JSE Main Market down to start October

The Jamaica Stock Exchange Main Market commenced trading on the first day of October robustly, with The All Jamaican Composite Index sprinting to 460,374.69 points after 43 minutes of trading elapsed on Friday, with Caribbean Cement jumping 30 percent to a record $146.12 before pulling back to close at $120 as trading volume of shares moderated from trading levels on Thursday even as the value of stocks traded jumped 35 percent.
The All Jamaican Composite Index declined 202.09 points to 456,489.84, the Main Index shed 312.21 points to 414,577.75 and the JSE Financial Index lost 0.64 points to end at 101.04.
Trading ended with 52 securities similar to Thursday, with 15 stocks rising, 23 declining and 14 ending unchanged.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.7 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 15,897,514 shares traded for $552,681,759 versus 18,546,540 units at $409,063,174 on Thursday. Eppley led trading with 19.8 percent of the day’s volume, after an exchange of 3.14 million shares, followed by Wigton Windfarm  11.7 percent with1.85 million units. GraceKennedy followed with 11.4 percent from 1.82 million units, Sagicor Select Financial Fund accounted for 8.8 percent, with 1.40 million units, Pulse Investments 8.5 percent with 1.34 million units and NCB Financial with 7.5 percent in trading 1.19 million units.
Trading averaged 305,721 units at $10,628,495, compared to 356,664 shares at $7,866,600 on Thursday. September closed with an average of 335,669 units at $7,507,338.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dived $4.84 to$103.25 after trading 623,197 shares, Berger Paints lost 48 cents to end at $14 in switching ownership of 59,491 stock units, Caribbean Cement spiked $8, in closing at $120 with 29,739 stocks clearing the market after the price hit a record $146.12 in mid-morning trading. Caribbean Producers rose 75 cents to $5.50 in exchanging 568,310 units, Eppley dropped $7.50 to finish at $32.50 with a transfer of 3,144,676 shares, Eppley Caribbean Property Fund fell $4.25 to $42.50 in an exchange of 1,100 stocks. First Rock Capital lost 30 cents in closing at $13 with 8,977 shares crossing the exchange, GraceKennedy popped 20 cents to $99.20, after 1,815,401 units crossed the market, Guardian Holdings fell $3 to $582, with 5,213 stocks changing hands. Jamaica Producers shed 55 cents to $23.20 in trading 4,491 shares, Kingston Properties rallied 50 cents to settle at $9 with the swapping of 170 stock units, Mayberry Jamaican Equities rose 74 cents to $9, with 1,262 units changing hands. Palace Amusement surged $130 to $900 in transferring 26 units, PanJam Investment shed $1 to close at $63 after trading 5,320 shares, Proven Investments declined $1.25, to $32.50 with 7,072 stock units changing hands. Sagicor Group dipped 70 cents to $57.30, with 31,390 stocks crossing the market, Sagicor Real Estate Fund gained 40 cents to finish at $8.40 in trading 500 stock units, Salada Foods shed 83 cents to close at $6.07 in an exchange of 55,074 stocks. Scotia Group fell $1.15 to $37.60, with 46,115 shares clearing the market, Seprod slipped 59 cents to $62.50 in switching ownership of 4,365 units, Sygnus Credit Investments lost 37 cents to close at $15.98 with the swapping of 82,282 stocks and Victoria Mutual Investments lost 20 cents after ending at $5.45 in trading 35,256 shares.
In the preference segment138 Student Living preference share shed 75 cents to end at $6.70 in exchanging 165 stock units, Eppley 7.50% preference share dropped 80 cents in closing at $6, with 10,027 stocks crossing the market and JMMB Group 7.25% popped 38 cents to $2.88 with 18 shares changing hands.

