Shortened session for JSE on Monday

Trading on the Main Market of the Jamaica Stock Exchange started well after the scheduled 9:30 opening, and only started at 1:15 in the afternoon after the stock exchange resolved problems with the trading platform and market activity ended at 3.29 on Monday.
Trading ended with 24 securities changing hands in the main market, the same number as on Friday and 4 trading in the US dollar market, resulting in 9 advancing, 10 declining and 5 traded firm at last traded prices. In the shortened trading session, 1,991,216 units valued at $25,521,206 changed hands, compared to 1,971,314 units valued at $32,172,855 on Friday.In the US dollar market trading accounted for 101,176 units valued at US$25,233 resulting in total trading in both markets to J$28,826,703.
At the close the All Jamaica Composite Index declined 859.78 points to close at 285,371.58, the JSE Market Index lost 783.36 points to 260,005.78 and the JSE US dollar market index inched 0.54 points higher to 187.05.
Trading ended with an average of 82,967 units for an average of $1,063,384 in contrast to 82,138 units for an average of $1,340,536 on Friday. The average volume and value for the month to date amounts to 284,296 units valued at $2,829,294, compared to 296,879 shares valued at an average of $2,933,171, previously. In contrast, August closed with average of 184,094 units with an average value of $4,336,090 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 ended with the market sentiments looking slightly positive for Tuesday’s activity as 10 stocks ended with bids higher than their last selling prices and 2 with lower offers.

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