NCB Financial sustained a loss of $22.99 to $145.01 but the impact on the market indices was contained as the JSE official closing price based on a weighted average was $158.68 for a fall of just $2.18 after trading 373,332 shares.
NCB Financial Montego Bay branch
At the close of trading on Thursday, the market indices had moderate falls, with the JSE All Jamaican Composite Index declining 167.68 points to 412,034.87. The JSE Market Index fell 151.78 points to 375,590.05 and the JSE Financial Index gained 0.58 points to 104.88.
Eight stocks closed trading at 52-week lows as investors pushed the majority of stock prices down and resulting in the following closing at the lowest prices in a year. Carreras at $5.99, JMMB Group 7.25% C preference share closed at a low of $1.69, Kingston Wharves at $42, Mayberry Investments at $5.20, Mayberry Jamaican Equities at $5.55, Sagicor Select Financial Fund at 49 cents, Seprod at $30, Sterling Investments at $2.20. Supreme Ventures traded at an intraday at 52-week lows of $11 but bounced by the close in trading higher.
The market closed with 45 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 23 declining and six securities trading firm. The JSE Main Market activity ended with 42 securities accounting for 22,241,264 units at $354,166,844, in contrast to 28,855,556 units valued at $738,643,824 from 41 securities on Wednesday.
Wigton Windfarm led trading with 5.7 million shares for 25.6 percent of total volume followed by Sagicor Select Financial Fund with 2.3 million units for 10.4 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 2.3 million units for 10.3 percent market share. Barita Investments with 1.79 million shares and Jamaica Broilers, with 1.8 million shares, was the only other stock trading more than one million units.
The Market closed with an average of 529,554 units valued at an average of $8,432,544 for each security traded, in contrast to 703,794 units valued at an average of $18,015,703 on Wednesday. The average volume and value for the month to date amount to 699,037 units valued at $6,282,646 for each security changing hands compared to 711,658 units valued at $6,110,326 for each security traded. Trading February resulted in an average of 624,731 units valued at $3,239,665 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and 6 stocks closing with lower offers. The PE ratio of the market is down to 14.7, with the Main Market at 13.5 times 2019 earnings.
In the Main Market, Berger Paints closed 40 cents lower to $11.20 after trading 2,565 units, Caribbean Cement dropped $4.20 to end at $40, with 14,809 shares crossing the exchange, First Rock lost 50 cents swapping 21,974 units and closed at $9.50. Grace Kennedy slid to $58, with a loss of 99 cents in exchanging 67,814 shares, Jamaica Broilers settled at $24, after losing 99 cents transferring 1,356,488 units, Jamaica Stock Exchange fell by $1.25 to $19.55, with 47,774 stock units changing hands.
JMMB Group closed $1.39 lower to $35.61, in trading 466,367 shares, Kingston Wharves slid $1.60 to $42, in swapping 624,349 units, PanJam Investment climbed $1 to $80 with an exchange of 564,828 shares, Portland JSX advanced by $1.10 to $8.90 after transferring 31,000 units, Sagicor Group climbed $6.10 to settle at $52.10, trading 537,957 stock units. Sagicor Real Estate Fund closed at $7.99, with a gain of $1.49 with 4,798 units crossing the exchange, Salada Foods picked up $ 1 swapping 229 units and closed at $26, Seprod shed 50 cents trading 60,448 to end the day’s trade at $34.50. Sterling Investments closed 40 cents lower to $2.20, with 301,662 shares changing hands, Supreme Ventures rose 60 cents to $14.50, with a transfer of 874,523 shares, Victoria Mutual Investments shed 67 cents and ended at $6.33, trading 237,971 shares and Wisynco Group declined by $2.70 to $14, with 347,564 units crossing the exchange.
Trading in the US dollar market ended with 55,288 units for $26,920. The market gained 1.89 points to close at 209.79. JMMB Group 6% preference share gained of 1 cent, exchanging 15,776 units at US$1.01, Proven Investments traded 39,263 units at 28 US cents and Sygnus Credit Investments gained 1 cent transferring 249 units at 14 US cents.
Prices of securities trading for the day are those at which the last trade took place.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows thirteen stocks ending with bids higher than their last selling prices and five stocks closing with lower offers. The PE ratio of the market ended at 15.3, while the Main Market ended at 14.3 times the 2019 earnings.
