Market Update(JSE): 10.9m Shares (J$57.6m) Traded On JSE – Mar 11, 2016

March 11, 2016

Stock market performance report for Friday 11th of March 2016 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 10.9m shares / $57.6m traded. (14 Advanced / 9 Declined / 5 Firm) .
  • Analyst Rating Updates: As at Friday 4th of March 2016 Barita Investments Ltd has updated its ratings on stocks as follows. MIL was downgraded. 36 companies were rated as BUYS, 7 as SELL and 15 as HOLD. You can view analyst ratings here
  • There were no new 52-week highs and no 52-week lows today.

Market Performance

  • Ordinary Shares – Main Market – 3,104,878 shares, 21 stocks traded, 20 not traded.
  • Ordinary Shares – Junior Market – 8,492,562 shares, 7 stocks traded, 13 not traded.
  • Preference Shares – Junior Market – 0 shares, 0 stocks traded, 3 not traded.
  • Preference Shares – Main Market – 10,000 shares, 18 stocks traded, 9 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Caribbean Cream Ltd (KREMI) shares advanced 17.48% or +0.61 to close at J$4.10 with 5,911 shares traded.
  2. Pulse Investments (PULS) shares advanced 16.40% or +0.41 to close at J$2.91 with 77,000 shares traded.
  3. Jamaican Teas Ltd (JAMT) shares advanced 7.14% or +0.50 to close at J$7.50 with 5,500 shares traded.
  4. Gleaner Company (GLNR) shares advanced 2.50% or +0.05 to close at J$2.05 with 184,073 shares traded. (Today’s range: J$2.01 – J$2.05)
  5. Radio Jamaica Ltd (RJR) shares advanced 1.30% or +0.05 to close at J$3.90 with 25,862 shares traded.

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

  1. Cable & Wireless Jamaica (CWJ) traded as high as 7.14% above yesterday’s closing price of J$1.40 (between J$1.40 and J$1.50) . It closed at J$1.41.
  2. Caribbean Cement Company Ltd (CCC) traded between -3.50% and 4.11% above yesterday’s closing price of J$19.69 ( from J$19.00 to J$20.50) . It closed at J$19.20.
  3. Berger Paints Ltd (BRG) traded as high as 2.50% above yesterday’s closing price of J$4.00 (between J$4.00 and J$4.10) . It closed at J$4.05.
  4. Lasco Financial Services Ltd (LASF) traded between -0.99% and 2.31% above yesterday’s closing price of J$3.03 ( from J$3.00 to J$3.10) . It closed at J$3.05.
  5. Scotia Group Jamaica (SGJ) traded between -0.56% and 1.24% above yesterday’s closing price of J$30.62 ( from J$30.45 to J$31.00) . It closed at J$30.91.

Top 5 Value Traded

  1. Lasco Manufacturing Ltd (LASM) shares valued at J$27.7m were traded. The stock moved -8.81% or -0.31 to close at J$3.21 with 8,272,640 units traded. (Today’s range: J$3.20 – J$3.50)
  2. Sagicor Group Jamaica Ltd (SJ) shares valued at J$12.7m were traded. The stock moved +0.04% or +0.01 to close at J$23.07 with 548,431 units traded. (Today’s range: J$23.00 – J$23.20)
  3. National Commercial Bank of Jamaica Ltd (NCBJ) shares valued at J$4.2m were traded. The stock moved +0.12% or +0.05 to close at J$40.99 with 102,600 units traded. (Today’s range: J$40.50 – J$41.03)
  4. Caribbean Cement Company Ltd (CCC) shares valued at J$2.10m were traded. The stock moved -2.49% or -0.49 to close at J$19.20 with 151,107 units traded. (Today’s range: J$19.00 – J$20.50)
  5. Kingston Wharves Ltd (KW) shares valued at J$2.5m were traded. The stock moved – or – to close at J$11.45 with 214,520 units traded. (Today’s range: J$11.45 – J$11.50)

Top 5 Volume Traded

  1. Lasco Manufacturing Ltd (LASM) – 8.3m units traded. The shares moved -8.81% or -0.31 to close at J$3.21 (Today’s range: J$3.20 – J$3.50)
  2. Cable & Wireless Jamaica (CWJ) – 802.1k units traded. The shares moved +0.71% or +0.01 to close at J$1.41 (Today’s range: J$1.40 – J$1.50)
  3. Proven Investments Ltd (Proven) – 714.1k units traded. The shares moved -9.09% or -0.0200 to close at US$0.2000
  4. Sagicor Group Jamaica Ltd (SJ) – 548.4k units traded. The shares moved +0.04% or +0.01 to close at J$23.07 (Today’s range: J$23.00 – J$23.20)
  5. Kingston Wharves Ltd (KW) – 214.5k units traded. The shares moved – or – to close at J$11.45 (Today’s range: J$11.45 – J$11.50)

Top 5 Declining Stocks (view all declining stocks here)

  1. Proven Investments Ltd (Proven) declined -9.09% or -0.0200 to close at US$0.2000 (trading between US$0.2000 and US$0.2000) with 714,100 shares traded
  2. Lasco Manufacturing Ltd (LASM) declined -8.81% or -0.31 to close at J$3.21 (trading between J$3.20 and J$3.50) with 8,272,640 shares traded
  3. Supreme Ventures Ltd (SVL) declined -3.89% or -0.19 to close at J$4.70 (trading between J$4.69 and J$4.70) with 33,725 shares traded
  4. Caribbean Cement Company Ltd (CCC) declined -2.49% or -0.49 to close at J$19.20 (trading between J$19.00 and J$20.50) with 151,107 shares traded
  5. Carreras Ltd (CAR) declined -0.75% or -0.49 to close at J$64.50 (trading between J$64.50 and J$64.50) with 11,000 shares traded

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

  1. Jamaica Stock Exchange Ltd (JSE) traded between 0.99% and -1.26% below yesterday’s closing price of J$22.28 (from J$22.00 to J$22.50) . It closed at J$22.48.
  2. National Commercial Bank of Jamaica Ltd (NCBJ) traded between 0.22% and -1.07% below yesterday’s closing price of J$40.94 (from J$40.50 to J$41.03) . It closed at J$40.99.
  3. Lasco Financial Services Ltd (LASF) traded between 2.31% and -0.99% below yesterday’s closing price of J$3.03 (from J$3.00 to J$3.10) . It closed at J$3.05.
  4. Lasco Distributors Ltd (LASD) traded as low as -0.83% below yesterday’s closing price of J$6.00 (between J$5.95 and J$6.00) . It closed at J$5.99.
  5. GraceKennedy Ltd (GK) traded as low as -0.60% below yesterday’s closing price of J$83.50 (between J$83.00 and J$83.50) . It closed at J$83.01.

 

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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