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.
JSE Main Market down again – Tuesday
At the close, the JSE All Jamaican Composite Index dropped 3,090.89 points to close at 527,231.19, the JSE Market Index fell 2,798.09 points to 480,098.25 and the JSE Financial Index lost 0.13 points to 130.62.
Pulse closed at a new high after hitting a record $10.59 during the day.
The market closed, with 41 securities changing hands in the Main and US dollar markets with the prices of 15 advancing, 20 declining and 6 trading firm. At the end of trading, Pulse Investments ended at a 52 weeks’ closing high while Kingston Properties closed at a 52 weeks’ low of $4.87 and Sagicor Real Estate Fund traded at a 52 weeks’ intraday low of $7.50.
The JSE Main Market activity ended with 38 securities accounting for 27.628,819 units valued at $81,726,949 in contrast to 25,245,816 units valued at $126,226,094 from 39 securities on Monday.
Wigton Windfarm dominated trading with 11.1 million shares for 40 percent of total volume, followed by Sagicor Select Financial Fund with 8 million units for 29 percent of the day’s trade and Sagicor Select Manufacturing and Distribution with 4.7 million shares for 17 percent of the market’s volume. QWI Investments was the only other stock trading more than one million units, ending the day with 1.8 million units.
The Market closed with an average of 727,074 units at $2,150,709 for each security traded, in contrast to 647,329 units valued at an average of $3,236,567 on Monday. The average volume and value for the month to date amount to 615,914 units valued at $2,734,748 for each security changing hands compared to 600,720 units valued at $2,828,391 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 four closing with lower offers. The PE ratio of the market ended at 19.1, while the Main Market ended at 18.2 times 2019 earnings.
In the prime market, Barita Investments gained 51 cents to settle at $68.51, with an exchange of 22,520 shares, Caribbean Cement closed at $67.80, after losing $1.20 trading 14,681 shares, Grace Kennedy shed $2.20 to end at $67 in transferring 74,051 shares, Jamaica Producers closed 50 cents lower to $24.50, with 7,434 shares changing hands. Jamaica Stock Exchange dropped $1.90 to $29.10, in swapping 58,730 shares, JMMB Group ended at $43.10, with a loss of 90 cents after trading 133,263 units, Kingston Wharves gained $1.50 to settle at $60, with 1,965 units crossing the exchange. NCB Financial Group declined to $182.01, after losing $2.98, with 74,687 shares changing hands, 138 Student Living lost 59 cents to end at $4.40, trading 300 units, 
PanJam Investment closed at $98.50, after falling $2.45 and trading 6,213 stock units, Proven Investments lost $2 in closing at $46, after the swapping of just 1,064 shares. Pulse Investments added $1.50 to settle at a record high of $10 after the transfer of 202,971 shares, with the price hitting an intraday high of $10.59. Sagicor Real Estate Fund lost 30 cents to end at $8.70, with 32,919 units changing hands after trading at a 52 weeks’ intraday low of $7.50, Salada Foods climbed $2 to $32, with 90,090 shares traded and Seprod ended with an exchange of 15,557 shares at $45.75, after gaining 50 cents.
Trading in the US dollar market ended with 216,590 units valued at over US$69,187. The market index jumped 12.41 points to close at 228.93. JMMB Group 5.75% preference share traded 5,000 units at US$2, Proven Investments gained 2 cents to end at 31 US cents, after exchanging 172,225 units and Sygnus Credit Investments lost 1.6 cents to end at 15.4 US cents after transferring 39,365 units.
JSE majors lose ground
The major indices on the Main Market of the Jamaica Stock Exchange lost grounds on Monday, with the three indices followed falling on reduced trading volume.
At the close, the JSE All Jamaican Composite Index declined 1,707.65 points to close at 530,322.08, the JSE Market Index fell 1,546.68 points to 482,876.34 and the JSE Financial Index lost 0.21 points to 130.75.
