Barita Investments

Stocks close week with a loss

March 19, 2021 by IC Insider.com

Stocks ended higher at the close of trading on Friday after rising prices outnumbered declining ones with an exchange of 25 percent lower volume at a 65 percent jump in value over Thursday as the Jamaica Stock Exchange Main Market closed out the week down.
The All Jamaican Composite Index climbed 429.52 points to close at 432,777.32, the JSE Main Index rose 365.83 points to 394,570.77 and the JSE Financial Index gained 0.28 points to 99.30.
Trading activated 50 securities, up from 45 on Thursday, with prices of 21 stocks rising, 18 declining and 11 remaining unchanged.
The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 8,079,230 shares trading for $124,140,641 compared to 10,771,883 units at $75,221,344 on Thursday. Jamaica Producers led with 26.2 percent of the volume traded for 2.12 million shares, followed by Ciboney Group with 13.1 percent for an exchange of 1.06 million units and Wigton Windfarm with 11.3 percent market share for 914,005 units.
Trading for the day averaged 161,585 units at $2,482,813, compared to an average of 239,375 shares at $1,671,585 on Thursday. The average trade month to date ends at 249,365 units at $2,230,008, in contrast to 256,266 units at $2,210,133 on Thursday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement rose 59 cents to $69.40 in trading 36,573 stock units, Ciboney Group gained 22 cents to close at 91 cents, exchanging 1,059,730 shares, as the stock resumes its climb after a recent selloff. Eppley Caribbean Property Fund fell 50 cents to $40.50, with a transfer of 200 units. First Rock Capital advanced $1.50 to a record close of $18 after an exchange of 26,211 units, Grace Kennedy declined by $2 to $86.97 in switching ownership of 162,703 shares, Jamaica Broilers lost 20 cents to close at $29.80 with the swapping of 86,849 stocks. JMMB Group shed 38 cents to end at $32.50 in transferring 56,545 stocks, Key Insurance closed 24 cents lower at $5.46 after exchanging 57,458 units. Mayberry Jamaican Equities gained 50 cents to settle at $8, clearing the market with 800 stocks. MPC Caribbean Clean Energy declined $1 to $139 trading 35 shares, NCB Financial Group climbed $1.50 to $144 in exchange of 101,774 units, 138 Student Living climbed $1.59 to $6.99, with 60,264 units crossing the market, Palace Amusement advanced $10 to $640 with 57 shares crossing the market. PanJam Investment shed $2 to $64, with 1,407 stock units changing hands, Pulse Investments gained 26 cents in closing at $4.40 with an exchange of 390,929 units, Sagicor Group slipped 38 cents to $48.50 in switching ownership of 446,505 shares. Salada Foods lost 30 cents to finish at $44.20 in swapping 1,782 stocks, Scotia Group rose $1.89 to $42, trading 63,546 shares. Sterling Investments fell 31 cents to $2.60 in an exchange of 6,721 stock units, Supreme Ventures gained 30 cents to finish at $15.40, with 50,715 units crossing the market and Wisynco Group closed 47 cents higher at $15.50, with 16,279 shares clearing the market.
In the preference segment, Jamaica Public Service 9.5% jumped $202.69 to close at a 52 weeks’ high of $1,700 trading just one share, JMMB Group C share 7.25% gained 28 cents to end at $2.14 with the swapping of 4,087 stock units and JMMB Group 7.25% declined 24 cents to $1.20 trading 230 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, Carreras, 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, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Slippage for JSE Main Market

