Weekly Financial Market Summary - Dec 6

This week in the forex market, the JMD continue to regain some ground against the major traded currencies. With the exception of the Euro, the JMD advanced by at much as $1.01.

This week in the forex market, the JMD continue to regain some ground against the major traded currencies. With the exception of the Euro, the JMD advanced by at much as $1.01.

The Jamaica Stock Exchange (JSE) saw another week of positive performance as both Main and Junior markets advanced. Overall market activity resulted in 38 stocks advancing, 37 declining and 36 traded firm. Investment houses Mayberry Investment Limited (MIL) and Sterling Investments Limited (SIL) dominated as two (2) the top performing Main market stocks this week. Conversely, Sagicor XFund, Ciboney Group and Mayberry Jamaican Equities were the worst performing Main market stocks this week. On the Junior market, manufacturers Honey Bun (1982) Limited (HONBUN) and Lasco Manufacturing Company Limited (LASM) were top performers this week, advancing by at least 8.52%. In the international equities market, the S&P 500 slightly advanced while the Dow Jones contracted by 0.17%. Year to date, the S&P 500, Dow Jones and Nikkei continue to perform positively.

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