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Huge blast at Carib Cement

Caribbean Cement is reporting another quarter of blow profits with revenues of $6.3 billion, up 32.6 percent over the $4.78 billion in the 2020 June quarter. Revenues blasted 32 percent to $12.3 billion … [Read More...]

Fontana coming to Portmore

Fontana announced plans to open its 7th location in Portmore, St. Catherine to be located at Braeton Parkway and Municipal Drive, adjacent to the new Pricemart and is expected to be opened late 2022 or … [Read More...]

June stopover visitor arrivals set for 160,000

Stopover arrivals in May 2021 were 122,522 Jamaica Tourist Board recently released data shows, just over 2,500 above ICInsider.com original May forecast. Data of passenger arrivals through the Sangster’s … [Read More...]

Stunning results from ICTOP10 stocks

Caribbean Cream delivered stunning positive results this past week with profit doubling, in line with ICInsider.com forecast and sent the stock up 25 percent to a 52 weeks’ high when it traded at $6.85 on … [Read More...]

Company News

Profit up for Jamaica Stock Exchange

Fee income climbed 23 percent from $273 million in the 2020 June quarter to $336 million and rose marginally for the year to date to $646 million from $635 in 2020, but income from other sources was mainly … [Read More...]

Profit jumps 33% at Carreras but..

Sale revenues for the June quarter this year jumped 27 percent to $3.4 billion at Carreras, from a depressed $2.7 billion in 2020, with profit after corporate taxes surging 33 percent to $863 million from … [Read More...]

GraceKennedy blast profits higher

GraceKennedy earned a 12 percent rise in revenue to $63.4 billion, up from $54.4 billion in the 2020 corresponding period. Revenues for the June quarter rose 15.8 percent from $26.6 billion to $30.8 … [Read More...]

Huge blast at Carib Cement

Caribbean Cement is reporting another quarter of blow profits with revenues of $6.3 billion, up 32.6 percent over the $4.78 billion in the 2020 June quarter. Revenues blasted 32 percent to $12.3 billion … [Read More...]

Featured Categories

Change in ICTOP10 picks

Mid-year results are now flowing unlike anything seen in the local market in recent years. Most companies reported gains in revenues and profits, but investors’ interest seems lukewarm in the aftermath of the results, even as interest in ICTOP10 number 1 stock, Radio Jamaica (RJR) continues to be robust as more investors turn their eyes to what is a major … [Read More...]

Profit up for Jamaica Stock Exchange

Fee income climbed 23 percent from $273 million in the 2020 June quarter to $336 million and rose marginally for the year to date to $646 million from $635 in 2020, but income from other sources was mainly flat to declining in both periods for the leading stock exchange in the Caribbean operated by the Jamaica Stock Exchange. Revenues climbed 16.7 percent … [Read More...]

Profit jumps 33% at Carreras but..

Sale revenues for the June quarter this year jumped 27 percent to $3.4 billion at Carreras, from a depressed $2.7 billion in 2020, with profit after corporate taxes surging 33 percent to $863 million from $651 million in 2020. The latest results, while looking impressive, have resulted mainly from a 27 percent fall in revenues in the 2020 June … [Read More...]

Junior Market rallies to close out July

The market closed on Friday, with the volume of stocks traded declining by 33 percent and the value slipping 29 percent from Thursday outcome, after 34 securities traded, similar to Thursday, with prices of 12  rising, 10 falling and 12 closing unchanged leading the Market Index to spike 14.49 points to close at 3,322.77 on the Jamaica Stock Exchange Junior … [Read More...]

Stocks closed out July mixed on the TTSE

Market activity ended on Friday, with a 375 percent spike in the number of shares trading, with the value surging 485 percent above Thursday outturn, resulting in an equal number of stocks rising and falling at the close of trading on the Trinidad and Tobago Stock Exchange. At the close, 18 securities traded compared to 15 on Thursday, with an equal number … [Read More...]

Junior Market ekes out gains on Thursday

Trading closed with the Junior Market advancing, with a modest rise in the market index on Thursday as the volume of stocks traded plunged 75 percent and the value dipped 76 percent from Wednesday and leaving declining stocks muscling out those rising. A total of 34 securities traded on Thursday, up from 33 on Wednesday and ended with the prices of 11 … [Read More...]

Mixed trading for JSE Main Market

On the penultimate trading day of July, market activity ended with mixed on Thursday, just one stock separating stocks rising and declining after an exchange of 18 percent fewer shares, with 41 percent higher value than on Wednesday at the close of the Jamaica Stock Exchange Main Market. The All Jamaican Composite Index added just 48.11 points to end at … [Read More...]

JSE US Market crawls back on Thursday

Trading on the USD market closed on Thursday with an exchange of 59 percent fewer shares at 94 percent less value than on Wednesday, resulting in an even number of stocks rising and falling. Trading ended with five securities changing hands, up from four on Wednesday, with the prices of two rising,  two declining and one remaining unchanged. The JSE USD … [Read More...]

GraceKennedy blast profits higher

GraceKennedy earned a 12 percent rise in revenue to $63.4 billion, up from $54.4 billion in the 2020 corresponding period. Revenues for the June quarter rose 15.8 percent from $26.6 billion to $30.8 billion. Profit before tax for the half year was up 20.4 percent to $5.4 billion, reflecting an improvement over the $2.5 billion in 2020 and climbed 15.6 … [Read More...]

Low trading for Trinidad stocks

Declining stocks outpaced those rising almost two one at the close of market activity on Thursday, with an 11 percent rise in the volume of shares trading over Wednesday activities, even as the level of trading remains subdued, resulting in mixed fortune for the Trinidad and Tobago Stock Exchange. At the close, 15 securities traded compared to 16 on … [Read More...]

Huge blast at Carib Cement

Caribbean Cement is reporting another quarter of blow profits with revenues of $6.3 billion, up 32.6 percent over the $4.78 billion in the 2020 June quarter. Revenues blasted 32 percent to $12.3 billion for the half year compared to $9.3 billion. The second quarter revenues growth beats the 31 percent rise in the first quarter as well as exceeding by 6.4 … [Read More...]

Strong rebound for Main Market on Wednesday

Market activity ended on Wednesday with the indices rebounding strongly after advancing stocks outnumbered declining ones, with the volume of shares traded up 5 percent, but the value dropped 44 percent lower than on Tuesday at the close of the Jamaica Stock Exchange Main Market. At the close at trading, the All Jamaican Composite Index bolted 4,368.07 … [Read More...]