Barita Investments

Second day of gains for JSE Majors

November 23, 2021 by IC Insider.com

Market activity ended on Tuesday with the volume of shares trading rising marginally, with the value 62 percent higher than on Monday on the Jamaica Stock Exchange Main Market as declining stocks beat out those rising.
The All Jamaican Composite Index rallied 1,237.61 points to 431,445.53, the JSE Main Index popped 736.12 points to 390,292.37 and the JSE Financial Index added 0.29 points to end at 95.43.
Trading ended with 50 securities compared to 52 on Monday, with 17 rising, 23 declining and 10 ending unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.4. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 9,056,607 shares traded for $98,885,368 up from 8,605,350 units at $61,182,683 on Monday. Transjamaican Highway led trading with 32.7 percent of total volume after an exchange of 2.96 million shares followed by Wisynco Group 15.7 percent, with 1.43 million units, Wigton Windfarm contributed 12 percent with 1.09 million units and Pulse Investments 11.3 percent for an exchange of 1.02 million units.
Trading averages 181,132 units at $1,977,707, compared to 165,488 shares at $1,176,590 on Monday and month to date, an average of 249,657 units at $2,893,458, versus 253,830 units at $3,057,633 on Monday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments fell 25 cents to $92.25 in trading 5,757 shares, Caribbean Producers rose 50 cents to $9.80 with 181,467 stock units crossing the market, Eppley picked up 50 cents to finish at $36 after exchanging 2,038 stocks. GraceKennedy fell 85 cents to end at $98 in switching ownership of 8,823 units, Guardian Holdings declined $5 to $520 with the swapping of 63,524 stocks, Jamaica Producers shed $2.50 in closing at $21.45 after exchanging 110,352 shares. JMMB Group lost 31 cents to settle at $38.19 with a transfer of 47,997 stock units, Margaritaville advanced $3.15 to end at $21 in trading 550 stock units, Mayberry Jamaican Equities lost 40 cents in ending at $8.50 after 1,800 shares cleared the market. NCB Financial rose $1 to $119 in exchanging 18,541 stock units, PanJam Investment rallied $3.50 to $71 with the swapping of 117,621 units, Sagicor Group spiked 49 cents to $53.99 after 1,940 stocks crossed the market. Scotia Group popped 30 cents to end at $34.30 with 41,558 stock units changing hands, Seprod rose 65 cents to close at $63.75 in switching ownership of 3,824 units, Sygnus Credit Investments dipped 48 cents in closing at $15.50 after trading 264,810 shares and Victoria Mutual Investments lost 40 cents to close at $5.60 in transferring 51,422 stocks.
In the preference segment, JMMB Group 7.25% fell 55 cents to $3.09 in an exchange of 1,475 stock units.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Trading plunges on JSE Main Market

November 22, 2021 by IC Insider.com

Market activity ended on Monday with the volume of shares trading declining modestly as the value plunged 69 percent below Friday trades at the close of the Jamaica Stock Exchange Main Market as rising stocks exceeded those falling, sending the market indices higher in the process.
The All Jamaican Composite Index surged 2,970.07 points to 430,207.92, the JSE Main Index climbed 2,743.08 points to 389,556.25 and the JSE Financial Index rose 0.65 points to end at 95.14.
Overall, 52 securities traded compared to 53 on Friday, with 20 rising, 18 declining and 14 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.4. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 8,605,350 shares changing hands for $61,182,683 versus 8,907,757 units at $199,296,925 on Friday. Transjamaican Highway led trading with 26.2 percent of total volume after a transfer of 2.26 million shares followed by Sagicor Select Manufacturing & Distribution Fund 23.6 percent, with 2.03 million units for 23.6 percent of the day’s trade and Sagicor Select Financial Fund with 11.7 percent after trading 1 million shares.
Trading averaged 165,488 units at $1,176,590, down from 168,071 shares at $3,760,319 on Friday and month to date, an average of 253,830 units at $3,057,633, versus 259,804 units at $3,184,829 on Friday. October averaged 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rallied 25 cents to $92.50 in exchanging 23,092 shares, Caribbean Cement advanced $1.50 to $79.50 after 127,950 stock units cleared the market, Caribbean Producers rose 69 cents to $9.30 in trading 395,498 units. First Rock Capital lost 29 cents to end at $10.70 with 65,160 stocks changing hands, GraceKennedy gained 35 cents in closing at $98.85 with the swapping of 119,221 shares, Guardian Holdings declined $4.30 to finish at $525 with 341 units crossing the exchange. Jamaica Broilers rallied $1.70 to end at $30.70 in switching ownership of 14,361 shares, Jamaica Producers popped $1.10 to $23.95 after exchanging 41,259 stock units, Kingston Properties fell 35 cents to $8.50 after a transfer of 2 stock units. Kingston Wharves fell $2 to $44 with an exchange of 89,079 stocks, Margaritaville declined $5.14 to $17.85, with 747 shares changing hands, NCB Financial popped 98 cents to $118 with a transfer of 58,400 units. PanJam Investment fell $2.50 to $67.50 in exchanging 100 stocks, Sagicor Group advanced $1.29 to $53.50 after trading 6,861 stock units, Scotia Group lost 30 cents in closing at $34 with the swapping of 86,295 units. Seprod shed 60 cents to close at $63.10 in switching ownership of 15,550 shares, Stanley Motta gained 32 cents to end at $5.82 in trading 1,000 stock units, Sygnus Credit Investments popped 32 cents to $15.98 after an exchange of 66,912 shares and Sygnus Real Estate Finance climbed 65 cents to $14.70 with 5,007 stocks changing hands.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Cement weights down JSE Main Market again

