The Jamaica Stock Exchange All Jamaica Composite index jumped by more than 1,000 points by 10 o’clock to exceed the 201,500 points mark for the second day in a row in a moderate trading session so far. The junior market just barely slipped from the opening level, easing less than one percent.
Market activity resulted in 11 securities being traded up to 10 c’clock, compared to 29 on at Wednesday at 10.55 am. AT 10 am on Thursday, 6 stocks advanced and 5 fell, resulting in a volume of just 732,375 shares changing hands carrying a value of $3,927,867, compared with 939,255 shares changing hands and carrying a value of $9,669,822, on Wednesday. The average number of shares traded, amount to 66,580 units versus a mere 32,388 units on Wednesday.
The all Jamaica Composite Index jumped 1,118.15 points to reach 201,536.95 the Jamaica Stock Exchange Market Index climbed 999.82 points to 184,271.98, the Jamaica Stock Exchange combined index garnered 926.74 points to close at 196,028.45 and the junior market index slipped 0.05 points to end at 2,446.91.
All Jamaica jumps above 201,500 in early trading
All Jamaica settles above 200,000
The Jamaica Stock Exchange All Jamaica Composite index jumped by more than 2,663 points by 10 o’clock to exceed the 201,000 points mark for the first time. The index fell back to sit just above the 200,000 market with Sagicor Group falling from an opening high of $27 to $25.81 but Caribbean Cement climbed to $36 and along with a rise in the prices of Grace Kennedy and Scotia Group provided support.
The major contributors to the volume traded are Jamaica Producers, traded 204,882 shares at $8.72 up 70 cents, Cable & Wireless traded 183,500 shares at 80 cents, Jamaica Broilers with 203,291 shares trading at $15 and Radio Jamaica with 100,000 units at $1.40.
Market activity resulted in of 29 securities being traded compared to 24 on at Tuesday. At 10:55am 12 stocks advanced and 8 fell, resulting in a volume of 939,255 shares changing hands carrying a value of $9,669,822, compared with 1,808,925 shares changing hands carrying a value of $4,734,890, on Tuesday. The average number of shares traded, amount to 32,388 units versus mere 75,372 units on Tuesday.
The all Jamaica Composite Index jumped 1,525.20 points to 200,553.69 the Jamaica Stock Exchange Market Index climbed 1,363.82 points to 183,392.78, the Jamaica Stock Exchange combined index garnered 924.99 points to close at 194,954.47 and the junior market index dropped 33.06 points to end at 2,421.74.
All Jamaica climbs to 199,889
The Jamaica Stock Exchange All Jamaica Composite index rose but has so far failed to pass the 200,000 points landmark in early Tuesday morning trading, sitting just 111 points away. The junior market lags below the performance of the main market with a moderate increase in early trading.
Contributing to the rise in the index are gains in Caribbean Cement that is up 50 cents to $32.50, Jamaica 
Producers, traded 4,000 shares at $9 up 70 cents and Seprod climbed $1 to $28. Cable & Wireless traded 563,477 shares at 80 cents, Supreme Ventures had 123,195 units trading at $4.71, JMMB Group 7.50% traded 972,825 units at $1.08.
Trading in the rest of the market was moderate with a total of 24 securities traded compared to 25 on at 11 o’clock on Monday. At 10:30 am 7 stocks advanced and 7 fell, resulting in a volume of 1,808,925 shares changing hands carrying a value of just $4,734,890, compared with 387,831 shares changing hands carrying a value of $5,004,074, on Monday. The average number of shares traded, amount to 75,372 units versus mere 18,468 units on Monday.
At 10:30 the all Jamaica Composite Index jumped 804.45 points to 199,864.37 the Jamaica Stock Exchange Market Index climbed 719.32 points to 182,776.40, the Jamaica Stock Exchange combined index garnered 699.87 points to close at 194,538.17 and the junior market index rose 3.19 points to end at 2,436.85.
Record high of 198,821 for JSE
Stocks on the main market of the Jamaica Stock Exchange hit new all-time high in early morning trading with the All Jamaica Composite Index sitting 1,180 points away from the 200,000 points while the JSE market index sits at 181,843.
The junior market lags well below the performance of the main market with a moderate increase. Contributing to the 
steep rise in the index are strong gains in Caribbean Cement that is up $1.50 to $29.50, JMMB Group up to $14, National Commercial bank to $29.99 and Scotia Group with an average of $34.66.
Trading in the rest of the market was moderate with a total of 25 securities traded. 10 stocks advanced and 3 fell, resulting in a volume of only 387,831 shares changing hands carrying a value of just $5,004,074, compared with 1,279,786 shares changing hands carrying a value of a $31,954,967 on Friday. The average number of shares traded, amount to a mere 18,468 units versus 51,191 units on Friday.
At 11 am the all Jamaica Composite Index jumped 2,250.08 points to 198,821.16 the Jamaica Stock Exchange Market Index climbed 2,011.97 points to 181,843.58, the Jamaica Stock Exchange combined index surged 2,063.87 points to close at 193,737.78 and the junior market index dipped 19.28 points to end at 2,443.15.
280,000 points for All Jamaica
The main market of the stock exchange has been closing at new highs on several occasions since November, with the latest being Friday December 2. At the same time, the junior which closed at a new high of 2,482.44 on November 7, is struggling since but with gains of 35 percent year to date.
For many years, December has been a period when the main market delivers major gains. This seems to be happening since the start of November and is supported by technical indicators that point to an initial run to 210,000 points on the all Jamaica Composite index and then to 240,000 points, with minimum resistance before facing a big resistance around the 260,000 points mark. (see Chart).
The main market broke through resistance at just under 190,000 points, where it was wedged in by a resistance line going back to the 2005 high, and the high in the early months, this year, preventing it from moving higher before. 
