I was reading the January edition of the Bloomberg Businessweek when I came across an article on Jamaica's equities market which I thought was interesting to share. Jamaica's stock market is one of the best performing emerging markets in the past 5 years with gains closing in at almost 300%.
This surpasses the more developed market such as S&P500, FTSE100, Shanghai Composite and Nikkei 225.
In 2018, the nation's main index rose 29% in US Dollar terms. So far, the stock market has only 37 company tickers so far that are listed, while it's total value is less than $11 billion thus far, the rise has been exponentially upward in the past 5 years. There are currently zero Jamaican stocks in the US exchange traded funds so the only way to get exposed is to get to the market directly. The key factor in the stock market's rise has...