Daily Market Summary 03.04.19 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly
Date: April 03, 2019 For the period of April 2018 to February 2019, the GOJ reported Total Revenues & Grants of $545.02 billion, $8.16 billion more than the Government’s projection. Year over year, this represents an increase of approximately 14.5% relative to the $476.14 billion recorded for the corresponding period in 2018. ‘Tax Revenue’ outperformed
United States: Fed Risks Stoking Financial Bubble in Drive to Lift Inflation The Federal Reserve risks stoking the same sort of asset bubbles that Chairman Jerome Powell has linked to the last two recessions with its new-found eagerness to fan inflation. The Fed’s surprise pivot away from any interest rate increases this year has boosted
Daily Market Summary 02.04.19 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly
Date: April 2, 2019 iCreate Limited (ICREATE) has advised that the Company and the Kingston & St Andrew Municipal Corporation (KSAMC) signed a memorandum of understanding (MOU) to train forty (40) young people from the KSAMC in Digital Video Production. For more details, visit the JSE’s website, www.jamstockex.com.
Date: April 2, 2019 Sagicor Group Jamaica Limited (SJ) has also advised that the meeting of the Board of Directors scheduled to be held on April 1, 2019 to declare a first interim dividend was postponed. The new date for this meeting will be advised as soon as it has been determined.
Date: April 2, 2019 MPC Caribbean Clean Energy Limited (MPCCEL) has advised that on the 27th of March 2019 the Company was submitted as a shareholder who invested in the Cayman Islands based company MPC Caribbean Clean Energy Fund LLC for a committed amount of USD 10,650,000.00. MPC Caribbean Clean Energy Fund LLC (Fund) is
Date: April 2, 2019 Victoria Mutual Investments Limited (VMIL) has advised that a Director sold a total of 92,001 VMIL shares during the period March 27, 2019 to April 1, 2019.
Date: April 02, 2019 According the Statistical Institute of Jamaica, “the Jamaican economy grew by 2.0 percent during the fourth quarter of 2018 when compared to the corresponding quarter of 2017. This growth was attributed in both the Services Industries and the Goods Producing Industries of 1.0 percent and 4.0 percent respectively.” Growth was achieved
United States: If You Think Trump’s China Policy Is Tough, Wait for Car Tariffs President Donald Trump’s threat to restrict foreign car imports would have a greater effect on the global economy than the U.S.-China conflict, according to World Trade Organization Chief Economist Robert Koopman. “Let me suggest a back-of-the-envelope calculation,” Koopman told reporters on
