Jamaica Stock Exchange

Prices steady on the JSE USD Market

December 8, 2020 by IC Insider.com

Prices remained mostly firm at the close of trading on the US dollar market of the Jamaica Stock Exchange on Tuesday, with the market index slipping slightly after trading 142 percent more shares than on Monday.
Trading ended with five securities changing hands, compared to four on Monday with the price movement of just one stock ending with a loss, leaving four stocks unchanged.
JSE USD equity index lost just 0.10 points to end at 192.01 and the average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 33,333 shares, accounting for US$6,866 compared to 23,463 units at US$11,820 on Monday.
Trading averaged 6,667 units at US$1,373, in contrast to an average of 5,866 shares at US$2,955 on Monday. Trading ended with an average of 35,044 units for the month to date at US$6,046 in contrast to 40,956 units at US$7,019. November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, First Rock Capital Investment closed at 9 US cents trading a mere 250 shares, Proven Investments closed at 25.87 US cents with 2,930 stocks changing hands, Sygnus Credit Investments settled at 17 US cents in exchanging 29,056 stock units.
In the preference segment, Eppley 5% Preference share lost 1 US cents in ending at US$1.01 in an exchange of 97 stock units and JMMB Group 6% closed at US$1.05 in trading 1,000 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Junior Market on Monday

December 7, 2020 by IC Insider.com

Rising and declining stocks were almost even in numbers at the close of trading on the Junior Market of the Jamaica Stock Exchange on Monday, with the market index just inching higher at the close with nine percent fewer shares traded than on Friday.
The market closed with 33 securities changing hands, the same number as on Friday, and finished with the prices of 12 stocks rising, 13 declining and eight closing with prices remaining unchanged.
The Junior Market Index rose 5.58 points to 2,501.80. The average PE Ratio ended at 13.1 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 3,445,343 shares for $7,674,800 compared to 3,764,642 units at $7,764,562 on Friday. Jamaican Teas led trading with 43.5 percent of total volume for a transfer of 1.5 million shares, followed by Caribbean Producers with 10.5 percent of the day’s trade with an exchange of 363,416 units and Tropical Battery with 9.2 percent market share or 317,250 units.
Trading averaged 104,404 units at $232,570 in contrast to 114,080 at $235,290 on Friday. The month to date, averaged 149,021 units at $339,320, compared to 160,524 units at $366,841 on Friday. November closed with an average of 193,331 units at $566,885 trading.
Investor’s Choice bid-offer indicator reading shows seven stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of the market, AMG Packaging gained 3 cents to end at $1.69 with 13,738 shares changing hands, Blue Power jumped 63 cents to $3.43 exchanging 6,900 units, Caribbean Cream rose 2 cents to $4.15 with 623 stock units changing hands. Caribbean Flavours advanced 11 cents to $1.75 with 41,705 stocks passing through the market, Caribbean Producers traded 363,416 shares and increased by 3 cents to settle at $2.63, Consolidated Bakeries fell 10 cents to $1.40 with a transfer of 30 units. Derrimon Trading climbed 24 cents to $2.55 in switching ownership of 9,542 stock units, Everything Fresh lost 5 cents, exchanging 152 stocks to finish at 71 cents, Express Catering gained 10 cents to end at $3.50 with 94,352 shares changing hands. Fontana closed 4 cents higher at $5.39 with 81,806 stocks passing through the market, Fosrich dropped 30 cents to $3.60 with 8,021 stock units traded, Honey Bun rose 5 cents to $5.50 with a transfer of 107,069 units, iCreate fell 4 cents to 62 cents with investors switching ownership of 111,646 shares, Indies Pharma declined by 19 cents to settle at $2.36 with 135,226 stock units changing hands, Jamaican Teas exchanged 1,500,182 stocks and lost 10 cents to finish at $1.80. KLE Group rose 15 cents to $1.15 with 3,000 units passing through the market, Lasco Financial gained 5 cents to close at $2.65 in trading 2,425 shares, Lasco Manufacturing dropped 12 cents to end at $3.68 with a transfer of 7,439 stock units. Limners and Bards fell 10 cents to $2.60 with 47,694 stocks trading, Mailpac Group slipped 1 cent to $2.18 with an exchange of 253,036 units, Medical Disposables fell 33 cents to $4.01 with 8,932 shares changing hands. Paramount Trading declined by 16 cents to finish at $1.34 with 15,075 stocks passing through the market, SSL Venture rose 1 cent to 55 cents with a transfer of 600 units, Stationery and Office Supplies fell 38 cents to $4.05 with the trading of 76,597 stock units and Tropical Battery slipped 2 cents to $1.13 with 317,250 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Best performing stock market, Blue Power, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Elite Diagnostic, Emerging markets, Everything Fresh, Express Catering, Fontana, FosRich, General Accident, GWest, Honey Bun, iCreate, Indies Pharma, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Medical Disposables, Paramount Trading, SSL Venture Capital, Stationery and Office, Trading Activity