The market closed, with 42 securities changing hands in the Main and US dollar markets with the prices of 17 advancing, 16 declining and 9 trading firm. The JSE Main Market activity ended with 39 securities accounting for 25,245,816 units valued at $126,226,094 in contrast to 33,972,337 units valued at $135,349,407 from 37 securities on Friday.
Sagicor Select Financial Fund with 11.7 million shares dominated trading and accounted for 46 percent of Main Market stock changing hands. Wigton Windfarm with 5.1 million shares and 20 percent of total volume, followed by Sagicor Select Manufacturing and Distribution, with 4.4 million units for 17.5 percent of the day’s trade. QWI Investments with 1 million units was the only other stocks trading more than one million units.
The Market closed with an average of 647,329 units for $3,236,567 for each security traded, in contrast to 918,171 units valued at $3,658,092 for each security, on Friday. 
The average volume and value for the month to date amount to 600,720 units valued at $2,828,391 for each security changing hands compared to 715,931 units valued at $2,747,993 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 five closing with lower offers. The PE ratio of the market ended at 19.3, while the Main Market ended at 18.5 times the 2019 earnings.
In the prime market, Barita Investments slipped $2 to $68, after exchanging 17,021 shares, Berger Paints closed 49 cents lower at $16.51 trading a mere 180 units, Grace Kennedy gained 60 cents to end at $69.20, after swapping 55,760 shares. Jamaica Broilers settled at $34, with gains of 99 cents exchanging 16,088 shares, Jamaica Stock Exchange climbed $2 to $31, in transferring 7,590 shares. JMMB Group closed 80 cents higher to $44, with 191,897 shares trading, Kingston Properties shed $1 to end at $5, after exchanging 35,000 units. Kingston Wharves dropped $7.51 to $58.50, with 3,888 units changing hands, Mayberry Jamaican Equities fell by $1.12 to $9.88 after transferring a mere 242 shares, NCB Financial Group advanced to $184.99, with gains of $2.99 and 53,906 shares changing hands. PanJam Investment climbed $1.44 to settle at $100.95 after trading 61,440 units. Proven Investments gained $1.80 and ended at $48, in swapping 4,738 units, 
Pulse Investments ended at a 52 weeks’ high of $8.50, with gains of $1.50 with 335,014 shares changing hands, Sagicor Group closed $2.80 higher to end at $68.80, in swapping 35,213 shares. Sagicor Real Estate Fund lost 60 cents to end at $9 after trading 4,586 units, Scotia Group exchanged 944,499 shares at $53.45, after losing $1.05, Sygnus Credit Investments lost $1 to settle at $24, with 23,258 shares changing hands and Wisynco Group gained $1.09 to end at $22.65 trading 162,591shares.
Trading in the US dollar market ended with 76,891 units valued at over US$18,235. The market index declined 14.06 points to close at 216.52. JMMB Group 6% preference share lost one cent, trading 5,000 units and closed at 99 US cents. Proven Investments ended at 29 US cents, after losing 2 US cents exchanging 13,700 units and Sygnus Credit Investments closed one cent lower to 17 US cents, with 58,191 units changing hands.
JSE majors break losing streak
Rising stocks edged out decliners on Friday, sending the Main Market of the Jamaica Stock Exchange higher at the close with a slightly higher value of trades than on Thursday and disrupted the market decline of the previous four days.
At the close, the JSE All Jamaican Composite Index advanced 962.01 points to close at 532,029.73, the JSE Market Index gained 855.61 points to 484,443.02 and the JSE Financial Index lost 0.58 points to 130.96.
The market closed with 40 securities changing hands in the Main and US dollar markets with the prices of 15 advancing, 13 declining and 12 trading firm. The JSE Main Market activity ended with 37 securities accounting for 33,972,337 units valued at $135,349,407 in contrast to 49,111,069 units valued at $124,613,707 from 41 securities on Thursday.
Wigton Windfarm dominated trading with 12 million shares for 35 percent of total volume, followed by Sagicor Select Financial Fund with 10.7 million units for 31.5 percent of the day’s trade and Sagicor Select Manufacturing and Distribution with 4.7 million shares for 14 percent of the market’s volume after the stock hit an intraday low of 80 cents. The only other stocks trading more than one million units were QWI Investments with 3 million units with the price trading at an intraday low of 80 cents and Scotia Group with 1.2 million shares.
