The Jamaica Stock Exchange Main Market ended trading on Friday with the market rising in the last few minutes ahead of the close after more stocks rose than declined as investors exchanged 47 percent fewer shares with a value that was 67 percent greater than on Thursday.
At the close, the All Jamaican Composite Index gained 833.71 points to settle at 404,181,98, the Main Index carved out a rise of 772.67 points to end at 368,870.639 and the JSE Financial Index added 0.05 points to close at 95.70.
Trading ended with 44 securities changing hands compared to 43 securities on Thursday and ended with the prices of 19 stocks rising, the prices of 14 declining and 11 remaining unchanged. The average PE Ratio of the market ended at 15.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 20,605,919 shares for $226,351,750 compared to 39,119,819 units at $135,564,924 on Thursday.
Wigton Windfarm led trading with 10.3 million shares for 50 percent of total volume followed by Pulse Investments with 3.3 million units for 16 percent of the day’s trade and Kingston Wharves with 1.9 million units for 9.3 percent market share. The only other stock trading over a million shares is Transjamaican Highway, with 1.3 million units.
Trading ended with an average of 468,316 units changing hands, for the day at $5,144,3583 for each security, in comparison to an average of 909,763 shares at $3,152,673 on Thursday. The average trade for the month to date, ended at 409,246 units at $2,120,026, for each security, in contrast to 401,777 units at $1,737,639 on Thursday. Trading month to date compares well to July, with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Berger Paints gained $1.44 to end at $12.44 with an exchange of 2,044 stocks, Caribbean Cement gained $2 to settle at $44, with 20,410 shares changing hands, Eppley carved out a gain of $2.38 to close at $17.50 in trading just ten stock units. Eppley Caribbean Property Fund increased $2.10 after closing at $49.10, trading 23,400 units, First Rock Capital lost 73 cents to close at $12.26 in an exchange 0f 31,493 shares. Jamaica Broilers Group added 26 cents to end at $26 and clearing the market, with 366,302 stock units, 
Jamaica Producers increased 90 cents to end at $22.90 and finishing with 8,565 shares changing hands, Jamaica Stock Exchange lost 54 cents to close at $20 in trading 130,275 stock units. JMMB Group rose $1.15 to settle at $31.15, trading 23,103 shares, Key Insurance gained 92 cents to end at $7.99 in exchanging 19,577 stock units, MPC Caribbean Clean Energy carved out a gain of $2 in ending at $152 and finishing trading of 800 stock units. Palace Amusement dropped $93.83 to close at $1,690 with investors switching ownership of 10 units, PanJam Investment jumped $3.50 to $72 with an exchange of 86,201 stock units, Proven Investments carved out a gain of 21 cents to close at $34.01 in trading 12,430 stock units. Scotia Group carved out a loss $1.95 in ending at $44.05 in exchanging 102,735 shares, Seprod climbed 99 cents to $54.99, with 7,744 stocks changing hands and Wisynco Group lost 29 cents to end at $17.50 clearing the market with 177,442 stock units.
In the preference segment of the Main Market, Eppley 8.75% gained 97 cents to end at $7.47 with 2,000 stock units .crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with an average of 909,763 units changing hands for the day at $3,152,673 for each security, in comparison to an average of 152,000 shares at $1,199,070 on Wednesday. The average trade for the month to date ended at 401,777 units at $1,737,639 for each security, in contrast to 330,159 units at $1,538,143 on Wednesday. Trading month to date compares well to July with an average of 374,929 units at $2,445,605 (392,128 shares for $2,444,356.
Kingston Wharves climbed 50 cents to $53, with just 2,071 units passing through the market, Mayberry Investments carved out a loss 75 cents to settle at $5.15 in an exchange of 19,239 shares, Mayberry Jamaican Equities dropped by 45 cents to close at $8.75 with investors wapping 152,360 units. NCB Financial climbed $7.88 trading 65,722 stock units at $137.90, PanJam Investment rose $1.75 to end at $68.50, with 11,860 shares changing hands, Proven Investments dropped $1.90 in ending at $33.80, with 2,500 stocks passing through the market. Sagicor Group increased by $4 to close at $44 in exchanging 682,448 stocks, Salada Foods shed $2 to settle at $25 after exchanging 42,000 units, Scotia Group dropped $1.73 to end at $46 in an exchange of 3,707 stocks. Seprod lost $2.24 to close at $54 in an exchange of 16,518 stocks, Stanley Motta rose 38 cents to settle at $5.13 with investors switching ownership of 37 shares, Supreme Ventures lost 65 cents to end at $14.50 with investors trading 152,771 shares. Victoria Mutual Investments declined by 37 cents to $6.57 with 69,669 stock units changing hands and Wisynco Group gained 58 cents to end at $17.79, with 11,650 stocks clearing the market.
