Market activity ended with a big fall in the volume and value of shares trading by 50 and 71 percent respectively on Monday compared to Friday as declining stocks exceeded those rising at the close of the Jamaica Stock Exchange Main Market.
After spiking to 453,200.45 at the market’s opening, the All Jamaican Composite Index ended up falling 2,348.80 points to settle at 448,868.31, the Main Index declined 1,280.33 points to 407,110.52 and the JSE Financial Index popped 0.51 points to end at 98.86.
Trading ended with 56 securities compared to 52 on Friday, with 21 stocks rising, 24 declining and 11 ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.4 based on ICInsider.com forecast of 2021-22 earnings.
A total of 8,028,740 shares traded for $74,362,299, down from 15,903,103 units at $253,773,021 on Friday. Wigton Windfarm led trading with 18.5 percent of total volume after exchanging 1.49 million shares, followed by Pulse Investments with 14.4 percent in trading 1.16 million units and Caribbean Producers, with 12.5 percent with 1 million units changing hands.
Trading averages 143,370 units at $1,327,898, compared to 305,829 shares at $4,880,250 on Friday and month to date, an average of 244,382 units at $3,661,653, compared to 262,689 units at $4,084,598 on Friday. September closed with an average of 335,669 units at $7,507,404.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints rallied $1 to $15 in exchanging 15,519 shares, Caribbean Cement advanced $1.98 to $117 with the swapping of 12,281 units, Caribbean Producers gained 38 cents in closing at a 52 weeks’ high of $6.98 in switching ownership of 1,004,775 stocks. Eppley fell $1.10 to $36.90 trading 6,338 units, Eppley Caribbean Property Fund popped $1.47 to $40.27 after 441 shares crossed the market, GraceKennedy advanced $1.74 to $99.24 with an exchange of 24,377 stocks. Guardian Holdingsdeclined $17 to $560 with 1,169 shares crossing the exchange, Jamaica Broilers shed $1 in closing at $30 with 63,721 shares changing hands, Jamaica Producers lost 40 cents in trading 39,931 shares at $21.40. JMMB Group slipped 49 cents to $37.50 in switching ownership of 153,314 units, Kingston Properties shed $1.24 in closing at $8.76 with a transfer of 100 stock units, Kingston Wharves declined $1 to $44 with the swapping of 5,091 stocks. Margaritaville fell $1.60 to $13.40 with 674 stock units clearing the market, Mayberry Jamaican Equities gained 30 cents to end at $9 after crossing the market with 26,000 shares, MPC Caribbean Clean Energy declined $5 to close at $115 in trading 34 units. Palace Amusement dropped $94 to $930 after exchanging five stocks, Portland JSX lost 45 cents to end at a 52 weeks’ low of $6.50 with the swapping of 250 stock units, Proven Investments lost 50 cents in ending at $33 after transferring 3,740 units.
Pulse Investments dipped 53 cents to close at $4.50 with 1,157,544 shares crossing the market, Sagicor Group spiked $2.98 in closing at $55 after 92,433 stocks cleared the market, Scotia Group rose $1.84 to $38.94 with an exchange of 2,211 stock units. Seprod declined $5.98 to $57.12 with 76,822 units changing hands and Sygnus Real Estate Finance shed $1.35 to end at $17.60 in switching ownership of 1,645 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Similar to trading on Friday, 37 securities traded and ended with the prices of 15 rising, 18 eclining and four closing unchanged.
Cargo Handlers dropped 50 cents to $7, with 367 units crossing the exchange, Caribbean Assurance Brokers rallied 17 cents to $1.80, with 17,044 stock units clearing the market, Caribbean Cream spiked 33 cents to $6.70 after 17,573 stocks changed hands. Express Catering popped 10 cents to $5 in an exchange of 43,238 shares, Fontana rose 33 cents in closing at $6.40 with 2,370,536 units changing hands, Fosrich lost 8 cents to close at $8.12 in trading 11,170 units. Future Energy Source dropped 15 cents to $2.55 with the swapping of 689,535 stock units, General Accident declined 15 cents to $5.30 after exchanging 128,132 shares, Honey Bun climbed 15 cents to $9 in exchanging 75,161 stocks. iCreate dropped 8 cents to 92 cents after 98,817 shares crossed the market, Indies Pharma advanced 19 cents to $3.39 after trading 24,595 units, Jamaican Teas fell 10 cents to $4.08, with 508,658 stocks changing hands. Jetcon Corporation shed 13 cents in closing at $1 after switching ownership of 35,184 stock units, KLE Group popped 11 cents to $1.13 while exchanging 505 units, Knutsford Express lost 7 cents in ending at $8 after 2,919 stock units changed hands, Lasco Distributors popped 10 cents to close at $3.70, with 4,394 stocks clearing the market. 
Lasco Manufacturing dropped 24 cents to end at $4.65 trading 14,182 shares, Limners and Bards spiked 21 cents to $3.70 with an exchange of 184,618 stocks, Lumber Depot declined 7 cents to close at $2.90 after trading 3,076,244 units, Main Event lost 40 cents in closing at $4 after exchanging 1,865 shares, Medical Disposables shed 47 cents to $4.73 with the swapping of 10,110 stock units and Stationery and Office Supplies climbed 48 cents to $6.48 in an exchange of two shares.
The All Jamaican Composite Index rose for the first time in six days by 1,429.76 points to close at 451,217.11, the JSE Main Index rallied 2,093.61 points to 408,390.85 and the JSE Financial Index added 0.69 points to end at 98.35.
on Thursday and month to date, an average of 262,689 units at $4,084,598, compared to 253,960 units at $3,923,610 on Thursday. September closed with an average of 335,669 units at $7,507,404.