November 19, 2021 by IC Insider.com

The Jamaica Stock Exchange Main Market suffered a second day of significant decline as Caribbean Cement’s price plunged again on Friday to sit at $78 after more than a million shares traded, with the price hitting $69, as investors sold the stock down, following disclosure that company is proposing to increase the payout to its Parent, by way of increased management and other fees, up to four percent of revenues.
The All Jamaican Composite Index plunged 7,346.88 points, following Thursday nearly 5,000 points drop, to close the week at 427,237.85, and the lowest point since late-December last year. The JSE Main Index dived 6,433.10 points to 386,813.17 and the JSE Financial Index declined 1.26 points to end at 94.49.
Traded volume declined moderately as the value slipped 28 percent below Thursday trades as 53 securities changed hands compared to 51 on Thursday, with 20 rising, 21 declining and 12 ending unchanged.
The PE Ratio, a formula in computing appropriate stock values, averages 15.5. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 8,907,757 shares traded for $199,296,925 versus 8,679,973 units at $275,453,480 on Thursday. Caribbean Cement led trading with 15.6 percent of total volume with a transfer of 1.39 million shares, followed by Wigton Windfarm 10.8 percent with 958,831 units and JMMB Group 9 percent after trading 801,575 units.
Trading averages 168,071 units for $3,760,31 compared to 170,196 shares at $5,401,049 on Thursday $3,184,829, compared to 266,594 units at $3,142,230 on Thursday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Caribbean Cement dropped $3, to close at $78 in trading 1,393,328 shares, Eppley dipped 50 cents to $35.50 in an exchange of 954 units. First Rock Capital rallied 66 cents to $10.99 after trading 20,699 stock units, GraceKennedy climbed 50 cents to $98.50 in transferring 164,304 shares, Guardian Holdings advanced $3.30 to $529.30 with 22,141 stock units crossing the market. Jamaica Broilers declined $2.90 to close at $29 with the swapping of 3,590 units, JMMB Group lost 25 cents in closing at $38.50 in switching ownership of 801,575 stocks, Key Insurance shed 37 cents to end at $4.03 with the trading of 27,718 stock units. Kingston Properties rallied 31 cents to $8.85 with an exchange of 1,176 units, Kingston Wharves rose $1 to $46 with 11,717 shares changing hands, Margaritaville advanced $2.47 in closing at $22.99, with 1,551 units crossing the exchange. NCB Financial shed 98 cents to end at $117.02 with an exchange of 42,468 stocks, 138 Student Living rose 70 cents to $4.70 in transferring 4,360 shares, PanJam Investment lost 50 cents to close at $70 after exchanging 17,794 units, Portland JSX fell 89 cents to $6.61 with 500 shares clearing the market. Radio Jamaica lost 26 cents to close at $3.06 in switching ownership of 689,952 stock units, Sagicor Group shed 64 cents in ending at $52.21 while trading 103,931 shares, Seprod popped 65 cents to finish at $63.70 after exchanging 2,252 stocks. Supreme Ventures rose $1.48 to $18.48 with 66,957 units changing hands and Sygnus Real Estate Finance declined $1.93 to $14.05 after 1,700 stock units crossed the market.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Carib Cement plunges $23 on JSE Main Market

