JSE Main Market down again

The Jamaica Stock Exchange  Main Market slipped moderately for a third consecutive day when market activity ended on Thursday with declining stocks outnumbered rising ones, after an exchange of 127 percent more shares valued 98 percent higher than on Wednesday.

The All Jamaican Composite Index lost 916.98 points to settle at 454,531.67, the JSE Main Index shed 587.19 points to 415,165.55 and the JSE Financial Index added 0.19 points to end at 102.38.
Trading ended with 53 securities compared to 52 on Wednesday, with 12 stocks rising, 27 declining and 14 remaining unchanged. The PE Ratio, a measure that computes appropriate stock values, averages 15.4 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 22,302,736 shares were traded for $185,523,053, up from 9,829,573 units at $93,904,028 versus 9,829,573 units at $93,904,028 on Wednesday. Wigton Windfarm led trading with 57.3 percent of total volume for an exchange of 12.76 million shares, followed by Mayberry Investments 9.2 percent with 2.04 million units. JMMB Group 7.5% preference share accounted for 6.5 percent with 1.46 million units and Transjamaican Highway 5.3 percent with 1.19 million units changing hands.
Trading averaged 420,806 units at $3,500,435, compared to 189,030 shares at $1,805,847, on Wednesday. Trading month to date averages 376,542 units at $7,214,159, in contrast to 372,221 units at $7,576,640 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments dropped $3.89 to $93.99 after exchanging 48,170 shares, Caribbean Cement fell $2.99 to $91 with a transfer of 806,615 stock units. First Rock Capital lost 39 cents to end at $12.57 with an exchange of 31,470 stock units, GraceKennedy fell $2.05 to $101 in trading 71,940 shares. Guardian Holdings dropped $30 in closing at $620 in exchanging 1,176 stock units, Jamaica Broilers lost 57 cents to finish at $35.03 trading 66,111 shares, Jamaica Stock Exchange lost 24 cents in ending at $17 after crossing the exchange with 52,694 stocks. JMMB Group rose $1.85 to $39.85 with the swapping of 599,245 shares, Kingston Properties rallied 25 cents to $10.25, with 8,265 stock units crossing the market, Margaritaville advanced $1.77 to $15.17 with 1,630 stocks changing hands. Mayberry Jamaican Equities slipped 29 cents to $9.10 in transferring 328,458 units, Proven Investments shed 51 cents to $34.02 in exchanging 29,546 shares. Pulse Investments lost 26 cents to close at $3.30 in switching ownership of 261,421 units, Radio Jamaica spiked 52 cents to end at 52 weeks’ closing high of $3.50, after hitting a new intraday high of $3.85 in the morning session, in completing an exchange of 669,972 stock units, Salada Foods rallied 28 cents to $7.39, with 2,552 units crossing the exchange, Scotia Group fell 30 cents to end at $39.70, with an exchange of 261,002 shares. Seprod declined $4.80 in closing at $61.20 in trading 21,923 stocks and Victoria Mutual Investments dipped 35 cents at $5.35 with 126,154 units clearing the market.
In the preference segment, Eppley 5% popped 25 cents to close at a record $20.25 in switching ownership of 5,000 stocks and 138 Student Living preference share, fell $2.57 to $5.43 after exchanging 1,576 shares.

