Radio Jamaica dominates Main Market

Radio Jamaica dominated trading on the main market of the Jamaica Stock Exchange on Thursday with nearly 95 million shares accounting for 87 percent of total volume on a day when the market declined marginally after the volume of shares exchanged soared 873 percent and the value rose 63 percent higher than on Wednesday. At the close, the All Jamaican Composite Index shed 48.69 points to 430,693.51, the JSE Main Index declined 53.00 points to 392,618.43 and the JSE Financial Index lost 0.09 points to settle at 98.64.
Trading ended with 48 securities, down from 51 on Wednesday and closed with prices of 21 stocks rising, 14 declining and 13 remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 108,504,798 shares trading for $315,828,525 compared to 11,146,482 units at $193,454,160 on Wednesday. Radio Jamaica led trading with 87.4 percent of total volume for 94.78 million shares, followed by Carreras with 4.7 percent for 5.09 million units, Wigton Windfarm 2.2 percent for 2.43 million units, Transjamaican Highway with 1.4 percent for 1.48 million units and Sagicor Group 1.1 percent for 1.20 million units changing hands.
Trading averaged 2,260,517 units at $6,579,761, compared to 218,558 shares at $3,793,219 on Wednesday. Trading month to date averaged 350,058 units at $2,478,082 in contrast to 240,236 units at $2,242,297 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has thirteen stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments rose 90 cents to $84 with an exchange of 117,814 shares, Caribbean Cement shed 51 cents to close at $65.50 trading 194 units, Eppley advanced $1.12 to $32.99 in the swapping of 3,486 stocks, Eppley Caribbean Property Fund finished $1.49 higher at $43.49 in an exchange of 590 units. Grace Kennedy rose 83 cents to $88.25, with 174,402 stock units crossing the market, Jamaica Broilers gained 41 cents to settle at $29.41 in transferring 14,968 shares, JMMB Group picked up 24 cents to close at $32.90 with 376,901 stocks changing hands. Key Insurance lost 32 cents at $4.98 after exchanging 33,711 units, Margaritaville fell $2 to $35, with 200 shares clearing the market, Mayberry Investments gained 31 cents to close at $5.50, with a transfer of 1,200 stock units. NCB Financial shed 49 cents to $137.52 with the swapping of 23,902 shares, 138 Student Living gained 49 cents to close at $5.99, with 16,768 stocks crossing the market, PanJam Investment rose 99 cents to $66 trading 51,313 units. Proven Investments advanced $1.50 to $35.50 in an exchange of 122,469 stock units, Sagicor Group rose $1.75 to $49.75 in exchanging 1,195,665 shares, Scotia Group ended 74 cents lower at $40.51 with the swapping of 14,908 stock units, Seprod rose $1 to $73 with 45,709 units changing hands. Sterling Investments gained 21 cents to settle at $2.91in the transfer of 24,212 stocks and Wisynco Group shed 62 cents to close at $15.38, with 28,391 stocks changing hands.
In the preference segment, JMMB Group 7.25% dropped 16 cents in closing at $1.25 in an exchange of 1,130 shares.