November 18, 2021 by IC Insider.com

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Caribbean Cement pushed JSE down

Caribbean Cement plunged $23 to close trading f 1,185,267 shares, at $81, with investors reacting negatively to a resolution proposed by the company to be considered at the upcoming annual general meeting to establish the general framework for services provided by Cemex to CCCL as well as royalties for the use of trademarks, names and intellectual property owned by Cemex and licenced to CCCL.

Market activity ended on Thursday with the volume of shares trading declining 60 percent and the value 38 percent below Wednesday on the Jamaica Stock Exchange Main Market, as declining stocks overwhelmed those rising by almost two to one.
The All Jamaican Composite Index plunged 4,924.79 points to settle at 434,584.73, to hold just above the close for 2020, the Main Index fell 4,137.31 points to 393,246.27, pushing it into negative territory for the year and the JSE Financial Index lost 0.53 points to end at 95.75.
Trading occurred in 51 securities compared to 49 on Wednesday, with 14 rising, 26 declining and 11 ending unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.5. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 8,679,973 shares traded for $275,453,480 down from 21,573,918 units at $444,836,346 on Wednesday. JMMB Group led trading with 16.2 percent of total volume for an exchange of 1.41 million shares, followed by Caribbean Cement with 13.7 percent for 1.19 million units and Sagicor Select Manufacturing & Distribution Fund with 10.2 percent after 886,447 units changed hands.
The average trade for the day was 70,196 units at $5,401,049 versus 440,284 shares at $9,078,293 on Wednesday and month to date, an average of 266,594 units at $3,142,230, compared to 273,987 units at $2,968,998 on Wednesday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and none with lower offers.
At the close, Barita Investments slipped 46 cents to $92.44 with a transfer of 10,530 stocks, Caribbean Producers slipped 25 cents to $8.50 after trading 353,569 stock units, Eppley fell $1 in closing at $36 with 110 units clearing the market, Eppley Caribbean Property Fund shed $2 ending at $38 in switching ownership of 640 stocks. GraceKennedy lost 70 cents to $98 with the swapping of 490,267 shares, Guardian Holdings rose $1 to close at $526 with 158 stocks changing hands, Jamaica Broilers spiked $1.90 in closing at $31.90 after transferring 9,152 units. Jamaica Producers rose $1.25 to $22.85 in trading 34,751 shares, Key Insurance gained 32 cents to close at $4.40, with 11,000 stock units changing hands, Kingston Wharves fell $2 to $45 after 88,903 stocks crossed the exchange. Margaritaville popped $2.68 ending at $20.52 in switching ownership of 510 stock units, 138 Student Living lost 45 cents to end at $4 in exchanging 8,290 shares, Palace Amusement rallied $30 to $1,030 with 27 units clearing the market, PanJam Investment gained 50 cents in closing at $70.50 with an exchange of 18,453 shares. Proven Investments lost 49 cents to settle $33 with the swapping of 2,500 stock units, Sagicor Group declined $1.91 to end at $52.85 after 70,956 stocks crossed the market, Scotia Group fell $2 in closing at $34.50 with the swapping of 157,337 units. Seprod shed 70 cents to close at $63.05 in trading 12,286 shares, Stanley Motta lost 26 cents in ending at $5.40 with 1,000 stock units changing hands, Sygnus Credit Investments lost 41 cents to finish at $15.60 in trading 66,085 shares and Wisynco Group shed 45 cents to close at $16.50 in switching ownership of 114,643 stocks.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Trading jumps on JSE Main market

