November 17, 2020 The weak performance in the equities market thus far in 2020 reflects low investor interest due to continued uncertainty about the prospects for the economy, stemming from the COVID-19 pandemic. For the third quarter ended September 2020, all the Jamaica Stock Exchange (JSE) indices recorded declines. "Stock price appreciation during the
December 17, 2020 The House of Representatives, on Tuesday December 15th, approved measures to designate the services provided by cambios and electronic retail payment providers as financial services under the Banking Services Act. The designation will complement the Bank of Jamaica’s (BOJ) efforts at improving financial services offered to Jamaicans. Minister of Finance and the
United States: SNB Defies U.S. Criticism to Renew Currency Intervention Vow “The Swiss National Bank renewed its pledge to use currency interventions to counter upward pressure on the franc just a day after being censured by the U.S. for the practice. SNB officials led by President Thomas Jordan called the franc “highly valued,” sticking with a key
Daily Market Summary 16.12.2020 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
December 16, 2020 GWest Corporation Limited (GWEST) has advised that a Director purchased 50,000 GWEST shares on December 11, 2020. 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
December 16, 2020 Radio Jamaica Limited (RJR) has advised that the companies in the RJRGLEANER Communications Group on Friday, December 11, 2020, completed a reorganisation exercise primarily driven by the negative impact of the Coronavirus 2019 Disease (COVID-19) and the need for continued changes as the global media and communications industry continues to be transformed. For further
December 16, 2020 Jamaican Teas Limited (JAMT) has advised that a Director purchased 30,000 JAMT shares on December 14, 2020. 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
December 16, 2020 Paramount Trading (Jamaica) Limited (PTL) has declared an interim dividend of four cents ($0.04) per ordinary share payable on January 14, 2021 to shareholders on record as at December 30, 2020. The ex-dividend date is December 29, 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of
December 16, 2020 On December 16, 2020, the Federal Reserve reiterated its commitment to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Though the novel Corona virus continues to cause tremendous hardship across the United States and around the
Updated January 29, 2021 Indies Pharma Jamaica Limited (INDIES), reported revenues for the twelve months ended October 31, 2020 of $765.95 million, an increase of 5% when compared with the $729.45 million booked last year. Revenues for the fourth quarter increased 33% to $200.12 million (2019: $150.09 million). Cost of sales amounted to a total
