Local Stock Market Review
The biggest winner was Blue Power Group rising by 21% to close at $8.00. The biggest loser was SSL Venture Capital falling by 26% to close at $1.19. For the week ended Friday, the Jamaica Stock Exchange indexes closed mixed with the JSE Combined Index advancing by 0.30%, the JSE Main Market Index advanced by 0.35%, the JSE All Jamaican Composite Index advanced by 0.35%, the JSE Select Index advanced by 0.44%, the Junior Market Index declined by 0.26% and the JSE USD Equities Index declined by 4.52%.
|
Index |
11/1/2019 | 11/8/2019 | Week/Week | Year-to-Date |
| JSE Main Market |
494,576.50 |
496,314.03 | 0.35% |
30.63% |
| JSE Junior Market | 3,413.10 |
3,404.27 |
-0.26% |
4.85% |
| JSE Combined Market | 491,856.08 |
493,358.21 |
0.31% |
28.29% |
| JSE USD Equities Market | 202.79 | 193.62 |
-4.52% |
21.31% |
Local Dividend Schedule
| Security | Div/Share | Record Date | X Date | Payment |
| MPCCEL | US $0.089 | 16-Sep-19 | 13-Sep-19 | 27-Sep-19 |
| 1834 | $0.08 | 13-Sep-19 | 12-Sep-19 | 4-Oct-19 |
| BIL | $1.27 | 19-Sep-19 | 18-Sep-19 | 7-Oct-19 |
| SCI | US $0.00249 | 30-Sep-19 | 27-Sep-19 | 18-Oct-19 |
| SGJ | $0.51 | 1-Oct-19 | 30-Sep-19 | 23-Oct-19 |
| SGJ | $0.74 | 1-Oct-19 | 30-Sep-19 | 23-Oct-19 |
| JBG | $0.19 | 2-Oct-19 | 1-Oct-19 | 31-Oct-19 |
| 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 |
| 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 |
| FTNA | $0.04 | 3-Dec-19 | 2-Dec-19 | 2-Jan-20 |
| ECL | US $0.000245 | 22-Nov-19 | 21-Nov-19 | 15-Jan-20 |
FX Market
| Currency Pair | 11/1/2019 | 11/8/2019 | Week/Week | Year-to-Date |
| JMD: USD | 140.42 | 141.61 | -0.85% | -10.88% |
| JMD:CAD | 106.77 | 108.09 | -1.24% | -18.08% |
| JMD:GBP | 181.26 | 181.65 | -0.22% | -14.22% |
Unit Trust Performance
| Unit Trust Fund | 10/31/2019 | 11/7/2019 | Week/Week Return |
Year-to-Date Return |
1 Year Return | Yield |
| Capital Growth | 89.70 | 90.49 | 0.88% | 34.64% | 42.08% | – |
| Money Market | 14.3833 | 14.4019 | 0.13% | 4.01% | 3.62% | 2.10% |
| Income Portfolio | 100.00 | 100.00 | – | – | – | 3.20% |
| FX Bond Portfolio (US$) | 1.3290 | 1.3304 | 0.11% | 6.34% | 6.10% | 1.93% |
| Real Estate Portfolio | 4,536.84 | 4,544.36 | 0.17% | -11.85% | -16.08% | 0.48% |
| FX Growth Portfolio | 0.8675 | 0.8712 | 0.43% | 14.50% | 5.09% | – |
Stock Market Weekly Report
November 8, 2019 – Download here
International Update
International Equity Market
| Index | 11/1/2019 | 11/8/2019 | Week/Week | Year-to-Date |
| Dow Jones | 27,347.36 | 27,681.24 | 1.22% | 18.66% |
| S&P 500 | 3,066.91 | 3,093.08 | 0.85% | 23.39% |
| NASDAQ 100 | 8,161.17 | 8,255.89 | 1.16% | 30.43% |
| FTSE 100 | 7,302.42 | 7,359.38 | 0.78% | 9.38% |
| Euro Stoxx 50 | 3,620.17 | 3,694.71 | 2.06% | 23.10% |
US News & Data:
The US trade deficit narrowed slightly to US $52.5 billion in September 2019 from US $55 billion in August 2019, as imports from Germany and China declined and the US reported its first crude oil surplus since 1978. However, the US National Debt has now officially past the US $23 trillion mark.
European News & Data:
The IHS Markit Eurozone Manufacturing PMI was 45.9 in October 2019 from a preliminary estimate of 45.7, slightly higher than September’s seven-year low as new orders continued to contract. The Bank of England decided to keep its benchmark rate at 0.75% during its October policy meeting while Germany’s balance of trade surplus widened to € 21.1 billion in September 2019 from € 18.2 billion in September 2018.
G20 News & Data:
China’s balance of trade surplus rose to US $42.81 billion in October 2019 from US $32.97 billion in October 2018, the largest trade surplus since July. Brazil annual inflation fell to 2.54% in October of 2019 from 2.89% in September, the lowest inflation rate since September of 2017.
News
Just days into the first official visit to China by Prime Minister Andrew Holness the top United States military official in the region, Admiral Craig Faller, has listed that country among those which do not hold the values shared by Jamaica and America…read more
Sagicor Select Funds Limited is heading back to the market with an offer of shares in a new fund that will track the listed manufacturing and distribution companies that make up the M & D Index on the Jamaica Stock Exchange, JSE…read more
Supreme Ventures Limited (SVL) has implemented a new management structure in preparation for more aggressive expansion across the region…read more
Supreme Ventures Group is putting much hope for increased profitability from its newest market, Guyana, where operations in the just-ended third quarter of 2019 recorded a massive loss of $53.7 million…read more
Luxury apartments displacing single home buyers…read more
AJAS Aviation Services, is set to raise capital from the equities market…read more
Proven REIT began pitching its latest residential development to prospective buyers at the weekend, with starting prices of $21 million for the smallest studio units…read more
Saudi Aramco IPO is coming. What investors should know about the IPO…read more
