Lascelles Hits 52-Week High. RJR and JMMB Sink To 52-Week Lows – Sep 4, 2012

Today J$15.78 million was traded on the Jamaica Stock Exchange J$ Market (0.47 million shares) for 15 securities.

This was broken down as follows;

• Main Market – J$15.25 million – 381,122 shares traded. 11 Stock(s).
• Junior Market – J$533.92 thousand – 59,550 shares traded. 4 Stock(s).
• Preference Shares – J$0.00 hundred – 00 shares traded. 0 Stock(s).

Top 5 % Increases

1. LAS ……. +8.48% or +J$27.44 to close at J$350.99 with 30,204 shares traded – Lascelles, deMercado and Company Ltd.
2. GENAC ….. +5.14% or +J$0.09 to close at J$1.84 with 51,300 shares traded – General Accident Insurance Company Jamaica Limited
3. NCBJ …… +1.70% or +J$0.38 to close at J$22.73 with 4,360 shares traded – National Commercial Bank of Jamaica Ltd.
4. LASM …… +1.42% or +J$0.17 to close at J$12.13 with 30,019 shares traded – Lasco Manufacturing Limited
5. SLJ ……. +0.39% or +J$0.04 to close at J$10.21 with 46,600 shares traded – Sagicor Life Jamaica Limited

Top 5 Value Traded

1. LAS ……. J$10,586,653.02 – +8.48% or +J$27.44 to close at J$350.99 with 30,204 shares traded – Lascelles, deMercado and Company Ltd.
2. SGJ ……. J$1,763,542.00 – -3.47% or -J$0.79 to close at J$22.00 with 80,161 shares traded – Scotia Group Jamaica
3. GK …….. J$1,178,795.75 – -0.54% or -J$0.26 to close at J$48.05 with 24,431 shares traded – GraceKennedy Ltd.
4. SLJ ……. J$475,320.00 – +0.39% or +J$0.04 to close at J$10.21 with 46,600 shares traded – Sagicor Life Jamaica Limited
5. LASM …… J$368,633.32 – +1.42% or +J$0.17 to close at J$12.13 with 30,019 shares traded – Lasco Manufacturing Limited

Top 5 Volume Traded

1. RJR ……. 150,000 shares – -9.17% or -J$0.20 to close at J$1.98 – Radio Jamaica Ltd.
2. SGJ ……. 80,161 shares – -3.47% or -J$0.79 to close at J$22.00 – Scotia Group Jamaica
3. GENAC ….. 51,300 shares – +5.14% or +J$0.09 to close at J$1.84 – General Accident Insurance Company Jamaica Limited
4. SLJ ……. 46,600 shares – +0.39% or +J$0.04 to close at J$10.21 – Sagicor Life Jamaica Limited
5. LAS ……. 30,204 shares – +8.48% or +J$27.44 to close at J$350.99 – Lascelles, deMercado and Company Ltd.

Top 5 % Decreases

1. RJR ……. -9.17% or -J$0.20 to close at J$1.98 with 150,000 shares traded – Radio Jamaica Ltd.
2. LASD …… -4.00% or -J$0.50 to close at J$12.00 with 5,250 shares traded – Lasco Distributors Limited
3. SGJ ……. -3.47% or -J$0.79 to close at J$22.00 with 80,161 shares traded – Scotia Group Jamaica
4. CAR ……. -1.75% or -J$0.96 to close at J$54.04 with 2,750 shares traded – Carreras Limited
5. GK …….. -0.54% or -J$0.26 to close at J$48.05 with 24,431 shares traded – GraceKennedy Ltd.

52 Week high / low

• Jamaica Money Market Brokers Ltd. traded at its 52-week low of $7.99.
• Lascelles, deMercado and Company Ltd. traded at its 52-week high of $351.
• Radio Jamaica Ltd. traded at its 52-week low of $1.98.

Other News

• The Board of Directors of Lascelles, deMercado & Co. Ltd (LAS) wishes to inform its shareholders that its majority shareholder, the CL Financial Group, has notified it that it has agreed to sell its stake in LAS to Gruppo Campari, a major Italian-based wines and spirits group. Gruppo Campari has issued a press release regarding its intentions. The press release contains a statement that Gruppo Campari intends to launch a public offer to the shareholders of LAS.  The Board views this as notification of the intention to make an offer from a serious source and will await further developments.
• Seprod Limited has advised that Mr. Alva Palmer, General Manager of Industrial Sales Limited separated from the company effective Friday, August 31, 2012. Mr. Neville Ledgister is the new appointee to the position effective Monday, September 3, 2012.
• The Board of Directors of Sagicor Life Jamaica Limited at a Board Meeting scheduled for Tuesday, September 11, 2012, will consider a resolution to declare an interim dividend.