JMMBGL reports first quarter net profit attributable to shareholders of $2.50 billion

August 15, 2023 JMMB Group Limited (JMMBGL) for the first quarter ended June 30, 2023, reported a 26% increase in interest income totalling $9.85 billion compared to $7.84 billion in the corresponding three months last year. Interest expense increased 57% to close at $7.75 billion versus $4.93 billion booked in June 2022. Net interest income

JMMBGL reports first quarter net profit attributable to shareholders of $2.50 billion2023-09-06T12:39:24-05:00

Overseas Headlines – September 6, 2023

September 6, 2023   United States: Fed Set to Double Its Economic Growth Forecast After Strong US Data The US economy has been looking so solid lately that Federal Reserve officials will probably need to double their projection for growth in 2023 when they publish an updated outlook later this month. Following a string of

Overseas Headlines – September 6, 20232023-09-07T09:22:17-05:00

Daily Market Summary – September 05, 2023

September 05, 2023 Mayberry Market Summary - 05.09.2023   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

Daily Market Summary – September 05, 20232023-09-05T16:11:08-05:00

Dividend Consideration: Jamaica Broilers Group Limited (JBG)

September 5, 2023   Jamaica Broilers Group Limited (JBG) has advised that at a Board of Directors’ meeting to be held on October 4, 2023, a 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 about those issuer

Dividend Consideration: Jamaica Broilers Group Limited (JBG)2023-09-05T14:33:05-05:00

Jamaica to drawdown US$255 million in loans from IMF

September 5, 2023 According to the Jamaica Observer, “Jamaica is set to draw down US$255 million in loans from the International Monetary Fund (IMF) under the Resilience and Sustainability Facility (RSF) with the money to be steered towards refinancing high interest debt coming to maturity shortly.” The IMF loan has a maturity of 20 years

Jamaica to drawdown US$255 million in loans from IMF2023-09-05T13:15:50-05:00

Euro area unemployment at 6.4% and EU at 5.9% for July 2023

September 5, 2023 According to the statistical office of the European Union (Eurostat), the euro area seasonally adjusted unemployment rate was 6.4% in July, down from 6.7% in July 2022 and constant compared with June 2023. Additionally, it was reported that the EU unemployment rate was 5.9% in July 2023, also stable compared with June

Euro area unemployment at 6.4% and EU at 5.9% for July 20232023-09-05T11:17:57-05:00

Government Operations Results for July 2023

September 5, 2023   Government Operations Results for July 2023   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

Government Operations Results for July 20232023-09-05T09:28:47-05:00

Overseas Headlines – September 5, 2023

September 5, 2023   United States: Fed’s Waller Says Central Bank Can ‘Proceed Carefully’ With Rate Hikes Federal Reserve Governor Christopher Waller said policymakers can afford to “proceed carefully” with interest-rate increases given recent data showing inflation continuing to ease. “There is nothing that is saying we need to do anything imminent anytime soon,” Waller

Overseas Headlines – September 5, 20232023-09-05T08:50:32-05:00

Daily Market Summary – September 04, 2023

September 04, 2023 Mayberry Market Summary - 04.09.2023   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

Daily Market Summary – September 04, 20232023-09-04T15:44:35-05:00