Mayberry bets that stock rebound will erase losses; takes aim at asset tax

Mayberry Group Ltd expects the recovery in the local stock market to continue wiping out earlier losses during the year. The Jamaica Stock Exchange (JSE) gained over 20 per cent this year so far, its first major rise since the start of the pandemic. Mayberry holds the bulk of its stock portfolio in its subsidiary, Mayberry Jamaican Equities Ltd (MJE). “The portfolio has turned and is growing nicely,” CEO Gary Peart told shareholders at the annual general meetings on Tuesday.