The Jamaican economy recorded a 0.1% contraction for the second quarter of 2017 compared to the corresponding quarter of 2016 as indicated by the Statistical Institute of Jamaica (STATIN). The decline was attributed to a 3.3% decrease in the Goods Producing industries as the Agriculture, Forestry and Fishing and Mining and Quarrying industries declined. In
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Europe: Euro Factories Add Jobs in Struggle to Keep Up With Orders Euro-area factories are scrambling to add staff as burgeoning orders stretch capacity. A Purchasing Managers Index for the region’s manufacturing industry rose to 58.1 in September from 57.4 the previous month, London-based IHS Markit said on Monday. That compares with a preliminary reading
At the Lasco Distributors Limited’s (LASD) Annual General Meeting, Mr. Peter Chin, Managing Director, gave us a brief description of the company. He stated that the company is a Marketing and Distribution Company which has a consumer and a pharmaceutical division. He then began to speak on a few financial highlights for the company’s year-end.
Brent Oil Brent oil prices increased by 1.99%, as prices increased this week. Oil traded on September 28, 2017 at a price of 57.41 (US$/ barrel).Brent oil price opened the year at 56.90(US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 0.19% or ($0.22) . Additionally 90 Octane declined by 0.18% week
LASCO Manufacturing Limited (LASM) held its Annual General Meeting held today at the Knutsford Court Hotel. Subsequent to the opening remarks by the Executive Chairman, Honourable Lascelles A. Chin and the reading of the auditor’s report, Managing Director, James Rawle made his presentation to shareholders. In his review of the company’s performance last year, the
Lasco Financial Services Limited’s (LASF) Managing Director, Mrs. Hall-Tracey opened her address by highlighting the challenges and successes the company had over the past year and what the company will do to capitalise on opportunities and to meet the challenges. She noted that despite the closure of some outlets due to the lottery scam, the
Knutsford Express Services Limited (KEX) has advised that its Annual General Meeting has been scheduled for 10:30 a.m. on Wednesday, October 25, 2017 at Caribic Vacations Limited located at 1310 Providence Drive, Ironshore, Whitesands Beach, Montego Bay.
tTech Limited (TTECH) has advised that a Director sold 40,160 TTECH shares and that a Senior Manager purchased 40,160 TTECH shares on September 27, 2017.
JMMB Group Limited (JMMBGL) has advised that a connected party sold a total of 494,000 JMMBGL shares during the period September 26 to 27, 2017.
