8 06, 2018

Net International Reserves- May 2018

2018-06-08T15:20:40-05:00

June 08, 2017  Jamaica’s Net International Reserves (NIR) totaled US$3,175.88 million as at May 2018, reflecting an increase of US$69.31 million relative to the US$3,106.57 million reported as at the end of April 2018 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$51.44 million to total US$3,734.10 million compared

Net International Reserves- May 20182018-06-08T15:20:40-05:00
8 06, 2018

Overseas Headlines – June 8, 2018

2018-06-08T12:23:30-05:00

June 8, 2018  United States: Hot U.S. Economic Growth Is Burning Companies That Can't Keep Up A strengthening economy has its downsides. Just ask United Natural Foods Inc. As suppliers struggle with bottlenecks, the food distribution company said it is having trouble keeping shelves stocked and paying higher transportation costs. “Higher demand is pressuring our

Overseas Headlines – June 8, 20182018-06-08T12:23:30-05:00
7 06, 2018

SGJ reports a 19% increase in profits attributable to shareholders for the six months

2018-06-07T21:36:15-05:00

June 07, 2018 Scotia Group Jamaica Limited(SGJ) for the six months ended reported Net Interest Income declined by 3% to $12.82 billion, moving from $13.16 billion for the corresponding period in 2017, while Interest Expenses declined by 26% to total $1.64 billion (2017:$2.23 billion). Net Interest Income for the period decreased from $6.54 billion in 2017

SGJ reports a 19% increase in profits attributable to shareholders for the six months2018-06-07T21:36:15-05:00
7 06, 2018

Daily Market Summary June 7, 2018

2018-07-09T21:21:58-05:00

Daily Market Summary 7.06.18 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 prohibited and may be unlawful. Mayberry may

Daily Market Summary June 7, 20182018-07-09T21:21:58-05:00
7 06, 2018

Special Advisory: Derrimon Trading Company Limited (DTL)

2018-06-07T19:47:57-05:00

June 7, 2018 Derrimon Trading Company Limited (DTL) has advised that the Company has signed a J$625,000,000 Syndicated Facility, arranged and structured by Sagicor Bank Limited and First Global Bank Limited at an attractive interest rate. The facility will be amortized over a period of ten (10) years. DTL also advised that the facility will

Special Advisory: Derrimon Trading Company Limited (DTL)2018-06-07T19:47:57-05:00
7 06, 2018

Board Appointments: Sagicor Real Estate X Fund (XFUND)

2018-06-07T19:44:45-05:00

June 7, 2018 Sagicor Real Estate X Fund (XFUND) has advised that the Board of Directors has appointed Ms. Brenda-Lee Martin as Chief Executive Officer with effect from June 1, 2018. Ms. Martin replaces Mr. Rohan Miller who demitted office earlier this year.    

Board Appointments: Sagicor Real Estate X Fund (XFUND)2018-06-07T19:44:45-05:00
7 06, 2018

Dividend Declaration: Jamaica Teas Limited (JAMT)

2018-06-07T19:35:22-05:00

June 7, 2018 Jamaica Teas Limited (JAMT) has advised that at a meeting held on June 6, 2018 the Board of Directors declared a dividend of three cents ($0.03) per ordinary share payable on 28 June 2018 to shareholders on record as at 15 June 2018. The ex-dividend date is June 14, 2018.    

Dividend Declaration: Jamaica Teas Limited (JAMT)2018-06-07T19:35:22-05:00