JSE Daily: Over J$90m GK Traded, Down -5% – Announces Takeover Offer For KEY Insurance – Jan 20, 2020

Stock market performance report for Monday 20th of January 2020 below.

Jamaica Stock Exchange (JSE)

Summary

• Read and discuss more about the KEY Insurance takeover offer online
• JSE Combined Index – 21.0m shares / $228.9m traded. (37 Advanced / 34 Declined / 7 Firm) .
• There were no new 52-week highs and no 52-week lows today.

Market Performance

• Ordinary Shares – Main Market – 18,599,392 shares, 43 stocks traded, 9 not traded.
• Ordinary Shares – Junior Market – 2,571,845 shares, 31 stocks traded, 8 not traded.
• Preference Shares – Main Market – 228,701 shares, 24 stocks traded, 22 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

1. Caribbean Flavours and Fragrances Ltd (CFF) shares advanced 13.18% or +1.98 to close at $17.00 with 802 shares traded.
2. Paramount Trading (Jamaica) Ltd (PTL) shares advanced 13.10% or +0.22 to close at $1.90 with 15,041 shares traded.
3. Ciboney Group Ltd (CBNY) shares advanced 9.09% or +0.01 to close at $0.12 with 10,000 shares traded.
4. Jetcon Corporation Limited (JETCON) shares advanced 8.78% or +0.13 to close at $1.61 with 55,131 shares traded.
5. Medical Disposables and Supplies Ltd (MDS) shares advanced 8.43% or +0.59 to close at $7.59 with 2,433 shares traded.

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

1. Elite Diagnostics Ltd (ELITE) traded between 2.74% and 11.87% above yesterday’s closing price of $4.38 ( from $4.50 to $4.90) . It closed at $4.55.
2. CAC 2000 Limited (CAC) traded between 3.70% and 11.11% above yesterday’s closing price of $13.50 ( from $14.00 to $15.00) . It closed at $14.63.
3. Jamaica Stock Exchange Ltd (JSE) traded between 1.83% and 10.32% above yesterday’s closing price of $29.46 ( from $30.00 to $32.50) . It closed at $31.09.
4. Kingston Wharves Ltd (KW) traded between -5.30% and 9.94% above yesterday’s closing price of $56.03 ( from $53.06 to $61.60) . It closed at $57.29.
5. Lumber Depot Ltd (LUMBER) traded between -8.54% and 9.76% above yesterday’s closing price of $1.64 ( from $1.50 to $1.80) . It closed at $1.67.

Top 5 Value Traded

1. GraceKennedy Ltd (GK) shares valued at $91.8m were traded. The stock moved -5.08% or -3.85 to close at $72.01 with 1,248,922 units traded. (Today’s range: $72.00 – $75.00)
2. Sagicor Group Jamaica Ltd (SJ) shares valued at $76.9m were traded. The stock moved +0.06% or +0.04 to close at $70.94 with 1,098,796 units traded. (Today’s range: $69.00 – $71.00)
3. NCB Financial Group Ltd (NCBFG) shares valued at $7.4m were traded. The stock moved -2.18% or -4.13 to close at $185.27 with 40,699 units traded. (Today’s range: $174.01 – $190.00)
4. Sagicor Select Funds Ltd – Financial (SELECTF) shares valued at $6.1m were traded. The stock moved -2.73% or -0.03 to close at $1.07 with 5,652,137 units traded. (Today’s range: $1.07 – $1.10)
5. Jamaica Money Market Brokers Group Ltd (JMMBGL) shares valued at $5.2m were traded. The stock moved +1.31% or +0.62 to close at $48.08 with 107,892 units traded. (Today’s range: $48.00 – $48.45)

Top 5 Volume Traded

1. Sagicor Select Funds Ltd – Financial (SELECTF) – 5.7m units traded. The shares moved -2.73% or -0.03 to close at $1.07 (Today’s range: $1.07 – $1.10)
2. Wigton Windfarm Ltd (WIG) – 3.4m units traded. The shares moved +1.04% or +0.01 to close at $0.97 (Today’s range: $0.96 – $0.98)
3. Sagicor Select Funds Ltd – Man. & Dist. (SELECTMD) – 2.6m units traded. The shares closed firm at $0.97 (Today’s range: $0.96 – $0.98)
4. QWI Investments Ltd (QWI) – 1.4m units traded. The shares closed firm at $1.00 (Today’s range: $1.00 – $1.01)
5. GraceKennedy Ltd (GK) – 1.2m units traded. The shares moved -5.08% or -3.85 to close at $72.01 (Today’s range: $72.00 – $75.00)

Top 5 Declining Stocks (view all declining stocks here)

1. Sygnus Credit Investments Limited USD Ordinary Shares (SCIUSD) declined -11.11% or -0.02 to close at $0.16 (trading between $0.15 and $0.18) with 126,766 shares traded
2. Jamaica Producers Group Ltd (JP) declined -8.70% or -2.35 to close at $24.65 (trading between $24.60 and $26.95) with 21,511 shares traded
3. Proven Investments Ltd (Proven) declined -5.71% or -0.0200 to close at $0.3300 (trading between $0.3200 and $0.3500) with 13,933 shares traded
4. Access Financial Services Ltd (AFS) declined -5.25% or -1.69 to close at $30.50 (trading between $30.50 and $30.50) with 1,414 shares traded
5. GraceKennedy Ltd (GK) declined -5.08% or -3.85 to close at $72.01 (trading between $72.00 and $75.00) with 1,248,922 shares traded

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

1. Portland JSX Limited (PJX) traded between 0.11% and -14.35% below yesterday’s closing price of $8.99 (from $7.70 to $9.00) . It closed at $8.86.
2. iCreate Ltd (ICREATE) traded between 4.65% and -12.79% below yesterday’s closing price of $0.86 (from $0.75 to $0.90) . It closed at $0.85.
3. Derrimon Trading Company Ltd (DTL) traded between 0.39% and -10.85% below yesterday’s closing price of $2.58 (from $2.30 to $2.59) . It closed at $2.49.
4. Radio Jamaica Ltd (RJR) traded between 0.53% and -9.52% below yesterday’s closing price of $1.89 (from $1.71 to $1.90) . It closed at $1.88.
5. Lumber Depot Ltd (LUMBER) traded between 9.76% and -8.54% below yesterday’s closing price of $1.64 (from $1.50 to $1.80) . It closed at $1.67.

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