Weekly Financial Market Summary - Sept 17
Posted in: IDEAL Insights, Market Trends, News
For the week ending September 14, the Jamaican dollar depreciated against all major traded currencies with the exception of the USD. The Jamaican dollar appreciated by J$0.52 against the USD, however, year to date the dollar has devalued by 8.59% against the USD.
For the Jamaican Stock Exchange, both the Main and Junior Markets continue to advance.
The Jamaican Producers Group continues to advance as a top 3 performer for a second straight week.
In the international markets despite the threat of Hurricane Florence, the major indices as well as yields on US Treasury advanced.
Check out the full report here.
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