JSE Main market up 5% in May

The Main Market of the Jamaica Stock exchange closed out May on a high note with the market prime indices rising appreciably to close out the month with a gain of five percent but closed with a loss of 25 percent for the year to date.
At the close, the JSE All Jamaican Composite Index climbed 4,018.59 points to 420,847.85, the JSE Market Index advanced 3,762.78 points to 383,649.98 and the JSE Financial Index gained 1.12 points to 100.80. The PE ratio of the market ended at 14.5, while the Main Market ended at 14.8 times 2020-21 earnings.
The market closed with 49 securities changing hands in the Main and US dollar markets with prices of 22 stocks advancing, 16 declining and 11 securities trading firm. The JSE Main Market activity ended with 45 securities accounting for 109,379,530 units valued at $203,610,322, in contrast to 21,505,791 units valued at $167,719,708 from 40 securities on Thursday.
Wigton Windfarm led trading with 80 million shares for 73 percent of total volume followed by Trans Jamaican Highway with 24 million units for 22 percent of the day’s trade and QWI Investments with 1.5 million units for 1.4 percent market share. Also, trading over a million units was Sagicor Select Financial Fund, with 1.15 million units.
The average trade for the day was 2,430,656 units at $4,524,674 for each security traded, in contrast to 537,645 units at an average of $4,192,993 on Thursday. The average volume and value for the month to date ended at 475,543 units at $3,077,280 for each security changing hands, compared to 369,670 units with an average of $2,994,834. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows seventeen stocks ending with bids higher than their last selling prices and three stocks closing with lower offers.
In the Main Market, Barita Investments shed 60 cents to end at $50.40, with a transfer of 171,676 shares, Caribbean Cement gained $1 exchanging 34,628 stock units and closed at $52, Eppley ended $1 higher at $17.99, with 35,848 stock units changing hands. Eppley Caribbean Property Fund jumped $5 to $38 after swapping a mere one unit, First Rock Capital shed 40 cents to settle at $12.60, in transferring 2,741 units, Jamaica Producers closed 70 cents lower at $20.10 trading 423,052 shares. Jamaica Stock Exchange gained $1.57 and ended at $22.57, exchanging 105,212 shares, Kingston Properties dropped $1.50 to finish at $4.80, after swapping 40,000 stock units, Kingston Wharves climbed $2.99 to $57.99 transferring 9,590 units. Mayberry Investments lost 40 cents to end at $5.60 trading 14,908 units, Palace Amusement shed another $100 to close at $1,100, in an exchange of 83 units, Salada Foods gained 50 cents swapping 191,208 shares and closed at $29. Scotia Group advanced by $1 to $46, with 17,902 stock units changing hands, Stanley Motta picked up 80 cents to settle at $5.50, after transferring 31,500 stock units, Supreme Ventures gained 30 cents exchanging 40,864 stock units and closed at $14.80 and Sygnus Credit Investments ended trading at $17.32, after rising 36 cents and swapping 7,512 units.

