Worse one-day Junior Market drop

Trading on the Junior Market of the Jamaica Stock Exchange suffered its worst decline ever, on Monday, with a fall of 137.68 points to close at 2,396.82 in the market Index as the prices of 24 declined, just seven securities advancing and six closing unchanged.
The fall in the market took the 2019 losses to 28.4 percent and the fall from the peak to whopping 35 percent.
Caribbean Assurance Brokers started trading after a heavy oversubscription in the issue of shares to the public and rose 54 cents to close at $2.45 after exchanging 204,158 shares. The market closed with six stocks trading at 52 weeks’ lows, while three traded at intraday lows during the day.
Market activity finished with 37 securities changing hands, resulting in an exchange of 13,538,971 units valued at $24,108,315 compared to 3,023,002 units valued at $8,414,790 from 36 securities on Friday.
Trading ended with an average of 365,918 units for $651,576 for each security traded, in contrast to 83,972 units for an average of $233,744 on Friday. The average volume and value for the month to date amounts to units 165,898 valued at $384,243 and previously 112,656 units valued at $313,082. In contrast, February closed with an average of 167,673 units valued at $488,098 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading 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 gained $1.25 to end at $25 with 8,472 stock units trading, AMG Packaging closed with a loss of 20 cents at $1.60, in swapping 59,917 shares, Caribbean Cream declined by 2 cents to settle at $3.07, with an exchange of 10,028 stock units. Cargo Handlers lost 30 cents to end at $6.70 trading 1,545 shares, Caribbean Flavours ended with a loss of 1 cent at $10.15 with 3,350 stock units changing hands, Consolidated Bakeries closed 3 cents higher at $1.63, with 9,572 stock units trading. Derrimon Trading closed 12 cents higher at $1.92, with 7,188 stock units changing hands, Dolphin Cove dropped $1.70 to settle at a 52 weeks’ low of $8.30 in transferring 98,419 units, Elite Diagnostic ended market activity exchanging 79,540 shares to close at $3.30 after falling 40 cents. Express Catering closed trading of 158,444 units and gained 25 cents after trading at an intraday 52 weeks’ low of $3.50 to end at $4, Fontana lost 25 cents in trading 416,795 shares to close at $4.75. Fosrich ended market activity, exchanging 69,044 shares to close at $2.75, after falling 58 cents. General Accident dropped $1.49 trading of 155,750 units at $4.50, GWest Corporation lost 2 cents in trading of 123,368 units at 98 cents, Honey Bun lost $1.01 trading 96,150 shares to close at $5.29. iCreate ended with a loss of 1 cent to settle at 62 cents with 12,400 stock units changing hands, Indies Pharma dipped 18 cents in trading 26,145 units at $2.02, Iron Rock Insurance declined by 70 cents to close at 52 weeks’ low $2.30, with 5,381 units changing hands. Jetcon Corporation closed 5 cents lower in exchanging 28,900 shares to end at $1.25, but only after hitting a 52 weeks’ intraday low of $1, Knutsford Express closed with a loss of $1.10 at $9 swapping of 7,100 shares. Lasco Financial shed 64 cents in exchanging 190,506 units at a 52 weeks’ low of $2.46, Lasco Manufacturing closed 15 cents higher at $3.15, with 191,907 stock units trading after falling to an intraday low of $2.50. Limners and Bards fell 4 cents in transferring 123,710 units at $2.40, Lumber Depot ended market activity exchanging 775,632 shares to close at $1.25, after falling 12 cents, MailPac lost 20 cents in trading of 10,135,145 units at $1.50. Main Event fell 89 cents to end at $5.10, after trading 29,501 shares, Medical Disposables closed trading of 5,240 units and gained 7 cents to end at $6.30. Paramount Trading fell 24 cents in an exchange of 100,000 units at $1.70, SSL Venture closed with a loss of 10 cents at $1.02, after swapping 106,000 shares and tTech fell 70 cents to $4, after transferring 7,357 stock units.

Prices of securities trading for the day are those at which the last trade took place.

Oil prices plunged

Jamaica and the majority of Caribbean nations got some great news on Sunday, with the price of oil plunging 27 percent to just over US$30 per barrel.

