August 19, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased from 121.8 in June 2022 to 122.7 in July 2022, Consequently the inflation rate for July 2022 was 0.7%. The biggest factor contributing to this increase was the division's index for ‘Food and Non-Alcoholic Beverages,’ which increased
August 19, 2022 Berger Paints Jamaica Limited (BRG) Financials for the six months ended June 30, 2022:- Berger Paints Jamaica Limited (BRG) for the six months ended June 30, 2022 reported total revenues of $1.39 billion, a 10% increase relative to $1.26 billion reported for the comparable period in 2021. For the quarter, revenues amounted to $673.09 million (2021:
August 19, 2022 The trend of the last three CPI figures has encouraged the Bank of Jamaica (BOJ) to increase the policy interest rate by 50 basis points to 6% per annum effective August 19, 2022. After peaking quicker and lower than projected in April 2022, inflation was 10.9% in May and June, and 10.2%
August 19, 2022 United States: US Futures Slide as Global Rate-Hike Wagers Surge: Markets Wrap US equity-index futures fell with Treasuries after a chorus of Federal Reserve officials reiterated their resolve to continue rate hikes and traders raised tightening wagers for other major central banks. The dollar headed for the biggest weekly rally since
August 18, 2022 PanJam Investment Limited (PJAM) has advised that a connected party purchased 800 shares on August 16, 2022. 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
August 18, 2022 NCB Financial Group Limited (NCBFG) has advised of the intention of its wholly owned subsidiary, National Commercial Bank Jamaica Limited, to raise up to US$300,000,000.00 (THREE HUNDRED MILLION UNITED STATES DOLLARS) by way of the Securitization of its Credit Card Merchant Voucher Receivables. The transaction will be rated by FITCH Ratings and placed
August 17, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for August 17, 2022, was J$16.57. MJE’s last traded price on August 17, 2022, was $13.90. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
August 18, 2022 MFS Capital Partners Limited (MFS) For the year ended June 30, 2022: - For the year ended June 30, 2022, MFS Capital Partners Limited (MFS) reported no revenues (2021: $19.70 million). SSLVC reported no cost of sales (2021: $20.24 million) and consequently no Gross Profit for the period under review. MFS reported ‘Other Income’ of $63.31 million for
August 18, 2022 United States: US Futures Muted as Fed Policy Concerns Linger: Markets Wrap U.S. equity-index futures traded slightly higher even as sentiment remained fragile after the Federal Reserve signaled inflation-busting rate hikes will continue despite a weakening economy. September contracts on the S&P 500 and Nasdaq 100 rose at least 0.1% after
August 17, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for August 16, 2022, was J$16.43. MJE’s last traded price on August 16, 2022, was $14.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
