The Jamaica Stock Exchange at the close on Thursday and shed some of the recent gains up to Tuesday, but with the value of securities trading, falling from Wednesday’s levels with higher volume.
All Jamaican Composite Index declined by 1,407.36 points to close at 535,140.90 at the close, the JSE Market Index dropped 1,263.11 points to 487,188.44 and the JSE Financial Index lost 0.45 points to 132.11.
Trading closed, with 45 securities changing hands in the Main and US dollar markets with the prices of 21 advancing, 13 declining and 11 trading firm. The JSE Main Market activity ended with 41 securities accounting for 16,632,332 units valued $128,247,176 in contrast to 13,058,687 units for $207,850,962 from 42 securities on Wednesday.
Wigton Windfarm led trading with 6.7 million shares accounting for 40 percent of total volume. Sagicor Select Financial Fund followed with 3.4 million units for 20 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund, with 3.3 million shares, accounted for 14 percent of market share.
The Market closed with an average of 405,667 units valued at $3,127,980 for each security traded, in contrast to 424,688 units valued at $5,069,536 on Wednesday. The average volume and value for the month to date amount to 617,823 units for $2,820,081 for each security changing hands compared to 633,300 units for $2,795,851 for each security traded.
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19, while the Main Market ended at 18.1 times 2019 earnings.
In the prime market, Barita Investments lost 98 cents to close at $68.01 after transferring 26,332 shares Grace Kennedy dropped $1.80 to $67.20, with 28,164 shares changing hands, Jamaica Stock Exchange lost $1.90 to close at $29.50 with 532,239 units crossing the market. JMMB Group closed 40 cents lower to $45, after transferring 80,251 shares, Kingston Wharves jumped $3.99 to close at $59, in swapping 6,790 units. 138 Student Living climbed $1.35 to close at 52 weeks’ high of $8.01, with an exchange of 183,238 shares. Proven Investments gained $1 to end at $48.50, in transferring 2,975 units, Pulse Investments closed $1.40 higher to a 52 weeks’ closing high of $12.40, after swapping 101,690 shares. 
Sagicor Group gained $1.20 trading 99,963 shares to close at $69.10, Salada Foods declined $1.53 to $26 after trading 12,646 units, Supreme Ventures rose $1 to end at $23, after transferring 11,976 shares. Sygnus Credit Investments gained $1.30 to settle at $26, in swapping 27,517 shares and in the preference segment, 138 Student Living rose $1 exchanging 1,364 shares at $6.
Trading in the US dollar market ended with 243,645 units valued at over US$61,593. The market index gained 1.56 points to close at 232.21. JMMB Group 6% preference share traded 1,748 units to end at 99 US cents, Proven Investments transferred 171,650 units at 31 US cents, Sterling Investments traded 38,293 shares at 2.7 US cents and Sygnus Credit Investments gained 2 cents in exchanging 31,954 units at 18 US cents.
JSE Main Market pulls back
The Jamaica Stock Exchange shed some of the gains accumulated over the past four days as the value of stocks trading rose well over Tuesday’s levels, but with lower volume.
All Jamaican Composite Index declined by 1,388.73 points to close at 536,548.26, at the close on Wednesday, the JSE Market Index dropped 1,256.86 points to 488,451.55 and the JSE Financial Index lost 0.29 points to 132.56.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 12 advancing, 18 declining and 15 trading firm. The JSE Main Market activity ended with 42 securities accounting for 13,058,687 units valued at $207,850,962 in contrast to 17,938,463 units valued at $135,316,853 from 42 securities on Tuesday.
Sagicor Select Financial Fund led trading with 4.1 million shares, and accounting for 31.5 percent of total volume, Wigton Windfarm followed with 2.45 million units for 18.8 percent of the day’s trade and QWI Investments with 1.8 million shares accounted for 14 percent of market share.
The Market closed with an average of 424,688 units valued at $5,069,536 for each security traded, in contrast to 427,106 units valued at an average of $3,221,830 on Tuesday. The average volume and value for the month to date amount to 633,300 units for $2,795,851 for each security changing hands compared to 649,717 units at $2,601,640 for each security traded. 
