The Jamaica Stock Exchange at the close on Thursday and shed some of the recent gains up to Tuesday, but with the value of securities trading, falling from Wednesday’s levels with higher volume.
All Jamaican Composite Index declined by 1,407.36 points to close at 535,140.90 at the close, the JSE Market Index dropped 1,263.11 points to 487,188.44 and the JSE Financial Index lost 0.45 points to 132.11.
Trading closed, with 45 securities changing hands in the Main and US dollar markets with the prices of 21 advancing, 13 declining and 11 trading firm. The JSE Main Market activity ended with 41 securities accounting for 16,632,332 units valued $128,247,176 in contrast to 13,058,687 units for $207,850,962 from 42 securities on Wednesday.
Wigton Windfarm led trading with 6.7 million shares accounting for 40 percent of total volume. Sagicor Select Financial Fund followed with 3.4 million units for 20 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund, with 3.3 million shares, accounted for 14 percent of market share.
The Market closed with an average of 405,667 units valued at $3,127,980 for each security traded, in contrast to 424,688 units valued at $5,069,536 on Wednesday. The average volume and value for the month to date amount to 617,823 units for $2,820,081 for each security changing hands compared to 633,300 units for $2,795,851 for each security traded.
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19, while the Main Market ended at 18.1 times 2019 earnings.
In the prime market, Barita Investments lost 98 cents to close at $68.01 after transferring 26,332 shares Grace Kennedy dropped $1.80 to $67.20, with 28,164 shares changing hands, Jamaica Stock Exchange lost $1.90 to close at $29.50 with 532,239 units crossing the market. JMMB Group closed 40 cents lower to $45, after transferring 80,251 shares, Kingston Wharves jumped $3.99 to close at $59, in swapping 6,790 units. 138 Student Living climbed $1.35 to close at 52 weeks’ high of $8.01, with an exchange of 183,238 shares. Proven Investments gained $1 to end at $48.50, in transferring 2,975 units, Pulse Investments closed $1.40 higher to a 52 weeks’ closing high of $12.40, after swapping 101,690 shares. 
Sagicor Group gained $1.20 trading 99,963 shares to close at $69.10, Salada Foods declined $1.53 to $26 after trading 12,646 units, Supreme Ventures rose $1 to end at $23, after transferring 11,976 shares. Sygnus Credit Investments gained $1.30 to settle at $26, in swapping 27,517 shares and in the preference segment, 138 Student Living rose $1 exchanging 1,364 shares at $6.
Trading in the US dollar market ended with 243,645 units valued at over US$61,593. The market index gained 1.56 points to close at 232.21. JMMB Group 6% preference share traded 1,748 units to end at 99 US cents, Proven Investments transferred 171,650 units at 31 US cents, Sterling Investments traded 38,293 shares at 2.7 US cents and Sygnus Credit Investments gained 2 cents in exchanging 31,954 units at 18 US cents.
T&T stock market moves higher – Thursday
The Trinidad & Tobago Stock Exchange stocks gained on Thursday with financial market stocks continuing to contribute most to the rise of the market with two from the sector hitting new 52 weeks highs.
The T&T Composite Index added 6.86 points to close at 1,518.01. The All T&T Index rose 13.23 points to 1,941.04, while the Cross Listed Index closed with a loss of gained 0.5 points to end at 148.27.
The market ended with 16 securities changing hands with the prices of five gaining, two declining while nine remained unchanged.
Trading resulted in an exchange of 414,886 shares for $5,835,043, compared to 452,688 shares for $13,232,899, with 11 securities trading on Wednesday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of five stocks higher than their last selling prices and two with lower offers.
Gains| Ansa Merchant Bank traded 50 stock units to close at a 52 weeks’ high of $38.88 after surging $2.83, Clico Investment closed 2 cents higher at $28.52, with 113,772 units crossing the exchange, First Citizens Bank added $1 and exchanged 900 stock units to settle at $51. Massy Holdings rose 62 cents after trading 5,499 shares to finish at a 52 weeks’ high of $62 and Republic Holdings gained 75 cents and closed trading with just 12 shares at 52 weeks’ high of $144.26.