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

JSE Main Market climbs

Stocks trading on Wednesday ended with the market bouncing after Tuesday decline in the market indices, as investors put down 90 percent funds in trading 8 percent more shares than on Tuesday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 1,009.51 points to 430,742.20, the Main Index rose 966.73 points to 392,671.43 and the JSE Financial Index gained 0.38 points to settle at 98.73.
Overall, 51 securities traded, up from 50 on Tuesday and closed with prices of 19 stocks rising, 23 declining and nine remaining unchanged. The PE Ratio averages 19.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 11,146,482 shares trading for $193,454,160 compared to 10,353,699 units at $101,569,397 on Tuesday. Ciboney Group led trading with 17.6 percent of total volume for 1.96 million shares followed by Transjamaican Highway with 14.1 percent for 1.57 million units, PanJam Investment with 9.8 percent for 1.10 million units and JMMB Group with 9.4 percent for an exchange of 1.05 million units.
Trading for the day averaged 218,558 units at $3,793,219, up from 207,074 shares at $2,031,388 on Tuesday. Month to date, trading averaged 240,236 units at $2,242,297, in contrast to 241,646 units at $2,141,408 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments climbed $3 to $83.10 after exchanging 590,667 stock units, Berger Paints shed 46 cents to end at $13.01 in switching ownership of 2,664 stocks, Caribbean Cement advanced $1.51 to $66.01, with 26,035 units clearing the market, Eppley shed 86 cents to $31.87 with an exchange of 1,841 shares. Eppley Caribbean Property Fund rose $1.50 to $42 with 5,794 stocks changing hands, Grace Kennedy fell $1.08 to $87.42 after a transfer of 4,822 units, Jamaica Broilers lost 30 cents to close at $29 trading 174,370 shares. Jamaica Producers fell $1 to $21, with 109,300 stock units crossing the market, Jamaica Stock Exchange gained 23 cents to end at $18.98 after exchanging 34,463 units, JMMB Group lost 22 cents to close at $32.66 in trading 1,050,163 shares. Key Insurance gained 25 cents to end at $5.30 in exchanging 119,217 stocks, Mayberry Investments declined 44 cents to $5.19 with the swapping of 302 units, Mayberry Jamaican Equities picked up 27 cents ending at $8.10 after a transfer of 107,392 stocks. NCB Financial declined $1.99 to $138.01 with 38,583 stock units changing hands, 138 Student Living dropped $1.38 to $5.50 in trading 1,050 units, PanJam Investment rose $1.31 to $65.01 with the swapping of 1,097,749 shares, Sagicor Group declined $2 to $48 in trading 60,966 stock units. Salada Foods fell $1.49 to $43 in exchanging 21,731 units, Seprod advanced $2 to $72 in switching ownership of 28,284 shares and Supreme Ventures lost 22 cents to close at $15.28 with 139,631 stocks changing hands.
In the preference segment, 138 Student Living preference share gained 55 cents to close at $4.32 after exchanging just two stock units and Eppley 8.25% fell 59 cents to end at $6.41 in transferring 6 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks dominate JSE main market

The market lost more grounds at the close of trading for a second consecutive day on Tuesday, ending with more stocks declining than advancing, with the value of traded stocks climbing 114 percent after 29 percent more shares traded than on Monday on the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dropped 2,156.19 points to 429,732.69, the JSE Main Index declined 1,972.46 points to 391,704.70 and the JSE Financial Index lost 0.57 points to 98.35.
A total 50 securities traded up from 48 on Monday and closed with 12 stocks rising, 22 declining and 16 remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 10,353,699 shares for $101,569,397, up from 8,031,792 units at $47,508,810 on Monday. Wigton Windfarm led trading with 19.9 percent of total volume for 2.06 million shares, followed by Transjamaican Highway 18.3 percent, with 1.89 million units, Ciboney with 17.4 percent for 1.80 million units and QWI Investments with 13.6 percent for 1.41 million units changing hands.
Trading for the day averaged 207,074 units at $2,031,388, compared to 167,329 shares at $989,767 on Monday. Trading month to date averaged 241,646 units at $2,141,408, in contrast to 244,001 units at $ 2,148,902 on Monday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement dropped $5.50 to close at $64.50 with 531,292 shares changing hands, Eppley gained $2.60 to $32.73 trading 4,342 stocks, Eppley Caribbean Property Fund fell $1.49 to end at $40.50 after exchanging 9,365 units. First Rock Capital lost 30 cents to settle at $16.70, with 13,941 stock units clearing the market, Grace Kennedy rose $1.52 in closing at $88.50 in transferring 232,611 shares, Jamaica Broilers shed 50 cents to finish at $29.30 with the swapping of 99,686 units. Jamaica Producers gained 20 cents to close at $22 after exchanging 286 stock units, JMMB Group gained 28 cents to end at $32.88 with 62,422 shares changing hands. Mayberry Investments closed 46 cents higher at $5.63 in switching ownership of 2,770 stocks, MPC Caribbean Clean Energy rose $1 to close at $140 after clearing the market with 500 stock units. NCB Financial lost $2 in closing at $140 with the trading of 43,359 units, Palace Amusement climbed $29 to $699 after exchanging 52 shares, PanJam Investment shed 30 cents to settle at $63.70 with 1,670 units changing hands and Seprod fell $1.05 to $70 in an exchange of 32,241 shares.

