| Caribbean Markets | Index | Value | Change +-% | USD | EURO | GBP | CAD | |
|---|---|---|---|---|---|---|---|---|
| Bahamas | BISX All Share Index | 1,416.74 | 7.04 | 0.50% | 1.00 | 1.26 | 1.53 | 1.60 |
| Barbados | BSE 1000 Index | 1,094.82 | -1,990.31 | -64.51% | 1.98 | 2.53 | 3.00 | 1.94 |
| Jamaica | JSE Market Index | 85,395.37 | 15.49 | 0.02% | 98.43 | 8.14 | 147.63 | 94.01 |
| Trinidad | TTSE Composite | 1,123.11 | -0.01 | 0.00% | 6.41 | 8.01 | 9.45 | 6.10 |
News Update
- Crude oil surged 9% and gold gained 3% after European leaders agreed to take emergency steps.
- Malaysian developer Genting Group plans to invest US$24 million in a casino in Bimini, Bahamas.
- JMMB receives final regulatory approval to acquire CCFG.
- Trading volume and value on the JSE doubled in June from a year ago.
- Sagicor Life Jamaica was the best performing stock in the year on the JSE with a rise of 7%.
- Ciboney Group was the worst performing stock on the JSE for the year with a loss of 60%.
- Jamaica Stock Exchange board of directors announced 3 Jamaican cents quarterly dividend.
- Pulse Investments released third quarter financial statements.
- World markets rallied on Friday after European leaders took steps to offer direct lending to banks.
- Caribbean markets closed down for the week with Jamaica index falling more than 4%.
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Caribbean Earning News
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Pulse Investments Q2 Profit Jump
Author: Mukesh Buch
Islandjournal.net
Last Update: 2:10 PM ET April 03 2012
Islandjournal.net
Last Update: 2:10 PM ET April 03 2012
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Pulse Investments Limited, the Jamaica based fashion and entertainment company reported second quarter revenue increased to J$58.7 million from J$56.9 million in the same quarter last year. Net profit in the quarter jumped to J$42.7 million or 15 cents diluted earnings per share compared to J$21.6 million or 8 cents per share a year earlier.
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