March 9, 2018 Gross Domestic Product (GDP) for the Jamaican economy grew by 1.1 per cent in the fourth quarter of 2017 when compared to the fourth quarter of 2016. According to The Statistical Institute of Jamaica, STATIN, the quarterly improvement in GDP was due mainly to “a 1.2 per cent growth in the Goods
April 09,2018 Ciboney Group Limited (CBNY) for the nine months ended February 28, 2018 reported Financial income for the period increased by 1151% to total $1,676 million up from the $134,000 reported for the comparable quarter in 2017. Financial income for the quarter amounted to $1.66 million, a gross increase of 5836% relative to the $28,000
April 9, 2018 Please click below to view today’s featured stock. Weekly Picks 09.04.18 DTL 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
April 9, 2018 United States: Powell, Williams See More Gradual Fed Hikes Despite Trade Uproar Federal Reserve Chairman Jerome Powell backed further gradual interest-rate increases amid strong U.S. economic momentum, in remarks that avoided the turbulent U.S. stock market and sought to steer clear of the simmering U.S.-China trade dispute. “We will continue to aim
April 6, 2018 Sagicor Bank Jamaica Limited (SBJ) has advised that Mr. Philip W. Armstrong tendered his resignation from the Board effective March 31, 2018.
April 6, 2018 Seprod Limited (SEP) has advised that Mr. Patrick A. Scott was appointed to the Board of Directors effective April 4, 2018.
Daily Market Summary 06.04.18 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
April 6, 2018 Unemployment rate remains flat at 4.1percent even as total nonfarm payroll employment edged up by 103,000 in March. Sectors that experience a marginal uptick in employment for the month of March were manufacturing, health care, and mining. “Among the major worker groups, the unemployment rates for adult men (3.7 percent), adult women
Brent Oil Brent oil prices decreased by 2.76% or US$1.94, as prices fell this week. Oil traded on April 5, 2018 at a price of $68.33 per barrel relative to US$70.27 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices decrease week over week, by 0.22% (JMD$0.27). Additionally
April 6, 2018 United States: U.S. Needs China More Than China Needs the U.S. Not one to be outdone by any adversary, Donald Trump has upped the ante in a rapidly escalating trade war with China, threatening an additional $100 billion of tariffs on top of the initial round of $50 billion. In doing so,
