Barita gobbles up major market share

Fresh from its successful APO earlier this month that was oversubscribed, Barita Investments, accounted for 61 percent of the volume on the Jamaica Stock Exchange Main Market on Friday as investors exchanged 14.9 million shares with the last traded price of $77 per share, up 48 percent from the highest APO offer price of $52.

Barita Investments headquarters

Word on the street is that a Trinidadian based financial Institution who bought into the recent public issue may have bought additional shares in the market over the past three days.
At the close of trading, the All Jamaican Composite Index advanced by 987.26 points to 408,238.98 and is at its highest level since August 3 when it closed at 412,296.65. The Main Index gained 887.88 points to 372,604.36 and the JSE Financial Index rose 0.27 points to settle at 97.34.
Trading ended with 42 securities changing hands compared to 46 on Thursday and closed with the prices of 17 stocks rising, 13 declining and 12 remaining unchanged. The average PE Ratio of the market ended at 15.8 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 24,341,786 shares for $1,198,275,855 compared to 13,141,814 units at $242,747,146 on Thursday. Barita Investments led trading with 61.2 percent of total volume after 14.89 million shares changed hands, followed by Pulse Investments with 11.6 percent or 2.82 million units, Sagicor Select Financial Fund with 10.2 percent for 2.49 million units and Transjamaican Highway closing with 8.4 percent and 2.04 million shares.
Trading ended with an average of 579,566 units changing hands at $28,530,378 for each security, compare to an average of 285,692 shares at  $5,277,112 on Thursday. The average trade for the month to date ended at 266,157  units at $3,152,375 for each security, in contrast to  248,972 units at $1,760,892. Trading month to date compares adversely to August’s  average of 497,441 units at $3,201,918 .
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments dipped $1 to $77 after exchanging 14,885,457 shares, Caribbean Cement gained $3.21 to close at $48.71, with 4,000 stock units changing hands. Eppley closed at $23.50, after losing 50 cents and clearing the market with 3,069 units, First Rock Capital shed 30 cents to end at $13, with 500 units passing through the market, Jamaica Producers Group settled at $21, having gained $1 trading 163,769 shares. JMMB Group closed at $29.50, with gains of 44 cents after exchanging 29,044 shares, Mayberry Investments rose 51 cents to $6, in trading 176,019 shares, NCB Financial Group shed 90 cents to finish at $132.10, with 5,816 stock units  crossing the market. 138 Student Living lost 35 cents and end at $4.50, in trading 24,749 shares, Palace Amusement climbed  $320 to end at $1,620 after exchanging just two units, PanJam Investment climbed $3.50 to $69.50, after 1,158 units changed hands, Portland JSX lost 50 cents to close at $7.50, in trading 89,998 shares. Proven Investments gained 45 cents to end at $38.45,  with investors swapping 1,326 units, Pulse Investments fell to $4.60, after losing 38 cents and transferring 2,821,362 shares, Seprod rose 75 cents to close at $56, with an exchange of 5,490 stock units. Supreme Ventures gained 65 cents to settle at $14.50, with 442,677 shares crossing the exchange and Sygnus Credit Investments climbed $1.15 to settle at $18.50, after exchanging 38,902 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market rises again

