The Main Market of the Jamaica Stock Exchange rallied on the final day of the week, wiping out less than 1,500 points of the losses on the previous seven trading days as advancing stocks were outnumbered by decliners, on Friday.
At the close, the All Jamaican Composite Index rose 1,331.58 points to close at 418,817, the JSE Market Index gained 1,205.42 points to close at 381,593.65 and the JSE Financial Index added 0.55 points to 103.52.
The market closed with 45 securities changing hands in the Main and US dollar markets with prices of 11 stocks advancing, 22 declining and ten securities trading firm. The JSE Main Market activity ended with 38 securities accounting for 15,595,657 units valued at $80,717,216, in contrast to 17,977,989 units valued at $167,027,485 from 43 securities on Wednesday.
Trans Jamaican Highway led trading with 11.3 million shares for 63 percent of total volume followed by Sagicor Group with 2.3 million units for 13 percent of the day’s trade and Wigton Windfarm with 1.1 million units for 6 percent market share.
The Market closed with an average of 410,412 units valued at $2,124,137 for each security traded, in contrast to 418,093 units valued at $3,884,360 on Wednesday. The average volume and value for the month to date amount to 1,025,936 units valued at $3,731,907 for each security changing hands, compared to 1,060,899 units valued at $3,829,348 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and seven securities closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020-21 earnings.
In the Main Market, Eppley fell 99 cents to $14.50, in trading 941 stock units, First Rock Capital added $1, in transferring 1,500 units and closed at $12, Grace Kennedy rose $1 and ended at $58, with 29,077 units changing hands. 
Jamaica Stock Exchange lost 37 cents to end at $20.63 after 11,170 shares passed through the market, JMMB Group dropped $1.44 and closed at $36, after exchanging 213,331 stock units, Mayberry Investments gained 32 cents trading 22,096 stock units and closed at $5.55.NCB Financial Group rose $2 to end at $152, with 47,023 units changing hands, PanJam Investment traded 1,465 and fell $2.35 to close at $77.35, Proven Investments jumped $2.79 to close at $38.79 after 9,478 shares changed hands. Pulse Investments lost 35 cents in exchanging 3,858,682 stock units at $2.05, Salada Foods dropped $2.90 to $26, in exchanging 5,901 units. Sagicor Group traded 38,531 and lost 38 cents to end at $49.37 and Scotia Group rose $2 after transferring 21,667 stock units to finish at $47.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the market lost 9.36 points to 193.68. The PE ratio of the market closed with an average of 13.4 times 2020 earnings.
The JSE Market Index fell by 3,337.15 points to 380,388.23 and the JSE Financial Index slid 1.32 points to 102.97.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and seven securities closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020-21 earnings.
Key Insurance gained 90 cents to finish at a record $4.90, with 57,241 units changing hands. Mayberry Investments gained 47 cents trading 6,101 stock units and closed at $5.87, NCB Financial Group sustained a loss of $4.93 to end at $150, in swapping 24,481 units, Salada Foods bounced $1.95 to $28.90, having gained in exchanging 100 units. Seprod rose 50 cents after transferring 8,376 stock units to finish at $48, Stanley Motta traded 500 units at $4.70, after picking up 33 cents, Sygnus Credit Investments added 50 cents to end at $17, with 25,122 stock units changing hands and Wisynco Group ended the day at $17.50, with a loss of $1.18 with 63,156 shares crossing the exchange.
At the close, the market advanced by 12.88 points to 203.04. The PE ratio of the market closed with an average of 13.2 times 2020 earnings.
At the close, the JSE All Jamaican Composite Index declined by 1,972.21 points to 421,131.86, the JSE Market Index fell 1,936.13 points to 383,725.38 and the JSE Financial Index slid 0.40 points to 104.29. The Main Market has gone seven days without closing with gains in the Indices.
The Market closed with an average of 3,226,882 units valued at $5,139,593 for each security traded, in contrast to 867,914 units valued at an average of $1,806,657 on Tuesday. The average volume and value for the month to date amount to 1,105,053 units valued at $3,825,298 for each security changing hands, compared to 960,218 units valued at $3,728,658 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Stock Exchange rose 98 cents to end at $21.98, in trading 81,638 shares, JMMB Group ended at $37.99, with gains of $1.05 and the exchanging 213,440 stock units, MPC Caribbean Clean Energy declined by $29 to $147, in swapping 100 units. NCB Financial Group closed $1.92 higher to $154.93, after transferring 142,312 shares, PanJam Investment gained 58 cents and ended at $74.78, trading 6,709 stock units, Proven Investments closed 50 cents lower to $36, in exchanging 563 shares. Salada Foods fell by $2.05 to $26.95 trading 151 units, Scotia Group lost 41 cents to finish at $45.01, with an exchange of 6,276 stock units, Seprod closed with a loss of 49 cents in transferring 12,903 stock units to finish at $47.50 and Sygnus Credit Investments picked up 50 cents to end at $16.50, with 54,861 shares changing hands.
