Wednesday 26 February, 2020

SOS, Palace Amusement stocks at all-time highs

Stationery and Office Supplies listed on the Jamaica Stock Exchange in 2017.

Stationery and Office Supplies listed on the Jamaica Stock Exchange in 2017.

Stationery and Office Supplies (SOS) and Palace Amusement hit an all-time highs on Wednesday’s trading of the Jamaica Stock Exchange (JSE).

SOS gained 1.4 per cent to close at $16.35. Shares in the company which mainly sells stationery increased 95 per cent year to date, spurred on by the release of record breaking second quarter results with profit up 195 per cent to $34.1 million. Palace Amusement once again led gains on the market up 28 per cent on Wednesday to close at $2,500. The stock is up 92 per cent since the start of August.

The JSE Combined Index declined by 3,049.44 points ( 0.58 per cent) to close at 521,861.90.

The JSE Index declined by 3,895.59 points ( 0.74 per cent) to close at 524,251.34. The JSE All Jamaican Composite Index declined by 4,286.79 points ( 0.74 per cent) to close at 575,812.82. The Junior Market Index advanced by 48.55 points ( 1.34 per cent) to close at 3,662.94. The JSE USD Equities Index advanced by 0.97 points ( 0.50 per cent) to close at 193.62. The JSE Financial Index declined by 1.48 points ( 1.03 per cent) to close at 142.88.


Overall Market activity resulted from trading in 69 stocks of which 35 advanced, 28 declined and 6 traded firm.


Market volume amounted to 233,285,526 units valued at over $501.1 million. Wigton Windfarm was the volume leader with 118,375,842 units(50.74per cent) followed by Sagicor Select Funds with 101,996,594 units (43.72per cent) and The Lab with 3,761,358 units (1.61per cent) .

 

 

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