Unlike last week Friday when only 8 securities traded after 75 minutes of the market’s opening, on Monday the number of stocks trading jumped to as 29 including 14 junior market stocks. Trading volume is a mere 477,223 units, with 6 stocks declining versus 11 rising.
Trading activity resulted in mixed fortunes for the indices with the main market one falling and the junior market increasing. The JSE Market Index fell 238.55 points to 97,379.22. The JSE All Jamaican Composite index gained 266.63 points to close at 107,782.81 and the JSE combined index lost 163.37 points to end at 100,482.09. The junior market gained just 6.80 point to close at 956.79.
The notable trades are Carreras trading at $50.30 with a gain of $1.30 but with only 1,000 shares, Jamaica Broilers with 2,000 units at $6.99 after jumping $1.39. From the junior market, Access made another big leap to $19 with a gain of $6 but with 13,840 units, Blue Power rose 70 cents to $13, Dolphin Cove gained 85 cents to $13, while 62,000 shares traded and Lasco Distributors was up 23 cents to $1.85 with 184,468 units.
Securities trading jump on Monday
August 31, 2015 by
