Market Update (JSE): 6.10m Shares (J$219.9m) Traded – Mar 03, 2016

March 3, 2016

Stock market performance report for Thursday 3rd of March 2016 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 6.10m shares / $219.9m traded. (12 Advanced / 12 Declined / 10 Firm) .
  • Analyst Rating Updates: As at Friday 26th of February 2016 Barita Investments Ltd has updated its ratings on stocks as follows. LASD was upgraded. 36 companies were rated as BUYS, 8 as SELL and 14 as HOLD. You can view analyst ratings here.
  • There were 2 new 52-week highs and no 52-week lows today.

Market Performance

  • Ordinary Shares – Main Market – 5,963,100 shares, 23 stocks traded, 18 not traded.
  • Ordinary Shares – Junior Market – 989,922 shares, 11 stocks traded, 9 not traded.
  • Preference Shares – Junior Market – 0 shares, 0 stocks traded, 3 not traded.
  • Preference Shares – Main Market – 50,000 shares, 17 stocks traded, 9 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Jamaica Producers Group Ltd (JP) shares advanced 19.35% or +5.72 to close at J$35.28 with 67,930 shares traded. (Today’s range: J$32.00 – J$35.50)
  2. Honey Bun (1982) Ltd (HONBUN) shares advanced 17.02% or +2.40 to close at J$16.50 with 2,000 shares traded.
  3. Access Financial Services Ltd (AFS) shares advanced 5.44% or +0.90 to close at J$17.45 with 13,701 shares traded.
  4. Caribbean Cement Company Ltd (CCC) shares advanced 3.88% or +0.86 to close at J$23.04 with 50,199 shares traded.
  5. Caribbean Producers Jamaica (CPJ) shares advanced 3.85% or +0.18 to close at J$4.85 with 3,905 shares traded.

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

  1. Lasco Distributors Ltd (LASD) traded as high as 11.32% above yesterday’s closing price of J$5.39 (between J$5.39 and J$6.00) . It closed at J$5.52.
  2. Lasco Manufacturing Ltd (LASM) traded between -2.44% and 6.10% above yesterday’s closing price of J$4.10 ( from J$4.00 to J$4.35) . It closed at J$4.04.
  3. Cable & Wireless Jamaica (CWJ) traded between -2.10% and 4.90% above yesterday’s closing price of J$1.43 ( from J$1.40 to J$1.50) . It closed at J$1.42.
  4. National Commercial Bank of Jamaica Ltd (NCBJ) traded between -0.15% and 2.60% above yesterday’s closing price of J$40.06 ( from J$40.00 to J$41.10) . It closed at J$40.92.
  5. Jamaica Broilers Ltd (JBG) traded between -1.89% and 2.24% above yesterday’s closing price of J$14.28 ( from J$14.01 to J$14.60) . It closed at J$14.28.

Top 5 Value Traded

  1. National Commercial Bank of Jamaica Ltd (NCBJ) shares valued at J$156.6m were traded. The stock moved +2.15% or +0.86 to close at J$40.92 with 3,860,701 units traded. (Today’s range: J$40.00 – J$41.10)
  2. GraceKennedy Ltd (GK) shares valued at J$36.1m were traded. The stock moved +0.01% or +0.01 to close at J$83.24 with 432,842 units traded. (Today’s range: J$83.00 – J$83.95)
  3. Jamaica Money Market Brokers Group Ltd (JMMBGL) shares valued at J$4.3m were traded. The stock moved +0.29% or +0.03 to close at J$10.53 with 410,308 units traded. (Today’s range: J$10.42 – J$10.65)
  4. Carreras Ltd (CAR) shares valued at J$3.10m were traded. The stock moved +0.02% or +0.01 to close at J$65.00 with 60,983 units traded.
  5. Sagicor Group Jamaica Ltd (SJ) shares valued at J$3.2m were traded. The stock moved -0.04% or -0.01 to close at J$23.46 with 139,040 units traded. (Today’s range: J$23.01 – J$23.51)

Top 5 Volume Traded

  1. National Commercial Bank of Jamaica Ltd (NCBJ) – 3.9m units traded. The shares moved +2.15% or +0.86 to close at J$40.92 (Today’s range: J$40.00 – J$41.10)
  2. Cable & Wireless Jamaica (CWJ) – 507.9k units traded. The shares moved -0.7% or -0.01 to close at J$1.42 (Today’s range: J$1.40 – J$1.50)
  3. Lasco Distributors Ltd (LASD) – 489.9k units traded. The shares moved +2.41% or +0.13 to close at J$5.52 (Today’s range: J$5.39 – J$6.00)
  4. GraceKennedy Ltd (GK) – 432.8k units traded. The shares moved +0.01% or +0.01 to close at J$83.24 (Today’s range: J$83.00 – J$83.95)
  5. Jamaica Money Market Brokers Group Ltd (JMMBGL) – 410.3k units traded. The shares moved +0.29% or +0.03 to close at J$10.53 (Today’s range: J$10.42 – J$10.65)

Top 5 Declining Stocks (view all declining stocks here)

  1. Berger Paints Ltd (BRG) declined -18.03% or -0.88 to close at J$4.00 (trading between J$4.00 and J$4.00) with 16,210 shares traded
  2. Jamaican Teas Ltd (JAMT) declined -10.21% or -0.74 to close at J$6.51 (trading between J$6.50 and J$6.75) with 23,566 shares traded
  3. Supreme Ventures Ltd (SVL) declined -9.26% or -0.55 to close at J$5.39 (trading between J$5.20 and J$5.90) with 65,999 shares traded
  4. Mayberry Investments Ltd (MIL) declined -6.09% or -0.30 to close at J$4.63 (trading between J$4.09 and J$4.83) with 58,956 shares traded
  5. General Accident Insurance Company Jamaica Ltd (GENAC) declined -2.14% or -0.06 to close at J$2.74 (trading between J$2.60 and J$2.80) with 168,361 shares traded

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

  1. Proven Investments Ltd (Proven) traded as low as -4.55% below yesterday’s closing price of US$0.2200 (between US$0.2100 and US$0.2200) . It closed at US$0.2200.
  2. (TTECH) traded between -1.07% and -3.22% below yesterday’s closing price of J$4.66 (from J$4.51 to J$4.61) . It closed at J$4.58.
  3. Lasco Manufacturing Ltd (LASM) traded between 6.10% and -2.44% below yesterday’s closing price of J$4.10 (from J$4.00 to J$4.35) . It closed at J$4.04.
  4. Lasco Financial Services Ltd (LASF) traded between 0.65% and -2.27% below yesterday’s closing price of J$3.08 (from J$3.01 to J$3.10) . It closed at J$3.08.
  5. Cable & Wireless Jamaica (CWJ) traded between 4.90% and -2.10% below yesterday’s closing price of J$1.43 (from J$1.40 to J$1.50) . It closed at J$1.42.

52-Week High/Lows

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

  1. Honey Bun (1982) Ltd – J$16.50.
  2. Jamaica Producers Group Ltd – J$35.50. (Today’s range: J$32.00 – J$35.50)

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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