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Breaking News
BOJ CD rate drops to 6.65%
At today's auction of Certificate of deposits, Bank of Jamaica received 193 bids amounting to $18.33 billion for $12 billion in 30 days CDs of which 159 bids were successful at an average rate of 6.65 … [Read More...]
The JSE bottomed & heading up
Sell in May and go away is an adage for many investors. It may sound glib, but it is based on years of solid experience, so investors should not take it lightly. Stocks do not move straight up and discount … [Read More...]
Latest CD rate matches BOJ’s ON rate
Last week, the Bank of Jamaica received 251 bids amounting to $49.31 billion for an offer of certificate of deposits (CDs) amounting to $45 billion resulting in 220 successful bids. The … [Read More...]
Bluedot seat count way off mark
Bluedot latest polls positing a seat count of 33 to 30 is so way off the mark it is not worth paying serious attention, the actual polls numbers would compute to a heavy defeat for the PNP and if margin of … [Read More...]
Company News
Flat revenues for Jamaica Broilers
Investing in undervalued stocks is a great way to make money in the stock market. Sometimes it requires patience, a trait that is a big virtue in picking stocks that will be great performers in the future. … [Read More...]
Profit more than doubled at Caribbean Cream
Revenues jumped an impressive 26 percent to $764 million at Caribbean Cream, for the first quarter to May this year, from a year ago when there was no growth in revenues. The latest figures are in line … [Read More...]
Profit slows in Q3 at Scotia Group
Profit grew just 7.5 percent in the July 2024 quarter even as revenues climbed nearly 19 percent, to $5.46 billion from $5.07 billion in 2023 at Scotia Group, increased provisions for loan losses and lower … [Read More...]
Scotia Group hikes dividend
Scotia Group increases dividend payment by 12.5 percent to 45 cents per share, to be paid in October. The payment brings to $1.65 the amount paid per share for the year to date amounting to a total of … [Read More...]
Featured Categories
JSE Main Market drops
Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 46 percent and the value 22 percent more than on Thursday, with trading in 61 securities compared with 57 on Thursday, with prices of 24 stocks rising, 24 declining and 13 ending unchanged. The market closed with 19,318,065 shares being traded at … [Read More...]
Falling stocks dominate JSE USD market
The Jamaica Stock Exchange US dollar market slipped at the close of trading on Friday, with the volume of stocks traded rising 174 percent with a 1,115 percent surge in value from Thursday, resulting in the exchange of eight securities, compared to six on Thursday with prices of three rising, five declining and no ending unchanged. The market closed with an … [Read More...]
Big Junior Market drop
The Junior Market of the Jamaica Stock Exchange took a big hit on Friday, with the Market Index skidding 62.72 points to 3,778.39 following trading in 40 securities compared with 43 on Thursday and ending with prices of 18 rising, 15 declining and seven closing unchanged after a 27 percent decline in the volume of stocks traded, with a 17 percent greater … [Read More...]
Red letter day for the Jamaica stock market
The Jamaica Stock Exchange suffered declines in all markets at the end of trading on Friday, following an increase trading with the number and value of stocks changing hands climbed above trading on Thursday, resulting in prices of 37 shares rising and 35 declining. At the close of trading, the JSE Combined Market Index declined 2,747.67 points to … [Read More...]
Trading surges on Trinidad Stock Exchange
Rising stocks lifted the Trinidad and Tobago Stock Exchange moderately higher on Friday, following a 1,049 percent surge in the volume of stocks traded carrying 636 percent more value than Thursday and resulting in 19 securities trading up from 15 on Thursday and ending with prices of six stocks rising, 10 declining and three ended firm. The market closed … [Read More...]
Gains for SJE Main Market
Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks passing through the market rising 12 percent and the value 28 percent more than on Wednesday, with trading in 57 securities, similar to Wednesday and ending with prices of 23 stocks rising, 26 declining and eight ending unchanged. The market closed on Thursday … [Read More...]
Junior Market wipes out 2024 loss
The Junior Market of the Jamaica Stock Exchange closed on Thursday, with Market Index gaining 15.27 points to close at 3,841.11.ending the day a mere 0.20 percent lower than the close in 2023 as investors traded 43 securities compared with 45 on Wednesday, ending with prices of 18 rising, 17 declining and eight closing unchanged following a 49 percent … [Read More...]
Gains for Main & Junior Markets
Stocks mostly traded lower on the Jamaica Stock Exchange on Thursday with the volume and value of market activity declining compared with trading on Wednesday leaving the Main and Junior Market with modest gains and the JSE USD market closing moderately lower as trading ended with prices of 31 shares rising and 41 declining. At the close of trading, the … [Read More...]
Mixed Trading in Trinidad
Stocks ended with mixed on the Trinidad and Tobago Stock Exchange on Thursday, following a 65 percent decline in the volume of stocks traded with a 93 percent lower value than on Wednesday resulting in 15 securities trading compared with 17 on Wednesday and ending with prices of five rising, six declining and four ended firm. The market closed with trading … [Read More...]
JSE USD Market slips on Thursday
The Jamaica Stock Exchange US dollar market closed on Thursday, with the volume of stocks traded rising 553 percent with a 72 percent greater value than on Wednesday, resulting in an exchange of six securities, compared to seven on Wednesday with prices of three rising, one declining and two ending unchanged. The market closed after an exchange of 501,008 … [Read More...]
Financial stocks dominate Junior Market
Stocks of financial services companies controlled the top two spots of rising stocks with a third in the fifth position on Wednesday, with the Junior Market Index advancing 8.56 points to settle at 3,825.84 after the market traded up 3,872 points in the early morning session before giving back most of the early gains as trading activity closed on the Junior … [Read More...]
Decline for JSE Main Market
The Jamaica Stock Exchange Main Market dived at the close of trading on Wednesday, following activity in 60 securities compared with 57 on Tuesday, with prices of 15 stocks rising, 18 declining and 24 ending unchanged resulting in a marginal decline in the volume of stocks traded as the value climbed 26 percent over Tuesday. The market closed with … [Read More...]
