Barita Investments

JSE Main Market pre-Christmas rally

December 23, 2020 by IC Insider.com

Trading on Wednesday, resulting in an almost even split between rising and declining stocks on the Jamaica Stock Exchange Main Market after the volume of shares exchanged was marginally lower than on Tuesday.
At the close, the All Jamaican Composite Index rose 1,881.19 points to settle at 424,217.88, the Main Index climbed 1,702.34 points to 387,217.88 and the JSE Financial Index added 0.44 points to close at 100.64.
Trading ended with 48 securities changing hands compared to 46 on Tuesday and ended with prices of 20 stocks rising, 21 declining and seven ending unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market saw trading of 24,549,135 shares for $140,421,055 down from 24,954,720 units at $310,333,709 on Tuesday. Wigton Windfarm led trading with 44.7 percent of total volume after trading 10.98 million shares, followed by Sagicor Real Estate Fund with 25.5 percent for 6.27 million units, Transjamaican Highway 8.7 percent market share with 2.14 million units, QWI Investments 5.6 percent with 1.4 million units and Sagicor Select Financial Fund 4.7 percent market share with 1.15 million units.
Trading on Wednesday averaged 511,440 units at $2,925,439 for each security, compared to an average of 542,494 shares at $6,746,385 on Tuesday. Trading month to date averaged 372,792 units at $6,952,207 for each security, in contrast to 363,405 units at $7,224,823 on the prior trading day. November ended with an average of 623,120 units at $6,686,047.
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 of the market, Barita Investments carved out a gain of 57 cents to close at $83.97, with an exchange of 53,075 shares, Berger Paints lost 55 cents in ending at $14, with 2,926 stock units crossing the market, Caribbean Cement climbed $5 to $62 with 19,192 units clearing the market. Carreras gained 41 cents to close at $7, trading 615,139 stocks, with the bid at $7.10, to purchase 256,243 shares at the close, Eppley fell $3.90 to end at $25 in exchanging 11,000 shares. Grace Kennedy jumped $7.52 to close at $70.52 with 175,952 shares crossing the exchange, but 175,952 units of the stock were offered for sale at $63.85 at the close. Jamaica Broilers rose $2.74 to $28.99 in switching ownership of 37,777 shares, Jamaica Stock Exchange gained 40 cents to close at $19.80, with 1,758 stock units changing hands. Kingston Wharves declined by $1.09 to $45.80 after exchanging 385 units, Mayberry Investments increased 38 cents to $6.15 in trading 12,925 stock units, NCB Financial shed $4.97 in ending at $140 with 128,875 stocks crossing the exchange. 138 Student Living increased 51 cents in closing at $4.86 and exchanging 1,838 shares, Palace Amusement rose $100 to $1300 after exchanging 16 units, Portland JSX climbed $1.50 to $9.50 exchanging 800 shares, Sagicor Real Estate Fund rose 47 cents to close at $7.75, with 6,265,503 stocks crossing the exchange. Salada Foods climbed $5.72 to $28.74 in an exchange of one share, Scotia Group increased $2.49 to $45 in trading 703,239 stocks and Sygnus Credit Investments advanced 90 cents to $16.90 while trading 21,929 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, 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main market drops

