Big drop for JSE main market

The Jamaica Stock Exchange Main Market suffered a sharp fall at the close of trading on Tuesday with just a few stocks rising compared that that fell on a day there were 54 percent fewer shares changing hands than on Monday.
At the close, the All Jamaican Composite Index dropped 7,335.15 points to 398,395.64, the Main Index declined by 6,792.78 points to 363,489.94 and the JSE Financial Index shed 1.74 points to close at 95.95.
Trading ended with 42 securities changing hands compared to 38 on Monday, with the prices of nine stocks rising, 26  declining and seven remaining unchanged. The average PE Ratio of the market ended at 15 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 10,999,409 shares for $42,539,683  compared to  24,003,466 units at $161,278,819 on Monday.  Wigton Windfarm led trading with 5.77 million shares for 52.4 percent of total volume, followed by Transjamaican Highway with 1.62 million units for 14.8 percent of the day’s trade and Carreras with 1.01 million units for 9.2 percent market share.
Trading ended with an average of 261,891 units changing hands at  $1,012,850 for each security, in comparison to an average of 631,670 shares at $4,244,179 on Monday. Trading in August averaged   497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments lost 50 cents, trading 1,171 shares in closing at $52.50, Caribbean Cement dropped $4 to $43, in exchanging 11,608 stock units, Eppley Caribbean Property Fund fell $2.75 to $47, with 109,021 shares clearing the market. First Rock Capital ended  47 cents lower at $11.53, in transferring 591 units, Jamaica Broilers Group gained 50 cents to settle at $25.50 after exchanging 9,326 stock units, Jamaica Producers Group lost 30 cents to end at $20  as investors swapped 5,510 stock units. JMMB Group closed at $29.80, after falling 70 cents with 28,534 stock units passing through the market, Key Insurance gained 34 cents, to close at $7.55  with an exchange of 5,417 stock units, Kingston Properties fell by $1.03 to $6.17, with  2,407 units changing hands. Kingston Wharves dropped $8 after trading 28,483 stock units to close at $42, NCB Financial Group declined by $4 to $136, after exchanging 24,762 stocks, Palace Amusement fell $200 to end at $1,500, with a transfer of 13 units. PanJam Investment fell $4.50 to $66.50 while trading 314 shares, Proven Investments shed $1.99 to close at $36 with an exchange of 6,896 stock units, Sagicor Group finished at $44, after losing $2.42 and the transferring of 48,477 shares. Scotia  Group declined by $3.49 to settle at $47 in trading 26,079 stock units and Seprod gained 50 cents to end at $54, with 1,477 units changing hands.

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

JSE Main Market drops

The Jamaica Stock Exchange Main Market ended trading on Thursday, with the market declining after more stocks fell than rose after investors exchanged 50 percent fewer shares than on Wednesday.
At the close, the All Jamaican Composite Index shed 1,900.02 points to settle at 401,910.62, the Main Index declined by 1,720.64 points to close at 366,825.76 and the JSE Financial Index shed 0.39 points to settle at 96.76.
Trading ended with 43 securities changing hands compared to 43 on Wednesday and closed with the prices of 14 stocks rising, the prices of 21 declining and eight remaining unchanged and the average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 11,372,477 shares for  $74,529,571  compare to 22,689,448 units at $201,190,246 on Wednesday.
Wigton Windfarm led trading with 5.58 million shares for 49 percent of total volume followed by QWI Investments with 2.11 million units for 18.5 percent of the day’s trade and Transjamaican Highway with 1.33 million units for 11.7 percent market share.
Trading ended with an average of 264,476 units changing hands at $1,733,246 for each security, in comparison to an average of 527,662  shares at $4,678,843 on Wednesday. The average trade for the month to date  ended at 441,102 units at $2,920,753 for each security, in contrast to 451,449 units at $2,990,321. Trading month to date is well ahead of July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments dropped 90 cents to close at $53.20, with 5,447 stock units crossing the market, Caribbean Cement advanced $3.63 in ending at $47.63 while exchanging 3,967 shares, First Rock Capital shed 40 cents to close at $12.50 with investors switching ownership of 1,997 units. Grace Kennedy carved out a gain of $1.44 in closing at $56.45, with an exchange of 3,254 shares, Jamaica Broilers Group fell 80 cents to $24 with 62,057 stock units changing hands, Jamaica Producers Group advanced $1 to end at $21 in trading 414 units. Jamaica Stock Exchange lost $1.47 to end at $17.53 after trading 46,764 units, JMMB Group carved out a loss  50 cents to close at $30, with 44,422 stocks crossing the market, Kingston Properties shed 40 cents in closing at $7.20 with an exchange of 169 stock units. Kingston Wharves rose 95 cents to close at $50 in exchanging 572,067 stocks, NCB Financial Group dropped $3.97 to end at $136.01 after trading 158,851 shares, Palace  Amusement dropped by $50 in closing at $1700 crossing the market one stocks. PanJam Investment gained $6  to end at $71 in trading 1,520 stocks, Proven Investments advanced 40 cents to $36.50  with investors swapping 20,001 stock units, Sagicor Group shed 50 cents to close at  $45 after exchanging 18,139 units. Scotia Group dropped by $2.50 in ending at $47,  with an exchange of 112,320 shares and Victoria Mutual Investments gained 40 cents and closed $6.90, with investors switching ownership of 117,840 units.

