After four straight days of declines, investors pushed more stocks higher in market activity on Friday with the volume of shares dropping 51 percent with 60 percent less value than on Thursday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index climbed 1,557.35 points to 428,335.36, the JSE Main Index advanced 718.53 points to finish at 387,047.78 and the JSE Financial Index slipped 0.33 points to close at 94.99.
At close, a total of 50 securities were traded compared to 49 on Thursday, 23 rose, 14 fell and 13 ended unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.2. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total 9,898,970 shares traded for $136,479,588 versus 20,045,378 units at $339,681,628 on Thursday. Wigton Windfarm led trading with 42.7 percent of total volume for an exchange of 4.23 million shares followed by Kingston Wharves 20.4 percent with 2.02 million units and Sterling Investments 8.3 percent with 816,803 shares.
Trading averages 197,979 units at $2,729,592, compared to 409,089 shares at $6,932,278 on Thursday and month to date, an average of 520,895 units at $5,273,111, down from 547,333 units at $5,488,663 on Thursday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments fell $1.06 to $89.94 with a transfer of 6,039 shares, Berger Paints shed $1.09 in closing at $12.64 after exchanging 12,485 stock units, Caribbean Cement fell $1.01 to $73.99 after trading 8,032 units Caribbean Producers rallied $1.30 to close at a record closing high of $12.15 with 535,747 stocks crossing the market, Eppley popped $1.35 to $39.85 in an exchange of 736 units, Eppley Caribbean Property Fund lost 25 cents in closing at $42.25 with the swapping of 1,083 stocks. First Rock Capital gained 39 cents to end at $10.79 in exchanging 2,753 stock units, GraceKennedy spiked 52 cents to $99 in switching ownership of 89,171 shares, Guardian Holdings dropped $4 to close at $515 with the swapping of 22,209 units. Jamaica Broilers advanced $1.40 to $29.99 with 2,994 stocks changing hands, Jamaica Producers lost 50 cents to end at $23 with 41,504 stock units crossing the market, JMMB Group rose 48 cents in closing at $38.30 trading 90,352 shares. Kingston Wharves declined $1.98 to $41 in an exchange of 2,017,426 shares, Mayberry Investments rose 85 cents to $8.85 with 108 units changing hands, MPC Caribbean Clean Energy popped 98 cents to close at $100.98 with a transfer of 119 stocks.
PanJam Investment advanced $1.48 to end at $64.98 after 659 stock units cleared the market, Sagicor Group rose 84 cents in closing at $51.98 in switching ownership of 23,709 stocks, Scotia Group gained 49 cents to end at $36.99 in trading 44,370 stock units. Stanley Motta fell 40 cents to $4.90 in switching ownership of 5,152 shares, Sygnus Real Estate Finance declined $2.51 to close at $15.21 with the swapping of 28,206 units and Wisynco Group popped 46 cents in closing at $16.96 in an exchange of 358,723 stock units.
In the preference segment, JMMB Group 7.25% gained 36 cents to close at $2.76 with 2,700 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index dipped 275.56 points to close at 426,778.01, the Main Index fell 179.99 points to 386,329.25 and the JSE Financial Index rose 0.60 points to end at 95.32.
Trading averages 409,089 units at $6,932,278 compared to 1,556,919 shares at $11,463,562 on Wednesday and month to date, an average of 547,333 units at $5,479,377 versus 559,831 units at $5,348,026 on Wednesday. November closed with an average of 233,949 units at $2,695,416.
Mayberry Investments advanced $1 to close at $8 in transferring 15,178 units, NCB Financial popped $1.05 to close at $120.05 in an exchange of 15,930 shares, PanJam Investment gained 45 cents to finish at $63.50 with 15,670 stock units changing hands. Sagicor Group shed 46 cents to end at $51.14 with 34,253 stocks crossing the exchange, Scotia Group lost 35 cents in ending at $36.50 with the swapping of 1,161 units, Seprod declined $1 to $62 in trading 22,001 stocks. Stanley Motta gained 30 cents to close at $5.30 after exchanging 931 shares, Sygnus Credit Investments shed 37 cents in ending at $14.93, with 169,421 stocks changing hands, Sygnus Real Estate Finance advanced $1.71 to $17.72 with an exchange of 1,500 stock units and Wisynco Group gained 30 cents to end at $16.50 in trading 62,203 units.
