| Caribbean Markets | Index | Value | Change +-% | USD | EURO | GBP | CAD | |
|---|---|---|---|---|---|---|---|---|
| Bahamas | BISX All Share Index | 1,416.32 | 0.00 | 0.00 | 1.00 | 1.26 | 1.53 | 1.60 |
| Barbados | BSE 1000 Index | 1,094.82 | -1,990.31 | -64.51% | 1.98 | 2.61 | 3.07 | 1.94 |
| Jamaica | JSE Market Index | 88,440.97 | -408.70 | -0.46% | 100.29 | 8.14 | 156.86 | 97.86 |
| Trinidad | TTSE Composite | 1,124.28 | 0.39 | 0.03% | 6.33 | 8.33 | 9.79 | 6.20 |
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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Kingston Wharves Net Drop, JMMB Agree to Acquisition of CCFG
Author: Mukesh Buch
Islandjournal.net
Last Update: 2:19 PM ET April 06 2012
Islandjournal.net
Last Update: 2:19 PM ET April 06 2012
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Kingston Wharves Limited, the Jamaica based port related services provider reported year end revenues increased to J$3.17 billion from J$3.02 billion in the same quarter last year. Net profit in the year dropped to J$345 million or 31 cents earnings per share compared to J$611.6 million or 56 cents per share a year ago.
Jamaica Money Market Brokers Limited Group, the Jamaica based financial services provider agreed to acquire the Capital & Credit Financial Group and the company is awaiting shareholders approval. |
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