Market activity ended on Monday with the volume of shares traded jumping 66 percent higher and the value rising 21 percent more than in trading on Friday on the Jamaica Stock Exchange Main Market as stocks rising were fewer than those declining.
The All Jamaican Composite Index shed 533.05 points to settle at 446,260.46, the Main Index declined 448.18 points to 406,502.58 and the JSE Financial Index lost 0.20 points to end at 98.82.
Trading ended with 51 securities similar to Friday, with 15 stocks rising, 18 declining and 18 ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.5 based on ICInsider.com.’s forecast of 2021-22 earnings.
The market closed with 6,587,765 shares trading for $59,809,086 versus 3,971,368 units at $49,614,466 on Friday. Wigton Windfarm led trading with 22 percent of total volume for an exchange of 1.45 million shares followed by Transjamaican Highway with 17.1 percent after trading 1.13 million units and Pulse Investments 9.3 percent with 609,373 units.
Trading averages 129,172 units at $1,172,727, compared to 77,870 shares at $972,833 on Friday and month to date, an average of 319,241 units at $3,702,393, compared to 334,040 units at $3,899,360 on Friday. August closed with an average of 480,039 units at $8,561,549.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and none ended with lower offers.
At the close, Berger Paints shed 61 cents after ending at $13.13 in trading 11,324 shares, Caribbean Cement rallied $1.03 to $102.03 with an exchange of 5,384 stocks, Guardian Holdings popped $2 to $592 after an exchange of 5 stock units. Jamaica Stock Exchange rose 75 cents to $17.75 in trading 57,723 units, JMMB Group shed 24 cents to close at $35.50, with 115,314 shares crossing the market, Kingston Wharves fell 49 cents to $46.51 with the swapping of 712 stocks, NCB Financial gained 49 cents after ending at $129 in an exchange of 14,188 shares.
PanJam Investment spiked 50 cents to close at $62.50 in switching ownership of 9,994 stock units, Seprod advanced $1.99 to end at $66 with 15,237 units clearing the market, Supreme Ventures dropped 20 cents to $17.80 in trading 4,260 units, Victoria Mutual Investments rose 27 cents in closing at $5.65 after trading 95,734 stocks.
In the preference segment, Eppley 7.75% rose 50 cents to $20.50 with 400 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index mustered a 91.03 points rise to 446,793.51, the Main Index picked up 309.70 points to end at 406,950.76 and the JSE Financial Index popped 0.20 points to 99.02.
Trading averages 77,870 units at $972,833, compared to 196,056 shares at $5,676,218 on Thursday and month to date, an average of 334,040 units at $3,899,360, compared to 355,670 units at $4,146,467 on Thursday. August closed with an average of 480,039 units at $8,561,549.
Proven Investments gained 40 cents to close at $32 in an exchange of 3,050 units, Seprod shed $1.99 to close at $64.01, with 2,316 shares changing hands, Stanley Motta spiked 55 cents to $5.60 after 1,355 stock crossed the market, Supreme Ventures rose 49 cents to $18, with 12,588 shares clearing the market and Wisynco Group lost 33 cents in ending at $15.65 and trading 61,336 stocks.
The All Jamaican Composite Index dipped 77.60 points to settle at 446,702.48, the Main Index fell 447.04 points to 406,641.06 and the JSE Financial Index lost 0.09 points to end at 98.82.
Trading averages 196,056 units at $5,676,218, compared to 96,394 shares at $1,072,847 on Wednesday and month to date, an average of 355,670 units at $4,146,467, compared to 371,981 units at $3,990,142 on Wednesday. August closed with an average of 480,039 units at $8,561,549.
PanJam Investment popped $3 to $65 780 after stock units crossed the market, Portland JSX dropped 97 cents in closing at $7.03 after 1,754 shares changed hands, Proven Investments increased 54 cents to close at $31.60 after exchanging 30,082 stocks. Sagicor Group climbed $1 to close at $54 while trading 285,469 units, Scotia Group gained $1.30 to close at $39.90 after exchanging 3,566 stocks, Seprod spiked $2 to $66 in trading 9,079 units. Supreme Ventures lost 49 cents to end at $17.51, with 9,378 shares changing hands, Sygnus Credit Investments rallied 52 cents to end at $15.89 while exchanging 2,845 stock units and Wisynco Group popped 23 cents to $15.98 with the swapping of 363,061 shares.
The All Jamaican Composite Index rose 103.47 points to 446,780.08, the Main Index advanced 325.79 points to 407,088.10 and JSE Financial Index popped 0.03 points to end at 98.91.
