Jamaica’s inflation rate decreased by 0.2% in September 2024

October 16, 2024 The Statistical Institute of Jamaica (STATIN) reported that for September 2024, the point-to-point inflation rate was +5.7%; 0.8 percentage points lower than the 6.5% recorded for August 2023 to August 2024. Compared to August 2024, The All-Jamaica Consumer Price Index (CPI) for September 2024 decreased by 0.2%. The main driver of the

Jamaica’s inflation rate decreased by 0.2% in September 20242024-10-16T10:31:02-05:00

KEX reports first quarter net profit of $66.72 million

Knutsford Express Services Limited (KEX) Unaudited financials for the first quarter ended August 31, 2024: Knutsford Express Services Limited (KEX) for the first quarter ended August 31, 2024, reported a 12% increase in revenue totalling $549.71 million compared to $491.79 million in the corresponding three months last year. Administrative and General Expenses amounted to $450.88

KEX reports first quarter net profit of $66.72 million2024-10-16T10:01:37-05:00

Overseas Headlines – October 16, 2024

October 16, 2024 United States: US Mortgage Rates Climb to 6.52%, Highest Since Early August US mortgage rates rose sharply for a second straight week, reaching the highest level since early August while prompting steep declines in both home-purchase and refinance activity. The contract rate on a 30-year fixed mortgage rose 16 basis points to

Overseas Headlines – October 16, 20242024-10-16T08:54:17-05:00

Mayberry Group Ltd. (MGL) – Notice of Dividend Consideration

October 15, 2024   Mayberry Group Ltd. (MGL) is advising that the Board of Directors will convene a meeting on Wednesday, October 23, 2024, to consider the payment of a dividend to its ordinary shareholders.

Mayberry Group Ltd. (MGL) – Notice of Dividend Consideration2024-10-15T17:39:31-05:00

Special Advisory: iCreate Limited (ICREATE)

October 15, 2024   iCreate Limited (ICREATE) has advised that the Company has entered into a Letter of Intent (LOI) to acquire a 20% equity stake in MVL, an operator of Beach Club Resorts, Restaurants and Lounge in the British Virgin Islands. ICREATE has further advised that this investment will provide the Company with common

Special Advisory: iCreate Limited (ICREATE)2024-10-15T16:26:24-05:00

Trade In Shares: Future Energy Source Company Limited (FESCO)

October 15, 2024   Future Energy Source Company Limited (FESCO) has advised that a connected party sold 14,501,383 FESCO shares on October 8, 2024, as part of an incentive plan for FESCO service station dealers and employees.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments

Trade In Shares: Future Energy Source Company Limited (FESCO)2024-10-15T16:25:11-05:00

Trade In Shares: Jamaica Broilers Group Limited (JBG)

October 15, 2024   Jamaica Broilers Group Limited (JBG) has advised that a Senior Manager purchased 62,820 JBG shares on October 11, 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

Trade In Shares: Jamaica Broilers Group Limited (JBG)2024-10-15T16:23:31-05:00

Daily Market Summary – October 15, 2024

October 15, 2024 Mayberry Market Summary -15.10.2024 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. Each research analyst (s) also certify that no part of their compensation was, is,

Daily Market Summary – October 15, 20242024-10-15T15:53:34-05:00

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for October 14, 2024

October 15, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for October 14, 2024, was J$12.45.  MJE’s closing price on October 14, 2024 was $9.23. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research report accurately

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for October 14, 20242024-10-15T14:36:25-05:00