Tuesday 20 November, 2018

Scotia, Kingston Properties lead JSE gains

Scotia Group Jamaica and Kingston Properties led gains in Friday’s trading of the Jamaica Stock Exchange (JSE).

Scotia gained 4.8 per cent to close at $52.51. It was followed by Kingston Properties, up 4.7 per cent to close at $5.39.

The day’s top declining stocks were Fosrich, down 5.36 per cent to close at $2.65, and Consolidated Bakeries, down five per cent to $1.91.

The JSE Combined Index advanced by 1,206.21 points (0.38 per cent) to close at 315,211.18. The JSE Index advanced by 1,214.30 points (0.40 per cent) to close at 306,489.55. The JSE All Jamaican Composite Index advanced by 1,332.76 points (0.40 per cent) to close at 336,390.30.

The JSE Select Index advanced by 76.13 points (0.83 per cent) to close at 9,280.86. The Junior Market Index advanced by 8.27 points ( 0.27 per cent) to close at 3,062.21. The JSE USD Equities Index advanced by 0.05 points (0.03 per cent) to close at 153.20.

Overall Market activity resulted from trading in 45 stocks of which 19 advanced, 20 declined and six traded firm. Market volume amounted to 3,733,370 units valued at over $49.6 million. Lasco Distributors Limited was the volume leader with 540,300 units (14.47 per cent) followed by Mayberry Investments Limited with 501,000 units (13.42 per cent) and Scotia Group Jamaica Limited with 447,178 units (11.98 per cent) .