Bounce for Junior Market – Wednesday

November 6, 2019 by

The Jamaica Stock Exchange Junior Market bounced 33.01 points to 3,378.55 on Wednesday with 12 securities gaining, 8 falling and 10 remaining unchanged as the market claws back portion of the near 69 points drop on Tuesday.
At the close, 30 securities changed hands, resulting in an exchange of 1,445,986 units for $5,737,818 changing hands, compared to 1,065,015 units valued at $6,766,034 from 27 securities trading on Tuesday.
Trading ended with an average of 48,200 units for an average of $191,261 in contrast to 39,445 units for an average of $250,594 on Tuesday. The average volume and value for the month to date amounts to 79,883 shares at $401,085 and previously 91,914 shares at $480,765, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security changing hands.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial gained $1.45 to end at $34 with 1,596 stock units trading, AMG Packaging declined 15 cents in trading 2,620 units at $1.90, Blue Power climbed 78 cents and exchanged 3,100 shares at $7.88, Cargo Handlers traded 393 shares after rising 50 cents to end at $10.50. Caribbean Producers lost 5 cents, with 39,963 units crossing the exchange to close at $4.75. Derrimon Trading exchanged 192,883 units and gained 10 cents to end at $2.55, Elite Diagnostic climbed 20 cents as it 9,545 shares changed hands at $5.70, Everything Fresh ended market activity exchanging 6,533 shares to close at $1.15 after falling 5 cents, Fosrich climbed 8 cents and traded 14,100 shares at $4.78. Iron Rock Insurance gained 40 cents to close at $4, in 13,840 stock units, Jetcon Corporation shed 3 cents with 9,630 units changing hands at $1.77, Knutsford Express ended with a loss of 1 cent at $10.40 with 102 stock units changing hands. Key Insurance traded 1,218 shares after rising 40 cents to end at $3.50, Lasco Distributors closed with a loss of 29 cents at $3.30, swapping of 570,450 shares, Lasco Financial declined by 10 cents to settle at $5.20, with 112,030 units trading, Lasco Manufacturing ended trading 90,191 shares, after rising 15 cents to end at $5.40. Limners and Bards closed 26 cents higher at $2.98, with 42,500 stock units trading, Medical Disposables fell 50 cents trading 1,340 units at $7. Stationery and Office Supplies closed with 5,430 units crossing the exchange and gained 9 cents to end at $12.20, and tTech exchanged 20,271 units and gained 30 cents to end at $6.30.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Second day of gains for TTSE – Wednesday

November 6, 2019 by

Trinidad & Tobago Stock Exchange closed up for the second day on Wednesday with 15 securities trading against 12 on Tuesday as trading ended with 8 stocks rising, none declining and 7 remaining unchanged.
At the close of the market, the Composite Index gained climbed 8.67 points to 1,409.40. The All T&T Index gained 2.52 points to 1,756.05, while the Cross Listed Index rose 2.05 points to close at 144.06.
Trading ended with 251,750 shares for $6,540,070, compared to 669,242 shares for $10,153,920 shares on Tuesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 5 stocks with bids lower than their last selling prices and 3 with lower offers.
Gains| Clico Investments Fund gained 4 cents and ended at $24.10, with 120 units changing hands, First Caribbean International Bank closed with an increase of 44 cents and settled at $8.99, trading 150 stock units, First Citizens Bank rose by 10 cents to end at a 52 weeks’ high of $41, with investors exchanging 107,266 shares. Guardian Holdings added 14 cents and settled at $18.50, after trading 18,347 shares and Massy Holdings jumped $1.05 to settle at $56.05, with investors exchanging 730 shares. Prestige Holdings added 1 cent and concluded at $8.06, with 550 stock units changing hands, Republic Financial increased 7 cents and ended at $123, in swapping 249 shares and Scotiabank rose 27 cents and ended at $59.46, in trading 250 shares.
Losses| There was no losing stock at the close of trading.
Firm Trades| National Enterprises completed trading at $5.70, with 3,973 stock units changing hands, National Flour settled at $1.49, with 3,850 stock units trading, NCB Financial ended at $10.71, after exchanging 19,641 shares. Sagicor Financial settled at $10.61, after trading 61,260 shares, Trinidad Cement ended at $1.95, with 3,000 stock units changing hands, Trinidad & Tobago NGL exchanged 31,604 shares to close at $25.71 and Unilever Caribbean settled at $23.50, with 760 units crossing the exchange.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,

