AJI jumps 5,396 points to record 207,585 – Wednesday

Pan Jam Investment jumped $2.50 to a new high of $29.50 in trading on the Jamaica Stock Exchange, on Wednesday, after the market opened having been closed for the holidays and helped the main market indices to surge by 4,047 points on the all Jamaica Composite index at 10:45.
At 11:40 the strong> all Jamaica Composite Index surged by 5,395.82 points to 207,585.48, the Jamaica Stock Exchange Market Index jumped 4,824.83 points to an all-time high of 189,992.90, the Jamaica Stock Exchange combined index 4,426.36 points to a record high of 202,377.86 and the junior market index fell 4.65 to 2,548.52.
Market activity resulted in 26 securities traded at 10:45 am, compared to 20 on Friday at 10:45 am. A total of 9 securities advanced and 4 declined, resulting in a volume of 721,003 shares changing hands, carrying a value of $1,962,803, compared 272,207 shares changing hands, carrying a value of $4,538,567 on Friday. The average number of shares traded, amount to 27,731 units versus 13,610 units on Friday.
At 10:45, the all Jamaica Composite Index surged 4,047.12 points to a record 206,236.78, the Jamaica Stock Exchange Market Index jumped 3,618.86 points to an all-time high of 188,841.46, the Jamaica Stock Exchange combined index 3,321.81 points to a record high of 201,273.31 and the junior market index fell 3.31 to 2,549.86.