JSE Daily: Stanley Motta Closes Below IPO. DTL, LASD & XFUND Lead Advancers – Aug 27, 2018

Stock market performance report for Monday 27th of August 2018 below.

Jamaica Stock Exchange (JSE)

Summary

• JSE Combined Index – 4.1m shares / $42.4m traded. (18 Advanced / 21 Declined / 9 Firm) .
• There were no new 52-week highs and 1 52-week lows today.

Market Performance

• Ordinary Shares – Main Market – 2,071,922 shares, 24 stocks traded, 20 not traded.
• Ordinary Shares – Junior Market – 1,610,087 shares, 23 stocks traded, 11 not traded.
• Preference Shares – Junior Market – 0 shares, 0 stocks traded, 1 not traded.
• Preference Shares – Main Market – 456,103 shares, 13 stocks traded, 20 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

1. Derrimon Trading Company Ltd (DTL) shares advanced 11.10% or +2.33 to close at J$23.33 with 18,909 shares traded.
2. Lasco Distributors Ltd (LASD) shares advanced 8.71% or +0.33 to close at J$4.12 with 12,000 shares traded. (Today’s range: J$3.91 – J$4.15)
3. Sagicor X Fund (XFUND) shares advanced 5.47% or +0.62 to close at J$11.96 with 23,171 shares traded. (Today’s range: J$11.52 – J$12.70)
4. Proven Investments Ltd (Proven) shares advanced 4.76% or +0.0100 to close at US$0.2200 with 17,810 shares traded. (Today’s range: US$0.2200 – US$0.2300)
5. Jamaica Producers Group Ltd (JP) shares advanced 3.93% or +0.68 to close at J$17.98 with 43,354 shares traded. (Today’s range: J$17.28 – J$18.00)

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

1. Caribbean Cement Company Ltd (CCC) traded between -3.03% and 13.38% above yesterday’s closing price of J$47.45 ( from J$46.01 to J$53.80) . It closed at J$47.97.
2. Salada Foods Ltd (SALF) traded between -0.53% and 5.32% above yesterday’s closing price of J$17.09 ( from J$17.00 to J$18.00) . It closed at J$17.48.
3. GWest Corporation Ltd (GWEST) traded as high as 5.00% above yesterday’s closing price of J$2.00 (between J$2.00 and J$2.10) . It closed at J$2.03.
4. Lasco Financial Services Ltd (LASF) traded between -2.88% and 4.32% above yesterday’s closing price of J$5.56 ( from J$5.40 to J$5.80) . It closed at J$5.51.
5. Jamaica Stock Exchange Ltd (JSE) traded between -3.37% and 4.11% above yesterday’s closing price of J$8.02 ( from J$7.75 to J$8.35) . It closed at J$8.11.

Top 5 Value Traded

1. GraceKennedy Ltd (GK) shares valued at J$11.4m were traded. The stock moved -2.25% or -1.34 to close at J$58.12 with 193,538 units traded. (Today’s range: J$58.01 – J$60.00)
2. Scotia Group Jamaica (SGJ) shares valued at J$5.3m were traded. The stock moved +0.73% or +0.38 to close at J$52.49 with 101,372 units traded. (Today’s range: J$52.00 – J$52.50)
3. Jamaica Broilers Ltd (JBG) shares valued at J$4.6m were traded. The stock moved +1.78% or +0.41 to close at J$23.48 with 196,504 units traded. (Today’s range: J$23.20 – J$23.50)
4. Lasco Manufacturing Ltd (LASM) shares valued at J$3.10m were traded. The stock moved +3.63% or +0.14 to close at J$4.00 with 1,013,663 units traded. (Today’s range: J$3.85 – J$4.01)
5. Wisynco Group Ltd (WISYNCO) shares valued at J$3.1m were traded. The stock moved -0.56% or -0.05 to close at J$8.84 with 349,145 units traded. (Today’s range: J$8.76 – J$9.00)

Top 5 Volume Traded

1. Lasco Manufacturing Ltd (LASM) – 1.0m units traded. The shares moved +3.63% or +0.14 to close at J$4.00 (Today’s range: J$3.85 – J$4.01)
2. Indies Pharma Jamaica Ltd (INDIES) – 539.2k units traded. The shares moved -1.93% or -0.05 to close at J$2.54 (Today’s range: J$2.47 – J$2.62)
3. Jamaica Money Market Brokers Ltd 7.50% (JMMBGL7.50) – 456.1k units traded. The shares moved -2.91% or -0.03 to close at J$1.00
4. Wisynco Group Ltd (WISYNCO) – 349.1k units traded. The shares moved -0.56% or -0.05 to close at J$8.84 (Today’s range: J$8.76 – J$9.00)
5. Carreras Ltd (CAR) – 248.9k units traded. The shares moved -0.33% or -0.03 to close at J$8.97 (Today’s range: J$8.91 – J$9.00)

Top 5 Declining Stocks (view all declining stocks here)

1. Mayberry Investments Ltd (MIL) declined -11.25% or -0.90 to close at J$7.10 (trading between J$7.05 and J$7.24) with 6,993 shares traded
2. Jamaican Teas Ltd (JAMT) declined -7.06% or -0.30 to close at J$3.95 (trading between J$3.95 and J$3.95) with 9,000 shares traded
3. tTech Limited (TTECH) declined -6.80% or -0.37 to close at J$5.07 (trading between J$5.07 and J$5.10) with 9,900 shares traded
4. Stanley Motta Ltd (SML) declined -3.60% or -0.18 to close at J$4.82 (trading between J$4.80 and J$4.95) with 2,211 shares traded
5. Jamaica Money Market Brokers Ltd 7.50% (JMMBGL7.50) declined -2.91% or -0.03 to close at J$1.00 (trading between J$1.00 and J$1.00) with 456,103 shares traded

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

1. Indies Pharma Jamaica Ltd (INDIES) traded between 1.16% and -4.63% below yesterday’s closing price of J$2.59 (from J$2.47 to J$2.62) . It closed at J$2.54.
2. Supreme Ventures Ltd (SVL) traded between 2.05% and -4.03% below yesterday’s closing price of J$15.63 (from J$15.00 to J$15.95) . It closed at J$15.23.
3. Express Catering Ltd (ECL) traded as low as -3.85% below yesterday’s closing price of J$8.32 (between J$8.00 and J$8.32) . It closed at J$8.25.
4. Jamaica Stock Exchange Ltd (JSE) traded between 4.11% and -3.37% below yesterday’s closing price of J$8.02 (from J$7.75 to J$8.35) . It closed at J$8.11.
5. NCB Financial Group Ltd (NCBFG) traded between -0.63% and -3.23% below yesterday’s closing price of J$109.69 (from J$106.15 to J$109.00) . It closed at J$108.79.

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