Archives for December 2020

Junior Market ends firm on Tuesday

Modest gains recorded at the start of trading on Tuesday and lasting for most of the day dissipated in the fading minutes of the Junior Market activity, with the index closing flat after more stocks fell than rose as 45 percent more shares traded than on Monday.
Trading ended with 39 securities changing hands compared to 38 on Monday and concluded with the prices of 12 stocks rising, 16 declining and 11 unchanged.
The Junior Market index was unchanged at 2,636.45 points. The average PE Ratio ends at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 4,103,575 shares for $9,392,768 compared to 2,824,415 units at $7,700,599 on Monday. Mailpac Group led trading with 34.4 percent of total volume with a transfer of 1.41 million shares, followed by Lumber Depot with 17.2 percent after an exchange of 706,081 units and Derrimon Trading with 12.7 percent market share or 522,336 units.
Trading averaged 105,220 units at $240,840 compared to 74,327 at $202,647 on Monday. Trading month to date, averaged 274,968 units at $665,002, versus 284,894 units at $689,804 on Monday. November closed with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Access Financial climbed 25 cents to $23.94 with 84 shares traded, AMG Packaging fell 5 cents to $1.60 with 109,342 units changing hands, Caribbean Cream slipped 1 cent to  $4.19 with 35 stocks changing hands. Caribbean Flavours rose 3 cents to $1.70 with an exchange of 142,855 stock units, Caribbean Producers gained 6 cents to close at $2.85 with a transfer of 119,500 shares, Consolidated Bakeries increased by 4 cents to $1.39 with 10,000 stocks traded. Elite Diagnostic lost 9 cents to finish at $2.86 with 545 units passing through the market, Everything Fresh rose 4 cents to 73 cents with 84,260 stock units changing hands, Fontana rose 10 cents to $5.60 with 44,901 shares exchanged. Fosrich gained 6 cents to settle at $4.16 with a transfer of 4,501 units, General Accident lost 6 cents to close at $5.99 with 7,673 stocks traded, Honey Bun dropped 10 cents to $5.70 with a transfer of 80,495 stock units. iCreate finished 1 cent higher at 60 cents with investors switching ownership of 17,664 shares, Indies Pharma fell 6 cents to $2.66 with 7,434 units passing through the market, Jamaican Teas declined by 2 cents and traded 324,771 stock units to end at $1.97. Jetcon Corporation dropped 14 cents to close at a 52 weeks’ low of 56 cents, with 132,806 stocks changing hands, Knutsford Express rose by 10 cents to $6.80 with an exchange of 8,157 shares, Lasco Distributors fell 14 cents to $3.08 with a transfer of 5,500 units. Lasco Financial slipped 6 cents to $2.70 with 2,614 stocks passing through the market, Lasco Manufacturing slipped 1 cent to $3.88 with 1,152 stock units traded, Limners and Bards advanced 11 cents to $3.14 trading 52,754 shares. Mailpac Group exchanged 1,412,146 stocks and gained 1 cent to settle at $2.79, Main Event climbed 40 cents to $3.39 with a transfer of 4,613 units, SSL Venture declined by 2 cents to 55 cents with 12,202 stock units changing hands. Stationery and Office Supplies shed 20 cents to finish at $4.30 with 1,760 stocks traded and Tropical Battery slipped 4 cents to $1.12 with 160,687 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% declined by 1 cent to end at $1.11 with a transfer of 608 stock units and Derrimon Trading preference share fell 10 cents to $2 with 19,163 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks rise again on TTSE

Prices change for stocks mostly rose at the close of trading on the Trinidad and Tobago Exchange on Tuesday with fewer shares changing hands at a lower value than Monday.

