GraceKennedy Limited (GK) has advised GK Foods & Services Limited, a subsidiary of GK, will be opening its sixth manufacturing plant in Jamaica next year. The new facility will produce a range of conveniently portioned and packaged locally grown fruits and vegetables primarily for export markets.
GraceKennedy Limited (GK) has advised that Mr. Radcliffe Daley has been appointed Chief Audit Executive, effective June 1, 2017.
Caribbean Producers Jamaica Limited (CPJ) had advised that a connected party purchased 500,000 CPJ shares and sold 6,000 CPJ shares on June 29, 2017.
Radio Jamaica Limited (RJR) has advised that an Executive purchased 7,500 RJR shares on June 29, 2017.
JMMB Group Limited (JMMBGL) has advised that a total of 370,916 JMMBGL shares held by the JMMB Employee Share Ownership Plan (ESOP) were sold on June 27, 2017.
BOJ Credit Condition Survey According to the Bank of Jamaica (BOJ), Credit Condition Survey revealed heightened competition in the banking sector arising from the conversion of Jamaica National Building Society to a commercial bank on February 01, 2017. The effect of the conversion lowered the weighted average lending rate to 14.98% from 16.21% in December
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Europe: Euro-Area Manufacturing Accelerates as Orders Fuel Optimism Euro-area manufacturing expanded at the strongest pace in over six years as factories across the region took on more workers to deal with surging orders. A Purchasing Managers’ Index climbed to 57.4 in June, up from 57.0 in May and above a June 23 flash estimate, IHS
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Mayberry Investments Limited (MIL) has advised that a connected party purchased 1,000 MIL shares on June 28, 2017.
