JSE Main market up on Monday

Pressure on the Jamaica main market stocks eased on Monday with the indices gaining moderately but declining stocks just beating advancing ones by a margin of 16 securities declining 15 securities gaining as 40 changed hands in all market segments. Trading resulted in 2 stocks closing at 52 weeks’ highs.
A total of 7,670,934 units valued at $79,145,756 changed hands in all markets. The junior market accounted for 1,035,881 units changing hands, valued at $5,711,682.98.
The JSE Market Index rose 559.11 points to 157,946.13 the all Jamaica Composite Index gained 624.85 points to end at 175,470.01 and the JSE combined index dumped by 164.96 points to close at 167,952.51.
IC bid-offer Indicator| At the end of trading, in the main and junior markets, the Investor’s Choice bid-offer indicator reading was 14 stocks with bids higher than their last selling prices and 5 with lower offers.