December 31, 2020 Eppley Caribbean Property Fund Limited SCC (CPFV) has advised that the Company has reached an agreement to acquire a controlling stake in Mall Plaza. Under the agreement, CPFV purchased a 50% interest in Mall Plaza and assumed control of its management and operations. For further information visit, www.jamstockex.com Disclaimer: Analyst Certification -The views
December 31, 2020 U.S. International Investment Position, Third Quarter 2020 U.S Bureau of Economic Analysis (BEA) latest report about U.S. net international investment position, shows a decrease of $865.6 billion from Q2 to Q3. This was as result of an $870.3 billion decrease in net position excluding financial derivatives, however slightly offset by a $4.7
December 31, 2020 According the Statistical Institute of Jamaica (STATIN), the Jamaican economy declined by 10.7% in the third quarter of 2020 when compared to the similar quarter of 2019. This downward movement resulted from declines in both the Services Industries (13.1%) and the Goods Producing Industries (3.5%). The performance of the economy was largely
Brent Oil Brent oil prices decreased by 0.10% or US$0.05, as prices decreased this week relative to the prior week. Oil traded on December 31, 2020 at a price of US$51.09 per barrel relative to US$51.14 on December 24, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices increased
December 31, 2020 Main Event Entertainment Group Limited (MEEG) for the year ended October 31, 2020 recorded a total of $1.05 billion in revenue compared to $1.80 billion booked for the year ended October 31, 2019. Revenue for the quarter declined 77% to close the quarter at $101.84 million relative to $435 million booked for the
December 31, 2020 The seasonally adjusted initial claims, advance estimate, decreased by 19,000 to 787,000 for the week ending December 26, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised from 803,000 to 806,000 up by 3,000. In comparison to the previous week’s average, the 4-week moving
December 31, 2020 The advance international trade in goods recorded a deficit of $84.8 billion in November, up $4.4 billion from $80.4 billion in October. Exports of goods for November were $127.2 billion, $1.1 billion more than the $126.17 billion reported in October. Imports of goods for November were $212.0 billion, $5.5 billion more than
United States: U.S. Adjusts Tariffs on EU Goods Hit in Airbus, Boeing Fight “The Trump administration imposed tariffs on additional products from the European Union as part of a long-running dispute over subsidies to aircraft makers Airbus SE and Boeing Co. In November, the EU instituted duties on some $4 billion in goods from the
December 30, 2020 Radio Jamaica Limited (RJR) has advised that a connected party sold 100,534 RJR shares on December 18, 2020. 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
December 30, 2020 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased a total of 50,000 MJE shares during the period December 24 to 28, 2020. 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
