August 18, 2019 Based on information collected since the Federal Open Market Committee (FOMC) met in July 2019, the findings suggested modest growth in economic activity as the labour market remained strong. The unemployment rate has remained low, while job gains have been solid in recent months. Additionally, there were also indication of an
Date: September 17, 2019 Jamaica Producers Group Limited (JP) has advised that a Director sold 200,000 JP shares and that a connected party purchased 200,000 JP shares. These transactions were conducted on September 12, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness
Date: September 17, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 10,000 MJE shares on September 13, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution
Date: September 17, 2019 Radio Jamaica Limited (RJR) has advised that a Senior Manager purchased 10,000 RJR shares on September 13, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or
Date: September 17, 2019 Seprod Limited (SEP) has advised that a Director sold 94,467 SEP shares during the period September 3 to 5, 2019. 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
Date: September 17, 2019 Express Catering Limited (ECL) has advised that a Director sold 3,812,995 ECL shares during the period August 21, 2019 to September 13, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that
Date: September 17, 2019 General Accident Insurance Company Jamaica Limited (GENAC) has announced the acquisition of a majority stake in Motor One Insurance Company Limited (“Motor One”), a Trinidadian motor insurance company headquartered in Port of Spain with a large branch network throughout Trinidad. GENAC has also advised that under the terms of the agreement,
Date: September 17, 2019 Fontana Limited (FTNA) has advised that the payment of a dividend will be considered at a Board of Directors’ meeting scheduled to be held on Wednesday, September 25, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be
Date: September 17, 2019 Consumer Price Index – August 2019 The consumer price index for the month of August 2019 increased by 0.8%, following a 1.1% increase in its index for July 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of August rose to 263.1 relative to
Date: September 17, 2019 United States: Overnight Funding Rate Surges to Record Levels Above 8% “U.S. money-market interest rates surged for a second day Tuesday as cash reserves in the banking system remained out of balance with the volume of securities on dealer balance sheets. Amid the squeeze, the effective fed funds rate rose to