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and one closing with a lower offer. The PE ratio of the market ended at 20.5, while the Main Market ended at 19.8 times 2019 earnings.
In the prime market, Eppley added $1.30 to settle at $16.30 in trading 1,304 units, Grace Kennedy rose $1.38 to $69, with 3,825 shares changing hands, JMMB Group closed 79 cents lower to $45.40, after transferring 119,466 shares, Kingston Wharves dropped $4.99 to close at $55.01, in swapping 15,569 units. 138 Student Living added $1.28 to close at 52 weeks’ high of $6.66, with an exchange of 52,425 shares. PanJam Investment closed at $100.94, with gains of $1.74 trading 559,598 shares, Proven Investments lost 58 cents to end at $47.50, in transferring 4,456 units, Pulse Investments closed $1.15 higher to a 52 weeks’ closing high of $11, after swapping 134,751 shares.
Salada Foods declined by $4.47 to $27.53 trading only 700 units, Scotia Group ended at $53.11, with a loss of 89 cents after transferring 771,557 shares. Seprod lost $1 and closed at $50, with 543,758 shares changing hands, Sygnus Credit Investments shed $1.21 to settle at $24.70, in swapping 34,376 shares and Wisynco Group lost 30 cents exchanging 123,760 shares at $22.50.
Trading in the US dollar market ended with 231,872 units valued at over US$205,111. The market index gained 0.14 points to close at 230.65. JMMB Group 5.75% preference share lost 10 cents trading 89,732 to end at US$2, Proven Investments transferred 27,032 units at 31 US cents, Sterling Investments traded 8,517 shares at 2.7 US cents and Sygnus Credit Investments exchanged 106,591 units at 16 US cents.
Prices of securities trading for the day are those at which the last trade took place.
Main Market up 11,000 points in 4 days
The Main Market of the Jamaica Stock Exchange closed higher on Tuesday for the fourth consecutive day, in the process clawed back 11,331 points of the 22,907.85 points lost from the start of February up to last Wednesday.
At the close, the JSE All Jamaican Composite Index advanced 1,598.69 points to close at 537,936.99, the JSE Market Index added 1,450.74 points to 489,708.41 and the JSE Financial Index gained 0.69 points to 132.85.
The market closed with 46 securities changing hands in the Main and US dollar markets with the prices of 20 advancing, 12 declining and 14 trading firm. The JSE Main Market activity ended with 42 securities accounting for 17,938,463 units valued at $135,316,853 in contrast to 19,925,654 units valued at $93,234,047 from 40 securities on Monday.
Sagicor Select Financial Fund was the leading trade with 6.5 million shares for 36 percent of total volume. Wigton Windfarm followed with 5.6 million units for 31 percent of the day’s business and Sagicor Select Manufacturing and Distribution Fund ended with 1.7 million shares for 9 percent market share.
The Market closed with an average of 427,106 units valued at an average of $3,221,830 for each security traded, in contrast to 498,141 units valued at an average of $2,330,851 on Monday. The average volume and value for the month to date amount to 649,717 units valued at $2,601,640 for each security changing hands compared to 669,236 units valued at $2,542,170 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 20.1, while the Main Market ended at 19.4 times the 2019 earnings.
In the Main Market, Caribbean Cement gained 35 cents to settle at $70.35 trading 137,026 shares, Eppley climbed $1.50 to $15 after exchanging 30,750 units, Grace Kennedy shed $2.88 to end at $67.62, in transferring 132,940 shares. Jamaica Broilers rose to $35, with gains of $1.18 and swapping 83,011 shares, Jamaica Stock Exchange ended at $31.50, after losing 50 cents trading 21,277 shares, JMMB Group added 64 cents to close at $46.19, with 90,789 units changing hands. Kingston Wharves slid $1.60 to $60, with 4,200 units crossing the exchange, Mayberry Investments lost 40 cents to end at $7.30, in an exchange of 37,730 units, NCB Financial dropped $2.90 to settle at $184.10, in swapping 285,534 shares, 138 Student Living gained $1.03 to close at $5.38, with 177,412 shares traded. Pulse Investments closed $1.65 lower to $9.85, with 189,925 shares changing hands. Sagicor Group added 81 cents, in rising to $70.50 trading 116,624 shares, 
Salada Foods declined $3 to $32, in after swapping a mere 180 units, Seprod settled at $51, after gaining $5 trading 31,388 shares. Supreme Ventures dipped $1.07 to $22.10, in exchanging 130,454 shares, Sygnus Credit Investments closed $1.21 higher to $25.91, after trading 74,479 shares and Wisynco Group gained 30 cents to close at $22.80, with an exchange of 92,295 shares.