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

JSE main market rises on low volume

The Jamaica Stock Exchange Main Market ended trading on Friday, with the index rising after the heavyweights, Caribbean Cement, NCB Financial, PanJam Investment and Scotia Group rose by a dollar or more, with more stocks falling than rising as investors exchanged 46 percent fewer shares than on Thursday.
At the close, the All Jamaican Composite Index increased 1,974.17 points to settle at 403,525.65, Main Index gained 1,787.12 points to close at 368,099.13 and the JSE Financial Index advanced by 0.67 points to finish at 96.52.
Trading ended with 45 securities changing hands compared to 41 securities on Thursday and ended with the prices of 14 stocks rising, the prices of 17 declining and 14 remaining unchanged. The average PE Ratio of the market ended at 15.5 based on IC Insider.com’s  forecast of 2020-21 earnings.
he market closed with an exchange of 10,324,462 shares for $54,359,400 compared to 18,091,098 units at $52,570,216 on Thursday.
Wigton Windfarm led trading with 3.87 million shares for 39.8 percent of total volume, followed by Transjamaican Highway with 2.24 million units for 23.1 percent of the day’s trade and Pulse Investments with 1.88 million units for 19.4 percent market share. Jamaica Broilers Group was the only other stock to exceed a million shares and ended with 1.05 million units changing hands.
Trading for the day ended with an average of  229,432 units changing hands for the day at $1,207,987 for each security, in comparison to an average of 441,246 shares at $1,282,200 on  Thursday. The average trade for the month to date ended at 460,700 units at $2,591,884, in contrast to 479,152 units at $2,702,302. Trading month to date compares adversely to July with an average of 392,128  shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Cement climbed  $1 to settle at $43.50 with an exchange of 15,441 shares, Eppley rose 32 cents to end at $17.82 with 1,000 stock units traded, Grace Kennedy fell 49 cents to finish at $56.01 with 30,079 stocks changing hands. Jamaica Broilers Group carved out a loss of $1.50 to close at $23 with investors transferring 1,049,111 stock units, Jamaica Producers Group jumped 98 cents to end at $22.98 in an exchange of 905 shares. Jamaica Stock Exchange fell 35 cents to settle at $20.14 with 3,815 stock units traded, JMMB Group advanced 60 cents to close at $31.30 with investors switching ownership of 38,865 units, Kingston Properties finished 40 cents higher at $7.60 with 250 stock units changing hands. Kingston Wharves declined by 90 cents to end at $49.10 with an exchange of 3,134 units, NCB Financial Group increased by $1 to close at $139, with 30,821 stocks traded, PanJam Investment climbed  $3.50 to end at $68 with investors transferring 932 stock units. Proven Investments carved out a loss of $1.75 to finish at $34.10 with 40,514 stock units changing hands, Scotia Group climbed $1.75 to settle at $48 in the exchange of 27,903 stock units, Seprod dropped 50 cents to end at $54.50 with 5,874 stock units traded and Wisynco Group carved out a loss of 50 cents to close at $16.90 with 48,649 stock units crossing the exchange.
In the preference segment, Eppley 8.75% lost 53 cents to close at $7.47, with 101 shares changing hands.

