National Commercial Bank (NCB) moved up to a new record high of $60 and Jamaica Producers climbed to a new high of $13 helping to push the main market sharply upwards with the all Jamaica composite Index well over the 230,000 points level.
National Commercial Bank moved up to a new record high of $59 and Jamaica Producers traded just 4,554 units and had no stock on offer while NCB which started trading at $58.20 and rose to $60 but fell back $57 with 56,500 shares trading with the bid back at $59,
NCB has only one offer posted to sell 10,000 units at $63.20, Sagicor Group traded 112,753 shares at $30, but now has no stock on offer. Seprod has not traded but has no stock on offer with the bid at $30.
All major markets indices hit new records during the morning session but with moderate trading taking place. The all Jamaica Composite Index jumped 4,740.24 points to 230,861.73 the Jamaica Stock Exchange Market Index leapt 3,933.07 points to 210,805.97, the Jamaica Stock Exchange combined index surged 4,238.60 points to 224,566.64 and the junior market index inched 0.26 points to 2,829.55.
Securities changing hands, amount to 27 at 10:45 am compared to 28 trading on Friday. A total of 12 securities advanced and 7 declined, resulting in a volume of 880,842 shares changing hands, carrying a value of $12,045,282, versus 554,414 shares changing hands, carrying a value of $6,229,690, the average trade for the early session amounted to 29,957 units, compared to 19,801 shares previously.
Sharp jump for JSE stock index
January 30, 2017 by
