Market Update(JSE): IronRock Insurance Listed, Up 18%! JBG, CWJ Lead Volumes – Mar 15, 2016

March 15, 2016

Stock market performance report for Tuesday 15th of March 2016 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 6.9m shares / $105.9m traded. (13 Advanced / 16 Declined / 5 Firm) .
  • There were 2 new 52-week highs today.

Market Performance

  • Ordinary Shares – Main Market – 7,150,197 shares, 24 stocks traded, 18 not traded.
  • Ordinary Shares – Junior Market – 285,598 shares, 10 stocks traded, 10 not traded.
  • Preference Shares – Junior Market – 0 shares, 0 stocks traded, 3 not traded.
  • Preference Shares – Main Market – 50,500 shares, 21 stocks traded, 8 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. IronRock Insurance Company Limited (ROC) shares advanced 18.33% or +0.55 to close at J$3.55 with 11,000 shares traded. (Today’s range: J$3.51 – J$3.55)
  2. Lasco Manufacturing Ltd (LASM) shares advanced 10.12% or +0.35 to close at J$3.81 with 129,251 shares traded. (Today’s range: J$3.50 – J$3.90)
  3. Radio Jamaica Ltd (RJR) shares advanced 9.11% or +0.36 to close at J$4.31 with 29,880 shares traded. (Today’s range: J$4.29 – J$4.35)
  4. Supreme Ventures Ltd (SVL) shares advanced 7.04% or +0.33 to close at J$5.02 with 33,900 shares traded. (Today’s range: J$4.40 – J$5.15)
  5. Cargo Handlers Ltd (CHL) shares advanced 6.28% or +2.54 to close at J$43.00 with 126 shares traded.

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

  1. Scotia Investments Jamaica Ltd (SIJL) traded between -10.71% and 5.32% above yesterday’s closing price of J$28.00 ( from J$25.00 to J$29.49) . It closed at J$25.05.
  2. Knutsford Express Services Ltd (KEX) traded at 5.26% above yesterday’s closing price of J$19.00. It closed at J$20.00.
  3. Proven Investments Ltd (Proven) traded between -4.76% and 4.76% above yesterday’s closing price of US$0.2100 ( from US$0.2000 to US$0.2200) . It closed at US$0.2000.
  4. Caribbean Cement Company Ltd (CCC) traded between 1.93% and 4.60% above yesterday’s closing price of J$19.13 ( from J$19.50 to J$20.01) . It closed at J$19.99.
  5. General Accident Insurance Company Jamaica Ltd (GENAC) traded between 1.85% and 3.70% above yesterday’s closing price of J$2.70 ( from J$2.75 to J$2.80) . It closed at J$2.75.

Top 5 Value Traded

  1. Jamaica Broilers Ltd (JBG) shares valued at J$47.7m were traded. The stock moved -2.83% or -0.41 to close at J$14.09 with 3,323,214 units traded. (Today’s range: J$14.08 – J$14.60)
  2. National Commercial Bank of Jamaica Ltd (NCBJ) shares valued at J$22.3m were traded. The stock closed at J$41.00 with 547,321 units traded. (Today’s range: J$40.50 – J$41.00)
  3. Scotia Investments Jamaica Ltd (SIJL) shares valued at J$13.7m were traded. The stock moved -10.54% or -2.95 to close at J$25.05 with 503,451 units traded. (Today’s range: J$25.00 – J$29.49)
  4. Scotia Group Jamaica (SGJ) shares valued at J$9.1m were traded. The stock moved -3.06% or -0.95 to close at J$30.05 with 296,974 units traded. (Today’s range: J$30.00 – J$31.00)
  5. GraceKennedy Ltd (GK) shares valued at J$4.2m were traded. The stock moved +0.48% or +0.40 to close at J$83.49 with 50,000 units traded.

Top 5 Volume Traded

  1. Jamaica Broilers Ltd (JBG) – 3.3m units traded. The shares moved -2.83% or -0.41 to close at J$14.09 (Today’s range: J$14.08 – J$14.60)
  2. Cable & Wireless Jamaica (CWJ) – 1.3m units traded. The shares moved -3.52% or -0.05 to close at J$1.37 (Today’s range: J$1.37 – J$1.41)
  3. National Commercial Bank of Jamaica Ltd (NCBJ) – 547.3k units traded. The shares moved – or – to close at J$41.00 (Today’s range: J$40.50 – J$41.00)
  4. Proven Investments Ltd (Proven) – 530.5k units traded. The shares moved -4.76% or -0.0100 to close at US$0.2000 (Today’s range: US$0.2000 – US$0.2200)
  5. Scotia Investments Jamaica Ltd (SIJL) – 503.5k units traded. The shares moved -10.54% or -2.95 to close at J$25.05 (Today’s range: J$25.00 – J$29.49)

Top 5 Declining Stocks (view all declining stocks here)

  1. Scotia Investments Jamaica Ltd (SIJL) declined -10.54% or -2.95 to close at J$25.05 (trading between J$25.00 and J$29.49) with 503,451 shares traded
  2. Honey Bun (1982) Ltd (HONBUN) declined -4.80% or -0.70 to close at J$13.88 (trading between J$13.60 and J$14.00) with 20,660 shares traded
  3. Proven Investments Ltd (Proven) declined -4.76% or -0.0100 to close at US$0.2000 (trading between US$0.2000 and US$0.2200) with 530,450 shares traded
  4. Sagicor Group Jamaica Ltd (SJ) declined -3.81% or -0.88 to close at J$22.20 (trading between J$22.05 and J$23.10) with 94,090 shares traded
  5. Cable & Wireless Jamaica (CWJ) declined -3.52% or -0.05 to close at J$1.37 (trading between J$1.37 and J$1.41) with 1,317,035 shares traded

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

  1. Berger Paints Ltd (BRG) traded between 2.04% and -13.27% below yesterday’s closing price of J$3.92 (from J$3.40 to J$4.00) . It closed at J$3.81.
  2. Supreme Ventures Ltd (SVL) traded between 9.81% and -6.18% below yesterday’s closing price of J$4.69 (from J$4.40 to J$5.15) . It closed at J$5.02.
  3. Caribbean Cream Ltd (KREMI) traded between 1.00% and -5.22% below yesterday’s closing price of J$4.02 (from J$3.81 to J$4.06) . It closed at J$3.95.
  4. Ciboney Group Ltd (CBNY) traded as low as -4.55% below yesterday’s closing price of J$0.22 (between J$0.21 and J$0.22) . It closed at J$0.22.
  5. Sagicor X Fund (XFUND) traded at -3.47% below yesterday’s closing price of J$10.36. It closed at J$10.00.

52-Week High/Lows

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

  1. Cargo Handlers Ltd – J$43.00.
  2. Knutsford Express Services Ltd – J$20.00.

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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