July 12, 2021 Total Construction During May 2021, construction spending fell at an estimated seasonally adjusted annual rate of 0.3% (±1.0%) to $1,545.3 billion below the revised April estimate of $1,549.5 billion, reported by US Census Bureau. This May figure is 7.5% (±1.3%) above the May 2020 estimate of $1,437.7 billion. Private Construction According to
July 12, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,388.71 million as at June 2021, reflecting a decline of US$30.19 million relative to the US$3,418.90 million reported at the end of May 2021 (see figure 1). Foreign Assets totalled US$4,285.89 million, US$63.24 million less than the US$4,349.12 million reported for May 2021. ‘Currency & Deposits’
July 12, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of July 12, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 187,874,840 globally.
July 12, 2021 Blue Power Group Limited (BPOW) for the year ended April 30, 2021, recorded an increase in revenues by 10% to $534 million relative to $485.44 million recorded in 2020. For the quarter, revenue declined 71% from $142.98 million in 2020 to $40.91 million in the period under review. The Company noted “BPGL
July 12, 2021 Weekly Picks 12.07.21 LASD 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,
Untied States: U.S. Futures Mixed Ahead of Earnings; Bonds Gain: Markets Wrap “U.S. futures were mixed as investors await the second-quarter earnings season starting this week in order to gauge whether corporate profitability can support equity valuations. Treasury yields dropped. Contracts on the S&P 500 dropped, while those on the Nasdaq 100 rose. The Stoxx
July 09, 2021 President and CEO, Mr. Christopher Zacca highlighted the financial performance of Sagicor Group Jamaica (SJ). For the year ended December 31, 2020, revenue amounted to $84.57 billion from $92.67 billion in 2019 to reflect a net profit of $15.65 billion (2019: $15.46 billion). Revenues for the three months ended March 31, 2021 amounted to $23.12 billion (2020: $
July 09, 2021 Jamaica Broilers Group (JBG) reported total revenues of $56.95 billion for the year ended May 2, 2021, a 2% increase on the $55.75 billion reported in 2020. The Jamaica Operations contributed $33.83 billion which represents approximately 60% of total revenues decreasing by 3% relative to $34.76 billion in 2020. US Operations (approximately 36% of
July 09, 2021 Elite Diagnostic Limited (ELITE) has advised that the record date for the Company’s recent dividend declaration has changed from July 19, 2021 to July 20, 2021. In light of this change, the ex-dividend date is now July 19, 2021 and the payment date remains August 5, 2021. Analyst Certification -The views expressed in this
July 09, 2021 Jamaica Stock Exchange Limited (JSE) has advised that a meeting of the Board of Directors will be held on July 21, 2021 to consider the payment of a dividend. 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
