The market rewarded investors who held shares in companies that sell bread, movies and bonds.
Palace Amusement, Sterling Investments and Consolidated Bakeries led double-digit gains during Thursday’s trading of the Jamaica Stock Exchange.
Consolidated Bakeries which manufactures the Purity and Miss Birdie brands of bread and snacks gained 20 per cent to $1.38; Palace which operates a theatre chain gained 15 per cent to close at $1.296 and Sterling which focuses on US bond investments gained 16 per cent to close at US$0.02.
The top declining stock was The Lab, which operates an advertising and film production agency, down 13 per cent to $2.58.
The JSE Combined Index advanced by 545.81 points (0.14 per cent) to close at 391,854.57; the JSE Index advanced by 425.29 points (0.11 per cent) to close at 394,786.75 and the JSE All Jamaican Composite Index advanced by 626.97 points (0.15 per cent) to close at 432,827.48.
Five stocks made double-digit fluctuations during Tuesday’s trading on the Jamaica Stock Exchange (JSE).
Three of the five made gains led by tTech up 15 per cent to close at $4.90; 138 Student Living increased 14 per cent to $6.70; Eppley Limited gained 11 per cent to $27.99; Caribbean Flavours and Fragrances up nine per cent to $1.70; Access Financial increased 8.3 per cent to $22.36; JMMB Group preference shares increased 7.0 per cent to $1.60 and Salada Foods increased five per cent to $30.
On the losing side, Ciboney Group declined by 26 per cent to close at $0.17, followed by Eppley Caribbean Property Fund, down 16.4 per cent, and SSL Venture Capital down 11 per cent to $0.50.