The number of securities trading remains elevated as the market index ended higher at the close of market activity on Tuesday, but with a 51 percent fall in the volume of stocks trading at a 31 percent higher value than on Monday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 1,001.85 points to 431,748.90, the JSE Main Index rose 718.11 points to 393,367.57 and the JSE Financial Index gained 0.36 points to settle at 98.83.
Trading ended with 50 securities, up from 48 on Monday and closed with prices of 17 stocks rising, 17 declining and 16 remaining unchanged. The PE Ratio averages 15.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 9,823,398 shares traded for $63,848,406 compared to 20,114,270 units at $48,738,713 on Monday. Transjamaican Highway led trading with 27.9 percent of total volume for 2.74 million shares, followed by Wigton Windfarm with 21.3 percent and 2.09 million units and Jamaica Broilers 8.1 percent with 799,061 units trading.
Trading on Tuesday averaged 196,468 units at $1,276,968, compared to 419,047 shares at $1,015,390 on Monday. Month to date averages 225,299 units at $1,030,945, versus 230,411 units at $987,324 on Monday. March closed with an average of 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints lost 30 cents in closing at $12.01 after trading 16,258 shares, Caribbean Cement advanced $1.20 to $73.20 in an exchange of 6,029 shares, Eppley rose $1 to $31 with 409 units changing hands, Eppley Caribbean Property Fund dropped $4.05 to $40.45 after 520 shares crossed the exchange. Grace Kennedy gained 30 cents to close at $87.50 trading 27,043 stocks, Jamaica Broilers rose $1 to $29.50 with an exchange of 799,061 stock units, Jamaica Producers fell 60 cents to finish at $20.70 in the swapping of 88,069 shares. Jamaica Stock Exchange declined $1 to $17 after the trading of 100,679 stock units, JMMB Group lost 19 cents to close at $31.76 in switching ownership of 67,567 shares, Key Insurance rose 35 cents to $5.90 in exchanging 43,833 units. Margaritaville declined $2 to end at a 52 weeks’ low of $31 with a transfer of 1,000 units, Mayberry Investments gained 25 cents to close at $5.35 with 5,776 shares clearing the market, Mayberry Jamaican Equities rose 61 cents to $7.79 in exchanging 381 stock units.
MPC Caribbean Clean Energy declined $1 to end at a 52 weeks’ low of $128 in switching ownership of 199 units, NCB Financial Group climbed $2.98 to $139.99 trading 19,240 stock units, Proven Investments shed 50 cents to close at $35 in the swapping of 42,727 shares. Sagicor Group climbed $2.30 to $50, trading 18,739 units, Scotia Group advanced $1.01 to $41.01 with the transfer of 13,932 stock units. Seprod gained $1 to settle at $74.50 trading 20,144 stocks, Supreme Ventures fell $1 to $15.10 with 135,475 units changing hands and Victoria Mutual Investments ended 30 cents lower at $5.30 with 266,003 shares crossing the market.
In the preference segment, Eppley 8.25% lost 15 cents to close at $6.10 with 3,039 stock units clearing the market and JMMB Group 7.25% rose 32 cents to end at a 52 weeks’ high of $2.46 in exchange of 100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Seven securities changed hands, compared to six on Monday, with one rising, three declining and three closing unchanged.
At the close, First Rock Capital traded 39,486 shares in closing at 8.9 US cents, Margaritaville finished at 9 US cents in exchanging 2,866 stock units, Proven Investments fell 0.1 of a cent to 25 US cents with the swapping of 44,630 units. Sterling Investments shed 0.22 of a cent to close at 2.07 US cents while exchanging 13,942 shares, Sygnus Credit Investments fell 0.99 of a cent to 14.01 US cents while exchanging 32,350 stock units and Transjamaican Highway rose 0.11 of a cent to 0.96 of a US cent after exchanging 20,020 stocks.
The All Jamaican Composite Index declined 1,972.70 points to 430,747.05, the Main Index shed 1,779.46 points to 392,649.46 and the JSE Financial Index slipped 0.32 points to 98.47.
Trading averaged 419,047 units at $1,015,390, compared to 76,636 shares at $450,648 on Friday. Month to date trading averaged 230,411 units at $987,324, in contrast to 191,717 units at $981,567 on Friday. Trading month to date compares to 354,304 units at $2,543,232.
Proven Investments gained 50 cents to end at $35.50 with 4,266 shares clearing the market, Sagicor Group declined $2.30 to end at $47.70 in trading 24,000 stock units, Salada Foods fell 20 cents to $5 with 765,951 units changing hands. Scotia Group fell 70 cents to $40 in switching ownership of 48,277 shares, Supreme Ventures rose 60 cents to $16.10 in the swapping of 17,031 units and Wisynco Group lost 60 cents to close at $15 trading 102,762 stock units.