December 22, 2020 by IC Insider.com

Stocks lost ground at the close of trading on the Jamaica Stock Exchange Main Market on Tuesday with declining stocks just edging out those that gained after 44 percent more shares were exchanged with an 80 percent lower value than on Monday.
At the close, the All Jamaican Composite Index lost 5,193.89 points to settle at 422,336.69, the Main Index declined by 4,647.93 points to settle at 385,515.54 and the JSE Financial Index shed 1.90 points to settle at 100.20.
Trading ended for a third consecutive day with 46 securities changing hands, ending with the prices of 19 stocks rising, 20 declining and seven remaining unchanged. The PE Ratio at the close of trading averaged 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 24,954,720 shares for $310,333,709 compared to 17,323,616 units at $1,538,352,731 on Monday.
Pulse Investments led trading with 25 percent of total volume after trading 6.23 million shares, followed by Transjamaican Highway 17.4 percent with 4.33 million units, Sagicor Group 16.1 percent market share with 4.02 million units, Wigton Windfarm 12.4 percent with 3.1 million units, QWI Investments 10.2 percent with 2.56 million units and Jamaica Broilers Group with 1.54 million units for 6.2 percent market share.
Trading averaged 542,494 units at $6,746,385 for each security, compared to 376,600 shares at $33,442,451 on Monday. Trading month to date averaged 363,405 units at $7,224,823 for each security, in contrast to 350,980 units at $7,258,018 on the prior trading day. Trading in November averaged of 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Barita Investments lost 30 cents to end at $83.40 trading 15,654 shares, Berger Paints advanced 55 cents to end at $14.55 in exchanging 1,856 stock units, Eppley climbed $3.90 to close at $28.90 after trading 3,515 stock units. Eppley Caribbean Property Fund rose $1.50 to $44.50 with an exchange of 112,205 shares, Grace Kennedy increased $2 to $63 after exchanging 111,501 stocks, Jamaica Broilers lost $2.22 to end at $26.25 after exchanging 1,537,465 stock units. Jamaica Producers advanced $1.57 to $21.20 in an exchange of 50,501 shares, JMMB Group climbed 93 cents to $33, with 68,233 stocks changing hands, Key Insurance carved out a loss of 53 cents in ending at $6.57 in an exchange of 106,968 stock units. Kingston Properties climbed $1.04 to $7.25 in exchanging 1,500 shares, NCB Financial rose 47 cents to $144.97 after exchanging 22,631 stocks, Palace Amusement dived $100 to $1200 after exchanging 9 units. Sagicor Group lost 50 cents to close at $49.50 in trading 4,022,948 stocks, Salada Foods lost $1.98 after ending at $23.02 with investors swapping 54,260 stock units, Scotia Group shed 97 cents to end at $42.51, with 47,182 shares passing through the market and Sygnus Credit Investments fell 50 cents to $16 in an exchange of 194,763 shares.
In the preference segment, 138 Student Living Preference share dropped $2.23 to settle at $4.65 with an exchange of 8 stock units and Eppley 8.75% preference share climbed $1.52 to settle at $7.52 after crossing the market with 2,800 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: 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

NCB corners 94% traded value

December 21, 2020 by IC Insider.com

NCB Financial had another day of a big trade and dominated activity on Monday, with more than half of the volume traded accounting for 94 percent of the overall value traded on the Jamaica Stock Exchange Main Market on Monday.

NCB Financial Group cornered the largest portion of JSE trading on Monday.

At the close of trading, the All Jamaican Composite Index rose 2,558.91 points to settle at 427,530.58, the JSE Main Index gained 2,168.39 points to settle at 390,163.47 and the JSE Financial Index gained 1.31 points to settle at 102.10.
For the second consecutive trading day 46 securities changed hands with prices of 13 stocks rising, 20 declining and 13 unchanged. The PE Ratio closed with an average of 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 17,323,616 shares trading for $1,538,352,731 compared to 37,661,093 units at $245,318,135 on Friday.
NCB Financial Group led trading with 57.6 percent of total volume after exchanging 9.98 million shares, followed by Transjamaican Highway with 15.3 percent after 2.65 million units traded and Sagicor Select Financial Fund with 4.3 percent market share, with 736,342 shares.
Trading averaged 376,600 units at $33,442,451 for each security, compared to 818,719 shares at $5,333,003 on Friday. Month to date averaged 350,980 units at $7,258,018 for each security, in contrast to 349,070 units at $5,305,856. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the market’s close, Barita Investments fell 80 cents to $83.70 trading 387,659 shares, Caribbean Cement climbed 39 cents to $56.98 in exchanging 3,127 units, Eppley lost $1 to close at $25 with investors swapping 3,425 stocks. Eppley Caribbean Property Fund dropped $2 in closing at $43 after trading 1,200 stock units, Grace Kennedy lost $2 in ending at $61 in an exchange of 529,336 shares, Jamaica Producers lost $1.37 in closing at $19.63, with 24,506 stocks crossing the market. JMMB Group fell $2.93 to $32.07 with investors swapping 18,419 shares, Key Insurance lost 89 cents to close at $7.10 in an exchange of 133,506 stocks, Kingston Properties shed $1.04 to end at $6.21 in an exchange of 1,417 shares. Kingston Wharves advanced 90 cents to $46.90 after exchanging 11,025 stocks, Mayberry Investments lost 50 cents to end at $6 with 695 shares trading, MPC Caribbean Clean Energy shed $14 to end at $145 with an exchange of 10 stock units. NCB Financial climbed 50 cents to $144.50, with 9,979,058 shares crossing the exchange, Palace Amusement climbed $87 to $1300 in trading 14 units, PanJam Investment rose $1.15 to end at $67.97 trading 37,700 shares. Portland JSX lost 48 cents in ending at $8 trading 15,755 stock units, Sagicor Group climbed $4.99 to $50, with 46,612 units passing through the market, Salada Foods lost $4 to close at $25 in exchanging 1,267 shares and Scotia Group shed $1.02 to end at $43.48 trading 11,546 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, 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, 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 Main market slips

