The emergence of the Coronavirus (COVID-19) from China in 2019 has become a global threat in 2020. This has led to the World Health Organization (WHO) declaring the virus a pandemic. The infectious virus has debilitating effects not only on a country’s most valuable resource – its human resource but also on the economies of … Continued
The Jamaican Stock Exchange (JSE) saw another consecutive week of decline. Overall market activity saw 93 stocks trading, 15 advanced, 76 declined and 2 traded firm.
Wall Street’s main index tumbled for the seventh straight day and is on track for their biggest weekly dip since the 2008 global financial crisis on worries the fast-spreading coronavirus could lead to a recession. The stock market correction that began last week, as the rapid spread of the coronavirus outside China intensified fears about … Continued
This week in the Forex market, the JMD got a major boost as the local dollar strengthened against major traded currencies. The JMD advanced by as much as $3.41 this week. Year-to-date, the JMD appreciated by 1.67% against the Euro.
The Application List will open at 9:00 a.m. on February 18, 2020 and will close at 4:30 p.m. on March 3, 2020, subject to the right of the Company to close the Application List at any time, without notice, if subscriptions have been received for the full amount of the Shares available for subscription and … Continued
Stock prices bounced back to close out the last two (2) trading days (Thursday and Friday) of the week on the Jamaica Stock Exchange (JSE) with the JSE All Jamaican Composite Index surging 4,721.23 points to 531,327.44 and 2,205.30 points to close at 533,532.74 respectively.