Market activity closed off the first trading day of new month, with the number of shares trading declining 17 percent and the value down 31 percent from Friday out-turn at the close of the Jamaica Stock Exchange Main Market on Monday.
Trading ended with 52 securities compared to 47 on Friday, with 23 rising, 20 declining and nine ending unchanged. The All Jamaican Composite Index slid 1,513.58 points to settle at 446,185.80, the Main Index fell 1,121.73 points to 402,843.29 and the JSE Financial Index lost 0.30 points to end at 97.43.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.8. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 26,109,974 shares down from $172,248,423 versus 31,416,493 units at $248,939,891 on Friday. Mayberry Investments led trading with 74 percent of total volume with a transfer of 19.32 million shares followed by Transjamaican Highway with 5.9 percent for 1.54 million units and Radio Jamaica, with 5 percent after trading 1.31 million units.
Trading averages 502,115 units at $3,312,470, versus 668,436 shares at $5,296,593 compared to October that averaged 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments rose 90 cents to $94.90 in exchanging 5,294 shares, Berger Paints gained 83 cents to close at $14.83 with the swapping of 2,418 stock units, Caribbean Cement slumped $10.95 to $103.05 in trading 27,188 stocks. Caribbean Producers popped 30 cents to end at $8.30 with an exchange of 114,526 units, Eppley rose $1.35 to $37.35 after 2,105 stocks cleared the market, Eppley Caribbean Property Fund advanced $2.49 to $42.90 with a transfer of 14,323 stock units. Guardian Holdings bounced $29.80 to $549.80 with 954 units changing hands, Jamaica Broilers fell $1.20 in ending at $29.80 after 352,064 shares switched owners, Jamaica Producers advanced $1.35 to $23.50 with 3,837 stock units crossing the market. JMMB Group shed 75 cents to close at $37.25 with the swapping of 152,756 units, Kingston Properties rallied $1 to $9.50 in an exchange of 302 shares, Kingston Wharves lost 48 cents to finish at $44.52 with 6,396 stocks crossing the market. Margaritaville rallied 68 cents to end at $14.88 in trading 7,030 shares, Mayberry Investments climbed 30 cents to $6.30 with the swapping of 19,315,460 units, MPC Caribbean Clean Energy declined $15 to $100 after exchanging 240 stock units.
Palace Amusement dropped $60 to $955 in switching ownership of 8 stocks, PanJam Investment popped 50 cents to close at $65 with the swapping of 14,469 shares, Portland JSX lost 50 cents to settle at $7.50 after 1,045 stock units crossed the exchange. Proven Investments dipped 34 cents to close at $33.01 after transferring 84,505 units after hitting a 52 weeks’ intraday low of $30, Sagicor Group declined $4.25 in closing at $53.75 trading 9,821 stocks, Scotia Group gained 50 cents to settle at $36 in trading 14,076 stock units. Seprod fell 25 cents to $63.70, with 3,633 stocks clearing the market, Stanley Motta rose 92 cents to end at $5.84 with 16,403 shares changing hands and Sygnus Real Estate Finance lost 25 cents to close at $18 in exchanging 1,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index advanced 1,839.59 points to settle at 447,699.38, down nearly 8,992 points for the month, the Main Index rose 570.62 points to 403,965.02, down 10,924.94 points for the month and the JSE Financial Index fell 0.57 points to end at 97.73.
Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and one with a lower offer.
NCB Financial fell $4.85 to $125.15 after exchanging 11,556 shares, PanJam Investment rose 75 cents to $64.50 in trading 13,075 stocks, Radio Jamaica gained 48 cents to end at $3.79 with the swapping of 338,676 stock units. Sagicor Group advanced $4.01 in closing at $58 in switching ownership of 649,260 units, Sygnus Credit Investments shed 49 cents to $17.80 in trading 215,266 stock units and Wisynco Group spiked 64 cents to $16.50 after 83,769 units crossed the market.
The All Jamaican Composite Index dropped 3,915.38 points to 445,859.79, the Main Index fell 3,726.12 points to 403,394.40 and the JSE Financial Index advanced 0.03 points to end at 98.30.
Trading averages 301,075 units at $3,006,624 compared to 178,968 shares at $3,858,800 on Wednesday and month to date, an average of 231,162 units at $2,651,067, compared to 227,446 units at $2,632,171 on Wednesday. September closed with an average of 335,669 units at $7,507,404.
