Tuesday 16 January, 2018

General Accident up more than 18% to lead gains

General Accident led gains in Tuesday's trading of the Jamaica Stock Exchange (JSE).

It gained 18.6 per cent on the day to close at $3.00. It was followed by Access Financial, up 14 per cent to close at $36.76 and the JSE Group, up 14 per cent to close at $7.00.

The top declining stock was KLE Group, down 17.8 per cent to $2.08, followed by Paramount Trading, down 11 per cent to close at $2.75.

The JSE Combined Index advanced by 1,425.76 points (0.51 per cent) to close at 282,789.65. The JSE Index advanced by 920.06 points ( 0.33 per cent) to close at 275,710.05. The JSE All Jamaican Composite Index advanced by 1,009.83 points ( 0.33 per cent) to close at 302,607.93. The JSE Select Index advanced by 80.03 points (0.98 per cent) to close at 8,239.49. 

The Junior Market Index advanced by 53.30 points ( 2.03 per cent) to close at 2,683.52. The JSE USD Equities Index declined by 2.29 points ( 1.29 per cent) to close at 174.66.

Overall Market activity resulted from trading in 49 stocks of which 24 advanced, 13 declined and 12 traded firm.

Market volume amounted to 2,635,632 units valued at over $56,008,698.70. Scotia Group Jamaica Limited was the volume leader with 527,032 units (20.00 per cent) followed by Jamaican Teas Limited with 388,000 units (14.72 per cent) and JMMB Group Limited with 324,315 units (12.31 per cent).