Light trading on JSE – Friday

Trading of stocks on the Jamaica Stock Exchange on Friday morning was light, with just 18 securities changing hands ahead of the independence day holiday on Saturday. The market indices all rose in the main and junior markets, but declining stocks were in the ascendancy with only 3 stocks gaining in price versus 8 that fell.
The all Jamaica Composite Index rose 124.20 points to 178,078.40 the Jamaica Stock Exchange Market Index climbed 111.05 points to 160,275.52 the Jamaica Stock Exchange combined index gained 136.97 points to close at 171,241.10 points andthe junior market index gained 3.31 points to 2,200.15.
Trading levels at 10:45 am was low, resulting in a volume of a mere 112,608 shares changing hands. The average number of shares traded amounts to only 6,256 units compared to 33,688 units on Thursday.
Iron Rock Insurance has buying for 3,992,866 units at $3.28, Jamaica Producers Bond had an offer to sell 5,776,818 units at $1.10 and Radio Jamaica had 967,693 units offered at $1.68.