Jamaica Stock Exchange.
Newly listed Trans Jamaican Highway inched higher by half a cent to close at a record high of 1.05 US cents after being the dominant stock in trading on the JSE US dollar market on Monday and accounting for 97.5 percent of the day’s volume.
Market activity resulted in five securities changing hands, accounting for 3,646,138 units traded with a value of US$59,981, in contrast to 2,129,328 units for US$64,366 on Friday. At the close, the market fell by 0.20 points to close at 197.33 to be down by 12.8 percent for the year to date.
In trading First Rock Capital closed at 7 US cents, with a loss of 1.4 cents after exchanging 25,000 units, JMMB Group 5.75% preference share shed 3 cents in transferring 5,000 units to end at US$2.12. Proven Investments gained 2 cents to end at 25.99 US cents, after trading 36,328 shares, Sygnus Credit Investments closed at 12 US cents, with 23,685 units changing hands. Trans Jamaican Highway rose by 0.1 of a cent to close ahead of the initial public offer price at 1.05 US cents, with an exchange of 3,556,125 shares. Trans Jamaican Highway closed with bids to buy 874,977 shares at one US cent each, 2 with offers to sell 446,893 units at 1.05 US cents.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