The Jamaica Stock Exchange Main Market ended trading on Thursday with the market rising after fewer stocks rose as investors exchanged 56 percent fewer shares, with a 59 percent higher value than on Wednesday.
At the close, the All Jamaican Composite Index climbed 1,205.29 points to 407,251.72, the Main Index advanced by 1,208.99 points to 371,716.48 and the JSE Financial Index gained 0.27 points to settle at 97.07.
Trading ended with 46 securities changing hands compared to 43 on Wednesday and closed with the prices of 14 stocks rising, 21 declining and 11 remaining unchanged. The average PE Ratio of the market ended at 15.7 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 13,141,814 shares for $242,747,146  compared to 30,185,670 units at $152,750,024 on Wednesday. Wigton Windfarm led trading with 26.9 percent of total volume in accounting for 3.53 million shares, followed by Barita Investments with 18.9 percent of the day’s trade for 2.48 million units, Transjamaican Highway with 18.5 percent market share or 2.43 million units and Pulse Investments, with 18 percent closing with 2.35 million units changing hands.
Trading ended with an average of 285,692 units changing hands at $5,277,112 for each security compared to an average of 701,992 shares at  $3,552,326 on Wednesday. The average trade for the month to date ended at 248,972  units at $1,760,892 for each security, in contrast to  246,626 units at $1,536,244. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Barita Investments climbed $9.08 to $78 in exchanging 2,484,848 shares, Caribbean Cement fell $1.49 to settle at $45.50, with 3,179 stock units changing hands. Eppley Caribbean Property Fund climbed $5.45 to $50.45, in exchanging a mere 10 stock units, First Rock Capital gained 30 cents in closing at $13.30, after trading 333 shares. Jamaica Producers Group shed 50 cents to end at $20, with an exchange of 5,061 stock units, Jamaica Stock Exchange closed at $18.50, with a loss of 43 cents after 3,588 units crossed the market, Key Insurance rose 65 cents and ended at $8.25 with 4,880 stock units clearing the market. Mayberry Jamaican Equities carved out a gain of 90 cents to finish at $8.50, in trading 60,235 shares, NCB Financial Group fell $1.30 to $133, with 65,074 shares changing hands, 138 Student Living rose 35 cents to $4.85 trading 40 units, Palace Amusement declined by $224 to close at $1,300, after transferring ten stock units. PanJam Investment dropped $4.98 to $66, in trading 41,025 shares, Portland JSX lost 60 cents to settle at $8 trading a mere two units, Scotia Group rose $1.76 to end at $48.76, with 60,819 shares passing through the market and Seprod shed 74 cents to close at  $55.25, in trading 19,961 shares.
In the preference segment of the market, Community & Workers Credit Union lost 33 cents to close at $1.65 and 25,678 shares passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up for JSE Main Market

Trading climbed on Wednesday in Jamaica Stock Exchange Main Market activity, with 166 percent more shares changing hands valued 173 percent higher than Tuesday but the major market indices slipping even as nearly two times more stocks rose than fell.
At the close, the All Jamaican Composite Index fell by 614.80 points to 406,046.43, the Main Index shed 882.30 points to 370,507.49 and the JSE Financial Index lost 0.11 points to settle at 96.80.
Trading ended with 43 securities changing hands compared to 46 on Tuesday and closed with the prices of 17 stocks rising, nine declining and 17 remaining unchanged. The average PE Ratio of the market ended at 15.5 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 30,185,670 shares for $152,750,024  compared to 11,345,597 units at $56,024,809 on Tuesday.
Wigton Windfarm led trading with 61 percent of total volume as 18.4 million shares changed hands followed by Sagicor Real Estate Fund with 11.6 percent or 3.5 million units of the day’s trade. Pulse Investments with 2.4 million units for 8 percent market share, Sagicor Select Financial Fund with 4.7 percent of the overall volume from trading in 1.4 million units and Barita Investments accounted for 3.7 percent of the day’s volume resulting from the trading of 1.1 million units.
Trading ended with an average of 701,992 units changing hands at $3,552,326 for each security, in comparison to an average of 246,643 shares at  $1,217,931 on Tuesday. The average trade for the month to date ended at  246,626  units at $1,536,244 for each security, in contrast to 217,703 units at $1,408,192. Trading month to date compares adversely to August’s average of 497,442 units at $3,201,935.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments climbed $8.92 to $68.92, in exchanging 1,102,321 shares, Caribbean Cement rose $1.98 in closing at $46.99 after trading 10,370 stock units, Eppley Caribbean Property Fund dropped $12 to end at $45, with 7,011 units changing hands. Jamaica Broilers Group rose $1 in closing at $26 after exchanging 2,400 units, Jamaica Stock Exchange gained 91 cents to close at $18.93, with 516 units traded, Key Insurance shed 79 cents to end at $7.60 in exchanging 21,120 stock units. Kingston Wharves gained 40 cents to finish at $50, with 61,064 shares passing through the market, Mayberry Jamaican Equities fell to $7.60, with a loss of 76 cents after exchanging 400 units, NCB Financial Group gained 30 cents to end at $134.30, with 24,555 stock units crossing the exchange. Palace Amusement advanced by $29 to  $1,524 trading 35 units, PanJam Investment rose 98 cents to $70.98, with 1,408 units changing hands, Proven Investments gained 50 cents to settle at $38, in trading 61,098 shares. Pulse  Investments ended at $5.05, with gains of 40 cents after exchanging 2,405,028 shares, Scotia Group fell $2 to $47, with investors transferring 23,968 stock units and Sygnus Credit Investments gained 30 cents ending at $17.60, after exchanging 56,530 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market highest close in a month