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

Fall in JSE major indices

Stocks lost ground in trading on Monday ended with the market indices slipping even as almost half the number of stocks traded gained with the volume was similar to that of Friday with a 62 percent fall in the values at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index shed 888.44 points to 431,888.88, the JSE Main Index fell 893.61 points to 393,677.16 and the JSE Financial Index slipped 0.38 points to 98.92.
Trading ended with 48 securities compared to 50 on Friday and closed with prices of 22 stocks rising, 15 declining and 11 remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 8,031,792 shares for $47,508,810 compared to 8,079,230 units at $124,140,641 on Friday. Transjamaican Highway led trading with 30.3 percent of the volume traded for 2.44 million shares, followed by Ciboney Group 25.6 percent, with 2.06 million units and Wigton Windfarm with 19.3 percent market share for 1.55 million units.
Trading averaged 167,329 units at $989,767, compared to 161,585 shares at $2,482,813 on Friday. Trading month to date averaged 244,001 units at $2,148,902, versus 249,365 units at $2,230,008 on Friday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Berger Paints rose 25 cents to $13.50, after 9,336 units crossed the market, Caribbean Cement climbed 60 cents to $70 after exchanging 17,986 stock units. Carreras ended 33 cents higher at $9 in switching ownership of 135,470 shares, Ciboney Group lost 23 cents to finish at 68 cents in trading 2,059,981 stocks, Eppley Caribbean Property Fund climbed $1.49 to $41.99 in the swapping of 3,383 units. First Rock Capital fell $1 to $17 in an exchange of 55,747 stocks, Jamaica Producers lost 20 cents to close at $21.80 trading 14,263 units, Jamaica Stock Exchange rose 77 cents to $18.91 in transferring 45,899 stocks. Key Insurance ended 31 cents lower at $5.15 after clearing the market with 23,717 units, Margaritaville dropped $6.42 to end at $37, with 131 stocks crossing the exchange. NCB Financial declined $2 to $142 after trading 28,442 shares, Palace Amusement climbed $30 to $670, finishing with a transfer of 396 units, Proven Investments shed 50 cents to $34 with the swapping of 34,378 stocks. Sagicor Group advanced $1.50 to $50 in exchanging 217,335 stock units, Salada Foods rose 30 cents to $44.50, with 4,603 units changing hands. Scotia Group shed 75 cents to $41.25 trading 21,626 stock units, Seprod slid 95 cents to $71.05 after exchanging 15,843 shares, Sterling Investments gained 31 cents to close at $2.91 after 2,950 stock units crossed the market and Wisynco Group gained 49 cents to close at $15.99 with a transfer of 29,860 units.
In the preference segment, Eppley 8.25% rose 50 cents to $7 in an exchange of 3,076 stocks and JMMB Group 7.25% gained 24 cents to close at $1.44 after exchanging 7,124 units.