December 18, 2020 by IC Insider.com

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Nearly twice the number of stocks rose on Friday to those declining at the end of trading on the Jamaica Stock Exchange Main Market, with the shares exchanged rising 184 percent above Thursday trades but at just 27 percent of the value.
Trading ended with 46 securities changing hands compared to 45 on Thursday and closed with the prices of 22 stocks rising, 12 declining and 12 remaining unchanged, with Ciboney trading at a 52 weeks’ high of 25 cents. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close, the All Jamaican Composite Index fell by 779.17 points to 424,971.67, the Main Index shed 658.11 points to 387,995.08 and the JSE Financial Index lost 0.43 points to end at 100.79.
Investors exchanged 37,661,093 shares for $245,318,135 compared to 13,243,734 units at $907,847,284 on Thursday. Wigton Windfarm led trading with 35.6 percent of total volume, after an exchange of 13.41 million shares, followed by Transjamaican Highway with 35.3 percent for 13.30 million, Mayberry Jamaican Equities with 10.6 percent for 4.0 million units. Sagicor Group with 8 percent for 3 million units and Sagicor Select Financial Fund with a 3.6 percent market share for 1.35 million units.
Trading for the day averaged 818,719 units at $5,333,003 compared to an average of 294,305 shares at $20,174,384 on Thursday. Month to date average 349,070 units at $5,305,856 for each security, in contrast to 311,235 units at $5,303,669. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading had six stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Caribbean Cement shed 40 cents in closing at $56.59, with 2,947 shares crossing the exchange, Eppley fell by $2.90 to $26, after investors switched ownership of 10,000 units, Grace Kennedy closed at $63, with gains of $1.80 and 24,887 stock units passing through the market. Jamaica Producers advanced by $1.15 to $21 after trading 5,690 units, JMMB Group climbed $3 to $35, in exchanging 711,242 shares, Key Insurance gained 64 cents to close at $7.99, with the trading of 16,415 units. Kingston Wharves fell by $1.15 to $46 after exchanging 29,634 stock units, Mayberry Investments ended 50 cents higher at $6.50, with investors swapping 1,000 shares, MPC Caribbean Clean Energy declined by $1 to $159, with a transfer of 10 units. NCB Financial advanced $2 to $144 trading 21,418 stocks, Pan Jam Investment climbed $1.32 to $66.82, after 64,236 shares crossed the market, Sagicor Group dropped $4.49 to close at $45.01, with 3,004,520 shares clearing the market. Scotia Group gained 50 cents to finish at $44.50, trading 5,364 units, Seprod lost 45 cents in closing at $66 and exchanging 25,732 stock units and Wisynco Group increased 50 cents to $16, with 30,512 stock units passing through the market.
In the preference segment, Eppley 8.75% preference share declined by $1.52 to $6 and cleared the market with 22,100 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: 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, 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