March 18, 2021 by IC Insider.com

For a second consecutive day, stocks led the market into a decline on Thursday as 38 percent more shares changed hands, with 54 percent higher value than on Wednesday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 1,456.58 points to 432,347.80, the JSE Main Index shed 1,284.83 points to 394,204.94 and the JSE Financial Index lost 0.07 points to settle at 99.02.
Trading ended with 45 securities, down from 47 on Wednesday, with prices of 18 stocks rising, 17 declining and 10 remaining unchanged. The PE Ratio averages 17.1 based on ICInsider.com forecast of 2020-21 earnings.
Trading ended with 10,771,883 shares for $75,221,344 up from 7,798,057 units at $48,760,883 on Wednesday. Wigton Windfarm led trading with 28.6 percent of total volume, after an exchange of 3.08 million shares followed by Sagicor Select Financial Fund with 21.5 percent for 2.32 million units, Transjamaican Highway with 10.5 percent of the day’s trade for 1.13 million units and Sagicor Select Manufacturing & Distribution Fund with 10 percent for 1.08 million units.
Trading for the day averaged 239,375 units at $1,671,585, compared to an average of 165,916 shares at $1,037,466 on Wednesday. The average trade month to date ends at 256,266 units at $2,210,133, in contrast to 257,553 units at $2,251,139 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Carreras fell 29 cents to $8.71 trading 98,683 stocks, Eppley Caribbean Property Fund rose 96 cents to $41 with 50 stock units changing hands. First Rock Capital gained 40 cents to close at $16.50 in switching ownership of 58,298 units, Jamaica Broilers finished 49 cents higher at $30 in trading 39,230 shares, Jamaica Producers declined $1 to $22 after trading 15,304 stock units. Kingston Wharves fell $1.09 to $43.90 with the swapping of 14,722 units. Mayberry Investments shed 28 cents to close at $5.35, with 16,479 shares crossing the exchange, Mayberry Jamaican Equities shed 49 cents to end at $7.50 in transferring 3,306 stocks, NCB Financial gained 60 cents in closing at $142.50, with 246,999 shares changing hands. 138 Student Living gained 24 cents in ending at $5.40, after clearing the market with 15,702 shares, Pan Jam Investment declined by $1 to $66 with the swapping of 794 units, Proven Investments advanced $1.50 to $34.50 in exchanging 72,037 stock units. Pulse Investments shed 28 cents to close at $4.14 after trading 496,531 units, Scotia Group dropped $3.59 to close at $40.11, with 29,893 stocks crossing the market, Seprod shed $1 to end at $72 in exchanging 17,660 stock units and Wisynco Group lost 49 cents to close at $15.03, with 216,294 units 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, 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, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Stocks pulled back on JSE Main market

March 17, 2021 by IC Insider.com

Trading on Wednesday ended with the market indices retreating after 37 percent fewer dollars went after modestly fewer shares than on Tuesday at the close of the Jamaica Stock Exchange Main Market as the market continues to consolidate ahead of any new major information to move prices out of the current trading range.
The All Jamaican Composite Index declined 2,779.81 points to 433,804.38, the Main Index fell 2,520.23 points to 395,489.77 and the JSE Financial Index lost 0.86 points to settle at 99.09.
Overall 47 securities traded, up from 45 on Tuesday and closed with prices of 17 rising, 16 declining and 14 remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 7,798,057 shares for $48,760,883, down from 7,896,941 units at $77,929,873 on Tuesday. Transjamaican Highway led trading with 26.5 percent of total volume, in exchanging 2.06 million shares followed by Key Insurance with 16.7 percent for 1.30 million units, Wigton Windfarm with 14.3 percent for 1.12 million units and Ciboney Group with 14.1 percent of the day’s trade for 1.10 million units, with the price climbing back to 52 cents.
Trading averaged 165,916 units at $1,037,466, compared to 175,488 shares at $1,731,775 on Tuesday. Trading month to date averaged 257,553 units at $2,251,139, in contrast to 265,470 units at $2,355,997 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Grace Kennedy gained 32 cents to close at $88.97 in trading 106,957 shares, well below the price of JS$110, the stock traded at in Trinidad, Jamaica Broilers lost 49 cents to end at $29.51, with 13,135 stock units crossing the exchange. Jamaica Stock Exchange shed 60 cents in closing at $17.90 in switching ownership of 13,100 units, Key Insurance gained 60 cents to $5.58 with an exchange of 1,299,649 shares, NCB Financial declined $3.10 to $141.90 trading 12,235 units. 138 Student Living shed 78 cents to end at $5.16, with 8,477 stocks changing hands, Palace Amusement dropped $69 to close at $630 in switching ownership of 609 stock units, Pan Jam Investment shed 50 cents to $67 with a transfer of 7,825 stocks. Sagicor Group ended 38 cents higher at $48.88 after exchanging 155,797 shares. Sagicor Real Estate Fund rose $1.11 to $8.32, with 476 stocks clearing the market, Salada Foods climbed $2.80 to $44.50 in trading 2,804 units. Scotia Group gained 70 cents to end at $43.70, with 41,169 stocks crossing the market, Seprod closed 99 cents higher at $73 in switching ownership of 4,342 units and Wisynco Group declined 20 cents to $15.52 after exchanging 140,490 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, 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, 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, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Gains for JSE Main market

