Financial stocks have been the standout thus far in the earnings for 2019 on the Jamaica Stock Exchange returning an average 129.4 per cent increase in net profit.

This out-turn was driven by companies like Barita Investments and Proven, which reported a threefold increase in their earnings at 363.9 per cent and 348.1 per cent, respectively.

Strong growth was seen from companies such as Sygnus Credit Investments (70.8 per cent), JMMBGL (32.6 per cent), and ISP Finance (32.1 per cent).

The out-turn in the sector was fuelled by improvements in net interest income, fee and commission income, and trading gains.

http://www.jamaicaobserver.com/business-observer/financial-stocks-top-earners-in-2019-on-the-ja-stock-exchange-threefold-increases-for-barita-and-proven-lead-the-way_188629