NCBJ Gets the Nod for AGI, But Stock Sinks Further, Falls to J$18. GK Falls to 52-Week Low as Well – Feb 8, 2013

Today J$257.96 million was traded on the Jamaica Stock Exchange J$ Market (16.03 million shares) for 21 securities.
US$863.55 was traded on the Jamaica Stock Exchange US$ Market (9,090 units) for 1 security.
This was broken down as follows;

  • Main Market – J$254.04 million – 14,627,850 shares traded. 13 Stock(s).
  • Junior Market – J$3.93 million – 1,391,741 shares traded. 7 Stock(s).
  • Preference Shares – J$0.00 hundred – 00 shares traded. 0 Stock(s).
  • USD Market – US$863.55 – 9,090 shares traded. 1 Stock(s).

Top 5 % Increases

  1. CCC ……. +3.33% or +J$0.03 to close at J$0.93 with 959,255 shares traded – Caribbean Cement Company Ltd.
  2. GENAC ….. +2.65% or +J$0.04 to close at J$1.55 with 714,000 shares traded – General Accident Insurance Company Jamaica Limited
  3. CPJ ……. +2.23% or +J$0.05 to close at J$2.29 with 488,900 shares traded – Caribbean Producers Jamaica
  4. LASF …… +0.84% or +J$0.05 to close at J$6.00 with 34,173 shares traded – Lasco Financial Services Limited
  5. AFS ……. +0.32% or +J$0.02 to close at J$6.28 with 5,000 shares traded – Access Financial Services Limited

Top 5 Value Traded

  1. NCBJ …… J$216,790,641.73 – -4.53% or -J$0.90 to close at J$18.96 with 11,699,441 shares traded – National Commercial Bank of Jamaica Ltd.
  2. GK …….. J$13,997,032.38 – -0.66% or -J$0.32 to close at J$48.07 with 290,124 shares traded – GraceKennedy Ltd.
  3. SGJ ……. J$13,233,771.72 – -0.76% or -J$0.16 to close at J$20.96 with 632,892 shares traded – Scotia Group Jamaica
  4. CAR ……. J$2,495,934.00 – +0.09% or +J$0.05 to close at J$56.00 with 44,730 shares traded – Carreras Limited
  5. LASM …… J$1,303,564.50 – -1.45% or -J$0.16 to close at J$10.85 with 119,868 shares traded – Lasco Manufacturing Limited

Top 5 Volume Traded

  1. NCBJ …… 11,699,441 shares – -4.53% or -J$0.90 to close at J$18.96 – National Commercial Bank of Jamaica Ltd.
  2. CCC ……. 959,255 shares – +3.33% or +J$0.03 to close at J$0.93 – Caribbean Cement Company Ltd.
  3. GLNR …… 825,885 shares – -4.17% or -J$0.05 to close at J$1.15 – Gleaner Company
  4. GENAC ….. 714,000 shares – +2.65% or +J$0.04 to close at J$1.55 – General Accident Insurance Company Jamaica Limited
  5. SGJ ……. 632,892 shares – -0.76% or -J$0.16 to close at J$20.96 – Scotia Group Jamaica

Top 5 % Decreases

  1. NCBJ …… -4.53% or -J$0.90 to close at J$18.96 with 11,699,441 shares traded – National Commercial Bank of Jamaica Ltd.
  2. GLNR …… -4.17% or -J$0.05 to close at J$1.15 with 825,885 shares traded – Gleaner Company
  3. RJR ……. -2.86% or -J$0.05 to close at J$1.70 with 7,900 shares traded – Radio Jamaica Ltd.
  4. JBG ……. -1.74% or -J$0.08 to close at J$4.51 with 18,188 shares traded – Jamaica Broilers Ltd.
  5. KW …….. -1.47% or -J$0.08 to close at J$5.37 with 5,000 shares traded – Kingston Wharves Ltd.

52 Week high / low

  1. GraceKennedy Ltd. traded at its 52-week low of $47.99.
  2. National Commercial Bank of Jamaica Ltd. traded at its 52-week low of $18.

Other News

  • National Commercial Bank Jamaica Limited (NCBJ) has advised that regulatory approval has now been received for the previously announced transaction in which NCB Capital Markets Limited, a wholly owned subsidiary of NCBJ, will acquire the majority interest in Advantage General Insurance Company Limited. NCBJ expects the transaction to be completed within the next few days.
  • LIME has advised that its Chief Executive Officer, David Shaw, has decided to step down after 4 years of leading the company. Mr. Shaw will remain with the business for the next six months to facilitate a smooth handover of responsibilities. Tony Rice, Chief Executive of LIME`s parent company, Cable & Wireless Communications (CWC), will take over the leadership of the business.
  • The Board of Directors of Access Financial Services Limited has declared an interim dividend of $0.65 per share payable on February 27, 2013 toΒ  shareholders on record as at February 21, 2013. The ex-dividend date isΒ  February 19, 2013.
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