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

JSE Main Market gives up over 8,400 points

Market activity led the All Jamaican Composite Index to shed 40.92 points 455,448.65 at the close of trading after the market shot up 8,411 points to 463,900.77 after 15 minutes of trading in the morning session on Wednesday, with more stocks rising than declining, but with the volume and value of stocks trading dropping 88 and 94 percent respectively, compared to Tuesday as the curtain closed for the Jamaica Stock Exchange Main Market.
The JSE Main Index dipped 308.45 points to 415,752.74 and the JSE Financial Index slipped 0.26 points to end at 102.19.
Trading ended with 52 securities compared to 51 on Tuesday, with 23 stocks rising, 15 declining and 14 remaining unchanged. The PE Ratio, a measure that computes appropriate stock values, averages 15.9 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 9,829,573 shares trading for $93,904,028 versus 84,136,115 units at $1,594,752,619 on Tuesday. Radio Jamaica, with led the volume traded with 34.5 percent after an exchange of 3.39 million shares, Wigton Windfarm followed in controlling 17.3 percent with 1.7 million units, Sagicor Select Financial Fund 13.7 percent, with 1.35 million units and Transjamaican Highway with 11.7 percent after 1.15 million units changed hands.
Trading averaged 189,030 units at $1,805,847, compared to 1,649,728 shares at $31,269,659 on Tuesday. Trading month to date averages 372,221 units at $7,576,640, in contrast to 391,623 units at $8,187,803 on Tuesday. July averaged 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments rallied $6.88 in closing at 52 weeks’ high of $97.88 with an exchange of 111,164 stock units, Caribbean Cement advanced $1.49 to $93.99 with 143,483 units crossing the market, Caribbean Producers gained 35 cents to end at $5 after clearing the market with 1,010 units, Eppley shed 66 cents to close at $40 with the swapping of 2,109 stocks, Eppley Caribbean Property Fund fell $1.16 to $40 in switching ownership of 1,679 shares, First Rock Capital shed 89 cents to $12.96 in exchanging 6,973 stocks. GraceKennedy fell $1.75 to $103.05 with 224,330 stock units crossing the market, Guardian Holdings dropped $20 to $650 in trading 7,082 shares, Jamaica Producers advanced $1.49 to end at $23.49 in an exchange of 19,072 stock units, Kingston Wharves fell 99 cents ending at to $46.51 with a transfer of 1,206 units. Margaritaville declined $1.79 to a 52 weeks’ low of $13.40 after exchanging 13,797 stocks, Mayberry Investments spiked 35 cents to $6 in switching ownership of 19,480 units, Mayberry Jamaican Equities rose 89 cents to $9.39 in transferring 12,440 shares. MPC Caribbean Clean Energy rallied $16.80 to $137.80 after exchanging one stock unit, NCB Financial Group advanced $2 to $134 with 108,613 stock units crossing the market, Palace Amusement popped $89.20 to $1,140 with one share changing hands. PanJam Investment gained 40 cents to finish at $62 in switching ownership of 34,611 stocks, Radio Jamaica gained 23 cents to end at a 52 weeks’ high of $2.98 after 3,388,414 shares changed hands. Sagicor Group shed 78 cents to close at $57 after 28,498 stocks crossed the exchange, and Seprod spiked $1 to $66 with 13,166 shares changing hands.
In the preference segment, Eppley 8.25% rose 42 cents to $6.48 with the swapping of 1,050 units.

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

Supreme Ventures turn to dominate

For a second consecutive trading day another stock, investors traded more than $1 billion in one stock, with Barita Investments hitting the mark on Monday and Supreme Ventures on Tuesday as trading in the stock dominated market activity with 88 percent of total volume after an exchange of 74 million of the company’s shares worth $1.4 billion as market activity ended on Tuesday, with the all indices declining after the volume of shares traded surged 155 percent, with 14 percent lower value than on Monday on the Jamaica Stock Exchange Main Market.

