JSE Daily: Wow, 9 New Highs! Main Event IPO Over 3x Oversubscribed – Jan 24, 2017

January 24, 2017

Stock market performance report for Tuesday 24th of January 2017 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 10.7m shares / $273.0m traded. (20 Advanced / 11 Declined / 9 Firm) .
  • There were 9 new 52-week highs and no 52-week lows today.
  • Mayberry Investments Limited (MIL), lead financial adviser and broker to Main Event Entertainment Group Limited IPO is advising the public that the Invitation has been closed as of this morning, Tuesday 24 January at 9:00:58 am. Also read.

Market Performance

  • Ordinary Shares – Main Market – 9,178,343 shares, 24 stocks traded, 12 not traded.
  • Ordinary Shares – Junior Market – 1,319,304 shares, 14 stocks traded, 14 not traded.
  • Preference Shares – Junior Market – 0 shares, 0 stocks traded, 4 not traded.
  • Preference Shares – Main Market – 195,000 shares, 9 stocks traded, 10 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Consolidated Bakeries (Jamaica) Ltd (PURITY) shares advanced 11.54% or +0.30 to close at J$2.90 with 10,000 shares traded.
  2. Kingston Wharves Ltd (KW) shares advanced 9.60% or +2.43 to close at J$27.75 with 400 shares traded.
  3. Blue Power Group Ltd (BPOW) shares advanced 8.76% or +3.24 to close at J$40.24 with 2,500 shares traded. (Today’s range: J$40.00 – J$40.40)
  4. Cable & Wireless Jamaica (CWJ) shares advanced 8.55% or +0.10 to close at J$1.27 with 367,430 shares traded. (Today’s range: J$1.19 – J$1.35)
  5. Berger Paints Ltd (BRG) shares advanced 8.42% or +0.66 to close at J$8.50 with 10,000 shares traded.

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

  1. Jetcon Corporation Limited (JETCON) traded between -1.38% and 8.48% above yesterday’s closing price of J$10.14 ( from J$10.00 to J$11.00) . It closed at J$10.42.
  2. Jamaican Teas Ltd (JAMT) traded between 4.99% and 8.27% above yesterday’s closing price of J$7.62 ( from J$8.00 to J$8.25) . It closed at J$8.19.
  3. Access Financial Services Ltd (AFS) traded between 0.04% and 4.98% above yesterday’s closing price of J$25.29 ( from J$25.30 to J$26.55) . It closed at J$26.09.
  4. Caribbean Cement Company Ltd (CCC) traded between 0.10% and 4.95% above yesterday’s closing price of J$30.49 ( from J$30.52 to J$32.00) . It closed at J$31.59.
  5. Caribbean Producers Jamaica (CPJ) traded at 4.82% above yesterday’s closing price of J$4.15. It closed at J$4.35.

Top 5 Value Traded

  1. National Commercial Bank of Jamaica Ltd (NCBJ) shares valued at J$126.7m were traded. The stock moved 0.00% or 0.00 to close at J$51.99 with 2,430,916 units traded. (Today’s range: J$51.68 – J$52.60)
  2. PanJam Investment limited (PJAM) shares valued at J$106.9m were traded. The stock moved 0.00% or 0.00 to close at J$29.75 with 3,593,683 units traded. (Today’s range: J$29.50 – J$30.00)
  3. Sagicor Group Jamaica Ltd (SJ) shares valued at J$14.2m were traded. The stock moved +0.07% or +0.02 to close at J$29.03 with 490,590 units traded. (Today’s range: J$29.00 – J$29.04)
  4. Supreme Ventures Ltd (SVL) shares valued at J$7.8m were traded. The stock moved -2.11% or -0.11 to close at J$5.10 with 1,498,655 units traded. (Today’s range: J$5.10 – J$5.30)
  5. Caribbean Cream Ltd (KREMI) shares valued at J$5.7m were traded. The stock moved -4.74% or -0.35 to close at J$7.03 with 792,369 units traded. (Today’s range: J$7.00 – J$7.50)