March 16, 2021 by IC Insider.com

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Stocks trading on Tuesday ended with the market indices rising, with the volume and values traded declining 22 percent and 18 percent respectively from Monday’s levels at the close of the Jamaica Stock Exchange Main Market as trading levels remain below normal.
The All Jamaican Composite Index climbed 2,301.07 points to 436,584.19, the JSE Main Index advanced 2,049.07 points to end at 398,010.00 and the JSE Financial Index rose 0.72 points to 99.95.
Trading ended with 45 securities, down from 48 on Monday and closed with prices of 16 stocks rising, 16 declining and 13 remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 7,896,941 shares for $77,929,873 compared to 10,151,888 units at $94,956,792 on Monday. Wigton Windfarm led trading with 38.1 percent of total volume, after an exchange of 3 million shares, followed by Transjamaican Highway with 12.1 percent for 953,214 units and Sagicor Select Financial Fund with 8.7 percent for 686,412 units.
Trading averaged 175,488 units at $1,731,775, down from 211,498 shares at $1,978,267 on Monday. Month to date trading averaged 265,470 units at $2,355,997, versus 273,584 units at $2,412,290 on Monday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Cement advanced 57 cents to $69 trading 7,841 stock units, Eppley Caribbean Property Fund shed 96 cents to end at $40.04 with 1,987 stocks crossing the market, First Rock Capital rose 79 cents to $16 trading 12,000 units, Grace Kennedy climbed $2.39 to $88.65 in the swapping of 45,795 shares. Jamaica Producers advanced $1.25 to $23 with 8,160 stocks changing hands, JMMB Group ended $1.14 higher at $32.99 with a transfer of 98,413 shares, Kingston Wharves rose 99 cents to $44.99 in exchanging 20 stock units. NCB Financial climbed $3 to $145 trading 129,630 stock units, PanJam Investment shed 50 cents to close at $67.50 after an exchange of 541 units, Proven Investments declined 50 cents to close at $33 with 31,285 shares changing hands. Sagicor Real Estate Fund fell 99 cents to $7.21, after clearing the market with 820 stocks, Salada Foods shed 80 cents to end at $41.70 with 23,847 stocks crossing the exchange, Scotia Group fell $1 to $43, transferring 293,556 shares. Seprod advanced $1.31 to $72.01 with investors switching ownership of 26,824 stock units and Supreme Ventures lost 41 cents to close at $15 after trading 127,248 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: Barita Investments, Berger Paints, Caribbean Cement, Carreras, 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, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Majors lose ground for a second day

March 15, 2021 by IC Insider.com

Trading activity on Monday ended with more stocks declining than rising, with the market indices falling for a second consecutive day, with an exchange of slightly fewer shares than on Friday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index dropped 1,195.51 points to 434,283.12, the Main Index declined 1,077.34 points to 395,960.93 and the JSE Financial Index slipped 0.03 points to 99.23.
Trading ended with 48 securities, up from 46 on Friday and closed with prices of 14 stocks rising, 22 declining and 12 remaining unchanged. The PE Ratio averages 19.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 10,151,888 shares for $94,956,792 compared to 10,947,226 units at $107,461,042 on Friday. Sagicor Select Manufacturing & Distribution Fund led trading with 17.1 percent of total volume, in exchanging 1.74 million shares, followed by Transjamaican Highway with 16.8 percent for 1.71 million units and Wisynco Group with 10.6 percent after 1.07 million units changed hands.
Trading for the day averaged 211,498 units at $1,978,267, compared to an average of 237,983 shares at $2,336,110 on Friday. Month to date trading averaged 273,377 units at $2,408,769, in contrast to 280,192 units at $2,458,483 on Friday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 45 cents to close at $80.05, trading 3,386 shares. Berger Paints slipped 34 cents to end at $13.20 after an exchange of 2,430 stock units, Caribbean Cement finished 47 cents lower at $68.43 trading 7,500 units, Carreras fell 93 cents to $9.07 with 771,565 shares changing hands. Eppley rose 40 cents to $29.90, with switching ownership of 657 stocks, First Rock Capital shed 79 cents to $15.21, with 5,500 shares crossing the market. Grace Kennedy dropped $5.69 to $86.26 with the swapping of 89,880 stock units, Jamaica Broilers lost 20 cents in closing at $30 after 148,307 shares crossed the exchange, Jamaica Producers declined $1.10 to $21.75 trading 11,390 stocks. Jamaica Stock Exchange slipped 49 cents to $18.36 after a transfer of 7,606 units, JMMB Group fell $1.05 to $31.85 in an exchange of 607,113 shares, Kingston Wharves shed 99 cents to close at $44 in trading 7,807 shares, Mayberry Jamaican Equities rose 50 cents to $8.10 with 421 stock units changing hands. PanJam Investment climbed $6 to $68, with 542 stock units crossing the exchange, Sagicor Group declined $1.40 to $48.49, with 269,556 shares changing hands.