Trading ended with six securities changing hands, compared to five on Friday with prices of two stocks rising, four declining and none remaining unchanged.
At the close, First Rock Capital gained 0.05 of a cent to close at 8.9 US cents in switching ownership of 839 shares, Margaritaville fell 1 cent to 9 US cents after trading 3,975 units, Proven Investments declined by 0.4 of a cent to end at 25.1 US cents, with 9,555 stock units changing hands. Sterling Investments lost 0.01 of a cent in ending at 2.29 US cents with an exchange of 2,348 units, Sygnus Credit Investments rose 0.05 of a cent to 15 US cents after trading 23,723 shares and Transjamaican Highway lost 0.1 of a cent in closing at 0.85 US cents after exchanging 305,037 shares.
which led to sharply reduced activity rising of 55 percent fewer shares with a value that was 49 percent less than on Thursday on the Jamaica Stock Exchange Main Market.
Trading averaged 76,636 units at $450,648, compared to 174,888 shares at $896,044 on Thursday. Trading month to date averaged 191,717 units at $981,567, in contrast to 222,197 units at $1,122,189 on Thursday. Trading month to date compares adversely to March with an average of 354,107 units at $2,572,127. 
Proven Investments fell 94 cents to $35 with 82 shares passing through the market, Sagicor Group declined by $1 to close at $50 with 13,238 units changing hands, Seprod climbed $1.40 to $73.50 with 5,127 shares traded. Supreme Ventures fell 60 cents to $15.50 with a transfer of 291,969 stocks and Wisynco Group gained 43 cents to finish at $15.60 with 36,182 units crossing the exchange.
At the close, First Rock Capital dropped 0.05 of a cent in ending at 8.85 US cents, with 540 shares trading, Margaritaville fell 1 cent to 10 US cents while exchanging 28 units, Proven Investments remained at 25.5 US cents, with 291 stock units changing hands. Sygnus Credit Investments shed 0.05 of a cent to 14.95 US cents while exchanging 545 stock units and Transjamaican Highway dropped 0.02 of a cent to end at 0.95 of a US cent after 103,029 units changed hands.
The All Jamaican Composite Index advanced 233.35 points to 433,000.56, the JSE Main Index rose 213.26 points to 394,522.77 and the JSE Financial Index inched 0.02 points higher to 99.20.
Trading averaged 174,888 units at $896,044, compared to 251,043 shares at $1,365,250 on Wednesday. Month to date trading averaged 222,197 units at $1,122,189, in contrast to 238,773 units at $1,201,422 on Wednesday. March closed with an average of 354,304 units at $2,543,232.
NCB Financial declined $2.15 to $137.01 in exchanging 21,614 units, Palace Amusement climbed $47.99 to $797.99, with 59 stock units crossing the exchange, Proven Investments advanced $1.94 to $35.94, with 34,871 units changing hands. Sagicor Group advanced $1 to $51, with 149,134 stocks clearing the market. Scotia Group shed $1.01 to close at $40.75, with 22,768 stock units changing hands and Seprod fell 90 cents to $72.10 in trading 4,269 stocks.
Seven securities traded, up from four on Wednesday, with three stocks rising, one declining and three remaining unchanged.
Proven Investments rose half a cent to 25.5 US cents with 14,806 stock units changing hands. Sterling Investments gained 0.3 of a cent to settle at 2.3 US cents with 14,311 stock units traded, Sygnus Credit Investments declined by 0.72 of a cent to 15 US cents with a transfer of 2,351 units and Transjamaican Highway advanced 0.02 of a cent to end at 0.97 of one US cent, with 350,003 units crossing the exchange.
The All Jamaican Composite Index declined 749.69 points to 432,767.21, the Main Index shed 681.03 points to 394,309.51 and the JSE Financial Index slipped 0.32 points to 99.18.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with a lower offer.
Proven Investments gained 30 cents to end at $34 with 14,564 units crossing the market, Sagicor Group declined $1 to $50 with the transfer of 44,058 shares. Scotia Group shed 24 cents to $41.76 after exchanging 414,769 stocks, Supreme Ventures advanced $1 to $16 in trading 227,034 stock units and Wisynco Group gained 32 cents to close at $15.35 with 154,453 units changing hands.
Just four securities traded, down from six on Tuesday and ended with two stocks rising, one declining and one remaining unchanged. The JSE USD Equity Index rose 3.83 points to end at 211.27, up 13.4 percent for the year to date.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with lower offers.