JSE Main Market tumbles

December 7, 2020 by IC Insider.com

Prices tumbled on Monday and sent the Jamaica Stock Exchange Main Market indices diving sharply lower after the value of shares trading tumbled 94 percent below Friday’s out-turn.
At the close, the All Jamaican Composite Index dived 6,819.00 points to 427,529.23, the Main Index dropped 6,331.19 points to 390,092.53 and the JSE Financial Index shed 2.36 points to settle at 101.77.
Trading ended with 46 securities changing hands compared to 41 on Friday and closed with the prices of 15 stocks rising, 24 declining and seven remaining unchanged. The average PE Ratio ended at 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 21,659,826 shares for $60,805,085 compared to 26,035,964 units at $1,185,955,996 on Friday. Transjamaican Highway led trading with 73.7 percent of total volume, after exchanging 15.96 million shares, followed by Wigton Windfarm with 7.1 percent for 1.53 million units and Sagicor Select Financial Fund with 3.7 percent market share for 794,869 units.
Trading averaged 470,866 units at $1,321,850 for each security, compared to an average of 635,024 shares at $28,925,756 on Friday. The average trade for the month to date is 327,822 units at $6,556,598 for each security, in contrast to 289,116 units at $7,973,059 . November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and nine with lower offers.
At the close of the market, Barita Investments fell $2 in closing at $88, with investors switching ownership of 1,886 shares, Berger Paints shed 80 cents to end at $13, in trading 5,017 units. Eppley dropped $3 in closing at $20, with investors switching ownership of 9,536 units, Eppley Caribbean Property Fund closed at $44, after losing 80 cents and trading 7,998 units, First Rock Capital slid $1.50 to $11, with 31,000 shares crossing the exchange. Grace Kennedy shed $1 to settle at $63, in trading 21,414 stock units, Jamaica Broilers gained 50 cents to settle at $28, in exchanging 29,230 stock units, Jamaica Producers shed $1.25 to close at $20.50, with a transfer of 15,667 stock units. Jamaica Stock Exchange gained 45 cents to end at $20, after investors swapped 2,252 units, Mayberry Investments advanced by $1.37 to $6.97, in an exchange of 7,557 units, MPC Caribbean Clean Energy declined by $4.50 to close at $145.50, in trading 117 units. NCB Financial Group shed 50 cents to end at $145, in transferring 92,444 shares, 138 Student Living gained 40 cents to end at $4.60 after exchanging 92 units, Palace Amusement climbed $105 to settle at $1,405, in crossing the exchange with 3 units, Pan Jam Investment declined by $6 to settle at $62, after clearing the market with 18,976 units. Proven Investments dropped $1 to close at $36, in trading 15,274 units, Sagicor Group declined by $5.48 to $46.52, in clearing the market with 2,593 units, Scotia Group climbed $2.99 in closing at $47.49, with an exchange of 33,426 shares. Seprod fell $1.99 to settle at $64, in transferring 13,119 stock units, Supreme Ventures gained 49 cents in closing at $17.60, with investors switching ownership of 62,688 shares and Sygnus Credit Investments lost 99 cents to settle at $16, with an exchange of 116,506 shares.
In the preference segment, Eppley 8.25% gained $1 to end at $7, in trading 2,214 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Trading dips on JSE US dollar market

