Trading jumps but Main Market index drops

Market activity ended on Thursday, with the volume of shares trading declining by 26 percent with a 28 percent higher value than on in trading 0n Wednesday on the Jamaica Stock Exchange Main Market as rising stocks exceeded those falling.
The All Jamaican Composite Index lost 953.08 points to settle at 449,225.19, the JSE Main Index fell 1,195.68 points to close at 394,486.85 and the JSE Financial Index slipped 0.01 points to 93.42. Trading ended with 60 securities against 59 on Wednesday, with 26 rising, 23 declining and 11 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 14.7. The PE ratio for the JSE Main and USD Market closing quotes is based on ICInsider.com earnings forecasts for companies with financial years ending between August 2022 and August 2023.
Overall, 70,371,025 shares were exchanged for $1,275,443,556 versus 95,428,562 units at $992,647,318 on Wednesday. Jamaica Stock Exchange led trading with 48.03 million shares for 68.3 percent of total volume, followed by Wigton Windfarm with 5.61 million units for 8 percent of the day’s trade and Transjamaican Highway ended with 3.96 million units for 5.6 percent market share. JMMB Group 7.35% – 2028 closed with 2.79 million units for 4 percent market share, 138 Student Living ended with 2.04 million units for 2.9 percent market share and Pulse Investments exchanged 1.27 million units for 1.8 percent market share.
Trading averages 1,172,850 units at $21,257,393 versus 1,617,433 shares at $16,824,531 on Wednesday and month to date, an average of 765,733 units at $7,831,791 compared to 717,931 units at $6,255,399 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Berger Paints shed 87 cents to close at $11.60, with 4,512 shares crossing the exchange, Caribbean Cement increased 35 cents to end at $71.99 in trading 3,528 stocks, Caribbean Producers climbed 20 cents to $18.40, with 121,072 units clearing the market. Eppley gained 85 cents in ending at $42.85 and closed after 436 stock units were traded, Eppley Caribbean Property Fund lost 60 cents to $44.40 in switching ownership of 4,000 stock units, GraceKennedy fell 59 cents to $104.81 after 235,955 stocks changed hands. Jamaica Producers popped 64 cents in closing at $23, trading 11,143 units, JMMB Group dropped 85 cents in ending at $46.25 with an exchange of 1,198,543 shares, Kingston Wharves rose 70 cents to close at $41.70 while exchanging 13,294 stock units. Massy Holdings declined $1 to end at $99, with  22,492 shares changing hands, Mayberry Investments advanced 30 cents to close at $7.20, with 228,978 stocks crossing the market, MPC Caribbean Clean Energy lost $3 to close at $111 after exchanging 184 units. NCB Financial rallied $9.15 to end at $117, with 25,463 units crossing the market, Proven Investments rose $1.20 in closing at $38.20 after exchanging 1,800 stocks, Sagicor Group increased $1.98 to $56.98 in an exchange of 7,639 stock units. Scotia Group dropped $1.88 in ending at $35 after exchanging 93,519 shares, Seprod climbed 88 cents to end at $61.98 with the swapping of 6,700 units, Supreme Ventures declined 51 cents in closing at $24.49 in an exchange of 362,832 stock units and Wisynco Group shed $1.10 to close at $23.20 after trading 700,949 shares.
In the preference segment138 Student Living Preference shares fell $1.44 to $15.06, clearing the market with 133 stocks, Eppley 5% preference share lost $1 to $21, changing hands 301 units. Eppley 7.50% preference share rallied 70 cents in closing at $6.61, crossing the market 150 stock units and Eppley 7.75% preference share advanced 40 cents ending at $20.40 in trading 301 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE USD market

Trading on Thursday ended with the volume and the value of stocks changing hands declining 28 percent and 80 percent, respectively, at the close of the Jamaica Stock Exchange US dollar market, compared to Wednesday and resulted in an even number of stocks rising than falling.
Seven securities were traded versus six on Wednesday, with one rising, three declining and three ending unchanged. The JSE US Denominated Equities Index lost 0.20 points to end at 221.43.
The PE ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio incorporates  ICInsider.com earnings forecasts for companies with financial year ending up to August 2023.
Overall, 165,771 shares traded for US$10,795 down from 230,992 units at US$54,610 on Wednesday. Trading averaged 23,682 units at US$1,542, compared to 38,499 shares at US$9,102 on Wednesday, with the month to date averaging 101,489 shares at US$5,460 versus 109,618 units at US$5,869 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital USD share remained at 7.95 US cents with an exchange 1,238 shares, Margaritaville finished at 16 US cents in trading 124 units, Productive Business Solutions ended unchanged at US$1.19 while exchanging 653 stock units. Proven Investments rose 1 cent to close at 25 US cents with 13,416 stocks changing hands, Sterling Investments declined 0.25 of a cent to end at 2 US cents with 33,169 stock units crossing the market, Sygnus Credit Investments USD share shed 0.4 of a cent in ending at 12.45 US cents after an exchange of 41,171 shares and Transjamaican Highway dropped 0.07 of a cent to 0.98 of a US cent after trading 76,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market trading jumps ahead of holidays

