20 07, 2023

Overseas Headlines – July 20, 2023

2023-07-20T09:45:35-05:00

July 20, 2023   United States: Fed Seen Hiking Final Time to a 22-Year Peak in Economist Survey Most economists expect the Federal Reserve to lift interest rates one more time next week as it ends a 16-month hiking cycle that has been the most aggressive fight against US inflation in 40 years. The Federal Open Market Committee will

Overseas Headlines – July 20, 20232023-07-20T09:45:35-05:00
20 07, 2023

Mayberry Investments Limited (MIL) Unaudited Financial Results for the Six Months ended June 30, 2023

2023-07-20T09:19:33-05:00

July 20, 2023   Click the links below to view Mayberry Investment Limited's (MIL) Unaudited Financial results for the Six months ended June 30, 2023. Mayberry Investments Limited (MIL) Unaudited Financial Resuts for the Six Months ended June 30, 2023   Company Disclosure -The information contained herein has been obtained from sources believed to be

Mayberry Investments Limited (MIL) Unaudited Financial Results for the Six Months ended June 30, 20232023-07-20T09:19:33-05:00
19 07, 2023

Trade In Shares: Kingston Wharves Limited (KW)

2023-07-19T14:53:58-05:00

July 19, 2023   Kingston Wharves Limited (KW) has advised that a connected party sold a total of 83,388 KW shares between July 13 - 18, 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

Trade In Shares: Kingston Wharves Limited (KW)2023-07-19T14:53:58-05:00
19 07, 2023

Special Advisory: Guardian Holdings Limited (GHL)

2023-07-19T14:52:36-05:00

July 19, 2023   Guardian Holdings Limited (GHL) has advised that the leave of absence taken by the Honourable Michael Lee-Chin, OJ has now come to an end. He will accordingly resume active participation on the Boards of NCB Financial Group Limited, National Commercial Bank Jamaica Limited and Guardian Holdings Limited.   Disclaimer: Analyst Certification -The

Special Advisory: Guardian Holdings Limited (GHL)2023-07-19T14:52:36-05:00
19 07, 2023

IPCL reports 11% decrease in first quarter net profit

2023-07-19T12:33:00-05:00

July 19, 2023   Image Plus Consultants Ltd. for the three months ended May 31, 2023, reported a 7% increase in revenue to $300.18 million (2022: $281.09 million). Cost of sales grew 18% to $108.41 million from $91.93 million in 2022. As a result, gross profit amounted to $191.78 million, 1% higher than the $189.16

IPCL reports 11% decrease in first quarter net profit2023-07-19T12:33:00-05:00
19 07, 2023

UK’s inflation rate was 7.9% in June 2023

2023-07-19T11:04:55-05:00

July 19, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.3% as at June 2023, down from 7.9% in May. The Consumer Prices Index (CPI) rose by 7.9%, down from 8.7% in May. On a monthly basis, CPIH rose by 0.2% in

UK’s inflation rate was 7.9% in June 20232023-07-19T11:04:55-05:00
19 07, 2023

Annual inflation down to 5.5% in the euro area – June 2023

2023-07-19T10:35:15-05:00

July 19, 2023 According to the statistical office of the European Union (Eurostat), in June 2023, the Euro area annual inflation rate was 5.5%, down from 6.1% reported in May 2023. The prior year’s rate was 8.6%. Annual inflation in the European Union was 6.4% in June 2023, down from 7.1% in May 2023. A

Annual inflation down to 5.5% in the euro area – June 20232023-07-19T10:35:15-05:00
19 07, 2023

AMG reports 7% decrease in nine-month net profit

2023-07-19T10:35:12-05:00

July 19, 2023   AMG Packaging & Paper Company Limited (AMG) for the nine months ended May 31, 2023, reported a 6% increase in turnover totalling $781.84 million (2022: $738.38 million). Turnover for the third quarter had a 12% increase to close at $281.02 million compared to $251.57 million for the comparable quarter of 2022.

AMG reports 7% decrease in nine-month net profit2023-07-19T10:35:12-05:00
19 07, 2023

Overseas Headlines – July 19, 2023

2023-07-19T09:14:50-05:00

July 19, 2023   United States: US Housing Starts Fell in June After Surging in Prior Month New US home construction retreated in June after surging a month earlier, to a pace that still indicates builders are working to fill the void left by lean housing inventory in the resale market. Residential starts fell 8%

Overseas Headlines – July 19, 20232023-07-19T09:14:50-05:00
18 07, 2023

Jamaica’s inflation rate rose by 1.0% for June 2023

2023-07-18T16:50:04-05:00

July 18, 2023   The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 6.3% for June 2023 compared to June 2022. However, for the month of June 2023, the inflation rate was +1.0%. The main driver of the monthly increase was a 1.3% rise in the index for

Jamaica’s inflation rate rose by 1.0% for June 20232023-07-18T16:50:04-05:00