Oil prices fell sharply in 2016 as well

Oil traded over $65 per barrel late 2019 but has fallen to the low US$50 recently. The price opened at US$32.87 and traded as low as $30 on Sunday, Jamaica time. The price is back to where it was in early 2016 when it tumbled from just over US$100 per barrel. According to Market Watch, a USA publication, Asian stock markets plunged Monday after global oil prices nosedived on worries a global economy weakened by a virus outbreak might be awash in too much crude.
Jamaica, a heavy oil user, imports around 20 million barrels per year and could save nearly US$400 million per annum if the price were to stay around these levels. If the price holds, it will result in gasoline price dropping, electricity bills will fall, but the government will collect far less taxes on petroleum.

The end may be in sight for JSE big losses

The Main Market of the Jamaica Stock Exchange got clobbered again on Friday with investors slashing more than 7,000 points off the All Jamaican Composite Index, but the end may be in sight as the index hits support at the close.

The end may be in sight for the big losses for the JSE Main market as it closed at support level on Friday.

Friday’s index loss brings the total for the week and month to date to 55,391 points or 10.5 percent. The decline for the year to date reached 15.3 percent while the market fell 110,366.3 points or 18.9 percent since peaking in August last year.
At the close, the JSE All Jamaican Composite Index dropped 7,274.07 points to close at 474,331.40, the JSE Market Index dived 6,632.94 points to 432,053.03 and the JSE Financial Index lost 0.22 points to 118.11.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 9 advancing, 31 declining and five ending unchanged. At the close, three stocks closed at 52 weeks low, while three traded at 52 weeks’ intraday low.
The JSE Main Market activity ended with 41 securities accounting for 28,587,236 units for $124,299,870 in contrast to 58,534,158 units valued at $293,293,547.76 from 42 securities on Thursday.
Wigton Windfarm was the lead traded with 10.2 million shares for 35.6 percent of total volume, followed by Sagicor Select Financial Fund with 9.3 million units for 32.4 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 3.9 million units for 13.6 percent market share.
The Market closed with an average of 697,250 units at $3,031,705 for each security traded, in contrast to 1,393,670 units valued at an average of $6,983,180 on Thursday. The average volume and value for the month to date amount to 734,052 units valued at $4,928,837 for each security changing hands compared to 924,613 units valued at $5,408,975 for each security traded. Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 16.9, while the Main Market ended at 16.1 times 2019 earnings.
In the prime market, Barita Investments ended at $63.51, after losing $1.49 in exchange for 32,443 shares, Berger Paints closed $2 lower to a 52 weeks’ low of $11, in transferring 3,043 units, Caribbean Cement dropped $7 to close at $58, with 21,365 stock units changing hands. Eppley Caribbean Property Fund rose $2.50 to end at $40, in swapping 160 shares, First Rock gained 73 cents to settle at $10.75 trading 9,237 units, Jamaica Broilers ended at $29, with a loss of $3.10 exchanging 62,597 shares. Jamaica Stock Exchange closed $1.05 lower to $26.50, in swapping 115,570 stock units. Kingston Wharves ended the day’s trade at 52 weeks low of $43, with a loss of $5 in trading 20,082, NCB Financial Group advanced $11 to $180, after transferring 124,379 shares, 138 Student Living gained 45 cents to close at $6.75, with 140 units changing hands, PanJam Investment dropped $1.99 to $94, after transferring 23,203 shares. Portland JSX Fund lost 55 cents trading 4,000 units to finish at $8.95, Proven Investments declined by $2.47 to $38.52, after swapping 31,864 stock units, Pulse Investments shed $1 to end at $9, with an exchange of 138,888 shares. Sagicor Group lost 50 cents, ending the day at $60.60, with 188,479 stock units traded, Salada Foods closed with a loss of 50 cents at $28.50 in swapping 535 units. Scotia Group ended at $50, after losing 50 cents in transferring 112,800 stock units, after it traded down to an intraday 52 weeks’ low of $40. Seprod declined by $3 exchanging 69,800 shares to close at $42, Supreme Ventures lost 30 cents to end at a 52 weeks’ low of $19.70, with an exchange of 211,976 units, Sygnus Credit Investments lost $2.35 to close at $18.15 while transferring 455,294 shares. Victoria Mutual Investments shed 70 cents to end at $6.80, in trading 382,192 stock units and Wisynco Group closed $1.90 lower to $18.10 in exchanging 439,672 shares.
Trading in the US dollar market ended with 251,573 units accounting for US$52,113. The market lost 5.32 points to close at 211.79. First Rock gained half of one cent to close at 8 US cents trading 88,754 shares, Productive Business Solution ended at 74 US cents, with a loss of 1 cent after exchanging 100 units. Proven Investments lost 1 cent to finish at 28 US cents, after swapping 160,484 shares and Sygnus Credit Investments lost 1 cent to settle at 17.5 US cents, with 2,235 shares changing hands.

