Brent Oil Brent oil prices increased by 1.49% or US$0.65, as prices fell this week. Oil traded on August 2, 2018 at a price of $73.40 per barrel relative to US$74.51 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.93% (JMD$2.60). Additionally,
Date: August 02, 2018 Grace Kennedy Limited (GK), for the six months ended June 30, 2018, recorded revenue of $48.37 billion for period (2017: $46.37 billion), a year over year increase of 4%. Revenue for the second quarter of 2018 improved 3% to $23.46 billion (2017: $21.73 million). The biggest contributor to the group’s overall
Date: August 2,2018 Lasco Manufacturing Limited (LASM) for the three months ended June 30, 2018 recorded an increase of $222.67 million or 15% in total revenue to total $1.73 billion, relative to the $1.51 billion recorded for the comparable period in 2017. Cost of sales amounted to $1.12 billion (2017: $1.03 billion) for the quarter,
Date: August 2, 2018 United States: Fed Leaves Key Rate Unchanged With Economy Growing at ‘Strong Rate’ Federal Reserve officials left U.S. interest rates unchanged and stuck with a plan to gradually lift borrowing costs amid “strong” growth that backs bets for a hike in September. Economic activity has been “rising at a strong rate,”
July 31, 2018 Jamaica Broilers Group Limited (JBG) has advised that a Director purchased 150,000 JBG shares on July 26, 2018.
July 31, 2018 GWEST has advised that Mr. Richard Barrow resigned from the position of General Manager effective July 2018.
July 31, 2018 Lasco Manufacturing Limited (LASM) has advised that the Board of Directors, at its meeting held on July 27, 2018, resolved that an interim dividend of $0.038 per share will be paid to shareholders on record at the close of business on August 15, 2018. The date for payment is August 31, 2018
July 31, 2018 Access Financial Services Limited (AFS) has advised that the Board of Directors approved a dividend payment to its ordinary shareholders at a Board Meeting held on July 30, 2018. The dividend payment is outlined below: Dividend per share - $0.22 Record Date – August 15, 2018 Payment Date – August 29, 2018
July 31, 2018 Jamaica Broilers Group Limited (JBG) has advised that a Director purchased 150,000 JBG shares on July 26, 2018.
Date: July 31, 2018 Jamaican Teas Limited (JAMT) For the nine months June 30, 2018:- Jamaica Teas Limited (JAMT) for the nine months ended June 2018 reported a 14% increase in revenue to total $1.34 billion (2017: $1.18 billion). According to the company, “Export sales increased by a strong 25 percent, domestic manufacturing revenues grew 9