The Market closed with an average of 918,171 units for $3,658,092 for each security traded, in contrast to 1,197,409 units valued at an average of $3,035,972 on Thursday. 
The average volume and value for the month to date amount to 715,931 units valued at $2,747,993 for each security changing hands compared to 669,453 units valued at $2,538,839 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 19.4, while the Main Market ended at 18.6 times 2019 earnings.
In the prime market, Berger Paints gained 50 cents to close at $17 after trading 2,616 stock units, Caribbean Cement climbed $1.85 to $69, with 4,574 shares changing hands, Eppley Caribbean Property Fund lost 46 cents after swapping 550 units and closed at $37.04. Grace Kennedy lost of 90 cents and settled at $68.60, in transferring 8,617 shares, Jamaica Broilers ended 99 cents lower to $33.01, in exchanging 29,612 shares. Jamaica Stock Exchange slid $2 to $29, after trading 54,034 shares, Kingston Wharves added $2.54 to end at $66.01, with an exchange of 1,366 units, Mayberry Investments closed 40 cents lower to $7, in swapping 37,457 shares. Mayberry Jamaican Equities gained 40 cents to settle at $11, after transferring 53,346 shares, MPC Caribbean Clean Energy advanced $4.50 to end at $194.50, in trading 200 units, NCB Financial lost $5 to close at $182, with 54,453 shares changing hands. PanJam Investment lost 49 cents to settle at $99.51, in an exchange of 4,947 units, 
Proven Investments slipped 80 cents to $46.20, trading 11,741 units, Pulse Investments closed at $7, losing 50 cents after hitting a record high of $8.50 with a transfer of 76,200 shares. Sagicor Group closed 50 cents lower to end at $66, with 51,954 shares changing hands, Sagicor Real Estate Fund ended 60 cents higher at $9.60 after trading 600 units, Scotia Group transferred 1,208,696 shares to close at $54.50, after gaining $1.50. Sygnus Credit Investments closed 50 cents higher to end at $25, with 13,607 shares changing hands and Wisynco Group shed 94 cents to end at $21.56, in swapping 339,994 shares.
Trading in the US dollar market ended with 32,514 units valued at over US$9,281. The market index advanced 10.01 points to close at 230.58. JMMB Group 6% preference share traded 2,095 units at US$1, Proven Investments gained 2.5 cents to close at 31 US cents, with 14,850 units changing hands and Sygnus Credit Investments closed at 18 US cents, after transferring 15,569 units.
More corrections for Main Market
The Main Market of the Jamaica Stock Exchange stretched its losing streak into the fourth day the JSE All Jamaican Composite Index shedding 2,281.59 points to close at 531,067.72, the JSE Market Index falling 2,132.31 points to 483,587.41.
At the close of trading, JSE Financial Index lost just 0.18 points to close at 131.54, a reflection that stocks in this segment of the market remain relatively stable on Thursday.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 14 advancing, 16 declining and 15 trading firm. The JSE Main Market activity ended with 41 securities accounting for 49,111,069 units valued at $124,613,707 in contrast to 12,415,818 units valued at $141,179,331 from 43 securities on Wednesday.
Sagicor Select Financial Fund dominated trading with 24.3 million shares for 49.5 percent of total volume, followed by Wigton Windfarm with 12.3 million units for 25 percent of the day’s trade, and QWI Investments with 5.9 million shares for 12 percent of the market’s volume. Sagicor Select Manufacturing and Distribution was the only stock trading more than 1 million units, ending the day with 4.3 million shares.
The Market closed with an average of 1,197,409 units valued at an average of $3,035,972 for each security traded, in contrast to 288,740 units valued at an average of $3,283,240 on Wednesday. 
