Market activity ended on the Main Market on Monday with the volume of shares trading marginally lower, with the value jumping 394 percent from Friday and the market indices falling, as declining stocks outnumbered rising ones by some distance.
The market closed, with the All Jamaican Composite Index lost 641.27 points to end at 457,069.35. The JSE main Index dropped 520.39 points to 415,194.70 and the JSE Financial Index lost 0.26 points to settle at 100.87.
A total of 51 securities traded on Monday compared to 49 that traded on Friday, and ended, with 17 stocks rising, 25 declining and nine remained unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 15.7 based on ICInsider.com’s earnings forecast for 2021-22. The market closed with 15,594,454 shares changing hands for $851,732,015 as NCB Financial dominated trading on Monday, versus 15,660,104 units at $172,250,884 on Friday.
NCB Financial led trading with 37.3 percent of total volume as 5.81 million shares changed hands, followed by Wigton Windfarm 11.6 percent, with 1.81 million units, 1834 Investments 9.9 percent market share, with 1.55 million units, Transjamaican Highway with 8.3 percent market share or 1.29 million units, Sygnus Credit Investments 8.1 percent market share, with 1.26 million units and Radio Jamaica 6.6 percent market share, with an exchange of 1.03 million units.
Trading averaged 305,774 units at $16,700,628, compared to 319,594 shares at $3,515,324 on Friday and month to date an average of 487,063 units at $8,855,423, in contrast to 497,417 units at $8,407,376 on Friday. July closed with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments lost 48 cents to end at $92.52 with 242,695 shares changing hands, Berger Paints advanced 61 cents to $13.74 with a transfer of 24,016 stock units, Caribbean Cement shed $2.99 to end at $110, with 16,989 units traded. Eppley fell $1.50 to $39 with an exchange of 1,257 stocks, Eppley Caribbean Property Fund climbed 31 cents to $38.31 with 300 shares passing through the market, First Rock Capital gained 28 cents to close at $12.40 with 65,667 stock units changing hands. GraceKennedy rallied 99 cents to $104 with a transfer of 14,480 stocks, Guardian Holdings lost $3 to end at $581 with 4,691 units traded, Jamaica Broilers popped 30 cents to $33.40 with an exchange of 1,738 shares. Jamaica Producers fell 50 cents to $24 with 4,623 stock units passing through the market, Jamaica Stock Exchange popped 55 cents to $17.15 with 64,297 units changing hands, JMMB Group rallied $1 to $38.70 with a transfer of 183,748 stocks.
Kingston Properties climbed $1.25 to $10.25 with 220 stock units traded, Kingston Wharves dropped $2 to $46.50 with an exchange of100,933 shares, Mayberry Investments advanced 39 cents to $6.14 with investors switching ownership of 2,636 units. Mayberry Jamaican Equities lost 25 cents to end at $9 with 24,756 stocks changing hands, NCB Financial Group climbed 90 cents to $132 with an exchange of 5,809,459 shares, Palace Amusement shed $5.01 to close at $1134.99 with 10 stocks traded.PanJam Investment dropped $1 to $62 with a transfer of 3,253 units, Scotia Group fell 65 cents to $38.80 with 29,179 stock units passing through the market, Seprod declined $3.99 to $64 with 10,001 stocks changing hands and Sygnus Credit Investments advanced $1.35 to $16.35 with 1,262,824 shares crossing the exchange after the company posted strong gains in full year’s profit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

At the close, First Rock Capital lost 0.3 of a cent to end at 7.2 US cents trading 408,722 shares, Proven Investments remained at 23 US cents with an exchange of 1,318,594 units, Sygnus Credit Investments USD ordinary share settled at 13 US cents with 76,190 stocks changing hands and Transjamaican Highway fell 0.04 of a cent to 0.81 US cents with 112,726 shares crossing the exchange.
The Main Market All Jamaican Composite Index surged 4,560.86 points to 457,710.62, the highest daily close since July 23, while the JSE Main Index jumped 3,833.76 points to 415,715.09 and the JSE Financial Index inched 1.17 points to 101.13 as rising stocks beating declining ones nearly 2 to 1 on Friday, with the volume and value of shares trading, rising moderately over Thursday levels, at the close of the Jamaica Stock Exchange.