Supreme Ventures traded most shares

The All Jamaican Composite Index dropped 1,259.20 points to settle at 455,489.57, after moving as high as 460,535 points in the morning session. The Main Index fell 762.92 points to 416,061.19 and the JSE Financial Index lost 0.14 points to end at 102.45.
Trading ended with 51 securities compared to 49 on Monday, with 20 stocks rising, 21 declining and 10 remaining unchanged. Radio Jamaica ended at a 52 weeks’ closing high, while Barita Investments traded at an intraday high of $99.84 after supply dried up at lower prices. The PE Ratio, a measure that computes appropriate stock values, averages 15.8 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 84,136,115 shares trading for $1,594,752,619 versus 32,951,304 units at $1,845,967,733 on Monday. JMMB Group, with 2.3 percent for 1.91 million units, had the second highest volume for the day, Transjamaican Highway was next, with 1.3 percent for 1.1 million units, Radio Jamaica ended, with 1.2 percent for 1.04 million and PanJam Investment traded 1.2 percent of the day’s volume, with 1 million units.
Trading averaged 1,649,728 units at $31,269,659, compared to 672,476 shares at $37,672,811 on Monday. Trading month to date averages 391,623 units at $8,187,803, in contrast to 245,797 units at $5,512,406 on Monday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and three securities with lower offers.
At the close, Barita Investments rose 76 cents to end at $91, with 119,965 units crossing the market. Caribbean Cement spiked $2 to $92.50 with an exchange of 13,502 stock units, Eppley fell $1.20 to $40.66 in trading 1,278 stocks. First Rock Capital rallied $1.85 to $13.85 after exchanging 5,867 stock units, GraceKennedy bolted $3.80 to $104.80 in trading 10,111 shares, Guardian Holdings popped $55 to $670 with the swapping of 363 units. Jamaica Broilers shed 69 cents in closing at $35.51 after an exchange of 3,370 stock units, Jamaica Producers declined $1.48 to $22 with 1,000 stocks changing hands, JMMB Group gained 27 cents to close at $38.02 with 1,906,600 shares crossing the market, Kingston Properties rose 50 cents to $10 in transferring 1,148 stocks, Mayberry Investments slipped 55 cents to $5.65 with 45 units crossing the exchange. Mayberry Jamaican Equities shed 30 cents to $8.50 with the swapping of 800 stocks, MPC Caribbean Clean Energy spiked $1 to $121 with an exchange of 100 stock units, NCB Financial dropped $7.50 to $132 with an exchange of 4,246 shares. 138 Student Living dropped 65 cents to $4.45 in switching ownership of 2,945 stock units, Palace Amusement rallied $17.04 to $1,050.80 after 94 stocks cleared the market, PanJam Investment shed 82 cents to $61.60 with a transfer of 1,001,621 shares, Radio Jamaica gained 14 cents in closing at a 52 weeks’ high of $2.75 while exchanging 1,035,575 unit, Sagicor Group popped 28 cents to close at $57.78 with 186,602 stocks changing hands. Salada Foods shed 25 cents to end at $7.25 in exchanging 30,795 units. Scotia Group lost 31 cents to finish at $39.99 in an exchange of 35,083 stock units, Seprod dropped $4 to close at $65 with the swapping of 117,010 stocks, Supreme Ventures rose 44 cents in ending at $19 after 74,165,054 shares crossed the market and Sygnus Credit Investments popped 20 cents to $15.10 with 16,555 stocks changing hands.
In the preference segment, Eppley 8.25% fell 42 cents to $6.06 after exchanging 448 units.  

