Market Update(JSE): Market Down, Decliners Outnumber Advancers. PULS, CCC, LASF Down – Feb 24, 2016

February 24, 2016

Stock market performance report for Wednesday 24th of February 2016 below.

Jamaica Stock Exchange (JSE)

Summary

  • JSE Combined Index – 9.1m shares / $151.5m traded. (12 Advanced / 16 Declined / 9 Firm) .
  • Analyst Rating Updates: As at Friday 19th of February 2016 Barita Investments Ltd has updated its ratings on stocks as follows. 35 companies were rated as BUYS, 8 as SELL and 15 as HOLD. You can view analyst ratings here
  • There was 1 new 52-week high and no 52-week lows today.

Market Performance

  • Ordinary Shares – Main Market – 7,268,137 shares, 25 stocks traded, 16 not traded.
  • Ordinary Shares – Junior Market – 2,426,386 shares, 12 stocks traded, 8 not traded.
  • Preference Shares – Junior Market – 0 shares, 0 stocks traded, 3 not traded.
  • Preference Shares – Main Market – 167,678 shares, 21 stocks traded, 9 not traded.

Top 5 Advancing Stocks (view all advancing stocks here)

  1. Ciboney Group Ltd (CBNY) shares advanced 7.14% or +0.01 to close at J$0.15 with 210,000 shares traded.
  2. (CAC) shares advanced 6.70% or +0.47 to close at J$7.49 with 12,500 shares traded. (Today’s range: J$7.36 – J$7.50)
  3. Knutsford Express Services Ltd (KEX) shares advanced 5.89% or +1.03 to close at J$18.53 with 1,500 shares traded. (Today’s range: J$18.51 – J$18.57)
  4. Cable & Wireless Jamaica (CWJ) shares advanced 4.03% or +0.06 to close at J$1.55 with 103,800 shares traded. (Today’s range: J$1.50 – J$1.56)
  5. Mayberry Investments Ltd (MIL) shares advanced 2.13% or +0.10 to close at J$4.80 with 76,234 shares traded.

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

  1. General Accident Insurance Company Jamaica Ltd (GENAC) traded between -3.67% and 14.68% above yesterday’s closing price of J$2.18 ( from J$2.10 to J$2.50) . It closed at J$2.22.
  2. Lasco Manufacturing Ltd (LASM) traded between -2.12% and 7.14% above yesterday’s closing price of J$3.78 ( from J$3.70 to J$4.05) . It closed at J$3.82.
  3. Scotia Investments Jamaica Ltd (SIJL) traded as high as 2.56% above yesterday’s closing price of J$29.25 (between J$29.25 and J$30.00) . It closed at J$29.33.
  4. National Commercial Bank of Jamaica Ltd (NCBJ) traded between 1.23% and 2.47% above yesterday’s closing price of J$40.50 ( from J$41.00 to J$41.50) . It closed at J$41.02.
  5. Sagicor Group Jamaica Ltd (SJ) traded between 0.04% and 2.39% above yesterday’s closing price of J$23.00 ( from J$23.01 to J$23.55) . It closed at J$23.21.

Top 5 Value Traded

  1. Caribbean Cement Company Ltd (CCC) shares valued at J$36.3m were traded. The stock moved -8.82% or -3.00 to close at J$31.00 with 1,133,522 units traded. (Today’s range: J$30.00 – J$34.00)
  2. National Commercial Bank of Jamaica Ltd (NCBJ) shares valued at J$21.2m were traded. The stock moved +1.28% or +0.52 to close at J$41.02 with 514,148 units traded. (Today’s range: J$41.00 – J$41.50)
  3. Sagicor Group Jamaica Ltd (SJ) shares valued at J$18.3m were traded. The stock moved +0.91% or +0.21 to close at J$23.21 with 784,897 units traded. (Today’s range: J$23.01 – J$23.55)
  4. Access Financial Services Ltd (AFS) shares valued at J$15.1m were traded. The stock moved -2.50% or -0.50 to close at J$19.50 with 764,000 units traded. (Today’s range: J$19.50 – J$20.00)
  5. Carreras Ltd (CAR) shares valued at J$13.4m were traded. The stock moved -0.44% or -0.29 to close at J$65.01 with 205,078 units traded. (Today’s range: J$65.00 – J$65.50)

Top 5 Volume Traded

  1. Supreme Ventures Ltd (SVL) – 1.2m units traded. The shares moved -1.78% or -0.10 to close at J$5.51
  2. Caribbean Cement Company Ltd (CCC) – 1.1m units traded. The shares moved -8.82% or -3.00 to close at J$31.00 (Today’s range: J$30.00 – J$34.00)
  3. Sagicor Group Jamaica Ltd (SJ) – 784.9k units traded. The shares moved +0.91% or +0.21 to close at J$23.21 (Today’s range: J$23.01 – J$23.55)
  4. Access Financial Services Ltd (AFS) – 764.0k units traded. The shares moved -2.5% or -0.50 to close at J$19.50 (Today’s range: J$19.50 – J$20.00)
  5. General Accident Insurance Company Jamaica Ltd (GENAC) – 690.3k units traded. The shares moved +1.83% or +0.04 to close at J$2.22 (Today’s range: J$2.10 – J$2.50)

Top 5 Declining Stocks (view all declining stocks here)

  1. Pulse Investments (PULS) declined -14.09% or -0.62 to close at J$3.78 (trading between J$3.70 and J$4.25) with 5,900 shares traded
  2. Caribbean Cement Company Ltd (CCC) declined -8.82% or -3.00 to close at J$31.00 (trading between J$30.00 and J$34.00) with 1,133,522 shares traded
  3. Lasco Financial Services Ltd (LASF) declined -8.33% or -0.28 to close at J$3.08 (trading between J$2.95 and J$3.20) with 279,491 shares traded
  4. Lasco Distributors Ltd (LASD) declined -6.04% or -0.45 to close at J$7.00 (trading between J$7.00 and J$7.05) with 193,650 shares traded
  5. Jamaica Money Market Brokers Group Ltd (JMMBGL) declined -5.34% or -0.59 to close at J$10.46 (trading between J$10.41 and J$11.00) with 637,636 shares traded

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

  1. Proven Investments Ltd (Proven) traded as low as -9.09% below yesterday’s closing price of US$0.2200 (between US$0.2000 and US$0.2200) . It closed at US$0.2100.
  2. Caribbean Cream Ltd (KREMI) traded between -1.43% and -6.89% below yesterday’s closing price of J$4.21 (from J$3.92 to J$4.15) . It closed at J$4.08.
  3. Scotia Group Jamaica (SGJ) traded between 0.03% and -4.52% below yesterday’s closing price of J$32.99 (from J$31.50 to J$33.00) . It closed at J$31.55.
  4. General Accident Insurance Company Jamaica Ltd (GENAC) traded between 14.68% and -3.67% below yesterday’s closing price of J$2.18 (from J$2.10 to J$2.50) . It closed at J$2.22.
  5. Jamaica Producers Group Ltd (JP) traded between 1.61% and -3.23% below yesterday’s closing price of J$31.00 (from J$30.00 to J$31.50) . It closed at J$30.18.

52-Week High/Lows

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

  1. Knutsford Express Services Ltd – J$18.57. (Today’s range: J$18.51 – J$18.57)

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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