April 18, 2023 Sagicor Group Jamaica Limited (SJ) has advised of the appointment of two new Executive Vice Presidents, effective July 17, 2023: Ms. Joanna Banks – Executive Vice President, Strategy and Business Development and Ms. Tracy-Ann Spence – Executive Vice President and Chief Investment Officer. Disclaimer: Analyst Certification -The views expressed in this
April 18, 2023 The Statistical Institute of Jamaica (STATIN) reported a 3.8% increase in Jamaica's total value added at constant prices in the fourth quarter of 2022 compared to the same quarter of 2021. Services and Goods Producing industries grew 3.6% and 4.7%, respectively. The economy's continued recovery from the adverse effects of the COVID-19
April 18, 2023 PanJam Investment Limited (PJAM) has advised that Joanna Banks, President of PJAM, will be appointed Executive Vice President, Strategy and Business Development of Sagicor Group Jamaica Limited (SJ), with effect from July 17, 2023. Ms. Banks will be demitting the office of President of PJAM at this time. SJ is an
April 18, 2023 Carreras Limited (CAR) has advised of the resignation of Mrs. Nirala Singh as a Director and a member of the Audit and Nomination and Compensation Committees effective April 15, 2023. CAR has further advised that Mrs. Singh’s resignation from the Audit Committee was not related to any disagreement in respect of
April 18, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 6.2% for March 2023 compared to March 2022. Notably, this was the smallest point-to-point movement since the period ending August 2021. However, for the month of March 2023, the inflation rate was 0.1%. The main driver
April 18, 2023 United States: BofA Tops Estimates as Fixed-Income Traders Fuel Profits Bank of America Corp. first-quarter profit beat estimates after its fixed-income traders delivered a windfall large enough to cover the rising cost of the bank’s souring loans. Revenue from fixed-income, currencies and commodities trading unexpectedly rose almost 30% to $3.4 billion
April 17, 2023 Knutsford Express Services Limited for the nine months ended February 28, 2023, reported total revenue of $1.28 billion, a 65% increase when compared with the $774.41 million reported for the same period in 2022. For the third quarter, revenues amounted to $467.87 million, a 55% increase relative to the $301.19 million booked for the
April 17, 2023 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised of the purchase of 118 CPFV shares on April 4, 2023, under the Company’s Value Fund – Share Buy Back Programme. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department
April 17, 2023 Kingston Properties Limited (KPREIT) has advised that at a meeting to be held on April 24, 2023, its Board of Directors will consider a dividend payment to shareholders of the Company. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
April 17, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 14, 2023, was J$14.36. MJE’s last traded price on April 14, 2023 was $11.40. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
