US and preference shares feature in market’s sideways movement Loop Jamaica

The content originally appeared on: Jamaica News Loop News
Loop News

5 hrs ago – Updated

NEWYou can now listen to Loop News articles!

The market moved sideways on Tuesday with most of the top movers being US or preference shares.

Sygnus Credit US dollar shares gained 21 per cent to close at US$0.109, followed by Ciboney up 12 per cent to $1.54 and TransJamaican Highway preference shares up 11 per cent to $1.64.

On the other hand, the top decliners were 138 Student Living down 15 per cent to $84.98, Productive Business Solutions preference shares down 15 per cent to $935.27, and Eppley preference shares down 15 per cent to US$17.02.

The JSE Combined Index advanced by 64.95 points (0.02 per cent) to close at 340,412.03 points and the volume traded amounted to 23.4 million units valued at $71.4 million.

The JSE Main Index advanced by 653.62 points (0.20 per cent) to close at 326,741.46 points and the volume traded amounted to 16.4 million valued at $55 million.

The Junior Market Index declined by 59.53 points (1.51 per cent) to close at 3,882.49 points and the volume traded amounted to 7.0 million units valued at $16.4 million.

Overall market activity resulted from trading in 116 stocks of which 47 advanced, 49 declined and 20 traded firm.

Related Articles

More From