JSE Daily: JETCON Fell 44% Last Year To $1.69. Now, It’s Down Another -8.54% To $1.50 – Jan 16, 2020

Stock market performance report for Thursday 16th of January 2020 below.

Jamaica Stock Exchange (JSE)

Summary

• We still have an eye on VMIL as it continues to advance. Up for it 8th day
• JSE Combined Index – 31.8m shares / $112.4m traded. (31 Advanced / 30 Declined / 20 Firm) .
• There were 1 new 52-week highs and no 52-week lows today.

Market Performance

• Ordinary Shares – Main Market – 29,886,267 shares, 43 stocks traded, 9 not traded.
• Ordinary Shares – Junior Market – 1,851,681 shares, 32 stocks traded, 7 not traded.
• Preference Shares – Main Market – 312,748 shares, 26 stocks traded, 20 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

1. Ciboney Group Ltd (CBNY) shares advanced 9.09% or +0.01 to close at $0.12 with 66,760 shares traded.
2. Productive Business Solutions Ltd (PBS) shares advanced 7.14% or +0.0500 to close at $0.7500 with 123 shares traded.
3. Sygnus Credit Investments Limited USD Ordinary Shares (SCIUSD) shares advanced 6.67% or +0.01 to close at $0.16 with 56,225 shares traded.
4. Radio Jamaica Ltd (RJR) shares advanced 5.03% or +0.09 to close at $1.88 with 5,925 shares traded. (Today’s range: $1.80 – $1.90)
5. Victoria Mutual Investments Ltd (VMIL) shares advanced 4.36% or +0.44 to close at $10.53 with 297,116 shares traded. (Today’s range: $10.00 – $10.98)

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

1. FosRich Company Ltd (FOSRICH) traded between -4.15% and 9.02% above yesterday’s closing price of $4.10 ( from $3.93 to $4.47) . It closed at $4.10.
2. General Accident Insurance Company Jamaica Ltd (GENAC) traded as high as 8.87% above yesterday’s closing price of $6.20 (between $6.20 and $6.75) . It closed at $6.35.
3. GraceKennedy Ltd (GK) traded as high as 8.53% above yesterday’s closing price of $72.60 (between $72.60 and $78.79) . It closed at $74.57.
4. Everything Fresh Ltd (EFRESH) traded between 2.94% and 7.84% above yesterday’s closing price of $1.02 ( from $1.05 to $1.10) . It closed at $1.05.
5. Wisynco Group Ltd (WISYNCO) traded between -0.54% and 6.24% above yesterday’s closing price of $22.12 ( from $22.00 to $23.50) . It closed at $22.26.

Top 5 Value Traded

1. Wigton Windfarm Ltd (WIG) shares valued at $17.1m were traded. The stock moved +1.04% or +0.01 to close at $0.97 with 17,579,482 units traded. (Today’s range: $0.96 – $0.98)
2. NCB Financial Group Ltd (NCBFG) shares valued at $14.6m were traded. The stock moved +3.00% or +5.65 to close at $194.25 with 74,576 units traded. (Today’s range: $192.50 – $198.00)
3. PanJam Investment limited (PJAM) shares valued at $10.5m were traded. The stock moved +0.08% or +0.08 to close at $100.58 with 103,735 units traded. (Today’s range: $100.55 – $102.00)
4. Jamaica Money Market Brokers Group Ltd (JMMBGL) shares valued at $9.3m were traded. The stock moved +0.11% or +0.05 to close at $47.06 with 196,144 units traded. (Today’s range: $45.92 – $48.50)
5. GraceKennedy Ltd (GK) shares valued at $8.5m were traded. The stock moved +2.71% or +1.97 to close at $74.57 with 112,533 units traded. (Today’s range: $72.60 – $78.79)

Top 5 Volume Traded

1. Wigton Windfarm Ltd (WIG) – 17.6m units traded. The shares moved +1.04% or +0.01 to close at $0.97 (Today’s range: $0.96 – $0.98)
2. Sagicor Select Funds Ltd – Financial (SELECTF) – 6.3m units traded. The shares closed firm at $1.10 (Today’s range: $1.10 – $1.11)
3. Lumber Depot Ltd (LUMBER) – 1.5m units traded. The shares moved +0.63% or +0.01 to close at $1.61 (Today’s range: $1.56 – $1.65)
4. QWI Investments Ltd (QWI) – 1.1m units traded. The shares closed firm at $1.01 (Today’s range: $1.00 – $1.03)
5. Sagicor Select Funds Ltd – Man. & Dist. (SELECTMD) – 618.9k units traded. The shares closed firm at $0.97 (Today’s range: $0.97 – $0.98)

Top 5 Declining Stocks (view all declining stocks here)

1. Jetcon Corporation Limited (JETCON) declined -8.54% or -0.14 to close at $1.50 (trading between $1.40 and $1.65) with 91,678 shares traded
2. Dolphin Cove Ltd (DCOVE) declined -8.09% or -0.95 to close at $10.80 (trading between $10.80 and $10.80) with 100 shares traded
3. Consolidated Bakeries (Jamaica) Ltd (PURITY) declined -8.00% or -0.14 to close at $1.61 (trading between $1.60 and $1.67) with 4,500 shares traded
4. Caribbean Cream Ltd (KREMI) declined -6.74% or -0.29 to close at $4.01 (trading between $4.01 and $4.01) with 450 shares traded
5. Sagicor X Fund (XFUND) declined -5.58% or -0.55 to close at $9.30 (trading between $9.00 and $9.89) with 17,107 shares traded

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

1. Supreme Ventures Ltd (SVL) traded between 1.67% and -18.26% below yesterday’s closing price of $25.08 (from $20.50 to $25.50) . It closed at $24.17.
2. GWest Corporation Ltd (GWEST) traded as low as -9.09% below yesterday’s closing price of $1.10 (between $1.00 and $1.10) . It closed at $1.06.
3. Jamaican Teas Ltd (JAMT) traded between -2.76% and -8.83% below yesterday’s closing price of $7.25 (from $6.61 to $7.05) . It closed at $6.87.
4. The Limners and Bards Limited (LAB) traded between -1.36% and -6.46% below yesterday’s closing price of $2.94 (from $2.75 to $2.90) . It closed at $2.84.
5. Lasco Financial Services Ltd (LASF) traded as low as -5.75% below yesterday’s closing price of $4.35 (between $4.10 and $4.35) . It closed at $4.12.

52-Week High/Lows

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

1. Productive Business Solutions Ltd – $0.7500.

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