Stocks started off with losses in the Main Market indices on Tuesday to commence the new month with declining stocks outclassing rising ones more than two to one, with an exchange of 56 percent fewer shares valued 82 percent less than in trading on Friday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 2,057.62 points to end at 461,426.03, the JSE Main Index fell 2,288.15 points to 421,846.86 and the JSE Financial Index slipped 0.74 points to 103.74.
Trading ended with 52 securities compared to 48 on Friday, with 11 rising, 25 declining and 16 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.2 based on ICInsider.com forecast of 2021-22 earnings.
The market closed with 7,489,347 shares trading for $44,473,648 versus 16,885,082 units at $243,553,449 on Friday. Transjamaican Highway led trading with 21.3 percent of total volume after exchanging 1.60 million shares followed by Wigton Windfarm 20.3 percent, with an exchange of 1.52 million units, QWI Investments controlled 16.8 percent of the market with 1.26 million units and Sagicor Select Financial Fund 14.4 percent after 1.08 million units changed hands.
Trading averaged 144,026 units at $855,262, compared to 351,773 shares at $5,074,030on Friday. Trading for July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments spiked 90 cents to $83.90 in trading 1,918 units, Caribbean Cement declined $2.99 to close at $92 with the swapping of 13,745 stock units, Eppley fell $1.70 to $38.30 in switching ownership of 1,891 stocks, Guardian Holdings rallied $1 to $650 in transferring 317 shares, after hitting a 52 weeks’ low of $630. Jamaica Broilers rose 77 cents to $36.40 after 14,855 stocks cleared the market. Jamaica Producers lost 20 cents ending at $23.50 with 8,274 units changing hands, Jamaica Stock Exchange dipped 39 cents to $17.40 with the swapping of 14,293 shares, Kingston Wharves shed $1.24 to finish at $47.76 with an exchange of 4,660 stocks. Margaritaville slipped 42 cents to $14.08 with 60 units crossing the market, NCB Financial dropped $2.40 to $139.60 in transferring 44,860 stock units, Palace Amusement dived $10 to $1,040 in an exchange of 97 units.
PanJam Investment shed $1 to close at $64 in trading 3,648 stocks, Pulse Investments fell 20 cents to $3.80 with 20,645 shares clearing the market. Sagicor Group shed $2 to settle at $56 with 71,600 stocks changing hands, Scotia Group fell $1 to $41 after crossing the exchange with 9,844 units, Stanley Motta shed 45 cents at $5.30 with a transfer of 38,239 stocks, Supreme Ventures popped 20 cents to $20.20 in trading 27,025 units and Sygnus Credit Investments lost 28 cents to close at $14.22 in switching ownership of 30,162 stocks.
In the preference segment, Eppley 8.25% gained 40 cents to close at $6.50 in an exchange of 718 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index added just 48.11 points to end at 460,076.56, the JSE Main Index shed 405.69 points to finish at 420,886.99 and the JSE Financial Index slipped 0.23 points to 103.72.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and two with lower offers.
Sagicor Group declined $1 to $55 with 57,606 stock units crossing the market, Scotia Group spiked 50 cents to $41.50 with 446 units clearing the market and Supreme Ventures shed 50 cents at $20 in switching ownership of 10,621 stocks.
At the close at trading, the All Jamaican Composite Index bolted 4,368.07 points to 460,028.45, the JSE Main Index climbed 3,966.51 points to end at 421,292.68 and the JSE Financial Index rose 1.49 points to 103.95.
June ended with an average of 249,610 units at $3,877,606.
NCB Financial Group rose 50 cents to $142 with 8,605 stocks clearing the market, Palace Amusement shed $1 to end at $1,020 in transferring 67 units, Scotia Group popped $2.01 to $41 after 325,790 stock units crossed the exchange and Supreme Ventures advanced $1.25 to $20.50, with 708,931 shares changing hands.
The All Jamaican Composite Index declined by 1,098.23 points to 455,660.38, the JSE Main Index dropped 1,177.18 points to end at 417,326.17 and the JSE Financial Index shed 0.31 points to close at 102.46.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and five with lower offers.
Proven Investments popped 89 cents to $34.99 with 33,406 units clearing the market, Sagicor Group rose $2.08 to $56 with 20,997 shares crossing the exchange, Scotia Group spiked 29 cents to $38.99, with 58,593 stocks trading. Seprod popped 50 cents to $70.50 in transferring 404,614 units, Sterling Investments shed 20 cents to end at $2.80 with the swapping of 350,000 stock units and Wisynco Group gained 29 cents to finish at $15.99 in switching ownership of 1,714,772 shares.
The All Jamaican Composite Index fell 1,091.39 points to 456,758.61, the JSE Main Index shed 853.02 points to end at 418,503.35 and the JSE Financial Index slipped 0.48 points to 102.77.
QWI Investments with 7.7 percent for 594,882 units.
Portland JSX advanced $1.20 to $9.20 with the swapping of 541 units, Proven Investments fell 90 cents to $34.10 after exchanging 15,417 shares, Radio Jamaica spiked 11 cents to end trading at a 52 weeks’ closing high of $2.15, with 578,444 shares clearing the market. Sagicor Group dropped $1.83 to $53.92 with the transfer of 55,508 units and Seprod gained 90 cents to end at $70 in exchanging 83,359 stocks.
