Slow start in early trading

Trading was off to a slow start in early trading with only two stocks trading amounting to a mere 3,200 units at 9.50 am on the Jamaica Stock Exchange on Wednesday. By 9.55 am trading picked up 10 companies’ stocks changing hands.
JSE intra 23-12-15At 10:45 am, only 18 securities traded as 5 stocks rose and 5 declined with 2,810,331 units changing hands. The all Jamaica Composite Index rose 713.39 points to 161,901.32, the JSE Market Index gained 638.34 points to 145,804.74, the JSE combined index increased by 337.11 points to 152,280.70 and the junior market index is down 29.74 points to 1,637.17.
Interesting trades include Caribbean Cream with 1,029,160 shares at $3.70, Gleaner traded 957,914 units at $1.31, Lasco Distributors has so far seen 203,870 units trading between $4.60 and the current price of $4.56 but is seeing supply declining at these levels, with 5 offers ranging from $4.90 to $5 and Lasco Manufacturing had 256,617 trading as high as $3.55 but fell back to $3.

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