The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market declining after investors traded 57 percent fewer shares than Thursday.
Trading ended with four securities changing hands compared to four on Thursday and ended with the prices of one stock rising, one declining and two remaining unchanged.
The JSE USD Equities Index shed 2.25 points to settle at 188.78, and the average PE Ratio of the market ended at 13.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 46,025 shares, accounting for US$13,692 compared to 107,781 units at US$20,162 on Thursday.
The average trade of 11,506 units changing hands atUS$3,423 on Friday, in contrast to an average of 26,945 shares, at US$5,040on Thursday. Trading ended, with an average of 43,115units for the month to date at US$3,826 in contrast to 45,925 units at US$3,862. By comparison, July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading,
the Investor’s Choice bid-offer indicator reading for the JSE US Dollar market shows two stocks ended with bids higher than their last selling prices and no with lower offers.
At the close of the market, First Rock Capital Investment traded 1,475 stocks at 9 US cents, Proven Investments remained at 24 US cents, with investors switching ownership of 38,400 stock units and Transjamaican Highway ended trading on Thursday at 0.093 cents and closed at 0.092 of a US cent, with 3,750 units changing hands.
In the preference segment, JMMB Group 5.75% gained 4 cents to close at US$2.05 after trading 2,100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading on Thursday ended with a similar number of securities changing hands as Wednesday with market activity resulted in 31 securities changing hands, with the prices of eight stocks rising, 17 declining and six, with remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and three with lower offers.
Honey Bun declined by 23 cents to $5.10 with investors switching ownership of 5,302 shares, iCreate gained 5 cents in closing at 68 cents with 198,879 stock units changing hands, Indies Pharma declined by 10 cents to $2.80, with 129,500 stocks clearing the market. Jamaican Teas lost 2 cents to settle at $5 in exchanging 247,818 stock units, Jetcon Corporation declined by 2 cents to 98 cents in trading 61,870 shares, Lasco Distributors advanced by 19 cents to $3.40, with 93,492 stock units changing hands. Lasco Manufacturing carved out a gain of 13 cents to end at $3.90 trading 13,717 stock units, Limners and Bards shed 8 cents to close at $2.71 after 116,115 stock units crossed the market, Lumber Depot lost 1 cent to settle at $1.03 with an exchange of 130,838 stock units. Mailpac Group lost 2 cents in ending at $2.08 finishing at 1,018,454 units, Main Event carved out a gain of 3 cents to end at $3.99 in exchanging 800 stocks, Medical Disposables declined by 2 cents to close at $4.91, with 12,100 stocks changing hands and Paramount Trading carved out a gain of 4 cents to end at $1.79 in an exchange of 10,700 shares.
At the close, the All Jamaican Composite Index climbed 3,382.20 points to settle at 403,348.27, the Main Index increased 3,121.52 points to 368,097.96, the JSE Financial Index advanced by 1.59 points to end at 95.65.
Trading ended with an average of 909,763 units changing hands for the day at $3,152,673 for each security, in comparison to an average of 152,000 shares at $1,199,070 on Wednesday. The average trade for the month to date ended at 401,777 units at $1,737,639 for each security, in contrast to 330,159 units at $1,538,143 on Wednesday. Trading month to date compares well to July with an average of 374,929 units at $2,445,605 (392,128 shares for $2,444,356.
Kingston Wharves climbed 50 cents to $53, with just 2,071 units passing through the market, Mayberry Investments carved out a loss 75 cents to settle at $5.15 in an exchange of 19,239 shares, Mayberry Jamaican Equities dropped by 45 cents to close at $8.75 with investors wapping 152,360 units. NCB Financial climbed $7.88 trading 65,722 stock units at $137.90, PanJam Investment rose $1.75 to end at $68.50, with 11,860 shares changing hands, Proven Investments dropped $1.90 in ending at $33.80, with 2,500 stocks passing through the market. Sagicor Group increased by $4 to close at $44 in exchanging 682,448 stocks, Salada Foods shed $2 to settle at $25 after exchanging 42,000 units, Scotia Group dropped $1.73 to end at $46 in an exchange of 3,707 stocks. Seprod lost $2.24 to close at $54 in an exchange of 16,518 stocks, Stanley Motta rose 38 cents to settle at $5.13 with investors switching ownership of 37 shares, Supreme Ventures lost 65 cents to end at $14.50 with investors trading 152,771 shares. Victoria Mutual Investments declined by 37 cents to $6.57 with 69,669 stock units changing hands and Wisynco Group gained 58 cents to end at $17.79, with 11,650 stocks clearing the market.
At the close of the market, trading ended with four securities changing hands compared to seven on Wednesday and ended with the prices of no stocks rising, two declining and two remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
The market closed with seven securities trading with five stocks advancing, one declining and one unchanged. The volume of stocks passing through the market amounted to 219,249 shares valued at $6,747,616 compared to 31,676 shares for $665,454 on Wednesday from 11 securities.
Stocks rising│ Clico Investments advanced by $1.28 to $27.78, with 39,728 shares changing hands, Massy Holdings closed $2 higher at $60, in trading 87,629 shares, NCB Financial Group picked up 1 cent to finish at $7.87, with 4,500 stock units crossing the market. Republic Financial Holdings exchanged 714 units at $141.25, having gained 25 cents and Trinidad and Tobago NGL ended at $17.50 after rising 25 cents and trading 1,183 units.
