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11 09, 2017

ROC: Trade in Shares

2017-09-11T19:40:17-05:00

IronRock Insurance Company Limited (ROC) has advised that a connected party purchased 27,227 ROC shares on September 7, 2017.

11 09, 2017

MIL: Trade in Shares

2017-09-11T19:39:49-05:00

Mayberry Investment Limited (MIL) has advised that a connected party purchased 487,465 MIL shares on September 7, 2017.

11 09, 2017

GK: Trade in Shares

2017-09-11T19:39:13-05:00

GraceKennedy Limited (GK) has advised that a Senior Manager sold 9,860 GK shares on September 5, 2017.

11 09, 2017

Net International Reserves – August 2017

2017-09-11T16:00:42-05:00

Jamaica’s Net International Reserves totaled US$3,671.68 million as at August 2017, reflecting an increase of US$935.33 million relative to the US$2,736.35 million reported as at the end of July 2017 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$935.33 million to total US$4,247.21 million compared to the US$3,311.88 million

11 09, 2017

Overseas Headlines – September 11, 2017

2017-09-11T14:24:41-05:00

Asia: China's Factory Prices Give Global Inflation Unexpected Lift Inflationary pressure emanating from the factory to the world is proving more resilient than economists have anticipated.  China’s producer-price inflation accelerated to 6.3 percent in August from a year earlier, exceeding all but one of 38 estimates in Bloomberg’s survey of economists. That data released Saturday

11 09, 2017

Featured Stock: JAMT

2017-09-11T13:51:52-05:00

Please click below to view today’s Featured Stock. Weekly Picks 11.09.17 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

8 09, 2017

Special Advisory: CAB

2017-09-11T19:52:51-05:00

Cable Bahamas Limited (CAB) has advised of a further delay in the publication of its audited financial statements for the year ended June 30, 2017. This delay is due to the expected impact of Hurricane Irma on the islands of the Central Bahamas including New Providence beginning Friday, September 8, 2017 and through the weekend.

8 09, 2017

Special Advisory: BRG

2017-09-11T19:50:34-05:00

Berger Paints Jamaica Limited (BRG) has advised that a take-over bid circular was received from Ansa McAL Limited on August 31, 2017. As per the circular, an offer was made for all the shares of the minority shareholders of BRG at a cash price of J$10.88 or USD$0.08485 per ordinary share. The offer opened on

8 09, 2017

ECB leaves key rates unchanged

2017-09-11T13:07:54-05:00

The European Central Bank’s (ECB) Governing Council met yesterday and decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and 0.40% respectively. According to Mario Draghi, President of the ECB, he stated, “Based on our

8 09, 2017

JBG records a 47% decline in first quarter net profit

2017-09-11T13:08:07-05:00

Jamaica Broilers Group (JBG) for the three months ended July 31, 2017, Revenues totalled $11.49 billion, a 15% increase on the $10.02 billion reported in 2016. Total revenue was broken down as follows; The Jamaica Operations contributed $7.87 billion, a 9% increase compared to $7.23 billion for the same period of 2016. JBG noted, “Jamaica

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