December 7, 2020 by IC Insider.com

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Trading volume fell while the market index rose at the close of market activity on the US dollar market of the Jamaica Stock Exchange on Monday after 90 percent fewer shares changed hands than Friday.
Trading ended with four securities changing hands, compared to five on Friday resulting in the prices of two stocks rising, none declining and two remaining unchanged.
The JSE USD Equities Index gained 3.36 points to settle at 192.11. The average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 23,463 shares changing hands at US$11,820 compared to 229,703 units at US$40,318 on Friday. The average trade amounts to 5,866 units changing hands at US$2,955, versus an average of 45,941 shares at US$8,064 on Friday. Trading averaged 40,956 units for the month to date at US$7,019 in contrast to 47,974 units at US$7,832. November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows one stock ending with the bid higher than the last selling price and two with lower offers.
At the close of the market, Proven Investments gained 1.87 cents to land at 25.87 US cents, in clearing the market with 2,311 shares, Sygnus Credit Investments gained 0.01 US cent to settle at 17 US cents in trading 12,002 stock units and Transjamaican Highway closed at 0.90 of a US cent, with an exchange of 150 units.
In the preference segment, Eppley 5% preference share closed at US$1.02, with 9,000 stock units crossing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Proven Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

JSE Main Market rises again

December 4, 2020 by IC Insider.com

Stocks bounced sharply in early trading on Friday on the Main Market Jamaica Stock Exchange with the All Jamaica Composite index rising to more than 437,454 points. just after 11:30 AM, but ended a bit lower at the close on Friday after an exchange of 300 percent more shares after 14 times more funds were exchanged than on Thursday.
At the close, the All Jamaican Composite Index advanced 1,075.26 points to end at 434,348.23, the Main Index rose 973.03 points to 396,423.72 and the JSE Financial Index gained 0.50 points to settle at 104.13.
Trading involved 41 securities compared to 44 on Thursday and closed with the prices of 15 stocks rising, 18 declining and eight remaining unchanged. The average PE Ratio ended at 16.2 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 26,035,964 shares for $1,185,955,996 compared to 8,368,235 units at $78,354,493 on Thursday. Barita Investments led trading with 46.5 percent of total volume, after exchanging 12.11 million shares followed by Transjamaican Highway with 33.7 percent for 8.78 million units and Sterling Investments with 5.5 percent market share for 1.44 million units.
Trading averaged 635,024 units at $28,925,756 for each security, compared to an average of 190,187 shares at $1,780,784 on Thursday. The average trade for the month to date is 289,116 units at $7,973,059 for each security, in contrast to 179,176 units at $1,313,675. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has five stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Barita Investments climbed $4.42 to settle at $90 trading 12,109,602 shares, Berger Paints rose $1.31 to close at $13.80, with 10,312 units passing through the market, Caribbean Cement fell $3 to $57, after exchanging 67,835 shares. Eppley shed 65 cents to close at $23 trading 100 units, First Rock Capital declined by 70 cents to $12.50, with investors swapping 2,709 units, Grace Kennedy climbed $4 to end at $64, with an exchange of 27,186 stock units. Jamaica Broilers lost 80 cents to close at $27.50, in the transfer of 47,405 shares, Jamaica Producers shed 75 cents to finish at $21.75 after an exchange of 2,013 stock units, Jamaica Stock Exchange lost 45 cents in ending at $19.55 with 4,398 units crossing the market. JMMB Group advanced $2 to $35, with investors switching ownership of 565,948 shares, Key Insurance lost 49 cents to settle at $9.50 trading 47,411 stocks, Kingston Wharves rose $1 to $48, in exchanging 3,466 units. Mayberry Jamaican Equities advanced $1.08 to $8.23, with 6,518 units passing through the market, NCB Financial fell $1 to $145.50, after 24,142 stock units crossed the market, Pan Jam Investment advanced by $8 to $68 trading 2,114 units. Portland JSX rose $1 to close at $9 after transferring 4,218 stock units, Sagicor Group dropped $1.30 to $52, after exchanging 302,882 shares, Sagicor Real Estate Fund declined by $1.48 to $7.49, with investors swapping 52,140 units. Salada Foods climbed $2.98 to $28.98, with 50 stocks crossing the exchange, Scotia Group lost 50 cents to finish at $44.50 trading 734,994 shares, Seprod rose $1.98 to end at $65.99, clearing the market with 20,865 stock units. Sterling Investments shed 35 cents to end at $2.85 trading 1,439,187 shares, Supreme Ventures lost 69 cents to close at $17.11, with investors swapping 4,059 units, Sygnus Credit Investments gained 99 cents to settle at $16.99 after investors switched ownership of 278,419 shares and Wisynco Group lost 40 cents to end at $16.10, in exchanging 62,549 shares.
In the preference segment, Eppley 8.25% shed $1 to close at $6 trading 1,140 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Junior Market Stumbles Friday

