Market activity ended on Monday, with the volume of shares trading rising moderately and the value nose-diving 75 percent from Friday trades on the Jamaica Stock Exchange Main Market leading to declining stocks beating out those rising.
The All Jamaican Composite Index fell 1,704.02 points to close at 432,000.32, the Main Index fell 1,466.39 points to 390,763.90 and the JSE Financial Index slipped 0.40 points to end at 95.65.
Trading ended with 50 securities compared to 48 on Friday, with 18 rising, 23 declining and nine ending unchanged.
The PE Ratio, a formula for 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.
A total of 46,377,442 shares traded for $108,050,479 versus 40,219,894 units at $438,749,529 on Friday. QWI Investments led trading with 88.6 percent of total volume for an exchange of 41.1 million shares followed by JMMB Group with 2.4 percent for 1.1 million units and Transjamaican Highway with 2.1 percent after trading 952,806 units.
Trading averages 927,549 units at $2,161,010, compared to 837,914 shares at $9,140,615 on Friday and month to date, an average of 483,933 units at $4,995,646, compared to 427,920 units at $5,353,555 on Friday.
November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints rose 44 cents to $13.20 in trading 1,347 shares, Eppley slipped 70 cents to $35 with the transfer of 1,807 stocks, First Rock Capital fell 59 cents to $10.01 in switching ownership of 12,970 units. GraceKennedy rallied 98 cents to $98.98, with 5,974 stock units changing hands, Guardian Holdings shed 95 cents in closing at $520.05 after trading 966 stocks, Jamaica Broilers gained 35 cents in closing at $31.40 after an exchange of 1,297 units. Jamaica Stock Exchange dipped 34 cents to $18.15 with 1,418 shares changing hands, JMMB Group slipped 28 cents to $38.11 in transferring 1,097,799 shares, Kingston Wharves rose 49 cents to $43.99 in an exchange of 3 units. Mayberry Investments advanced $1.50 to end at $9 with 11,530 stocks changing hands, Mayberry Jamaican Equities rose 57 cents to finish at $9.07 in switching ownership of 900 stock units, MPC Caribbean Clean Energy fell $1 to close at $100 trading 9 units.
NCB Financial shed 90 cents to $119 with 14,714 stocks clearing the market, PanJam Investment declined $1.10 to $66.90 after an exchange of 31,304 units, Proven Investments gained 40 cents in ending at $33.90 in 16,308 shares switching owners. Sagicor Group spiked 40 cents to $52.40 in exchanging 7,501 stock units, Scotia Group shed $1.48 to close at $37 with the swapping of 135,945 stocks, Seprod popped 55 cents to end at $63.06 in transferring 19,824 shares. Stanley Motta fell 50 cents to $5 in trading 897 stock units and Sygnus Credit Investments lost 50 cents ending at $15 with 13,167 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index rallied 1,669.64 points to 433,704.34, the JSE Main Index advanced 1,283.57 points to 392,230.29 and the JSE Financial Index popped 0.45 points to end at 96.05. Trading ended with 4 securities against 50 on Thursday, with 17 rising, 18 declining and 13 trading unchanged.
Trading on Friday averaged 837,914 units at $9,140,615 versus 152,959 shares at $1,253,780 on Thursday and month to date, an average of 427,920 units at $5,353,555 compared to 371,370 units at $4,831,202 on Thursday. November closed with an average of 233,949 units at $2,695,416.
Kingston Wharves popped 50 cents after ending at $43.50 with 4,479 stocks crossing the exchange, Mayberry Investments fell 99 cents to $7.50 in an exchange of 2,325 units, Mayberry Jamaican Equities shed 51 cents to settle at $8.50 with the swapping of 1,377,094 shares. Palace Amusement dropped $30 to end at $1,000 after trading 53 units, Sagicor Group shed $1 to close at $52 with an exchange of 64,397 stock units, Scotia Group rose 58 cents to $38.48 in transferring 42,472 shares. Seprod fell 69 cents in closing at $62.51 with 26,500 stocks changing hands and Sygnus Credit Investments rallied 50 cents to end at $15.50 after trading 83,428 stock units.