November 17, 2021 by IC Insider.com

Trading jumped sharply at the close of the Jamaica Stock Exchange Main Market on Wednesday, with the volume of shares trading rising 115 percent and the value surging 260 percent higher than on Tuesday, but the market indices eked out a modest rise as declining stocks edged those rising.
The All Jamaican Composite Index climbed 226.34 points to 439,509.52, the JSE Main Index squeezed out a gain of 3.56 points to end at 397,383.58 and the JSE Financial Index added 0.16 points to settle at 96.28.
Trading ended with 49 securities compared to 53 on Tuesday, with 19 rising, 20 declining and 10 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 21,573,918 shares changing hands for $444,836,346 versus 10,040,879 units at $123,722,251 on Tuesday. Carreras led trading with 39.9 percent of total volume after exchanging 8.60 million shares followed by JMMB Group with 13.4 percent for 2.89 million units, PanJam Investment held 9.3 percent with 2.02 million units, Sagicor Select Financial Fund accounted for 7.8 percent, with 1.68 million units and Wisynco Group with 5 percent with a transfer of 1.09 million units.
Trading averages 440,284 units at $9,078,293, compared to 189,451 shares at $2,334,382 on Tuesday and month to date, an average of 273,987 units at $2,968,998, up from 260,759 units at $2,483,031 on Tuesday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement popped $1 to close at $104 with 13,207 shares clearing the market, Caribbean Producers fell 75 cents to $8.75 after trading 979,439 stock units, GraceKennedy lost 30 cents to end at $98.70 in exchanging 293,347 stocks. Guardian Holdings declined $5 to finish at $525 with the swapping of 297 units, Jamaica Broilers advanced $1.30 to $30, with 15,077 stock units crossing the market, Jamaica Producers shed 60 cents to end at $21.60 in switching ownership of 450 units. JMMB Group fell $1.65 in closing at $38.80 with 2,893,439 shares crossing the exchange, Kingston Wharves rallied 50 cents to $47 in trading 2,100 stocks, Margaritaville advanced $1.41 to $17.84 in an exchange of 11,007 stock units. NCB Financial popped $2 to close at $118 in transferring 60,945 units, Palace Amusement dropped $24 to close at $1,000 after an exchange of 63 stocks, PanJam Investment gained 50 cents in closing at $70 after trading 2,015,921 shares. Proven Investments climbed 49 cents to $33.49 with 9,015 units changing hands, Sagicor Group popped $1.76 to end at $54.76 after 802,872 stock units crossed the market and Sygnus Credit Investments dipped 29 cents to $16.01 with a transfer of 144,549 shares.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Gains for JSE Main Market Tuesday

November 16, 2021 by IC Insider.com

Market activity ended on Tuesday with the volume of shares trading declining 39 percent and the value 21 percent lower than on Monday, but the Jamaica Stock Exchange Main Market recorded gains in the indices as rising stocks edged those declining.
The All Jamaican Composite Index jumped 1,731.22 points to 439,283.18, the JSE Main Index climbed 2,587.35 points to 397,380.02 and the JSE Financial Index gained 0.70 points to end at 96.12.
Similar to Monday 53 securities traded, 22 rose, 19 declined and 12 ended unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 10,040,879 shares traded for $123,722,251 versus 16,492,088 units at $157,019,170 on Monday.
Wigton Windfarm led trading with 21.8 percent of total volume for an exchange of 2.19 million shares, followed by Transjamaican Highway with 21 percent for 2.11 million units and JMMB Group accounting for 12.5 percent after trading 1.25 million units.
Trading averaged 189,451 units at $2,334,382, compared to 311,171 shares at $2,962,626 on Monday and month to date, an average of 260,759 units at $2,483,031, compared to 267,472 units at $2,497,025 on Monday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows nine stocks ending with the bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Producers shed 50 cents to close at $9.50 in trading 337,191 shares, Eppley Caribbean Property Fund rallied $2.50 to $40 with the swapping of 720 stock units, First Rock Capital gained 35 cents to finish at $10.40 with 9,195 stocks crossing the exchange. Jamaica Producers picked up 30 cents to close at $22.20, with 78,484 units clearing the market, JMMB Group advanced $1.45 to $40.45 in swapping 1,250,450 shares, Kingston Wharves rose 50 cents to $46.50 in an exchange of 10,355 units. Margaritaville popped 53 cents to $16.43 with a transfer of 11,171 shares, MPC Caribbean Clean Energy dropped $8.99 to $101.01 in trading 392 stock units, NCB Financial shed $1 in closing at $116 in exchanging 49,886 stocks. Palace Amusement climbed $24 to end at $1,024 with 563 stock units changing hands, PanJam Investment spiked $1.50 to close at $69.50 with the swapping of 7,698 shares, Proven Investments gained 49 cents to end at $33 with an exchange of 6,359 units. Sagicor Group declined $1.50 to $53 after 668,437 stocks cleared the market, Salada Foods lost 46 cents in ending at $7 in trading 815 units, Scotia Group popped $2 to $36.50 in transferring 33,791 shares. Seprod gained 45 cents in closing at $63.95 after exchanging 8,641 stock units, Supreme Ventures shed 46 cents to end at $17 in switching ownership of 161,242 units and Sygnus Credit Investments fell $1 to $16.30 with 183,314 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Mild slippage for JSE Main Market

