Local Stock Market Review
For the week ended Friday, the Jamaica Stock Exchange indexes closed mostly lower with the JSE Combined Index declining by 0.23%, the JSE Index declined by 0.17%, the JSE All Jamaican Composite Index declined by 0.19%, the Junior Market Index declined by 0.98 %, the JSE USD Equities Index declined by 2.81%, but the JSE Select Index advanced by 0.04%.
|
Index |
11/15/2019 | 11/22/2019 | Week/Week | Year-to-Date |
| JSE Main Market |
502,172.78 |
501,326.97 | -0.17% |
31.95% |
| JSE Junior Market |
3,361.02 |
3,328.40 |
-0.97% |
2.51% |
| JSE Combined Market | 498,277.11 |
497,143.29 |
-0.23% |
29.28% |
| JSE USD Equities Market | 221.94 | 215.88 |
-2.73% |
35.25% |
Local Dividend Schedule
| Security | Div/Share | Record Date | X Date | Payment |
| 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 |
| DTL | $0.01 | 29-Nov-19 | 28-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 |
| GENAC | $0.13836 | 28-Nov-19 | 27-Nov-19 | 13-Dec-19 |
| GK | $0.40 | 22-Nov-19 | 22-Nov-19 | 13-Dec-19 |
| SALF | $0.70 | 3-Dec-19 | 2-Dec-19 | 17-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 $0.00245 | 22-Nov-19 | 21-Nov-19 | 15-Jan-20 |
FX Market
| Currency Pair | 11/15/2019 | 11/22/2019 | Week/Week | Year-to-Date |
| JMD: USD | 140.39 | 138.55 | 1.31% | -8.48% |
| JMD:CAD | 105.98 | 104.53 | 1.37% | -14.19% |
| JMD:GBP | 180.31 | 178.84 | 0.81% | -12.46% |
Unit Trust Performance
| Unit Trust Fund | 11/14/2019 | 11/21/2019 | Week/Week Return |
Year-to-Date Return |
1 Year Return | Yield |
| Capital Growth | 91.72 | 92.12 | 0.44% | 37.06% | 44.98% | – |
| Money Market | 14.4118 | 14.3686 | -0.30% | 3.77% | 3.45% | 2.11% |
| Income Portfolio | 100.00 | 100.00 | – | – | – | 3.16% |
| FX Bond Portfolio (US$) | 1.3302 | 1.3283 | -0.14% | 6.17% | 5.95% | 1.96% |
| Real Estate Portfolio | 4,548.88 | 4,643.72 | 2.08% | -9.92% | -14.29% | 0.58% |
| FX Growth Portfolio | 0.8707 | 0.8702 | -0.06% | 14.36% | 0.96% | – |
Stock Market Weekly Report
November 15, 2019 – Download here
International Update
International Equity Market
| Index | 11/15/2019 | 11/22/2019 | Week/Week | Year-to-Date |
| Dow Jones | 28,004.89 | 27,875.62 | -0.46% | 19.50% |
| S&P 500 | 3,120.46 | 3,110.29 | -0.33% | 24.07% |
| NASDAQ 100 | 8,315.52 | 8,519.88 | 2.46% | 34.60% |
| FTSE 100 | 7,302.94 | 7,326.81 | 0.33% | 8.90% |
| Euro Stoxx 50 | 3,709.44 | 3,684.50 | -0.67% | 22.76% |
US News & Data:
US Housing Starts rose 3.8% to an annual rate of 1.314 million in units October 2019 from September 2019. Average US Housing Starts was 1.429 million units from 1959 until 2019. US Existing Homes Sales rose 1.9% to an annual rate of 5.46 million units in October 2019.
European News & Data:
Spain’s trade deficit widened to € 4.26 billion in September 2019 from €3.30 billion year-over-year. It was the largest trade gap for a September month since 2011. Germany’s GDP growth was confirmed at 0.1% in Q3 2019, compared to a 0.2% contraction in Q2 2019; however IHS Markit Germany Manufacturing PMI pointed to the eleventh straight month at 43.8 in November 2019.
G20 News & Data:
The People’s Bank of China lowered the 7-day reverse repurchase rate to 2.50% from 2.55%, the first reduction in over four years, signaling that policymakers are ready to support a slower economy. Canada’s annual inflation rate was 1.9% in October 2019, unchanged from September 2019 due to gasoline costs continuing to fall, while food prices rose. Chilean GDP advanced 3.3% year-over-year in Q3 2019, following a 1.9% expansion in Q2 2019, from growth in the mining sector, manufacturing and services sector. South Africa’s inflation fell to 3.7% in October 2019 from 4.1% in September 2019, below expectations of 3.9%. It was the lowest inflation rate since February 2011, amid a slowdown in cost of transport due to petrol prices and food & non-alcoholic beverages
News
Bank of Jamaica (BOJ) announced yesterday its decision to hold the policy interest rate (the rate offered on overnight placements with Bank of Jamaica) unchanged at 0.50 per cent per annum, effective Wednesday, 20 November 2019 …read more
Gaming conglomerate Supreme Ventures Limited, SVL, will acquire additional shares in Jamaica’s largest sports bookmaker, Post to Post Betting, which would give it 80 per cent control of the business …read more
Courier company Mailpac Group Limited, MGL, hopes to settle at least $263 million in debt to its parent company, Norbrook Equity Partners, through a $495 million initial public offering of shares on the junior stock market …read more
Wisynco Group is making good on a promise to reserve a bloc of its issued shares for its employees and executive …read more
The Gilinski Group of Colombia will pay US$797 million for a two-thirds stake in CIBC FirstCaribbean, while Canadian bank CIBC will keep roughly one-quarter and the minority shareholders will hold the balance …read more
PanJam Investment Limited (PanJam) and Portland Private Equity (Portland) recently announced that they have entered into an agreement to each acquire a 15 per cent ownership stake in Outsourcing Management Limited (OML), which trades as itelbpo …read more
