23 06, 2023

Overseas Headlines – June 23, 2023

2023-06-23T08:42:57-05:00

June 23, 2023   United States: US Economy Seen Skirting Recession But With Sticky Inflation The US economy is now expected to narrowly dodge a recession this year but underlying inflation will be faster than previously thought, according to the latest Bloomberg monthly survey of economists. Gross domestic product is now forecast to only contract

Overseas Headlines – June 23, 20232023-06-23T08:42:57-05:00
22 06, 2023

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for June 21, 2023

2023-06-22T15:22:16-05:00

June 22, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 21, 2023, was J$13.93.  MJE’s last traded price on June 21, 2023 was $10.99. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for June 21, 20232023-06-22T15:22:16-05:00
22 06, 2023

US construction spending grew by 1.2% in April 2023

2023-06-22T11:46:44-05:00

June 22, 2023   Total Construction ​For construction spending in April 2023, a seasonally adjusted annual rate of $1,908.4 billion was predicted. This represents a 1.2% increase when compared to the updated March forecast of $1,885.0 billion and a 7.2% increase relative to the April 2022 projection of $1,780.9 billion. In the first four months

US construction spending grew by 1.2% in April 20232023-06-22T11:46:44-05:00
22 06, 2023

Gas Price Movement – June 22, 2023

2023-06-22T09:59:18-05:00

June 22, 2023   Gas Price Movement - June 22, 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 at the date of this report. Each research analyst (s) also certify that no

Gas Price Movement – June 22, 20232023-06-22T09:59:18-05:00
22 06, 2023

Bank of England raises the bank rate to 5.00%

2023-06-22T09:38:26-05:00

June 22, 2023 The Bank of England’s Monetary Policy Committee (MPC) at its June 21, 2023 meeting voted to increase Bank Rate by 0.50 percentage points, to 5.00%, as opposed to maintaining the Bank Rate at 4.50%. The MPC observes that the second-round effects in domestic price and wage developments generated by external cost shocks

Bank of England raises the bank rate to 5.00%2023-06-22T09:38:26-05:00
22 06, 2023

Overseas Headlines – June 22, 2023

2023-06-22T08:51:11-05:00

June 22, 2023   United States: Distressed US Commercial Property Assets Swell to $64 Billion Distress is spreading in the US commercial real estate industry, with the amount of troubled assets climbing to nearly $64 billion in the first quarter of this year. The amount of distressed assets rose 10% in the first three months

Overseas Headlines – June 22, 20232023-06-22T08:51:11-05:00
22 06, 2023

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for June 20, 2023

2023-06-22T06:37:05-05:00

June 22, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 20, 2023, was J$14.00. MJE’s last traded price on June 20, 2023 was $11.00. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for June 20, 20232023-06-22T06:37:05-05:00
21 06, 2023

Project Star Social Stock – Initial Public Offer

2023-06-21T16:53:17-05:00

June 21, 2023   Project STAR Dossier Company Disclosure - The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited

Project Star Social Stock – Initial Public Offer2023-06-21T16:53:17-05:00
21 06, 2023

JETCON reports year end net profit of $24.76 million

2023-06-21T11:40:19-05:00

June 21, 2023 Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2022, reported a 19% increase in turnover for the twelve months to $1.03 billion (2021: $869.59 million), while for the fourth quarter revenues declined by 14% to $225.00 million in 2022 from $262.65 million in 2021. Cost of sales also increased by 19%

JETCON reports year end net profit of $24.76 million2023-06-21T11:40:19-05:00
21 06, 2023

UK’s inflation rate was 8.7% in May 2023

2023-06-21T09:37:22-05:00

June 21, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.9% as at May 2023, up from 7.8% in April. The Consumer Prices Index (CPI) rose by 8.7%, unchanged from April. On a monthly basis, CPIH rose by 0.6% in May 2023

UK’s inflation rate was 8.7% in May 20232023-06-21T09:37:22-05:00