Effective today, August 25, 2017, The Bank of Jamaica (BOJ) has advised the public of a reduction in its policy interest rate by 25 basis point from 3.75% to 3.50%. The rate is offered on overnight placements with the Bank. This amendment according to the BOJ, “reflects the Bank’s assessment that inflation will be within
Please click below to view today’s Daily Market Summary. Daily Market Summary 25.08.17 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
U.S. Rise in U.S. business spending bolsters economic outlook New orders for key U.S.-made capital goods rose slightly more than expected in July and shipments surged, pointing to an acceleration in business spending early in the third quarter. The Commerce Department’s upbeat report on Friday also suggested the economy continued to gather momentum after growth
Bank of Jamaica announces that, with effect from 25 August 2017, the rate offered on overnight placements with the Bank, the policy interest rate, will be reduced to 3.50 per cent from 3.75 per cent. The adjustment to the policy rate reflects the Bank’s assessment that inflation will be within BOJ’s inflation target of 4.0
Please click below to view today’s Daily Market Summary. Daily Market Summary 24.08.17 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
Mayberry Investments Limited (MIL) has advised that a connected party purchased 4,000 MIL shares on August 23, 2017.
Brent Oil Brent oil prices increased by 4.58%, as prices increased this week. Oil traded on August 23, 2017 at a price of 52.57 (US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 1.07% . Additionally 90 Octane declined by 1.05% week over week. 87 Octane and 90 Octane opened the year
U.S.: U.S. jobless claims rise slightly as labour market tightens The number of Americans filing for unemployment benefits rose less than expected last week, suggesting a further tightening in labour market conditions. Initial claims for state unemployment benefits increased 2,000 to a seasonally adjusted 234,000 for the week ended Aug. 19, the Labour Department said
Jamaica Stock Exchange (JSE) JSE has advised that Mr. Robin Levy, Deputy General Manager of the Jamaica Stock Exchange and General Manager of the Jamaica Central Securities Depository Limited and JCSD Trustee Services Limited, has tendered his resignation effective October 31, 2017.
138 Student Living Jamaica Limited (138SL) has advised that PwC Corporate Services (Jamaica) Limited (PWC) has resigned as company secretary of 138SL effective August 31, 2017. The resignation is consequent to the Global Independence rules of PWC.
