Tuesday 7 April, 2020

Four stocks gained above 10 per cent on Tuesday

Eppley, Paramount, Victoria Mutual Investments (VMIL) and Cargo Handlers led double-digit gains during Tuesday’s trading of the Jamaica Stock Exchange (JSE).

Even as Eppley led gains up 22 per cent to close at $20, it now trades at a 52-week high along with Fontana, Honey Bun and NCB, the largest bank in Jamaica.

NCB actually closed lower on the day but had shares trade at an all-time high of $208 on Tuesday.

Also on the day, Paramount gained 21 per cent to close at $2.45, VMIL gained 16 per cent to $4.96, and Cargo Handlers gained 14 per cent to $10.50.

The JSE Combined Index declined by 1,835.71 points (0.40 per cent) to close at 460,815.15.

The JSE Index declined by 2,672.11 points (0.57 per cent) to close at 463,966.69. The Junior Market Index advanced by 57.00 points (1.84 per cent) to close at 3,147.61. The JSE USD Equities Index declined by 0.22 points (0.12 per cent) to close at 184.56. The JSE Financial Index declined by 1.21 points  0.97 per cent) to close at 123.21.

The overall Market activity resulted from trading in 67 stocks of which 32 advanced, 28 declined and 7 traded firm.

Market volume amounted to 78,546,432 units valued at over $396.7 million. Wigton Windfarm was the volume leader with 73,066,874 units (93.02per cent)followed by NCB Financial Group with 1,377,021 units (1.75 per cent) and Proven Investments with 530,329 units (0.68 per cent).

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