Trading activity jumped on Monday with 66 percent more shares crossing the market than on Friday, with the value just marginally up, when the Jamaica Stock Exchange Main Market closed.
At the close, the All Jamaican Composite Index rose 399.84 points to 428,644.20, the Main Index advanced by 590.88 points to 391,067.59 and the JSE Financial Index gained 0.10 points to settle at 100.09.
Trading ended with 49 securities changing hands, up from 45 on Friday and closed with 24 rising, 18 declining and seven remaining unchanged. The PE Ratio now averages 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 14,886,632 shares for $96,260,639 compared to 8,950,572 units at $95,033,632 on Friday. Pulse Investments led trading with 33.1 percent of total volume, after exchanging 4.92 million shares, followed by Wigton Windfarm with 18.1 percent for 2.69 million units, Transjamaican Highway ended with 17 percent of the day’s trade for 2.53 million units and QWI Investments accounted for 11 percent with 1.63 million units changing hands leading the price to close at a 52 weeks’ high of $1.05.
Trading averaged 303,809 units at $1,964,503, compared to 198,902 shares at $2,111,859 on Friday. Month to date averages 380,187 units at $2,405,945, in contrast to 396,747 units at $2,501,656 on the prior trading day. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Berger Paints rose 69 cents to $13.89 after exchanging 1,389 shares, Caribbean Cement shed 49 cents to settle at $59.51, in trading 6,907 stock units. Eppley gained 40 cents in closing at $22.50, with 51 stock units changing hands. Eppley Caribbean Property Fund advanced by $7.84 to $48.90, after transferring 11,351 shares, Grace Kennedy ended 90 cents higher at $74.60 after trading 253,665 stock units and trading at a 52 weeks’ intraday high of $77.48, Jamaica Producers slipped 34 cents to finish at $19.61, in exchanging 2,649 stocks, Jamaica Stock Exchange lost 24 cents to close at $19 trading 3,544 stock units. JMMB Group fell by $1.12 to $31.83, with an exchange of 125,485 shares, Kingston Properties gained 25 cents to close at $7.25, after the swapping 31 units. Kingston Wharves declined $1.50 to $45, with an exchange of 4,903 shares, MPC Caribbean Clean Energy advanced by $3 to $140, after exchanging 335 units. NCB Financial declined $2.45 in closing at $135, with 141,010 stock units changing hands, Palace Amusement climbed $191.85 to $1,041.85, with 101 stocks crossing the market, Proven Investments finished at $41, with gains of $2.10 trading 18,860 stock units.
Sagicor Group fell by $2 to $50, with 14,927 shares crossing the market, Salada Foods dropped $5.66 to $44.24, with an exchange of 20,124 units. Scotia Group rose $1 to $44, with the swapping of 7,875 shares, Seprod shed $1.51 to end at $70, after exchanging 6,708 shares, Supreme Ventures slid 65 cents to $16.75, with 44,266 stock units crossing the market and Wisynco Group lost 36 cents to end at $16.19, with an exchange of 671,770 shares.
In the preference segment, Eppley 8.75% preference shares rose 81 cents to close at $7.40, with 20 stocks changing hands and Eppley 8.25% advanced by $1 to $8 trading a mere one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading for the day averaged 198,902 units at $2,111,858, compared to 282,397 shares at $1,403,688 on Thursday. The month to date averaged 396,747 units at $2,501,656, in contrast to 445,935 units at $2,598,567 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Salada Foods advanced by $3.90 in closing at $49.90, with 28,895 units changing hands, Seprod rose 51 cents to $71.51 trading 20,987 stock units, Supreme Ventures gained 50 cents to end at $17.40, with 4,427 units crossing the market and Sygnus Credit Investments picked up 34 cents to settle at $15.09, in an exchange of 77,107 shares.
Trading for the day averaged 282,397 units at $1,403,688, compared to 209,173 shares at $1,532,486 on Wednesday. The month to date averaged 445,935 units at $2,598,567, down from 498,459 units at $2,982,324 on Wednesday. Trading in January closed with an average of 311,275 units at $1,432,133.
Salada Foods closed at a 52 weeks’ high of $46, with a gain of $3.25 in exchanging 23,970 stocks, Scotia Group shed 70 cents in closing at $43, with 23,045 shares crossing the market, Seprod dropped $2.50 to finish at $71, with an exchange of 11,519 stock units. Sygnus Credit Investments shed 77 cents to close at $14.75, in switching ownership of 217,838 shares and Victoria Mutual Investments gained 40 cents to close at $5.85, after transferring 2,355 stock units.
At the close, the All Jamaican Composite Index fell by 1,979.75 points to 425,569.16, the Main Index dropped 1,835.84 points to 388,248.59 and the JSE Financial Index dipped 0.54 points to 98.79.
The month to date averaged 498,459 units at $2,982,324 or each security, in contrast to 649,530 units at $3,739,461 on the prior trading day. Trading in January averaged 311,275 units at $1,432, 133.
Pan Jam Investment fell by $1 to $64, in switching ownership of 821 units, Pulse Investments lost 28 cents at $4.70, with an exchange of 1,857,207 stock units, Sagicor Group declined by $3 to $49, with 61,577 shares crossing the market. Sagicor Real Estate Fund gained 25 cents to close at $8.25, with a transfer of 3,826 stocks. Salada Foods advanced by $5.75 to end at a 52 weeks’ high of $42.75, in switching ownership of 17,465 units. Seprod climbed $2.98 to $73.50, with an exchange of 9,932 units, Stanley Motta gained 29 cents to end at $5.35 trading 1,000 shares and Wisynco Group rose 30 cents to $16.55, with the swapping of 521,881 shares.