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

Declining stocks dominate JSE Main Market

The Jamaica stock market closed on Thursday with the market recovering some of Wednesday’s losses, with the movement not strong enough to wipe those losses even as the market moved well above Wednesday’s close in early morning trading, by the close, declining stocks clobbered advancing more than two to one, with the volume and value of shares traded falling 26 percent and 67 percent respectively compared to Wednesday, on the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index advanced 1,142.15 points to settle 457,036.99, the JSE Main Index rose 953.49 points to 417,041.66 and the JSE Financial Index popped 0.37 points to settle at 102.11.
Trading ended with 50 securities compared to 48 on Wednesday, with 10 stocks rising, 25 declining and 15 remaining unchanged. The PE Ratio, a measure used to determine appropriate stock values, averages 16.3 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 9,341,446 shares trading for $42,964,627, down from 12,706,408 units at $132,153,212 on Wednesday. Radio Jamaica led trading with 18.1 percent of total volume for 1.69 million shares, followed by Wigton Windfarm 17.9 percent with 1.67 million units, Sagicor Select Financial Fund 15.7 percent with 1.46 million units and Transjamaican Highway controlled 14 percent after an exchange of 1.31 million units.
Trading averaged 186,829 units at $859,293, compared to 264,717 shares at $2,753,192 on Wednesday. Trading month to date averages 167,373 units at $1,427,454, in contrast to 164,075 units at $1,523,753 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and seven stocks with lower offers.
At the close, Barita Investments fell $2.54 to $80.04 with 80,211 shares crossing the market, Caribbean Cement slipped 90 cents to $94 in trading 11,549 units, Eppley Caribbean Property Fund declined $3.84 to $41.16 with 490 stock units changing hands. GraceKennedy shed $2.03 to $101.95 in transferring 13,465 units, Guardian Holdings declined $9 to close at the lowest price since listing this year to close at $616 with the swapping of 1,199 shares, Jamaica Broilers gained 39 cents to end at $36.39 with an exchange of 2,294 stock units. Jamaica Stock Exchange fell 25 cents to $17.10 in exchanging 24,066 stocks, JMMB Group rose 93 cents to $38.20 in switching ownership of 28,368 units, Mayberry Investments declined $1.40 to $5.60 with 44,711 shares clearing the market. Mayberry Jamaican Equities gained 25 cents to close at $9.20 after exchanging 2,000 units, MPC Caribbean Clean Energy rose 80 cents to $137.80 in trading 4 stock units, Palace Amusement plunged $105.24 to $1,033.76, with a transfer of 10 shares. PanJam Investment shed 94 cents to end at $63.05 after 7,828 stocks crossed the market, Proven Investments fell 59 cents to $34.41 in exchanging 1,507 stock units, Radio Jamaica gained 15 cents to close at $2.15, with 1,690,453 share changing hands, Sagicor Group spiked $1.04 to $57.90 with 124,380 shares clearing the market and Scotia Group fell $1.40 to $39.80 in trading 2,942 stock units.

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

Main Market drops

Trading ended Wednesday with the market major indices dropping after an exchange of 135 percent more shares valued 473 percent greater than on Tuesday and leading to 48 securities changing hands compared to 50 on Tuesday and 21 stocks rising, while 23 declined and four closed unchanged at the close of the Main Market of the Jamaica Stock Exchange.
At the close, the All Jamaican Composite Index plunged 1,490.87 points to 455,894.84, the Main Index dived 1,960.9  points to 416,088.17 and the JSE Financial Index lost 0.68 points to settle at 101.74.
The PE Ratio, a measure that determines appropriate stock values, averages 16.6 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 12,706,408 shares trading for $132,153,212 versus 5,409,606 units at $23,077,314 on Tuesday. Wigton Windfarm led trading with 25.1 percent of total volume for an exchange of 3.19 million shares followed by JMMB Group 16.9 percent, with 2.15 million, Radio Jamaica cornered 16.3 percent for 2.08 million units, Transjamaican Highway controlled 13.5 percent, with 1.71 million units and Sagicor Select Financial Fund 7.9 percent accounted for 1 million units changing hands.
264,717 units at $2,753,192, up from 108,192 shares at $461,546 on Tuesday. Trading month to date averages 164,075 units at $1,523,753, compared to 144,517 units at $1,284,834 on Tuesday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments fell 41 cents to $82.58 with 25,585 shares crossing the market, Eppley rose $2.17 to $40.45 in exchanging 36 units, Eppley Caribbean Property Fund spiked $3.83 to $45 in trading 5,200 shares. First Rock Capital shed 40 cents to $13.60 after 15,372 stocks crossed the market, GraceKennedy rose 98 cents to $103.98 with an exchange of 7,128 stock units, Guardian Holdings declined $5 to end at a closing low of $625 with 10,619 units clearing the market. Jamaica Broilers lost 40 cents at $36 in swapping 9,095 shares, Jamaica Producers slipped 40 cents to $23.50 in an exchange of 843 stock units, Jamaica Stock Exchange popped 25 cents to $17.35 with the swapping of 9,015 stocks, Kingston Properties fell 30 cents to $9.30 in trading 1,063 units. Kingston Wharves shed 24 cents to close at $47.76 with an exchange of 6,338 shares, Mayberry Investments spiked $1.50 to end at $7 in exchanging 72,196 units. NCB Financial popped $2.90 to $135.50 with 32,146 stock units changing hands, Palace Amusement dropped $11 to $1,139 with a transfer of two shares. Sagicor Group rallied 81 cents to $56.86 in an exchange of 10,978 stocks, Seprod shed 90 cents to close at $69 with the trading of 8,692 stock units, Supreme Ventures slipped 95 cents to $19, with 81,840 shares clearing the market and Wisynco Group gained 29 cents to close at $15.95 after exchanging 949,997 stock units.