December 17, 2020 by IC Insider.com

Trading for the week continued to seesaw with the Jamaica Stock Exchange Main Market declining marginally on Thursday following Wednesday’s four-digit index fall with more stocks declining than rising after an exchange of 29 percent fewer shares than on Wednesday with 200 percent increased value.
At the close, the All Jamaican Composite Index shed 469.19 points to 425,750.84, the Main Index lost 370.18 points to 388,653.19 and the JSE Financial Index slipped 0.12 points to settle at 101.22.
Similar to trading Wednesday the market close with 45 securities changing hands with prices of 14 stocks rising, 23 declining and eight remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 13,243,734 shares for $907,847,284 compared to 18,734,982 units at $302,910,320 on Wednesday. NCB Financial led trading with 45.5 percent of total volume, after exchanging 6.02 million shares followed by Wisynco Group with 8.4 percent for 1.11 million units and QWI Investments with 7.1 percent for 940,061 stock units.
Trading for the day averaged 294,305 units at $20,174,384 for each security, compared to an average of 416,333 shares at $6,731,340 on Wednesday. Month to date averaged 311,235 units at $5,303,669 for each security, in contrast to 312,683 units at $4,031,460 on Wednesday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading had six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments loss 40 cents and ended at $84.50, with an exchange of 3,104 shares, Berger Paints rose $1 to end at $14, with 8,835 stock units passing through the market. Eppley advanced by $3.90 to a record high of $28.90, in trading 2,218 units, Eppley Caribbean Property Fund gained 69 cents to settle at $44.99, after 6,650 stock units crossed the market, Grace Kennedy dropped $3.80 in closing at $61.20, with 79,901 shares changing hands. Jamaica Producers fell $1.65 to $19.85, after exchanging 6,300 stock units, Jamaica Stock Exchange closed at $19.45, with gains of 69 cents, with 7,557 units passing through the market, JMMB Group fell $1 to $32 after an exchange of 126,949 shares. Key Insurance ended $1.05 lower at $7.35, with an exchange of 147,940 shares, Mayberry Investments lost 52 cents to close at $6, with 19,300 stock units passing through the market, MPC Caribbean Clean Energy declined by $5 to $160 after investors switched ownership of 30 units. NCB Financial climbed $1.86 to $142 in exchange 6,022,238 shares, 138 Student Living shed 41 cents to settle at $4.34, in an exchange of 348 units, Pan Jam Investment lost 50 cents in closing at $65.50 trading 7,986 units, Sagicor Group rose $1.25 to $49.50, with investors swapping 12,622 stock units. Salada Foods advanced by $2.98 to $29, in an exchange of 1,000 units, Scotia Group dropped $1 to close at $44, after the transferring of 30,250 shares, Seprod lost 55 cents in closing at $66.45, with 1,813 units changing hands and Wisynco Group slipped 98 cents to close at $15.50, with 1,114,154 shares passing through 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, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Rising volume falling prices

