NCB Financial Montego Bay branch

Prices of Grace Kennedy and NCB Financial Group suffered sharp declines followed by Jamaica Broilers and Kingston Wharves and helped to knock several thousand points off the major indices of the Jamaica Stock Exchange on Wednesday.
At the close, the JSE All Jamaican Composite Index plummeted 9,959.24 points to close at 544,729.83, the JSE Market Index plunged 9,002.01 points to 496,049.50 and the JSE Financial Index declined 2.42 points to 134.77.
The market closed with 46 securities changing hands in the Main and US dollar markets with the prices of 13 advancing, 21 declining and 12 trading firm. The JSE Main Market activity ended with 41 securities accounting for 49,953,294 units at $104,735,667 in contrast to 25,370,029 units valued at $66,307,015 from 36 securities on Tuesday.
Sagicor Select Financial Fund dominated trading with 36.3 million shares for 73 percent of total volume, followed by JMMB Group 7.5% with 5 million units for 10 percent of the day’s trade, and Wigton Windfarm with 2.9 million shares for 6 percent of the market’s volume. Other stocks trading more than one million units were Sagicor Select Manufacturing & Distribution Fund with 2.2 million shares and QWI Investments with 1.7 million units.
The Market closed with an average of 1,218,373 units valued at an average of $2,554,528 for each security traded, in contrast to 704,723 units for $1,841,862 on Tuesday for each security changing hands. The average volume and value for the month to date amounts to 535,146 units for $2,218,923 for each security crossing the exchange, compared to 463,503 units valued at $2,179,721 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 18.7, while the Main Market ended at 19.4 times the 2019 earnings.
In the prime market, Barita Investments gained 50 cents to settle at $74 trading 4,241 units, Caribbean Cement climbed $4.45 to end at $73.45, with 29,398 shares changing hands, Eppley Caribbean Property Fund closed $1 higher to $37.02 after transferring 610 shares. Grace Kennedy dropped $5.01 to $71 in exchanging 20,194 shares, Jamaica Broilers closed $2.79 lower to $36.11, after swapping 10,149 shares. Jamaica Producers Group climbed $1.49 to settle at $25.50, in trading 2,247 shares, JMMB Group lost $1.25 to close at $46.75, with 95,804 units changing hands. Kingston Wharves ended at $56.02, after losing $2.48 in trading 1,501 shares, Mayberry Jamaican Equities gained 54 cents to close at $11.85, in swapping 9,302 units, NCB Financial Group tumbled to $193.50, with a loss of $4.50 after transferring 97,143 shares. PanJam Investment closed $1.50 lower to $100.50 while exchanging 2,500 units, Pulse Investments gained 55 cents to close at $7, with 22,670 units changing hands. Sagicor Group lost $1 to end at $69, in swapping 52,139 shares, Seprod closed $1.06 lower to $48.94 trading 12,584 shares, Sygnus Credit Investments gained 50 cents in transferring 38,791, to end at $27. Victoria Mutual Investments climbed $1 to a record $11, with an exchange of 341,192 shares and Wisynco Group closed 50 cents lower to $22 in swapping 319,531 shares.
Trading in the US dollar market ended with 220,522 units valued US$77,797. The market index lost 1.49 points to close at 232.45. Proven Investments traded 104,624 units, gaining half of 1 US cent to close at 0.325 US cents, Sterling Investments swapped 10,000 units at 3 US cents and Sygnus Credit Investments lost 3.7 US cents in exchanging 73,431 shares to end at 14.3 US cents. JMMB Group 6% preference closed at US$1, after falling just under half of one US cent in trading 32,467 shares.

Jamaica Stock Exchange.

The Main Market of the Jamaica Stock Exchange suffered a sharp increase in the number of stocks declining, with the leading indices enjoying marginal gains on Monday, following the tumultuous dive on Friday.
At the close, the JSE All Jamaican Composite Index advanced 424.97 points to close at 553,085.25, the JSE Market Index gained 346.27 points to 503,682.78, and the JSE Financial Index rose 0.30 points to 136.33.
The market closed with 47 securities changing hands in the Main and US dollar markets with the prices of 10 advancing, 24 declining and 12 trading firm. The JSE Main Market activity ended with 38 securities accounting for 12,661,713 units valued at $111,971,239 in contrast to 28,514,298 units valued at $143,131,830 from 38 securities on Friday.
