JSE Daily: GENAC Hits New High On News Of Acquisition – Sep 18, 2019

Stock market performance report for Wednesday 18th of September 2019 below.

Jamaica Stock Exchange (JSE)

Summary

• JSE Combined Index – 89.4m shares / $596.3m traded. (23 Advanced / 34 Declined / 7 Firm) .
• There were 1 new 52-week highs and no 52-week lows today.

Market Performance

• Ordinary Shares – Main Market – 36,535,276 shares, 36 stocks traded, 15 not traded.
• Ordinary Shares – Junior Market – 52,786,711 shares, 26 stocks traded, 10 not traded.
• Preference Shares – Main Market – 105,141 shares, 3 stocks traded, 23 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

1. Stationery & Office Supplies Ltd (SOS) shares advanced 6.28% or +0.70 to close at $11.84 with 58,500 shares traded. (Today’s range: $11.50 – $12.00)
2. Pulse Investments (PULS) shares advanced 6.19% or +0.21 to close at $3.60 with 8,000 shares traded.
3. Derrimon Trading Company Ltd (DTL) shares advanced 4.86% or +0.12 to close at $2.59 with 12,870 shares traded. (Today’s range: $2.55 – $2.59)
4. Caribbean Cream Ltd (KREMI) shares advanced 4.79% or +0.24 to close at $5.25 with 7,240 shares traded. (Today’s range: $5.25 – $5.26)
5. Jamaica Broilers Ltd (JBG) shares advanced 3.24% or +1.05 to close at $33.50 with 95,461 shares traded. (Today’s range: $32.50 – $34.00)

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

1. General Accident Insurance Company Jamaica Ltd (GENAC) traded between -1.73% and 13.21% above yesterday’s closing price of $6.36 ( from $6.25 to $7.20) . It closed at $6.38.
2. Ciboney Group Ltd (CBNY) traded as high as 8.33% above yesterday’s closing price of $0.12 (between $0.12 and $0.13) . It closed at $0.12.
3. Lasco Financial Services Ltd (LASF) traded between -0.86% and 7.76% above yesterday’s closing price of $4.64 ( from $4.60 to $5.00) . It closed at $4.63.
4. Lasco Distributors Ltd (LASD) traded between -0.60% and 5.42% above yesterday’s closing price of $3.32 ( from $3.30 to $3.50) . It closed at $3.40.
5. Mayberry Jamaican Equities Ltd (MJE) traded between -3.76% and 4.99% above yesterday’s closing price of $11.43 ( from $11.00 to $12.00) . It closed at $11.34.

Top 5 Value Traded

1. Caribbean Producers (Jamaica) (CPJ) shares valued at $245.7m were traded. The stock moved -0.21% or -0.01 to close at $4.79 with 51,245,360 units traded. (Today’s range: $4.79 – $4.80)
2. Supreme Ventures Ltd (SVL) shares valued at $186.2m were traded. The stock moved +1.37% or +0.37 to close at $27.37 with 6,777,393 units traded. (Today’s range: $26.95 – $28.00)
3. NCB Financial Group Ltd (NCBFG) shares valued at $53.6m were traded. The stock moved +0.70% or +1.48 to close at $211.52 with 253,978 units traded. (Today’s range: $209.00 – $213.00)
4. Sagicor Group Jamaica Ltd (SJ) shares valued at $28.5m were traded. The stock moved -0.28% or -0.20 to close at $70.97 with 402,329 units traded. (Today’s range: $70.00 – $71.50)
5. Wigton Windfarm Ltd (WIG) shares valued at $17.9m were traded. The stock closed firm at $0.80 with 22,060,935 units traded. (Today’s range: $0.80 – $0.82)

Top 5 Volume Traded

1. Caribbean Producers (Jamaica) (CPJ) – 51.2m units traded. The shares moved -0.21% or -0.01 to close at $4.79 (Today’s range: $4.79 – $4.80)
2. Wigton Windfarm Ltd (WIG) – 22.1m units traded. The shares closed firm at $0.80 (Today’s range: $0.80 – $0.82)
3. Supreme Ventures Ltd (SVL) – 6.8m units traded. The shares moved +1.37% or +0.37 to close at $27.37 (Today’s range: $26.95 – $28.00)
4. Sagicor Select Funds Ltd (SELECTF) – 3.6m units traded. The shares moved -1.69% or -0.02 to close at $1.16 (Today’s range: $1.15 – $1.18)
5. Ciboney Group Ltd (CBNY) – 1.0m units traded. The shares closed firm at $0.12 (Today’s range: $0.12 – $0.13)

Top 5 Declining Stocks (view all declining stocks here)

1. Main Event Entertainment Group Ltd (MEEG) declined -14.53% or -1.01 to close at $5.94 (trading between $5.57 and $6.00) with 2,886 shares traded
2. 1834 Investments Limited (1834) declined -13.68% or -0.16 to close at $1.01 (trading between $1.01 and $1.01) with 20,778 shares traded
3. K.L.E. Group Ltd (KLE) declined -10.50% or -0.21 to close at $1.79 (trading between $1.75 and $2.00) with 13,000 shares traded
4. AMG Packaging & Paper Company Ltd (AMG) declined -10.00% or -0.20 to close at $1.80 (trading between $1.80 and $1.80) with 471,175 shares traded
5. Express Catering Ltd (ECL) declined -7.54% or -0.49 to close at $6.01 (trading between $6.00 and $6.10) with 18,368 shares traded

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

1. Jamaica Money Market Brokers Group Ltd (JMMBGL) traded between 1.16% and -15.60% below yesterday’s closing price of $47.45 (from $40.05 to $48.00) . It closed at $43.92.
2. Sygnus Credit Investments Limited USD Ordinary Shares (SCIUSD) traded between -6.25% and -12.50% below yesterday’s closing price of $0.16 (from $0.14 to $0.15) . It closed at $0.15.
3. Radio Jamaica Ltd (RJR) traded as low as -10.00% below yesterday’s closing price of $2.00 (between $1.80 and $2.00) . It closed at $1.96.
4. Wisynco Group Ltd (WISYNCO) traded between 2.64% and -7.83% below yesterday’s closing price of $23.87 (from $22.00 to $24.50) . It closed at $22.93.
5. tTech Limited (TTECH) traded between -5.08% and -6.78% below yesterday’s closing price of $5.90 (from $5.50 to $5.60) . It closed at $5.51.

52-Week High/Lows

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

1. General Accident Insurance Company Jamaica Ltd – $7.20. (Today’s range: $6.25 – $7.20)

Insights/Trends

• View trending stocks online.

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