Losses| Agostini’s traded 42 shares and lost 1 cent to end at $25.50 and Trinidad & Tobago NGL shed 9 cents in transferring 55,060 shares to close at $20.80.
Firm Trades| First Caribbean International Bank exchanged 2,100 units at $7.89, Grace Kennedy traded 126,254 units at $3.95. Guardian Holdings ended with 6,073 shares trading at $22, but the stock closed with the bid at $22.52 to buy 20,000 units, JMMB Group fell 2 cents to end at $2.68, with investors trading 102,664 stock units, National Enterprises had 74 shares crossing the exchange at $5.51. Prestige Holdings traded 186 units to end at $8.99, Scotiabank traded 1,709 units to end at $62.50, Trinidad Cement closed with 68 units changing hands at $1.85 and West Indian Tobacco closed at $39.49 while swapping 423 stock units.
Prices of securities trading are those at which the last trade took place.
JSE Main Market pulls back
The Jamaica Stock Exchange shed some of the gains accumulated over the past four days as the value of stocks trading rose well over Tuesday’s levels, but with lower volume.
All Jamaican Composite Index declined by 1,388.73 points to close at 536,548.26, at the close on Wednesday, the JSE Market Index dropped 1,256.86 points to 488,451.55 and the JSE Financial Index lost 0.29 points to 132.56.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 12 advancing, 18 declining and 15 trading firm. The JSE Main Market activity ended with 42 securities accounting for 13,058,687 units valued at $207,850,962 in contrast to 17,938,463 units valued at $135,316,853 from 42 securities on Tuesday.
Sagicor Select Financial Fund led trading with 4.1 million shares, and accounting for 31.5 percent of total volume, Wigton Windfarm followed with 2.45 million units for 18.8 percent of the day’s trade and QWI Investments with 1.8 million shares accounted for 14 percent of market share.
The Market closed with an average of 424,688 units valued at $5,069,536 for each security traded, in contrast to 427,106 units valued at an average of $3,221,830 on Tuesday. The average volume and value for the month to date amount to 633,300 units for $2,795,851 for each security changing hands compared to 649,717 units at $2,601,640 for each security traded. 
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and one closing with a lower offer. The PE ratio of the market ended at 20.5, while the Main Market ended at 19.8 times 2019 earnings.
In the prime market, Eppley added $1.30 to settle at $16.30 in trading 1,304 units, Grace Kennedy rose $1.38 to $69, with 3,825 shares changing hands, JMMB Group closed 79 cents lower to $45.40, after transferring 119,466 shares, Kingston Wharves dropped $4.99 to close at $55.01, in swapping 15,569 units. 138 Student Living added $1.28 to close at 52 weeks’ high of $6.66, with an exchange of 52,425 shares. PanJam Investment closed at $100.94, with gains of $1.74 trading 559,598 shares, Proven Investments lost 58 cents to end at $47.50, in transferring 4,456 units, Pulse Investments closed $1.15 higher to a 52 weeks’ closing high of $11, after swapping 134,751 shares.
Salada Foods declined by $4.47 to $27.53 trading only 700 units, Scotia Group ended at $53.11, with a loss of 89 cents after transferring 771,557 shares. Seprod lost $1 and closed at $50, with 543,758 shares changing hands, Sygnus Credit Investments shed $1.21 to settle at $24.70, in swapping 34,376 shares and Wisynco Group lost 30 cents exchanging 123,760 shares at $22.50.
Trading in the US dollar market ended with 231,872 units valued at over US$205,111. The market index gained 0.14 points to close at 230.65. JMMB Group 5.75% preference share lost 10 cents trading 89,732 to end at US$2, Proven Investments transferred 27,032 units at 31 US cents, Sterling Investments traded 8,517 shares at 2.7 US cents and Sygnus Credit Investments exchanged 106,591 units at 16 US cents.
Prices of securities trading for the day are those at which the last trade took place.
Main Market up 11,000 points in 4 days
The Main Market of the Jamaica Stock Exchange closed higher on Tuesday for the fourth consecutive day, in the process clawed back 11,331 points of the 22,907.85 points lost from the start of February up to last Wednesday.
At the close, the JSE All Jamaican Composite Index advanced 1,598.69 points to close at 537,936.99, the JSE Market Index added 1,450.74 points to 489,708.41 and the JSE Financial Index gained 0.69 points to 132.85.
