JSE Daily: MDS Falls 20% On Disappointing Results. Paramount, Blue Power Plummet As Well – Aug 07, 2019

August 7, 2019

Stock market performance report for Wednesday 7th of August 2019 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 19.2m shares / $202.8m traded. (39 Advanced / 30 Declined / 5 Firm) .
  • There were 9 new 52-week highs and 1 52-week low today.

Market Performance

  • Ordinary Shares – Main Market – 12,221,403 shares, 38 stocks traded, 11 not traded.
  • Ordinary Shares – Junior Market – 7,134,944 shares, 33 stocks traded, 3 not traded.
  • Preference Shares – Main Market – 119,289 shares, 22 stocks traded, 23 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Pulse Investments (PULS) shares advanced 21.50% or +0.69 to close at J$3.90 with 20,500 shares traded. (Today’s range: J$3.10 – J$4.15)
  2. ISP Finance Services Limited (ISP) shares advanced 18.08% or +2.09 to close at J$13.65 with 500 shares traded.
  3. Derrimon Trading Company Ltd (DTL) shares advanced 12.41% or +0.33 to close at J$2.99 with 50,000 shares traded. (Today’s range: J$2.75 – J$3.00)
  4. 1834 Investments Limited (1834) shares advanced 11.22% or +0.11 to close at J$1.09 with 10,000 shares traded.
  5. Proven Investments Limited (ProvenJA) shares advanced 11.11% or +4.00 to close at J$40.00 with 586 shares traded.

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

  1. Lasco Manufacturing Ltd (LASM) traded between 0.23% and 19.44% above yesterday’s closing price of J$4.32 ( from J$4.33 to J$5.16) . It closed at J$4.46.
  2. Radio Jamaica Ltd (RJR) traded between 2.84% and 17.02% above yesterday’s closing price of J$1.41 ( from J$1.45 to J$1.65) . It closed at J$1.55.
  3. Sagicor Group Jamaica Ltd (SJ) traded between 0.56% and 16.90% above yesterday’s closing price of J$72.71 ( from J$73.12 to J$85.00) . It closed at J$77.14.
  4. Lasco Financial Services Ltd (LASF) traded as high as 15.86% above yesterday’s closing price of J$5.61 (between J$5.61 and J$6.50) . It closed at J$6.04.
  5. Jamaica Broilers Ltd (JBG) traded between 0.16% and 15.00% above yesterday’s closing price of J$37.94 ( from J$38.00 to J$43.63) . It closed at J$39.35.

Top 5 Value Traded

  1. NCB Financial Group Ltd (NCBFG) shares valued at J$43.0m were traded. The stock moved -3.38% or -7.22 to close at J$206.62 with 206,186 units traded. (Today’s range: J$200.02 – J$217.50)
  2. Sagicor Group Jamaica Ltd (SJ) shares valued at J$27.5m were traded. The stock moved +6.09% or +4.43 to close at J$77.14 with 348,243 units traded. (Today’s range: J$73.12 – J$85.00)
  3. The Limners and Bards Limited (LAB) shares valued at J$17.7m were traded. The stock moved +0.51% or +0.02 to close at J$3.97 with 4,245,953 units traded. (Today’s range: J$3.85 – J$4.51)
  4. Jamaica Money Market Brokers Group Ltd (JMMBGL) shares valued at J$14.8m were traded. The stock moved -0.42% or -0.22 to close at J$52.12 with 286,497 units traded. (Today’s range: J$50.02 – J$53.00)
  5. Caribbean Cement Company Ltd (CCC) shares valued at J$13.4m were traded. The stock moved +3.40% or +2.62 to close at J$79.69 with 168,404 units traded. (Today’s range: J$76.81 – J$82.00)

