Market off to brisk start on Friday

The Jamaica Stock Exchange was off to a spirited start on Friday. By 9.35am, 8 JSE intra 1-5-14securities traded, pushing the all Jamaica composite Index up 550.88 points to 103,543.13 and the JSE market Index up by 492.72 points to 93,757.15.
By 10 am the indices were up strongly as a number of stocks hit new 52 weeks high. The all Jamaica composite Index is up 935.61 points to 103,927.86 and the JSE market Index up by 836.32 points to 94,101.25, after an hours trading and the number of securities trading is up to 11.
Only one junior market stock has traded so far. Stocks pushing the indices are Carreras up to $47.40 from $47.08, Desnoes & Geddes up to $6.49 from $6.02, Sagicor group trading at $12 up from Thursday’s $11.01.

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