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

Slippage for JSE Main Market

For a second consecutive day, stocks led the market into a decline on Thursday as 38 percent more shares changed hands, with 54 percent higher value than on Wednesday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 1,456.58 points to 432,347.80, the JSE Main Index shed 1,284.83 points to 394,204.94 and the JSE Financial Index lost 0.07 points to settle at 99.02.
Trading ended with 45 securities, down from 47 on Wednesday, with prices of 18 stocks rising, 17 declining and 10 remaining unchanged. The PE Ratio averages 17.1 based on ICInsider.com forecast of 2020-21 earnings.
Trading ended with 10,771,883 shares for $75,221,344 up from 7,798,057 units at $48,760,883 on Wednesday. Wigton Windfarm led trading with 28.6 percent of total volume, after an exchange of 3.08 million shares followed by Sagicor Select Financial Fund with 21.5 percent for 2.32 million units, Transjamaican Highway with 10.5 percent of the day’s trade for 1.13 million units and Sagicor Select Manufacturing & Distribution Fund with 10 percent for 1.08 million units.
Trading for the day averaged 239,375 units at $1,671,585, compared to an average of 165,916 shares at $1,037,466 on Wednesday. The average trade month to date ends at 256,266 units at $2,210,133, in contrast to 257,553 units at $2,251,139 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Carreras fell 29 cents to $8.71 trading 98,683 stocks, Eppley Caribbean Property Fund rose 96 cents to $41 with 50 stock units changing hands. First Rock Capital gained 40 cents to close at $16.50 in switching ownership of 58,298 units, Jamaica Broilers finished 49 cents higher at $30 in trading 39,230 shares, Jamaica Producers declined $1 to $22 after trading 15,304 stock units. Kingston Wharves fell $1.09 to $43.90 with the swapping of 14,722 units. Mayberry Investments shed 28 cents to close at $5.35, with 16,479 shares crossing the exchange, Mayberry Jamaican Equities shed 49 cents to end at $7.50 in transferring 3,306 stocks, NCB Financial gained 60 cents in closing at $142.50, with 246,999 shares changing hands. 138 Student Living gained 24 cents in ending at $5.40, after clearing the market with 15,702 shares, Pan Jam Investment declined by $1 to $66 with the swapping of 794 units, Proven Investments advanced $1.50 to $34.50 in exchanging 72,037 stock units. Pulse Investments shed 28 cents to close at $4.14 after trading 496,531 units, Scotia Group dropped $3.59 to close at $40.11, with 29,893 stocks crossing the market, Seprod shed $1 to end at $72 in exchanging 17,660 stock units and Wisynco Group lost 49 cents to close at $15.03, with 216,294 units clearing the market.

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

Stocks pulled back on JSE Main market

Trading on Wednesday ended with the market indices retreating after 37 percent fewer dollars went after modestly fewer shares than on Tuesday at the close of the Jamaica Stock Exchange Main Market as the market continues to consolidate ahead of any new major information to move prices out of the current trading range.
The All Jamaican Composite Index declined 2,779.81 points to 433,804.38, the Main Index fell 2,520.23 points to 395,489.77 and the JSE Financial Index lost 0.86 points to settle at 99.09.
Overall 47 securities traded, up from 45 on Tuesday and closed with prices of 17 rising, 16 declining and 14 remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 7,798,057 shares for $48,760,883, down from 7,896,941 units at $77,929,873 on Tuesday. Transjamaican Highway led trading with 26.5 percent of total volume, in exchanging 2.06 million shares followed by Key Insurance with 16.7 percent for 1.30 million units, Wigton Windfarm with 14.3 percent for 1.12 million units and Ciboney Group with 14.1 percent of the day’s trade for 1.10 million units, with the price climbing back to 52 cents.
Trading averaged 165,916 units at $1,037,466, compared to 175,488 shares at $1,731,775 on Tuesday. Trading month to date averaged 257,553 units at $2,251,139, in contrast to 265,470 units at $2,355,997 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Grace Kennedy gained 32 cents to close at $88.97 in trading 106,957 shares, well below the price of JS$110, the stock traded at in Trinidad, Jamaica Broilers lost 49 cents to end at $29.51, with 13,135 stock units crossing the exchange. Jamaica Stock Exchange shed 60 cents in closing at $17.90 in switching ownership of 13,100 units, Key Insurance gained 60 cents to $5.58 with an exchange of 1,299,649 shares, NCB Financial declined $3.10 to $141.90 trading 12,235 units. 138 Student Living shed 78 cents to end at $5.16, with 8,477 stocks changing hands, Palace Amusement dropped $69 to close at $630 in switching ownership of 609 stock units, Pan Jam Investment shed 50 cents to $67 with a transfer of 7,825 stocks. Sagicor Group ended 38 cents higher at $48.88 after exchanging 155,797 shares. Sagicor Real Estate Fund rose $1.11 to $8.32, with 476 stocks clearing the market, Salada Foods climbed $2.80 to $44.50 in trading 2,804 units. Scotia Group gained 70 cents to end at $43.70, with 41,169 stocks crossing the market, Seprod closed 99 cents higher at $73 in switching ownership of 4,342 units and Wisynco Group declined 20 cents to $15.52 after exchanging 140,490 units.

