Five companies led double-digit gains during trading week
Ironrock Insurance (ROC), Margaritaville Turks (MTL), Caribbean Producers (CPJ), Dolphin Cove (DCOVE) and Pulse Investments (PULS), all made double-digit gains during the week of trading on the Jamaica Stock Exchange (JSE).
During the week, ROC gained 25 per cent to close at $3.99. It was followed by MTL up 12 per cent to close at US$0.25. Next, CPJ increased 11.5 per cent to close at $4.77. It was followed by DCOVE up 10.6 per cent to close at $13.99. PULS gained 10.5 per cent during the week to close at $2.95
GWEST Corporation led declines down 25 per cent to $1.40.
The JSE Combined Index advanced by 3,037.93 points (0.78 per cent) to close at 390,639.70. The JSE Index advanced by 3,502.96 points (0.90 per cent) to close at 388,276.91. The JSE All Jamaican Composite Index advanced by 3,854.88 points ( 0.90 per cent) to close at 426,180.60. The JSE USD Equities Index declined by 3.86 points (2.20 per cent) to close at 175.79. The JSE Financial Index advanced by 0.27 points (0.27 per cent) to close at 99.14.
Overall Market activity resulted from trading in 104 stocks of which 36 advanced, 37 declined and 31 traded firm. Market volume amounted to 129,813,473 units valued at over $920,938,079.24. Radio Jamaica was the volume leader with 77,910,053 units (60.02per cent) followed by Lasco Manufacturing with 10,298,774 units (7.93per cent) and Indies Pharma with 9,616,396 units (7.41per cent) .