The junior market jumped sharply by more than 151 points in the first 75 minutes of trading on Friday but the main market slipped as Scotia Group traded at $22.51 and Caribbean cement fell back to $22 from a closing price of $26.50 on Thursday.
Trading as been quite hectic with 34 securities trading amounting to 5,923,247 shares well over the 1,003,134 units changing hands on Thursday and with 15 rising, while 13 declined.
Investors continue to push junior market stocks with Lasco Distributors jumping to a new high of $7.25 with 214,820 shares as the price jumped 74 cents to a new high, Lasco Finance following its big brother traded at a new high of $5, Paramount Trading also traded at a new high of $10 and tTech opened trading at $3.60 with 50,000 shares to gain 56 cents. Caribbean Cream traded 1,240,402 shares with a gain of 32 cents to $4.50 as the company released results of 33 cents per share for the nine months to November.
The all Jamaica Composite Index declined 832.08 points to 173,674.87 the JSE Market Index fell 744.55 points to 156,339.83 the JSE combined index 664.99 points to 166,166.41 and the junior market index jumped 151.35 points to 2,075.94.
Junior market soars in morning session
January 8, 2016 by