NCB Financial fell $1.28 to $125.50 with a transfer of 38,743 stocks, 138 Student Living popped 49 cents to $5 in trading 2,228 shares, PanJam Investment popped $1.20 to $64.45 with 100 units clearing the market. Sagicor Group declined $2.88 to close at $52.02 in transferring 4,171 units, Scotia Group rose 43 cents to end at $37.10 in an exchange of 658,325 stock units and Sygnus Credit Investments climbed 36 cents to $16.96 with 96,855 shares changing hands.
A total of 37 securities traded as was the case on Thursday and ended with 18 rising, 12 declining and seven closing unchanged as one stock traded at 52 weeks’ high.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
Lasco Manufacturing spiked 23 cents to $4.89 with 10,433 shares changing hands, Limners and Bards increased 19 cents to $3.49, with 16,022 shares crossing the exchange, Mailpac Group rose 8 cents to close at $3.68 in trading 301,333 stocks. Main Event declined 9 cents to $4.40, with 300 stock units changing hands, Medical Disposables popped 50 cents to $5.20 after 12,516 units crossed the market and Stationery and Office Supplies fell 20 cents to close at $6 in exchanging 2,456 shares.
September closed with an average of 335,669 units at $7,507,404.
Pulse Investments gained 26 cents after ending at $5.10 with the swapping of 1,252,651 units, Sagicor Group advanced $1.90 to $54.90, with 66,292 stocks crossing the market, Scotia Group shed 83 cents to end at a 52 weeks’ low of $36.67 in trading 296,755 stock units. Sygnus Real Estate Finance rose 91 cents to $18.95, with a transfer of 2,541 stocks and Victoria Mutual Investments shed 35 cents in closing at $6 after exchanging 98,789 units.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and three with lower offers.
Knutsford Express dropped 8 cents to end at $8.07 after 890 shares changed hands, Lasco Distributors fell 15 cents to close at $3.62, after 1,500 units changed owners, Lasco Manufacturing lost 14 cents in ending at $4.66 with an exchange of 2,930 stocks. Limners and Bards declined 13 cents to $3.30 in an exchange of 64,723 shares, Mailpac Group shed 10 cents in closing at $3.60 with the swapping of 4,144,462 stock units and tTech shed 15 cents to $4.05 in trading 12,545 units.
The All Jamaican Composite Index dropped 1,499.34 points to end at 450,385.23, the JSE Main Index shed 2,983.16 points to 407,696.57 and the JSE Financial Index shed 1.11 points to settle at 98.09.
A total of 13,717,047 shares traded for $178,931,191 versus 11,674,398 units at $83,242,103 on Tuesday. Wigton Windfarm led trading with 25.4 percent of total volume after trading 3.48 million shares. QWI Investments followed, with 15 percent, after 2.06 million shares changed hands, Transjamaican Highway contributed 10.2 percent with 1.4 million units, Carreras controlled 9.6 percent market share, with 1.32 million units and Scotia Group 7.7 percent with 1.06 million shares.
Kingston Wharves lost $1.20 to $43.80 in exchanging 2,686 shares, Mayberry Jamaican Equities increased 25 cents to $8.95 in an exchange of 79,409 units, Proven Investments dropped 30 cents to $32.70, with 5,001 units crossing the exchange. Pulse Investments declined 26 cents to close at $4.84 after 712,107 shares changed hands, Sagicor Group lost $2 in ending at $53 after exchanging 72,941 stocks, Sagicor Real Estate Fund rallied 49 cents to $8.49 in switching ownership of 1,362 units. Scotia Group fell $1 to $37.50 after trading 1,062,158 units, Seprod climbed 95 cents to $63.10, with 47,604 stocks crossing the market, Sygnus Real Estate Finance dropped $1.16 to end at a new low of $18.04 after exchanging 15,175 stock units and Victoria Mutual Investments gained 72 cents to end at $6.35 with an exchange of 118,979 shares.
Trading averaged 162,226 shares at $624,087 in contrast to 123,678 units at $388,221 on Tuesday. Trading month to date, averages 167,235 shares at $596,470, compared to 168,725 units at $588,260 on Tuesday. September closed with an average of 207,032 units at $668,264.
Lasco Distributors fell 13 cents to $3.77 after exchanging 48,765 stocks, Lasco Manufacturing climbed 11 cents to $4.80 with the swapping of 2,693 stock units, Mailpac Group shed 14 cents to $3.70 while trading 141,762 units. Medical Disposables declined 9 cents to close at $4.71, with 15,685 stocks crossing the market, Stationery and Office Supplies popped 15 cents in, ending at $6.20 after trading 3,000 units and Tropical Battery rallied 7 cents to end at $1.37 in an exchange of 1,654 shares.
September closed with an average of 335,669 units at $7,507,338.
Portland JSX fell $2.05 in closing at a 52 weeks’ low of $6.95 with an exchange of 555 units. Proven Investments dipped 75 cents to $33 after 4,667 stock units cleared the market, Pulse Investments rallied 27 cents to $5.10 with the swapping of 917,170 stocks, Sagicor Group slipped $1 to $55 in transferring 20,259 shares and Scotia Group lost 48 cents to end at $38.50 in exchanging 12,027 units.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and one with a lower offer.
Lasco Manufacturing increased 12 cents to $4.69 in trading 4,063 stock units, Limners and Bards advanced 10 cents to $3.45, with 84,220 stocks changing hands. Main Event climbed 30 cents to $4.50 after exchanging 400 units, Medical Disposables fell 20 cents to end at $4.80 in exchanging 30,000 stocks, SSL Venture popped 5 cents to close at 68 cents, with one share changing hands. Stationery and Office Supplies dropped 59 cents to $6.05 after 10,000 units crossed the exchange and tTech rose 14 cents to $4.20 after 18,619 stock units changed hands.
