Consumer prices rose by 1.1 per cent for the month of July, the Statistical Institute of Jamaica, Statin, has said. It also emerged on Tuesday that a new director general is being sought…
Category: Business & Economy
Stock Round Up | 109 stocks traded
The Jamaica Stock Exchange (JSE) Combined Index reversed previous gains on Tuesday. The moderate to slow trading ended with an advance/decline ratio of 34/59. The JSE Combined Index declined by 1,474.36 points or…
Gladys Bailey Learning Centres improving literacy through S.T.E.A.M.
Battling the odds of volatile communities, the Gladys Bailey Learning Centres, powered by the Flow Foundation, boosted the literacy levels of 61 students through its summer camps staged at its Spanish Town Road,…
Tech investor SoftBank trims losses, promises offensive turnaround
Japanese technology company SoftBank Group Corp continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn. But SoftBank’s April-June red ink, at ¥477.6 billion (US$3.4…
Stocks Round Up | Transjamaican, One on One Educational, Wigton volume leaders
The Jamaica Stock Exchange (JSE) Combined Index advanced today. The moderate trading ended with an advance/decline ratio of 34/57. The JSE Combined Index advanced by 377.13 points or 0.11 per cent, to close…
HMH Farms adding Jamgoat burgers to line-up
HMH Farms Limited is testing a new line of goat meat burgers, a first of its kind commercial product that aims to leverage Jamaicans’ love of mutton, which is traditionally consumed as a…
Canadian stocks now available locally as JSE launches DMA platform
Local investors can now trade shares issued on the Canadian market using select local brokers under the Direct Market Access portal newly introduced by the Jamaica Stock Exchange. The next phase will expand…
FSC proposes changes for dividends by securities dealers
JAMAICANS taking more interest in investing in stocks should pay attention to this bit of news as the Financial Services Commission (FSC) has proposed new guidelines for the distribution of dividends by securities…
One Great Studio breaks IPO drought
Digital marketing company One Great Studio (1GS) has broken the drought for investors seeking to participate in initial public offers (IPO) this year, being the first to come to market. The company, which…
Century books $16b gain on Jamalco deal
Century Aluminum, the new owner of Jamalco, has booked a US$103.3-million gain on its acquisition of the Clarendon-based alumina refinery, which translates to $16 billion in Jamaican currency. Century described the deal struck…