Everything Fresh dips below listing price
Managing Director Courtney Pullen and Melene Pullen Executive Director of Everything Fresh.
Everything Fresh the latest listing on the exchange will open trading on Wednesday well below last Friday’s listing price as investors bid down the stock 20 per cent.
Everything Fresh listed on Friday at $2.50 and ascended to a high of $2.80 before closing lower on Tuesday at $2.12. Consider that it will open trading at $2.38 but the highest bid in the queue is currently at $2.00.
Also on Tuesday’s trading of the Jamaica Stock Exchange, Access Financial, tTech and PanJam Investments increased by double-digit levels.
Access gained 14 per cent to close at $52 with just 933 units trading. While tTech increased 13.2 per cent to close at $6.00 with only 200 units.
Also PanJam gained 10 per cent to close at $57.57 with only 685 units. The big volume mover was Wisynco up 1.7 per cent to close at $9.58 with 2.45 million units trading hands.
Also, Main Event declined 10.3 per cent to $6.27 and Caribbean Cream led 15.3 per cent to $4.86.
The JSE Combined Index declined by 1,156.38 points (0.37 per cent) to close at 313,247.63. The JSE Index declined by 1,086.32 points (0.36 per cent) to close at 304,616.89. The JSE All Jamaican Composite Index declined by 1,192.30 points (0.36 per cent) to close at 334,334.95. The Junior Market Index declined by 14.40 points
(0.47 per cent) to close at 3,040.08. The JSE USD Equities Index declined by 6.30 points (3.89 per cent) to close at 155.49.
Overall Market activity resulted from trading in 55 stocks of which 16 advanced, 26 declined and 13 traded firm.
Market volume amounted to 8,557,186 units valued at over $121,154,117.38. WISYNCO GROUP LTD ORDINARY SHARES was the volume leader with 2,466,837 units (28.83per cent) followed by Caribbean Producers Jamaica Limited with 1,006,000 units (11.76per cent) and Mayberry Investments Limited with 835,956 units (9.77per cent) .