Top 5 Volume Traded

  1. Wigton Windfarm Ltd (WIG) – 6.5m units traded. The shares moved -2.38% or -0.02 to close at J$0.82 (Today’s range: J$0.81 – J$0.84)
  2. The Limners and Bards Limited (LAB) – 4.2m units traded. The shares moved +0.51% or +0.02 to close at J$3.97 (Today’s range: J$3.85 – J$4.51)
  3. Victoria Mutual Investments Ltd (VMIL) – 1.0m units traded. The shares moved +1.01% or +0.08 to close at J$8.00 (Today’s range: J$7.65 – J$8.50)
  4. Lasco Manufacturing Ltd (LASM) – 880.3k units traded. The shares moved +3.24% or +0.14 to close at J$4.46 (Today’s range: J$4.33 – J$5.16)
  5. Radio Jamaica Ltd (RJR) – 648.9k units traded. The shares moved +9.93% or +0.14 to close at J$1.55 (Today’s range: J$1.45 – J$1.65)

Top 5 Declining Stocks (view all declining stocks here)

  1. Medical Disposables and Supplies Ltd (MDS) declined -19.20% or -1.69 to close at J$7.11 (trading between J$6.20 and J$9.00) with 32,090 shares traded
  2. Paramount Trading (Jamaica) Ltd (PTL) declined -18.18% or -0.40 to close at J$1.80 (trading between J$1.80 and J$1.80) with 2,000 shares traded
  3. Blue Power Group Ltd (BPOW) declined -16.78% or -2.02 to close at J$10.02 (trading between J$6.50 and J$10.55) with 35,540 shares traded
  4. Jamaica Money Market Brokers Ltd 7.50% (JMMBGL7.50) declined -15.15% or -0.15 to close at J$0.84 (trading between J$0.80 and J$0.91) with 40,500 shares traded
  5. Caribbean Flavours and Fragrances Ltd (CFF) declined -13.74% or -2.23 to close at J$14.00 (trading between J$14.00 and J$14.00) with 500 shares traded

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

  1. Jamaica Stock Exchange Ltd (JSE) traded between 6.19% and -28.81% below yesterday’s closing price of J$28.25 (from J$20.11 to J$30.00) . It closed at J$25.68.
  2. GWest Corporation Ltd (GWEST) traded between -2.60% and -12.99% below yesterday’s closing price of J$1.54 (from J$1.34 to J$1.50) . It closed at J$1.41.
  3. General Accident Insurance Company Jamaica Ltd (GENAC) traded as low as -12.96% below yesterday’s closing price of J$5.40 (between J$4.70 and J$5.40) . It closed at J$4.96.
  4. Main Event Entertainment Group Ltd (MEEG) traded between -10.98% and -11.62% below yesterday’s closing price of J$7.92 (from J$7.00 to J$7.05) . It closed at J$7.01.
  5. Everything Fresh Ltd (EFRESH) traded between 5.30% and -10.60% below yesterday’s closing price of J$1.51 (from J$1.35 to J$1.59) . It closed at J$1.52.

52-Week High/Lows

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

  1. Pulse Investments – J$4.15. (Today’s range: J$3.10 – J$4.15)
  2. Radio Jamaica Ltd – J$1.65. (Today’s range: J$1.45 – J$1.65)
  3. Sagicor Group Jamaica Ltd – J$85.00. (Today’s range: J$73.12 – J$85.00)
  4. The Limners and Bards Limited – J$4.51. (Today’s range: J$3.85 – J$4.51)
  5. Elite Diagnostics Ltd – J$7.00. (Today’s range: J$6.35 – J$7.00)
  6. Jamaica Broilers Ltd – J$43.63. (Today’s range: J$38.00 – J$43.63)
  7. Jamaican Teas Ltd – J$8.00. (Today’s range: J$7.00 – J$8.00)
  8. Lasco Financial Services Ltd – J$6.50. (Today’s range: J$5.61 – J$6.50)
  9. Lasco Manufacturing Ltd – J$5.16. (Today’s range: J$4.33 – J$5.16)

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

  1. Jamaica Money Market Brokers Ltd 7.50% traded at its 52-week low of J$0.80. (Today’s range: J$0.80 – J$0.91)

Insights/Trends

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

  1. Jamaican Teas Ltd – consecutive price increases for the last 7 days.
  2. Consolidated Bakeries (Jamaica) Ltd – consecutive price increases for the last 6 days.
  3. More here

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

  1. Wisynco Group Ltd – consecutive price decreases for the last 4 days.
  2. More here

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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