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

JSE Majors lose ground for a second day

Trading activity on Monday ended with more stocks declining than rising, with the market indices falling for a second consecutive day, with an exchange of slightly fewer shares than on Friday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index dropped 1,195.51 points to 434,283.12, the Main Index declined 1,077.34 points to 395,960.93 and the JSE Financial Index slipped 0.03 points to 99.23.
Trading ended with 48 securities, up from 46 on Friday and closed with prices of 14 stocks rising, 22 declining and 12 remaining unchanged. The PE Ratio averages 19.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 10,151,888 shares for $94,956,792 compared to 10,947,226 units at $107,461,042 on Friday. Sagicor Select Manufacturing & Distribution Fund led trading with 17.1 percent of total volume, in exchanging 1.74 million shares, followed by Transjamaican Highway with 16.8 percent for 1.71 million units and Wisynco Group with 10.6 percent after 1.07 million units changed hands.
Trading for the day averaged 211,498 units at $1,978,267, compared to an average of 237,983 shares at $2,336,110 on Friday. Month to date trading averaged 273,377 units at $2,408,769, in contrast to 280,192 units at $2,458,483 on Friday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 45 cents to close at $80.05, trading 3,386 shares. Berger Paints slipped 34 cents to end at $13.20 after an exchange of 2,430 stock units, Caribbean Cement finished 47 cents lower at $68.43 trading 7,500 units, Carreras fell 93 cents to $9.07 with 771,565 shares changing hands. Eppley rose 40 cents to $29.90, with switching ownership of 657 stocks, First Rock Capital shed 79 cents to $15.21, with 5,500 shares crossing the market. Grace Kennedy dropped $5.69 to $86.26 with the swapping of 89,880 stock units, Jamaica Broilers lost 20 cents in closing at $30 after 148,307 shares crossed the exchange, Jamaica Producers declined $1.10 to $21.75 trading 11,390 stocks. Jamaica Stock Exchange slipped 49 cents to $18.36 after a transfer of 7,606 units, JMMB Group fell $1.05 to $31.85 in an exchange of 607,113 shares, Kingston Wharves shed 99 cents to close at $44 in trading 7,807 shares, Mayberry Jamaican Equities rose 50 cents to $8.10 with 421 stock units changing hands. PanJam Investment climbed $6 to $68, with 542 stock units crossing the exchange, Sagicor Group declined $1.40 to $48.49, with 269,556 shares changing hands.

Salada Foods lost 25 cents to close at $42.50 in a transfer of 7,326 units, Seprod fell 30 cents to $70.70 with 12,198 stock units crossing the exchange. Supreme Ventures shed 54 cents to end at $15.41 in swapping 8,467 shares and Wisynco Group closed 25 cents lower at $15.60, trading 1,072,382 shares.
In the preference segment, JMMB Group 7% rose 28 cents to $2.12 with an exchange of 32,878 stock units and JMMB Group 7.25% gained 14 cents to close at $1.86 trading 23,850 units.

