JSE Daily: JAMT Hits $9, But Closes Down -10% (Trades As Low As $6.03). MPCCEL Also Hits High – Sep 12, 2019

Stock market performance report for Thursday 12th of September 2019 below.

Jamaica Stock Exchange (JSE)

Summary

• JSE Combined Index – 25.1m shares / $148.8m traded. (32 Advanced / 30 Declined / 3 Firm) .
• There were 2 new 52-week highs and no 52-week lows today.

Market Performance

• Ordinary Shares – Main Market – 17,915,998 shares, 37 stocks traded, 14 not traded.
• Ordinary Shares – Junior Market – 6,224,745 shares, 25 stocks traded, 11 not traded.
• Preference Shares – Main Market – 1,008,715 shares, 3 stocks traded, 23 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

1. Pulse Investments (PULS) shares advanced 19.31% or +0.56 to close at $3.46 with 197,642 shares traded. (Today’s range: $3.20 – $3.60)
2. MPC Caribbean Clean Energy Ltd (MPCCEL) shares advanced 17.06% or +22.31 to close at $153.06 with 520 shares traded.
3. Lasco Distributors Ltd (LASD) shares advanced 10.09% or +0.32 to close at $3.49 with 1,154,277 shares traded. (Today’s range: $3.20 – $3.50)
4. Ciboney Group Ltd (CBNY) shares advanced 8.33% or +0.01 to close at $0.13 with 1,000 shares traded.
5. Lasco Manufacturing Ltd (LASM) shares advanced 7.63% or +0.39 to close at $5.50 with 1,855,600 shares traded. (Today’s range: $5.30 – $5.79)

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

1. IronRock Insurance Company Limited (ROC) traded as high as 17.31% above yesterday’s closing price of $3.35 (between $3.35 and $3.93) . It closed at $3.38.
2. Honey Bun (1982) Ltd (HONBUN) traded as high as 14.29% above yesterday’s closing price of $5.60 (between $5.60 and $6.40) . It closed at $5.71.
3. Jamaican Teas Ltd (JAMT) traded between -23.96% and 13.49% above yesterday’s closing price of $7.93 ( from $6.03 to $9.00) . It closed at $7.13.
4. General Accident Insurance Company Jamaica Ltd (GENAC) traded between -0.88% and 12.39% above yesterday’s closing price of $5.65 ( from $5.60 to $6.35) . It closed at $5.67.
5. Elite Diagnostics Ltd (ELITE) traded between -2.57% and 10.09% above yesterday’s closing price of $5.45 ( from $5.31 to $6.00) . It closed at $5.53.

Top 5 Value Traded

1. PanJam Investment limited (PJAM) shares valued at $18.9m were traded. The stock moved +0.03% or +0.03 to close at $100.86 with 188,107 units traded. (Today’s range: $100.00 – $101.40)
2. Jamaica Stock Exchange Ltd (JSE) shares valued at $15.2m were traded. The stock moved -3.88% or -1.00 to close at $24.76 with 584,070 units traded. (Today’s range: $24.01 – $28.00)
3. Sagicor Select Funds Ltd (SELECTF) shares valued at $13.7m were traded. The stock closed firm at $1.15 with 11,818,639 units traded. (Today’s range: $1.15 – $1.17)
4. NCB Financial Group Ltd (NCBFG) shares valued at $13.7m were traded. The stock moved -1.62% or -3.46 to close at $209.88 with 65,205 units traded. (Today’s range: $206.01 – $214.00)
5. Scotia Group Jamaica (SGJ) shares valued at $13.1m were traded. The stock moved -3.91% or -2.21 to close at $54.28 with 236,649 units traded. (Today’s range: $53.00 – $57.30)

Top 5 Volume Traded

1. Sagicor Select Funds Ltd (SELECTF) – 11.8m units traded. The shares closed firm at $1.15 (Today’s range: $1.15 – $1.17)
2. Wigton Windfarm Ltd (WIG) – 3.0m units traded. The shares moved -3.30% or -0.03 to close at $0.88 (Today’s range: $0.86 – $0.90)
3. Lasco Manufacturing Ltd (LASM) – 1.9m units traded. The shares moved +7.63% or +0.39 to close at $5.50 (Today’s range: $5.30 – $5.79)
4. Express Catering Ltd (ECL) – 1.2m units traded. The shares moved +0.15% or +0.01 to close at $6.50
5. Lasco Distributors Ltd (LASD) – 1.2m units traded. The shares moved +10.09% or +0.32 to close at $3.49 (Today’s range: $3.20 – $3.50)

Top 5 Declining Stocks (view all declining stocks here)

1. Jamaica Money Market Brokers Ltd 7.50% (JMMBGL7.50) declined -14.89% or -0.14 to close at $0.80 (trading between $0.80 and $0.80) with 1,000,000 shares traded
2. Consolidated Bakeries (Jamaica) Ltd (PURITY) declined -11.34% or -0.22 to close at $1.72 (trading between $1.71 and $1.72) with 85,000 shares traded
3. Jamaican Teas Ltd (JAMT) declined -10.09% or -0.80 to close at $7.13 (trading between $6.03 and $9.00) with 485,457 shares traded
4. Eppley Ltd (EPLY) declined -9.96% or -1.55 to close at $14.01 (trading between $14.00 and $14.02) with 5,403 shares traded
5. CAC 2000 Limited (CAC) declined -9.66% or -1.40 to close at $13.10 (trading between $13.10 and $13.10) with 120 shares traded

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

1. Sterling Investments Ltd (SIL) traded between -2.52% and -11.95% below yesterday’s closing price of $3.18 (from $2.80 to $3.10) . It closed at $2.92.
2. GWest Corporation Ltd (GWEST) traded between -1.60% and -8.00% below yesterday’s closing price of $1.25 (from $1.15 to $1.23) . It closed at $1.18.
3. Lasco Financial Services Ltd (LASF) traded between -4.39% and -7.44% below yesterday’s closing price of $5.24 (from $4.85 to $5.01) . It closed at $5.00.
4. iCreate Ltd (ICREATE) traded between -1.23% and -7.41% below yesterday’s closing price of $0.81 (from $0.75 to $0.80) . It closed at $0.78.
5. Jetcon Corporation Limited (JETCON) traded between -4.39% and -7.32% below yesterday’s closing price of $2.05 (from $1.90 to $1.96) . It closed at $1.91.

52-Week High/Lows

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

1. Jamaican Teas Ltd – $9.00. (Today’s range: $6.03 – $9.00)
2. MPC Caribbean Clean Energy Ltd – $153.06.

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