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JSE’s net surplus drops

There was a $2 million drop in net surplus for the Jamaica Stock Exchange (JSE) during the January to March quarter.

The figure stood at $6.7 million versus $8.9 million a year ago.

The Stock Exchange's revenues were up 6% at $61.5 millio.

However, in its audited statements released on Monday, the JSE said continued low interest rates have affected its investment portfolio and resulted in smaller yields than in previous years.



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