December 4, 2020 by IC Insider.com

More stocks fell than rose as 48 percent fewer shares were traded than on Thursday, and helping in driving the Junior Market of the Jamaica Stock Exchange to close down on Friday after the market moved higher in the morning session.
Trading ended with 33 securities changing hands compared to 29 on Thursday and concluded with the prices of 11 stocks rising, 16 declining and six remaining unchanged.
The Junior Market Index shot up to 2,540.66 points after an hour and three-quarters of trading and later plummeted more than 44 points to close at 2,496.22, after a decline of 9.44 points from the close on Thursday. The average PE Ratio ended at 13.2 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 3,764,642 shares trading for $7,764,562 compared to 7,231,212 units at $17,420,235 on Thursday. Jamaican Teas led trading with 34 percent of the day’s volume after a transfer of 1.28 million shares, followed by Lumber Depot with 24.1 percent with an exchange of 909,101 units and Mailpac Group with 12.3 percent or 463,285 shares.
Trading averaged 114,080 units at $235,290 in contrast to 249,352 at $600,698 on Thursday. The month to date averaged 160,524 units at $366,841, compared to 176,657 units at $412,538 on Thursday. November ended with an average of 193,331 units at $566,885.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial fell 55 cents to $19.95 with 1,500 shares changing hands, AMG Packaging gained 1 cent to $1.66 with swapping of 8,565 stocks, Blue Power gained 6 cents and exchanged 13,100 units to finish at $2.80. Caribbean Assurance Brokers fell 16 cents to $1.73 in the transfer of 3,597 shares, Caribbean Cream rose 13 cents to $4.13 with a mere 70 stock units traded, Caribbean Flavours rose 4 cents to $1.64 with 29,595 stocks passing through the market. Caribbean Producers slipped 3 cents to $2.60, with 431,000 units changing hands, Consolidated Bakeries climbed 28 cents to $1.50 with investors switching 8,500 shares, Derrimon Trading dropped 14 cents to $2.31 with an exchange of 100,000 stocks. Dolphin Cove shed 41 cents to settle at $6.24 with a transfer of 600 units, Express Catering lost 10 cents to end at $3.40 with 100 shares traded, Fontana slipped 3 cents to $5.35 with 86,394 stock units changing hands. GWest Corporation edged 1 cent higher to 70 cents in trading 300 shares, Honey Bun advanced 45 cents to close at $5.45 after the switching of ownership of 45,106 stock units, Jamaican Teas exchanged 1,279,588 units and fell 8 cents to $1.90. Jetcon Corporation declined 7 cents to finish at 75 cents with a transfer of 10,006 stocks, Lasco Financial rose 8 cents to $2.60 with 78,771 units traded, Lasco Manufacturing fell 10 cents to $3.80 with 22,397 shares passing through the market. Limners and Bards gained 2 cents to settle at $2.70 with 6,318 stocks changing hands, Lumber Depot slipped 2 cents and exchanged 909,101 shares at $1.18, Mailpac Group traded 463,285 stocks and rose 4 cents to $2.19. Main Event jumped 25 cents to $3.25 with 3,076 units changing hands, Medical Disposables lost 1 cent to finish at $4.34 with a transfer of 10,840 stock units, SSL Venture slipped 2 cents to 54 cents with 10,000 shares passing through the market. Tropical Battery fell 5 cents to $1.15 with 50,919 stocks traded and tTech dropped 21 cents to $4.09 with 55,081 units crossing the exchange.
In the preference segment, CAC 2000 9.5% lost 3 cents to settle at 97 cents with 61,350 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: Access Financial, AMG Packaging, Best performing stock market, Blue Power, CAC2000, Cargo Handlers, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Dolphin Cove, Emerging markets, Express Catering, Fontana, FosRich, GWest, Honey Bun, iCreate, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Lasco Manufacturing, Limners and Bards, Main Event, Medical Disposables, Paramount Trading, SSL Venture Capital, Trading Activity, tTech

