Date: August 29, 2018 The Bank of Jamaica (BOJ) held its Quarterly Monetary Policy Press Conference today, where the Governor, Mr. Brian Wynter, spoke on the Bank’s monetary policy decision in the context of the Banks outlook for inflation and the overall economy in the current quarter against the background of the economy’s performance for
Date: August 29, 2018 For the year ended March 31, 2018, 1834 Investments Limited (1834), revenue declined by 25% from $60.78 million for the comparable period in 2017 to $45.38 million. For the quarter, the Company generated revenue of $10.57 million, a 49% decline year over year. Other operating income fell by 16% to $116.02
August 29, 2018 Sterling Investments Limited (SIL) has advised that a meeting of the Directors of the Company will be held on September 5, 2018 at 11:00 a.m. at 40 Knutsford Boulevard, Kingston 5. The Directors intend to consider the payment of an interim dividend at this meeting.
August 29, 2018 NCB Financial Group Limited (NCBFG) has advised that a Director purchase 9,460 NCBFG shares on August 24, 2018.
August 29, 2018 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 495,242 MJE shares and that two connected parties sold a total of 32,000 MJE shares. These transactions were conducted during the period August 22 to 27, 2018.
August 29, 2018 General Accident Insurance Company Limited (GENAC) has advised that Mr. Gregory Foster, Chief Financial Officer, was appointed to the Board of Directors on April 1, 2018. GENAC has also advised that a Director purchased 10,604 GENAC shares on August 20, 2018.
August 29, 2018 Barita Investments Limited (BIL) has advised of recent changes to the composition of the Board of Directors of BIL on the acquisition of the Company by Cornerstone Investments Holdings Limited. At a Board of Director’s meeting held Tuesday, August 28, 2018, resignations were formally tendered by the following Board Members: Messrs. Karl
August 29, 2018 It is the intention to list Mayberry Jamaica Equities (MJE) on the Jamaica Stock Exchange (JSE) in short order. Going forward, keep a close eye on this space as we will be giving daily updates with regards to the movement on the Net Asset Value of MJE. Please see the below graph
Date: August 28, 2018 BANK OF JAMAICA MAINTAINS POLICY RATE Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) unchanged at 2.00 per cent. This decision reflects the Bank’s assessment that inflation, currently below target, will rise towards the lower end of
August 28, 2018 Sygnus Credit Investments Limited (SCI) has advised that at a meeting scheduled to be held on September 4, 2018, the Board of Directors will consider, and if thought fit, recommend the payment of an interim dividend to shareholders.