Falling prices dominate JSE trading

November 5, 2019 by

Falling prices dominated trading on the main market of the Jamaica Stock Exchange slid on Tuesday, as trading volume fell significantly while the value of stocks traded, rose marginally, compared to Monday’s activity.
Trading closed with 33 securities changing hands in the main and US dollar markets with the prices of 9 advancing, 20 declining and 4 trading firm. Main market activity ended with 32 securities accounting for 8,271,382 units changing hands valued at $138,889,143, in contrast to 19,703,423 units valued at $146,119,200 on Monday from 38 securities.
At the close of trading, the JSE All Jamaican Composite Index declined 2,084.95 points to close at 543,573.30, the JSE Index dipped 1,975.07 points to 494,964.14 and the JSE Financial Index slipped 0.81 points to close at 134.10.
Wigton Windfarm dominated trading with 2.3 million shares for 28 percent of total volume, followed by Sagicor Select Funds with 2.2 million units accounting for 26 percent of the day’s trade and PanJam Investment with 806,619 shares for 10 percent of the market’s trade.
Trading levels declined sharply to about a third of levels in October with an average of 258,481 units valued at an average of $4,340,286 for each security trading on Tuesday, in contrast to 518,511 units valued at an average of $3,845,242 on Monday. The average volume and value for the month to date amounts to 361,874 units at $3,688,699 and previously, an average of 405,407 units valued at $3,414,347 for each security changing hands. The market closed out October with an average of 957,488 units valued at $13,947,047 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending with bids higher than their last selling prices and 5 with lower offers. The PE ratio of the market ended at 17.1 with the main market ending at 17.9 times 2019 current year’s earnings.
In main market activity, Barita Investments climbed $1.28 to close at $71.48 after exchanging 61,100 shares, Caribbean Cement traded 30,053 stock units and slid $2.50 to settle at $75, Eppley Caribbean Property Fund closed at $34.50, after losing 50 cents in swapping 2,780 units. Grace Kennedy gained $1.49 to end at $67.49, with 2,517 shares crossing the exchange, JMMB Group closed $1 lower to $41, with 15,140 stock units changing hands, Kingston Wharves rose to $57 with a gain of $3 while exchanging 16,926 shares. Mayberry Investments closed $1.62 higher at $8.84 trading 1,200 stock units, NCB Financial ended at $204 after losing $1 in swapping 59,120 shares, Pulse Investments closed at $4.65, after climbing 75 cents with 37,707 units traded. Sagicor Real Estate Fund lost 50 cents, to settle at $11 swapping 17,900 shares, Salada Foods lost $2 exchanging 4,418 stock units to end at $30, Scotia Group dropped $2.88 trading 31,860 shares, to end at $56.11, Seprod added 40 cents to settle at $55 with 6,589 units traded. Supreme Ventures lost 99 cents to close at $25 with 18,415 shares changing hands, VM Investments fell 37 cents to $7.51 while exchanging 128,063 stock units and Wisynco Group slipped $1, in swapping 267,872 shares to close at $23.
Trading in the US dollar market ended with 7,000 units valued at US$980 with the market index remaining at 194.07 as Sygnus Credit Investments, the sole trade exchanged 7,000 units at 14 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market plunges – Tuesday

