16 06, 2022

Fed hikes its benchmark interest rate by 0.75 percentage point

2022-06-16T14:00:29-05:00

June 16, 2022 Overall economic activity has seemingly improved when compared the first quarter of 2022, with increased job gains and low unemployment. Inflation, however, remains elevated due to supply and demand imbalances from the pandemic, higher energy prices, and broader price pressures. The invasion of Ukraine by Russia has led to upward inflationary pressures

Fed hikes its benchmark interest rate by 0.75 percentage point2022-06-16T14:00:29-05:00
13 06, 2022

Board Resignation: Scotia Group Jamaica Limited (SGJ) 

2022-06-13T15:03:04-05:00

June 13, 2022 Scotia Group Jamaica Limited (SGJ) has advised of the resignation of Mr. Richard Fraser, Vice President, Snr. Legal Counsel & Corporate Secretary effective July 14, 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

Board Resignation: Scotia Group Jamaica Limited (SGJ) 2022-06-13T15:03:04-05:00
13 06, 2022

Potential revival of risks for some loans despite continued improvement in asset quality

2022-06-13T11:38:30-05:00

June 13, 2022 During 2021, the asset quality of euro area banks improved while stocks of non-performing loans (NPLs) continued downward and inflows into riskier asset stages slowed. In the fourth quarter of 2021, the aggregate NPL ratio reached its lowest level since 2008, which was 2.1% of total loans or 58 basis points lower

Potential revival of risks for some loans despite continued improvement in asset quality2022-06-13T11:38:30-05:00
13 06, 2022

Featured Stock – JMMBGL

2022-06-13T11:21:12-05:00

June 13, 2022 Weekly Picks 13.06.2022_ JMMBGL 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,

Featured Stock – JMMBGL2022-06-13T11:21:12-05:00
10 06, 2022

Board Appointment: Scotia Group Jamaica Limited (SGJ) 

2022-06-10T16:15:52-05:00

June 10, 2022 Scotia Group Jamaica Limited (SGJ) has advised that Mr. James McPhedran has been appointed to the Boards of Directors of Scotia Group Jamaica Limited and The Bank of Nova Scotia Jamaica Limited effective June 8, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry

Board Appointment: Scotia Group Jamaica Limited (SGJ) 2022-06-10T16:15:52-05:00
10 06, 2022

Board Resignation: Scotia Group Jamaica Limited (SGJ) 

2022-06-10T16:15:11-05:00

June 10, 2022 Scotia Group Jamaica Limited (SGJ) has advised of the resignation of Mrs. Leslie Reid from the Boards of Directors of the Bank and Scotia Group effective June 8, 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

Board Resignation: Scotia Group Jamaica Limited (SGJ) 2022-06-10T16:15:11-05:00
9 06, 2022

Dividend Declaration: Scotia Group Jamaica Limited (SGJ) 

2022-06-09T15:52:42-05:00

June 9, 2022 Scotia Group Jamaica Limited (SGJ) has declared a dividend of 35 cents ($0.35) per share payable on July 20, 2022 to shareholders on record as at June 28, 2022. The ex-dividend date is June 27, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry

Dividend Declaration: Scotia Group Jamaica Limited (SGJ) 2022-06-09T15:52:42-05:00
9 06, 2022

SGJ reports six months net profit attributable to shareholders of $4.37 billion

2022-06-10T10:47:16-05:00

June 9, 2022 Scotia Group Jamaica Limited (SGJ) reported an increase in Net Interest Income to $12.71 billion, moving from $11.30 billion for the corresponding period in 2021. Notably, Interest Income for the period increased from $12.25 billion in 2021 to $13.60 billion in the period under review. Interest Expense declined 6% to total $894.90

SGJ reports six months net profit attributable to shareholders of $4.37 billion2022-06-10T10:47:16-05:00
9 06, 2022

Higher Prices Slow the Global Economy’s Recovery

2022-06-09T09:27:13-05:00

June 9, 2022 For May 2022, the European Central Bank (ECB) reported that the global economy continued to be affected by the Russia-Ukraine war. The effects of the invasion caused some repricing in global financial markets and further depleted the confidence of businesses and consumers despite the lifting of the tight restrictions, which were imposed

Higher Prices Slow the Global Economy’s Recovery2022-06-09T09:27:13-05:00
8 06, 2022

Dividend Consideration: Kingston Wharves Limited (KW)

2022-06-08T16:05:16-05:00

June 8, 2022 Kingston Wharves Limited (KW) has advised that its Board of Directors will consider the declaration of a dividend at a Board meeting scheduled on Thursday, June 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

Dividend Consideration: Kingston Wharves Limited (KW)2022-06-08T16:05:16-05:00