Scotiabank traded at a new $52 added around 5,000 points in the big surge in the indices on Friday.
A huge surge in a number of main market stock indices of the Jamaica Stock Exchange saw the All Jamaica Composite Index soared 8,689.74 points to close at 289,247.13 on Friday as Scotia group traded as high as $52 and NCG Financial jumped back $90.
The JSE Market Index climbed 7,917.33 points to 263,536.88 and the JSE US dollar market index rose 4.60 points to 187.18. Friday’s close is the third highest in the history of the market and is only bettered by 9,082.60 points rise on January 27 and 9,076.76 points on February 9 this year, the next in line is 7,697.11 points gain in October 2015.
At the close of trading, 25 securities changed hands in the main market with 2 trading in the US dollar market, leading to 13 stocks advancing and 6 declining as 3 securities traded at record highs during the day and 2 closing at record highs with Scotia Group trading at a high of $52 during trading but ended back at $50, the closing price on Thursday while Supreme Ventures moved to $12.90 and Productivity Business Solutions traded at 60 US cents up from the IPO price of 55 cents but with just 100 units trading.
The main market ended with 1353,000 units valued at $37,486,124 changing hands compared to 5,056,094 units valued at $68,305,370 at the close on Thursday. Trading in the US dollar market accounted for 14,200 units valued at 
US$3,444 bringing the total of all trades to J$37,930,400.
IC bid-offer Indicator| At the end of trading in the main and US dollar markets, the Investor’s Choice bid-offer indicator reading shows 8 stocks with bids higher than their last selling prices and 2 with lower offers.
The main market ended trading with an average of 54,120 units valued at $1,499,445 for each security traded compared to an average of 174,348 units valued at $2,355,358 on Thursday. The average volume and value for August ended at 184,094 units with an average value of $4,336,090.