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

Junior Market rose into October

Jamaica Stock Exchange Junior Market started October off to a good note, with the market index closing higher but only after more stock declined than gained at the close on Friday, with the volume and value of stocks traded falling 30 percent and 31 percent respectively, from Thursday trades.
Market activity led to 36 securities trading compared to 34 on Thursday and ended with 10 rising, 18 declining and eight, closing unchanged.
The Junior Market Index rose 16.15 points to 3,312.50. The PE Ratio, a measure used in computing appropriate stock values, averages 12.7 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 7,659,422 shares traded for $28,865,188 down from 11,102,954 units at $41,080,349 on Thursday. Jamaican Teas led trading with 61.4 percent of total volume after 4.70 units of the company’s million shares were traded, followed by Lumber Depot 9.9 percent with 758,308 units and Future Energy Source  traded 9.5 percent, with 730,160 shares.
Trading averaged 212,762 units at $801,811 down from 326,557 shares at $1,208,246 on Thursday. Trading in September closed with an average of 207,032 units at $668,264.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and seven with lower offers.
At the close, Access Financial popped $2.90 to $20 with the swapping of 2 shares, AMG Packaging climbed 9 cents to $1.70, with 185,800 stock units crossing the market, Blue Power rallied 40 cents to $3.37 in switching ownership of 25,998 units. Cargo Handlers rose 79 cents to $7.79 after exchanging 447 stocks, Caribbean Cream spiked $1.01 to $7 while exchanging 50,966 shares, but the stocks had 100000 units on offer at $6.50 at the close, Consolidated Bakeries fell 10 cents to $1.70, with 2,488 stocks crossing the exchange. Dolphin Cove gained 14 cents to end at $10, with 958 stock units changing hands, Elite Diagnostic dropped 5 cents to close at $3 after exchanging 247,582 units, Fontana lost 9 cents in closing at $6.50 with an exchange of 33,339 stocks. Future Energy Source declined 16 cents to $2.70 in exchanging 730,160 shares, General Accident rose 15 cents to $5.45 1n trading 3,693 stock units, Indies Pharma shed 52 cents to end at $3.23 with 1,070 units changing hands. ISP Finance popped  $1.50 to close at $25, with 500 stock units clearing the market, Jamaican Teas shed 10 cents to $4 in an exchange of 4,701,946 units, Jetcon Corporation lost 15 cents after ending at $1.01 and trading 19,000 stocks. Lasco Distributors fell 49 cents to $3.50, with 23,144 shares crossing the market, Lasco Manufacturing declined 30 cents to end at $4.50 after swapping 22,583 shares, Limners and Bards dropped 35 cents to $3.50 in trading 15,895 stocks. Mailpac Group fell 6 cents to $3.84 after exchanging 418,371 stock units, Main Event lost 8 cents to close at $4.20 while trading 1,037 units and Medical Disposables climbed 15 cents to $5.15 after 46,950 units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Carib Cement at $147

Jamaica’s sole cement producer Caribbean Cement hit a record high of $147.12 in today’s early trading and was suspended after the JSE circuit breaker was triggered. The stock, which closed on Thursday at $112, has risen 31 percent for the day.
Barita Investments closed yesterday at $108.09  and is down to $102.30 after trading 298,424 units. Also on the move is QWI Investments that traded up to 90 cents after the block of 23 million shares on offer were removed.
There are only four offers for cement on the board, with the lowest at $147; the bids are not strong with all at $105 or below but for a small amount of 99 units at $146.12.
The markets are up in early trading on the first day of October, with the All Jamaican Composite Index now at 460,323.71, up from 456,691.93 at the close of September. The Junior Market Index is at 3,316.21, up from 3,296.35 on Thursday. Jamaican Teas shares that were in strong demand on Thursday traded at $4.50 after 1.68 million shares were traded.

Strong finish for JSE US market on Thursday

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Bulls exchanged 82 percent more shares with 72 percent less funds on Thursday than Wednesday and sent the JSE US Denominated Equities Indesoaring 13.22 points to 195.60, with seven securities changing hands, down from eight on Wednesday with four rising, two declining and one ending unchanged as trading in September ended on the JSE USD market.
The PE Ratio, a measure that is used in the computation of appropriate stock values, averages 12.2 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 55,270 shares traded for US$7,967, down from 315,126 units at US$28,881 on Wednesday. Trading averaged 7,896 units at US$1,138 versus 39,391 shares at US$3,610 on Wednesday and the month to date averages 853,681 at US$132,197 versus 904,284 units at US$140,038 on Wednesday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Capital rose half a cent to finish at 7 US cents with 7,115 shares traded, MPC Caribbean Clean Energy remained at US$1 with an exchange of 10 units, Productive Business Solutions gained 15 cents to 90 US cents with two stocks changing hands. Proven Investments rallied 1 cent to close at 24 US cents, with the swapping of 25,215 stock units, Sterling Investments advanced 0.09 of a cent to 2.09 US cents with 720 units passing through the market, Sygnus Credit Investments USD share declined by 0.01 of a cent to end at 12.99 US cents with a transfer of 12,208 stocks and Transjamaican Highway lost 0.01 of a cent to close at 0.96 US cents with 10,000 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market rise to close out September

