The Jamaica Stock Exchange closed the week with the all Jamaica Composite Index gaining 1,248.18 and 3,149 points, for November to date, as the local market seems to be conforming to a late year end rally, that has been evident for several years, in the Jamaica stock market.
The chart shows a clear pattern of the market going up between late October and the end of December in 2012 and 2013 with the market again showing signs of conforming once more, in 2014. Technical indicators for the market, points to a continuation of the recent move, strongly suggesting that the gains could continue well into 2015.
Year end rally in play on JSE
November 21, 2014 by
