Bulls made a gallant attempt to push the Jamaica Stock Exchange Main Market up another 3,000 plus points on Thursday, following Wednesday’s healthy rise, but the early gains were whittled away as market activity ended, with just a few hundred points rise in the indices at the close.
The All Jamaican Composite Index advanced 375.09 points to 435,762.21, the JSE Main Index rose 322.43 points to 397,006.85, and the JSE Financial Index gained 0.36 points to end at 99.98.
Trading ended with 45 securities, down from 47 on Wednesday with prices of 19rising, 12 declining and 14 remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 15.3.
The market closed with 36 percent more shares traded with a value that was 527 percent greater than on Wednesday, resulting from 13,523,122 shares trading for $248,266,043, up from 9,910,014 units at $39,590,810 on Wednesday. Jamaica Producers led trading with 44.9 percent of total volume for 6.07 million shares, followed by Transjamaican Highway with 15 percent for 2.03 million units, Wigton Windfarm accounted for 14.7 percent with 1.99 million units and Caribbean Cement with 7.9 percent for an exchange of 1.07 million units.
Trading averaged 300,514 units at $5,517,023, compared to an average of 210,851 shares at $842,358 on Wednesday. Month to date trading averages 231,680 units at $1,486,157, in contrast to 223,508 units at $1,007,558 on Wednesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Caribbean Cement declined $2.50 in closing at $69.50 after an exchange of 1,065,806 shares, Eppley Caribbean Property Fund dropped $3.85 to $40.54, with 210 units changing hands, Jamaica Producers advanced $1.25 to a 52 weeks’ high of $25.25 in trading 6,066,805 shares. The gain follows the announcement that the company is acquiring 50 percent shares in the UK based shipping line, Geest Line Limited. Key Insurance picked up 38 cents to end at $5.96 in a transfer of 80,438 units, Mayberry Investments lost 20 cents to close at $5.15 in trading 18,224 stocks, Palace Amusement dropped $55 in ending at $740 with the swapping of 51 shares. PanJam Investment shed 49 cents to close at $62 in an exchange of 169,406 stock units, Proven Investments rose 71 cents to $36.70 trading 24,702 stocks. Sagicor Group fell 60 cents to finish at $50 after 9,782 shares crossed the exchange.
Salada Foods gained 35 cents ending at $5.20 with an exchange of 5,775 stock units, Scotia Group closed 54 cents higher at $41.99 with the swapping of 2,624 shares, Seprod rose 50 cents to close at $75.50, trading 9,402 units and Supreme Ventures gained 49 cents and ended at $15.51 in the transfer of 52,263 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading averaged 210,851 units at $842,358, compared to 196,468 shares at $1,276,968 on Tuesday. Month to date averages 223,508 units at $1,007,558, in contrast to 225,299 units at $1,030,945 on Tuesday. March averaged 354,304 units at $2,543,232.
NCB Financial advanced $2.96 to $142.95 after trading 23,531 shares, Palace Amusement dropped $19 to close at $795 in switching ownership of 72 stock units, Proven Investments rose 99 cents to end at $35.99 in the swapping of 245,561 stocks. Sagicor Group gained 60 cents to settle at $50.60 with 3,166 shares changing hands, Scotia Group picked up 44 cents to end at $41.45 trading 103,584 stock units and Seprod rose 50 cents to close at $75 in switching ownership of 10,543 shares.
Trading on Tuesday averaged 196,468 units at $1,276,968, compared to 419,047 shares at $1,015,390 on Monday. Month to date averages 225,299 units at $1,030,945, versus 230,411 units at $987,324 on Monday. March closed with an average of 354,304 units at $2,543,232.
MPC Caribbean Clean Energy declined $1 to end at a 52 weeks’ low of $128 in switching ownership of 199 units, NCB Financial Group climbed $2.98 to $139.99 trading 19,240 stock units, Proven Investments shed 50 cents to close at $35 in the swapping of 42,727 shares. Sagicor Group climbed $2.30 to $50, trading 18,739 units, Scotia Group advanced $1.01 to $41.01 with the transfer of 13,932 stock units. Seprod gained $1 to settle at $74.50 trading 20,144 stocks, Supreme Ventures fell $1 to $15.10 with 135,475 units changing hands and Victoria Mutual Investments ended 30 cents lower at $5.30 with 266,003 shares crossing the market.
The All Jamaican Composite Index declined 1,972.70 points to 430,747.05, the Main Index shed 1,779.46 points to 392,649.46 and the JSE Financial Index slipped 0.32 points to 98.47.
Trading averaged 419,047 units at $1,015,390, compared to 76,636 shares at $450,648 on Friday. Month to date trading averaged 230,411 units at $987,324, in contrast to 191,717 units at $981,567 on Friday. Trading month to date compares to 354,304 units at $2,543,232.
Proven Investments gained 50 cents to end at $35.50 with 4,266 shares clearing the market, Sagicor Group declined $2.30 to end at $47.70 in trading 24,000 stock units, Salada Foods fell 20 cents to $5 with 765,951 units changing hands. Scotia Group fell 70 cents to $40 in switching ownership of 48,277 shares, Supreme Ventures rose 60 cents to $16.10 in the swapping of 17,031 units and Wisynco Group lost 60 cents to close at $15 trading 102,762 stock units.
which led to sharply reduced activity rising of 55 percent fewer shares with a value that was 49 percent less than on Thursday on the Jamaica Stock Exchange Main Market.
