The Jamaica Stock Exchange Main Market ended trading on Tuesday with the market rising marginally after an exchange of 19 percent fewer shares, costing 57 percent less than on Monday.
At the close, the All Jamaican Composite Index rose 389.54 points to 405,818.23, the Main Index gained 542.73 points to 370,220.61 and the JSE Financial Index added 0.73 points to settle at 97.70.
Trading ended with 45 securities changing hands compared to 43 on Monday and closed with the prices of 19 stocks rising, 16 declining and 10 remaining unchanged. The average PE Ratio of the market ended at 15.3 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 14,290,519 shares for $77,620,091 compared to 17,736,805 units at $180,133,973 on Monday. Carreras led trading with 34 percent of total volume trading 4.86 million shares, followed by Transjamaican Highway with 22.7 percent for 3.24 million units, QWI Investments with 15 percent or 2.14 million units and Wigton Windfarm, with 10.8 percent for 1.54 million shares.
Trading ended with an average of 317,567 units changing hands at $1,724,891 for each security, in comparison to an average of 412,484 shares at $4,189,162 on Monday.
The average trade for the month to date ended at 268,164 units at $1,925,358 for each security, in contrast to 261,644 units at $1,951,813. Trading month to date compares well to September’s average of 265,170 units at $3,271,625.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Berger Paints fell by $1.38 to end at $11.11, with investors switching ownership of 552 shares, Caribbean Cement rose $1 to $45, with 1,708 units crossing the exchange, Eppley climbed $3.25 to $21.50, with investors swapping 3,785 shares. Eppley Caribbean Property Fund advanced by $6 to $48, clearing the market with 31 stock units, First Rock Capital gained 30 cents to end at $12.45, trading 1,744 units.
Jamaica Producers lost 30 cents to settle at $19.20 trading 34,916 shares, Kingston Wharves declined $5.98 in closing at $40.02, in an exchange of 20,483 stock units, Mayberry Jamaican Equities lost 45 cents to settle at $7.70, with a transfer of 2,000 units. NCB Financial advanced by $4.50 to $135 after 35,370 shares crossed the market, PanJam Investment rose $1.99 in exchanging 105 units at $70. Proven Investments closed at $40.20, after rising $2.19 with a transfer of 1,038 stock units, Salada Foods ended at $25.10, after losing $2.89 trading a mere 6 shares and Scotia Group fell $2.06 to settle at $46.74, in exchanging 9,318 stock units.
In the preference segment, Eppley 8.75% preference share advanced $1 to $7.70, with investors switching ownership of 3,173 stock units and Productive Business Solutions 9.75% preference shares dropped $4 to end at $102 after exchanging 3 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index declined 1,413.26 points to end at 405,428.69, the Main Index dropped 1,717.05 points to 369,677.88 and the JSE Financial Index shed 0.40 points to settle at 96.97.
The average trade for the month to date ended at 261,644 units at $1,951,813 for each security, in contrast to 239,879 units at $1,628,974. September ended with an average of 265,170 units at $3,271,625.
Mayberry Investments lost 55 cents to end at $5.40, with 500 units changing hands, Mayberry Jamaican Equities ended at $8.15, after gaining 40 cents with investors switching ownership of 223 stocks, MPC Caribbean Clean Energy dropped $34 to end at $135 trading 50 units. Palace Amusement dipped $175 to $1,200 in clearing the market with 13 units, PanJam Investment closed $2.49 lower at $68.01, in trading 264,228 shares, Proven Investments fell $1.78 to settle at $38.01, with 12,833 stock units passing through the market. Pulse Investments gained 41 cents in closing at $4.61 trading 1,285,098 shares, Sagicor Group lost 30 cents to end at $44.20, with investors swapping 8,665 stock units, Scotia Group gained 30 cents to close at $48.80, in exchanging 3,500 units. Seprod declined $1.50 to end at $54, trading 5,310 stock units and Sygnus Credit Investments gained 31 cents to settle at $19.21 in an exchange of 6,011 stock units.
At the close, the All Jamaican Composite Index lost 739.29 points to settle at 406,841.95, the Main Index lost 674.19 points to finish 371,394.93, the JSE Financial Index shed 0.06 points to end at 97.37.
Trading concluded with an average of 234,385 units changing hands at $1,296,760 for each security, compared to an average of 101,034 shares at $1,503,956 on Thursday. The average trade for the month to date ended at 239,879 units at $1,628,974 for each security, in contrast to 240,756 units at $1,681,973 on Thursday. Trading for the month to date compares adversely to September’s average of 265,170 at $3,271,625.