The market closed with 46 securities changing hands in the Main and US dollar markets with the prices of 20 advancing, 12 declining and 14 trading firm. The JSE Main Market activity ended with 42 securities accounting for 17,938,463 units valued at $135,316,853 in contrast to 19,925,654 units valued at $93,234,047 from 40 securities on Monday.
Sagicor Select Financial Fund was the leading trade with 6.5 million shares for 36 percent of total volume. Wigton Windfarm followed with 5.6 million units for 31 percent of the day’s business and Sagicor Select Manufacturing and Distribution Fund ended with 1.7 million shares for 9 percent market share.
The Market closed with an average of 427,106 units valued at an average of $3,221,830 for each security traded, in contrast to 498,141 units valued at an average of $2,330,851 on Monday. The average volume and value for the month to date amount to 649,717 units valued at $2,601,640 for each security changing hands compared to 669,236 units valued at $2,542,170 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
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 four closing with lower offers. The PE ratio of the market ended at 20.1, while the Main Market ended at 19.4 times the 2019 earnings.
In the Main Market, Caribbean Cement gained 35 cents to settle at $70.35 trading 137,026 shares, Eppley climbed $1.50 to $15 after exchanging 30,750 units, Grace Kennedy shed $2.88 to end at $67.62, in transferring 132,940 shares. Jamaica Broilers rose to $35, with gains of $1.18 and swapping 83,011 shares, Jamaica Stock Exchange ended at $31.50, after losing 50 cents trading 21,277 shares, JMMB Group added 64 cents to close at $46.19, with 90,789 units changing hands. Kingston Wharves slid $1.60 to $60, with 4,200 units crossing the exchange, Mayberry Investments lost 40 cents to end at $7.30, in an exchange of 37,730 units, NCB Financial dropped $2.90 to settle at $184.10, in swapping 285,534 shares, 138 Student Living gained $1.03 to close at $5.38, with 177,412 shares traded. Pulse Investments closed $1.65 lower to $9.85, with 189,925 shares changing hands. Sagicor Group added 81 cents, in rising to $70.50 trading 116,624 shares, 
Salada Foods declined $3 to $32, in after swapping a mere 180 units, Seprod settled at $51, after gaining $5 trading 31,388 shares. Supreme Ventures dipped $1.07 to $22.10, in exchanging 130,454 shares, Sygnus Credit Investments closed $1.21 higher to $25.91, after trading 74,479 shares and Wisynco Group gained 30 cents to close at $22.80, with an exchange of 92,295 shares.
Trading in the US dollar market ended with 54,580 units valued US$31,202. The market index dipped 0.12 points to close at 230.51. JMMB Group 5.75% preference share gained 10 cents trading 10,268 to end at US$2.10, Proven Investments exchanged 19,996 units at 31 US cents, Sterling Investments transferred 3,138 shares at 2.7 US cents and Sygnus Credit Investments exchanged 21,178 units at 16 US cents.
JSE Major moved higher
Trading on the Main Market of Jamaica Stock exchange closed with a rise in the market indices as the volume and value of stock trading declined below Friday’s levels.
At the close, the JSE All Jamaican Composite Index advanced 2,805.56 points to close at 536,338.30, the JSE Market Index gained 2,384.71 points to 488,257.67, but the JSE Financial Index lost 0.01 point to 132.16.
The market closed, with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 15 declining and 9 trading firm. The JSE Main Market activity ended with 40 securities accounting for 19,925,654 units valued at $93,234,047 in contrast to 25,935,878 units valued at $106,383,024 from 41 securities on Friday.
Sagicor Select Financial Fund led trading with 7.4 million shares for 37.3 percent of total volume. Wigton Windfarm followed with 4.95 million units for 25 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund closed with 2.2 million shares changing hands with 11.2 percent of the market’s volume. Other stocks trading more than one million units are Wisynco Group with 1.3 million units and JMMB 7.5% preference share close with 1 million trading at a 52 weeks’ low of 65 cents.