November 15, 2021 by IC Insider.com

The volume of shares trading at the close on Monday jumped 42 percent over Friday’s with a modest fall in the value leading the market into a modest decline in the overall market as stocks rising edged out those that declined on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index dipped 92.62 points to 437,551.96, the JSE Main Index fell 378.65 points to 394,792.67 and the JSE Financial Index slipped 0.10 points to end at 95.42.
Similar to Friday, 53 securities traded, with 24 rising, 21 declining and eight ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and the USD Market closing quotes are based on earnings forecasts done by ICInsider.com for companies with financial years ending between the current year and August 2022.
Overall, 16,492,088 shares traded for $157,019,170 versus 11,630,690 units at $178,515,393 on Friday. Wigton Windfarm controlled 41.8 percent of total volume to be the lead trade with 6.89 million shares, JMMB Group followed with 12.6 percent, after an exchange of 2.08 million units, Transjamaican Highway contributed 10.4 percent with 1.72 million shares and Sagicor Select Manufacturing & Distribution Fund ended with 8 percent after trading 1.32 million units.
Trading averaged 311,171 units at $2,962,626, compared to 219,447 shares at $3,368,215 on Friday and month to date, an average of 267,472 units at $2,497,025, compared to 262,931 units at $2,448,639 on Friday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 15 stocks ending, with bids higher than their last selling prices and two with lower offers.
In trading, Berger Paints shed 68 cents to end at $14.15 in trading 1,795 shares, Caribbean Cement advanced $3 to close at $103, with 21,638 stock units crossing the market, Eppley Caribbean Property Fund lost 50 cents to end at $37.50 in an exchange of 803 stocks. First Rock Capital dropped 61 cents to $10.05 in exchanging 127,197 units, Guardian Holdings climbed $20 to $530 with an exchange of 4,012 units, Jamaica Producers fell $1.50 in closing at $21.90 after exchanging 41,233 stocks. JMMB Group climbed $1.20 to end at $39 in switching ownership of 2,083,245 stock units, Kingston Wharves gained 80 cents to close at $46, with 8,366 shares changing hands, Margaritaville spiked 60 cents to $15.90 with the swapping of 18,076 stocks. NCB Financial rose $1.98 to $117 while exchanging 31,547 stock units, Palace Amusement rallied $40 to $1000, trading 157 units, PanJam Investment popped $1.70 to $68 with 24,886 shares changing hands. Proven Investments declined 99 cents to $32.51, with 8,710 stock units clearing the market, Sagicor Group climbed 50 cents in closing at $54.50 in exchanging 218,439 shares, Salada Foods popped 46 cents to $7.46 after 22,641 stocks crossed the exchange. Scotia Group rose 45 cents to $34.50 after trades of 138,131 units and Sygnus Credit Investments lost $1.60 to $17.30, with 335,969 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Drop again for JSE Main market

