17 05, 2024

Jamaica’s inflation rate fell by 0.7% for April 2024

2024-05-17T10:42:54-05:00

May 17, 2024 The Statistical Institute of Jamaica (STATIN) reported that for April 2024, the point-to-point inflation rate was +5.3%; 0.3 percentage points lower than the prior point-to-point inflation rate. However, for the month of April 2024, the inflation rate was -0.7%, the fourth consecutive monthly decline. The main driver of the monthly decrease (0.7%)

Jamaica’s inflation rate fell by 0.7% for April 20242024-05-17T10:42:54-05:00
17 05, 2024

Annual inflation in the euro area is steady at 2.4% annually

2024-05-17T10:20:50-05:00

May 17, 2024 In April 2024, the annual inflation rate in the euro area remained constant at 2.4% when compared to March 2024. In the year earlier the annual inflation rate was 7.0%. In April 2024, the EU's annual inflation rate remained steady at 2.6% from March 2024. In the previous the annual inflation rate

Annual inflation in the euro area is steady at 2.4% annually2024-05-17T10:20:50-05:00
17 05, 2024

VMIL reports 2462% jump in first quarter net profit

2024-05-17T10:10:39-05:00

May 17, 2024 VM Investments Limited (VMIL) for the first quarter ended March 31, 2024, reported a 14% increase in interest income totalling $432.13 million compared to $378.01 million in the corresponding three months last year. Interest Expense amounted to $400.74 million (2023: $286.38 million), this represents an increase of 40% year over year. Consequently,

VMIL reports 2462% jump in first quarter net profit2024-05-17T10:10:39-05:00
17 05, 2024

Overseas Headlines – May 17, 2024

2024-05-17T08:51:37-05:00

May 17, 2024 United States: Fed Officials Suggest Interest Rates Should Stay High for Longer Several Federal Reserve officials said the central bank should keep borrowing costs high for longer as policymakers await more evidence inflation is easing, suggesting they’re not in a rush to cut interest rates. Cleveland Fed President Loretta Mester, New York

Overseas Headlines – May 17, 20242024-05-17T08:51:37-05:00
16 05, 2024

GENAC reports 4% increase in three months net profit

2024-05-16T15:26:06-05:00

May 16, 2024 General Accident Insurance Co. Ja. Ltd. (GENAC) Unaudited financials for the first quarter ended March 31, 2024: General Accident Insurance Co. Ja. Ltd. (GENAC) for the first quarter ended March 31, 2024, reported a 16% increase in insurance revenue totalling $2.58 billion compared to $2.23 billion in the corresponding three months last

GENAC reports 4% increase in three months net profit2024-05-16T15:26:06-05:00
16 05, 2024

SEP reports 56% increase in year end net profit

2024-05-16T15:21:38-05:00

May 16, 2024   Seprod Limited(SEP) Seprod Limited (SEP) for the year ended December 31, 2023, reported a 43% increase in Turnover totaling $112.15 billion compared to $78.43 billion in the corresponding period last year. Turnover for the fourth quarter had a 9% increase to close at $30.84 billion compared to $28.23 billion for the

SEP reports 56% increase in year end net profit2024-05-16T15:21:38-05:00
16 05, 2024

Tropical reports 5% increase in six months net profit

2024-05-21T10:04:33-05:00

May 16, 2024 Tropical Battery Company Limited (Tropical) Unaudited financials for the six months ended March 31, 2024: Tropical Battery Company Limited (Tropical) for the six months ended March 31, 2024, reported a 75% increase in Revenue totaling $2.36 billion compared to $1.35 billion in the corresponding period last year. Revenue for the second quarter

Tropical reports 5% increase in six months net profit2024-05-21T10:04:33-05:00
16 05, 2024

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for May 15, 2024

2024-05-16T15:04:35-05:00

May 16, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 15, 2024, was J$13.41.  MJE’s closing price on May 15, 2024 was $10.45. 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 15, 20242024-05-16T15:04:35-05:00
16 05, 2024

Trade In Shares: Supreme Ventures Limited (SVL)

2024-05-16T14:59:50-05:00

May 16, 2024   Supreme Ventures Limited (SVL) has advised that on May 14, 2024, a senior manager sold 120,372 SVL Shares.   Disclaimer: Company Disclosure - The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure,

Trade In Shares: Supreme Ventures Limited (SVL)2024-05-16T14:59:50-05:00
16 05, 2024

Dividend Declaration: Eppley Limited (EPLY)

2024-05-16T14:59:30-05:00

May 16, 2024   Eppley Limited (EPLY) has declared an ordinary dividend of 5.2 cents per share payable on June 14, 2024, to shareholders on record as at May 31, 2024. The ex-dividend date is May 31, 2024.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry

Dividend Declaration: Eppley Limited (EPLY)2024-05-16T14:59:30-05:00