Salada Foods lost 25 cents to close at $42.50 in a transfer of 7,326 units, Seprod fell 30 cents to $70.70 with 12,198 stock units crossing the exchange. Supreme Ventures shed 54 cents to end at $15.41 in swapping 8,467 shares and Wisynco Group closed 25 cents lower at $15.60, trading 1,072,382 shares.
In the preference segment, JMMB Group 7% rose 28 cents to $2.12 with an exchange of 32,878 stock units and JMMB Group 7.25% gained 14 cents to close at $1.86 trading 23,850 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, 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, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Stocks close down on JSE Main market

March 12, 2021 by IC Insider.com

Stocks pulled back in trading on Friday ended with more stocks declining than rising, after an exchange of 18 percent fewer shares valued 39 percent changed hands than on Thursday at the close of market activity on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 759.22 points to close at 435,478.63, the Main Index shed 687.08 points to 397,038.27 and the JSE Financial Index lost 0.54 points to end at 99.26.
Trading ended with 46 securities, up from 42 on Thursday and closed with prices of 16 stocks rising, 19 declining and 11 remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com forecast of 2020-21 earnings.
Investors traded 10,947,226 shares for $107,461,042 compared to 13,431,167 units at $176,099,298 on Thursday. Wigton Windfarm led trading with 31.4 percent of total volume, after an exchange of 3.41 million shares followed by Sterling Investments with 7.4 percent of the day’s trade for 805,228 units and Sagicor Select Manufacturing & Distribution Fund with 6.8 percent for 749,118 units changing hands.
Trading for the day averaged 237,983 units at $2,336,110, compared to an average of 319,790 shares at $4,192,840 on Thursday. Month to date trading averaged 280,192 units at $2,458,483, in contrast to 284,986 units at $2,472,382 on Thursday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments declined $1 to $80.50 in transferring 6,227 shares, Berger Paints rose 54 cents to $13.54, with 457 units changing hands, Caribbean Cement shed 58 cents to finish at $68.90 with 11,178 shares clearing the market. Carreras advanced $1 to close at a 52 weeks’ high of $10 in the swapping of 595,775 stocks, Eppley lost 40 cents to end at $29.50 trading 1,136 stocks, Grace Kennedy advanced $1.95 to $91.95 after finishing with an exchange of 120,285 shares. Jamaica Broilers lost 20 cents in closing at $30.20 after the transferring of 55,753 units, Jamaica Producers rose 85 cents to $22.85 in an exchange of 10,621 stock units. 138 Student Living gained 39 cents to close at $5.99 after exchanging 1,156 stocks, Palace Amusement climbed $99 to $699 with 133 units changing hands, PanJam Investment dropped $2.50 to $62 with 316,159 stock units clearing the market, Proven Investments lost 21 cents to close at $33.50, with 63,218 stocks crossing the market. Sagicor Group rose 89 cents to $49.89 with the swapping of 267,625 shares, Salada Foods fell $1.75 to $42.75 after exchanging 459 stocks, Scotia Group shed 49 cents to close at $44 in switching ownership of 441,597 shares. Seprod declined $4.80 to end at $71 trading 32,504 units, Supreme Ventures gained 45 cents to end at $15.95 with 89,009 shares clearing the market and Victoria Mutual Investments shed 24 cents to close at $5.01 with 89,019 stocks crossing 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, 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, 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, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Solid rise for JSE majors

