U.S.:Dollar inches lower into Christmas lullThe dollar headed into the Christmas break on Friday just over half a percent off highs hit after this month's U.S. Federal Reserve policy meeting, with a handful of second tier data unlikely to disturb markets already firmly in holiday mode. With Tokyo already absent, the dollar inched down to

Derrimon Trading Company Limited (DTL) has advised that it has commenced a process to acquire an additional 23,379,208 stock units in Caribbean Flavours and Fragrances Limited (CFF). The sum prepaid is J$105,206,436.00 which on completion, would translate to a price of J$4.50 per stock unit. The prepayment was made pursuant to a Deed dated December

Salada Foods Jamaica Limited (SALF) has advised that Mrs. Dianna Blake-Bennett, who presently holds the position of Acting General Manager, has been appointed General Manager effective January 4, 2017.

Pan-Jamaican Investment Trust Limited (PJAM) has advised that two Directors purchased a total of 17,659 PJAM shares during the period December 20 to 21, 2016.

Sagicor Group Jamaica Limited (SJ) has advised that two connected parties purchased a total of 8,768,800 SJ shares on December 21, 2016. SJ further advised that an Officer sold 750,000 SJ shares while a connected party sold 8,000,000 SJ shares on December 21, 2016.

GraceKennedy Limited (GK) has advised that a Senior Manager purchased a total of 7,701,191 GK shares on December 19, 2016.

Mayberry Investments Limited (MIL) has advised that two connected parties purchased a total of 10,900 MIL shares on December 21, 2016.

U.S.:Dollar dips but longer-term rally still seen in playThe dollar dipped for a second day on Thursday as traders booked profits ahead of a batch of U.S. data later in the day, though the greenback was still trading less than a percent away from a 14-year high touched earlier in the week. The U.S. currency

Cable and Wireless Jamaica Limited (CWJ) has advised that effective January 1, 2017 its Managing Director, Mr. Garfield Sinclair, will assume the role of Cable & Wireless Communications President of the Caribbean. Mr. Sinclair will have continuing responsibility for CWJ over the next twelve months as Managing Director.

LASCO Financial Services Limited (LASF) has advised that a connected party purchased 396,024 LASF shares on December 9, 2016.