Date: December 13, 2019 Jamaica Stock Exchange (JSE) has advised that a connected sold 2,825,000 JSE shares and a Director purchased 2,825,000 JSE shares. These transactions were conducted on December 9, 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about
December 12, 2019 Final demand for the Producer Price Index remained unchanged in November 2019, seasonally adjusted according to U.S. Bureau of Labor Statistics. Final demand prices rose 0.4% in October and fell 0.3% in September. On an unadjusted basis, the final demand index increased 1.1% for the 12 months ended in November. The index
December 12, 2019 Brent Oil Brent oil prices increased by 1.45% or US$0.92, as prices increased this week relative to the prior week. Oil traded on December 12, 2019 at a price of US$64.31 per barrel relative to US$63.39 on December 05, 2019. Brent oil began the year at US$55.95 per barrel. Petrojam prices 87
December 12, 2019 United States: Trump Keeps China Planners Guessing on Trade War’s Next Steps “Chinese leaders who gathered in Beijing this week to chart a course for economic policy next year are used to doing so with precision, right down to the percentage point. At the confab — a byproduct of Communist central planning — President
Date: December 11, 2019 Sagicor Group Jamaica Limited (SJ) has advised that three Executives sold a total of 46,139 SJ shares during the period December 4 to 9, 2019. SJ has also advised that Sagicor Financial Corporation Limited (SFCL) and Alignvest Acquisition II Corporation (AQY) have completed the business combination transaction involving the transfer of
Date: December 11, 2019 Based on the latest information received by the Federal Open Market Committee (FOMC) since October, the FOMC has noticed the labour market remained strong, whilst economic activity has been rising at a solid rate. According to the FOMC, “on average, in recent months, job gains have been strong and the unemployment
December 11, 2019 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% for November 2019 after increasing in October, on a seasonally adjusted basis according to U.S. Bureau of Labor Statistics (BLS). The all items index increased 2.1% before seasonal adjustment over the last year. BLS stated, “increases in the shelter and energy
Date: December 11, 2019 Bank of Jamaica (BOJ) wishes to advise that effective 13 December 2019, it will no longer exchange cotton-based TT$ 100 banknotes at its banking counter. This decision has been taken in a context where the Central Bank of Trinidad and Tobago has advised that effective 31 December 2019, these notes will
Date: December 11, 2019 Key Insurance Company Limited’s (KEY) advisory: “Key Insurance Company Limited advises its shareholders and other stakeholders that Items A(1), (2), (3), (4) and B of the Directors’ Resolution on 2 December 2019 as regards the proposed Rights Issue were withdrawn and therefore were not considered by the shareholders at the Extraordinary
Date: December 11, 2019 United States: Fed Dots May Yield Clue on Split Over Pause: Decision Day Guide “While Jerome Powell is expected to reinforce the signal that policy is on hold at the central bank’s meeting on Wednesday, some of his colleagues may be looking ahead to when they should hike again. The Federal
