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NCB releases Q3 results next week

NCB Financial Group advises that its board meeting to consider and approve the release of the nine-month unaudited financial statements at a board meeting scheduled for August 4, 2020. The company … [Read More...]

Wigton profit climbs 30%

Profit at Wigton Windfarm jumped 29.5 percent after-tax to $664 million or 6 cents per share for the March 2020 financial year, up from $513 million or four cents per share in 2019. Sales of power … [Read More...]

Jamaica’s Inflation stays low

Inflation in Jamaica for the first five months of 2020 remained extremely low, with the rate for May, coming in at 0.1 percent following April’s increase of just 0.2 percent, leading the year-to-date … [Read More...]

Crude oil plunged 45% Monday

The price of West Texas crude has plunged 45 percent to the lowest level in decades, with the price hitting US$10.85. On Thursday, the price dipped to close on the world market at US$19.73 from … [Read More...]

Company News

NCB releases Q3 results next week

NCB Financial Group advises that its board meeting to consider and approve the release of the nine-month unaudited financial statements at a board meeting scheduled for August 4, 2020. The company … [Read More...]

34% surge in Derrimon Q1 profit

Profit jumped 34 percent at Derrimon Trading in the first quarter of the current financial year, to reach $99 million up from $74 million in 2019, following a 5.5 percent increase in revenue to $3.3 … [Read More...]

Profits down as Dolphin Cove closed

Dolphin Cove listed on the Junior Market nearly ten years ago and became the darling of many investors attracted by the lure to a company that earned nearly all their income in foreign currency. For the … [Read More...]

Carib Cement Q2 profit jumps 41%

Profit at Jamaica’s sole cement producer, Caribbean Cement rose 41 percent in the June quarter, to $521 million from $368 million for the comparable quarter in 2019 and thus reverses the poor first-quarter … [Read More...]

Featured Categories

50% less trades on TTSE – Monday

The Trinidad and Tobago Stock Exchange ended trading on Monday, with the market declining after investors traded 50 percent fewer shares than were traded on Friday, resulting in more stocks falling than rising. The market closed with twelve securities trading with two advancing, five declining and five remained unchanged.  Trading accounted for 117,290 … [Read More...]

JSE USD market up on lower volume

The US dollar market of the Jamaica Stock Exchange closed trading on Monday, with the market index rising after investors traded 46 percent fewer shares than on Friday, with more stocks rising than falling. At the close of the market, trading ended with five securities changing hands with the prices of three stocks rising and two declining. The JSE … [Read More...]

Lying to pollsters or bad sampling

Polls conducted by Blue Dot on behalf of Nationwide, raise questions about its credibility. Poll findings on party standings, by both the Blue Dot and the Bill Johnson's polls done on behalf of Mello TV, are similar in that they put the JLP and PNP on a head to head race at 63 percent to 37 percent basis. That is not far from the February polls done by Don … [Read More...]

Lasco out Medi Disposables back in IC TOP 10

Lasco Distributors rose from $2.85 to close at $3.25 after the company posted a 57 percent rise in first-quarter profit and Medical Disposables returns with the stock finding support just under $5 this past week after posting disappointing full-year results at the end of the prior week. There was no change in the Main Market TOP 10 list for the week that … [Read More...]

JSE Main Market jumps to close July

The Jamaica Stock Exchange Main Market ended trading on Friday, with the market closing higher after the number of stocks gaining, more than tripled those declining, as investors exchanged 15 percent more stock units than on Thursday. At the close, the All Jamaican Composite Index carved out a gain of 4,915.75 points to settle at 405,893.04; the Main Index … [Read More...]

Junior Market closes in on 2,600 mark

The Junior Market of the Jamaica Stock Exchange ended trading on Friday, with the market rising after slightly more stocks rose than declined, after investors exchanged 83 percent more shares, valued 185 higher than on Thursday. Trading ended with 32 securities changing hands, similar to Thursday and ended with the prices of 10 stocks rising, eight … [Read More...]

Increased volume for JSE USD market

The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market rising after investors traded 19 times more shares than on Thursday and ten times the value. At the close of the market, trading ended with three securities changing hands with the prices of one stock rising and two declining. Margaritaville closed at a 52 weeks’ … [Read More...]

Volume and value climb on TTSE

Trading on the Trinidad and Tobago Stock Exchange ended the week with an increase in the level of market activity compared to Thursday, with investors exchanging 232,343 shares valued at $5,720,884 compared to 69,776 shares for $1,561,748 on Thursday. The increased volume and value of stocks trading on Friday flowed from two fewer securities than Thursday, … [Read More...]

JSE Main Market slips on Thursday

The Main Market of the Jamaica Stock Exchange ended trading on Thursday, with the market declining after investors exchanged 42 percent fewer shares than they did on Wednesday, resulting in more stocks falling than rising. At the close, the All Jamaican Composite Index dropped 2,282.23 points to settle at 400,977.29, the Main Index carved out a loss … [Read More...]

Junior Market in minute slippage

The Junior Market of the Jamaica Stock Exchange ended trading on Thursday, with the market declining after more stocks fell than rose, with investors trading 51 percent fewer shares than on Wednesday. Trading ended with 32 securities changing hands compared to 33 on Wednesday and ended with the prices of nine stocks rising, 17 declining and six with prices … [Read More...]

JSE USD market inches higher

The US dollar market of the Jamaica Stock Exchange closed trading on Thursday, with the market gaining moderately, after investors traded 95 percent fewer shares than on Wednesday, but resulted in more stocks rising than falling.  At the close of the market, trading ended with six securities changing hands with the prices of three stocks rising, one … [Read More...]

TTSE trading picks on Thursday

Trading picked-up on the Trinidad and Tobago Stock Exchange on Thursday as 69,776 shares changed hands at $1,561,748, compared to mere 350,805 shares, accounting for $6,029,917 on Wednesday. The market closed, with 15 securities changing hand, five more than on Wednesday, and resulting in the prices of five stocks rising, one declining and nine remaining … [Read More...]