Trinidad & Tobago Stock Exchange Head Quarters

The market closed with 16 securities trading, down from 8 on Monday, and ended with prices of eight rising, two declining and six ended unchanged. Trading resulted in 81,552 shares for $2,335,761 compared to 95,490 shares for $3,852,319 on Monday.
The average trade amounts to 5,097 units at $145,985 versus an average of 11,936 units at $481,540 for each security on Monday. Trading month to date averaged 14,066 shares at $223,672 compared to 14,609 shares at $228,381 on Monday. November closed with an average of 18,691 shares for $276,188.
The T&T Composite Index gained 4.15 points to end at 1,317.21, the All T&T Index climbed 7.24 points to 1,756.51, while the Cross Listed Index added 0.14 points to close at 118.70.
Investor’s Choice bid-offer indicator ended with the bid of one stock higher than their last selling prices and three with lower offers.
Stocks rising│ Angostura Holdings climbed $1.40 to $16.40 after trading 27 units, Calypso Macro Index Fund rose one cent to close at $14.01, with an exchange of 120 stock units, First Citizens Bank gained 2 cents in closing at $42.75 after 1,916 shares changed hands. Guardian Holdings rose 7 cents to $21 with 17,884 units crossing the exchange, NCB Financial Group gained 2 cents trading 1,024 shares at $8.15, Scotiabank rose $1.65 to end at $56 after trading 13,512 units. Trinidad Cement rose 5 cents to $2.50 with an exchange of 1,100 shares and West Indian Tobacco increased by 5 cents to $35.40 after trading 5,707 shares.
Stocks declining| Agostinis’ lost one cent to end at $23.99, with 8,400 shares changing hands and Massy Holdings dropped $1 to $60 trading 4,768 units.
Stocks trading firm│ Clico Investment Fund closed at $25.25, with an exchange of 150 stock shares, National Flour ended trading of 20,000 shares at $2.10, One Caribbean Media closed at $4.82 with an exchange of 1,100 shares, Point Lisas ended at $3.15 with 2,500 units changing hands, Republic Financial Holdings traded 2,738 units at $134.99 and Unilever traded 576 stock units at $16.70.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Traded stocks rise volume drops

The US dollar market of the Jamaica Stock Exchange closed trading on Tuesday, with the market declining after trading 77 percent fewer shares than on Monday, resulting in slightly more stocks rising than falling.
On Tuesday seven securities traded, compared to six on Monday and ended with prices of four rising and three declining.
JSE USD equity index lost 0.35 points to end at 193.88. The average PE Ratio ends at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market ended with 59,397 shares traded for US$16,022 compared to 260,980 units at US$26,193 on Monday.
Trading averaged 8,485 units changing hands at US$2,289, in contrast to an average of 43,497  shares at US$4,365 on Monday. Trading ended with an average of 55,915 units for the month to date at US$6,469 in contrast to 59,447 units at US$6,781 on the prior trading day. By comparison, November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows one stock ended with bids higher than their last selling prices and one with a lower offer.
At the market close, First Rock Capital Investment lost 0.01 of a cent to close at 8.99 US cents in trading 24 shares, Proven Investments advanced 0.97 of a cent to close at 26.97 US cents after exchanging 672 units,  Sterling Investments gained 0.01 of a cent to 2.38 US cents with an exchange of 4,170 stocks. Sygnus Credit Investments fell 2.49 cents to 14 US cents in an exchange of 30,317 stock units, Transjamaican Highway lost 0.02 of a cent in closing at 0.95 US cents in trading 13,678 stocks.
In the preference segmentEquityline Mortgage Investment preference share gained 0.01 of a cent to settle at US$1.96, with 150 stock units changing hands and JMMB Group 6% added 2 US cents to close at US$1 after the crossing of the market with 10,386 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Santa Claus rally continues on Junior Market