Prices of securities trading for the day are those at which the last trade took place.

Investors slash 31% off Junior Market

Add your HTML code here...

The Junior Market of the Jamaica Stock Exchange suffered another day of more than 100 points fall in the market index as declining stocks clobbered advancers for the third consecutive day and leaving the market with a 24.3 drop since the start of the year and 31 percent from the peak in August last year.
The Market Index dropped 121.90 points to close at 2,534.51, taking the market value back to December 2016 levels.
At the close of market activities, the prices of just seven securities advanced, 24 declined and five remained unchanged. The average market PE ratio ended at 12.4 times 2019 earnings.
Investors traded 36 securities, resulting in an exchange of 3,023,002 units for $8,414,790 compared to 4,570,211 units amounting to $14,248,217 on Thursday.
Trading ended with an average of 83,972 units for an average of $233,744 in contrast to 126,950 units for an average of $395,784 on Thursday. The average volume and value for the month to date amounts to 112,656 units valued at $313,082 and previously 161,273 units valued at $342,583. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading continues to show a weak market with one stock ending with the bid higher than the last selling price and nine with lower offers.
At the close of the market, AMG Packaging lost 10 cents in trading of 27,840 units at $1.80, Blue Power fell 30 cents in exchanging 6,660 units at $3.70, Cargo Handlers lost 6 cents to end at a 52 weeks’ low of $7 with 12,455 stock units trading. Caribbean Cream ended trading with 3,200 shares, after rising 2 cents to end at $3.09, Caribbean Flavours closed $4.33 lower to 52 weeks’ low of $10.16 in transferring 2,240 units, Consolidated Bakeries shed 19 cents with 14,314 shares changing hands to close at $1.60. Derrimon Trading ended 15 cents lower with 53,245 units crossing the exchange at $1.80, Dolphin Cove ended with a loss of $1 to close at $10 with 100 stock units changing hands, Elite Diagnostic fell 31 cents in exchanging 276,396 units at $3.70. Express Catering lost 64 cents transferring 23,842 units at a 52 weeks’ low of $3.75, Fontana slipped 80 cents in trading of 216,761 units at $5, Fosrich climbed 3 cents and exchanged 8,915 shares at $3.33. General Accident closed trading of 5,209 units and gained 74 cents to end at $5.99, GWest Corporation ended with a loss of 1 cent at $1 with 139,789 stock units changing hands, Honey Bun ended market activity exchanging 16,355 shares to close at $6.30 after falling 15 cents. Indies Pharma dipped 10 cents in trading 136,295 units at a 52 weeks’ low of $2.20, Jamaican Teas ended market activity in transferring 216,409 shares to close at $5 after falling 95 cents. Jetcon Corporation ended trading of 500 shares, after rising 5 cents to end at $1.30, Knutsford Express declined by 10 cents to settle at $10.10, with 1,844 units traded, Lasco Distributors exchanged 185,493 shares to close at $2.80 after falling 10 cents. Lasco Financial lost 10 cents in trading 65,342 shares to close at $3.10, Lasco Manufacturing lost 30 cents transferring 179,403 units at $3, Limners and Bards declined15 cents in trading 318,551 units at $2.44. Lumber Depot ended with a loss of 1 cent at $1.37 with 664,558 stock units changing hands, MailPac declined by 5 cents trading 215,722 units at $1.70, Main Event climbed 38 cents to settle at $5.99 with 47,619 shares changing hands, Medical Disposables dipped 75 cents in trading of 5,557 units to close at $6.23. Paramount Trading closed 2 cents higher at $1.94, with 25,000 stock units changing hands, SSL Venture Capital declined by 11 cents to settle at $1.12 after trading 5,882 shares, Stationery and Office Supplies lost 50 cents exchanging 19,267 units to end at $8 and tTech closed trading of 1,100 units and gained 83 cents to end at $4.70.
In the junior market preference segment, CAC 2000 9.5% preference share traded 4,000 units at $1.

