Jamaica Stock Exchange Market Review
The Jamaica Stock Exchange saw diminishing returns this week as all the indices declined.
For the period December 05, 2011 to December 09, 2011 JA$ market volume (excluding blocks) amounted to 35,285,018.00 units valued at $689,592,264.69. There were no block transactions for the period. US$ market volume (excluding blocks) amounted to 0.00 units valued at $0.00. There were no block transactions for the period.
The Following Companies Represents The Overall Market Volume Leaders: –
- National Commercial Bank Jamaica Ltd. with 19,744,556 units, amounting to 55.96% of the market volume
- Jamaica Money Market Brokers Ltd with 7,035,634 units, amounting to 19.94% of the market volume
- Cable & Wireless (Jamaica) Limited with 2,780,354 units, amounting to 7.88% of the market volume
Top 5 Companies – Dollar Value Traded
The top 5 companies in terms of J$ value traded were;
- National Commercial Bank Jamaica Ltd. – $545,997,281.47 (19,744,556 units)
- Jamaica Money Market Brokers Ltd – $87,945,347.45 (7,035,634 units)
- Sagicor Life Jamaica Limited – $10,965,269.81 (1,063,311 units)
- GraceKennedy Limited – $7,057,876.50 (115,826 units)
- Pan Jamaican Investment Trust Co. Ltd. – $6,213,985.00 (99,882 units)
Overall Market activity resulted from trading in 40 stocks of which 15 advanced, 15 declined and 10 traded firm.
Top 10 Advancing Companies
The top 10 companies that advanced in value last week are below. If you bought or already own any of these companies, you would have seen your investment advance accordingly. The companies are;
- Palace Amusement Co. Ltd. – 39.63% (+$14.19) > to close at $50
- Gleaner Company Ltd. – 9.45% (+$0.19) > to close at $2.2
- Berger Paints Jamaica Ltd. – 5.44% (+$0.16) > to close at $3.1
- Caribbean Cement Company Ltd. – 3.33% (+$0.1) > to close at $3.1
- Mayberry Investments Limited – 2.89% (+$0.09) > to close at $3.2
- Supreme Ventures Limited – 1.72% (+$0.05) > to close at $2.96
- Carreras Limited – 1.48% (+$0.93) > to close at $63.64
- Capital & Credit Financial Group Limited – 1.12% (+$0.05) > to close at $4.5
- Lasco Manufacturing Limited – 0.74% (+$0.1) > to close at $13.56
- Jamaica Producers Group Ltd. – 0.45% (+$0.11) > to close at $24.61
Top Declining Companies
The top 10 companies that declined in value last week are below. If you bought or already own any of these companies, you would have seen your investment decline accordingly. The companies are;
- Ciboney Group Limited – 16.67% (+$-0.01) > to close at $0.05
- AMG Packaging & Paper Company Limited – 13.05% (+$-0.68) > to close at $4.53
- Honey Bun -1982 Limited – 8.36% (+$-0.46) > to close at $5.04
- Barita Investments Limited – 7.02% (+$-0.32) > to close at $4.24
- Dolphin Cove Limited – 5.65% (+$-0.52) > to close at $8.68
- Scotia Investments Jamaica Ltd. – 5.29% (+$-1.56) > to close at $27.94
- Scotia Group Jamaica Limited – 4.84% (+$-1.27) > to close at $24.99
- Cargo Handlers Limited – 3.63% (+$-0.49) > to close at $13.01
- GraceKennedy Limited – 1.93% (+$-1.19) > to close at $60.31
- National Commercial Bank Jamaica Ltd. – 1.14% (+$-0.32) > to close at $27.64
There were 185 transactions on the Junior market, 397 on the regular market, and 0 Block transaction(s) making it a total of 582 transactions in total this week.
Index Performance
Trading activity for the period December 05, 2011 to December 09, 2011, saw the following:
- The JSE Combined Index declined by 889.43 points or (0.90%) to close at 97,714.44 points.
- The JSE Index declined by 868.25 points or (0.90%) to close at 95,804.02 points.
- The JSE All Jamaican Composite Index declined by 1,443.03 points or (1.38%) to close at 102,892.10 points.
- The JSE Select Index declined by 50.58 points or (1.71%) to close at 2,905.94 points.
- The JSE Cross Listed Index declined by 0.01 points or (0.00%) to close at 796.37 points.
- The Junior Market Index declined by 7.73 points or (1.00%) to close at 766.22 points.
- The JSE USD Equities Index advanced by 0.01 points or (0.01%) to close at 78.57 points.