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Trading pressure continued to place an upward push on the Junior Market of the Jamaica Stock Exchange after the market reopened on Monday after closing for the Christmas holiday last week. The market index climbed 42.05 points to 2,636.45, with an even number of stocks advancing and declining after investors exchanged 20 percent fewer shares than on Thursday.
Trading ended with 38 securities changing hands compared to 33 on Thursday and closed with the prices of 13 stocks each, rising and falling and 12 remaining unchanged.
The average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with an exchange of 2,824,415 shares for $7,700,599 compared to 3,548,314 units at $8,469,026 on Thursday. Mailpac led trading with 27.5 percent of total volume for 777,744 shares, followed by Limners and Bards, 14.9 percent, for an exchange of 421,650 units and  Jamaican Teas with 12.6 percent after trading 356,419 units.
Trading averaged 74,327 shares at $202,647 versus 107,525 units at $256,637 on Thursday. Trading month to date averages 284,894 units at $689,804, down from 297,615 units at $719,234 on Thursday. November ended with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator reading shows three stocks with bids higher than their last selling prices and three with lower offers.
At the market close, Access Financial jumped $3.34 to $23.69 trading 18 shares, AMG Packaging rose 5 cents to $1.65 with 3,255 units changing hands, CAC 2000 climbed $2 to $10 with an exchange of 4,010 stocks. Cargo Handlers advanced 51 cents to $7.31 with a transfer of just four shares, Caribbean Flavours slipped 1 cent to $1.67 with 1,017 stock units traded, Caribbean Producers fell 10 cents to $2.79 with 75,228 units passing through the market. Derrimon Trading lost 1 cent to finish at $2.38 with 299,069 stocks changing hands, Elite Diagnostic lost 4 cents to close at $2.95 in exchanging 150 shares, Express Catering dropped 18 cents to $3.59 with a transfer of 19,400 stock units. Fontana gained 8 cents to end at $5.50 with 186,789 units traded, Fosrich rose 10 cents to $4.10, with investors switching 174,500 stock units,  General Accident fell 13 cents to $6.05 with 23,709 shares changing hands. GWest rose 3 cents to 73 cents, trading 500 stock units, Honey Bun slipped 5 cents to $5.80 with a transfer of 12,499 units, Jamaican Teas lost 1 cent, trading 356,419 stocks at $1.99. Jetcon Corporation dipped 1 cent to 70 cents with investors switching 108,764 shares, Lasco Distributors advanced 15 cents to $3.22 with 707 units changing hands, Lasco Financial climbed 30 cents to $2.76 with 18,721 stocks passing through the market. Lasco Manufacturing closed 1 cent higher at $3.89, trading 36,287 stock units, Lumber Depot declined by 3 cents to settle at $1.56 with a transfer of 1,292 shares, Mailpac Group traded 777,744 shares and lost 3 cents to end at $2.78. Medical Disposables fell 4 cents to $4.20 with investors switching ownership of 80 units, Stationery and Office Supplies slipped 4 cents to $4.50 with 1,908 stock units pass ing through the market, Tropical Battery gained 3 cents to finish at $1.16  with a transfer of 203,686 stocks and tTech advanced 10 cents to $4.30 with 80 shares crossing the exchange.
In the preference segment, CAC 2000 9.5% closed 2 cents higher at $1.12 with 1,000 units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD market record gains

The Jamaica Stock Exchange, US dollar market, closed trading on Monday, with the market rising after trading 15 percent more shares than on Thursday, resulting in slightly more stocks falling than rising.
Similar to trading on Thursday, the market ended with six securities changing hands with prices of two stocks rising, three declining and one remaining unchanged.
JSE USD equity index gained 6.84 points to end at 194.23. The PE Ratio averaged 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 260,980 shares at US$26,193 compared to 226,663 units at US$6,625 on Thursday.
Trading averaged 43,497 units at US$4,365, compared to an average of 37,777 shares at US$1,104 on Thursday. Trading month to date averaged 59,447 units at US$6,781 compared to 60,534 units at US$6,945 on the prior trading day. By comparison, November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows no stock ended with bids higher than the last selling price and one closed with a lower offer.
At the close of trading, First Rock Capital Investment carved out a gain of 1 US cents to close at 9 US cents after finishing trading 4,572 shares, Margaritaville lost 1 cent in ending at a 52 weeks’ low of 10 US cents in exchanging 60,806 stock units. Proven Investments gained 0.02 of a cent to close at 26 US cents after trading 70,930 stock units, Sterling Investments shed 0.01 of a cent to close at 2.37 US cents while trading 4,070 stocks, Sygnus Credit Investments shed 0.07 of a cent to end at 16.49 US cents, with just two stocks changing hands and Transjamaican Highway remained at 0.97 of a US cent while trading 120,600 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