Trading levels jumped on the Jamaica Stock Exchange Junior Market on Thursday, with the volume of stocks traded surging 383 percent and the value jumping 453 percent higher than on Wednesday, Jamaican Teas and EduFocal controlling 79 percent of the volume.

Jamaican Teas was the leading trade with 34 million shares on Thursday.

Market activity led to 43 securities trading compared to 44 on Wednesday and ended with 20 rising, 15 declining and eight closing unchanged. At the close, the Junior Market Index advanced 20.89 points to  4,253.26.
The PE Ratio, a measure used to compute appropriate stock values, averages 13.2. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 59,575,175 shares were traded for $234,063,113 compared to 12,336,057 units at $42,328,019 on the Wednesday. Jamaican Teas led trading with 34 million shares for 57.1 percent of total volume, followed by EduFocal with 12.84 million units for 21.6 percent of the day’s trade and Honey Bun with 4.03 million units for 6.8 percent market share. Elite Diagnostic chipped in with 1.34 million units for 2.3 percent market share, Derrimon Trading, 1.25 million units for 2.1 percent market share and Tropical Battery ended with 1.06 million units for 1.8 percent market share.
Trading averaged 1,385,469 shares at $5,443,328 up from 280,365 shares at $962,000 on Wednesday with the month to date, averaging 515,088 units at $1,916,603 compared to 418,128 units at $1,523,729 on the previous trading day. Trading in March averaged 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rose 11 cents to $22 with the swapping of 135,553 shares, AMG Packaging gained 15 cents in ending at $3.70 after exchanging 444,178 units, Blue Power rallied 49 cents to $4.09 trading 16,610 stocks. CAC 2000 shed 50 cents to end at $7 as 3,801 stock units were traded, Caribbean Assurance Brokers declined 10 cents to close at $2.60 while exchanging 89,226 stocks, Caribbean Cream dropped 19 cents to $4.80 in switching ownership of 7,655 stock units. Dolphin Cove climbed $1.07 to end at $22.87 in an exchange of 9,428 shares, Elite Diagnostic fell 12 cents to $3.67 after 1,344,708 units crossed the market, Express Catering popped 28 cents in closing at $6.43 after finishing trading of 12,500 shares. Fontana popped 90 cents to close at $10.90 in trading 84,769 units, Fosrich lost $1.69 to end at $22.11, with 68,399 stock units changing hands, Honey Bun dropped 35 cents to close at $9.60 after exchanging 4,026,875 stocks. iCreate advanced 16 cents in closing at a 52 weeks’ high of $1.36 after trading 773,133 shares, Indies Pharma advanced 15 cents to $3, with 83,580 units crossing the market, Jamaican Teas increased 10 cents ending at $3.54  after 34,000,140 stock units crossed the exchange but only after the price hit an intraday 52 weeks’ low of 43.01. Jetcon Corporation rose 12 cents to end at $1.30, clearing the market with 468,547 stocks, KLE Group popped 10 cents in closing at $2.68 with an exchange of 24 shares, Main Event shed 29 cents to close at $7.85, with 119,562 units crossing the market. Stationery and Office Supplies rallied 68 cents in ending at $7.95 with the swapping of 218,236 stocks and tTech lost 13 cents to $4, trading 75 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Juniors Market rises Main Market falls

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The Junior Market closed higher at the close on Thursday, but the Jamaica Stock Exchange Main Market slipped with all three Main Market indices slipping. The JSE Combined Index lost 933.92 points to end at 407,093.73.
The All Jamaican Composite Index lost 953.08 points to 449,225.19, the JSE Main Index fell 1,195.68 points to 394,486.85. The Junior Market index rallied 20.89 points to end at 4,253.26 and the JSE USD market index slipped 0.20 points to end at 221.43.
The market’s PE ratio ended at 23.4 based on 2021-22 earnings and 13.1 times those for 2022-23 at the close of the Jamaica Stock Exchange.
Investors need a series of measures and pertinent information to successfully navigate the many investment choices in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help with decision-making.
Investors should make use of the chart to help make rational investment decisions by investing in stocks that are close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

