Friday 24 May, 2019

Paramount Trading led gains during Wednesday's trading

Paramount Trading (Jamaica) Limited (PTL) led gains during Wednesday’s trading of the Jamaica Stock Exchange (JSE). 

PTL gained 13.49 per cent to close at $2.44, followed by Fosrich Company Limited (FOSRICH), up 6.27 per cent to close at $4.41. The day’s largest declining stock was Derrimon Trading Company Limited (DTL), down 8.00 per cent to close at $2.53.

The JSE Combined Index advanced by 79.26 points (0.02 per cent) to close at 384,060.57. The JSE Index advanced by 247.81 points (0.06 per cent) to close at 382,775.65. The Junior Market Index declined by 13.59 points (0.46 per cent) to close at 2,953.24. The JSE USD Equities Index closed at 178.39. 

The overall Market activity resulted from trading in 53 stocks of which 22 advanced, 25 declined and 6 traded firm. Market volume amounted to 6,128,912 units valued at over $112 million. Ironrock Insurance Company Limited was the volume leader with 1,500,000 units (24.47 per cent) followed by Grace Kennedy Limited with 1,129,961 units (18.44 per cent) and Wisynco Group Limited Ordinary Shares with 670,925 units (10.95 Per cent).

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