Slow start for JSE – Wednesday

JSE intra 20-07-16 The Jamaica stock market is off to slow start with no stock trading over 100,000 units after 75 minutes of the opening of market. The stock with the highest volume is Lasco Distributors with 75,456 units at $7.50 after rising 40 cents.
The all Jamaica Composite Index gained 307.31 points to 177,170.70, the Jamaica Stock Exchange Market Index gained 274.79 points to 159,463.88, the Jamaica Stock Exchange combined index climbed 582.36 point to close at 170,353.83 points andthe junior market index climbed 31.91 points to 2,187.05 with the jump in the price of Lasco Distributors.
Trading at 10:45am resulted in 20 securities changing hands, accounting for a volume of a mere 234,305 shares, with 6 securities rising and 7 falling. The average number of shares traded amounts to 11,715 units compared to an average of 53,267 units on Tuesday.

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