Bears halt another big move

Bulls made a gallant attempt to push the Jamaica Stock Exchange Main Market up another 3,000 plus points on Thursday, following Wednesday’s healthy rise, but the early gains were whittled away as market activity ended, with just a few hundred points rise in the indices at the close.
The All Jamaican Composite Index advanced 375.09 points to 435,762.21, the JSE Main Index rose 322.43 points to 397,006.85, and the JSE Financial Index gained 0.36 points to end at 99.98.
Trading ended with 45 securities, down from 47 on Wednesday with prices of 19rising, 12 declining and 14 remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 15.3.
The market closed with 36 percent more shares traded with a value that was 527 percent greater than on Wednesday, resulting from 13,523,122 shares trading for $248,266,043, up from 9,910,014 units at $39,590,810 on Wednesday. Jamaica Producers led trading with 44.9 percent of total volume for 6.07 million shares, followed by Transjamaican Highway with 15 percent for 2.03 million units, Wigton Windfarm accounted for 14.7 percent with 1.99 million units and Caribbean Cement with 7.9 percent for an exchange of 1.07 million units.
Trading averaged 300,514 units at $5,517,023, compared to an average of 210,851 shares at $842,358 on Wednesday. Month to date trading averages 231,680 units at $1,486,157, in contrast to 223,508 units at $1,007,558 on Wednesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Caribbean Cement declined $2.50 in closing at $69.50 after an exchange of 1,065,806 shares, Eppley Caribbean Property Fund dropped $3.85 to $40.54, with 210 units changing hands, Jamaica Producers advanced $1.25 to a 52 weeks’ high of $25.25 in trading 6,066,805 shares. The gain follows the announcement that the company is acquiring 50 percent shares in the UK based shipping line, Geest Line Limited. Key Insurance picked up 38 cents to end at $5.96 in a transfer of 80,438 units, Mayberry Investments lost 20 cents to close at $5.15 in trading 18,224 stocks, Palace Amusement dropped $55 in ending at $740 with the swapping of 51 shares. PanJam Investment shed 49 cents to close at $62 in an exchange of 169,406 stock units, Proven Investments rose 71 cents to $36.70 trading 24,702 stocks. Sagicor Group fell 60 cents to finish at $50 after 9,782 shares crossed the exchange.

Salada Foods gained 35 cents ending at $5.20 with an exchange of 5,775 stock units, Scotia Group closed 54 cents higher at $41.99 with the swapping of 2,624 shares, Seprod rose 50 cents to close at $75.50, trading 9,402 units and Supreme Ventures gained 49 cents and ended at $15.51 in the transfer of 52,263 shares.

