Gains & losses shared for JSE Main Market

Market activity ended on Monday with the main indices losing significant ground after an equal number of stocks advanced and declined after trading ended with an exchange of 10 percent fewer shares valued 24 percent higher than on Friday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index tumbled 3,626.92 points to 454,485.34, the JSE Main Index plunged 3,138.91 points to 416,932.75 and the JSE Financial Index fell 0.63 points to 102.66.
Trading ended with 49 securities compared to 48 on Friday, with 20 stocks rising, 20 declining and nine remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.2 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 14,266,703 shares trading for $68,667,411 versus 15,819,699 units at $55,510,412 on Friday. Radio Jamaica led trading with 57.9 percent of total volume for an exchange of 8.25 million shares followed by Sagicor Select Financial Fund 15.8 percent with 2.25 million and Mayberry Jamaican Equities with 4.9 percent for 705,539 units changing hands.
Trading averaged 291,157 units at $1,401,376, compared to 329,577 shares at $1,156,467 on Friday. Trading month to date averages 322,738 units at $23,878,799, versus 325,352 units at $25,739,261 on Friday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments fell $1.90 to $82.10, with 29,322 shares trading, Caribbean Cement shed $1 to $91 in an exchange of 56,037 shares, GraceKennedy slipped 30 cents to $99.70 in trading 27,020 stock units, Jamaica Producers fell $1.70 to $22.50 in switching ownership of 249,763 shares, JMMB Group skidded 85 cents to $38.15 with a transfer of 81,182 stock units. Kingston Properties spiked $1.05 to $9.05 with the swapping of 1,495 shares. Margaritaville picked up 25 cents to end at $14.75, with 1,600 units crossing the exchange, MPC Caribbean Clean Energy rallied $2.29 to $119.49 in trading 700 stocks. Palace Amusement advanced $5 to $1,100 in an exchange of 99 stock units, PanJam Investment declined $2.99 to close at $61.01 in switching ownership of 41,437 shares, Radio Jamaica spiked 32 cents to finish at a 52 weeks’ high of $1.99 with 8,253,929 shares changing hands, following the release of full year’s results, showing profits jumping from $38 million to $171 million and Seprod lost 55 cents after ending at $70 in transferring 11,666 stocks.
In the preference segment, Eppley 8.75% preference share rose 98 cents to $7.49 in switching ownership of 5,985 units and JMMB Group 7.35% – 2028 lost 30 cents to $3.20 with 290,403 shares crossing the market.

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

Volume popped for JSE USD Market on Monday

Trading on Monday ended with the USD market declining moderately, after an exchange of 677 percent more shares than for Friday, as the value of stocks traded surged 1,033 percent and ending, with more stocks rising than falling.
Overall, 2,078,672 shares traded, for US$107,586 compared to 267,463 units at US$9,495 on Friday.
Trading averaged 415,734 units at US$21,517, compared to 53,493 shares at US$1,899 on Friday. Trading month to date averages 136,375 units at US$10,528 in contrast to 113,476 units at US$9,627 on Friday. June ended with an average of 87,444 units for US$6,162.
Trading ended with five securities changing hands, the same number as on Friday, with prices of two stocks rising, none declining and three remaining unchanged.
 The JSE USD Equity Index lost 0.93 points to end at 185.02. The PE Ratio, a measure that computes an appropriate value of a stock, averaged 12.1 based on ICInsider.com’s forecast of 2021-22 earnings.
 Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close, First Rock Capital traded 6,577 shares at 8 US cents, Proven Investments rose 0.7 of a cent to 24.7 US cents with investors switching ownership of 394,370 units, Sygnus Credit Investments settled at 13.99 US cents with the transfer of 2,021 stocks and Transjamaican Highway rose 0.05 of a cent to 0.80 US cents, with 1,675,649 shares crossing the exchange.
In the preference segment, JMMB Group 6% remained at US$1.10 with 55 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE USD market

