Market Bites

• Monday's trading session ended with more winners than losers with 60 stocks changing hands, of which 30 advanced, 19 declined and 11 held firm.

 

• All the indices advanced, with the junior market leading the way with a growth of 0.84%.

 

• Trading was dominated by Fontana Limited with 2.4Mn units traded (36.49%), followed by Barita Investments Limited with 1.11Mn units (16.87%) and WISYNCO with 628,630 units (9.53%). Total market volume amounted to 6.59Mn units valued at $116.42Mn.

 

• The top two advancers for the day were Blue Power, which grew by +21.60% to close at $6.08, followed by Paramount Trading Jamaica Limited which grew by +17.07% to close at $2.40. The top losers on the day were GWEST Corporation which declined by -18.75% to close at $1.17 and Pulse Investments which declined by -15.09% to close at $2.70.

 

(Source: JSE, NCBCM Research)