Thursday 19 September, 2019

AMG Packaging led gains during last week's trading

AMG Packaging and Paper (AMG) led gains during the week of trading on the Jamaica Stock Exchange (JSE).

AMG gained 25.7 per cent to close at $2.61. The rise was spawned by the release of positive results which signalled a 50 per cent rise in the earning per share year over year.  It was followed Consolidated Bakeries and Proven Investment both up 12.6 per cent to close at $2.23 and $26.45 respectively.

The week’s top declining stocks went to Paramount Trading down 25 per cent to $2.08 and Sterling Investments down 21.6 per cent to close at $3.70.

The JSE Combined Index declined by 5,463.98 points ( 1.45 per cent) to close at 376,877.95.

The JSE Index declined by 5,771.46 points ( 1.55 per cent) to close at 371,728.28. The JSE All Jamaican Composite Index declined by 6,341.35 points ( 1.55 per cent) to close at 407,986.74. The Junior Market Index declined by 14.87 points ( 0.46 per cent) to close at 3,222.34. The JSE USD Equities Index declined by 1.01 points ( 0.61 per cent) to close at 165.85.

Overall Market activity resulted from trading in 100 stocks of which 36 advanced, 33 declined and 31 traded firm.

Market volume amounted to 55,965,911 units valued at over $731,340,383.85. Fontana Limited was the volume leader with 23,163,765 units (41.39 per cent) followed by JMMB Group with 7,434,470 units (13.28 per cent) and Knutsford Express Services Limited with 6,732,881 units (12.03 per cent).

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