Junior market registers marginal increase

As at the end of December 2021, the Jamaica Stock Exchange (JSE) Main Market index fell 0.42 per cent from its value at the end of November 2021, while the Junior Market rose 1.79 per cent over the same period.

The JSE Main Market Index contracted by 1,675.06 points from 397,830.67 points to 396,155.61 points at the end of December 2021. The Junior Market index at the end of December 2021 was 3,428.30 points compared to 3,368.12 points recorded at the end of November 2021.

Notably, the Junior Market Index has continued its upward trend (29.69 per cent) returning to levels experienced in 2019, while the Main Market Index performance reflects a marginal improvement (0.14 per cent) for 2021.

BIGGEST WINNER FOR THE MONTH

As it relates to stock performances on the Main Market, 138 Student Living Jamaica Ltd was the big winner during the month with a 38.91 per cent appreciation in its share price, while 1834 Investments was the biggest loser on the Main Market for the month of December.

For the Junior Market, Main Event Entertainment Group was the biggest winner for the month with a reported 21.29 per cent increase in its share price.

On the global scene the markets have been increasingly alarmed by the persistence of inflation, supply shortages, high energy prices and new COVID-19 variant which brought about new restrictions.