November 5, 2019 by
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The Jamaica Stock Exchange Junior Market plunged 68.65 points to close at 3,345.54 when trading ended on Tuesday with 9 securities gaining, 12 falling and 6 remaining unchanged.
At the close, 27 securities changed hands, resulting in an exchange of 1,065,015 units valued at $6,766,034 changing hands, compared to 5965,495 units valued at $4,089,873 from 26 securities trading on Monday.
Trading ended with an average of 39,445 units for an average of $250,594 in contrast to 37,134 units for an average of $157,303 on Monday. The average volume and value for the month to date amounts to 91,914 shares at $480,765 and previously 119,158 units valued at $600,278, for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security crossing the exchange.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 6 stocks ended with bids higher than their last selling prices and 3 with lower offers.
At the close of the market, Access Financial dropped $1.95 in exchanging of 34,536 shares to close at $32.55, AMG Packaging closed trading of 5,850 units and gained 15 cents to end at $2.05, Blue Power closed with 2,740 stock units changing hands and gained 20 cents to end at $7.10. Caribbean Producers ended with 10,376 shares crossing the exchange, after rising 5 cents to end at $4.80, Express Catering climbed 9 cents and exchanged 25,839 stock units at $6.10. Elite Diagnostic lost 30 cents in trading 17,851 shares to close at $5.50, Fosrich fell 8 cents in the trading of 21,248 units at $4.70, Fontana shed 50 cents in trading of 280,056 stock units at $7.50, General Accident dipped $1.15 in trading of 50,000 shares at $7. GWest Corporation closed 4 cents higher at $1.15, with 3,300 stock units trading, Honey Bun fell 20 cents in trading of 500 units at $6.30, iCreate closed with a loss of 2 cents at 69 cents in the swapping of 7,851 shares, Jamaican Teas traded 27,723 units and gained 25 cents to end at $6.25. Jetcon Corporation ended market activity exchanging 21,000 shares to close at $1.80 after falling 19 cents, Knutsford Express climbed 1 cent and exchanged 15,028 shares at $10.41. Lasco Distributors ended trading with 205,849 stock units, after rising 29 cents to end at $3.59, Lasco Financial closed 20 cents higher at $5.30, with 20,850 stock units trading. Lasco Manufacturing fell 25 cents in trading 28,700 units in closing at $5.25, Medical Disposables lost 50 cents with 500 shares changing hands to close at $7.50, Stationery and Office Supplies exchanged 61,988 shares to close at $12.11 after falling 6 cents and SSL Venture lost 29 cents trading 12,508 shares to close at 1.30 cents.

Prices of securities trading for the day are those at which the last trade took place.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Modest gains for TTSE – Tuesday

November 5, 2019 by

TCL traded at 52 weeks’ low on TTSE.

Trinidad & Tobago Stock Exchange market closed slightly up on Tuesday with 12 securities trading against 13 on Monday as the market ended with 5 stocks rising, 3 declining and 4 remaining unchanged.
At the close of the market, the Composite Index gained 1.18 points to 1,400.73. The All T&T Index fell 0.95 points to 1,753.53, while the Cross Listed Index rose 0.46 points to close at 142.01.
Trading ended with 669,242 shares for $10,153,920, compared to 290,349 shares valued $7,081,786 shares on Monday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 8 stocks with bids lower than their last selling prices and 3 with lower offers.
Gains| Clico Investments Fund gained 3 cents and ended at $24.06, after exchanging 232 shares, First Citizens Bank finished trading of 56 stock units with a rise of 7 cents to end at $40.90, Grace Kennedy closed with a increase of 8 cents and ended at $3.44, with investors exchanging 315 shares. Guardian Holdings finished trading after an increase by 1 cent at $18.36, with 515,944 stock units changing hands and JMMB Group added 5 cents and settled at $2, with 10,312 units crossing the exchange.
Losses| Scotiabank fell 27 cents and concluded at $59.19, with 2,050 units, Trinidad & Tobago NGL lost 4 cents in exchanging 277 shares to close at $25.71 and Trinidad Cement closed with a loss of 5 cents and ended at 52 weeks’ low of $1.95, with 10,000 units crossing the exchange.
Firm Trades| Ansa Merchant Bank closed at $35.75 in swapping of 1,056 shares, National Flour settled at $1.49, swapping of 3,000 shares, Point Lisas settled at $3.60, after exchanging 125,000 shares and Sagicor Financial settled at $10.61, with 1,000 stock units changing hands.

Prices of securities trading are those at which the last trade took place.

 

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , ,

Big gains for JSE main market

November 4, 2019 by

Proven Investments closed at a record high on the JSE main market.

