JSE majors jump over 1,000 pts

Trading on the Jamaica Stock Exchange resulted in a surged in the indices on Friday for the main market, but a fall in the junior market, in the early morning session of trading.
Market activity has been moderate resulting in just 22 securities traded at 11:55 am, compared to 34 on Thursday at 10:45 am. A total of 9 stocks advanced and 8 declined, resulting in a volume of 4,246,518 shares changing hands carrying a value of $53,841,841, compared 914,337 shares changing hands carrying a value of $10,866,734. The average number of shares traded, amount to 193,024 units versus mere 26,892 units on Thursday.
Lasco Manufacturing traded 2,763,818 shares at $5 and Scotia Investments 1,000,000 units at $28.01.
The all Jamaica Composite Index jumped 1,191.35 points to 201,707.21 the Jamaica Stock Exchange Market Index climbed 1,065.27 points to 184,736.67, the Jamaica Stock Exchange combined index gained 884.08 points to close at 196,961.13 and the junior market index lost 10.09 points to end at 2,495.74.