Feature Stories

Breaking News

Early Xmas present for Jamaicans

Consumers are set to get early Christmas present thanks to a sharply appreciating local dollars and a big drop in the price of oil. The price of West Texas Crude oil is now down to 55.73 per barrel for … [Read More...]

Lowest unemployment for Jamaica

Jamaica’s unemployment dropped to the lowest on record at 8.4 percent in July 2018, down from July 2017 when the rate was 11.3 percent. The previous lowest unemployed rate was 8.6 percent reached on … [Read More...]

BOJ FX auction rate drops $1 to $132.75

The average rate for the sale of the US$10 auction sale by Bank of Jamaica in its regular B-FXITT Standard Intervention on Wednesday, fell by $1 to $132.74 this week from $133.75, in the previous week’s … [Read More...]

All Jamaica hits record 418,000

Jamaica Stock Exchange All Jamaica Composite index hit the 418,000 mark in trading on Monday, as it gained 1,044.42 points to reach a record 418,000.53. The JSE Main Index rose 951.59 to a record … [Read More...]

Company News

Sterling’s stock split effective November 27

The record date of the recently approved 5 for 1 stock split for Sterling Investments will be November 27, the company announced. The split aimed at increasing the liquidity of the stock was approved by … [Read More...]

Public gets small amount of Seprod shares

Just under 92 million shares of Seprod were offered for sales by Facey Group in October and was oversubscribed. All applications for Reserve Shares in the offer were fully allocated, according to a release … [Read More...]

Profit up 10% at Wisynco

Profit before taxation at Wisynco for the September quarter, increased or 15.7 percent to $928 million over the $802 million earned in the September 2017 quarter. For the September 2018 quarter … [Read More...]

Seprod shares attract nearly 4,000 applicants

Many investors who applied for Seprod's shares that were sold publicly in October will end up getting a relatively small allocation with nearly 4,000 applications chasing the 91.9 million Seprod shares … [Read More...]

Featured Categories

Republic in big fall takes TTSE with it

Republic Financial dropped $7.24 and the large capitalized stock, First Caribbean International Bank shed 15 cents along with 7 other companies declined to put a big dent into the market indices on the Trinidad & Tobago Stock Exchange on Wednesday. Market activities ended with 19 securities trading versus 16 on Tuesday, 3 advancing, 9 declining and 7 … [Read More...]

Early Xmas present for Jamaicans

Consumers are set to get early Christmas present thanks to a sharply appreciating local dollars and a big drop in the price of oil. The price of West Texas Crude oil is now down to 55.73 per barrel for the first time in almost a year. The price was at US$55.33 at the start of November last year and started to climb sharply after December to hit US$71 by … [Read More...]

MPC Caribbean Clean Energy next IPO

MPC Caribbean Clean Energy ltd is a Caribbean-based investment company set to be the next Initial Public offer in Jamaica and Trinidad simultaneously in early December. The company is being sponsored by German based MPC Capital that is publicly listed since 2000 with a market capitalization of €158 million. Trinidad regulators have already signed off on … [Read More...]

Sterling’s stock split effective November 27

The record date of the recently approved 5 for 1 stock split for Sterling Investments will be November 27, the company announced. The split aimed at increasing the liquidity of the stock was approved by shareholders at an Extraordinary General Meeting on October 8. Sterling’s most recent results to September, showed that the company's fundamentals to be … [Read More...]

JSE main market down again on Tuesday

The Jamaica Stock Exchange main market lost ground on Tuesday but with the advancing stocks just edged out declining stocks by one. Market activity closed with 30 active securities in the main and US dollar markets, compared to 29 on Monday with the prices of 10 stocks rose, 9 declined and 11 remained unchanged. The All Jamaica Composite Index lost … [Read More...]

Business confidence rising again

Corporate executives Perception of Present and Future Business Conditions increases in the latest survey done on behalf of Jamaica’ central bank for September this year. The Present Business Conditions Index increased to 106.6, up from 100.8 recorded in the previous survey in July. The Future Business Conditions Index also increased to end at 128.2 relative … [Read More...]

Junior Market pulled back on Tuesday

Stocks mostly gained at the close of trading on the Junior Market on Tuesday with the market Index declining 14.45 points to close at 3,218.50 as 25 securities changed hands versus 20 on Monday. At the close on Tuesday just, with 6 stocks rising, 10 declining and 9 remaining unchanged with an exchange of 1,254,634 units valued at $4,719,006 compared to … [Read More...]

Republic & Witco climb again on TTSE

Republic Financial climbed $1 to a 52 weeks’ high of $111 and West Indian Tobacco rose 30 cents on the Trinidad & Tobago Stock Exchange on Tuesday and remained poised for more gains. West Indian Tobacco closed higher slightly higher but closed with the bid at $94.20 to buy 3,950 shares with none on offer at the close, as investors respond to improved … [Read More...]

JSE main market in modest gain on Monday

The Jamaica Stock Exchange main market made modest gains in closing of Monday but with an adverse advance decline ratio. Market activity closed with 29 active securities in the main and US dollar markets, compared to 27 on Friday with the prices of 9 stocks rising, 12 declining and 8 remaining unchanged. The All Jamaica Composite Index rose 2 437.04 … [Read More...]

Junior Market gained on Monday

The Junior Market followed up gain on Friday with another increase on Monday with the market Index advancing 17.44 points to close at 3,232.95. At the close on Monday just 23 securities changed hands versus 20 on Friday, with 5 stocks rising, 10 declining and 8 remaining unchanged leading the Junior Market Index to gain 14.49 points to close at 3,215.12 IC … [Read More...]

Republic & Witco set for sharp jump on TTSE

Republic Financial climbed $2.95 concluded at $110 on the Trinidad & Tobago Stock Exchange on Monday and is poised to climb higher with the bid at $110 to buy 11,789 shares while the stock is offered at $120 to sell 15,407 units. The gain comes after the financial Caribbean financial powerhouse reported the acquisition of 75 percent ownership of the … [Read More...]

Public gets small amount of Seprod shares

Just under 92 million shares of Seprod were offered for sales by Facey Group in October and was oversubscribed. All applications for Reserve Shares in the offer were fully allocated, according to a release from NCB Capital Markets. 55 million shares were reserved for employees and directors and existing Seprod shareholders and the Lead Broker. … [Read More...]