The Junior Market is trading at record high at the start of Monday trading at 3,700.02 points after surging 114.27 points and exceeding the record close of 3,662.94 points on August 14, 2019.
New record high for the JSE Junior Market.
The JSE Main market All Jamaican Composite Index jumped 3,232.66 points to trade at 442,490.38 within 25 minutes of the opening.
In trading Access Financial Services is up by $1 to $26, Caribbean Insurance Brokers rose 24 cents $2.90, Dolphin Cove gained to $1 to $23, Fosrich was up 21 cents to $14.44, Fontana gained 33 cents to $8, Lasco Distributors rose 12 cents to $3.25, Lasco Financial is up 21 cents to $3.27 followed by Lasco Manufacturing is up 38 cents to $4.98. Main Event rose 50 cents to $4.50, Paramount Trading rose 21 cents to $1.62 and SSL Venture Capital rose 41 cents to $1.69 following news of a proposed acquisition of 79 percent of the company’s shares.
In the Main Market, Caribbean Producers rose 61 cents to a new high of $16.50 and NCB Financial put on $2.13 to $130.
The Junior Market rise conforms to ICIsider.com report that the market was poised to make a big break from the consolidation around the 3,300 points mark and head to over 4,000 points.
