29 04, 2021

U.S. First Quarter 2021 Gross Domestic Product rose 6.4%

2021-04-29T18:21:25-05:00

April 29, 2021 Real gross domestic product (GDP) rose at an annual rate of 6.4% for the first quarter of 2021 according to the advance estimate released by the Bureau of Economic Analysis (BEA). However, for the fourth quarter of 2020, real GDP had a 4.3% growth. The upward movement in real GDP for the first

U.S. First Quarter 2021 Gross Domestic Product rose 6.4%2021-04-29T18:21:25-05:00
29 04, 2021

Gas Price Movement – April 29, 2021

2021-04-29T15:07:24-05:00

Brent Oil Brent oil prices increased by 3.39% or US$2.22, as prices increased this week relative to the prior week. Oil traded on April 29, 2021 at a price of US$67.62 per barrel relative to US$65.40 on April 22, 2021. Brent oil opened 2021 year at US$54.52 per barrel. Petrojam prices 87 Octane prices increased

Gas Price Movement – April 29, 20212021-04-29T15:07:24-05:00
29 04, 2021

CCC reports 216% increase in first quarter net profit

2021-04-29T12:29:48-05:00

Date: April 29, 2021 Caribbean Cement Company Limited (CCC), for the three months ended March 2021, reported total revenue of $5.97 billion for the quarter, an increase of 31% when compared with the $4.55 billion reported in 2020. Cost of sales amounted to $3.08 billion (2020: $2.68 billion), which resulted in gross profit of $2.88

CCC reports 216% increase in first quarter net profit2021-04-29T12:29:48-05:00
29 04, 2021

PURITY reports year end net loss of $14.42 million

2021-04-29T11:50:37-05:00

April 29, 2021 Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a 3% decrease in revenue to $993.98 million from $1.03 billion reported for the corresponding period in 2019. For the quarter, the Company recorded revenues of $223.98 million (2019: $240.61 million), representing a 7% decline. Cost of sales for the year ended December 31, 2020 fell

PURITY reports year end net loss of $14.42 million2021-04-29T11:50:37-05:00
29 04, 2021

PJX reports 57% increase in year end net profit

2021-04-29T10:31:44-05:00

April 29, 2021 Portland JSX Limited (PJX) reported net gains on financial assets classified as at fair value through profit and loss of US$2.60 million compared to a gain of US$2.31 in 2020. PJX recorded a net gain on financial assets classified as at fair value through profit and loss for the fourth quarter of US$3.76 million

PJX reports 57% increase in year end net profit2021-04-29T10:31:44-05:00
29 04, 2021

Overseas Headlines – April 29, 2021

2021-04-29T08:32:48-05:00

United States: Weaponizing Dollar Risks Echo of Sterling’s Decline, Study Says “U.S. officials leveraging the dollar’s dominance as a reserve currency to wield influence should heed the lessons of the Sterling Area’s decline, according to a newly published study. The paper, released this month by the Centre for Economic History at Queen’s University Belfast, looks

Overseas Headlines – April 29, 20212021-04-29T08:32:48-05:00
28 04, 2021

Trade in Shares:  Sterling Investments Limited (SIL)

2021-04-28T14:58:03-05:00

April 28, 2021 Sterling Investments Limited (SIL)has advised that a Director purchased a total of 429,358 SIL shares effective April 23, 2021 under the Dividend Reinvestment Programme of the Company. SIL has further advised that three connected parties purchased a total of 71 ,861 SIL shares effective April 23, 2021 as part of the Dividend Reinvestment

Trade in Shares:  Sterling Investments Limited (SIL)2021-04-28T14:58:03-05:00
28 04, 2021

Daily Market Summary – April 28, 2021

2021-04-28T14:52:11-05:00

Mayberry Market Summary- 28.4.2021 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 of their compensation was, is, or will be,

Daily Market Summary – April 28, 20212021-04-28T14:52:11-05:00
28 04, 2021

U.S records international goods trade deficit of $90.6 billion for March 2021

2021-04-28T13:56:35-05:00

April 28, 2021 The advance international trade in goods recorded a deficit of $90.6 billion in March 2021, up $3.5 billion from $87.1 billion in February 2021. Exports of goods for March were $142.0 billion, $11.4 billion more than exports reported in February. Imports of goods for March amounted to $232.6 billion, $14.9 billion more

U.S records international goods trade deficit of $90.6 billion for March 20212021-04-28T13:56:35-05:00
28 04, 2021

Unemployment rate rose in the majority of EU regions in 2020

2021-04-28T12:55:57-05:00

April 28, 2021 In 2020 the unemployment rate of people aged 15-74 increased in the majority of the Nomenclature of Territorial Units for Statistics (NUTS 2) regions of the EU. It continued to vary widely across the EU regions, with the lowest unemployment rate recorded in the Polish region Wielkopolskie (1.8%), in two Czech regions: Central Bohemia

Unemployment rate rose in the majority of EU regions in 20202021-04-28T12:55:57-05:00