Trading in the US dollar market ended with 54,580 units valued US$31,202. The market index dipped 0.12 points to close at 230.51. JMMB Group 5.75% preference share gained 10 cents trading 10,268 to end at US$2.10, Proven Investments exchanged 19,996 units at 31 US cents, Sterling Investments transferred 3,138 shares at 2.7 US cents and Sygnus Credit Investments exchanged 21,178 units at 16 US cents.
JSE Major moved higher
Trading on the Main Market of Jamaica Stock exchange closed with a rise in the market indices as the volume and value of stock trading declined below Friday’s levels.
At the close, the JSE All Jamaican Composite Index advanced 2,805.56 points to close at 536,338.30, the JSE Market Index gained 2,384.71 points to 488,257.67, but the JSE Financial Index lost 0.01 point to 132.16.
The market closed, with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 15 declining and 9 trading firm. The JSE Main Market activity ended with 40 securities accounting for 19,925,654 units valued at $93,234,047 in contrast to 25,935,878 units valued at $106,383,024 from 41 securities on Friday.
Sagicor Select Financial Fund led trading with 7.4 million shares for 37.3 percent of total volume. Wigton Windfarm followed with 4.95 million units for 25 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund closed with 2.2 million shares changing hands with 11.2 percent of the market’s volume. Other stocks trading more than one million units are Wisynco Group with 1.3 million units and JMMB 7.5% preference share close with 1 million trading at a 52 weeks’ low of 65 cents.
The Market closed with an average of 498,141 units valued at $2,330,851 for each security traded, in contrast to 632,582 units valued at an average of $2,594,708 on Friday. The average volume and value for the month to date amount to 669,236 units valued at $2,542,170 for each security changing hands, compared to 684,825 units valued at $2,563,408 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times the 2019 earnings.
In the prime market, Berger Paints closed at $17, with gains of 49 cents after exchanging 11,000 shares, Caribbean Cement lost 75 cents to end at $70, in transferring 57,763 shares, Grace Kennedy gained $2.50 to settle at $70.50, with 11,298 shares changing hands. Jamaica Producers closed $1.50 lower to $24.50 in swapping 13,023 shares, Jamaica Stock Exchange rose $1.97 to $32, trading 21,606 shares, JMMB Group ended at $45.55, after gaining $1.85 exchanging 249,600 shares. Kingston Wharves climbed $4.60 to $61.60, in transferring 10,534 units, Mayberry Jamaican Equities gained 70 cents trading 23,070 shares and closed at $9.70, MPC Caribbean Clean Energy nosedived to $150, after falling $30 with an exchange of 1,325 units. NCB Financial added $2 to settle at $187, in swapping 25,640 shares, 
PanJam Investment closed 34 cents higher at $99.37, with 21,924 shares changing hands, Proven Investments ended at $48, with gains of 75 cents trading 10,828 shares. Pulse Investments lost 60 cents to end at $11.50, in transferring 273,348 shares, Sagicor Group closed $2.17 higher to $69.69 while exchanging 16,358 shares, Seprod settled at $46, after a loss of 50 cents in transferring 27,670 shares, Stanley Motta lost 74 cents to close at $5.01 trading 18,913 units. Supreme Ventures advanced by $1.47 to $23.17, with 11,455 shares changing hands and Victoria Mutual Investments lost 40 cents to close at $10, with an exchange of 275,878 shares. In the preference segment, Productivity Business Solution lost $5 to close at $100, with 1,001,825 shares crossing the exchange.
