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Kremi topped the market during Thursday s trading

Ice cream manufacturer, Caribbean Cream which trades as Kremi topped the market during Thursday’s trading on the Jamaica Stock Exchange (JSE). Kremi stock gained 15 per cent to close at $6.34, followed by Consolidated Bakeries which gained 14 per cent to $1.75 and Sterling Investments which gained 7.0 per cent to $5.56. The top declining stock was Victoria Mutual Investments down 5.0 per cent to $5.37. The JSE Combined Index advanced by 493.20 points (0.12 per cent) to close at 395,688.31. The JSE Index advanced by 213.26 points (0.05 per cent) to close at 394,522.77. The Junior Market Index advanced by 27.15 points (0.90 per cent) to close at 3,040.03. The JSE USD Equities Index declined by 0.42 points (0.20 per cent) to close at 210.85. The JSE Financial Index advanced by 0.02 points (0.02 per cent) to close at 99.20. The JSE Manufacturing & Distribution Index advanced by 0.28 points (0.30 per cent) to close at 94.47.

Wigton windfarmJamaica stock exchangeMailpac groupCaribbean creamConsolidated bakeriesSterling investmentsVictoria mutual investmentsJunior market indexDistribution indexஜமைக்கா ஸ்டாக் பரிமாற்றம்கரீபியன் கிரீம்தொகுக்கப்பட்டு பேக்கரிகள்ஸ்டெர்லிங் முதலீடுகள்விக்டோரியா பரஸ்பர முதலீடுகள்ஜூனியர் சந்தை குறியீட்டுவிநியோகம் குறியீட்டு

Shapoorji Pallonji Group promoters to set up an SPV for borrowing up to 5,000 crore

Shapoorji Pallonji Group promoters set to receive a Rs 5,000-crore lifeline SECTIONS Share Synopsis This financing round is independent of the one-time restructuring proposal of the real estate, construction and engineering conglomerate that was approved by the lenders and the Kamath committee on Tuesday. The promoters of Shapoorji Pallonji (SP) Group, the Mistry family, are all set to receive a Rs 4500-Rs 5000 crore lifeline from Ares SSG and US hedge fund Farallon Capital, two top special situations financiers that will help them meet their immediate liquidity concerns. Term sheet between both sides have already been signed and an announcement is expected within the next 7-10 days, said people familiar with the development.

Nova scotiaKotak mahindraShapoorji pallonjiShapoorji pallonji sp groupShapoorji pallonji finance pvt ltdSp groupSupreme courtTata groupFarallon capitalTata sonsSterling investmentsCyrus investmentsShapoorji pallonji finance pvtFor farallonVoluntary retention routeEureka forbes

Palace, Sterling and Purity led gains on Thursday

The market rewarded investors who held shares in companies that sell bread, movies and bonds. Palace Amusement, Sterling Investments and Consolidated Bakeries led double-digit gains during Thursday’s trading of the Jamaica Stock Exchange. Consolidated Bakeries which manufactures the Purity and Miss Birdie brands of bread and snacks gained 20 per cent to $1.38; Palace which operates a theatre chain gained 15 per cent to close at $1.296 and Sterling which focuses on US bond investments gained 16 per cent to close at US$0.02. The top declining stock was The Lab, which operates an advertising and film production agency, down 13 per cent to $2.58. The JSE Combined Index advanced by 545.81 points (0.14 per cent) to close at 391,854.57; the JSE Index advanced by 425.29 points (0.11 per cent) to close at 394,786.75 and the JSE All Jamaican Composite Index advanced by 626.97 points (0.15 per cent) to close at 432,827.48.

Jamaica stock exchangeSterling investmentsConsolidated bakeriesJamaica stockMiss birdieJamaican composite indexJunior market indexDistribution indexTransjamaican highwaySagicor select financialஜமைக்கா ஸ்டாக் பரிமாற்றம்ஸ்டெர்லிங் முதலீடுகள்தொகுக்கப்பட்டு பேக்கரிகள்ஜமைக்கா ஸ்டாக்செல்வி பறவைஜமைக்கா கலப்பு குறியீட்டு

Sterling Asset Management appoints Toni-Ann Neita-Elliott as vice-president

Sterling Asset Management appoints Toni-Ann Neita-Elliott as vice-president
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Toni ann neita elliottSterling investmentsSterling investments limitedSterling assetஸ்டெர்லிங் முதலீடுகள்ஸ்டெர்லிங் முதலீடுகள் வரையறுக்கப்பட்டவைஸ்டெர்லிங் சொத்து

Crown Point Apartments Sold

A Crown Point apartment building has been sold for about $3.6 million. Nick Davidson of Sterling Investments bought the apartment at 4205 Noyes St. from Vista Bahia, LLC. The complex has 16 studio apartments. Robert Klaus of RBK Commercial in La Jolla represented both parties. Vista Bahia plans to fully renovate the property with new plumbing, new wiring, new kitchens and new bathrooms, according to Klaus.

Robert klausNick davidsonVista bahiaCrown pointSterling investmentsராபர்ட் கிளாஸ்நிக் டேவிட்சன்விஸ்டா பஹியாகிரீடம் பாயஂட்ஸ்டெர்லிங் முதலீடுகள்