Jamaica Stock Exchange profit nearly triples on higher trading activity

The Jamaica Stock Exchange (JSE) posted a triple-digit rise in second-quarter profit as increased market activity boosted transaction-related revenue and management cut operating costs, helping offset a softer first-half performance. “The JSE Group delivered a creditable performance in the second quarter, reflecting the resilience of the business model in the dynamic operating environment,” according to a joint statement from JSE Chairmen Steven Whittingham and CEO Livingstone Morrison.