Junior index jumps sharply

Lasco Distributors shot up to $9 in early trading with 247,586 shares in spirited trading in the overall market with 22 securities accounting for 594,059 units.
JSE intra 11-01-16The Lasco share price movement is the main factor pushing the junior index to gain 130.74 or 6.25 percent to hit 2,223.11 points. The company made a claim for US$ 300 million for damages against Pfizer for losses incurred from halting sales of high blood pressure drug.
The combined index was pushed to 1,869.58 points within 15 minutes of trading. The JSE index is up 730.34 points to 157,453.71. The bid on tTech is up to $4 to buy 7,395 shares. Radio Jamaica traded 95,654 units at $5.50.

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