Trading on Friday ended with the market rising after trading 78 percent fewer shares than on Thursday, with more stocks declining than rising on the US dollar market of the Jamaica Stock Exchange.  
Trading ended with five securities changing hands, compared to four on Thursday with prices of one stock rising, two declining and two remaining unchanged.
The JSE USD Equity Index rose 1.64 points to end at 185.95.
The PE Ratio, a measure that computes an appropriate value of a stock, averages 12 based on ICInsider.com’s forecast of 2021-22 earnings.
Just 267,463 shares traded costing US$9,495 down from 1,203,958 units at US$22,523 on Thursday.
Trading averaged 53,493 units at US$1,899, compared to 300,990 shares at US$5,631 on Thursday. Trading averaged 113,476 units for the month to date at US$9,627 in contrast to 118,832 units at US$10,317 on Thursday. June ended with an average of 87,444 units for US$6,162.
Investor’s Choice bid-offer indicator shows one stock ending with a higher bid than their last selling prices and two with lower offers.
At the close, First Rock Capital ended at 8 US cents in switching ownership of 1,850 shares, Margaritaville declined 0.18 of a cent to 9.02 US cents after exchanging 25,260 units, Proven Investments traded 450 stocks at 24 US cents. Sygnus Credit Investments lost 0.01 of a cent to end at 13.99 US cents in switching ownership of 39,903 units and Transjamaican Highway gained 0.05 of a cent ending at 0.75 US cents after exchanging 200,000 units.

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

JSE majors slide into weekend

Stocks suffered a pullback on Friday with an increase of 146 percent in the volume of shares trading as investors put down 23 percent more funds in exchanging the shares than on Thursday on the Jamaica Stock Exchange Main Market and ended with 48 securities trading, similar to Thursday, with 12 stocks rising, 22 declining and 14 remaining unchanged.
At the close, the All Jamaican Composite Index fell 989.27 points to 458,112.26, the JSE Main Index shed 796.49 points to end at 420,071.66 and the JSE Financial Index dipped 0.30 points to 103.29.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.1 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 15,819,699 shares traded for $55,510,412 versus 6,426,972 units at $45,152,359 on Thursday. Wigton Windfarm led trading with 50.5 percent of total volume for 7.98 million shares, followed by Radio Jamaica 17 percent, with 2.69 million units, QWI Investments controlled 8.6 percent, with 1.37 million units and Transjamaican Highway with 8.1 percent after 1.28 million units changed hands.
Trading averaged 329,577 units at $1,156,467, compared to 133,895 shares at $940,674 on Thursday. Trading month to date averages 325,352 units at $25,739,261, in contrast to 324,980 units at $27,908,331 on Thursday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has thirteen stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Eppley advanced $4.13 to end at $43.63 in trading 810 stocks, Guardian Holdings declined $18 to $656 in exchanging 21 units, Jamaica Broilers rose $1 to $37, crossing the exchange with 11,874 stock units. Jamaica Producers rose $1.20 in closing at $24.20 with the swapping of 17,086 stocks, JMMB Group rallied 50 cents in closing at $39 in transferring 147,747 shares, Kingston Properties shed $1.90 to settle at $8 in trading 15,000 stock units. Margaritaville lost 49 cents to end at $14.50 in exchanging 10,484 stocks, Mayberry Investments fell 61 cents to $5.54 in exchanging 30,946 stock units, Mayberry Jamaican Equities shed 85 cents to $9.15 after crossing the market with 5,907 units. NCB Financial Group slid $1 to $139 with 85,626 shares changing hands, 138 Student Living lost 30 cents to end at $4.80 in switching ownership of 3,077 units, Palace Amusement climbed $35 to close at $1,095 in exchanging 46 stock units, Pan Jam Investment shed 50 cents ending at $64 with a transfer of 22,897 shares. Proven Investments lost 50 cents to $34.10 with an exchange of 28,310 stocks, Scotia Group fell 50 cents in closing at $39 with a transfer of 27,409 stocks, Seprod declined $1.40 to end at $70.55 in trading 2,687 units. Supreme Ventures gained 30 cents to close at $19.10 with 50,732 stocks crossing the market and Sygnus Credit Investments lost 39 cents ending at $15 with an exchange of 17,822 stock units.
In the preference segment, Eppley 8.75% preference shares shed 99 cents in closing at $6.51 in switching ownership of 57 stock units.

