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 main purpose of Sagicor Select Funds is to trade in securities listed on recognized exchanges. The company is a wholly owned subsidiary of Sagicor Investment Jamaica. As at the end of February 2019, the company consists of one (1) fund – The Financial Select Fund – a close ended non-diversified investment fund.
In the Forex market, the Jamaican Dollar (JMD) continues to strengthen against the major traded currencies. For the week ending November 2, the JMD appreciated by at least $0.49 against the major traded currencies.
The Jamaican Dollar (JMD) continues to gain momentum against it major traded stock. For the week ending October 19, the JMD regained as high as $4.13 against major traded currencies. Year to date, devaluation of the JMD as fallen below 5%.