The average volume and value for the month to date amount to 669,453 units valued at $2,538,839 for each security changing hands compared to 489,068 units valued at 2,376,829 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 seven stocks ending with bids higher than their last selling prices and three with lower offers. The PE ratio of the market ended at 19.4, while the Main Market ended at 18.7 times the 2019 earnings.
In the Main Market, Barita Investments gained $1.90 to close at $70, after exchanging 20,047 shares, Eppley lost 40 cents to settle at $13.80 after trading 195 units, Eppley Caribbean Property Fund slid to $37.50, with a loss of $3.57 swapping 6,340 shares. Jamaica Broilers closed $1 lower to $34, with 41,583 shares changing hands, Jamaica Stock Exchange gained 50 cents trading 81,502 shares to close at $31, JMMB Group declined by $3 to $43, in transferring 112,651 shares. Kingston Wharves climbed $2.40 to $63.47, with an exchange of 3,773 units. MPC Caribbean Clean Energy dropped $6, ending at $190 after 858 units changed hands, NCB Financial lost $2 to end at $187, in trading 211,865 shares, PanJam Investment lost $1 to settle at $100, with an exchange of 3,124 shares. Proven Investments rose to $47, with gains of $2.50 in trading 9,744 units, 
Pulse Investments closed at $7.50, climbing $1.50 after a transfer of 510,319 shares, Sagicor Group gained 50 cents to end at $66.50, with 23,173 shares crossing the market. Scotia Group dropped $1.50 after trading 150,064 shares to close at $53, Stanley Motta rose 70 cents to $5.75 trading 6,768 shares and Sygnus Credit Investments lost $1 to end at $24.50, with 29,744 shares changing hands.
Trading in the US dollar market ended with 9,740 units valued at over US$2,707, with the market index declining 2.16 points to close at 220.57. JMMB Group 5.75% preference share traded 230 units at US$2, JMMB Group 6% preference share exchanged 21 units at US$1, Proven Investments gained 1.3 cents to close at 28.5 US cents, with 5,260 units changing hands and Sygnus Credit Investments closed at 17.99 US cents, after transferring 4,229 units.
JSE Main Market 3 days 16,000 points plunge
Jamaica Stock Exchange Main Market plunged at the close of trading on Wednesday and, in the process, pulled JSE All Jamaican Composite Index down 16,165 points in three days and the JSE Market Index down by 14,744 points.
At the close of the market on Wednesday, the JSE All Jamaican Composite Index dived 6,722.84 points to close at 533,349.31, the JSE Market Index declined 6,069.73 points to 485,719.72 and the JSE Financial Index fell 1.22 points to 131.72. At the close, and Portland JSX closed at 52 weeks’ high while 138 Student Living traded at a 52 weeks’ intraday high of $6 and QWI investments closed at a 52 weeks’ low of 88 cents.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 13 advancing, 22 declining and 10 trading firm. The JSE Main Market activity ended with 43 securities trading and accounting for 12,415,818 units valued at $141,179,331 in contrast to 17,558,523 units valued at $50,385,050 from 37 securities changing hands on Tuesday.
Wigton Windfarm led trading with 3.4 million shares for 27 percent of total volume, followed by QWI Investments Limited with 2.5 million units for 20 percent of the day’s trade and Sagicor Select Manufacturing and Distribution with 2.4 million shares for 19 percent of the market’s volume. Sagicor Select Financial Fund was the sole stock trading more than 1 million units ending the day with 1.8 million shares.
The Market closed with an average of 288,740 units valued at an average of $3,283,240 for each security traded, in contrast to 474,555 units valued at an average of $1,361,758 on Tuesday. 
The average volume and value for the month to date amount to 489,068 units valued at 2,376,829 for each security changing hands compared to 600,940 units valued at 1,856,625 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 three with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times 2019 earnings.