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

JSE Main market slips on low volume

Market activity ended on Thursday with reduced volume and value of shares compared to Wednesday, in 5 percent dip in volume, with 14 percent lower value leading to more stocks declining than rising, at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index declined 1,348.65 points to 459,101.53, the JSE Main Index fell 1,154.18 points to end at 420,868.15 and the JSE Financial Index slipped 0.32 points to 103.59.
Trading ended with 48 securities compared to 47 on Wednesday, with 14 stocks rising, 19 declining and 15 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.4 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 6,426,972 shares trading for $45,152,359, down from 7,526,686 units at $52,205,562 on Wednesday. Transjamaican Highway led trading with 22.7 percent of total volume for an exchange of 1.46 million shares followed by JMMB Group 7.50% 15.7 percent with 1.01 million units for 15.7 percent and Sterling Investments with 10 percent, with 642,808 units changing hands.
Trading averaged 133,895 units at $940,674, compared to 160,142 shares at $1,110,757 on Wednesday. Trading month to date averages 324,980 units at $27,908,331, in contrast to 343,472 units at $30,518,104 on Wednesday. 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 two with lower offers.
At the close, Barita Investments rose 10 cents to $84.10 in exchanging 5,599 shares, Caribbean Producers gained 21 cents to end at a 52 weeks’ closing high of $5.40 with the swapping of 148,503 stock units. Eppley plunged $4.13 in closing at $39.50 after an exchange of 903 units. First Rock Capital lost 49 cents to settle at $14.01 in switching ownership of 3,128 shares, Grace Kennedy popped 99 cents to $100 in trading 68,101 stocks, Jamaica Broilers dipped 33 cents to $36 with a transfer of 13,465 stocks. Kingston Properties shed 35 cents to end at $9.90 in trading 16,638 stock units, Mayberry Jamaican Equities rose 95 cents to $10 in switching ownership of 75,000 stocks, Palace Amusement plunged $130 to $1,060, with 171 units crossing the market. PanJam Investment fell $3 to $64.50 with 55,556 shares changing hands, Sagicor Group popped $2 to close at $55 with the swapping of 34,723 shares. Salada Foods lost 20 cents in closing at $8 with an exchange of 71,674 stocks, Seprod rallied $2.26 to $71.95 with the swapping of 4,860 shares, Supreme Ventures lost 45 cents to close at $18.80 in trading 21,036 stocks and Sygnus Credit Investments popped 68 cents to $15.39 in switching ownership of 63,061 units.
In the preference segment, JMMB Group 7.15% – 2028 lost 30 cents to close at a 52 weeks’ low of $2.60 with 20,000 stocks clearing the market.

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

JSE USD market now below 2020 close

Transjamaican Highway drags JSE USD market down.

The volume of stocks trading on Thursday after investors exchanged 373 percent more shares valued 22 percent less than on Wednesday and ending more slippage in the index stocks ending unchanged on the USD market.
Trading ended with four securities changing hands, the same number as on Wednesday, and with the prices of one stock declining, none rising and three remaining unchanged.
The JSE USD Equity Index fell 4.23 points to end at 184.31, with the market now more than one percent lower than the December close after Transjamaican Highway sank to the lowest point in twelve months. The PE Ratio, a measure that computes an appropriate value of a stock, averaged 11.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 1,203,958 shares traded for US$22,523 compared to 254,770 units at US$28,741 on Wednesday.
Trading averaged 300,990 units at US$5,631, compared to 63,693 shares at US$7,185 on Wednesday. Trading month to date averages 118,832 units at US$10,317 in contrast to 104,820 units at US$10,677 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 a higher bid than their last selling price and three with lower offers.
At the close, First Rock Capital settled at 8 US cents with investors switching ownership of 11,506 shares, Proven Investments remained at 24 US cents with a transfer of 29,711 units and Transjamaican Highway dropped 0.11 of a cent to end at a 52 weeks’ low of 0.70 US cents, with 1,159,741 stocks crossing the exchange.
In the preference segment, JMMB Group 5.75% closed at US$2.10 with 3,000 units changing hands.