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

JSE Main Market dips

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The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market declining after more stocks fell than rose after investors exchanged three percent fewer shares than on Tuesday.
At the close, the All Jamaican Composite Index lost 1,637.5 points to settle at 401,775.12, the Main Index lost 1,462.96 points to end at 366,695.36, the JSE Financial Index shed 0.01 point to close at 95.95.
Trading ended with 40 securities changing hands compared to 44 securities on Tuesday and ended with the prices of 13 stocks rising, the prices of 21 declining and six remaining unchanged. The average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 34,870,786 shares for $314,992,214 compared to 33,825,327 units at $268,427,066 on Tuesday.
Wigton Windfarm led trading with 22.4 million shares for 64.2 percent of total volume followed by Sagicor Group with 3.70 million units for 10.6 percent of the day’s trade, Jamaica Broilers Group with 1.70 million units for 4.9 percent market share. Also trading over a million units are Pulse Investments with 1.55 million shares and Sagicor Select Financial Fund 1.25 million units.
Trading ended with an average of 871,770 units changing hands for the day at  $7,874,805 for each security, in comparison to an average of 768,757  shares at $6,100,615 on Tuesday. The average trade for the month to date, ended at 482,124 units at $2,813,629 for each security, in contrast to 449,855 units at $2,394,455. Trading month to date compares well to, July with an average of 392,128  shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 8 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments climbed $1.30 in closing at $56.50, with 1,727 shares passing through the market, Caribbean Cement shed 72 cents to end at $43.27 in finishing, with 9,096 units changing hands. Eppley carved out a loss of 40 cents to close at $17.50 in trading 2,000 stock units, Jamaica Producers Group dropped 90 cents in closing at $22 with investors switching ownership of 229,313 stock units.  Kingston Properties gained $1.04 to end at $7.20 in an exchange of174 stocks, Kingston Wharves dropped by $5 to close at $49 changing hands 600 units, NCB Financial Group increased $7 to close at $138 after exchanging 98,898 shares. 138 Student Living declined by $1.18 ending at $5.80 after exchanging 325 units, PanJam Investment fell $7 in ending at $65 and exchanging 205 stock units, Proven Investments lost $1.92 to end at $34.02, with 200 stock units changing hands, Scotia Group increased 50 cents to settle at $46.50 with investors swapping 1,500 units.  Seprod lost 85 cents to close at $54.15 with an exchange of 325 units and  Wisynco Group dropped by 70 cents in closing at $16.55 after exchanging 50,260 stock units.
In the preference segment of the main market, Eppley 8.75% preference shares advanced by 53 cents to end at a 52 weeks’ high of $8 while trading 10 shares.

