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Stabroek News

JSE trades $209 million over four days
published: Friday | August 18, 2006

The main JSE Index recorded its fourth straight day of decline yesterday in a week characterised by thin trading volumes.

At the close of business yesterday, the Index dipped to 81,993.78 points, a decline of 278.39 points, or 0.33 per cent. On Wednesday, the index lost 408.36 points, or 0.49 per cent.

However, while the main index continued to tumble, there were some upward movements in the All Jamaican Composite Index and the Jamaica Select Index.

On Wednesday, for example, reversing two straight days of decline, the All Jamaica Composite Index gained 32.77 points to close at 78,454.15 points, a 0.04 per cent increase.

The Jamaica Select Index, which recorded a 0.07 per cent increase, advanced by 1.56 points to close at 2,173.48 points.

By Thursday, however, the upward tick was reversed as both indices joined the main JSE Index in recording a decline.

The All Jamaica Composite, for example, lost 59 points (or 0.07 per cent), to close 78,395.14 points while the Jamaica Select Index declined by 3.47 points (0.15 per cent), to close at 2,170.01 points.

Over the past four days the index has seen some 59 million units, with a total value of over $209 million, traded across the floor.

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