At the close, the All Jamaican Composite Index fell 2,977.80 points to settle at 399,966.07, the Main Index dropped by 2,833.33 points to end at 364,976.44 and the JSE Financial Index carved out a loss 0.77 points to close at 94.06.
For the month to date, the average trade is 330,159 units at $1,538,143 for each security that traded, in contrast to 360,995 units at $1,596,828 to Tuesday. Trading for the month to date compares well to July with an average of 392,128 shares for $2,444,356.
Key Insurance carved out a gain of 50 cents ending at $7.50 with investors swapping 1,135 units, Kingston Properties increased 57 cents to $7.60 after exchanging ten units. Kingston Wharves declined by $1.30 to close at $52.50 passing through the market 7,089 stock units, MPC Caribbean Energy declined by $19.85 to settle at $150 in trading 770 stock units, NCB Financial fell by $6.98 in closing at $130.02, with 222,268 shares passing through the market. Proven Investments increased 30 cents to settle at $35.70 in an exchange of 27,348 shares, Sagicor Group advanced by 90 cents in ending at $40 after trading 52,290 units, Salada Foods dropped by $1 to end at $27 in an exchange of 1,000 shares. Seprod advanced by $1.24 to close at $56.24 after trading 5,507 stocks, Sygnus Credit Investments shed 31 cents to close at $15.99 with 7,381 stocks changing hands and Wisynco Group shed 67 cents to end at $17.21 with investors swapping 82,451 units.
At the close of the market, the All Jamaican Composite Index carved out a loss of 2,268.81 points to settle at 402,943.87. The JSE Main Index fell 2,044.31 points to end at 367,809.77, the JSE Financial Index fell 0.24 points to settle at 94.83.
The day ended with 269,280 units on average trading at $1,129,730 for each security, in comparison to an average of 308,397 shares at $1,154,272 on Monday. The average traded for the month to date is 360,995 units at $1,596,828 for each security, in contrast to 378,165 units at $1,684,276 on Monday. Trading month to date compares well to July with an average of 392,128 shares for $2,444,356.
Key Insurance fell 50 cents to end at $7, with 34,354 shares passing through the market. NCB Financial Group climbed $3.45 to end at $137 after 79,513 shares crossed the exchange, 138 Student Living rose 60 cents to $6.60, finishing trading with 3,119 stock units, PanJam Investment fell $1.26 to $66.74, with an exchange of 11,013 shares, Proven Investments advanced by 40 cents to close at $35.40 trading 151 units. Sagicor Groupfell $1.41 after closing at $39.10 and exchanging 39,769 stocks, Sagicor Real Estate Fund lost 84 cents to end at $8 in trading 10,098 units, Salada Foods climbed $1 to close at $28 and clearing the market with just 200 shares. Scotia Group gained $3.30 to close at $47.50, finishing trading of 7,124 shares, Seprod fell $1.96 to close at $55 after exchanging 31,637 stocks and Stanley Motta declined by 38 cents to settle at $4.75 in trading 15,000 shares.
An average of 378,165 units traded for the month to date at $1,684,276 for each security, in contrast to 394,720 units at $1,810,039. Trading month to date compares adversely to July that ended with an average of 392,128 shares for $2,444,356.
First Rock Capital lost 51 cents to end at $13.50, clearing the market with 3,913 stock units, Jamaica Producers Group carved out a gain of $1.10 to close at $23.85 after exchanging 18,550 stock units, Jamaica Stock Exchange rose 95 cents to settle at $23.95, with 55,562 stock units crossing the exchange. Key Insurance fell by $1 closing at $7.50, with 10,894 units changing hands, Kingston Wharves rose $2.80 ending at $53.80 with an exchange of 768 units, NCB Financial Group dropped $4.45 to end at $133.55 while trading 32,645 units. Palace climbed $222.83 to $1,783.83 and 9 stock units passing through the market, Sagicor Group dipped $1.49 to settle at $40.51 exchanging 44,579 units. Sterling Investments lost 30 cents to end at $2.70 with investors swapping 932 shares and Wisynco Group gained 39 cents to end at $17.99 with an exchange of 28,333 stock units.
