31 08, 2018

The only Jamaican stock you need to own

2018-08-31T17:12:08-05:00

August 30, 2018 It is the intention to list Mayberry Jamaica Equities (MJE) on the Jamaica Stock Exchange (JSE) in short order. Going forward, keep a close eye  on this space as we will be giving daily updates with regards to the movement on the Net Asset Value of MJE. Please see the below graph

The only Jamaican stock you need to own2018-08-31T17:12:08-05:00
31 08, 2018

SYGNUS Reports US$1.42 million in Year End Profits

2018-08-31T16:30:17-05:00

Date: August 31, 2018 Sygnus Credit Investments Limited, for the year ended June 30, 2018, reported Interest Income of US$1.17 million. The Company also reported fair value gains of US$644,326 and Participation fees of US$23,413 which resulted in a total income of US$1.84 million. Total Expenses for the year end amounted to US$414,909. This resulted

SYGNUS Reports US$1.42 million in Year End Profits2018-08-31T16:30:17-05:00
31 08, 2018

Overseas Headlines – August 31, 2018

2018-08-31T12:15:05-05:00

Date: August 31, 2018  United States: U.S. Second-Quarter Growth Revised Up to 4.2% on Software, Trade  The U.S. economy expanded in the second quarter at a slightly faster pace than previously estimated on revisions to imports and software spending, bolstering the strongest period of growth since 2014, according to Commerce Department data released Wednesday. The

Overseas Headlines – August 31, 20182018-08-31T12:15:05-05:00
30 08, 2018

Gas Price Movement – August 30, 2018

2018-08-30T17:38:23-05:00

Brent Oil Brent oil prices increased by 4.61% or US$3.43, as prices rose this week. Oil traded on August 30, 2018 at a price of US$77.79 per barrel relative to US$74.36 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.08% (JMD$1.48). Additionally,

Gas Price Movement – August 30, 20182018-08-30T17:38:23-05:00
30 08, 2018

CPJ reports 10% increase in annual gross operating revenues

2018-08-30T17:16:15-05:00

Date: August 30, 2018 In United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the year ended June 30, 2018 reported a 10% growth year on year in gross operating revenues to close at $107.80 million compared to the $98.29 million for the prior year. CPJ noted, “the company

CPJ reports 10% increase in annual gross operating revenues2018-08-30T17:16:15-05:00
30 08, 2018

Overseas Headlines- August 30, 2018

2018-08-30T12:26:52-05:00

Date: August 30, 2018 United States: U.S. Farm Trade Surplus to Shrink as Chinese Tariffs Bite Agriculture, one of the few areas of the U.S. economy that sells more abroad than it buys, will see its trade surplus shrink next year as shipments to China collapse amid a trade war between the two nations, according to

Overseas Headlines- August 30, 20182018-08-30T12:26:52-05:00
29 08, 2018

BOJ Focused on Maintaining Low Inflation

2018-08-29T21:10:53-05:00

Date: August 29, 2018 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the Governor, Mr. Brian Wynter, spoke on the Bank’s monetary policy decision in the context of the Banks outlook for inflation and the overall economy in the current quarter against the background of the economy’s performance for

BOJ Focused on Maintaining Low Inflation2018-08-29T21:10:53-05:00
29 08, 2018

1834 Reports a 564% Jump in Year End Net Profit

2018-08-29T20:55:37-05:00

Date: August 29, 2018 For the year ended March 31, 2018, 1834 Investments Limited (1834), revenue declined by 25% from $60.78 million for the comparable period in 2017 to $45.38 million. For the quarter, the Company generated revenue of $10.57 million, a 49% decline year over year. Other operating income fell by 16% to $116.02

1834 Reports a 564% Jump in Year End Net Profit2018-08-29T20:55:37-05:00