United States: U.S. Futures Advance While Europe Stocks Fluctuate: Markets Wrap “U.S. equity futures pushed higher on Wednesday and European stocks swung between losses and gains as investors weighed positive signals on the outlook for reopening against fresh outbreaks of the coronavirus. Treasuries and the dollar dropped. Contracts on three main America equity gauges accelerated
May 19, 2020 ISP Finance Services Limited’s (ISP) total interest income amounted to $367.20 million compared to $306.57 million in 2018, an increase of 20%. For the quarter, total interest income amounted to $91.35 million (2018: $92.81 million). Total income is broken down as follows: Interest income from loans grew 20% to total $367.07 million
May 19, 2020 Sagicor Select Funds Limited (SELECTF), for the Three months ended March 31, 2020 reported net investment loss of $1.46 billion relative to an income of $18.23 million booked March 31, 2019. Management noted, “Total Income of negative $1,459 million was largely attributable to the unrealized loss in the value of the investments.
May 19, 2020 Caribbean Producers (Jamaica) Limited (CPJ) has advised that a connected party purchased 1,000 CPJ shares on May 13, 2020 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
May 19, 2020 Stanley Motta Limited (SML), for the three months ended March 31, 2020 booked a 10% increase in revenue to total $112.02 million compared to $101.61 million for the same period in 2019. The Company mentioned that, “due to an increase in rental space and the devaluation of Jamaican dollar to the US
Daily Market Summary 19.05.2020 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 that no part of their compensation was, is, or will be, directly
May 19, 2020 Berger Paints Jamaica Limited (BRG) for the three months ended March 31, 2020 reported total revenues of $508.50 million, a 2% increase relative to $498.07 million reported for the comparable period in 2019. The Company noted that, “2020 began positively with planned strategies being rolled out enabling BPJL to be ahead of prior year
May 19, 2020 SSL Venture Capital Jamaica Limited (SSLVC) For the nine months ended March 31, 2020 SSL Venture Capital Jamaica Limited (SSLVC), for the nine months ended March 31, 2020, reported revenues of $112.02 million versus $341.76 million reported in the prior year’s corresponding period. While for the quarter, SSLVC reported $16.72 million (2019: $93.60 million)
United States: U.S. Housing Starts Slumped by Most on Record in April “U.S. home construction starts plunged in April by the most in records back to 1959, as the nationwide lockdown to control the spread of the coronavirus hammered the housing market and broader economy. Residential starts plummeted 30.2% to an 891,000 from a month
May 18, 2020 In United States dollars (except where it is indicated otherwise): Sygnus Credit Investments Limited for the nine months ended March 31, 2020, reported Interest Income of US$3.88 million 59% increase on the US$2.44 million recorded in 2019. For the quarter, Interest Income rose 44% to US$1.41 million (2019: US$978,580). Interest expense for