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

Funds chasing stocks plunged on Tuesday

Funds chasing after stocks tumbled big time at the close of market activity on Tuesday, with the market rising modestly after the volume of shares exchanged fell 46 percent with the value plunging 71 percent from Monday levels at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index rose 200.20 points to 457,385.71, the JSE Main Index popped 148.16 points to end at 418,049.14, and the JSE Financial Index shed 0.03 points to 102.42.
Trading ended with 50 securities similar to Monday, with 20 stocks rising, 19 declining and 11 remaining unchanged. The PE Ratio, a measure used to determine appropriate stock values, averages 16.4 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 5,409,606 shares trading for a mere $23,077,314 versus 9,969,713units at $73,681,632 on Monday. Transjamaican Highway led trading with 43.5 percent of total volume after trading 2.35 million shares followed by Sagicor Select Financial Fund with 9.7 percent for 522,144 units and Wigton Windfarm ended with 7.5 percent after exchanging 404,484 units.
Trading averaged 108,192 units at $461,546, compared to 199,394 shares at $1,473,633 on Monday. Trading month to date averages 144,517 units at $1,284,834, in contrast to 153,737 units at $1,493,790 on Monday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four stocks with lower offers.
At the close, Barita Investments shed 74 cents at $82.99 after exchanging 15,834 shares, Berger Paints rose 80 cents to $13.50 with 328 units crossing the market. Eppley dipped 72 cents to $38.28 in trading 1,338 stocks, GraceKennedy declined $1 to $103 with an exchange of 21,756 units, Jamaica Broilers popped 40 cents to $36.40 after 1,769 stock units crossed the exchange, Jamaica Producers jumped $1.90 to $23.90 in switching ownership of 3,548 stocks. Jamaica Stock Exchange lost 21 cents at $17.10 with 17,421 shares clearing the market, JMMB Group dipped 33 cents to $37.45 in exchanging 104,827 stock units, Mayberry Investments lost 45 cents to end at $5.50 in trading 25,790 units, Mayberry Jamaican Equities rallied 50 cents to $9 with a transfer of 7,750 shares, NCB Financial popped $1.39 to $132.60 with 8,482 stocks changing hands. Palace Amusement spiked $116.24 to $1,150 in switching ownership of 2 stock units, Pan Jam Investment rose 95 cents to $64 with an exchange of 700 stocks, Pulse Investments slipped 20 cents to $3.76 in transferring 238,941 shares, Sagicor Group dropped $2.45 to $56.05 with the swapping of 8,209 stock units, Salada Foods fell 25 cents to $7.75 in trading 80,748 shares. Scotia Group advanced $1.90 $41.20 after clearing the market of 4,197 shares, Seprod rose 88 cents to $69.90 in trading 5,876 stock units and Victoria Mutual Investments lost 20 cents to close at $5.80 with 22,233 stocks crossing the market.
In the preference segment, Eppley 7.5% preference share lost 25 cents in ending at $12.50 after exchanging 33 stocks and Eppley 8.25% rallied 39 cents to $6.49 in swapping ownership of 50 units.

