Feature Stories
Breaking News
Downward trend of murders in Jamaica
Murders in Jamaica have been on the increase since 1962, the year of independence and surged sharply after, averaging just under 1,000 per year between 1996 and 2003, peaking between 2004 to 2010 with an … [Read More...]
General Accident to jump Junior Market
General Accident Insurance advises that it has successfully applied for graduation of its listed ordinary shares from the Junior Market to the Main Market of the Jamaica Stock Exchange, which will take … [Read More...]
Jamaica’ NIR jumps to record high
Jamaica’s net international reserves continue to scale new heights closing at the end of August 2023 jumped US$299 million to a record month end balance of US$4.43 billion, up from US$4.13 billion at the … [Read More...]
Sharp jump in tourist arrivals in July
Visitor arrival numbers passing through the Montego Bay Sangster International Airport jumped sharply by 19.4 percent to 513,700 in July this year compared with 430.400 in 2022, Grupo Aeroportuario del … [Read More...]
Company News
Lab’s sharp turnaround in fortunes
A sharp turnaround in the fortunes of advertising agency, Limners and Bards was manifested in the July quarter, with revenues and profit rising above those in the same period in 2022 and represents a … [Read More...]
General Accident to jump Junior Market
General Accident Insurance advises that it has successfully applied for graduation of its listed ordinary shares from the Junior Market to the Main Market of the Jamaica Stock Exchange, which will take … [Read More...]
Profit surges 74% at Scotia Group
Scotia Group generated a huge 74 percent jump in net profit to $12.8 billion for the nine months to July 2023 over $7.3 billion in 2022. Profits for the quarter rose a much more subdued 40 percent to $5.16 … [Read More...]
Healthy climb in profit at Wisynco
Profit jumped 21 percent at Wisynco Group to a record $4.9 billion for the year to June, this year after corporation tax, over the 2022 earnings, resulting in earnings per share of $1.31 from sales … [Read More...]
Featured Categories
Trading plunges on the Trinidad Exchange
Fresh from closer of trading on the Trinidad and Tobago Stock Exchange on Monday due to a public holiday, the market reopened on Tuesday, with a sharp 84 percent fall in the volume of stocks traded, with the value diving 82 percent lower than on Friday and from trading in 15 securities, down from 19 on Friday, with six stocks rising, three declining and six … [Read More...]
Lab’s sharp turnaround in fortunes
A sharp turnaround in the fortunes of advertising agency, Limners and Bards was manifested in the July quarter, with revenues and profit rising above those in the same period in 2022 and represents a reversal of the trend of declines during the first two quarter of the year with a 31 percent revenues decline with profit plunging 83 percent for the half year. … [Read More...]
Remittances to Jamaica slip
Remittance inflows to Jamaica in July 2023 amount to US$303 million and represent a decline of 0.09 percent or US$2.7 million in comparison to July 2022 and is the 4th month of decline for the year to date, according to data released by the country’s Central Bank. For the January to July 2023 period, remittance inflows to Jamaica amount to US$1,952 million, … [Read More...]
JSE USD Market rallies on Monday
Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with a 70 percent decline in the volume of stocks changing hands but valued 287 percent more than on Friday, resulting in trading in nine securities, compared to eight on Friday with two rising, three declining and four ending unchanged. , 175,984 shares were traded, for US$39,421 … [Read More...]
JSE Main Market rallies on trading bounce
Trading picked up on the Jamaica Stock Exchange Main Market ended on Monday, with a 263 percent jump in the volume of stocks traded following a 27 percent rise in the value over market activity on Friday, after 54 securities were traded compared with 50 on Friday, with 19 rising, 17 declining and 18 ending unchanged leading to a rise in the market indices at … [Read More...]
Trading up Junior Market prices down
Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising 7 percent and the value 15 percent more than on Friday after trading took place in 46 securities compared with 44 on Friday and ended with 12 rising, 20 declining and 14 closing unchanged on a day that closed with the market index … [Read More...]
JSE Main Market index jumps
Trading picked up on the Main Market of the Jamaica Stock Exchange on Monday, leading to a rise in the market indices but trading on the Junior Market slipped lower and pulled the index down but the JSE USD Index rose, with trading volume falling compared with trading on Friday. The JSE Combined Market Index rose 3,102.28 points to close at 329,355.29, the … [Read More...]
61% over the top
One Great Studio Initial Public Offer of shares earlier this month was 61 percent oversubscribed in successfully raising just over $338 million. The stock commenced trading on Tuesday last week on the Jamaica Stock Exchange Junior Market and became the 49 listed Junior Market company but that won’t last that way for long as General Accident is expected to … [Read More...]
Solid gains for ICTOP10 stocks
The ICTOP10 stocks racked up some solid gains to close out the past week, even as the Jamaica Stock Exchange Junior and the Main Market that suffered losses last week declined further this past week. The Main Market had just two stocks with notable price changes this past week, with Scotia Group jumping 13 percent to $34 and Key Insurance slipping 8 … [Read More...]
Trading climbs on JSE USD Market
Trading picked on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 688 percent valued 309 percent more than on Thursday, resulting in the trading of eight securities, up from six on Thursday with prices of three rising, four declining and one ending unchanged. Overall, 580,017 shares were traded, … [Read More...]
Losing stocks edged winners on Main Market
More funds flowed into trading activity on the Jamaica Stock Exchange Main Market on Friday, but it bought 41 percent fewer shares valued 79 percent more than on Thursday, after trading ended with 50 securities changing hands compared with 54 on Thursday, with 18 rising, 21 declining and 11 ending unchanged. Overall, 3,872,550 shares were traded for … [Read More...]
Investors cooled on One Great Studio
Trading cool in on shares of One Great Studio at the close of the Junior Market of the Jamaica Stock Exchange on Friday, with less than 2 million shares trading compared to more than 14 million units traded in each of the previous three days as such Friday’s volume dropped sharply 68 percent with a 59 percent lower the value of stocks being traded but the … [Read More...]