Eppley shed $1.75 to close at $19 with 1,435 units trading, First Rock Capital fell 50 cents to finish at $12.40 with investors transferring 29,575 stocks, Key Insurance rose 57 cents to settle at $9.50 with an exchange of 38,491 stocks. Kingston Wharves dropped $1.90 to end at $47 with 13,114 stock units changing hands, Mayberry Investments gained 58 cents to close at $5.95 trading 11,797 shares, MPC Caribbean Clean Energy declined $1 to finish at $169 with investors transferring 59 stock units. PanJam Investment climbed 50 cents to settle at $70.50 with 1,000 units passing through the market, Pulse Investments fell 38 cents to end at $4.20 with an exchange of 2,378,564 stock units, Scotia Group lost $1.47 to close at $48.50 with 13,037 stocks changing hands. Seprod dropped 49 cents to settle at $55.50 after trading 14,388 stock units and Wisynco Group climbed 84 cents to finish at $16.19 with 10,818 units crossing the exchange.
The average trade for the month to date ended at 240,756 units for $1,681,973 for each security, in contrast to 268,050 units at $1,716,749. Trading for the month to date compares to September’s average of 265,170 units at $3,271,625.
Mayberry Investments shed 62 cents to end at $5.37, with investors switching ownership of 3,540 units, Mayberry Jamaican Equities lost 36 cents after ending at $7.65 with an exchange of 12,210 stock units, NCB Financial gained 50 cents to close at $130.50, after crossing the exchange with 26,856 shares. 138 Student Living rose 35 cents to close at $4.85 while exchanging 1,330 units, Palace Amusement jumped $74.93 in closing at $1,375, after transferring a mere 4 units, Sagicor Group fell 50 cents to $44.50, with 16,230 stock units changing hands, Salada Foods rose 71 cents to $27.99 trading 233 units. Scotia Group climbed $3.59 to settle at $49.97, with 525,487 shares passing through the market, Seprod closed at $55.99, after rising $2.89 after 6,843 units crossed the market, Sygnus Credit Investments gained $1.05 to settle at $18.90, in exchanging 11,324 stock units and Wisynco Group slipped 55 cents to $15.35, after crossing the exchange with 64,560 shares. In the preference segment of the Main Market, 138 Student Living Preference shares gained 90 cents to close at $6.88, after exchanging 72 units.
At the close, the All Jamaican Composite Index gained 582.72 points to 404,829.93, the Main Index advanced 480.87 points to 369,280.09, while the JSE Financial Index advanced 0.25 points to settle at 96.81.
The average trade for the month to date ended at 268,050 units at $1,716,749 for each security, in contrast to 250,330 units at $1,500,353. Trading, month to date, compares well to September’s average of 265,170 units at $3,271,625.
Kingston advanced by $3 to $49, with investors swapping 47 units. 138 Student Living lost 39 cents to close at $4.50, in exchange of 408 units, PanJam Investment settled at $70, with gains of $1 after trading 2,655 units, Proven Investments lost 51 cents to end at $39.99, in clearing the market with 3,991 units, Sagicor Group rose 89 cents to end at $45, after an exchange of 1,008 units. Salada Foods shed 71 cents to finish at $27.28, in trading 42 units, Scotia Group declined $3.40 to end at $46.38, with 53 929 shares trading, Seprod finished at $53.10, after losing $2.90 and exchanging 34,828 shares and Sygnus Credit Investments declined by $1.15 to end at $17.85 trading 38,411 shares.
Jamaica Stock Exchange Main Market ended trading on Tuesday with the market still higher than the close on Friday after posting strong gains on Monday.
Trading ended with an average of 233,942 units changing hands at $1,118,524 for each security compared to an average of 363,530 shares at $1,811,446 on Monday. The average trade for the month to date ended, with 250,331 units at $1,500,353 for each security, in contrast to 256,184 units at $1,636,720. Trading month to date compares adversely to September’s average of 265,170 units at $3,271,625.
Mayberry Investments rose 59 cents to $5.99 after trading 15,997 stock units, Mayberry Jamaican Equities lost 50 cents to close at $8 trading 419 shares, Pan Jam Investment shed 50 cents to settle at $69, with 3,600 units changing hands. Proven Investments advanced $4.50 to close at $40.50, with 8,687 stock units clearing the market, Sagicor Group finished at $44.11, with a loss of 89 cents after 12,417 stock units passed through the market, Scotia Group climbed $3.47 to finish at $49.78, in trading 4,006 units Seprod rose $1 to close at $56, in exchanging 10,611 stock units, Stanley Motta gained 43 cents to end at $5.13, with 4,000,000 shares crossing the market and Sygnus Credit Investments lost 49 cents in closing at $19, with 5,376 stock units changing hands.
