Weekly Report – Nov 8, 2019

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

11/1/201911/8/2019Week/WeekYear-to-Date
JSE Main Market

494,576.50

496,314.030.35%

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

SecurityDiv/ShareRecord DateX DatePayment
MPCCELUS $0.08916-Sep-1913-Sep-1927-Sep-19
1834$0.0813-Sep-1912-Sep-194-Oct-19
BIL$1.2719-Sep-1918-Sep-197-Oct-19
SCIUS $0.0024930-Sep-1927-Sep-1918-Oct-19
SGJ$0.511-Oct-1930-Sep-1923-Oct-19
SGJ$0.741-Oct-1930-Sep-1923-Oct-19
JBG$0.192-Oct-191-Oct-1931-Oct-19
SELECTF$0.01174-Nov-191-Nov-1914-Nov-19
SJ$0.654-Nov-191-Nov-1915-Nov-19
AFS$0.1014-Nov-1913-Nov-1928-Nov-19
SVL$0.1721-Nov-1920-Nov-194-Dec-19
CAR$0.1721-Nov-1920-Nov-1912-Dec-19
KREITUS $0.0007815-Nov-1914-Nov-1912-Dec-19
GK$0.4022-Nov-1922-Nov-1913-Dec-19
FTNA$0.043-Dec-192-Dec-192-Jan-20
ECLUS $0.00024522-Nov-1921-Nov-1915-Jan-20

FX Market

Currency Pair11/1/201911/8/2019Week/WeekYear-to-Date
JMD: USD140.42141.61-0.85%-10.88%
JMD:CAD106.77108.09-1.24%-18.08%
JMD:GBP181.26181.65-0.22%-14.22%

 

Unit Trust Performance

Unit Trust Fund10/31/201911/7/2019Week/Week
Return
Year-to-Date
Return
1 Year ReturnYield
Capital Growth89.7090.490.88%34.64%42.08% –
Money Market             14.3833          14.40190.13%4.01%3.62%2.10%
Income Portfolio               100.00            100.003.20%
FX Bond Portfolio (US$)               1.3290            1.33040.11%6.34%6.10%1.93%
Real Estate Portfolio            4,536.84         4,544.360.17%-11.85%-16.08%0.48%
FX Growth Portfolio               0.8675            0.87120.43%14.50%5.09%

 

Stock Market Weekly Report

November 8, 2019 – Download here

 

International Update

International Equity Market

Index11/1/201911/8/2019Week/WeekYear-to-Date
Dow Jones          27,347.36       27,681.241.22%18.66%
S&P 500            3,066.91         3,093.080.85%23.39%
NASDAQ 100            8,161.17         8,255.891.16%30.43%
FTSE 100            7,302.42         7,359.380.78%9.38%
Euro Stoxx 50            3,620.17         3,694.712.06%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

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