The market is again in another wedge but that should be easily broken, with breakout not far off.
The junior market on the other hand is trading in a channel between 2,480 on the low and 2,600 points on the high and may take some time to break out, as it seems to be more inclined to trade closer to the lower end, with several of the stocks selling above 10 times current year earnings.
PE ratio on average is around 10 for the main market and 12 for the juniors, but a number are selling well over this level with some as high as 20 times 2016 earnings. Supply has been declining for the vast majority of stocks and many investors don’t seem to be aware of this.
10 stocks in the junior market are selling in excess of the average and 13 in the main market.
Scotia Hits $35 in early trading
Scotia Group jumped to $35 with 868,827 units with 855,000 shares traded at $33, at the start of the trading session, its subsidiary Scotia Investments, traded with a gain of $3.50 to $32, with 61,417 units changing hands, 
while Lasco Financial traded 218,250 units at $3.15.
Trading in the rest of the market was moderate, with a total of 25 securities traded. 11 stocks advanced and 7 fell, resulting in a volume of 1,279,786 shares changing hands, carrying a value of a $31,954,967 compared with 2,917,036 shares changing hands carrying a value of a $16,055,511 on Thursday. The average number of shares traded, amount to 51,191 units versus 138,906 units on Thursday.
At 10:45 am the all Jamaica Composite Index jumped 791.94 points to 196,689.08 the Jamaica Stock Exchange Market Index climbed 708.14 points to 179,937.12, the Jamaica Stock Exchange combined index gained 479.40 points to close at 191,359.97 and the junior market index dipped 17.26 points to end at 2,383.79.
Final month of 2016 starts big for JSE
Stocks are off to a flying start to the final month of 2016 with the Jamaica Stock Exchange main market all Jamaican Composite Index rising by nearly 1,000 points but the junior market fell. With the exception of Lasco Manufacturing, trading was moderate.
The main trade after more than an hour of the market’s opening was Lasco Manufacturing trading 2,725,7698 shares at $4.55 to be the only stock to have had a meaningful volume traded.
A total of 21 securities traded of which 6 advanced and 9 fell, resulting in a volume of 2,917,036 shares changing hands carrying a value of a $16,055,511 compared with 2,741,520 shares changing hands with a value of $49,745,268 on Wednesday. The average number of shares traded, amount to 138,906 units versus 94,535 units on Wednesday.
At 10:50 am the all Jamaica Composite Index jumped 998.08 points to 196,260.84 the Jamaica Stock Exchange Market Index climbed 892.47 points to 179,554.20, the Jamaica Stock Exchange combined index gained 455.18 points to close at 191,098.21 and the junior market index dipped 36.25 points to end at 2,392.88.
Trading jumps for Jamaican stocks
Stocks levels surged in early trading on the Jamaica Stock Exchange, resulting in the main market indices continuing to climb while junior market index moved up marginally in early Wednesday trading.
A total of 29 securities traded of which 13 advanced and 7 fell, resulting in a volume of 2,741,520 shares changing hands carrying a value of a $49,745,268 compared with just 158,064 shares changing hands with a value of $1,132,861 on Tuesday.
The average number of shares traded, amount to 94,535 units versus 7,185 units on Tuesday.
At 10:45 am the all Jamaica Composite Index jumped 924.41 points to 195,809.85 the Jamaica Stock Exchange Market Index climbed 826.59 points to 179,150.93, the Jamaica Stock Exchange combined index gained 971.88 points to close at 191,141.50 and the junior market index gained 19.98 points to end at 2,433.49.
The main trades after more than an hour of the markets opening are Berger Paints with 105,236 units at $5.60, Ciboney with 140,000 shares at 17 cents, Jamaica Producers, 201,061 shares at $8.30, Jamaica Stock Exchange 48,338 units at $5.52, Scotia Group with 1,357,799 shares at $32, Proven Investments 373,700 shares at 18.55 US cents, Jetcon Corporation 112,207 shares at $5.25, Medical Disposables 76,942 units at $4.05.
JSE main market climbs in morning trading
Trading on the Jamaica Stock Exchange resulted in the main market indices continuing to climb while junior market index decline marginally in early Tuesday trading. 
The volume and value of trades were very low and well down from the level on Monday.
A total of 22 securities traded of which 5 advanced and 3 fell, resulting in a volume of 158,064 shares changing hands carrying a value of a $1,132,861 compared with 4,494,219 shares changing hands with a value of $16,491,042 on Monday. The average number of shares traded, amount to 7,185 units versus 224,711 units on Monday.
At 10:50 am the all Jamaica Composite Index jumped 533.90 points to 195,456.57, the Jamaica Stock Exchange Market Index climbed 477.39 points to 178,835.03, the Jamaica Stock Exchange combined index gained 413.66 points to close at 190,642.87 and the junior market index fell 2.83 points to end at 2,413.47.
JSE main market up in morning trading
Trading on the Jamaica Stock Exchange resulted in the main market indices climbing while junior market index decline marginally in early Monday trading. With the exception of 3.3 million shares in 1834 Investments and 633,843 shares of General Accident trading was moderate.
A total of 20 securities traded of which 6 advanced and only 10 fell, resulting in a volume of 4,494,219 shares changing hands carrying a value of a $16,491,042 compared with 497,348 shares changing hands with a value of $2,887,938 on Friday. The average number of shares traded, amount to 224,711 units versus 22,607 units on Friday.
At 10:50 am the all Jamaica Composite Index jumped 675.21 points to 195,067.31 the Jamaica Stock Exchange Market Index climbed 603.76 points to 178,486.97, the Jamaica Stock Exchange combined index surged 491.73 points to close at 190,388.22 and the junior market index fell 6.64 points to end at 2,420.10.