December 16, 2020 by IC Insider.com

Market activity resulted in more stocks declining than rising at the end of trading on the Jamaica Stock Exchange Main Market on Wednesday after an exchange of 149 percent more shares than on Tuesday and the value surging by 196 percent.
At the close, the All Jamaican Composite Index dropped 2,513.76 points to 426,220.03, the Main Index lost 2,243.25 points to settle at 389,023.37 and the JSE Financial Index lost 0.58 points to close at 101.34.
Trading ended with 45 securities changing hands compared to 43 on Tuesday and closed with the prices of 14 stocks rising, 16 declining and 15 remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 18,734,982 shares for $302,910,320 compared to 7,525,461 units at $102,351,143 on Tuesday. Mayberry Jamaican Equities led trading with 53.4 percent of total volume, after an exchange of 10 million shares followed by Grace Kennedy with 16.7 percent for 3.14 million units, Transjamaican Highway with 5.6 percent for 1.05 million units and QWI Investments with 5.6 percent for 1.05 million units changing hands.
Trading for the day averaged 416,333 units at $6,731,340 for each security, compared to an average of 175,011 shares at $2,380,259 on Tuesday. Month to date averaged 312,683 units at $4,031,460 for each security, in contrast to 302,986 units at $3,778,872 to Tuesday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Grace Kennedy advanced by $2 to $65, with 3,135,643 shares changing hands, Jamaica Broilers gained 49 cents to end at $28.49 after exchanging 14,383 stock units, Jamaica Stock Exchange fell by $1.23 to $18.76, in trading 24,100 units. JMMB Group closed at $33, with a loss of $1.50 in exchanging 13,511 shares, Kingston Properties rose 40 cents to $7.25, after crossing the exchange with a mere 27 units, NCB Financial dropped $4.85 to $140.14, with investors switching ownership of 19,286 stocks. Pan Jam Investment settled at $66, after losing $1.99 after transferring 1,056 units, Seprod closed $1 higher at $67, with 4,452 stock units changing hands and Sygnus Credit Investments rose 38 cents to $16.58 trading 133,911 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 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, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market climbs again

December 15, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Tuesday with gains after more stocks advanced than declined after trading accounted for 110 percent funds chasing stocks and driving the market indices higher by up to 2,000 points.
At the close, the All Jamaican Composite Index climbed 2,008.23 points to 428,733.79, the Main Index advanced 1,833.71 points to 391,266.62 and the JSE Financial Index rose 0.41 points to 101.92.
Trading ended with 43 securities changing hands for a second consecutive day and with prices of 19 stocks rising, 14 declining and 10 remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 7,525,461 shares for $102,351,143 up from 7,084,366 units at $48,587,272 on Monday. Transjamaican Highway led trading with 17.7 percent of total volume, trading 1.33 million shares, followed by Wigton Windfarm with 16.5 percent for 1.24 million units and QWI Investments with 12.1 percent for 908,796 units.
Trading for the day averaged 175,011 units at $2,380,259 for each security, compared to an average of 164,753 shares at $1,129,937 on Monday. Month to date trade averaged 302,986 units at $3,778,872, in contrast to 315,550 units at $3,916,179 on Monday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has six stocks ending with bids higher than their last selling prices and eight with lower offers.
At the close of the market, Berger Paints lost 45 cents to end at $12.95, after exchanging 81,965 shares, Eppley Caribbean Property Fund climbed $1.40 to settle at $44.40, in trading 700 units, Grace Kennedy fell $3.49 to $63, with 107,543 shares changing hands. Jamaica Broilers lost 32 cents to end at $28, in transferring 42,518 stock units, Jamaica Stock Exchange climbed $1.23 in closing at $19.99, with investors switching ownership of 77,977 shares, JMMB Group rose 50 cents to $34.50, after exchanging 218,767 shares. Kingston Properties shed 40 cents to end at $6.85, with investors swapping 400 units, Kingston Wharves closed at $47.15, with gains of 60 cents trading 5,116 units, Mayberry Investments rose 86 cents to $6.52, in an exchange of 30,960 stock units. MPC Caribbean Clean Energy advanced by $19.50 to $165 after transferring 704 units, Palace Amusement climbed $113 to end at $1,213, after an exchange of 34 units, PanJam Investment closed $5.99 higher at $67.99, with 13,695 units crossing the market. Pulse Investments gained 35 cents to end at $4.71, with 255,000 shares changing hands, Sagicor Group rose $1.49 to $48.50, trading 32,896 stock units, Sterling Investments gained 39 cents to settle at $3.05, in an exchange of 314,500 shares. Supreme Ventures finished at $18, with gains of 50 cents and 78,024 shares crossing the exchange, Sygnus Credit Investments gained 31 cents to end at $16.20, after 67,770 shares cleared the market.
In the preference segment, Eppley 8.75% preference share shed $1.33 to $7.52 and finishing with an exchange of 211 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: 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 Select Fund, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Majors lost altitude on Monday

