Mailpac kicks off new trading week at $3.64 | Loop Jamaica

The content originally appeared on: Jamaica News | Loop News

Mailpac Group led gains to close the final trades of the week on the Jamaica Stock Exchange (JSE).

Mailpac gained 19 per cent on Friday to close at $3.64. It was followed by Jetcon Corporation up 18 per cent to $1.12 and Express Catering gained 14.5 per cent to $5.91.

The top declining stocks were PBS ordinary shares down 12 per cent to $1.04 and Paramount Trading down 11 per cent to $1.56.

The JSE Index advanced by 2,067.22 points ( 0.54 per cent) to close at 386,263.96; the Junior Market Index advanced by 101.72 points ( 2.48 per cent) to close at 4,205.78 and the JSE Combined Index advanced by 2,838.62 points ( 0.72 per cent) to close at 398,973.76.

On the other hand, the JSE USD Equities Index declined by 8.82 points ( 4.11 per cent) to close at 205.63 as well as the JSE Cross Listed Index, which declined by 0.25 points ( 0.37 per cent) to close at 67.22.

The JSE Financial Index advanced by 0.55 points ( 0.59 per cent) to close at 93.51 and the JSE Manufacturing & Distribution Index advanced by 0.30 points ( 0.28 per cent) to close at 107.88.

Overall Market activity resulted from trading in 110 stocks of which 54 advanced, 32 declined and 24 traded firm.

Market volume amounted to 45,142,061 units valued at over $285,908,175.17. Wigton was the volume leader with 10,507,567 units (23.28 per cent) followed by Mailpac with 10,175,577 units (22.54 per cent) and Transjamaican Highway with 4,309,161 units (9.55 per cent) .