Market Insights: Market Momentum Continues – Apr 09, 2020

Welcome to The MoneyMax Market Insight for this week.

The insights for the week ending Thursday Apr 09, 2020 are below.

One of the major highlights for the week just ended is the increased optimism and the growth seen in some of the stock prices. Take a look at the ‘Major One Week Advances’ section.

Popular This Week

Most traded stocks this week – ranked based on number of trades.

Company Close Chg $ Chg % Vol
TJH 1.38 +0.02 +1.47% 64.3m
WISYNCO 19.40 +5.49 +39.47% 5.9m
WIG 0.70 +0.03 +4.48% 18.1m
NCBFG 157.87 +5.04 +3.30% 280.4k
MAILPAC 1.76 +0.13 +7.98% 8.4m
FTNA 6.28 +0.67 +11.94% 2.8m

Best Performers For The Week

These are the stocks whose price increased the most over the week.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
WISYNCO 13.91 19.40 +5.49 +39.47%
CPJ 2.50 3.26 +0.76 +30.40%
KEY 3.00 3.84 +0.84 +28.00%
SVL 13.86 17.67 +3.81 +27.49%
ECL 3.07 3.77 +0.70 +22.80%

Note: Open and Close prices along with the movements are for the week-to-date.

Worst Performers For The Week

These are the stocks that saw their price fall the sharpest for the week.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
MTL 0.24 0.20 -0.04 -16.67%
PULS 3.06 2.60 -0.46 -15.03%
SALF 32.18 28.46 -3.72 -11.56%
DTL 1.87 1.67 -0.20 -10.70%

Note: Open and Close prices along with the movements are for the week-to-date.

52 Week Lows This Week New

Stocks hitting a new low at least once this week.

Company WTD
Open
WTD
Close
WTD
High
WTD
Low
WTD Low Vs
WTD Open
WTD Low Vs
WTD Open
# Of
Lows
KW 43.94 44.00 44.00 36.00 +0.06 +0.14% 1
DTL9 1.65 1.65 1.65 1.40 0.00 0.00% 1

Note: Open and Close prices along with the movements are for the week-to-date.

Best Performers (MTD)

These are the stocks with the highest appreciation in price. Also note the number of highs they’ve hit for the period (a sign of how bullish the market is).

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
KEY 2.30 3.84 +1.54 +66.96%
ELITE 3.04 4.73 +1.69 +55.59%
EFRESH 0.62 0.95 +0.33 +53.23%
CBNY 0.08 0.12 +0.04 +50.00%
CPJ 2.22 3.26 +1.04 +46.85%

Note: Open and Close prices along with the movements are for the month-to-date.

Worst Performers (MTD)

These are the worst performing stocks (based on price) for the month. If they’ve hit new lows it’s also a sign that the market is willing to drop this stock at lower and lower prices.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
PULS 3.24 2.60 -0.64 -19.75%
MTL 0.24 0.20 -0.04 -16.67%
JMMBGL7.00NC 1.99 1.70 -0.29 -14.57% 1
CPFV 38.89 33.82 -5.07 -13.04%
DTL 1.83 1.67 -0.16 -8.74%

Note: Open and Close prices along with the movements are for the month-to-date.

Most Valuable Companies By Market Capitalization

Market capitalization is the total value of a business as determined by the market.

Main Market

Company Value J$ Value
Last Wk$
$ Chg
vs PW
Industry
NCBFG 389.4b 376.6b +12.9b Banks
SJ 286.6b 274.8b +11.8b Insurance
SGJ 171.0b 171.2b -136.8m Banks
PJAM 106.8b 108.2b -1.4b Diversified Financial Services
KW 96.3b 96.2b +134.8m Transportation Infrastructure
JMMBGL 75.5b 74.9b +535.8m Capital Markets
GK 72.9b 72.0b +918.2m Food Products

Junior Market

Company Value J$ Value
Last Wk$
$ Chg
vs PW
Industry
LASM 16.8b 13.9b +2.8b Food Products
LASD 10.3b 10.1b +206.8m Food & Staples Retailing
FTNA 7.8b 6.9b +936.8m Food & Staples Retailing
AFS 7.7b 6.3b +1.3b Consumer Finance
GENAC 6.4b 6.9b -494.4m Insurance
LASF 4.6b 4.6b +14.2m Consumer Finance
KEX 4.6b 4.9b -300.2m Road & Rail

Top Dividend Stocks

The best stocks for dividends. Stocks with the highest yield and payment frequency.

