A number of stocks made double-digit gains during Monday’s trading on the Jamaica Stock Exchange.
The top gaining stocks were loss-makers as investors continue to move up these thinly traded stocks by adding higher than usual volumes.
These include GWest Corporation which gained 21 per cent to $0.91, Everything Fresh which gained 20 per cent to $1.22, SSL Venture Capital up 18 per cent to $0.67.
Profitable companies which made strong gains included Portland JSX up 18 per cent to $8.50, Indies Pharma up 13 per cent to $3.36, Key Insurance up 12 per cent to $4.74, Caribbean Cement which gained 12 per cent to $71, AMG Packaging and Paper which gained 10 per cent to $1.80, and GraceKennedy which gained 9.7 per cent to $90.
Productive Business Solutions (PBS) and FosRich Group led double-digit gains on Friday’s trading of the Jamaica Stock Exchange.
FosRich gained 17 per cent to close at $5.11. It was followed by PBS which gained 15 per cent to close at US$0.91. Everything Fresh gained 13 per cent to $1.02.
The JSE Combined Index advanced by 1,962.46 points (0.50 per cent) to close at 394,384.78.
The JSE Index advanced by 2,126.52 points (0.54 per cent) to close at 394,528.81.
The Junior Market Index advanced by 0.87 points (0.03 per cent) to close at 2,920.35; the JSE USD Equities Index advanced by 5.55 points (2.84 per cent) to close at 200.72; the JSE Financial Index advanced by 0.78 points (0.78 per cent) to close at 100.72 and the JSE Manufacturing & Distribution Index advanced by 0.02 points (0.02 per cent) to close at 89.20.
Five companies made 10 per cent or more during Monday’s trading on the Jamaica Stock Exchange (JSE).
CAC2000 gained 15 per cent, tTech gained 14 per cent, Cibony gaine
The value of Ciboney Group jumped by one-third to lead gains during Tuesday’s trading of the Jamaica Stock Exchange (JSE).
Ciboney gained 32 per cent to close at $0.81
Ciboney was the only stock to hit double-digit levels during Tuesday’s trading on the Jamaica Stock Exchange (JSE).
Ciboney gained 17 per cent on the day to close at $