Prices of securities trading for the day are those at which the last trade took place.

Record 24,000 points plunge for JSE

The Jamaica Stock Exchange Main Market suffered its worse daily fall in its near 51 year history with All Jamaican Composite Index plunging a massive 24,224.80 points to close at 481,605.47, the JSE Market Index nose-dived 21,798.25 points to 438,685.97. The JSE Financial Index slipped just 2.79 points to 118.33.

JSE All Jamaica Composite Index dropping sharply this week as some investors retreated from the market.

Thursday’s sharp fall brings the total decline for the week to 48,117 points or 9 percent and 56,657 points since February 21, making the loss 10.5 percent in just eight days and 14 percent for the year to date.
The market closed with 48 securities changing hands in the Main and US dollar markets with the prices of 12 advancing, 26 declining and 10 trading firm. During trading, five stocks hit 52 weeks’ lows, but only one ended the trading session at the low. The JSE Main Market activity ended with 42 securities accounting for 58,534,158 units for $293,293,548 in contrast to, 29,204,863 units valued at $241,250,894.58 from 40 securities on Wednesday.
Sagicor Select Financial Fund dominated trading with 44.6 million shares for 76.3 percent of total volume, followed by Wigton Windfarm with 5 million units for 8.6 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 2.1 million units for 3.5 percent of the market’s volume. QWI Investments with 1.5 million shares was the only other stock trading more than a million units.
The Market closed with an average of 1,393,670 units valued at an average of $6,983,180 for each security traded, in contrast to 730,122 units valued at an average of $6,031,272 on Wednesday. The average volume and value for the month to date amount to 924,613 units for $5,408,975 for each security changing hands, compared to 760,443 units valued at $4,858,004 for each security. Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and five closing with lower offers. The PE ratio of the market has dropped to 17.3, while the Main Market ended at 16.5 times 2019 earnings.
In the prime market, Barita Investments closed $1 lower to $65, with 54,440 shares changing hands, Berger Paints ended at $13, after losing $1 trading 5,656 units, Caribbean Cement shed $2 to finish at  $65, in swapping 595,327 shares. Carreras gained 31 cents to close at $7.81, with an exchange of 199,039 shares, Eppley climbed $2.95 higher to $16, in transferring just 933 units, Grace Kennedy lost $1 to close at $66, after trading 145,138 shares. Jamaica Stock Exchange settled at $27.55, with a gain of $1 in exchanging 165,726 shares, Kingston Wharves dropped $2 to end at $48, with 20,707 shares traded, Mayberry Investments lost 82 cents to close at $7.18, in exchanging 33,205 units, NCB Financial Group ended at $169, with a loss of $1.55 after 367,245 shares crossed the market. PanJam Investment dropped $2.01 to $95.99, after transferring 107,107 shares, Radio Jamaica lost 34 cents to close at $1.35, with 129,228 shares changing hands, Sagicor Real Estate Fund closed 35 cents lower to $9.50, in trading 98,644 stock units. Salada Foods closed at $29, with a loss of $5 swapping 1,211 shares, Scotia Group ended at $50.50, after losing $2 transferring 289,207 shares, Seprod declined by $2.07 exchanging 647,209 and closed at $45. Supreme Ventures lost $1 to end at $20, with 73,161 shares changing hands, Sygnus Credit Investments closed at $20.50, with a loss of $3.30 swapping 124,690 shares. Victoria Mutual Investments lost 50 cents to end at $7.50, in trading 295,373 shares, Wisynco Group lost $2.45 in transferring 495,518 shares at $20, and in the preference section, Productivity Business Solution closed with 5,000 units crossing the exchange and rose $5 to $105.
Trading in the US dollar market ended with 134,498 units for US$16,482. The market slid 1.79 points to close at 217.11 to be down just 4 percent for the year to date. The market ended with First Rock Capital trading 115,000 units at 7.5 US cents, Proven Investments swapped 2,948 units at 29 US cents, Sterling Investments lost 0.8 of a cent and closed at 2.10 US cents, in transferring 1,000 units and Sygnus Credit Investments gained 0.5 cents to settle at 18.5 US cents, with 12,100 shares changing hands.
In the US preferences section, JMMB Group 5.75% preference share gained 15 cents to close at US$2.15 while exchanging 1,500 units and JMMB Group 6% preference share lost 1 cent to end at 99 US cents, with an exchange of 1,950 shares.

