Brent Oil Brent oil prices increased 1.99% or US$1.22, as prices rose this week. Oil traded on December 14, 2017 at a price of $62.44 per barrel relative to US$61.22 last week. Brent oil began the year at US$56.00 per barrel. Petrojam prices 87 Octane prices declined week over week, by 1.07% (JMD$1.30). Additionally 90
Europe: German economy to grow by 2.6 pct in 2018 The German economy will expand by 2.6 percent next year, the Ifo institute said on Thursday in its updated forecast for Europe’s economic powerhouse, pointing to a broad upswing that is generating record-high employment and buoyant tax revenues. The surprisingly bullish projection - a hike
Daily Market Summary 13.12.17 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 ction in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may
GraceKennedy Limited (GK) has advised that on December 11, 2017 the Privy Council handed down its judgement in the matter, Paymaster v GraceKennedy Remittance Services Limited & Paul Lowe, unanimously allowing GK’s appeal and dismissing Paymaster’s counter appeal. On the claim of breach of confidence, the Law Lords found that there was no information in
tTech Limited (TTECH) has advised that a Director purchased 20,455 TTECH shares on December 7, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a Senior Officer purchased 1,527,560 SJ shares and that a connected party and Senior Officer sold a total of 1,567,560 SJ shares. These transactions were conducted on December 11, 2017.
Mayberry Investments Limited (MIL) has advised that a connected party purchased 58,159 MIL shares on December 12, 2017.
Federal Reserve officials followed through on an expected interest-rate increase today citing continued strengthening in the labour market and rising economic activity. “Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further. Household spending has been expanding at a moderate rate, and growth in business fixed investment has picked up
Jamaica Public Service Company Limited (JPS9.5) has declared a dividend of US$0.2394520548 per share payable on December 29, 2017 to preference shareholders on record as at December 22, 2017. The ex-dividend date is December 21, 2017.
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported, in addition over the last 12 months, the all items index rose 2.2%. The energy index climbed 3.9% and accounted for approximately three-fourths of the all items increase. The gasoline
