Saturday 22 September, 2018

Honey Bun up more than 14% to lead gains

Honey Bun trucks emblazoned with images of the company's Goldie snack.

Honey Bun trucks emblazoned with images of the company's Goldie snack.

Honey Bun and Caribbean Cement Company led with double digit gains in Monday’s trading of the Jamaica Stock Exchange (JSE).

Honey Bun increased 14.6 per cent to close at $4.47 with 19.500 units trading. It was followed by Carib Cement, up 11.7 per cent to close at $48.87 with only 610 units trading indicating that the stock remains in limited supply.

The day’s leading stock decline went to Main Event, down 10 per cent to close at $5.99 followed by Mayberry Investments, down 7.2 per cent to $7.66.

The JSE Combined Index declined by 393.75 points (0.12 per cent) to close at 324,407.77.

The JSE Index declined by 802.56 points ( 0.25 per cent) to close at 315,354.54. The Junior Market Index advanced by 31.40 points ( 1.00 per cent) to close at 3,158.00. The JSE USD Equities Index advanced by 0.47 points ( 0.30 per cent) to close at 159.31.

Overall Market activity resulted from trading in 49 stocks of which 23 advanced, 17 declined and nine traded firm.

Market volume amounted to 7,490,828 units valued at over $57.2 million. MAYBERRY JAMAICAN EQUITIES LIMITED was the volume leader with 2,626,900 units (35 per cent) followed by FOSRICH COMPANY LIMITED with 1,116,649 units (14.91 per cent) and Lasco Financial Services Limited with 1,012,633 units (13.52 per cent).

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