Jamaican stocks prices are still cruising on a high with the junior market 
hitting new high for the fourth day in a row and the main market continuing to move away from resistance heading towards 115,000 point.
The next major level to cross with the all Jamaica Composite index having passed the 110,000 mark as it gained 611.62 to sit at 110,122.61 after an hours trading. The junior market index is at an all-time high of 882.38 points having put on 13.39 in the early morning session.
The junior market has so far traded 9 securities and the main market 14 securities trading and resulted in 3.85 million units changing hands. A total of 7 stocks rose in price and 8 declined so far.
The notable trades so far are Caribbean Cement trading 232,500 shares with the price rising back to $5, Grace Kennedy trading 93,525 units at $65.25, Mayberry Investments with 2,734,501 units up $3 but now is back at $2.79, Seprod with 101,474 at $18.25. All the Mayberry shares were purchased through Mayberry Investments, with JMMB Securities virtually all except for 1,900 units with most being sold from JMMB inventory and bought by Mayberry for their in house purposes.
JSE over 110K, juniors new high Thursday
May 14, 2015 by