Transjamaican Highway controlled 12.5 percent, with 1.96 million units and GraceKennedy with 7.4 percent after 1.16 million units changing hands.
Mayberry Investments shed 25 cents to $5.75 with a transfer of 5,620 units, NCB Financial Group fell 90 cents to $131.10, with the swapping of 31,524 stock units, Palace Amusement rallied $15 to $1,140 in switching ownership of 71 shares. PanJam Investment rose $1 to $63 in trading 1,550 units, Sagicor Group popped 49 cents to $56.99 with 62,270 shares clearing the market, Seprod spiked $5.98 to $67.99 after exchanging 6,959 stocks and Victoria Mutual Investments climbed 23 cents to $5.53 with 45,965 stock units crossing the market.
Trading ended on Friday, with the volume of shares changing hands surging 3,669 percent over Thursday’s level at the close of the US dollar market of the Jamaica Stock Exchange, with declining stocks edging out rising ones.
At the close, Productive Business Solutions remained at 77 US cents with an exchange of 414 shares, Proven Investments fell 0.05 of a cent to 23 US cents with 298,906 units changing hands, Sterling Investments rose 0.38 of a cent to 2.12 US cents trading 12,094 stocks. Sygnus Credit Investments USD share settled at 13 US cents, with a transfer of 150 units and Transjamaican Highway lost 0.03 of a cent to close at 0.85 US cents, with 22,504 shares crossing the exchange.
At the close, Barita Investments gained 21 cents at $93.21 with 17,793 shares crossing the market, Berger Paints dipped 38 cents to $13.12 in trading 1,974 stock units, Caribbean Cement spiked 50 cents to end at a 52 weeks’ closing high of $106.50 with the swapping of 65,044 shares, but traded at an intraday high of $115, as demand is picking for the stock at the same time that supply is dwindling. Caribbean Producers lost 20 cents to close at $4.75 in exchanging 19,800 units, Eppley lost 20 cents to end at $40.90 in switching ownership of 1,600 shares, Eppley Caribbean Property Fund advanced $1.50 to $38 with 86 stock units changing hands, First Rock Capital rallied 50 cents to close at $12 in exchanging 38,363 units. GraceKennedy shed 60 cents to end at $101.50 after 669,124 stock units cleared the market, Guardian Holdings declined $7 to $584 in trading 9,914 shares, Jamaica Broilers shed $1.64 to $33.15 with the transfer of 56,942 stocks. Jamaica Producers advanced $2 to $24.20 with 42,911 units crossing the exchange, JMMB Group rose 20 cents to $38.20 in an exchange of 152,841 shares, Mayberry Jamaican Equities popped 65 cents to $9.25 with the swapping of 22,599 stock units. NCB Financial Group rose $2 in closing at $132 after hitting an intraday 52 weeks’ low of $121.03 and switching ownership of just 19,875 shares, Palace Amusement surged $175 to $1,125 after exchanging just 2 units, PanJam Investment shed 55 cents to close at $62 in transferring 3,203 shares.
Proven Investments rallied 97 cents to $34 in trading 19,555 stock units, Radio Jamaica traded as high as $4.7t, but selling came into the market and it lost 25 cents at the close to end at $4.40 after 2,190,629 shares cleared the market. Scotia Group spiked 38 cents to $39.50, with 34,731 stocks crossing the market. Seprod fell 99 cents to $62.01 with an exchange of 15,490 stock units and Sygnus Credit Investments popped 70 cents in closing at $15 in trading 18,260 units.
Trading ended with seven securities changing hands, compared to six on Wednesday, with prices of two stocks rising, two declining and three remaining unchanged.