Trading ended with 50 securities compared to 45 on Wednesday, with 18 rising, 16 declining leaving 16 unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.8.The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
November closed with an average of 233,949 units at $2,695,416.
Sagicor Real Estate Fund dipped 35 cents to $8.10 with 13,794 stock units changing hands, Scotia Group climbed $3.87 to $37.90 with the swapping of 87,019 stocks, Seprod declined $1.79 to close at $63.20 in an exchange of 3,064 units and Supreme Ventures fell 39 cents to $18.10 in the swapping of 185,634 shares.
Trading averages 151,742 units at $3,017,602, compared to 180,243 shares at $3,171,529 on Monday and month to date, an average of 453,032 units at $6,230,211, compared to 527,241 units at $7,021,494 on Monday. November closed with an average of 233,949 units at $2,695,416.
PanJam Investment spiked 90 cents in closing at $67.40 in switching ownership of 4,793 units, Proven Investments declined 34 cents to close at $33.16 in trading 11,958 shares, Sagicor Group advanced 63 cents to $52.49, with 4,085 stock units crossing the market. Seprod rallied $1.61 in closing at $65 while exchanging 45,460 stock units, Supreme Ventures lost 40 cents to end at $17.30 after exchanging 22,066 stocks and Wisynco Group fell 26 cents to $16.04 after trading 44,039 shares.
The All Jamaican Composite Index declined 1,914.65 points to 429,231.19, the JSE Main Index dropped 1,558.17 points to end at 388,388.22 and the JSE Financial Index lost 0.42 points to close at 95.01.
Trading averages 180,243 units at $3,171,529, versus 143,919 shares at $1,980,34 on Friday and for the month to date, trading averages 527,241 units at $7,021,494, compared to 640,639 units at $8,279,653 on Friday. November closed with an average of 233,949 units at $2,695,416.
NCB Financial shed $1.59 in closing at $121.21 with a transfer of 24,421 shares, 138 Student Living rallied $1.10 to $4.60, with 1,693 shares crossing the market, PanJam Investment fell $1.50 to $66.50 in an exchange of 78,298 units. Sagicor Group lost 54 cents to end at $51.86 in switching ownership of 1,587 stocks, Salada Foods shed 47 cents to finish at $6.03 with 31,500 stock units clearing the market, Scotia Group gained 50 cents after ending at $35.50 with 133,126 units changing hands and Supreme Ventures shed 30 cents to close at $17.70 with the swapping of 505 shares.
The All Jamaican Composite Index clawed back 39 percent of Thursday’s loss by jumping 3,101.27 points to 431,145.84, the JSE Main Index advanced 1,523.01 points, pulling back 23 percent of Thursday’s fall to close at 389,946.39 and the JSE Financial Index fell 0.40 points to finish at 95.43.
Trading averages 143,919 units at $1,980,349, versus 1,698,810 shares at $22,627,974 on Thursday and month to date, an average of 640,639 units at $8,279,653, down from 896,377 units at $11,522,859 on Thursday. November closed with an average of 233,949 units at $2,695,416.
NCB Financial advanced $1.80 in closing at $122.80 with 26,559 stocks changing hands, Proven Investments dipped 30 cents to close at $33.50 in trading 7,122 stock units, Scotia Group fell $2 to $35 with the swapping of 97,734 stocks and Seprod lost 61 cents after ending at $63.39 in switching ownership of 8,854 shares.
The All Jamaican Composite Index fell 1,704.80 points to 435,963.59, the JSE Main Index dived 2,729.98 points to 395,100.69 and the JSE Financial Index shed 1.43 points to end at 96.85.
Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
Scotia Group spiked 75 cents to end at $38.50 with 36,434 units crossing the market, Seprod popped 31 cents to $63.51 in switching ownership of 7,381 shares, Supreme Ventures rallied 49 cents in closing at $17.99 and trading 16,389 stocks. Sygnus Credit Investments popped 59 cents to $15.79 in transferring 60,631 stock units, Sygnus Real Estate Finance shed 51 cents to close at $15.50 in trading 2,224 units and Wisynco Group dipped 43 cents to $16.50 with the swapping of 80,624 stocks.