Trading in the US dollar market ended with 1,597 units valued at over US$330. The market index rose 1.73 points to close at 230.63. Proven Investments gained half of 1 cent to close at 31 US cents after transferring 500 units and Sygnus Credit Investments exchanged 1,097 units at 16 US cents.
Prices of securities trading are those at which the last trade took place.
More gains for Main Market
The Jamaica Stock Exchange closed with slightly more stocks rising than falling, leading to gains in the Main Market indices at the close on Friday as more investment dollars entered the market than on Thursday.
At the close of trading, the JSE All Jamaican Composite Index advanced 2,205.30 points to close at 533,532.74, the JSE Market Index added 2,005.08 points to 485,872.96 and the JSE Financial Index gained 0.85 points to 132.17.
The market closed with 44 securities changing hands in the Main and US dollar markets with the prices of 16 advancing, 15 declining and 13 trading firm. The JSE Main Market activity ended with 41 securities changing hands accounting for 25,935,878 units valued at $106,383,024 in contrast to 32,214,496 units valued at $74,997,715 from 42 securities on Thursday.
Wigton Windfarm ended trading with 10.3 million shares for 40 percent of total volume, followed by Sagicor Select Financial Fund with 9.2 million units for 36 percent of the day’s trade and Sagicor Select Manufacturing and Distribution with 2.2 million shares for 8 percent of the market’s volume. QWI Investments was the only other stock trading more than 
one million units, ending the day’s trade with 1.1 million units.
The Market closed with an average of 632,582 units valued at an average of $2,594,708 for each security traded, in contrast to 805,362 units valued at an average of $1,874,943 on Thursday. The average volume and value for the month to date amount to 684,825 units valued at $2,563,408 for each security changing hands compared to 690,207 units valued at $2,559,814 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.6, while the Main Market ended at 18.8 times the 2019 earnings.
In the Main Market, Caribbean Cement added 75 cents to settle at $70.75, with 1,950 shares changing hands, Jamaica Producers closed $2 higher at $26 in trading 15,145 shares, Jamaica Stock Exchange lost 96 cents transferring 24,516 shares and ended at $30.03. Kingston Wharves dropped to $57, with a loss of $4.85 in swapping just 887 units, Mayberry Investments closed 60 cents lower at $7.50, in exchanging 2,991 shares, Mayberry Jamaican Equities traded 4,200 shares at $9, after losing $1.05. 
NCB Financial gained 50 cents to settle at $185, in transferring 153,378 shares, PanJam Investment lost 97 cents to close at $99.03, with an exchange of 9,603 shares, Proven Investments ended at $47.25, with a loss of $1.25 with 13,725 shares changing hands. Pulse Investments climbed $2.12 to close at a 52 weeks’ high of $12.10, in transferring 435,669 shares, Sagicor Group declined $1.23 to $67.52 while trading 22,052 shares, Salada Foods gained $3 to end at $35, in an exchange of 144 units, Seprod closed 49 cents lower to $46.50, with 78,103 shares changing hands. Stanley Motta swapped 269,383 shares at $5.75, after gaining 75 cents, Sygnus Credit Investments added 50 cents to close at $24.50, in transferring 10,080 shares and Wisynco Group ended 50 cents lower at $22.50, with an exchange of 180,962 shares.
Trading in the US dollar market ended with 228,960 units valued US$67,649. The market index dipped 1.11 points to close at 228.90. Proven Investments lost half of 1 cent to close at 30.50 US cents in exchanging 213,980 units, Sygnus Credit Investments transferred 14,557 units at 16 US cents and Sterling Investments gained 0.3 cents after trading 423 units to settle at 2.7 US cents.
Prices of securities trading are those at which the last trade took place.
Main Market breaks losing streak decisively
Stock prices bounced at the close of trading on the Jamaica Stock Exchange on Thursday with the JSE All Jamaican Composite Index surging 4,721.23 points to 531,327.44, the JSE Market Index climbed 4,335.34 points to 483,867.88 and the JSE Financial Index rose just 0.70 points to end at 131.32.
