Featured Stock: GK
Please click below to view today’s Featured Stock. Weekly Picks 09.10.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
Gas Price Movement October 5, 2017
Brent Oil Brent oil prices fell by 2.80% (US$1.61), as prices declined this week. Oil traded on October 4, 2017 at a price of 55.80 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices declined week over week, by 0.40% (US$0.47 ). Additionally 90 Octane declined by 0.39% or $0.47 week over week. 87 Octane and 90 Octane opened the year at J$97.32 and J$98.98 respectively and now trades at J$116.81 and J$119.65 per litre . Figure 1: Petrojam, U.S. Gulf Coast Conventional Gasoline Regular and Brent Crude Oil 1 Year Price History This
Government Operations Results for August 2017
For the period of April 2017 to August 2017, the GOJ reported Total Revenues & Grants of $213.07 billion, $14.62 billion more than the government’s projection. Furthermore, year over year, this represents an increase of approximately 11.9% relative to the $190.43 billion recorded for the corresponding period in 2016. ‘Tax Revenue,’ ‘Non-Tax Revenue,’ ‘Capital Revenue’ and ‘Grants’ outperformed projections while ‘Bauxite Levy’ underperformed projections during the review period. ‘Tax Revenues’ amounted to $193.97 billion, $11.01 billion more than budgeted, ‘Non-Tax Revenue’ of $16.31 billion was reported; $3.05 billion more than budgeted. ‘Grants’ totalled $2.01 billion, $220.9 million or 12.4% more