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

JSE majors bounce

The number of securities trading remains elevated as the market index ended higher at the close of market activity on Tuesday, but with a 51 percent fall in the volume of stocks trading at a 31 percent higher value than on Monday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 1,001.85 points to 431,748.90, the JSE Main Index rose 718.11 points to 393,367.57 and the JSE Financial Index gained 0.36 points to settle at 98.83.
Trading ended with 50 securities, up from 48 on Monday and closed with prices of 17 stocks rising, 17 declining and 16 remaining unchanged. The PE Ratio averages 15.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 9,823,398 shares traded for $63,848,406 compared to 20,114,270 units at $48,738,713 on Monday. Transjamaican Highway led trading with 27.9 percent of total volume for 2.74 million shares, followed by Wigton Windfarm with 21.3 percent and 2.09 million units and Jamaica Broilers 8.1 percent with 799,061 units trading.
Trading on Tuesday averaged 196,468 units at $1,276,968, compared to 419,047 shares at $1,015,390 on Monday. Month to date averages 225,299 units at $1,030,945, versus 230,411 units at $987,324 on Monday. March closed with an average of 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints lost 30 cents in closing at $12.01 after trading 16,258 shares, Caribbean Cement advanced $1.20 to $73.20 in an exchange of 6,029 shares, Eppley rose $1 to $31 with 409 units changing hands, Eppley Caribbean Property Fund dropped $4.05 to $40.45 after 520 shares crossed the exchange. Grace Kennedy gained 30 cents to close at $87.50 trading 27,043 stocks, Jamaica Broilers rose $1 to $29.50 with an exchange of 799,061 stock units, Jamaica Producers fell 60 cents to finish at $20.70 in the swapping of 88,069 shares. Jamaica Stock Exchange declined $1 to $17 after the trading of 100,679 stock units, JMMB Group lost 19 cents to close at $31.76 in switching ownership of 67,567 shares, Key Insurance rose 35 cents to $5.90 in exchanging 43,833 units. Margaritaville declined $2 to end at a 52 weeks’ low of $31 with a transfer of 1,000 units, Mayberry Investments gained 25 cents to close at $5.35 with 5,776 shares clearing the market, Mayberry Jamaican Equities rose 61 cents to $7.79 in exchanging 381 stock units. MPC Caribbean Clean Energy declined $1 to end at a 52 weeks’ low of $128 in switching ownership of 199 units, NCB Financial Group climbed $2.98 to $139.99 trading 19,240 stock units, Proven Investments shed 50 cents to close at $35 in the swapping of 42,727 shares. Sagicor Group climbed $2.30 to $50, trading 18,739 units, Scotia Group advanced $1.01 to $41.01 with the transfer of 13,932 stock units. Seprod gained $1 to settle at $74.50 trading 20,144 stocks, Supreme Ventures fell $1 to $15.10 with 135,475 units changing hands and Victoria Mutual Investments ended 30 cents lower at $5.30 with 266,003 shares crossing the market.
In the preference segment, Eppley 8.25% lost 15 cents to close at $6.10 with 3,039 stock units clearing the market and JMMB Group 7.25% rose 32 cents to end at a 52 weeks’ high of $2.46 in exchange of 100 units.

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

Falling stocks day

Market activity recorded a big bounce on Monday, from Friday’s very low level of trading and ended with the volume of stocks traded surging 121 percent and the value up 436 percent over Friday’s tepid levels, with more stocks falling than rising, at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index declined 1,972.70 points to 430,747.05, the Main Index shed 1,779.46 points to 392,649.46 and the JSE Financial Index slipped 0.32 points to 98.47.
Trading ended with 48 securities, down from 49 on Friday and closed with prices of 11 stocks rising, 23 declining and 14 remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 15.4.
The market closed with 20,114,270 shares trading for $48,738,713, up from 3,755,183 units at $22,081,750 on Friday. Wigton Windfarm dominated trading with 72.1 percent of total volume for 14.50 million shares followed by Sagicor Select Financial Fund with 8.6 percent for 1.72 million units and Salada Foods with 3.8 percent market share for 765,951 units.
Trading averaged 419,047 units at $1,015,390, compared to 76,636 shares at $450,648 on Friday. Month to date trading averaged 230,411 units at $987,324, in contrast to 191,717 units at $981,567 on Friday. Trading month to date compares to 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has 10 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 50 cents to $86.50 with 8,094 shares changing hands, Berger Paints fell 88 cents to close at $12.31 in the swapping of 5 shares, Caribbean Cement gained 38 cents to end at $72 with a transfer of 9,741 stocks. Carreras lost 20 cents to finish at $8.80, with 188,295 units clearing the market, Eppley dropped $4.09 to end at $30 after exchanging 160 shares. First Rock Capital rose 54 cents to $16.55 with 1,002 stock units crossing the market, Grace Kennedy shed 70 cents to close at $87.20 in exchanging 25,206 stock units, Jamaica Broilers declined 50 cents to $28.50 with investors switching ownership of 44,922 units. Jamaica Stock Exchange dipped 49 cents to $18 trading 1,565 shares, Mayberry Jamaican Equities finished 62 cents lower at $7.18 after exchanging 9,100 units, MPC Caribbean Clean Energy fell $1 to a 52 weeks’ low of $129 after a transfer of two units, Palace Amusement climbed $16.01 to $814 with an exchange of 193 stocks. Proven Investments gained 50 cents to end at $35.50 with 4,266 shares clearing the market, Sagicor Group declined $2.30 to end at $47.70 in trading 24,000 stock units, Salada Foods fell 20 cents to $5 with 765,951 units changing hands. Scotia Group fell 70 cents to $40 in switching ownership of 48,277 shares, Supreme Ventures rose 60 cents to $16.10 in the swapping of 17,031 units and Wisynco Group lost 60 cents to close at $15 trading 102,762 stock units.
In the preference segment, JMMB Group 7.25% gained 14 cents to close at $1.59 after an exchange of 8,442 stocks.