Stocks market activity ended September on a bullish note, as 141 percent more funds bought slightly fewer shares than on Wednesday at the close of the Jamaica Stock Exchange Main Market and ended with rising stocks exceeding those declining, greater than two to one ratio on Thursday.
The market closed lower than August, measured by the market indices but recorded gains for a fifth straight day, with the All Jamaican Composite Index climbing 4,591.49 points on Thursday to 456,691.93. The Main Index gained 3,991.06 points to end at 414,889.96 and the JSE Financial Index popped 0.96 points to end at 101.68.
At the end of the month, when some investors bid prices up for portfolio enhancement purposes, 52 securities traded similar to Wednesday, with 31 stocks rising, 14 declining and seven ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 16.1 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 18,546,540 shares traded for $409,063,174 versus 18,954,825 units at $169,922,552 on Wednesday. Pulse Investments led trading with 38.3 percent of total volume for an exchange of 7.11 million shares, Transjamaican Highway followed, with 8.9 percent and 1.65 million units, Sagicor Select Financial Fund 8.8 percent with 1.64 million shares, Barita Investments accounted for 6.7 percent with 1.24 million units, GraceKennedy with 5.7 percent for 1.05 million shares and Sagicor Group with 5.6 percent after 1.05 million units changing hands.

Trading averages 356,664 units at $7,866,600, compared to 364,516 shares at $3,267,741 on Wednesday and month to date, an average of 335,669 units at $7,507,338, compared to 334,642 units at $7,489,764 on Wednesday. August closed with an average of 480,039 units at $8,561,549.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments spiked $1.10 to a record close of $108.09 after an exchange of 1,243,352 shares, Berger Paints rallied 98 cents to $14.48 in transferring one stock unit, Caribbean Cement popped $11 to $112 with 91,434 stock units crossing the market. Eppley gained 50 cents in closing at $40 and trading 2,720 stocks, Eppley Caribbean Property Fund spiked $2.80 to finish at $46.75 in exchanging 28,318 stock units, First Rock Capital jumped 40 cents to $13.30 with an exchange of 12,900 shares. Guardian Holdings advanced $4 in closing at $585 after trading 3,587 units, Jamaica Producers rallied $1.05 in ending at $23.75 with the swapping of 290,300 shares, Jamaica Stock Exchange rose 75 cents to $17.60 in switching ownership of 54,295 stocks. JMMB Group gained 30 cents to close at $38 with 233,778 stock units crossing the market, Kingston Properties lost 50 cents after ending at $8.50 with 230 units changing hands, MPC Caribbean Clean Energy popped $4.99 to $119.99 with the swapping of 65 shares. NCB Financial shed 50 cents to end at $127 after exchanging 50,259 stocks, 138 Student Living gained 49 cents to close at $5 with a transfer of 11 units, Palace Amusement dived $260 to $770 with 146 stock units clearing the market. PanJam Investment climbed $1 to $64 after trading 7,022 units, Portland JSX rose $1 to close at $9 in exchanging 1,670 stocks, Proven Investments popped $1.59 to $33.75 in switching ownership of 17,756 units. Sagicor Group advanced $2 to $58 with 1,047,226 shares clearing the market, Sagicor Real Estate Fund shed 50 cents to $8 after 5,485 stock units crossed the market, Salada Foods rose 75 cents in closing at $6.90 with the swapping of 60,713 shares. Scotia Group gained 35 cents to finish at $38.75 after exchanging 33,237 stocks, Stanley Motta picked up 23 cents to $5.80 in switching ownership of 87,104 units and Sygnus Credit Investments rose 85 cents to $16.35 with 270,538 stock units crossing the exchange.
In the preference segment, Eppley 5% popped $1 to end at $20 in exchanging 2 stocks.