Caribbean Producers heads the list, followed by Lasco Financial and Stationery and Office Supplies.
The company declared a dividend of $2.216 per share payable on October 7, with an Ex-dividend date, of September 21.
The average projected gain for the IC TOP 10 stocks is 257 percent, for the Junior Market and 149 percent for the JSE Main Market, based on 2020-21 earnings, an indication that there is the potential to make greater gains in the Junior Market than in the Main Market.
Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
Kingston Wharves gained $1 to end at $51, with 3,270 stocks changing hands. Mayberry Investments climbed 90 cents to close at $5.90 with an exchange of 300 shares, Mayberry Jamaican Equities advanced by 44 cents to end at $9.19 with investors switching ownership of 10,750 units, Palace Amusement rose $11 to close at $1561, with nine units clearing the market. PanJam Investment shed $1 to close at $68 trading 6,594 stocks, Proven Investments carved out a gain of $1.05 to finish at $34.95 with investors switching ownership of 4,371 stock units, Sagicor Group dropped 50 cents to close at $42 with investors exchanging 33,395 stocks. Sagicor Real Estate Fund gained $1.02 to end at $8.88 while exchanging 110 stock units, Seprod gained 96 cents to settle at $56.96, with 36,600 shares crossing the exchange and Wisynco Group advanced 50 cents to $17.60 with investors wapping 85,689 stock units.
At the close, the All Jamaican Composite Index dropped 2,905.64 points to close at 404,865.14, the Main Index shed 2,630.02 points to settle at 369,556.63 and the JSE Financial Index 1.24 points to close at 95.77.
Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
Kingston Wharves carved out a loss $3.50, with $50 569 units passing through the market. Mayberry Investments lost 99 cents to close at $5 trading 104,727 stocks, Mayberry Jamaican Equities lost 55 cents to end at $8.75 in trading 51,450 units, Palace Amusement dropped by $232.50 to end at $1,550 while exchanging 172 shares. PanJam Investment gained $3 to sit at $69, with 2,258 shares crossing the exchange, Sagicor Group carved out a loss $1.45 to close at $42.50, after 111,287 units changed hands, Scotia Group fell $3.95 to $44.05 in an exchange of 25,815 shares and Sygnus Credit Investments declined by 50 cents to settle at $16 while exchanging 9,658 stock units.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
Sagicor Real Estate Fund dropped $1.03 to end at $7.86 trading 455 stocks. Salada Foods shed $2 to close at $27 in an exchange of 265 stock units, Scotia Group lost $3.70 to settle at $48 with 41,184 shares traded, Supreme Ventures lost 39 cents to finish at $15.10 with 130,605 shares changing hands. Sygnus Credit Investments fell 30 cents to end at $16.50, with an exchange of 11,550 stock units, Victoria Mutual Investments gained 53 cents to finish at $7.03, with investors transferring 257,519 units and Wisynco Group carved out a loss 57 cents to close at $17.05 with 64,103 units crossing the exchange.
The Jamaica Stock Exchange Main Market ended trading on Monday with the market rising in a bullish session at the start of August after more stocks rose than fell after investors exchanged 39 percent fewer shares with 70 percent higher value than they did on Friday.
The market closed with an exchange of 8,211,306 shares for $88,195,049 compared to 13,543,115 units at $51,906,344 on Friday.
Mayberry Jamaican Equities increased 60 cents to close at $9.35, with 14,901 shares changing hands, NCB Financial Group carved out an increase of $1.48 to close at $139.98 and finishing with 9,557 units crossing the exchange. Palace Amusement jumped $232.50 to close at $1,782.50 in an exchange of just four units, Proven Investments declined by 45 cents in ending at $34.30 in an exchange of 832 units, Sagicor Group rose $1.01 to settle at $44, with 3,938 stock units trading. Salada Foods rose $1 to settle at $29 with investors swapping just one stock, Scotia Group climbed sharply by $5.21 to close at $51.70 with investors trading 518,331 shares, Stanley Motta rose by 43 cents to close at $5.13 in trading 10,010 stock units. Supreme Ventures gained 49 cents in ending at $15.49 after 1,129,584 shares crossed the exchange, Sygnus Credit Investments rose 93 cents to end at $16.80 trading 1,500 shares and Victoria Mutual Investments carved out a loss 53 cents to close at $6.50 while exchanging 126,311 stock units.
