$645 million in Barita shares traded hands on Tuesday
Created : 9 October 2019
A block trade in Barita Limited shares worth $645 million led volumes on the Jamaica Stock Exchange (JSE).
The stock stayed largely level but 8.13 million units traded hands at $79.85. The purchaser was not disclosed. It comes days after the company concluded its second rights issue in under 12 months.
JMMB Group led gains on Tuesday up eight per cent to close at $43.68 on the day.
SSL Ventures led declines down 19.2 per cent to close at $1.09.
The JSE Combined Index declined by 1,137.23 points ( 0.22 per cent) to close at 506,053.54.
The JSE Index declined by 387.75 points ( 0.08 per cent) to close at 510,011.86. The Junior Market Index declined by 71.97 points ( 2.06 per cent) to close at 3,413.32. The JSE USD Equities Index advanced by 0.29 points ( 0.15 per cent) to close at 198.91. The JSE Financial Index declined by 0.08 points ( 0.06 per cent) to close at 139.21.
Meanwhile, the JSE Manufacturing & Distribution Index declined by 1.27 points ( 1.28 per cent) to close at 98.26.
Overall Market activity resulted from trading in 67 stocks of which 24 advanced, 38 declined and 5 traded firm.
Market volume amounted to 46,419,683 units valued at over $775 million.
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