Trading declined on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks traded falling 39 percent with a 12 percent lower value than on Thursday, with trading in 57 securities similar to trading on Thursday and ended with 17 rising, 25 declining and 15 ending unchanged.
A total of 11,913,117 shares were traded for $42,086,420 compared to 19,516,550 units at $47,807,103 on Thursday.
Trading averaged 209,002 shares at $738,358 compared with 342,396 units at $838,721 on Thursday and month to date, an average of 473,702 shares at $3,295,648, compared with 540,168 units at $3,937,787 on the previous day. Trading in June closed with an average of 366,795 units at $6,952,581 including trading in Bonds.
Transjamaican Highway led trading with 3.33 million shares for 27.9 percent of total volume followed by Wigton Windfarm with 1.99 million units for 16.7 percent of the day’s trade, Ciboney Group with 1.95 million units for 16.4 percent of market share and Sagicor Select Financial Fund with 1.46 million units for 12.3 percent of total volume.
The All Jamaican Composite Index lost 2,051.59 points to end at 363,287.98, the JSE Main Index fell 1,305.66 points to finish at 326,625.92 and the JSE Financial Index shed 0.61 points to end at 71.45.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments dipped 35 cents to close at $75.14 with investors transferring 8,178 shares, Berger Paints fell 34 cents to end at $7.70 as 400 units passed through the market, Caribbean Cement declined $3.20 to $54.50 after an exchange of 838 stocks,
Ciboney Group shed 32 cents in closing at $1.33, with 1,948,280 stock units changing hands. Eppley lost $2.45 and ended at $34, with 107 stocks crossing the market, Eppley Caribbean Property Fund dropped $3.48 in closing at $39 with an exchange of 1,030 stock units, Guardian Holdings rose $8 to end at $420, with 283 shares crossing the market, Jamaica Broilers dipped $1.84 to close at $35.05 with 56,101 units clearing the market, Jamaica Producers gained 35 cents and ended at $20.50 as investors exchanged 2,200 shares. JMMB Group dropped $2.30 to $30 after a transfer of 22,542 stocks, Margaritaville increased $2.68 in ending at $17.98 in an exchange of 2 units, Mayberry Jamaican Equities popped 56 cents to close at $11.56 with a transfer of 75,240 stock units, MPC Caribbean Clean Energy lost 50 cents to end at $68.50 in an exchange of 1,545 stock units.
Proven Investments shed $1.59 to $22.12 in trading 46,772 shares and Seprod fell $2.82 in closing at $70.18 with shareholders swapping 181 units.
In the preference segment, Productive Business 10.50% preference share declined $99.99 in closing at $1100.01 in switching ownership of 100 stocks and Jamaica Public Service 7% declined $6.21 to close at $50 after 18 stock units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Wednesday, after trading took place in 57 securities compared with 56 on Wednesday, with prices of 21 rising, 21 declining and 15 ending unchanged.
Transjamaican Highway closed with 3.16 million units for 16.2 percent of market share and Ciboney Group ended with 3.06 million units for 15.7 percent of total volume.
Eppley Caribbean Property Fund advanced $3.48 to $42.48, with 11,384 units changing hands, First Rock Real Estate increased 73 cents in closing at $9.75 after a transfer of 71 stock units. Jamaica Stock Exchange rallied 79 cents and ended at $11 after closing with 2,144 stock units changing hands, Massy Holdings dipped $2.20 to $98.80 with a transfer of 167 shares, Mayberry Jamaican Equities shed 56 cents and ended at $11, with 33,200 units crossing the exchange, MPC Caribbean Clean Energy climbed $8.99 to close at $69 in an exchange of 387 stocks. NCB Financial declined 30 cents in closing at $65.20 in an exchange of 51,169 stock units, Proven Investments dropped 35 cents to $23.71 with an exchange of 2,154 stocks,
Sagicor Group lost 47 cents in closing at $47.53 in trading 122,107 units and Seprod popped $2.99 to $73 with 6,267 shares clearing the market.