Wigton Windfarm dominated trading with 4.1 million shares for 33 percent of total volume. Sagicor Select Financial Fund followed with 2.6 million units for 21 percent of the day’s trade and Sagicor Select Manufacturing & Distribution with 1.4 million shares for 11 percent of the market’s volume.
The Market closed with an average of 301,469 units valued at an average of $2,665,982 for each security traded, in contrast to 750,376 units valued at an average of $3,766,627 on Friday. The average volume and value for the month to date amounts to 439,042 units valued at 2,218,333 for each security changing hands, compared to 457,502 units valued at $2,149,464 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and two with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times the 2019 earnings.
In the prime market, Barita Investments lost 35 cents, in ending at $73.50 and trading 9,963 units, Berger Paints settled at $16.51, after losing 49 cents exchanging 2,300 shares, Caribbean Cement dropped $1.50 to end at $73.50, with 108,257 stock units changing hands. Eppley Caribbean Property Fund closed $4.49 lower to $36.01 after transferring just 1,577 shares, Grace Kennedy gained $1 trading 319,335 units to end at $77, Jamaica Broilers closed at $39.40, with gains of 40 cents in swapping 42,036 stock units. Jamaica Producers Group dropped $1.06, falling to $26.40 with an exchange of 2,336 shares, JMMB Group closed $2.39 lower at $46 in trading 468,667 units. Kingston Wharves ended at $58.50, after losing $2.40 exchanging 12,340 shares, MPC Caribbean Clean Energy settled at $215, having gained $5 with 100 units trading. NCB Financial Group declined $3.50 to $195, after falling $3.50 transferring 44,755 shares, Pulse Investments added 44 cents to close at $6.89, with 361,956 units changing hands, Sagicor Group lost 40 cents to end at $69.60 in swapping 68,386 shares. Salada Foods gained $2 to close at $32, with an exchange of 10,716 units, Scotia Group rose $3.94 to $55, after trading 17,152 shares, Seprod lost 90 cents to close at $50, with 26,085 units changing hands. Sygnus Credit Investments lost 50 cents to settle at $26.50 in swapping 49,904 shares, Wisynco Group ended 50 cents higher at $22.50, with an exchange of 281,294 shares and in the preference sector, 138 Student Living lost 50 cents in trading 100 stock units to close at $5.50.
Trading in the US dollar market ended with 32,903 units valued at US$11,906. The market index advanced 8.56 points to close at 238.40. Proven Investments traded 20,698 units, after losing 2 US cents to close at 33 US cents. Sygnus Credit Investments gained 4 US cents with 8,700 shares changing hands and ended at a record high of 18 US cents and Sterling Investments ended at 3 US cents, with 200 units changing hands. JMMB Group 6% preference share lost 1 US cent to close at US$1.04 while exchanging 3,305 units.

Scotia Group dived $7.64, Caribbean Cement shed $5 and Sagicor Group dropped $2.90 to inflict significant damage to the Main Market of the Jamaica Stock Exchange as the leading indices nosedived on Friday.
At the close of trading, the JSE All Jamaican Composite Index tumbled 7,438.02 points to close at 552,660.28, the JSE Market Index declined 6,748.39 points to 503,336.51 and the JSE Financial Index dropped 1.70 points to 136.03.
The market closed with 41 securities changing hands in the Main and US dollar markets with the prices of 11 stocks advancing, 18 declining and 15 trading firm. The JSE Main Market activity ended with 38 securities accounting for 28,514,298 units valued at $143,131,830 in contrast to 23,950,566 units valued at $50,135,329 from 42 securities on Thursday.
Wigton Windfarm dominated trading with 17.8 million shares for 62 percent of total volume, followed by Sagicor Select Financial Fund with 4.6 million units for 16 percent of the day’s trade and Sagicor Select Manufacturing & Distribution with 1.5 million shares for 5 percent of the market’s volume. Other stocks trading more than one million units were Wisynco Group with 1.14 million and Scotia Group with 1.03 million.
