LasD big early trade – Wednesday

Lasco Distributors dominated trading in the morning session on the Jamaica Stock Exchange with 16,391,584 shares valued at $124,452,572, the stock traded down to $7.25 from $7.60 at the close on Tuesday. The only other trade in with six digits is Mayberry Investments with 131,434 units at $4.2o down from $4.50 it traded ta earlier in the morning.
After 75 minutes of trading, on Wednesday, all main indices rose. The average volume traded amounts to 697,832 units per active stock, compared to an average of 25,536 units in the mid-morning session on Tuesday. The big Lasco Distributors trade, pushed up the average today.
Trading resulted in activity in 24 securities, accounting for 16,747,973 shares changing hands as 8 stocks gained and 6 declined.
The market saw the all Jamaica Composite Index gained 873.76 points to 171,238.08, the JSE Market Index rose 781.28 points to 154,159.22, the JSE combined index ended with a rise of 926.69 points to 165,340.89 and the junior market index gained 19.50 points to 2,178.06.