JSE Main Market tumbles

The Jamaica Stock Exchange Main Market dropped sharply on Tuesday following the volume of stocks trading nosediving 55 percent after 38 percent fall in value, compared to Monday with trading in 46 securities, down from 54 on Monday, resulting in prices of 16 rising, 19 declining and 11 ending unchanged.
Five stocks traded at 52 weeks’ low including Jamaica Stock Exchange, JMMB Group ordinary share, Palace Amusement, VM Investments and JMMB Group 7.35% preference share.
A total of 5,681,384 shares were traded for $75,914,996 versus 12,752,567 units at $123,366,397 on Monday.
Trading averaged 123,508 units at $1,650,326 compared to 236,159 shares at $2,284,563 on Monday and month to date, an average of 203,452 units at $1,557,922 versus 206,857 units at $1,553,986 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
Transjamaican Highway led trading with 906,272 shares for 16 percent of total volume followed by Wigton Windfarm with 790,724 units for 13.9 percent of the day’s trade and Wisynco Group with 687,585 units for 12.1 percent market share.
The All Jamaican Composite Index dived 6,421.71 points to 376,303.33, the JSE Main Index shed 4,914.99 points to close at 332,377.66 and the JSE Financial Index lost 1.11 points to settle at 79.00.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows 18 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Producers rallied 54 cents to $12.59 in switching ownership of 8,568 shares, Eppley Caribbean Property Fund dipped $3.97 to $36.02 trading 100 stock units, First Rock Real Estate climbed $1.94 in closing at $15 with investors trading 385,998 stocks. Guardian Holdings declined $5.10 after ending at $495 trading 6,641 units, Jamaica Broilers rose 54 cents to $27.40 with 51,941 stocks clearing the market, Jamaica Stock Exchange fell $1.03 to a 52 weeks’ low of $14.90 with an exchange of  28,942 units. JMMB Group shed 90 cents to end at a 52 weeks’ low of $31.50 as investors transferred 212,943 shares, Kingston Wharves lost 59 cents in closing at $33.41 after 361,343 stock units crossed the exchange, Palace Amusement dropped $39 in ending at a 52 weeks’ low of $621 with four units changing hands. Sagicor Group popped $1 to close at $49 trading 65,818 stocks, Scotia Group lost $1.70 to settle at $32.50 as investors transferred 33,492 shares, Seprod dipped $1.99 to $67 with the swapping of 56,540 stock units and Victoria Mutual Investments fell 95 cents to a 52 weeks’ low of $3 with 209,695 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

Junior Market jumps

A 12 percent fall in the volume of stocks traded, following an 11 percent decline in the value of funds entering the Junior Market of the Jamaica Stock Exchange on Tuesday, but the declined in trading failed to stop the market from rising at the close, with trading in 41 securities against 42 on Monday, ending with 18 rising, 14 declining and 9 closing unchanged.
A total of 4,506,827 shares valued at $12,167,838 were traded compared to 5,099,286 units at $13,601,067 on Monday.
Trading averaged 109,923 shares at $296,777 compared with 121,412 units at $323,835 on Monday, with a month to date average of 250,933 units at $676,433 compared to 257,803 stock units at $694,789 on the previous day. October closed with an average of 264,407 units at $832,036.
ONE on ONE Educational led trading with 785,329 shares for 17.4 percent of total volume, followed by JFP Ltd with 485,798 units for 10.8 percent of the day’s trade and Dolla Financial with 445,647 units for 9.9 percent market share.
At the close, the Junior Market Index jumped 40.33 points to settle at 3,892.15.
The PE Ratio, a measure of computing appropriate stock values, averages 12.2. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power rose 51 cents to $3.20 with 82 shares clearing the market, Cargo Handlers jumped $2.14 to $11.64 in trading 118 stock units, Consolidated Bakeries dipped 30 cents ending at $1.80 after 14,400 stocks passed through the market. Dolphin Cove gained 10 cents in closing at $13.40 with the swapping of 4,645 units, iCreate increased 8 cents to $1.94 in switching ownership of 35,766 shares, Indies Pharma rallied 8 cents to close at $2.70 in transferring 3,702 units. JFP Ltd popped 13 cents in ending at $1.61 with an exchange of 485,798 stock units, Limners and Bards gained 16 cents to settle at $2.76 in trading 2,029 stocks, Lumber Depot popped 11 cents to end at $2.42 in exchanging 283,339 stocks. Main Event shed 20 cents in closing at $9.80 after a transfer of 56,070 shares, MFS Capital Partners advanced 13 cents to $2.79 with investors transferring 346,960 stock units and Tropical Battery fell 12 cents in closing at $2.34 with an exchange of 77,339 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks exchanged rising 483 percent, with the value surging 1,046 percent more than Monday’s levels, resulting in six securities trading, compared to eight on Monday with three rising, one declining and two ending unchanged.
Overall, 1,042,094 shares traded for US$58,208 up sharply from 178,840 units at US$5,077 on Monday.
Trading averaged 173,682 units at US$9,701 versus 22,355 shares at a mere US$635 on Monday, with a month to date average of 30,414 shares at US$3,432 compared with 24,869 units at US$3,190 on the previous day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 1.78 points to end at 222.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and five with lower offers.
At the close, First Rock Real Estate USD share gained 0.89 cents after ending at 7.99 US cents in exchanging 364,350 shares, MPC Caribbean Clean Energy remained at 65 US cents in trading three stocks, Proven Investments fell 1.27 cents to close at 18.1 US cents with 129,276 units changing hands. Sygnus Credit Investments USD share climbed 0.34 of a cent to 9.86 US cents in switching ownership of 363 stock units and Transjamaican Highway rallied 0.04 of a cent to 0.9 of one US cent after exchanging 547,000 units
In the preference segmentJMMB Group 6% ended at US$1 with 1,102 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks dominate Trinidad exchange