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

More retreating for JSE Main Market

Jamaica Stock Exchange Main Market activity ended with the market index declining for a second day, just ahead of the final trading day for May as investors exchanged more shares than on Wednesday.
At the close, the JSE All Jamaican Composite Index declined by 1,262.37 points to 416,829.26, the JSE Market Index fell 1,326.12 points to 379,887.20 and the JSE Financial Index lost 0.90 points to 99.68. The PE ratio of the market ended at 14.4, while the Main Market ended at 14.6 times 2020-21 earnings.
The market closed with 46 securities changing hands in the Main and US dollar markets with prices of 14 stocks advancing, 16 declining and 16 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 21,505,791 units valued at $167,719,708, in contrast to 18,437,961 units valued at $158,788,476 from 44 securities on Wednesday.
Trans Jamaican Highway led trading with 7.3 million shares for 34 percent of the total volume, followed by Wigton Windfarm with 6.5 million units for 30.4 percent of the day’s trade and Supreme Ventures with 1.7 million units for 7.8 percent market share. Other stocks trading over 1 million units were Sagicor Select Financial Fund and Wisynco Group, with 1.15 million units and 1.1 million units, respectively.
The average trade for the day was 537,645 units at $4,192,993 each, in contrast to 419,045 units for $3,608,829 on Wednesday. The average volume and value for the month to date amount to 369,670 units valued at $2,994,834 for each security changing hands, compared to 361,176 units with an average value of $2,930,932. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 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 stocks closing with lower offers.
In the Main Market, Barita Investments gained 60 cents to close at $51 in trading 3,456 units, Eppley Caribbean Property Fund dropped $4 to $33, with an exchange of 2,310 units, First Rock Capital ended $1.75 lower at $13 after transferring 3,153 units. Jamaica Broilers shed 39 cents exchanging 13,765 stock units to settle at $26.11, Jamaica Producers slipped 50 cents to $20.80, in transferring 229,065 shares. Jamaica Stock Exchange dropped $1.90 to finish at $21, with 40,537 stock units changing hands. Mayberry Jamaican Equities closed 40 cents lower at $9.80, in switching ownership of 22,088 stock units, MPC Caribbean Clean Energy tumbled $16 to $160 trading 1,501 units, NCB Financial Group climbed $1.01 to end at $148, with 476,923 shares changing hands. 138 Student Living gained 81 cents and transferred 71,160 stock units in closing at $7.50, Palace Amusement dived $100 to end at $1,200 trading 144 units, Sagicor Group rose 39 cents to $46.40 exchanging 34,761 stock units. Sagicor Real Estate Fund added 84 cents to finish at $7.94, with 600 units changing hands, Seprod climbed $1.39 to close at $54.95, in trading 141,419 shares and Supreme Ventures slid $1.20 transferring 1,674,041 shares and closed at $14.50.

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

JSE majors give up some gains

Jamaica Stock Exchange Main Market gave back some of the solid gains enjoyed on Tuesday as declining stocks outpaced declining ones and the volume and value of stocks trading rose.
At the close, the JSE All Jamaican Composite Index declined by 2,732.71 points to 418,091.63, the JSE Market Index dropped 2,473.80 points to 381,213.32 and the JSE Financial Index lost 0.29 points to 100.58.
The market closed with 49 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 21 declining and 12 securities trading firm. The JSE Main Market activity ended with 44 securities accounting for 18,437,961 units valued at $158,788,476, in contrast to 17,326,841 units valued at $105,645,502 from 45 securities on Tuesday.
Wigton Windfarm led trading with 5.8 million shares for 31.4 percent of total volume followed by Trans Jamaican Highway with 5.1 million units for 27.7 percent of the day’s trade and Carreras with 1.1 million units for 5.8 percent market share. Sagicor Select Financial Fund with 1.06 million shares was the only other company trading over a million units.
The Market closed with an average of 419,045 units at $3,608,829 for each security traded, in contrast to 385,041 units valued at an average of $2,347,678 on Tuesday. The average volume and value for the month to date amount to 361,176 units valued at $2,930,932 for each security changing hands, compared to 357,768 units with an average value of $2,888,684. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 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 eight stocks closing with lower offers. The PE ratio of the market ended at 14.6, while the Main Market ended at 14.9 times 2020/21 earnings.
In the Main Market trading, Barita Investments lost 60 cents to close at $50.40, after trading 14,026 stock units, Caribbean Cement fell by $1 to $51, with an exchange of 418,010 shares, First Rock Capital climbed $2.40 to $14.75 after 8,014 units crossed the exchange. Grace Kennedy closed 61 cents lower at $57.99, with 365,867 shares changing hands, Jamaica Broilers gained 40 cents after swapping 186,450 shares to end at $26.50, Jamaica Stock Exchange picked up 40 cents to settle at $22.90, after exchanging 13,248 stock units. Kingston Wharves closed 99 cents higher at $54.99, with a transfer of 10,560 stock units, NCB Financial Group slipped 50 cents to end at $146.99, after swapping 318,361 shares, Palace Amusement advanced $100 to end at $1,300 while trading 80 units. PanJam Investment closed at $75.01, with a loss of 74 cents after exchanging 34,676 stock units, Proven Investments fell 99 cents to finish at $35, in swapping 26,455 stock units, Sagicor Real Estate Fund ended 84 cents lower at $7.10, with 105,300 shares changing hands. Salada Foods declined $1.50 to $28.50 after 15,492 stock units changed hands, Seprod lost 44 cents to close at $53.56, in trading 51,316 stock units, Stanley Motta finished at $4.70, having lost 35 cents in swapping 12,264 units. Supreme Ventures ended at $15.70, with a rise of 70 cents in exchanging 645,967 shares and Sygnus Credit Investments gained 79 cents with 38,427 stock units crossing the exchange and closed at $16.99.