Market activity resulted in six securities changing hands, with one stock rising, two declining and three left unchanged. The volume of shares traded was 1,959,096 units with a value of US$382,572, in contrast to 3,324,487 units for US$323,180 on Tuesday.
At the close of the market, the JSE All Jamaican Composite Index declined by 421.48 points to 423,104.07, the JSE Market Index fell 411.64 points to 385,661.51 and the JSE Financial Index lost 0.57 points to close at 104.69.
The Market closed with an average of 867,914 units valued $1,806,657 for each security traded, in contrast to 755,502 units valued at an average of $1,774,456 on Monday. The average volume and value for the month to date amount to 960,218 units valued at $3,728,658 for each security changing hands, compared to 966,799 units valued at $3,877,090 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Producers fell by $2.78 to $16.22, after swapping 200,696 shares, JMMB Group shed 46 cents to finish at $36.94, with 30,709 shares changing hands, MPC Caribbean Clean Energy dropped to $176, with a loss of $4.58 trading a mere 30 units. NCB Financial Group declined $1.99 to $153.01, in transferring 13,994 stock units, 138 Student Living picked up 30 cents exchanging 30,500 shares and closed at $7, PanJam Investment ended the day at $74.20, after losing $3.55 after swapping 8,643 stock units. Proven Investments closed $1.99 lower to $36.50, with a transfer of 1,404 units, Scotia Group gained 41 cents to finish at $45.42, with an exchange of 14,792 units, Seprod added $2 to close at $47.99, in trading 52,988 shares and Sygnus Credit Investments closed at $16, with a loss of $1 after exchanging 171,557 shares.
At the close, the JSE All Jamaican Composite Index declined by 2,223.70 points to 423,525.55, the JSE Market Index fell by 1,987.23 points to 386,073.15 and the JSE Financial Index lost 0.49 points to 105.26.
Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
138 Student Living ended at $6.70, after a losing 30 cents swapping 1,276 units, PanJam Investment rose $1.75 to $77.75, with 126,281 shares changing hands. Proven Investments added 39 cents to finish at $38.49, with a transfer of 2,300 units, Sagicor Group closed at $50, after picking up $1 trading 39,750 shares, Salada Foods gained $1 swapping only I unit at $29. Scotia Group shed 80 cents to finish at $45.01, with an exchange of 61,455 shares, Seprod rose 99 cents to $45.99 trading 5,496 units, Supreme Ventures lost 48 cents transferring 509,318 shares to end at $15. Sygnus Credit Investments closed at $17, with gains of $2 swapping 24,526 stock units and Wisynco Group climbed $2.80 to $18.80, ending with 348,655 shares changing hands.
At the close, the JSE All Jamaican Composite Index declined by 2,030.54 points to 425,749.25, the JSE Market Index fell 1,694.44 points to 388,060.38 and the JSE Financial Index lost 0.25 points to 105.75.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and five stocks closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.5 times 2020/21 earnings.
MPC Caribbean Clean Energy jumped by $30.58 after transferring 494 units to end at $180.58, NCB Financial Group shed 50 cents to close at $155, with an exchange of 105,674 shares, Proven Investments picked up $1.01 to finish at $38.10, in swapping 2,500 units. Sagicor Group closed at $49, with a loss of 75 cents with 434,646 shares crossing the exchange, Salada Foods lost 50 cents after swapping 7,102 units at $28, Scotia Group fell by $2.08 to $45.81, with a transfer of 34,866 stock units. Seprod dropped $1 to close at $45, in trading 8,911 units, Stanley Motta picked up 41 cents to finish at $5.03, in exchanging 6,000 units, Supreme Ventures ended at $15.48, with a loss of $1.52 and the swapping of 47,463 shares. Sygnus Credit Investments closed at $15, after losing $2.45 trading 57,900 shares and Wisynco Group ended the exchanging of 341,913 stock units at $16, with a loss of $1.10.
Market activity resulted in four securities changing hands, with the price of one stock rising, two stocks declining and one remaining unchanged at the close. Trading accounted for just 464,489 units with a value of US$15,549, in contrast to 6,934,785 units for US$80,338 on Thursday.