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

JSE US market drops back on Wednesday

Trading on the JSE USD market returned to more recent sedate levels after finishing with sharply lower volumes and value of stocks changing hands on Wednesday and ending with declining stocks just edging out those rising.
Trading ended with eight securities changing hands, compared to seven on Tuesday with prices of three stocks rising, four declining and one ending unchanged.
The JSE US Denominated Equities Index dropped 4.41 points to finish at 182.38. The PE Ratio, a measure that computes appropriate stock values, averages 11.7 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 315,126 shares traded for US$28,881 compared to the huge total of 64,942,767 units at US$15,026,017 on Tuesday. Trading averaged 39,391 units at US$3,610, up from 9,277,538 shares at US$2,146,574 on Tuesday and the month to date averages 904,284 at US$140,038 versus 967,762 units at US$150,051 on Tuesday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and two with lower offers.
At the close, First Rock Capital fell half a cent to 6.5 US cents, with 116 shares changing hands, Margaritaville rose 1.4 cents to finish at 10.4 US cents with investors switching ownership of 234 stocks, Proven Investments dropped 0.15 of a cent to end at 23 US cents with an exchange of 103,455 stock units. Sterling Investments declined by 0.09 of a cent to close at a 52 weeks’ low of 2 US cents with 189 units passing through the market, Sygnus Credit Investments USD share gained 1.24 cents to settle at 13 US cents with a transfer of 500 shares and Transjamaican Highway remained at 0.97 US cents with 207,933 stocks crossing the exchange.
In the preference segmentEquityline Mortgage Investment preference share lost 9.9 cents to end at US$1.90 with one unit traded and JMMB Group 6% rallied 3 cents to US$1.04 with 2,698 shares changing hands.

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

Back to normal for JSE Main Market

Trading activity on Wednesday could not match the heady trading levels resulting from the dominant trade by Barita Investments on Tuesday. The volume of shares trading on Wednesday dropped 63 percent and the value 96 percent from Tuesday’s levels, helping the Jamaica Stock Exchange Main Market to close higher for a fourth consecutive day.
Fifty two securities traded, up from 49 on Tuesday, with 15 rising, 23 declining and 14 ending unchanged.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.8 based on ICInsider.com forecast of 2021-22 earnings.
The All Jamaican Composite Index popped 3,488.35 points to 452,100.44, the JSE Main Index jumped 2,700.82 points to 410,898.90 and the JSE Financial Index popped 0.89 points to end at 100.72.
A total of 18,954,825 shares traded at $169,922,552 from 50,863,279 units at $4,450,256,298 on Tuesday. Sagicor Select Financial Fund led the market, with 28.3 percent of total volume in exchanging 5.37 million shares followed by Pulse Investments 20.5 percent with 3.89 million units, Transjamaican Highway 14.3 percent with 2.71 million shares, Wigton Windfarm 11.4 percent with 2.17 million units and Sagicor Select Manufacturing & Distribution Fund with 5.6 percent after trading 1.07 million units.
Trading averages 364,516 units at $3,267,741, down from 1,038,026 shares at $90,821,557 on Tuesday and month to date, an average of 334,642 units at $7,489,764, compared to 333,105 units at $7,706,920 on Tuesday. August closed with an average of 480,039 units at $8,561,549.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments spiked $4.99, ending at a record close of $106.99 in exchanging 594,219 stocks, Eppley gained 50 cents to finish at $39.50 with 454 stock units crossing the market, Eppley Caribbean Property Fund rose 96 cents to close at $43.95 in switching ownership of 23,576 units. First Rock Capital gained 60 cents in closing at $12.90 after trading 8,091 shares, Jamaica Broilers shed 99 cents to $32 with the swapping of 15,304 stocks, Jamaica Producers lost 28 cents to end at $22.70 with 1,306 shares crossing the exchange. Jamaica Stock Exchange dipped 29 cents to close at $16.85 in switching ownership of 7,067 stock units, JMMB Group fell 45 cents to $37.70 in an exchange of 216,455 units, Kingston Wharves popped 95 cents to $45 after three stocks cleared the market. 138 Student Living shed 54 cents to $4.51 with the swapping of 897 shares, Palace Amusement dropped $19 in closing at $1,030 after trading 71 units, Proven Investments shed 59 cents ending at $32.16 with 6,024 stock units changing hands. Pulse Investments gained 23 cents to close at $4.93 with an exchange of 3,890,553 shares, Sagicor Group advanced $2 to $56 in transferring 152,988 stocks, Scotia Group declined 60 cents to end at $38.40 in switching ownership of 85,570 units. Seprod lost 20 cents to close at $63.10 with 120,483 shares crossing the market, Sygnus Credit Investments shed 35 cents to end at $15.50 after 49,632 stock units cleared the market.
In the preference segment, Eppley 5% fell $1 to end at a 52 weeks’ low of $19 with an exchange of 399 shares and Eppley 7.50% preference share declined $1.20 in closing at $6.80 with a transfer of 10,800 units.