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

Main Market slips into the weekend

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Trading ended with the market declining on the shortened Friday session with the market closing after just two hours of activity in keeping with scheduled early closure, which led to sharply reduced activity rising of 55 percent fewer shares with a value that was 49 percent less than on Thursday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 280.81 points to settle at 432,719.75, the JSE Main Index lost 93.85 points to 394,428.92 and the JSE Financial Index lost 0.41 points to end at 98.79.
Overall 49 securities traded versus 48 on Thursday with 16 rising, 15 declining and 18 ending unchanged. The PE Ratio averages 15.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 3,755,183 shares traded for $22,081,750 compared to 8,394,618 units at $43,010,092 on Thursday. Wigton Windfarm led trading with 40.3 percent of total volume for 1.51 million shares, followed by Key Insurance 10.8 percent, with 407,418 units and Transjamaican Highway with 8.3 percent for 311,804 units.
Trading averaged 76,636 units at $450,648, compared to 174,888 shares at $896,044 on Thursday. Trading month to date averaged 191,717 units at $981,567, in contrast to 222,197 units at $1,122,189 on Thursday. Trading month to date compares adversely to March with an average of 354,107 units at $2,572,127.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Berger Paints advanced 89 cents to finish at $13.19 with 100 shares traded, Caribbean Cement dropped $2.36 to $71.62 with a transfer of 833 units, Eppley Caribbean Property Fund jumped $4.11 to $44.50 with an exchange of 100 stocks. Jamaica Broilers fell 30 cents to $29 with investors switching ownership of 65,501 shares, Jamaica Producers declined by 70 cents to settle at $21.30 with 100 units changing hands, Jamaica Stock Exchange climbed $1.19 to $18.49 with 1,250 stocks traded. JMMB Group dropped 85 cents to $31.85 with 17,666 shares changing hands, Margaritaville rose $1 to $33, with a transfer of 100 units, Mayberry Investments lost 37 cents to end at $5.10 with an exchange of 55,300 stocks. Proven Investments fell 94 cents to $35 with 82 shares passing through the market, Sagicor Group declined by $1 to close at $50 with 13,238 units changing hands, Seprod climbed $1.40 to $73.50 with 5,127 shares traded. Supreme Ventures fell 60 cents to $15.50 with a transfer of 291,969 stocks and Wisynco Group gained 43 cents to finish at $15.60 with 36,182 units crossing the exchange.
In the preference segment, JMMB Group 7.25% lost 15 cents to close at $1.45 with 474 shares changing hands.