Thursday’s gains were only the second day since February started that the Main Market indices recorded gains. The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 17 declining and 7 trading firm. The JSE Main Market activity ended with 40 securities accounting for 32,214,496 units valued at $74,997,715 in contrast to 47,859,089 units valued at $86,800,194 from 42 securities on Wednesday.
Wigton Windfarm dominated trading with 14.4 million shares for 45 percent of total volume, followed by Sagicor Select Financial Fund with 12.7 million units for 39 percent of the day’s trade and QWI Investments with 1.7 million shares for 5 percent of the market’s volume.
The Market closed with an average of 805,362 units valued at an average of $1,874,943 for each security traded, in contrast to 1,139,502 units valued at an average of $2,066,671 on Wednesday. The average volume and value for the month to date amount to 690,207 units valued $2,559,814 for each security changing hands compared to 677,341 units valued at $2,646,233 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times the 2019 earnings.
In the prime market, Barita Investments closed $1 lower to $69, with an exchange of 8,842 shares, Caribbean Cement climbed $2.91 to $70, after trading 28,342 shares, Eppley lost 50 cents to end at $13.50, in transferring 1,845 units, Eppley Caribbean Property Fund advanced to $42, with gains of $5 after exchanging 6,791 shares. Grace Kennedy lost 50 cents and closed at $68, with 9,357 units changing hands, Jamaica Broilers ended at $33.80, with a loss of 60 cents trading 33,073 shares, Jamaica Stock Exchange rose $1.99 to settle at $30.99 in transferring 26,431 shares. JMMB Group lost $1 to close at $43.50, with 156,628 units trading. Kingston Wharves advanced by $6.85 to $61.85, with a mere 150 units traded, Mayberry Investments gained 92 cents to end at $8.10, in exchanging 75,325 shares, MPC Caribbean Clean Energy tumbled by $14.50 to $180, after swapping 298 units. 
NCB Financial settled at $184.50, with a loss of 50 cents transferring 49,078 shares, Pulse Investments ended $1.08 higher to $9.98, with 285,756 shares changing hands, Sagicor Group closed at $68.75, losing $1.25 in trading 46,397 shares. Scotia Group gained 50 cents to end at $54, in transferring 86,072 units, Seprod closed 99 cents higher to $46.99, with 12,565 shares traded, Supreme Ventures ended at $21.70, after losing 30 cents exchanging 90,508 units. Sygnus Credit Investments gained 78 cents trading 24,120 units in closing at $24 and Wisynco Group ended the day’s trade 40 cents higher at $23, with 197,788 units changing hands.
Trading in the US dollar market ended with 24,037 units valued at over US$6,341. The market index soared 13.22 points to close at 230.01. Proven Investments gained 4 cents to close at 31 US cents in trading 16,635 units and Sygnus Credit Investments lost 1 cent to end at 16 US cents, with an exchange of 7,402 units.
JSE volume rises index down
Trading on the Jamaica Stock Exchange Main market on Wednesday closed with, high volume but the value was low at 42 percent below the average level for January
At the close, the JSE All Jamaican Composite Index fell 624.98 points to close at 526,606.21, the JSE Market Index lost 565.71 points to 479,532.54 and the JSE Financial Index was unchanged at 130.62.
The market, closed with 44 securities changing hands in the Main and US dollar markets with the prices of 16 advancing, 19 declining and 9 trading firm. The market ended with 138 Student Living preference share closing at a 52 weeks’ low while Sagicor Select Financial Fund traded at an intraday low of 80 cents. The JSE Main Market activity ended with 42 securities accounting for 47,859,089 units valued at $86,800,194 in contrast to 27,628,819 units valued at $81,726,949 from 38 securities on Tuesday.
Wigton Windfarm dominated trading with 28.7 million shares for 60 percent of total volume. Sagicor Select Financial Fund with 13.3 million units for 28 percent of the day’s trade followed and Sagicor Select Manufacturing and Distribution with 2.7 million shares, for 6 percent of the market’s volume. QWI Investments with 1.6 million shares changing hands was the only other stock trading more than one million units.