Modest gains for JSE USD market

December 4, 2020 by IC Insider.com

The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market rising modestly after trading slightly fewer shares than on Thursday.
Five securities traded similar to Thursday, resulting in the prices of two stocks rising, none declining and three remaining unchanged.
The JSE USD equity index rose 0.94 points to 188.75, while the average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 229,703 shares, accounting for US$40,318 compared to 247,604 units at US$47,872 on Thursday.
The average trade for the day is 45,941 units, with a consideration of US$8,064 each, compared to an average of 49,521 shares at US$9,574 on Thursday. Trading ended with an average of 47,974 units for the month to date at US$7,832 in contrast to 48,652 units at US$7,754. By comparison, November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows one stock ending with a higher bid than the last selling price and two with lower offers.
At the close of the market, First Rock Capital Investment closed at 9 US cents with an exchange of 200 shares, Margaritaville remained at 13 cents with the trading of 3,500 stocks, Proven Investments rose 1.87 cents to close at 25.87 US cents, with an exchange of 21,245 stocks and Sygnus Credit Investments carved out a gain of 0.099 of a cent to settle at 16.99 US cents in trading 204,503 stocks.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.96, with just 255 stock units changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, Equityline Mortgage Investments, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JSE US dollar market, Margaritaville, Proven Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

Junior Market just hangs on to gains

December 3, 2020 by IC Insider.com

Trading activity resulted in increased volume and value of stocks changing hands on the Junior Market of the Jamaica Stock Exchange on Thursday, with slightly fewer securities than Wednesday and led the market into a slight gain after more stocks declined than gained.
Trading ended with 29 stocks changing hands compared to 31 on Wednesday, with the prices of nine rising, 11 declining and nine remaining unchanged.
At the close, the Junior Market Index inched 1.31 points higher to 2,505.66. The average PE Ratio ending at 13 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with an exchange of 137 percent more shares than Wednesday as 7,231,212 units traded for $17,420,235 versus 3,050,027 units at $6,670,693 on Wednesday. Mailpac Group led trading with 58.1 percent of total volume with a transfer of 4.2 million shares, followed by Jamaican Teas with 10.6 percent of the day’s trade with an exchange of 769,091 shares and Caribbean Producers with seven percent market share for 503,830 units.
Trading averaged 249,352 units at $600,698 in contrast to 98,388 at $215,184 on Wednesday. For the month to date, the average trade is 176,657 units at $412,538, compared to 144,715 shares at $329,861 on Wednesday. November trading averaged 193,331 units at $566,885.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Blue Power climbed 14 cents to $2.74 with investors switching ownership of 5,978 shares, Caribbean Assurance Brokers slipped 2 cents to $1.89 with an exchange of 527 units, Caribbean Cream fell 8 cents to $4, in trading 110,966 stocks. Caribbean Flavours dropped 12 cents to $1.60 with an exchange of 2,311 shares, Consolidated Bakeries rose 12 cents to $1.22 with a transfer of 300 stock units, Derrimon Trading fell 5 cents to $2.45 with 122,080 units changing hands. Everything Fresh gained 10 cents to finish at 76 cents with 77,134 shares passing through the market, Fontana climbed 18 cents and exchanged 353,882 units at $5.38, General Accident dropped 19 cents to $5.96 with the switching 1,238 stocks. Honey Bun added 10 cents to end at $5 with a transfer of 102,803 shares, ISP Finance dropped $5.50 to close at $17 with 17,400 stocks passing through the exchange, Jamaican Teas traded 769,091 units and gained 15 cents to finish at $1.98. Jetcon Corporation rose 2 cents to 82 cents with 40,600 shares changing hands, Lasco Distributors gained 2 cents and exchanged 12,490 stock units to settle at $3.18, Lasco Financial dropped 12 cents to $2.52 with investors switching ownership of 5,854 stocks.

Limners and Bards declined by 2 cents to close at $2.68 with 502,600 units passing through the market, Lumber Depot slipped 3 cents to $1.20 with an exchange of 300,000 shares, Mailpac Group traded 4,204,569 stocks and lost 4 cents to settle at $2.15 and Medical Disposables fell 4 cents to $4.35 with 527 stock units crossing the exchange.
In the preference segment, Derrimon Trading preference share, gained 2 cents to close at $2.10 with 2,316 shares changing hands.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Junior Market, Stock Market Tagged With: AMG Packaging, Best performing stock market, Blue Power, Caribbean Assurance Brokers, Caribbean Cream, Caribbean Flavours, Caribbean Producers, Consolidated Bakeries, Daily Trading, Derrimon Trading, Emerging markets, Everything Fresh, Express Catering, Fontana, General Accident, Honey Bun, iCreate, Jamaica Stock Exchange, Jamaican stocks, Jamaican Teas, Jetcon Corporation, Knutsford Express, Lasco Distributors, Lasco Financial, Limners and Bards, Medical Disposables, SSL Venture Capital, Stationery and Office, Trading Activity, tTech