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Declining stocks were the dominant feature of the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 6 percent with a 28 percent higher value than on Monday resulting in 21 securities trading as was the case on Monday, with prices of five rising, 11 declining and five remaining unchanged.
Investors traded 427,294 shares for $3,122,309 versus 456,229 stock units at $2,445,836 on Monday. An average of 20,347 units were traded at $148,681 compared to 21,725 shares at $116,468 on Monday, with trading month to date averaging 53,426 shares at $477,266 versus 55,339 units at $496,275 on the previous day. The average trade for October amounts to 29,755 at $358,068.
The Composite Index declined 5.11 points to 1,310.46, the All T&T Index fell 9.69 points to 1,962.13 and the Cross-Listed Index slipped 0.03 points to settle at 85.82.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s ended at $43 with 29 shares clearing the market, Angostura Holdings remained at $23.50 after exchanging 27 stocks, Ansa McAl shed $2.50 in ending at $47.50 after an exchange of 759 stock units. Ansa Merchant Bank fell $1.30 to close at $42.20 with the swapping of 1,000 units, Clico Investment Fund declined 70 cents to $29.05 while exchanging 17,410 stock units, First Citizens Group dipped 1 cent to $50 after the trading of 3,212 stocks. GraceKennedy slipped 1 cent to $4.79 after a transfer of 195 units, Guardian Holdings dropped 19 cents to end at $25.81, with 12,901 shares crossing the exchange, JMMB Group rallied 1 cent to close at $1.90 with an exchange of 18,247 stock units. L.J. Williams B share ended at $2.40 as 7,946 stocks passed through the market, Massy Holdings increased 14 cents to close at $4.65 in switching owners of 83,807 units, National Enterprises remained at $3.25, with 21,400 shares crossing the market. NCB Financial remained at $4.56 after an exchange of 225,343 stocks, Point Lisas popped 6 cents to end at $3.25 as investors exchanged 13,452 stock units, Prestige Holdings fell 1 cent in closing at $6.25 with a transfer of 414 shares. Republic Financial lost 58 cents to close at $139 after an exchange of 105 units, Scotiabank declined 50 cents to end at $77, with 279 stock units crossing the market, Trinidad & Tobago NGL dropped 75 cents to $21.25 with investors transferring 12,794 units. Trinidad Cement gained 5 cents in closing at $3.65 in trading 1,000 stocks, Unilever Caribbean shed 60 cents in ending at $13.18 after 150 shares changed hands and West Indian Tobacco rose 2 cents to close at $22 trading 6,824 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market volume climbs

