JSE lukewarm to election

The Jamaica Stock Exchange in the first day of trading since Sundays announcement by Prime Minister Portia Simpson-Miller announcement of general elections in Jamaica is responding in a luke-warm manner with very moderate trading to start the day but the market indices posted good gains so far.
JSE Int Cht - 01-02-16.xlsxThe PM announced February 25 as election day, with polls showing her party having slipped by 2 percentage points in the latest public opinion poll but with her opponents falling by over 6 percentage points.
After 75 minutes of trading, only 21 securities traded accounted for a mere 667,467 units changing hands with 8 stocks rising and 4 falling. The all Jamaica Composite Index climbed 709.62 points to 178,865.29, the JSE Market Index rose 634.97 points to 160,984.26, the JSE combined index gained 942.93 points to 171,783.04 and the junior market index fell 38.11 points to 2,212.92.
Caribbean Producers with just 1,500 shares was one of the highlights of the early morning session as it added 40 cents to trade at $5.90.

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