Scotia Group shed $1.18 to settle at $46.82, in swapping 81,985 stock units, Seprod lost 50 cents trading 42,597 units and closed at $40.50, Supreme Ventures ended at $16, with a loss of $1.82 transferring 459,765 shares. Sygnus Credit Investments lost 75 cents to end at $17.25, in swapping 49,449 shares and Wisynco Group declined by 38 cents to $16.62, after 277,802 shares changed hands.
The market closed with 41 securities changing hands in the Main and US dollar markets after six stocks traded at 52 weeks’ lows. At the close prices of 8 stocks rose, 29 declined and 4 traded firm. The JSE Main Market activity ended with 35 securities accounting 19,892,130 units valued at $229,454,953 in contrast to 34,017,777 units valued at $260,298,044 from 43 securities on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and six stocks closing with lower offers. The PE ratio of the market ended at 15.7, while the Main Market ended at 14.8 times the 2019 earnings.
Pulse Investments gained 45 cents to finish at a record close of $3.35 in trading 424,119 stock units, Sagicor Group tumbled $10 to $43.01, in transferring 59,515 shares, Sagicor Real Estate Fund closed 50 cents lower at a 52 weeks’ low of $6.50, with 2,300 stock units changing hands. Sygnus Credit Investments lost 49 cents to end at $18, in swapping 30,024 shares, Victoria Mutual Investments closed at $7.06, with a loss of 63 cents after trading 171,283 units and Wisynco Group declined to $17, after falling $1 with 4,600,987 shares crossing the exchange.
The Market closed with an average of 719,712 units valued at an average of $4,567,619 for each security traded, in contrast to 1,475,633 units valued at an average of $4,169,586 on Wednesday. The average volume and value for the month to date amount to 772,634 units valued at $4,772,738 for each security changing hands, compared to 778,055 units valued at $4,796,287 for each security traded. Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Sagicor Group dropped $1 to finish at $57, after trading 227,486 shares, Sagicor Real Estate Fund slipped to 88 cents, with the swapping of 28,167 shares to close at a 52 weeks’ low of $6.01, Scotia Group fell $1 to end at $50, after exchanging 389,765 shares. Seprod gained $2.55 to close at $44.50, with 109,882 shares changing hands, but only after the price hit a 52 weeks’ low of $35, Supreme Ventures closed at $18.50, with a loss of 50 cents transferring 1,419,961 shares, Sygnus Credit Investments closed at $18.49, after rising 49 cents trading 146,919 shares. Victoria Mutual Investments closed 75 cents higher to $7.95, transferring 391,775 units and Wisynco Group climbed $3.99 to end the day’s trade at $19.99 with 1,050,891 shares changing hands.
At the close, the JSE All Jamaican Composite Index declined by 1,576.07 points to close at 460,418.78, the JSE Market Index fell 1,540.81 points to 419,288.78 and the JSE Financial Index gained 0.26 points to 115.87.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three securities closing with lower offers. The PE ratio of the market ended at 16.2, while the Main Market ended at 15.3 times the 2019 earnings.
Scotia Group dropped $2.40 to end at $51, after swapping 26,251 stock units, Seprod shed $2.05 trading 33,609 shares and closed at $41.95, Supreme Ventures closed at a 52 weeks’ low of $19, with a loss of 30 cents exchanging 77,295 shares. Sygnus Credit Investments closed at $18, after falling 91 cents with 187,246 units crossing the market, Victoria Mutual Investments closed 36 cents higher to $7.20, with 363,279 shares changing hands and Wisynco Group lost $1.50 to end at $16 after trading 1,072,786 stock units.
In the Main Market, Barita Investments gained 80 cents trading 59,211 shares and closed at $62.30, Berger Paints added $1 to end at $13, in transferring 1,800 units, Caribbean Cement shed $2.99 to settle at $55.01, in exchanging 66,781 shares, Eppley closed at $13.50, after losing $2.50 swapping 2,654 units. Eppley Caribbean Property Fund ended $2.30 lower to $37.70, with 45,951 shares changing hands, First Rock Capital added 41 cents to finish at $12, in transferring 41,882 shares, Jamaica Stock Exchange fell to $23.05, with a loss of 94 cents in exchanging 108,430 shares. Kingston Properties gained 34 cents trading 6,026,693 units and closed at $5.84, Mayberry Jamaican Equities lost 30 cents to close at $9.60, with 2,500 units changing hands, MPC Caribbean Clean Energy advanced $2.98 to $149.98, in trading 300 units. PanJam Investment ended the day at $87.80, with a loss of $1.20 after transferring 63,172 shares, Portland JSX Fund ended $1.50 higher to settle at $9, in swapping 5,408 units, Proven Investments gained $1 to finish at $39.50, after trading 18,556 stock units. Pulse Investments lost 60 cents to close at $9.40, with an exchange of 75,638 shares, Sagicor Group dropped $3 to end at $57, in transferring 209,650 shares. 
