Special Advisory: KLE Group Limited (KLE)

May 26, 2022 KLE Group Limited (KLE) has advised that Mr. Christopher Dehring has resigned as Director, effective May 24, 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

Special Advisory: KLE Group Limited (KLE)2022-05-26T15:20:38-05:00

Special Advisory: Sagicor Real Estate X Fund Limited (XFUND)

May 26, 2022 Sagicor Real Estate X Fund Limited (XFUND) has advised that Mr. Christopher Zacca intends to demit office as Chairman at the next Board Meeting to be held on Thursday, July 28, 2022. Mr. Zacca will however, continue to serve as a member of the Board of Directors Disclaimer: Analyst Certification -The views expressed

Special Advisory: Sagicor Real Estate X Fund Limited (XFUND)2022-05-26T15:18:54-05:00

Special Advisory: GraceKennedy Limited (GK)

May 26, 2022 GraceKennedy Limited (GK) has advised that the investment and advisory arm of its GraceKennedy Financial Group, GK Capital Management Limited, has signed a joint venture agreement with the Trinidad and Tobago Unit Trust Corporation (TTUTC). The new venture, which remains subject to the requisite regulatory approvals, will allow GK and TTUTC to

Special Advisory: GraceKennedy Limited (GK)2022-05-26T15:16:50-05:00

PanJam’s ROK hotel to open this summer

May 26, 2022 PanJam, for the financial year ended December 2021, reported a favorable outcome with a 109% increase in total income due to investments rebounding from a loss of $523.25 million and closing at a gain of $2.10 billion. The company operating profit rose to $2.50 billion (2020: $315.08 million) while net profit increased

PanJam’s ROK hotel to open this summer2022-05-26T14:29:43-05:00

Gas Price Movement – May 26, 2022

Gas Price Movement - May 26 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, is, or

Gas Price Movement – May 26, 20222022-05-26T14:26:22-05:00

Over US$900M in earnings and 46,000 jobs from Jamaica’s global services sector

May 26, 2022 Minister of industry, investment and commerce, Senator Aubyn Hill disclosed that earnings generated by Jamaica’s Global Services Sector (GSS), is estimated to have more than doubled over the last six years, climbing from US$400 million in 2016 to US$900 million. Additionally, he highlighted that employment within the sector jumped from 17,000 direct

Over US$900M in earnings and 46,000 jobs from Jamaica’s global services sector2022-05-26T09:13:01-05:00

Overseas Headlines – May 26, 2022

United States: US Jobless Claims Fall More Than Forecast in Tight Labor Market “Applications for US unemployment insurance declined last week by more than forecast, underscoring a persistently tight labor market. Initial unemployment claims decreased by 8,000 to 210,000 in the week ended May 21, Labor Department data showed Thursday.” https://www.bloomberg.com/news/articles/2022-05-26/us-jobless-claims-fell-by-more-than-forecast-last-week?srnd=economics-vp Europe: Russian Rate Cut

Overseas Headlines – May 26, 20222022-05-26T08:35:45-05:00

Bank of Jamaica (BOJ) believes Jamaica’s foreign exchange market is relatively stable

May 25, 2022 According to the Bank of Jamaica (BOJ) Governor, Richard Byles, “Jamaica’s foreign exchange market has remained relatively stable since the start of the year.” This partly reflects actions taken by the BOJ, through its Monetary Policy Committee (MPC), in response to the higher than targeted inflation out-turn. The Statistical Institute of Jamaica

Bank of Jamaica (BOJ) believes Jamaica’s foreign exchange market is relatively stable2022-05-26T08:35:18-05:00

Daily Market Summary – May 25, 2022

Mayberry Market Summary - 25.5.2022   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, is, or will

Daily Market Summary – May 25, 20222022-05-25T15:23:31-05:00