JSE Daily: Market Closes Down As Stocks React To Quarterly Results (36 Down, 26 Up) – Aug 16, 2019

August 16, 2019

Stock market performance report for Friday 16th of August 2019 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 235.4m shares / $1.7b traded. (26 Advanced / 36 Declined / 11 Firm) .
  • There was 1 new 52-week high and 1 52-week low today.

Market Performance

  • Ordinary Shares – Main Market – 193,894,776 shares, 39 stocks traded, 11 not traded.
  • Ordinary Shares – Junior Market – 41,438,583 shares, 30 stocks traded, 6 not traded.
  • Preference Shares – Main Market – 693,972 shares, 38 stocks traded, 22 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Main Event Entertainment Group Ltd (MEEG) shares advanced 15.32% or +0.93 to close at J$7.00 with 28,570 shares traded. (Today’s range: J$6.99 – J$7.00)
  2. IronRock Insurance Company Limited (ROC) shares advanced 9.76% or +0.40 to close at J$4.50 with 5,000,300 shares traded. (Today’s range: J$4.20 – J$4.50)
  3. Sygnus Credit Investments Limited USD Ordinary Shares (SCIUSD) shares advanced 8.33% or +0.01 to close at J$0.13 with 656,350 shares traded.
  4. Blue Power Group Ltd (BPOW) shares advanced 7.32% or +0.65 to close at J$9.53 with 52,410 shares traded. (Today’s range: J$8.85 – J$10.00)
  5. Wigton Windfarm Ltd (WIG) shares advanced 4.21% or +0.04 to close at J$0.99 with 107,652,125 shares traded. (Today’s range: J$0.94 – J$1.01)

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

  1. Ciboney Group Ltd (CBNY) traded as high as 16.67% above yesterday’s closing price of J$0.12 (between J$0.12 and J$0.14) . It closed at J$0.12.
  2. General Accident Insurance Company Jamaica Ltd (GENAC) traded as high as 14.56% above yesterday’s closing price of J$5.15 (between J$5.15 and J$5.90) . It closed at J$5.17.
  3. Stanley Motta Ltd (SML) traded as high as 11.82% above yesterday’s closing price of J$5.50 (between J$5.50 and J$6.15) . It closed at J$5.60.
  4. Mayberry Investments Ltd (MIL) traded between -2.97% and 9.58% above yesterday’s closing price of J$9.08 ( from J$8.81 to J$9.95) . It closed at J$8.89.
  5. Jetcon Corporation Limited (JETCON) traded between -18.03% and 9.29% above yesterday’s closing price of J$1.83 ( from J$1.50 to J$2.00) . It closed at J$1.90.

Top 5 Value Traded

  1. Caribbean Cement Company Ltd (CCC) shares valued at J$563.2m were traded. The stock moved -0.88% or -0.69 to close at J$77.35 with 7,299,853 units traded. (Today’s range: J$76.81 – J$77.50)
  2. Wisynco Group Ltd (WISYNCO) shares valued at J$202.8m were traded. The stock moved -1.37% or -0.33 to close at J$23.84 with 8,210,330 units traded. (Today’s range: J$23.50 – J$25.90)
  3. Carreras Ltd (CAR) shares valued at J$177.8m were traded. The stock moved -0.13% or -0.01 to close at J$7.91 with 22,155,397 units traded. (Today’s range: J$7.90 – J$8.15)
  4. Wigton Windfarm Ltd (WIG) shares valued at J$105.0m were traded. The stock moved +4.21% or +0.04 to close at J$0.99 with 107,652,125 units traded. (Today’s range: J$0.94 – J$1.01)
  5. Jamaica Broilers Ltd (JBG) shares valued at J$87.5m were traded. The stock moved -3.32% or -1.14 to close at J$33.22 with 2,564,812 units traded. (Today’s range: J$33.20 – J$35.00)

