Main Market stocks sip

Trading plunged on Wednesday with the volume of shares trading declining by 8 percent, but the value dropped 72 percent lower than Tuesday leading to an equal number of stocks rising and falling at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index declined 1,097.95 points to settle at 428,730.13, the Main Index fell 1,056.44 points to 388,038.97 and the JSE Financial Index shed 0.72 points to close at 94.62.
Trading ended with 45 securities compared to 50 on Tuesday, with 18 rising, 18 declining and nine ending unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 6,971,534 shares changing hands for $42,325,701 versus 7,587,100 units at $150,880,078 on Tuesday. Wigton Windfarm led trading with 68.2 percent of total volume for an exchange of 4.75 million shares followed by Sagicor Select Manufacturing & Distribution Fund with 9.2 percent for 643,197 units and Transjamaican Highway with 3.1 percent after trading 213,071 units.
Trading averages 154,923 units at $940,571, compared to 151,742 shares at $3,017,602 on Tuesday and month to date, an average of 408,016 units at $5,431,440, compared to 453,032 units at $6,230,211 on Tuesday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dipped 45 cents ending at $90 in switching ownership of 11,378 shares, Caribbean Cement shed $1.49 in closing at $75.99 after trading 42,732 stocks, Eppley advanced $2 to $38 in exchanging 439 stock units. First Rock Capital lost 60 cents to close at $10, with 19,949 units crossing the exchange, GraceKennedy gained 50 cents to end at $99 with a transfer of 55,967 units, Guardian Holdings fell $4 to $520 finishing with 3,104 shares changing hands. Jamaica Broilers advanced $1.19 to $30 with 11,382 stocks crossing the market, Jamaica Stock Exchange lost 40 cents to settle at $16.50 in exchanging 11,203 stock units, Kingston Properties fell 50 cents to $8.50 in transferring 1,010 stocks. Kingston Wharves popped $3 to close at $44 after trading 5,079 units, Palace Amusement dropped $35 to $995 trading 1 share, PanJam Investment rallied 60 cents to $68 with the swapping of 8,643 stock units. Proven Investments gained 34 cents in closing at $33.50 with 700 shares clearing the market, Sagicor Group shed $1.49 to end at $51 after exchanging 8,154 units, Salada Foods rose 33 cents to close at $6.35 in trading 292 stocks. Scotia Group declined $1.47 to $34.03 in an exchange of 37,793 stock units, Supreme Ventures spiked $1.19 to finish at $18.49 with 7,659 units changing hands, Sygnus Credit Investments dipped 49 cents to close at $15 in exchanging 86,031 stocks and Wisynco Group popped 26 cents in closing at $16.30 with 175,332 stock units crossing the market.
In the preference segmentJMMB Group 7.35% – due 2028 rose 31 cents to $3.48 in exchanging 5,693 shares.

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

JSE Main Market rises

Market activity ended on Tuesday, with the volume of shares trading sliding with 16 percent less funds entering the market than Monday and led to the Jamaica Stock Exchange Main Market enjoying a bounce in the market indices at the close.
The All Jamaican Composite Index gained 596.89 points to end at 429,828.08, the Main Index rallied 707.19 points to 389,095.41 and the JSE Financial Index climbed 0.33 points to settle at 95.34.
A total of 50 securities traded similar to market activity on Monday, with 16 rising, 21 falling and 13 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The JSE Main and USD Market PE ratios shown in the closing quote chart below utilize ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Trading ended with 7,587,100 shares changing hands for $150,880,078 versus 9,012,171 units at $158,576,454 on Monday. Transjamaican Highway controlled 24 percent of total volume to be the leading trade on Tuesday with 1.82 million shares, followed by JMMB Group accounting for 24 percent with 1.82 million units and Wigton Windfarm 14.3 percent with 1.08 million shares.
Trading averages 151,742 units at $3,017,602, compared to 180,243 shares at $3,171,529 on Monday and month to date, an average of 453,032 units at $6,230,211, compared to 527,241 units at $7,021,494 on Monday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicators hows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments popped 45 cents to end at $90.45 after trading 992 shares, Berger Paints lost 74 cents to $12.75 after 5,201 stocks crossed the exchange, Caribbean Cement popped $6.48 in ending at $77.48, with an exchange of 35,791 units. GraceKennedy dropped 39 cents to close at $98.50 with 64,392 stock units changing hands, Guardian Holdings gained $3 in closing at $524, with 107 stocks clearing the market, Jamaica Broilers fell $1.19 to $28.81 with the swapping of 10,002 units. Jamaica Producers rose 50 cents to $24.50 after trading 73,147 stock units, Kingston Wharves shed $1.50 to end at $41, with 31,546 shares changing hands, NCB Financial declined $1.21 after finishing at $120 with an exchange of 411,726 stocks. PanJam Investment spiked 90 cents in closing at $67.40 in switching ownership of 4,793 units, Proven Investments declined 34 cents to close at $33.16 in trading 11,958 shares, Sagicor Group advanced 63 cents to $52.49, with 4,085 stock units crossing the market. Seprod rallied $1.61 in closing at $65 while exchanging 45,460 stock units, Supreme Ventures lost 40 cents to end at $17.30 after exchanging 22,066 stocks and Wisynco Group fell 26 cents to $16.04 after trading 44,039 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market stocks drop to open week