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The Jamaica Stock Exchange Main Market ended trading on Tuesday with the market rising to its highest level since August 24 after more stocks rose than declined after investors exchanged 50 percent more shares at twice the value as on Monday.
At the close, the All Jamaican Composite Index rose 4,683.43 points to settle at 406,661.23, the Main Index gained 4,221.57 points to settle at 371,389.79 and the JSE Financial Index inched 0.62 points higher to settle at 96.91.
Trading ended with 46 securities changing hands compared to 41 on Monday and ended with the prices of 24 stocks rising, the prices of 13  declining and nine remaining unchanged. The average PE Ratio of the market ended at 16 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 11,345,597 shares for just $56,024,809  compared to 7,551,575 units at $27,498,792 on Monday.
Pulse Investments led trading with 47.3 percent of total volume after 5.37 million shares changed hands, followed by Transjamaican Highway with 20.3 percent for 2.3 million units and Wigton Windfarm with 18.8 percent amounting to 2.13 million stock units.
Trading ended with an average of 246,643 units changing hands at $1,217,931 for each security compared to an average of 184,185 shares at  $670,702 on Monday. The average trade for the month to date ended at 215,025 units at $1,403,085 for each security, in contrast to 212,720  units at $1,416,583. Trading month to date compares adversely to August with an average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments climbed 40 cents to end at $60 after exchanging 10,563  shares, Eppley shed $1 to end at $24 after trading 40,714 stock units. Eppley Caribbean Property Fund dropped 48 cents to settle at $57, with 1,033 shares crossing the exchange, First Rock Capital climbed 55 cents to close at $13 and trading 8,598 units, Jamaica Broilers Group dropped  $1 to close at $25 after exchanging 5,784 stock units. Kingston Properties advanced $1.20 in ending at $7.50 with investors swapping 179 stocks, Kingston Wharves advanced 60 cents to settle at $49.60, with 420 shares passed through the market, Mayberry Investments advanced 39 cents to settle at $5.49 after 95 units changed hands. MPC Caribbean Clean Energy gained $5 to end at $155 in trading 64 shares, NCB Financial Group carved out a loss $1 to end at $134 in an exchange of 22,133  shares, 138 Student Living declined by 38 cents in ending at $4.50 and exchanging 101 stocks. Portland JSX  climbed $1.58  to $8.60, with just 69 stock units crossing the market, Proven Investments increased 40 cents to close at $37.50 after 4,999 units passed through the market, Pulse Investments rose 45 cents in ending at $4.65 as 5,368,622 stocks crossed the exchange. Sagicor Group carved out 35 cents rise to close at $44.50, with 23,149 units changing hands, Scotia Group gained $2.99 to end at $49 finished trading 679 shares, Seprod climbed 95 cents in closing at $55.95 and trading 19,699  units. Stanley Motta increased 51 cents to end at $5.13, with 109 stocks changing hands, Supreme Ventures gained 44 cents in closing at $13.99 in exchanging 88,979 shares and Sygnus Credit Investments declined by $1.20 to $17.30  and crossing the exchange with 11,240 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market stocks dive