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

Widespread trading of Junior Market stocks

Trading remained buoyant on Wednesday, with all but one stock contributing to a moderate rise in the volume of stocks trading, with a slightly higher value than on Tuesday, resulting in a slight decline in the market index at the close of market activity on Jamaica Stock Exchange Junior Market.

Jamaican Teas traded the most volume on Wednesday.

At the close, 41 securities traded, up from 33 on Tuesday and ended with 20 rising, 16 declining and five closing unchanged. At the close, the Market Index slipped 6.06 points to 3,257.36. The PE Ratio, a measure used in the computation of appropriate stock values, averages 12.2 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 5,853,269 shares changing hands for $21,419,953 versus 5,606,602 units at $20,018,498 on Tuesday. Jamaican Teas led trading with 36.5 percent of total volume trading after 2.14 million shares, followed by Lumber Depot 14.2 percent, with 828,894 units and Future Energy Source 9.5 percent, with 555,590 shares.
Trading averaged 142,763 units at $522,438, down from 169,897 shares at $606,621 on Tuesday and month to date, an average of 201,678 units at $644,075, compared to 205,042 units at $651,021 on Tuesday. August closed with an average of 464,471 units at $1,258,652.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and four with lower offers.
At the close, Access Financial dropped 75 cents to close at $18, after trading 10,319 shares, AMG Packaging gained 19 cents to end at $1.95 in switching ownership of 10,150 stock units, Blue Power lost 35 cents to $3, trading 99,052 units. CAC 2000 dropped 50 cents to end at $8 with an exchange of 200 stocks, Cargo Handlers popped 50 cents in closing at $7 with the swapping of 56,796 stocks, Caribbean Cream advanced 7 cents to $5.99 while exchanging 57,650 stock units. Dolphin Cove fell 29 cents to $9.86 after trading 2,421 shares, Elite Diagnostic popped 25 cents to $3.25, with 416,028 units crossing the market, Fontana climbed 20 cents in closing at $6.50, with 119,211 stock units crossing the exchange. Fosrich rallied 8 cents to end at $8.18 in an exchange of 110,110 units, GWest Corporation shed 5 cents to 90 cents in trading 9,248 shares, Honey Bun dropped 36 cents to close at $8.54 in exchanging 39,989 stocks. Indies Pharma rose 19 cents to end at $3.39 after trading 24,359 stocks, Iron Rock Insurance increased 10 cents to $4.10, after exchanging 1,000 stock units, Jamaican Teas spiked 42 cents to $3.92, with 2,137,175 units clearing the market. Jetcon Corporation rallied 11 cents to $1.16, with 100 shares changing hands, Knutsford Express rose 29 cents to $6.99, with an exchange of 2,865 units, Lasco Distributors rallied 30 cents to $3.90 in switching ownership of 4,988 shares. Lasco Manufacturing shed 20 cents to end at $4.50, with 33,084 stock units clearing the market, Mailpac Group fell 10 cents to $3.65 while exchanging 499,531 stocks, Main Event popped 10 cents to $4.30 in trading 32,995 stocks. Medical Disposables declined 15 cents to $4.85 with 208,597 shares changing hands, Paramount Trading fell 15 cents to 95 cents, with 125,100 stock units crossing the market, Stationery and Office Supplies popped 20 cents to $6 after trading 7,000 units and tTech shed 25 cents in closing at $4.10 with the swapping of 1,314 units.

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

Barita cornered Main Market trading

Trading picked up steam on Tuesday, with the volume of shares traded soaring 303 percent, with the value surging 2,777 percent higher than on Monday at the close of the Jamaica Stock Exchange Main Market as Barita Investments commandeered trading with 39 million shares valued at $3.985 billion as market activity ended with the market indices enjoying another day of four-digit bounce as rising stocks outnumbered those declining almost two to one.