Market activity ended on Monday, with the volume of shares trading rising 20 percent and the value ending 54 percent higher than on Friday on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining by a narrow margin.
The All Jamaican Composite Index declined 1,914.65 points to 429,231.19, the JSE Main Index dropped 1,558.17 points to end at 388,388.22 and the JSE Financial Index lost 0.42 points to close at 95.01.
Trading stirred 50 securities compared to 52 on Friday, with 19 rising, 17 declining and 14 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 9,012,171 shares changing hands for $158,576,454 versus 7,483,770 units at $102,978,128 on Friday. Carreras led trading with 27.5 percent of total volume for an exchange of 2.48 million followed by Wigton Windfarm 24.9 percent with 2.25 million units and Caribbean Cement took 12.9 percent with 1.17 million shares.
Trading averages 180,243 units at $3,171,529, versus 143,919 shares at $1,980,34 on Friday and for the month to date, trading averages 527,241 units at $7,021,494, compared to 640,639 units at $8,279,653 on Friday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Barita Investments shed 85 cents to close at $90 after exchanging 10,168 stocks, Berger Paints popped 74 cents to $13.49 in trading 441 units, Caribbean Cement fell $12 to close at $71 with the swapping of 1,166,242 shares. Caribbean Producers dipped 40 cents to finish at $9.95 in transferring 47,353 stock units, Eppley Caribbean Property Fund declined $3.50 to settle at $36.50 in switching ownership of 648 stocks, First Rock Capital gained 60 cents to close at $10.60 after trading 1,600 stock units. Kingston Wharves declined $1 to $42.50 with 25,300 shares changing hands, Margaritaville fell $1 to $14.50 with the swapping of 12,800 stock units, Mayberry Investments spiked 99 cents to end at $7.99 with 41,946 stocks crossing the market. NCB Financial shed $1.59 in closing at $121.21 with a transfer of 24,421 shares, 138 Student Living rallied $1.10 to $4.60, with 1,693 shares crossing the market, PanJam Investment fell $1.50 to $66.50 in an exchange of 78,298 units. Sagicor Group lost 54 cents to end at $51.86 in switching ownership of 1,587 stocks, Salada Foods shed 47 cents to finish at $6.03 with 31,500 stock units clearing the market, Scotia Group gained 50 cents after ending at $35.50 with 133,126 units changing hands and Supreme Ventures shed 30 cents to close at $17.70 with the swapping of 505 shares.
In the preference segmentEppley 7.25% rose 40 cents to $20.40 in switching ownership of 104,829 shares and JMMB Group 7.35% – 2028 shed 81 cents after ending at $3.17 after trading 3,454 stocks.

