JSE off to slow start Monday

After 60 minutes of trading on the Jamaica Stock Exchange, 14 securities traded with JSE Intra - 10.30 29-06-15.4 rising and 6 declining comprising a total volume of 519,320 shares changing hands, only 2 stocks have so far traded in the junior market with both declining.
The all Jamaican Composite index inched up 179.45 to 108,283.79 points, JSE Combined Index put on 84.53 to 100,321.40 points, JSE Index is now at 97,827.49 points after adding 160.54 points and Junior Market Index fell to 892.53, down by 7.37 points.
The most noticeable trades so far are KLE with a small volume but ended down to 65 cents the lowest price it has traded at to date, Gleaner Company with 5,600 units at $1.29 with a 10 cents gain, for a 52 weeks’ high and Sagicor Group traded at $13. Paramount Trading has a bid at $6 versus the last traded price of $5.11 as investors try to find where supply may be.

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