Overseas Headlines – October 04, 2024

October 04, 2024 United States: Traders Wipe Out Bets on Big Fed Cuts as Jobs Data Hits Bonds Traders slashed their bets on the pace of future Federal Reserve interest-rate cuts after September US employment data blew past estimates and signaled a robust hiring trend. The chance of a half-point rate cut in November was

Overseas Headlines – October 04, 20242024-10-04T09:11:05-05:00

Daily Market Summary – October 03, 2024

October 03, 2024 Mayberry Market Summary -03.10.2024 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 03, 20242024-10-03T16:24:33-05:00

Special Advisory: Victoria Mutual Investments Limited (VMIL)

October 3, 2024   VM Investments Limited (VMIL) has advised that in the latest report of Caribbean Information & Credit Rating Services Limited (CariCRIS), CariCRIS has reaffirmed VMIL’s overall creditworthiness ratings as, CariBBB (Regional Scale Local Currency), jmBBB+ (Jamaica National Scale Foreign Currency) and jmA- (Jamaica National Scale Local Currency). For further information visit, www.jamstockex.com.

Special Advisory: Victoria Mutual Investments Limited (VMIL)2024-10-03T15:38:12-05:00

Gross Domestic Product (GDP) grew by 0.2% for Q2 2024

October 3, 2024 The Statistical Institute of Jamaica (STATIN) reported a 0.2% increase in Jamaica’s total value added at constant prices in the second quarter of 2024 compared to the same quarter of 2023. The performance of the economy was primarily driven by a 1.5% increase in the Goods Producing Industries, however, slightly tempered by

Gross Domestic Product (GDP) grew by 0.2% for Q2 20242024-10-03T11:48:49-05:00

Overseas Headlines – October 03, 2024

October 03, 2024 United States: US Jobless Claims Remain Subdued, Consistent With Low Layoffs Applications for US unemployment benefits rose slightly to a level that is consistent with limited number of layoffs. Initial claims increased by 6,000 to 225,000 in the week ended Sept. 28. The median forecast in a Bloomberg survey of economists called

Overseas Headlines – October 03, 20242024-10-03T08:48:29-05:00

Special Advisory: ISP Finance Services Limited (ISP)

October 2, 2024   ISP Finance Services Limited (ISP) has advised that Mrs. Mary-Angela Robertson has been appointed as an Independent Director effective October 1, 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

Special Advisory: ISP Finance Services Limited (ISP)2024-10-02T16:25:15-05:00

Special Advisory: PROVEN Group Limited (PROVEN)

October 2, 2024   Proven Group Limited (PROVEN) has advised that further to the retirement of Christopher Williams, the Charter CEO of PROVEN Management Limited (PML) and co-founder of PROVEN Group Limited effective January 31, 2025, Mr. Johann Heaven has been appointed to the position of CEO of PML, effective February 1, 2025.   Disclaimer:

Special Advisory: PROVEN Group Limited (PROVEN)2024-10-02T16:24:27-05:00

Special Advisory: Radio Jamaica Limited (RJR)

October 2, 2024   Radio Jamaica Limited (RJR) has advised that as part of an overall change to its operating model and an ongoing operations review to improve efficiency in its business, it has made the Deputy Chief Executive Officer (DCEO) and the Chief People Officer (CPO) positions in its executive structure redundant with effect

Special Advisory: Radio Jamaica Limited (RJR)2024-10-02T16:23:56-05:00

Dividend Consideration: Jamaica Broilers Group Limited (JBG)

October 2, 2024   Jamaica Broilers Group Limited (JBG) has advised that at a meeting of its Board of Directors to be held on October 23, 2024, an interim dividend payment will be considered.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department

Dividend Consideration: Jamaica Broilers Group Limited (JBG)2024-10-02T16:23:24-05:00