Trading slips on the JSE USD market

Trading on Wednesday ended on the Jamaica Stock Exchange US dollar market with the volume of shares changing hands declining 77 percent and the value dropping 41 percent below Tuesday, resulting in declining stocks edging out those rising.
A total of six securities traded, similar to Tuesday, with two rising, three declining and one ending unchanged. The JSE US Denominated Equities Index slipped 0.17 points to end at 221.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 230,992 shares traded for US$54,610 down from 994,124 units at US$93,195 on Tuesday.
Trading averaged 38,499 units at US$9,102, versus 165,687 shares at US$15,533 on Tuesday, with the month to date average of 109,618 shares at US$5,869 up from 116,613 units at US$5,551 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows one stock ended with a  higher bid than the last selling price and one with a lower offer.
At the close, First Rock Capital USD share rallied 0.35 of a cent to 7.95 US cents after trading 1,509 shares, Proven Investments shed 0.71 of a cent to close at 24 US cents in trading 211,139 units, Sterling Investments lost 0.02 of a cent in closing at 2.25 US cents after exchanging 400 stock units. Sygnus Credit Investments USD share ended unchanged at 12.85 US cents, with 16,419 stocks changing hands and Transjamaican Highway declined 0.04 of one cent to 1.05 US cents with an exchange of 25 shares.In the preference segmentJMMB Group 6% popped 14.83 cents to close at US$1.15 after trading 1,500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main market inches higher

Trading surged on Wednesday on the Jamaica Stock Exchange Main Market Market, with an exchange of 412 percent more shares valued 1,067 percent higher than on Tuesday, resulting in a mild rise in the market indices at the close with rising after rising stocks just edged out by those declining.
The All Jamaican Composite Index rallied 1,270.23 points to  450,178.27, the JSE Main Index edged 195.57 points higher to 395,682.53 and the JSE Financial Index dipped 0.23 points to 93.43.
Trading ended with 59 securities compared to 58 on Tuesday, with 21 rising, 23 declining and 15 ending unchanged.
The PE Ratio, a formula used to compute stock values, averages 14.7. The PE ratio for the JSE Main and USD Market closing quotes is based on ICInsider.com earnings forecasts for companies with financial years ending to August 2023.
Overall, 95,428,562 shares traded for $992,647,318 versus 18,631,554 units at $85,039,171 on Tuesday. Mayberry Jamaican Equities led trading with 77.7 million shares accounting for 81.4 percent of total volume, followed by Pulse Investments, 3.58 million units for 3.8 percent of the day’s trade. Sagicor Select Financial Fund exchanged 2.97 million units for 3.1 percent market share, Transjamaican Highway ended with 2.87 million units for 3 percent market share, Wigton Windfarm traded 2.36 million units for 2.5 percent market share and Massy Holdings with 1.52 million units for 1.6 percent market share.
Trading averages 1,617,433 units at $16,824,531, up from 321,234 shares at $1,466,193 on Tuesday and month to date, an average of 717,931 units at $6,255,399, compared to 600,518 units at $4,875,800 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints climbed $1.17 to close at $12.47 with the swapping of 8,016 shares, Caribbean Cement rose 42 cents to end at $71.64, clearing the market with 3,168 stock units, Eppley dropped 33 cents in closing at $42, with 544 stocks changing hands. GraceKennedy popped $1.35 in, ending at $105.40 after exchanging 100,275 units, Guardian Holdings shed $10 to $520 with an exchange of 5,611 shares, Jamaica Broilers advanced 99 cents to end at $28.99 while 1,993 units changed hands. Jamaica Producers fell 74 cents to $22.36, with 1,032,168 stocks crossing the exchange, Jamaica Stock Exchange gained 40 cents in closing at $23.70 after exchanging 21,531 stock units, Kingston Properties declined 70 cents to close at $7.50 in trading 174,744 units. Kingston Wharves increased 90 cents to $41 with 1,372 shares passing through the market, Massy Holdings lost 45 cents to end at $100, with 1,515,090 stocks crossing the market, Mayberry Investments rallied 40 cents to $6.90 in an exchange of 511,626 stock units. Mayberry Jamaican Equities rose $3.07 to close at a 52 weeks’ high of $12.27 in switching ownership of 77,696,272 stocks, MPC Caribbean Clean Energy shed $1 in ending at $114 after trading 181 shares, Palace Amusement dropped $49.99 in closing at $950.01 with 18 stock units changing hands. Portland JSX climbed $1.20 to $11 in trading 283 units, Proven Investments lost $1.50 to close at $37 after 45,802 stock units crossed the market, Pulse Investments declined 53 cents to end at $4.18 after trading 3,581,096 units. Sagicor Group fell $2.09 in ending at $55 after exchanging 10,570 shares, Scotia Group advanced $1.38 in closing at $36.88 with an exchange of 11,638 stocks, Seprod rallied $1.45 to $61.10, trading 18,753 units. Stanley Motta shed 55 cents to end at $5.35 with 9,233 stock units changing hands, Supreme Ventures gained $2 to close at $25 in an exchange of 66,809 shares, Sygnus Credit Investments popped 58 cents in closing at $15.38 in switching ownership of 17,994 stocks. Sygnus Real Estate Finance increased 68 cents to end at $16.29 after an exchange of 1,681 units and Wisynco Group popped $1.80, in ending at a 52 weeks’ high of $24.30 in trading 160,489 stocks units.
In the preference segmentEppley7.50% preference share declined 74 cents to $5.91 while exchanging 1,150 shares and Productive Business Solutions 9.75% Preference share gained $17.70 to close at $117.70, with seven stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

