JSE Daily: Market Ends Week On Losing Note. Financial Stocks Down – Apr 01, 2016

Stock market performance report for Friday 1st of April 2016 below.

Jamaica Stock Exchange (JSE)

Summary

• JSE Combined Index – 2.0m shares / $25.4m traded. (14 Advanced / 22 Declined / 5 Firm) .
• Analyst Rating Updates: As at Thursday 24th of March 2016 we have updated our analyst ratings on stocks as follows. SALF, JAMT, PROVEN, downgraded. 33 companies were rated as BUYS, 11 as SELL and 17 as HOLD. You can view analyst ratings here
• There was 1 new 52-week high.

Market Performance

• Ordinary Shares – Main Market – 2,236,095 shares, 28 stocks traded, 17 not traded.
• Ordinary Shares – Junior Market – 592,084 shares, 13 stocks traded, 7 not traded.
• Preference Shares – Junior Market – 0 shares, 0 stocks traded, 3 not traded.
• Preference Shares – Main Market – 0 shares, 28 stocks traded, 12 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

1. Margaritaville (Turks) Ltd (MTL) shares advanced 15.38% or +0.0200 to close at US$0.1500 with 298,149 shares traded. (Today’s range: US$0.1500 – US$0.1600)
2. (KEY) shares advanced 14.54% or +0.33 to close at J$2.60 with 40,000 shares traded.
3. Lasco Financial Services Ltd (LASF) shares advanced 10.70% or +0.29 to close at J$3.00 with 7,077 shares traded.
4. Mayberry Investments Ltd (MIL) shares advanced 10.29% or +0.42 to close at J$4.50 with 5,000 shares traded.
5. Consolidated Bakeries (Jamaica) Ltd (PURITY) shares advanced 6.96% or +0.08 to close at J$1.23 with 29,073 shares traded.

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

1. Seprod Ltd (SEP) traded as high as 18.75% above yesterday’s closing price of J$16.00 (between J$16.00 and J$19.00) . It closed at J$16.50.
2. Caribbean Cream Ltd (KREMI) traded between 1.16% and 10.47% above yesterday’s closing price of J$4.30 ( from J$4.35 to J$4.75) . It closed at J$4.52.
3. Caribbean Producers Jamaica (CPJ) traded at 5.15% above yesterday’s closing price of J$4.47. It closed at J$4.70.
4. Sagicor X Fund (XFUND) traded as high as 4.55% above yesterday’s closing price of J$11.00 (between J$11.00 and J$11.50) . It closed at J$11.43.
5. Jamaica Broilers Ltd (JBG) traded between -0.07% and 3.57% above yesterday’s closing price of J$14.29 ( from J$14.28 to J$14.80) . It closed at J$14.47.

Top 5 Value Traded

1. Scotia Group Jamaica (SGJ) shares valued at J$11.9m were traded. The stock moved -0.63% or -0.19 to close at J$30.20 with 392,655 units traded. (Today’s range: J$30.00 – J$30.60)
2. National Commercial Bank of Jamaica Ltd (NCBJ) shares valued at J$3.5m were traded. The stock moved -1.57% or -0.64 to close at J$40.07 with 87,181 units traded. (Today’s range: J$40.04 – J$40.71)
3. Sagicor Group Jamaica Ltd (SJ) shares valued at J$1.3m were traded. The stock moved -0.13% or -0.03 to close at J$23.52 with 56,564 units traded. (Today’s range: J$23.51 – J$23.70)
4. Lasco Distributors Ltd (LASD) shares valued at J$1.0m were traded. The stock moved -1.74% or -0.10 to close at J$5.66 with 177,390 units traded. (Today’s range: J$5.52 – J$5.80)
5. GraceKennedy Ltd (GK) shares valued at J$989.3k were traded. The stock moved -0.34% or -0.28 to close at J$81.76 with 12,101 units traded. (Today’s range: J$81.50 – J$82.00)

Top 5 Volume Traded

1. Proven Investments Ltd (Proven) – 501.6k units traded. The shares moved -5.26% or -0.0100 to close at US$0.1800
2. Scotia Group Jamaica (SGJ) – 392.7k units traded. The shares moved -0.63% or -0.19 to close at J$30.20 (Today’s range: J$30.00 – J$30.60)
3. (JETCON) – 306.10k units traded. The shares moved +0.35% or +0.01 to close at J$2.90 (Today’s range: J$2.90 – J$2.99)
4. Margaritaville (Turks) Ltd (MTL) – 298.1k units traded. The shares moved +15.38% or +0.0200 to close at US$0.1500 (Today’s range: US$0.1500 – US$0.1600)
5. K.L.E. Group Ltd (KLE) – 201.3k units traded. The shares moved -21.43% or -0.45 to close at J$1.65 (Today’s range: J$1.65 – J$1.67)

Top 5 Declining Stocks (view all declining stocks here)

1. K.L.E. Group Ltd (KLE) declined -21.43% or -0.45 to close at J$1.65 (trading between J$1.65 and J$1.67) with 201,343 shares traded
2. (TTECH) declined -10.71% or -0.48 to close at J$4.00 (trading between J$4.00 and J$4.01) with 17,500 shares traded
3. Honey Bun (1982) Ltd (HONBUN) declined -10.58% or -1.30 to close at J$10.99 (trading between J$10.45 and J$11.01) with 26,150 shares traded
4. C2W Music Ltd (MUSIC) declined -7.50% or -0.03 to close at J$0.37 (trading between J$0.37 and J$0.37) with 4,000 shares traded
5. (CAC) declined -6.71% or -0.47 to close at J$6.53 (trading between J$6.53 and J$6.53) with 1,000 shares traded

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

1. Caribbean Cement Company Ltd (CCC) traded at -6.65% below yesterday’s closing price of J$26.78. It closed at J$25.00.
2. Lasco Manufacturing Ltd (LASM) traded between -0.26% and -6.33% below yesterday’s closing price of J$3.79 (from J$3.55 to J$3.78) . It closed at J$3.69.
3. Proven Investments Ltd (Proven) traded at -5.26% below yesterday’s closing price of US$0.1900. It closed at US$0.1800.
4. Derrimon Trading Company Ltd (DTL) traded between -0.24% and -4.99% below yesterday’s closing price of J$4.21 (from J$4.00 to J$4.20) . It closed at J$4.14.
5. Lasco Distributors Ltd (LASD) traded between 0.69% and -4.17% below yesterday’s closing price of J$5.76 (from J$5.52 to J$5.80) . It closed at J$5.66.

52-Week High/Lows

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

1. Margaritaville (Turks) Ltd – US$0.1600. (Today’s range: US$0.1500 – US$0.1600)

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