For the month to date, the average trade is 330,159 units at $1,538,143 for each security that traded, in contrast to 360,995 units at $1,596,828 to Tuesday. Trading for the month to date compares well to July with an average of 392,128 shares for $2,444,356.
Key Insurance carved out a gain of 50 cents ending at $7.50 with investors swapping 1,135 units, Kingston Properties increased 57 cents to $7.60 after exchanging ten units. Kingston Wharves declined by $1.30 to close at $52.50 passing through the market 7,089 stock units, MPC Caribbean Energy declined by $19.85 to settle at $150 in trading 770 stock units, NCB Financial fell by $6.98 in closing at $130.02, with 222,268 shares passing through the market. Proven Investments increased 30 cents to settle at $35.70 in an exchange of 27,348 shares, Sagicor Group advanced by 90 cents in ending at $40 after trading 52,290 units, Salada Foods dropped by $1 to end at $27 in an exchange of 1,000 shares. Seprod advanced by $1.24 to close at $56.24 after trading 5,507 stocks, Sygnus Credit Investments shed 31 cents to close at $15.99 with 7,381 stocks changing hands and Wisynco Group shed 67 cents to end at $17.21 with investors swapping 82,451 units.
At the close of the market, trading ended with seven securities changing hands compared to six on Tuesday and ended with the prices of two stocks rising, two declining and three remaining unchanged.
At the close of the market, First Rock Capital Investment settled at 9 US cents, in exchanging 37,051 stock units, Margaritaville closed at 14 US cents, with 97 shares changing hands. Proven Investments ended at 24.5 US cents in an exchange of 11,414 stock units, Sterling Investments lost two-tenths of a cent to end at 2.69 US cents and trading 1,006 units. Sygnus Credit Investments climbed 1.5 US cents to close at a 52 weeks’ high of 16.7 US cents with investors switching ownership of 1,061 stocks and Transjamaican Highway slipped from 0.09 cent and closed at 0.093 US of a cent in trading 25,782 stock units.
At the close of the market, Access Financial dropped 89 cents in ending at $26.10, with 1,700 shares crossing the exchange, AMG Packaging slipped 20 cents to end at $1.54 trading 12,100 units, Blue Power gained 20 cents to end at $3.40 in exchanging 2,166 shares. Caribbean Assurance Brokers rose 9 cents to end at $2.24 while exchanging 19,410 stocks, Caribbean Cream advanced by 15 cents to settle at $4.25, with 35,001 stock units passing through the market, Caribbean Producers shed 4 cents to close at $2.40 trading 65,450 units. Derrimon Trading declined by 30 cents to settle at $2.70 with 70,079 shares changing hands, Elite Diagnostic carved out a gain of 45 cents in finishing at $3.65, while trading 5,000 shares. Express Catering climbed 45 cents to settle at $3.90, with 740 shares changing hands, Fontana shed 1 cent to end at $5.01 and clearing the market with 89,132 units, Fosrich advanced 20 cents and closed at $3.90 in exchanging 500 stocks. General Accident fell 1 cent in ending at $7.49, with 77,647 stocks passing through the market, iCreate gained 1 cent to settle at 63 cents trading 9,600 stock units, Indies Pharma dropped by 5 cents to end at $2.90 in exchanging 47,138 units. 
Jamaican Teas carved out a gain of 2 cents in closing at $5.02 and exchanging 100,297 shares, Knutsford Express increased 5 cents to close at $6.90 in trading 28,804 stocks.
The market closed with eleven securities trading with one advancing, five declining and five remaining unchanged. The market closed with just 31,676 shares valued at $665,454 trading, compared to 211,903 shares for $10,538,543 on Tuesday from 15 securities.
Trinidad and Tobago NGL shed 25 cents to finish at $17.25, after exchanging 13,573 shares and West Indian Tobacco suffered a loss of $3 to finish at $36, with a mere 10 units crossing the market.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and six with lower offers.
Indies Pharma climbed 5 cents to end at $2.95 with an exchange of 17,662 units, Iron Rock Insurance fell 5 cents to $3.40, with 1,935 shares crossing the exchange, Jetcon Corporation lost 1 cent to end at $1 after trading 3,238 stocks. Knutsford Express fell 5 cents in closing at $6.85 with investors switching ownership of 32,852 stocks, Lasco Distributors dropped by 5 cents to end at $3.20, with 779,939 stock units crossing the market, Lasco Financial advanced by 5 cents to close at $2.35, after exchanging 3,430,200 shares. Lasco Manufacturing carved out a gain of 20 cents in closing at $3.90 changing hands 137,491 units, Limners and Bards dropped by 6 cents to settle at $2.90, with 196,444 shares changing hands, Lumber Depot carved out a loss 3 cents to end at $1.01 in exchanging 362,184 stocks. Medical Disposables gained 7 cents to close at $5, with 9,906 stock units changing hands, SSL Venture fell 9 cents in closing at 78 cents in trading 10,000 stock units and tTech declined by 80 cents to close at $5.95 trading 7,397 units after the company reported lower revenues and profit for the June quarter.