The market closed with an average of 750,376 units valued at an average of $3,766,627 for each security traded, in contrast to 570,252 units valued at an average of $1,193,698 on Thursday. The average volume and value for the month to date amounts to 457,502 units valued at $2,149,464 for each security changing hands, compared to 417,032 units valued at $1,887,966 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and two ending with lower offers. The PE ratio of the market ended at 19.7, while the Main Market ended at 19 times the 2019 earnings.
In the prime market, Barita Investments gained $1.49 to close at $73.85, exchanging 21,976 units, Berger Paints lost 90 cents to settle at $17 after trading 4,600 shares, Caribbean Cement closed $5 lower to $75, after swapping 17,799 shares. Eppley Caribbean Property Fund dropped 55 cents, ending at $40.50 with 4,190 shares changing hands, Jamaica Broilers settled at $39, after losing $1 and trading 54,968 shares. Jamaica Producers Group added $1.46, rising to $27.46 with an exchange of 25,359 shares, Jamaica Stock Exchange lost 43 cents transferring 78,794 units to end at $27.95, Mayberry Investments gained 55 cents after swapping 1,216 units to end at $9. NCB Financial Group closed at $198.50, after declining 99 cents exchanging 9,368 shares. PanJam Investments fell by $1 in settling at $100 and trading 126,030 shares, Pulse Investments closed 80 cents lower at $6.45, with 179,044 units changing hands. Sagicor Group dropped $2.90 to end at $70 in swapping 63,645 shares, Salada Foods dropped to $30, with a loss of $5 in exchanging a mere 365 shares, Scotia Group dived $7.64 to $51.06 with 1,033,100 shares changing hands, Seprod gained 40 cents to close the day’s trade at $50.90, with 7,100 units changing hands. Sygnus Credit Investments ended 60 cents higher to settle at $27 after transferring 740 shares and Wisynco Group lost 75 cents to close at $22, with an exchange of 1,144,580 shares.
Trading in the US dollar market ended with 109,671 units valued at over US$31,294. The market index declined 6.12 points to close at 229.84. Margaritaville remained unchanged at 35 US cents, with 46 units changing hands, Proven Investments traded 87,660 units and lost 2 US cents to close at 35 US cents and Sygnus Credit Investments exchanged 21,965 shares at 14 US cents.

The main market of the Jamaican Stock Exchange pulled back at the end of trading on Wednesday with large declines in the major indices as declining stocks bettered advancers.
At the close, JSE All Jamaican Composite Index dived 4,053.80 points to 556,971.46. The JSE Market Index dropped 3,730.51 to close at 507,274.10 while the JSE Financial Index declined by 0.90 points to close at 137.27.
The market closed with 41 securities changing hands in the Main and US dollar markets, with the prices of 13 advancing, 18 declining and 10 stocks remaining unchanged. The JSE Main Market activity ended, with 39 securities accounting for 14,950,690 units, valued $64,523,919 in contrast to 16,653,296 units valued $85,713,471 from 40 securities on Tuesday.
Sagicor Select – Financial Fund dominated trading, with 6.4 million shares and 43 percent of shares traded followed by Wigton Windfarm with 3.9 million units for 26 percent of the day’s trade and QWI Investments with 1.3 million shares for 9 percent of the market share.
The Market closed with an average of 383,351 units valued at an average of $1,654,459 for each security traded. In contrast to 416,332 units for an average of $2,142,837 on Tuesday. The average volume and value for the month to date amounts to 470,120 units valued at $2,039,050 for each security changing hands, compared to 492,094 units valued at $2,136,446 for each security crossing the exchange. Trading in December resulted in an average of 595,143 units for $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending, with bids higher than their last selling prices and two closing, with lower offers. The PE ratio of the market ended at 19.5, with the Main Market ending at 18.9 times the current year’s earnings.
