The Jamaican Economy expanded by 0.1% for the first quarter of 2017 relative to the corresponding quarter of 2016. The growth resulted mainly from improvements in the Services industries which increased by 0.4%. The overall Goods Producing industries posted a decline in the period despite gains by the Manufacturing and Construction industries. The Goods Producing
Portland JSX Limited (PJX) reports a 241% increase in Net Profit. (All figures in US Dollars unless otherwise stated. Portland JSX Limited (PJX) for the three months ended May 31, 2017, reported a net gain on financial assets classified as at fair value through profit or loss for the 2017 first quarter closing the quarter
Please click below to view today’s Daily Market Summary. Daily Market Summary 13.07.17 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
The sole source of income, Financial Income declined by 25% to total $154,000 from $205,000 for the previous financial year. An exchange gain of $210,000 was realized relative to $856,000 for the 2016 financial year. Other expenses amounted to $5.42 million, 35% less than the $8.35 million recorded for the year ending May 31st, 2016.
The latest U.S. payroll data from the Bureau of Labour Statistics indicated that the U.S. economy added 220,000 jobs while the unemployment rate was little changed at 4.4% for the month of June. The sectors see increases were health care, social assistance, financial activities and mining. In June, health care added 37,000 jobs. Health care
Please click below to view today’s Daily Market Summary. Daily Market Summary 11.07.17 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
Please click below to view today’s Daily Market Summary. Daily Market Summary 10.07.17 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
Seprod Jamaica Limited held its Annual General meeting on July 10, 2017. The Seprod Chairman Mr. P.B Sccott commenced the Annual General Meeting (AGM) by introducing the members of the board who were in attendance. He then proceeded to give an overview of the company’s performance for the 2016 financial year. Mr. Scott then proceeded
Net International Reserves Jamaica’s Net International Reserves totaled US$2,616.81 million as at June 2017, reflecting an decrease of US$55.96 million relative to the US$2,672.77 million reported as at the end of May 2017 (see figure 1). Changes in the NIR resulted from a decrease in Foreign Assets of US$53.07 million to total US$3,185.65 million. Currency and
Caribbean Cement Company (CCC) held their annual Plant Tour yesterday for shareholders, CCC’s plant is located at Rockfort, Kingston. The tour was led by: Andrew Stephenson – Quality, Quarry & Environment Manager Sophia Lowe – Corporate Communications & Public Affairs Manager Marchel Burrel – Health & Safety Manager We were addressed by newly appointed CEO
