Low interest rates continue to favour local equities


Jamaica Observer: “Low interest rates continue to favour local equities”

OVER the past few weeks the local equities market has flatlined coming off the strongest bullish run seen since the global economic recession. Since the start of the year, the Jamaica Stock Exchange (JSE) Main Index surged seven per cent or 5,465.41 points to 88,787.37 points up until May 6, 2010, before slightly pulling back and falling two per cent in the last four weeks.

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