Slippage for JSE US Market on Wednesday

Tuesday’s rally was short-lived for the JSE USD market, with the market Index dropping 8.60 points to settle at 185.77 points on Wednesday, into negative territory for the year, after six securities changed hands versus seven on Tuesday and ended, with two stocks rising, one declining and three closing unchanged.
The PE Ratio, a measure that computes an appropriate value of stocks, averaged 11.7 based on ICInsider.com’s forecast earnings for 2021-22.
A total of 132,046 shares traded for US$23,136 versus 127,924 units at US$32,789 on Tuesday.
Trading averaged 22,008 units at US$3,856, compared to 18,275 shares at US$4,684 on Tuesday. Month to date averages 19,998 units at US$4,302. July ended with an average of 178,541 units for US$18,099.
 Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and two with lower offers.
At the close, Proven Investments spiked 1.94 cents to 24.98 US cents with 5,102 shares passing through the market, Sterling Investments remained at 2.15 US cents with a transfer of 13,589 stocks, Sygnus Credit Investments finished at 13 US cents with 963 stock units traded and Transjamaican Highway fell 0.14 of a cent to 0.78 US cents with 101,550 shares crossing the exchange.
In the preference segment, JMMB Group 5.75% climbed 3 cents to US$2.05 with investors switching ownership of 9,342 units and JMMB Group 6% closed at US$1.03 with 1,500 shares changing hands.

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.

JSE USD market rallies into August

 The JSE USD Equity Index climbed 7.62 points to 194.37 to start off the new month on a positive note on Tuesday, as the market builds on gains made on Friday to close out the old month after an exchange of 43 percent fewer shares than on Friday, with the value falling 50 percent.
Seven securities changing hands up from four on Friday, with the prices of three stocks rising,  three declining and one ending unchanged.
The PE Ratio, a measure that computes appropriate values for stock, averages 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading accounted for 127,924 shares changing hands for US$32,789 down from 224,358 units at US$65,431 on Friday.
Trading averaged 18,275 units at US$4,684, compared to 56,090 shares at US$16,358 on Friday. July ended with an average of 178,541 units for US$18,099.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital rose 0.01 of a cent to 7.26 US cents after trading 45,850 shares, Margaritaville settled at 9 US cents with 20 stocks changing hands, Productive Business Solutions fell 3 cents to 77 US cents with a transfer of 194 units. Proven Investments lost 1.96 cents to close at 23.04 US cents with 75,056 shares passing through the market,  Sygnus Credit Investments popped 1 cent to 13 US cents with 1,504 units traded and Transjamaican Highway climbed 0.17 of a cent to 0.92 US cents with 100 stock units crossing the exchange.
In the preference segment, JMMB Group 5.5% shed 30 cents to close at US$2 with 5,200 shares changing hands.