Top 5 Volume Traded

  1. PanJam Investment limited (PJAM) – 3.6m units traded. The shares moved 0% or 0.00 to close at J$29.75 (Today’s range: J$29.50 – J$30.00)
  2. National Commercial Bank of Jamaica Ltd (NCBJ) – 2.4m units traded. The shares moved 0% or 0.00 to close at J$51.99 (Today’s range: J$51.68 – J$52.60)
  3. Supreme Ventures Ltd (SVL) – 1.5m units traded. The shares moved -2.11% or -0.11 to close at J$5.10 (Today’s range: J$5.10 – J$5.30)
  4. Caribbean Cream Ltd (KREMI) – 792.4k units traded. The shares moved -4.74% or -0.35 to close at J$7.03 (Today’s range: J$7.00 – J$7.50)
  5. Sagicor Group Jamaica Ltd (SJ) – 490.6k units traded. The shares moved +0.07% or +0.02 to close at J$29.03 (Today’s range: J$29.00 – J$29.04)

Top 5 Declining Stocks (view all declining stocks here)

  1. Barita Investments Ltd (BIL) declined -8.73% or -0.55 to close at J$5.75 (trading between J$5.75 and J$5.75) with 38,200 shares traded
  2. Honey Bun (1982) Ltd (HONBUN) declined -6.15% or -0.41 to close at J$6.26 (trading between J$6.10 and J$6.88) with 124,824 shares traded
  3. Caribbean Cream Ltd (KREMI) declined -4.74% or -0.35 to close at J$7.03 (trading between J$7.00 and J$7.50) with 792,369 shares traded
  4. Jamaica Producers Group Ltd (JP) declined -4.18% or -0.46 to close at J$10.54 (trading between J$10.00 and J$11.50) with 54,929 shares traded
  5. Supreme Ventures Ltd (SVL) declined -2.11% or -0.11 to close at J$5.10 (trading between J$5.10 and J$5.30) with 1,498,655 shares traded

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

  1. Sagicor X Fund (XFUND) traded between -0.10% and -6.86% below yesterday’s closing price of J$10.20 (from J$9.50 to J$10.19) . It closed at J$9.99.
  2. Jamaica Broilers Ltd (JBG) traded between -1.42% and -2.39% below yesterday’s closing price of J$15.47 (from J$15.10 to J$15.25) . It closed at J$15.17.
  3. Paramount Trading (Jamaica) Ltd (PTL) traded between -1.22% and -2.14% below yesterday’s closing price of J$3.27 (from J$3.20 to J$3.23) . It closed at J$3.23.
  4. Lasco Manufacturing Ltd (LASM) traded between 1.35% and -1.54% below yesterday’s closing price of J$5.18 (from J$5.10 to J$5.25) . It closed at J$5.12.
  5. Jetcon Corporation Limited (JETCON) traded between 8.48% and -1.38% below yesterday’s closing price of J$10.14 (from J$10.00 to J$11.00) . It closed at J$10.42.

52-Week High/Lows

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

  1. Berger Paints Ltd – J$8.50.
  2. Jamaican Teas Ltd – J$8.25. (Today’s range: J$8.00 – J$8.25)
  3. Consolidated Bakeries (Jamaica) Ltd – J$2.90.
  4. Jetcon Corporation Limited – J$11.00. (Today’s range: J$10.00 – J$11.00)
  5. Sterling Investments Ltd – J$15.75.
  6. Kingston Wharves Ltd – J$27.75.
  7. Blue Power Group Ltd – J$40.40. (Today’s range: J$40.00 – J$40.40)
  8. Jamaica Producers Group Ltd – J$11.50. (Today’s range: J$10.00 – J$11.50)
  9. Access Financial Services Ltd – J$26.55. (Today’s range: J$25.30 – J$26.55)

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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