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

Stocks give back end of week gains

The volume and value of stocks trading on Tuesday rose 25 percent and 128 percent, respectively above Thursday’s low levels, but prices mostly pulled back after the long holiday break for Easter as the Jamaica Stock Exchange Main Market ended trading, with the market index lower.
The All Jamaican Composite Index shed 2,556.74 points to close at 433,516.90, the Main Index declined 2,363.72 points to 394,990.54 and the JSE Financial Index fell 0.60 points to settle at 99.50.
Trading ended with 48 securities, up from 41 on Thursday and closed with prices of 15 stocks rising, 23 declining and 11 remaining unchanged. The PE Ratio now averages 15.3 based on ICInsider.com’s forecast of 2021-22 earnings, compared to 19 previously based on 2021 earnings.
The market closed with 11,508,850 shares trading for $68,948,550 compared to 9,152,981 units at $30,114,273 on Thursday. Transjamaican Highway led trading with 37.8 percent of total volume after an exchange of 4.32 million shares, followed by Wigton Windfarm with 21.9 percent for 2.51 million units and QWI Investments with 5.6 percent market share for 639,635 units changing hands.
Trading averaged 239,768 units at $1,436,428, up from an average of 223,243 shares at $734,494 on Thursday. Month to date trading averaged 232,155 units at $1,113,065 in contrast to an average of 354,304 units at $2,543,232 for March.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints fell 93 cents to $12.07, trading 26,486 shares, in contrast, Caribbean Cement advanced $1.84 to $72.02 in exchanging 14,683 stock units, Carreras shed 36 cents to close at $8.54 in transferring 33,218 stocks. Eppley Caribbean Property Fund gained 39 cents to $40.39 trading 984 units, First Rock Capital dropped $1.12 to $15.48 with the swapping of 42,159 stock units, Grace Kennedy rose 50 cents to $88.50 in switching ownership of 22,371 shares, Jamaica Broilers lost 20 cents to close at $29.30 with an exchange of 34,608 units. Jamaica Producers dropped $1.95 to $20.55 with 3,386 stocks changing hands, MPC Caribbean Clean Energy dipped $10 to close at a 52 weeks’ low of $130 with an exchange of 469 stock units. NCB Financial Group ended 50 cents lower at $137 after 136,257 units cleared the market, 138 Student Living gained 21 cents to close at $5.51 trading 542 units, Palace Amusement climbed $74.35 to end at $799 in exchanging 160 stocks. Salada Foods shed 48 cents to $5.32 with an exchange of 573,683 shares, Scotia Group advanced $1.40 to $42 after transferring 301,254 stock units and Seprod fell $2 in closing at $73 in trading 16,367 units.
In the preference segment, 138 Student Living preference share rose 82 cents to $6.26 in an exchange of 50 shares and Eppley 8.75% preference share gained 41 cents in ending at $7.52 after trading 50 units.

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

Main Market climbs Thursday

The stocks market major indices rose at the close on Thursday, adding to Wednesday’s gains, but the day ended with more stocks falling than rising, after an exchange of 46 percent fewer shares valued 77 percent less than on Wednesday at the close of trading on the Stock Exchange Main Market.
At the close, the All Jamaican Composite Index jumped 3,214.49 points to 436,073.64, the JSE Main Index climbed 2,694.71 points to 397,354.26 and the JSE Financial Index gained 0.47 points to settle at 100.10.
Trading ended with 41 securities, down from 47 on Wednesday and closed with prices of 14 stocks rising, 18 declining and nine remaining unchanged. The PE Ratio averages 19 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with 9,152,981 shares trading for $30,114,273 compared to 16,826,539 units at $130,489,494 on Wednesday. Transjamaican Highway led trading with 50.9 percent of total volume in exchanging 4.66 million shares, followed by Wigton Windfarm with 29.9 percent for 2.74 million units and Salada Foods with 5.4 percent market share for 490,267 units.
Trading averaged 223,243 units at $734,494, compared to 358,011 shares at $2,776,372 on Wednesday. March closed with an average of 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments climbed $2.90 to $88 in an exchange of a mere 28 shares, Caribbean Cement advanced $2.18 to $70.18 trading 36,149 stocks, Eppley shed 67 cents to settle at $34.10 in a transfer of 410 units. Eppley Caribbean Property Fund dropped $6.50 to $40, with 1,100 shares crossing the market, Grace Kennedy lost 50 cents to finish at $88 with 23,493 units changing hands, Jamaica Broilers gained 20 cents in ending at $29.50 after ownership of 9,156 shares were switched. Jamaica Producers rose $1.98 to $22.50 in exchanging 1,005 units, Jamaica Stock Exchange closed $1.49 lower at $17.50 with the swapping of 109,253 stock units, Key Insurance gained 20 cents to end at $5.90 after trading 147,037 stocks, Kingston Wharves fell 40 cents to $43.60 in switching ownership of 2,226 units. NCB Financial declined $1.50 to $137.50 with the swapping of 8,595 stock units, Palace Amusement jumped $84.65 to $724.65 after exchanging 61 shares, PanJam Investment fell $3 to $62.50 with the transfer of 21,432 stocks. Proven Investments shed $1.30 to close at $33.70 after 1,955 stock units crossed the exchange, Sagicor Group fell 88 cents to $51 in exchanging 59,338 stocks. Salada Foods ended 95 cents lower at $5.80 with 490,267 shares changing hands, Scotia Group slid 92 cents to $40.60 trading 11,420 stock units, Seprod climbed $5.30 to settle at $75 in exchanging 28,048 units and Supreme Ventures shed 51 cents to $14.89 in the swapping of 13,785 stocks.