The Jamaica Stock Exchange Main Market ended trading on Monday with the market declining as more stocks fell than rose after investors exchanged 38 percent fewer shares than on Friday and the value of the shares traded down 87 percent.
At the close, the All Jamaican Composite Index fell by 1,321.77 points to 401,977.80, the Main Index dropped 1,224.08 points to 367,168.22 and the JSE Financial Index lost 0.70 points to settle at 96.29.
Trading ended with 41 securities changing hands compared to 39 on Friday and closed with the prices of 13 stocks rising, 18 declining and 10 remaining unchanged. The average PE Ratio of the market ended at 15.6 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 7,551,575 shares for $27,498,792  compared to 12,180,541 units at $217,796,102 on Friday. Transjamaican Highway led trading with 51.5 percent of total volume, as 3.89 million shares changed hands, followed by Wigton Windfarm with 16 percent and 1.21 million units and Pulse Investments with 15.3 percent or 1.16 million shares.
Trading ended with an average of 184,185 units changing hands at $670,702 for each security, compared to an average of 312,322 shares at  $5,584,515 on Friday. The average trade for the month to date ended at 215,594  units at $1,422,062 for each security, in contrast to 217,776 units at  $1,474,275. Trading month to date compares adversely to, August with an average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows eight stocks with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments rose 60 cents to $59.60, with 3,098 shares passing through the market, Caribbean Cement fell $4.05 to end at $45.10, in exchanging 23,510 stock units, Eppley climbed $1 in closing at a 52 weeks’ high of $25, with investors swapping just one stock unit. First Rock Capital shed 55 cents to close at $12.45 trading 610 shares, Grace Kennedy rose 99 cents to settle at $57.99, with an exchange of 16,327 stocks. Jamaica Producers Group gained 50 cents to close at $20.50, in trading 1,017 units, Jamaica Stock Exchange shed 75 cents, finishing at $18 after exchanging 92,507 shares, JMMB Group closed at $29.06, with a loss of 54 cents after transferring  28,790 shares. Kingston Wharves advanced $3 to $49,  with investors swapping 111 units, MPC Caribbean Clean Energy declined by $5 to end at  $150, after 100 units crossed the exchange, NCB Financial Group climbed $3 to $135, with 8,944 stock units crossing the market. Proven Investments lost $1.40 in trading 7,846 stock units at $37.10, Scotia Group declined by $3.99 to $46.01, after exchanging 97,651 shares, Supreme Ventures fell 45 cents to $13.55 trading 14,448 stock units. Sygnus Credit Investments gained 99 cents in ending at $18.50, with 11,502 stock units clearing the market and Wisynco Group shed 50 cents to close at $16, in exchanging 54,955  shares.
In the preference segment of the Main Market, Eppley 8.75% preference share climbed $1.12 to close at a 52 weeks’ high of $8.59 in an exchange of 115 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Weekly loss for JSE Main Market

The Jamaica Stock Exchange Main Market declined at the end of trading on Friday, with an equal number of stocks rising and falling to close off the week with an overall fall after investors exchanged 424 percent more shares valued at 320 percent more than on Thursday.   
At the close, the All Jamaican Composite Index declined by 861.11 points to 401,049.51, the Main Index shed 775.38 points to settle at 366,050.38 and the JSE Financial Index lost 0.43 points to close at 96.33.
Trading ended with 42 securities changing hands, down from 43  on Thursday, with the prices of 13 stocks rising, 13 declining and 16 remaining unchanged and the average PE Ratio of the market ended at 15.4 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 59,567,739 shares for $313,340,083  compared to 11,372,477 units at $74,529,571 on Thursday.  Carreras led trading with 40.15 million shares for 67.4 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 8.1 million units for 13.6 percent of the day’s trade and Wigton Windfarm with 4.20 million units for 7.1 percent market share. QWI Investments traded 2.55 million units accounting for 4.3 percent of Main Market volume and Sagicor Select Financial Fund ended trading, with 2.39 million shares and 4 percent of the volume.
Trading ended with an average of 1,418,280 units changing hands at $7,460,478 for each security, versus an average of 264,476 shares at  $1,733,246 on Thursday. The average trade for the month to date, is 491,213  units at $3,153,576 for each security, in contrast to 441,102 units at $2,920,771. Trading for the month to date compares well ahead of July that ended with an average of 392,128 shares for  $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Caribbean Cement lost $3.63 to close at $44, with an exchange of 1,954 units,  Eppley declined $1 to settle at $22, with 99 units passing through the market, First Rock Capital gained 99 cents to end at $13.49 trading 7,718  stock units. Jamaica Stock Exchange climbed $1.75 to settle at $19.28,  after exchanging 4,688 stock units,  JMMB Group shed 47 cents and closed at $29.53 with a transfer of 118,347 shares, Mayberry Investments ended 68 cents lower at $5.32, after exchanging 1,250  units. NCB Financial Group rose $1.99 to settle at $138, with 168,962 shares changing hands, PanJam Investment dropped $5.90, in closing at $65.10 as investors swapped  2,754 units, Portland JSX rose 62 cents to finish at $8.50, with investors switching ownership of 7,519 stock units. Proven Investments ended at $36, after losing 50 cents, with an exchange of 566 units, Sagicor Group fell $1 to $44, in trading 19,418 shares, Seprod carved out a gain of $1 to end at $55,  with an exchange of 46,826 stock units. Sygnus Credit Investments lost 60 cents to close at $15, with investors trading 63,968 units and Victoria Mutual Investments closed 30 cents lower to end at $6.60, with 41,506 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market drops