Stocks continue to rebound on the Jamaica Stock Exchange on Monday with a four-digit rise in the market index as trading volume rose 77 percent, with 39 securities traded with 15 advancing, 12 declining and 12 trading firm in the US dollar and main markets.
After falling moderately on Friday the market made strong gains on Monday as the JSE All Jamaican Composite Index climbed 2,578.73 points to close at 545,658.25, the JSE Index advanced 2,362.71 points to 496,939.21 and the JSE Financial Index gained 0.50 points to close at 134.91.
Main market activity, closed with 38 securities trading, leading to 19,703,423 units valued at $146,119,200 crossing the exchange, in contrast to 11,107,535 units valued at $113,371,137 on Friday also with 38 securities trading.
Sagicor Select Funds dominated trading with 12.7 million shares for 64 percent of total volume, followed by Wisynco Group with 2.5 million units accounting for 13 percent of the day’s trade following the release of a 53 percent rise in September quarter profit and Wigton Windfarm with 2.24 million shares for 11 percent of the market’s trade. Also trading more than 1 million shares was QWI Investments with 1.1 million units. Proven Investments closed at a 52 weeks’ high while MPC Clean Energy hit a record high of $275 but close back at Fridays’ close of $260.
The market closed with an average of 518,511 units valued at an average of $3,845,242 for each security traded, in contrast to 292,304 units valued at an average of $2,983,451 on Friday. The average volume and value for the month to date amounts to 405,407 units valued at $3,414,347 for each security changing hands. The market closed out October with an average of 957,488 units valued at $13,947,047 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and 5 with lower offers. The PE ratio of the market ended at 17.1 with the main market ending at 17.9 times 2019 current year’s earnings.
In main market activity, Barita Investments lost 30 cents to close at $70.20 trading 63,281 shares, Berger Paints ended at $17.11, after losing 46 cents in exchanging 4,690 shares, following a release from the company that they changed general manager at the end of October. Caribbean Cement gained 50 cents to settle at $77.50, with 548,786 shares changing hands, Carreras closed 70 cents higher to $8.60, trading 6,050 shares, Eppley Caribbean Property Fund settled at $35, after gaining $1 in swapping just 100 units. Eppley climbed $1.50 to close at $16, in trading 500 shares, Jamaica Producers slid $2, ending at $22 with an exchange of 15,100 shares, Jamaica Stock Exchange gained 90 cents to close at $30, with 5,509 shares crossing the exchange. JMMB Group closed 70 cents lower at $42 after trading 16,521 shares, Kingston Wharves lost $1.40 to close at $60, with 1,400 shares changing hands, PanJam Investment closed at $97.50, after losing 50 cents with 140 shares traded, Portland JSX gained 50 cents, ending at $9 after swapping 200 units. Proven Investments jumped $2 in trading 621 shares to end at a 52 weeks’ high of $47, Pulse Investments lost 50 cents exchanging 52,397 shares and closed at $3.90, Seprod climbed $2.10 to $54.60 with 5,558 units traded and Wisynco Group added 50 cents, in swapping 2,511,617 shares to close at $24 following release of very positive quarterly results last week.
Trading in the US dollar market ended with 751,000 units valued US$196,441 with the market index losing 8.72 points to close at 194.07 as Proven Investments, the sole trade, lost 1 US cent to close at 26.01 US cents after slipping 1 cent.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Junior Market trading drops over 80%

November 4, 2019 by

Caribbean Cream closed at 52 weeks’ low of. $3.80

Trading on the Jamaica Stock Exchange Junior Market fell over 80 percent from Friday’s levels on Monday with 965,495 units valued at $4,089,873 changing hands, compared to 5,230,729 units valued at $27,124,560 on Friday.
The Market Index rose 1.09 points to end at 3,414.19 as 26 securities changed hands compared to 26 on Friday. Market activities resulted in the price of 4 securities rising, 10 declining and 12 remaining unchanged.
Trading ended with an average of just 37,134 units for an average of $157,303 in contrast to 201,182 units for an average of $1,043,252 on Friday. The average volume and value for the month to date amounts to 119,158 units valued at $600,278 for each security traded. In contrast, October closed with an average of 186,927 units valued at $788,734 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 6 with lower offers.
At the close of the market, Blue Power traded 2,026 shares, after rising 10 cents to end at $6.90, Caribbean Cream declined 45 cents in trading of 11,676 units to end at 52 weeks’ low of $3.80, Express Catering dipped 19 cents in trading of 5,481 units at $6.01, Everything Fresh climbed 2 cents and exchanged 18,879 shares at $1.20. Elite Diagnostic closed 30 cents higher at $5.80, with 18,830 stock units trading, General Accident closed with a loss of 9 cents at $8.15, in swapping 12,293 shares, GWest Corporation ended with a loss of 1 cent at 1.11 with 3,590 stock units changing hands. Honey Bun lost 10 cents in trading 4,030 units at $6.50, Jamaican Teas slipped 5 cents in trading 10,030 units at $6, Knutsford Express dipped 45 cents in trading of 3,468 units at $10.40. Lasco Financial declined by 10 cents trading 151,300 shares to settle at $5.10, Lasco Manufacturing closed 25 cents higher at $5.50, with 74,346 stock units trading, Limners and Bards shed 28 cents in trading of 116,064 units at $2.72 and SSL Venture ended with a loss of 1 cent at 1.59 with 66,344 stock units changing hands.

