March 28, 2019 Jamaica Public Service Company Limited (JPS) has advised that Sagicor Investments Jamaica Limited and Sagicor Bank Jamaica Limited have successfully raised US$180 million via two bond offers and syndicated loan for the Company. JPS has further advised that the proceeds of the raise will go towards refinancing one of the Company’s existing
March 28, 2019 Lasco Financial Services Limited (LASF) has advised that a Senior Manager and a connected party sold a total of 1,245,527 LASF shares and that a connected party purchased 172,003 LASF shares. These transactions were conducted during the period March 21 to 25, 2019.
March 28, 2019 Victoria Mutual Investments Limited (VMIL) has advised that a Director sold 275,694 VMIL shares on March 26, 2019.
Date: March 28, 2019 Sagicor Group Jamaica Limited (SJ) has advised that two Senior Managers purchased a total of 168,058 SJ shares and that two connected parties sold a total of 205,058 SJ shares. These transactions were conducted during the period March 20 to 22, 2019.
March 28, 2019 JMMB Group Limited (JMMBGL) has advised that a connected party sold 20,000 JMMBGL shares on March 22, 2019.
Date: March 28, 2019 Barita Investments Limited (BIL) has advised that a Director purchased 10,000 BIL shares on March 25, 2019.
United States: U.S. Trade Team Back in Beijing as China Sees Much Still to Do U.S. trade officials including Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer landed in Beijing Thursday for talks aimed at nailing down a deal with China, as an official there warned there are still many issues outstanding. Arriving at
Date: March 27, 2019 Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight balances1 at Bank of Jamaica) by 25 basis points to 1.25 per cent. The decision to lower the policy rate is aimed at supporting inflation returning to and remaining on target (4.0 per cent
Daily Market Summary 27.03.19 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, or will be, directly
Date: March 27, 2019 Sagicor Group Jamaica Limited (SJ) has advised that the Board of Directors’ meeting scheduled to be held on March 29, 2019, at which consideration would be given to the payment of an interim dividend, has been rescheduled. The meeting will now be held on Monday, April 1, 2019.
