May 28, 2020 Brent Oil Brent oil prices decreased by 0.55% or US$0.20, as prices fell this week relative to the prior week. Oil traded on May 28, 2020 at a price of US$35.86 per barrel relative to US$36.06 on May 21, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
May 28, 2020 Real gross domestic product (GDP) declined at an annual rate of 5% for the first quarter of 2020 according to the second estimate released by the Bureau of Economic Analysis (BEA). However, for the fourth quarter of 2019, real GDP had a 2.1% growth. The downward movement in real GDP for the
United States: Trump-China Feud Is Increasing Risks for Markets and Economy “It’s only a matter of time before the Trump administration hits China over a range of grievances. The question for CEOs, investors and economic policy makers is how bad things will get. U.S. lawmakers moved on two fronts Wednesday, with Secretary of State Michael
GraceKennedy Limited streamed its Annual General Meeting (AGM), which was hosted by Chairman, Prof. Gordon Shirley. Group Chief Executive Officer (CEO), Mr. Don Wehby, presented the Group’s financial highlights, achievements, strategic drivers and corporate social responsibilities. Under these highlights, the CEO pointed out the following achievements: GK was presented with the 2019 award for
May 27, 2020 Supreme Ventures Limited (SVL) has advised that a connected party sold 300,000 SVL shares on May 22, 2020. 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
May 27, 2020 tTech Limited (TTECH) has advised of the appointment of Mr. Justin Morin as an Independent Non-Executive Director effective May 25, 2020 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
May 27, 2020 Wigton Windfarm Limited (WIG) has advised that the Board of Directors of the Company will be convening a meeting on June 2, 2020 to consider the payment of a dividend to stockholders. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
May 27, 2020 Sagicor Group Jamaica Limited (SJ) has advised that 8,000 SJ shares were transferred on May 26, 2020 to eligible employees of the Company under the SLJ Employee Share Purchase Plan. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s)
May 27, 2020 During the period January to February 2020 the Jamaica’s imports amounted US$941.1 million decreasing by 14.3% relative to US$1,098.3 million for the corresponding period in 2019 based on data released by the Statistical Institute of Jamaica (STATIN). Revenue from total exports totalled US$238.2 million for the period under review, a decline of
United States: The Fed Boldly Saves Markets. Now It’s Worrying About Main Street Business “The Federal Reserve’s next front in the battle to support the U.S. economy is to prevent millions of American small businesses from becoming the Achilles heel of the recovery.Fed Chairman Jerome Powell told the Senate Banking Committee last week that he’s
