AJI just 840 points from 210,000 – Thursday

The Jamaica Stock Exchange all Jamaica Composite Index jumped nearly 2,500 points in early trading on Thursday to sit less than 840 points from the 210,000 points level while the junior market rose above Wednesday’s record close as the market enjoy a strong finish to 2016.
Market activity resulted in 28 securities traded at 10:45 am, compared to 26 on Wednesday at 10:45 am. A total of 10 securities advanced and 6 declined, resulting in a volume of just 463,915 shares changing hands, carrying a value of $3,009,378, compared 721,003 shares changing hands, carrying a value of $1,962,803 on Wednesday. The average number of shares traded, amount to 16,568 units versus 27,731 units on Wednesday. The leading trades include Lasco Manufacturing with 200,000 units changing hands at $5 and Cable & Wireless has so far traded 150,000 units at 71 cents.
The all Jamaica Composite Index surged 2,311.10 points to a record 209,062.06, the Jamaica Stock Exchange Market Index jumped 2,066.54 points to an all-time high of 191,313.23, the Jamaica Stock Exchange combined index 1,983.88 points to a record high of 203,927.04 and the junior market index rose 6.57 to 2,580.12.