All Jamaica index breaks 341,000

The Jamaica Stock Exchange All Jamaica Composite Index made another record run and hit 341,378.20  after rising 2,697 points as NCB Financial traded at $102.
Investors were responding to the third quarter results to June, showing net profit attributable to stockholders of $20.7 billion, an increase of 40% or $5.9 billion over the prior year’s nine months to June. The group recorded $4.4 billion in one off gains from the acquisition of the majority shares in Clarien bank in Bermuda.
The previous high was reached during trading in the morning sessions oon friday July 20 when the market surged to a then new record high of 340,893.72 points on the all Jamaica Index while the JSE index rose to a record high of 310,624.04 but then closed down at the close.

About IC