The Main Market of the Jamaica Stock exchange closed out May on a high note with the market prime indices rising appreciably to close out the month with a gain of five percent but closed with a loss of 25 percent for the year to date.
At the close, the JSE All Jamaican Composite Index climbed 4,018.59 points to 420,847.85, the JSE Market Index advanced 3,762.78 points to 383,649.98 and the JSE Financial Index gained 1.12 points to 100.80. The PE ratio of the market ended at 14.5, while the Main Market ended at 14.8 times 2020-21 earnings.
The market closed with 49 securities changing hands in the Main and US dollar markets with prices of 22 stocks advancing, 16 declining and 11 securities trading firm. The JSE Main Market activity ended with 45 securities accounting for 109,379,530 units valued at $203,610,322, in contrast to 21,505,791 units valued at $167,719,708 from 40 securities on Thursday.
Wigton Windfarm led trading with 80 million shares for 73 percent of total volume followed by Trans Jamaican Highway with 24 million units for 22 percent of the day’s trade and QWI Investments with 1.5 million units for 1.4 percent market share. Also, trading over a million units was Sagicor Select Financial Fund, with 1.15 million units.
The average trade for the day was 2,430,656 units at $4,524,674 for each security traded, in contrast to 537,645 units at an average of $4,192,993 on Thursday. The average volume and value for the month to date ended at 475,543 units at $3,077,280 for each security changing hands, compared to 369,670 units with an average of $2,994,834. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows seventeen stocks ending with bids higher than their last selling prices and three stocks closing with lower offers.
In the Main Market, Barita Investments shed 60 cents to end at $50.40, with a transfer of 171,676 shares, Caribbean Cement gained $1 exchanging 34,628 stock units and closed at $52, Eppley ended $1 higher at $17.99, with 35,848 stock units changing hands. Eppley Caribbean Property Fund jumped $5 to $38 after swapping a mere one unit, First Rock Capital shed 40 cents to settle at $12.60, in transferring 2,741 units, Jamaica Producers closed 70 cents lower at $20.10 trading 423,052 shares. 
Jamaica Stock Exchange gained $1.57 and ended at $22.57, exchanging 105,212 shares, Kingston Properties dropped $1.50 to finish at $4.80, after swapping 40,000 stock units, Kingston Wharves climbed $2.99 to $57.99 transferring 9,590 units. Mayberry Investments lost 40 cents to end at $5.60 trading 14,908 units, Palace Amusement shed another $100 to close at $1,100, in an exchange of 83 units, Salada Foods gained 50 cents swapping 191,208 shares and closed at $29. Scotia Group advanced by $1 to $46, with 17,902 stock units changing hands, Stanley Motta picked up 80 cents to settle at $5.50, after transferring 31,500 stock units, Supreme Ventures gained 30 cents exchanging 40,864 stock units and closed at $14.80 and Sygnus Credit Investments ended trading at $17.32, after rising 36 cents and swapping 7,512 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The US dollar market activity resulted in four securities changing hands, down from six on Thursday and ended with one declining and three stock closing unchanged. Investors traded 105,523 units at US$10,755, in contrast to 232,148 units for US$6,140 on Thursday.
At the close, the JSE All Jamaican Composite Index declined by 1,262.37 points to 416,829.26, the JSE Market Index fell 1,326.12 points to 379,887.20 and the JSE Financial Index lost 0.90 points to 99.68. The PE ratio of the market ended at 14.4, while the Main Market ended at 14.6 times 2020-21 earnings.
The average trade for the day was 537,645 units at $4,192,993 each, in contrast to 419,045 units for $3,608,829 on Wednesday. The average volume and value for the month to date amount to 369,670 units valued at $2,994,834 for each security changing hands, compared to 361,176 units with an average value of $2,930,932. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
MPC Caribbean Clean Energy tumbled $16 to $160 trading 1,501 units, NCB Financial Group climbed $1.01 to end at $148, with 476,923 shares changing hands. 138 Student Living gained 81 cents and transferred 71,160 stock units in closing at $7.50, Palace Amusement dived $100 to end at $1,200 trading 144 units, Sagicor Group rose 39 cents to $46.40 exchanging 34,761 stock units. Sagicor Real Estate Fund added 84 cents to finish at $7.94, with 600 units changing hands, Seprod climbed $1.39 to close at $54.95, in trading 141,419 shares and Supreme Ventures slid $1.20 transferring 1,674,041 shares and closed at $14.50.
At the close of market activity, six securities changed hands, down from five on Wednesday. Trading ended with the prices of two stocks rising, one declining and three remaining unchanged. Just 232,148 shares changed hands at US$6,140, in contrast to 253,911 units for US$25,811 on Wednesday.