Prices of securities trading for the day are those at which the last trade took place.

 

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mild pull back for TTSE – Monday

November 4, 2019 by

Trinidad & Tobago Stock Exchange market closed mixed on Monday with 13 securities being active against 16 on Friday as the market ended with 3 stocks rising, 6 declining and 4 remaining unchanged.
At the close of the market, the Composite Index inched 0.13 points to 1,399.55. The All T&T Index added 0.34 points to 1,754.48, while the Cross Listed Index shed 0.01 point to close at 141.55.
Trading ended with 290,349 shares valued $7,081,786, compared to 68,899 shares valued $1,404,017 shares on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer ended at 10 stocks with bids lower than their last selling prices and 1 with a lower offer.
Gains| NCB Financial rose 5 cents and closed at $10.71, with investors exchanging 1,000 shares, One Caribbean Media gained 1 cent and ended at $10, with 10,000 units crossing the exchange and Trinidad & Tobago NGL rose 9 cents in exchanging 2,763 shares to close at $25.75.
Losses| Clico Investments Fund shed 7 cents and settled at $24.03, with 131,840 stock units trading, First Citizens Bank dropped 16 cents and completed trading at $40.83, with 5,273 stock units trading, JMMB Group declined 5 cents to end at $1.95, after swapping 20,000 shares. Republic Financial fell 32 cents and settled at $122.93, trading 18,858 shares, Sagicor Financial closed with a loss of 7 cents and ended at $10.61, with investors exchanging 528 shares and Scotiabank shed 1 cent and completed trading of 12,450 units at $59.46.
Firm Trades| Grace Kennedy settled at $3.36, swapping of 80,000 shares, Guardian Holdings ended at $18.35, after exchanging 6,605 shares, National Enterprises concluded trading at $5.70, with 82 stock units changing hands and Unilever Caribbean completed trading at $23.50, after exchanging 950 shares.

Prices of securities trading are those at which the last trade took place.

Filed Under: Stock Market, TTSE Market Tagged With: , , , , , , , , , , , , , , , , , ,

Main Event leaps into IC TOP 10

November 4, 2019 by

Main Event revenues growing nicely profit stalls.

Overall price movement on the Jamaica Stock Exchange was steadier ahead of the month-end but some stocks recorded notable price movements as the JMMB Group APO remained opened.
Main Event shot into the Junior Market TOP 10 list this week in the number 3 position with a switch to earnings for 2020 fiscal year. The company came under selling pressure recently with profit declining in the July quarter although revenues climbed a strong 29 percent over the outturn for the similar quarter in 2018. The company managed to record a modest increase in its nine months profit with earnings per share of 36 cents. If the growth in revenues maintains the trend for 2019 in 2020 and management controls cost that was out of line in 2019, then the company should go on to record a strong increase in profit in the 2020 fiscal year that starts this month.
Honey Bun returns to the Junior Market TOP 10 stocks while Caribbean Flavours and Access Financial with an earnings downgrade, following release of the six months results, are out of the IC TOP 10. Over in the main market, Eppley moved in at the expense of Scotia Group with the price climbing to $58.99 on Friday.
The top three Junior Market stocks, continue to be led by Caribbean Producers with projected gains of 237 percent, followed by Iron Rock Insurance with potential gains of 233 percent followed by Main Event with 226 percent.
Radio Jamaica remains the lead stock with projected gains of 176 percent, followed by Carreras in the number two spot with likely gains of 128 percent and Jamaica Broilers with projected growth of 107 percent is next.
The main market, closed the week with the overall PE of 17.8, up from 17.2 and the Junior Market at 12.1 from 11.8, based on current year’s earnings. The PE ratio for Junior Market Top 10 stocks averages 7.8 with the main market PE at 10.7 from 10.8 for the previous week.
The TOP 10 stocks now trade at a discount of 37 percent to the average for Junior Market stocks and main market stocks trade at a discount of 38 percent to the overall market.
IC TOP 10 stocks are likely to deliver the best returns to March next year. Projected earnings, along with the PE ratio for each company’s current fiscal year are used in determining potential gains with the likely gains ranked in descending order with highest-ranked being the most attractive. Potential values will change as stock prices fluctuate and will result in movements of the selection in and out of the lists for most weeks. Earnings per share are revised on an ongoing basis as new information is received that can result in changes in and out of the list.