The Market closed with an average of 498,141 units valued at $2,330,851 for each security traded, in contrast to 632,582 units valued at an average of $2,594,708 on Friday. The average volume and value for the month to date amount to 669,236 units valued at $2,542,170 for each security changing hands, compared to 684,825 units valued at $2,563,408 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times the 2019 earnings.
In the prime market, Berger Paints closed at $17, with gains of 49 cents after exchanging 11,000 shares, Caribbean Cement lost 75 cents to end at $70, in transferring 57,763 shares, Grace Kennedy gained $2.50 to settle at $70.50, with 11,298 shares changing hands. Jamaica Producers closed $1.50 lower to $24.50 in swapping 13,023 shares, Jamaica Stock Exchange rose $1.97 to $32, trading 21,606 shares, JMMB Group ended at $45.55, after gaining $1.85 exchanging 249,600 shares. Kingston Wharves climbed $4.60 to $61.60, in transferring 10,534 units, Mayberry Jamaican Equities gained 70 cents trading 23,070 shares and closed at $9.70, MPC Caribbean Clean Energy nosedived to $150, after falling $30 with an exchange of 1,325 units. NCB Financial added $2 to settle at $187, in swapping 25,640 shares, 
PanJam Investment closed 34 cents higher at $99.37, with 21,924 shares changing hands, Proven Investments ended at $48, with gains of 75 cents trading 10,828 shares. Pulse Investments lost 60 cents to end at $11.50, in transferring 273,348 shares, Sagicor Group closed $2.17 higher to $69.69 while exchanging 16,358 shares, Seprod settled at $46, after a loss of 50 cents in transferring 27,670 shares, Stanley Motta lost 74 cents to close at $5.01 trading 18,913 units. Supreme Ventures advanced by $1.47 to $23.17, with 11,455 shares changing hands and Victoria Mutual Investments lost 40 cents to close at $10, with an exchange of 275,878 shares. In the preference segment, Productivity Business Solution lost $5 to close at $100, with 1,001,825 shares crossing the exchange.
Trading in the US dollar market ended with 1,597 units valued at over US$330. The market index rose 1.73 points to close at 230.63. Proven Investments gained half of 1 cent to close at 31 US cents after transferring 500 units and Sygnus Credit Investments exchanged 1,097 units at 16 US cents.
Prices of securities trading are those at which the last trade took place.
TTSE indices rise – Monday
The Trinidad & Tobago Stock Exchange closed higher on Monday with an equal number of stocks rising and falling indices. At the close, the T&T Composite Index climbed 11.49 points to close at 1,514.59. The All T&T Index jumped 23.22 points to 1,934.25, while the Cross Listed Index closed with a loss of 0.05 points to end at 148.32.
Trinidad & Tobago Stock Exchange Head Quarters
The market ended with 19 securities changing hands with three exchanging just one unit and leading to the prices of six gaining, six declining and the prices of seven remaining unchanged. Monday’s trades compare with 14 trading on Friday.
Trading resulted in an exchange of 370,249 shares for $3,025,869, compared to 159,258 shares for $3,092,226 on Friday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of four stocks higher than their last selling prices and one with a lower offer.
Gains| Agostini’s rose 6 cents in trading 31 shares to end at a 52 weeks’ high of $25.51, Guardian Holdings had 725 units crossing the exchange, with a rise of one cent, to close at $22.01, Massy Holdings exchanged 500 shares and added 5 cents to finish at $62.10. National Enterprises added one cent to end at $5.51 after swapping 2,001 stock units, Republic Holdings gained 26 cents and closed trading with 1,011 shares at a 52 weeks’ high of $143.26 and West Indian Tobacco rose $1 and closed at $39.50 while trading 321 stock units.
Losses| Ansa McAl lost $1.50 in closing at $55.50 with just one units trading, First Citizens Bank exchanged 24,606 stock units and dropped $3 to settle at $50 after trading as high as $53. One Caribbean Media exchanged 100 shares and lost 10 cents to end at $7.90, Trinidad & Tobago NGL slipped 1 cent, transferring 17,706 shares to close at $20.89.
Trinidad Cement lost 7 cents to close at $1.85 after exchanging just one stock units and Unilever Caribbean lost 50 cents in trading 100 units to close at a 52 weeks’ low of $21.
