Palace Amusement stock up gains 21% on Tuesday Loop Jamaica

Black Immigrant Daily News

Cinema operator Palace Amusement led gains during Tuesday’s trading on the Jamaica Stock Exchange (JSE). The stock gained 21 per cent to close at $850.

It was followed by JMMB preference shares up 17 per cent to $1.89.

On the other hand, 138 Student Living dropped 26 per cent to $5.30; CAC 2000 lost 15 per cent to $7.39.

Also on the day, the JSE Index advanced by 622.71 points (0.17 per cent) to close at 359,769.47 points and the volume traded amounted to 14,621,048 valued at $121,702,731.09.

The Junior Market Index advanced by 9.03 points (0.22 per cent) to close at 4,170.15 points and the volume traded amounted to 26,003,630 valued at $71,056,137.84.

Meanwhile, JSE Combined Index advanced by 663.44 points (0.18 per cent) to close at 373,887.81 points and the volume traded amounted to 40,624,678 valued at $192,758,868.93. The JSE USD Equities Index declined by 10.38 points (4.85 per cent) to close at 203.76 points and the volume traded amounted to 1,000,947 valued at $41,599.37.

The JSE Financial Index declined by 0.04 points (0.05 per cent) to close at 85.52 points and the volume traded amounted to 9,027,064 valued at $91,201,364.88.

The JSE Manufacturing & Distribution Index advanced by 0.11 points (0.11 per cent) to close at 101.14 points and the volume traded amounted to 18,466,602 valued at $68,041,948.65.

Overall market activity resulted from trading in 113 stocks of which 43 advanced, 52 declined and 18 traded firm.

The JA$ Market Volume (excluding blocks) amounted to 40,624,678 units valued at $192,758,868.93. The US$ Market Volume (excluding blocks) amounted to 1,000,947 units valued at $41,599.37.

The following companies represent the overall volume leaders: – Derrimon Trading with 13,848,832 units (33.27per cent) Mayberry Investments with 6,554,435 units (15.75 per cent Mailpac Group with 3,631,869 units (8.73 per cent).

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