JSE gains in early session – Wednesday

JSE Intra - 31-08-16 In early morning trading on the Jamaica Stock Exchange, the main market rose moderately but the junior market fell moderately.
Jetcon Corporation traded 2,000 shares and rose by 5 cents at a new high of $3.23, Knutsford Express Services traded 5,344 units at a new all-time high of $26, Jamaica Money Market Brokers 7.50% preference share traded 212,947 units at $2.10.
At 10:45 am 31 securities traded, resulting in a volume of 514,030 shares changing hands. The average number of shares traded amounts to 16,582 units compared to 40,010 units on Tuesday. The number of stocks falling so far amounts to 8 while the prices of 10 securities rose.
The all Jamaica Composite Index dropped 575.23 points to 177,931.33 the Jamaica Stock Exchange Market Index slipped 514.36 points to 160,144.02, the Jamaica Stock Exchange combined index 448.54 points to close at 171,094.88 and the junior market index fell 2.78 points to 2,197.79.

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