At the close, the All Jamaican Composite Index jumped 4,248.43 points to 427,548.91 the Main Index climbed 3,864.20 points to 390,084.43 and the JSE Financial Index rose 0.84 points to settle at 99.33.
Trading for the day averaged 442,912 units at $1,499,332 for each security, down from 856,148 shares at $5,979,591 on Monday. The month to date averaged 649,530 units at $3,739,461. Trading in January averaged 311,275 units at $1,432,133.
Pulse Investments picked up 38 cents to end at $4.98, after an exchange of 3,233,145 shares, Salada Foods fell $1 to $37, with 48,187 shares changing hands, Scotia Group gained 78 cents to close at $43.78 in trading 7,334 stock units. Seprod jumped $6.52 to a record closing high of $70.52 after 3,980 shares crossed the market after trading at a record high of $83.99 earlier in the trading session and Supreme Ventures ended 30 cents lower at $16.70, in transferring 13,037 stocks.
Trading ended with 45 securities changing hands compared to 44 on Friday and closed with rising stocks outnumbered declining ones by 62 percent leaving prices of 12 stocks rising, 28 declining and five remaining unchanged. Ciboney traded at a 52 weeks’ high of 26 cents and Palace Amusement fell to a 52 weeks’ low of $950.
Trading for the day averaged 856,148 units at $5,979,591 for each security, compared to an average of 272,282 shares at $4,886,953 on Friday. Trading in January with an average of 311,275 units at $1,432,133.
Salada Foods rose $1 to close at $38, in exchanging 42,886 stock units, Scotia Group shed 79 cents to finish at $43, with 24,748 shares changing hands. Seprod gained 50 cents to settle at $64 after 6,678 stock units crossed the market, Supreme Ventures lost 49 cents to end at $17 trading 38,797 shares and Sygnus Credit Investments slipped 30 cents to $15.70, after transferring 85,391 shares.
The market closed with 11,980,396 shares, 30 percent more than Thursday and 168 percent more in value at $215,025,944, up from 9,368,496 units at $83,242,802 on Thursday.
At the close, the All Jamaican Composite Index climbed 2,827.24 points to 425,254.53, the JSE Main Index rose 2,558.50 to 387,937.83 and the JSE Financial Index added 0.56 points to close at 99.32.
Pan Jam Investment declined by $3 to $67, with 134,726 stocks crossing the market, Sagicor Group advanced by $3.01 to $52 after trading 598,948 stock units, Sagicor Real Estate Fund fell 95 cents to $8 in exchanging 19,000 shares. Salada Foods climbed $3 to $37, in swapping of 80,784 units, Scotia Group rose 79 cents to close at $43.79, in an exchange of 28,402 stock units, Sygnus Credit Investments shed 30 cents in closing at $16, with 34,889 units crossing the market and Victoria Mutual Investments lost 30 cents to end at $5.55, with the swapping of 62,867 stocks.
At the close, the All Jamaican Composite Index climbed 3,030.64 points to 422,427.29, the Main Index advanced by 2,742.58 points to 385,379.33 and the JSE Financial Index gained 0.83 points to settle at 98.76.
Trading for the day averaged 234,212 units at $2,081,070 for each security, compared to an average of 135,516 shares at $991,633 on Wednesday. The month to date averaged 313,511 units at $1,254,396, in contrast to 317,481 units at $1,213,011 on Wednesday. Trading in December averaged 455,206 units at $7,774,631.
Salada Foods rose $1 to end at $34, with 130,075 shares changing hands, Scotia Group gained 50 cents to end at $43 trading 47,495 stock units and Wisynco Group rose 50 cents to $16.50, with an exchange of 190,585 stocks.
At the close, the All Jamaican Composite Index shed 8.73 points to settle at 419,396.65, the Main Index slipped 12.43 points to 382,636.75 and the JSE Financial Index lost 0.37 points to settle at 97.93.
Transjamaican Highway led trading with 41 percent of total volume for 2.45 million shares followed by Sagicor Select Financial Fund with 22.7 percent for 1.35 million units and Wigton Windfarm with 9 percent market share, with 533,829 units changing hands.
Pan Jam Investment advanced by $2 to $68, with 4,690 stocks changing hands, Scotia Group declined $1.50 to end at $42.50 trading 28,644 shares. Supreme Ventures rose 34 cents to close at $17.25 and finishing with an exchange of 31,430 stock units and Sygnus Credit Investments ended 30 cents higher at $16.40, after crossing the market with 10,730 stocks.
Trading averaged 252,025 units at $1,384,475 for each security, compared to an average of 683,391 shares at $1,732,445 on Monday. The month to date averaged 328,085 units at $1,225,912, in contrast to 333,020 units at $1,215,624 on Monday. Trading in December averaged 455,206 units at $7,774,631.
Sagicor Group rose 85 cents to $47.50, with 156,219 units crossing the market, Sagicor Real Estate Fund gained 70 cents to close at $8.95 trading 500 stocks, Salada Foods fell $3 to $33, with 966 stock units changing hands. Scotia Group fell 50 cents to $44 after the transferring of 20,375 units and Sygnus Credit Investments closed at $16.10, with a loss of $1.80 136,520 stock units changing hands.