Stocks hit new highs early trading

Trading on the Jamaica Stock Exchange, pushed the markets into new record territory, with the All Jamaica Composite index jumping 1,572.36 points to 183,877.11 beating the previous highest close of 183,366.39 reached in February while the junior market climbed into the 2,400 level for the first time.
Up to 10:45 am, the main trades are Caribbean Cream traded 136,819 units at $9.40 after trading at $9.70, General Accident Insurance had 600,000 units changing hands at $2.40, Lasco Distributors rose to $7.50 with 222,184 shares Honey Bun traded 66,969 shares at $6.10 and Paramount Trading moved to a new all-time high of $19.50 with just 2,000 shares.
At 10:45 am 26 securities traded, resulting in a volume of 1,383,211 shares changing hands carrying a value of $7,292,776. The average number of shares traded amounts to 53,200 units. Market activity resulted in 5 stocks falling while the prices of 10 securities rose.
The all Jamaica Composite Index jumped 1,572.36 points to 183,877.11. If the market ends trading close to this level, it would represent a new all time high for all three major indices. at mid morning the Jamaica Stock Exchange Market Index climbed 1,405.97 points to 165,460.61, the Jamaica Stock Exchange combined index surged 1,660.01 points to 178,189.47 and the junior market index gained 34.67 points to 2,408.56.