Local Stock Market Review
The biggest winner was Proven Investments USD rising 28.8% to close at US$0.3354. The biggest loser was CAC 2000 falling 20.75% to close at $11.00. For the week ended Friday, the Jamaica Stock Exchange indexes closed mostly higher with the JSE Combined Index advancing by 1.00%, the JSE Main Market Index advanced by 1.18%, the JSE All Jamaican Composite Index advanced by 1.19%, the JSE Select Index advanced by 0.82%, the JSE USD Equities Index advanced by 14.63% but the Junior Market Index declined by 1.27%.
|
Index |
11/8/2019 | 11/15/2019 | Week/Week | Year-to-Date |
| JSE Main Market |
496,314.03 |
502,172.78 | 1.18% |
32.18% |
| JSE Junior Market | 3,404.27 |
3,361.02 |
-1.27% |
3.52% |
| JSE Combined Market | 493,358.21 |
498,277.11 |
1.00% |
29.57% |
| JSE USD Equities Market | 193.62 | 221.94 |
14.63% |
39.05% |
Local Dividend Schedule
| Security | Div/Share | Record Date | X Date | Payment |
| SELECTF | $0.0117 | 4-Nov-19 | 1-Nov-19 | 14-Nov-19 |
| SJ | $0.65 | 4-Nov-19 | 1-Nov-19 | 15-Nov-19 |
| AFS | $0.10 | 14-Nov-19 | 13-Nov-19 | 28-Nov-19 |
| SVL | $0.17 | 21-Nov-19 | 20-Nov-19 | 4-Dec-19 |
| NCBFG | $0.90 | 22-Nov-19 | 21-Nov-19 | 6-Dec-19 |
| PROVEN | US $0.0056 | 25-Nov-19 | 22-Nov-19 | 6-Dec-19 |
| SOS | $0.08 | 22-Nov-19 | 21-Nov-19 | 9-Dec-19 |
| DCOVE | $0.20 | 26-Nov-19 | 25-Nov-19 | 10-Dec-19 |
| VMIL | $0.16 | 27-Nov-19 | 26-Nov-19 | 11-Dec-19 |
| CAR | $0.17 | 21-Nov-19 | 20-Nov-19 | 12-Dec-19 |
| KREIT | US $0.00078 | 15-Nov-19 | 14-Nov-19 | 12-Dec-19 |
| GK | $0.40 | 22-Nov-19 | 22-Nov-19 | 13-Dec-19 |
| PJAM | $0.265 | 27-Nov-19 | 26-Nov-19 | 18-Dec-19 |
| SML | $0.12 | 22-Nov-19 | 21-Nov-19 | 20-Dec-19 |
| JMMBGL | $0.21 | 25-Nov-19 | 22-Nov-19 | 20-Dec-19 |
| FTNA | $0.04 | 3-Dec-19 | 2-Dec-19 | 2-Jan-20 |
| MTL | US $0.00223 | 22-Nov-19 | 21-Nov-19 | 15-Jan-20 |
| ECL | US$0.000245 | 22-Nov-19 | 21-Nov-19 | 15-Jan-20 |
FX Market
| Currency Pair | 11/8/2019 | 11/15/2019 | Week/Week | Year-to-Date |
| JMD: USD | 141.61 | 140.39 | 0.86% | -9.92% |
| JMD:CAD | 108.09 | 105.98 | 1.95% | -15.78% |
| JMD:GBP | 181.65 | 180.31 | 0.74% | -13.38% |
Unit Trust Performance
| Unit Trust Fund | 11/7/2019 | 11/14/2019 | Week/Week Return |
Year-to-Date Return |
1 Year Return | Yield |
| Capital Growth | 90.49 | 91.72 | 1.36% | 36.47% | 43.99% | – |
| Money Market | 14.4019 | 14.4118 | 0.07% | 4.08% | 3.69% | 2.10% |
| Income Portfolio | 100.00 | 100.00 | – | – | – | 3.17% |
| FX Bond Portfolio (US$) | 1.3304 | 1.3302 | -0.02% | 6.32% | 6.09% | 1.96% |
| Real Estate Portfolio | 4,544.36 | 4,548.88 | 0.10% | -11.76% | -16.09% | 0.48% |
| FX Growth Portfolio | 0.8712 | 0.8707 | -0.06% | 14.43% | 5.26% | – |
Stock Market Weekly Report
November 15, 2019 – Download here
International Update
International Equity Market
| Index | 11/8/2019 | 11/15/2019 | Week/Week | Year-to-Date |
| Dow Jones | 27,681.24 | 28,004.89 | 1.17% | 20.05% |
| S&P 500 | 3,093.08 | 3,120.46 | 0.89% | 24.48% |
| NASDAQ 100 | 8,255.89 | 8,315.52 | 0.72% | 31.37% |
| FTSE 100 | 7,359.38 | 7,302.94 | -0.77% | 8.54% |
| Euro Stoxx 50 | 3,694.71 | 3,709.44 | 0.40% | 23.59% |
US News & Data:
US annual inflation increased to 1.8% in October 2019 from 1.7% in September 2019, slightly higher than the market expectation of 1.7%. US Industrial production fell 1.1% year-over-year in October of 2019, following a 0.1% decline in September 2019, it was the biggest annual decrease in industrial output in three years, due to falls in manufacturing and utilities.
European News & Data:
UK GDP grew 0.3% in Q3 2019, slightly rebounding from a 0.2% contraction in Q2 2019 and missing market expectations of a 0.4% expansion, a preliminary estimate showed; the year-over-year GDP expansion in Q3 2019 was 1.0%. The UK trade deficit rose to £3.36 billion in September 2019 and the UK inflation rate fell to 1.5% yearover-year in October 2019 from 1.7%, the lowest rate since November 2016. Germany’s GDP grew by 0.1% on quarter in Q3 2019, recovering from a 0.2% fall in Q2 2019 and beating market expectations of a 0.1% contraction.
G20 News & Data:
China’s annual inflation rose to 3.8% in October 2019, a significant rise from 3% in September, this was the highest inflation rate since January 2012, mainly due to persistently high pork prices and it was well above the 3.3% market expectation. Russia’s GDP grew by 1.7% year-over-year in Q3 2019, from a 0.9% increase in Q2 2019, beating market expectations of 1.6%; but its trade surplus shrank to US $14.15 billion in September 2019 from US$ 18.84 billion in September 2018.
News
The Jamaica Single Window for Trade (JSWIFT), is reminding clients who currently utilise the services of the Trade Board Limited (TBL), that effective November 1, 2019, they can register online via the JSWIFT portal at: www.jswift.gov.jm , as the first step in gaining access to JSWIFT services…read more
Jamaica’s top banking conglomerate, NCB Financial Group, plans to enter into new markets as part of its five-year growth aspirations…read more
The GraceKennedy Group is reporting improved performance after its nine-month period accumulating net profits of $3.71 billion …read more
Sagicor Group Jamaica (SGJ) has announced that it will be seeking to officially open its Clarendon development, Millennium Mall, by year end, December 2019…read more
Alibaba readies $13 billion Hong Kong listing before the end of November…read more
Iran has discovered a new oil field with reserves estimated at more than 50 billion barrels, President Hassan Rouhan…read more
Spain’s governing Socialists (PSOE) won the most seats in the election, but fell short of a majority – and right-wing parties made major gains…read more
China could launch its own digital currency in the next 2-3 months, predicts investor…read more
The world’s largest trade deal could be signed in 2020 — and the US isn’t in it…read more
