21 06, 2019

JSE to build capacity, competence and resilience

2019-06-21T01:27:54-05:00

June 20, 2019   Jamaica Stock Exchange (JSE) held its Annual General Meeting today, June 20, 2019, at Jamaica Stock Exchange. Opening remarks were made by the Chairman, Mr. Ian McNaughton. Mr. Ian McNaughton highlighted that Jamaica Stock Exchange (JSE) was ranked on 2018 Bloomberg as “the World’s Best-Performing Stock Market”. He also outlined that

JSE to build capacity, competence and resilience2019-06-21T01:27:54-05:00
18 06, 2019

Consumer Price Index – May 2019

2019-06-19T20:42:58-05:00

Date: June 18, 2019 Consumer Price Index – May 2019 The consumer price index for the month of May 2019 recorded an inflation rate of 0.8%, following a 0.1% increase in its index for April 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of May rose to

Consumer Price Index – May 20192019-06-19T20:42:58-05:00
17 06, 2019

CAC reports 94% decline in six months net profit

2019-06-17T19:37:37-05:00

Date: June 17, 2019 CAC 2000 (CAC), for the six months ended April 30, 2019, reported revenues of $516.48 million versus $623.44 million booked in 2018. Revenues for the quarter fell by 9% to $350.06 million (2018: $383.93 million). Cost of sales fell by 8% for the period to $342.83 million (2018: $374.27 million). Consequently,

CAC reports 94% decline in six months net profit2019-06-17T19:37:37-05:00
17 06, 2019

Featured Stock: SJ

2019-06-17T14:15:10-05:00

Date: June 17, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 17.06.19 SJ 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

Featured Stock: SJ2019-06-17T14:15:10-05:00
17 06, 2019

Overseas Headlines- June 17, 2019

2019-06-17T13:19:41-05:00

June 17, 2019   United States:  Why a Trump-Xi Truce at G-20 Isn’t a Slam Dunk  The suspense is building ahead of the Group of 20 summit in Japan next week, with many analysts and investors betting that Presidents Donald Trump and Xi Jinping will meet on the sidelines and agree to resume the trade

Overseas Headlines- June 17, 20192019-06-17T13:19:41-05:00
14 06, 2019

Overseas Headlines- June 14, 2019

2019-06-14T13:22:56-05:00

United States:  U.S. Retail Sales Post Broad Rise in Challenge to Fed-Cut Case  U.S. retail sales posted a broad-based gain in May and the prior two months were revised higher, suggesting consumer spending is healthy enough to limit the case for a Federal Reserve interest-rate cut in the near term. The value of overall sales

Overseas Headlines- June 14, 20192019-06-14T13:22:56-05:00
13 06, 2019

Trade in Shares: PanJam Investment Limited (PJAM)

2019-06-13T19:23:32-05:00

June 13, 2019   PanJam Investment Limited (PJAM) has advised that 995,862 PJAM shares were transferred to a connected party under the PJAM Long Term Incentive Plan. This transaction was conducted on June 12, 2019.   Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research

Trade in Shares: PanJam Investment Limited (PJAM)2019-06-13T19:23:32-05:00
13 06, 2019

SGJ reports 17% decrease in six months net profit

2019-06-13T16:39:38-05:00

June 13, 2019   Scotia Group Jamaica Limited (SGJ) for the six months ended April 30, 2019, Net Interest Income decreased by 5% to $12.24 billion, moving from $12.82 billion for the corresponding period in 2018. Interest Expenses declined by 19% to total $1.33 billion (2018: $1.64 billion). Interest Income for the period decreased from $14.46

SGJ reports 17% decrease in six months net profit2019-06-13T16:39:38-05:00
11 06, 2019

SOS continues its expansion drive

2019-06-12T13:20:25-05:00

Date: June 11, 2019 Stationery and Office Supplies Limited (SOS) held its Annual General Meeting today which commenced with opening remarks made by the Chairman & Managing Director, Mr. David McDaniel. Mr. McDaniel outlined that SOS in 2018 achieved another year of growth as a result of an acquisitive approach and a robust sales strategy.

SOS continues its expansion drive2019-06-12T13:20:25-05:00
10 06, 2019

Net International Reserves – May 2019

2019-06-12T13:18:01-05:00

Date: June 10, 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,074.33 million as at May 2019, reflecting an increase of US$55.25 million relative to the US$3,019.08 million reported as at the end of April 2019 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$43.17 million to total US$3,579.37 million

Net International Reserves – May 20192019-06-12T13:18:01-05:00