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

Trading up market index down

The majority of prices fell on the Jamaica Stock Exchange Main Market on Tuesday. The difference between rising and declining stocks narrowed sharply from Monday’s levels but still lagged behind the losing stocks as the volume passing through the market increased 47 percent, with the value jumping 370 percent.
At the close, the All Jamaican Composite Index lost 1,959.50 points to settle at 403,412.62, the Main Index shed 1,852.03 points to close at 368,158.32 and the JSE Financial Index dipped 0.13 points to end at 95.96.
Trading ended with 44 securities changing hands compared to 47  on Monday and ended with the prices of 18 stocks rising, the prices of 20 shares declining and six remaining unchanged. The average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 33,825,327 shares for $268,427,066  compared to 23,030,074 units at $57,044,608 on Monday.
Wigton Windfarm led trading with 14.87 million shares for 44 percent of total volume followed by Sagicor Select Financial Fund with 8.83 million units for 26 percent of the day’s trade, Jamaica Broilers Group came next with 4.07 million units for 12 percent market share. Tranjamaica Highway traded 1.95 million shares and 5.8 percent of the volume and Grace Kennedy with 1.8 million units and 5.4 percent of trading.
Trading ended with an average of 768,757 units changing hands at $6,100,615 for each security, in comparison to an average of 490,004 shares at $1,214,010 on Monday. The average trade for the month to date, ended at 449,855 units at $2,394,484 for each security, in contrast to 417,892 units at $2,023,026. Trading month to date compares well, with July that ended with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments shed 80 cents to end at $55.20 in an exchange of 2,447 stock units, Berger Paints fell $1.44 to settle at $11 and finishing with 1,959 stock units changing hands, Eppley carved out a gain of 40 cents to end at $17.90 trading 12,000 units. Eppley Caribbean Property Fund climbed 60 cents in closing at $49.10 in exchanging 6,700 units, Grace Kennedy fell 51 cents to $56.49, with 1,822,315 shares passing through the market, Jamaica Broilers Group dropped $1.25 to close at $24.50 in trading>4,067,555 shares. Jamaica Stock Exchange increased 52 cents to $20.52 after 161,468 units changed hands, Key Insurance increased 62 cents in closing at $8.13 with investors switching ownership of 1,448 stock units, Kingston Properties declined by $1.09 to $6.16, with 1,826 shares changing hands. Mayberry Investments advanced by 75 cents in closing at $5.85, with 36,930 units passing through the market, MPC Caribbean Clean Energy lost $10.99 to close at $152.01 after exchanging 123 stock units, NCB Financial Group declined by $7.50 to close at $131 and finishing with 199,286 stock units crossing the exchange. Palace Amusement rose 50 cents to close at $1,552 after clearing the market with 19 units, PanJam Investment climbed $2 to close at $72 with investors swapping 3,804 stocks, Proven Investments rose $2.04 to close at $35.94 and finishing trading of 18,376  shares. Salada Foods carved out a gain of $1 to settle at $29 with investors swapping 50 units, Scotia Group rose $1 to end at $46, with 1,660 stock units changing hands, Seprod carved out a gain of $1 to settle at $55 in trading 16,225 stock units. Stanley Motta fell 33 cents in finishing at $4.80 trading 1,000 stocks and Sygnus Credit Investments lost 39 cents to end at $15.50, with 22,258 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main market closes higher on Monday

Seventy-five percent fewer shares traded on the Jamaica Stock Exchange Main Market on Monday than on Friday, but the market closed higher even as more stocks fell than those rising. 
At the close, the All Jamaican Composite Index climbed 1,190.14 points to settle at 405,372.12; the Main Index rose 1,139.72 points to end at 370,010.35, the JSE Financial Index rose 0.39 points to settle at 96.09.
Trading ended with 47 securities changing hands compared to 44 securities on Friday and ended with the prices of 13 stocks rising, 21 stocks declining, with 13 remaining unchanged. The average PE Ratio of the market ended at 15.4 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 23,030,074 shares for $57,044,608 compared to 20,605,919 units at $226,351,750 on Friday. Wigton Windfarm led trading with 18.64 million shares for 81 percent of total volume followed by Transjamaican Highway with 1.16 million units for 5 percent of the day’s trade and Sagicor Select Financial Fund with 1.09 million units for 4.8 percent market share.
Trading ended with an average of 490,004 units changing hands for $1,214,010on Monday, in comparison to an average of 468,316 shares at $5,144,358 on Friday. The average trade for the month to date ended at 417,892 units at $2,023,026 for each security, in contrast to 409,246 units at $2,120,026. Trading for the month to date compares well, with July’s average trade of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close of the market, Eppley Caribbean Property Fund lost 60 cents to settle at $48.50, with 17,041 shares crossing the market, First Rock Capital gained 74 cents in closing at $13 and trading 3,660 stocks, JMMB Group shed 81 cents to close at $30.34, with 162,375 units changing hands. Key Insurance  declined 48 cents in closing at $7.51 after 8,181 shares crossed the exchange. Kingston Properties shed 35 cents to settle at $7.25 with investors switching ownership of 412 units, Kingston Wharves climbed 50 cents to end at $53.80, with 8,650 units changing hands, Mayberry Investments lost 30 cents to finish at $5.10 after 15,770 shares crossed the market.  Mayberry Jamaican Equities lost 65 cents to end at $8.10 with an exchange of 7,945  shares, MPC Caribbean Clean Energy climbed  $11 to $163 in trading just one share, Palace Amusement dropped $138.50 to $1,551.50, with nine units crossing the market. PanJam Investment lost $2 to end at $70 trading 3,160 units, Portland JSX advanced by 38 cents to close at $7.88 with an exchange of 9,700 stocks, Salada Foods rose $3 to $28 in trading 13,594 stock units. Scotia Group gained 95 cents in ending at $45 while exchanging 11,930 stock units and Seprod lost 99 cents to end at $54 and crossing the exchange with 26,126 stocks.
In the preference segment, Eppley 8.25% shed $1.05 to close at $7.45, while trading 1,020 stock units and 138 Student Living Preference share, gained 90 cents, in closing at a 52 weeks’ high of $6.88 after investors switched the ownership of 200 shares.

