Trading activity on the Jamaica Stock Exchange increased sharply in August, even as the main market index edged slightly lower.
The JSE Main Market Index ended August at 373,456 points, down 0.15 per cent from July, but it remains up 17.44 per cent since the start of the year and 16.39 per cent over the last 12 months.
Trading value also surged during the month.
More than 1.07 billion shares were traded on the Main Market in August, with a total value of about J$13 billion. That compares with about 410 million shares, valued at $4.4 billion in July.
Among the biggest monthly gainers were Palace Amusement, Eppley, JMMB Group and Lasco Manufacturing. Palace Amusement recorded the largest percentage increase, with its share price rising nearly 64 per cent.
On the other hand, Sygnus Real Estate Finance, Innovative Energy Group and MPC Caribbean Clean Energy were among the biggest decliners during the month.
The Junior Market also ended August higher, with its index rising just under one per cent to 3,001 points.
However, the Junior Market remains down nearly 12 per cent since the start of the year.
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