Small capitalized stocks bounced higher during Monday’s trading session on the Jamaica Stock Exchange.
The activity led the small-cap stocks to rise 1.6 per cent on the day compared to large-cap stocks which inched up one-tenth of the levels of the junior market.
The small-cap big gainers were CAC2000 Ltd up 25 per cent to $10.00; Access Financial up 16 per cent to close at $23.92; Community and Workers Jamaica Credit Union shares up 13 per cent to $1.85 and Lasco Financial increased 12 per cent to $2.76. T
The day’s biggest declining stock was Salada Foods, a main market stock down 17 per cent to $23.71.
The JSE Combined Index advanced by 818.50 points (0.21 per cent) to close at 389,313.50. The JSE Index advanced by 402.18 points (0.10 per cent) to close at 392,304.01. The JSE All Jamaican Composite Index advanced by 379.52 points (0.09 per cent) to close at 429,860.21. The Junior Market Index advanced by 42.05 points (1.62 per cent) to close at 2,636.45. The JSE USD Equiti
Investors sold some stocks lower on Tuesday towards COVID-19 lows on the Jamaica Stock Exchange (JSE).
138 Student Living preference shares dipped 32 per cent to close at $4.65. It was followed by ISP Finance which dipped 25 per cent to close at $17.34 and Salada Foods shares which declined 12 per cent to $23.01.
138 preference shares are down to year to date lows and far from one-year highs of $7.91. Meanwhile, ISP Finance shares are trading closer to one-year lows of $12 than highs of $19.50. Salada shares are far from 52-week highs of $37.50 and closer towards lows of $20.
The stocks which gained the most on the day were Eppley preference shares, up 22.5 per cent to close at $7.52, followed by Kingston Properties up 17 per cent to close at $7.25.