Bourse Report 10th July 2017

TSTT Drives NEL Higher.

This week, we at Bourse review the latest financial results of two stocks within the NonBanking Finance Sector, National Enterprises Limited (NEL) and Scotia Investments Jamaica Limited (SIJL). NEL experienced an upswing in earnings mainly due to an improvement in its TSTT joint venture while SIJL saw a fall in profits. We discuss the performances and provide a brief outlook.