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

JSE main market rises

The Jamaica Stock Exchange Main Market ended trading on Thursday with the market rising after the volume passing through the market was six-times the total number of shares traded on Wednesday but at just 25 percent of the value.
At the close, the All Jamaican Composite Index climbed 3,382.20 points to settle at 403,348.27, the Main Index increased 3,121.52 points to 368,097.96, the JSE Financial Index advanced by 1.59 points to end at 95.65.
Trading ended with 43 securities changing hands compared to 45  securities on Wednesday and ended with the prices of 13 stocks rising, the prices of 22 declining and eight remaining unchanged and the average PE Ratio of the market ended at 15.4 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 39,119,819 shares for $135,564,924, compared to 6,840,001 units at $53,958,145 on Wednesday.
Trading was led by Sagicor Select Manufacturing & Distribution Fund, with 16.65 million shares, for 42.6 percent of total volume, followed by Wigton Windfarm with 15.4 million units for 39.3 percent of the day’s trade and Pulse Investments with 1.38 million units for 3.5 percent market share. Transjamaican Highway was the only other stock to exceed a million shares and ended with 1.1 million units changing hands.
Trading ended with an average of 909,763 units changing hands for the day at $3,152,673  for each security, in comparison to an average of 152,000 shares at $1,199,070  on Wednesday. The average trade for the month to date ended at 401,777   units at  $1,737,639 for each security, in contrast to 330,159 units at $1,538,143 on Wednesday. Trading month to date compares well to July with an average of  374,929 units at $2,445,605 (392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments carved out a loss $2.50 to close at $56 in exchanging 27,472 shares, Caribbean Cement fell $2.39 to $42, with 636,763 shares clearing the market, Eppley Caribbean Property Fund lost $3 to end at $47 in exchanging 1,004 stock units.  First Rock Capital fell 52 cents to $12.99 with investors switching ownership of 16,615 units, JMMB Group shed $1 to settle at $30 crossing with 517,552 shares changing hands, Key Insurance carved out a loss 43 cents to end at $7.07 in finishing at 2,232 shares. Kingston Wharves climbed 50 cents to $53, with just 2,071 units passing through the market, Mayberry Investments carved out a loss 75 cents to settle at $5.15 in an exchange of 19,239 shares, Mayberry Jamaican Equities dropped by 45 cents to close at $8.75 with investors wapping 152,360 units. NCB Financial climbed $7.88 trading 65,722 stock units at $137.90, PanJam Investment rose $1.75 to end at $68.50, with 11,860 shares changing hands,  Proven Investments dropped $1.90 in ending at $33.80, with 2,500 stocks passing through the market.  Sagicor Group increased by $4 to close at $44 in exchanging 682,448 stocks, Salada Foods shed $2 to settle at $25 after exchanging 42,000 units, Scotia Group dropped $1.73 to end at $46 in an exchange of 3,707 stocks. Seprod lost $2.24 to close at $54 in an exchange of 16,518 stocks,  Stanley Motta rose 38 cents to settle at $5.13 with investors switching ownership of 37 shares,  Supreme Ventures lost 65 cents to end at $14.50 with investors trading 152,771 shares. Victoria Mutual  Investments declined by 37 cents to $6.57 with 69,669 stock units changing hands and Wisynco Group gained 58 cents to end at $17.79, with 11,650 stocks clearing the market.