New Junior Market record but index ends lower

Trading closed on Wednesday, on the Jamaica Stock Exchange Junior Market, with the volume of and the value of stocks traded declining by 43 percent and  47 percent lower respectively compared to trading on Tuesday and ended with the Market index closing 14.36 points lower to settle at 4,232.37 after the market opened at an intraday record high of 4,303.77.
As was the case on Tuesday, trading was broad-based with 44 securities changing hands and ended with prices of 22 rising,  declining and 11 closing unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.8. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2023.
Overall, 12,336,057 shares traded for $42,328,019, down from 21,499,543 units at $79,329,070 on the Tuesday. Indies Pharma led trading with 2.67 million shares for 21.6 percent of total volume followed by Lumber Depot with 1.28 million units for 10.4 percent of the day’s trade and Express Catering with 1.05 million units  or 8.5 percent market share.
Trading averaged 280,365 shares at $962,000 in contrast to 488,626 shares at $1,802,933 on Tuesday with the month to date, averaging 418,128 units at $1,523,729 compared to 435,852 units at $1,595,999 on Tuesday the previous trading day. March closed with an average of 719,276 units at $2,636,802.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rallied 39 cents to $21.89 in switching ownership of 57 shares, AMG Packaging declined 10 cents to end at $3.55, with 278,333 stocks changing hands, CAC 2000 rose 45 cents to close at $7.50 in trading 3,487 stock units. Caribbean Assurance Brokers advanced 33 cents in ending at $2.70 with 88,049 units crossing the market, Dolphin Cove shed 55 cents in closing at $21.80, with 23,389 stocks clearing the market, Elite Diagnostic rallied 19 cents to end at $3.79 with an exchange of 777,460 shares. Express Catering fell 35 cents to $6.15 after exchanging 1,046,233 stock units, Fosrich popped 90 cents in closing at $23.80 in an exchange of 62,225 units, Honey Bun increased 25 cents to close at $9.95 with the swapping of 22,944 units. Indies Pharma dropped 30 cents in ending at $2.85 after exchanging 2,666,673 shares, KLE Group climbed 26 cents to end at $2.58 after trading 340 stocks, Knutsford Express advanced 20 cents to close at $7.90, with 17,876 stock units changing hands. Limners and Bards increased 14 cents to $3.29 after just 950 stock units crossed the market, Lumber Depot lost 12 cents in ending at $3.55 after trading 1,278,664 shares, Main Event gained 14 cents in closing at $8.14 after 12,106 units crossed the exchange. Paramount Trading rose 10 cents in closing at $1.76 in an exchange of 62,462 stocks, SSL Venture popped 17 cents to end at $1.84 while exchanging 11,262 stocks, Stationery and Office Supplies dropped 62 cents to $7.27 while trading 10,977 shares and tTech climbed 13 cents to close at $4.13 in switching ownership of 204 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Juniors hit new record high as Main Market rallies

The Junior Market opened at 4,303.77 points for the first time, on Wednesday, but the market failed to hold on to the gains and drifted down to close below Tuesday’s close but the Jamaica Stock Exchange Main Market closed higher with all three Main Market indices moving up on Tuesday’s close, with the JSE Combined Index adding just 55.59 points to end at 408,027.65.
The All Jamaican Composite Index gained 1,270.23 points to 450,178.27, the JSE Main Index rose 195.57 points to 395,682.53. The Junior Market index dropped 14.36 points to end at 4,232.37 and the JSE USD market index slipped 0.17 points to end at 221.63.
The market’s PE ratio ended at 23.4 based on 2021-22 earnings and 13.1 times those for 2022-23 at the close of the Jamaica Stock Exchange.
Investors need a series of measures and pertinent information to successfully navigate the many investment choices in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help with decision-making.
Investors should make use of the chart to help make rational investment decisions by investing in stocks that are close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to take emotions out of the investment decision and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.

