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Breaking News

Crude price collapses

Energy traders bailed out of the expiring May U.S. oil futures contract in a frenzy on Monday, as the contract dropped by more than 70 percent to less than $5 a barrel and opening the widest gap ever … [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...]

Junior Market up 33% from March low

The Junior Market of the Jamaica Stock Exchange continues its recovery from the savage decline of March and is back to levels reached in the first week of that month and is up 33 percent from the March … [Read More...]

Trans Jamaican Highway trades at $1.02

Shares of Trans Jamaican Highway trades at $1.02 after listing this morning. The stock that was sold to the public at $1.41 in February traded 17,804,223 up to $1.39 at 11.18 AM and has fallen 28 percent … [Read More...]

Company News

138 Student Living huge gains

Revenue at 138 Student Living, jumped 31 percent for the March quarter, to $289 million from $221 million in 2019. For the six months to March, the revenue jumped 69 percent to $753 million from $445 … [Read More...]

Sweet sales but Bun’s profit drops

Revenues climbed 12 percent at Honey Bun for the March quarter to $454 million, but rising direct and administrative cost drove profit down 39 percent to $43 million from $71 million for the second quarter … [Read More...]

Profit soars 103% at Seprod

Seprod expected their entry into sugar production in 2009 was going to be a lucrative endeavour with their business acumen, strong capital base and vision they would succeed where others failed for … [Read More...]

Q1 profit down 57% at Carib Cement

Jamaica’s sole cement processing company, Caribbean Cement recorded a modest 2 percent increase in revenues to $4.5 billion for the quarter ending March 2020, over the 2019corresponding period and finished … [Read More...]

Featured Categories

Heavy trading in Lasco Manufacturing

Lasco Manufacturing dominated trading on the Junior Market on Wednesday, with for 47 percent of the units traded, with Jamaican Teas and Caribbean Cream rounding out the volume leaders on Wednesday as investors exchanged 12,985,144 shares at $58,964,309 from 33 securities. Wednesday's trading contrast with Tuesday's 4,137,638 units valued at … [Read More...]

JSE majors give up some gains

Jamaica Stock Exchange Main Market gave back some of the solid gains enjoyed on Tuesday as declining stocks outpaced declining ones and the volume and value of stocks trading rose. At the close, the JSE All Jamaican Composite Index declined by 2,732.71 points to 418,091.63, the JSE Market Index dropped 2,473.80 points to 381,213.32 and the JSE Financial … [Read More...]

JSE US$ Market index rises

The Jamaica Stock Exchange, US dollar market, had an increased number of stocks changing hands on Wednesday as overall volume and value trading rose.    Market activity resulted in five securities changing hands, with three declining and two remained unchanged. The volume of shares traded was 253,911 units with a value of US$25,811, in contrast to 159,533 … [Read More...]

TTSE trading jumps

Trading on the Trinidad and Tobago Stock Exchange resulted in a surge in market activity with the US dollar segment coming to life with nearly a million units changing hands. The market closed with seventeen securities trading with two rising, five declining and eleven holding firm. The volume of stocks passing through the market amounted to 1,221,907 … [Read More...]

138 Student Living huge gains

Revenue at 138 Student Living, jumped 31 percent for the March quarter, to $289 million from $221 million in 2019. For the six months to March, the revenue jumped 69 percent to $753 million from $445 million in 2019. 138 Student Living boasted an eye-popping turnaround in its profit before interest and taxes of 262 percent for the quarter and 588 percent … [Read More...]

More gains for Junior Market – Tuesday

The Junior Market made further gains at the close of trading on Tuesday after a break on Monday due to the long holiday weekend, gaining 14.43 points to end at 2,561.12 with prices of 11 securities rising, nine declining and 12 remained unchanged. Investors traded 32 securities, resulting in an exchange of 4,137,638 units valued at $10,997,880 compared to … [Read More...]

JSE Main Market surges to monthly high

After closing on Monday for the Labour day holiday, the Main Market of the Jamaica Stock Exchange roar back to life after falling on Friday, with the market indices jumping more than 6,000 points and wiping out Friday's losses to close at the highest level since the April 22. At the close, the JSE All Jamaican Composite Index advanced by 6,794.20 points to … [Read More...]

JSE US$ Market slips

Trading on the US dollar market of Jamaica Stock Exchange closed on Tuesday, with higher volume and value of stocks changing hands than on Friday, but ended with just three securities switching ownership. Market activity ended, with the price of one stock rising, one declining and one remaining unchanged. Trading resulted in the exchange of 159,533 units … [Read More...]

Several TTSE stocks rise – Tuesday

Trading on the Trinidad and Tobago resumed on Tuesday after closing on Monday for a public holiday with rising stocks outpacing declining one by a wide margin. At the close, the T&T Composite Index gained 0.22 points to 1,283.31. The All T&T Index declined by 2.16 points to 1,725.88, while the Cross Listed Index rose 0.36 points to close at … [Read More...]

Sweet sales but Bun’s profit drops

Revenues climbed 12 percent at Honey Bun for the March quarter to $454 million, but rising direct and administrative cost drove profit down 39 percent to $43 million from $71 million for the second quarter last year.  The deterioration started with a 5 percent decline in gross profit margin for the quarter, from 50 percent to 47 percent. The six months … [Read More...]

BUY RATED General Accident jumps 28%

The big news for the past week was a 28 percent jump in the price of General Accident shares, following the release of the first-quarter results. The stock last traded at $6.01 after rising to a high of $6.63 on Friday and dropped out of the Junior Market TOP 10. During the week, investors pushed the Junior Market up 4 percent but barely moved the … [Read More...]

JSE Main market drops

Jamaica Stock Exchange Main Market declined at the close of trading on Friday, with an increased volume of stocks trading, but at a lower value than on Thursday. At the close, the JSE All Jamaican Composite Index declined 2,739.44 points to 414,030.14, the JSE Market Index dropped 2,589.23 points to 377,364.54 and the JSE Financial Index lost 0.66 points to … [Read More...]