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

Negative August start for JSE Majors

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Stocks started off with losses in the Main Market indices on Tuesday to commence the new month with declining stocks outclassing rising ones more than two to one, with an exchange of 56 percent fewer shares valued 82 percent less than in trading on Friday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 2,057.62 points to end at 461,426.03, the JSE Main Index fell 2,288.15 points to 421,846.86 and the JSE Financial Index slipped 0.74 points to 103.74.
Trading ended with 52 securities compared to 48 on Friday, with 11 rising, 25 declining and 16 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.2 based on ICInsider.com forecast of 2021-22 earnings.
The market closed with 7,489,347 shares trading for $44,473,648 versus 16,885,082 units at $243,553,449 on Friday. Transjamaican Highway led trading with 21.3 percent of total volume after exchanging 1.60 million shares followed by Wigton Windfarm 20.3 percent, with an exchange of 1.52 million units, QWI Investments controlled 16.8 percent of the market with 1.26 million units and Sagicor Select Financial Fund 14.4 percent after 1.08 million units changed hands.
Trading averaged 144,026 units at $855,262, compared to 351,773 shares at $5,074,030on Friday. Trading for 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 three with lower offers.
At the close, Barita Investments spiked 90 cents to $83.90 in trading 1,918 units, Caribbean Cement declined $2.99 to close at $92 with the swapping of 13,745 stock units, Eppley fell $1.70 to $38.30 in switching ownership of 1,891 stocks, Guardian Holdings rallied $1 to $650 in transferring 317 shares, after hitting a 52 weeks’ low of $630. Jamaica Broilers rose 77 cents to $36.40 after 14,855 stocks cleared the market. Jamaica Producers lost 20 cents ending at $23.50 with 8,274 units changing hands, Jamaica Stock Exchange dipped 39 cents to $17.40 with the swapping of 14,293 shares, Kingston Wharves shed $1.24 to finish at $47.76 with an exchange of 4,660 stocks. Margaritaville slipped 42 cents to $14.08 with 60 units crossing the market, NCB Financial dropped $2.40 to $139.60 in transferring 44,860 stock units, Palace Amusement dived $10 to $1,040 in an exchange of 97 units. PanJam Investment shed $1 to close at $64 in trading 3,648 stocks, Pulse Investments fell 20 cents to $3.80 with 20,645 shares clearing the market. Sagicor Group shed $2 to settle at $56 with 71,600 stocks changing hands, Scotia Group fell $1 to $41 after crossing the exchange with 9,844 units, Stanley Motta shed 45 cents at $5.30 with a transfer of 38,239 stocks, Supreme Ventures popped 20 cents to $20.20 in trading 27,025 units and Sygnus Credit Investments lost 28 cents to close at $14.22 in switching ownership of 30,162 stocks.
In the preference segment, Eppley 8.25% gained 40 cents to close at $6.50 in an exchange of 718 shares.

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

Mixed trading for JSE Main Market

On the penultimate trading day of July, market activity ended with mixed on Thursday, just one stock separating stocks rising and declining after an exchange of 18 percent fewer shares, with 41 percent higher value than on Wednesday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index added just 48.11 points to end at 460,076.56, the JSE Main Index shed 405.69 points to finish at 420,886.99 and the JSE Financial Index slipped 0.23 points to 103.72.
Similar to Wednesday, 49 securities traded, with 20 rising, 19 declining and 10 remaining unchanged. The PE Ratio, a measure that determines appropriate stock values, averages 16.5 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 11,830,600 shares traded for $136,776,530 versus 14,440,911 units at $97,082,889 on Wednesday. Transjamaican Highway led trading with 38.8 percent after 4.59 million shares changed hands, followed by Radio Jamaica 13.2 percent, with 1.56 million units and QWI Investments 9.1 percent after an exchange of 1.08 million units.
Trading averaged 241,441 units at $2,791,358, compared to 294,712 shares at $1,981,283 on Wednesday. Trading month to date averages 321,606 units at $15,666,712, in contrast to 325,554 units at $16,300,774 on Wednesday. June ended with an average of 249,610 units at $3,877,606.
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, Barita Investments rose $1.20 to end at $84.70 after exchanging 8,897 shares, Eppley popped $5.77 to $41.87 in trading 1,017 stocks, GraceKennedy lost 30 cents to finish at $99.70 in switching ownership of 117,507 stock units, Guardian Holdings shed $9 to $640 with the swapping of 3,932 units. Jamaica Broilers popped 49 cents to $36.49 in exchanging 6,875 shares, Jamaica Producers rallied $1.50 to $23.50 after transferring 1,500 units, Jamaica Stock Exchange rose 53 cents to $17.83 in trading 3,054 stocks. JMMB Group fell 48 cents to $37.40 with a transfer of 252,605 stock units, Kingston Properties gained 36 cents to end at $9.90 in switching ownership of 5,437 units. Mayberry Investments fell 20 cents to $5.70 in exchanging 11,932 stocks, NCB Financial declined $3 to $139 after 23,985 shares cleared the market. Palace Amusement popped $30 to close at $1,050 in switching ownership of 75 units, Pulse Investments lost 25 cents in closing at $3.76 with the swapping of 414,730 shares, Sagicor Group declined $1 to $55 with 57,606 stock units crossing the market, Scotia Group spiked 50 cents to $41.50 with 446 units clearing the market and Supreme Ventures shed 50 cents at $20 in switching ownership of 10,621 stocks.
In the preference segment, JMMB Group 7% rose 24 cents to $1.84 in trading 541 units.

