JSE Daily: ISP Jumps. GK Volumes Up (On Stock Split News?) – Jun 07, 2016

Stock market performance report for Tuesday 7th of June 2016 below.

Jamaica Stock Exchange (JSE)

Summary

• JSE Combined Index – 22.5m shares / $113.3m traded. (17 Advanced / 14 Declined / 4 Firm) .
• There were 2 new 52-week highs and no 52-week lows today.

Market Performance

• Ordinary Shares – Main Market – 14,796,109 shares, 25 stocks traded, 21 not traded.
• Ordinary Shares – Junior Market – 7,792,077 shares, 10 stocks traded, 10 not traded.
• Preference Shares – Junior Market – 0 shares, 0 stocks traded, 3 not traded.
• Preference Shares – Main Market – 0 shares, 25 stocks traded, 12 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

1. (ISP) shares advanced 15.00% or +0.45 to close at J$3.45 with 10,000 shares traded.
2. Honey Bun (1982) Ltd (HONBUN) shares advanced 12.07% or +0.74 to close at J$6.87 with 312,784 shares traded. (Today’s range: J$6.60 – J$7.00)
3. C2W Music Ltd (MUSIC) shares advanced 11.11% or +0.04 to close at J$0.40 with 1,000 shares traded.
4. GraceKennedy Ltd (GK) shares advanced 7.29% or +8.02 to close at J$118.09 with 247,831 shares traded. (Today’s range: J$110.00 – J$120.50)
5. Berger Paints Ltd (BRG) shares advanced 6.67% or +0.30 to close at J$4.80 with 1,734 shares traded.

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

1. (JETCON) traded between -2.48% and 6.38% above yesterday’s closing price of J$2.82 ( from J$2.75 to J$3.00) . It closed at J$2.76.
2. (1834) traded between -2.44% and 5.69% above yesterday’s closing price of J$1.23 ( from J$1.20 to J$1.30) . It closed at J$1.23.
3. Jamaica Broilers Ltd (JBG) traded between 1.74% and 5.38% above yesterday’s closing price of J$13.76 ( from J$14.00 to J$14.50) . It closed at J$14.00.
4. Lasco Manufacturing Ltd (LASM) traded between 0.43% and 4.48% above yesterday’s closing price of J$4.69 ( from J$4.71 to J$4.90) . It closed at J$4.71.
5. Lasco Distributors Ltd (LASD) traded between -0.91% and 4.30% above yesterday’s closing price of J$7.67 ( from J$7.60 to J$8.00) . It closed at J$7.61.

Top 5 Value Traded

1. GraceKennedy Ltd (GK) shares valued at J$28.6m were traded. The stock moved +7.29% or +8.02 to close at J$118.09 with 247,831 units traded. (Today’s range: J$110.00 – J$120.50)
2. Lasco Manufacturing Ltd (LASM) shares valued at J$24.3m were traded. The stock moved +0.43% or +0.02 to close at J$4.71 with 5,063,868 units traded. (Today’s range: J$4.71 – J$4.90)
3. Radio Jamaica Ltd (RJR) shares valued at J$13.3m were traded. The stock moved +3.43% or +0.07 to close at J$2.11 with 6,485,157 units traded. (Today’s range: J$2.00 – J$2.11)
4. Jamaica Producers Group Ltd (JP) shares valued at J$9.10m were traded. The stock moved +0.05% or +0.02 to close at J$44.02 with 223,976 units traded. (Today’s range: J$44.00 – J$45.00)
5. (1834) shares valued at J$8.6m were traded. The stock moved 0.00% or 0.00 to close at J$1.23 with 6,840,665 units traded. (Today’s range: J$1.20 – J$1.30)

Top 5 Volume Traded

1. (1834) – 6.8m units traded. The shares moved 0% or 0.00 to close at J$1.23 (Today’s range: J$1.20 – J$1.30)
2. Radio Jamaica Ltd (RJR) – 6.5m units traded. The shares moved +3.43% or +0.07 to close at J$2.11 (Today’s range: J$2.00 – J$2.11)
3. Lasco Manufacturing Ltd (LASM) – 5.1m units traded. The shares moved +0.43% or +0.02 to close at J$4.71 (Today’s range: J$4.71 – J$4.90)
4. Lasco Financial Services Ltd (LASF) – 1.1m units traded. The shares moved -3.08% or -0.10 to close at J$3.15 (Today’s range: J$3.15 – J$3.20)
5. Consolidated Bakeries (Jamaica) Ltd (PURITY) – 559.4k units traded. The shares moved -1.96% or -0.04 to close at J$2.00 (Today’s range: J$2.00 – J$2.02)

Top 5 Declining Stocks (view all declining stocks here)

1. Proven Investments Ltd (Proven) declined -10.00% or -0.0200 to close at US$0.1800 (trading between US$0.1700 and US$0.1900) with 54,081 shares traded
2. Scotia Group Jamaica (SGJ) declined -5.79% or -1.91 to close at J$31.06 (trading between J$31.00 and J$32.45) with 13,594 shares traded
3. Lasco Financial Services Ltd (LASF) declined -3.08% or -0.10 to close at J$3.15 (trading between J$3.15 and J$3.20) with 1,108,325 shares traded
4. (TTECH) declined -3.02% or -0.13 to close at J$4.17 (trading between J$4.12 and J$4.25) with 10,500 shares traded
5. Caribbean Cream Ltd (KREMI) declined -3.01% or -0.14 to close at J$4.51 (trading between J$4.50 and J$4.69) with 103,235 shares traded

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

1. Cable & Wireless Jamaica (CWJ) traded as low as -4.83% below yesterday’s closing price of J$1.45 (between J$1.38 and J$1.45) . It closed at J$1.42.
2. Caribbean Cement Company Ltd (CCC) traded between -1.07% and -3.96% below yesterday’s closing price of J$24.26 (from J$23.30 to J$24.00) . It closed at J$23.65.
3. (JETCON) traded between 6.38% and -2.48% below yesterday’s closing price of J$2.82 (from J$2.75 to J$3.00) . It closed at J$2.76.
4. (1834) traded between 5.69% and -2.44% below yesterday’s closing price of J$1.23 (from J$1.20 to J$1.30) . It closed at J$1.23.
5. National Commercial Bank of Jamaica Ltd (NCBJ) traded as low as -2.33% below yesterday’s closing price of J$43.00 (between J$42.00 and J$43.00) . It closed at J$42.67.

52-Week High/Lows

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

1. GraceKennedy Ltd – J$120.50. (Today’s range: J$110.00 – J$120.50)
2. Jamaica Producers Group Ltd – J$45.00. (Today’s range: J$44.00 – J$45.00)

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