The local stock market is officially bullish up nearly one-third since COVID-19 lows.
The combined market closed at a 2021 high of 430,207 points on Friday from 337,500 points in late March 2020 or 27 per cent higher.
Bull markets represent upswings in stock indexes which usually rise 20 per cent higher than a baseline comparative period.
On Friday with four stocks gained over 10 per cent on the Jamaica Stock Exchange (JSE). 138 Student Living Jamaica gained 23 per cent to $5.29, Lasco Financial Services gained 12 per cent to $3.20, Stationery & Office Supplies gained 12 per cent to $6.26, Guardian Holding gained 11 per cent to close at $969.00.
The top declining stocks were Blue Power Group down 17 per cent to $3.45, Consolidated Bakeries down 15 per cent to $1.41 and JMMB Preference shares down 14 per cent to $2.40.