Brent Oil Brent oil prices increased by 5.18% or US$2.12, as prices rose this week relative to the prior week. Oil traded on October 8, 2020 at a price of US$43.05 per barrel relative to US$40.93 on October 1, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices decreased
October 8, 2020 The Directors of Jamaican Teas Limited (JAMT) have approved a resolution setting November 30, 2020 as the new record date for the Company's proposed 3 for 1 stock split. The stock split will be put to the Company's shareholders for their approval at a continuance of the Annual General Meeting (AGM) which was
October 8, 2020 QWI Investments Limited (QWI) has advised that a connected party purchased a total of 1,457,868 QWI shares during the period October 2 to 6, 2020. 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
October 8, 2020 Supreme Ventures Limited (SVL) has advised that a connected party sold 382,297 SVL shares on October 5, 2020. 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
October 8, 2020 Ciboney Group Limited (CBNY) for the year ended May 31, 2020 reported total revenue of $18,435 relative to $54,435 reported for the prior financial year. Revenue for the last quarter reported an 82% decline to $2,000 compared to $11,000 recorded for the fourth quarter of 2019. Administrative and general expenses closed the
October 8, 2020 Jamaica’s Net International Reserves (NIR) totalled US$2,747.49 million as at September 2020, reflecting a decrease of US$11.90 million relative to the US$2,759.39 million reported at the end of August 2020 (see figure 1). This significant change in the NIR resulted from a US$31.81 million decrease in Foreign Assets which total US$3,713.37 million
October 8, 2020 The seasonally adjusted initial claims, advance estimate, decreased by 9,000 to 840,000 for the week ending October 3 from the prior week's revised level, according to the U.S. Department of Labour (DOL). The prior week's level was revised from 837,000 to 849,000 up by 12,000. In comparison to the previous week’s average, the 4-week moving average
October 8, 2020 Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says preliminary numbers for the six-month period ending September 30 show that overall revenues were $8 billion or 3% higher than budgeted in the First Supplementary Estimates. The figures, however, were 18.8% lower than for the corresponding six months of
United States: U.S. Jobless Claims Declined Last Week While Remaining Elevated “The number of Americans seeking unemployment benefits fell for a second week while remaining elevated, as the labor market makes scant progress amid risks of further weakness without additional federal stimulus. Initial jobless claims in regular state programs decreased by 9,000 to 840,000 in
October 7, 2020 Caribbean Flavours and Fragrances Limited (CFF) has advised that at the Annual General Meeting of the Company held today, October 7, 2020, the following resolutions were approved: "THAT the authorized share capital of the Company be increased from 91,452,000 shares to 2,600,000,000 shares by the creation of an additional 2,508,548,000 ordinary shares
