Daily Market Summary – August 17, 2017

Please click below to view today’s Daily Market Summary. Daily Market Summary 17.08.17 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 action in reliance on the contents of this information

Daily Market Summary – August 17, 20172017-08-17T21:46:05-05:00

Gas Price Movement August 17, 2017

Brent Oil Brent oil prices decreased by 3.61%, as prices declined this week. Oil traded on August 16, 2017 at a price of 52.27 (US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 1.10% . Additionally 90 Octane  declined by 1.07% week over week. 87 Octane and 90 Octane opened the year

Gas Price Movement August 17, 20172017-08-24T19:03:57-05:00

Consumer Price Index- July 2017

The inflation rate for the month July 2017 was 0.6 %, following an upward movement of 0.7% in June 2017. The division which recorded the highest movement for the month was ‘Food and Non-Alcoholic Beverages’ with a 1.2% growth. STATIN reported that the prolonged effect of the flood rains in mid-May continued to impact agricultural

Consumer Price Index- July 20172017-08-24T19:04:11-05:00

Overseas Headlines – August 17, 2017

U.S.:  U.S. jobless claims drop to near six-month low The number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labour market that could encourage the Federal Reserve to lay out a plan to start unwinding its massive bond portfolio. Labour market strength

Overseas Headlines – August 17, 20172017-08-17T14:18:19-05:00

Bank of Jamaica Quarterly Monetary Policy Report Press Briefing

April – June 2017 For the review period of April to June 2017 the Bank of Jamaica (BOJ) indicated that the Bank will move forward with its accommodative monetary policy stance. This policy according to Governor Brian Wynter, reflects the run of very low inflation over the last fiscal year. The Bank further predicts that

Bank of Jamaica Quarterly Monetary Policy Report Press Briefing2017-08-16T21:49:03-05:00

JP reports six months profit of $251 million.

Jamaica Producers Group Limited (JP) For the six months ended June 30, 2017: For six months ended June 30, 2017, Jamaica Producers Group Limited (JP) experienced a 62% increase in revenue to total $7.40 billion compared to the $4.57 billion reported in 2016. The company posted second quarter revenue of $4 billion a 66% increase

JP reports six months profit of $251 million.2017-08-16T21:30:22-05:00

Daily Market Summary- August 16, 2017

Please click below to view today’s Daily Market Summary. Daily Market Summary 16.08.17 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 action in reliance on the contents of this information

Daily Market Summary- August 16, 20172017-08-16T21:20:07-05:00

DCOVE posts 7% decrease in six months net profit

Dolphin Cove Limited (DCOVE) for the six months ended June 30, 2017 reported Total Revenue of US$8.66 million, a 6% increase when compared to US$8.20 million booked the year prior. Revenue from dolphin attraction contributed US$4.91 million to total revenue, a 2% increase when compared to the US$4.80 million reported in 2016, while revenues from

DCOVE posts 7% decrease in six months net profit2017-08-16T21:13:13-05:00

PURITY reports six months net loss of $8.49 million

Consolidated Bakeries (Jamaica) Limited (PURITY) for the six months ended June 30, 2017 recorded a 5% decline in revenue to $447.60 million from $471.52 million reported for the corresponding period in 2016. For the second quarter the company recorded a revenue of $219.69 million (2016: $210.96 million), representing a 4% growth. Cost of sales for

PURITY reports six months net loss of $8.49 million2017-08-16T21:10:37-05:00

JAMT: Special Advisory

Jamaican Teas Limited (JAMT) has advised of its delay in the submission of the third quarter accounts due to the inclusion of KIW International Limited accounts for the first time. It is expected that the financial statements will be submitted no later than August 17, 2017.  

JAMT: Special Advisory2017-08-16T20:34:06-05:00