Trading started off slowly in the early morning session on the Jamaica Stock Exchange, on Thursday, with no junior market shares trading after half an hour of the market’s opening while only nine stocks traded in the main market up to that point. Trading activity resulted in the market indices rising.
After 75 minutes of trading in the early morning session, on Thursday, the all Jamaica Composite Index rose 138.19 points to 168,232.48, the JSE Market Index gained 123.56 points to 151,471.73, the JSE combined index was up 149.19 points to 162,860.87 and the junior market index gained just 3.37 points to 2,179.32.
Stocks traded more than 100,000 units are, Cable & Wireless with 949,000 units, Scotia Group with 103,752 shares, Proven Investments traded 554,302 ordinary shares at 17.02 US cents.
Pan Jamaican Investment traded at a new 52 weeks’ high of $99 with 2,000 shares trading, the highest bid for the stock is at $100.01 to buy 8,500 units.
Trading resulted in activity in 20 securities, accounting for 1,835,483 shares changing hands as 3 stocks gained and 7 declined. The average number of shares traded is 91,774 compared to an average of 32,508 units on Wednesday.
JSE up in morning session – Thursday
May 12, 2016 by