Top 5 Volume Traded

  1. Wigton Windfarm Ltd (WIG) – 107.7m units traded. The shares moved +4.21% or +0.04 to close at J$0.99 (Today’s range: J$0.94 – J$1.01)
  2. Sagicor Select Funds Ltd (SELECTF) – 31.2m units traded. The shares moved +0.60% or +0.01 to close at J$1.67 (Today’s range: J$1.60 – J$1.73)
  3. Carreras Ltd (CAR) – 22.2m units traded. The shares moved -0.13% or -0.01 to close at J$7.91 (Today’s range: J$7.90 – J$8.15)
  4. Derrimon Trading Company Ltd (DTL) – 9.6m units traded. The shares moved +1.37% or +0.04 to close at J$2.95 (Today’s range: J$2.93 – J$2.96)
  5. Lasco Manufacturing Ltd (LASM) – 9.3m units traded. The shares moved +1.46% or +0.08 to close at J$5.55 (Today’s range: J$5.50 – J$5.93)

Top 5 Declining Stocks (view all declining stocks here)

  1. Palace Amusement Co. Ltd (PAL) declined -16.00% or -400.00 to close at J$2,100.00 (trading between J$2,100.00 and J$2,100.00) with 129 shares traded
  2. Consolidated Bakeries (Jamaica) Ltd (PURITY) declined -14.03% or -0.31 to close at J$1.90 (trading between J$1.90 and J$1.90) with 5,000 shares traded
  3. Pulse Investments (PULS) declined -13.89% or -0.50 to close at J$3.10 (trading between J$3.00 and J$3.50) with 57,056 shares traded
  4. Indies Pharma Jamaica Ltd (INDIES) declined -13.04% or -0.51 to close at J$3.40 (trading between J$3.40 and J$3.99) with 5,827,287 shares traded
  5. iCreate Ltd (ICREATE) declined -6.98% or -0.06 to close at J$0.80 (trading between J$0.80 and J$0.80) with 50,000 shares traded

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

  1. Jetcon Corporation Limited (JETCON) traded between 9.29% and -18.03% below yesterday’s closing price of J$1.83 (from J$1.50 to J$2.00) . It closed at J$1.90.
  2. Sagicor Group Jamaica Ltd (SJ) traded between 3.23% and -14.43% below yesterday’s closing price of J$73.62 (from J$63.00 to J$76.00) . It closed at J$73.25.
  3. Lasco Financial Services Ltd (LASF) traded as low as -13.82% below yesterday’s closing price of J$5.50 (between J$4.74 and J$5.50) . It closed at J$5.42.
  4. Jamaican Teas Ltd (JAMT) traded between 4.17% and -13.19% below yesterday’s closing price of J$5.76 (from J$5.00 to J$6.00) . It closed at J$5.44.
  5. tTech Limited (TTECH) traded between 6.26% and -12.78% below yesterday’s closing price of J$7.51 (from J$6.55 to J$7.98) . It closed at J$7.13.

52-Week High/Lows

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

  1. Stanley Motta Ltd – J$6.15. (Today’s range: J$5.50 – J$6.15)

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

  1. Jetcon Corporation Limited traded at its 52-week low of J$1.50. (Today’s range: J$1.50 – J$2.00)

Insights/Trends

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

  1. Jamaica Stock Exchange Ltd – consecutive price increases for the last 5 days.
  2. Wigton Windfarm Ltd – consecutive price increases for the last 4 days.
  3. Stanley Motta Ltd – consecutive price increases for the last 4 days.

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

  1. Jamaica Broilers Ltd – consecutive price decreases for the last 6 days.
  2. Lasco Financial Services Ltd – consecutive price decreases for the last 5 days.
  3. Seprod Ltd – consecutive price decreases for the last 4 days.
  4. iCreate Ltd – consecutive price decreases for the last 4 days.

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

 

This entry was posted in Daily Market Update. Bookmark the permalink.

2 Responses to JSE Daily: Market Closes Down As Stocks React To Quarterly Results (36 Down, 26 Up) – Aug 16, 2019