The main market indices of the Jamaica Stock Market jumped sharply at 10:45 AM on Thursday morning but the junior market slipped after just two stocks traded
in a moderate trading session with 6 stocks gaining versus 7 that fell.
Trading volumes were generally low except for two securities that traded more than 100,000 shares, these are Cable & Wireless with 150,000 units at $1.10 and Supreme Ventures with 368,964 units at $4.99, Berger Paints traded close to 100,000 units with 85,404 shares at $5.
In trading after the 10:45 cut off Jamaica Producers 725,108 units at $8.20 with the bid at $8.23 to buy 18,050 units, there were no stocks offered for sale.
At 10:45 am only 20 securities traded, resulting in a volume of 743,346 shares changing hands. The average number of shares traded amounts to 37,167 units compared to 80,952 units on Wednesday.
The all Jamaica Composite Index surged 1,287.12 points to 180,953.47, the Jamaica Stock Exchange Market Index climbed 1,150.92 points to 162,846.35, the Jamaica Stock Exchange combined index gained 853.57 points to close at 173,722.72 and the junior market index lost 20.85 points to 2,209.61.
Juniors down majors jump – Thursday
August 18, 2016 by
