JSE main market surges in early trading

JSE Main Market stocks are trading at their highest level in more than a year with the All Jamaican Composite Index that closed at 461,341.26 points on Wednesday, opening at 469,362.12 on Thursday and going as high as 471,844.39 within 20 minutes of the opening and now trades at 470,898.31 with three minutes to go before 10 am.
Grace Kennedy is trading up to $97 from $96, JMMB Group is up to a 52 weeks’ high of $38.80, Kingston Properties is trading at a new 52 weeks’ high of $11. PanJamaican is trading up strongly at $69.90 from just over $65, but Sagicor Group is down to $53.25 from $55,
The Junior Market Index traded as high as 3,375.79, up from 3,339.77 at the close on Wednesday, as Express Catering that fell on Wednesday to $5.50 is trading up, with the latest price at $6.17.

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