The Market closed with an average of 1,139,502 units for $2,066,671 for each security traded, in contrast to 727,074 units valued at an average of $2,150,709 on Tuesday. The average volume and value for the month to date amount to 677,341 units valued at $2,646,233 for each security changing hands, compared to 615,914 units valued at $2,734,748 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 19.1, while the Main Market ended at 18.3 times 2019 earnings.
In the Main Market, Barita Investments added $1.49 to end at $70 with 39,642 shares changing hands, Caribbean Cement closed 71 cents lower at $67.09, in swapping 9,907 units, Grace Kennedy gained $1.50 and rose to $68.50 in transferring 17,588 stock units. Jamaica Broilers ended at $34.40, with gains of 60 cents in exchanging 6,287 shares, Jamaica Producers lost 49 cents to settle at $24.01 trading 4,073 shares, JMMB Group closed $1.40 higher to $44.50, in swapping 81,036 units. Kingston Properties gained $1.13 to close at $6, with an exchange of 8,734 stock units, Kingston Wharves dropped $5 to settle at $55 after transferring 10,641 units. NCB Financial rose $2.99 to $185, with 44,515 crossing the exchange, PanJam Investment ended at $100, with gains of $1.50 after trading 1,480 units. 
Proven Investments climbed $2.60 to $48.60, with 8,092 shares changing hands, Pulse Investments slid $1.10 to settle at $8.90 while transferring 62,885 shares, Sagicor Group gained $1 and advanced to $70, trading 121,142 stock units. Sagicor Real Estate Fund closed 30 cents higher at $9, in transferring 18,931 units, Stanley Motta dipped 50 cents to $5, with 29,253 shares traded. Supreme Ventures ended at $22, after gaining 45 cents and exchanging 32,493 units and Sygnus Credit Investments lost 94 cents exchanging 44,599 units and ending the day’s trade at $23.22. 138 Student Living preference share, lost 50 cents to close at a 52 weeks’ low of $5 while trading just 236 units.
Trading in the US dollar market ended with 30,458 units for US$8,252. The market index declined 12.14 points to close at 216.79. Proven Investments lost 4 cents to close at 27 US cents trading 30,332 units and Sygnus Credit Investments gained 1.6 cents to end at 17 US cents, with an exchange of 126 units.
JSE Main Market down again – Tuesday
At the close, the JSE All Jamaican Composite Index dropped 3,090.89 points to close at 527,231.19, the JSE Market Index fell 2,798.09 points to 480,098.25 and the JSE Financial Index lost 0.13 points to 130.62.
Pulse closed at a new high after hitting a record $10.59 during the day.
The market closed, with 41 securities changing hands in the Main and US dollar markets with the prices of 15 advancing, 20 declining and 6 trading firm. At the end of trading, Pulse Investments ended at a 52 weeks’ closing high while Kingston Properties closed at a 52 weeks’ low of $4.87 and Sagicor Real Estate Fund traded at a 52 weeks’ intraday low of $7.50.
The JSE Main Market activity ended with 38 securities accounting for 27.628,819 units valued at $81,726,949 in contrast to 25,245,816 units valued at $126,226,094 from 39 securities on Monday.
Wigton Windfarm dominated trading with 11.1 million shares for 40 percent of total volume, followed by Sagicor Select Financial Fund with 8 million units for 29 percent of the day’s trade and Sagicor Select Manufacturing and Distribution with 4.7 million shares for 17 percent of the market’s volume. QWI Investments was the only other stock trading more than one million units, ending the day with 1.8 million units.
The Market closed with an average of 727,074 units at $2,150,709 for each security traded, in contrast to 647,329 units valued at an average of $3,236,567 on Monday. The average volume and value for the month to date amount to 615,914 units valued at $2,734,748 for each security changing hands compared to 600,720 units valued at $2,828,391 for each security traded.
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 19.1, while the Main Market ended at 18.2 times 2019 earnings.
