Trading broke the $200 million mark for the first time this year on Friday, the last trading day for the in January for Jamaica Stock Exchange Main Market and the only second time for the month that trading value exceeded $110 million in a day when just over $116.6 million worth of shares crossed the market on January 20.
The market closed with 11,980,396 shares, 30 percent more than Thursday and 168 percent more in value at $215,025,944, up from 9,368,496 units at $83,242,802 on Thursday.
Trading averaged 272,282 units at $4,886,953 for each security, compared to an average of 234,212 shares at $2,081,070 on Thursday. The month to date averaged 311,456 units at $1,435,407 for each stock, in contrast to 313,511 units at $1,254,396 on the prior trading day and well off December average of 455,206 units at $7,774,631.
Wigton Windfarm led trading with 19.1 percent of total volume after an exchange of 2.29 million shares followed by Sagicor Select Financial Fund with 14.3 percent for 1.71 million units, Grace Kennedy chipped in with 11.5 percent for 1.38 million units and Transjamaican Highway with 11.4 percent for 1.37 million units.
At the close, the All Jamaican Composite Index climbed 2,827.24 points to 425,254.53, the JSE Main Index rose 2,558.50 to 387,937.83 and the JSE Financial Index added 0.56 points to close at 99.32.
Trading ended with 44 securities changing hands compared to 40 on Thursday and closed with prices of 17 stocks rising, 18 declining and nine remaining unchanged. The average PE Ratio was 16.6 based on ICInsider.com forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and two with lower offers.
At the market closing, Caribbean Cement dropped $3.99 to $60.51, with a transfer of 27,289 shares. First Rock Capital gained 40 cents to $13.10 after 2,635 units crossed the market. Jamaica Producers closed 40 cents higher at $20, in trading 15,002 stocks. Jamaica Stock Exchange rose 30 cents to $19.50 in trading 129,636 stock units, JMMB Group climbed $1.10 to $32.50, with an exchange of 80,460 shares, Kingston Wharves rose $2.50 $46.50, after switching ownership of 4,238 stocks. Mayberry Investments shed 38 cents to finish at $5.45 in an exchange of 5,232 stock units, 138 Student Living gained 45 cents in ending at $4.45 and trading 4,039 units, Palace Amusement dropped $164 to close at $1,051, with investors swapping 4 units. 
Pan Jam Investment declined by $3 to $67, with 134,726 stocks crossing the market, Sagicor Group advanced by $3.01 to $52 after trading 598,948 stock units, Sagicor Real Estate Fund fell 95 cents to $8 in exchanging 19,000 shares. Salada Foods climbed $3 to $37, in swapping of 80,784 units, Scotia Group rose 79 cents to close at $43.79, in an exchange of 28,402 stock units, Sygnus Credit Investments shed 30 cents in closing at $16, with 34,889 units crossing the market and Victoria Mutual Investments lost 30 cents to end at $5.55, with the swapping of 62,867 stocks.
In the preference segment, Eppley 8.25% gained 42 cents to settle at $7, in exchanging 2,081 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index climbed 3,030.64 points to 422,427.29, the Main Index advanced by 2,742.58 points to 385,379.33 and the JSE Financial Index gained 0.83 points to settle at 98.76.
Trading for the day averaged 234,212 units at $2,081,070 for each security, compared to an average of 135,516 shares at $991,633 on Wednesday. The month to date averaged 313,511 units at $1,254,396, in contrast to 317,481 units at $1,213,011 on Wednesday. Trading in December averaged 455,206 units at $7,774,631.
Salada Foods rose $1 to end at $34, with 130,075 shares changing hands, Scotia Group gained 50 cents to end at $43 trading 47,495 stock units and Wisynco Group rose 50 cents to $16.50, with an exchange of 190,585 stocks.
At the close, the All Jamaican Composite Index shed 8.73 points to settle at 419,396.65, the Main Index slipped 12.43 points to 382,636.75 and the JSE Financial Index lost 0.37 points to settle at 97.93.
Transjamaican Highway led trading with 41 percent of total volume for 2.45 million shares followed by Sagicor Select Financial Fund with 22.7 percent for 1.35 million units and Wigton Windfarm with 9 percent market share, with 533,829 units changing hands.
Pan Jam Investment advanced by $2 to $68, with 4,690 stocks changing hands, Scotia Group declined $1.50 to end at $42.50 trading 28,644 shares. Supreme Ventures rose 34 cents to close at $17.25 and finishing with an exchange of 31,430 stock units and Sygnus Credit Investments ended 30 cents higher at $16.40, after crossing the market with 10,730 stocks.
At the close, the All Jamaican Composite Index advanced by 793.87 points to 419,405.38 and the Main Index rose 732.08 points to 382,649.18, and the JSE Financial Index gained 0.60 points to settle at 98.30.
Trading averaged 252,025 units at $1,384,475 for each security, compared to an average of 683,391 shares at $1,732,445 on Monday. The month to date averaged 328,085 units at $1,225,912, in contrast to 333,020 units at $1,215,624 on Monday. Trading in December averaged 455,206 units at $7,774,631.
