Returns from equities continue to outpace other local investment options. And year to date, stock market activity is outpacing 2016 both in volume and value of trades.

Up to the end of May, the value of trades was in the region of $14 billion, compared to some $8.7 billion for the same period in 2016.

Volumes have topped one billion units traded compared to 837.3 million units for the first five months of 2016.

The market’s bull has pushed stock market wealth to record highs at just above $1 trillion, spanning both the Jamaican and USD platforms, according to the Jamaica Stock Exchange (JSE) market report on Friday’s performance of the combined indices.

The Bank of Jamaica, in its latest Quarterly Monetary Policy Report, said that up to March, investments in equities continued to provide greater returns relative to foreign currency and domestic money market investments.

Equities offered an annual average return of 46.3 per cent.

http://jamaica-gleaner.com/article/business/20170604/stock-market-wealth-hits-1-trillion-mark-equities-still-ahead-other#.WTVDHNbtltU.email