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Lumber Depot, a top advancing stock for 2021, suffered one of its biggest daily dives during Tuesday’s trading on the Jamaica Stock Exchange (JSE).
The stock declined 18 per cent to $2.77 with a whopping 9.6 million units trading.
It was also the heaviest traded stock on the day. The trade signals that a large holder of the stock has taken profit. After all, the stock traded at a low of $0.95 and a high of $3.70 over 52 weeks.
The top advancing stock for the day was TransJamaican Highway up 22 per cent to close at US$0.01, it was followed by CAC 2000 Limited up 15 per cent to $10.92.
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The share price of Stationery and Office Supplies (SOS) jumped one-quarter higher on Thursday to lead trading gains on the Jamaica Stock Exchange (JSE).
The stock now trades at $7.54 or its highest level since the pandemic fallout in late March 2020.
It came with a fair degree of volume with 24,900 units trading and gained 26 per cent in price on the day.
Other gainers were Sterling Investment up 15 per cent to US$0.02, Lumber Depot up 11 per cent to $3.07 and Blue Power Group up 12 per cent to $3.88.
The top decliners were JMMB preference shares, down 15 per cent to $1.27, Jamaican Teas down nine per cent to $3.57 and Medical Disposables and Supplies down seven per cent to $4.25.