Trading plunged on Tuesday with only 4,736,880 shares changed hands for a mere $27,585,696 compared to 5,764,296 units at $93,292,518 on Monday on the Jamaica Stock Exchange Main Market indices declining for a second consecutive day.
At the close, the All Jamaican Composite Index dropped 2,519.85 points to end at 407,166.67, the Main Index declined 2,370.11 points to 371,612.76 and the JSE Financial Index shed 0.66 points to settle at 96.99.
Trading ended with 46 securities changing hands compared to 43 on Monday and closed with the prices of 18 stocks rising, 20 declining and eight ending unchanged. The PE Ratio averages 15.4 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of Wigton Windfarm led trading with 41.1 percent of total volume with 1.95 million shares, followed by Pulse Investments 14.3 percent, with 676,240 units and Transjamaican Highway 11.2 percent with 529,021 shares.
Trading ended with an average of 102,976 units changing hands at $599,689 for each security, compared to an average of 134,053 shares at $2,169,593 on Monday. The average trade for November to date amounts to 117,991 units at $1,358,182 for each security, well down on October’s average of 398,200 units at $4,622,532.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 13 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments fell $2.44 to $82.55 trading 64,825 shares, Eppley Caribbean Property Fund declined $3.48 to $41.51, with the transfer of 3,770 units. Grace Kennedy rose 35 cents to end at $57.75, in an exchange of 67,774 shares, Jamaica Broilers shed 60 cents in closing at $26.60, with 5,929 units passing through the market, Jamaica Producers gained 41 cents to close at $20.01 after exchanging 267 units. Jamaica Stock Exchange lost 70 cents to end at $17.55, after crossing the market with 9,540 units, JMMB Group closed 58 cents higher to settle at $30.70 trading 15,256 stock units, Kingston Properties ended at $7.48, with gains of 69 cents in trading 1,585 units. Mayberry Investments rose 59 cents in closing at $6.09, after trading 2,798 units, Mayberry Jamaican Equities gained 30 cents to close at $7.50 trading 16,850 stock units,
NCB Financial fell $1 to $135, with 23,733 stock units changing hands. 138 Student Living lost 39 cents in closing at $4.50, in exchanging 20,500 stock units, Palace Amusement dropped $185 to $1,300, trading just one unit, Pan Jam Investment fell to 41.40 to $63.60, trading 3,859 units, Proven Investments shed 79 cents to close at $38.60, after exchanging 11,699 stock units. Pulse Investments lost 32 cents to settle at $4.25, with an exchange of 676,240 shares, Scotia Group shed 50 cents to end at $44, in exchanging 34,592 stock units, Seprod gained $2.45 to end at $63.45 while crossing the market with 7,330 units. Sterling Investments closed at $4 after gaining 41 cents ttrading 200,000 shares and Wisynco Group finished 45 cents higher at $15.90, in trading 45,951 shares.
In the preference segment, Eppley 8.75% preference share gained $1.15 to settle at $8.85 in an exchange of 56 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index declined by 1,666.69 points to 409,686.52, the Main Index fell 1,403.52 points to 373,982.87 and the JSE Financial Index lost 0.21 points to settle at 97.65.
Trading ended with an average of 134,053 units changing hands at $2,169,593 for each security compared to an average of 203,478 shares at $1,700,784 on Friday. Trading month to date compares adversely to October’s average of 398,200 units at $4,622,532.
Key Insurance gained 40 cents to end at $8.40, with 38,134 stock units changing hands, Kingston Properties shed 69 cents to end at $6.79, in transferring 677 units, Margaritaville advanced $6.39 to settle at a 52 weeks’ high of $48.99, with investors switching ownership of 83 units. MPC Caribbean Clean Energy ended $1 lower at $149, in crossing the market with 200 units, Pan Jam Investment dropped $3.15 to $65 trading 3,585 units, Proven Investments shed 51 cents to end at $39.39 after exchanging 53,488 shares. Sagicor Group lost 98 cents to settle at $45.50, in trading 26,399 stock units, Scotia Group fell $1 to close at $44.50, after 12,639 units crossed the exchange, Seprod shed $1.50 to settle at $61, trading 16,883 stock units and Stanley Motta lost 48 cents to end at $4.65, in exchanging 2,012 units.
The Jamaica Stock Exchange Main Market ended trading on Friday with the market rising and is wont to be the case at the end of month trading as investors stocks rising beat those declining almost two to one after an exchange of 50 percent fewer shares than on Thursday.
The market closed with an exchange of 8,139,134 shares for $68,031,377 compared to 16,233,483 units at $54,575,343 on Thursday.
