JSE Daily: Market Wipes Out $2.9 Billion Of TJH’s Market Cap On Day 1, As Stock Slides 16% – Mar 24, 2020

March 24, 2020

Stock market performance report for Tuesday 24th of March 2020 below.

Jamaica Stock Exchange (JSE)

Today’s Highlights

  • Combined Market (All Securities) – 83.1m Shares ($522.0m) Traded.
  • CAC9.50, SIL & EPLY Lead Advancers
  • SILUS, KLE & CBNY Lead Decliners
  • Transjamaican Highway Ltd (TJH) Lead Market Volumes With 47.8m Shares Traded

Top 5 Advancing Stocks (view all advancing stocks here)

  1. CAC 2000 9.5% Cumulative Redeemable Pref Shares (CAC9.50) shares advanced 25.00% or +0.20 to close at $1.00 with 9,000 shares traded.
  2. Sterling Investments Ltd (SIL) shares advanced 15.25% or +0.34 to close at $2.57 with 53,858 shares traded. (Today’s range: $2.25 – $2.60)
  3. Eppley Ltd (EPLY) shares advanced 13.86% or +1.40 to close at $11.50 with 3,000 shares traded.
  4. Sagicor X Fund (XFUND) shares advanced 11.64% or +0.83 to close at $7.96 with 1,200 shares traded. (Today’s range: $7.80 – $7.99)
  5. Lasco Distributors Ltd (LASD) shares advanced 11.42% or +0.29 to close at $2.83 with 25,111 shares traded. (Today’s range: $2.60 – $2.92)

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

  1. FosRich Company Ltd (FOSRICH) traded between 2.46% and 20.08% above yesterday’s closing price of $2.44 ( from $2.50 to $2.93) . It closed at $2.52.
  2. Sagicor Group Jamaica Ltd (SJ) traded between -9.77% and 15.50% above yesterday’s closing price of $41.56 ( from $37.50 to $48.00) . It closed at $40.55.
  3. Sagicor Select Funds Ltd – Man. & Dist. (SELECTMD) traded between 1.89% and 15.09% above yesterday’s closing price of $0.53 ( from $0.54 to $0.61) . It closed at $0.59.
  4. Lasco Financial Services Ltd (LASF) traded between -0.40% and 13.55% above yesterday’s closing price of $2.51 ( from $2.50 to $2.85) . It closed at $2.79.
  5. Sagicor Select Funds Ltd – Financial (SELECTF) traded between -7.69% and 12.31% above yesterday’s closing price of $0.65 ( from $0.60 to $0.73) . It closed at $0.68.

Top 5 Value Traded

  1. NCB Financial Group Ltd (NCBFG) shares valued at $343.4m were traded. The stock moved +3.97% or +6.06 to close at $158.84 with 2,289,514 units traded. (Today’s range: $140.00 – $160.00)
  2. Transjamaican Highway Ltd (TJH) shares valued at $57.2m were traded. The stock moved -16.31% or -0.23 to close at $1.18 with 47,832,428 units traded. (Today’s range: $1.00 – $1.39)
  3. Jamaica Producers Group Ltd (JP) shares valued at $21.2m were traded. The stock moved +2.64% or +0.41 to close at $15.96 with 1,364,504 units traded. (Today’s range: $15.00 – $16.06)
  4. Wigton Windfarm Ltd (WIG) shares valued at $14.3m were traded. The stock moved +5.17% or +0.03 to close at $0.61 with 23,266,444 units traded. (Today’s range: $0.60 – $0.63)
  5. Jamaica Money Market Brokers Group Ltd (JMMBGL) shares valued at $9.9m were traded. The stock moved -4.37% or -1.57 to close at $34.33 with 292,971 units traded. (Today’s range: $31.03 – $36.46)