In the prime market, Barita Investments gained 51 cents to settle at $68.51, with an exchange of 22,520 shares, Caribbean Cement closed at $67.80, after losing $1.20 trading 14,681 shares, Grace Kennedy shed $2.20 to end at $67 in transferring 74,051 shares, Jamaica Producers closed 50 cents lower to $24.50, with 7,434 shares changing hands. Jamaica Stock Exchange dropped $1.90 to $29.10, in swapping 58,730 shares, JMMB Group ended at $43.10, with a loss of 90 cents after trading 133,263 units, Kingston Wharves gained $1.50 to settle at $60, with 1,965 units crossing the exchange. NCB Financial Group declined to $182.01, after losing $2.98, with 74,687 shares changing hands, 138 Student Living lost 59 cents to end at $4.40, trading 300 units, 
PanJam Investment closed at $98.50, after falling $2.45 and trading 6,213 stock units, Proven Investments lost $2 in closing at $46, after the swapping of just 1,064 shares. Pulse Investments added $1.50 to settle at a record high of $10 after the transfer of 202,971 shares, with the price hitting an intraday high of $10.59. Sagicor Real Estate Fund lost 30 cents to end at $8.70, with 32,919 units changing hands after trading at a 52 weeks’ intraday low of $7.50, Salada Foods climbed $2 to $32, with 90,090 shares traded and Seprod ended with an exchange of 15,557 shares at $45.75, after gaining 50 cents.
Trading in the US dollar market ended with 216,590 units valued at over US$69,187. The market index jumped 12.41 points to close at 228.93. JMMB Group 5.75% preference share traded 5,000 units at US$2, Proven Investments gained 2 cents to end at 31 US cents, after exchanging 172,225 units and Sygnus Credit Investments lost 1.6 cents to end at 15.4 US cents after transferring 39,365 units.
JSE majors lose ground
The major indices on the Main Market of the Jamaica Stock Exchange lost grounds on Monday, with the three indices followed falling on reduced trading volume.
At the close, the JSE All Jamaican Composite Index declined 1,707.65 points to close at 530,322.08, the JSE Market Index fell 1,546.68 points to 482,876.34 and the JSE Financial Index lost 0.21 points to 130.75.
The market closed, with 42 securities changing hands in the Main and US dollar markets with the prices of 17 advancing, 16 declining and 9 trading firm. The JSE Main Market activity ended with 39 securities accounting for 25,245,816 units valued at $126,226,094 in contrast to 33,972,337 units valued at $135,349,407 from 37 securities on Friday.
Sagicor Select Financial Fund with 11.7 million shares dominated trading and accounted for 46 percent of Main Market stock changing hands. Wigton Windfarm with 5.1 million shares and 20 percent of total volume, followed by Sagicor Select Manufacturing and Distribution, with 4.4 million units for 17.5 percent of the day’s trade. QWI Investments with 1 million units was the only other stocks trading more than one million units.
The Market closed with an average of 647,329 units for $3,236,567 for each security traded, in contrast to 918,171 units valued at $3,658,092 for each security, on Friday. 
The average volume and value for the month to date amount to 600,720 units valued at $2,828,391 for each security changing hands compared to 715,931 units valued at $2,747,993 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and five closing with lower offers. The PE ratio of the market ended at 19.3, while the Main Market ended at 18.5 times the 2019 earnings.
In the prime market, Barita Investments slipped $2 to $68, after exchanging 17,021 shares, Berger Paints closed 49 cents lower at $16.51 trading a mere 180 units, Grace Kennedy gained 60 cents to end at $69.20, after swapping 55,760 shares. Jamaica Broilers settled at $34, with gains of 99 cents exchanging 16,088 shares, Jamaica Stock Exchange climbed $2 to $31, in transferring 7,590 shares. JMMB Group closed 80 cents higher to $44, with 191,897 shares trading, Kingston Properties shed $1 to end at $5, after exchanging 35,000 units. Kingston Wharves dropped $7.51 to $58.50, with 3,888 units changing hands, Mayberry Jamaican Equities fell by $1.12 to $9.88 after transferring a mere 242 shares, NCB Financial Group advanced to $184.99, with gains of $2.99 and 53,906 shares changing hands. PanJam Investment climbed $1.44 to settle at $100.95 after trading 61,440 units. Proven Investments gained $1.80 and ended at $48, in swapping 4,738 units, 
Pulse Investments ended at a 52 weeks’ high of $8.50, with gains of $1.50 with 335,014 shares changing hands, Sagicor Group closed $2.80 higher to end at $68.80, in swapping 35,213 shares. Sagicor Real Estate Fund lost 60 cents to end at $9 after trading 4,586 units, Scotia Group exchanged 944,499 shares at $53.45, after losing $1.05, Sygnus Credit Investments lost $1 to settle at $24, with 23,258 shares changing hands and Wisynco Group gained $1.09 to end at $22.65 trading 162,591shares.
