August 29, 2019 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the new Governor, Mr. Richard Byles, commented on the Bank’s decision to lower the policy interest rate by 25 basis points to 0.50% effective August 28, 2019. According to the Governor, “Bank of Jamaica’s decision to cut
August 27, 2019 Bank of Jamaica (BOJ) announces its decision to lower the policy interest rate (the rate offered on overnight placements with BOJ) by 25 basis points to 0.50 per cent, effective Wednesday, 28 August 2019. This decision reflects Bank of Jamaica’s assessment that inflation is projected to average 4.3 per cent over
August 26, 2019 SSL Venture Capital Jamaica Limited (SSLVC) For the six months ended June 30, 2019 reported revenues of $132.10 million versus $43,725 reported in the prior year’s corresponding period. While for the quarter, SSLVC reported 38.51 million (2018: $43,725) in revenue. Cost of sales amounted to $112.68 million (2018: nil), thus resulting in gross profit
Date: August 26, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 26.08.19 ECL The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on
August 13, 2019 Sterling Investments Limited (SIL) for the six months ended June 30, 2019 reported interest income of $46.10 million, a 11% increase compared to $41.66 million booked twelve months earlier. Interest income for the quarter closed at $24.27 million compared to $20.69 million reported for the same quarter of 2018. Foreign exchange gain amounted
August 13, 2019 Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for quarter ended June 30, 2019, reported interest income of $6.88 million, a 5% decrease when compared with the $7.21 million reported for the same period in 2018. Interest expense for the first three months amounted to $2.63
July 30, 2019 Victoria Mutual Investments Limited (VMIL), for the six months ending June 30, 2019, reported total interest income of $398.40 million, an increase of 13% relative to the $353.66 million recorded for the corresponding period in 2018. Interest income for the quarter amounted to $197.41 million, up 14% on the $172.74 million
July 26, 2019 Please click link below for Mayberry Investments Limited (MIL) six months results ended June 30, 2019. Mayberry Investments Ltd. - Q2 2019 results The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure,
Date: July 16, 2019 The consumer price index for the month of June 2019 declined by 0.1%, following a 0.8% increase in its index for May 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of June fell to 258.4, relative to the 258.8 reported for May 2019.
July 08, 2019 For the nine months ended June 30, 2019, Barita Investments Limited (BIL) recorded a 40% increase in interest income, amounting to $1.04 billion relative to $738.32 million for the comparable period in 2018. Interest expense also recorded an increase to close at $598.85 million compared to $431.36 million in 2018. As
