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Jamaica’s historical low unemployment

The unemployment rate fell to its lowest level on record, with January 2019 unemployed falling 1.6 percentage points from 9.6 percent in January 2018 and ending at was 8 percent for the first month of … [Read More...]

How the east was won?

Anne Marie Vaz increased her party’s support by a stunning 58 percent, over the JLP’s haul in the 2016 General Election to win the East Portland by-election on Thursday with just 11 votes less than … [Read More...]

IC Insider spot on for Portland by-election

In an article published March 10, IC insider.com had this to say about polls, “observation of public polls for individual constituencies published in the past, show them to be unreliable, although they may … [Read More...]

Wigton Windfarm IPO out very soon

Report reaching IC Insider.com is that the long awaited prospectus for Wigton Windfarm is due this week. The stock is set to come to the market at 50 cents each. According to the government’s public … [Read More...]

Company News

JP sell 30% of JP Snacks to Wisynco

Jamaica Producers Group and Wisynco Group entered into an agreement that see the transfer 30% of the shares in JP Snacks Caribbean (‘JP Snacks’) to Wisynco Group. JP Snacks Caribbean is a holding company … [Read More...]

More $$s chased Trinidad stocks – Tuesday

More dollars chased less stocks in trading on the Trinidad & Tobago Stock Exchange on Tuesday with 14 securities changing hands, compared 18 on Monday. At the close, investors exchanged 218,204 … [Read More...]

Profit rises 29% at PanJam

Trading income at PanJam Investment grew a strong 35 percent to $3.26 billion for 2019 while operating expenses rose just 7 percent to $1.7 billion leading to a 66.6 percent increase in operating profit of … [Read More...]

Sagicor’s good profit poor presentation

Financial statements are meant to be understood by users. As most readers are not likely to be trained in accounting, the statements should be prepared in a manner for the average user to understand. The … [Read More...]

Featured Categories

Sharp jump in JSE indices – Thursday

Sagicor Group jumped $5.50 to help push the All Jamaican Composite Index a healthy 6,934.04 points to close at 427,060.76 on Thursday while the JSE Index jumped a sizable 6,301.17 points to 389,076.82. Market activity picked up on the main market of the Jamaica Stock Exchange with 3,564,657 units valued $53,154,918 traded compared to 3,197,837 units valued … [Read More...]

Junior Market trading drops – Thursday

The Junior Market of the Jamaica Stock Exchange closed with volume dropping 67 percent and value down 69 percent from Wednesday’s levels, but the market index rose 22.78 points to 2,976.02. Trading resulted in an exchange of 971,622 units valued at $3,078,345 compared to 2,931,075 units valued at $10,007,520 on Wednesday. Investors exchanged 24 pushed … [Read More...]

Volume picks up on TTSE – Thursday

Market activity on the Trinidad & Tobago Stock Exchange ended on Thursday with trading in 11 securities against 20 on Wednesday, with 2 advancing, 3 declining and 6 remaining unchanged and West Indian Tobacco ending at a 52 weeks’ high. At close of the market, the Composite Index fell 0.93 points to 1,330.30. The All T&T Index declined 1.85 points … [Read More...]

JSE trading boosted – Wednesday

Market activity picked up on the main market of the Jamaica Stock Exchange on Wednesday with 3,197,837 units valued $101,850,841 traded compared to 1,271,826 units valued $41,461,461 on Tuesday. At the close of the market, the JSE All Jamaican Composite Index increased by 272.70 points to 420,126.72 and the JSE Index advanced 247.81 points to close at … [Read More...]

Volume dives on TTSE – Wednesday

The volume and value of stocks trading on the Trinidad & Tobago Stock Exchange dived on Wednesday but the number of securities changing hands rose to 20, compared 14 on Tuesday but 7 were for a mere 10 units each. At the close, investors exchanged 56,743 shares for $2,324,434 compared to 218,204 shares at $5,294,306, on Tuesday. The market closed with … [Read More...]

Junior Market trading climbs – Wednesday

The Junior Market of the Jamaica Stock Exchange closed with volume rising 85 percent and value increasing 104 percent over Tuesday’s levels, but the market index lost 13.59 points to 2,953.24, down 9 percent for 2019 so far. Trading resulted in an exchange of 2,931,075 units valued at $10,007,520 compared to 1,586,013 units at $4,904,015 on Tuesday. … [Read More...]

Wigton IPO weights on JSE trading – Tuesday

Investors focus on the Wigton Windfarm initial public share offer that opens this Wednesday, continue to cast a shadow over the rest of the market, leading to reduced trading with just 1,271,826 units valued at over $41,461,461 exchanged on Tuesday compared to 1,439,179 units valued at just $37,607,638 on Monday. Reports are that more than 4,500 … [Read More...]

Junior Market trading climbs – Tuesday

The Junior Market of the Jamaica Stock Exchange closed with volume and value increasing more than 80 percent over Tuesday, with the market index losing 11.81 points to 2,966.83. Investors exchanged 21 securities, down from 22 on Monday with prices of 9 rising 8 falling, leaving 4 unchanged. IC bid-offer Indicator| At the end of trading, the Investor’s … [Read More...]

JP sell 30% of JP Snacks to Wisynco

Jamaica Producers Group and Wisynco Group entered into an agreement that see the transfer 30% of the shares in JP Snacks Caribbean (‘JP Snacks’) to Wisynco Group. JP Snacks Caribbean is a holding company that will own the “JP St. Mary’s” brand and JP’s tropical snack manufacturing operations in which JP will hold the remaining 70 % percent of the … [Read More...]

More $$s chased Trinidad stocks – Tuesday

More dollars chased less stocks in trading on the Trinidad & Tobago Stock Exchange on Tuesday with 14 securities changing hands, compared 18 on Monday. At the close, investors exchanged 218,204 shares at $5,294,306, compared to 372,356 shares at $3,109,288 on Monday. The market closed with 4 stocks rising, 3 declining and 7 remaining unchanged. At the … [Read More...]

Jamaica’s historical low unemployment

The unemployment rate fell to its lowest level on record, with January 2019 unemployed falling 1.6 percentage points from 9.6 percent in January 2018 and ending at was 8 percent for the first month of 2019. The fall in the unemployed number arose from an increase in the Employed Labour Force for January 2019 of 1,232,700, some 28,600 or 2.4 percent more … [Read More...]

Jamaica’s inflation up 0.8% in March

Inflation in Jamaica rose 0.8 percent in March and brings the year to 0.7 percent date data released by the Statistical Institute of Jamaica (STATIN) shows and the fiscal year inflation to 3.4 percent. According to Statin, the movement was mainly attributable to a fall of 0.9 percent in the index for the heaviest weighted division Food and Non-Alcoholic … [Read More...]