Firm Trades|, Clico Investment closed at $28.46, with 4,032 units crossing the exchange, First Caribbean International Bank exchanged 2,513 units at $7.89, Grace Kennedy traded 137,000 shares at $3.95, JMMB Group ended at $2.70, with investors trading 179,400 stock units. National Flour exchanged a mere one stock unit and closed at $1.49, Prestige Holdings closed with 100 units changing hands at $8.99 and LJ Williams B share traded 100 units at $1.60.
Prices of securities trading are those at which the last trade took place.
More gains for Main Market
The Jamaica Stock Exchange closed with slightly more stocks rising than falling, leading to gains in the Main Market indices at the close on Friday as more investment dollars entered the market than on Thursday.
At the close of trading, the JSE All Jamaican Composite Index advanced 2,205.30 points to close at 533,532.74, the JSE Market Index added 2,005.08 points to 485,872.96 and the JSE Financial Index gained 0.85 points to 132.17.
The market closed with 44 securities changing hands in the Main and US dollar markets with the prices of 16 advancing, 15 declining and 13 trading firm. The JSE Main Market activity ended with 41 securities changing hands accounting for 25,935,878 units valued at $106,383,024 in contrast to 32,214,496 units valued at $74,997,715 from 42 securities on Thursday.
Wigton Windfarm ended trading with 10.3 million shares for 40 percent of total volume, followed by Sagicor Select Financial Fund with 9.2 million units for 36 percent of the day’s trade and Sagicor Select Manufacturing and Distribution with 2.2 million shares for 8 percent of the market’s volume. QWI Investments was the only other stock trading more than 
one million units, ending the day’s trade with 1.1 million units.
The Market closed with an average of 632,582 units valued at an average of $2,594,708 for each security traded, in contrast to 805,362 units valued at an average of $1,874,943 on Thursday. The average volume and value for the month to date amount to 684,825 units valued at $2,563,408 for each security changing hands compared to 690,207 units valued at $2,559,814 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
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 two closing with lower offers. The PE ratio of the market ended at 19.6, while the Main Market ended at 18.8 times the 2019 earnings.
In the Main Market, Caribbean Cement added 75 cents to settle at $70.75, with 1,950 shares changing hands, Jamaica Producers closed $2 higher at $26 in trading 15,145 shares, Jamaica Stock Exchange lost 96 cents transferring 24,516 shares and ended at $30.03. Kingston Wharves dropped to $57, with a loss of $4.85 in swapping just 887 units, Mayberry Investments closed 60 cents lower at $7.50, in exchanging 2,991 shares, Mayberry Jamaican Equities traded 4,200 shares at $9, after losing $1.05. 
NCB Financial gained 50 cents to settle at $185, in transferring 153,378 shares, PanJam Investment lost 97 cents to close at $99.03, with an exchange of 9,603 shares, Proven Investments ended at $47.25, with a loss of $1.25 with 13,725 shares changing hands. Pulse Investments climbed $2.12 to close at a 52 weeks’ high of $12.10, in transferring 435,669 shares, Sagicor Group declined $1.23 to $67.52 while trading 22,052 shares, Salada Foods gained $3 to end at $35, in an exchange of 144 units, Seprod closed 49 cents lower to $46.50, with 78,103 shares changing hands. Stanley Motta swapped 269,383 shares at $5.75, after gaining 75 cents, Sygnus Credit Investments added 50 cents to close at $24.50, in transferring 10,080 shares and Wisynco Group ended 50 cents lower at $22.50, with an exchange of 180,962 shares.
Trading in the US dollar market ended with 228,960 units valued US$67,649. The market index dipped 1.11 points to close at 228.90. Proven Investments lost half of 1 cent to close at 30.50 US cents in exchanging 213,980 units, Sygnus Credit Investments transferred 14,557 units at 16 US cents and Sterling Investments gained 0.3 cents after trading 423 units to settle at 2.7 US cents.
Prices of securities trading are those at which the last trade took place.
First Citizens hits TTSE indices hard – Friday
The Trinidad & Tobago Stock Exchange indices closed sharply lower on Friday with First Citizens trading down to $47.50 before bouncing by the close. In the end, the T&T Composite Index lost 8.85 points to close at 1,503.10. The All T&T Index dived 20.08 points to 1,911.03, while the Cross Listed Index closed with a gain of 0.35 points to end at 148.37.
