the All Jamaican Composite Index has surged more than 6,310 points at 2 minutes past 11 am in the morning session on the Jamaica Stock Exchange on Friday to break through the 360,000 points level for the first time and is just 23 points short of the 361,000 mark.
NCB Financial had jumped earlier to a record $115 from a close of $113 on Thursday, to make the first big move on the index, but Caribbean cement climbed to $50 from $46.50 on Thursday and Sagicor Group rose from $38.05 to $39.75 modest volume and helped push sharply higher in early trading on Friday to reach another record high.
The All Jamaican Composite Index has jumped 6,310.05 2 to an intraday high 360,976.96 at 11.01 am and the JSE Index surged 5,749.17 points to a record 328,890.80. The Junior Market index rose 43.01 points to 3,260.59. Derrimon Trading had just over 1 million shares trading at $24.
Subsequently, to the above moves the main market all Jamaica Index just crossed over the 361,000 points mark but pulled back a bit to sit just below.
All Jamaica jumps to record 361,000 points
August 31, 2018 by