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

Main Market falls could rise Thursday

The Jamaica Stock Exchange Main Market dropped at the end of trading on Wednesday, with more stocks falling than rising after investors traded 62 percent fewer shares than on Tuesday.
At the close, the All Jamaican Composite Index fell 2,977.80 points to settle at 399,966.07, the Main Index dropped by 2,833.33 points to end at 364,976.44 and the JSE Financial Index carved out a loss 0.77 points to close at 94.06.
Trading ended with 45 securities changing hands compared to 41 securities on Tuesday and ended with the prices of 17 stocks rising, 22 securities declining and six remaining unchanged and the average PE Ratio of the market ending at 15.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 6,840,001 shares for $53,958,145 compared to 11,040,481 units at $46,318,943 on Tuesday. Wigton Windfarm led trading with 2.07 million shares for 30.3 percent of total volume, followed by Transjamaican Highway with 1.78 million units for 26 percent of the day’s trade and Sagicor Select Financial Fund with 1.44 million units for 21 percent market share.
Trading ended with an average of 152,000 units changing hands, for the day at $1,199,070 for each security, in comparison to an average of 269,280 shares at $1,129,730 on Tuesday. For the month to date, the average trade is 330,159 units at $1,538,143 for each security that traded, in contrast to 360,995 units at $1,596,828 to Tuesday. Trading for the month to date compares well to July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments dropped 39 cents to end at $58.50 with investors switching ownership of 17,506 shares, Berger Paints shed 35 cents to settle at $11.15 with an exchange of 9,702 stock units, Eppley Caribbean Property Fund increased $3 to a record closing high of $50 in exchange of 97,900 units. Jamaica Producers Group shed $1.80 to settle at $22 with investors switching ownership of 81,806 stocks, Jamaica Stock Exchange shed $1.40 to close at $20.60 crossing the market 74,227 shares. Key Insurance carved out a gain of 50 cents ending at $7.50 with investors swapping 1,135 units, Kingston Properties increased 57 cents to $7.60 after exchanging ten units. Kingston Wharves declined by $1.30 to close at $52.50 passing through the market 7,089 stock units, MPC Caribbean Energy declined by $19.85 to settle at $150 in trading 770 stock units, NCB Financial fell by $6.98 in closing at $130.02, with 222,268 shares passing through the market. Proven Investments increased 30 cents to settle at $35.70 in an exchange of 27,348 shares, Sagicor Group advanced by 90 cents in ending at $40 after trading 52,290 units, Salada Foods dropped by $1 to end at $27 in an exchange of 1,000 shares. Seprod advanced by $1.24 to close at $56.24 after trading 5,507 stocks, Sygnus Credit Investments shed 31 cents to close at $15.99 with 7,381 stocks changing hands and Wisynco Group shed 67 cents to end at $17.21 with investors swapping 82,451 units.
In the preference segment of the main market, Eppley 8.25% fell 62 cents to close at $8.50 and clearing the market with 58 units and JMMB Group 7.25% carved out a loss 30 cents to close at $1.20 with an exchange of 942 shares.

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

JSE Main Market slips again

The Jamaica Stock Exchange Main Market ended trading on Friday with the market declining for a third consecutive trading day after more stocks rose than fell after the market activity, resulted in a 61 percent increase in shares changing hands than on Wednesday.
At the close, the All Jamaican Composite Index declined 714.74 points to close at 404,150.40, the Main Index shed 703.29 points to settle at 368,853.34 and JSE Financial Index fell 0.43 points to end at 95.34.
Trading ended with 44 securities changing hands with the prices of 21  stocks rising, the prices of 16 declining and seven remaining unchanged and the average PE Ratio of the market ended at 15.4 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 12,279,679 shares for $35,735,006  compared to 7,635,914 units at $44,926,751  on Wednesday. Transjamaican Highway led trading with 6.28 million shares for 51 percent of total volume, followed by Wigton Windfarm with 2.11 million units for 17.2 percent of the day’s trade. Newly listed Community & Workers Credit Union Preference share traded with 1.32 million units for 10.7 percent market share and Ciboney Group was the only other stock to exceed a million shares to end with 1.07 million units changing hands.
The average trade for the day was 279,084 units at $812,159 for each security, in comparison to 173,544 shares at $1,021,063 on Wednesday. An average of 394,720 units traded for the month to date at $1,810,039 for each security that traded, in contrast to 432,976 units at $2,140,165. Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments gained $3.85 to end at $57.85, with an exchange of 935 units, Caribbean Cement fell $3.90 to $42 with investors switching ownership of 12,887 units, Eppley Caribbean Property Fund shed $3.82 in ending at $46.18, with 52,321 stocks crossing the exchange. First Rock Capital fell 79 cents after closing at $14.01 and clearing the market with 21,629 stock units, Jamaica Producers Group lost $1 to close at $22.75 after exchanging 6,400 stocks. Jamaica Stock Exchange gained $1 to close at $23 trading 1,000 stock units, Key Insurance dropped 45 cents to end at $8.50, with 33,481 shares crossing the market, Kingston Wharves gained $1 to end at $51, with 3,270 stocks changing hands. Mayberry Investments climbed 90 cents to close at $5.90 with an exchange of 300 shares,  Mayberry Jamaican Equities advanced by 44 cents to end at $9.19 with investors switching ownership of 10,750 units, Palace Amusement rose $11 to close at $1561, with nine units clearing the market. PanJam Investment shed $1 to close at $68 trading 6,594 stocks, Proven Investments carved out a gain of $1.05 to finish at $34.95 with investors switching ownership of 4,371 stock units, Sagicor Group dropped 50 cents to close at $42 with investors exchanging 33,395 stocks. Sagicor Real Estate Fund gained $1.02 to end at $8.88 while exchanging 110 stock units, Seprod gained 96 cents to settle at $56.96, with 36,600 shares crossing the exchange and Wisynco Group advanced 50 cents to $17.60 with investors wapping 85,689 stock units.
In the preference segment of the main market, Eppley 8.25% advanced $1.04 to close at a 52 weeks’ high of $7.94, with 100 stock units changing hands.

