Market activity ended on Monday, with the volume of shares trading rising 33 percent and the value of stocks trading surging 541 percent over Friday trades on the Jamaica Stock Exchange Main Market, with rising stocks lagged those declining on a one to two ratio.
The All Jamaican Composite Index rose 42.14 points to 449,050.56, the Main Index gained 289.77 points to close at 408,751.39 and the JSE Financial Index lost 0.16 points to settle at 99.20.
Trading touched 47 securities compared to 44 on Friday, with 12 stocks rising, 23 declining and 12 ending unchanged.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.6 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 17,909,584 shares trading for $837,730,261 up from 13,470,929 units at $130,674,709 on Friday. NCB Financial accounted for 25 percent of total volume, with 4.47 million shares followed by Transjamaican Highway 19.6 percent, with 3.52 million units, Wigton Windfarm contributed 17.9 percent with 3.20 million units, Barita Investments 13.3 percent after trading 2.38 million units and Sagicor Select Financial Fund 9.1 percent with 1.63 million shares.
Trading averages 381,055 units at $17,824,048 compared to 306,157 shares at $2,969,880 on Friday and month to date, an average of 419,775 units at $4,357,469 compared to 424,359 units at $2,763,188 on Friday. August ended with an average of 480,039 units at $8,561,549.
Investor’s Choice bid-offer indicator shows 15 stocks that ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments dipped 50 cents to $90, trading 2,376,367 shares, Eppley shed $1.40 in closing at $40 while exchanging 6,326 stock units, Eppley Caribbean Property Fund dropped $7.30 to $37.65 in an exchange of 4,330 units. Guardian Holdings lost $2 to end at $607 in trading 551 stocks, Jamaica Broilers shed $3.27 to $30.03 with an exchange of 52,057 shares, Jamaica Producers dropped 30 cents to $21.70 after exchanging 14,688 stock units. JMMB Group lost 98 cents in closing at $35.52 in exchanging 32,383 units, Kingston Wharves climbed 50 cents to $48 in switching ownership of 2,021 stocks, NCB Financial shed $1 to $129, with 4,471,600 shares clearing the market. PanJam Investment fell $2 to $62 with the swapping of 13,958 stocks, Proven Investments declined 49 cents in closing at $33.01, with 12,940 units changing hands, 
Scotia Group fell 95 cents to $38.55 after trading 42,199 stock units. Supreme Ventures spiked 90 cents to $19, with 42,264 shares crossing the market and Sygnus Credit Investments advanced 63 cents to $15.79 after 88,609 stock units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with five securities changing hands, compared to seven on Friday with prices of two stocks rising, two declining and one remaining unchanged.
At the close, First Rock Capital rallied 0.2 of a cent to 7 US cents after trading 566 shares, Proven Investments lost 1.86 cents to end at 22.14 US cents, with 113,357 stocks clearing the market, Sygnus Credit Investments US$ share remained at 12.5 US cents after 20,804 units crossed the market and Transjamaican Highway declined 0.07 of a cent to 0.81 US cents with the swapping of 190,966 stock units.
At the close, 14 securities traded compared to 16 on Friday, with five stocks rising, three declining and six remaining unchanged.
First Citizens Bank popped 1 cent to $50.31 in an exchange of 854 units, GraceKennedy edged 1 cent higher to $6.26, with 491,867 units crossing the market, JMMB Group remained at $2.22 after 52,650 stock units crossed the market. Massy Holdings lost 8 cents to end at $82.02 after clearing the market of 100,375 shares, NCB Financial Group declined 24 cents to $8.01, with 2,628 stocks changing hands, Republic Financial Holdings popped 1 cent to $135.46 in exchanging 195 shares. Scotiabank fell 2 cents to $59 with the swapping of 123,818 units, Trinidad & Tobago NGL increased 4 cents to $16.49 in trading 4,591 stocks, Trinidad Cement remained at $3.91 trading 2,700 stock units. Unilever Caribbean had a switch in ownership of 148 units at $16.40 and West Indian Tobacco remained at $31 while exchanging 88 shares.
The market closed with 13,470,929 shares trading for $130,674,709 versus 12,534,457 units at $121,087,956 on Thursday. Pulse Investments led trading with 36.6 percent of total volume after trading 4.93 million shares, followed by Transjamaican Highway 22.5 percent, with 3.03 million units and Wigton Windfarm 13.1 percent, with 1.76 million units changing hands.
