Kremi in demand but main market falls- Tuesday

June 21, 2016 by

Junior market listed IC Insider’s BUY RATED Caribbean Cream ICI intra JSE 21-06-16is in strong demand in early Tuesday morning trading on the Jamaica Stock Exchange, with 571,271 units changing hands at $5, followed by Scotia Group with 163,233 shares at $30.75. No other stock reached the 100,000 unit mark.
The main market suffered a reversal of Monday’s gains while the junior market index gained.
Trading resulted in activity in 21 securities, accounting for a volume of 965,106 units as 8 stocks gained and 6 declined. The average number of shares traded amounts to just units 41,961 compared to an average of 14,733 units on Monday.
After 75 minutes of trading in the early morning session, on Tuesday, the all Jamaica Composite Index dropped 1,559.23 points to 177,151.24, the Jamaica Stock Exchange Market Index dipped 1,394.18 points to 159,446.52, the Jamaica Stock Exchange combined index dived 1,217.73 to close at 171,065.08 points andthe junior market index rose 7.22 points to 2,257.53.

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