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BOJ engineers cut in CDs interest rates
Interest rates on Bank of Jamaica dropped to an average of 10.6 percent at the latest CD auction on Wednesday, April 24, following an offer of $34.5 billion to the public in a competitive price auction. … [Read More...]
Barrows to head Wigton in May
Gary Barrow now heads Wigton Windfarm (WIG) management as Chief Executive Officer the company announced that will take place effective on May 6. The position of Chief Executive Officer is a new one, in … [Read More...]
Grace up stakes in Spur Tree Spices
The GraceKennedy a wholly owned subsidiary - GK Investments Limited, purchased 60,000,000 units of shares in Spur Tree Spices thereby increasing its ownership to 20.18 percent. this was the objective Grace … [Read More...]
Jamaica’s inflation plunges but BOJ cautious
The Statistical Institute of Jamaica reported negative inflation of 0.6 percent for March, for a second consecutive month and point to point inflation of 5.6 percent to the year to date and follows and … [Read More...]
Company News
Barrows to head Wigton in May
Gary Barrow now heads Wigton Windfarm (WIG) management as Chief Executive Officer the company announced that will take place effective on May 6. The position of Chief Executive Officer is a new one, in … [Read More...]
Profits continue to send mixed signals
Early profit results for the first 2024 quarter show some positives, with the Montego Bay-based Knutsford Express reporting b revenue growth and profit for the quarter and the nine months to February, … [Read More...]
Grace up stakes in Spur Tree Spices
The GraceKennedy a wholly owned subsidiary - GK Investments Limited, purchased 60,000,000 units of shares in Spur Tree Spices thereby increasing its ownership to 20.18 percent. this was the objective Grace … [Read More...]
Profit bolts 79% at AMG
Profit continued to surge at AMG Packaging in the February quarter, up 79 percent to $32 million from $18 million in 2023, the performance is better than the 72 percent rise in the first quarter. For the … [Read More...]
Featured Categories
BOJ engineers cut in CDs interest rates
Interest rates on Bank of Jamaica dropped to an average of 10.6 percent at the latest CD auction on Wednesday, April 24, following an offer of $34.5 billion to the public in a competitive price auction. The previous auction of $39 5 billion attracted only $37.8 billion in bids, resulting in an average rate of 11.032 percent. In today’s auction bids … [Read More...]
Increased spending on JSE USD stocks
A total of 140 percent more funds passed through the Jamaica Stock Exchange US dollar market on Wednesday, but bought fewer shares than on Tuesday, resulting in trading in eight securities, up from five on Tuesday with prices of three rising, three declining and two ending unchanged. The market closed with trading of 363,343 shares for US$23,058 compared to … [Read More...]
Moderate Main Market activity
Lacklustre trading on the Jamaica Stock Exchange Main Market ended with more shares rising than falling, resulting in moderate movement in the market Indices on Wednesday, with the volume of stocks traded rising marginally and the value 14 percent lower than on Tuesday, resulting from trading in 57 securities compared with 55 on Tuesday, with prices of 23 … [Read More...]
Rising Junior Market stocks beat losers
Rising Junior Market stock edged out those declining at the close of trading on the Jamaica Stock Exchange on Wednesday, with trading in 41 securities compared with 43 on Tuesday and ending with prices of 15 rising, 12 declining and 14 closing unchanged after a 33 percent decline in the volume of stocks traded, with a modest rise in value over that on … [Read More...]
Dull trading on the JSE Markets
Junior Market stocks posted gains at the close of the Jamaica Stock Exchange on Wednesday reversing two consecutive days of decline but still leaving the market below Tuesday’s opening, while the Main Market and the JSE USD slipped marginally lower than the close on Tuesday, with the number of shares and their value changing hands falling below that those on … [Read More...]
Trading surged on Trinidad & Tobago Stock Exchange
Trading surged on the Trinidad and Tobago Stock Exchange on Wednesday, with a 383 percent rise in the volume of stocks traded with a value that is 190 percent more than on Tuesday and resulting in 22 securities trading up from 19 on Tuesday and ending with prices of three stocks rising, 10 declining and nine remaining unchanged. The market closed trading … [Read More...]
Barrows to head Wigton in May
Gary Barrow now heads Wigton Windfarm (WIG) management as Chief Executive Officer the company announced that will take place effective on May 6. The position of Chief Executive Officer is a new one, in addition, the position of Head of Energy which was held by Miss Michelle Chin Lenn will be dispensed with and she will be appointed to the new position of … [Read More...]
No winners for JSE USD market
Trading picked up on the Jamaica Stock Exchange US dollar market on Tuesday, with a 222 percent rise in the volume of stocks changing hands with an 18 percent lower value than on Monday and resulting in trading in five securities, down from nine on Monday with prices of four declining and one ending unchanged. The market closed with an exchange of 384,592 … [Read More...]
Main Market loses ground
Falling stocks were the dominant element in trading on the Jamaica Stock Exchange Main Market on Tuesday, following a 63 percent decline in the volume of stocks traded and a 95 percent lower value than on Monday, following trading in 55 securities compared with 63 on Monday, with prices of nine stocks rising, 33 declining and 13 ending unchanged. The market … [Read More...]
Falling stocks hit Junior Market
Falling stocks overwhelmed those rising at the end of trading on the Junior Market of the Jamaica Stock Exchange Tuesday, with trading in 43 securities compared with 45 on Monday and ending with prices of eight rising with modest gains, 17 declining and 18 closing unchanged, with the market closing with a 34 percent decline in the volume of stocks traded, … [Read More...]
All JSE markets fall on Tuesday
Investors chopped several points off the Jamaica Stock Exchange market indices in trading on Tuesday as trading dropped well below Tuesday’s elevated levels that were pushed by trading in Jamaica broilers and Sagicor Group shares and resulted in prices of only 15 shares rising and 45 declining. At the close of trading, the JSE Combined Market Index … [Read More...]
Declining Trinidad Stock Exchange
Stocks registered a blow to the Trinidad and Tobago Stock Exchange on Tuesday, notwithstanding an equal number of stocks rising and declining and ending with a 67 percent rise in the volume of stocks traded with a 69 percent higher value than Monday's, resulting in 19 securities trading, up from 17 on Monday and ending with prices of eight stocks rising, … [Read More...]
