J$11m / 27 Stocks Traded – 12 Advanced, 10 Declined and 5 Firm – Oct 31, 2012

Today J$10.77 million was traded on the Jamaica Stock Exchange J$ Market (1.30 million shares) for 27 securities.

This was broken down as follows;
Main Market – J$7.39 million – 608,602 shares traded. 15 Stock(s).
Junior Market – J$3.38 million – 562,318 shares traded. 11 Stock(s).
Preference Shares – J$412.80 thousand – 129,000 shares traded. 1 Stock(s).
USD Market – US$0.00 – 00 shares traded. 0 Stock(s).

Top 5 % Increases
CCC ……. +5.26% or +J$0.05 to close at J$1.00 with 36,383 shares traded – Caribbean Cement Company Ltd.
DCOVE ….. +3.33% or +J$0.25 to close at J$7.75 with 1,300 shares traded – Dolphin Cove Limited
LASF …… +2.80% or +J$0.14 to close at J$5.14 with 52,700 shares traded – Lasco Financial Services Limited
LASM …… +2.44% or +J$0.31 to close at J$12.99 with 41,430 shares traded – Lasco Manufacturing Limited
SLJ ……. +2.07% or +J$0.21 to close at J$10.34 with 157,017 shares traded – Sagicor Life Jamaica Limited

Top 5 Value Traded
JMMB …… J$2,305,397.00 – -0.77% or -J$0.07 to close at J$9.06 with 254,740 shares traded – Jamaica Money Market Brokers Ltd.
CAR ……. J$2,129,705.00 – -0.64% or -J$0.35 to close at J$54.69 with 39,250 shares traded – Carreras Limited
SLJ ……. J$1,629,051.38 – +2.07% or +J$0.21 to close at J$10.34 with 157,017 shares traded – Sagicor Life Jamaica Limited
AFS ……. J$1,266,597.50 – +0.00% or +J$0.00 to close at J$5.50 with 230,500 shares traded – Access Financial Services Limited
LASD …… J$915,208.32 – +0.73% or +J$0.09 to close at J$12.48 with 73,334 shares traded – Lasco Distributors Limited

Top 5 Volume Traded
JMMB …… 254,740 shares – -0.77% or -J$0.07 to close at J$9.06 – Jamaica Money Market Brokers Ltd.
AFS ……. 230,500 shares – +0.00% or +J$0.00 to close at J$5.50 – Access Financial Services Limited
SLJ ……. 157,017 shares – +2.07% or +J$0.21 to close at J$10.34 – Sagicor Life Jamaica Limited
JMMB8.75 .. 129,000 shares – -0.31% or -J$0.01 to close at J$3.20 – Jamaica Money Market Brokers Limited 8.75%
CPJ ……. 88,215 shares – +0.00% or +J$0.00 to close at J$2.19 – Caribbean Producers Jamaica

Top 5 % Decreases
KLE ……. -2.50% or -J$0.10 to close at J$3.90 with 3,720 shares traded – K.L.E. Group Limited
SVL ……. -2.02% or -J$0.05 to close at J$2.43 with 3,470 shares traded – Supreme Ventures Limited
AMG ……. -1.41% or -J$0.05 to close at J$3.50 with 6,942 shares traded – AMG Packaging & Paper Company Limited
SGJ ……. -0.93% or -J$0.20 to close at J$21.22 with 4,427 shares traded – Scotia Group Jamaica
MUSIC ….. -0.82% or -J$0.01 to close at J$1.21 with 944 shares traded – C2W Music Limited

Other News

Jamaica Producers Group Limited (JP) has announced that it has now assessed the damage to its business arising from Hurricane Sandy. Hurricane Sandy made a direct hit to JP’s 500-acre banana and tropical produce farm in St. Mary, Jamaica on October 24, 2012. As a result, over 85% of the farm’s banana crop was destroyed and JP’s ripe banana business and snack business have been temporarily disrupted. JP has advised that it will take immediate steps to

• (a) supplement its snack inventory with cassava and sweet potato-based snacks as well as banana chips from its snack processing facility in the Dominican Republic, and
• (b) restore the farms to production within six months. JP estimates the direct financial damage to its banana crop to be approximately J$50 million or less than 1 percent of the book value of its net assets. JP’s pineapple crop did not face material damage from Hurricane Sandy and JP expects to continue to see increased production of this crop. As a result of a series of recent diversification initiatives, JP has advised that its holdings are now evenly divided between its international food and drink businesses and its interests in logistics and land management.

The Annual General Meeting of Pulse Investments Limited will be held at the Wyndham Hotel, 77 Knutsford Boulevard, Kingston 10 on Wednesday November 14, 2012 at 10:00 a.m.