The main and junior markets are up in early trading in Thursday morning session but the main market is still below levels reached in Wednesday morning trading up to 10.35am.
The Jamaica stock market after 75 minutes of trading, recorded gains in the indices. The all Jamaican Composite index gained 329.84 points to 146,949.97, the JSE Market Index rose 295.15 points to 132,426.14 the JSE combined index climbed 386.63 points to be at 137,888.73 and the junior market index rose 12.09 points to its highest level of 1,440.01.
Trading resulted in 31 securities changing hands with a volume of 4,619,249 units as 15 stocks gained and 5 declined and a number of new all-time highs were reached with the Jamaica Stock exchange.
Some buying as come in for Cable and Wireless as the stock traded 2,082,202 shares as the price added 2 cents to 82 cents and as high as 85 cents. The stocks now has bid of 82 cents to buy over 400,000 shares on the offer is at 90 cents. In the wider market, Scotia Investments traded 798,900 shares at $27.50 and Supreme Ventures traded 220,796 units at $4.65.
Markets are up in early trading
November 5, 2015 by