March 11, 2021 by IC Insider.com

Stocks trading on Thursday ended with the market enjoying a solid rise after more stocks declined than gained, with volume traded 36 percent higher and values climbing 133 percent than on Wednesday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index climbed 4,287.22 points to 436,237.85, the Main Index advanced by 3,845.10 points to 397,725.35 and the JSE Financial Index gained 0.85 points to close at 99.80.
Trading ended with 42 active securities, down from 44 on Wednesday and closed with prices of 16 stocks rising, 19 declining and seven remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 13,431,167 shares trading for $176,099,298 compared to 9,893,680 units at $75,718,501 on Wednesday. Transjamaican Highway led trading with 32.8 percent of total volume, after exchanging 4.39 million shares, followed by Wigton Windfarm with 30.8 percent for 4.14 million units and Sagicor Select Financial Fund with 10.5 percent market share for 1.41 million units.
Trading averaged 319,790 units at $4,192,840, compared to 224,856 shares at $1,720,875 on Wednesday. Month to date trading averaged 284,896 units at $2,472,382, versus 280,960 units at $2,273,025 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and nine with lower offers.
At the close, Barita Investments gained 20 cents to close at $81.50 trading 677,409 shares, Carreras rose 75 cents to end at a 52 weeks’ high of $9 while exchanging 320,238 stocks. Ciboney Group declined 21 cents to 26 cents in trading 391,850 units, Eppley Caribbean Property Fund shed $1 to close at $41 with an exchange of 500 shares, First Rock Capital lost 39 cents to close at $15.86, with 20,093 stock units changing hands. Jamaica Broilers rose 90 cents to close at $30.40 with the swapping of 134,912 shares, Jamaica Producers ended 50 cents higher at $22 in transferring 20,716 stock units, Jamaica Stock Exchange gained 69 cents ending at $18.85, with 8,729 units changing hands. Key Insurance finished 22 cents higher at $4.73 in trading 111,997 stock units, Kingston Wharves advanced 98 cents to $44.99 with an exchange of 4,888 units. Mayberry Investments fell 24 cents to $5.50 in switching ownership of 46,931 shares, Mayberry Jamaican Equities shed 40 cents in closing at $7.70, crossing the market with 7,332 stocks, Palace Amusement dropped $245 to close at a 52 weeks’ low of $600 trading 265 stock units. PanJam Investment slipped 50 cents to $64.50 in exchanging 10,017 units, Proven Investments shed 85 cents ending at $33.71 in transferring 6,926 stocks. Sagicor Group fell 99 cents to $49, with 2,825 shares crossing the market, Salada Foods climbed $3.50 to $44.50 with the swapping of 2,533 stock units, Scotia Group advanced $1.49 to $44.49, with 60,614 shares clearing the market. Seprod climbed $4.80 to close at $75.80 trading 20,614 stocks, Sterling Investments lost 32 cents in settle at $2.65 in switching ownership of 13,369 units, Supreme Ventures shed 45 cents to end at $15.50 trading 16,743 stock units and Sygnus Credit Investments advanced 54 cents to $14.99, with 33,181 shares crossing the market.
In the preference segment, JMMB Group 7.25% shed 22 cents to close at $1.45 with 790 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, Caribbean Cement, 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 Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Another down day for JSE majors