Slight slippage in JSE USD trading

December 3, 2020 by IC Insider.com

The US dollar market of the Jamaica Stock Exchange closed trading on Thursday with the market index slipping after trading 26 percent fewer shares than on Wednesday, resulting in an even number of stocks rising and declining.
Trading closed, with five securities changing hands similar to Wednesday and closed with the prices of two rising, two declining and one remaining unchanged.
The JSE USD Equities Index declined by 3.39 points to settle at 187.81. The average PE Ratio ended at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended in 247,604 shares changing hands for US$47,872 compared to 335,249 units at US$42,287 on Wednesday. The average trade amounts to 49,521 units at US$9,574 compared to an average of 67,050 shares at US$8,457 on Wednesday. Trading averaged 48,652 units for the month to date at US$7,754 in contrast to 48,218 units at US$6,844. November ended with an average of 51,134 units for US$4,516.
Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Proven Investments dropped 1.88 US cents to end at 24 US cents with 46,230 shares changing hands, Sterling Investments lost 0.4 cents to close at 2.1 US cents, in exchanging 79,400 shares, Sygnus Credit Investments advanced by 1.2 cents to settle at 16.9 US cents trading 17,122 stock units. Transjamaican Highway gained 0.04 cents to close at 0.90 US cent, with investors swapping 89,948 shares.
In the preference segment, JMMB Group 5.75% ended at US$2.01, with investors switching ownership of 14,904 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Proven Investments, Sterling Investments, Sygnus Credit Investments, Trading Activity, Transjamaican Highway

JSE Main Market drops again

December 3, 2020 by IC Insider.com

The volume and value of stocks trading on the Jamaica Stock Exchange Main Market climbed 15 percent and resulting from a 66 percent jump in the funds expended above Wednesday levels with just one more security changing hands.
The market indices declined for a second consecutive day, with the All Jamaican Composite Index dropped 1,756.26 points to 433,272.97, the Main Index fell by 1,431.23 points to 395,450.69 and the JSE Financial Index lost 0.44 points to settle at 103.63.
Trading ended with 44 securities changing hands compared to 43 on Wednesday and closed with the prices of 14 stocks rising, 17 declining and 13 remaining unchanged. The average PE Ratio ended at 16.1 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 8,368,235 shares for $78,354,493 compared to 7,285,081 units at $47,227,362 on Wednesday. Wigton Windfarm led trading with 49.2 percent of total volume, after exchanging 4.12 million shares, followed by JMMB Group 7.5% with 14.2 percent for 1.19 million units and Transjamaican Highway with 13.7 percent market share for 1.15 million units.
Trading averaged 190,187 units at $1,780,784 for each security, compared to an average of 169,420 shares at $1,098,311 on Wednesday. The average trade for the month to date is 179,176 units at $1,313,675 for each security, in contrast to 173,476 units at $1,071,877. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments climbed $1.24 in closing at $85.58, after 25,416 shares crossed the market, Caribbean Cement shed 70 cents to end at $60, with an exchange of 27,111 stock units, Eppley Caribbean Property Fund advanced by $3.80 to $44.80, in trading 100 units. First Rock Capital closed $1.10 higher at $13.20, after transferring 23,915 stock units, Grace Kennedy declined by $5 to $60, with 124,554 shares passing through the market, JMMB Group shed $2 to end at $33, in crossing the market with 48,888 shares. Kingston Wharves fell $1.20 to $47 after trading 3,650 units, MPC Caribbean Clean Energy advanced $4.50 to settle at $150, in clearing the market with 30 units, NCB Financial climbed $1.50 in exchanging 250,354 shares to settle at $146.50. Palace Amusement gained $100 to close at $1,300, in trading 7 units, PanJam Investment declined by $2.01 to $60, with an exchange of 64,658 shares, Sagicor Group gained $1.15 in closing at $53.30, with investors swapping 69,265 shares. Sagicor Real Estate Fund climbed $1.22 to $8.97 after exchanging 19,020 units, Seprod shed 99 cents to finish at $64.01, with 5,814 units changing hands, Sterling Investments lost 40 cents in closing at $3.20 after trading 11,775 units. Supreme Ventures gained 30 cents to end at $17.80, trading 33,788 stock units, Sygnus Credit Investments shed $1 to end at $16, after 550,563 shares crossed the exchange and Wisynco Group settled at $16.50, with gains of 47 cents as investors swapped 67,571 shares.