Junior index jumps 41 points – Friday

The junior market index jumped by 41 points with one new high and Knutsford Express jumping $4 while main market stocks also rose.
Cargo Handlers traded 1,875 units climbing $7 to a new all-time high of $56 while Knutsford Express jumped $4 to $19 with just 316 units changing hands. Caribbean Cement traded 87,953 to at $24.95 for a rise of $1.95 while National Commercial Bank fresh from reporting a 25 percent jump in June quarter results has so far traded just 9,333 units at $42, with the bid at $42 with a small volume being demanded.
The all Jamaica Composite Index rose 427.71 points to 177,365.48 the Jamaica Stock Exchange Market Index climbed 422.44 points to 159,638.04, the Jamaica Stock Exchange combined index gained 382.44 points to close at 170,737.91 points andthe junior market index added 41.10 points to 2,199.47.
Trading at 10:45 am resulted in only 20 securities changing hands, accounting for a volume of 457,835 shares, with 7 securities rising and 8 falling. The average number of shares traded amounts to 22,892 units compared to 30,141 units on Thursday.