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

Q1 miss for JSE Main Market

Stocks ended trading on Wednesday with the market rebounding with more stocks rising than declining, after 43 percent fewer shares changed hands valued 45 percent less than on Tuesday at the close of the Jamaica Stock Exchange Main Market and ending the first quarter of the year marginally down from the year’s open.
The All Jamaican Composite Index advanced 2,324.91 points to 432,859.15, the Main Index rose 2,055.33 points to 394,659.55 and the JSE Financial Index gained 0.40 points to settle at 99.63.
Trading ended with 47 securities, up from 40 on Tuesday.  Prices of 24 stocks rose, 17 declined and six closed unchanged. The PE Ratio averages 19.3 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 16,826,539 shares trading for $130,489,494 down from 29,598,642 units at $238,503,294 on Tuesday. Transjamaican Highway led trading with 39 percent of the total volume after trading 6.56 million shares, followed by Wigton Windfarm with 15.8 percent for 2.66 million units and Sagicor Select Financial Fund with 10.7 percent of the day’s trade for 1.80 million units changing hands.
Trading for the day averaged 358,011 units at $2,776,372, sharply down from 739,966 shares at $5,962,582 on Tuesday. Trading month to date averaged 354,304 units at $2,543,232, in contrast to 354,133 units at $2,532,457 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments rose $1.10 to $85.10 in exchanging 51,693 shares, Caribbean Cement rose by $1 to $68 traing of 5,594 shares, Eppley Caribbean Property Fund shed 40 cents to finish at $46.50, with 18,951 units crossing the market. First Rock Capital lost 20 cents to close at $16.60 in transferring 37,614 stock units, Grace Kennedy rose 50 cents to $88.50 trading 23,567 stocks, Jamaica Broilers climbed $1.85 to $29.30 with the swapping of 19,357 stock units. Jamaica Producers fell $1.63 to $20.52 in exchanging 22,427 units, Jamaica Stock Exchange advanced $1.03 to $18.99 after the ownership switch of 509,339 shares, Key Insurance lost 31 cents in ending at $5.70 with the swapping of 70,568 units, Margaritaville dropped $3 in closing at a 52 weeks’ low of $32 after 600 shares crossed the market. Mayberry Investments gained 38 cents to end at $5.48 with the transfer of 200 stock units, NCB Financial declined by $1 to $139 in trading 13,620 units. 138 Student Living lost 40 cents to close at $5.30 in an exchange of 1,478 shares, Palace Amusement shed $60 to close at a 52 weeks’ low of $640 in exchanging 1,037 stock units, Pan Jam Investment gained 50 cents to close at $65.50 with 520,029 stock units changing hands. Proven Investments shed 90 cents to close at $35 with an exchange of 11,160 stocks, Sagicor Group advanced $1.89 to close at $51.88 in trading 480,479 shares, Salada Foods rose $1.30 to close at a 52 weeks’ high of $6.75 with a transfer of 13,442 stocks, Scotia Group gained 37 cents to close at $41.52 trading 46,641 units. Supreme Ventures rose 40 cents to close at $15.40 with the swapping of 180,570 stock units, Sygnus Credit Investments declined 47 cents to $14.50 trading 34,579 units, Victoria Mutual Investments advanced 44 cents to $5.89 with the swapping of 122,135 shares, Wisynco Group shed 34 cents to close at $15.11 in exchanging 62,400 shares.
In the preference segment, 138 Student Living Preference share rose $1.12 to $5.44, with 20,000 shares clearing the market.