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

 

Second day of losses for JSE majors

The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market declining for a second day after more stocks fell than rose and investors exchanged 82 percent fewer shares than and 30 percent of the value of Tuesday’s amounts.
At the close, the All Jamaican Composite Index dropped 2,905.64 points to close at 404,865.14, the Main Index shed 2,630.02 points to settle at 369,556.63 and the JSE Financial Index 1.24 points to close at 95.77.
Trading ended with 44 securities changing hands, the same as Tuesday, with the prices of 18 stocks rising, the prices of 20 declining and six remaining unchanged and the average PE Ratio of the market ended at 15.4 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 7,635,914 shares for $44,926,751 compared to 41,738,542 units at $151,520,182 on Tuesday.
Sagicor Select Financial Fund and Wigton Windfarm led trading with 1.70 million shares and 22 percent of total volume each, followed by QWI Investments with 1.40 million units for 18.4 percent market share. Transjamaican Highway was the only other stock to exceed a million shares and ended with 1.01 million units changing hands.
An average of 173,544 units traded for the day at $1,021,063 for each security, in comparison to an average of 948,603 shares at $3,443,641 on Tuesday. An average of 432,976 units traded for the month to date at $2,232,352 for each security that traded, in contrast to 561,234 units at $2,693,430. Trading month to date compares well to July that ended with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 9 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments shed $3.80 in ending at $54 while exchanging 13,432 shares, Caribbean Cement gained $2 to settle at $45.90, with 7,733 stocks passing through the market, Eppley Caribbean Property Fund rose $1.05 and closed at a 52 weeks’ high of $50, with investors switching ownership of 1,090 units. First Rock Capital carved out a gain of 81 cents to settle at $14.80 after finishing with 123,805 stock units changing hands, Jamaica Producers Group increased $1.75 to settle at $23.75, with 12,456 units passing through the market. Jamaica Stock Exchange carved out a loss $1 in ending at $22, with 6,985 shares passing through the market, Key Insurance rose 35 cents in ending at $8.95 with investors switching ownership of 92,094 shares, Kingston Wharves carved out a loss $3.50, with $50 569 units passing through the market. Mayberry Investments lost 99 cents to close at $5 trading 104,727 stocks, Mayberry Jamaican Equities lost 55 cents to end at $8.75 in trading 51,450 units, Palace Amusement dropped by $232.50 to end at $1,550 while exchanging 172 shares. PanJam Investment gained $3 to sit at $69, with 2,258 shares crossing the exchange, Sagicor Group carved out a loss $1.45 to close at $42.50, after 111,287 units changed hands, Scotia Group fell $3.95 to $44.05 in an exchange of 25,815 shares and Sygnus Credit Investments declined by 50 cents to settle at $16 while exchanging 9,658 stock units.
Community & Workers Credit Union preference share jumped 59 cents to close at a record closing high of an incredible $3.10 after exchanging 123,000 stock units and closed with a dividend yield of just two percent.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.