Scotia Group added $1.40 to end at $53.40, after swapping 1,495 units, Seprod gained $1 trading 493,572 stock units and closed at $44, Stanley Motta closed 35 cents higher to $5.20, with an exchange of 88,500 units, Supreme Ventures closed at $19.30, after losing $1.70 transferring 364,466 shares. Sygnus Credit Investments closed at $18.91, with a loss of $2.04 swapping 110,256 stock units, Victoria Mutual Investments ended 84 cents higher to settle at $6.84, with 446,117 shares changing hands and Wisynco Group gained 50 cents to end trading 501,131 shares at $17.50.
The market closed with 47 securities changing hands in the Main and US dollar markets with the prices of 13 stocks advancing, 27 declining and seven securities trading firm. The JSE Main Market activity ended with 43 securities accounting for 28,292,088 units valued at $246,450,479 in contrast to 28,587,236 units valued at $124,299,870 from 41 securities on Friday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and four stocks closing with lower offers. The PE ratio of the market ended at 16.7, while the Main Market ended at 15.9 times the 2019 earnings.
Sagicor Real Estate Fund closed 93 cents lower at $8.80, with an exchange of 9,592,783 shares, Salada Foods settled at $29, with gains of 50 cents trading 1,857 units, Scotia Group climbed $2 to $52, in transferring 523,149 shares. Seprod gained $1 exchanging 63,730 shares to end at $43, Supreme Ventures rose $1.30 and closed at $21, after trading 40,678 stock units, Sygnus Credit Investments closed at $20.95, with gains of $2.80 swapping 72,927 units. Victoria Mutual Investments ended 80 cents lower to settle at $6, with 987,897 shares changing hands and Wisynco Group dropped $1.10 to $17 in transferring 493,670 stock units.
The Market closed with an average of 697,250 units at $3,031,705 for each security traded, in contrast to 1,393,670 units valued at an average of $6,983,180 on Thursday. The average volume and value for the month to date amount to 734,052 units valued at $4,928,837 for each security changing hands compared to 924,613 units valued at $5,408,975 for each security traded. Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Sagicor Group lost 50 cents, ending the day at $60.60, with 188,479 stock units traded, Salada Foods closed with a loss of 50 cents at $28.50 in swapping 535 units. Scotia Group ended at $50, after losing 50 cents in transferring 112,800 stock units, after it traded down to an intraday 52 weeks’ low of $40. Seprod declined by $3 exchanging 69,800 shares to close at $42, Supreme Ventures lost 30 cents to end at a 52 weeks’ low of $19.70, with an exchange of 211,976 units, Sygnus Credit Investments lost $2.35 to close at $18.15 while transferring 455,294 shares. Victoria Mutual Investments shed 70 cents to end at $6.80, in trading 382,192 stock units and Wisynco Group closed $1.90 lower to $18.10 in exchanging 439,672 shares.
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Supreme Ventures lost $1 to end at $20, with 73,161 shares changing hands, Sygnus Credit Investments closed at $20.50, with a loss of $3.30 swapping 124,690 shares. Victoria Mutual Investments lost 50 cents to end at $7.50, in trading 295,373 shares, Wisynco Group lost $2.45 in transferring 495,518 shares at $20, and in the preference section, Productivity Business Solution closed with 5,000 units crossing the exchange and rose $5 to $105.
The JSE All Jamaican Composite Index declined by 5,335.20 points to close at 505,830.27, the JSE Market Index dropped 4,832.90 points to 460,484.22 and the JSE Financial Index lost 1.47 points to 124.12.
Trading in February resulted in an average of 624,731 units valued at $3,239,665 for each security.
Sagicor Group dropped $3.90 to end at $61.10, with an exchange of 1,136,646 shares, Salada Foods closed at $34, with a loss of $1 trading 1,592 shares. Scotia Group ended at $52.50, after losing $1.51 transferring 179,479 shares, Seprod declined by $4.34 after exchanging 24,220 units and closed at $47.07, Supreme Ventures lost $1.35 to end at $21, in swapping 58,263 shares. Sygnus Credit Investments closed at $23.80, with a loss of 70 cents trading 43,363 stock units, Victoria Mutual Investments lost 50 cents to end at $8, with 669,559 shares changing hands and Wisynco Group shed 45 cents to settle at $22.45, in transferring 2,114,845 shares.