JSE Daily: LASD Lead Market Volumes (6.2m Shares Traded) – Mar 23, 2017

Stock market performance report for Thursday 23rd of March 2017 below.

Jamaica Stock Exchange (JSE)

Summary

• JSE Combined Index – 17.6m shares / $170.0m traded. (20 Advanced / 16 Declined / 8 Firm) .
• There were 2 new 52-week highs and no 52-week lows today.

Market Performance

• Ordinary Shares – Main Market – 4,360,459 shares, 23 stocks traded, 14 not traded.
• Ordinary Shares – Junior Market – 12,225,083 shares, 21 stocks traded, 8 not traded.
• Preference Shares – Junior Market – 14,665 shares, 1 stocks traded, 3 not traded.
• Preference Shares – Main Market – 1,048,808 shares, 21 stocks traded, 11 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

1. 1834 Investments Limited (1834) shares advanced 12.68% or +0.18 to close at J$1.60 with 500 shares traded.
2. Portland JSX Limited (PJX) shares advanced 9.90% or +0.99 to close at J$10.99 with 850 shares traded.
3. Jetcon Corporation Limited (JETCON) shares advanced 8.70% or +0.96 to close at J$12.00 with 18,629 shares traded.
4. K.L.E. Group Ltd (KLE) shares advanced 7.14% or +0.20 to close at J$3.00 with 6,000 shares traded.
5. Berger Paints Ltd (BRG) shares advanced 6.14% or +0.75 to close at J$12.96 with 90,275 shares traded. (Today’s range: J$12.00 – J$13.00)

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

1. Supreme Ventures Ltd (SVL) traded between 3.81% and 8.82% above yesterday’s closing price of J$5.78 ( from J$6.00 to J$6.29) . It closed at J$6.08.
2. Lasco Manufacturing Ltd (LASM) traded at 6.05% above yesterday’s closing price of J$4.79. It closed at J$5.08.
3. Kingston Wharves Ltd (KW) traded between 4.56% and 5.59% above yesterday’s closing price of J$29.36 ( from J$30.70 to J$31.00) . It closed at J$30.96.
4. Derrimon Trading Company Ltd (DTL) traded at 4.65% above yesterday’s closing price of J$8.60. It closed at J$9.00.
5. Lasco Distributors Ltd (LASD) traded between -7.14% and 4.29% above yesterday’s closing price of J$7.00 ( from J$6.50 to J$7.30) . It closed at J$6.90.

Top 5 Value Traded

1. PanJam Investment limited (PJAM) shares valued at J$57.5m were traded. The stock moved -2.74% or -0.96 to close at J$34.07 with 1,665,400 units traded. (Today’s range: J$34.06 – J$35.00)
2. Lasco Distributors Ltd (LASD) shares valued at J$42.8m were traded. The stock moved -1.43% or -0.10 to close at J$6.90 with 6,209,536 units traded. (Today’s range: J$6.50 – J$7.30)
3. Lasco Manufacturing Ltd (LASM) shares valued at J$28.9m were traded. The stock moved +6.05% or +0.29 to close at J$5.08 with 5,697,203 units traded.
4. Sagicor Group Jamaica Ltd (SJ) shares valued at J$9.10m were traded. The stock moved +0.03% or +0.01 to close at J$33.50 with 298,726 units traded. (Today’s range: J$33.45 – J$33.50)
5. Supreme Ventures Ltd (SVL) shares valued at J$9.3m were traded. The stock moved +5.19% or +0.30 to close at J$6.08 with 1,516,503 units traded. (Today’s range: J$6.00 – J$6.29)

Top 5 Volume Traded

1. Lasco Distributors Ltd (LASD) – 6.2m units traded. The shares moved -1.43% or -0.10 to close at J$6.90 (Today’s range: J$6.50 – J$7.30)
2. Lasco Manufacturing Ltd (LASM) – 5.7m units traded. The shares moved +6.05% or +0.29 to close at J$5.08
3. PanJam Investment limited (PJAM) – 1.7m units traded. The shares moved -2.74% or -0.96 to close at J$34.07 (Today’s range: J$34.06 – J$35.00)
4. Supreme Ventures Ltd (SVL) – 1.5m units traded. The shares moved +5.19% or +0.30 to close at J$6.08 (Today’s range: J$6.00 – J$6.29)
5. Jamaica Money Market Brokers Ltd 7.50% (JMMBGL7.50) – 1.0m units traded. The shares moved 0% or 0.00 to close at J$1.10

Top 5 Declining Stocks (view all declining stocks here)

1. Lasco Financial Services Ltd (LASF) declined -11.84% or -0.49 to close at J$3.65 (trading between J$3.50 and J$3.90) with 9,462 shares traded
2. Dolphin Cove Ltd (DCOVE) declined -5.26% or -1.00 to close at J$18.00 (trading between J$18.00 and J$18.00) with 57,240 shares traded
3. IronRock Insurance Company Limited (ROC) declined -4.62% or -0.15 to close at J$3.10 (trading between J$3.10 and J$3.10) with 15,581 shares traded
4. Blue Power Group Ltd (BPOW) declined -3.76% or -1.43 to close at J$36.57 (trading between J$36.50 and J$36.60) with 500 shares traded
5. Jamaican Teas Ltd (JAMT) declined -3.53% or -0.30 to close at J$8.20 (trading between J$8.00 and J$8.70) with 125,563 shares traded

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

1. Honey Bun (1982) Ltd (HONBUN) traded as low as -11.43% below yesterday’s closing price of J$7.00 (between J$6.20 and J$7.00) . It closed at J$6.78.
2. Proven Investments Ltd (Proven) traded as low as -10.00% below yesterday’s closing price of US$0.3000 (between US$0.2700 and US$0.3000) . It closed at US$0.2900.
3. Lasco Distributors Ltd (LASD) traded between 4.29% and -7.14% below yesterday’s closing price of J$7.00 (from J$6.50 to J$7.30) . It closed at J$6.90.
4. Jamaica Money Market Brokers Group Ltd (JMMBGL) traded between 1.75% and -6.06% below yesterday’s closing price of J$17.67 (from J$16.60 to J$17.98) . It closed at J$17.12.
5. GraceKennedy Ltd (GK) traded between 4.04% and -2.81% below yesterday’s closing price of J$42.29 (from J$41.10 to J$44.00) . It closed at J$42.08.

52-Week High/Lows

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

1. Palace Amusement Co. Ltd – J$200.00.
2. Derrimon Trading Company Ltd – J$9.00.

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