Top 5 Volume Traded

  1. Transjamaican Highway Ltd (TJH) – 47.8m units traded. The shares moved -16.31% or -0.23 to close at $1.18 (Today’s range: $1.00 – $1.39)
  2. Wigton Windfarm Ltd (WIG) – 23.3m units traded. The shares moved +5.17% or +0.03 to close at $0.61 (Today’s range: $0.60 – $0.63)
  3. TJHUSD (TJHUSD) – 2.3m units traded. The shares closed firm at $0.01
  4. NCB Financial Group Ltd (NCBFG) – 2.3m units traded. The shares moved +3.97% or +6.06 to close at $158.84 (Today’s range: $140.00 – $160.00)
  5. Sagicor Select Funds Ltd – Financial (SELECTF) – 1.7m units traded. The shares moved +4.62% or +0.03 to close at $0.68 (Today’s range: $0.60 – $0.73)

Top 5 Declining Stocks (view all declining stocks here)

  1. Sterling Investments Limited (SILUS) declined -33.33% or -0.01 to close at $0.02 (trading between $0.02 and $0.02) with 32,300 shares traded
  2. K.L.E. Group Ltd (KLE) declined -25.00% or -0.40 to close at $1.20 (trading between $1.20 and $1.20) with 957 shares traded
  3. Ciboney Group Ltd (CBNY) declined -22.22% or -0.02 to close at $0.07 (trading between $0.07 and $0.08) with 103,835 shares traded
  4. Elite Diagnostics Ltd (ELITE) declined -21.84% or -0.76 to close at $2.72 (trading between $2.71 and $3.10) with 95,816 shares traded
  5. Proven Investments Ltd (Proven) declined -19.23% or -0.0500 to close at $0.2100 (trading between $0.2000 and $0.2500) with 332,924 shares traded

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

  1. Transjamaican Highway Ltd (TJH) traded between -1.42% and -29.08% below yesterday’s closing price of $1.41 (from $1.00 to $1.39) . It closed at $1.18.
  2. General Accident Insurance Company Jamaica Ltd (GENAC) traded between -12.72% and -23.87% below yesterday’s closing price of $5.11 (from $3.89 to $4.46) . It closed at $4.24.
  3. Pulse Investments (PULS) traded as low as -18.37% below yesterday’s closing price of $2.45 (between $2.00 and $2.45) . It closed at $2.38.
  4. Lumber Depot Ltd (LUMBER) traded between 0.81% and -16.94% below yesterday’s closing price of $1.24 (from $1.03 to $1.25) . It closed at $1.05.
  5. Dolphin Cove Ltd (DCOVE) traded between -9.72% and -16.67% below yesterday’s closing price of $7.20 (from $6.00 to $6.50) . It closed at $6.37.

52-Week High/Lows

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

  1. Eppley Limited 8.75% Due 2023 – $6.50. (Today’s range: $6.25 – $6.50)

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

  1. Caribbean Flavours and Fragrances Ltd traded at its 52-week low of $10.00.
  2. Dolphin Cove Ltd traded at its 52-week low of $6.00. (Today’s range: $6.00 – $6.50)
  3. Elite Diagnostics Ltd traded at its 52-week low of $2.71. (Today’s range: $2.71 – $3.10)
  4. General Accident Insurance Company Jamaica Ltd traded at its 52-week low of $3.89. (Today’s range: $3.89 – $4.46)
  5. Jamaica Producers Group Ltd traded at its 52-week low of $15.00. (Today’s range: $15.00 – $16.06)
  6. K.L.E. Group Ltd traded at its 52-week low of $1.20.
  7. NCB Financial Group Ltd traded at its 52-week low of $140.00. (Today’s range: $140.00 – $160.00)
  8. Proven Investments Ltd traded at its 52-week low of $0.2000. (Today’s range: $0.2000 – $0.2500)
  9. Scotia Group Jamaica traded at its 52-week low of $36.00. (Today’s range: $36.00 – $40.00)
  10. tTech Limited traded at its 52-week low of $3.50. (Today’s range: $3.50 – $3.70)

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

 

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