Daily Market Summary- July 4, 2017
Please click below to view today’s Daily Market Summary. Daily Market Summary 4.07.17 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.
Daily Market Summary- July 3, 2017
Please click below to view today’s Daily Market Summary. Daily Market Summary 3.07.17 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.
BOJ Credit Condition Survey
BOJ Credit Condition Survey According to the Bank of Jamaica (BOJ), Credit Condition Survey revealed heightened competition in the banking sector arising from the conversion of Jamaica National Building Society to a commercial bank on February 01, 2017. The effect of the conversion lowered the weighted average lending rate to 14.98% from 16.21% in December 2016 according to the report. The reduction reflected the competitiveness in rates as players aspired to maintain and possibly increase market share. Credit Supply The Credit Supply Index moderated to 103.8 for March 2017 from 104.6 in the previous quarter. The temperance was as a