Modest gains for JSE main market

On Friday, trading activity ended on the Jamaica Stock Exchange Main Market, with the volume of shares trading 216 percent higher and the value rising 263 percent above that on Thursday as rising stocks edged out those declining.
The All Jamaican Composite Index advanced 507.43 points to settle at 445,850.64, the JSE Main Index shed 707.68 points to 403,998.83 and the JSE Financial Index rose 0.02 points to end at 98.03.
Trading ended with 51 active securities versus 49 on Thursday, with 20 rising, 18 declining and 13 ending unchanged.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.4. The PE ratio of each stock, shown in the chart below, is based on earnings forecasted by for companies whose financial year ends up to April 2022.
Trading ended with 20,479,394shares changing hands for $151,854,299versus 6,487,990 units at $41,885,146 on Thursday. Mayberry Jamaican Equities led trading with 48.8 percent of total volume in exchanging 10.0 million shares, followed by Wigton Windfarm with 19.8 percent for 4.05 million units and Ciboney Group with 7 percent for 1.43 million units changing hands.
Trading averages 401,557 units at $2,977,535, compared to 132,408 shares at $854,799 on Thursday and month to date, an average of 254,343 units at $3,040,805, compared to 239,708 units at $3,047,095 on Thursday. September closed with an average of 335,669 units at $7,507,404.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one ending with a lower offer.
At the close, Barita Investments fell $2.02 to $94.98 in exchanging 22,912 shares, Berger Paints shed 83 cents to end at $14.10 in trading 13,099 stock units, Jamaica Broilers lost 50 cents in closing at $30 with the swapping of 45,696 units. Jamaica Producers rallied 40 cents to $22 after 10,810 stocks cleared the market, JMMB Group spiked 58 cents to $38.20 in trading 440,772 stock units, Kingston Wharves fell $1.65 to $43.35 after exchanging 3,110 shares. Margaritaville rose 60 cents to $14 in switching ownership of 1,600 stocks, Mayberry Jamaican Equities lost 48 cents to finish at $8.50 with the swapping of 10,000,000 units, NCB Financial rallied $2 to end at $128 in trading 20,442 units. Palace Amusement dropped $74 in ending at $950 with seven stock units changing hands, PanJam Investment dipped 25 cents to $63.25 with 3,295 stocks crossing the exchange, Portland JSX rose $1.95 to $8.45 after ownership of 4,635 shares shifted. Proven Investments gained 38 cents after ending at $33.48, with 3,710 units crossing the market, Sagicor Group advanced $1.97 to $53 with an exchange of 111,784 shares, Sagicor Real Estate Fund lost 50 cents to settle at $8 in trading 15,450 stock units. Scotia Group popped 55 cents to $36.65 with 75,005 stocks crossing the market, Seprod advanced $1.25 in closing at $63.25 with a transfer of 48,064 stock units, Sygnus Credit Investments gained 63 cents to end at $17.80 with 281,612 units changing hands and Sygnus Real Estate Finance gained 40 cents to close at $18.40 in switching ownership of 98 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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