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

JSE Main Market index jumps

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Market activity ended on Friday with the volume and the value of shares trading declining 91 percent, respectively lower than on Thursday on the Jamaica Stock Exchange Main Market as declining stocks crowed out those rising.
The All Jamaican Composite Index clawed back 39 percent of Thursday’s loss by jumping 3,101.27 points to 431,145.84, the JSE Main Index advanced 1,523.01 points, pulling back 23 percent of Thursday’s fall to close at 389,946.39 and the JSE Financial Index fell 0.40 points to finish at 95.43.
Trading ended with 52 securities up from 50 on Thursday, with 15 rising, 21 declining and 16 left unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 7,483,770 shares changing hands for $102,978,128 versus 84,940,496 units at $1,131,398,700 on Thursday. Transjamaican Highway led trading with 24.9 percent of total volume with a transfer of 1.86 million shares, followed by Wigton Windfarm with 13 percent 974,341 units and JMMB Group 7.35% – 2028 with 7.4 percent after trading 556,634 units.
Trading averages 143,919 units at $1,980,349, versus 1,698,810 shares at $22,627,974 on Thursday and month to date, an average of 640,639 units at $8,279,653, down from 896,377 units at $11,522,859 on Thursday. November closed with an average of 233,949 units at $2,695,416.
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 declined $2 to $83 in trading 5,716 shares, GraceKennedy spiked 70 cents to $98.70 after trading 14,252 stocks, Guardian Holdings dropped $19 and ended at $521 with the swapping of 89 units. Jamaica Producers rallied 90 cents to $24 with 4,895 stock units crossing the market, Margaritaville fell $1.50 to $15.50 in switching ownership of 9,227 shares, Mayberry Investments shed 50 cents to end at $7 in transferring 201,029 units. NCB Financial advanced $1.80 in closing at $122.80 with 26,559 stocks changing hands, Proven Investments dipped 30 cents to close at $33.50 in trading 7,122 stock units, Scotia Group fell $2 to $35 with the swapping of 97,734 stocks and Seprod lost 61 cents after ending at $63.39 in switching ownership of 8,854 shares.
In the preference segmentJMMB Group 7.15% – due 2028 slipped 50 cents to settle at a 52 weeks’ low of $2.50 after 32,000 stock units crossed the exchange, JMMB Group 7.35% – 2028 rose 85 cents to a 52 weeks’ high of $3.98 in transferring 556,634 stock units and 138 Student Living preference shares shed 57 cents to end at $6 with 20 units changing hands.

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

JSE Main Market tumbles

Kingston Wharves had a hand in the clobbering the Jamaica Stock Exchange Main Market got on Thursday, with a block of 21.2 million units traded down to $36, some $2.50 lower than the last traded price on Wednesday. Elsewhere market activity ended with the volume of shares trading rising 1,419 percent and the value 3,391 percent higher than Wednesday as the number of stocks advancing and declining were equal.

Kingston Wharves traded 21 million shares.