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

JSE Main Market slips on Thursday

Jamaica Stock Exchange’s main market lost altitude in Thursday’s trading as declining stocks edged out advancing ones on a day with moderately less volume trading at a higher value than on Wednesday.
At the close, the JSE All Jamaican Composite Index declined 505.76 points to 416,769.58, the JSE Market Index shed 457.79 points to close at 379,953.77 and the JSE Financial Index lost 0.99 points to end at 99.73.
The market closed with 43 securities changing hands in the Main and US dollar markets with prices of 17 stocks advancing, 19 declining and seven securities trading firm. The JSE Main Market activity ended with 41 securities accounting for 11,035,315 units valued $112,835,625, in contrast to 11,610,708 units valued at $178,231,093 from 46 securities on Wednesday.
Trading was more evenly spread among stocks, than for some time and ended, with Wigton Windfarm trading 2.4 million shares for 21.5 percent of total volume. Trans Jamaican Highway followed with 2.05 million units for 18.6 percent of the day’s trade and Sagicor Select Financial Fund, with 2 million units for 18 percent market share.
The Market closed with an average of 269,154 units of $2,752,088 for each security traded, in contrast to 283,188 units valued at an average of $4,347,100 on Wednesday. The average volume and value for the month to date amount to 348,777 units valued at $2,908,729 for each security changing hands, compared to 354,034 units with an average value of $2,919,802. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 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 eight stocks closing with lower offers. The PE ratio of the market ended at 14.4, while the Main Market ended at 14.8 times 2020-21 earnings.
In the Main Market activity, Barita Investments closed 50 cents lower at $50.50, in exchanging 6,647 units, Caribbean Cement shed 49 cents trading 9,810 units and closed at $49.50, Jamaica Producers fell $1.40 to $20.10, with a transfer of 168,477 shares. Jamaica Stock Exchange added $1.07 to end at $22.97, after swapping 66,339 shares, Key Insurance declined to $4.50, with a loss of $1 after exchanging 97,762 shares, Kingston Properties gained 30 cents to finish at $6.30, in transferring 6,000 units. Kingston Wharves climbed $4.25 to $58.25, with 1,327 units changing hands, Mayberry Investments lost 40 cents to close at $5.60 with 30,485 stock units changing hands, Mayberry Jamaican Equities exchanged 27,317 stock units after shedding 60 cents to end at $9.40, and is trading at an 11.5 percent premium to the Net Asset Value as of May 18, of J$8.15. Palace Amusement closed $200 lower to $1,100, in trading 81 units, Proven Investments lost 50 cents to settle at $34.50 in swapping 2,417 units, Salada Foods declined to $26, with a loss of $2 after transferring 9,397 units. Scotia Group closed at $44, after losing $1 and exchanging 5,173 units and Sygnus Credit Investments ended the day 90 cents higher at $16, with 4,069 units changing hands.