3rd day of gains for JSE Main market

Stocks recorded gains for a third day on the Jamaica Stock Exchange Main Market at the end of trading on Monday, with the market rising after an exchange of 170 percent more shares than on Thursday.
At the close, the All Jamaican Composite Index carved out a gain of 379.52 points to settle at 429,860.21, the Main Index rose 402.18 points to settle at 392,304.01 and the JSE Financial Index inched 0.29 points to settle at 102.46.
Trading ended with 47 securities changing hands compared to 44 on Thursday with prices of 18 stocks rising, 13 declining and 16 remaining unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 50,531,916 shares for $293,507,250 compared to 18,744,767 units at $218,336,612 on Thursday. Wigton Windfarm led trading in accounting for 57.7 percent of total volume with 29.16 million shares, followed by Sagicor Real Estate Fund with 23.8 percent after trading 12.01 million units. Transjamaican Highway controlled 5.8 percent of the day’s volume, with 2.95 million units, Grace Kennedy 2.4 percent with 1.19 million units and Scotia Group with 2.3 percent market share after an exchange of 1.15 million shares.
Trading for the day averaged 1,075,147 units at $6,244,835  for each security, compared to an average of 426,017 shares at $4,962,196 on Thursday. Trading month to date averaged 414,481 units at $6,809,746 for each security, in contrast to 375,716 units at $6,842,893 on the prior trading day. November trading averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Caribbean Cement gained $1.55 in closing at $61.55 in an exchange of 4,053 shares, Eppley shed $2.95 to $25.05 in an exchange of 9,999 stock units, First Rock Capital carved out a loss of 30 cents to settle at $12.55 in exchanging 5,600 units. Grace Kennedy lost $1.11 to settle at $61 after 1,192,625 shares crossed the market,  Jamaica Broilers advanced 90 cents to $29.90 with investors swapping 5,845 stock units, Jamaica Producers rose 50 cents to $21 after trading 5,723 shares. JMMB Group shed 50 cents to end at $33.50 with investors swapping 26,573 units, NCB Financial gained $2.50 to close at $144 in switching ownership of 2,977 stock units, PanJam Investment rose $2.65 to $68.15 4,878 units changing hands. Sagicor Group advanced 99 cents to $49.99 after 580,544 shares cleared the market, Salada Foods dropped $5.84 to close at $23.15 trading 1,000 units, Supreme Ventures declined by 37 cents to $17.50 after 19,428 stock units crossed the exchange. Victoria Mutual Investments climbed 35 cents to close at $6 with an exchange of 643,937 stocks and Wisynco Group rose 50 cents to $16.30, with 259,786 shares crossing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks rise with limited trading on TTSE

The stock market indices rose on the Trinidad and Tobago Exchange on Monday after the market reopened from the break for the Christmas holiday, with Massy holdings jumping sharply by $4 as fewer securities and shares changed hands than Thursday.
The market closed with just 8 securities trading, down from 12 on Thursday, and ended with prices of two rising, one declining and five remaining unchanged. Trading resulted in 95,490 shares for $3,852,319 compared to 120,806 shares for $4,605,847 on Thursday.
The average trade amounts to 11,936 units at $481,540 versus an average of 10,067 units at $383,821 for each security on Thursday. Trading month to date averaged 14,609 shares at $228,381 compared to 14,693 shares at $235,145 on Thursday. November closed with an average of 18,691 shares for $276,188.
The T&T Composite Index gained 5.38 points to end at 1,313.06, the All T&T Index climbed 11.07 points to 1,749.27, while the Cross Listed Index dipped 0.05 points to close at 118.56.
Investor’s Choice bid-offer indicator ended with the bids of six stocks higher than their last selling prices and four with lower offers.
Stocks rising │Clico Investment Fund rose 25 cents to close at $25.25, with an exchange of 1,100 stock units and Massy Holdings jumped $4 to $61, trading 35,201 units.  
Stocks declining│JMMB Group lost one cent to end at $1.98, with 1,000 shares changing hands.
Stocks trading firm │National Enterprises ended trading of 1,839 shares at $3.13, Trinidad and Tobago NGL ended at $17, with a transfer of 34,200 shares, Point Lisas ended at $3.15 with 2,000 units changing hands, Republic Financial Holdings traded 50 units at $134.99 and Scotiabank ended at $54.35 after trading 20,000 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More big price changes for IC TOP10

Last week, the Junior Market continued to move higher, closing higher than the prior week as the market index continues to flirt with the 2,600 points mark ahead of breaking higher and ended at the highest weekly close since mid-August as the bullish golden cross takes full hold on the market to launch a big rally.

Carreras stock price rose 14% during the past week.