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

Stocks pushed lower on Monday

After the close of the market or the Independence holiday on Friday, trading resumed on the Jamaica Stock Exchange on Monday, with 54 percent more stocks changing hands, with an exchange of 7 percent more funds passing through the market and resulted in a spirited decline in the market indices.
The All Jamaican Composite Index dropped 3,947.10 points to 457,185.51, the Main Index dived 3,831.32 points to 417,900.98 and the JSE Financial Index slipped 1.06 points to end at 102.45.
Trading ended with 50 securities compared to 49 on Thursday, with 16 stocks rising, 21 declining and 13 remaining unchanged. The PE Ratio averages 16.4 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 9,969,713 shares trading for $73,681,632 versus 6,485,437 units at $73,527,010 on Thursday. Wigton Windfarm led trading with 36.4 percent of total volume after an exchange of 3.63 million shares followed by Sagicor Select Financial Fund 13.6 percent with 1.35 million units and Transjamaican Highway 11.5 percent with 1.14 million shares, QWI Investments controlled 10.2 percent of the market, with 1.02 million units changing hands.
Trading averaged 199,394 units at $1,473,633, compared to 132,356 shares at $1,500,551 on Thursday. Trading month to date, averages 153,737 units at $1,493,790, in contrast to 138,207 units at $1,500,646 on Thursday. Trading for July averages 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints fell $1.04 to $12.70 after exchanging 200 shares, Eppley spiked 72 cents to $39 in an exchange of 1,254 units, First Rock Capital fell 32 cents to end at $14.05 in exchanging 292 stock units. GraceKennedy popped $6.25 to $104, with 228,414 shares crossing the market, Guardian Holdings shed $10 to $630 with the swapping of 10,588 stocks, Jamaica Producers declined $1 in closing at $22 trading 3,769 stock units. JMMB Group rallied 28 cents to close at $37.78, with 163,033 shares clearing the market, Kingston Wharves lost $1 to end at $48 while exchanging 2,388 units. Mayberry Jamaican Equities dropped 47 cents to $8.50 after trading 8,501 units, NCB Financial Group shed $6.29 to close at $131.21 after an exchange of 82,261 stock units. 138 Student Living rallied 65 cents to $5.10, with 64,807 shares changing hands, Palace Amusement dropped $28.24 to $1033.76, with an exchange of 8 stocks, Pulse Investments rose 21 cents in closing at $3.96 trading 214,612 stock units. Sagicor Group popped 55 cents to $58.50 in exchanging 7,219 shares, Salada Foods gained 20 cents ending at $8, with 5,912 stocks crossing the market. Scotia Group fell 20 cents to $39.30 in switching ownership of 202,916 stock units, Seprod dropped 98 cents to $69.02, with 1,945 units crossing the market, Stanley Motta spiked 69 cents to $5.99 after 4,878 stocks crossed the exchange and Sygnus Credit Investments rallied 72 cents to $15, with 73,359 shares changing hands.
In the preference segment Community & Workers Credit Union climbed 21 cents to $1.68, with 41 units crossing the exchange, Eppley 8.75% preference shares lost 18 cents ending at $7.30 in trading 200 stocks, JMMB Group 7.25% advanced 35 cents to close at $2.67 with the swapping of 14 units and JMMB Group 7.50% slipped 15 cents to 75 cents after exchanging 421,088 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market gives up early gains

