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31 05, 2024

Ghana receives support from World Bank to strengthen its Financial Sector

2024-05-31T10:04:38-05:00

May 31, 2024 A $250 million International Development Association (IDA)* credit has been approved by the World Bank for a five-year Ghana Financial Stability Project. By promoting financial stability through the recapitalization of banks and specialized deposit-taking institutions (SDIs) affected by Ghana's Domestic Debt Exchange Program (DDEP), the project will support the country's Financial Sector

Ghana receives support from World Bank to strengthen its Financial Sector2024-05-31T10:04:38-05:00
31 05, 2024

Overseas Headlines – May 31, 2024

2024-05-31T08:56:17-05:00

May 31, 2024 United States: Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly Drops The Federal Reserve’s preferred measure of underlying US inflation moderated in April and consumers dialed back their spending, supporting plans for an eventual reduction in interest rates. The so-called core personal consumption expenditures price index, which strips out the volatile food and

Overseas Headlines – May 31, 20242024-05-31T08:56:17-05:00
30 05, 2024

LASD reports 7% growth in year end net profit

2024-05-30T16:37:27-05:00

May 30, 2024   LASCO Distributors Limited (LASD) Audited financials for the year ended March 31, 2024: LASCO Distributors Limited (LASD) reported a 10% increase in revenue totaling $29.19 billion for the year ended March 31, 2024, compared to $26.56 billion in the corresponding period last year. Cost of Sales amounted to $23.91 billion (2023:

LASD reports 7% growth in year end net profit2024-05-30T16:37:27-05:00
30 05, 2024

Dividend Consideration: Express Catering Limited (ECL)

2024-05-30T15:40:52-05:00

May 30, 2024   Express Catering Limited (ECL) has advised that its Board of Directors plans to meet on June 7, 2024, to consider an interim dividend payment.   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s)

Dividend Consideration: Express Catering Limited (ECL)2024-05-30T15:40:52-05:00
30 05, 2024

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for May 29, 2024

2024-05-30T10:49:21-05:00

May 30, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 29, 2024, was J$13.21.  MJE’s closing price on May 29, 2024 was $9.52. The below graph shows MJE’s Net Asset Value movement since 2020.   Disclaimer: Analyst Certification - The views expressed in this research report

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for May 29, 20242024-05-30T10:49:21-05:00
30 05, 2024

EU accounted for 15.2% of world’s GDP in 2021

2024-05-30T10:43:29-05:00

May 30, 2024 According to the International Comparison Program (ICP), the GDP of the European Union (EU) in 2021 accounted for 15.2% of the global GDP in terms of purchasing power standards (PPS). With roughly 18.9% of the global GDP in 2021, China had the biggest economy in the world. United States accounted for 15.5%

EU accounted for 15.2% of world’s GDP in 20212024-05-30T10:43:29-05:00
30 05, 2024

Dominican economy expands by 7.8% in April 2024

2024-05-30T10:41:06-05:00

May 30, 2024 The Central Bank of the Dominican Republic (BCRD), committed to transparency and timely data dissemination, reports the preliminary results of economic activity through April 2024. The Dominican economy registered a remarkable year-on-year expansion of 7.8% in April 2024, accumulating an average growth of 5.1% in the January-April period of this year. This

Dominican economy expands by 7.8% in April 20242024-05-30T10:41:06-05:00
30 05, 2024

Unemployment rate at 6.4% for Euro Area

2024-05-30T10:30:24-05:00

May 30, 2024 The seasonally adjusted unemployment rate for the euro area in April 2024 was 6.4%, compared to 6.5% in both March 2024 and April 2023. The EU unemployment rate was 6.0% in April 2024, stable compared to March 2024 and to April 2023. According to Eurostat, the number of unemployed people in the

Unemployment rate at 6.4% for Euro Area2024-05-30T10:30:24-05:00
30 05, 2024

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for May 28, 2024

2024-05-30T10:05:53-05:00

May 30, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 28, 2024, was J$13.13.  MJE’s closing price on May 28, 2024 was $10.13. The below graph shows MJE’s Net Asset Value movement since 2020.   Disclaimer: Analyst Certification - The views expressed in this research report

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for May 28, 20242024-05-30T10:05:53-05:00
30 05, 2024

Overseas Headlines – May 30, 2024

2024-05-30T09:13:19-05:00

May 30, 2024 United States: Treasuries Steady After Selloff Ahead of GDP and Inflation Data Treasuries pared this week’s sharp losses Thursday after inflation gauges in the US first-quarter economic growth data were unexpectedly revised lower. The revisions rekindled expectations for at least one Federal Reserve interest-rate cut this year, which were dented on Tuesday

Overseas Headlines – May 30, 20242024-05-30T09:13:19-05:00