The market ended with 14 securities changing hands versus 16 on Thursday and leading to the prices of four gaining, two declining and the prices of eight remaining unchanged.
Trading resulted in an exchange of 159,258 shares for $3,092,226, compared to 187,825 shares for $4,035,174 on Thursday.
IC bid-offer Indicator| The Investor’s Choice bid-offer indicator ended with the bids of seven stocks higher than their last selling prices and two with lower offers
Gains| CinemaOne rose 75 cents to close at $6.50 with an exchange of 800 shares, First Citizens Bank exchanged 6,005 stock units and gained $1.01 to settle at $53 after trading at a low for the day of $47.50. Guardian Holdings had 2,259 units crossing the exchange with a rise of 20 cents to close at $22 and NCB Financial added 5 cents and closed with 1,583 shares trading at $11.30,
Losses| Clico Investment lost 2 cents to close at $28.46, with 72,954 units crossing the exchange and Trinidad & Tobago NGL slipped 1 cent transferring 3,980 shares to close at $20.89.
Firm Trades| Agostini’s traded 496 shares at $25.45, First Caribbean International Bank exchanged 7,789 units at $7.89, JMMB Group lost one cent and ended at $2.70, with investors trading 7,826 stock units. Massy Holdings exchanged 599 shares to close at $62.05, National Flour exchanged 49,743 shares and closed at $1.49, Republic Holdings closed trading with 134 shares at $143, Scotiabank ended trading with 5,163 units to close at $62 and West Indian Tobacco closed at $38.50 in transferring 727 stock units.
Prices of securities trading are those at which the last trade took place.
Main Market breaks losing streak decisively
Stock prices bounced at the close of trading on the Jamaica Stock Exchange on Thursday with the JSE All Jamaican Composite Index surging 4,721.23 points to 531,327.44, the JSE Market Index climbed 4,335.34 points to 483,867.88 and the JSE Financial Index rose just 0.70 points to end at 131.32.
Thursday’s gains were only the second day since February started that the Main Market indices recorded gains. The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 17 declining and 7 trading firm. The JSE Main Market activity ended with 40 securities accounting for 32,214,496 units valued at $74,997,715 in contrast to 47,859,089 units valued at $86,800,194 from 42 securities on Wednesday.
Wigton Windfarm dominated trading with 14.4 million shares for 45 percent of total volume, followed by Sagicor Select Financial Fund with 12.7 million units for 39 percent of the day’s trade and QWI Investments with 1.7 million shares for 5 percent of the market’s volume.
The Market closed with an average of 805,362 units valued at an average of $1,874,943 for each security traded, in contrast to 1,139,502 units valued at an average of $2,066,671 on Wednesday. The average volume and value for the month to date amount to 690,207 units valued $2,559,814 for each security changing hands compared to 677,341 units valued at $2,646,233 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 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 three closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times the 2019 earnings.
In the prime market, Barita Investments closed $1 lower to $69, with an exchange of 8,842 shares, Caribbean Cement climbed $2.91 to $70, after trading 28,342 shares, Eppley lost 50 cents to end at $13.50, in transferring 1,845 units, Eppley Caribbean Property Fund advanced to $42, with gains of $5 after exchanging 6,791 shares. Grace Kennedy lost 50 cents and closed at $68, with 9,357 units changing hands, Jamaica Broilers ended at $33.80, with a loss of 60 cents trading 33,073 shares, Jamaica Stock Exchange rose $1.99 to settle at $30.99 in transferring 26,431 shares. JMMB Group lost $1 to close at $43.50, with 156,628 units trading. Kingston Wharves advanced by $6.85 to $61.85, with a mere 150 units traded, Mayberry Investments gained 92 cents to end at $8.10, in exchanging 75,325 shares, MPC Caribbean Clean Energy tumbled by $14.50 to $180, after swapping 298 units. 
