November 17, 2020 The weak performance in the equities market thus far in 2020 reflects low investor interest due to continued uncertainty about the prospects for the economy, stemming from the COVID-19 pandemic. For the third quarter ended September 2020, all the Jamaica Stock Exchange (JSE) indices recorded declines. "Stock price appreciation during the
November 5, 2020 Click the link below to view the Stock Watch. Stock Watch 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
October 16, 2020 The seasonally adjusted initial claims, advance estimate, increased by 53,000 to 898,000 for the week ending October 10 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised upwards to 840,000 from 845,000. In comparison to the previous week’s average, the 4-week moving
August 14, 2020 Stanley Motta Limited (SML), for the six months ended June 30, 2020 booked a 9% increase in revenue to total $224.87 million compared to $206.20 million for the same period in 2019. Revenue for the quarter amounted to $112.85 million compared to $103.57 million booked in 2019. SML noted, “These increases
August 13, 2020 For the nine months ended June 30, 2020, Honey Bun (1982) Limited reported revenues of $1.24 billion, 6% up from $1.17 billion reported a year ago. For the quarter, revenues dropped by 7% to $367.42 million (2019: $394.49 million). HONBUN noted, “The revenue decline was mainly due to many customers in
August 12, 2020 Salada Foods Jamaica Limited (SALF), for the nine months ended June 30, 2020 recorded a 6% increase in turnover to close at $819.55 million (2019: $769.64 million). Management stated, “despite the pandemic, our exports and contract manufacturing business segments continue to perform well and are the growth drivers.” As for the
July 30, 2020 U.S. real gross domestic product (GDP) contracted 32.9% for the second quarter of 2020, subsequent to a 5% decline for the first three months of 2020 as the economy experienced a nose-dive in activity. Current-dollar GDP for the second quarter declined $2.15 trillion or 34.3% to 19.41 trillion, compared to a
