CARIBBEAN STOCK REPORT January 23 to January 27 2012
Published:Wednesday | February 1, 2012 | 12:00 AM
For the week ended January 27 2012, 11,238,212 shares, valued at $1,906,504 crossed the floors of the six stock exchanges across Caricom, with 58 stocks advancing, 24 declining and 44 remaining unchanged. Cable and Wireless Jamaica was the volume leader with 3,019,900 shares being traded, JMMB posted the largest gain of 31.01% for the week, while on the losing end, Neal and Massey fell 11.82%. For the week, sixteen of the CSX 30 stocks advanced, eight declined and six were unchanged. The CSX 30 gained 2.88 points to close the week at 1,294.29, down 1.54% year to date. On the junior market, ten stocks advanced and two declined. The CJSX lost 8.47 points to close the week at 1,719.60, down 5.36% for the year. Table 1 provides a summary of the broad market indices for the week.
Table 1: Broad Market Indices January 9 to January 13 2012
|
|
Index |
Change |
Year To |
Volatility |
Return per |
|
Caribbean AllShare Index CASX |
1,791.74 |
-0.03% |
-0.2% |
0.05% |
-3.80 |
|
Caribbean Select Index CSX 30 |
1,294.72 |
0.22% |
-1.54% |
0.23% |
-6.73 |
|
Caribbean Junior Share Index CJSX |
1,719.60 |
-0.49% |
-5.36% |
0.58% |
-9.21 |
Sector Analysis
Table 2 provides a summary of the sector indices, followed by details on the performance of the stocks in each sector.
Table 2: Sector Indices January 9 to January 13 2012
|
|
Index |
Change |
Year to |
Volatility |
Return per |
|
Caribbean Banking Index (CBSX) |
1,245.6 |
0.68% |
-0.71% |
0.19% |
-3.75 |
|
Caribbean Conglomerate Index (CCSX) |
1,161.8 |
-1.93% |
-2.75% |
0.38% |
-7.33 |
|
Caribbean Communications and Utilities Index (CCUX) |
1,097.9 |
0.71% |
-0.86% |
0.32% |
-2.71 |
|
Caribbean Insurance and Investments Index (CIIX) |
1,141.8 |
-0.20% |
-2.54% |
0.70% |
-3.62 |
|
Caribbean Manufacturing Index (CMSX) |
1,275.3 |
1.49% |
-1.29% |
0.47% |
-2.73 |
|
Caribbean Retail and Distribution Index (CRDX) |
1,200.6 |
0.43% |
0.56% |
0.22% |
2.59 |
|
Caribbean Tourism and Real Estate Index (CTRX) |
1,596.0 |
0.01% |
-0.26% |
0.03% |
-8.83 |
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: January 9 to January 13 2012
|
|
EXCH |
Index |
Close |
30 Day Moving Average |
Volume |
Return |
Year to |
Volatility |
|
JMMB |
JSE |
CIIX |
$0.1301 |
$0.1318 |
229,439 |
31.01% |
-9.11% |
9.33% |
|
Demerara Bank |
GSACI |
CBSX |
$0.1604 |
$0.1590 |
13,000 |
25.50% |
25.36% |
6.46% |
|
Desnoe & Geddes |
JSE |
CMSX |
$0.0570 |
$0.0510 |
7,429 |
17.15% |
-3.76% |
3.72% |
|
Kingston Wharves |
JSE |
CMSX |
$0.0668 |
$0.0645 |
144,034 |
12.42% |
-2.28% |
2.85% |
|
Pan Caribbean Financial Services |
JSE |
CIIX |
$0.2879 |
$0.2772 |
33,372 |
8.58% |
-6.12% |
3.07% |
|
Scotia Investments |
JSE |
CIIX |
$0.3087 |
$0.2978 |
13,200 |
6.97% |
-7.47% |
2.47% |
|
Cable Bahamas |
BISX |
CCUX |
$8.0000 |
$7.8500 |
2,902 |
5.96% |
-4.53% |
2.58% |
|
Scotia Group Jamaica |
JSE |
CBSX |
$0.2648 |
$0.2577 |
789,798 |
5.20% |
-4.49% |
2.10% |
Table 4: Declining Stocks: January 9 to January 13 2012
|
|
Exch |
Index |
Close |
30 Day Moving Average |
Volume |
Return |
Year to |
Volatility |
|
Neal & Massey |
TTSE |
CCSX |
$6.2414 |
$6.5701 |
35,759 |
-11.82% |
-12.7% |
1.79% |
|
General Accident |
JSE |
CJSX |
$0.0263 |
$0.0273 |
227,818 |
-6.62% |
-9.03% |
2.51% |
|
Demerara Distillers |
GASCI |
CMSX |
$0.0512 |
$0.0530 |
19,300 |
-6.15% |
-3.48% |
1.11% |
|
Guardian Holdings |
TTSE |
CIIX |
$2.1148 |
$2.2039 |
11,867 |
-6.12% |
-6.21% |
1.71% |
|
CW Jamaica |
JSE |
CCUX |
$0.0020 |
$0.0021 |
3,019,900 |
-5.56% |
-10.1% |
3.08% |
|
Dolphin Cove |
JSE |
CJSX |
$0.0810 |
$0.0821 |
78,427 |
-3.95% |
-7.74% |
1.31% |
Department of Management Studies, UWI Cave Hill.