The stock market pulled back again on Friday with the indices falling in junior and the main markets and adding to Thursday end of day losses as volumes remained relatively light after 75 minutes of trading. The all Jamaica Composite Index fell 549.58 points to 174,562.41 the JSE Market Index tumbled 491.76 points to 157,134.01 the JSE combined index dropped 607.09 points to 168,621.96 and the junior market index fell 28.19 points to 2,264.88.
In trading 29 securities were active and accounted for 1,814,132 units changed hands with 12 stocks rising and 10 falling.
Scotia Group traded at $30.09 compared to nearly $34.99, the last traded price with 81,528 shares Barita Investments had 134,925 shares trading at $4.40, Margaritaville Turks came into its own after reporting profits of US$518,134 versus $279,000 in the six months to November last year, the stock traded 394,700 at 10.5 US cents, Radio Jamaica jumped to a new high of $6 with 32,400 units.
In the junior market, AMG Packaging traded at a new high of $11.05, Honey Bun is up to a new 52 weeks’ high of $7.18 and Paramount Trading at $10.50, Lasco Financial fell back to $4.20 from yesterday’s close of $4.75.
JSE pulls back again in early trading
January 15, 2016 by IC Insider.com
Filed Under: JSE Main Market, Stock Market Tagged With: AMG Packaging, Barita, Daily Trading, Honey Bun, Jamaican Stock, Kingston Wharves, Lasco, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Margaritaville Turks, Paramount Trading, Radio Jamaica, Scotia, Scotia Group
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