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

JSE US Market crawls back on Thursday

Trading on the USD market closed on Thursday with an exchange of 59 percent fewer shares at 94 percent less value than on Wednesday, resulting in an even number of stocks rising and falling.
Trading ended with five securities changing hands, up from four on Wednesday, with the prices of two rising,  two declining and one remaining unchanged. The JSE USD Equity Index added 1.24 points to end at 186.73.
The PE Ratio, a measure that computes appropriate values of stocks, averaged 11.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 340,689 shares traded for US$8,870, down from 826,816 units at US$151,135 on Wednesday.
Trading averaged 68,138 units at US$1,774, compared to 206,704 shares at US$37,784 on Wednesday. For the month to date trading averages 182,914 units for at US$18,161 in contrast to 188,277 units at US$18,927 on Wednesday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ending, with the bid higher than the last selling price and three, with lower offers.
At the close, First Rock Capital dropped 0.6 of a cent to end at 7.2 US cents with an exchange of 26,683 shares, Proven Investments rose 2.47 cents to 25.48 US cents with 8,293 stocks traded, Sygnus Credit Investments lost 1 cent to end at 12 US cents with a transfer of 20,463 units and Transjamaican Highway ended at 0.75 US cents with 285,000 stock units crossing the exchange.
In the preference segment, JMMB Group 6% gained 6 US cents to US$1.09 with 250 shares changing hands.

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.

More losses for JSE USD on Wednesday

Trading on the USD market ended on Wednesday with the index slipping as investors exchanged 2,387 percent more shares than on Tuesday at 4,438 percent greater value, resulting in an even number of stocks rising and falling.
Trading ended with four securities changing hands, compared to five on Tuesday, with the prices of two stocks rising and two declining.
The JSE USD Equity Index lost 3.65 points to end at 185.49. The PE Ratio, a measure that computes appropriate stock values, averages 11.7 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 826,816 shares traded at US$151,135 up from 33,246 units at US$3,331 on Tuesday. Trading averages 206,704 shares at US$37,784, compared to 6,649 units at US$666 on Tuesday. Trading month to date averages 188,277 units at US$18,927 versus 187,562 units at US$18,195 on Tuesday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ended, with the bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital slipped 0.1 of a cent to 7.8 US cents with the transfer of 1,808 shares, Proven Investments gained 0.01 of a cent to end at 23.01 US cents with 584,904 units passing through the market, Sygnus Credit Investments rose 0.8 of a cent to 13 US cents, with 70,000 stocks changing hands and Transjamaican Highway fell 0.13 of a cent to 0.75 US cents, with 170,104 shares crossing the exchange.

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

JSE USD Market slips on Tuesday

Trading on the USD market ended on Tuesday with the market declining as investors transferred 92 percent fewer shares than on Monday for 78 percent less the value, resulting in more stocks falling than rising.
Trading ended with five securities changing hands, compared to six on Monday, with the prices of one stock rising and four declining.
 The JSE USD Equity Index fell 5.46 points to end at 189.14. The PE Ratio, a measure that computes appropriate stock values, averages 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 33,246 shares traded for US$3,331 compared to 412,152 units at US$15,255 on Monday.
Trading averaged 6,649 units at US$666, compared to 68,692 shares at US$2,542 on Monday. Trading month to date averages 187,562 units at US$18,195 versus 196,792 units at US$19,089 on Monday. June ended with an average of 87,444 units for US$6,162.
 Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than their last selling prices and three with lower offers.
At the close, First Rock Capital gained 0.74 of a cent to end at 7.9 US cents with 13,597 shares traded, Proven Investments dropped 2 cents to 23 US cents with an exchange of 4,332 stocks, Sygnus Credit Investments J$ denominated stock declined 0.7 of a cent to finish at 15.3 US cents with a transfer of 48 units. Sygnus Credit Investments US$ denominated stock fell 0.8 of a cent to 12.2 US cents with investors switching ownership of 10,250 stock units and Transjamaican Highway slipped 0.05 US of a cent to 0.88 of a US cent with 5,019 stocks crossing the exchange.

