Brent Oil Brent oil prices decreased by 2.66% or US$2.04, as prices declined this week. Oil traded on November 01, 2018 at a price of US$74.66 per barrel relative to US$76.70 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.94% (JMD$1.29). Additionally,
November 01, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
Date: November 1, 2018 United States: U.S. Productivity Posts Best Back-to-Back Quarters Since 2015 Productivity gains in the U.S. posted the best back-to-back quarters since 2015, echoing a pickup in economic growth and offering some hope that faster expansion without stoking inflation is possible. The main measure of nonfarm business employee output per hour increased
October 31, 2018 Kingston Properties Limited (KPREIT) has advised that the Company has completed the acquisition of a four-storey, 32,000 square feet commercial building located at 52-60 Grenada Crescent in New Kingston. The purchase now brings to a total of three properties held in Jamaica. The building is fully tenanted with a wide cross section
October 31, 2018 Jamaica Broilers Group Limited (JBG) has advised that a Director sold 500,000 JBG shares and that a connected party purchased 622,866 JBG shares. These transactions were conducted on October 26, 2018.
October 31, 2018 PanJam Investment Limited (PJAM) has advised that at a meeting of the Board of Directors scheduled for Monday, November 12, 2018 consideration will be given to the payment of an interim dividend to shareholders of the Company.
October 31, 2018 Carreras Limited (CAR) has advised that at a Board of Directors’ meeting scheduled to be held on November 7, 2018 consideration will be given to the payment of an interim dividend to shareholders of the Company.
October 31, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
Date: October 31, 2018 United States: Treasury Lifts Long-Term Debt Sales for Fourth Straight Quarter The U.S. Treasury Department will raise the amount of long-term debt it sells to $83 billion this quarter, again concentrating its increases of coupon-bearing debt on securities with five years or less to maturity. In its quarterly refunding announcement on
October 30, 2018 Sagicor Group Jamaica Limited (SJ) has advised that a related party sold 6,000 SJ shares on October 22, 2018.
