JSE jumps in early trading

BNS -Consprng

The market traded heavily in Scotia Group shares from the start of trading today as 952,700 was bought up to $22 each at 9.33 AM as Scotia Investments traded all but 81,019 units, the first trade of the day going through at $20. At 9.38 AM, Scotia Investments sold 100,000 units to Mayberry at $21.74 bringing the total traded in Scotia to 1,052,700 shares.

The price gain helped push the JSE All Jamaican Composite Index 2,475.52 points to 79,451.52 while the JSE Index is up 2,213.90 to 72,209.50.

Consolidated Bakeries traded 100,000 units at 86 cents and Berger Paints 3,759 units at $1.0 are the only other stocks to trade so far.

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