The Jamaica Stock Exchange climbed sharply with 17 minutes of trading left with the All Jamaican Composite Index surging to just under 7,600 points from big resistance point of 400,000.
The All Jamaican Composite Index surging 7,293.20 points to a record 392,437.50 points and JSE Index surged 6,644.93 points to a record 357,554.95. The Junior Market rose 8.77 points to a record 3,431.49 and if it closes around this level would represent a record closing high for the market of emerging companies.
The rise in the main market is due to jump in the prices of Scotia Group trading at $64 and NCB Financial that traded at $123.
All Jamaica less than 8000 points from 400K
September 19, 2018 by
All Jamaica less than 9000 points from 400K
September 18, 2018 by
The Jamaica Stock Exchange climbed more than 5,000 points after 25 minutes of opening with the All Jamaican Composite Index surging to just under 9,000 points from big resistance point of 400,000.
By just 4 minutes after 10 am, the All Jamaican Composite Index surging 5,502.66 points to a record 391,34026 points and JSE Index surged 5,013.54 points to a record 356,555.23. The Junior Market rose 2.53 points to a record 3,405.01.
The rise in the main market is due to large movement in Jamaica Broilers that traded at a new record of $33, NCB Financial that traded at $121, PanJam Investment trading at $57 and Scotia Group trading at $62.
All Jamaica bolts to record 385,502
September 13, 2018 by
JSE breaks several records in trading on Thursday morning
The All Jamaica Composite Index jumped to a new record shortly after trading opened on now trades at 385,137.38 but jumped 6,732.02 points to a record 385,502.72 points at 10:54 am.
The JSE index climbed 6,133.64 points to a record 351,236.58 points as a number of main market stocks traded at record prices and others recorded sizable gains to help push the market higher. The market crossed through several new highs in the morning with the first being at 9.35 at 381,944.28, followed by a series of other highs. The Junior Market added 32 points to trade at 3,388.43 after one hours trading.
All Jamaica jumps 5,536 points
September 13, 2018 by
Record JSE points on Thursday morning.
The JSE market index climbed 5,043.95 points to a record 350,146.89 points as a number of main market stocks traded at record prices and others recorded sizable gains, to help push the main market higher. The market saw several new highs for the early morning session, with the first being at 9.35 am at 381,944.28, followed by 8 other highs. The Junior Market added 15.76 points to trade at 3,372.13 after one hours of the market opening. At 10.34 am, the main market slipped a bit to be at 383,775.68 on the All Jamaica Composite Index.
NCB pushes All Jamaica within touch of 380K
September 12, 2018 by
NCB stock jumped to $124 in early trading on Wednesday.
The main market of the Jamaica Stock Exchange traded at a new record territory on Wednesday morning a mere 3 minutes of opening passing and went on to yet a higher level at 5 minutes later while passing other records along the way to the recent high.
The All Jamaica Composite Index rose 3,015.46 points to 379,946.02 and the JSE Index gained 2,747.43 points to a record 346,173.52.
The Junior Market that slipped 33.18 points in earlier trading is now down just 4.45 to 3,364.67.
Sagicor Real Estate Fund traded the most share of just under 8.7 million units at $11.75. NCB Financial now trades at $122 with the bid at the last sale price.
All Jamaica trades at new intraday record
September 12, 2018 by
The main market of the Jamaica Stock Exchange traded at a new record territory on Wednesday morning within 3 minutes of opening and went on to yet a higher level at 5 minutes later.
The Main market which has slipped back slightly since to be at 377,639.34 for the All Jamaica Composite Index for a gain over Tuesday’s close of 376,930.26. The All Jamaica Composite Index traded with a gain of 1,728.19 points to 378,658.45 and then went on to 378,793.40. The JSE Index rose 1,574.58 points to a record 345,000.67 and then went further to 345,123.62 for a total gain of 1,697.53.
The Junior Market Index slipped 33.18 points to 3,335.94 Derrimon Trading pulled back to $2.75 from $3 and Paramount Trading fell to $2.60 from $2.75 from the close on Tuesday.
NCB pushes All Jamaica to intraday record
September 11, 2018 by
NCB stock jumped to $120 in early trading on Tuesday.
At this stage of trading it is unclear exactly where the indices are as NCB opened at $199.01, just seconds after the market opened, but that trade was cancelled as it was outside the 30 percent range permitted by the Exchange in a day. At the time of writing, the records have the All Jamaica Composite Index up 5,408.08 points to 378,261.05. The JSE Index surged 4,927.37 points to a record 344,638.58. The price for NCB Financial used to compute the index is $120.65 but that is just over $1.65 too high, as such the main market indices is about 1,500 points overstated but that would still mean that the indices would be trading at new record territory beating the previous high of 375,307.08 reached last week.
The Junior Market that hit a new closing high on Monday has retreated by 21.92 points to 3,370.66.
The Junior Market at record high
September 10, 2018 by
The Junior Market has now joined the main market in recording record close when it hit historical high on Monday, having gained 79.66 points to trade at a high of 3,391.67 points at 12.51 pm, the market index closed at 3,392.58 with a rise of 80.58.
The Junior market closed at 3,375.24 on May 24 last year. The major contributors to the big move are Derrimon Trading the trade at $399 compared to a close of $3.40 on Friday and Express Catering that traded at $8 after it fell during trading on Friday to the low $6.
The main market traded to close at new highs on Monday as NCB Financial traded at $120 and Jamaica Producers closed at $21.50. the main market climbed 3,393.54 on the All Jamaica Composite index to end at a record close of 372,852.97 points and the JSE Index is up 3,091.90 points to a record close of 339,711.21, with booth indices record the 7th straight closing record close.
All Jamaica jumps 9,684 points to new record
September 5, 2018 by
NCB stock jumped to a record $125 in early trading on Wednesday.
With just 40 minute after opening, the All Jamaica Composite Index jumped sharply by 9,684.42 points to a new record of 375,307.08, breaking the record of 372,546.73 reached within 40 minutes of the market’s opening. NCB Financial jumped to a record high of $125 to make a huge indent on the market. The JSE Index surged 8,823.60 points to a record 341,947.18, after it hit a high of 339,432.19 after the NCB jump.
The Junior Market added less than a point to 3,267.31 but Derrimon Trading that will trade x split with the approval of a 10 to 1 stock split is yet to trade.
All Jamaica jumps to 372,546 points
September 5, 2018 by
The main market of the Jamaica Stock Exchange climbed new shortly after trading opened on Wednesday, with the All Jamaican Composite Index surging over 366,792.29 points level but by after 13 minutes of trading it shot up 6,924.07 points to 372,546.73.
With less than a minute after opening the All Jamaica Composite Index rose 1,169.63 points to a new record of 365,792.29 within a minute of opening but that was before NCB Financial traded and jumped to a record high of $125. The JSE Index climbed 1,065.66 points to a record 334,189.24 initially and then to a higher high of 339,432.19 having added 6,308.61 after the NCB jump.
The Junior Market added less than a point to 3,267.31 but Derrimon Trading that will trade x split with the approval of a 10 to 1 stock split is yet to trade.