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16 01, 2020

Monthly inflation rate of 0.5% for December 2019

2020-01-16T14:47:08-05:00

January 16, 2020 The consumer price index for the month of December 2019 increased by 0.5%, following a 1.3% increase in its index for November 2019, according to the Statistical Institute of Jamaica (STATIN). This movement was largely attributed to the upward movements in the division of ‘Food and Non-Alcoholic Beverages’ by 0.5% and ‘Housing,

16 01, 2020

Overseas Headlines-January 16, 2020

2020-01-16T08:42:47-05:00

January 16, 2020 United States: Trump’s Senate Trial Kicks Off With GOP Moderates Under Pressure “Donald Trump’s impeachment moves to the GOP-controlled Senate where the president and Democrats will battle over a small group of Republicans whose votes will determine the course of a trial on whether he should be removed from office. The Senate

15 01, 2020

BOJ – Statement on the FX Market

2020-01-16T08:46:25-05:00

January 15, 2020 Click below for press release from BOJ. The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited

15 01, 2020

PJX reports nine months net profit of US$1.19 million

2020-01-15T16:35:03-05:00

Date: January 15, 2020 Portland JSX Limited (PJX), for the nine months ended November 30, 2019, net gain on financial assets classified as at fair value through profit and loss amounted to US$1.94 million compared to a loss of US$551,463 in 2018. PJX recorded net gain on financial assets classified as at fair value through

15 01, 2020

Special Advisory: Wigton Windfarm Limited (WIG)

2020-01-15T15:15:23-05:00

January 15, 2020 Wigton Windfarm Limited (WIG) has advised of the appointment of Ernst & Young Services Limited to conduct internal audit services over a three-year period with effect from January 13, 2020. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be

15 01, 2020

Special Advisory: Pulse Investments Limited (PULS)

2020-01-15T15:15:02-05:00

January 15, 2020 Pulse Investments Limited (PULS) has advised of changes to its advisory of December 31, 2019 regarding 2 resolutions to be considered, and if thought fit, passed at its Annual General Meeting scheduled for February 18, 2020. Resolution 2 which states “That the Directors of the Company be authorized to determine the terms

15 01, 2020

Special Advisory: NCB Financial Group Limited (NCBFG)

2020-01-15T15:14:39-05:00

January 15, 2020 NCB Financial Group Limited (NCBFG) has advised that through its wholly owned subsidiaries, National Commercial Bank Jamaica Limited (NCBJ) and NCB Capital Markets Limited (NCBCM), continues its digital penetration strategy via enhancements to NCBCM’s GoIPO platform – an online resource that facilitates the electronic processing of initial public offer applications to make

15 01, 2020

MTL reports 12% increase in six months net profits

2020-01-15T15:11:20-05:00

January 15, 2020 Margaritaville (Turks) Limited (MTL), for the six months ended November 30, 2019 reported that revenues increased by 8% for the period to US$3.86 million (2018: US$3.56 million). The second quarter’s revenue totalled US$1.83 million (2018: US$1.74 million), a 5% increase. For the six months, Management stated that revenue, “was earned from the

15 01, 2020

ECL reports 8% increase in six months net profits

2020-01-15T13:57:06-05:00

January 15, 2020 Express Catering Limited (ECL) for the six months ended November 30, 2019 reported a 9% increase in revenue to US$7.81 million (2018: US$7.18 million). Revenue for the quarter advanced 5% to close at $3.28 million relative to $3.12 million reported the previous year. According to Management, “This is quite favourable, with the

15 01, 2020

Overseas Headlines-January 15, 2020

2020-01-15T08:22:28-05:00

January 15, 2020 United States: Housing Upswing to Cushion U.S. Economy From Sluggish Investment “A rejuvenated U.S. housing market will help keep the economy chugging along despite the threat posed by a derailment in corporate spending. Home construction outlays, which account for almost 4% of gross domestic product, increased for a fifth straight month in November, marking

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