The main market of the Jamaica Stock Exchange, gained the most, in its history, with a rise of 10,574.31 points on the All Jamaica Index, to close at 407,482.62 on Tuesday.
The day’s move bettered the previous best gain in a day of 9,823.00 points on October 1, 2018, when the index closed at 403,100.29 on October 5 and bettered the next highest one day index gain with a rise of 9,736.35 points, to end at 416,956.11 on January 27, 2017.
The main market was being driven by gains in NCB Financial, Scotia Group and Sagicor Group, with the latter two responding to news out of Scotia in Canada of sale of the life insurance arm to Sagicor Financial.
During today’s trading, the market clocked more than 12,000 points at one stage. The junior market did not enjoy the gains of the main market and dropped 82.66 points to close at 3,187.17.