Unlike Monday when it took half an hour for the first trade to take place from the opening of the Jamaica Stock Exchange, trading started as the market opened on Tuesday, but the main market suffered a big fall while the junior market inched up.
Trading saw sizable transactions in Carreras with 116,349 shares at $66.25, JMMB Group with 2,004,607 units at $14, Supreme Ventures exchanging 2,329,268 units at $5, Proven Investments 135,336 units at 22 US cents and JMMB Group 7.50% preference share traded 796,475 units at $1.08. 
In the junior market Cargo Handlers hit a new high of $16.30 but with only 23,630 shares changing hands and Lasco Distributors traded 3,200,418 units at $7.
Market activity has been moderate resulting in 37 securities traded at 11:15 am, compared to 23 on Monday at 10:45 am. A total of 8 securities advanced and 15 declined, resulting in a volume of 9,217,455 shares changing hands carrying a value of $88,961,404, compared 1,109,562 shares changing hands carrying a value of $9,413,375.
The average number of shares traded, amount to 256,036 units versus mere 48,242 units on Monday.
The all Jamaica Composite Index dropped 1,529.81 points to 202,718.28, the Jamaica Stock Exchange Market Index fell 1,367.92 points to 185,640.75, the Jamaica Stock Exchange combined index declined 930.46 points to be at 198,427.58 and the junior market index blasted to a new high with an increase of 40.43 points to 2,564.39 at 10:45 but pulled back a bit to be up 32.88 at 2,556.84.
JSE majors drop 1,529 points – Tuesday
December 20, 2016 by
