Friday 13 December, 2019

Stationary and Office Supplies trades at year-to-date high

JSE Managing Director Marlene Street-Forrest (left) greets deputy MD of SOS, Allan McDaniel at the company's JSE listing in 2017. SOS Chairman David McDaniel and company secretary Marjorie McDaniel look on.

JSE Managing Director Marlene Street-Forrest (left) greets deputy MD of SOS, Allan McDaniel at the company's JSE listing in 2017. SOS Chairman David McDaniel and company secretary Marjorie McDaniel look on.

Stationery and Office Supplies (SOS) led gains up 9.4 per cent during Wednesday’s trading of the Jamaica Stock Exchange (JSE).

SOS traded as high as $9.50 on the day which was a year-to-date high before closing at $8.75 with 72,100 units trading. 

It was followed by Elite Diagnostics up 8.1 per cent to close at $3.31 and Lasco Manufacturing up 7.0 per cent to close at $3.58 and Derrimon Trading up 7.0 per cent to close at $2.74

Kingston Properties and Stanley Motta were the leading decliners down 11.8 per cent and 11.6 per cent respectively.

The JSE Combined Index declined by 972.25 points (0.24 per cent) to close at 409,416.96 and the JSE Index declined by 1,280.66 points (0.31 per cent) to close at 408,748.85.

The JSE All Jamaican Composite Index declined by 1,409.29 points (0.31 per cent) to close at 448,710.64. The Junior Market Index advanced by 18.73 points (0.61 per cent) to close at 3,089.22. The JSE USD Equities Index closed at 179.29. The JSE Financial Index declined by 0.03 points (0.03 per cent) to close at 104.22.

The overall Market activity resulted from trading in 63 stocks of which 29 advanced, 25 declined and 9 traded firm.

Market volume amounted to 6,487,743 units valued at over $383,722,565.44. NCB Financial was the volume leader with 1,552,249 units (23.93per cent)  followed by Panjam Investments with 931,268 units (14.35per cent) and Jamaica Broiler Group with 485,708 units (7.5 per cent).

 

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