Company Yield $ Amt
Paid
CCY
CAR 8.34% 0.6700 JMD
Proven 5.27% 0.0137 USD
NCBFG 2.34% 3.7000 JMD
GK 2.11% 1.5500 JMD
PJAM 1.06% 1.0600 JMD

Based on historical (ordinary) dividends paid over the last 12 months, and the current price. Yield/$ Amt paid does not include special dividends.

Other Top Dividend Stocks

Stocks with good yields but making less frequent payments

Company Yield $ Amt
Paid
How
Often
CCY
1834 8.60% 0.0800 1 JMD
MPCCEL 5.94% 0.0890 1 USD
GENAC 4.60% 0.2839 2 JMD
SML 4.33% 0.2427 2 JMD
BIL 3.61% 2.0870 2 JMD

Look at how often the payment is made and also consider if they have done it in prior years, or did it for special reasons.

Bid-Ask Spreads

Bids > Close Price. Bullish

These stocks are expected to appreciate in price. There is strong demand (smaller spreads) and bid and asks are above the previous close. Bid-ask spreads indicate demand and supply / market liquidity. Bid represents demand and ask supply.

Company Close Bid Ask Spread $ Bid-Ask
Spread %
Bid
Vs Close
Ask
Vs Close
RJR 1.36 1.55 1.65 0.10 +6.45% +13.97% +21.32%
ECL 3.77 4.00 4.60 0.60 +15.00% +6.10% +22.02%
BRG 12.15 12.60 14.50 1.90 +15.08% +3.70% +19.34%
MPCCEL 140.00 144.98 183.98 39.00 +26.90% +3.57% +31.43%
CPFV 33.82 34.97 35.97 1.00 +2.86% +3.49% +6.45%
CABROKERS 2.21 2.25 2.41 0.16 +7.11% +1.81% +9.05%
VMIL 8.87 8.98 9.13 0.15 +1.67% +1.47% +3.16%

A small spread exists when a stock is being actively traded and has high volume – this is normally prefered as it allows orders to be filled quickly at the prices we want.

Bids < / = Close Price. Bearish

These stocks have bids (and possibly asks) below the latest close price. These tend to be stocks with low volumes and/or wider spreads. Small or unknown companies frequently exhibit lower trading volume because fewer investors are interested in relatively unknown firms.

Company Close Bid Ask Spread $ Bid-Ask
Spread %
Bid
Vs Close
Ask
Vs Close
PAL 2,789.00 500.00 4,995.00 4,495.00 +899.00% -82.07% +79.10%
JMMBGL7.25C 1.85 1.00 1.85 0.85 +85.00% -45.95% 0.00%
KLE 1.70 1.35 1.70 0.35 +25.93% -20.59% 0.00%
CAC9.50 1.00 0.80 1.00 0.20 +25.00% -20.00% 0.00%
MEEG 4.83 4.01 4.90 0.89 +22.19% -16.98% +1.45%
CBNY 0.12 0.10 0.12 0.02 +20.00% -16.67% 0.00%
CFF 10.00 8.50 14.50 6.00 +70.59% -15.00% +45.00%

Large bid-ask spreads on illiquid shares are also used by market makers to compensate themselves for assuming the risk of holding low-volume securities. A wide spread represents a higher premium for market makers.

Raging Bulls
(Top performers YTD)
Excluding new listings

Stocks with the highest gain in price YTD. Note the number of highs they’ve also hit since the start of the year

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
138SL 4.24 6.69 +2.45 +57.78% 4
EPLY7.50 4.60 6.05 +1.45 +31.52% 1
PULS 2.00 2.60 +0.60 +30.00% 7
EPLY 14.10 17.33 +3.23 +22.91%
KEY 3.20 3.84 +0.64 +20.00% 3
PBS 0.65 0.77 +0.12 +18.46% 3
PJX 7.20 8.01 +0.81 +11.25% 5

Note: As stocks start to rise, there can be more and more greed in the stock market. You see more and more people thinking, ‘Oh yeah let’s put money on that stock because it’s going up.’ Watch out for that.