Junior Market drops 27% from peak – Thursday

Junior Market gets big hit in March

The Junior Market got another body blow on Thursday with the market index sinking a further 102.35 points on top of the 100 point drop on Wednesday to close at 2,656.41 for a decline of 27 percent below August 2019 peak. The day ended with almost five times as many falling stocks as those advancing and closed with seven securities trading at 52 weeks’ lows. Trading ended with 36 securities changing hands and leading to the prices of 24 stocks declining, just four advancing and eight remaining unchanged.
Trading concluded on Thursday with an exchange of 4,570,211 units valued at $14,248,217 compared to 4,395,557 units valued at $10,234,154 on Wednesday. The PE ratio of the market ended at 12.7 times 2019 earnings.
Trading ended with an average of 126,950 units at $395,784 for each security traded in contrast to 125,587 units for an average of $292,404 on Wednesday. The average volume and value for the month to date amounts to 161,273 units valued at $342,583 and previously 115,778 units valued at $324,168. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading was negative with a reading of two stocks ending with bids higher than their last selling prices and eight with lower offers.
At the close of the market, Access Financial exchanged 8,848 shares at 52 weeks’ low of $23.75 after falling $2.11, AMG Packaging closed 10 cents higher at $1.90 with 5,144 stock units trading, Blue Power lost 56 cents in trading of 11,170 units at $4. Cargo Handlers fell 92 cents to $7.06 with 4,137 units traded, Caribbean Cream dropped 23 cents in trading of 8,919 units to close at a 52 weeks’ low of $3.07, Caribbean Producers exchanged 51,300 shares to close at $3.90 after falling 10 cents. Derrimon Trading shed 1 cent to end at $1.95 with 252,202 stock units changing hands, Elite Diagnostic dipped 9 cents in trading of 68,896 units at $4.01, Everything Fresh slipped 3 cents to 82 cents in the exchange of 205,300 units. Express Catering fell 46 cents in trading of 166,287 units at $4.39, Fosrich declined 4 cents to a 52 weeks’ low of 44 before bouncing to close at $3.30 with 158,583 units swapped, General Accident closed at $5.25 after dropping 80 cents in the trading 31,584 shares. GWest Corporation ended with a loss of 1 cent at $1.01 with 5,200 stock units changing hands, Honey Bun fell 5 cents in trading of 30,899 units at $6.45, iCreate finished 1 cent lower at 63 cents with an exchange of 88,382 stock units. Indies Pharma declined 8 cents in trading of 63,757 units at a 52 weeks’ low of $2.30, Iron Rock Insurance closed trading of 11,844 units and gained 10 cents to end at $3, Jamaican Teas shed 34 cents in trading of 506,124 units at $5.95. KLE Group ended market activity exchanging 7,500 shares to close at $1.99 after falling 31 cents, Knutsford Express closed at $10.20 after falling 65 cents with 1,189 shares changing hands, Lasco Distributors traded 100,800 shares to close at $2.90 after falling 8 cents. Limners and Bards ended trading of 237,677 units and gained 8 cents to end at $2.59, Lumber Depot closed with a loss of 2 cents at $1.38, after swapping 83,259 shares, Mailpac Group declined 5 cents in trading of 1,645,068 units at $1.75. Main Event ended with a loss of 1 cent at $5.61 with 10,463 stock units changing hands, Medical Disposables closed trading of 5,500 units and gained 83 cents to end at $6.98, Paramount Trading finished the day at $1.92 after rising 2 cents with 20,000 shares traded. Stationery and Office Supplies lost 75 cents after 78,692 stock units changed hands, to close at $8.50 and tTech declined 31 cents to close at a 52 weeks’ low of $3.87 with 11,194 units crossing the exchange.

Prices of securities trading for the day are those at which the last trade took place.

