Overseas Headlines – March 30, 2021

United States: Fed’s Bostic Says There’s Merit to Reparations to Address Racism “Federal Reserve Bank of Atlanta President Raphael Bostic said there’s merit to considering reparations as a way to counter the impact of racism and inequality in the U.S. “There are definitely merits to it in the sense that, if people have been harmed

Overseas Headlines – March 30, 20212021-03-30T08:00:07-05:00

BANK OF JAMAICA HOLDS POLICY RATE 

March 29, 2021 BANK OF JAMAICA HOLDS POLICY RATE   Bank of Jamaica (BOJ) announces its decision to hold the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) unchanged at 0.50 per cent per annum.    Bank of Jamaica has kept the policy rate at the historic low level of 0.50 per cent

BANK OF JAMAICA HOLDS POLICY RATE 2021-03-29T17:55:48-05:00

Daily Market Summary- March 29, 2021

Mayberry Market Summary- 29.3.2021   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, is, or will

Daily Market Summary- March 29, 20212021-03-29T17:41:45-05:00

Trade in Shares: Jamaica Producers Group Limited (JP)

March 29, 2021 Jamaica Producers Group Limited (JP) has advised that a connected party purchased 2,349 JP shares on March 25, 2021. 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

Trade in Shares: Jamaica Producers Group Limited (JP)2021-03-29T16:26:23-05:00

Special Advisory: Barita Investments Limited (BIL)

March 29, 2021 Barita Investments Limited (BIL) has advised that Mr. Matthew Hogarth has resigned his position as a member of the Board of Directors of the Company and as Chairman of the Corporate Governance and Conduct Review Committee, effective March 31, 2021. Mr. Michael Hylton will replace Mr. Hogarth as Chairman of the Corporate Governance and

Special Advisory: Barita Investments Limited (BIL)2021-03-29T16:22:50-05:00

Special Advisory: GraceKennedy Limited (GK)

March 29, 2021 GraceKennedy Limited (GK) has advised that effective April 1, 2021, Mr. Peter E. Williams will be appointed to the GraceKennedy Board. GK has also advised that effective May 26, 2021, Mr. Peter E. Williams will be appointed Chairman of the Audit Committee of the Company, consequent on the retirement of Mr. Everton McDonald

Special Advisory: GraceKennedy Limited (GK)2021-03-29T16:20:35-05:00

U.S. Q4 2020 real GDP increased in 50 states

March 29, 2021 Real gross domestic product (GDP) in the fourth quarter of 2020 rose in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent change in real GDP in the fourth ranged from 9.9% in South Dakota to 1.2% in the District of Columbia.”  

U.S. Q4 2020 real GDP increased in 50 states2021-03-29T14:04:50-05:00

Commercial institutions are being cleared to issue the world’s first CBDC: the Bahamas’ Sand Dollar

March 29, 2021 Following cybersecurity assessments, commercial institutions are being cleared to issue the world's first CBDC: the Bahamas' Sand Dollar. The Central Bank of the Bahamas has announced that its central bank digital currency, the Sand Dollar, is expected to achieve full interoperability between its various wallet providers within the week. A recent statement released by

Commercial institutions are being cleared to issue the world’s first CBDC: the Bahamas’ Sand Dollar2021-03-29T13:44:54-05:00

Overseas Headlines – March 29, 2021

United States: Biden to Reveal Major Spending Plan With Big Battle Ahead “President Joe Biden this week will reveal the scope and ambition of his plans to expand and reorient the U.S. government, setting the stage for a bitter fight on Capitol Hill that could define his presidency. Biden will unveil the framework for a

Overseas Headlines – March 29, 20212021-03-29T08:59:58-05:00