New record close of 304,331 for JSE

Trading on the Main Market of the Jamaica Stock Exchange finished at another record close on Wednesday, with 23 securities changing hands, 10 advanced, 4 declined and 6 traded firm.
Sagicor Group traded at an intraday high of $42 by fell back to close at $38.50, with 385,734 shares and Berger Paints traded 72,142 shares in closing at $11.60 even as there is no official information as to the take up of offer to buy minority shares by Ansa Coatings.
The JSE All Jamaican Composite Index climbed 1,832.93 points to a record close of 304,331.28 and the JSE Index advanced by 1,670.01 points to close at 277,280.22. Trading ended with 2,338,963 units valued at $40,714,751 compared to 3,286,324 units valued at $72,430,544 on Tuesday. In the US dollar market, trading accounted for 484,226 units valued at US$124,982 as 4 securities changed hands of which 2 gained, resulting in the JSE USD Equities Index advancing by 1.15 points to close at 184.81.
Trading ended with an average of 101,694 units for an average of $1,770,207 in contrast to 142,884 units for an average of $3,149,154 on Tuesday. The average volume and value for the month to date amounts to 1,919,815 units valued at $26,465,745 and previously, 2,085,099 units valued at an average of $28,710,794. In contrast, September closed with average of 283,480 units at $3,630,990 for each security traded.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 5 stocks with bids higher than their last selling prices and 3 with lower offers.

 

 

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