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3 10, 2019

Gas Price Movement- October 03, 2019

2019-10-03T17:24:09-05:00

Brent Oil Brent oil prices decreased by 8.64% or US$5.42, as prices decreased this week relative to the prior week. Oil traded on October 03, 2019 at a price of US$57.32 per barrel relative to US$62.74 on September 26, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices decreased

3 10, 2019

Overseas Headline- October 3, 2019

2019-10-03T14:04:05-05:00

  United States:  U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months “The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown. But for the September jobs report due Friday, Wall Street economists

2 10, 2019

SSLVC reports year end net loss of $45.59 million

2019-10-03T22:20:08-05:00

Date: October 02, 2019 SSL Venture Capital Jamaica, for the year ended June 30, 2019, reported revenues of $332.27 million versus $510,419 reported in the prior year. The Company noted that, “this level of revenue growth is expected to continue the upward trend for the foreseeable future as we strengthen the capacity of the business

2 10, 2019

Trade in Shares: Jamaica Producers Group Limited (JP)

2019-10-02T20:17:05-05:00

October 2, 2019 Jamaica Producers Group Limited (JP) has advised that on September 30, 2019, a Director sold 1,000,000 JP shares and a connected party purchased 1,000,000 JP shares. Company Disclosure -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

2 10, 2019

Special Advisory: NCB Financial Group Limited (NCBFG)

2019-10-02T20:17:03-05:00

October 2, 2019 NCB Financial Group Limited (NCBFG) has advised that the Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded the regional scale issuer Ratings of NCBFG to CariA+ (Local Currency) and CariA (Foreign Currency) and reaffirmed the Jamaican national scale rating of jmAAA (Local Currency) and jmAA+ (Foreign Currency). Company Disclosure -The information

2 10, 2019

Special Advisory: Victoria Mutual Investments Limited (VMIL)

2019-10-02T20:16:52-05:00

October 2, 2019 Victoria Mutual Investments Limited (VMIL) has advised that the Board of Directors has appointed Mr. Vikram Dhiman to serve as Director of the Company effective October 4, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are

2 10, 2019

Special Advisory: Sagicor Group Jamaica Limited (SJ)

2019-10-02T20:17:12-05:00

October 2, 2019 Sagicor Group Jamaica Limited (SJ) advised that the sale of shares in Advantage General Insurance Company Limited (AGIC) by NCB Capital Markets Limited to an unincorporated consortium led by Sagicor Investments Jamaica Limited through its wholly owned subsidiary, Phoenix Equity Holdings Limited, was completed on September 30, 2019. Company Disclosure -The information contained

2 10, 2019

August jobless rates down over the year in 224 of 389 metro areas

2019-10-02T19:20:05-05:00

October 10, 2019 Unemployment rates trended downward for the month of August in 224 of the 389 metropolitan states compared to a year earlier. According to Bureau Labor Statistics, this was “higher in 132 areas, and unchanged in 33 areas.”  Jobless rates lower than 3% were recorded in 82 areas while 2 areas posted rates

2 10, 2019

Sagicor Group Jamaica Limited (SJ) – Acquisition of Shares in Advantage General Insurance Company Limited

2019-10-02T16:07:23-05:00

October 02, 2019   Sagicor Group Jamaica Limited (SJ) has advised that the sale of shares in Advantage General Insurance Company Limited (AGIC) by NCB Capital Markets Limited to an unincorporated consortium led by Sagicor Investments Jamaica Limited through its wholly-owned subsidiary Phoenix Equity Holdings Limited was completed on September 30, 2019. SJ further advised that

2 10, 2019

Overseas Headlines: October 2, 2019

2019-10-02T14:27:15-05:00

October 2, 2019 United States: Trump to Unveil Medicare Plan in Bid to Contrast Democrat Rivals “President Donald Trump will outline his vision for the future of Medicare this week, contrasting plans with Democrats in a speech promising to strengthen the program for the elderly and disabled. Trump is scheduled to travel to Florida on

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