Weekly Financial Market Summary
Posted in: IDEAL Insights, Market Trends
The Jamaican dollar experienced mixed results in the Forex market this week. The dollar appreciated against both the Canadian and British Pound; however faltered against the US dollar and Euro.
The Main Market slightly declined by 0.05%, however the Junior Market advanced by 1.85% or 58.84 points.
Mixed Results in Financial Markets
The Jamaican Stock Market continues to experienced mixed results. The Main Market slightly declined by 0.05%, however the Junior Market advanced by 1.85% or 58.84 points.
In the international Equities Market both the Dow Jones and S&P 500 advanced whilst the Nikkei fell for the week ending August 17. The US Treasury saw much mixed results as the two year Treasury advanced, the ten year declined and the five year remained unchanged.
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