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The All Jamaican Composite Index advanced 2,669.74 points to settle at 448,612.09, the Main Index rose 2,352.30 points to 408,198.08 and the JSE Financial Index rallied 0.53 points to end at 99.83.
Trading ended with 49 securities compared to 55 on Monday, with 23 stocks rising, 14 declining and 12 ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.8 based on ICInsider.com forecast of 2021-22 earnings.
Trading ended with 50,863,279 shares changing hands for $4,450,256,298 versus 12,618,882 units at $154,663,612 on Monday. Barita Investments led trading with 76.3 percent of total volume after trading 38.8 million shares, NCB Financial followed with 5 percent, trading 2.53 million units, Transjamaican Highway accounting for 4.1 percent with 2.08 million units, Wigton Windfarm 3.9 percent with 1.97 million units and GraceKennedy with 2.1 percent for an exchange of 1.08 million units.
Trading averages 1,038,026 units at $90,821,557, up from 229,434 shares at $2,812,066 on Monday and month to date, an average of 333,105 units at $7,706,920, compared to 297,200 units at $3,473,430 on Monday. August closed with an average of 480,039 units at $8,561,549.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments fell $2 in closing at $102 with an exchange of 38,808,202 shares, Berger Paints lost 35 cents to end at $13.35 in trading 6,933 units, Caribbean Cement spiked $1.99 to $101 after exchanging 8,703 stock units. Caribbean Producers gained 20 cents to close at $4.84 with a transfer of 679,310 shares, Eppley popped 97 cents to $39 in an exchange of 200 units, First Rock Capital shed 75 cents in ending at $12.30 after crossing the market with 7,513 stocks, Guardian Holdings rose $1 to $581 in switching ownership of 869 units, Jamaica Broilers advanced $2.99 to $32.99 in exchanging 20,031 stocks. Jamaica Producers advanced $1.38 to $22.98 in switching ownership of 7,668 stock units, Jamaica Stock Exchange rallied 54 cents to $17.14 in trading 21,974 units, JMMB Group lost 35 cents to end at $38.15 with 109,400 shares crossing the exchange. Kingston Properties popped 50 cents to end at $9 with 63 shares changing hands. Margaritaville gained 88 cents in closing at $15.08 with an exchange of 1,346 units, Mayberry Jamaican Equities declined 50 cents to $8.20 in trading 673,703 stocks, Palace Amusement popped $13.18 to $1049 trading 31 shares. PanJam Investment rose 95 cents to close at $63 in clearing the market with 5,204 stock units, Proven Investments lost 25 cents in ending at $32.75, with 2,387 shares changing hands, Sagicor Group rallied 50 cents to end at $54, with 22,229 stock units crossing the market. Salada Foods dropped 22 cents in closing at $6.03 and exchanging 45,550 stocks, Scotia Group climbed 50 cents to $39 while exchanging 33,390 units, Seprod fell 20 cents to $63.30 in exchanging 9,641 shares. Supreme Ventures advanced 22 cents to $17.92, with 16,152 stock units clearing the market and Sygnus Credit Investments popped 25 cents to $15.85 with 21,608 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Proven dominance shows on JSE USD market

Proven Investments traded 65 million shares on Tuesday, dominated trading with 99.96 percent of the day’s volume on the JSE USD market closed and leading to the volume of shares changing hands 104 percent valued 3,756 percent more than on Monday.
Seven securities traded, on a day when no stock gained compared to six on Monday and ended, with prices of four declining and three ending unchanged. The US Denominated Equities Index fell 1.10 points to end at 186.79.
The PE Ratio, a measure that computes appropriate stock values, averages 11.7 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 64,942,767 shares traded for US$15,026,017, up from 31,764,409 units at US$389,704 on Monday. Trading averaged 9,277,538 units at US$2,146,574, compared to 5,294,068 shares at US$64,951 on Monday and the month to date averages 967,76 shares at US$150,051 versus to 397,483 units at US$13,035 on Monday. August ended with an average of 210,413 units for US$12,959.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital remained at 7 US cents with an exchange of 5,479 shares, MPC Caribbean Clean Energy settled at US$1 with a transfer of 498 stocks, Proven Investments declined by 0.34 of a cent to end at 23.15 US cents with 64,918,595 units changing hands. Sterling Investments finished at 2.09 US cents with investors switching ownership of 200 stock units, Sygnus Credit Investments USD dropped 1.24 cents to 11.76 US cents with a transfer of 6,530 shares and Transjamaican Highway lost 0.03 of a cent to close at 0.97 US cents with 553 units crossing the exchange.
In the preference segment, JMMB Group 6% fell 3 cents to close at US$1.01 after exchanging 10,912 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.