March 10, 2021 by IC Insider.com

The market lost value as the volume of stocks trading climbed 18 percent on Wednesday over Tuesday, but the value plunged 54 percent, resulting in slippage in the market indices at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 655.57 points to 431,950.63, the Main Index shed 575.90 points to 393,880.25, while the JSE Financial Index slipped 0.19 points to settle at 98.95.
Trading ended with 44 securities changing hands, down from 46 on Tuesday with 21 stocks rising, 18 declining and five remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com forecast of 2020-21 earnings.
Investors traded 9,893,680 shares for $75,718,501 compared to 8,355,063 units at $166,391,033 on Tuesday. Transjamaican Highway led trading with 29.9 percent of total volume, after an exchange of 2.96 million shares, followed by Wigton Windfarm with 18.3 percent for 1.82 million units and Jamaica Producers 10.1 percent with 1 million units.
Trading for the day averaged 224,856 units at $1,720,875, versus 181,632 shares at $3,617,196 on Tuesday. Month to date trading averaged 280,960 units at $2,273,025, in contrast to 288,698 units at $2,349,520 on the prior trading day. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints fell 25 cents to $13 in an exchange of 58,148 shares, Caribbean Cement rose 50 cents to close at $69.50 with a transfer of 61,199 stock units, Eppley climbed $2 to a 52 weeks’ high of $30, trading 2,919 shares. Eppley Caribbean Property Fund rose 50 cents to $42 with 359 units changing hands, First Rock Capital ended 25 cents higher at $16.25 in the swapping of 4,274 shares, Grace Kennedy shed 90 cents to end at $89.10 with 58,926 units crossing the market. Jamaica Broilers lost 50 cents to settle at $29.50, with 12,278 stocks changing hands, Jamaica Stock Exchange fell 69 cents to close at $18.16 in swapping 34,917 stock units. Key Insurance slipped 24 cents to $4.51 after 86,720 shares crossed the exchange, Kingston Wharves fell 98 cents to $44.01 in trading 1,936 stocks, NCB Financial climbed $2 to $142 in exchanging 58,854 stock units. Palace Amusement jumped $145 to close at $845 with 75 units crossing the market, PanJam Investment shed 60 cents to finish at $65 trading 572 shares, Proven Investments gained $1.31 to $34.56 with the swapping of 27,976 stock units. Sagicor Group shed 61 cents in ending at $49.99 in switching ownership of 9,258 stocks, Sagicor Real Estate Fund gained 30 cents to $8.30 in a transfer of 2,466 shares, Salada Foods declined $2.90 to $41 trading 13,524 units. Scotia Group climbed $3 to $43 with 48,977 stock units crossing the market, Seprod rose $1 to $71, with 4,972 stocks changing hands, Supreme Ventures gained 30 cents in ending at $15.95 with 805,261 units crossing the exchange. Sygnus Credit Investments fell 26 cents to $14.45, trading 15,239 stocks and Wisynco Group shed 24 cents to close at $15.95 with the swapping of 36,249 stock units.
In the preference segment, JMMB Group 7.25 percent gained 23 cents in closing at $1.67 after exchanging 164,644 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, 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 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, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main market stocks fall

March 9, 2021 by IC Insider.com

Stock market trading on Tuesday ended with the market losing ground after more stocks declined than advanced, with values jumping 106 percent after an exchange of 42 percent fewer shares than on Monday on the Main Market of the Jamaica Stock Exchange.
The All Jamaican Composite Index shed 1,460.68 points to close at 432,606.20, the Main Index fell 1,381.93 points to 394,456.15 and the JSE Financial Index shed 0.63 points to end at 99.14.
Trading ended with 46 securities changing hands, up from 45 on Monday and closed with prices of 16 stocks rising, 21 declining and nine remaining unchanged.
The PE Ratio averages 19.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 8,355,063 shares for $166,391,033 compared to 14,493,061 units at $80,703,499 on Monday. Wigton Windfarm led trading with 16.8 percent of total volume, after an exchange of 1.41 million shares followed by QWI Investments with 12.9 percent and 1.07 million units and PanJam Investment with 12.4 percent for 1.04 million units,
Trading for the day averaged 181,632 units at $3,617,196, versus 322,068 shares at $1,793,411 on Monday. Month to date trading averaged 288,698 units at $2,349,520, in contrast to 306,738 units at $2,135,919 on Monday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints lost 25 cents to end at $13.25 trading 14,681 shares. Caribbean Cement climbed $3 to $69 after an exchange of 180,280 stock units, Carreras gained 27 cents to end at a 52 weeks’ high of $8.35 in trading 696,549 shares, Eppley lost 25 cents to close at $28 in an exchange of 85,062 stocks. Eppley Caribbean Property Fund rose 47 cents to $41.50, with 1,200 units changing hands, Grace Kennedy advanced $1 to $90 in transferring 322,130 stocks, Jamaica Producers climbed $1.28 to $21.58, with 407,827 shares crossing the market. Jamaica Stock Exchange finished 85 cents higher at $18.85 after trading 6,281 units, JMMB Group slipped 21 cents to $32.74 after investors swapped 48,216 stocks, Kingston Wharves rose 49 cents to $44.99 in switching ownership of 110 units, MPC Caribbean Clean Energy declined $14 to $140 trading 20 stock units. Palace Amusement dropped $180 to a 52 weeks’ low of $700 after 721 units crossed the exchange, Pan Jam Investment climbed $2.60 to $65.60 with 1,037,785 shares clearing the market. Proven Investments fell $1.31 to $33.25 in exchanging 14,647 stock units, Sagicor Real Estate Fund shed 35 cents in closing at $8 after an exchange of 48,427 stock units. Salada Foods fell 60 cents to $43.90 trading 11,179 units, Scotia Group ended $3.99 lower at $40 with the swapping of 65,792 stock units, Supreme Ventures gained 21 cents to close at $15.65 in switching ownership of 20,943 shares. Sygnus Credit Investments fell 39 cents to $14.71 after exchanging 43,500 stock units and Wisynco Group gained 28 to end at $16.19, with 40,072 stock units changing hands.
In the preference segment, 138 Student Living preference shares fell 44 cents to close at a 52 weeks’ low of $3.76 with 2,000 shares crossing 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, 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, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE majors inched higher