Trading ended Monday with an increased in the volume of stocks traded but was valued less than those passing through the market on Friday after 89 percent more shares changed hands valued 13 percent less than Friday on the Jamaica Stock Exchange Main Market and ended with trading of 54 securities compared to 52 on Friday, resulting in 19 rising, 22 declining and 13 ending unchanged.
A total of 12,752,567 shares were exchanged for $123,366,397 versus 6,765,232 units at $141,934,681 on Friday.
Trading averaged 236,159 units at $2,284,563 against 130,101 shares at $2,729,513 on Friday and month to date, an average of 206,789 units at $1,553,587 compared to 205,314 units at $1,515,534 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
JMMB Group 7.35% – 2028 led trading with 3.66 million shares for 28.7 percent of the total volume, followed by Wigton Windfarm with 1.73 million units for 13.6 percent of the day’s trade, Transjamaican Highway with 1.62 million units for 12.7 percent market share and 138 Student Living with 1.15 million units for 9 percent market share.
The All Jamaican Composite Index rose 1,072.14 points to 382,725.04, the JSE Main Index shed 767.80 points to end at 337,292.65 and the JSE Financial Index shed 0.97 points to close at 80.11.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios are computed using earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
The Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments advanced $2.46 to $89.48 in switching ownership of 29,304 shares after hitting a 52 weeks’ intraday low of $83.50, Caribbean Cement dropped $2.30 in ending at $56.50 with an exchange of 13,615 stock units, Eppley rallied $5.65 in closing at $38.65 after a transfer of 3,000 units. Eppley Caribbean Property Fund climbed $3.49 to $39.99 with 249 stocks changing hands, Guardian Holdings dropped $58.85 to end at $500.10, with 146 shares clearing the market, JMMB Group shed 60 cents to close at $32.40 in exchanging 15,598 units. Kingston Properties rose 43 cents to $6.99 in trading 98,000 stocks, Kingston Wharves popped 55 cents to $34 with the swapping of 190,708 stock units, Massy Holdings advanced 50 cents in ending at $81 after trading 564 stock units. NCB Financial gained 90 cents in closing at $84.90 after exchanging 202,064 stocks, Palace Amusement fell $59.01 to $660 with the swapping of 56 shares, Proven Investments rose 98 cents to $27.98 as investors exchanged 9,113 units. Scotia Group popped $1.45 to close at $34.20 after trading 2,803 shares, Seprod declined $1.01 to $68.99 with an exchange of 3,281 stock units, Stanley Motta dipped 48 cents to $4.47 with investors transferring 4,237 stocks and Supreme Ventures shed 79 cents to close at $24.21 in an exchange of 265,908 units.
In the preference segmentProductive Business Solutions 9.75% preference share rose $15.90 to $121.90 in exchanging 40 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading jumps

Trading jumped on the Junior Market of the Jamaica Stock Exchange Monday with an 83 percent rise in the volume of stocks traded, valued at 60 percent more than on Friday with trading in 42 securities versus 41 on Friday to end with ten rising, 22 declining and ten closing unchanged.
A total of 5,099,286 shares were traded for $13,601,067 compared with 2,791,802 units at $8,477,949 on Friday.
Trading averaged 121,412 shares at $323,835 compared with 68,093 units at $206,779 on Friday, with a month to date average of 257,803 units at $694,789 compared to 264,910 stock units at $714,119 on the previous trading day. October ended with an average of 264,407 units at $832,036.
Dolla Financial led trading with 1.31 million shares for 25.8 percent of total volume, Jetcon Corporation was next with 850,000 units for 16.7 percent of the day’s trade and ONE on ONE Educational with 786,772 units for 15.4 percent market share.
At the close, the Junior Market Index lost 18.42 points to settle at 3,851.82.
The PE Ratio, a measure used in the computing of appropriate stock values, averages 12. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
The Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial dropped $2.34 in closing at $20.66 with investors transferring 2,218 shares, Blue Power shed 48 cents to end at $2.69 after an exchange of 3,100 stock units, Cargo Handlers gained 50 cents to settle at $9.50, with 250 stocks crossing the market. Consolidated Bakeries lost 19 cents after ending at $2.10 with 10,725 units changing hands, Dolla Financial dipped 11 cents to $3.16, trading 1,313,389 stock units, Dolphin Cove advanced 17 cents to $13.30 in transferring 16,067 units. Elite Diagnostic fell 19 cents to end at $3.30 with an exchange of 6,600 shares, Everything Fresh rose 15 cents to $1.45 as investors swapped 19,067 stocks, Fontana shed 10 cents to close at $8.40 in an exchange of 26,477 stock units. Fosrich fell 10 cents to $4.05 as investors switched ownership of 485,062 shares, Indies Pharma lost 13 cents after ending at a 52 weeks’ low of $2.62 and trading 44,511 units, Iron Rock Insurance shed 42 cents in closing at a 52 weeks’ low of $1.76 after a transfer of 374 stocks. Knutsford Express gained 48 cents to finish at $8.88 with an exchange of 6,622 shares, Lumber Depot dipped 14 cents to $2.31 with a transfer of 87,095 stock units, MFS Capital Partners rallied 14 cents to $2.66 after 42,375 stocks cleared the market. Stationery and Office Supplies shed 70 cents to $14.30 in an exchange of 579 units and tTech popped 43 cents to $3.28 in exchanging 50,855 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading pushes JSE USD Market down

