JSE main market rise again- Tuesday

The Jamaica Stock Exchange ended on Tuesday with gains in the indices for a second day. At the close the JSE All Jamaican Composite Index gained 731.91 points to 317,872.87 and the JSE Index advanced by 666.86 points to 289,618.13.
Trading on the Main Market of the Jamaica Stock Exchange ended on Tuesday with as 9 advanced, 10 declined and 9 traded with prices unchanged.
The securities with the largest price changes include, Caribbean Cement with a fall of $1.80 to $31.20 and Scotia Group with a gain of 90 cents to end at $51.50.
Market activity ended with 2,910,640 shares valued at $68,467,853, in contrast to 4,327,589 shares valued at $91,755,917 on Monday.
Scotia Group with 733,630 units traded was the leading security trading followed by Ciboney Group with 474,739 units and Sagicor Real Estate Fund with 337,800 units.
The market closed with average of 111,948 units trading with an average of $2,633,379 for each security traded. In contrast to 160,281 units for an average of $3,398,367 on Tuesday. The average volume and value for the month to date amounts to 161,245 units valued at $3,699,796 and previously, 181,777 units valued at $2,865,105. In contrast, January closed with average of 349,084 units at an average of $5,801,440 for each security traded.
Traded in the US dollar market ended with Margaritaville lost 2 cents and settled at 19 US cents with 4,780 units and Proven Investments exchanging 14,213 ordinary shares, as the price closed at 22 US cents. The total value of US$4,070 and the JSE US Equities Index rose 85 points to 168.60.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 2 with lower offers.
For more details of market activities see – JSE majors in moderate trading Tuesday.