The All Jamaican Composite Index plunged 7,919.02 points to 428,044.57, following the 1,705 points fall  Wednesday. The JSE Main Index dived 6,677.31 points, on top of the 2,730 points fall Wednesday, to 388,423.38 and the JSE Financial Index slipped 1.02 points to 95.83. A total of 50 securities traded down from 51 on Wednesday, with 21 rising, 21 declining and eight ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.8. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial year ending between the current year and August 2022.
A total of 84,940,496 shares traded for $1,131,398,700 versus 5,593,564 units at $32,410,085 on Wednesday. JMMB Group 7.5% led trading with 58.7 percent of total volume for an exchange of 49.89 million shares, followed by Kingston Wharves with 25 percent after trading 21.2 million units, JMMB Group 7.35% – 2028 accounted for 3.7 percent with 3.13 million units, Eppley Caribbean Property Fund delivered 3 percent after trading 2.51 million units, Transjamaican Highway accounted for 2.4 percent with 2.04 million units and Sagicor Group with 1.9 percent for exchange of 1.64 million units.
Trading averages 1,698,810 units at $22,627,974, versus 109,678 shares at $635,492 on Wednesday and month to date, an average of 896,377 units at $11,522,859November closed with an average of 233,949 units at $2,695,416.
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, Barita Investments rose 28 cents to $90.98 in trading 1,280 stocks, Berger Paints shed 75 cents to settle at $12.75 with an exchange of 817 stock units, Caribbean Producers rose 73 cents to $10.23 after 281,486 units crossed the market. Eppley lost 30 cents to end at $35.70 with a transfer of 30 stocks, First Rock Capital fell 62 cents to $10 in switching ownership of 63,368 shares, GraceKennedy declined $1 to $98 with an exchange of 781,515 units. Guardian Holdings popped $1 to close at $540 with the swapping of 1,803 stock units,Jamaica Broilers spiked $1.20 in closing at $30 after 6,355 stocks changed hands, Jamaica Producers shed $1.40 to finish at $23.10 in transferring 2,376 shares. Jamaica Stock Exchange slipped $1.20 to $16.80 after trading 3,676 units, Kingston Wharves rallied $5 to close at $43.50 in exchanging 21,199,599 stock units, after the bulk of the shares traded at $36. Mayberry Jamaican Equities rose 99 cents to $8.99, owners switching 600 stocks. 138 Student Living gained 39 cents in ending at $3.50 with 4,550 shares changing hands, Palace Amusement advanced $55 to $1,030 with two stock units clearing the market, PanJam Investment declined $1.97 to end at $68.01 in trading 414,053 units. Proven Investments gained 30 cents in closing at $33.80 with an exchange of 56,208 shares, Sagicor Group dipped 50 cents to $52.50 with the swapping of 1,640,433 stock units, Sagicor Real Estate Fund rallied 31 cents to $8.61 after exchanging 250 stocks. Scotia Group shed $1.50 to end at $37, with 6,656 shares crossing the market, Seprod gained 49 cents to settle at $64 in transferring 13,129 units, Stanley Motta gained 42 cents after ending at $5.67 in switching ownership of 1,368 stocks. Sygnus Credit Investments fell 48 cents to $15.31, with 25,551 units changing hands, Sygnus Real Estate Finance rose 51 cents to $16.01 after trading 1,023 stock units.
In the preference segmentEppley 7.50% preference share shed 90 cents to close at $6 in an exchange of 7,500 shares.

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

JSE Main Market trading in the dumps

Investors engaged in a lacklustre trading session to start trading for the first day of the final month of 2021 resulted in an exchange of 27 percent fewer shares value 76 percent less than Tuesday. With a mere $32 million trading on the Jamaica Stock Exchange Main Market and ended with declining stocks outnumbering those falling.
The All Jamaican Composite Index fell 1,704.80 points to 435,963.59, the JSE Main Index dived 2,729.98 points to 395,100.69 and the JSE Financial Index shed 1.43 points to end at 96.85.
Trading ended with 51 securities similar to Tuesday, with 16 rising, 20 declining and 15 left unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratios for the JSE Main and USD Market are based on earnings forecasts for companies with financial years ending between the current year and August 2022.
Trading ended with 5,593,564 shares changing hands for $32,410,085 versus 7,613,507 units at $134,588,814 on Tuesday. Transjamaican Highway led trading with 27 percent of total volume with a transfer of 1.51 million shares, followed by Wigton Windfarm with 21.6 percent after 1.21 million units traded and QWI Investments 10.5 percent, with 587,611 units changing hands.
Trading averaged 109,678 units at $635,492 down from 149,284 shares at $2,638,996 on Tuesday.  November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments rose 30 cents to $90.70 with an exchange of 4,183 shares, Caribbean Cement declined $7.50 in closing at $85 after transferring 12,346 stock units, Caribbean Producers lost 25 cents to finish at $9.50, trading 514,534 units. Eppley Caribbean Property Fund rose $2 to $40 with 149 stocks crossing the market, First Rock Capital shed 38 cents to end at $10.62 in exchanging 5,572 stock units, Guardian Holdings dipped $1 to $539 with the swapping of 56 units. Jamaica Broilers declined $2.20 to $28.80 after trading 5,170 stock units, Jamaica Producers rallied 50 cents to $24.50 in trading 73,215 shares, Jamaica Stock Exchange declined $1.15 to close at $18 in switching ownership of 2,764 stocks. Kingston Wharves fell $5.50 to $38.50 with 33,093 stock units changing hands, Margaritaville rose $1 to $17 with a transfer of 1,766 shares, Mayberry Jamaican Equities lost 50 cents to end at $8 in an exchange of 238,187 units. Palace Amusement popped $18 to close at $975 in trading 14 shares, PanJam Investment declined $3.78 in closing at $69.98 with 8,512 stocks clearing the market, Sagicor Real Estate Fund gained 30 cents to finish at $8.30 with the swapping of 2,581 stock units. Scotia Group spiked 75 cents to end at $38.50 with 36,434 units crossing the market, Seprod popped 31 cents to $63.51 in switching ownership of 7,381 shares, Supreme Ventures rallied 49 cents in closing at $17.99 and trading 16,389 stocks. Sygnus Credit Investments popped 59 cents to $15.79 in transferring 60,631 stock units, Sygnus Real Estate Finance shed 51 cents to close at $15.50 in trading 2,224 units and Wisynco Group dipped 43 cents to $16.50 with the swapping of 80,624 stocks.

