Big Increases Today – LASF 14.21%, CWJA 13.33%. J$20.3 Million SLJ Traded – April 03, 2012

Today J$28.97 million was traded on the Jamaica Stock Exchange J$ Market (3.46 million shares) for 28 securities.

This was broken down as follows;

• Main Market – J$26.27 million – 2,442,380 shares traded. 17 Stock(s).
• Junior Market – J$2.70 million – 857,925 shares traded. 8 Stock(s).
• Preference Shares – J$564.86 thousand – 160,247 shares traded. 2 Stock(s).
• USD Market – US$100.00 hundred – 1,000 shares traded. 1 Stock(s).

Top 5 % Increases

1. LASF ….. +14.21% or +J$0.56 to close at J$4.50 with 10,000 shares traded – Lasco Financial Services Limited
2. CWJA ….. +13.33% or +J$0.02 to close at J$0.17 with 117,762 shares traded – Cable and Wireless Jamaica Ltd.
3. DG ……. +11.21% or +J$0.48 to close at J$4.76 with 227,694 shares traded – Desnoes and Geddes Ltd.
4. PROVEN … +11.11% or +J$0.01 to close at J$0.10 with 1,000 shares traded – Proven Investments Limited
5. DCOVE …. +5.00% or +J$0.35 to close at J$7.35 with 6,500 shares traded – Dolphin Cove Limited

Top 5 Value Traded

1. SLJ …… J$20,258,799.36 – -0.55% or -J$0.06 to close at J$10.77 with 1,862,022 shares traded – Sagicor Life Jamaica Limited
2. PCFS (XD) J$1,917,787.52 – -0.04% or -J$0.01 to close at J$26.48 with 72,424 shares traded – Pan Caribbean Financial Services
3. NCBJ ….. J$1,832,607.50 – +1.11% or +J$0.29 to close at J$26.50 with 69,155 shares traded – National Commercial Bank of Jamaica Ltd.
4. GENAC …. J$1,500,640.00 – -3.81% or -J$0.08 to close at J$2.02 with 723,200 shares traded – General Accident Insurance Company Jamaica Limited
5. DG ……. J$1,075,854.15 – +11.21% or +J$0.48 to close at J$4.76 with 227,694 shares traded – Desnoes and Geddes Ltd.

Top 5 Volume Traded

1. SLJ …… 1,862,022 shares – -0.55% or -J$0.06 to close at J$10.77 – Sagicor Life Jamaica Limited
2. GENAC …. 723,200 shares – -3.81% or -J$0.08 to close at J$2.02 – General Accident Insurance Company Jamaica Limited
3. DG ……. 227,694 shares – +11.21% or +J$0.48 to close at J$4.76 – Desnoes and Geddes Ltd.
4. CWJA ….. 117,762 shares – +13.33% or +J$0.02 to close at J$0.17 – Cable and Wireless Jamaica Ltd.
5. JMMB8.5 .. 100,000 shares – +0.28% or +J$0.01 to close at J$3.54 – Jamaica Money Market Brokers Ltd 8.50%

Bottom 5 % Change

1. LASM ….. -5.36% or -J$0.68 to close at J$12.01 with 42,525 shares traded – Lasco Manufacturing Limited
2. MIL …… -5.17% or -J$0.14 to close at J$2.57 with 49,212 shares traded – Mayberry Investments Ltd
3. SGJ …… -3.91% or -J$0.97 to close at J$23.82 with 5,000 shares traded – Scotia Group Jamaica
4. GENAC …. -3.81% or -J$0.08 to close at J$2.02 with 723,200 shares traded – General Accident Insurance Company Jamaica Limited
5. CCC …… -0.84% or -J$0.02 to close at J$2.36 with 2,809 shares traded – Caribbean Cement Company Ltd.

52 Week high / low

• Lascelles, deMercado and Company Ltd. traded at its 52-week low of $270.
• Jamaica Money Market Brokers Ltd 8.50% traded at its 52-week high of $3.54.

Other News

• Trinidad Cement Limited (TCL) has advised that Dr. Leonard Nurse and Mr. Jeffrey McFarlane have resigned from the Board of Directors of TCL effective March 28, 2012 to facilitate the appointment of Messrs. Jean Michel Allard and George Thomas, who are nominees of the Steering Committee of Lenders as part of the Group’s debt restructuring program. Messrs. Thomas and Allard were appointed with effect from March 29, 2012 in accordance with Clause 4.4.2 of the Company’s Bylaws, which empowers the Board to fill the casual vacancies so created. These appointments will be submitted for ratification at the next TCL Annual Meeting.
• The Board of Directors of Sagicor Life Jamaica Limited (SLJ) has declared a dividend of $0.28 per share payable on April 30, 2012 to shareholders on record as at April 19, 2012. The ex-dividend date is April 17, 2012.
• Honey Bun (1982) Limited has advised that McKenley & Associates has been reappointed as Auditors of the company for the financial year 2012.