In the prime market, Caribbean Cement dropped 99 cents to end at $79.01 with the trading of 1,725 units, Eppley gained $1 to close at $15 after exchanging 5,631 shares, while Eppley Caribbean slipped $2 to settle at $42 with 6,150 stock units changing hands. Grace Kennedy climbed by $2 to end at $75 with 31,941 units crossing the exchange, Jamaica Broilers fell 50 cents to $39 with 6,535 units changing hands, Jamaica Producers lost $3 to end at $24, with 9,544 stock units traded. Kingston Wharves shed 49 cents to end at $58.01 with 8,707 units crossing the exchange. Mayberry Investments climbed $1.35 in trading 110,497 shares to end at $9.60, while Mayberry Equities declined by 34 cents to finish at $11.66 with 25616 units changing hands, NCB Financial lost 50 cents trading 30,048 shares to close at $199.50. Proven Investments advanced by $1 to settle at $47 with a swap of 21,765 shares, Pulse Investments rose by 80 cents to end at weeks’ high of $7.30 with 188,204 units changing hands, Sagicor Group lost $2.50, trading 64,171 shares to end at $70.50. Sagicor Property Fund picked up 59 cents to close at $9.99 with an exchange of 15,176 stock units, Scotia Group lost $2 to close at $55 with 218,266 units crossing the exchange and Seprod declined by 50 cents to end at $50.50 with 46,978 shares transferred.
Trading in the US dollar market closed with 218,858 valued at over US$36,018. The market index gained 2.41 points to close at 228.37. Proven Investments picked up 1 cent to close at 33 US cents with 28,500 stock units changing hands while Sygnus Credit Investments closed at 14 cents in trading 190,358 shares.

Trading remains buoyant on the Main Market of the Jamaica Stock Exchange on Tuesday, with market activities accounting for 40 securities changing hands, compared to 39 listings trading on Monday.
A total of 42 securities traded in the Main and US dollar market, with prices of 18 advancing, 12 declining and 13 stocks holding firm.
The JSE Main Market activity ended, with 16,653,296 shares, valued $85,713,471 in contrast to 9,751,709 units for $42,684,443 on Monday.
At the close, JSE All Jamaican Composite Index gained 1,282.80 points to 561,025.26. The JSE Market Index gained 1,172.75 points to close at 511,004.61 and the JSE Financial Index advanced by 0.24 points to close at 138.17.
Sagicor Select – Financial Fund dominated trading, with 8.95 million shares for 54 percent of stock traded. Wigton Windfarm ended with 2.67 million units for 16 percent of the day’s trade and Sagicor Select – Manufacturing & Distribution Fund ended with 1.67 million shares for 10 percent of market share.
The Market closed with an average of 416,332 units valued at an average of $2,142,837 for each security traded. In contrast to 250,044 units for an average of $1,094,473 on Monday. The average volume and value for the month to date amounts to 492,094 units valued at $2,136,446 for each security changing hands, compared to 518,678 shares at $2,134,204 for each security crossing the exchange. Trading in December resulted in an average of 595,143 units for $9,344,514 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending, with bids higher than their last selling prices with three closing, with lower offers. The PE ratio of the market ended at 19.5, with the Main Market ending at 18.9 times the current year’s earnings.
In the prime market, Caribbean Cement dropped $4.50 to end at $80 in exchanging 44,797 stock units, Eppley lost $1 to close at $14, after trading 1,000 shares, Grace Kennedy fell $2 to end at $73 with 40,362 units crossing the exchange. Jamaica Broilers lost $1 to settle at $39.50, with 2,827 units changing hands, Jamaica Producers surged $3 to end at $27, with just one stock unit traded, Kingston Wharves shed $2.50 to end at $58.50 with 2,086 units changing hands. Mayberry Jamaican Equities lost $1 to end at $12 in trading 4,210 units, NCB Financial fell 50 cents in exchanging 38,025 to close at $200. Palace Amusement dropped by $110 to close at $2,790 after trading 75 units. Pan Jam Investment lost $1 with a transfer of 2,580 shares to end at $102. Proven Investments dropped 50 cents in exchanging 109,704 units to close at $46. Sagicor Group gained $3, trading 52,770 shares to end at $73, while Sagicor Property Fund lost 84 cents to end the day at $9.40 with 4,329 stock units changing hands. Salada Foods declined by $1.30 to close at $36.20 with 752 units crossing the exchange, and Seprod lost $1 to end at $51 with the transfer of 18,616 shares.
Trading in the US dollar market closed with 2,419,101 valued at US$758,577. The market index declined by 0.48 points to close at 225.96. Proven Investments held firm at 32 US cents with 2,178,000 stock units trading while Sygnus Credit Investments fell by 1.1 cents to trade 91,101 units at 14 US cents.