This report is compiled by persons who may have an interest in the securities commented on.

Filed Under: Buy Rated Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

Soft November start for JSE main market

November 1, 2019 by

The main market of the Jamaica Stock Exchange opened November with the major indices falling marginally as declining stocks beat out rising ones.
At the close, the JSE All Jamaican Composite Index declined 674.79 points to close at 543,079.52; the JSE Index lost 611.43 points to 494,576.50 and the JSE Financial Index was down 0.15 points to close at 134.41.
Trading closed with 40 securities changing hands in the main and US dollar markets with 12 advancing, 18 declining and 10 traded firm. Main market activity ended with 38 securities trading 11,107,535 units valued at $113,371,137, in contrast to 38,125,741 units valued at $101,388,568 on Thursday with 40 securities trading.
Sagicor Select Funds dominated trading with 3.8 million shares for 34 percent of total volume, followed by Wigton Windfarm with 3.1 million units accounting for 28 percent of the day’s trade and Wisynco with 816,449 shares for 7 percent of the market’s trade.
The market closed with an average of 292,304 units valued at $2,983,451 for each security traded, in contrast to 953,144 units valued at an average of $2,534,714 on Thursday. The market closed out October with an average of 957,488 units valued at $13,947,047 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 9 stocks ended with bids higher than their last selling prices and 1 with lower offers. The PE ratio of the market ended at 17 with the main market ending at 17.8 times 2019 current year’s earnings.
In main market activity, Barita Investments gained 50 cents to close at $70.50 after trading 55,812 shares, Caribbean Cement lost 50 cents to end at $77, after exchanging 52,135 units, Carreras dropped 90 cents trading 612,631 stock units to settle at $7.90, Eppley dropped $1.50 to close at $14.50, after swapping 680 shares. Grace Kennedy closed $1.49 lower to $66, with 77,510 stock units changing hands, Jamaica Producers gained $1.10, ending at $24 with 3,651 units traded, Jamaica Stock Exchange lost 40 cents to close at $29.10, with 43,202 shares crossing the exchange. JMMB Group closed 30 cents lower at $42.70 in trading 19,543 stock units, Mayberry Investments lost 35 cents, to settle at $7.15 with 215,225 shares changing hands, NCB Financial gained $2 to close at $205, after swapping 43,196 stock units. PanJam Investment closed at $98, after losing $2 with 19,021 units traded, Pulse Investments lost 30 cents exchanging 17,920 shares to end at $4.40, Sagicor Group declined $2 to $64, with 53,384 shares traded. Sagicor Real Estate Fund closed 39 cents lower at $11.50, in swapping 44,315 stock units, Salada Foods advanced $2.70 to $32, in exchanging 26,000 units, Scotia Group climbed $3.99 and ended at $58.99, trading 603,998 shares, Seprod closed $1.50 lower to $52.50 with 2,003 units traded. Stanley Motta lost 54 cents to end at $5.20, with 19,600 shares changing hands, Supreme Ventures gained 83 cents to close at $25.98, with an exchange of 472,471 shares and Wisynco Group surged $1.50 in swapping 816,449 shares to close at $23.50 as investors responded positively to the Group’s strong September quarterly results with profit jumping 53 percent.
Trading in the US dollar market ended with 42,285 units traded at US$1,396 with the market index gaining 0.23 points to close at 202.79. Sterling Investments gained 0.2 US cents trading 39,000 units to close at 2.4 US cents and Sygnus Credit Investments exchanged 3,285 shares at 14 US cents.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,