NCB Financial settled at $184.50, with a loss of 50 cents transferring 49,078 shares, Pulse Investments ended $1.08 higher to $9.98, with 285,756 shares changing hands, Sagicor Group closed at $68.75, losing $1.25 in trading 46,397 shares. Scotia Group gained 50 cents to end at $54, in transferring 86,072 units, Seprod closed 99 cents higher to $46.99, with 12,565 shares traded, Supreme Ventures ended at $21.70, after losing 30 cents exchanging 90,508 units. Sygnus Credit Investments gained 78 cents trading 24,120 units in closing at $24 and Wisynco Group ended the day’s trade 40 cents higher at $23, with 197,788 units changing hands.
Trading in the US dollar market ended with 24,037 units valued at over US$6,341. The market index soared 13.22 points to close at 230.01. Proven Investments gained 4 cents to close at 31 US cents in trading 16,635 units and Sygnus Credit Investments lost 1 cent to end at 16 US cents, with an exchange of 7,402 units.
JSE volume rises index down
Trading on the Jamaica Stock Exchange Main market on Wednesday closed with, high volume but the value was low at 42 percent below the average level for January
At the close, the JSE All Jamaican Composite Index fell 624.98 points to close at 526,606.21, the JSE Market Index lost 565.71 points to 479,532.54 and the JSE Financial Index was unchanged at 130.62.
The market, closed with 44 securities changing hands in the Main and US dollar markets with the prices of 16 advancing, 19 declining and 9 trading firm. The market ended with 138 Student Living preference share closing at a 52 weeks’ low while Sagicor Select Financial Fund traded at an intraday low of 80 cents. The JSE Main Market activity ended with 42 securities accounting for 47,859,089 units valued at $86,800,194 in contrast to 27,628,819 units valued at $81,726,949 from 38 securities on Tuesday.
Wigton Windfarm dominated trading with 28.7 million shares for 60 percent of total volume. Sagicor Select Financial Fund with 13.3 million units for 28 percent of the day’s trade followed and Sagicor Select Manufacturing and Distribution with 2.7 million shares, for 6 percent of the market’s volume. QWI Investments with 1.6 million shares changing hands was the only other stock trading more than one million units.
The Market closed with an average of 1,139,502 units for $2,066,671 for each security traded, in contrast to 727,074 units valued at an average of $2,150,709 on Tuesday. The average volume and value for the month to date amount to 677,341 units valued at $2,646,233 for each security changing hands, compared to 615,914 units valued at $2,734,748 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 19.1, while the Main Market ended at 18.3 times 2019 earnings.
In the Main Market, Barita Investments added $1.49 to end at $70 with 39,642 shares changing hands, Caribbean Cement closed 71 cents lower at $67.09, in swapping 9,907 units, Grace Kennedy gained $1.50 and rose to $68.50 in transferring 17,588 stock units. Jamaica Broilers ended at $34.40, with gains of 60 cents in exchanging 6,287 shares, Jamaica Producers lost 49 cents to settle at $24.01 trading 4,073 shares, JMMB Group closed $1.40 higher to $44.50, in swapping 81,036 units. Kingston Properties gained $1.13 to close at $6, with an exchange of 8,734 stock units, Kingston Wharves dropped $5 to settle at $55 after transferring 10,641 units. NCB Financial rose $2.99 to $185, with 44,515 crossing the exchange, PanJam Investment ended at $100, with gains of $1.50 after trading 1,480 units. 
Proven Investments climbed $2.60 to $48.60, with 8,092 shares changing hands, Pulse Investments slid $1.10 to settle at $8.90 while transferring 62,885 shares, Sagicor Group gained $1 and advanced to $70, trading 121,142 stock units. Sagicor Real Estate Fund closed 30 cents higher at $9, in transferring 18,931 units, Stanley Motta dipped 50 cents to $5, with 29,253 shares traded. Supreme Ventures ended at $22, after gaining 45 cents and exchanging 32,493 units and Sygnus Credit Investments lost 94 cents exchanging 44,599 units and ending the day’s trade at $23.22. 138 Student Living preference share, lost 50 cents to close at a 52 weeks’ low of $5 while trading just 236 units.
Trading in the US dollar market ended with 30,458 units for US$8,252. The market index declined 12.14 points to close at 216.79. Proven Investments lost 4 cents to close at 27 US cents trading 30,332 units and Sygnus Credit Investments gained 1.6 cents to end at 17 US cents, with an exchange of 126 units.