Wed | Jun 16, 2021

Caribbean Weekly Stock Market Report

Published:Wednesday | May 9, 2012 | 12:00 AM

April 30-May 4, 2012

Despite gains on Manufacturing and Junior Marketstocks, losses on Conglomerate, Banking and Insurance & Investments stocks saw the major Caribbean indices end the week lower.

For the week 9,208,378 shares valued at US$3,895,378 crossed the floors of the six stock exchanges across Caricom, with 30 stocks advancing, 55 declining and 39 remaining unchanged.

Sagicor Life Jamaica was the volume leader with 9,208,378 shares traded. Pulse posted the largest gain of 19.39% for the week, while on the losing end, Palace fell 16.68%.

For the week, 12 of the CSX 30 stocks advanced, 12 declined and six were unchanged.

The CSX 30 lost 1.48 points to close the week at 1,292.37, down 1.72% year to date. There were gains for JMMB 11.17%, C&W Jamaica 7.11% , Caribbean Cement 5.83% and Scotia Group Jamaica 2.02%. On the losing end Lascelles fell 3.12%, NCB Jamaica 2.90%, Grace Kennedy 2.85% and Gleaner 1.11%.

On the junior market, five stocks advanced and seven declined. The CJSX gained 3.52 points to close the week at 1,616.34, down 11.04% for the year. There were gains for AMG Packaging 10.21%, Honey Bun 4.46% , Caribbean Producers 3.14% and General Accident 1.43%.

Table 1: Broad Market Indices April 30-May4



Index

Change

Year To
Date

Volatility

Return per
Unit of Risk

Caribbean AllShare Index CASX

1,781.00

-0.06%

-0.8%

0.04%

-18.89

Caribbean Select Index CSX 30

1,292.37

-0.11%

-1.72%

0.24%

-7.21

Caribbean Junior Share Index CJSX

1,616.34

0.22%

-11.04%

0.83%

-13.34

S&P 500 Index (USA)

1,369.10

0.00%

8.87%

0.70%

12.74

FTSE 100 Index (UK)

5,655.10

0.00%

1.49%

0.90%

1.65

Brent Crude Futures Oil

$96.83

Gold 100 OZ Futures

$1,613.10

Table 2: Sector Indices April 30-May4



Index

Change

Year to
Date

Volatility

Return per
Unit of Risk

Caribbean Banking Index (CBSX)

1,270.3

0.32%

1.25%

0.60%

2.08

Caribbean Conglomerate Index (CCSX)

1,193.4

-0.41%

-0.11%

0.35%

-0.32

Caribbean Communications and Utilities Index (CCUX)

1,077.3

0.02%

-2.71%

0.22%

-12.43

Caribbean Insurance and Investments Index (CIIX)

1,036.4

-0.61%

-11.54%

0.66%

-17.56

Caribbean Manufacturing Index (CMSX)

1,318.8

0.59%

2.08%

0.43%

4.83

Caribbean Retail and Distribution Index (CRDX)

1,184.6

-0.31%

-0.78%

0.43%

-1.79

Caribbean Tourism and Real Estate Index (CTRX)

1,585.5

-0.01%

-0.91%

0.03%

-33.12

Stocks On The Move

Tables three and four provide some widely used financial metrics on the biggest movers for the week. Readers should note that prices are in US dollars.

Table 3: Advancing Stocks, April 30-May4



EXCH

Index

Close

30 Day Moving Average

Volume
For Week

Return
For
Week

Year to
Date

Volatility

Pulse

JSE

CIIX

$0.0183

$0.0168

123,543

19.39%

-35.2%

5.93%

JMMB

JSE

CIIX

$0.1231

$0.1229

58,785

11.17%

-14.0%

4.97%

Amg Packaging

JSE

CJSX

$0.0446

$0.0415

89,811

10.21%

-13.5%

3.01%

Colina Holdings

BISX

CIIX

$2.5900

$2.4633

2,173

7.92%

-5.26%

1.40%

St. Kitts &Nevis Bank

ESCE

CBSX

$0.9185

$0.8741

3,936

7.83%

3.33%

1.20%

CW Jamaica

JSE

CCUX

$0.0019

$0.0019

42,205

7.11%

-15.6%

5.28%

Caribbean Cement

JSE

CMSX

$0.0184

$0.0178

10,109

5.83%

-44.7%

4.60%

Kingston Wharves

JSE

CMSX

$0.0606

$0.0581

85,200

5.18%

-11.2%

2.37%

Table 4: Declining Stocks, April 30-May4

Exch

Index

Close

30 Day Moving Average

Volume
For Week

Return
For week

Year to
Date

Volatility

Palace

JSE

CJSX

$0.5722

$0.5914

1,000

-16.68%

-0.90%

2.26%

TDC

ESCE

CRDX

$0.5000

$0.5463

11,505

-10.00%

-12.9%

1.10%

Salada Foods

JSE

CMSX

$0.0915

$0.0955

7,000

-6.00%

-10.6%

2.29%

Lasco Manufacturing

JSE

CJSX

$0.1355

$0.1377

66,215

-4.07%

-15.7%

2.23%

Lascelles

JSE

CCSX

$3.2041

$3.2394

1,100

-3.12%

-5.14%

2.72%

NCB Jamaica

JSE

CBSX

$0.2810

$0.2877

206,653

-2.90%

-13.2%

1.51%

Grace Kennedy

JSE

CMSX

$0.6637

$0.6692

117,321

-2.85%

-8.75%

1.59%

National Flour Mills

TTSE

CMSX

$0.1087

$0.1093

18,997

-2.79%

-0.13%

1.81%

Prepared by Department of Management Studies, UWI Cave Hill, Barbados.

justin.robinson@cavehill.uwi.edu.