Worse day for Jamaican Stocks

The Jamaica Stock Exchange suffered it worse day with a fall of 24,224.80 points off the Composite index on Thursday, beating the 14,424.69 points fall on Tuesday when the market closed at 511,165.47.
Main Market stock suffering significant declines include NCB Financial $1.55, Caribbean Cement $2, PanJam Investments $2.01, Scotia Group $2, Sygnus Credit $3.30 and Wisynco off $2.45.
The Junior Market that has been under pressure some months and fell 99.62 points on Wednesday dropped another 102.35 points on Thursday, to close at 2,656.41. Junior Market stocks that suffered the greatest losses that to Thursday’s sharp fall include Access Financial down $2.11, Blue Power off 56 cents, Cargo Handlers with a loss of 96 cents Express Catering falling 46 cents, General Accident down 80 cents, Knutsford Express off by 65 cents and Stationery and Office Supplies down 75 cents.

JSE Main Market down 13% since August 2019

The Jamaica Stock Exchange Main Market suffered more losses on Tuesday, bringing the loss for the Composite Index to 23,892 points in three days, with a fall of 9.6 percent since the start of the year and 13 percent from the peak of 584,697.71 on August 8, last year.  
The JSE All Jamaican Composite Index declined by 5,335.20 points to close at 505,830.27, the JSE Market Index dropped 4,832.90 points to 460,484.22 and the JSE Financial Index lost 1.47 points to 124.12.
The market closed with 41 securities changing hands in the Main and US dollar markets with the prices of eight advancing, 29 declining and four trading firm. The JSE Main Market activity ended with 40 securities accounting for 29,204,863 units valued at $241,250,895 in contrast to 29,930,856 units valued at $203,577,617 from 39 securities on Tuesday.
Sagicor Select Financial Fund dominated trading with 14.1 million shares for 48.4 percent of total volume, followed by Wigton Windfarm with 6.1 million units for 21 percent of the day’s trade and Wisynco Group with 2.1 million units for 7.2 percent of the market’s volume.
The Market closed with an average of 730,122 units valued at an average of $6,031,272 for each security traded, in contrast to 767,458 units valued at an average of $5,219,939 on Tuesday. The average volume and value for the month to date amount to 760,443 units valued at $4,858,004 for each security changing hands compared to 775,604 units valued at $4,172,370 for each security traded. Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and six closing with lower offers. The PE ratio of the market ended at 17.5, while the Main Market ended at 16.8 times the 2019 earnings.
In the prime market, Barita Investments declined by $2 to $66, in an exchange of 53,555 shares, Berger Paints shed $1 to finish at $14, with 4,919 units changing hands, Caribbean Cement closed $2 higher to end at $67, in transferring 42,598 shares. Carreras lost 40 cents to close at $7.50 after trading 65,364 units, Eppley dropped $4.45 to $13.05 after swapping 4,900 units, First Rock Capital gained 65 cents to settle at $9.90, with an exchange of 35,770 shares. Grace Kennedy ended 92 cents lower at $67, after transferring 38,824 shares, Jamaica Broilers lost $2.40 trading 225,276 stock units to finish at $32.10, JMMB Group fell $3.27 to $39.01 after moving 756,324 shares through the market, Kingston Wharves closed $3 lower at $50, with 99,590 shares crossing the market. Mayberry Investments gained 40 cents to end at $8, in exchanging 232,702 units, Mayberry Jamaican Equities finished at $9.77, with a loss of $1.23 in transferring 16,027 shares. MPC Caribbean Clean Energy climbed $16.99 to $147, after trading a mere 100 units, NCB Financial tumbled $11.45 to 52 weeks’ low $170.55 and transferring 106,868 shares, 138 Student Living lost 62 cents to end at $6.50, with 13,800 units changing hands. PanJam Investment closed $1 lower to $98, in swapping 8,112 shares, Proven Investments shed $3.50 to end at $41, with an exchange of 8,284 shares, Pulse Investments lost $1 to close at $10, with 51,559 shares changing hands. Sagicor Group dropped $3.90 to end at $61.10, with an exchange of 1,136,646 shares, Salada Foods closed at $34, with a loss of $1 trading 1,592 shares. Scotia Group ended at $52.50, after losing $1.51 transferring 179,479 shares, Seprod declined by $4.34 after exchanging 24,220 units and closed at $47.07, Supreme Ventures lost $1.35 to end at $21, in swapping 58,263 shares. Sygnus Credit Investments closed at $23.80, with a loss of 70 cents trading 43,363 stock units, Victoria Mutual Investments lost 50 cents to end at $8, with 669,559 shares changing hands and Wisynco Group shed 45 cents to settle at $22.45, in transferring 2,114,845 shares.
Trading in the US dollar market ended with 6,641 units valued at over US$498. The market slipped 1.89 points to close at 218.90 as First Rock Capital lost 0.5 cents, trading 6,641 units to end at the lowest level of 7.5 US cents since listing in late February.

