The Jamaica Stock Exchange all Jamaica Composite index surged 1,134 points on the Wednesday morning session and the main market JSE index shot up by 1,036 points after nearly an hours trading but slipped back slightly with 14 securities rising and only 5 declining.
Cable & Wireless traded at $1.20, Carib Cement traded at $26, Kingston Wharves moving to $15.99 while National Commercial Bank traded at $42.75 and Scotia Group traded at $30.50.
the markets indices slipped back from their early high, and by 10:45 am, the all Jamaica Composite Index rose 738.02 points to 178,423.18, the Jamaica Stock Exchange Market Index climbed 659.92 points to 160,583.82, the Jamaica Stock Exchange combined index gained 460.01 points to close at 171,691.28 points andthe junior market index dived 14.83 points to 2,198.19 as Lasco Distributors traded 1,061,249 units down to $7.
Trading at 10:45 am resulted in 26 securities changing hands, accounting for a volume of 2,127,681 shares. The average number of shares traded amounts to 81,834 units compared to 83,033 units on Tuesday.
JSE gained 1,000 points – Wednesday
August 3, 2016 by