Caribbean Cement shed 50 cents, in ending at $57 after exchanging 54,477 shares, Jamaica Broilers declined $1.90 in closing at $26, with 107,524 shares changing hands, Jamaica Producers gained 40 cents to settle at $21 trading 3,486 units. Jamaica Stock Exchange gained 74 cents and closed at $18.25 after the transfer of 344,824 shares, JMMB Group gained 48 cents to settle at $30, with 44,131 stock units passing through the market, Mayberry Jamaican Equities fell 89 cents to $7.35, in exchanging 22,150 stock units. MPC Caribbean Clean Energy declined by $7 to $150 after the swapping of 425 units. Pan Jam Investment advanced to $68.15, with gains of $4.65 trading 12,700 units, Proven Investments climbed $1.30 to $39.90 after exchanging just one unit. Sagicor Group ended $2.38 higher at $46.48, with 116,935 shares passing through the market, Scotia Group shed 50 cents, in ending at $45.50 with an exchange of 67,773 shares and Wisynco Group lost 46 cents in closing at $15.50, with 59,151 stock units crossing the market.
At the close, the All Jamaican Composite Index dropped 3,759.27 points to 408,204.70, the Main Index declined by 3,387.45 points to 372,540.50 and the JSE Financial Index shed 1.45 points to settle at 96.90.
Trading ended with an average of 377,523 units changing hands at $1,269,194 compared to an average of 353,293 shares at $1,932,013 on Wednesday. The average trade for October to date ended at 407,163 units at $4,757,020, in contrast to 408,707 units at $4,938,583 on Wednesday and exceeds by a good margin September’s average of 265,170 units at $3,271,625.
JMMB Group gained 47 cents in closing at $29.52, with 45,973 shares changing hands, Kingston Properties advanced by $1.10 to $7.45, in transferring 520 units, Kingston Wharves climbed $3.27 to $47.90, with 3,487 units passing through the market. Mayberry Jamaican Equities carved out a gain of $1.64 after crossing the market with 1,525 units to settle at $8.24, MPC Caribbean Clean Energy gained $9 and closed at $157, with 1,090 units clearing the market, Palace Amusement declined by $4 in closing at $1,485 while trading 12 units. Pan Jam Investment dipped $1.50 to $63.50, with investors switching ownership of 9,284 stock units, Sagicor Group declined by $2.40 to $44.10, in an exchange of 22,788 stock units, Scotia Group gained 70 cents to settle at $46, with 2,115 units changing hands. Seprod climbed $4.50 to $62.50, with an exchange of 144,155 shares and Wisynco Group ended at $15.96, with gains of 35 cents after crossing the market with 136,098 shares.
At the close, the All Jamaican Composite Index advanced by 1,747.97 points to 413,434.57, the Main Index climbed 1,741.93 points to 377,261.31 and the JSE Financial Index gained 0.55 points to settle at 99.00.
The average trade for October to date ended at 411,824 units at $5,107,751 for each security, in contrast to 426,464 units at $4,940,417. Trading month to date exceeds by a wide margin, September’s average of 265,170 units at $3,271,625.
Jamaica Stock Exchange shed 49 cents to settle at $17.50, crossing the market with 37,033 stock units, JMMB Group closed at $29.50, with a loss of 50 cents as investors swapped 33,784 stock units. Key Insurance lost 30 cents to close at $8 trading 32,081 stock units. Kingston Properties lost $1.12 to $6.35, exchanging 4,495 units, Kingston Wharves climbed $2.60 to $47.50, after transferring 20 units. MPC Caribbean Clean Energy jumped $23 to $168, in exchanging two units, Palace Amusement dived $339 to end at $1,150, with 15 units changing hands, Pan Jam Investment fell $1 to $65, with investors swapping 47,299 shares. Portland JSX shed 95 cents to settle at $8.05, in trading 9,500 units. Seprod fell $2.89 to $57.11, trading 115,202 shares and Supreme Ventures gained 33 cents to close at $14.99, exchanging 171,217 shares.
Trading month to date exceeds by a good margin, September’s average of 265,170 units at $3,271,625.
Jamaica Broilers ended $2.50 lower at $25.50, in exchanging 31,557 stock units, Jamaica Producers fell $1 to $19.60, with 306,847 shares crossing the market. Key Insurance gained 80 cents to close at $8.30, in trading 16,450 stock units, Kingston Wharves ended at $44.90, with gains of 30 cents after 3,273 units crossed the exchange, Mayberry Jamaican Equities shed $1.03 to end at $6.57 trading 26,885 stock units. Palace Amusement climbed $9 to $1,489, after clearing the market with just two units, Pan Jam Investment fell $2 to $66, exchanging 12,374 units, Proven Investments picked up 50 cents to close at $38.50, in exchanging 30,419 shares. Sagicor Group dropped $2.40 to end at $44, with 29,914 shares passing through the market, Salada Foods jumped $9 to $29, in an exchange of 120 units, Scotia Group declined by $2.44 to $46, with investors switching ownership of 24,161 stock units and Seprod gained $1.50 to end at $60, after an exchange of 251,138 shares.
