August 19, 2021 GraceKennedy Limited (GK) has advised that on August 13, 2021, a Senior Officer acquired 146,187 GK shares pursuant to the exercise of stock options under the Company’s Long Term Incentive Scheme. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s)
August 19, 2021 Productive Business Solutions Limited (PBS) for the six months ended June 30, 2021 reported a 41% increase in revenues from US$73.17 million for the 2020 period to US$103.06 million in 2021. For the quarter, revenues increased 72% to total US$53.72 million relative to US$31.26 million the prior corresponding quarter. Direct expenses increased 80%
August 19, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of August 18, 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 210,473,737 globally.
Brent Oil Brent oil prices decreased by 6.30% or US$4.49, as prices decreased this week relative to the prior week. Oil traded on August 19, 2021 at a price of US$66.82 per barrel relative to US$71.31 on August 12, 2021. Brent oil opened 2021 year at US$54.52 per barrel. Petrojam prices 87 Octane prices decreased
August 19, 2021 Consumer Price Index – July 2021 According to the Statistical Institute of Jamaica (STATIN) the consumer price index for July 2021 was 111.4 resulting in an inflation rate of 1.5% when compared to the previous month’s inflation rate of 0.7%. STATIN noted that, “This movement was primarily due to the 2.3% increase
United States: Fed Minutes Show Most Officials See Taper Starting This Year “Most Federal Reserve officials agreed last month they could start slowing the pace of bond purchases later this year, judging that enough progress had been made toward their inflation goal, while gains had been made toward their employment objective. “Various participants commented that
September 30, 2021 SSL Venture Capital Jamaica Limited (SSLVC), for the year ended June 30, 2021, reported revenues of $19.70 million versus $116.76 million reported in the prior year’s corresponding period. While for the quarter, revenue amounted $363,222 (2020: $3.53 million). Cost of sales amounted to $20.24 million (2020: $105.12 million), thus resulting in gross loss of
August 18, 2021 Building Permits In July, the seasonally adjusted annual rate of privately owned housing units permitted by building permits was 1,635,000. This is 2.6% (±0.9%) higher than the revised June rate of 1,594,000. It is also 6.0% (±0.9%) higher than the July 2020 rate of 1,542,000. In July, 1,048,000 single-family permits were issued,
August 18, 2021 Jamaica Producers Group Limited (JP), for the six months ended June 30, 2021, experienced a 20% increase in revenue to total $11.40 billion compared to the $9.52 billion reported in 2020. The company posted second quarter revenue of $5.92 billion, a 36% increase on 2020’s $4.36 billion. Management noted that, “During the
August 18, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of August 18, 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 209,715,314 globally.
