JSE Daily: GK Headed For Its 3rd Week Of Gains. ELITE Continues To Slide – Jan 06, 2020

January 6, 2020

Stock market performance report for Monday 6th of January 2020 below.

Jamaica Stock Exchange (JSE)

Summary

  • GK Headed For Its 3rd Week Of Gains. ELITE Continues To Slide
  • JSE Combined Index – 16.8m shares / $69.0m traded. (28 Advanced / 41 Declined / 8 Firm) .
  • There was 1 new 52-week high and 1 52-week low today.

Market Performance

  • Ordinary Shares – Main Market – 12,241,419 shares, 43 stocks traded, 9 not traded.
  • Ordinary Shares – Junior Market – 4,540,150 shares, 32 stocks traded, 7 not traded.
  • Preference Shares – Main Market – 2,749 shares, 28 stocks traded, 24 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Portland JSX Limited (PJX) shares advanced 25.00% or +1.80 to close at $9.00 with 9,000 shares traded.
  2. Jamaica Money Market Brokers Ltd 7.50% (JMMBGL7.50) shares advanced 8.00% or +0.06 to close at $0.81 with 1,450 shares traded.
  3. GWest Corporation Ltd (GWEST) shares advanced 6.60% or +0.07 to close at $1.13 with 77,692 shares traded. (Today’s range: $0.97 – $1.20)
  4. Berger Paints Ltd (BRG) shares advanced 6.32% or +1.07 to close at $18.00 with 506 shares traded. (Today’s range: $17.90 – $18.00)
  5. Blue Power Group Ltd (BPOW) shares advanced 6.06% or +0.28 to close at $4.90 with 7,144 shares traded. (Today’s range: $4.78 – $5.55)

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

  1. Sygnus Credit Investments Limited USD Ordinary Shares (SCIUSD) traded as high as 13.33% above yesterday’s closing price of $0.15 (between $0.15 and $0.17) . It closed at $0.15.
  2. Lasco Financial Services Ltd (LASF) traded as high as 9.76% above yesterday’s closing price of $4.10 (between $4.10 and $4.50) . It closed at $4.11.
  3. Sagicor X Fund (XFUND) traded between -4.46% and 8.70% above yesterday’s closing price of $9.42 ( from $9.00 to $10.24) . It closed at $9.49.
  4. Radio Jamaica Ltd (RJR) traded between -0.55% and 4.40% above yesterday’s closing price of $1.82 ( from $1.81 to $1.90) . It closed at $1.88.
  5. iCreate Ltd (ICREATE) traded as high as 4.23% above yesterday’s closing price of $0.71 (between $0.71 and $0.74) . It closed at $0.71.

Top 5 Value Traded

  1. Jamaican Teas Ltd (JAMT) shares valued at $12.2m were traded. The stock moved -7.10% or -0.46 to close at $6.02 with 1,933,136 units traded. (Today’s range: $6.00 – $6.58)
  2. Sagicor X Fund (XFUND) shares valued at $6.2m were traded. The stock moved +0.74% or +0.07 to close at $9.49 with 639,759 units traded. (Today’s range: $9.00 – $10.24)
  3. Fontana Limited (FTNA) shares valued at $4.2m were traded. The stock moved -0.28% or -0.02 to close at $7.01 with 595,288 units traded. (Today’s range: $7.00 – $7.10)
  4. NCB Financial Group Ltd (NCBFG) shares valued at $4.0m were traded. The stock moved +0.54% or +1.07 to close at $199.24 with 20,234 units traded. (Today’s range: $197.00 – $200.00)
  5. Sagicor Select Funds Ltd – Financial (SELECTF) shares valued at $3.9m were traded. The stock closed firm at $1.12 with 3,457,423 units traded. (Today’s range: $1.12 – $1.13)

Top 5 Volume Traded

  1. Sagicor Select Funds Ltd – Financial (SELECTF) – 3.5m units traded. The shares closed firm at $1.12 (Today’s range: $1.12 – $1.13)
  2. Wigton Windfarm Ltd (WIG) – 2.5m units traded. The shares moved -1.02% or -0.01 to close at $0.97 (Today’s range: $0.96 – $0.99)
  3. Lumber Depot Ltd (LUMBER) – 2.3m units traded. The shares moved +0.65% or +0.01 to close at $1.54 (Today’s range: $1.50 – $1.55)
  4. Jamaican Teas Ltd (JAMT) – 1.9m units traded. The shares moved -7.10% or -0.46 to close at $6.02 (Today’s range: $6.00 – $6.58)
  5. QWI Investments Ltd (QWI) – 993.4k units traded. The shares moved -0.94% or -0.01 to close at $1.05 (Today’s range: $1.02 – $1.09)

Top 5 Declining Stocks (view all declining stocks here)

  1. Jetcon Corporation Limited (JETCON) declined -14.04% or -0.25 to close at $1.53 (trading between $1.50 and $1.70) with 207,813 shares traded
  2. Paramount Trading (Jamaica) Ltd (PTL) declined -12.86% or -0.27 to close at $1.83 (trading between $1.83 and $1.83) with 834 shares traded
  3. Caribbean Cream Ltd (KREMI) declined -12.12% or -0.52 to close at $3.77 (trading between $3.75 and $4.30) with 84,810 shares traded
  4. SSL Venture Capital Jamaica Ltd (SSLVC) declined -10.83% or -0.13 to close at $1.07 (trading between $1.00 and $1.16) with 185,114 shares traded
  5. Lasco Manufacturing Ltd (LASM) declined -9.23% or -0.43 to close at $4.23 (trading between $4.00 and $4.70) with 146,880 shares traded

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

  1. Everything Fresh Ltd (EFRESH) traded between 1.69% and -11.86% below yesterday’s closing price of $1.18 (from $1.04 to $1.20) . It closed at $1.10.
  2. Eppley Ltd (EPLY) traded as low as -10.00% below yesterday’s closing price of $15.00 (between $13.50 and $15.00) . It closed at $13.69.
  3. Key Insurance Company Limited (KEY) traded between 3.12% and -9.38% below yesterday’s closing price of $3.20 (from $2.90 to $3.30) . It closed at $3.23.
  4. Lasco Distributors Ltd (LASD) traded as low as -9.09% below yesterday’s closing price of $3.30 (between $3.00 and $3.30) . It closed at $3.03.
  5. Mayberry Investments Ltd (MIL) traded as low as -8.78% below yesterday’s closing price of $9.00 (between $8.21 and $9.00) . It closed at $8.23.

52-Week High/Lows

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

  1. Sygnus Credit Investments Limited USD Ordinary Shares – $0.17. (Today’s range: $0.15 – $0.17)

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

  1. SSL Venture Capital Jamaica Ltd traded at its 52-week low of $1.00. (Today’s range: $1.00 – $1.16)

Insights/Trends

Up-trending Stock Prices. Prices Increasing 4 Or More Consecutive Days

  1. Just to higlight a few. More on the site
  2. Kingston Properties Ltd – consecutive price increases for the last 3 weeks.
  3. Knutsford Express Services Ltd – consecutive price increases for the last 3 weeks.
  4. GraceKennedy Ltd – consecutive price increases for the last 3 weeks.

Down-trending Stock Prices. Prices Decreasing 4 Or More Consecutive Days

  1. Lumber Depot Ltd – broke its 10 days price decline.
  2. Elite Diagnostics Ltd – consecutive price decreases for the last 5 weeks.
  3. Jamaica Broilers Ltd – consecutive price decreases for the last 3 weeks.

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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