JSE Daily: Bad Pricing Or Bad Timing? FIRSTROCKJMD Now Down 42% Since Listing – Mar 04, 2020

March 4, 2020

Stock market performance report for Wednesday 4th of March 2020 below.

Jamaica Stock Exchange (JSE)

Today’s Highlights

  • JMMBGL7.50, 1834 & ICREATE Lead Advancers
  • EPLY, KEY & ProvenJA Lead Decliners
  • Sagicor Select Funds Ltd – Financial (SELECTF) Lead Market Volumes With 14.1m Shares Traded
  • No New 52-Week High(s) & 4 52-Week Low(s) Today

Market Performance

  • Combined Market (All Securities) – 33.6m Shares ($251.5m) Traded.
  • Main Market (Ordinary Shares) – 29.6m Shares, 41 Stocks Traded.
  • Main Market (Preference Shares) – 667.2k Shares, 3 Stocks Traded.
  • Junior Market (Ordinary Shares) – 3.4m Shares, 32 Stocks Traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Jamaica Money Market Brokers Ltd 7.50% (JMMBGL7.50) shares advanced 19.35% or +0.12 to close at $0.74 with 652,806 shares traded. (Today’s range: $0.68 – $0.75)
  2. 1834 Investments Limited (1834) shares advanced 8.49% or +0.09 to close at $1.15 with 40,000 shares traded.
  3. iCreate Ltd (ICREATE) shares advanced 6.45% or +0.04 to close at $0.66 with 34,369 shares traded. (Today’s range: $0.64 – $0.69)
  4. Honey Bun (1982) Ltd (HONBUN) shares advanced 6.39% or +0.39 to close at $6.49 with 8,523 shares traded. (Today’s range: $6.05 – $6.64)
  5. Mayberry Investments Ltd (MIL) shares advanced 5.12% or +0.39 to close at $8.00 with 232,702 shares traded.

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

  1. First Rock Capital Holdings Ltd (FIRSTROCKJMD) traded between -6.57% and 11.11% above yesterday’s closing price of $9.90 ( from $9.25 to $11.00) . It closed at $9.72.
  2. Lasco Financial Services Ltd (LASF) traded between -6.04% and 7.38% above yesterday’s closing price of $2.98 ( from $2.80 to $3.20) . It closed at $3.12.
  3. Lumber Depot Ltd (LUMBER) traded as high as 7.14% above yesterday’s closing price of $1.40 (between $1.40 and $1.50) . It closed at $1.46.
  4. Wigton Windfarm Ltd (WIG) traded between -6.67% and 6.67% above yesterday’s closing price of $0.75 ( from $0.70 to $0.80) . It closed at $0.73.
  5. Caribbean Cement Company Ltd (CCC) traded between 3.01% and 6.09% above yesterday’s closing price of $65.04 ( from $67.00 to $69.00) . It closed at $67.01.

Top 5 Value Traded

  1. Sagicor Group Jamaica Ltd (SJ) shares valued at $73.3m were traded. The stock moved +3.25% or +2.10 to close at $66.66 with 1,136,646 units traded. (Today’s range: $61.00 – $67.98)
  2. Wisynco Group Ltd (WISYNCO) shares valued at $47.6m were traded. The stock moved -0.49% or -0.11 to close at $22.48 with 2,114,845 units traded. (Today’s range: $22.45 – $22.54)
  3. Jamaica Money Market Brokers Group Ltd (JMMBGL) shares valued at $29.9m were traded. The stock moved -2.88% or -1.18 to close at $39.86 with 756,324 units traded. (Today’s range: $38.25 – $40.91)
  4. NCB Financial Group Ltd (NCBFG) shares valued at $18.7m were traded. The stock moved -2.10% or -3.69 to close at $172.37 with 106,868 units traded. (Today’s range: $170.55 – $180.00)
  5. Sagicor Select Funds Ltd – Financial (SELECTF) shares valued at $13.1m were traded. The stock moved -6.67% or -0.07 to close at $0.98 with 14,124,145 units traded. (Today’s range: $0.80 – $1.05)

Top 5 Volume Traded

  1. Sagicor Select Funds Ltd – Financial (SELECTF) – 14.1m units traded. The shares moved -6.67% or -0.07 to close at $0.98 (Today’s range: $0.80 – $1.05)
  2. Wigton Windfarm Ltd (WIG) – 6.1m units traded. The shares moved -2.67% or -0.02 to close at $0.73 (Today’s range: $0.70 – $0.80)
  3. Wisynco Group Ltd (WISYNCO) – 2.1m units traded. The shares moved -0.49% or -0.11 to close at $22.48 (Today’s range: $22.45 – $22.54)
  4. Mailpac Group Ltd (MAILPAC) – 1.2m units traded. The shares moved -0.56% or -0.01 to close at $1.79 (Today’s range: $1.75 – $1.81)
  5. QWI Investments Ltd (QWI) – 1.2m units traded. The shares moved -1.18% or -0.01 to close at $0.84 (Today’s range: $0.80 – $0.86)

Top 5 Declining Stocks (view all declining stocks here)

  1. Eppley Ltd (EPLY) declined -27.46% or -4.94 to close at $13.05 (trading between $13.05 and $13.05) with 4,900 shares traded
  2. Key Insurance Company Limited (KEY) declined -14.04% or -0.49 to close at $3.00 (trading between $3.00 and $3.00) with 1 shares traded
  3. Proven Investments Limited (ProvenJA) declined -12.55% or -5.93 to close at $41.33 (trading between $41.00 and $47.95) with 8,284 shares traded
  4. Cargo Handlers Ltd (CHL) declined -11.53% or -0.92 to close at $7.06 (trading between $7.00 and $7.98) with 107 shares traded
  5. First Rock Capital Holdings Ltd (FIRSTROCKUSD) declined -11.11% or -0.01 to close at $0.08 (trading between $0.08 and $0.08) with 6,641 shares traded

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

  1. Sagicor Select Funds Ltd – Financial (SELECTF) traded as low as -23.81% below yesterday’s closing price of $1.05 (between $0.80 and $1.05) . It closed at $0.98.
  2. Fontana Limited (FTNA) traded between -3.17% and -12.54% below yesterday’s closing price of $6.30 (from $5.51 to $6.10) . It closed at $5.87.
  3. Blue Power Group Ltd (BPOW) traded as low as -12.28% below yesterday’s closing price of $4.56 (between $4.00 and $4.56) . It closed at $4.41.
  4. Lasco Manufacturing Ltd (LASM) traded between -2.41% and -11.76% below yesterday’s closing price of $3.74 (from $3.30 to $3.65) . It closed at $3.44.
  5. Pulse Investments (PULS) traded between 1.16% and -10.79% below yesterday’s closing price of $11.21 (from $10.00 to $11.34) . It closed at $11.09.

52-Week High/Lows

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

  1. Cargo Handlers Ltd traded at its 52-week low of $7.00. (Today’s range: $7.00 – $7.98)
  2. First Rock Capital Holdings Ltd traded at its 52-week low of $0.08.
  3. Indies Pharma Jamaica Ltd traded at its 52-week low of $2.38. (Today’s range: $2.38 – $2.55)
  4. Lasco Financial Services Ltd traded at its 52-week low of $2.80. (Today’s range: $2.80 – $3.20)

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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