Guardian Acquisition Complete, Paramount Appoints Chairman. $24.6m 23 Stocks Traded. 13 Up, 5 Down 5 Firm – April 18, 2013

Today J$24.62 million was traded on the Jamaica Stock Exchange J$ Market (2.65 million shares) for 23 securities.
US$2.96 thousand was traded on the Jamaica Stock Exchange US$ Market (26,948 units) for 1 security.
This was broken down as follows;

• Main Market – J$17.96 million – 515,348 shares traded. 13 Stock(s).
• Junior Market – J$6.66 million – 2,076,715 shares traded. 8 Stock(s).
• Preference Shares – J$178.66 thousand – 35,100 shares traded. 1 Stock(s).
• USD Market – US$2.96 thousand – 26,948 shares traded. 1 Stock(s).

Top 5 % Increases

1. CPJ ……. +4.71% or +J$0.09 to close at J$2.00 with 719,880 shares traded – Caribbean Producers Jamaica
2. KW …….. +4.50% or +J$0.25 to close at J$5.80 with 11,215 shares traded – Kingston Wharves Ltd.
3. HL …….. +2.50% or +J$0.10 to close at J$4.10 with 3,000 shares traded – Hardware & Lumber
4. CAR ……. +2.27% or +J$1.24 to close at J$55.97 with 50,275 shares traded – Carreras Limited
5. SVL ……. +1.59% or +J$0.04 to close at J$2.55 with 3,000 shares traded – Supreme Ventures Limited

Top 5 Value Traded

1. GK …….. J$11,903,750.00 – -0.02% or -J$0.01 to close at J$53.50 with 222,500 shares traded – GraceKennedy Ltd.
2. PTL ……. J$3,263,193.60 – +0.00% or +J$0.00 to close at J$3.20 with 1,019,748 shares traded – Paramount Trading (Jamaica) Limited
3. CAR ……. J$2,790,011.13 – +2.27% or +J$1.24 to close at J$55.97 with 50,275 shares traded – Carreras Limited
4. SGJ ……. J$2,098,968.25 – -1.04% or -J$0.22 to close at J$20.97 with 100,070 shares traded – Scotia Group Jamaica
5. CPJ ……. J$1,407,365.40 – +4.71% or +J$0.09 to close at J$2.00 with 719,880 shares traded – Caribbean Producers Jamaica

Top 5 Volume Traded

1. PTL ……. 1,019,748 shares – +0.00% or +J$0.00 to close at J$3.20 – Paramount Trading (Jamaica) Limited
2. CPJ ……. 719,880 shares – +4.71% or +J$0.09 to close at J$2.00 – Caribbean Producers Jamaica
3. GK …….. 222,500 shares – -0.02% or -J$0.01 to close at J$53.50 – GraceKennedy Ltd.
4. AFS ……. 136,500 shares – +0.59% or +J$0.04 to close at J$6.78 – Access Financial Services Limited
5. LASF …… 112,100 shares – +0.43% or +J$0.03 to close at J$7.03 – Lasco Financial Services Limited

Top 5 % Decreases

1. SGJ ……. -1.04% or -J$0.22 to close at J$20.97 with 100,070 shares traded – Scotia Group Jamaica
2. JBG ……. -0.44% or -J$0.02 to close at J$4.50 with 59,686 shares traded – Jamaica Broilers Ltd.
3. SLJ ……. -0.13% or -J$0.01 to close at J$7.58 with 28,000 shares traded – Sagicor Life Jamaica Limited
4. GK …….. -0.02% or -J$0.01 to close at J$53.50 with 222,500 shares traded – GraceKennedy Ltd.
5. PTL ……. +0.00% or +J$0.00 to close at J$3.20 with 1,019,748 shares traded – Paramount Trading (Jamaica) Limited

52 Week high / low

• Lasco Financial Services Limited traded at its 52-week high of $7.05.
• Kingston Wharves Ltd. traded at its 52-week high of $5.8.

Other News

• National Commercial Bank Jamaica Limited has advised that the Board of Directors will consider the payment of an interim dividend to stockholders at a meeting scheduled for Thursday, April 25, 2013.
• Guardian Holdings Limited has announced the successful completion of the acquisition of 100% of the issued share capital of Royal & Sun Alliance Insurance (Antilles) N.V. from the RSA Group and Maduro & Curiel’s Bank, through its
  Dutch subsidiary Fatum General Insurance N.V. (Fatum). The purchase consideration of the transaction is US$18 million. All necessary approvals have been granted by the Central Bank of Curacao and St. Maarten and the Central Bank of Aruba. Regulators in the islands of Bonaire, Saint Eustatius and Saba, have also indicated their approval of the acquisition as well.
• Paramount Trading (Jamaica) Limited has announced the election of Mr. Radcliff Knibbs as Non-Executive Chairman of the Board of Directors. Mr. Knibbs’ election was confirmed at the first meeting of the Board held on April 4, 2013.