Stocks levels surged in early trading on the Jamaica Stock Exchange, resulting in the main market indices continuing to climb while junior market index moved up marginally in early Wednesday trading.
A total of 29 securities traded of which 13 advanced and 7 fell, resulting in a volume of 2,741,520 shares changing hands carrying a value of a $49,745,268 compared with just 158,064 shares changing hands with a value of $1,132,861 on Tuesday. The average number of shares traded, amount to 94,535 units versus 7,185 units on Tuesday.
At 10:45 am the all Jamaica Composite Index jumped 924.41 points to 195,809.85 the Jamaica Stock Exchange Market Index climbed 826.59 points to 179,150.93, the Jamaica Stock Exchange combined index gained 971.88 points to close at 191,141.50 and the junior market index gained 19.98 points to end at 2,433.49.
The main trades after more than an hour of the markets opening are Berger Paints with 105,236 units at $5.60, Ciboney with 140,000 shares at 17 cents, Jamaica Producers, 201,061 shares at $8.30, Jamaica Stock Exchange 48,338 units at $5.52, Scotia Group with 1,357,799 shares at $32, Proven Investments 373,700 shares at 18.55 US cents, Jetcon Corporation 112,207 shares at $5.25, Medical Disposables 76,942 units at $4.05.
Trading jumps for Jamaican stocks
November 30, 2016 by