According to the Bureau of Labour Statistics, “Unemployment rates were higher in July in 3 states, lower in 1 state, and stable in 46 states and the District of Columbia,” while the national unemployment rate was 4.3%, 0.6% lower than in July 2016. The Bureau reported that, “nonfarm payroll employment increased in 11 states and
lease click below to view today’s Featured Stock. Weekly Picks 21.08.17 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 the contents of this information is strictly
Brent Oil Brent oil prices decreased by 3.61%, as prices declined this week. Oil traded on August 16, 2017 at a price of 52.27 (US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 1.10% . Additionally 90 Octane declined by 1.07% week over week. 87 Octane and 90 Octane opened the year
The inflation rate for the month July 2017 was 0.6 %, following an upward movement of 0.7% in June 2017. The division which recorded the highest movement for the month was ‘Food and Non-Alcoholic Beverages’ with a 1.2% growth. STATIN reported that the prolonged effect of the flood rains in mid-May continued to impact agricultural
April – June 2017 For the review period of April to June 2017 the Bank of Jamaica (BOJ) indicated that the Bank will move forward with its accommodative monetary policy stance. This policy according to Governor Brian Wynter, reflects the run of very low inflation over the last fiscal year. The Bank further predicts that
Jamaica Producers Group Limited (JP) For the six months ended June 30, 2017: For six months ended June 30, 2017, Jamaica Producers Group Limited (JP) experienced a 62% increase in revenue to total $7.40 billion compared to the $4.57 billion reported in 2016. The company posted second quarter revenue of $4 billion a 66% increase
Please click below to view today’s Daily Market Summary. Daily Market Summary 16.08.17 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 the contents of this information
General Accident Insurance Company Limited (GENAC) For the six months ended June 30, 2017: GENAC reported net premium written of $673.34 million, 15% more than the $585.29 million reported for 2016. This was as a result of a 4% increase in gross premium written to $4.55 billion (2016: $4.37 billion), while reinsurance ceded increased by 3%
Net International Reserves Jamaica’s Net International Reserves totaled US$2,736.35 million as at July 2017, reflecting an increase of US$119.54 million relative to the US$2,616.81 million reported as at the end of June 2017 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$126.23 million to total US$3,311.88 million. Securities contributed
ISP Finance Services Limited (ISP) Results for the Six Months ended June 30, 2017: Total Interest Income for the period increased by 30% to $135.79 million compared to $104.40 million for the same period last year. For the quarter the company reported total interest income of $70.26 million relative to (2016: $51.98 million). Interest expenses