November 12, 2021 by IC Insider.com

Market activity ended on Friday with the volume of shares trading falling 59 percent and the value marginally greater than Thursday as declining stocks overpowered those rising three to two on the Jamaica Stock Exchange Main Market as NCB Financial hit a closing 52 weeks’ low.
The All Jamaican Composite Index fell 2,854.98 points to 437,644.58, the JSE Main Index declined 2,810.34 points to 395,171.32 and the JSE Financial Index shed 0.88 points to end at 95.52.
Trading ended with 53 securities compared to 49 on Thursday, with 16 rising, 25 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 11,630,690 shares changing hands for $178,515,393 versus 28,191,943 units at $175,549,676 on Thursday. Scotia Group led trading with 23 percent of total volume for an exchange of 2.68 million shares, followed by Radio Jamaica with 17.3 percent after trading 2.01 million units, Transjamaican Highway accounted for 11.9 percent with 1.39 million units and Mayberry Investment 10 percent after trading 1.16 million shares.
Trading averages 219,447 units at $3,368,215, compared to 575,346 shares at $3,582,646 on Thursday and month to date, an average of 262,931 units at $2,448,639, compared to 267,974 units at $2,341,992 on Thursday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement fell $2.20 to $100 trading 17,409 shares, Eppley fell 79 cents to $37 with 265 units crossing the market, GraceKennedy slipped 94 cents to $99 after exchanging 387,356 stock units. Guardian Holdings declined $10 to $510, with 889 stocks crossing the exchange, Jamaica Producers advanced $1.40 to $23.40, after 3,880 units cleared the market, JMMB Group gained 30 cents after ending at $37.80 after an exchange of 116,390 shares. Kingston Properties lost 43 cents to close at $8.57 in trading 738 stock units, Margaritaville dipped 60 cents to $15.30 with a transfer of 74,498 shares, Mayberry Jamaican Equities rose 61 cents to $9.12, in swapping of 1,900 units. NCB Financial declined $4.68 to a 52 weeks’ closing low of $115.02 in transferring 34,177 shares, Palace Amusement dropped $20 to $960 after trading two stocks, PanJam Investment fell $1.70 to $66.30 with the swapping of 6,504 stock units. Proven Investments advanced $1.99 to $33.50 with 1,706 units changing hands, Radio Jamaica shed 70 cents in closing at $3.50 with the swapping of 2,014,280 stocks, following the release of record six months results, Sagicor Group lost 50 cents to finish at $54 in trading 404 stock units. Salada Foods slipped 50 cents to $7 with an exchange of 45,736 shares, Scotia Group fell $1.95 to end at $34.05 after trading 2,680,542 stock units, Supreme Ventures shed 71 cents to close at $17.23 in switching ownership of 18,990 stocks. Sygnus Credit Investments rallied 78 cents to $18.90 in an exchange of 143,034 units and Sygnus Real Estate Finance declined $1.99 in closing at a 52 weeks’ low of $16 with 10,981 shares clearing the market.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Increased trading pushes JSE Main Market

November 11, 2021 by IC Insider.com

Market activity ended on Thursday with the volume of shares trading surging 198 percent and the value of 81 percent higher than Wednesday on the Jamaica Stock Exchange Main Market, leading to rising stocks edging those that declined.
The All Jamaican Composite Index popped 1,608.31 points to 440,499.56, the JSE Main Index rose 1,916.17 points to 397,981.66 and the Financial Index popped 0.93 points to end at 96.40.
A total of 49 securities traded down from 54 on Wednesday, with 21 rising, 19 declining and nine ending unchanged.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 28,191,943 shares changing hands for $175,549,676 versus 9,456,467 units at $97,056,444 on Wednesday. Pulse Investments led trading with 34.1 percent of total volume after transferring 9.6 million shares followed by Carreras 18.4 percent with 5.18 million units, Wigton Windfarm contributed 15.7 percent after trading 4.43 million units, Radio Jamaica contributed 11.2 percent with 3.17 million units, Caribbean Producers ended with 7.5 percent in an exchange of 2.1 million units and QWI Investments with 4.9 percent after 1.38 million units changing hands.
Trading averages 575,346 units at $3,582,646, compared to 175,120 shares at $1,797,342 on Wednesday and month to date, an average of 267,974 units at $2,341,992, versus 231,059 units at $2,192,992 on Wednesday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 14 ended with bids higher than their last selling prices and 2 with lower offers.
At the close, Caribbean Cement dropped $2.50 to $102.20 in trading 17,750 shares, Caribbean Producers rose $1.78 to a 52 weeks’ closing high of $9.98 with an exchange of 2,103,404 units, GraceKennedy popped 94 cents in ending at $99.94 in transferring 130,438 stocks. Guardian Holdings dropped $20 to $520 in switching ownership of 232 stock units, Jamaica Producers shed $1.50 to close at $22 with 26,522 shares changing hands, JMMB Group spiked 59 cents to end at $37.50, with 469,936 units clearing the market. Margaritaville gained 40 cents to close at $15.90 in trading 875 stocks. Mayberry Investments lost 48 cents to finish at $7.51 after exchanging 402 stock units. Mayberry Jamaican Equities dipped 61 cents to $8.51, with 1,018 units crossing the exchange. MPC Caribbean Clean Energy declined $5 to $110 in switching ownership of 2 shares, NCB Financial lost 25 cents in closing at $119.70 with a transfer of 44,033 stocks, Palace Amusement dropped $40 to $980 in trading 13 stock units. PanJam Investment rallied $5 to $68 after 14,000 stock units cleared the market, Proven Investments declined $2.39 to close at $31.51 with the swapping of 12,348 units, Radio Jamaica gained 28 cents to end at $4.20 after exchanging 3,168,173 shares. Sagicor Group rose 50 cents to $54.50 in switching ownership of 71,078 stocks, Salada Foods rallied 51 cents to $7.50 with 6,846 stock units crossing the market, Scotia Group gained 50 cents in ending at $36 with the swapping of 35,147 shares. Seprod spiked $2.20 in closing at $63.30 in exchanging 1,361 units, Stanley Motta rose 43 cents to end at $5.50 after 24,289 stock units changed hands, Sygnus Credit Investments shed 33 cents to close at $18.12 trading 52,125 units and Wisynco Group declined $1.10 to $16.65 in an exchange of 127,695 stock units.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit Investments, Sygnus Real Estate Finance, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main market make gains on Tuesday