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

Solid gains end November for JSE Main Market

Market activity ended on Tuesday with robust gains for the Jamaica Stock Exchange Main Market. The All Jamaican Composite Index jumped by 4,559.46 points to 437,668.39, just over 7,000 points below the close for October. The JSE Main Index surged 5,036.25 points to 397,830.67 and the JSE Financial Index rose 1.80 points to 98.28. The volume of stocks trading slipped at the close on Tuesday with the market ending, with rising stocks exceeding those decliners 2 to 1.
A total of 51 securities traded compared to 59 on Monday, with 24 rising, 12 declining and 15 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.8. The PE ratio for the JSE Main and USD Market quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading on hauled out 7,613,507 shares for $134,588,814 in contrast to 10,513,011 units at $104,608,393 on Monday. Transjamaican Highway led trading with 21.2 percent of total volume after transferring 1.62 million shares, followed by Jamaica Broilers with 14.3 percent and 1.09 million units and Wigton Windfarm 10 percent with an exchange of 762,810 units.
Trading averaged 149,284 units at $2,638,996 versus 178,187 shares at $1,773,024 on Monday and month to date, an average of 233,949 units at $2,695,416, versus 237,936 units at $2,698,072 on Monday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 20 stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments dipped 30 cents in closing at $90.40 after 14,398 shares crossed the market, Berger Paints fell $1.10 to $13.60 in an exchange of 653 units, Caribbean Cement climbed $9.40 to $92.50 in switching ownership of 306,290 stock units. Jamaica Broilers rallied $2.30 to close at $31 in trading 1,091,303 stocks, Jamaica Producers advanced $1.74 to end at $24 with the swapping of 178,959 units, Jamaica Stock Exchange rose $1.65 to finish at $19.15 in trading 117,911 stock units. JMMB Group popped 35 cents to close at $38.40 with 102,208 shares changing hands, Margaritaville fell $5 in closing at $16 with one stock unit crossing the market, PanJam Investment popped $9.21 to $73.76 in an exchange of 823 units. Sagicor Group shed $2 to close at $53 in transferring 533,923 stock units and Scotia Group gained 30 cents in ending at $37.75 with 3,505 stocks changing hands, Supreme Ventures rallied 19 cents in closing at $17.50 in switching ownership of 195,825 shares and Wisynco Group increased 22 cents to $16.93 trading 123,466 units.

