Medical Disposables made double-digit gains during Wednesday's trading
Created : 18 October 2018
Medical Disposables & Supplies made double-digit gains to lead Wednesday’s trading of the Jamaica Stock Exchange (JSE).
MDS gained jumped 15 per cent to $7.49 on the day. The stock benefited from an announcement that it secured a new distribution deal with confectionery maker Aldor from Colombia.
Pulse Investments gained 9.6 per cent to close at $2.50. Seprod was the day’s big loser down 12 per cent to close at $36.46.
The JSE Combined Index declined by 4,722.67 points (1.23 per cent) to close at 379,755.34.
The JSE Index declined by 4,659.56 points (1.23 per cent) to close at 373,379.06. The JSE All Jamaican Composite Index declined by 5,114.14 points (1.23 per cent) to close at 409,805.35.
The JSE Select Index declined by 171.91 points (1.66 per cent) to close at 10,169.72. The Junior Market Index declined by 40.27 points (1.19 per cent) to close at 3,346.27. The JSE USD Equities Index closed at 167.78.
Overall Market activity resulted from trading in 61 stocks of which 16 advanced, 39 declined and 6 traded firm.
Market volume amounted to 5,442,117 units valued at over $73 million. JMMB GROUP was the volume leader with 842,614 units (15.48per cent) followed by CARRERAS with 569,061 units (10.46per cent) and CIBONEY Group with 500,000 units (9.19 per cent).