JSE inches up in early trading – Tuesday

Trading is off to a fairly slow start on the Jamaica Stock Exchange in the early morning session but with a few reasonable sized trades. Leading off is Lasco Manufacturing with 1,079,447 units followed by Cable & Wireless with 355,488 shares and Caribbean Cream with 97,300 shares while Caribbean Cement chipped in with 63,122 units, Jamaican Teas 74,583 units and JMMB 7.25% traded 200,000 shares.
Trading saw all major indices rising moderately, with the main market indices gaining just under 200 points and the junior market index climbing over 10 points after 90 minutes of trading, on Tuesday. The average volume traded amounts to 107,260 units per active stock, compared to an average of 71,293 units traded in the mid-morning session on Monday.
A total of only 20 securities accounting for 2,145,196 shares changed hands as 5 stocks gained and 4 declined.
The market saw the all Jamaica Composite Index rising 195.09 points to 167,466.80, the JSE Market Index gained 174.44 points to 150,787.09, the JSE combined index ended with a rise of 279.60 points to 161,579.83 and the junior market index rose 11.48 points to 2,116.34.