Overseas Headlines – March 10, 2021

March 10, 2021 United States: U.S. Recovery Sustains Positive Momentum as Economy Reopens “ A year after the coronavirus pandemic first drove the U.S. economy into the deepest downturn in generations, high-frequency economic indicators illustrate a strong rebound -- yet there’s still a ways to go. Bloomberg Economics’ weekly dashboard of high-frequency, alternative and market-based data

Overseas Headlines – March 10, 20212021-03-10T08:29:49-05:00

 Trade in Shares:  Mayberry Jamaican Equities Limited (MJE) 

March 09, 2021 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 22,121 MJE shares on March 5, 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

 Trade in Shares:  Mayberry Jamaican Equities Limited (MJE) 2021-03-09T17:01:18-05:00

  Trade in Shares: NCB Financial Group Limited (NCBFG)

March 09, 2021 NCB Financial Group Limited (NCBFG) has advised that a Director sold a total of 107,726 NCBFG shares during the period March 3 to 4, 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

  Trade in Shares: NCB Financial Group Limited (NCBFG)2021-03-09T16:13:54-05:00

Special Advisory: GraceKennedy Limited (GK)

March 09, 2021 GraceKennedy Limited (GK) has advised that the Company has come to an agreement with Scotia Insurance Caribbean Limited to acquire 100% of the shares of Scotia Insurance Eastern Caribbean Limited (SIECL), with the associated transaction being subject to regulatory approvals and other customary closing conditions.  Disclaimer: Analyst Certification -The views expressed in this

Special Advisory: GraceKennedy Limited (GK)2021-03-09T16:17:18-05:00

Daily Market Summary – March 09, 2021

March 09, 2021 Mayberry Market Summary- 09.3.2021 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,

Daily Market Summary – March 09, 20212021-03-09T16:01:50-05:00

Net International Reserves- February 2021

March 9, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,016.18 million as at February 2021, reflecting an increase of US$33.37 million relative to the US$2,982.81 million reported at the end of January 2021 (see figure 1). This change in the NIR resulted from a US$32.36 million increase in Foreign Assets which total US$3,970.47 million compared

Net International Reserves- February 20212021-03-09T14:51:39-05:00

Overseas Headlines – March 09, 2021

March 09, 2021 United States: U.S. Stimulus Set to Turbocharge World Economy as Europe Lags “ U.S. recovery turbocharged by President Joe Biden’s stimulus package will help power a faster than expected global economic upswing that risks leaving Europe behind, according to OECD forecasts. The Paris-based organization said it now expects global output to rise above

Overseas Headlines – March 09, 20212021-03-09T16:20:33-05:00

VMIL reports 27% decrease in year end net profit

March 08, 2021 Interest income increased by 15% to $939.26 million relative to 2019’s $817.57 million. Interest income for the quarter amounted to $205.81 million, 2% above the $202.20 million booked for the similar quarter of 2019. Additionally, other interest income for the year was realized at $3.36 million (2019: $8.22 million). Interest expense for the year

VMIL reports 27% decrease in year end net profit2021-03-08T16:16:18-05:00