/As COVID19 escalates… ‘Don’t panic,’ says JSE

As COVID19 escalates… ‘Don’t panic,’ says JSE

THE downturn in the Jamaica Stock Exchange (JSE) since the start of the year, coinciding with fears around the coronavirus (COVID-19) pandemic across the global economy, is prompting the JSE to consider the way forward as Managing Director Marlene Street Forrest says it is currently analysing market patterns.

According to market experts, the 4.9 year-over-year decline of the local stock market is attributable to investors selling their shares to position themselves to take advantage of the new initial public offerings (IPO) and additional public offerings (APO) that are on the market, and those that will be coming over the next few months.

http://www.jamaicaobserver.com/business-observer/jse-to-analyse-market-patterns-in-light-of-covid-19-pandemic-advises-young-investors-not-to-panic-but-rather-analyse-the-stocks-they-are-investing-in_189849

By |2020-03-21T07:54:03+00:00March 21st, 2020|news|0 Comments

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