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

Salada jumps 23% to record high

On a day of declines, Salada Foods jumped 24 percent to a new record close of $5.45 after the original stock was split into 10 units, effective for trading on Tuesday on the Jamaica Stock Exchange Main Market.

Salada Foods traded at a all-time high of $5.45 on Tuesday.

Trading ended with advancing stocks edging out those falling, with an exchange of 116 percent more shares 131 percent higher in value than on Monday on a day, but the market indices slipped at the close.
At the close, the All Jamaican Composite Index declined 1,087.36 points to 430,534.24, the JSE Main Index shed 967.71 points to 392,604.22 and the JSE Financial Index gained 0.35 points to settle at 99.23.
Trading ended with 40 securities down from 49 on Monday and closed with prices of 17 stocks rising, 15 declining and eight remaining unchanged. The PE Ratio averages 19.3 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with 29,598,642 shares trading for $238,503,294 up sharply from 13,714,211 units at $103,241,108 on Monday. Mayberry Jamaican Equities led trading with 65.5 percent of total volume for 19.38 million shares, followed by Transjamaican Highway with 10.4 percent for 3.09 million units, Supreme Ventures with 10.4 percent for 3.07 million units and Wigton Windfarm with 6.2 percent market share for 1.83 million units changing hands.
Trading averaged 739,966 units at $5,962,582, up from an average of 279,882 shares at $2,106,961 on Monday. Trading month to date averages 354,133 units at $2,532,457, up from 338,336 units at $2,392,022 on Monday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints shed 20 cents to close at $13, with 3,685 shares crossing the exchange, Caribbean Cement shed $1 to end at $67 in transferring 10,056 stocks. Eppley climbed $2.67 to close at $34.77 with the swapping of 1,417 shares. Eppley Caribbean Property Fund rose 41 cents to end at $46.90 after 38,402 units crossed the exchange, First Rock Capital advanced 80 cents to $16.80, with 15,817 stocks clearing the market, Grace Kennedy fell 50 cents to $88 with an exchange of 18,536 units. Jamaica Broilers fell $1.85 to $27.45 in trading 66,847 stocks, Jamaica Producers shed 85 cents to settle at $22.15 with the swapping of 15,257 shares, Jamaica Stock Exchange declined 99 cents to $17.96 in exchanging 800 stocks. JMMB Group rose 29 cents to $32.89 in trading 403,731 shares, Key Insurance advanced 96 cents to $6.01 with 273,287 stocks changing hands, Mayberry Investments declined 64 cents to $5.10 after 78,980 units crossed the market. NCB Financial rose $1.50 to $140 in exchanging 8,370 shares, Proven Investments gained $1.90 to $35.90 trading 53,710 stock units. Sagicor Group advanced 49 cents to $49.99 with the swapping of 7,945 units. Sagicor Real Estate Fund rose $1.11 to $8.31 after a transfer of 300 stocks, Salada Foods jumped $1.05 to a record close of $5.45, trading 41,837 stock units. Seprod shed $1.50 to close at $69.60 in an exchange of 7,052 stock units, Sygnus Credit Investments gained 37 cents in ending at $14.97 trading 90,548 units and Wisynco Group fell 25 cents to $15.45 after a transfer of 20,763 shares.