December 14, 2020 by IC Insider.com

Trading closed with a heavy bias to declining stocks that dominated advancing ones 5 to 2 on the Main Market of Jamaica Stock Exchange on Monday, leading the market indices down after two previous days of gains.
At the close, the All Jamaican Composite Index lost 3,170.34 points to 426,725.56, the Main Index shed 2,802.34 points to 389,432.91 and the JSE Financial Index lost 0.79 points to settle at 101.51.
Trading ended with 43 securities changing hands similar to Friday and closed with the prices of eight stocks rising, 20 declining and 15 remaining unchanged. The average PE Ratio ends at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 68 percent fewer shares than Friday with 7,084,366 units trading for $48,587,272, down from 22,148,337 units at $106,842,072 on Friday. Wigton Windfarm led trading with 20.1 percent of total volume, after exchanging 1.43 million shares, followed by Transjamaican Highway with 16.2 percent for 1.15 million units and Sagicor Select Manufacturing & Distribution Fund with 12.5 percent for 888,116 shares.
Trading for the day averaged 164,753 units at $1,129,937 for each security, compared to an average of 515,078 shares at $2,484,699 on Friday. Month to date trade averaged 315,550 units at $3,916,179, compared to 331,966 units at $4,219,492 on Friday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Barita Investments lost 51 cents to close at $85, after trading 154,850 shares, Berger Paints dropped 60 cents to $13.40, with just 55 units changing hands. Eppley Caribbean Property Fund lost 50 cents after transferring 14,465 stock units at $43, First Rock Capital rose 89 cents to $12.99, with the switching of 22,292 stock units, Grace Kennedy climbed $1.49 to $66.49, in trading 9,982 units. Jamaica Broilers Group gained 39 cents to settle at $28.32, after an exchange of 61,415 shares, Jamaica Stock Exchange closed at $18.76, after gaining 48 cents in exchanging 17,599 units, Key Insurance rose 50 cents to $8.60, as investors switched ownership of 233,856 shares. Kingston Wharves fell $1.35 to $145.01, with 16,798 units crossing the exchange, 138 Student Living gained 43 cents to settle at $4.75, in exchanging 26,196 stock units, Palace Amusement dropped $200 to $1,100, in transferring 8 units. Pan Jam Investment dropped $4 to close at $62 after 5,631 units crossed the exchange, Pulse Investments shed 37 cents to $4.36 in trading 422,959 shares, Scotia Group fell $1.50 to $45 in an exchange of 25,605 stock units and Wisynco Group shed 33 cents to end at $16.10, with 78.736 shares crossing the exchange.

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, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Weekly high for JSE Main Market

December 11, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market indices recorded more gains on Friday to end with the highest reading for the week but more than 4,000 points lower than the close of the previous week after an exchange of 327 percent more shares and changed hands with an increase of 134 percent in values over Thursday.
At the close, the All Jamaican Composite Index rose 1,581.20 points to 429,895.90, the Main Index advanced 1,446.63 points to 392,235.25 and the JSE Financial Index gained 0.10 points to settle at 102.30.
Trading ended with 43 securities changing hands, down from 46 on Thursday, with the prices of 19 stocks rising, 12 declining and 12 remaining unchanged. The average PE Ratio ended at 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 22,148,337 shares, with a consideration of $106,842,072 compared to 5,190,810 units at $45,639,960 on Thursday. Transjamaican Highway led trading with 70.3 percent of total volume, after exchanging 15.57 million shares followed by Supreme Ventures with 11 percent for 2.45 million units and Wigton Windfarm with 6.2 percent market share for 1.36 million units.
Trading for the day averaged 515,078 units at $2,484,699, compared to an average of 112,844 shares at $992,173 on Thursday. The average month to date trade is 331,966 units at $4,219,492 for each security, in contrast to 309,597 units at $4,431,412. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Barita Investments advanced 51 cents to $85.51, with 78,712 shares passing through the market, Caribbean Cement rose $1 in closing at $57 and exchanging 1,339 units. Grace Kennedy climbed $1.97 to $65, with 181,311 shares changing hands, Jamaica Producers Group advanced by $1.20 to $21.70, after crossing the exchange with 5,925 stock units, Jamaica Stock Exchange lost 48 cents in closing at $18.28, and clearing the market with 1,922 units. JMMB Group fell $1 to $34 trading 30,515 shares, Key Insurance slipped 35 cents to $8.10, with the trading of 1,215 units, Kingston Wharves fell 90 cents to $47.90, in exchanging 2,771 units. Mayberry Investments declined by 30 cents to $5.70 trading 76,550 shares, 138 Student Living shed 33 cents to end at $4.32, after exchanging 4,700 stock units, Palace Amusement climbed $100 to end at $1,300, after exchanging 5 units, Pan Jam Investment rose $1.61 to $66, in crossing the exchange with 3,150 units. Scotia Group advanced by $5.09 to $46.50 after 6,231 stock units passed through the market, Seprod gained $2 to settle at $66, with an exchange of 10,394 stock units, Sterling Investments lost 34 cents to close at $2.56, as investors switched ownership of 1,076 units and Sygnus Credit Investments fell $1.16 to $15.94, with 429,283 shares 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 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, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market closes higher

