Key Insurance Company Limited (KEY) has advised that Natalia Gobin-Gunter, Executive Board Chairman and Kala Abrahams, Executive Director, have resigned from the positions Deputy Managing Director and Purchasing/Web Operations Manager respectively effective September 30, 2017. Natalia Gobin-Gunter and Kala Abrahams will continue to execute their duties as non-executive directors.
Salada Foods Jamaica Limited (SALF) has advised that a Director purchased 120,000 SALF shares on September 27, 2017.
Sagicor Group Jamaica Limited (SJ) has advised that a connected party purchased a total of 240,760 SJ shares and sold 11,000 SJ shares during the period September 27 to 29, 2017.
Jamaica Producers Group Limited (JP) has advised that a connected party purchased 520,000 JP shares on September 27, 2017.
GraceKennedy Limited (GK) has advised that a Senior Manager sold 2,200 GK shares on September 25, 2017.
The Jamaican economy recorded a 0.1% contraction for the second quarter of 2017 compared to the corresponding quarter of 2016 as indicated by the Statistical Institute of Jamaica (STATIN). The decline was attributed to a 3.3% decrease in the Goods Producing industries as the Agriculture, Forestry and Fishing and Mining and Quarrying industries declined. In
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Europe: Euro Factories Add Jobs in Struggle to Keep Up With Orders Euro-area factories are scrambling to add staff as burgeoning orders stretch capacity. A Purchasing Managers Index for the region’s manufacturing industry rose to 58.1 in September from 57.4 the previous month, London-based IHS Markit said on Monday. That compares with a preliminary reading
At the Lasco Distributors Limited’s (LASD) Annual General Meeting, Mr. Peter Chin, Managing Director, gave us a brief description of the company. He stated that the company is a Marketing and Distribution Company which has a consumer and a pharmaceutical division. He then began to speak on a few financial highlights for the company’s year-end.
Brent Oil Brent oil prices increased by 1.99%, as prices increased this week. Oil traded on September 28, 2017 at a price of 57.41 (US$/ barrel).Brent oil price opened the year at 56.90(US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 0.19% or ($0.22) . Additionally 90 Octane declined by 0.18% week