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

Stocks close down on JSE Main market

Stocks pulled back in trading on Friday ended with more stocks declining than rising, after an exchange of 18 percent fewer shares valued 39 percent changed hands than on Thursday at the close of market activity on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 759.22 points to close at 435,478.63, the Main Index shed 687.08 points to 397,038.27 and the JSE Financial Index lost 0.54 points to end at 99.26.
Trading ended with 46 securities, up from 42 on Thursday and closed with prices of 16 stocks rising, 19 declining and 11 remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com forecast of 2020-21 earnings.
Investors traded 10,947,226 shares for $107,461,042 compared to 13,431,167 units at $176,099,298 on Thursday. Wigton Windfarm led trading with 31.4 percent of total volume, after an exchange of 3.41 million shares followed by Sterling Investments with 7.4 percent of the day’s trade for 805,228 units and Sagicor Select Manufacturing & Distribution Fund with 6.8 percent for 749,118 units changing hands.
Trading for the day averaged 237,983 units at $2,336,110, compared to an average of 319,790 shares at $4,192,840 on Thursday. Month to date trading averaged 280,192 units at $2,458,483, in contrast to 284,986 units at $2,472,382 on Thursday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments declined $1 to $80.50 in transferring 6,227 shares, Berger Paints rose 54 cents to $13.54, with 457 units changing hands, Caribbean Cement shed 58 cents to finish at $68.90 with 11,178 shares clearing the market. Carreras advanced $1 to close at a 52 weeks’ high of $10 in the swapping of 595,775 stocks, Eppley lost 40 cents to end at $29.50 trading 1,136 stocks, Grace Kennedy advanced $1.95 to $91.95 after finishing with an exchange of 120,285 shares. Jamaica Broilers lost 20 cents in closing at $30.20 after the transferring of 55,753 units, Jamaica Producers rose 85 cents to $22.85 in an exchange of 10,621 stock units. 138 Student Living gained 39 cents to close at $5.99 after exchanging 1,156 stocks, Palace Amusement climbed $99 to $699 with 133 units changing hands, PanJam Investment dropped $2.50 to $62 with 316,159 stock units clearing the market, Proven Investments lost 21 cents to close at $33.50, with 63,218 stocks crossing the market. Sagicor Group rose 89 cents to $49.89 with the swapping of 267,625 shares, Salada Foods fell $1.75 to $42.75 after exchanging 459 stocks, Scotia Group shed 49 cents to close at $44 in switching ownership of 441,597 shares. Seprod declined $4.80 to end at $71 trading 32,504 units, Supreme Ventures gained 45 cents to end at $15.95 with 89,009 shares clearing the market and Victoria Mutual Investments shed 24 cents to close at $5.01 with 89,019 stocks crossing the market.

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

Solid rise for JSE majors

Stocks trading on Thursday ended with the market enjoying a solid rise after more stocks declined than gained, with volume traded 36 percent higher and values climbing 133 percent than on Wednesday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index climbed 4,287.22 points to 436,237.85, the Main Index advanced by 3,845.10 points to 397,725.35 and the JSE Financial Index gained 0.85 points to close at 99.80.
Trading ended with 42 active securities, down from 44 on Wednesday and closed with prices of 16 stocks rising, 19 declining and seven remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 13,431,167 shares trading for $176,099,298 compared to 9,893,680 units at $75,718,501 on Wednesday. Transjamaican Highway led trading with 32.8 percent of total volume, after exchanging 4.39 million shares, followed by Wigton Windfarm with 30.8 percent for 4.14 million units and Sagicor Select Financial Fund with 10.5 percent market share for 1.41 million units.
Trading averaged 319,790 units at $4,192,840, compared to 224,856 shares at $1,720,875 on Wednesday. Month to date trading averaged 284,896 units at $2,472,382, versus 280,960 units at $2,273,025 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and nine with lower offers.
At the close, Barita Investments gained 20 cents to close at $81.50 trading 677,409 shares, Carreras rose 75 cents to end at a 52 weeks’ high of $9 while exchanging 320,238 stocks. Ciboney Group declined 21 cents to 26 cents in trading 391,850 units, Eppley Caribbean Property Fund shed $1 to close at $41 with an exchange of 500 shares, First Rock Capital lost 39 cents to close at $15.86, with 20,093 stock units changing hands. Jamaica Broilers rose 90 cents to close at $30.40 with the swapping of 134,912 shares, Jamaica Producers ended 50 cents higher at $22 in transferring 20,716 stock units, Jamaica Stock Exchange gained 69 cents ending at $18.85, with 8,729 units changing hands. Key Insurance finished 22 cents higher at $4.73 in trading 111,997 stock units, Kingston Wharves advanced 98 cents to $44.99 with an exchange of 4,888 units. Mayberry Investments fell 24 cents to $5.50 in switching ownership of 46,931 shares, Mayberry Jamaican Equities shed 40 cents in closing at $7.70, crossing the market with 7,332 stocks, Palace Amusement dropped $245 to close at a 52 weeks’ low of $600 trading 265 stock units. PanJam Investment slipped 50 cents to $64.50 in exchanging 10,017 units, Proven Investments shed 85 cents ending at $33.71 in transferring 6,926 stocks. Sagicor Group fell 99 cents to $49, with 2,825 shares crossing the market, Salada Foods climbed $3.50 to $44.50 with the swapping of 2,533 stock units, Scotia Group advanced $1.49 to $44.49, with 60,614 shares clearing the market. Seprod climbed $4.80 to close at $75.80 trading 20,614 stocks, Sterling Investments lost 32 cents in settle at $2.65 in switching ownership of 13,369 units, Supreme Ventures shed 45 cents to end at $15.50 trading 16,743 stock units and Sygnus Credit Investments advanced 54 cents to $14.99, with 33,181 shares crossing the market.
In the preference segment, JMMB Group 7.25% shed 22 cents to close at $1.45 with 790 units changing hands.

