Sunday 23 February, 2020

Kingston Properties, Proven led declines during Monday's trading

Kingston Properties (KPREIT) and Proven Investments saw the biggest declines during Monday's trading on the Jamaica Stock Exchange (JSE).

Kpreit dipped by 16.6 per cent to $5.00 and Proven dipped 12.7 per cent to US$0.27.

Top gainer of the day was Pulse Investments up 5.5 per cent to $8.46.

The JSE Combined Index declined by 1,357.92 points (0.28 per cent) to close at 476,540.45. The JSE Index declined by 1,546.68 points ( 0.32 per cent) to close at 482,896.34, so did the JSE All Jamaican Composite Index which dipped by 1,707.65 points ( 0.32 per cent) to close at 530,322.08.

The JSE Select Index declined by 6.62 points ( 0.05 per cent) to close at 12,327.03 and the JSE Cross Listed Index declined by 0.03 points ( 0.03 per cent) to close at 93.39.

Meanwhile, the Junior Market Index advanced by 5.80 points ( 0.19 per cent) to close at 2,994.69.

The JSE USD Equities Index declined by 14.06 points ( 6.10 per cent) to close at 216.52 and the JSE Financial Index declined by 0.21 points ( 0.16 per cent) to close at 130.75.

The JSE Manufacturing & Distribution Index advanced by 0.11 points ( 0.12 per cent) to close at 91.29.
Overall Market activity resulted from trading in 75 stocks of which 24 advanced, 41 declined and 10 traded firm.

Market volume amounted to 30.6 million units valued at over $142.5 million. Sagicor Select Funds-Financial was the volume leader with 11,703,732 units (38.29per cent ) followed by Wigton Windfarm with 5,123,755 units (16.76 per cent) and Sagicor Select Manufacturing & Distribution 4,411,550 units (14.43 per cent) .

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