Prices of securities trading for the day are those at which the last trade took place.

Junior Market tumbles 25% in 7 months

The Junior Market Index suffered yet another huge loss tumbling 100.62 points to close at 2,758.76 on Wednesday with a fall of 17.6 percent the year and 25 percent since the peak in August last year.
Wednesday decline takes the market back to January 2017 levels as investors push the prices of some stocks well below average market value on relatively small volumes.
The market closed with the PE ratio at 13.2 times 2019 earnings after three stocks traded at 52 weeks’ lows during the day.
At the close of market activities, 35 securities changed hands with the prices of 21 securities falling, just seven stocks advancing and seven closing unchanged.
Trading concluded on Wednesday with, resulting in an exchange of 4,395,557 units valued at $10,234,154 compared to 3,670,387 units valued at $10,621,296 on Tuesday.
The day ended with an average of 125,587 units at $292,404 for each security traded in contrast to 114,700 units for an average of $331,916 on Tuesday. The average volume and value for the month to date amounts to 115,778 units valued at $324,168 and previously 110,803 units valued at $340,279. In contrast, February closed with an average of 167,673 units valued at $488,038 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, AMG Packaging lost 10 cents in trading of 14,576 units at $1.80, Blue Power gained 6 cents exchanging 21,873 shares at $4.56, Caribbean Cream settled at $3.30 after dropping 7 cents trading of 478,546 units. Caribbean Producers dipped 65 cents in the swapping of 150,530 units at $4, Derrimon Trading fell 2 cents with 33,836 units crossing the exchange at $1.96, Dolphin Cove ended market activity exchanging 1,350 shares at $11 after falling 25 cents. Elite Diagnostic shed 30 cents to close at $4.10 with 21,336 shares changing hands, Everything Fresh lost 10 cents in trading 125,575 shares to close at 85 cents, Express Catering finished with a loss of 15 cents at a 52 weeks’ low of $4.85, in swapping 47,640 shares.  Fontana fell 30 cents in trading of 177,543 units at $5.80, Fosrich closed with a loss of 6 cents at $3.34, swapping 37,378 shares, General Accident ended market activity exchanging 44,529 shares at $6.05 after falling 34 cents. Honey Bun added 50 cents to close at $6.50, with 8,523 stock units trading, iCreate dropped 5 cents in the exchange of 34,369 units at 64 cents, Indies Pharma declined by 17 cents to settle at a 52 weeks’ low of $2.38 with 88,260 units crossing the market. Jamaican Teas ended with a loss of 1 cent at $6.29 with 21,534 stock units changing hands, Jetcon Corporation closed trading of 161,335 units and gained 7 cents to end at $1.25, Knutsford Express lost 35 cents to settle at $10.85 with 917 stock units traded. Lasco Distributors ended market activity exchanging 8,230 shares to close at $2.98 after falling 2 cents, Lasco Financial finished 20 cents higher at $3.20 with 75,804 stock units trading, after the price hit a 52 weeks’ low of $2.80, Lasco Manufacturing closed with 163,856 shares changing hands at $3.30 after falling 35 cents. Limners and Bards shed 11 cents in trading 86,934 units at $2.51, Main Event ended with 21,779 units crossing the exchange and gained 2 cents to close at $5.62, Medical Disposables exchanged 8,816 shares to close at $6.15 after falling 15 cents. Stationery and Office Supplies lost 70 cents in trading 1,100 stock units to close at $9.25, SSL Venture shed 5 cents in after transferring ownership of 20,696 units at $1.23. tTech closed 18 cents higher at $4.18, with 7,000 stock units crossing the exchange and CAC 2000 preference shares rose 20 cents to $1 after 11,547 units changed hands.

Prices of securities trading for the day are those at which the last trade took place.

