JSE main market in moderate gain

Trading on the Main Market of the Jamaica Stock Exchange was moderate on Thursday with just 20 securities changing hands, 4 advanced, 9 declined and 8 traded firm. Only 2,566,192 units valued at $67,621,781 traded compared to 6,096,729 units valued at $100,198,639 on Wednesday.
The JSE All Jamaican Composite Index inched higher by 166.44 points to close at 320,626.86 and the JSE Index rose just 151.64 points to close at 292,127.34. The US dollar Equity market fell 5.09 points to 175.63 as 2 securities traded in this market resulting in 12,000 shares valued at US$2,745 as the price of 1 security fell.
Trading ended with an average of 128,310 units for an average of $3,381,089 in contrast to 243,869 units for an average of $4,007,946 on Wednesday. The average volume and value for the month to date amounts to 199,991 units valued at $3,227,959 and previously 209,946 units at an average of $3,206,692. In contrast, October closed with average of 1,185,251 units at $16,528,582 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ended with bids higher than their last selling prices and 2 with lower offers.