In the process of the Junior and Main Market rising this past week, it ended with no new change to the TOP10 lists but there were some price movements of note during the week. Caribbean Producers having fell to $2.74 in the previous week rebounded 5 percent this past week to $2.89, while Lasco Financial lost 9 percent to close at $2.50.
The JSE Main Market rose to the highest level in nine trading days, during the week as it targets the 450,000 points level on the All Jamaica Composite Index in the next few weeks. Two stocks on the TOP10 made good gains in the week. Carreras that has lied in the top tier for some time, finally made a move, with a rise of 14 percent to $7.35 and now sits at no 6 spot, on the list. Radio Jamaica climbed another 13 percent this week, as sellers are less visible, with buyers pushing the price to $1.45 for a rise of 33 percent in just three weeks.
This week’s focus: The long awaited initial public offer of shares by Alliance Finance was announced this past week, with an offer for existing shareholders to sell 1.15 billion shares at $1.59 each. The prospectus containing details of the offer was released this past Wednesday, with the opening date of December 28. Other issues already announced are Sygnus Credit Investments, scheduled to close Wednesday gone, is extended to December 28. The original closing date was not convenient for some investors as the Christmas season placed pressure on some to meet the deadline. Key Insurance the smallest of the lot with a rights issue opens on December 28 and Derrimon Trading opens on January 8. Sygnus Credit Investments appears to be the best value offering with a PE below 10 times earnings.
The top three stocks in the Junior Market with the potential to gain between 220 to 350 percent by March 2021 are Caribbean Producers, followed by Elite Diagnostic and Lasco Financial, with Jamaican Teas slipping to 4th place. With expected gains of 133 to 221 percent, the top three Main Market stocks are, Berger Paints followed by Scotia Group and Grace Kennedy.
The local stock market’s targeted average PE ratio is 20 based on profits of companies reporting full year’s results, from now to the second quarter in 2021. The Junior and Main markets are currently trading well below the market average, indicating strong gains ahead. The JSE Main Market ended the week, with an overall PE of 16.4 and the Junior Market 14, based on ICInsider.com’s projected 2020-21 earnings. The PE ratio for the Junior Market Top 10 stocks average a mere 7.2 at just 52 percent of the market average. The Main Market TOP 10 stocks trade at a PE of 9.3 or 57 percent of the PE of that market.
The average projected gain for the Junior Market IC TOP 10 stocks is 194 percent and 121 percent for the JSE Main Market, based on 2020-21 earnings. IC TOP10 stocks are likely to deliver the best returns up to March 2021 and ranked in order of potential gains, based on likely gain for each company, taking into account the earnings and PE ratios for the current fiscal year.  Expected values will change as stock prices fluctuate and result in movements in and out of the lists weekly. Revisions to earnings per share are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

 

Christmas rally for Junior Market

Stocks mostly rose on Thursday at the close of the market ahead of the Christmas holidays on the Junior Market of the Jamaica Stock Exchange. The number of securities and volume of stocks trading dipped below Wednesday’s levels as 25 percent less funds chased stocks leading to a 30 percent fall in the volume of stocks changing hands.  
Trading ended with 33 securities changing hands compared to 40 on Wednesday and ended with the prices of 14 stocks rising, the prices of 10 declining and nine remaining unchanged.
At the close, the Junior Market Index climbed 27.65 points to 2,594.40, and the average PE Ratio ended at 14 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 3,548,314 shares  at $8,469,026 down from 4,707,073 units at $11,350,211 on Wednesday. Mailpac Group led trading with 33.2 percent of total volume for 1.09 million shares, followed by Tropical Battery with 15.6 percent and 512,488 units and Derrimon Trading with 15.2 percent after 497,848 shares traded.
Trading averaged 107,525 units at $256,637 in contrast to 117,677 at $283,755 on Wednesday. The month to date, the average resulted from an exchange of 297,615 units at $719,234, compared to 308,140 units at $744,848 on Wednesday. Trading in November resulted in an average of 193,331 units at $566,885 trading.
Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Access Financial shed 25 cents in ending at $20.35 while exchanging  12,767 shares, Caribbean Cream lost 26 cents to close at $4.20, with 76 units crossing the exchange, Caribbean Flavours shed 1 cent to close at $1.68 trading 4,701 stocks. Caribbean Producers gained 9 cents to close at $2.89 trading 7,504 shares, Consolidated Bakeries carved out a loss of 4 cents to end at $1.35, after owners switched 7,200 stock units, Derrimon Trading rose 9 cents to $2.39, with 497,848 units crossing the market. Elite Diagnostic advanced 13 cents to $2.99 after exchanging 3,386 shares, Everything Fresh rose 4 cents to 69 cents while exchanging 171 stock units, Fontana carved out a gain of 2 cents in closing at $5.42, with 75,906 stocks crossing through the exchange Fosrich declined by 15 cents to $4 while exchanging 32,750 stock units, General Accident increased 19 cents to end at $6.18 with investors swapping 19,873 units, Honey Bun lost 15 cents in closing at $5.85, trading 729 shares.  iCreate fell 2 cents to close at 59 cents after  56,731 stock units crossed the market, Iron Rock Insurance increased 3 cents to $3.80 with investors swapping 31,140 units, Jamaican Teas advanced 10 cents in closing at $2 and finishing, with 310,384 stock units changing hands. Knutsford Express gained 5 cents to close at $6.70 after trading 13,282 stock units, Lasco Distributors climbed 1 cent to settle at $3.07 with 9,043 shares clearing the market, Lasco Financial carved out a loss of 30 cents to close at $2.46 after exchanging 160,000 shares. Lasco Manufacturing gained 20 cents to close at $3.88, with 48,392 stock units changing hands, Limners and Bards rose 15 cents to $3.03 and traded 221,801 units, Lumber Depot increased 3 cents to $1.59 after finishing trading with 49,500 shares. Mailpac Group increased 2 cents to $2.81, trading 1,089,697 shares, Main Event dropped 41 cents to end at $2.99 with an exchange of 7,589 stocks and Tropical Battery fell 2 cents to $1.13, exchanging 512,488 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Santa left presents at the JSE main market

