FosRich Company Limited (FOSRICH) has achieved quite a feat as it becomes the most valuable company on the JSE by market capitalization. It finished the year 2022 with a market capitalization of $19.64 billion.
The company saw its stock...
PanJam has recently sold off all its shares in local spice manufacturer New Castle Company Limited. Analysts are saying that this has been a deal that PanJam has benefited ever since PanJam decided to purchase 25 percent of the...
First Rock has been ramping things up with share buyback over the last few weeks. Typically, companies buy back shares to increase the price of shares for investors due to supply and demand within the market.
The company states that...
Sagicor Xfund’s numbers have improved quite significantly since last year. In 2021 cumulatively over the first three quarters, they saw a net loss attributable to stockholders at J$65.43 million. In 2022 during the same period, they reported net profits...
Sterling Investments Limited (SIL) had a successful quarter ending September which saw a 108 percent increase in revenue. It increased from J$23.1 million in 2021 to J$48.1 million in 2022 within the same period.
This jump in revenue is largely...
Sygnus Credit Investment (SCI) had another successful quarter beating analysts' estimates.
Net profit attributable to shareholders increased by 8 percent from US$1.51 million last year 2021 to US$1.63 million in 2022 during the same period.
Total investment income grew by 24.7...
GraceKennedy Limited (GK) over the last three quarters has earned $107.4 billion in accumulated revenue, this is 12.2 percent higher than last year over the same period.
Despite the increase in revenue, profit numbers were average across the business. Overall...
Blockstation is a Canadian Fintech company founded in 2014, it provides one of the first digital asset trading solutions for stock exchanges. It is a platform that is powered by blockchain technology which is the technology that most of...
Over the last 5 decades, algorithmic trading has come a far way. Started out as mathematical models shared among economists and quantitative financial specialists, these models were very rudimentary but at the time there was never a question about...
WiPay, a growing digital payment portal in the Caribbean that originated in Trinidad and Tobago, is finally setting the stage for its long-awaited IPO on the Jamaica Stock Exchange (JSE).
This is a very important step in the company’s...