A total of 17,334,420 shares were traded for $83,845,979 compared to 76,180,578 units at $630,021,406 on Tuesday.
The All Jamaican Composite Index lost 1,461.79 points to finish at 364,684.10, the JSE Main Index fell 487.98 points to close at 328,377.50 and the JSE Financial Indexslipped 0.53 points to close at 71.93.
Kingston Wharves increased $1.90 in closing at $29.90 after 876 units crossed the market, Margaritaville lost $2.75 and ended at $15.30 after 1,105 shares passed through the exchange. Mayberry Investments rose 50 cents to end at $9 while exchanging 1,606 shares, NCB Financial advanced 45 cents to close at $65.50 in switching ownership of 121,185 stock units after the price hit an intraday 52 weeks’ low of $60, Pan Jamaica declined $2.01 and ended at $50.99, with 507,508 stocks crossing the exchange, Proven Investments declined $1 to end at $24.06 with 1,206 units crossing the market. Sagicor Group dipped $1 to close at $48 after a transfer of 38,194 stocks, Seprod shed $5.30 to $70.01 in an exchange of 2,630 stock units, Sygnus Real Estate Finance rose $1.22 in closing at $12 with 816 shares clearing the market.
In the preference segment, Eppley 5% preference share gained $2.87 and ended at $20 in an exchange of 100 units, Eppley 7.50% preference share rallied 61 cents to end at $6.70, after trading 868 units and Jamaica Public Service 7% advanced $6.12 to $55 and closed with an exchange of 1,488 shares.
A total of 76,180,578 shares were traded for $630,021,406 in contrast with 9,586,592 units at $132,203,147 on Monday.
The All Jamaican Composite Index shed 659.59 points to close at 366,145.89, the JSE Main Index fell 272.83 points to end trading at 328,865.48 and the JSE Financial Index popped 0.57 points to 72.46.
Guardian Holdings surged $32.50 to $452.50 with 131 stock units passing through the market, Jamaica Stock Exchange lost 60 cents to end at $11.50 in an exchange of 2,215,100 shares, JMMB Group climbed 47 cents and ended at $32.47, with 8,676 units changing hands. Kingston Wharves shed $2 in closing at $28 with shareholders swapping 2,745,588 units, Massy Holdings popped $2 to close at $101 with an exchange of 2,700 stock units, Mayberry Jamaican Equities advanced 40 cents in closing at $11.70 after stakeholders traded 3,598 stocks. MPC Caribbean Clean Energy declined 98 cents to close at $60.02 after 667 shares were traded, NCB Financial lost 90 cents and ended at a 52 weeks’ low of $65.05 with 301,043 units clearing the market, Proven Investments rallied $2.03 to end at $25.06 after 10 stock units were traded. Sagicor Group gained $1 to end at $49 after a transfer of 7,962 shares, Seprod declined $2.91 in closing at $75.31 in switching ownership of 9,729 stocks and Supreme Ventures shed 45 cents to end at $29 as 12,335 shares passed through the market.
In the preference segment, Eppley 7.50% preference share dipped $1.08 and ended at $6.09 in trading 20,000 units, Jamaica Public Service 7% dropped $8.62 to close at $48.88 after an exchange of 100 stocks, Jamaica Public Service 9.5% fell $22 to end at $2978 while exchanging just one stock unit. 138 Student Living preference share rose $17 to end at $105 after exchanging 193 shares and Productive Business Solutions 9.75% preference share rallied $12.90 to $103 with investors transferring 3 units.
A total of 9,586,592 shares were traded for $132,203,147 down from 25,472,457 units at $247,227,632 on Friday.
Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
NCB Financial traded 319,722 shares and lost 5 cents in closing at a 52 weeks’ low of $65.95, Pan Jamaica fell 89 cents to close at $53 as investors traded 67,386 units. Proven Investments shed $2.77 to end at $23.03 after an exchange of 2,213 stock units, Sagicor Group declined $1 to close at $48 with a transfer of 68,657 stocks, Scotia Group increased 50 cents to $34.50, with 25,150 units crossing the market. Seprod gained $1.22 to end at $78.22 while investors traded 30,940 shares, Supreme Ventures fell $1.55 to $29.45 with a transfer of 265,619 stocks, Sygnus Credit Investments rallied 32 cents to close at $12.98 after 45,666 stock units crossed the exchange and Sygnus Real Estate Finance dipped $1.15 to $11 trading 1,100 shares.
In the preference segment, Jamaica Public Service 7% shed $9.50 and ended at $57.50 in an exchange of 224 stock units, JMMB Group 7% preference share fell 38 cents to $2 with 657 units changing hands and 138 Student Living preference share advanced $3 in closing at $88 with shareholders swapping 18 stocks.
Gains for the Junior Market this week occurred even as the price of
The Main Market had
The divergence between the average PE ratio of the Main and Junior Markets and the overall market valuation are important indicators of the likely gains for ICTOP10 stocks.
A total of 25,472,457 shares were traded for $247,227,632 compared to 22,306,090 units at $206,410,617 on Thursday.
The All Jamaican Composite Index jumped 2,559.69 points to 370,573.93, the JSE Main Index climbed 1,645.95 points to settle at 332,034.93 and the JSE Financial Index popped 0.03 points to close at 72.95.
GraceKennedy rose $1 to end at $79 after 5,286 stock units changed hands, Jamaica Broilers lost $2.69 and ended at $35 as 286,206 units passed through the market, Jamaica Producers declined 30 cents and closed at $20.20, with trading in 20,000 shares, JMMB Group climbed $3.05 to $33 in an exchange of 270,782 stock units, Margaritaville rallied $3.45 to $18.05 in an exchange of 139 stocks, Pan Jamaica gained $4.77 to close at $53.89 after a transfer of 28,566 stocks, Proven Investments increased 80 cents to end at $25.80 with an exchange of 54,507 shares, Sagicor Group shed $1.50 in closing at $49 with 360,766 units clearing the market, Scotia Group dipped 74 cents to $34, with stakeholders exchanging 96,185 stock units, Seprod advanced $1.90 to $77 as investors exchanged 62,597 stocks, Supreme Ventures jumped $3.50 to end at $31 after 4,418,487 stock units crossed the exchange.
In the preference segment, Eppley 7.50% preference share gained 47 cents to close at $7.17 in trading 269 shares, Jamaica Public Service 7% advanced $9.50 to close at $67 with investors transferring 6 units and 138 Student Living preference share rallied $10.20 ended at $85 with trading in 1,072 shares.
A total of 22,105,112 shares were traded for $190,093,496, compared to 33,792,800 units at $1,151,873,370 on Tuesday.
The All Jamaican Composite Index rose 2,113.23 points to end at 367,304.17, the JSE Main Index popped 902.81 points to 329,758.18 and the JSE Financial Index dipped 0.11 points to end at 72.78.
Jamaica Producers rose 50 cents in closing at $20.50 with stakeholders trading 889,716 units, Kingston Wharves fell 95 cents to $29, with 3,005,614 stocks changing hands, Massy Holdings declined $1 and ended at $100 after an exchange of 4,001 shares. Mayberry Investments dipped 30 cents to $8.20 in trading 12,349 stocks, MPC Caribbean Clean Energy popped $10.99 to end at $71 with investors transferring 2,479 shares, NCB Financial dropped 52 cents to end at $66.98 with a transfer of 223,094 units, Pan Jamaica increased $3.45 to $53.95 in switching ownership of 33,947 stock units, Proven Investments climbed 48 cents to $25.78 in an exchange of 7,723 stocks. Pulse Investments rallied 47 cents in closing at $2.52 after trading in 136,273 stock units, Sagicor Group fell 49 cents to close at $50.01 after 6,044 shares changed hands, Seprod popped 45 cents to end at $75.50 in trading 3,898 units and Supreme Ventures rose 60 cents and ended at $28.47 after 98,942 units crossed the exchange.