Trading remained low on the Jamaica Stock Exchange US dollar market on Monday, with the volume of stocks exchanged rising 52 percent, valued 27 percent less than on Friday and resulting in eight securities traded, compared to seven on Friday with two rising, three declining and three ending unchanged.
Overall, 178,840 shares traded for US$5,077 compared with 117,838 units at US$6,943 on Friday.
Trading averaged 22,355 shares at US$635 versus 16,834 units at US$992 on Friday, with a month to date average of 24,869 shares at US$3,190 compared with 25,005 units at US$3,329 on the previous trading day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index slipped 0.15 points to end at 223.91.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share advanced 0.1 of a cent to close at 7.1 US cents, with 1,369 shares clearing the market, Productive Business Solutions ended at US$1.70 after trading 85 units, Proven Investments popped 0.02 of a cent to end at 19.37 US cents with an exchange of 410 stock units. Sterling Investments dipped 0.09 cents after ending at 2 US cents after exchanging 746 stocks, Sygnus Credit Investments J$ share dipped 1 cent in closing at 13.62 US cents after 75 units passed through the market and Transjamaican Highway remained at 0.86 of one US cent as investors exchanged 173,998 stocks.
In the preference segmentProductive Business 9.25% preference share declined by 50 cents in ending at US$11 after a transfer of 107 shares and JMMB Group 6% remained at US$1 in trading 2,050 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Trinidad Stock Exchange

The volume of stocks traded surged by 665 percent on the Trinidad and Tobago Stock Exchange on Monday, with the value jumping 263 percent more than on Friday and resulted in the trading of 21 securities up from 16 on Friday, and ending with prices of nine stocks rising, four declining and eight remaining unchanged.
Investors traded 456,229 shares for $2,445,836 versus 59,653 stock units at $674,360 on Friday.
An average of 21,725 units were traded at $116,468 compared with 3,728 shares at $42,147 on Friday, with trading month to date averaging 55,339 shares at $496,275 versus 57,403 units at $519,596 on the previous trading day. The average trade for October ended at 29,755 at $358,068.
The Composite Index advanced 6.39 points to 1,315.57, the All T&T Index rallied 3.87 points to 1,971.82 and the Cross-Listed Index rose 1.27 points to 85.85.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Agostini’s ended at $43, with just one share changing hands, Angostura Holdings dipped 1 cent in closing at $23.50 with an exchange of 12 stocks, Ansa McAl remained at $50 in exchanging ten stock units. Clico Investment Fund climbed 25 cents to $29.75 after trading 4,554 units, First Citizens Group gained 1 cent to close at $50.01 with 2,311 shares clearing the market, FirstCaribbean International Bank advanced 29 cents to close at $5.40 in trading 20 units. GraceKennedy remained at $4.80 as 60 stocks passed through the market, Guardian Holdings popped 14 cents to end at $26 after exchanging 94 stock units, Guardian Media ended at $2.99 in switching ownership of 40 units. JMMB Group remained at $1.89, with 2,005 stocks crossing the market, L.J. Williams B share increased 10 cents to close at a 52 weeks’ high of $2.40 as investors exchanged 2,054 stock units, Massy Holdings rallied just 1 cent to $4.51 after a transfer of 55,499 shares. National Enterprises shed 1 cent to $3.25 with a transfer of 110,030 stocks, National Flour Mills rose 9 cents to end at $1.59 with the swapping of 20 shares, NCB Financial ended at $4.56 with investors transferring 264,940 stock units. Prestige Holdings ended at $6.26 after finishing the trading of 2,145 units, Republic Financial fell 41 cents to close at $139.58 in an exchange of 464 stocks, Scotiabank gained $1 in ending at $77.50 after an e exchange of 439 units. Trinidad & Tobago NGL climbed 50 cents to end at $22, with 11,521 shares crossing the exchange, Unilever Caribbean remained at $13.78 after trading five stock units and West Indian Tobacco lost 2 cents in ending at $21.98 after a mere five shares were exchanged.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

