Overseas Headlines – May 5, 2023

May 5, 2023 United States: Hot Jobs Report Raises Odds Fed Keeps Rates Higher for Longer The unexpected pickups in US hiring and wages last month increase chances the Federal Reserve will hold interest rates high for longer and potentially keep the door open to an 11th straight hike in June. Nonfarm payrolls rose 253,000

Overseas Headlines – May 5, 20232023-05-05T09:01:45-05:00

Daily Market Summary – May 04, 2023

May 04, 2023 Mayberry Market Summary - 04.05.2023   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 – May 04, 20232023-05-04T15:42:46-05:00

Dividend Consideration: Mailpac Group Limited (MAILPAC)

May 4, 2023   Mailpac Group Limited (MAILPAC) has advised that its Board will convene a meeting on Wednesday, May 10, 2023, to consider a dividend proposal.   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

Dividend Consideration: Mailpac Group Limited (MAILPAC)2023-05-04T14:50:15-05:00

Trade In Shares: Consolidated Bakeries (Jamaica) Limited (PURITY)

May 4, 2023   Consolidated Bakeries (Jamaica) Limited (PURITY) has advised that a Director purchased 195,000 PURITY shares on April 14, 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

Trade In Shares: Consolidated Bakeries (Jamaica) Limited (PURITY)2023-05-04T14:47:26-05:00

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for April 28, 2023

May 4, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 28, 2023, was J$15.25. MJE’s last traded price on April 28, 2023 was $11.30. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for April 28, 20232023-05-04T12:09:19-05:00

Gas Price Movement – May 4, 2023

May 4, 2023   Gas Price Movement - May 4, 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

Gas Price Movement – May 4, 20232023-05-04T12:02:31-05:00

Fed increases rate by a quarter percentage point

May 4, 2023   The Federal Reserve (Fed) has decided to implement the monetary policy stance announced by the Federal Open Market Committee (FOMC) in its statement on May 3, 2023. Effective May 4, 2023, the interest rate paid on reserve balances will increase to 5.15%, the primary credit rate will increase by a quarter

Fed increases rate by a quarter percentage point2023-05-04T10:53:23-05:00

ECB Hikes Key Interest Rates by 25 basis points

May 4, 2023 Effective May 4, 2023, the Governing Council took the decision to raise the three key interest rates set by the European Central Bank (ECB) by 25 basis points. As a result, starting on May 10, 2023, the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility

ECB Hikes Key Interest Rates by 25 basis points2023-05-04T09:40:15-05:00

Overseas Headlines – May 4, 2023

May 4, 2023 United States: US Homeowners Hold Near-Record Equity Even After Price Declines The share of US homes that are equity-rich dropped slightly in the first quarter of this year, but remained close to historic highs, according to new data from ATTOM. Some 47.2% of mortgaged homes were equity-rich — meaning that the borrower

Overseas Headlines – May 4, 20232023-05-04T08:59:22-05:00