A number of stocks jumped more than 10 per cent on Wednesday led by Access Financial Limited.
The microfinance company which trades on the market as AFS gained 16 per cent to close at $22.16.
It was followed by Cargo Handlers up 15 per cent to close at $8.70; Consolidated Bakeries up 15 per cent to $1.54; Transjamaican Highway US dollar shares up 14 per cent to $0.01 and JMMB Preference shares up 10 per cent to $1.60.
The stock to watch on Thursday is Caribbean Cream, the ice cream maker of the Kremi brand. The stock jumped five per cent on Wednesday to close at $5.51. Buyers rushed to acquire most of the shares on offer from sellers. The few sellers remaining in the queue want nothing less than $12 a share.
SOS, Student Living and Indies Pharma record gains on Monday
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Blue Power gains 15% during Tuesday s trading
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SSL Ventures, Dolphin Cove, Eppley and Blue Power Group led double-digit gains during Monday’s trading on the Jamaica Stock Exchange (JSE).
SSL Ventures gained 18 per cent to $0.59, Dolphin Cove gained 16 per cent to close at $10.67, Eppley preference shares gained 16 per cent to $7.00, and Blue Power group gained 13 per cent to $3.28.
Leading declines were KLE Group and Consolidated Bakeries down by 15 per cent and 10 per cent respectively.
The JSE Combined Index declined by 451.19 points (0.12 per cent) to close at 390,600 points.
The JSE Index declined by 720.19 points (0.18 per cent) to close at 393,361.05. The JSE Main Jamaican Composite Index declined by 798.73 points (0.18 per cent) to close at 431,249.12. The Junior Market Index advanced by 19.88 points (0.75 per cent) to close at 2,665.33. The JSE USD Equities Index declined by 0.74 points (0.38 per cent) to close at 192.87. The JSE Financial Index declined by 0.17 points (0.17 per cent) to close at 102.20. The JSE M
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.