BUSINESS, Commerce, Social media

Bloomberg Gives Jamaica’s Stocks Market Props

A report by Bloomberg has placed Jamaica’s stock market as front and center as the leading performer in the world.

It noted that Jamaica’s stock market has had a significant bull run, thus making it the world’s largest over the last five years.

It also indicated that the local stock has shown no sign of slowing down.

According to the report, the Jamaica Stock Exchange, (JSE) main index has gained 19 percent in dollar terms this year, the most among more than 90 primary equity gauges tracked by Bloomberg.

It stated that over the last five years, the JSE’s 233 percent rally dwarfed the 86 percent rally in the second-top performer, Vietnam’s Ho Chi Minh Stock Index, and the 73 percent rally in the US S&P 500 index.

Yvad Billings, Readers Bureau, Fellow

Edited by Jesus Chan

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