Best Stocks To Buy In Jamaica 2017 Link
The Junior Market continued to be a powerhouse for growth. At the mid-year mark, nine stocks—six of which were on the Junior Index—had already more than doubled in value.
While the massive gains were in smaller caps, major financial and conglomerate stocks like NCB Financial Group , Sagicor Group , and Scotia Group also posted strong results as the overall index climbed.
The market's 2017 success was fueled by Jamaica's improving macroeconomic environment, including a sovereign credit rating upgrade to 'B' and declining interest rates, which pushed investors toward higher-yielding equities.
2017 saw significant initial public offerings (IPOs) and listings, including Wisynco Group and Victoria Mutual Investments Limited (VMIL) , both of which saw immediate post-listing gains. Factors Driving Performance
The Junior Market continued to be a powerhouse for growth. At the mid-year mark, nine stocks—six of which were on the Junior Index—had already more than doubled in value.
While the massive gains were in smaller caps, major financial and conglomerate stocks like NCB Financial Group , Sagicor Group , and Scotia Group also posted strong results as the overall index climbed.
The market's 2017 success was fueled by Jamaica's improving macroeconomic environment, including a sovereign credit rating upgrade to 'B' and declining interest rates, which pushed investors toward higher-yielding equities.
2017 saw significant initial public offerings (IPOs) and listings, including Wisynco Group and Victoria Mutual Investments Limited (VMIL) , both of which saw immediate post-listing gains. Factors Driving Performance
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