L.J. Williams B share increased 24 cents to a 52 weeks’ high of $1.84 in trading 655 stock units, Massy Holdings lost 33 cents to end at $95.25 in an exchange of 4,471 shares, National Enterprises ended at $3.20 in an exchange of 730 units. National Flour Mills rallied 3 cents to close at $1.90 while exchanging 260 stocks, NCB Financial Group inched 2 cents up to $8.04 after trading 267,264 shares, One Caribbean Media dropped 25 cents to $4.45 in switching ownership of 643 stock units. Prestige Holdings ended unchanged at $7, after exchanging 500 units, Republic Financial Holdings ended unchanged at $138 trading 120 stock units, Scotiabank gained $2 in ending at $69 while exchanging 20 shares. Trinidad & Tobago NGL finished at $20, with 60 stocks clearing the market, Trinidad Cement remained at $3.50 trading 16,422 units, Unilever Caribbean declined 25 cents to end at $16.10 with 36,550 units changing hands and West Indian Tobacco shed 5 cents to $28.45 after 2,404 stocks crossed the market.
The All Jamaican Composite Index dived 3,385.14 points to 427,053.57, the JSE Main Index dropped 2,989.61 points to end at 386,509.24 and the JSE Financial Index shed 0.87 points to close at 94.72.
Trading averages 1,556,919 units at $11,463,562 compared to 267,966 shares at $2,506,674 on Tuesday and month to date, an average of 559,831 units at $5,348,026, compared to 462,948 units at $4,753,804 on Tuesday. November closed with an average of 233,949 units at $2,695,416.
Scotia Group spiked 85 cents to end at $36.85 with 36,121 stocks changing hands, Seprod rose $1 to close at $63 in trading 3,084 stock units, Stanley Motta gained 45 cents to finish at $5 in trading 7,401,000 shares. Supreme Ventures dipped 40 cents to $18.10 after an exchange of 25,713 stock units, Sygnus Credit Investments gained 44 cents after ending at $15.30 in switching ownership of 21,267 shares and Wisynco Group lost 30 cents to settle at $16.20 in exchanging 40,794 stocks.
At the close, 18 securities traded, down from 21 on Tuesday, with seven rising, five declining and six ending unchanged. The Composite Index climbed 6.63 points to 1,463.62, the All T&T Index spiked 11.03 points to 2,021.31 and the Cross-Listed Index rose 0.27 points to settle at 121.48.
JMMB Group ended at $2.22 after 19,000 stock units changed hands, Massy Holdings closed at $95.58 with an exchange of 5,764 stocks, National Enterprises dropped 5 cents to $3.20 while exchanging 100 shares. National Flour Mills remained at $1.87 in exchanging 414 units, NCB Financial Group advanced 2 cents to $8.02, with 6,123 stock units clearing the market, Prestige Holdings slipped 1 cent to $7 after swapping of 6,584 stocks. Republic Financial Holdings fell 1 cent to $138 in facilitating ownership switching 1,329 stocks, Scotiabank spiked $2 in closing at $67 in an exchange of 411 stock units, Trinidad & Tobago NGL rose $1 to $20 trading 41,130 shares. Trinidad Cement rallied 9 cents to close at $3.50 with an exchange of 19,500 units, Unilever Caribbean closed unchanged at $16.35 after exchanging 88 units and West Indian Tobacco ended at $28.50, with 172 stock units crossing the market.
Investor’s Choice bid-offer indicator shows eleven stocks ending with bids higher than their last selling prices and two with lower offers.
Mayberry Investments lost 50 cents to end at $8.50 with an exchange of 2,290 shares, Palace Amusement advanced $30 to $1,030 in switching ownership of two stocks, PanJam Investment rose 73 cents to $67.63 in an exchange of 458 units. Proven Investments lost 35 cents to close at $33.55 in trading 3,376 stocks, Scotia Group shed $1 in ending at $36 with 530,665 shares changing hands, Seprod declined $1.06 to $62 in an exchange of 63,146 stock units and Stanley Motta lost 45 cents in closing at $4.55 with a transfer of 41,085 shares.