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

Major stocks struggled on Wednesday

 

Stocks trading struggled to keep ahead of the opening levels on Wednesday and ended with 47 securities trading a decline from 49 on Tuesday after 16 stocks rose, 22 declined and nine remained unchanged, leaving the market with a modest rise, with the volume traded up 35 percent but with values down 43 percent compared to Tuesday on the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index advanced 1,181.64 points to 460,450.18, the JSE Main Index rose 759.06 points to end at 422,022.33 and the JSE Financial Index gained 0.05 points to end at 103.91.
Trading ended with. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.5 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 7,526,686 shares trading for $52,205,562 versus 5,572,104 units at $90,965,287 on Tuesday. Wigton Windfarm led trading with 37.4 percent of total volume for 2.81 million shares, followed by Transjamaican Highway 14.7 percent for 1.11 million units and JMMB Group 7.50%, 12.6 percent, with 950,263 units.
Trading averaged 160,142 units at $1,110,757, compared to 113,716 shares at $1,856,434 on Tuesday. Trading month to date averages 343,472 units at $30,518,104, in contrast to 362,662 units at $33,596,379 on Tuesday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 14 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rallied $1.18 to $84 with a transfer of 6,045 shares, Caribbean Cement popped 85 cents to $92 in trading 132,354 stock units, Caribbean Producers gained 21 cents to end at a 52 weeks’ closing high of $5.19 with 259,401 shares changing hands, after hitting a 52 weeks’ intraday high of $6. Carreras lost 23 cents to close at $9.07 with an exchange of 402,107 stocks, Eppley shed 27 cents to settle at $43.63 in switching ownership of 2 units. First Rock Capital declined $1 to $14.50 with the swapping of 30,573 stocks, Grace Kennedy rose 73 cents to $99.01 after 16,832 shares crossed the exchange. Guardian Holdings jumped $24 to $674 in trading 382 units, Jamaica Broilers popped 33 cents to $36.33 with 44,887 stock units changing hands, Jamaica Producers rose 70 cents to $22.90 with 4,060 shares crossing the market. JMMB Group rallied 50 cents to end at $38.50 after an exchange of 169,493 stock units, Kingston Properties popped $2.24 to $10.25 in trading 97 units. Kingston Wharves rallied $2 to end at $50 after 10,960 stocks crossed the market, Mayberry Investments lost 36 cents to finish at $6.15 in switching ownership of 1,300 stock units, MPC Caribbean Clean Energy dived $17.35 to $117.20 with the swapping of 360 units. NCB Financial rose $1 to $140 in an exchange of 29,883 stock units, Palace Amusement dropped $60 to $1,190 in transferring 133 stocks, PanJam Investment rose $1.49 to $67.50 in exchanging 3,355 shares. Sagicor Group fell $2 to $53 in clearing the market of 118,645 stock units. Salada Foods shed 55 cents to close at $8.20 in an exchange of 46,065 stocks and Seprod fell $1.31 to $69.69 after trading 13,042 shares.

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

Slippage for JSE USD Market – Wednesday

Trading on the JSE USD market closed Wednesday with the index slipping 081 points to close at 188.54, declining after an exchange of 55 percent fewer shares with 78 percent less the value than on Tuesday, resulting in more stocks ending unchanged than those with changes.
Trading ended with four securities changing hands, compared to six on Tuesday, with the prices of one stock declining, none rising and three remaining unchanged.
The PE Ratio, a measure that computes an appropriate stock value, averaged 12.1 based on ICInsider.com’s forecast of 2021-22 earnings.
At the close of trading, 254,770 shares changed hands for US$28,741, down from 566,829 units at US$130,805 on Tuesday.
Trading averaged 63,693 units at US$7,185 compared to 94,472 shares at US$21,801 on Tuesday. Month to date trading averages 104,820 units at US$10,677 in contrast to 108,247 units at US$10,968 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 settled at 8 US cents with an exchange of 5,175 shares, Proven Investments ended at 24 US cents after trading 110,221 units, Sygnus Credit Investments fell 0.45 of a cent to 14 US cents with the transfer of 5,827 stock units and Transjamaican Highway closed at 0.81 US cents with 133,547 shares crossing the exchange.

