Kremi, tTech and KLE led gains during Wednesday’s trading
Caribbean Cream (Kremi), tTech Limited and KLE Group led double-digit gains during Wednesday’s trading of the Jamaica Stock Exchange (JSE).
Kremi gained 21.2 per cent to close at $2.80, followed by tTech up 17.7 per cent to $4.25, and KLE Group up 17.2 per cent to close at $1.70.
Leading declines were Derrimon Trading preference shares down 15.2 per cent to $1.40 and Sterling Investments down 8.0 per cent to US$0.02.
The JSE Combined Index advanced by 4,608.84 points (1.20 per cent) to close at 390,224.75.
The JSE Index advanced by 4,975.85 points (1.28 per cent) to close at 393,629.79. The Junior Market Index advanced by 3.06 points (0.12 per cent) to close at 2,607.42. The JSE USD Equities Index declined by 0.18 points (0.09 per cent) to close at 204.63.
The JSE Financial Index advanced by 1.02 points (0.96 per cent) to close at 107.63 and the JSE Manufacturing & Distribution Index advanced by 1.17 points (1.58 per cent) to close at 75.40.
Overall market activity resulted from trading in 84 stocks of which 37 advanced, 31 declined and 16 traded firm.
Market volume amounted to 26.2 million units valued at over $126 million. Transjamaican Highway Limited was the volume leader with 10.35 million units (39.5 per cent) followed by Wigton Windfarm with 3.0 million units (11.5 per cent) and Sagicor Select Funds Financial with 2.59 million units (9.9 per cent).