Thursday 21 November, 2019

Sygnus Credit led gains during Wednesday's trading

Sygnus founding members from left to right: Ike Johnson, Berisford Grey and Jason Morris.

Sygnus founding members from left to right: Ike Johnson, Berisford Grey and Jason Morris.

Sygnus Credit and Honey Bun led gains during Wednesday's trading on the Jamaica Stock Exchange (JSE).

The overall Market activity resulted from trading in 51 stocks of which 23 advanced, 21 declined and 7 traded firm.

Sygnus Credit gained 13 per cent to close at US$0.10 followed by Honey Bun which gained 10 per cent to close at $4.13. Honey Bun currently trades at half its peak two years ago in May 2017 at $7.95.

While Fosrich led declines down 11.5 per cent to close at $3.90.

The JSE Combined Index declined by 676.93 points ( 0.17 per cent) to close at 390,135.31. The JSE Index declined by 864.60 points ( 0.22 per cent) to close at 389,239.67.


The JSE All Jamaican Composite Index declined by 951.43 points ( 0.22 per cent) to close at 427,239.97 and the JSE Select Index declined by 45.76 points ( 0.47 per cent) to close at 9,777.26.


The JSE Cross Listed Index closed at 100.46, while the Junior Market Index advanced by 10.77 points ( 0.36 per cent) to close at 2,965.51.

The JSE USD Equities Index advanced by 1.22 points ( 0.68 per cent) to close at 179.53 and the JSE Financial Index declined by 0.49 points ( 0.49 per cent) to close at 99.69.

Market volume amounted to 2,386,219 units valued at over $46.6 million. Indies Pharma Jamaica limited ordinary shares was the volume leader with 329,659 units (13.82per cent) followed by Wisynco Group with 307,966 units (12.91per cent) and Grace Kennedy with 261,323 units (10.95per cent) .

 

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