Sagicor Group rose 85 cents to $47.50, with 156,219 units crossing the market, Sagicor Real Estate Fund gained 70 cents to close at $8.95 trading 500 stocks, Salada Foods fell $3 to $33, with 966 stock units changing hands. Scotia Group fell 50 cents to $44 after the transferring of 20,375 units and Sygnus Credit Investments closed at $16.10, with a loss of $1.80 136,520 stock units changing hands.
At the close, the All Jamaican Composite Index dropped 4,370.75 points to 418,611.51, the Main Index fell by 3,942.49 points to 381,917.10 and the JSE Financial Index lost 0.93 points to settle at 97.70.
Trading in December averaged 455,206 units at $7,774,631.
Sagicor Real Estate Fund shed 70 cents to settle at $8.25 trading 4,399 stock units, Salada Foods rose $1 to close at $36, in an exchange of 84 shares, Supreme Ventures shed 65 cents to $16.80, with 15,186 stocks crossing the market. Sygnus Credit Investments slipped 49 cents to $17.90 after transferring 18,380 stock units and Wisynco Group lost 33 cents in closing at $16 trading 84,310 shares.
initially reported by the company to just $29 million with the stock selling off to a low of 95 cents but bounced a bit thereafter.
The top three stocks in the Junior Market with the potential to gain between 208 to 363 percent are Caribbean Producers followed by Elite Diagnostic and Lasco Financial. With expected gains of 124 to 331 percent, the top three Main Market stocks are, Berger Paints followed by Scotia Group and Carreras.
The average projected gain for the Junior Market IC TOP 10 stocks is 174 percent and 127 percent for the JSE Main Market, based on 2020-21 earnings. IC TOP10 stocks are likely to deliver the best returns up to March 2021 and ranked in order of potential gains, based on likely gain for each company, taking into account the earnings and PE ratios for the current fiscal year. Expected values will change as stock prices fluctuate and result in movements in and out of the lists weekly. Revisions to earnings per share are ongoing, based on receipt of new information.
Sagicor Real Estate Fund advanced by 70 cents to close at $8.95, in clearing the market with 193 units, Salada Foods rose 99 cents to $35 while exchanging 300 stock units and Scotia Group finished 60 cents higher at $44.60, with 75,000 shares changing hands.
At the close, the market is down 2.7 percent for the year so far (39 percent annualized) as the All Jamaican Composite Index dropped 1,727.89 points to 421,858.35, the Main Index fell by 1,536.26 points to 384,842.53 and the JSE Financial Index lost 1.21 points to settle at 98.31.
Trading averaged 612,451 units at $1,184,975, versus 235,221 shares at $2,649,800 on Wednesday. Trading month to date averaged 310,349 units at $1,157,230, in contrast to 288,359 units at $1,155,210 on Wednesday. Trading in December averaged 455,206 units at $7,774,631.
Proven Investments finished 40 cents higher at $36.90, in an exchange of 5,239 stock units, Sagicor Real Estate Fund shed 70 cents in closing at $8.25, in clearing the market with 2,042 shares, Scotia Group slipped 30 cents to $44 while exchanging 7,718 stocks. Stanley Motta gained 39 cents to settle at $5.45, in trading 296 stock units, Supreme Ventures rose 50 cents to close at $17.50, with the swapping of 50,071 shares and Sygnus Credit Investments advanced by 99 cents to $18.39, with 5,816 units changing hands.
The All Jamaican Composite Index fell by 1,177.07 points to 423,586.24, the Main Index declined 925.66 points to 386,406.15 and the JSE Financial Index lost 0.30 points to close at 99.52.
Trading for the day averaged 235,221 units at $2,649,800, compared to 130,214 shares at $830,150 on Tuesday. Trading month to date averaged 288,359 units at $1,155,210, in contrast to 292,746 units at $1,031,829 on Tuesday. Trading in December averaged 455,206 units at $7,774,631.
NCB Financial rose $1 in ending at $139, with the swapping of 25,215 shares, 138 Student Living rose 65 cents to $4, in exchange of 200 units, Pan Jam Investment gained 41 cents to settle at $68.50, after clearing the market with 5,825 units, Sagicor Group lost 75 cents to end at $49.25, with an exchange of 8,531 units. Scotia Group closed at $44.30, with gains of 30 cents after exchanging 12,713 shares, Supreme Ventures rose 35 cents to $17 trading 14,379 stocks, Sygnus Credit Investments finished 40 cents higher at $17.40, with the swapping of 74,012 stock units.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
Salada Foods settled at $34.01, with a loss of 99 cents after exchanging 100 shares, Scotia Group climbed $1.90 to $44, in swapping 4,422 units, Stanley Motta slipped 41 cents to $5.06, in crossing the market with 4,021 stock units and Supreme Ventures shed 65 cents to close at $16.65, after 34,402 shares cleared the market.