Daily Market Summary – August 19, 2022

August 19, 2022 Mayberry Market Summary -19.8.2022   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,

Daily Market Summary – August 19, 20222022-08-19T16:41:07-05:00

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

August 19, 2022   Future Energy Source Company Limited (FESCO) has advised that a director sold 976,035 FESCO shares on August 17, 2022.   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.

Trade In Shares: Future Energy Source Company Limited (FESCO)2022-08-19T15:02:20-05:00

Jamaica’s inflation rate increased by 0.7% for July 2022

August 19, 2022 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased from 121.8 in June 2022 to 122.7 in July 2022, Consequently the inflation rate for July 2022 was 0.7%. The biggest factor contributing to this increase was the division's index for ‘Food and Non-Alcoholic Beverages,’ which increased

Jamaica’s inflation rate increased by 0.7% for July 20222022-08-19T16:30:41-05:00

BRG reports 111% increase in six months net profit

August 19, 2022 Berger Paints Jamaica Limited (BRG) Financials for the six months ended June 30, 2022:- Berger Paints Jamaica Limited (BRG) for the six months ended June 30, 2022 reported total revenues of $1.39 billion, a 10% increase relative to $1.26 billion reported for the comparable period in 2021. For the quarter, revenues amounted to $673.09 million (2021:

BRG reports 111% increase in six months net profit2022-08-19T13:16:05-05:00

BOJ Raises Policy Interest Rate to 6%

August 19, 2022 The trend of the last three CPI figures has encouraged the Bank of Jamaica (BOJ) to increase the policy interest rate by 50 basis points to 6% per annum effective August 19, 2022. After peaking quicker and lower than projected in April 2022, inflation was 10.9% in May and June, and 10.2%

BOJ Raises Policy Interest Rate to 6%2022-08-19T12:57:51-05:00

Overseas Headlines – August 19, 2022

August 19, 2022   United States: US Futures Slide as Global Rate-Hike Wagers Surge: Markets Wrap US equity-index futures fell with Treasuries after a chorus of Federal Reserve officials reiterated their resolve to continue rate hikes and traders raised tightening wagers for other major central banks. The dollar headed for the biggest weekly rally since

Overseas Headlines – August 19, 20222022-08-19T08:59:42-05:00

Daily Market Summary – August 18, 2022

August 18, 2022 Mayberry Market Summary -18.8.2022   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,

Daily Market Summary – August 18, 20222022-08-18T16:23:42-05:00

Trade In Shares: PanJam Investment Limited (PJAM)

August 18, 2022   PanJam Investment Limited (PJAM) has advised that a connected party purchased 800 shares on August 16, 2022.   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

Trade In Shares: PanJam Investment Limited (PJAM)2022-08-18T14:53:04-05:00

Special Advisory: NCB Financial Group Limited (NCBFG)

August 18, 2022   NCB Financial Group Limited (NCBFG) has advised of the intention of its wholly owned subsidiary, National Commercial Bank Jamaica Limited, to raise up to US$300,000,000.00 (THREE HUNDRED MILLION UNITED STATES DOLLARS) by way of the Securitization of its Credit Card Merchant Voucher Receivables. The transaction will be rated by FITCH Ratings and placed

Special Advisory: NCB Financial Group Limited (NCBFG)2022-08-18T14:50:42-05:00