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

Main Market rally not on solid ground

Market activity ended on Monday with the volume of shares trading rising 37 percent and the value climbing 33 percent higher than on Friday on the Jamaica Stock Exchange Main Market as rising stocks lagged those declining by a big margin of one to two.
The All Jamaican Composite Index rallied 643.07 points to settle at 433,108.93, the JSE Main Index advanced 1,574.06 points to 392,794.42 and the JSE Financial Index picked up 0.88 points to end at 96.48.
Trading ended with 59 securities, up from 50 on Friday, with 14 rising, 30 declining and 15 ending unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts computed by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 10,513,011 shares changing hands for $104,608,393 up from 7,647,903 units at $78,855,103 on Friday. Wigton Windfarm led trading with 32.7 percent of total volume with a transfer of 3.44 million shares, followed by Transjamaican Highway with 27.4 percent for 2.88 million units and JMMB Group 7 percent with 739,927 units changing hands.
Trading averages 178,187 units at $1,773,024, compared to 152,958 shares at $1,577,102 on Friday and month to date, an average of 237,936 units at $2,698,072, up from 241,379 units at $2,751,371 on Friday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments shed $1.44 to close at $90.70 with 7,999 stock units changing hands, Caribbean Cement declined $3.40 to $83.10, with 129,631 units clearing the market. Eppley Caribbean Property Fund advanced $4 to $38 in trading 98,020 stocks, Guardian Holdings spiked $20 to $540 with a transfer of 14 shares, Jamaica Broilers slipped 75 cents to end at $28.70 in exchanging 114,430 stock units. Jamaica Producers shed $1.69 to end at $22.26 with the swapping of 4,944 units, Jamaica Stock Exchange rallied 50 cents in closing at $17.50 with an exchange of 14,469 stocks, Mayberry Investments lost 45 cents to close at $7.55 with 66,400 stock units crossing the exchange. NCB Financial rose $1.64 to $120.94 in switching ownership of 49,909 stocks, 138 Student Living fell $1.58 in closing at $3.11 in exchanging 4,743 shares, Palace Amusement dropped $73 to $957 with 130 units crossing the market, PanJam Investment declined $8.45 to close at $64.55 in transferring 16,213 shares. Portland JSX spiked $1 in closing at $7.70 with the swapping of 797 stock units, Proven Investments lost 40 cents after ending at $33.40, with 2,064 stocks crossing the market, Sagicor Group popped $2.30 to end at $55 in an exchange of 486,386 units. Salada Foods dipped 40 cents to $6.50 with 19,775 shares changing hands, Scotia Group lost 52 cents to $37.45 in trading 27,687 units, Seprod shed 80 cents to end at $63.20 in switching ownership of 13 shares. Supreme Ventures fell 49 cents to $17.31 in an exchange of 8,575 stock units, Sygnus Credit Investments dipped 46 cents to close at $15.04 after clearing the market with 58,031 stocks and Wisynco Group lost 29 cents to $16.71 with 93,881 shares changing hands.
In the preference segment, Eppley 7.50% preference share rose 90 cents to end at $6.90 in trading 602 stock units and Productive Business Solutions 9.75% preference shares advanced $3 in closing at $104 with 17 units crossing the market.

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

Trading plunges on JSE Main Market

Market activity ended on Monday with the volume of shares trading declining modestly as the value plunged 69 percent below Friday trades at the close of the Jamaica Stock Exchange Main Market as rising stocks exceeded those falling, sending the market indices higher in the process.
The All Jamaican Composite Index surged 2,970.07 points to 430,207.92, the JSE Main Index climbed 2,743.08 points to 389,556.25 and the JSE Financial Index rose 0.65 points to end at 95.14.
Overall, 52 securities traded compared to 53 on Friday, with 20 rising, 18 declining and 14 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.4. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 8,605,350 shares changing hands for $61,182,683 versus 8,907,757 units at $199,296,925 on Friday. Transjamaican Highway led trading with 26.2 percent of total volume after a transfer of 2.26 million shares followed by Sagicor Select Manufacturing & Distribution Fund 23.6 percent, with 2.03 million units for 23.6 percent of the day’s trade and Sagicor Select Financial Fund with 11.7 percent after trading 1 million shares.
Trading averaged 165,488 units at $1,176,590, down from 168,071 shares at $3,760,319 on Friday and month to date, an average of 253,830 units at $3,057,633, versus 259,804 units at $3,184,829 on Friday. October averaged 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rallied 25 cents to $92.50 in exchanging 23,092 shares, Caribbean Cement advanced $1.50 to $79.50 after 127,950 stock units cleared the market, Caribbean Producers rose 69 cents to $9.30 in trading 395,498 units. First Rock Capital lost 29 cents to end at $10.70 with 65,160 stocks changing hands, GraceKennedy gained 35 cents in closing at $98.85 with the swapping of 119,221 shares, Guardian Holdings declined $4.30 to finish at $525 with 341 units crossing the exchange. Jamaica Broilers rallied $1.70 to end at $30.70 in switching ownership of 14,361 shares, Jamaica Producers popped $1.10 to $23.95 after exchanging 41,259 stock units, Kingston Properties fell 35 cents to $8.50 after a transfer of 2 stock units. Kingston Wharves fell $2 to $44 with an exchange of 89,079 stocks, Margaritaville declined $5.14 to $17.85, with 747 shares changing hands, NCB Financial popped 98 cents to $118 with a transfer of 58,400 units. PanJam Investment fell $2.50 to $67.50 in exchanging 100 stocks, Sagicor Group advanced $1.29 to $53.50 after trading 6,861 stock units, Scotia Group lost 30 cents in closing at $34 with the swapping of 86,295 units. Seprod shed 60 cents to close at $63.10 in switching ownership of 15,550 shares, Stanley Motta gained 32 cents to end at $5.82 in trading 1,000 stock units, Sygnus Credit Investments popped 32 cents to $15.98 after an exchange of 66,912 shares and Sygnus Real Estate Finance climbed 65 cents to $14.70 with 5,007 stocks changing hands.

