November 16, 2018 Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) unchanged at 2.00 per cent. This decision reflects the Bank’s assessment that inflation will approach the upper end of the 4.0 per cent to 6.0 per cent target by June
Date: November 16, 2018 Elite Diagnostics Limited (ELITE), for the three months ended September 30, 2018 reported that Revenue increased by 22% to total $85.44 million compared to $69.82 million for the same period in 2017. The company highlighted, “Revenues from the Liguanea location amounted to $23.7M for the quarter as compared to the previous
Date: November 16, 2018 SSL Venture Capital Jamaica Limited (SSLVC) reported revenues of $58.56 million compared to $727,204 in the prior year. For the quarter, revenue amounted to $58.51 million (2017: $352,864). Management highlighted that, “revenue was generated via the company’s Venture Capital operations. In keeping with our investment strategy, SSL Ventures purchased equity stakes
Daily Market Summary 16.11.18 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 and may be unlawful. Mayberry may
November 16, 2018 Jamaica Stock Exchange (JSE) has advised that a Director and a connected party purchased a total of 39,251 JSE shares. The JSE further advises that a connected party sold 67,165 JSE shares. These transactions were conducted during the period November 13 to 14, 2018.
November 16, 2018 Jamaica Public Services Limited (JPS) has advised that at a meeting held on November 12, 2018, the Board of Directors approved a dividend payment of Two Million Three Hundred and Thirty-Two Thousand Eight Hundred and Twenty-Seven United States Dollars and Nine Cents (US$2,332,827.09) or 0.94999999 United States Cents per share/stock on the
Date: November 16, 2018 Consumer Price Index – October 2018 The consumer price index for the month of October 2018 increased 0.7%, following the 1.1% increase in September 2018, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of October advanced to 257.4, relative to the 255.6 reported for
Date: November 16, 2018 NCB Financial Group Limited (NCBFG) – Trinidad and Tobago Security and Exchange Commission (TTSEC) Hearing and Guardian Holdings Limited Take-Over Bid. Please click below for further information Order-of-the-Trinidad-and-Tobago-Security-and-Exchange-Commission-TTSEC-dated-November-5-2018 Proceedings-before-the-Trinidad-and-Tobago-Security-and-Exchange-Commission-TTSEC
November 16, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
Date: November 16, 2018 United States: World's Biggest Dollar Bull Doubles Down on Euro Pain for 2019 The world’s biggest dollar bull is sticking to his guns as the U.S. economy powers ahead and dangles some of the highest interest rates versus Europe in history. Wall Street’s “America First” playbook in 2019 will pack more
