ISP Finance led gains during Monday’s trading
ISP Finance Limited, Caribbean Producers Jamaica (CPJ) and Consolidated Bakeries (Purity) led double-digit gains on Monday’s trading of the Jamaica Stock Exchange (JSE).
ISP gained 22 per cent to $19.50. Monday's movement resulted in cumulative gains of 56 per cent in May so far. It is also trending towards its all-time high of $28 which it hit back on May 29, 2017.
Also on the day, CPJ gained 13 per cent to close at $4.85 and Purity increased 11 per cent to $1.99.
The JSE Combined Index advanced by 2,754.41 points (0.67 per cent) to close at 415,146.72.
The JSE Index advanced by 2,447.92 points (0.59 per cent) to close at 414,632.21. The JSE All Jamaican Composite Index advanced by 2,693.78 points (0.60 per cent) to close at 455,184.91. The JSE Select Index advanced by 107.24 points (1.04 per cent) to close at 10,378.79. The JSE Cross Listed Index closed at 100.00. The Junior Market Index advanced by 46.18 points (1.50 per cent) to close at 3,118.75. The JSE USD Equities Index declined by 0.36 points (0.20 per cent) to close at 182.71. The JSE Financial Index advanced by 1.13 points (1.07 per cent) to close at 106.33.
The overall Market activity resulted from trading in 59 stocks of which 30 advanced, 25 declined and 4 traded firm.
Market volume amounted to 3,106,201 units valued at over $51.3 million. Proven Investments was the volume leader with 756,613 units (24.36per cent) followed by Fosrich Company with 498,363 units (16.04per cent) and Sygnus Credit with 375,328 units (12.08 per cent).