In the preference segment, Productive Business 10.50% preference share lost $50 to close at $1200 in an exchange of 131 stock units, Eppley 7.25% preference share dipped $2.81 to $16.19 with one stock changing hands. Eppley 7.50% preference share lost $1.08 in closing at $6.09 after a transfer of 1,000 shares, Jamaica Public Service 7% advanced $10.57 to close at $50 with an exchange of 8 stock units and JMMB Group 7.25% due 2024 preference share declined 31 cents to $1.74, with 133,290 stocks crossing the market.
A total of 33,792,800 shares were traded for $1,151,873,370 compared to 15,466,316 units at $140,081,944 on Monday.
The All Jamaican Composite Index rose 772.25 points to 365,190.94, the JSE Main Index fell 518.40 points to 328,855.37 and the JSE Financial Index slipped 0.22 points to 72.89.
First Rock Real Estate dropped $1.05 to $9.25 with a transfer of 6,241 units, Guardian Holdings dived $32 to a 52 weeks’ closing low of $421 as investors traded 42 shares, Jamaica Stock Exchange lost 59 cents in closing at $11.50 with investors trading 56,596 stock units. JMMB Group dropped $1.56 and ended at $29.90 after an exchange of 2,817 stocks, Mayberry Investments fell 49 cents to close at $8.50 after a transfer of 1,123 units, Proven Investments lost 50 cents in closing at $25.30 while exchanging 1,112 stock units. Pulse Investments dropped 80 cents to end at $2.05 with shareholders swapping 361,533 shares, Supreme Ventures climbed $1.87 to end at $27.87 after exchanging 696,327 units and Sygnus Credit Investments fell $1.38 and ended at $13.02 with an exchange of 266,897 stocks.
In the preference segment, Eppley 7.75% preference share advanced $1.02 to $20.02 with stakeholders exchanging one stock, Jamaica Public Service 7% declined $6.96 to close at $39.43 in trading 1,151 stock units, JMMB Group 7.25% preference share dipped 53 cents in closing at $3.53 and closed at 284 shares and 138 Student Living preference share shed $6.20 in closing at $74.80 in an exchange of 9 units.
The All Jamaican Composite Index advanced 2,765.06 points to end at 364,418.69, the JSE Main Index rose 1,421.14 points to 329,373.77 and the JSE Financial Index inched 0.18 points higher to 73.11.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Jamaica Stock Exchange advanced 64 cents to $12.09 after a transfer of 13,139 stock units, JMMB Group rose $2.46 to end at $31.46 in an exchange of 553,620 stocks, Kingston Properties climbed 57 cents to close at $7.70 while exchanging 109,567 units. Kingston Wharves rose $1.15 in closing at $29.95 as 7,155 shares passed through the market, Margaritaville dropped $3.71 and ended at $14.60 with investors trading 24 stocks, Massy Holdings dipped $1 to $101, with 395 stock units crossing the market. Pan Jamaica popped $2.28 to end at $50.28 as investors exchanged 10,292 units, Portland JSX rose $1.25 in closing at $11 in an exchange of 30,000 shares. Proven Investments gained 50 cents to $25.80 with stakeholders exchanging 51,318 shares, Scotia Group rallied $1.35 to end at $34 after an exchange of 160,437 stocks, Supreme Ventures lost 50 cents in ending at $26, with 2,067,664 units crossing the market and Sygnus Credit Investments increased $1.80 to close at $14.40 changing hands 772,349 stock units.
In the preference segment, Jamaica Public Service 7% dropped $2.28 in closing at $46.39 while trading 1,283 stocks, JMMB Group 7% preference share fell 30 cents to $1.70 with shareholders swapping 21,434 shares and 138 Student Living preference share lost $7 to end at $81 after 41 stock units passed through the market.