National Commercial Bank dropped back $2.49 with only 5,000 to $27.51 a ripped out a large portion of the main market indices on a morning of very slow trading. The only other trades of note on the main market are 259,275 units of Cable & Wireless at 52 cents each and Proven Investments 8% preference share trading at $4.0 with 368,901 shares.
The market has so far have trading in 14 securities with a volume of 747,689 units, with 2 stocks declining and 3 rising. Trading activity resulted the JSE Market Index falling 1,896.27 points to 98,236.27. The JSE All Jamaican Composite index dropped 2,119.51 points to 108,740.75 and the JSE combined index lost 1,774.90 points to be at 101,426.89. The junior market rose 1.45 points to 971.89.
JSE drops 2,100 points – Tuesday morning
September 8, 2015 by