At the close, the All Jamaican Composite Index advanced by 738.24 points to 412,694.72. The Main Index rose 489.74 points to 376,431.65 and the JSE Financial Index gained 0.54 points to settle at 99.48.
Trading ended with an average of 1,128,723 units changing hands at $1,601,545 for each security, in comparison to an average of 742,870 shares at $1,384,547 on Thursday. The average trade for the month to date ended at 427,526 units at $5,067,972 for each security,in contrast to 376,667 units at $5,319,395. Trading for the month to date is well above September’s average of 265,170 units at $3,271,625.
Kingston Wharves declined by $3.39 to close at $44.60, with 664 units crossing the exchange, Mayberry Investments shed 58 cents in exchanging 15,208 stock units and closed at $5.42. Mayberry Jamaican Equities ended at $7.60, with gains of $1.10 trading 35,292 shares, MPC Caribbean Clean Energy fell $24 to $145, in an exchange of 96 units, NCB Financial gained 47 cents to settle at $136.50, after the transfer of 19,767 shares. Palace Amusement climbed $10 to $1,480 in trading just one unit, Portland JSX gained 80 cents to close at $9, with 602 stock units crossing the market, Proven Investments lost 62 cents in the exchange of 3,811 units to finish at $38. Sagicor Group closed $2.35 higher at $46.40, with 10,789 stock units changing hands, Salada Foods dropped $6 to $20, trading 5 units, Scotia Group climbed $2.43 to close at $48.44, with an exchange of 1,242 units. Seprod dipped $1.48 to $58.50 in trading 89,547 shares and Sterling Investments gained 47 cents to end at $3.80 in trading 1,000 units.
The average trade for the month to date ended at 376,667 units at $5,319,395 for each security, in contrast to 347,371 units at $5,634,183. Trading month to date is well ahead of September’s average of 265,170 units at $3,271,625.
NCB Financial traded at $136.03, with a loss of 47 cents after 6,827 units passed through the market. Palace Amusement added $20 to close at $1,470 in an exchange of 37 units, Proven Investments settled at $38.62, after losing $1.38 with 14,591 stock units changed hands, Salada Foods gained 90 cents to close at $26, with an exchange of 14,663 stocks. Scotia Group lost 31 cents and ending at $46.01, with 41,370 shares changing hands, Seprod dropped $7 to $59.98, trading 187,632 shares, Sygnus Credit Investments lost 50 cents to close at $18, trading 135,856 units and Wisynco Group gained 60 cents after exchanging 40,127 shares to settle at $16.60.
At the close, the All Jamaican Composite Index gained 35.98 points to 414,887.27, the Main Index rose 193.22 points to 378,479.15, while the JSE Financial Index shed 0.39 points to settle at 99.58.
Trading ended with an average of 529,366 units at $6,859,271 for each security compared to an average of 99,936 shares at $838,249 on Tuesday. The average trade for October to date ended at 347,371 units at $5,634,183 for each security, in contrast to 332,968 units at $5,537,233. Trading month to date is well up on September’s average of 265,170 units at $3,271,625.
Kingston Properties fell $1.25 to $6.25 after finishing with 3,970 stock units changing hands, Mayberry Jamaican Equities shed 40 cents to close at $7.40, in trading 12,734 stock, MPC Caribbean Clean Energy rose $29 to $169 after trading 100 units. NCB Financial Group declined $1.50 in closing at $136.50, with an exchange of 139,361 shares, Palace Amusement lost $39 and closed at $1,450, trading 15 units, Proven Investments dropped $1.25 to end at $40, in an exchange of 9,400 stock units. Sagicor Group fell $1.79 to $44.11 trading 22,550 shares, Scotia Group dropped $2.18 to $46.32, in trading 3,235 units, Seprod climbed $8.48 to a 52 weeks’ closing high of $66.98 after hitting a new high of $70, with investors swapping 149,833 shares after the company reported a big increase in nine months profit and Supreme Ventures lost 38 cents to end at $14.52, in trading 16,842 stock units.
The Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
Palace Amusement dropped $50 in closing at $1,150, with a transfer of 53 units, Pan Jam Investment fell $1.95 to $68.05 after trading 6,373 stock units. Proven Investments gained $1.60 to end at $40.20 with an exchange of 1,944 stock units, Pulse Investments lost 49 cents in closing at $4.30, after the transfer of 497,426 shares, Sagicor Group rose $1.52 to end at $45.72, with 23,582 stock units changing hands. Scotia Group climbed $2.06 to $48.44, trading 127,877 shares, Seprod settled at $59, with gains of $2.02 with the transfer of 44,146 shares, Stanley Motta gained 35 cents to close at $5, in exchanging 22,854 stock units. Sygnus Credit Investments finished 90 cents higher at $18.90, with 20,338 stock units crossing the market, Victoria Mutual Investments gained 46 cents to settle at $6 after exchanging 169,424 shares and Wisynco Group lost 39 cents to close at $16.11, trading 71,146 stock units.