Market Update(JSE): 3.6m Shares (J$73.6m) Traded – Mar 09, 2016

March 9, 2016

Stock market performance report for Wednesday 9th of March 2016 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 3.6m shares / $73.6m traded. (14 Advanced / 20 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 – 3,484,511 shares, 27 stocks traded, 14 not traded.
  • Ordinary Shares – Junior Market – 635,028 shares, 12 stocks traded, 8 not traded.
  • Preference Shares – Junior Market – 0 shares, 0 stocks traded, 3 not traded.
  • Preference Shares – Main Market – 0 shares, 27 stocks traded, 10 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Blue Power Group Ltd (BPOW) shares advanced 10.00% or +1.00 to close at J$11.00 with 200 shares traded.
  2. Proven Investments Ltd (Proven) shares advanced 10.00% or +0.0200 to close at US$0.2200 with 530,000 shares traded.
  3. Honey Bun (1982) Ltd (HONBUN) shares advanced 5.21% or +0.73 to close at J$14.74 with 2,966 shares traded. (Today’s range: J$14.21 – J$15.00)
  4. Scotia Investments Jamaica Ltd (SIJL) shares advanced 5.13% or +1.36 to close at J$27.86 with 7,000 shares traded. (Today’s range: J$27.00 – J$28.00)
  5. Ciboney Group Ltd (CBNY) shares advanced 4.76% or +0.01 to close at J$0.22 with 2,769 shares traded.

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

  1. (TTECH) traded between -1.85% and 2.77% above yesterday’s closing price of J$4.33 ( from J$4.25 to J$4.45) . It closed at J$4.27.
  2. Sagicor Group Jamaica Ltd (SJ) traded between -0.86% and 2.59% above yesterday’s closing price of J$23.20 ( from J$23.00 to J$23.80) . It closed at J$23.34.
  3. Caribbean Cement Company Ltd (CCC) traded between -19.59% and 2.40% above yesterday’s closing price of J$22.46 ( from J$18.06 to J$23.00) . It closed at J$20.80.
  4. Carreras Ltd (CAR) traded as high as 1.56% above yesterday’s closing price of J$64.00 (between J$64.00 and J$65.00) . It closed at J$64.62.
  5. 138 Student Living Jamaica Limited (138SL) traded at 1.40% above yesterday’s closing price of J$5.72. It closed at J$5.80.

Top 5 Value Traded

  1. National Commercial Bank of Jamaica Ltd (NCBJ) shares valued at J$51.8m were traded. The stock moved +1.28% or +0.52 to close at J$41.00 with 1,262,910 units traded.
  2. Sagicor Group Jamaica Ltd (SJ) shares valued at J$6.4m were traded. The stock moved +0.60% or +0.14 to close at J$23.34 with 274,371 units traded. (Today’s range: J$23.00 – J$23.80)
  3. Caribbean Cement Company Ltd (CCC) shares valued at J$4.5m were traded. The stock moved -7.39% or -1.66 to close at J$20.80 with 218,612 units traded. (Today’s range: J$18.06 – J$23.00)
  4. Jamaica Broilers Ltd (JBG) shares valued at J$3.3m were traded. The stock moved +0.21% or +0.03 to close at J$14.53 with 223,919 units traded. (Today’s range: J$14.50 – J$14.60)
  5. Lasco Manufacturing Ltd (LASM) shares valued at J$1.6m were traded. The stock moved -5.43% or -0.22 to close at J$3.83 with 413,770 units traded. (Today’s range: J$3.81 – J$4.05)

Top 5 Volume Traded

  1. National Commercial Bank of Jamaica Ltd (NCBJ) – 1.3m units traded. The shares moved +1.28% or +0.52 to close at J$41.00
  2. Cable & Wireless Jamaica (CWJ) – 552.0k units traded. The shares moved – or – to close at J$1.40 (Today’s range: J$1.38 – J$1.40)
  3. Proven Investments Ltd (Proven) – 530.0k units traded. The shares moved +10% or +0.0200 to close at US$0.2200
  4. Lasco Manufacturing Ltd (LASM) – 413.8k units traded. The shares moved -5.43% or -0.22 to close at J$3.83 (Today’s range: J$3.81 – J$4.05)
  5. Sagicor Group Jamaica Ltd (SJ) – 274.4k units traded. The shares moved +0.6% or +0.14 to close at J$23.34 (Today’s range: J$23.00 – J$23.80)

Top 5 Declining Stocks (view all declining stocks here)

  1. Pulse Investments (PULS) declined -31.91% or -1.20 to close at J$2.56 (trading between J$2.40 and J$2.75) with 22,294 shares traded
  2. Caribbean Cream Ltd (KREMI) declined -16.51% or -0.69 to close at J$3.49 (trading between J$3.27 and J$4.15) with 64,802 shares traded
  3. Mayberry Investments Ltd (MIL) declined -8.71% or -0.42 to close at J$4.40 (trading between J$4.05 and J$4.55) with 36,200 shares traded
  4. Jamaica Stock Exchange Ltd (JSE) declined -8.30% or -1.90 to close at J$21.00 (trading between J$21.00 and J$21.00) with 5,000 shares traded
  5. Caribbean Cement Company Ltd (CCC) declined -7.39% or -1.66 to close at J$20.80 (trading between J$18.06 and J$23.00) with 218,612 shares traded

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

  1. Jamaica Producers Group Ltd (JP) traded between -5.66% and -11.38% below yesterday’s closing price of J$34.98 (from J$31.00 to J$33.00) . It closed at J$32.58.
  2. Supreme Ventures Ltd (SVL) traded between -0.20% and -11.00% below yesterday’s closing price of J$5.00 (from J$4.45 to J$4.99) . It closed at J$4.79.
  3. Consolidated Bakeries (Jamaica) Ltd (PURITY) traded between -5.06% and -8.23% below yesterday’s closing price of J$1.58 (from J$1.45 to J$1.50) . It closed at J$1.49.
  4. Gleaner Company (GLNR) traded at -6.98% below yesterday’s closing price of J$2.15. It closed at J$2.00.
  5. Margaritaville (Turks) Ltd (MTL) traded at -6.67% below yesterday’s closing price of US$0.1500. It closed at US$0.1400.

 

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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