Trading averaged 76,636 units at $450,648, compared to 174,888 shares at $896,044 on Thursday. Trading month to date averaged 191,717 units at $981,567, in contrast to 222,197 units at $1,122,189 on Thursday. Trading month to date compares adversely to March with an average of 354,107 units at $2,572,127. 
Proven Investments fell 94 cents to $35 with 82 shares passing through the market, Sagicor Group declined by $1 to close at $50 with 13,238 units changing hands, Seprod climbed $1.40 to $73.50 with 5,127 shares traded. Supreme Ventures fell 60 cents to $15.50 with a transfer of 291,969 stocks and Wisynco Group gained 43 cents to finish at $15.60 with 36,182 units crossing the exchange.
The All Jamaican Composite Index advanced 233.35 points to 433,000.56, the JSE Main Index rose 213.26 points to 394,522.77 and the JSE Financial Index inched 0.02 points higher to 99.20.
Trading averaged 174,888 units at $896,044, compared to 251,043 shares at $1,365,250 on Wednesday. Month to date trading averaged 222,197 units at $1,122,189, in contrast to 238,773 units at $1,201,422 on Wednesday. March closed with an average of 354,304 units at $2,543,232.
NCB Financial declined $2.15 to $137.01 in exchanging 21,614 units, Palace Amusement climbed $47.99 to $797.99, with 59 stock units crossing the exchange, Proven Investments advanced $1.94 to $35.94, with 34,871 units changing hands. Sagicor Group advanced $1 to $51, with 149,134 stocks clearing the market. Scotia Group shed $1.01 to close at $40.75, with 22,768 stock units changing hands and Seprod fell 90 cents to $72.10 in trading 4,269 stocks.
The All Jamaican Composite Index declined 749.69 points to 432,767.21, the Main Index shed 681.03 points to 394,309.51 and the JSE Financial Index slipped 0.32 points to 99.18.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with a lower offer.
Proven Investments gained 30 cents to end at $34 with 14,564 units crossing the market, Sagicor Group declined $1 to $50 with the transfer of 44,058 shares. Scotia Group shed 24 cents to $41.76 after exchanging 414,769 stocks, Supreme Ventures advanced $1 to $16 in trading 227,034 stock units and Wisynco Group gained 32 cents to close at $15.35 with 154,453 units changing hands.
The All Jamaican Composite Index shed 2,556.74 points to close at 433,516.90, the Main Index declined 2,363.72 points to 394,990.54 and the JSE Financial Index fell 0.60 points to settle at 99.50.
Month to date trading averaged 232,155 units at $1,113,065 in contrast to an average of 354,304 units at $2,543,232 for March.
Palace Amusement climbed $74.35 to end at $799 in exchanging 160 stocks. Salada Foods shed 48 cents to $5.32 with an exchange of 573,683 shares, Scotia Group advanced $1.40 to $42 after transferring 301,254 stock units and Seprod fell $2 in closing at $73 in trading 16,367 units.
At the close, the All Jamaican Composite Index jumped 3,214.49 points to 436,073.64, the JSE Main Index climbed 2,694.71 points to 397,354.26 and the JSE Financial Index gained 0.47 points to settle at 100.10.
Trading averaged 223,243 units at $734,494, compared to 358,011 shares at $2,776,372 on Wednesday. March closed with an average of 354,304 units at $2,543,232.
NCB Financial declined $1.50 to $137.50 with the swapping of 8,595 stock units, Palace Amusement jumped $84.65 to $724.65 after exchanging 61 shares, PanJam Investment fell $3 to $62.50 with the transfer of 21,432 stocks. Proven Investments shed $1.30 to close at $33.70 after 1,955 stock units crossed the exchange, Sagicor Group fell 88 cents to $51 in exchanging 59,338 stocks. Salada Foods ended 95 cents lower at $5.80 with 490,267 shares changing hands, Scotia Group slid 92 cents to $40.60 trading 11,420 stock units, Seprod climbed $5.30 to settle at $75 in exchanging 28,048 units and Supreme Ventures shed 51 cents to $14.89 in the swapping of 13,785 stocks.
The All Jamaican Composite Index advanced 2,324.91 points to 432,859.15, the Main Index rose 2,055.33 points to 394,659.55 and the JSE Financial Index gained 0.40 points to settle at 99.63.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and three with lower offers.
Proven Investments shed 90 cents to close at $35 with an exchange of 11,160 stocks, Sagicor Group advanced $1.89 to close at $51.88 in trading 480,479 shares, Salada Foods rose $1.30 to close at a 52 weeks’ high of $6.75 with a transfer of 13,442 stocks, Scotia Group gained 37 cents to close at $41.52 trading 46,641 units. Supreme Ventures rose 40 cents to close at $15.40 with the swapping of 180,570 stock units, Sygnus Credit Investments declined 47 cents to $14.50 trading 34,579 units, Victoria Mutual Investments advanced 44 cents to $5.89 with the swapping of 122,135 shares, Wisynco Group shed 34 cents to close at $15.11 in exchanging 62,400 shares.