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

Stocks in retreat on Tuesday

Trading returned to more normal levels following Monday when 95 million shares of NCB Financial crossed the exchange following what the company states flowed from a director and a Senior Officer have surrendered the shares in the group under a new compensation arrangement.
Elsewhere, activity continued on Tuesday with the market declining with an exchange of 94 percent fewer shares valued 99 percent less than on Monday at the close of trading on the Jamaica Stock Exchange Main Market.
The main indices wiped out gains made over the past three trading days at the close, with the All Jamaican Composite Index plunging 8,432.60 points to 459,268.54, the JSE Main Index dived 7,836.94 points to end at 421,263.27 and the JSE Financial Index shed 2.12 points to 103.86.
Trading ended with 49 securities, as was the case on Monday, with 18 stocks rising, 19 declining and 12 remaining unchanged. The market commenced trading in Caribbean Producers shares previously listed on the Junior Market and investors exchanged 275,415 units at the close after a slow start to trading in the stock, well above the 58,282 traded on Monday 34,319 shares exchanged on Friday.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.4 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 5,572,104 shares trading for $90,965,287 versus 102,643,964 units at $13,868,036,024 on Monday. Transjamaican Highway led trading with 35.7 percent of total volume for an exchange of 1.99 million shares, Sagicor Select Financial Fund 13.3 percent with 738,402 units and Grace Kennedy 9.2 percent with 513,821 units changing hands.
Trading averaged 113,716 units at $1,856,434, compared to 2,094,775 shares at $283,021,143 on Monday. Trading month to date averaged 362,662 units at $33,596,379, in contrast to 393,158 units at $37,484,522 on Monday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments fell $2.18 to $82.82 in exchanging 766 shares, Berger Paints shed 96 cents to close at $13.89 with an exchange of 28,360 shares, Eppley spiked $4.40 to $43.90 in trading 3,991 stock units. First Rock Capital rallied $2 to $15.50 with the swapping of 5,093 units, GraceKennedy dropped $4.92 to $98.28 in transferring 513,821 shares, Guardian Holdings plunged $35 to $650 in switching ownership of 3,966 units. Jamaica Stock Exchange popped 42 cents to $17.67 with 23,050 shares crossing the market, Kingston Properties lost 39 cents to close at $8.01 with 99,707 shares changing hands, Kingston Wharves gained 50 cents in closing at $48 trading 10,313 stocks. MPC Caribbean Clean Energy shed $12.45 to settle at $134.55, with 84 units clearing the market, Palace Amusement rallied $60 to $1,250 with 7 stocks changing hands, Pan Jam Investment shed $1.49 to $66.01, with 11,233 stock units crossing the exchange. Proven Investments rose 45 cents to $34.60 in switching ownership of 4,506 stocks, Sagicor Group fell $2.94 to $55 in exchanging 23,431 stock units, Seprod fell $1 to $71 in transferring 14,512 stocks, Sygnus Credit Investments rose 20 cents to $14.80 in trading 33,382 shares and Wisynco Group spiked 40 cents to $15.90 with the swapping of 17,180 stocks.
In the preference segment, Eppley 8.25% rose 92 cents to $6.98 in trading 5,007 stock units.

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

Stocks back above water

Trading ended with the market rising after trading 36 percent more shares with a value that was 1,820 percent higher on Tuesday, than on Monday, at the close of the US dollar market of the Jamaica Stock Exchange as the market closed back above the 2020 closing index.
Trading ended with six securities changing hands, compared to five on Monday with prices of one stock rising, one declining and four remaining unchanged.
The JSE USD Equity Index popped 4.34 points to end at 189.35. The PE Ratio, a measure that computes an appropriate value of a stock, averages 12.2 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 566,829 shares traded for US$130,805, up from 417,802 units at US$6,812 on Monday.
Trading averaged 94,472 units at US$21,801, compared to 83,560 shares at US$1,362 on Monday. Trading averaged 108,247 units, month to date at US$10,968 in contrast to 110,215 units at US$9,421 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 the bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital closed at 8 US cents while trading 925 shares, Margaritaville closed at 9.2 US cents after exchanging 30,890 units, Productive Business Solutions dipped 0.01 of a cent to end at 80 US cents in switching ownership of 54 stocks. Proven Investments remained at 24 US cents, with 530,672 units crossing the market and Transjamaican Highway gained 0.11 of a cent to end at 0.81 US cents with the swapping of 3,802 stock units.
In the preference segment, JMMB Group 6% settled at US$1.0995 in trading 486 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.