May 19, 2023 According to the statistical office of the European Union (Eurostat), in April 2023, the Euro area annual inflation rate was 7.0%, up from 6.9% reported in March 2023. The prior year’s rate was 7.4%. Annual inflation in the European Union was 8.1% in April 2023, down from 8.3% in March 2023. A
May 19, 2023 United States: US Economy Headed for Downturn in Second Half of 2023, Forecasters Say Forecasters see the US economy continuing to cool in the current quarter before a further slowdown in consumer spending and pullback in business investment cause the economy to shrink in the second half of the year. Gross domestic
May 18, 2023 United States: Fed Poised for Big Upgrade to Outlook Despite Swirling Risks Federal Reserve officials are likely to deliver their biggest upward revision to the US economic outlook since 2021 next month, as stress in the banking sector and a looming debt default belie the underlying strength of the economy. That’s likely
May 17, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 16, 2023, was J$14.83. MJE’s last traded price on May 16, 2023 was $10.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
May 17, 2023 Kingston Wharves Limited (KW) for the three ended March 31, 2023 reported total revenue of $2.29 billion, a 2% increase relative to the $2.25 billion recorded for the corresponding period in 2022. Gross profit for the quarter remained relatively flat at $1.10 billion as cost of sales grew 4% year over year
May 17, 2023 United States: US Housing Starts Rise in Sign Home Construction Is Stabilizing US housing starts increased in April, adding to evidence that residential real estate is gradually recovering after a yearlong slump. Beginning home construction rose 2.2% to a 1.4 million annualized rate, according to government data released Wednesday. Single-family homebuilding increased
May 16, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 15, 2023, was J$14.66. MJE’s last traded price on May 15, 2023 was $10.01. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
May 16, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 12, 2023, was J$14.93. MJE’s last traded price on May 12, 2023 was $10.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
May 16, 2023 FirstRock Real Estate Investments Limited (FIRSTROCK) for the three months ended March 31, 2023: Net operating income declined 68% to US$1.20 million (2022: US$3.78 million) following a 75% decline in property income to US$955,635 (2022: US$3.82 million). The contraction was due to the reported US$869,179 in realised and unrealised gain/(loss) on
May 16, 2023 Caribbean Producers (Jamaica) Limited (CPJ) has advised that its Board of Directors approved the appointment of Mr. Stephen Dear as an Independent Executive Director effective May 9, 2023. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