In the Main Market, Barita Investments shed $1.90 in settling at $68.10, with 18,336 units changing hands, Caribbean Cement slid to $67.09, losing $2.91 in transferring 7,543 shares, Eppley Caribbean Property Fund climbed $4.07 to $41.07 trading 12,165 shares, Grace Kennedy dropped $4.49 to end at $69.51, after swapping 665,580 shares. Jamaica Broilers lost 99 cents exchanging 5,511 shares in closing at $35, Jamaica Stock Exchange slid to $30.50 with a loss of $1.50 trading 42,453 shares, JMMB Group lost 40 cents to close at $46 while transferring 141,054 shares. Mayberry Jamaican Equities ended at $10.60, after losing 40 cents exchanging 18,785 shares, MPC Caribbean Clean Energy climbed $6 to $196, after swapping 2,000 units, 
PanJam Investment closed $1 higher to $101, with 28,085 shares changing hands, Proven Investments dropped $4.50 to settle at $44.50, after trading 18,085 units. Sagicor Group fell by $1 to $66, in exchanging 23,432 shares, Sagicor Real Estate Fund lost 60 cents and closed at $9, after transferring 9,650 units, Salada Foods lost $1 to end at $30, with and exchange of 4,400 shares Scotia. Group moved 78,726 shares at $54.50, after falling $2.50, Seprod lost 93 cents to finish at $45.07 after a swap of 5,521 shares, Sygnus Credit Investments gained $1 to end at $25.50, with 47,837 shares changing hands. Victoria Mutual Investments closed at $10.27, with a loss of 67 cents while trading 188,182 shares and Wisynco Group lost 50 cents, transferring 70,723 units to end the day’s trading at $22.50.
Trading in the US dollar market ended with 36,279 units valued at over US$10,361. The market index dropped 12.49 points to close at 222.73. Proven Investments lost 4.3 cents to close at 27.2 US cents exchanging 35,743 shares and Sygnus Credit Investments gained 1 cent trading 986 units, to end at 18 US cents.
JSE Main Market dives again
The Jamaica Stock Exchange Main Market indices dropped back again on Tuesday after suffering pulling back on Monday, with more than twice the number of stocks declining versus those advancing.
At the close, the JSE All Jamaican Composite Index declined 4,862.18 points to close at 540,072.15, the JSE Market Index fell 4,352.68 points to 491,789.45 and the JSE Financial Index lost 0.45 points to 132.94.
The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 9 advancing, 23 declining and 10 trading firm. The JSE Main Market activity ended with 37 securities accounting for 17,558,523 units for a sum of $50,385,050 in contrast to 28,713,834 units valued at $92,575,039 from 40 securities on Monday.
Sagicor Select Financial Fund dominated trading with 7.7 million shares for 44 percent of total volume, followed by Wigton Windfarm with 5.8 million units for 33 percent of the day’s trade, and Sagicor Select Manufacturing and Distribution Fund with 1.86 million shares for 10.6 percent of the market’s volume. QWI Investments was the sole stock trading more than 1 million units ending the day with an exchange of 1.2 million units.
The Market closed with an average of 474,555 units valued at an average of $1,361,758 for each security traded, in contrast to 717,846 units valued at an average of $2,314,376 on Monday. 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 four closing with lower offers. The PE ratio of the market ended at 19.6, while the Main Market ended at 18.8 times 2019 earnings.
In the prime market, Barita Investments closed $1.50 lower to $70, after transferring 20,290 units, Caribbean Cement shed $4 to end at $70, with an exchange of 3,166 shares, Jamaica Broilers gained $1.99 in swapping 11,044 stock units and closed at $35.99. Jamaica Producers lost $1 to settle at $25 trading 18,659 shares, Jamaica Stock Exchange gained $1.50, rising to $32 with 86,224 units changing hands, JMMB Group climbed to $46.40, after rising 40 cents in transferring 93,611 shares. Kingston Wharves dived $8 to $61 while trading 7,712 stock units, MPC Caribbean Clean Energy declined $5 to $190, in exchanging 212 shares, 138 Student Living closed 72 cents higher at $4.97 after trading 33,100 stock units. PanJam Investment lost $1 to close at $100 in transferring 13,154 shares, Pulse Investments ended 41 cents lower to $6.06, after trading 22,656 units, Sagicor Group dropped $1 to $67, after swapping 31,808 stock units. Salada Foods lost $1 to close at $31, with 1,130 shares changing hands, 
Scotia Group transferred 4,797 units at $46, after losing $1, Seprod closed $1 lower at $46 after exchanging 4,797 shares. Supreme Ventures declined $1.35 to end at $21.60, in swapping 9,714 units, Sygnus Credit Investments shed $2 to $24.50, with 21,007 shares changing hands and Victoria Mutual Investments gained 84 cents to end at $10.94, in trading 106,620 shares.