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

JSE Main Market continues to rebound

The Main Market Jamaica Stock Exchange resumed its recent upward run by putting in solid gains in the market indices on Thursday as investors continued to trade low volume of stocks.
At the close, the JSE All Jamaican Composite Index rebounded 2,484.31 points to 413,689.01, the JSE Market Index climbed 2,275.43 points to 377,070.44 and the JSE Financial Index gained 0.98 points to 101.46.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 18 stocks advancing, 15 declining and 14 securities trading firm. The JSE Main Market activity ended with 43 securities changing hands accounting for 12,358,723 units valued at $97,621,587, in contrast to 13,203,444 units valued at $113,823,838 from 42 securities on Wednesday.
Trans Jamaican Highway led trading with 5.7 million shares for 46 percent of total volume, followed by Wigton Windfarm with 2.1 million units for 17 percent of the day’s trade and Supreme Ventures with 1 million units for 8.4 percent market share.
The Market closed with an average of 287,412 units at $2,270,269 for each security traded, in contrast to 314,368 units at an average of $2,710,091 on Tuesday. The average volume and value for the month to date amount to 322,299 units valued at $2,746,160 for each security changing hands, compared to 325,967 units with an average value of $2,801,767. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 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 six closing with lower offers. The PE ratio of the market ended at 14.2, while the Main Market ended at 14.4 times 2020-21 earnings.
In Main Market trading, Barita Investments lost 79 cents to end at $51.21, in transferring 7,572 units, Caribbean Cement added 41 cents to end at $50.40, with 10,793 units changing hands, Jamaica Producers gained 50 cents swapping 45,529 stock units after closing at $21.50. Jamaica Stock Exchange finished at $19.50, with a loss of $1.45 trading 31,225 stock units, JMMB Group picked up 70 cents to settle at $34, in exchanging 85,510 shares, Key Insurance ended $1.30 lower at $8.40, after transferring 173,824 shares. Kingston Wharves advanced by $2 to $48, with 15,507 stock units crossing the exchange, MPC Caribbean Clean Energy closed $6 higher at $176, after swapping 230 units, 138 Student Living climbed $1.55 to finish at $8, with 157,553 shares traded. Palace Amusement advanced $100 to $1,500 with just 21 units changing hands, Portland JSX gained 36 cents to settle at $7.66, in an exchange of 9,300 units, Sagicor Group shed 90 cents to end at $45.50, in switching ownership of 124,406 shares. Sagicor Real Estate Fund lost 39 cents transferring 500 units and closed at $7.50, Salada Foods fell by $1.50 to $28.50, with an exchange of 3,525 units, Scotia Group gained $2.40 and ended at $47.40, in trading 750 units. Seprod had 17,733 stock units changing hands at $49.50, after rising $3. Supreme Ventures shed 80 cents to end at $15.45, with 1,042,478 shares crossing the exchange, Sygnus Credit Investments climbed $2.39 to $19.39, in transferring 10,451 units, Victoria Mutual Investments lost 43 cents in exchanging 158,093 shares to close at $7.57 and Wisynco Group shed 90 cents to end at $17.95 in trading 582,316 shares.

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

First JSE Main Market fall in 7 days

Declining Jamaica Stock Exchange securities edged out advancing ones on Wednesday with the value and volume of stocks trading, rising over Tuesday’s levels and leading to the first decline in the market index in seven days.
At the close of the market, the JSE All Jamaican Composite Index lost 1,208.25 points to end at 411,204.70, the JSE Market Index fell 981.01 points to 374,795.01 and the JSE Financial Index lost 0.49 points to 100.48.
The market closed with 46 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 18 declining and 12 securities trading firm. The JSE Main Market activity ended with 42 securities accounting for 13,203,444 units valued at $113,823,838, in contrast to 10,234,687 units valued at $74,845,819 from 40 securities on Tuesday.
Trans Jamaican Highway led trading with 4.5 million shares for 34 percent of total volume followed by Sagicor Select Manufacturing & Distribution Funds with 3.9 million units for 29.6 percent of the trade and Pulse Investments with 1.1 million units for 8 percent market share.
The Market closed with an average of 314,368 units at $2,710,091 for each security traded, in contrast to 255,867 units at an average of $1,871,145 on Tuesday. The average volume and value for the month to date amount to 325,967 units valued at $2,801,767 for each security changing hands, compared to 327,294 units with an average of $2,813,578. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and nine stocks closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020-21 earnings.
In the Main Market, Barita Investments fell $1 to $52 in trading 10,659 stock units, Berger Paints lost 50 cents transferring 500 units to end at $13.50, Caribbean Cement closed $2.99 higher at $49.99, with 34,511 shares changing hands. Eppley traded 17,578 stock units at $13.50, after losing $1.50, Jamaica Stock Exchange ended at $20.95, after rising $1.45 and swapping 10,006 units, Key Insurance shed 50 cents to finish at $9.70, in transferring 121,960 shares. Mayberry Jamaican Equities gained 69 cents and closed at $9.49, with an exchange of 10,238 units, MPC Caribbean Clean Energy jumped $20 to $170 in trading a mere 20 units, Pan Jam Investment climbed $2 exchanging 1,256 units to settle at $80. Portland JSX closed $1.40 lower at $7.30 with 100 units changing hands, Sagicor Group added 41 cents to reach $46.40, with 9,447 units passing through the market, Scotia Group ended at $45, with a loss of $3 trading 704,571 shares. Seprod exchanged 41,542 shares at $46.50, after shedding $2.50. Supreme Ventures advanced by $1.25 to $16.25, with 101,618 shares crossing the exchange, Sygnus Credit Investments shed 48 cents to end at $17, in trading 369,311 shares, VM Wealth Investments gained 70 cents exchanging 305,611 shares and closed at $$8 and Wisynco Group added 95 cents to end at $18.85, with 265,968 shares changing hands.