Market activity ended on Thursday with the majority of stocks declining, overpowering those that advanced, with the volume of shares traded marginally different than on Wednesday on the Jamaica Stock Exchange Main Market.
At the opening of the market, the All Jamaican Composite Index rose to 465,388.11 points, within 90 minutes of the market opening, but the market was unable to d onto the gains at the close. In the end, the All Jamaican Composite Index declined 463.58 points to 461,132.61, the JSE Main Index gained 74.68 points to end at 421,732.30 and the JSE Financial Index lost 0.05 points to 103.51.
Trading ended with 49 securities compared to 46 on Wednesday, with 12 stocks rising, 27 declining and 10 remaining unchanged. The PE Ratio, a measure that determines appropriate stock values, averages 16.3 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 6,485,437 shares trading for $73,527,010 versus 6,341,667 units at $102,594,305 on Wednesday. Transjamaican Highway led trading with 19.3 percent of the total of 1.25 million shares followed by Wigton Windfarm 17.6 percent, with 1.14 million units and Radio Jamaica 12.5 percent with 809,342 units.
Trading averaged 132,356 units at $1,500,551, compared to 137,862 shares at $2,230,311 on Wednesday. Trading month to date averages 138,207 units at $1,500,646, in contrast to 141,133units at $1,500,693 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement advanced $1.99 to $94.99 after exchanging 32,538 shares, Eppley fell $1.72 to $38.28 with an exchange of 39 stocks. Eppley Caribbean Property Fund shed 83 cents to close at $41.17 after 510 units crossed the market, GraceKennedy declined $4.25 to $97.75 with the swapping of 60,620 shares, Guardian Holdings climbed $10 to $640 with 92 stocks crossing the market. Jamaica Broilers slipped 30 cents to $36 in trading 6,251 shares, Jamaica Producers fell 50 cents to close at $23 with 1,752 stock units changing hands, JMMB Group gained 50 cents in closing at $37.50 with a transfer of 206,612 shares, Kingston Properties dipped 29 cents to $9.50 in exchanging 1,000 stock units. Kingston Wharves rose $1.24 to $49 in trading 823 stocks, Mayberry Investments popped 24 cents to $5.90, with 32,943 units crossing the market, Mayberry Jamaican Equities spiked 27 cents to $8.97 in transferring 4,486 stocks. NCB Financial shed $1 to $137.50 with an exchange of 34,163 units, Palace Amusement popped $22 to $1,062 after 7 stocks cleared the market, PanJam Investment dipped 95 cents to $63.05 with the swapping of 10,963 stock units. Proven Investments lost 34 cents to settle at $34.95 in switching ownership of 15,264 units, Pulse Investments dipped 26 cents to $3.75 in trading 261,984 stock units, Sagicor Group spiked 95 cents to end at $57.95 after exchanging 224,934 shares. Salada Foods lost 20 cents to close at $7.80 with 9,199 units clearing the market. Scotia Group declined $2.50 to $39.50 in trading 646,232 shares, Seprod fell $1 to $70 after an exchange of 3,401 stock units, Supreme Ventures shed 50 cents in closing at $20 with 76,037 stocks changing hands and Sygnus Credit Investments slipped 52 cents to $14.28 with 75,437 stock units crossing the market.

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

Mixed fortune for JSE Main market

Market activity ended on Wednesday with mixed results after an exchange of 15 percent fewer shares, with a 131 percent greater value than on Tuesday on the Jamaica Stock Exchange Main Market leaving the market indices with mixed results at the close.
The All Jamaican Composite Index rose 170.16 points to 461,596.19, the JSE Main Index shed 189.24 points to end at 421,657.62 and the JSE Financial Index dipped 0.18 points to 103.56.
Trading ended with 46 securities down from 52 on Tuesday, with 16 stocks rising, 15 declining and 15 ending unchanged. The PE Ratio, a measure that computes an appropriate stock value averages 16.5 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 6,341,667 shares trading for $102,594,305 versus 7,489,347 units at $44,473,648 on Tuesday. Scotia Group led trading with 21.6 percent of total volume for an exchange of 1.37 million shares followed by Transjamaican Highway 18 percent with 1.14 million units and Wigton Windfarm 16.1 percent with 1.02 million units.
Trading averaged 137,862 units at $2,230,311, compared to 144,026 shares at $855,262 on Tuesday. Trading month to date averages 141,133 units at $1,500,693. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement rallied $1 to $93 in exchanging 2,758 shares, Eppley spiked $1.70 to $40 in switching ownership of 521 units, First Rock Capital rose 93 cents to $14.38 with 688 stock units changing hands, GraceKennedy climbed $4 to $102 in trading 30,011 units. Guardian Holdings dropped $20 to a 52 weeks’ low of $630 with the swapping of 29,390 stock units, JMMB Group slipped 40 cents to $37 in an exchange of 92,682 shares, Kingston Properties popped $1.29 to $9.79 with the transfer of 1,290 units. Mayberry Jamaican Equities lost 30 cents in closing at $8.70 in trading 3,500 stock units, MPC Caribbean Clean Energy spiked $7 to $137 in exchanging 1 share, NCB Financial fell $1.10 to $138.50 in exchanging 18,337 stocks. Proven Investments rose 38 cents to $35.29, with 6,916 units crossing the market, Pulse Investments picked up 21 cents to end at $4.01 in switching ownership of 435,468 stock units, Sagicor Group spiked $1 to $57 with 11,682 units crossing the exchange. Scotia Group popped $1 to $42 in trading 1,366,726 shares, Seprod fell $1 to $71 in an exchange of 3,804 stocks, Supreme Ventures gained 30 cents in closing at $20.50 with a transfer of 113,365 stock units. Sygnus Credit Investments popped 58 cents to $14.80 after exchanging 63,362 shares but after trading at a 52 weeks’ intraday low of $13.99 and Wisynco Group lost 22 cents to settle at $15.65 with 362,752 stocks crossing the market.
In the preference segment, Eppley 8.25% shed 40 cents to close at $6.10 in an exchange of 5,544 shares and JMMB Group 7.25% lost 20 cents in ending at $1.30 after ownership of 13,508 units was switched.
In the corporate Bond segment, Guardian Holdings 6.5% due 2025 rose 35 cents to close at 4103.51 after 5 million units were exchanged.

