The Jamaica Stock Exchange (JSE) closed Friday’s trading slightly higher with more advancers than decliners.
JMMB Preference shares led the market up 15 per cent on the day to close at $2.83. The rise however came with the sale of one unit in total. Sterling Investments’ US dollar shares gained some six per cent to close at US$0.02.
On the losing end, Margaritaville Turks lost 10 per cent of its value to close at $28.00, followed by Fosrich Limited down 7.0 per cent to $5.83.
The JSE Combined Index advanced by 343.35 points (0.08 per cent) to close at 404,542.48. The JSE Main Index advanced by 205.25 points (0.05 per cent) to close at 402,842.60. The Junior Market Index advanced by 13.99 points (0.45 per cent) to close at 3,150.55.
Stocks battered by fallouts in tourism travel and stay at home orders for students made the biggest recovery gains during Tuesday s trading on the Jamaica Stock Exchange (JSE).
Express Catering, which operates a series of food establishments at the Sangster International Airport, gained 19 per cent to $4.81. It was followed by the preference shares of dormitory operator 138 Student Living Limited, at the University of West Indies, which gained 15 per cent to $6.26.
Knutsford Express Services, which operates a bus company frequented by tourists, gained 15 per cent to $6.34,
Other stocks which gained unrelated to the tourism sector were Stationery & Office Supplies, up 14 per cent to $5.46, and Caribbean Assurance Brokers which gained 13 per cent to $2.14.
What companies must do to remain competitive post-covid19
Thursday 1 April 2021
There are signs that private sector firms have been adapting to pandemic-induced constraints, such as using more electronic interfaces with clients and streamlining work processes. Image taken from journal.isca.org.sg -
While the covid19 pandemic continues to have broad-based negative impacts on the performance of the economy, there have been encouraging signs of adaptation by private sector firms to pandemic-induced constraints, such as utilising more electronic interfaces with clients and streamlining work processes, among others. Realistically however, the short-term outlook for Trinidad and Tobago will be dictated by the evolution of the coronavirus.