J$15m Traded. Scotia Hits 52 Week Low of J$20.95 – June 22, 2012

June 22, 2012

Today J$15.11 million was traded on the Jamaica Stock Exchange J$ Market (1.34 million shares) for 19 securities.

This was broken down as follows;

  • Main Market – J$12.35 million – 1,020,920 shares traded. 11 Stock(s).
  • Junior Market – J$2.77 million – 109,719 shares traded. 8 Stock(s).

Top 5 % Increases

  1. SVL ……. +4.17% or +J$0.10 to close at J$2.50 with 140,000 shares traded – Supreme Ventures Limited
  2. CCC ……. +2.56% or +J$0.03 to close at J$1.20 with 71,657 shares traded – Caribbean Cement Company Ltd.
  3. JBG ……. +2.13% or +J$0.10 to close at J$4.80 with 36,764 shares traded – Jamaica Broilers Ltd.
  4. LASD …… +0.58% or +J$0.08 to close at J$13.89 with 5,600 shares traded – Lasco Distributors Limited
  5. SIJL …… +0.28% or +J$0.08 to close at J$28.29 with 4,748 shares traded – Scotia DBG Investments Ltd.

Top 5 Value Traded

  1. SGJ ……. J$5,147,007.40 – -0.43% or -J$0.09 to close at J$21.01 with 243,934 shares traded – Scotia Group Jamaica
  2. CAR ……. J$3,445,893.75 – +0.13% or +J$0.07 to close at J$52.97 with 65,325 shares traded – Carreras Limited
  3. LASM …… J$2,387,215.00 – -4.59% or -J$0.53 to close at J$11.02 with 214,100 shares traded – Lasco Manufacturing Limited
  4. JMMB …… J$1,174,604.03 – -0.22% or -J$0.02 to close at J$9.20 with 127,605 shares traded – Jamaica Money Market Brokers Ltd.
  5. NCBJ …… J$923,999.74 – -0.29% or -J$0.07 to close at J$24.03 with 38,396 shares traded – National Commercial Bank of Jamaica Ltd.

Top 5 Volume Traded

  1. CWJA …… 244,543 shares – -4.55% or -J$0.01 to close at J$0.21 – Cable and Wireless Jamaica Ltd.
  2. SGJ ……. 243,934 shares – -0.43% or -J$0.09 to close at J$21.01 – Scotia Group Jamaica
  3. LASM …… 214,100 shares – -4.59% or -J$0.53 to close at J$11.02 – Lasco Manufacturing Limited
  4. SVL ……. 140,000 shares – +4.17% or +J$0.10 to close at J$2.50 – Supreme Ventures Limited
  5. JMMB …… 127,605 shares – -0.22% or -J$0.02 to close at J$9.20 – Jamaica Money Market Brokers Ltd.

Bottom 5 % Change

  1. LASM …… -4.59% or -J$0.53 to close at J$11.02 with 214,100 shares traded – Lasco Manufacturing Limited
  2. CWJA …… -4.55% or -J$0.01 to close at J$0.21 with 244,543 shares traded – Cable and Wireless Jamaica Ltd.
  3. HONBUN …. -2.09% or -J$0.09 to close at J$4.21 with 3,200 shares traded – Honey Bun (1982) Limited
  4. PJAM …… -0.85% or -J$0.49 to close at J$57.00 with 7,693 shares traded – Pan Jamaican InvestmentsTrust Ltd.
  5. SGJ ……. -0.43% or -J$0.09 to close at J$21.01 with 243,934 shares traded – Scotia Group Jamaica

52 Week high / low

  • Scotia Group Jamaica traded at its 52-week low of $20.95.

Other Updates

  • Trinidad Cement Limited (TCL) has announced that it has completed the re-profiling of the majority of the Company’s  outstanding debt. The re-profiling plan extends the maturities of approximately TT$1.95 billion in secured and unsecured obligations with more than 30 regional and international financial institutions and bondholders, providing for a quarterly amortisation schedule starting March 30, 2013, with a final maturity of December 30, 2018. Final documentation has been signed and all conditions precedent have been satisfied in full. Key components of the re-profiling plan include: A revised maturity schedule running through December 30, 2018; a covenant package, including revised financial covenants and a mandatory cash sweep repayment mechanism; a security package comprised of selected additional security over the stock and assets in certain subsidiaries, provided to current unsecured as well as current secured creditors; the company intends to meet the amortisation requirements prior to final maturity using funds from a variety of sources, including free cash flow from operations and net cash proceeds from strategic initiatives, as well as capital market transactions.
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