JSE Main Market suffers biggest day’s drop

The Jamaica Stock Exchange Main Market on Tuesday suffered the biggest fall of the market index in the JSE 50 year history as nervous investors cut 8.7 percent of the value of stocks since the commencement of the year.
At the close, the JSE All Jamaican Composite Index plunged 14,424.69 points to close at 511,165.47. The previous biggest fall in the JSE Composite index was 12,616.74 points on October 18, 2018. The JSE Market Index nose-dived 13,201.50 points to 465,317.12 and the JSE Financial Index dropped 3.55 points to 125.59.
The market closed with 44 securities changing hands in the Main and US dollar markets with the prices of 15 advancing, 21 declining and 8 trading firm. The JSE Main Market activity ended with 41 securities accounting for 29,930,856 units valued at $203,577,617 in contrast to 32,117,425 units valued at $138,131,956 from 41 securities on Monday.
Sagicor Select Financial Fund dominated trading with 11.1 million shares for 37 percent of total volume, followed by Wigton Windfarm with 8.9 million units for 30 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 3.6 million units for 12 percent of the market’s volume. The only other stock trading more than one million shares, was Wisynco Group, with 1.7 million units.
The Market closed with an average of 767,458 units valued at an average of $5,219,939 for each security traded, in contrast to 783,352 units valued at an average of $3,369,072 on Monday. The average volume and value for the month to date amount to 775,604 units valued at $4,271,370 for each security changing hands. Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and five closing with lower offers. The PE ratio of the market ended at 18.1, while the Main Market ended at 17.4 times the 2019 earnings.
In the Main Market, Barita Investments advanced $2 to $68, in trading 12,797 shares, Berger Paints closed $2.25 higher to $15, in transferring 700 units, Caribbean Cement dived $6.50 to end at $65, with an exchange of 213,258 shares, Eppley Caribbean Property Fund shed $4.49 to close at $37.51, in swapping a mere 9 units. First Rock Capital lost 65 cents and closed at its lowest level since listing in late February at $9.25, after it traded at a new low of $8.50, earlier in the day. The stock closed trading with 131,575 shares changing hands. Grace Kennedy gained $1.93 to finish at $67.92, after transferring 66,535 shares, Jamaica Broilers shed $1.50 to end at $34.50, with 399,300 shares changing hands. Jamaica Producers lost 86 cents trading 126,071 shares and closed at $21.14. Jamaica Stock Exchange settled at $26.51, with a loss of 99 cents with 716,481 stock units crossing the market, JMMB Group ended at $42.28, with gains of $1.53 after transferring 367,626 shares, Kingston Wharves closed $2 higher to $53, with 7,243 shares traded. Mayberry Investments lost 31 cents to end at $7.60, exchanging 21,212 units, PanJam Investment finished 99 cents lower trading 60,990 to close at $99, Proven Investments dropped $3.50 to settle at $44.50, in transferring 8,583 units, Pulse Investments lost 45 cents to close at $11, after swapping 85,736 shares. Sagicor Group shed $1.50 to end at $65, with an exchange of 167,791 shares. Sagicor Real Estate Fund closed at $9.85, with gains of 35 cents while trading 20,603 stock units, Scotia Group ended at $54.01, after losing 49 cents and transferring 92,235 shares, Sterling Investments ended at $3, with a loss of 60 cents as 71,000 shares crossed the exchange. Supreme Ventures climbed $1.35 to settle at $22.35, in swapping 153,799 shares, Sygnus Credit Investments lost 50 cents to finish at $24.50, after trading 30,562 units and Victoria Mutual Investments gained 45 cents to end the day’s trade a $8.50, with 188,051 shares changing hands.
Trading in the US dollar market ended with 65,482 units valued at over US$14,632. The market lost 0.34 points to close at 220.79. First Rock Capital lost 1.9 cents after trading 9,921 units at a new low of 8 US cents, JMMB Group 6% preference share exchanged 520 units at US$1, Proven Investments closed at 29 US cents, with 28,291 units changing hands. Sterling Investments swapped 790 units at 2.85 US cents and Sygnus Credit Investments closed at 18 US cents, with a loss of 1.5 cents after trading 25,960 shares.

Prices of securities trading for the day are those at which the last trade took place.

Обновили на порносайте pornobolt.tv порно страничку о том как парень выебал пизду мачехи, которая устала от своего муженька Комиксы, Манга читать онлайн на Русском языке

Brand new Partner with our doctors to make you happy is Omtogel RTP

Play Pin-up aviator Slots and e-Diet in Polska.