The Jamaica Stock Exchange Main Market ended trading on Thursday, with the market declining after more stocks fell than rose after investors exchanged 50 percent fewer shares than on Wednesday.
At the close, the All Jamaican Composite Index shed 1,900.02 points to settle at 401,910.62, the Main Index declined by 1,720.64 points to close at 366,825.76 and the JSE Financial Index shed 0.39 points to settle at 96.76.
Trading ended with 43 securities changing hands compared to 43 on Wednesday and closed with the prices of 14 stocks rising, the prices of 21 declining and eight remaining unchanged and the average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 11,372,477 shares for  $74,529,571  compare to 22,689,448 units at $201,190,246 on Wednesday.
Wigton Windfarm led trading with 5.58 million shares for 49 percent of total volume followed by QWI Investments with 2.11 million units for 18.5 percent of the day’s trade and Transjamaican Highway with 1.33 million units for 11.7 percent market share.
Trading ended with an average of 264,476 units changing hands at $1,733,246 for each security, in comparison to an average of 527,662  shares at $4,678,843 on Wednesday. The average trade for the month to date  ended at 441,102 units at $2,920,753 for each security, in contrast to 451,449 units at $2,990,321. Trading month to date is well ahead of July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments dropped 90 cents to close at $53.20, with 5,447 stock units crossing the market, Caribbean Cement advanced $3.63 in ending at $47.63 while exchanging 3,967 shares, First Rock Capital shed 40 cents to close at $12.50 with investors switching ownership of 1,997 units. Grace Kennedy carved out a gain of $1.44 in closing at $56.45, with an exchange of 3,254 shares, Jamaica Broilers Group fell 80 cents to $24 with 62,057 stock units changing hands, Jamaica Producers Group advanced $1 to end at $21 in trading 414 units. Jamaica Stock Exchange lost $1.47 to end at $17.53 after trading 46,764 units, JMMB Group carved out a loss  50 cents to close at $30, with 44,422 stocks crossing the market, Kingston Properties shed 40 cents in closing at $7.20 with an exchange of 169 stock units. Kingston Wharves rose 95 cents to close at $50 in exchanging 572,067 stocks, NCB Financial Group dropped $3.97 to end at $136.01 after trading 158,851 shares, Palace  Amusement dropped by $50 in closing at $1700 crossing the market one stocks. PanJam Investment gained $6  to end at $71 in trading 1,520 stocks, Proven Investments advanced 40 cents to $36.50  with investors swapping 20,001 stock units, Sagicor Group shed 50 cents to close at  $45 after exchanging 18,139 units. Scotia Group dropped by $2.50 in ending at $47,  with an exchange of 112,320 shares and Victoria Mutual Investments gained 40 cents and closed $6.90, with investors switching ownership of 117,840 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rebound for JSE Main market

The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market recovering some of Tuesday’s losses, with an equal number of stocks rising and falling after investors exchanged 3 percent more shares than Tuesday and 33 percent less in value.

