3 new record close on Friday

The JSE Main Index recorded an all-time high at the close of Friday on the Jamaica Stock Exchange of 120,592.56 points, the first time since April 26, 2005 with the then all-time high of 120,385.49 points. The newer JSE Combined Index and the JSE Select Index also recorded all-time highs at 125,132.75 points and 4,024.14 points respectively at the markets close on Friday.
The JSE Select Index enjoyed the record high from as far back as January 24, 2005, with a close of 3,714.71, the same day as the all Jamaica Composite Index. The junior market ended at a new closing record high of 1,262.69 on Friday but traded just over the 1,300 points level during trading on Tuesday October 13, to have hit the highest point in the history of that market.
In the process of scaling the new highs the JSE Select Index has gained 81 percent for the year to date and the JSE main Index put on 58 in 2015 to date. The junior market is up by 84 percent for this year has scaled a number of records this year on its way to today’s record close.
This now leaves the All Jamaican Composite index to scale the record high of 138,917.59 reached on 24th of January 2005 which is just over 5,000 points away. The market could face some resistance around 150,000 points on the all Jamaica composite Index.