KINGSTON, Jamaica — The Jamaica Stock Exchange (JSE) is reporting an increase in the number of new investors entering the equities market between 2015 and 2019.

JSE Group Business Development Manager, André Gooden, said that the figure rose from 3,412 in 2015 to 48,128 in 2019.

He pointed out that this upswing was spurred by several large initial public offerings, which he said attracted new investors.

Notable among these were State assets Wigton Wind Farm Limited and TransJamaican Highway Limited.

Data from the JSE indicate that Jamaica’s investor base grew from two per cent to approximately 10 per cent of the population, over the last 10 years.

Gooden was speaking during the recent ‘Investing in Jamaica’ virtual diaspora forum, which was jointly hosted by the JSE and Jamaica’s Consul General in New York, Alsion Roach Wilson.

https://www.jamaicaobserver.com/latestnews/More_Jamaicans_entering_equities_market