Eppley closed at a 52 weeks’ high on Wednesday.

At the close, the All Jamaican Composite Index rose 3,138.65 points to settle at 403,810.64, the Main Index carved out a gain of 2,872.53 points to settle at 368,546.40, the JSE Financial Index increased 0.60 points to settle at 97.15.
Trading ended with 43 securities changing hands compared to  40  securities on Tuesday and ended with the prices of 18 stocks rising, the prices of 18 stocks declining and seven remaining unchanged and the average  PE Ratio of the market ended at 15.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 22,689,448 shares for $201,190,246 compared to  15,897,876 units at $260,424,238 on Tuesday.
Transjamaican Highway led trading with 11.06 million shares for 48.8 percent of total volume followed by Sagicor Real Estate Fund with 5.38 million units for 23.7 percent of the day’s trade,  QWI Investments with 1.55 million units for 6.8 percent market share and Wigton Windfarm ended with 1.17 million shares changing hands for 5 percent of total shares changing hands.
Trading ended with an average of 527,662 units changing hands for the day at  $4,678,843 for each security, in comparison to an average of 397,447 shares at $6,510,606 on Tuesday. The average trade for the month to date ended at  451,449  units at $2,990,347 for each security, in contrast to 446,707 units at $2,885,266. Trading month to date compares exceeds, July with an average of 392,128 shares for  $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Cement climbed $2.99 to close at $44, with  205,670 shares passing through the market, Carreras lost 50 cents to end at $6.08 in exchanging 110,391 stock units, Eppley rose 99 cents to settle at a 52 weeks’ high of $22.99 with an exchange of 903 units. Eppley Caribbean Property Fund gained 50 cents to end at $50 after 6,411 units passed through the market, Grace Kennedy carved out a loss $1.48 to settle at $55.01, with 99,348 stocks passing through the market,  Jamaica Broilers Group gained $1.30 to end at  $24.80 in exchanging 6,351 stock units. Jamaica Stock Exchange lost 80 cents to settle at $19 after 23,485 stocks crossed the exchange,  MPC Caribbean Clean Energy shed $5 to close at $150 in an exchange of 66 shares, NCB Financial Group gained  $1.48 in closing at $139.98, trading 728,385 stocks. Proven  Investments dropped by $1.90 in closing at $36.10, with  700 stock units changing hands, Sagicor Group gained $1.45 to close at $45.50, after 266,558 stocks passed through the market, Scotia Group jumped $4.50 to close at $49.50 with an exchange of 36,229 stock units and Seprod advanced by $2.99 in closing at $54 and exchanging 7,026 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market gives up recent gains

The Jamaica Stock Exchange Main Market gave up all then gains over the last two days and more at the end of trading on Tuesday with the market declining after more stocks fell than rose as investors exchanged 30 percent more shares at 68 percent greater value than on Monday.
At the close, the All Jamaican Composite Index plunged 7,196.97 points to 400,671.99, the Main Index dived by 6,519.21 points to settle at 365,673.87 and the JSE Financial Index shed 1.97 points to end at 96.55.
Trading ended with 40 securities changing hands compared to 42  securities on Monday and it ended with the prices of 14 stocks rising, the prices of 18 declining and eight remaining unchanged and the average  PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 15,897,876 shares for $260,424,238  compared to 12,210,225 units at $154,837,388 on Monday.
Carreras led trading of 4.98 million shares for 31.3 percent of total volume followed by Wigton Windfarm, with 2.92 million units for 18.4 percent of the day’s trade and Grace Kennedy with 2.72 million units for 17.1 percent market share. Transjamaican Highway was the only other stock to exceed a million shares and ended with 2.12 million units changing hands.
Trading ended or the day with an average of 397,447 units changing hands at $6,510,606 for each security, in comparison to an average of 290,720 shares at $3,686,604 on Monday. The average trade for the month to date ended at  446,707 units at $2,885,266 for each security, in contrast to 449,733 units at $2,662,511. Trading month to date compares well to July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 9 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Eppley advanced by $1 to close at a 52 weeks’ high of $22, with investors switching the ownership of 116,847 shares, Grace Kennedy increased 49 cents to end at $56.49 trading 2,722,991 units, Jamaica Broilers Group fell $1.50 in closing at $23.50 in exchanging 1,895 stocks. Jamaica Producers Group lost 50 cents to close at $20 with investors swapping 2,147 shares, JMMB Group climbed 44 cents to $30.47 while exchanging 20,425 stock units. Key Insurance shed 70 cents to close at $7.69 and finished trading 75,312 stocks, NCB Financial Group carved out a loss 50 cents in closing at $138.50 while 207,362 stock units changed hands, 138 Student Living carved out a loss 32 cents to close at $5.50 after exchanging 330,439 shares.  Proven Investments rose $2 to end at $38 in trading 37,208 stocks. Scotia Group lost 51 cents to end at $45, with  282,290 stock units passing through the market and Seprod declined $3.49 to settle at $51.01 in exchanging 290,603 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market higher than July close