Investor’s Choice bid-offer indicator shows sixteen stocks ended with bids higher than their last selling prices and two with lower offers.
Sagicor Group slipped $1 to $53 in exchanging 17,365 shares, Scotia Group shed 96 cents to end at $38.60 after a transfer of 68,535 stocks, Seprod declined $2 to $64 with an exchange of 5,832 units. Supreme Ventures fell 50 cents to $18 in switching ownership of 241 shares, Sygnus Credit Investments dipped 33 cents to $15.37 in trading 9,182 stock units.
A total of 50 securities traded, up from 47 on Monday, with 19 stocks rising, 21 declining and 10 ending unchanged. The All Jamaican Composite Index lost 2,373.95 points to 446,676.61, the Main Index fell 1,989.08 points to settle at 406,762.31 and the JSE Financial Index fell 0.32 points to 98.88.
Sagicor Group lost $1 to end at $54 after exchanging 1,081,424 stock units, Scotia Group rallied $1.01 to $39.56 in an exchange of 22,570 shares, Seprod popped $1 to close at $66 with 2,078 stocks changing hands. Stanley Motta declined 60 cents to $5 after trading 48,000 units and Supreme Ventures shed 50 cents to close at $18.50, with 65,781 stock units crossing the market.
The All Jamaican Composite Index rose 42.14 points to 449,050.56, the Main Index gained 289.77 points to close at 408,751.39 and the JSE Financial Index lost 0.16 points to settle at 99.20.
Trading averages 381,055 units at $17,824,048 compared to 306,157 shares at $2,969,880 on Friday and month to date, an average of 419,775 units at $4,357,469 compared to 424,359 units at $2,763,188 on Friday. August ended with an average of 480,039 units at $8,561,549.
Scotia Group fell 95 cents to $38.55 after trading 42,199 stock units. Supreme Ventures spiked 90 cents to $19, with 42,264 shares crossing the market and Sygnus Credit Investments advanced 63 cents to $15.79 after 88,609 stock units crossed the exchange.
The market closed with 13,470,929 shares trading for $130,674,709 versus 12,534,457 units at $121,087,956 on Thursday. Pulse Investments led trading with 36.6 percent of total volume after trading 4.93 million shares, followed by Transjamaican Highway 22.5 percent, with 3.03 million units and Wigton Windfarm 13.1 percent, with 1.76 million units changing hands.
Trading ended with 44 securities compared to 51 on Thursday, with 21 stocks rising, 13 declining and 10 ending unchanged.
Pulse Investments rose 58 cents in closing at $4.10 with 4,934,043 shares crossing the market. Scotia Group rallied 50 cents to $39.50 in exchanging 38,983 stocks, Seprod spiked 50 cents to $65 with the swapping of 176,170 units, Supreme Ventures popped 55 cents to $18.10 with 34,730 stock units crossing the market and Sygnus Credit Investments fell 53 cents to $15.16 in trading 43,083 shares.
The All Jamaican Composite Index dropped 2,742.24 points to close at 448,496.34, the Main Index declined 2,069.01 points to 408,308.74 and the JSE Financial Index shed 0.53 points to end 99.08.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and four with lower offers.
PanJam Investment increased $2 to end at $64 in an exchange of 2,877 shares, Pulse Investments dropped 36 cents to $3.52 after exchanging 4,085,000 stock units, Sagicor Group fell $1 to $55 while exchanging 24,140 stocks. Scotia Group popped 49 cents in closing at $39 with an exchange of 832,069 shares after the price hit a 52 weeks’ intraday low of $38 and Supreme Ventures shed 55 cents to close at $17.55, trading 9,281 units.
August closed with an average of 480,039 units at $8,561,549.
Sagicor Group advanced $1 to $56 in transferring 6,908 stock units, Scotia Group declined $1.47 to $38.51 with the swapping of 42,386 units, Seprod fell 67 cents to $64.33 with 1,336 shares crossing the market and Sygnus Credit Investments shed 55 cents to $15.50 in exchanging 53,421 stocks.
The All Jamaican Composite Index dropped 197.40 points to 453,152.75, the Main Index shed 135.29 points to end at 411,889.76 and the JSE Financial Index popped 0.10 points to settle at 100.30.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
Seprod climbed 25 cents to end at $65, with 6,168 units clearing the market, Supreme Ventures rose 30 cents to $18.10 with the swapping of 155,281 stock units and Sygnus Credit Investments rallied 39 cents to $16.05 after trading 142,871 units.