 

Stocks fall on the JSE USD market

Trading on Tuesday ended with the volume of shares changing hands rising 253 percent as 451 percent more funds entered the market than on Monday at the close of the Jamaica Stock Exchange US dollar market, resulting in six securities trading, compared to eight on Monday with one rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index slipped 1.43 points to end at 221.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.7 based on ICInsider.com earnings forecasts for companies with financial year ending, up to August 2023.
A total of 994,124 shares were traded, for US$93,195 compared to 281,548 units at  US$16,917 on Monday. Trading averaged 165,687 units at US$15,533, compared to 35,194 shares at US$2,115 on Monday, with a month to date average of 116,613 shares at US$5,551 versus 111,260 units at US$4,463 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two stocks with lower offers.
At the close, Margaritaville remained at 16 US cents with the swapping of 60 shares, Proven Investments shed 0.29 of a cent to close at 24.71 US cents with 291,088 stocks changing hands, Sterling Investments declined 0.01 of a cent to end at 2.27 US cents in switching ownership of 171,082 stock units. Sygnus Credit Investments USD share dropped 0.1 of a cent after ending at 12.85 US cents while exchanging 101,766 units and Transjamaican Highway rose 0.07 of a cent in closing at 1.09 US cents, 429,590 stock units crossing the market.
In the preference segmentJMMB Group 5.75% ended unchanged at US$2.03 after exchanging 538 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market trading drops

Market activity ended on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of shares trading declining after funds flowing into the market dropped 31 percent from that Monday leading rising stocks to exceed those declining but the market indices slipped at the close.
The All Jamaican Composite Index shed 1,006.71 points to settle at 448,908.04, the JSE Main Index slipped 541 points to 395,486.96 and the JSE Financial Index dipped 0.31 points to settle at 93.66.
A total of 58 securities traded compared to 57 on Monday, with 26 rising, 20 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 14.5. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 18,631,554 shares traded for $85,039,171 versus 16,149,953 units at $124,025,246 on Monday. Wigton Windfarm led trading with 5.34 million shares for 28.7 percent of total volume followed by Transjamaican Highway with 3.93 million units for 21.1 percent of the day’s trade. Sagicor Select Financial Fund followed with 3.34 million units for 17.9 percent market share, while Pulse Investments ended with 1.82 million units changing hands for 9.8 percent market share.
Trading averaged 321,234 units at $1,466,193, compared to 283,333 shares at $2,175,882 on Monday and month to date, an average of 600,518 units at $4,875,800, compared to 641,631 units at $5,377,722 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Cement dropped 78 cents to close at $71.22 while exchanging 9,542 sharesCaribbean Producers gained 43 cents to end at $18.20 in an exchange of 497,281 stocksEppley popped 33 cents in closing at $42.33 in trading 34 unitsEppley Caribbean Property Fund shed $2 to $45 after 516 stock units changed handsFirst Rock Capital rose 56 cents in ending at $11.67 after trading 7,450 sharesJamaica Broilers traded 11,074 stocks with the rice falling 63 cents to end at $28. Jamaica Stock Exchange advanced $1.30 to $23.30, with 47,422 units crossing the market, JMMB Group lost $1.07 in closing at $47 with the swapping of 213,313 stock units, Kingston Propertiesdeclined $1.15 to close at $8.20, with 13,822 stock units crossing the market. MPC Caribbean Clean Energy climbed $13.20 in ending at $115, with an exchange of two shares, NCB Financial fell $1.50 to end at $108 after exchanging 53,112 units, Palace Amusement rallied $34 to close at $1000, in exchanging just two stock units. Portland JSX increased $1.05 after ending at $9.80 after 1,524 stocks changed hands, Proven Investments advanced 55 cents to $38.50 in switching ownership of 8,968 shares, Scotia Group increased 50 cents in closing at $35.50, with 127,996 units changing hands, Supreme Ventures declined $1.50 to close at $23 with an exchange of 39,446 stock units and Sygnus Credit Investments shed 60 cents to $14.80 trading 204,058 stock units.
In the preference segment138 Student Living Preference shares rallied $1.44 to $16.50 after switching ownership of 301 units and Eppley 7.25% Preference share rose $2.98 to $23 with the swapping of 201 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.