THE JAMAICAN STOCK EXCHANGE. In a League of its own
By Derrick Scott
WASHINGTON, DC. Thursday, November 7,
2019 -- The New York Stock
Exchange on Wednesday (November 6), flew the Jamaican flag on its building in the
New York business district in a tribute to the island’s stock market, the
Jamaica Stock Exchange being rated the best performing stock exchange in the
world.
According to the New York Stock Exchange,
Jamaica is the only country where its flag has been flown atop its building in
New York.
The Jamaica Stock Exchange commenced its North
East USA Road Show on Wednesday with a visit to the New York Stock Exchange
when the Jamaican flag was flown.
The visit is in response to an invitation from
Jamaica’s Ambassador to the United States Audrey Marks, who is of the view that
Jamaicans living in the Diaspora should be aware of the tremendous
opportunities available in the Jamaican stock market so that they can look to
place more investment on the island.
The theme for the show is “Exploring Wealth Creation
opportunities while helping to build a better Jamaica.”
According to the Managing Director of the Stock
Exchange, Mrs. Marlene Street-Forest the move is an outreach into the Jamaican
Diaspora in New York Philadelphia and Washington to sensitize them about the
vast opportunities that are available in the Jamaican Stock Exchange.
The Managing Director of the JSE, Mrs.
Marlene Street Forrest and a team including members from the Social Stock
Exchange (JSSE) and a number of Jamaican Stock Brokers, visited
the New York/Tri-State, Philadelphia and
Washington, DC areas, over the period November 5 to 10.
Over the past decade, Jamaica’s financial sector assets have tripled and the number of
institutions have grown eightfold, according to International Monetary Fund
figures. While Kingston still regularly appears on global lists of dangerous
cities, the World Bank now ranks Jamaica as the sixth-best nation in terms of ease
of starting a business.
--end--
HEIGHTS. GREEN & GOLD.
Jamaica’s flag has been flown on the building of the New York Stock Exchange, in
tribute to the island’s stock market is rated the best performing stock
exchange in the world.
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contributed
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