JSE Daily: 4 New Highs, 3 New Lows. LAB IPO – Jul 10, 2019

Stock market performance report for Wednesday 10th of July 2019 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 78.9m shares / $332.9m traded. (32 Advanced / 28 Declined / 10 Firm) .
  • There were 4 new 52-week highs and 3 52-week lows today.
  • The LAB released the prospectus for their IPO today

Market Performance

  • Ordinary Shares – Main Market – 64,087,454 shares, 38 stocks traded, 11 not traded.
  • Ordinary Shares – Junior Market – 14,928,964 shares, 30 stocks traded, 5 not traded.
  • Preference Shares – Main Market – 4,078 shares, 23 stocks traded, 21 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Jetcon Corporation Limited (JETCON) shares advanced 16.77% or +0.28 to close at J$1.95 with 200,000 shares traded. (Today’s range: J$1.88 – J$2.00)
  2. Blue Power Group Ltd (BPOW) shares advanced 10.87% or +0.54 to close at J$5.51 with 5,000 shares traded.
  3. Jamaica Stock Exchange Ltd (JSE) shares advanced 10.54% or +3.17 to close at J$33.25 with 34,939 shares traded. (Today’s range: J$30.09 – J$35.00)
  4. AMG Packaging & Paper Company Ltd (AMG) shares advanced 6.03% or +0.12 to close at J$2.11 with 71,097 shares traded. (Today’s range: J$2.09 – J$2.14)
  5. Sagicor X Fund (XFUND) shares advanced 5.90% or +0.59 to close at J$10.59 with 162,498 shares traded. (Today’s range: J$9.70 – J$11.00)

Top 5 (Intra-Day) Advancing Stocks (Not including the top 5 advancers above)

  1. Caribbean Cream Ltd (KREMI) traded between 0.21% and 14.35% above yesterday’s closing price of J$4.81 ( from J$4.82 to J$5.50) . It closed at J$5.03.
  2. GWest Corporation Ltd (GWEST) traded between -6.25% and 12.50% above yesterday’s closing price of J$0.80 ( from J$0.75 to J$0.90) . It closed at J$0.81.
  3. FosRich Company Ltd (FOSRICH) traded between -0.74% and 11.52% above yesterday’s closing price of J$4.08 ( from J$4.05 to J$4.55) . It closed at J$4.20.
  4. Barita Investments Ltd (BIL) traded between -4.47% and 8.90% above yesterday’s closing price of J$52.34 ( from J$50.00 to J$57.00) . It closed at J$53.63.
  5. Elite Diagnostics Ltd (ELITE) traded as high as 7.76% above yesterday’s closing price of J$4.64 (between J$4.64 and J$5.00) . It closed at J$4.89.

Top 5 Value Traded

  1. Eppley Ltd (EPLY) shares valued at J$145.1m were traded. The stock moved -23.92% or -4.09 to close at J$13.01 with 9,631,915 units traded. (Today’s range: J$13.00 – J$17.13)
  2. Wigton Windfarm Ltd (WIG) shares valued at J$52.9m were traded. The stock moved +1.12% or +0.01 to close at J$0.90 with 59,443,574 units traded. (Today’s range: J$0.85 – J$0.93)
  3. Sagicor Group Jamaica Ltd (SJ) shares valued at J$28.6m were traded. The stock moved -0.86% or -0.49 to close at J$56.81 with 505,408 units traded. (Today’s range: J$55.80 – J$57.50)
  4. Scotia Group Jamaica (SGJ) shares valued at J$17.6m were traded. The stock moved +0.14% or +0.08 to close at J$57.27 with 307,055 units traded. (Today’s range: J$57.00 – J$57.50)
  5. Lasco Manufacturing Ltd (LASM) shares valued at J$15.1m were traded. The stock moved -1.22% or -0.05 to close at J$4.06 with 3,653,139 units traded. (Today’s range: J$4.05 – J$4.20)

