Government Operations Results for June 2022

August 3, 2022 Government Operations Results for June 2022 For the period of April to June 2022, the GOJ reported Total Revenues & Grants of $177.18 billion, $13.81 billion more than the Government’s projection. This represented an increase of approximately 1% relative to the $175.38 billion recorded for the corresponding period in 2021. ‘Grants’, ‘Bauxite

Government Operations Results for June 20222022-08-03T10:56:55-05:00

Overseas Headlines – August 3, 2022

August 3, 2022   United States: US Stocks Slip as China Tension Boosts Havens: Markets Wrap US stocks rose and Treasuries extended a decline on Wednesday as hawkish comments from Federal Reserve officials made it apparent that a policy pivot is unlikely. Treasury yields climbed, with the 10-year yield hovering near 2.78%. The S&P 500

Overseas Headlines – August 3, 20222022-08-03T09:31:00-05:00

Daily Market Summary – August 02, 2022

August 02, 2022 Mayberry Market Summary -2.8.2022   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 02, 20222022-08-02T15:51:42-05:00

Special Advisory: Access Financial Services Limited (AFS)

August 2, 2022   Access Financial Services Limited (AFS) has advised that its application to operate as a Microcredit Institution pursuant to the Microcredit (Licence Form of Application) Rules, 2021 has been approved by the Bank of Jamaica. This means that AFS is approved to provide microcredit services such as the granting of loans or business advisory

Special Advisory: Access Financial Services Limited (AFS)2022-08-02T15:38:32-05:00

Dividend Consideration: Radio Jamaica Limited (RJR)

August 2, 2022   Radio Jamaica Limited (RJR) has advised that the Board of Directors will meet on August 8, 2022 to consider a dividend payment.   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: Radio Jamaica Limited (RJR)2022-08-02T15:35:16-05:00

Dividend Consideration: Stanley Motta Limited (SML)

August 2, 2022   Stanley Motta Limited (SML) has advised that its Board of Directors will be meeting on August 8, 2022 to consider the payment of dividends to stockholders.   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)

Dividend Consideration: Stanley Motta Limited (SML)2022-08-02T15:31:45-05:00

Dividend Declaration: Grace Kennedy Limited (GK)

August 2, 2022   GraceKennedy Limited (GK) has declared an interim dividend of 48 cents ($0.48) per stock unit payable on September 23, 2022 to stockholders on record as at September 2, 2022. The ex-dividend date is September 1, 2022.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal

Dividend Declaration: Grace Kennedy Limited (GK)2022-08-02T15:27:03-05:00

Higher oil prices could affect euro area potential output

August 2, 2022 According to the assumptions used in the June 2022 Eurosystem staff macroeconomic estimates, oil prices in US dollars are anticipated to increase by almost 40% between 2022 and 2024 from their pre-COVID levels (2017-19). The rise in oil prices since 2019 is less dramatic, measured in percentage terms, than the shocks of

Higher oil prices could affect euro area potential output2022-08-02T13:32:44-05:00

VMIL reports six months net profit of $250.71 million

August 2, 2022 In Q2 of FY22, Victoria Mutual Investments (VMIL) reported Interest Income of $363.88 million, a 32% increase relative to the $274.90 million recorded for the corresponding period in 2021. Interest Income for the six months amounted to $699.14 million, a 31% increase relative to the $532.02 million recorded in 2021. During the

VMIL reports six months net profit of $250.71 million2022-08-02T12:54:49-05:00