YTD Bears
(Worst performers)
Excluding new listings

Stocks losing the most value since the start of the year. Note the number of lows they’ve hit for the period as well

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
ISP 31.99 15.90 -16.09 -50.30%
CCC 83.41 44.01 -39.40 -47.24% 2
MTL 0.36 0.20 -0.16 -44.44% 2
ECL 6.65 3.77 -2.88 -43.31% 9
MIL 9.00 5.54 -3.46 -38.44% 8
SOS 11.02 6.90 -4.12 -37.39% 3
CPJ 5.20 3.26 -1.94 -37.31% 8

Note: Being ‘bearish’ is a sign of pessimism – thinking a stock is going to lose value. ‘Bearish’ investors, therefore, are likely to sell. In some cases (with research) you can take advantage of fear and greed – buying when there’s fear.

New Listings

Stocks listed this year. Take a look at their price performance and also 52W Highs and Lows.

Company Open Close Chg $ Chg % # Of
Highs
# Of
Lows
CABROKERS 1.91 2.21 +0.30 +15.71% 3
TJHUSD 0.01 0.01 1 1
TJH 1.41 1.38 -0.03 -2.13%
FIRSTROCKUSD 0.12 0.09 -0.03 -25.00% 4

Major One Week Advances New

Stocks making a significant advances in price wtd (excluding those hitting new highs). The stocks below experienced their largest percentage increase for a week, since 2019 (but have not yet traded at a 52W high).

Company WTD
Open
WTD
Close
WTD
High
WTD
Low
WTD High Vs
WTD Open
WTD High Vs
WTD Open
# Of
Lows
CABROKERS 2.01 2.21 2.42 2.00 +0.41 +20.40%
EPLY8.75 6.00 6.50 6.50 6.50 +0.50 +8.33%
SVL 13.86 17.67 19.70 14.50 +5.84 +42.14%
CPJ 2.50 3.26 3.51 2.34 +1.01 +40.40%
ECL 3.07 3.77 4.50 3.10 +1.43 +46.58%
WISYNCO 13.91 19.40 20.80 14.00 +6.89 +49.53%

Market Performance New

How the markets performed this week

Index WTD% MTD% YTD%
JSE (JAM) 3.72% 5.68% -21.83%
T&T (TTO) -1.50% -4.66% -14.48%
S&P 500 (USA) 12.10% 7.94% -13.65%
Dow Jones (USA) 12.67% 8.22% -16.89%

Sector Performance WTD New

How each sector performed this week

Financials2.33%
Consumer Staples10.20%
Industrials0.32%
Materials1.02%
Consumer Discretionary22.96%
Real Estate1.40%
Utilities2.13%
Health Care5.12%
Information Technology 0.00%

Largest Industries New

How the largest industries perfomed

Industry (Sector) – Mkt Cap WTD% MTD% YTD%
Banks (Financials) – 560.5b 2.27% 4.71% -17.32%
Insurance (Financials) – 295.0b 2.74% 3.98% -20.75%
Food Products (Consumer Staples) – 225.0b 12.57% 13.66% -17.75%
Capital Markets (Financials) – 147.1b 1.44% 4.49% -20.28%
Diversified Financial Services (Financials) – 123.6b 1.69% 2.64% -17.16%

Best Performing Industries New

The Top Performing Industries YTD

Industry (Sector) WTD% MTD% YTD%
Electronic Equipment, Instruments & Component (Information Technology) 0.00% 0.00% 18.95%
Distributors (Consumer Discretionary) 11.67% 14.82% -1.97%
Equity Real Estate
Investment Trusts
(REITs (Real Estate)
2.61% 0.00% -5.36%
Household Products (Consumer Staples) 1.33% 5.32% -6.32%
Real Estate Management & Development (Real Estate) 1.30% 1.67% -6.40%

About The MoneyMax Market Insight – This is a compilation of stats and tips on the market. Each week we will highlight the best performing, trending & top ranked stocks and more – giving our members tips on what has been performing well and what to look forward to.

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