June 07, 2018 Scotia Group Jamaica Limited(SGJ) for the six months ended reported Net Interest Income declined by 3% to $12.82 billion, moving from $13.16 billion for the corresponding period in 2017, while Interest Expenses declined by 26% to total $1.64 billion (2017:$2.23 billion). Net Interest Income for the period decreased from $6.54 billion in 2017
June 7, 2018 Derrimon Trading Company Limited (DTL) has advised that the Company has signed a J$625,000,000 Syndicated Facility, arranged and structured by Sagicor Bank Limited and First Global Bank Limited at an attractive interest rate. The facility will be amortized over a period of ten (10) years. DTL also advised that the facility will
June 7, 2018 Sagicor Real Estate X Fund (XFUND) has advised that the Board of Directors has appointed Ms. Brenda-Lee Martin as Chief Executive Officer with effect from June 1, 2018. Ms. Martin replaces Mr. Rohan Miller who demitted office earlier this year.
June 7, 2018 Lasco Financial Services Limited (LASF) has advised that a Senior Manager sold 134,683 LASF shares on June 5, 2018
June 7, 2018 Fosrich company Limited (FOSRICH) has advised that Senior Manager sold 2,102 FOSRICH shares on June 5, 2018.
June 7, 2018 Supreme Ventures Limited (SVL) has advised that a connected party purchased 5,000 SVL shares on June 1, 2018.
June 7, 2018 Jamaica Teas Limited (JAMT) has advised that at a meeting held on June 6, 2018 the Board of Directors declared a dividend of three cents ($0.03) per ordinary share payable on 28 June 2018 to shareholders on record as at 15 June 2018. The ex-dividend date is June 14, 2018.
June 7,2018 Scotia Group Jamaica Limited (SGJ) has advised that the Board of Directors on June 6, 2018 passed the following resolution: “Be it resolved that a second interim dividend of 48 cents be paid on each stock unit of the paid up capital stock of the Company to stockholders on record as at the
Brent Oil Brent oil prices decreased by 1.63 % or US$1.27, as prices fell this week. Oil traded on June 7, 2018 at a price of $76.45 per barrel relative to US$77.72 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decreased week over week, by 0.47% (JMD$0.62).
June 7, 2018 According to Eurostat, the statistical office of the European Union, GDP rose by 0.4% in both the euro area (EA19) and the EU28 during the first quarter of 2018, compared with the previous quarter. Similarly, in the fourth quarter of 2017, GDP had grown by 0.7% in both zones. However, when compared
