Date: June 27, 2019 Brent Oil Brent oil prices increased by 1.63% or US$1.05, as prices increased this week relative to the prior week. Oil traded on June 27, 2019 at a price of US$65.50 per barrel relative to US$64.45 on June 20, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices
Date: June 19, 2019 Based on the latest information received by the Federal Open Market Committee (FOMC) since May, the FOMC has noticed the labour market remained strong, whilst economic activity has been rising at a solid rate. According to the FOMC, “on average, in recent months job gains have been strong and the unemployment
Date: June 17, 2019 CAC 2000 (CAC), for the six months ended April 30, 2019, reported revenues of $516.48 million versus $623.44 million booked in 2018. Revenues for the quarter fell by 9% to $350.06 million (2018: $383.93 million). Cost of sales fell by 8% for the period to $342.83 million (2018: $374.27 million). Consequently,
Date: June 17, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 17.06.19 SJ 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
Date: June 10, 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,074.33 million as at May 2019, reflecting an increase of US$55.25 million relative to the US$3,019.08 million reported as at the end of April 2019 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$43.17 million to total US$3,579.37 million
June 05, 2019 For the period of April 2019, the GOJ reported Total Revenues & Grants of $46.11 billion, $1.54 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 11.4% relative to the $41.41 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax Revenue’ and ‘Grants’
Date: May 28, 2019 Kingston Properties Limited (KPREIT) held its Annual General Meeting today which was hosted by the Company’s Chairman, Mr. Garfield Sinclair. The meeting began with the usual welcoming and introductions which was subsequently followed by the Chief Executive Officer’s (CEO) report. “2018 was a year of transition. It was marked with the
Date: May 27, 2019 Supreme Ventures Limited (SVL) held its Annual General Meeting today, which was hosted by the Chairman, Mr. David McConnell. The meeting began with the usual welcoming and introductions which was subsequently followed by the President’s report. For the financial year under review, President & CEO, Mrs. Ann-Dawn Young-Sang highlighted that, “
Date: May 27, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 27.05.19 CAR 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
Date: May 21, 2019 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the Governor, Mr. Brian Wynter, commented on the Bank’s decision to lower the policy interest rate by 50 basis points to 0.75% per annum. According to the Governor, “this policy decision reflects the Bank’s forecast that, even