Trading in the US dollar market ended with 76,891 units valued at over US$18,235. The market index declined 14.06 points to close at 216.52. JMMB Group 6% preference share lost one cent, trading 5,000 units and closed at 99 US cents. Proven Investments ended at 29 US cents, after losing 2 US cents exchanging 13,700 units and Sygnus Credit Investments closed one cent lower to 17 US cents, with 58,191 units changing hands.
More corrections for Main Market
The Main Market of the Jamaica Stock Exchange stretched its losing streak into the fourth day the JSE All Jamaican Composite Index shedding 2,281.59 points to close at 531,067.72, the JSE Market Index falling 2,132.31 points to 483,587.41.
At the close of trading, JSE Financial Index lost just 0.18 points to close at 131.54, a reflection that stocks in this segment of the market remain relatively stable on Thursday.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 14 advancing, 16 declining and 15 trading firm. The JSE Main Market activity ended with 41 securities accounting for 49,111,069 units valued at $124,613,707 in contrast to 12,415,818 units valued at $141,179,331 from 43 securities on Wednesday.
Sagicor Select Financial Fund dominated trading with 24.3 million shares for 49.5 percent of total volume, followed by Wigton Windfarm with 12.3 million units for 25 percent of the day’s trade, and QWI Investments with 5.9 million shares for 12 percent of the market’s volume. Sagicor Select Manufacturing and Distribution was the only stock trading more than 1 million units, ending the day with 4.3 million shares.
The Market closed with an average of 1,197,409 units valued at an average of $3,035,972 for each security traded, in contrast to 288,740 units valued at an average of $3,283,240 on Wednesday. 
The average volume and value for the month to date amount to 669,453 units valued at $2,538,839 for each security changing hands compared to 489,068 units valued at 2,376,829 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and three with lower offers. The PE ratio of the market ended at 19.4, while the Main Market ended at 18.7 times the 2019 earnings.
In the Main Market, Barita Investments gained $1.90 to close at $70, after exchanging 20,047 shares, Eppley lost 40 cents to settle at $13.80 after trading 195 units, Eppley Caribbean Property Fund slid to $37.50, with a loss of $3.57 swapping 6,340 shares. Jamaica Broilers closed $1 lower to $34, with 41,583 shares changing hands, Jamaica Stock Exchange gained 50 cents trading 81,502 shares to close at $31, JMMB Group declined by $3 to $43, in transferring 112,651 shares. Kingston Wharves climbed $2.40 to $63.47, with an exchange of 3,773 units. MPC Caribbean Clean Energy dropped $6, ending at $190 after 858 units changed hands, NCB Financial lost $2 to end at $187, in trading 211,865 shares, PanJam Investment lost $1 to settle at $100, with an exchange of 3,124 shares. Proven Investments rose to $47, with gains of $2.50 in trading 9,744 units, 
Pulse Investments closed at $7.50, climbing $1.50 after a transfer of 510,319 shares, Sagicor Group gained 50 cents to end at $66.50, with 23,173 shares crossing the market. Scotia Group dropped $1.50 after trading 150,064 shares to close at $53, Stanley Motta rose 70 cents to $5.75 trading 6,768 shares and Sygnus Credit Investments lost $1 to end at $24.50, with 29,744 shares changing hands.
Trading in the US dollar market ended with 9,740 units valued at over US$2,707, with the market index declining 2.16 points to close at 220.57. JMMB Group 5.75% preference share traded 230 units at US$2, JMMB Group 6% preference share exchanged 21 units at US$1, Proven Investments gained 1.3 cents to close at 28.5 US cents, with 5,260 units changing hands and Sygnus Credit Investments closed at 17.99 US cents, after transferring 4,229 units.
