Thursday 14 December, 2017

ISP Finance led declines during Wednesday’s trading

Stocks tumbled by double-digit amounts on Wednesday’s trading of the Jamaica Stock Exchange (JSE).

The advance to decline ratio was however equal in number at 1 to 1.

ISP Finance declined by 26.7 per cent to close at $11.00 with 1,000 units trading. It was followed by Access Financial down 11.51 to close at $33.76.

General Accident gained 7.5 per cent to close at $2.71 with 89,060 units trading on the day. It was followed by Jamaica Broilers Group up 4.6 per cent to close at $17.82 with 1.27 million units trading hands.

The JSE Combined Index advanced by 684.46 points (0.24 per cent) to close at 283,902.85.

The JSE Index advanced by 1,559.52 points (0.57 per cent to close at 277,480.13.

The JSE All Jamaican Composite Index advanced by 1,711.67 points (0.57 per cent )to close at 304,550.70.

The JSE Select Index declined by 15.34 points (0.18 per cent) to close at 8,444.48. The Junior Market Index declined by 69.01 points ( 2.55 per cent) to close at 2,636.14, while the JSE USD Equities Index advanced by 4.67 points ( 2.75 per cent) to close at 174.66.

Overall Market activity resulted from trading in 41 stocks of which 16 advanced, 16 declined and 9 traded firm.

Market volume amounted to 10,821,575 units valued at over $137.14 million. Supreme Ventures Limited was the volume leader with 7,426,588 units (68.63 per cent) followed by Jamaica Broilers Group with 1,270,187 units (11.74 per cent) and GraceKennedy Limited with 624,979 units (5.78 per cent).