JSE closes with strong gains

Trading on the Jamaica Stock Exchange on Thursday, resulted the advanced decline ratio being very positive. The market ended with strong gains in indices with the JSE Market Index gaining 865.46 points to 83,174.80, the JSE All Jamaican Composite index rose 967.61 points to close at 91,711.58 and the JSE combined index increasing by 800.44 points to close at 84,804.11.
The volume of stocks trading was moderate at 1.167 million units as only 16 securities traded in the main market. Major price movements, were recorded by Carreras up 95 cents to $39.95, Jamaica Broilers up 20 cents to $4.50, Jamaica Money Market down 24 cents to $7.02. Mayberry down 36 cents to $2, National Commercial Bank gaining 89 cents to $25, Proven 8% preference shares put on 45 cents to $5.50, Scotia Group gained 45 cents to $21.50, Scotia Investments lost $1 to $22 and Seprod climbing $1 to $14.