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

Strong rebound for Main Market on Wednesday

Market activity ended on Wednesday with the indices rebounding strongly after advancing stocks outnumbered declining ones, with the volume of shares traded up 5 percent, but the value dropped 44 percent lower than on Tuesday at the close of the Jamaica Stock Exchange Main Market.
At the close at trading, the All Jamaican Composite Index bolted 4,368.07 points to 460,028.45, the JSE Main Index climbed 3,966.51 points to end at 421,292.68 and the JSE Financial Index rose 1.49 points to 103.95.
Trading ended with 49 securities compared to 50 on Tuesday, with 21 stocks rising, 14 declining and 14 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averaged 16.5 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 14,440,911 shares trading for $97,082,889 versus 13,712,829 units at $174,075,107 on Tuesday. Transjamaican Highway led trading with 27.2 percent for an exchange of 3.93 million shares, followed by JMMB Group 7.5% preference share 24.3 percent, with 3.51 million units and Wigton Windfarm with 12.4 percent exchanging 1.79 million units.
Trading averaged 294,712 units at $1,981,283 compared to 274,257 shares at $3,481,502 on Tuesday. Trading month to date averages 325,554 units at $16,300,774, compared to 327,152 units at $17,042,482 on Tuesday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 16 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments fell $1.20 to $83.50 with the swapping of 3,683 shares, Berger Paints rose 64 cents to $13.74 with 29 stocks crossing the market, Caribbean Cement rallied 50 cents to $93.50 in trading 61,824 stock units. Caribbean Producers popped 30 cents to $4.85 with 41,147 shares changing hands, Eppley Caribbean Property Fund shed $1 to settle at $42 in transferring 545 units, GraceKennedy rose $1 to $100 in an exchange of 149,602 stocks. Guardian Holdings bolted $8 to $649 with the swapping of 11,460 stock units, Jamaica Producers gained 29 cents in closing at $22 after exchanging 5,000 shares, Jamaica Stock Exchange slipped 53 cents to $17.30, with the swapping of 3,117 units. JMMB Group lost 37 cents to settle at $37.88, with 59,540 stocks clearing the market, Kingston Wharves shed 34 cents to end at $47.66 with 5,080 stock units crossing the market, Mayberry Jamaican Equities popped 33 cents to $9 in exchanging 34,122 shares. NCB Financial Group rose 50 cents to $142 with 8,605 stocks clearing the market, Palace Amusement shed $1 to end at $1,020 in transferring 67 units, Scotia Group popped $2.01 to $41 after 325,790 stock units crossed the exchange and Supreme Ventures advanced $1.25 to $20.50, with 708,931 shares changing hands.
Guardian Holdings 2025 6.5% corporate bond traded 5 million units and rose 29 cents to $103.32.

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