All Jamaica index breaks 150,000 mark

The Jamaica stock market is off to a flying start on Tuesday morning with the All Jamaican Composite index jumping 1,334.74 points to cross over the 150,000 point level for the first time and sits at 151,265.98 the JSE Market Index gained 1,194.34 points to 136,288.15 the JSE combined index climbed 1,329.92 points to be at 142,847.27 and the junior market index rose 22.65 points to its highest level of 1,586.96.
The number of securities trading climbed sharply to 34 securities changing hands with a volume of 9,183,062 units as 19 stocks gained and 3 declined after 90 minutes of trading.
Notable trades took place in Cable and Wireless, the stock traded 6,553,797 units up to $1.40 but last traded at $1.35, Carreras ended with 768,164 units trading at $55.18, Lasco Distributors has traded 367,050 units currently at $4.07, Lasco Financial Services traded at a new record high of $3.40 with 219,943 units but now trades at $3.20, Lasco Manufacturing has so far traded 100,000 shares at $3.95, Proven Investments traded 434,000 shares at 22.97 US cents.