The Jamaica Stock Exchange Main Market rose on Monday for a second consecutive day and ended at the highest point since the first trading day in August when the All Jamaica Index jumped over 6,400 points from the July close.
At the close, the All Jamaican Composite Index jumped by 4,343.31 points to 407,868.96, the JSE Main Index climbed 4,093.95 points to end at 372,193.08, the JSE Financial Index rose 2 points to settle at 98.52.
Trading ended with 42 securities changing hands compared to 45 securities on Friday, with the prices of eight stocks rising, the prices of 20 declining and 14 remaining unchanged and the average PE Ratio of the market ended at 15.4 based on IC Insider.com’s forecast of 2020-21 earnings.
Investors exchanged 18 percent more shares carry a value that was 185 above that on Friday as the market closed with an exchange of 12,210,225 shares for $154,837,388  compared to 10,324,462 units at $54,359,400 on Friday.
Sagicor Group led trading with 2.41 million shares for 19.7 percent of total volume followed by Pulse Investments with 2.37 million units for 19.4 percent of the day’s trade, Transjamaican Highway with 1.87 million units for 15.3 percent market share, Wigton Windfarm closed with 1.78 million shares commanding 14.5 percent of the day’s trade. Sagicor Select Financial Fund with 1.3 million units or 10.8 percent of overall trade and QWI Investments with 1.2 million stock units for 10 percent of stocks trading.
Trading ended with an average of 290,720 units changing hands for the day at  $3,686,604 for each security, in comparison to an average of 229,432 shares at $1,207,987 on Friday. The average trade for the month to date ended, with  449,733 units at $2,662,511 for each security, in contrast to 460,700 units at  $2,591,884 .Trading month to date exceeds  July , with an average of 392,128  shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 7 stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, Barita Investments declined by $2.60 to settle at $54, with 390 shares crossing the exchange, Caribbean Cement carved out a loss $2.49 to settle at $41.01 in exchanging 5,991 stock units, Eppley jumped $3.18 to settle at 52 weeks’ high of $21 with an exchange of 40,535 units. Jamaica Broilers Group carved out a gain of $2 to close at $25 while trading 2,197 stocks, Jamaica Producers Group fell $2.48 to end at $20.50 with investors swapping 193,306 units, JMMB Group dropped by $1.27, in ending at $30.03 after 24,388 stocks passed through the market. Mayberry Jamaican Equities lost 46 cents in closing at $8.29, with 153 units changing hands, MPC Caribbean Clean Energy gained  $2.99 to end at $155, after an exchange of 1,587 units, PanJam Investment declined $3 to end at $65 and cleared the market with 11,980 stock units. Proven Investments climbed  $1.90 to $36 after trading 23,024 shares, Scotia Group carved out a loss $2.49 to end at $45.51 with investors switching ownership of 245,287 stock units and Wisynco Group fell 40 cents to close at  $16.50 while exchanging 17,470 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.