3 10, 2023

Government Operations Results for August 2023

2023-10-03T12:05:17-05:00

October 3, 2023   Government Operations Results for August 2023   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) or securities as at the date of this report. Each research analyst (s) also certify that no part

Government Operations Results for August 20232023-10-03T12:05:17-05:00
3 10, 2023

iCreate reports year-end net loss of $46.84 million

2023-10-03T12:04:53-05:00

October 03, 2023 iCreate Limited (ICREATE) for the year ended December 30, 2022 reported a 143% increase in Revenue totaling $79.63 million compared to $32.83 million in the corresponding period last year. Cost Of Sales amounted to $30.17 million (2021:$8.34 million), this represents an increase of 262% year over year. Consequently, gross profit increased by

iCreate reports year-end net loss of $46.84 million2023-10-03T12:04:53-05:00
3 10, 2023

Unemployment declines in Euro Area (6.4%) and EU (5.9%) for August 2023

2023-10-03T11:54:03-05:00

October 3, 2023   According to the statistical office of the European Union (Eurostat), the seasonally-adjusted unemployment rate for the euro area was 6.4% in August 2023, down from July’s 6.5% and down from 6.7% in August 2022. Additionally, it was reported that the EU unemployment rate was 5.9% in August 2023, down from 6.0%

Unemployment declines in Euro Area (6.4%) and EU (5.9%) for August 20232023-10-03T11:54:03-05:00
3 10, 2023

Overseas Headlines – October 3, 2023

2023-10-03T08:59:10-05:00

October 3, 2023   United States: State Street Bets on Fed ‘Dramatically’ Cutting Rates Next Year State Street Global Advisors is betting against the higher-for-longer mantra sweeping across global bond markets. The Wall Street giant is wagering that the Federal Reserve will cut interest rates by at least a full percentage point next year —

Overseas Headlines – October 3, 20232023-10-03T08:59:10-05:00
2 10, 2023

Special Advisory: Scotia Group Jamaica Limited (SGJ)

2023-10-02T15:05:06-05:00

October 2, 2023   Scotia Group Jamaica Limited (SGJ) has advised that Yvette Anderson has been appointed to the role of Director, Customer Experience and Advocacy, The Bank of Nova Scotia Jamaica Limited effective October 16, 2023.   Disclaimer: Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however

Special Advisory: Scotia Group Jamaica Limited (SGJ)2023-10-02T15:05:06-05:00
2 10, 2023

Trade In Shares: Scotia Group Jamaica Limited (SGJ)

2023-10-02T15:04:05-05:00

October 2, 2023   Scotia Group Jamaica Limited (SGJ) has advised that a Director purchased 28,638 SGJ shares on September 22, 2023.   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, copying,

Trade In Shares: Scotia Group Jamaica Limited (SGJ)2023-10-02T15:04:05-05:00
2 10, 2023

Special Advisory: NCB Financial Group Limited (NCBFG)

2023-10-02T15:01:12-05:00

October 2, 2023   NCB Financial Group Limited (NCBFG) has advised that Mr. Angus Young has been appointed Chief Executive Officer of NCB Capital Markets Limited (NCBCM) effective October 1, 2023. Mr Young previously held the positions of Head of Regional Investment Banking and New Markets – NCBCM and CEO of NCB Merchant Bank (Trinidad

Special Advisory: NCB Financial Group Limited (NCBFG)2023-10-02T15:01:12-05:00
2 10, 2023

Gross Domestic Product (GDP) grew by 2.3% for Q2 2023

2023-10-02T10:37:49-05:00

October 2, 2023 The Statistical Institute of Jamaica (STATIN) reported a 2.3% increase in Jamaica's total value added at constant prices in the second quarter of 2023 compared to the same quarter of 2022. Services and Goods Producing Industries grew 2.2% and 2.6%, respectively. The performance reflected the economy's sustained recovery from the adverse effects

Gross Domestic Product (GDP) grew by 2.3% for Q2 20232023-10-02T10:37:49-05:00
2 10, 2023

CPJ reports 23% decline in year end net profit attributable to shareholders

2023-10-02T10:11:11-05:00

October 2, 2023 Figures are quoted in United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the year ended June 30, 2023 reported a 19% increase in Gross Operating Revenue totaling US$142.58 million compared to US$119.96 million in the corresponding period last year. Gross Operating Revenue for the fourth

CPJ reports 23% decline in year end net profit attributable to shareholders2023-10-02T10:11:11-05:00
2 10, 2023

BOJ holds Policy Interest Rate at 7%

2023-10-02T09:49:01-05:00

October 2, 2023 The Monetary Policy Committee (MPC) of the Bank of Jamaica (BOJ) unanimously agreed to maintain the policy interest rate at 7%. This should maintain tight Jamaican dollar liquidity enable stability in the foreign exchange market. The Committee’s decision is intended to ensure that the country’s inflation rate continues to trend downward to the

BOJ holds Policy Interest Rate at 7%2023-10-02T09:49:01-05:00