March 13, 2024 In the 2024/2025 Budget Debate, Finance Minister Dr. Nigel Clarke announced plans to increase the capital threshold for companies listed on the Junior Market of the Jamaica Stock Exchange. The threshold will rise from $500 million to $750 million, pending an amendment to the Income Tax Act. According to the Jamaica
March 13, 2024 The Jamaican government has announced significant changes to customs duty thresholds, set to take effect in April. Finance Minister Dr. Nigel Clarke unveiled the adjustments during the opening of the 2024/25 Budget Debate in the House of Representatives. The changes include doubling the duty threshold for personal items from US$50 to US$100
March 13, 2024 United States: US Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes US consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts. The consumer price index rose by more than forecast across the board in January — on a
March 12, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 29, 2024, was J$14.26. MJE’s closing price on February 29, 2024 was $10.88. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research
March 12, 2024 Massy Holdings Ltd. (MASSY) has advised that on March 8, 2024, Mr. David O’Brien, Executive Vice President, Global Expansion, indicated his intention to resign from the Company effective June 8, 2024. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
March 12, 2024 Main Event Entertainment Group Limited (MEEG) for the first quarter ended January 31, 2024, reported a 9% decrease in revenues totalling $567.75 million compared to $626.99 million in the corresponding three months last year. MEEG noted, “This was mainly due to a one-off event for one of our major clients which is
March 12, 2024 Everything Fresh Limited (EFRESH) for the twelve months ended December 31, 2023, reported a 20% increase in Revenue totalling $3.17 billion compared to $2.64 billion in the corresponding period last year. Revenue for the fourth quarter had a 4% increase to close at $765.74 million compared to $736.89 million for the comparable
March 12, 2024 In February, the Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.4 percent on a seasonally adjusted basis, following a 0.3 percent increase in January, according to the U.S. Bureau of Labor Statistics. Over the past year, the all items index climbed by 3.2 percent before seasonal adjustment. There were
March 12, 2024 United States: US Core Inflation Tops Forecasts Again, Reinforcing Fed Caution Underlying US inflation topped forecasts for a second month in February as prices jumped for used cars, air travel and clothes, reinforcing the Federal Reserve’s cautious approach to cutting interest rates. The so-called core consumer price index, which excludes food
March 11, 2024 Wisynco Group Limited (WISYNCO) has advised that an executive sold 99,596 WISYNCO stock units during the period March 4 to 5, 2024. 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