Trading ended with 44 securities compared to 51 on Thursday, with 21 stocks rising, 13 declining and 10 ending unchanged.
Pulse Investments rose 58 cents in closing at $4.10 with 4,934,043 shares crossing the market. Scotia Group rallied 50 cents to $39.50 in exchanging 38,983 stocks, Seprod spiked 50 cents to $65 with the swapping of 176,170 units, Supreme Ventures popped 55 cents to $18.10 with 34,730 stock units crossing the market and Sygnus Credit Investments fell 53 cents to $15.16 in trading 43,083 shares.
Trading ended with seven securities changing hands, compared to eight on Thursday, with prices of two rising, three declining, and two remaining unchanged.
At the close, First Rock Capital remained at 6.8 US cents after exchanging 15,600 shares, MPC Caribbean Clean Energy fell 16 cents in ending at US$1.04 in an exchange of 11 stocks, Proven Investments climbed 0.3 of a cent in closing at 24 US cents after trading 195,540 units. Sterling Investments declined 0.06 of a cent to end at 1.74 US cents after crossing the market with 3,600 stock units, Sygnus Credit Investments US$ share advanced 0.3 of a cent to 12.5 US cents in exchanging 20,489 stock units and Transjamaican Highway dropped 0.02 of a cent to close at 0.88 US cents after trading 255,000 shares.
GraceKennedy closed at $6.25 in exchanging 40,237 shares, Guardian Holdings ended at $32.95, after 10,000 stocks changed hands, JMMB Group advanced 11 cents to $2.22, with 23,100 stock units crossing the market. Massy Holdings climbed 5 cents to $82.10 after swapping 500 shares, Republic Financial Holdings slipped 1 cent to $135.45 while exchanging 2,414 units, Scotiabank remained at $59.02, with 3,333 stocks clearing the market. Trinidad & Tobago NGL lost 5 cents to end at $16.45, with 26,636 units changing hands, Trinidad Cement closed at $3.91 in an exchange of 1,847 stock units, Unilever Caribbean traded 148 stocks at $16.40 and West Indian Tobacco remained at $31 in switching ownership of 3,301 shares.
The All Jamaican Composite Index dropped 2,742.24 points to close at 448,496.34, the Main Index declined 2,069.01 points to 408,308.74 and the JSE Financial Index shed 0.53 points to end 99.08.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and four with lower offers.
PanJam Investment increased $2 to end at $64 in an exchange of 2,877 shares, Pulse Investments dropped 36 cents to $3.52 after exchanging 4,085,000 stock units, Sagicor Group fell $1 to $55 while exchanging 24,140 stocks. Scotia Group popped 49 cents in closing at $39 with an exchange of 832,069 shares after the price hit a 52 weeks’ intraday low of $38 and Supreme Ventures shed 55 cents to close at $17.55, trading 9,281 units.
Guardian Holdings fell 5 cents to $32.95 while trading 8,148 units, Guardian Media remained at $3.10 with the swapping of 71,421 units, JMMB Group dropped 4 cents to $2.11 after 200,000 stocks crossed the market. Massy Holdings popped 3 cents to $82.05 in exchange of 4,162 stock units, National Enterprises slipped 15 cents to close at $3.25, with 38,293 shares changing hands, National Flour Mills had an exchange of 4,090 units at $1.90. One Caribbean Media remained at $4.86 exchanging 67,357 units, Republic Financial Holdings popped 1 cent to $135.46, after 237 shares crossed the exchange, Scotiabank close trading of 2,550 stocks at $59.02. Trinidad & Tobago NGL remained at $16.50 trading 6,087 stock units, Trinidad Cement lost 9 cents trading 650 units at $3.91, Unilever Caribbean remained at $16.40, with 1,831 shares crossing the market and West Indian Tobacco remained at $31 in exchanging 9,890 stock units.
August closed with an average of 480,039 units at $8,561,549.
Sagicor Group advanced $1 to $56 in transferring 6,908 stock units, Scotia Group declined $1.47 to $38.51 with the swapping of 42,386 units, Seprod fell 67 cents to $64.33 with 1,336 shares crossing the market and Sygnus Credit Investments shed 55 cents to $15.50 in exchanging 53,421 stocks.
The volume of stocks trading on Wednesday surged 2,242 percent, while the value fell 57 percent from Tuesday’s levels, resulting in more stocks falling than rising at the close of the JSE USD market.
August ended with an average of 210,413 units for US$12,959.