Trading in the US dollar market ended with 216,868 units valued at over US$36,463. The market index climbed 1.31 points to close at 235.22. JMMB Group 6% preference share closed with an exchange of 184 units at US$1, Margaritaville gained 4 US cents after trading 288 units at 35 US cents. Proven Investments lost half of a cent to close at 31.5 US cents trading 12,408 shares, Sterling Investments ended at 2.4 US cents after losing 0.6 of a cent, in transferring 25,378 shares and Sygnus Credit Investments gained half of a cent to close at 17 US cents.
JSE Main Market drops back – Monday
Main Market of the Jamaica Stock Exchange suffered a sharp decline in prices of some stocks at the close of trading on Monday, as prices adjust from the end of month price-fixing on Friday gone.
At the close, Sagicor Group sustained dropped $11.95 and erased the $10.95 gained of Friday. MPC Caribbean Clean Energy shed $7 followed by Eppley Caribbean Property Fund and Jamaica Broilers with losses of $4.53 and $4.75, respectively.
At the close, the JSE All Jamaican Composite Index dropped 4,579.73 points to close at 544,934.33, the JSE Market Index declined 4,321.20 points to 496,142.13 and the JSE Financial Index slid 2.26 points to 133.39.
The market closed with 44 securities changing hands in the Main and US dollar markets with the prices of 13 advancing, 20 declining and 11 trading firm. The JSE Main Market activity ended with 40 securities accounting for 28,713,834 units for $92,575,039 in contrast to 25,178,696 units valued at $85,865,743 from 41 securities on Friday.
Wigton Windfarm led trading with 12.4 million shares for 43 percent of total volume, followed by Sagicor Select Financial Fund with 7.4 million units for 26 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 5.7 million shares for 20 percent of the market’s volume. QWI Investments exchanged 1.24 million units and was the only other stock trading more than one million shares on Monday.
The Market closed with an average of 717,846 units valued at an average of $2,314,376 for each security traded, in contrast to 614,115 units valued at an average of $2,094,286 on Friday. 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 seven stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times 2019 earnings.
In the Main Market, Barita Investments gained 50 cents to close at $71.50 after exchanging 5,705 units, Caribbean Cement ended 50 cents lower to settle at $74 trading 9,203 shares, Eppley Caribbean Property Fund dropped $4.53 to $37, with 6,610 units changing hands. Grace Kennedy closed at $74, after losing 50 cents in transferring 17,183 shares, Jamaica Broilers lost $4.75 to end at $34 in swapping 112,264 units, Jamaica Stock Exchange shed $1.50 to settle at $30.50 trading 12,476 shares. JMMB Group lost 50 cents to end at $46, in transferring 69,116 shares. Kingston Properties slid $1.30 to $6.20, after exchanging 8,009 shares, Kingston Wharves advanced $3 to end at $69, with 141 units traded, MPC Caribbean Clean Energy tumbled to $195, with a loss of $7 after swapping 121 units. 
PanJam Investment gained $1 in transferring 2,697 shares and closed at $101, Proven Investments closed 60 cents lower at $49, with 3,166 shares changing hands, Sagicor Group plunged to $68, after losing $11.95 trading 75,067 shares, Scotia Group gained $1.30 to settle at $57 transferring 244,916 shares. Seprod closed 90 cents higher at $47, exchanging 17,379 shares. Stanley Motta lost 71 cents to end at $5, in swapping 6,000 units, Victoria Mutual Investments ended at $10.10, with a loss of 60 cents trading 151,461 shares and Wisynco Group closed the day’s trade at $23, after falling 35 cents in transferring 106,046 shares.
