September 26, 2022 International tourism continued to show strong signs of recovery, with arrivals reaching approximately 60 percent of pre-pandemic levels in the first seven months of 2022. According to the latest UNWTO World Tourism Barometer, international tourist arrivals almost tripled in January to July 2022 (+172%) compared to the same period of 2021. This
September 26, 2022 United States: Fed’s Bostic Says US Could Have a ‘Relatively Orderly’ Slowdown Federal Reserve Bank of Atlanta President Raphael Bostic said the strong US job market suggests the economy could slow down in “a relatively orderly way” as the central bank bears down on inflation by raising interest rates. “It’s going to
September 26, 2022 Weekly Picks 26.09.2022 - JMMBGL 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,
September 24, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for September 23, 2022, was J$16.91. MJE’s last traded price on September 23, 2022, was $12.03. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
September 23, 2022 Jamaican Teas Limited (JAMT) has advised that a director sold a total of 821,595 JAMT shares during the period August 30 to September 19, 2022. 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
September 23, 2022 PanJam Investment Limited (PJAM) has advised that three (3) directors were issued a total of 32,961 PJAM shares in lieu of directors' fees for Q3 2022. PJAM has also advised that a connected party sold 32,961 PJAM shares on September 22, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately
September 23, 2022 First Rock Real Estate Investments Limited (FIRSTROCK) has advised of the purchase of a total of 250,000 FIRSTROCKUSD shares during the period September 15 to 19, 2022. The Company has also advised of the purchase of 40,000 FIRSTROCKJMD shares on September 15, 2022. The transactions were conducted under the Company’s share buy-back program.
September 23, 2022 TransJamaican Highway Limited (TJH) has advised that a meeting of the Board of Directors will be held on September 30, 2022, to consider the payment of a dividend. 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)
September 23, 2022 Global economic activity is still being impacted by high inflation, tighter financial conditions, and persistent supply-related challenges. Outside the euro area, the global real GDP is expected to rise by 2.9% in 2022, 3.0% in 2023, and 3.4% in 2024, according to the September 2022 ECB staff macroeconomic projections. This outlook
September 23, 2022 United States: Fed’s Hawkishness Casts Doubt on Bank of Canada’s Soft Landing The Federal Reserve’s efforts to step up its fight against inflation will cast doubt on the Bank of Canada’s ability to limit its own interest rate hikes. At a decision Wednesday, Chairman Jerome Powell signaled Fed officials are poised