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

JSE Main market rolls on up

The Main Market of the Jamaica Stock Exchange stretched the unbroken run into its sixth day, with modest gains in the market indices on Tuesday, but the market is still more than 26 percent adrift from the 2020 opening position.
At the close of the market, the JSE All Jamaican Composite Index advanced by 1,038.41 points to 412,412.95, the JSE Market Index added 828.05 points to close at 375,776.02 and the JSE Financial Index rose 0.14 points to 100.97.
The market closed with 43 securities changing hands in the Main and US dollar markets with prices of 23 stocks advancing, 8 declining and 12 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 10,234,687 units valued at $74,845,819, down from 13,635,712 units valued at $96,460,473 from 44 securities on Monday.
Trans Jamaican Highway led trading with 4.9 million shares for 48 percent of total main market volume followed by Sagicor Select Financial Fund with 1.7 million units for 16.2 percent of the day’s trade and Trans Jamaican Highway US$ with 1 million units for 10 percent of the market’s volume.
The Market closed with an average of 255,867 units at $1,871,145 for each security traded, down from 309,903 units valued at an average of $2,192,283 on Monday. The average volume and value for the month to date amount to 327,294 units valued at $2,813,578 for each security changing hands, compared to 336,031 units with an average of $2,945,387. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 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 five stocks closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020-21 earnings.
In the Main Market, Caribbean Cement dropped $2.97 to $47, while trading 24,815 stock units, Eppley Caribbean Property Fund climbed $2.28 to $32.28 in exchange of 100 units, First Rock Capital gained 30 cents to end at $11.30 after transferring 5,173 units. Grace Kennedy closed 40 cents higher at $57.90, with an exchange of 26,542 stock units, Jamaica Broilers shed 50 cents in trading 116,728 shares and closed at $25, Jamaica Producers ended $1.65 higher at $21, after swapping 9,212 units. Jamaica Stock Exchange fell $1.40 to $19.50, with 4,138 units changing hands, Kingston Wharves gained $2 and ended at $46, with the trading of 88,025 shares, Mayberry Jamaican Equities declined by $2.20 transferring 50,119 stock units and closed at $8.80. MPC Caribbean Clean Energy dropped $25.50 to close at $150, in swapping 666 units, NCB Financial Group closed $4 higher at $149.01, after transferring 76,046 shares, 138 Student Living rose 40 cents to settle at $6.45, in trading a mere 28 units. Pan Jam Investment gained 30 cents to settle at $78, with 115,267 shares changing hands, Sagicor Group closed 49 cents higher trading 152,383 shares to finish at $45.99, Sagicor Real Estate Fund ended the day with gains of $1.44 to hit $7.94, in swapping 250 units. Salada Foods advanced $1 to $30, in transferring 354 units, Scotia Group closed at $48, with gains of $1 after an exchange of 14,705 stock units, Seprod traded $1.50 higher at $49 with 19,359 units changing hands. Sygnus Credit Investments ended at $17.48, after rising $1.28 and trading 80,501 shares and Wisynco Group rose 37 cents to close at $17.90, with 560,921 shares crossing the exchange.