At the close, the JSE All Jamaican Composite Index declined by 2,732.71 points to 418,091.63, the JSE Market Index dropped 2,473.80 points to 381,213.32 and the JSE Financial Index lost 0.29 points to 100.58.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
NCB Financial Group slipped 50 cents to end at $146.99, after swapping 318,361 shares, Palace Amusement advanced $100 to end at $1,300 while trading 80 units. PanJam Investment closed at $75.01, with a loss of 74 cents after exchanging 34,676 stock units, Proven Investments fell 99 cents to finish at $35, in swapping 26,455 stock units, Sagicor Real Estate Fund ended 84 cents lower at $7.10, with 105,300 shares changing hands. Salada Foods declined $1.50 to $28.50 after 15,492 stock units changed hands, Seprod lost 44 cents to close at $53.56, in trading 51,316 stock units, Stanley Motta finished at $4.70, having lost 35 cents in swapping 12,264 units. Supreme Ventures ended at $15.70, with a rise of 70 cents in exchanging 645,967 shares and Sygnus Credit Investments gained 79 cents with 38,427 stock units crossing the exchange and closed at $16.99.
Market activity resulted in five securities changing hands, with three declining and two remained unchanged. The volume of shares traded was 253,911 units with a value of US$25,811, in contrast to 159,533 units for US$23,544 from three securities changing hands on Monday.
At the close, the JSE All Jamaican Composite Index advanced by 6,794.20 points to 420,824.34, the JSE Market Index climbed 6,322.58 points to 383,687.12 and the JSE Financial Index gained 1.80 points to 100.87.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
NCB Financial Group slipped to $147.49, with a loss of 51 cents with 321,990 shares changing hands, 138 Student Living closed 31 cents lower at $6.69, after exchanging 408 units, Palace Amusement declined by $100 to end at $1,200, with a transfer of just 10 units. Proven Investments closed 51 cents lower at $35.99, transferring 12,181 stock units, Sagicor Group rose 80 cents to $45.80, with 36,265 stock units changing hands, Salada Foods advanced by $4 to $30 trading only one unit. Scotia Group fell by $2.21 to $44.79, in transferring 40,568 stock units, Seprod gained $1 to end at $54, in exchanging 36,296 stock units and Supreme Ventures ended 95 cents lower at $15, with 572,803 shares crossing the exchange.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
Mayberry Jamaican Equities picked up 60 cents to end at $10, with a transfer of 3,252 units, MPC Caribbean Clean Energy declined by $19 trading 511 units and closed at $151. NCB Financial Group advanced $8 to $148, with 494,118 shares changing hands, 138 Student Living closed 75 cents lower at $7, after swapping 88,036 stock units, Palace Amusement clawed back $200 to advance to $1,300, after trading 88 units. Proven Investments climbed $2 to finish at $36.50, with 11,045 units crossing the exchange, Sagicor Group traded 39,346 stock units at $45, after gaining 40 cents, Scotia Group advanced by $3 to $47, in transferring 155,397 shares. Seprod climbed $2 to $53 exchanging 19,307 units and Wisynco Group ended the day’s trade 32 cents lower at $17.58, in swapping 38,239 stock units.
Market activity ended with prices of two stocks closing up, two falling and three remained unchanged. Investors exchanged 57,581 shares for US$12,255, in contrast to 29,646 units valued at US$6,434, from the trading of just two securities on Thursday.
The market closed with 46 securities changing hands in the Main and US dollar markets with prices of 15 stocks advancing, 16 declining and 15 securities trading firm. The JSE Main Market activity ended with 41 securities changing hands accounting for 11,610,708 units valued at $178,231,093, in contrast to 17,254,018 units valued at $121,600,273 from 45 securities on Tuesday.
The average volume and value for the month to date amount to 354,034 units valued at $2,919,802 for each security changing hands, compared to 359,042 units with an average of $2,811,232. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
Jamaica Producers gained 50 cents transferring 262,775 shares and closed at $21.50, Jamaica Stock Exchange advanced $1.10 to $21.90, in trading 29,956 stock units. Key Insurance fell 70 cents to $5.50, with an exchange of 34,397 stock units, Mayberry Jamaican Equities gained 63 cents to end at $10, after swapping 15,664 units, NCB Financial Group declined by $10 to end at $140, after exchanging 397,829 shares. Palace Amusement ended the day’s trade $60 lower at $1,300, in transferring 50 units, Proven Investments fell $1 to $35, with 1,284 units changing hands, Sagicor Group picked up 49 cents to finish at $45.49, in trading 84,426 shares and Scotia Group closed at $45, with gains of $1 exchanging 92,849 shares.