Gifts were left at the Jamaica Stock Exchange Main Market on Thursday but they did not satisfy all, but the market closed after rising stocks were just squeezed out by those declining after an exchange of 24 percent fewer shares at 55 percent increased value changed hands than on Wednesday.
At the close, the All Jamaican Composite Index surged 5,262.81 points to 429,480.69, the Main Index jumped 4,683.95 points to end at 391,901.83 and the JSE Financial Index increased 1.53 points to settle at 102.17.
Trading ended with 44 securities changing hands compared to 48 on Wednesday and ended with prices of 15 stocks rising, 17 declining and 12 remaining unchanged. The PE Ratio closed at an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 18,744,767 shares trading at $218,336,612 compared to 24,549,135 units at $140,421,055 on Wednesday. Sagicor Real Estate Fund led trading with 32 percent of the volume, with 6.01 million shares, followed by Transjamaican Highway with 22.6 percent after 4.24 million units traded, Wigton Windfarm accounted for 14.5 percent, with 2.71 million shares and Scotia Group controlled 5.9 percent of stocks traded with 1.11 million units changing hands.
Trading for the day averaged 426,017 units at $4,962,196 for each security, compared to an average of 511,440 shares at $2,925,439 on Wednesday. The month to date average resulted in 375,716 units at $6,842,893 for each security, compared to 372,792 units at $6,952,207 on the prior trading day. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Barita Investments declined 39 cents to $83.58 after 18,659 shares crossed the market, Caribbean Cement lost $2 to end at $60 after exchanging 3,124 stocks, Carreras gained 35 cents to end at $7.35 after trading 267,663 shares. Eppley gained $3 to end at $28 in swapping 13,039 stocks, Eppley Caribbean Property Fund rose by 49 cents to $44.99 in trading 890 stock units, Grace Kennedy lost $8.41 to close at $62.11, with 969,427 stock units changing hands. Jamaica Producers lost 50 cents to end at $20.50 after exchanging 73,566 shares, JMMB Group climbed $1.01 in closing at $34 and trading 174,744 units, MPC Caribbean Clean Energy carved out a loss of $10 to end at $135 with an exchange of 150 stocks. NCB Financial rose $1.50 to $141.50 while exchanging 35,029 stock units, PanJam Investment shed $2.20 to end at $65.50 after 11,725 shares crossed the exchange, Sagicor Group carved out a loss of 50 cents and ended at $49 after trading 106,746 stocks. Seprod gained 50 cents to settle at $66.50 exchanging 1,664 units and Sygnus Credit Investments lost 90 cents to end at $16, with 206,274 shares changing hands.
In the preference segmentEppley 7.5% preference share lost $1 in ending at $6 with an exchange of 3,000 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.