The Jamaica Stock Exchange surged sharply in early trading on Tuesday, with the All Jamaican Composite Index jumping 6,070.62 to an intraday high 356,437.50, after just 17 minutes of trading.
At the same time, the JSE Index jumped 5,531.02 points to a record 324,754.83. Strong gains by Kingston Wharves that traded at $61 up from $53 when it traded previously, NCB Financial that rose by $1 and and Seprod that jumped from $45 to $50 were the main contributors to the gain.
The Junior Market index is showing a huge increase of 557.73 points to 3,797.07 is caused by Blue Power having split into 10 units with the adjusted price being $4.70 but trades were attempted at $47 thus distorting the index. Those trades will be cancelled at the close of the day.
All Jamaica jumps 6,070 points to record 356,437
August 28, 2018 by