March 8, 2021 by IC Insider.com

JSE majors inched higher stocks trading on Monday led the market to close, with moderate gains in the market indices after advancing stocks exceeded declining ones and the value falling 54 percent after an exchange of 59 percent more shares than on Friday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index rose 112.20 points to 434,066.88, the Main Index rose 101.54 points to 395,838.08 and the JSE Financial Index gained 0.25 points to settle at 99.77.
Investors traded 45 securities, the same as on Friday and closed with 23 stocks rising, 14 declining and eight remaining unchanged. The PE Ratio averages 19.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 14,493,061 shares for $80,703,499 versus 9,088,136 units at $177,253,367 on Friday. Wigton Windfarm led trading with 53.9 percent of total volume, after exchanging 7.8 million shares followed by Sagicor Select Financial Fund with 11.2 percent for 1.62 million units, Transjamaican Highway with 7.8 percent market share for 1.14 million units and Jamaica Broilers with 7.6 percent for 1.1 million units changing hands.
Trading for the day averaged 322,068 units at $1,793,411 for each security, compared to an average of 201,959 shares at $3,938,964 on Friday. Month to date trading averaged 306,738 units at $2,135,919, in contrast to 303,713 units at $2,203,520 on Friday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints rose 50 cents to $13.50 with 2,538 stocks crossing the market, Caribbean Cement dipped 33 cents to $66 trading 133,772 shares, Eppley gained 25 cents in closing at $28.25, with 3,778 units crossing the market. Grace Kennedy finished 50 cents higher at $89 in exchanging 37,410 stocks, Jamaica Broilers fell $1 in closing at $30 after a transfer of 1,099,818 shares, Jamaica Producers gained 30 cents to end at $20.30, with 64,500 stock units changing hands. Jamaica Stock Exchange shed 86 cents to close at $18 with an exchange of 44,097 stocks, Kingston Properties rose 50 cents to $7.25 with the swapping of 5,577 stock units. Kingston Wharves shed 50 cents to end at $44.50 in an exchange of 6,394 units, Mayberry Investments lost 30 cents in closing at $5.50, with 20,400 shares crossing the market. NCB Financial closed $1 lower at $140 trading 25,021 stocks, Palace Amusement climbed $78.28 to $880, with 284 shares changing hands, PanJam Investment dropped $5 to close at $63 trading 19,308 stock units. Proven Investments rose 65 cents to $34.56, with the swapping of 138,367 shares, Salada Foods ended 50 cents higher at $44.50 after transferring 25,275 units. Scotia Group advanced 99 cents to $43.99 in exchanging 789 stocks, Seprod rose $1.81 to end at $70 trading 3,703 units and Sterling Investments gained 24 cents to close at $3.01 in switching ownership of 181 stocks.