Friday 23 August, 2019

Barita stock hits new high

Barita's executive team at a corporate event on Tuesday. (Photo: Marlon Reid)

Barita's executive team at a corporate event on Tuesday. (Photo: Marlon Reid)

Barita Investments led gains during Thursday’s trading of the Jamaica Stock Exchange (JSE) up 25 per cent.

The stock closed at $67.21 with the sellers asking for $74 at a minimum. Over 16,600 units traded hands for Barita stock resulting in it trading up to a new all-time high following the release of stellar results.

Eppley gained 19 per cent to close at $15.50. CAC preference shares declined 13 per cent to $1.00.

The JSE Combined Index advanced by 1,921.78 points (0.40 per cent) to close at 477,432.08, and the JSE Index advanced by 2,086.63 points (0.43 per cent) to close at 482,999.58.

The JSE All Jamaican Composite Index advanced by 2,296.18 points (0.43 per cent) to close at 530,417.87, while the JSE Select Index declined by 46.26 points (0.37 per cent) to close at 12,349.42.

The JSE Cross Listed Index closed at 100.08 and the Junior Market Index advanced by 0.32 points (0.01 per cent) to close at 3,066.79.

The JSE USD Equities Index advanced by 0.34 points (0.18 per cent) to close at 187.49 and the JSE Financial Index advanced by 0.52 points (0.40 per cent) to close at 129.53.

The overall market activity resulted from trading in 64 stocks of which 32 advanced, 20 declined and 12 traded firm.

Market volume amounted to 47,555,620 units valued at over $650 million. Wigton Windfarm was the volume leader with 27,445,277 units (57.71per cent) followed by Sagicor Group Jamaica with 8,078,497 units (17 per cent) and Derrimon Trading 5,380,504 units (11.3 per cent ).
 

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