NCB Financial fell $1 to $130 with 321,890 stock units crossing the market, Palace Amusement rallied $60 to end at $1,015 with 77 stocks changing hands, PanJam Investment shed 65 cents to $63.75 with the swapping of 35,348 units. Radio Jamaica shed 49 cents ending at $3.31 with 2,248,574 shares crossing the market, Sagicor Group advanced $1.02 to $53.99 in switching ownership of 221,382 stocks, Scotia Group gained 35 cents to close at $35.35 with a transfer of 56,125 units. Sygnus Real Estate Finance spiked 25 cents in closing at $18.30 with an exchange of 3,767 shares and Wisynco Group fell $1.64 to end at $15.86 with 107,458 stock units clearing the market.
The All Jamaican Composite Index surged 3,908.17 points to 449,775.17, the JSE Main Index rallied 3,592.95 points to end at 407,120.52 and the JSE Financial Index added 0.58 points to close the day at 98.27.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and four with lower offers.
Sagicor Group advanced $1.57 to end at $52.97 in exchanging 30,077 shares, Seprod gained 29 cents to settle at $63.99 in trading 10,054 stocks, Stanley Motta rose 30 cents to $5.25 after crossing the exchange with 7,000 stock units. Supreme Ventures lost 26 cents to end at $17.54, with 12,230 stock units changing hands and Wisynco Group fell $1.29 to $17.50 in exchanging 23,257 shares.
dropped 871.55 points to 445,867.00, the JSE Main Index advanced 276.58 points to 403,527.57 and the JSE Financial Index added 0.25 points to 97.69.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and two with lower offers.
Proven Investments fell 45 cents to $33.02 after exchanging 931 stocks. Sagicor Group declined $1.57 to $51.40 with 2,912 units clearing the market, Scotia Group dipped 40 cents to $35.10 in exchanging 137,921 shares, Stanley Motta shed 95 cents to end at $4.95 after trading 500,000 stock units and Wisynco Group advanced $3.04 to end at 52 weeks’ high of $18.79 with the swapping of 619,145 shares.
Trading averages 154,477 units at $2,156,124, compared to 185,973 shares at $1,921,279 on Friday and month to date, an average of 228,041 units at $2,573,940 compared to 232,419 units at $2,598,803 on Friday. September closed with an average of 335,669 units at $7,507,404.
Sagicor Group rose 97 cents to $52.97 with 50,333 units crossing the exchange, Sagicor Real Estate Fund gained 50 cents to $8.50 in switching ownership of 2,542 shares, Seprod picked up 20 cents at $63.70 in an exchange of 10,581 stock units and Sygnus Credit Investments fell 25 cents to $18.40 after 143,800 stocks crossed the market.
The All Jamaican Composite Index slipped 82.69 points to close at 443,617.32, the JSE Main Index dived 2,627.64 points to 400,578.43 and the JSE Financial Index lost 0.94 points to end at 96.51.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and none with lower offers.
PanJam Investment rose 75 cents in closing at $64, with 11,021 units crossing the exchange, Portland JSX declined $2.70 to $7.50 in trading 5,400 stock units, Sagicor Group shed 97 cents in ending at $52 after an exchange of 48,753 stocks. Sagicor Real Estate Fund lost 50 cents to close at $8 with the swapping of 20,200 shares, Seprod advanced $2.60 to $63.50 with a transfer of 4,291 stocks, Stanley Motta rallied 60 cents to $5.90 with the swapping of 8,215 stock units. Sterling Investments gained 20 cents to close at $3 in switching ownership of 18,739 units.
Trading averages 212,990 units at $1,606,341, compared to 204,141 shares at $1,111,397 on Wednesday and month to date, an average of 235,838 units at $2,648,677, compared to 237,543 units at $2,726,463 on Wednesday. September closed with an average of 335,669 units at $7,507,404.
PanJam Investment gained 75 cents to close at $63.25 with 10,917 stocks crossing the market, Pulse Investments lost 27 cents after ending at $4 in an exchange of 47,950 units, Seprod declined $3.08 to $60.90 after 9,342 shares cleared the market and Sterling Investments lost 20 cents to settle at $2.80 with 160,000 stock units crossing the market.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two with lower offers.
Stanley Motta lost 39 cents in closing at $5.31 with an exchange of 62,150 stock units, Sygnus Credit Investments gained 48 cents to close at $18.48 in switching ownership of 132,157 shares and Sygnus Real Estate Finance lost 40 cents ending at $18 with 821 units changing hands.
Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and five with lower offers.
Sagicor Real Estate Fund popped 40 cents to end at $8.40 in switching ownership of 357 stocks, Scotia Group declined $3.63, ending at a 52 weeks’ low of $33.02 in trading 148,478 stocks, making it an interesting stock to watch and Seprod gained 55 cents to close at $63.80 in a transfer of 11,013 stock units.