Business
JAM | Aug 25, 2021

FESCO stock price surges 205% since April listing

/ Our Today

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Retail petroleum chain, Future Energy Source (FESCO) stock price has surged by 205 per cent since its April listing this year on the Jamaica Stock Exchange.

For a third consecutive trading day, the Junior Market ended yesterday (August 24) with FESCO as the volume leader, accounting for 74 per cent of volume traded. Some 4.9 million share exchange hands.

The day before, on Monday, some 128 million FESCO shares traded as the stock closed yesterday at a new high of $2.44, up 205 per cent. A total of 32 securities traded on Tuesday, down from 39 on Monday, and ended with 15 rising, 11 declining and six unchanged.

Three stocks ended with bids higher than their last selling prices and four with lower offers.

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