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

Another down day for JSE majors

The market lost value as the volume of stocks trading climbed 18 percent on Wednesday over Tuesday, but the value plunged 54 percent, resulting in slippage in the market indices at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 655.57 points to 431,950.63, the Main Index shed 575.90 points to 393,880.25, while the JSE Financial Index slipped 0.19 points to settle at 98.95.
Trading ended with 44 securities changing hands, down from 46 on Tuesday with 21 stocks rising, 18 declining and five remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com forecast of 2020-21 earnings.
Investors traded 9,893,680 shares for $75,718,501 compared to 8,355,063 units at $166,391,033 on Tuesday. Transjamaican Highway led trading with 29.9 percent of total volume, after an exchange of 2.96 million shares, followed by Wigton Windfarm with 18.3 percent for 1.82 million units and Jamaica Producers 10.1 percent with 1 million units.
Trading for the day averaged 224,856 units at $1,720,875, versus 181,632 shares at $3,617,196 on Tuesday. Month to date trading averaged 280,960 units at $2,273,025, in contrast to 288,698 units at $2,349,520 on the prior trading day. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints fell 25 cents to $13 in an exchange of 58,148 shares, Caribbean Cement rose 50 cents to close at $69.50 with a transfer of 61,199 stock units, Eppley climbed $2 to a 52 weeks’ high of $30, trading 2,919 shares. Eppley Caribbean Property Fund rose 50 cents to $42 with 359 units changing hands, First Rock Capital ended 25 cents higher at $16.25 in the swapping of 4,274 shares, Grace Kennedy shed 90 cents to end at $89.10 with 58,926 units crossing the market. Jamaica Broilers lost 50 cents to settle at $29.50, with 12,278 stocks changing hands, Jamaica Stock Exchange fell 69 cents to close at $18.16 in swapping 34,917 stock units. Key Insurance slipped 24 cents to $4.51 after 86,720 shares crossed the exchange, Kingston Wharves fell 98 cents to $44.01 in trading 1,936 stocks, NCB Financial climbed $2 to $142 in exchanging 58,854 stock units. Palace Amusement jumped $145 to close at $845 with 75 units crossing the market, PanJam Investment shed 60 cents to finish at $65 trading 572 shares, Proven Investments gained $1.31 to $34.56 with the swapping of 27,976 stock units. Sagicor Group shed 61 cents in ending at $49.99 in switching ownership of 9,258 stocks, Sagicor Real Estate Fund gained 30 cents to $8.30 in a transfer of 2,466 shares, Salada Foods declined $2.90 to $41 trading 13,524 units. Scotia Group climbed $3 to $43 with 48,977 stock units crossing the market, Seprod rose $1 to $71, with 4,972 stocks changing hands, Supreme Ventures gained 30 cents in ending at $15.95 with 805,261 units crossing the exchange. Sygnus Credit Investments fell 26 cents to $14.45, trading 15,239 stocks and Wisynco Group shed 24 cents to close at $15.95 with the swapping of 36,249 stock units.
In the preference segment, JMMB Group 7.25 percent gained 23 cents in closing at $1.67 after exchanging 164,644 shares.

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