Scotia Group jumped to $32.89 from $30.70 with 564,857 shares helped push the All Jamaica composite by nearly 2,500 points in early Friday morning on the Jamaica Stock Exchange. At the same time Blue Power traded 3,881 shares at a new 52 weeks’ high of $16, to gain $1. Activity picked up on the first trading day for July with five company’s stocks trading over 100,000 units and one over 90,000 shares.
After 75 minutes of trading in the early morning session, on Friday, Caribbean Cream traded 96,989 units bat $5.50., Lasco Manufacturing had 193,204 shares trading at $5, Margaritaville Turks traded 150,000 units at 19 US cents, Supreme Ventures traded 300,000 shares at $4.54 and tTech had 746,761 shares trading at $4.50.
Trading resulted in activity in 28 securities, accounting for a volume of 2,175,463 shares compared to as 14 stocks gained and 5 declined. The average number of shares traded amounts to 77,695 units compared to an average of 71,299 units on Thursday.
The all Jamaica Composite Index jumped 2,431.09 points to 179,885.32, the Jamaica Stock Exchange Market Index surged 2,173.75 points to 161,891.19, the Jamaica Stock Exchange combined index climbed 1,823.55 to close at 172,630.57 points andthe junior market index rose 0.27 points to 2,214.16.
All Jamaica jumps 2,500 points
July 1, 2016 by
