Wednesday 14 November, 2018

Pulse stock gains 24% on Friday

A Pulse model

A Pulse model

Pulse Investments led gains in Friday's trading session of the Jamaica Stock Exchange (JSE).

The model agency gained 24 per cent to close at $18 as shareholders prepare for the pending stock split. No other stock made double-digit gains on the day.

The top declining stock was Honey Bun, down 20 per cent to close at $5.54.

The JSE Combined Index advanced by 1,729.28 points (0.68 per cent) to close at 257,296.70.

The JSE Index advanced by 2,000.15 points (0.84 per cent) to close at 240,509.05.

The JSE All Jamaican Composite Index advanced by 2,195.29 points (0.84 per cent) to close at 263,972.73.

The Junior Market Index declined by 11.38 points ( 0.34 per cent) to close at 3,332.65.

The JSE USD Equities Index advanced by 0.45 points ( 0.21 per cent) to close at 215.54.

Overall Market activity resulted from trading in 47 stocks of which 18 advanced, 16 declined and 13 traded firm.

Market volume amounted to 9,665,661 units valued at over $128 million. Lasco Manufacturing Limited was the volume leader with 4,217,560 units (43.63 per cent) followed by GraceKennedy Limited with 1,141,371 units (11.81 per cent) and Caribbean Producers Jamaica Limited with 687,639 units (7.11 per cent).