Sunday 26 May, 2019

Pulse up almost 13% to top gains

Pulse founder Kingsley Cooper with family members, including daughter and CEO of the company, Safia, at Caribbean Fashion Week 2017.

Pulse founder Kingsley Cooper with family members, including daughter and CEO of the company, Safia, at Caribbean Fashion Week 2017.

Pulse Investments Limited (PULS) led gains Wednesday on the Jamaica Stock Exchange (JSE).

PULS gained 12.82 per cent to close at $2.20 followed by Jamaica Producers Group Ltd (JP), up 10.84 per cent to close at $15.65.

Consolidated Bakeries (Jamaica) Limited (PURITY) was the day's top loser, down 13.49 per cent to close at $1.86.

The JSE Combined Index declined by 4,329.18 points (1.63 per cent) to close at 261,910.03. The JSE Index declined by 4,538.24 points (1.80 per cent) to close at 247,991.85. The Junior Market Index declined by 13.70 points (0.44 per cent) to close at 3,114.07. The JSE USD Equities Index advanced by 6.51 points (3.67 per cent) to close at 184.03.

Overall Market activity resulted from trading in 48 stocks of which 17 advanced, 24 declined and seven traded firm.

Market volume amounted to 39,329,170 units valued at over $423,443,222.22. Lasco Financial Services Limited was the volume leader with 12,091,213 units (30.74 per cent) followed by Lasco Manufacturing Limited with 7,446,903 units (18.93 per cent) and Lasco Distributors Limited with 4,559,191 units (11.59 per cent).

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