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

More recovery for JSE Main Market

The Main Market of the Jamaica Stock Exchange continued its spirited run since it fell to under 40,000 points on April 28, after banking stocks got battered by the suspension of dividends, orchestrated by Bank of Jamaica.  
At the close of trading, the market was enjoying its third straight day of gains, with the JSE All Jamaican Composite Index climbing 2,698.18 points to 404,587.50, the JSE Market Index added 2,528.96 points to 368,889.50 and the JSE Financial Index gained 1.05 points to 99.14.
The market closed with 46 securities changing hands in the Main and US dollar markets with prices of 17 stocks advancing, 16 declining and 13 securities ending unchanged. Two preference stocks closed at 52 weeks’ low. The JSE Main Market activity ended with 42 securities accounting for 22,545,407 units valued at just $84,409,280, in contrast to 13,244,349 units valued at $91,265,025 from 41 securities on Wednesday.
Trans Jamaican Highway led trading with 12.8 million shares for 57 percent of total volume followed by Pulse Investments with 3.9 million units for 17 percent of the day’s trade and Wisynco Group with 1.3 million units for just under 6 percent market share.
The market closed with an average of 536,795 units valued at $2,009,745 for each security traded, in contrast to 323,033 units valued at an average of $2,225,976 on Wednesday. The average volume and value for the month to date amount to 398,499 units valued at $2,361,153 for each security changing hands, compared to 362,134 units at an average value of $2,453,398. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 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 six stocks closing with lower offers. The PE ratio of the market ended at 14, while the Main Market ended at 14.2 times 2020-21 earnings.
In the Main Market, Eppley added 64 cents to end at $12, with 5,000 units changing hands, Eppley Caribbean Property Fund shed 99 cents trading 2,272 units to settle at $33.01, Grace Kennedy closed at $58, with gains of 65 cents in transferring 27,376 stock units. Jamaica Broilers finished the day $1.27 higher at $25.27, after swapping 62,448 shares, Jamaica Producers lost $1.54 and ended at $18.95, exchanging 5,120 units, Jamaica Stock Exchange gained 35 cents transferring 11,900 units and closed at $20.90. JMMB Group closed 49 cents lower to $33.51, in trading 165,473 shares, Key Insurance shed $1.03 to settle at $9.01 after it traded at an all-time high of $11.50, with an exchange of 535,846 shares, Mayberry Investments closed 60 cents lower at $5.20, in swapping 151,000 shares. Mayberry Jamaican Equities gained 51 cents to end at $8.50, with 1,700 units changing hands, MPC Caribbean Clean Energy soared $15.50 to $175.50, after swapping 110 units, NCB Financial Group advanced by $3 to $145, with a transfer of 21,887 stock units. Palace Amusement tumbled to $1,500, after sustaining a loss of $200 in trading 122 shares, PanJam Investment advance by $4.70 to $77.70, with an exchange of 155 units, Pulse Investments gained 39 cents to finish at $2.45, after transferring 3,855,905 shares, following the release of nine months results. Scotia Group closed at $44, with a loss of 90 cents trading 71,618 stock units, Seprod ended $2 higher at $46, with 9,465 units crossing the exchange, Stanley Motta rose 54 cents to $5.14, after swapping 9,473 units. Supreme Ventures fell $1.10 to $14 after transferring 225,244 shares and Wisynco Group ended 65 cents lower at $17, with 1,327,496 shares changing hands.

