Wednesday 30 September, 2020

Mailpac closes below $2 on Tuesday

A top declining stock, Mailpac Group declined 8.0 per cent to $1.96, its lowest level close since December 12.

A top declining stock, Mailpac Group declined 8.0 per cent to $1.96, its lowest level close since December 12.

Mailpac Group shares closed at their lowest for the year during Tuesday's trading of the Jamaica Stock Exchange (JSE).

Pulse Investments gained 12 per cent to close at $6.62 and GWest gained 11 per cent to close at $1.11. 

A top declining stock, Mailpac Group declined 8.0 per cent to $1.96, its lowest level close since December 12. It had hit an all-time closing high of $2.50 on December 16.

On Tuesday 1.0 million units of the stock traded hands. The stock will open at $2.13 but buyers are not willing to go beyond the closing price.

The JSE Combined Index declined by 5,524.82 points (1.12 per cent) to close at 487,391.30.

The JSE Index declined by 5,702.93 points (1.14 per cent) to close at 493,316.21. The Junior Market Index declined by 25.98 points (0.83 per cent) to close at 3,111.04. The JSE USD Equities Index declined by 11.09 points (4.59 per cent) to close at 230.50. The JSE Financial Index declined by 1.10 points (0.81 per cent) to close at 134.52. The JSE Manufacturing & Distribution Index declined by 2.41 points (2.57 per cent) to close at 91.53.

Overall Market activity resulted from trading in 74 stocks of which 19 advanced, 46 declined and 9 traded firm.

Market volume amounted to 61,901,036 units valued at over $255.8 million. Sagicor Select Funds Financial was the volume leader with 40,877,468 units (66.04per cent) followed by Wigton Windfarm with 8,859,222 units (14.31per cent) and QWI Investments with 2,107,496 units (3.40per cent).

 

 

 

 

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