J$198.5 Million Traded (Carreras Limited with J$188.8 Million). No Trades for MUSIC Today – May 30, 2012

Today J$198.53 million was traded on the Jamaica Stock Exchange J$ Market (4.57 million shares) for 18 securities.

This was broken down as follows;

• Main Market – J$197.60 million – 4,372,634 shares traded. 12 Stock(s).
• Junior Market – J$932.46 thousand – 198,759 shares traded. 6 Stock(s).

Top 5 % Increases

1. NCBJ ….. +0.21% or +J$0.05 to close at J$24.42 with 12,055 shares traded – National Commercial Bank of Jamaica Ltd.
2. SLJ …… +0.09% or +J$0.01 to close at J$10.68 with 422,331 shares traded – Sagicor Life Jamaica Limited
3. GK ……. +0.09% or +J$0.05 to close at J$55.72 with 12,388 shares traded – GraceKennedy Ltd.
4. SGJ …… +0.05% or +J$0.01 to close at J$21.89 with 17,067 shares traded – Scotia Group Jamaica
5. CPJ …… +0.00% or +J$0.00 to close at J$2.45 with 70,000 shares traded – Caribbean Producers Jamaica

Top 5 Value Traded

1. CAR …… J$188,830,282.10 – +0.00% or +J$0.00 to close at J$50.00 with 3,775,473 shares traded – Carreras Limited
2. SLJ …… J$4,510,495.08 – +0.09% or +J$0.01 to close at J$10.68 with 422,331 shares traded – Sagicor Life Jamaica Limited
3. PJAM ….. J$2,242,982.53 – +0.00% or +J$0.00 to close at J$57.50 with 39,005 shares traded – Pan Jamaican InvestmentsTrust Ltd.
4. GK ……. J$689,639.96 – +0.09% or +J$0.05 to close at J$55.72 with 12,388 shares traded – GraceKennedy Ltd.
5. PCFS ….. J$387,186.90 – -3.34% or -J$0.82 to close at J$23.70 with 16,337 shares traded – Pan Caribbean Financial Services

Top 5 Volume Traded

1. CAR …… 3,775,473 shares – +0.00% or +J$0.00 to close at J$50.00 – Carreras Limited
2. SLJ …… 422,331 shares – +0.09% or +J$0.01 to close at J$10.68 – Sagicor Life Jamaica Limited
3. AMG …… 85,000 shares – -0.25% or -J$0.01 to close at J$3.99 – AMG Packaging & Paper Company Limited
4. CPJ …… 70,000 shares – +0.00% or +J$0.00 to close at J$2.45 – Caribbean Producers Jamaica
5. JBG …… 49,055 shares – -1.03% or -J$0.05 to close at J$4.80 – Jamaica Broilers Ltd.

Bottom 5 % Change

1. PCFS ….. -3.34% or -J$0.82 to close at J$23.70 with 16,337 shares traded – Pan Caribbean Financial Services
2. CCC …… -1.27% or -J$0.02 to close at J$1.55 with 15,793 shares traded – Caribbean Cement Company Ltd.
3. LASM ….. -1.25% or -J$0.14 to close at J$11.10 with 4,010 shares traded – Lasco Manufacturing Limited
4. LASD ….. -1.21% or -J$0.15 to close at J$12.25 with 21,300 shares traded – Lasco Distributors Limited
5. JBG …… -1.03% or -J$0.05 to close at J$4.80 with 49,055 shares traded – Jamaica Broilers Ltd.

Other News

• Cable & Wireless Jamaica Limited has released its audited financial statements for the year ended March 31, 2012.
• Lascelles, deMercado & Co Limited (LAS) has advised that several companies have expressed an interest in negotiating for the possible purchase of Globe Insurance Company of Jamaica Limited (Globe) . The Board of LAS instructed its advisors to identify one of those interested parties as a preferred party and allow them the opportunity to undertake full due diligence. One such party has been identified and the due diligence process is now underway. LAS advised further that as yet, there has been no final decision to sell Globe and neither is there in place any binding commitment on either side to proceed with any transaction at any price.
• At a meeting of the Board of Directors of LASCO Distributors Limited scheduled for Thursday, June 7, 2012, the Directors will consider and if thought fit, recommend the payment of an interim dividend.
• At a meeting of the Board of Directors of LASCO Financial Services Limited (LASF) scheduled for Friday, June 8, 2012, the Directors will consider and if thought fit, recommend the payment of an interim dividend. LASF has released its audited financial statements for the year ended March 31, 2012.