May 9, 2024 The Bank of England’s Monetary Policy Committee (MPC) at its meeting ended May 8, 2024, voted to maintain the Bank Rate at 5.25%, as opposed to reducing the bank rate by 0.25 percentage points. The MPC believes that the bank rate will help sustain growth and employment, and ultimately meet the 2%
Salada Foods Jamaica Ltd.(SALF) Unaudited financials for the six months ended March 31, 2024: Salada Foods Jamaica Ltd. (SALF) reported a 6% increase in turnover to $726.78 million for the six months ended March 31, 2024, compared to $688.26 million for the corresponding period last year. Turnover for the second quarter ending March
May 9, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 1, 2024, was J$13.36. MJE’s closing price on May 1, 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
May 9, 2024 According to the Central Bank of Barbados, despite facing challenges such as elevated foreign interest rates, geopolitical tensions, higher freight costs, and adverse local weather conditions, Barbados' economy demonstrated growth in early 2024, further strengthening key economic aggregates like the current account balance and debt-to-GDP ratio. During the first quarter of 2024,
May 9, 2024 Dolla Financial Services Limited (Dolla) Unaudited financials for the first quarter ended March 31, 2024: Dolla Financial Services Limited (Dolla) for the first quarter ended March 31, 2024, reported a 26% increase in interest income totalling $364.68 million compared to $288.54 million in the corresponding three months last year. Dolla attributed the
May 8, 2024 United States: Private Equity’s $3 Trillion Burden Sparks Hunt for Exit Options As the market for initial public offerings bounces back after two lifeless years, investors who’ve been impatiently waiting for their payoff are finally getting some returns. But the revival hasn’t come fast enough: Behind the scenes, the private equity shops
May 9, 2024 First estimates from Eurostat, the European Union's statistical office, show that seasonally adjusted services production rose by 1.1% in the EU and by 1.0% in the Euro Area in February 2024 compared to January 2024. The production of services increased by 0.8% in the euro region and by 0.3% throughout the EU in
May 8, 2024 Berger Paints Jamaica Limited (BRG) Unaudited financials for the first quarter ended March 31, 2024: Berger Paints Jamaica Limited (BRG), for the first quarter of March 31, 2024, reported an 8% increase in turnover totaling $772.35 million compared to $717.53 million in the corresponding period last year. The company's effective cost management
May 8, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 30, 2024, was J$13.35. MJE’s closing price on April 30, 2024 was $10.07. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research report
May 8, 2024 Jamaican Teas Limited (JAMT) has advised that a connected party sold 790,142 JAMT shares during the period May 2 to 7, 2024. JAMT has also advised that in April 2024, the Company issued a total of 1,200,000 JAMT shares to 4 employees pursuant to share options issued in 2021 and exercised
