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Can Jamaica Reach Investment Grade?

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Global ratings agency Fitch Ratings has reaffirmed Jamaica’s sovereign credit rating at BB- with a stable outlook, a signal that the country has not lost ground despite the economic shock from Hurricane Melissa.

The decision keeps Jamaica three notches below the coveted “BBB” investment grade territory. But in the current climate, stability counts for something.

Speaking on Taking Stock with Kalilah Reynolds, Assistant Vice President at Sagicor Investments, Jodian Aris said the move is a signal that it’s not all negative.

“When you consider the gains ....


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📉The Bottom Line

Jamaica is Taxing Netflix and ChatGPT?!

The Jamaican gov't is about to start taxing all your digital subscriptions like Netflix, Amazon Prime, even ChatGPT. Read more

Jamaican Tech Company Expands to Guyana

One of Jamaica’s biggest home-grown tech companies is making a major regional move. Read more

Can The JSE Keep Gaining in 2026?

So, the Jamaica Stock Exchange came out swinging in 2026. Read more


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What do you think about Barita acquiring JN Fund Managers to become one of the biggest asset managers in Jamaica?


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Market Recap

Jamaica Stock Exchange

JSE Combined Index -0.41%
Junior Market Index +0.31%
Financial Index -0.51%
Manufacturing and Distribution Index -1.63%

Most Traded
TJH +12%
Kintyre -5%
Atlantic Hardware

Biggest Gains
Margaritaville (Turks) +35%
Mayberry Jamaican Equities +29%
MPC Caribbean Clean Energy (USD) +20%

Biggest Losses
ISP Finance -19%
Main Event -16%
Sygnus Credit (USD) -16%

Trinidad & Tobago Stock Exchange

Composite total -0.31%
Most Traded: National Enterprises -2%
Biggest Gains: Massy Holdings +3%
Biggest Losses: L.J. Williams, "B" -14%

US markets

DOW Jones -1.09%
S&P 500 -1.17%
NASDAQ -1.77%

(Stock market performance from February 9 - February 13, 2025)

Watch Taking Stock LIVE on Tuesday at 8 pm for your full Market Recap!


💲Dollars and cents

Forex

USD$1.00 = JM$157.02 (-$0.12)

CAD$1.00 = JM$117.15 (+$1.84)

GBP$1.00 = JM$215.89 (+$2.98)

EUR$1.00 = JM$188.75 (+$3.72)

(Average sell rate as of February 13, 2026)

Crypto

1 BTC = US$69,138.85 (+0.51%)

1 ETH = US$2,009.26 (-0.55%)

Gas prices

87 - $152.15/litre (+$2.46)

90 - $158.17/litre (+$1.94)

DSL - $160.83/litre (-$3.06)

ULSD - $167.68/litre (-$2.97)


Coming up

Taking Stock

Tuesday, February 17, 2025 - 8pm

We'll cover the latest business and finance news and tell you how it will affect you and your money.

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