November 8, 2018 For the year ended September 30, 2018, NCB Financial Group's (NCBFG) net interest income increased by 18%, relative to 2017, to total $35.14 billion (2017: $29.76 billion), resulting from, “the consolidation of Clarien’s results and growth in the Jamaican loan portfolio”, Management noted. For the quarter, net interest income improved 29% to close
November 08, 2018 Based on the latest information received by the Federal Open Market Committee (FOMC) since September, the FOMC has noticed strengthening in the labour market coinciding with rising economic activity. Based on the FOMC, Job gains have been strong, on average, in recent months, and the unemployment rate have declined. Household spending
Date: November 08, 2018 Lasco Manufacturing Limited (LASM) for the six months ended September 30, 2018 recorded an increase of $302.01 million or 9% in revenue to total $3.80 billion relative to the $3.50 billion recorded for the comparable period in 2017. For the second quarter, total revenue closed at $2.07 billion (2017: $1.99 billion),
November 08, 2018 Mayberry Investments Limited (MIL) has advised that a connected party purchased 8,421 MIL shares on November 7, 2018.
November 08, 2018 Carreras Limited (CAR) has declared an interim dividend of $0.19 per share payable on December 13, 2018 to shareholders on record as at November 22, 2018. The ex-dividend date is November 21, 2018.
Brent Oil Brent oil prices decreased by 1.92% or US$1.40, as prices declined this week. Oil traded on November 08, 2018 at a price of US$71.49 per barrel relative to US$72.89 last week. Brent oil began the year at US$66.57 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 1.82% (JMD$2.47). Additionally,
November 08, 2018 Jamaica’s Net International Reserves (NIR) totaled US$2,925.33 million as at October 2018, reflecting a decrease of US$101.39 million relative to the US$3,026.72 million reported as at the end of September 2018 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$108.79 million to total US$3,460.06 million
November 07, 2018 For the year ended September 30, 2018, Barita Invested Limited’s (BIL) interest income declined 10% to $1.02 billion relative to $1.13 billion for the previous year. Interest expense also declined by 29% to close at $599.66 million compared to $847.44 million in 2017. As a result, net interest income for the year increased
Daily Market Summary 07.11.18 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
Date: November 07, 2018 Lasco Distributors Limited (LASD), for the six months ended September 30, 2018, posted 5% growth revenues to $8.78 billion, up from $8.35 billion in the corresponding period in 2017. For the quarter, revenues increased by 7% closing at $4.50 billion (2017: $4.22 billion). Cost of sales amounted to $7.01 billion, up
