JSE jumps in early trading – Wednesday

Trading picked up in the mid-morning session on the Jamaica Stock Exchange with a few million unit trades. Consolidated Bakeries had 1,000,000 units changing hands, KLE Group 1,000,000 shares as well along with 6 trades of more than 200,000 units.
JSE intra 27-04-16Trading saw all major indices rising, with the main market indices gaining just under 900 points and the junior market index climbing over 53 points after 90 minutes of trading, on Wednesday. The average volume traded amounts to 157,938 units per active stock, compared to an average of 107,260 units traded in the mid-morning session on Tuesday.
A total of 28 securities accounting for 4,422,256 shares changed hands as 12 stocks gained and 8 declined.
The market saw the all Jamaica Composite Index rising 1,109.08 points to 169,116.88, the JSE Market Index gained 991.69 points to 152,262.52, the JSE combined index ended with a rise of 1,470.55 points to 162,998.50 and the junior market index rose 53.69 points to 2,121.22.

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