February 21, 2024 In January 2024, Jamaica's headline inflation rose to 7.4%, surpassing the central bank's target range of 4.0 to 6.0%. This increase was driven by higher regulated prices, including a recent public transportation fare hike and widespread wage growth. Despite some offsetting factors like reduced transit fares, core inflation (excluding food and
February 21, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 19, 2024, was J$14.48. MJE’s closing price on February 19, 2024 was $9.38. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research
February 21, 2024 United States: US Mortgage Rates Jump Above 7% for First Time Since December US mortgage rates jumped above 7% for the first time since early December, dealing a blow to the housing market’s nascent recovery. The contract rate on a 30-year fixed mortgage increased 19 basis points in the week ended Feb. 16
February 20, 2024 Carreras Limited (CAR) has advised that at a meeting of its Board of Directors to be held on Friday, March 1, 2024, an interim dividend payment will be considered. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about
February 20, 2024 Sterling Investments Limited (SIL) has declared a dividend of US$0.000373 per share payable on March 26, 2024, to shareholders on record as at March 5, 2024. The ex-dividend date is March 4, 2024. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
February 20, 2024 Tropical Battery Company Limited (TROPICAL) has advised of the appointment of Mr. Itamar Frankenthal and Mr. Andrew Cramer as new directors to the Board effective February 12, 2024. Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department
February 20, 2024 Jamaican Teas Limited (JAMT) has advised that a director sold 50,200 JAMT shares on February 15, 2024. 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.
February 20, 2024 The Statistical Institute of Jamaica (STATIN) reported that the unemployment rate for October 2023 was 4.2%, compared to 7.1% in October 2021. The male unemployment rate was 3.1% while the female unemployment rate was 5.4%, down from 5.4% and 9.0% respectively. The number of unemployed persons recorded in October 2023 was 57,300,
February 20, 2024 United States: Markets Start to Speculate If the Next Fed Move Is Up, Not Down Investors are beginning to war-game how the Federal Reserve can manage a US economy that just won’t land, with some even debating whether interest-rate hikes will be needed only weeks after a steady run of reductions
February 19, 2024 GraceKennedy Limited (GK) has advised that its Board of Directors will on Thursday, February 29, 2024 consider a resolution for the declaration of an interim dividend to be paid in April 2024. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
