Seasonally adjusted production in the construction fell by 0.5% in the euro area (EA19) and fell by 0.2% in the EU28 in August compared with July 2019. According to Eurostat’s first estimates stated in July 2019, “production in construction decreased by 0.2% in the euro area and increased by 0.5% in the EU28. In August
October 17, 2019 Brent Oil Brent oil prices decreased by 0.51% or US$0.30, as prices decreased this week relative to the prior week. Oil traded on October 17, 2019 at a price of US$58.80 per barrel relative to US$59.10 on October 10, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices
October 17, 2019 United States: U.S. Home Starts Fall From 12-Year High on Multifamily Drop “U.S. new-home construction in September pulled back from a 12-year high though the key single-family category was stable, signaling the housing market is firming amid low mortgage rates and steady demand. Residential starts fell 9.4% to a 1.26 million annualized
October 16, 2019 AMG Packaging Limited (AMG), for the year ended August 31, 2019 recorded turnover in the amount of $762.30 million (2018: $718.92 million), an increase of 6% when compared to 2018. For the quarter turnover was down 3% to close at $174.68 million (2018: $180.17 million). Total cost of sales amounted to $594.33
October 16, 2019 Paramount Trading (Jamaica) Limited, for the three months ended August 31, 2019, recorded a 14% decrease in total revenues to $360.57 million from $417.08 million reported in 2018. The company highlighted that, “the reduction in revenue was mainly due to less than expected outturn in the construction and technical grade brands. We
October 16, 2019 Barita Investments Limited (BIL) has advised that five Directors and two connected parties purchased a total of 20,575,536 BIL shares during the period October 14 to 15, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
October 16, 2019 Access Financial Services Limited (AFS) has advised that two Directors, four Senior Managers and a connected party purchased a total of 10,008,741 AFS shares during the period September 25 to 26, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
October 16, 2019 Sagicor Select Funds Limited (SELECTF) has advised that the Board of Directors of SELECTF, at its meeting held on October 14, 2019, approved a resolution to declare an interim dividend of $0.0117 payable on November 14, 2019 to shareholders on record at the close of business on November 4, 2019. The ex-dividend
October 16, 2019 Jamaica Public Service Company Limited (JPS) has advised that the Board of Directors of the Company, at its meeting scheduled to be held on October 24, 2019, is expected to consider the declaration of quarterly Preference F Dividends payable on November 22, 2019 to shareholders of record at the close of business
October 16, 2019 Knutsford Express Services Limited (KEX), for the three months ended August 31, 2019 reported total revenue of $324.52 million, an 11% or $31.59 million increase when compared with the $292.93 million reported for the same period in 2018. KEX noted, “this was due to continued demand for our transport services.” Administrative and general
