Apr 2004 Financial News

Jamaica Stock Market Rebounds

Apr 15, 2004

Stocks in Jamaica rebounded slightly following a 4.3% drop in the Composite Index on Tuesday. Grace Kennedy which on Tuesday fell to below the price on the TTSE of $8.61 moved up to close at the TT$ equivalent of $8.72. NCBJ and CCMB also moved back up to close at the TT$ equivalent of $2.56 and $1.18 respectively.

No volumes were traded on GHL and RBTT so the price differencials between the JSE and the TTSE were maintained on both shares. GHL and RBTT currently trades at the TT$ equivalent of $51.37 and $56.39 respectively.