Market Update(JSE): Carib Cement Down 22%. GLNR, KREMI Also Down More Than 10% – Mar 01, 2016

March 1, 2016

Stock market performance report for Tuesday 1st of March 2016 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 4.3m shares / $44.26m traded. (13 Advanced / 21 Declined / 4 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 1 new 52-week highs and no 52-week lows today.

Market Performance

  • Ordinary Shares – Main Market – 3,771,374 shares, 26 stocks traded, 15 not traded.
  • Ordinary Shares – Junior Market – 534,337 shares, 12 stocks traded, 8 not traded.
  • Preference Shares – Junior Market – 0 shares, 0 stocks traded, 3 not traded.
  • Preference Shares – Main Market – 55,839 shares, 23 stocks traded, 9 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Blue Power Group Ltd (BPOW) shares advanced 18.28% or +1.70 to close at J$11.00 with 188,655 shares traded.
  2. Ciboney Group Ltd (CBNY) shares advanced 10.53% or +0.02 to close at J$0.21 with 4,939 shares traded.
  3. Margaritaville (Turks) Ltd (MTL) shares advanced 7.14% or +0.0100 to close at US$0.1500 with 2,640 shares traded.
  4. General Accident Insurance Company Jamaica Ltd (GENAC) shares advanced 3.93% or +0.11 to close at J$2.91 with 5,000 shares traded. (Today’s range: J$2.85 – J$3.00)
  5. Lasco Distributors Ltd (LASD) shares advanced 3.78% or +0.20 to close at J$5.49 with 108,550 shares traded.

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

  1. Pulse Investments (PULS) traded between -14.86% and 5.95% above yesterday’s closing price of J$3.70 ( from J$3.15 to J$3.92) . It closed at J$3.76.
  2. Mayberry Investments Ltd (MIL) traded between -5.65% and 4.60% above yesterday’s closing price of J$4.78 ( from J$4.51 to J$5.00) . It closed at J$4.83.
  3. Jamaica Stock Exchange Ltd (JSE) traded between -4.89% and 4.17% above yesterday’s closing price of J$22.08 ( from J$21.00 to J$23.00) . It closed at J$22.89.
  4. 138 Student Living Jamaica Limited (138SL) traded at 3.57% above yesterday’s closing price of J$5.60. It closed at J$5.80.
  5. National Commercial Bank of Jamaica Ltd (NCBJ) traded between -1.01% and 1.43% above yesterday’s closing price of J$40.42 ( from J$40.01 to J$41.00) . It closed at J$40.40.

Top 5 Value Traded

  1. Scotia Group Jamaica (SGJ) shares valued at J$12.9m were traded. The stock moved -0.61% or -0.19 to close at J$31.00 with 417,956 units traded. (Today’s range: J$30.80 – J$31.00)
  2. Mayberry Investments Ltd (MIL) shares valued at J$7.1m were traded. The stock moved +1.05% or +0.05 to close at J$4.83 with 1,499,312 units traded. (Today’s range: J$4.51 – J$5.00)
  3. Sagicor Group Jamaica Ltd (SJ) shares valued at J$6.7m were traded. The stock moved +0.09% or +0.02 to close at J$23.22 with 289,270 units traded. (Today’s range: J$23.02 – J$23.30)
  4. GraceKennedy Ltd (GK) shares valued at J$5.4m were traded. The stock moved +0.01% or +0.01 to close at J$84.00 with 64,555 units traded.
  5. Blue Power Group Ltd (BPOW) shares valued at J$2.1m were traded. The stock moved +18.28% or +1.70 to close at J$11.00 with 188,655 units traded.

Top 5 Volume Traded

  1. Mayberry Investments Ltd (MIL) – 1.5m units traded. The shares moved +1.05% or +0.05 to close at J$4.83 (Today’s range: J$4.51 – J$5.00)
  2. Gleaner Company (GLNR) – 1.0m units traded. The shares moved -13.91% or -0.32 to close at J$1.98 (Today’s range: J$1.95 – J$2.11)
  3. Scotia Group Jamaica (SGJ) – 417.10k units traded. The shares moved -0.61% or -0.19 to close at J$31.00 (Today’s range: J$30.80 – J$31.00)
  4. Sagicor Group Jamaica Ltd (SJ) – 289.3k units traded. The shares moved +0.09% or +0.02 to close at J$23.22 (Today’s range: J$23.02 – J$23.30)
  5. Blue Power Group Ltd (BPOW) – 188.7k units traded. The shares moved +18.28% or +1.70 to close at J$11.00

Top 5 Declining Stocks (view all declining stocks here)

  1. Caribbean Cement Company Ltd (CCC) declined -22.03% or -6.01 to close at J$21.27 (trading between J$20.00 and J$25.00) with 84,835 shares traded
  2. Gleaner Company (GLNR) declined -13.91% or -0.32 to close at J$1.98 (trading between J$1.95 and J$2.11) with 1,010,620 shares traded
  3. Caribbean Cream Ltd (KREMI) declined -12.24% or -0.52 to close at J$3.73 (trading between J$3.73 and J$3.73) with 1,000 shares traded
  4. Jamaica Money Market Brokers Group Ltd (JMMBGL) declined -7.95% or -0.92 to close at J$10.65 (trading between J$10.42 and J$11.00) with 111,852 shares traded
  5. Barita Investments Ltd (BIL) declined -6.30% or -0.25 to close at J$3.72 (trading between J$3.72 and J$3.72) with 25,000 shares traded

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

  1. Pulse Investments (PULS) traded between 5.95% and -14.86% below yesterday’s closing price of J$3.70 (from J$3.15 to J$3.92) . It closed at J$3.76.
  2. K.L.E. Group Ltd (KLE) traded as low as -13.64% below yesterday’s closing price of J$2.20 (between J$1.90 and J$2.20) . It closed at J$2.08.
  3. Scotia Investments Jamaica Ltd (SIJL) traded as low as -11.23% below yesterday’s closing price of J$30.00 (between J$26.63 and J$30.00) . It closed at J$28.45.
  4. Lasco Financial Services Ltd (LASF) traded between -1.87% and -6.54% below yesterday’s closing price of J$3.21 (from J$3.00 to J$3.15) . It closed at J$3.10.
  5. Access Financial Services Ltd (AFS) traded at -5.71% below yesterday’s closing price of J$17.50. It closed at J$16.50.

52-Week High/Lows

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

  1. General Accident Insurance Company Jamaica Ltd – J$3.00. (Today’s range: J$2.85 – J$3.00)

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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