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

Cement weights down JSE Main Market again

The Jamaica Stock Exchange Main Market suffered a second day of significant decline as Caribbean Cement’s price plunged again on Friday to sit at $78 after more than a million shares traded, with the price hitting $69, as investors sold the stock down, following disclosure that company is proposing to increase the payout to its Parent, by way of increased management and other fees, up to four percent of revenues. 
The All Jamaican Composite Index plunged 7,346.88 points, following Thursday nearly 5,000 points drop, to close the week at 427,237.85, and the lowest point since late-December last year. The JSE Main Index dived 6,433.10 points to 386,813.17 and the JSE Financial Index declined 1.26 points to end at 94.49.
Traded volume declined moderately as the value slipped 28 percent below Thursday trades as 53 securities changed hands compared to 51 on Thursday, with 20 rising, 21 declining and 12 ending unchanged.
The PE Ratio, a formula in computing appropriate stock values, averages 15.5. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 8,907,757 shares traded for $199,296,925 versus 8,679,973 units at $275,453,480 on Thursday. Caribbean Cement led trading with 15.6 percent of total volume with a transfer of 1.39 million shares, followed by Wigton Windfarm 10.8 percent with 958,831 units and JMMB Group 9 percent after trading 801,575 units.
Trading  averages 168,071 units for $3,760,31 compared to 170,196 shares at $5,401,049 on Thursday $3,184,829, compared to 266,594 units at $3,142,230 on Thursday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Caribbean Cement dropped $3, to close at $78 in trading 1,393,328 shares, Eppley dipped 50 cents to $35.50 in an exchange of 954 units. First Rock Capital rallied 66 cents to $10.99 after trading 20,699 stock units, GraceKennedy climbed 50 cents to $98.50 in transferring 164,304 shares, Guardian Holdings advanced $3.30 to $529.30 with 22,141 stock units crossing the market. Jamaica Broilers declined $2.90 to close at $29 with the swapping of 3,590 units, JMMB Group lost 25 cents in closing at $38.50 in switching ownership of 801,575 stocks, Key Insurance shed 37 cents to end at $4.03 with the trading of 27,718 stock units. Kingston Properties rallied 31 cents to $8.85 with an exchange of 1,176 units, Kingston Wharves rose $1 to $46 with 11,717 shares changing hands, Margaritaville advanced $2.47 in closing at $22.99, with 1,551 units crossing the exchange. NCB Financial shed 98 cents to end at $117.02 with an exchange of 42,468 stocks, 138 Student Living rose 70 cents to $4.70 in transferring 4,360 shares, PanJam Investment lost 50 cents to close at $70 after exchanging 17,794 units, Portland JSX fell 89 cents to $6.61 with 500 shares clearing the market. Radio Jamaica lost 26 cents to close at $3.06 in switching ownership of 689,952 stock units, Sagicor Group shed 64 cents in ending at $52.21 while trading 103,931 shares, Seprod popped 65 cents to finish at $63.70 after exchanging 2,252 stocks. Supreme Ventures rose $1.48 to $18.48 with 66,957 units changing hands and Sygnus Real Estate Finance declined $1.93 to $14.05 after 1,700 stock units crossed the market.

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