Trading in the US dollar market ended with 12,708 units valued at over US$11,897. The market index gained 3.43 points to close at 233.91. JMMB Group 5.75 % preference share closed at US$2 with 5,000 units changing hands, Proven Investments exchanged 4,377 shares at 32 US cents, Sterling Investments swapped 395 units at 3 US cents and Sygnus Credit Investments gained 0.5 US cents to settle at 0.165 US cents in trading 2,936 shares.
Volatile price movement
Volatility continues to hit the Jamaica stock market, with Sagicor Group jumping $10.95, Caribbean Cement rising $5.50, Eppley Carib Fund rising $4.53 and Scotia Group increasing by $1.70 on Friday, as the JSE Main Market continues to consolidate.
The Main Market of the continued to trek upward, with the JSE All Jamaican Composite Index advancing 1,739.78 points to close at 549,514.06, the JSE Market Index added 1,697.56 points to 500,463.33 and the JSE Financial Index gained 0.78 points to 135.65.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 16 declining and 11 trading firm. The JSE Main Market activity ended with 41 securities accounting for 25,178,696 units valued at $85,865,743 in contrast to 15,500,355 units valued at $47,239,549 from 38 securities on Thursday.
Wigton Windfarm dominated trading with 11.7 million shares for 47 percent of total volume. Sagicor Select Financial Fund followed with 7.1 million units for 28 percent of the day’s trade, and QWI Investments with 1.8 million shares for 7 percent of the market’s volume.
The Market closed with an average of 614,115 units valued at an average of $2,094,286 for each security traded, in contrast to 407,904 units at $1,243,146 on Thursday. The average volume and value for the month to date amounts to 626,134 units valued at $3,511,981 for each security changing hands, compared to 626,696 units valued at $3,584,638 for each security traded. 
Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 16 stocks ending with bids higher than their last selling prices and one closing with lower offers. The PE ratio of the market ended at 20, while the Main Market ended at 19.3 times 2019 earnings.
In the Main Market, Barita Investments closed $1 lower to $71, with 24,067 shares changing hands, Caribbean Cement advanced $5.50 to $74.50 trading 50,898 shares. Eppley Caribbean Property Fund climbed $4.53 to $41.53 transferring 3,400 units, Jamaica Broilers jumped $3.75 to $38.75, in swapping 101,867 units, Jamaica Producers ended $1 higher to $26, with an exchange of 12,360 units, Jamaica Stock Exchange gained $1.50 to settle at $32 trading 14,194 shares. JMMB Group rose 50 cents to $46.50, in exchanging 60,083 shares, Kingston Wharves dropped $2 to end at $66, in transferring 4,310 units, Mayberry Jamaican Equities gained 70 cents to close at $11.20, with 749,858 shares changing hands. 
NCB Financial declined by 57 cents to $188.98, after with 55,928 shares changing hands, PanJam Investment lost 90 cents transferring 9,892 shares and closed at $100, Sagicor Group soared $10.95 to $79.95 in exchanging 61,692 shares. Scotia Group closed at $55.70, after gaining $1.70 after swapping 31,812 shares, Seprod lost 90 cents transferring 15,552 shares to end at $46.10, Sygnus Credit Investments closed 50 cents higher to $26.50, with an exchange of 37,121 shares and Victoria Mutual Investments ended the day’s at $10.70, after rising 92 cents and trading 207,567 units.
Trading in the US dollar market ended with 235,954 units valued at over US$135,101. The market index slipped 1.73 points to close at 230.48. JMMB Group 5.75 % preference share lost 10 US cents to close at US$2 after trading 2,785 units, JMMB Group 6 % preference share ended 4 US cents lower after swapping 82,532 units and settled at US$1. Margaritaville traded 3,000 units at 31 US cents, after losing 1 cent and Proven Investments lost 1 cent to end at 32 US cents in transferring 147,637 units.
