March 12, 2020 Brent Oil Brent oil prices decreased by 34.27% or US$17.13, as prices fell this week relative to the prior week. Oil traded on March 12, 2020 at a price of US$32.86 per barrel relative to US$49.99 on March 05, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
March 12, 2020 Scotia Group Jamaica Limited (SGJ) for the three months ended January 31, 2020, reported a decline in net interest income to $6.17 billion, relative to $6.20 billion for the corresponding period in 2019. Interest expenses declined by 8.41% to total $627.92 million (2019: $685.61 million). Interest income for the quarter decreased from
United States: U.S. Jobless Claims Fall to 211,000 in Week Ending March 7 “Filings for U.S. unemployment benefits unexpectedly decreased last week, indicating companies are holding on to workers even as the coronavirus outbreak starts to weigh on economic activity. Jobless claims fell by 4,000 to 211,000 in the week ended March 7, according to Labor Department figures released
Date: March 11, 2020 Pulse Investments Limited (PULS) has advised that the following matters were considered and approved at a Board of Directors’ meeting held on March 9, 2020: That, pursuant to the resolutions passed at the Annual General Meeting of PULS held on February 18, 2020, the Company effects an Additional Public Offer to
Date: March 11,2020 PanJam Investment Limited (PJAM) has advised that at a Board of Directors’ meeting held on March 6, 2020 the following items were considered: Consideration of an Additional Public Offer (APO) Consideration of an increase in the authorized share capital Consideration of a stock split At the abovementioned board meeting, the Board also
Date: March 11, 2020 PanJam Investment Limited (PJAM) has advised that at a Board of Directors’ meeting held on March 6, 2020 the following items were considered: Approval of the first dividend payment for 2020. The decision of the Board was duly communicated to the JSE on Friday March 6, 2020 Analyst Certification -The views
Date: March 11, 2020 Supreme Venture Limited (SVL) has advised that two connected parties sold a total of 176,953 SVL shares and that a connected party purchased 7,998 SVL shares. These transactions were conducted during the period February 27 to March 9, 2020. Analyst Certification -The views expressed in this research report accurately reflect the
Date: March 11, 2020 NCB Financial Group Limited (NCBFG) has advised that a Director and a connected party purchased a total of 75,000 NCBFG shares on March 5, 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
Date: March 11, 2020 **Prior year period, 2019, was calculated using Segment Report information from Blue Power Group Limited’s Financial Statements: The Lumber Depot Limited (LUMBER), for the six months ended January 31, 2020, reported revenue of $628.40 million, an increase of 6% year over year (2019: $591.69 million). Cost of sales for the period
March 11, 2020 HONBUN experienced double digit improvements in the Company’s top and bottom line as a direct result of expenditure in high capacity machinery and the renewed push into export sales which grew by 40%, according to Chairman, Herbert Chong. The Company’s Chief Executive Officer (CEO), Mrs. Michelle Chong, highlighted that for the 2019
