Jamaican stocks prices are still cruising on a high with 17 stocks gaining and only 4 declining.
The junior market moving up to 878.73 points but after posting triple gains the main market indices slipped into negative territory with Scotia Group pulling back the $25.11. In the process the all Jamaica Composite index fell 451.62 points to 109,511.66 at midday and the JSE index was down 403.93 points to 99,095.50.
Trading is taking place in 28 securities with 3.27 million units as market interest spread to more stocks that were hardly active for months. So far there are a number of new 52 week’s high as the market continues to power away as positive company results are encouraging investors to buy.
Stocks mostly gained Friday morning
May 15, 2015 by
