September 21, 2023 United States: Fed Signals Higher-for-Longer Rates With Hikes Almost Finished Federal Reserve Chair Jerome Powell made clear Wednesday the central bank is close to done raising interest rates, but his colleagues delivered the message that resonated: Borrowing costs must remain higher for longer amid renewed strength in the economy. After a
September 20, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for September 19, 2023, was J$14.23. MJE’s last traded price on September 19, 2023 was $10.91. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
September 20, 2023 Tropical Battery Company Limited (TROPICAL) has advised that Tropical Mobility, a majority owned subsidiary of the Company, has been awarded a JMD 7M innovation grant to commercialize Tropical Delivery, a zero emissions last mile delivery service app. Tropical Mobility was selected by the Development Bank of Jamaica for a commercialization grant
September 20, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for September 18, 2023, was J$14.80. MJE’s last traded price on September 18, 2023 was $11.25. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
September 20, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 6.3% in the 12 months to August 2023, down from 6.4% in July. The Consumer Prices Index (CPI) rose by 6.7%, down from 6.8% in July. On a monthly basis, CPIH rose
September 20, 2023 According to the statistical office of the European Union (Eurostat), in August 2023, the Euro area annual inflation rate was 5.2%, down from 5.3% reported in July 2023. The prior year’s rate was 9.1%. Annual inflation in the European Union was 5.9% in August 2023, down from 6.1% in July 2023. The
September 20, 2023 United States: Fed Set to Pause Rate Hikes, But Don’t Count Out Another Increase The Federal Reserve is expected to pause its interest-rate hikes Wednesday for the second time this year following a slowing in inflation while leaving the door open for another increase as early as November. The Federal Open
September 19, 2023 Sagicor Group Jamaica Limited (SJ) has advised that its Board of Directors at a meeting held on September 15, 2023, declared a 2nd interim dividend of Fifty and a Half Cents (50.5 cents) per stock unit payable on October 19, 2023, to shareholders on record at close of business on October
September 19, 2023 Sygnus Credit Investments Limited (SCI, SCIJMD, SCIUSD) has advised that at a meeting of its Board of Directors held on September 15, 2023, an interim dividend of US$0.00272 per share was declared. The dividend will be paid on October 13, 2023 to all shareholders on record as at October 2, 2023.
September 19, 2023 Supreme Ventures Limited (SVL) has advised that on September 15, 2023, a Senior Manager sold 110,911 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,