The All Jamaican Composite Index popped 853.62 points to 457,850.00, the JSE Main Index dipped 52.77 points to 419,356.37 and the JSE Financial Index inched 0.08 points higher to 103.25.
Trading averaged 320,037 units at $2,141,728, compared to 240,337 shares at $897,464 on Thursday. Trading month to date averages 340,903 units at $18,719,581, in contrast to 342,188 units at $19,740,077 on Thursday. June ended with an average of 249,610 units at $3,877,606.
Palace Amusement dived $120 to $980 with 102 stocks crossing the exchange, Scotia Group lost 37 cents to $38.75 in trading 126,690 shares, Seprod rallied $1.98 to $69.10 in switching ownership of 90,663 stock units, Sterling Investments gained 20 cents to finish at $3 in exchanging 101,297 units and Supreme Ventures popped 30 cents to close at $19.25 with the swapping of 201,367 shares.
Trading averaged 240,337 units at $897,464, compared to 139,495 shares at $1,919,540 on Wednesday. Trading month to date, averages 342,188 units at $19,740,077, in contrast to 349,306 units at $21,057,034 on Wednesday. June ended with an average of 249,610 units at $3,877,606.
Radio Jamaica popped 7 cents to end at a 52 weeks’ closing high of $2.12 after hitting a high of $2.35 in trading 4,244,290 stock units, Sagicor Group rose 60 cents to $55.60 with the swapping of 7,350 units, Scotia Group rallied 42 cents to $39.12 in exchanging 36,715 shares, Seprod fell $2.07 to $67.12 in transferring 5,569 units, Sterling Investments lost 20 cents to end at $2.80 in exchanging 140,000 stock units, Supreme Ventures dipped 24 cents to $18.95 in trading 94,131 shares and Victoria Mutual Investments popped 40 cents to end at $6.40 in switching ownership of 13,298 stock units.
At the close, the All Jamaican Composite Index advanced 1,662.75 points to 455,560.97, the JSE Main Index climbed 2,127.16 points to end at 418,464.25 and the JSE Financial Index rose 0.88 points to 103.24.
At the close, Barita Investments shed 59 cents to end at $83.41 with a transfer of 839,640 shares, Berger Paints spiked 90 cents to $13.90 in exchanging 20 stock units, Caribbean Cement popped $1.25 to $92.75 with 1,654 units crossing the market. Eppley Caribbean Property Fund spiked $1.85 to $43 with the swapping of 27 stocks, Grace Kennedy lost 49 cents to close at $99.50 in switching ownership of 12,187 units. Guardian Holdings surged $24 to $670 in trading 526 stocks, Kingston Properties rallied 85 cents to $9.90 in exchanging 6,700 stock units, Kingston Wharves declined $2.32 to $47.60, with 11,630 shares changing hands. Margaritaville fell 25 cents to $14.50 with 8,513 units crossing the exchange, Mayberry Investments shed 45 cents to $5.70 with the swapping of 3,760 shares, Mayberry Jamaican Equities fell 25 cents to $9.05 in switching ownership of 36,860 stocks. NCB Financial rose 99 cents to $139.99 in switching ownership of 21,567 stock units, Palace Amusement climbed $40 to $1,100 in trading 124 stocks, PanJam Investment slipped $1 to $64 after an exchange of 6,052 units. Portland JSX rose 83 cents to $8 in trading 179 stock units, Proven Investments picked up 40 cents to close at $34.50 after trading 31,665 stocks, Radio Jamaica popped 5 cents to end at a 52 weeks’ high of $2.05 while exchanging 842,024 shares.
Sagicor Group advanced $3 to $55 in switching ownership of 61,758 shares, Seprod fell 80 cents to $69.19 with 17,791 shares changing hands, Sterling Investments gained 20 cents to end at $3 with 163,311 units crossing the market and Sygnus Credit Investments lost 38 cents after ending at $14.72 in trading 20,833 units.
At the close, the All Jamaican Composite Index fell 587.12 points to 453,898.22, the JSE Main Index shed 595.66 points to end at 416,337.09 and the JSE Financial Index slipped 0.30 points to 102.36.
Trading averaged 928,081 units at $5,234,041, compared to 291,157 shares at $1,401,376 on Monday. Trading month to date averages 365,726 units at $22,554,751, in contrast to 322,738 units at $23,878,799 on Monday. June ended with an average of 249,610 units at $3,877,606.
PanJam Investment popped $3.99 to $65 after exchanging 1,110 stock units, Sagicor Group slipped $3 to $52 with the swapping of 110,420 stocks, Sagicor Select Manufacturing & Distribution Fund popped 5 cents to 90 cents, with 440,711 stock units crossing the market. Scotia Group dipped 25 cents to $38.75, with 12,993 units crossing the exchange and Victoria Mutual Investments lost 49 cents after ending at $6 with 107,913 shares changing hands.
Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and three with lower offers.