| Caribbean Markets | Index | Value | Change +-% | USD | EURO | GBP | CAD | |
|---|---|---|---|---|---|---|---|---|
| Bahamas | BISX All Share Index | 1,416.09 | 0.13 | 0.01% | 1.00 | 1.26 | 1.53 | 1.60 |
| Barbados | BSE 1000 Index | 1,094.82 | -1,990.31 | -64.51% | 1.98 | 2.53 | 2.96 | 1.92 |
| Jamaica | JSE Market Index | 86,529.00 | 253.72 | 0.29% | 98.60 | 8.14 | 148.69 | 94.27 |
| Trinidad | TTSE Composite | 1,123.11 | -0.37 | -0.03% | 6.39 | 8.04 | 9.41 | 6.04 |
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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The Gleaner Company Fiscal Net Decline
Author: Mukesh Buch
Islandjournal.net
Last Update: 2:24 PM ET April 12 2012
Islandjournal.net
Last Update: 2:24 PM ET April 12 2012
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The Gleaner Company Limited, the Jamaica based publication and broadcasting company reported group revenue for the year fell to J$3.18 billion from J$3.19 billion in the same quarter last year. Net profit in the year declined to J$118.5 million or J$9.78 per share compared to J$430.7 million or J$35.65 per share a year earlier.
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