IPO closure lifts ICTOP10

The Jamaica Stock Main Market recorded gains to close out the past week on a positive note, but the performance only resulted in moderate changes in prices of ICTOP10 Main Market stocks, the Junior Market Index was flat compared with the prior week but resulted in some sizable price changes with one stock dropping out of the TOP10 as the Initial Public offer of Regency Petroleum shares was oversubscribed and closed and liquidity started returning to the market.
Access Financial dropped out of the Junior Market TOP10 after rising 11 percent for the week in making way for Medical Disposables to return.
Unlike last week when seven Junior Market TOP10 stocks declined between 3 percent and 20 percent, with only one rising this week. Rising stocks dominated, with five gaining 3 percent or more while three declined. CAC2000 ordinary share fell 15 percent to $7.06, Iron Rock Insurance was down 5 percent to $2.18 and Dolphin Cove lost 3 percent to close at $13.13. In the Junior Market, Paramount Trading recovered some of last week’s loss by rising 13 percent to $1.71, Lasco Financial popped 11 percent to close at $3, while Elite Diagnostic rose 4 percent to $3.49.
The Main Market 10 had just two stocks rising for a second week and six declining between four and nine percent last week. This past week, four rose 2 percent and 3 percent.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 5.7, well below the market average of 13.4. At the same time, the Junior Market Top 10 PE sits at 5.9 versus the market at 12, an important indicator of the level of undervaluation of the ICTOP10 stocks. The Junior Market is projected to rise by 246 percent and the Main Market TOP10, an average now of 269 percent, to May 2023.
The Junior Market has 12 stocks representing a third of the market, with PEs from 15 to 35, averaging 20 compared with the above average of the market. The top half of the market has an average PE of 17. This data shows the extent of potential gains that the TOP 10 stocks possess. The situation in the Main Market is similar, with the 16 highest valued stocks priced at a PE of 15 to 73, with an average of 24.7 and 21.7 excluding the highest valued one and 19 for the top half excluding the highest valued stock.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate, resulting in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.

Persons who compiled this report may have an interest in securities commented on in this report.

Weekend gain for Main Market

Investors ended trading on Friday with an exchange of 66 percent less volume of stocks on the Jamaica Stock Exchange Main Market, even as the value traded jumped 260 percent over Thursday, after trading took place in 52 securities against 51 on Thursday, leading to 19 rising, 24 declining and nine ending unchanged.
The market closed with an exchange of 6,765,232 shares worth a total of $141,934,681 versus 19,677,897 units at $39,419,138 on Thursday.
Trading averaged 130,101 units at $2,729,513 versus 385,841 shares at $772,924 on Thursday and month to date, an average of 205,314 units at $1,515,534 versus 209,330 units at $1,450,722 on the previous day. October closed with an average of 231,243 units at $1,464,224.
Seprod led trading with 1.70 million shares for 25.1 percent of total volume, followed by Sagicor Select Financial Fund with 1.34 million units for 19.7 percent of the day’s trade and Transjamaican Highway, with 1.24 million units for 18.4 percent of market share.
The All Jamaican Composite Index rallied 1,783.90 points to 381,652.90, the JSE Main Index climbed 1,999.87 points to 338,060.45 and the JSE Financial Index inched 0.56 points higher to 81.08.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
The Investor’s Choice bid-offer indicator shows eleven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement popped $1.30 to $58.80 after exchanging 140 shares, Eppley Caribbean Property Fund fell $3.49 to $36.50 with a transfer of 24 stock units, Guardian Holdings shed $1.05 to $558.95 in exchanging 186 units. Jamaica Stock Exchange gained 94 cents to close at $15.94 in switching ownership of 1,102 stocks, Kingston Wharves dropped $1.54 to$33.45 with 60,233 shares changing hands, NCB Financial dipped $1 to $84 as investors exchanged 75,416 stock units. Proven Investments lost 98 cents to end at $27 after trading 165 stocks, Sagicor Group declined 54 cents in closing at $48.26 with a transfer of 7,563 units, Seprod rose $1 to $70 with the swapping of 1,698,127 stocks. Stanley Motta gained 49 cents to close at $4.95, with 7,676 shares crossing the exchange and Sygnus Real Estate Finance lost 90 cents to end at $9 with the swapping of 980 units.
In the preference segmentEppley 7.25%preference share dipped $3 to $17 after switching ownership of 5,000 stock units and JMMB Group 7% preference share shed 49 cents to close at $1.97, trading 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.