JSE Daily: MEEG Hits $7, KREMI Falls Below $5. GWEST, LASF & AFS Lead Decliners – Jul 03, 2019

July 3, 2019

Stock market performance report for Wednesday 3rd of July 2019 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 78.2m shares / $264.7m traded. (24 Advanced / 30 Declined / 9 Firm) .
  • There were no new 52-week highs and no 52-week lows today.

Market Performance

  • Ordinary Shares – Main Market – 75,857,268 shares, 35 stocks traded, 14 not traded.
  • Ordinary Shares – Junior Market – 2,395,304 shares, 26 stocks traded, 9 not traded.
  • Preference Shares – Main Market – 3,000 shares, 19 stocks traded, 21 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. 1834 Investments Limited (1834) shares advanced 15.56% or +0.14 to close at J$1.04 with 750 shares traded.
  2. Main Event Entertainment Group Ltd (MEEG) shares advanced 9.76% or +0.58 to close at J$6.52 with 34,859 shares traded. (Today’s range: J$6.10 – J$7.00)
  3. 138 Student Living Jamaica Limited (138SL) shares advanced 7.36% or +0.27 to close at J$3.94 with 50,472 shares traded.
  4. Fontana Limited (FTNA) shares advanced 5.88% or +0.32 to close at J$5.76 with 91,310 shares traded. (Today’s range: J$5.60 – J$5.85)
  5. Stanley Motta Ltd (SML) shares advanced 4.73% or +0.24 to close at J$5.31 with 10,263,122 shares traded. (Today’s range: J$5.00 – J$5.31)

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

  1. Jamaican Teas Ltd (JAMT) traded between 0.25% and 10.55% above yesterday’s closing price of J$3.98 ( from J$3.99 to J$4.40) . It closed at J$4.08.
  2. Blue Power Group Ltd (BPOW) traded between 0.81% and 8.87% above yesterday’s closing price of J$4.96 ( from J$5.00 to J$5.40) . It closed at J$5.06.
  3. FosRich Company Ltd (FOSRICH) traded between 2.35% and 7.06% above yesterday’s closing price of J$4.25 ( from J$4.35 to J$4.55) . It closed at J$4.43.
  4. Jamaica Stock Exchange Ltd (JSE) traded between -0.50% and 6.61% above yesterday’s closing price of J$28.14 ( from J$28.00 to J$30.00) . It closed at J$29.02.
  5. Indies Pharma Jamaica Ltd (INDIES) traded between 2.99% and 4.65% above yesterday’s closing price of J$3.01 ( from J$3.10 to J$3.15) . It closed at J$3.14.

Top 5 Value Traded

  1. NCB Financial Group Ltd (NCBFG) shares valued at J$62.0m were traded. The stock moved +0.26% or +0.49 to close at J$190.00 with 324,276 units traded. (Today’s range: J$187.50 – J$194.99)
  2. Stanley Motta Ltd (SML) shares valued at J$52.9m were traded. The stock moved +4.73% or +0.24 to close at J$5.31 with 10,263,122 units traded. (Today’s range: J$5.00 – J$5.31)
  3. Wigton Windfarm Ltd (WIG) shares valued at J$52.8m were traded. The stock moved +1.15% or +0.01 to close at J$0.88 with 61,067,993 units traded. (Today’s range: J$0.83 – J$0.90)
  4. PanJam Investment limited (PJAM) shares valued at J$20.7m were traded. The stock moved -3.86% or -3.87 to close at J$96.45 with 211,728 units traded. (Today’s range: J$96.00 – J$100.00)
  5. Carreras Ltd (CAR) shares valued at J$13.3m were traded. The stock moved -0.13% or -0.01 to close at J$7.94 with 1,689,241 units traded. (Today’s range: J$7.76 – J$8.00)

Top 5 Volume Traded

  1. Wigton Windfarm Ltd (WIG) – 61.1m units traded. The shares moved +1.15% or +0.01 to close at J$0.88 (Today’s range: J$0.83 – J$0.90)
  2. Stanley Motta Ltd (SML) – 10.3m units traded. The shares moved +4.73% or +0.24 to close at J$5.31 (Today’s range: J$5.00 – J$5.31)
  3. Carreras Ltd (CAR) – 1.7m units traded. The shares moved -0.13% or -0.01 to close at J$7.94 (Today’s range: J$7.76 – J$8.00)
  4. Lasco Manufacturing Ltd (LASM) – 651.2k units traded. The shares moved -0.47% or -0.02 to close at J$4.20 (Today’s range: J$4.20 – J$4.25)
  5. Radio Jamaica Ltd (RJR) – 501.5k units traded. The shares moved -0.96% or -0.01 to close at J$1.03 (Today’s range: J$1.01 – J$1.03)

Top 5 Declining Stocks (view all declining stocks here)

  1. GWest Corporation Ltd (GWEST) declined -9.82% or -0.11 to close at J$1.01 (trading between J$1.01 and J$1.02) with 240,626 shares traded
  2. Lasco Financial Services Ltd (LASF) declined -8.30% or -0.39 to close at J$4.31 (trading between J$4.10 and J$4.70) with 383,802 shares traded
  3. Access Financial Services Ltd (AFS) declined -6.09% or -2.80 to close at J$43.20 (trading between J$43.20 and J$43.50) with 22,140 shares traded
  4. Honey Bun (1982) Ltd (HONBUN) declined -5.78% or -0.38 to close at J$6.20 (trading between J$6.20 and J$6.20) with 16,166 shares traded
  5. Lasco Distributors Ltd (LASD) declined -5.43% or -0.19 to close at J$3.31 (trading between J$3.20 and J$3.50) with 415,716 shares traded

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

  1. AMG Packaging & Paper Company Ltd (AMG) traded as low as -12.62% below yesterday’s closing price of J$2.06 (between J$1.80 and J$2.06) . It closed at J$1.98.
  2. Jamaica Producers Group Ltd (JP) traded between 3.15% and -7.34% below yesterday’s closing price of J$28.60 (from J$26.50 to J$29.50) . It closed at J$27.31.
  3. Eppley Ltd (EPLY) traded between 3.53% and -5.88% below yesterday’s closing price of J$17.00 (from J$16.00 to J$17.60) . It closed at J$17.33.
  4. Cargo Handlers Ltd (CHL) traded as low as -5.26% below yesterday’s closing price of J$9.50 (between J$9.00 and J$9.50) . It closed at J$9.46.
  5. Sagicor X Fund (XFUND) traded between -2.44% and -5.09% below yesterday’s closing price of J$9.43 (from J$8.95 to J$9.20) . It closed at J$9.02.

52-Week High/Lows

  1. None today

Insights/Trends

  • FTNA has advanced for 15 of the last 16 days. Plus there are 13 more stocks with prices and volumes increasing daily for the last 4 – 8 days straight. One down for 4 weeks straight. 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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