The Jamaica Stock Exchange is enjoying modest gains in Tuesday morning trading as investors participate in moderate trading on the first trading day of the week. Trading volume and value were up from Friday’s levels as advancing stocks edged out declining ones on the day after the market was closed for a public holiday on Monday.
The all Jamaica Composite Index gained 380.56 points to 186,523.26 the Jamaica Stock Exchange Market Index advanced 340.29 points to 167,826.74, the Jamaica Stock Exchange combined index rose 518.72 points to close at 180,491.37 and the junior market index rose 19.78 points to 2,419.04.
At 10.45 am, a total of 27 securities traded, resulting in a volume of 659,435 shares changing hands carrying a value of $8,595,191, compared to 346,328 shares changing hands, carrying a value of $3,122,421 on Friday.
The average number of shares traded amounts to 24,424 units compared to 15,058 on Friday. Market activity resulted in 6 stocks falling while the prices of 9 securities rose.
In trading activity, AMG Packaging traded 290,000 shares at $20, Radio Jamaica traded 153,763 units at $1.55 and Scotia Investments jumped $3.90 to $33.90 while trading 53,500 units.
JSE in early morning gains
October 18, 2016 by