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

Declining stocks control on Tuesday

Declining stocks were the dominant feature of trading activity on Tuesday, with the market indices falling for a second consecutive day after almost twice the number of stocks declined than those gaining, with the volume of shares traded climbing 78 percent and the value rising 34 percent above Monday levels, at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index declined by 1,098.23 points to 455,660.38, the JSE Main Index dropped 1,177.18 points to end at 417,326.17 and the JSE Financial Index shed 0.31 points to close at 102.46.
Trading ended with 50 securities down from 51 on Monday, with the prices of 16 rising, 26 declining and eight remaining unchanged. The PE Ratio, a measure that determines the appropriate value stocks, averages 16.4 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 13,712,829 shares trading for $174,075,107, up from 7,709,340 units at $130,066,476 on Monday. Wigton Windfarm led trading with 15.7 percent of total volume for 2.15 million shares followed by Sagicor Select Financial Fund 12.5 percent, with 1.72 million units, Wisynco Group 12.5 percent, with 1.71 million units, Radio Jamaica 12.4 percent, after trading 1.70 million units and Transjamaican Highway 7.7 percent after exchanging 1.06 million units.
Trading averaged 274,257 units at $3,481,502, compared to 151,164 shares at $2,550,323 on Monday. Trading month to date averages 327,152 units at $17,042,482, in contrast to 330,103 units at $17,799,233 on Monday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments rose $1.20 to $84.70 with the swapping of 5,696 shares, Berger Paints shed $1.73 to finish at $13.10 after an exchange of 5,700 units, Caribbean Cement gained 50 cents to close at $93 in trading 22,003 stocks. Caribbean Producers lost 45 cents to settle at $4.55 in switching ownership of 408,848 stock units, Eppley declined $3.40 to end at $36.10 in transferring 787 units, Eppley Caribbean Property Fund climbed $1 to end at $43 with 3,368 stock units changing hands. First Rock Capital fell $1.04 to finish at $13.50 in an exchange of 65,704 shares, Grace Kennedy shed 22 cents in closing at $99 with the swapping of 565,520 units, Guardian Holdings dropped $7 to $641 in trading 4,495 stock units. Jamaica Broilers lost 50 cents at $36 in switching ownership of 618,309 stocks, Jamaica Stock Exchange rallied 33 cents to $17.83 with the swapping of 39,371 units, JMMB Group slipped 43 cents to $38.25 after clearing the market of 168,439 shares. Key Insurance picked up 29 cents to close at $4.80 with 162,141 stock units changing hands, Kingston Wharves shed 99 cents to $48 with a transfer of 68 units, Mayberry Jamaican Equities lost 38 cents to finish at $8.67 with an exchange of 2,242 shares. MPC Caribbean Clean Energy jumped $18.51 to $138 after 64 units cleared the market, NCB Financial spiked $2.50 to $141.50 in trading 31,831 stock units, Palace Amusement bolted $41 to $1,021 with the swapping of 4 stocks. Proven Investments popped 89 cents to $34.99 with 33,406 units clearing the market, Sagicor Group rose $2.08 to $56 with 20,997 shares crossing the exchange, Scotia Group spiked 29 cents to $38.99, with 58,593 stocks trading. Seprod popped 50 cents to $70.50 in transferring 404,614 units, Sterling Investments shed 20 cents to end at $2.80 with the swapping of 350,000 stock units and Wisynco Group gained 29 cents to finish at $15.99 in switching ownership of 1,714,772 shares.
In the preference segment, Eppley 7.50% preference shares fell $1.91 to end at $12.89, with 1,900 units crossing the exchange.

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