Top 5 Volume Traded

  1. Wigton Windfarm Ltd (WIG) – 59.4m units traded. The shares moved +1.12% or +0.01 to close at J$0.90 (Today’s range: J$0.85 – J$0.93)
  2. Eppley Ltd (EPLY) – 9.6m units traded. The shares moved -23.92% or -4.09 to close at J$13.01 (Today’s range: J$13.00 – J$17.13)
  3. Lasco Manufacturing Ltd (LASM) – 3.7m units traded. The shares moved -1.22% or -0.05 to close at J$4.06 (Today’s range: J$4.05 – J$4.20)
  4. Stanley Motta Ltd (SML) – 760.0k units traded. The shares moved +2.51% or +0.13 to close at J$5.30 (Today’s range: J$5.20 – J$5.31)
  5. GWest Corporation Ltd (GWEST) – 673.4k units traded. The shares moved +1.25% or +0.01 to close at J$0.81 (Today’s range: J$0.75 – J$0.90)

Top 5 Declining Stocks (view all declining stocks here)

  1. Eppley Ltd (EPLY) declined -23.92% or -4.09 to close at J$13.01 (trading between J$13.00 and J$17.13) with 9,631,915 shares traded
  2. 138 Student Living Jamaica Limited (138SL) declined -19.75% or -0.79 to close at J$3.21 (trading between J$3.20 and J$3.41) with 15,000 shares traded
  3. K.L.E. Group Ltd (KLE) declined -19.05% or -0.40 to close at J$1.70 (trading between J$1.70 and J$1.70) with 7,700 shares traded
  4. Sygnus Credit Investments Limited USD Ordinary Shares (SCIUSD) declined -9.09% or -0.01 to close at J$0.10 (trading between J$0.10 and J$0.10) with 13,480 shares traded
  5. Sterling Investments Ltd (SIL) declined -5.04% or -0.18 to close at J$3.39 (trading between J$3.30 and J$3.40) with 35,650 shares traded

Top 5 (Intra-Day) Declining Stocks (Not including the top 5 decliners above)

  1. Express Catering Ltd (ECL) traded between -0.44% and -9.63% below yesterday’s closing price of J$6.75 (from J$6.10 to J$6.72) . It closed at J$6.57.
  2. Jamaica Money Market Brokers Group Ltd (JMMBGL) traded between 3.77% and -8.47% below yesterday’s closing price of J$53.00 (from J$48.51 to J$55.00) . It closed at J$51.07.
  3. GWest Corporation Ltd (GWEST) traded between 12.50% and -6.25% below yesterday’s closing price of J$0.80 (from J$0.75 to J$0.90) . It closed at J$0.81.
  4. Kingston Wharves Ltd (KW) traded between 0.56% and -5.42% below yesterday’s closing price of J$69.61 (from J$65.84 to J$70.00) . It closed at J$68.67.
  5. Caribbean Producers (Jamaica) (CPJ) traded between 1.05% and -5.26% below yesterday’s closing price of J$4.75 (from J$4.50 to J$4.80) . It closed at J$4.68.

52-Week High/Lows

4 stock(s) hit 52-week highs today. (more about these stocks here)

  1. Barita Investments Ltd J$57.00. (Today’s range: J$50.00 – J$57.00)
  2. Elite Diagnostics Ltd J$5.00. (Today’s range: J$4.64 – J$5.00)
  3. Jamaica Stock Exchange Ltd J$35.00. (Today’s range: J$30.09 – J$35.00)
  4. Proven Investments Limited J$36.00.

3 stock(s) hit 52-week lows today. (more about these stocks here)

  1. Express Catering Ltd traded at its 52-week low of J$6.10. (Today’s range: J$6.10 – J$6.72)
  2. GWest Corporation Ltd traded at its 52-week low of J$0.75. (Today’s range: J$0.75 – J$0.90)
  3. K.L.E. Group Ltd traded at its 52-week low of J$1.70.

Note:

  • JSE Combined Index (J$) includes Ordinary Shares – Main Market and Ordinary Shares – Junior Market
  • JSE Market Index (J$) includes Ordinary Shares – Main Market, Preference Shares – Junior Market, and Preference Shares – Main Market
  • JSE Junior Market Index (J$) includes Ordinary Shares – Junior Market, and Preference Shares – Junior Market
  • JSE US Equities Index (US$) includes Ordinary Shares – US Market, and US Denominated Shares – Main Market

 

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