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Jamaica Stock Exchange market summary for week of May 10– 14

Jamaica Stock Exchange market summary for week of May 10– 14
jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.

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Local stock market up nearly one-third since COVID lows

The local stock market is officially bullish up nearly one-third since COVID-19 lows. The combined market closed at a 2021 high of 430,207 points on Friday from 337,500 points in late March 2020 or 27 per cent higher. Bull markets represent upswings in stock indexes which usually rise 20 per cent higher than a baseline comparative period. On Friday with four stocks gained over 10 per cent on the Jamaica Stock Exchange (JSE). 138 Student Living Jamaica gained 23 per cent to $5.29, Lasco Financial Services gained 12 per cent to $3.20, Stationery & Office Supplies gained 12 per cent to $6.26, Guardian Holding gained 11 per cent to close at $969.00. The top declining stocks were Blue Power Group down 17 per cent to $3.45, Consolidated Bakeries down 15 per cent to $1.41 and JMMB Preference shares down 14 per cent to $2.40.

Guardian holdingBlue power groupLasco financial servicesStationery officeJamaica stock exchangeLiving jamaicaOffice suppliesConsolidated bakeriesJamaican composite indexJunior market indexDistribution indexபாதுகாவலர் வைத்திருத்தல்நீலம் பவர் குழுலாஸ்கோ நிதி சேவைகள்காகிதம் முதலிய எழுது பொருள்கள் அலுவலகம்ஜமைக்கா ஸ்டாக் பரிமாற்றம்

Mayberry Jamaican Equities poised for recovery, directors say

Chairman of Mayberry Jamaican Equities Limited Christopher Berry The management of Mayberry Jamaican Equities Limited (MJE) says the company is poised for recovery, after ending 2020 with losses amidst the coronavirus (COVID-19) pandemic. A subsidiary of Mayberry Investments, MJE, currently holds stock in 31 companies listed on the Main and Junior Markets of the Jamaica Stock Exchange (JSE). “Despite the challenges faced by the company due to the deterioration of market conditions management remains confident that the company is well poised for recovery and growth in the medium to long term,” it was stated in the company’s financial statements. For the year ended December 31, 2020, MJE reported a total comprehensive loss of US$37 million, compared to a total comprehensive income of US$33.6 million for the corresponding period of 2019; a decrease of US$70.5 million.

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Mayberry Jamaican Equities poised for recovery, directors say

Mayberry Jamaican Equities poised for recovery, directors say
loopjamaica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from loopjamaica.com Daily Mail and Mail on Sunday newspapers.

Supreme venturesBlue power groupLasco financial servicesCarreras group ltdGracekennedy ltdCaribbean assurance brokers ltdJunior markets of the jamaica stock exchangeWigton windfarmMayberry jamaican equities limitedCaribbean producers jamaicaMayberry investmentsJunior marketsJamaica stock exchangeLasco financial services limitedBlue power group limitedCaribbean producers jamaica limited

The junior market propelled us — Lasco s Lascelles Chin

The junior market propelled us — Lasco s Lascelles Chin
jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.

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