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

JSE Main Market closed down – Monday

The Jamaican Stock Exchange Main Market shot up 4,787 points within 30 minutes of trading to 405284.40 but failed to hold on to the early gains at the close of the market.
At the close of trading, the JSE All Jamaican Composite Index declined by 3,268.96 points to 397,228.54, the JSE Market Index dropped 2,888.59 points to 362,240.86 and the  JSE Financial Index lost 0.60 points to 97.41.
The market closed with 45 securities changing hands in the Main and US dollar markets with prices of 17 stocks advancing, 17 declining and 11 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 29,595,732 units valued at $155,534,212, in contrast to 6,350,098 units valued at $68,445,442 from 41 securities on Friday.
Trans Jamaican Highway led trading with 13.9 million shares for 47 percent of total volume followed by Mayberry Jamaican Equities with 9.7 million units for 33 percent of the day’s trade and Wigton Windfarm with 2 million units for 7 percent market share.
The Market closed with an average of 739,893 units valued at $3,888,355 for each security traded, in contrast to 154,880 units valued at an average of $1,669,401 on Friday. The average volume and value for the month to date amount to 443,776 units valued at $2,765,181 for each security changing hands. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 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 six stocks closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020/21 earnings.
In the Main Market, Barita Investments declined by $1.85 to $51.60, with an exchange of 43,168 stock units, Caribbean Cement closed $1 higher to $45.99, in transferring 4,850 units, Eppley ended at $12, with a loss of $3 after trading 13,922 units. Grace Kennedy settled at $58, after gaining $1 and swapping 17,132 units, Jamaica Stock Exchange closed $1.10 lower to $20.50, with a transfer of 43,338 stock units, Key Insurance picked up $1.45 in trading 160,949 shares and finished at a record high of $8.45. Kingston Properties gained $1.65 to end at $6.15, after exchanging 200 units, Mayberry Investments shed 40 cents to close at $5.40, in switching ownership of 74,079 shares, MPC Caribbean Clean Energy climbed $13 to $160 trading a mere 100 units. NCB Financial Group closed at $142.50, with a loss of $2.50 after transferring 115,522 shares, PanJam Investment lost 50 cents to close at $76.50, with 230 units changing hands, Proven Investments rose 49 cents exchanging 11,104 units to end at $36.50. Sagicor Real Estate Fund closed $1.25 lower to settle at $6.50, in swapping 6,438 units, Scotia Group added 50 cents to finish at $44.50, in trading 9,250 units, Seprod ended at $44, with a loss of 85 cents exchanging 6,938 units and Supreme Ventures added 50 cents to close at $16.40, trading 229,782 shares.

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

JSE Main Market stretches gains into May

JSE Main market stocks climbed higher at the close on Friday on top of substantial gains on Wednesday and a more moderate increase on Thursday as advancing stocks were marginally less than declining ones.
At the close of trading, the JSE All Jamaican Composite Index advanced by 1,102.78 points to 400,497.50, the JSE Market Index climbed 1,083.49 points to 365,129.45 and the JSE Financial Index added 0.04 points to 98.01.
The market closed with 44 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 17 declining and 11 securities trading firm. Main Market activity ended with 41 securities accounting for 6,350,098 units valued at $68,445,442, in contrast to 79,915,162 units valued at $130,493,189 from 41 securities on Thursday.
Wigton Windfarm led trading with 1.5 million shares for 23.3 percent of total volume followed by Trans Jamaican Highway with 1.1 million units for 17.6 percent of the day’s trade and Supreme Ventures with 583,782 units for 9.2 percent of the market’s volume.
The Market closed with an average of 154,880 units at $1,669,401 for each security traded, in contrast to 1,949,150 units valued at an average of $3,182,761 on Thursday. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 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 eight stocks closing with lower offers. The PE ratio of the market ended at 14, while the Main Market ended at 14.2 times 2020-21 earnings.
In the Main Market, Barita Investments shed 40 cents and closed at $53.45, with an exchange of 2,367 units, Berger Paints closed 50 cents lower to $13, in trading 2,000 units, Eppley climbed $1.50, with a transfer of 1,030 units at $15. Eppley Caribbean Property Fund lost 50 cents to end at $35.50, after swapping 1,070 units, Jamaica Producers gained 43 cents to settle at $18.93, in transferring 16,450 stock units, Jamaica Stock Exchange fell $1.40 to $21.60, after exchanging 1,819 units. JMMB Group declined to $33, with a loss of 99 cents trading 360,765 shares, Mayberry Jamaican Equities closed $1.60 lower to $8.20 trading 4,411 units, NCB Financial Group closed at $145, with gains of $2 after swapping 85,918 shares. PanJam Investment gained 60 cents to close at $77, with 56,155 shares changing hands, Proven Investments shed 99 cents with a transfer of a mere 20 units and closed at $36.01, Sagicor Real Estate Fund gained 64 cents to settle at $7.75, in swapping 10,864 stock units. Scotia Group closed 50 cents higher at $44, in trading 56,801 shares and Supreme Ventures gained 90 cents to end at $15.90, trading 583,782 shares.

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