JSE rise in early trading – Friday

As the close of October approaches, the prices of stocks seem to be firming up on the Jamaica Stock ICI JSE int trd 28-10-16Exchange resulting in slightly more stocks rising than falling in the early trading session. Trading continues on moderate pace on Friday with all the market indices rising.
The all Jamaica Composite Index gained 440.70 points to 185,738.53, the Jamaica Stock Exchange Market Index grew 394.06 points to 167,125.05, the Jamaica Stock Exchange combined index climbed 664.11 points to close at 179,973.91 and the junior market index climbed 29.07 points to 2,432.01.
At 10:45 am, a total of 21 securities traded, resulting in a volume of 548,724 shares changing hands carrying a value of $3,478,798.
The average number of shares traded on Friday amounts to 26,130 units. Market activity resulted in 7 stocks falling while the prices of 8 securities rose.
In trading activity, Jamaica Producers gained 80 cents in trading 123,880 shares at $8.30, KLE Group fell from $1.79 to $1.30 with 102,077 shares, Lasco Financial Services traded 110,000 units at $3.10, Sagicor Real Estate X Fund has so far traded 56,372 shares at $10.20, Proven Investments 33,550 units at 19 US cents.

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