November 9, 2021 by IC Insider.com

Investors pumped up the volume of shares trading on Tuesday, with a 23 percent increase pushed by 40 percent more funds higher than they did on Monday at the close of trading on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index rallied 887.99 points to 441,748.67, the Main Index rose 875.77 points to 400,024.12 and the JSE Financial Index rallied 0.13 points to end at 96.62.
Trading ended with 53 securities similar to Monday, with 22 rising, 21 declining and 10 ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.9. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading resulted in an exchange of 12,270,585 shares for $83,634,712, up from 10,000,311 units at $59,648,996 on Monday. Wigton Windfarm led trading with 32.2 percent of total volume with a transfer of 3.95 million shares, followed by Transjamaican Highway, with 21.2 percent for 2.60 million units and Mayberry Investments 11 percent with an exchange of 1.35 million shares.
Trading averaged 231,520 units at $1,578,013, compared to 188,685 shares at $1,125,453 on Monday and month to date, an average of 239,592 units at $2,253,345, down from 241,013 units at $2,372,257 on Monday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows ten stocks ended with a bid higher than their last selling prices and four with lower offers.
At the close, Barita Investments lost 32 cents to end at $92.98 in switching ownership of 9,641 shares, Caribbean Cement rallied $1.34 to $104.85 with 4,946 stock units changing hands, Eppley rose 99 cents in closing at $37.99 after trading 16 units. First Rock Capital fell 50 cents to close at $11.45 with an exchange of 52,964 stocks, GraceKennedy spiked $1 to $99 after 194,437 shares cleared the market, Guardian Holdings advanced $2.99 to $539.99 in trading 213 stock units. Jamaica Producers popped $1.70 to $23.45 with 1,633 stocks crossing the exchange, Jamaica Stock Exchange gained 56 cents ending at $17.56 with the swapping of 28,342 units, Key Insurance lost 26 cents in closing at $4.12 with 2,016 stocks changing hands. Kingston Properties rose 50 cents to close at $8.50 in trading 138,717 shares, Kingston Wharves fell 95 cents to $46 after exchanging 248 units, Mayberry Investments shed $1.71 to end at $7.06, with 1,346,670 shares crossing the market. MPC Caribbean Clean Energy advanced $5 to $115 with a transfer of 15 stock units, Palace Amusement climbed $19 to $1,019 after exchanging 102 units, PanJam Investment spiked $6.90 to close at $69.90 in trading 2,111 shares. Sagicor Real Estate Fund shed 60 cents in closing at $8 in switching ownership of 54,271 stocks, Salada Foods shed 56 cents to close at $7 with 27,736 stock units crossing the market, Scotia Group gained 28 cents to end at $36.49 with the swapping of 57,141 shares. Seprod advanced $3.10 to $63.25 after trading 7,942 stocks, Sygnus Real Estate Finance lost 50 cents to $17.50 in transferring 1,990 units and Wisynco Group slipped 39 cents to $16.61 switching ownership of 301,777 units.