| Caribbean Markets | Index | Value | Change +-% | USD | EURO | GBP | CAD | |
|---|---|---|---|---|---|---|---|---|
| Bahamas | BISX All Share Index | 1,416.74 | 7.04 | 0.50% | 1.00 | 1.26 | 1.53 | 1.60 |
| Barbados | BSE 1000 Index | 1,094.82 | -1,990.31 | -64.51% | 1.98 | 2.53 | 3.00 | 1.94 |
| Jamaica | JSE Market Index | 85,379.88 | 106.73 | 0.13% | 98.42 | 8.14 | 149.79 | 95.34 |
| Trinidad | TTSE Composite | 1,123.12 | 0.49 | 0.04% | 6.38 | 8.05 | 9.52 | 6.18 |
News Update
- Crude oil surged 9% and gold gained 3% after European leaders agreed to take emergency steps.
- Malaysian developer Genting Group plans to invest US$24 million in a casino in Bimini, Bahamas.
- JMMB receives final regulatory approval to acquire CCFG.
- Trading volume and value on the JSE doubled in June from a year ago.
- Sagicor Life Jamaica was the best performing stock in the year on the JSE with a rise of 7%.
- Ciboney Group was the worst performing stock on the JSE for the year with a loss of 60%.
- Jamaica Stock Exchange board of directors announced 3 Jamaican cents quarterly dividend.
- Pulse Investments released third quarter financial statements.
- World markets rallied on Friday after European leaders took steps to offer direct lending to banks.
- Caribbean markets closed down for the week with Jamaica index falling more than 4%.
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Caribbean Earning News
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Caribbean Cement Company Sales Rise, Net Loss Widen
Author: Mukesh Buch
Islandjournal.net
Last Update: 2:05 PM ET March 17 2012
Islandjournal.net
Last Update: 2:05 PM ET March 17 2012
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Caribbean Cement Company Limited, the Jamaica based cement maker reported year ended December 2010 revenues increased to J$7.93 billion from J$8.87 billion in the same quarter last year. Net loss in the year widened to J$1.58 billion or J$1.83 diluted earnings per share compared to J$144.5 million or 17 cents per share a year ago.
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