Trading in the early morning session on the Jamaica Stock Exchange, on Monday saw the main market indices dropping sharply by just under 1,500 points as per the all Jamaica Composite Index. The junior market enjoyed a moderate bounce.
Three stocks traded more than 100,000 units with Caribbean Cream having 109,103 shares trading up to $4.99 but last traded at $4.80 followed by Jamaica Stock Exchange with 100,100 units at $21 and Jamaica Money Market Brokers 7.50% preference share with 108,800 units at $2.15.
After 75 minutes of trading, on Monday, the average volume traded amounts to 22,162 units per active stock, compared to an average of 92,039 units in the mid-morning session on Friday.
Trading resulted in activity in 29 securities, accounting for 642,698 shares changing hands as 11 stocks gained and 10 declined, representing continued fluidity in price movements.
The market saw the all Jamaica Composite Index dropped 1,489.34 points to 168,937.45, the JSE Market Index fell 1,331.71 points to 152,102.08, the JSE combined index ended with a fall of 1,132.78 points to 163,214.52 and the junior market index bounced 9.99 points to 2,156.79.
JSE majors fall in early trading – Monday
May 9, 2016 by