Market activity ended on Tuesday with robust gains for the Jamaica Stock Exchange Main Market. The All Jamaican Composite Index jumped by 4,559.46 points to 437,668.39, just over 7,000 points below the close for October. The JSE Main Index surged 5,036.25 points to 397,830.67 and the JSE Financial Index rose 1.80 points to 98.28. The volume of stocks trading slipped at the close on Tuesday with the market ending, with rising stocks exceeding those decliners 2 to 1.
Trading on hauled out 7,613,507 shares for $134,588,814 in contrast to 10,513,011 units at $104,608,393 on Monday. Transjamaican Highway led trading with 21.2 percent of total volume after transferring 1.62 million shares, followed by Jamaica Broilers with 14.3 percent and 1.09 million units and Wigton Windfarm 10 percent with an exchange of 762,810 units.
JMMB Group popped 35 cents to close at $38.40 with 102,208 shares changing hands, Margaritaville fell $5 in closing at $16 with one stock unit crossing the market, PanJam Investment popped $9.21 to $73.76 in an exchange of 823 units. Sagicor Group shed $2 to close at $53 in transferring 533,923 stock units and Scotia Group gained 30 cents in ending at $37.75 with 3,505 stocks changing hands, Supreme Ventures rallied 19 cents in closing at $17.50 in switching ownership of 195,825 shares and Wisynco Group increased 22 cents to $16.93 trading 123,466 units.
At the close, Barita Investments shed $1.44 to close at $90.70 with 7,999 stock units changing hands, Caribbean Cement declined $3.40 to $83.10, with 129,631 units clearing the market. Eppley Caribbean Property Fund advanced $4 to $38 in trading 98,020 stocks, Guardian Holdings spiked $20 to $540 with a transfer of 14 shares, Jamaica Broilers slipped 75 cents to end at $28.70 in exchanging 114,430 stock units. Jamaica Producers shed $1.69 to end at $22.26 with the swapping of 4,944 units, Jamaica Stock Exchange rallied 50 cents in closing at $17.50 with an exchange of 14,469 stocks, Mayberry Investments lost 45 cents to close at $7.55 with 66,400 stock units crossing the exchange. NCB Financial rose $1.64 to $120.94 in switching ownership of 49,909 stocks, 138 Student Living fell $1.58 in closing at $3.11 in exchanging 4,743 shares, Palace Amusement dropped $73 to $957 with 130 units crossing the market, PanJam Investment declined $8.45 to close at $64.55 in transferring 16,213 shares. Portland JSX spiked $1 in closing at $7.70 with the swapping of 797 stock units, Proven Investments lost 40 cents after ending at $33.40, with 2,064 stocks crossing the market, Sagicor Group popped $2.30 to end at $55 in an exchange of 486,386 units.
Salada Foods dipped 40 cents to $6.50 with 19,775 shares changing hands, Scotia Group lost 52 cents to $37.45 in trading 27,687 units, Seprod shed 80 cents to end at $63.20 in switching ownership of 13 shares. Supreme Ventures fell 49 cents to $17.31 in an exchange of 8,575 stock units, Sygnus Credit Investments dipped 46 cents to close at $15.04 after clearing the market with 58,031 stocks and Wisynco Group lost 29 cents to $16.71 with 93,881 shares changing hands.
The All Jamaican Composite Index advanced 515.13 points to 432,465.86, the JSE Main Index rose 415.79 points to 391,220.36 and the JSE Financial Index gained 0.63 points to end at 95.60.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and five with lower offers.
PanJam Investment advanced $9.70 to finish at $73 with a transfer of 11,523 shares, Proven Investments popped 50 cents to close at $33.80 with 3,356 units changing hands, Scotia Group spiked $3.47 to $37.97 in switching ownership of 577,189 stocks. Seprod popped 80 cents to $64 in exchanging 34,014 stock units, Stanley Motta lost 35 cents to end at $5.25 with 19,955 shares crossing the market, Sygnus Credit Investments shed 49 cents to close at $15.50 with the swapping of 42,632 units and Wisynco Group rose 40 cents to $17 with a transfer of 94,656 stocks.