At the close, First Rock Capital remained at 7.5 US cents, with 1,053 shares crossing the exchange, Productive Business Solutions traded 10 stock units at 77 US cents, Proven Investments dropped 0.84 of a cent in ending at 23.05 US cents after exchanging 6,746 stock units. Sterling Investments fell 0.4 of a cent to 1.74 US cents, with 500 units clearing the market, Sygnus Credit Investments J$ share climbed 0.7 of a cent to 12.6 US cents, with 105 units being swapped, Sygnus Credit Investments US$ stock remained at 13 US cents, with 400 stock units changing hands and Transjamaican Highway advanced 0.02 of a cent to close at 0.88 US cents with an exchange of 50 stocks.
The JSE All Jamaican Composite Index surged 4,192.74 points to close at 453,321.02, the Main Index climbed 3,384.75 points to 412,952.02 and the JSE Financial Index rose 0.88 points to 101.00.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and two with lower offers.
Kingston Wharves gained 50 cents to $48.50 with 2,000 stocks clearing the market, Mayberry Jamaican Equities lost 75 cents in closing at $8.60 with the swapping of 7,592 stock units, NCB Financial Group slipped 25 cents to $130 with 8,867 stocks changing hands. Palace Amusement dropped $84 to $950 in trading 30 shares, Portland JSX rose $1 to $8 in switching ownership of 1,754 stocks. Radio Jamaica popped 35 cents ending at a 52 weeks’ closing high of $4.65 after exchanging 1,362,141 shares. Sagicor Group rallied $4.60 to $56.60 in trading 160,355 stock units, Scotia Group shed 88 cents to $39.12 with 10,802 units crossing the exchange, Seprod shed $1 to $63 with the swapping of 4,784 stocks, Sygnus Credit Investments slipped 45 cents to $14.30, with 55,555 stock units crossing the market.
At the close, Barita Investments lost 23 cents in ending at $92.77 in trading 34,183 shares, Berger Paints fell 48 cents to $13.12 after 913 stock units changed hands, Caribbean Cement surged $7 to a record high of $104 while exchanging 49,694 stocks. GraceKennedy popped $1 to $101 in trading 63,601 shares, Guardian Holdings dropped $30 to an all-time low of $575 with an exchange of 8,493 units. Jamaica Producers shed $1.99 to close at $21.50, exchanging 226,120 shares, Jamaica Stock Exchange fell 87 cents to $16.37 after exchanging 18,340 stocks. JMMB Group dropped 99 cents to $38 in an exchange of 94,028 stock units, Kingston Wharves gained $1.49 to end at $48, after 15,658 shares crossed the market, NCB Financial Group shed $1.29 to $130.25, with 5,861,813 stock units crossing the market, Palace Amusement spiked $72.99 to $1034, with 93 units clearing the market, PanJam Investment shed $2.50 to $62.50, with an exchange of 2,513 shares. Proven Investments rose 40 cents to $33 after 5,768 stocks changed hands, Radio Jamaica bolted 80 cents to a 52 weeks’ high of $4.04 after trading 5,994,344 stock units.
Sagicor Group lost $5.25 in ending at $52 after exchanging 169,589 stock units, Seprod fell $3.50 to $64 with 8,721 stocks changing hands. Supreme Ventures dropped 48 cents to close at $18.02 trading 164,627 stocks and Sygnus Credit Investments declined 25 cents to end at $14.75 in trading 62,463 shares.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and eight stocks with lower offers.
Palace Amusement shed $63.99 to $961.01 while exchanging 171 stock units, Proven Investments rose $2.55 to $32.60 in trading 69,166 units, Sagicor Group rose 25 cents to $57.25 in an exchange of 169,719 shares, Scotia Group climbed $1.20 to $40 while exchanging 27,735 stocks, Seprod declined 50 cents to close at $67.50 after exchanging 5,025 units. Supreme Ventures shed 50 cents to $18.50, 7,932 stocks changing hands, Sygnus Credit Investments spiked 98 cents to $15 in switching ownership of 47,248 stock units and Wisynco Group rallied 19 cents to $15.84, with 35,271 shares clearing the market.
Trading on Monday ended after trading 64.4 percent fewer shares than on Friday on the US dollar market of the Jamaica Stock Exchange, resulting in an even number of stocks rising and falling.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.