All Jamaica climbs to 199,889

The Jamaica Stock Exchange All Jamaica Composite index rose but has so far failed to pass the 200,000 points landmark in early Tuesday morning trading, sitting just 111 points away. The junior market lags below the performance of the main market with a moderate increase in early trading.
Contributing to the rise in the index are gains in Caribbean Cement that is up 50 cents to $32.50, Jamaica Producers, traded 4,000 shares at $9 up 70 cents and Seprod climbed $1 to $28. Cable & Wireless traded 563,477 shares at 80 cents, Supreme Ventures had 123,195 units trading at $4.71, JMMB Group 7.50% traded 972,825 units at $1.08.
Trading in the rest of the market was moderate with a total of 24 securities traded compared to 25 on at 11 o’clock on Monday. At 10:30 am 7 stocks advanced and 7 fell, resulting in a volume of 1,808,925 shares changing hands carrying a value of just $4,734,890, compared with 387,831 shares changing hands carrying a value of $5,004,074, on Monday. The average number of shares traded, amount to 75,372 units versus mere 18,468 units on Monday.
At 10:30 the all Jamaica Composite Index jumped 804.45 points to 199,864.37 the Jamaica Stock Exchange Market Index climbed 719.32 points to 182,776.40, the Jamaica Stock Exchange combined index garnered 699.87 points to close at 194,538.17 and the junior market index rose 3.19 points to end at 2,436.85.