Trading month to date compares adversely to September’s average of 265,170 units at $3,271,625.
JMMB Group gained 40 cents to close at $29.50, with an exchange of 145,377 shares, Kingston Wharves gained 85 cents to finish at $50, with 8,689 units crossing the market. Mayberry Investments shed 74 cents to end at $5.40, with 3,052 units changing hands, Mayberry Jamaican Equities rose 50 cents to $8.50, in transferring 57,660 shares, MPC Caribbean Clean Energy jumped $7 to $170, after exchanging 428 units. Pan Jam Investment climbed $1.50 to $69.50, with 15,507 shares crossing the market, Portland JSX closed $1.14 higher at $8.19, in transferring 10,378 stock units, Sagicor Group gained 90 cents to settle at $45, with 20,241 stocks changing hands. Scotia Group dropped $3.17 to finish at $46.31 trading 55,877 shares, Sygnus Credit Investments gained 49 cents in closing at $19.49, with an exchange of 8,778 units and Wisynco Group lost 39 cents to close at $15.60 transferring 150,994 shares.
The average trade for the month to date ended at 198,584 units at $1,542,965 for each security, in contrast to September’s average of 265,170 units at $3,271,625.
MPC Caribbean Clean Energy advanced by $28 to $163, after trading only one stock unit, NCB Financial fell $1 in closing at $130 and clearing the market with 91,324 shares, PanJam Investment climbed $2 to close at $68, in trading 24,433 stock units. Sagicor Group dropped $2.30 to $44.10, with investors switching ownership of 9,874 units, Seprod shed 90 cents to finish at $55, in exchanging 15,520 shares. Supreme Ventures declined by $1.25 to settle at $14.75, in transferring 120,086 units, Sygnus Credit Investments fell 50 cents to close at $19, after clearing the market with 23,747 stock units and Wisynco Group gained 47 cents to settle at $15.99, in trading 1,215,482 shares.
At the close, the All Jamaican Composite Index dived 4,940.46 points to 411,986.10; the Main Index declined 4,741.22 points to 375,684.76 and the JSE Financial Index shed 1.90 points to settle at 98.55.
Trading ended with an average of 174,792 units changing hands at $1,114,224 for each security compared to an average of 363,264 shares at $4,595,186 on Wednesday. Trading in September averaged 265,170 units at $3,271,625.
Mayberry Investments declined 95 cents to close at $5.30 while exchanging 10 shares. Mayberry Jamaican Equities closed at $8, with a loss of 30 cents after 1,007,542 stocks passed through the market, MPC Caribbean Clean Energy fell $15 to $135, in trading 361 units, PanJam Investment fell $3.50 to $66, with investors switching ownership of 4,329 units. Proven Investments finished $2.45 lower at $36, with 20,251 stock units crossing the market, Pulse Investments shed 47 cents in ending at $4.53, with investors switching ownership of 277,932 shares, Scotia Group lost 40 cents to end at $49.48 after exchanging 9,525 stock units. Stanley Motta dropped 42 cents to $4.70, in transferring 10,411 units, Supreme Ventures rose $2 to $16, in trading 222,950 shares and Wisynco Group lost $1.38 to settle at $15.52, in exchanging 49,570 stock units.
</Trading month to date compares adversely to, August with an average of 497,441 units at $3,201,918.
MPC Caribbean Clean Energy dropped $5 to settle at $150, with 1,605 stock units passing through the market, PanJam Investment carved out a gain of $3.49 in closing at $69.50, with 24,108 stock units passing through the market, Portland JSX dropped 45 cents to close at $7.05 with investors switching ownership of 106,892 shares. Sagicor Group carved out a gain of $2.10 to settle at $46.40 while exchanging 1,571,769 units, Stanley Motta climbed 47 cents to close at $5.12, with 33,715 stocks clearing the market. Supreme Ventures dropped 40 cents in closing at $14, with 5,437 shares changing hands, Sygnus Credit Investments advanced $1.70 and ended at $19.40 in exchanging 93,341 shares and Wisynco Group advanced 45 cents to close at $16.90 trading 55,901 stock units.