December 10, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market indices regained momentum in trading on Thursday after an exchange of 23 percent more shares traded than on Wednesday but with more stocks falling than rising.
At the close, the All Jamaican Composite Index advanced by 4,980.27 points to 428,314.70, the Main Index climbed 4,490.67 points to 390,788.62 and the JSE Financial Index rose 2.00 points to settle at 102.20.
Trading ended with 46 securities changing hands compared to 44 on Wednesday and closed with the prices of 14 stocks rising, 18 declining and 14 remaining unchanged. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading resulted in 5,190,810 shares changing hands for $45,639,960 compared to 4,210,405 units at $40,575,680 on Wednesday. Wigton Windfarm led trading with 29.3 percent of total volume, after exchanging 1.52 million shares followed by Transjamaican Highway with 11.5 percent for 595,299 units and Ciboney Group with 10.8 percent market share for 561,269 units after the stock traded at a 52 weeks’ high of 21 cents.
Trading for the day averaged 112,844 units at $992,173 for each security, compared to an average of 95,691 shares at $922,175 on Wednesday. The average month to date trade is 309,597 units at $4,431,412 for each security, in contrast to 339,174 units at $4,948,422 on Wednesday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments fell by $1.50 to close at $85, with an exchange of 6,956 units, Caribbean Cement shed $1 to settle at $56, after clearing the market with 4,063 units. Eppley Caribbean Property Fund climbed $3 to end at $43.50, in exchanging 1,071 units, Grace Kennedy shed 96 cents to close at $63.03, with the changing of ownership of 31,199 shares, Jamaica Broilers lost 45 cents to close at $28 trading 18,187 stock units. Jamaica Producers declined $1.24 to $20.50, after exchanging 28,512 shares, Jamaica Stock Exchange gained 49 cents to $18.76, with investors swapping 6,700 units, Kingston Wharves advanced by $1.80 to $48.80, with 3,308 units crossing the exchange. Mayberry Investments ended at $6, with gains of 39 cents after exchanging 35,146 shares, Mayberry Jamaican Equities rose 97 cents to close at $8.19, after crossing the exchange with 10,500 units, NCB Financial dropped $1 to $146, in trading 58,216 shares. 138 Student Living gained 34 cents to end at $4.65, with 1,101 units trading, Palace Amusement dropped $100 in closing at $1,200, with 5 units passing through the market, Pan Jam Investment gained 39 cents to end at $64.39, with an exchange of 8,413 units. Sagicor Group fell by $2.49 to $47.01, with 32,983 shares crossing the exchange, Salada Foods shed 99 cents to close at $26.02 trading 500 units and Scotia Group declined by $2.59 to close at $41.41, in transferring 171,015 shares after the Group reported lower full-year profit than in 2019.