At the close, 21 securities traded up from 14 on Monday, with eight rising, seven declining with six left unchanged. The Composite Index dropped 2.53 points to close at 1,456.99, the All and Index dipped 3.91 points to 2,010.28 and the Cross-Listed Index lost 0.15 points to settle at 121.21.
Massy Holdings closed at $95.58 after trading 22,227 units, National Enterprises spiked 6 cents to $3.25 while exchanging 35 stock units, National Flour Mills dipped 3 cents to $1.87 as 292 shares crossed the exchange. NCB Financial Group remained at $8 with the swapping of 5,000 stock units, One Caribbean Media gained 30 cents to close at $4.70 in trading 354 units, Prestige Holdings declined 19 cents in closing at $7.01 after trading 511 shares. Republic Financial Holdings increased 1 cent to $138.01 in exchanging 10,627 stocks, Scotiabank dropped $3 to $65 with an exchange of 1,624 shares, Trinidad & Tobago NGL finished at $19 while exchanging 55,624 units. Trinidad Cement lost 39 cents to close at $3.41 in trading 21,971 stocks, Unilever Caribbean advanced 15 cents to end at $16.35 in exchanging 4,294 stock units and West Indian Tobacco rose 30 cents to $28.50, with 174 stock units changing hands
November closed with an average of 233,949 units at $2,695,416.
NCB Financial shed 90 cents to $119 with 14,714 stocks clearing the market, PanJam Investment declined $1.10 to $66.90 after an exchange of 31,304 units, Proven Investments gained 40 cents in ending at $33.90 in 16,308 shares switching owners. Sagicor Group spiked 40 cents to $52.40 in exchanging 7,501 stock units, Scotia Group shed $1.48 to close at $37 with the swapping of 135,945 stocks, Seprod popped 55 cents to end at $63.06 in transferring 19,824 shares. Stanley Motta fell 50 cents to $5 in trading 897 stock units and Sygnus Credit Investments lost 50 cents ending at $15 with 13,167 units changing hands.
At the close the Investor’s Choice bid-offer indicator is flashing positive signals, with the bids of nine stocks ending higher than their last selling prices and none with a lower offer.
Clico Investment Fund fell $2 to $27, with 70,891 stock units changing hands, First Citizens Group remained at $58 with the swapping of 697 units, GraceKennedy advanced 5 cents to close at $6.10, with 31,414 stock units clearing the market. Guardian Holdings shed 90 cents to $30.50 in trading 1,400 shares, Massy Holdings gained $1.58 in closing at $95.58 while exchanging 10,362 stocks, National Flour Mills ended unchanged at $1.90 in an exchange of 10,500 units. NCB Financial Group lost 1 cent in ending at $8 with an exchange of 92,250 shares, Republic Financial Holdings finished at $138 after 3,794 stocks crossed the market, Scotiabank ended at $68 in trading 1,600 stock units. Trinidad & Tobago NGL rallied 55 cents to $19 after trading 52,461 units and Trinidad Cement dipped 4 cents to close at $3.80 in exchanging 50,000 stocks.
Trading on Friday averaged 837,914 units at $9,140,615 versus 152,959 shares at $1,253,780 on Thursday and month to date, an average of 427,920 units at $5,353,555 compared to 371,370 units at $4,831,202 on Thursday. November closed with an average of 233,949 units at $2,695,416.
Kingston Wharves popped 50 cents after ending at $43.50 with 4,479 stocks crossing the exchange, Mayberry Investments fell 99 cents to $7.50 in an exchange of 2,325 units, Mayberry Jamaican Equities shed 51 cents to settle at $8.50 with the swapping of 1,377,094 shares. Palace Amusement dropped $30 to end at $1,000 after trading 53 units, Sagicor Group shed $1 to close at $52 with an exchange of 64,397 stock units, Scotia Group rose 58 cents to $38.48 in transferring 42,472 shares. Seprod fell 69 cents in closing at $62.51 with 26,500 stocks changing hands and Sygnus Credit Investments rallied 50 cents to end at $15.50 after trading 83,428 stock units.