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Lumber Depot, a top advancing stock for 2021, suffered one of its biggest daily dives during Tuesday’s trading on the Jamaica Stock Exchange (JSE).
The stock declined 18 per cent to $2.77 with a whopping 9.6 million units trading.
It was also the heaviest traded stock on the day. The trade signals that a large holder of the stock has taken profit. After all, the stock traded at a low of $0.95 and a high of $3.70 over 52 weeks.
The top advancing stock for the day was TransJamaican Highway up 22 per cent to close at US$0.01, it was followed by CAC 2000 Limited up 15 per cent to $10.92.
Jamaica Stock Exchange summary for week of July 26 – 30 jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.