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

Another down day for JSE majors

Investors hit the bulk of prices of stocks trading and leading the market into decline, with advancing stocks vastly outnumbered by those declining on Monday after an exchange of 77 percent more shares valued 126 percent more than on Friday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index declined 1,805.24 points to 431,621.60, the JSE Main Index retreated 1,581.94 points to 393,571.93 and the JSE Financial Index lost 0.58 points to close at 98.88.
Trading ended with 49 securities compared to 45 on Friday and closed with prices of 12 stocks rising, 27 declining and 10 remaining unchanged. The PE Ratio averages 19.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 13,714,211 shares trading for $103,241,108 up from 7,739,040 units at $45,618,469 on Friday. Wigton Windfarm led trading with 24.8 percent of total volume for 3.4 million shares followed by Jamaica Stock Exchange, 22.1 percent with 3.03 million, Sagicor Select Manufacturing & Distribution Fund ended with 16.9 percent for 2.32 million units and Transjamaican Highway with 10.9 percent after 1.50 million units changed hands.
Trading for the day averaged 279,882 units at $2,106,961, down from an average of 171,979 shares at $1,013,744 on Friday. Trading month to date averaged 338,137 units at $2,423,642, in contrast to 341,423 units at $2,407,074 on Friday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints lost 30 cents to close at $13.20, with 569 stocks changing hands, Caribbean Cement climbed $3.05 to $68 in trading 2,151 shares, Eppley fell 90 cents to $32.10 in crossing the exchange with 3,457 stock units, Eppley Caribbean Property Fund rose 82 cents to $46.49 after transferring 8,634 units. First Rock Capital shed 72 cents to close at $16 after 69,545 shares crossed the market, Jamaica Producers shed 22 cents to $23 trading 14,217 stock units, JMMB Group advanced $1.10 to $32.60 in an exchange of 46,776 stocks. Key Insurance lost 23 cents at $5.05 trading 25 units, Mayberry Investments gained 24 cents to settle at $5.74 with the swapping of 17,516 stocks. NCB Financial declined $1.50 to $138.50 in an exchange of 26,177 shares, Palace Amusement climbed $20 to $700 trading 156 stock units, Pan Jam Investment fell $1 to $65 after clearing the market of 188,074 shares. Proven Investments shed 90 cents to settle at $34 in switching ownership of 64,707 stocks, Sagicor Group fell 48 cents to $49.50 with an exchange of 16,194 stocks, Sagicor Real Estate Fund declined $1.10 to end at $7.20 with the swapping of 5,522 shares. Salada Foods lost 50 to finish at $44 with 63,894 stock units crossing the market, Seprod advanced $2.10 to $71.10 with 6,110 units changing hands. Supreme Ventures lost 30 cents to end at $15 with the swapping of 47,761 shares and Wisynco Group rose 40 cents to $15.70 with an exchange of 19,151 stock units.
In the preference segment, Eppley 8.75% preference share fell 41 cents to $7.11 in exchanging 100 stocks and JMMB Group 7.25% gained 20 cents in ending at $1.45 with 15 stock units switching owners.

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

Radio Jamaica dominates Main Market

Radio Jamaica dominated trading on the main market of the Jamaica Stock Exchange on Thursday with nearly 95 million shares accounting for 87 percent of total volume on a day when the market declined marginally after the volume of shares exchanged soared 873 percent and the value rose 63 percent higher than on Wednesday. At the close, the All Jamaican Composite Index shed 48.69 points to 430,693.51, the JSE Main Index declined 53.00 points to 392,618.43 and the JSE Financial Index lost 0.09 points to settle at 98.64.
Trading ended with 48 securities, down from 51 on Wednesday and closed with prices of 21 stocks rising, 14 declining and 13 remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 108,504,798 shares trading for $315,828,525 compared to 11,146,482 units at $193,454,160 on Wednesday. Radio Jamaica led trading with 87.4 percent of total volume for 94.78 million shares, followed by Carreras with 4.7 percent for 5.09 million units, Wigton Windfarm 2.2 percent for 2.43 million units, Transjamaican Highway with 1.4 percent for 1.48 million units and Sagicor Group 1.1 percent for 1.20 million units changing hands.
Trading averaged 2,260,517 units at $6,579,761, compared to 218,558 shares at $3,793,219 on Wednesday. Trading month to date averaged 350,058 units at $2,478,082 in contrast to 240,236 units at $2,242,297 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has thirteen stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments rose 90 cents to $84 with an exchange of 117,814 shares, Caribbean Cement shed 51 cents to close at $65.50 trading 194 units, Eppley advanced $1.12 to $32.99 in the swapping of 3,486 stocks, Eppley Caribbean Property Fund finished $1.49 higher at $43.49 in an exchange of 590 units. Grace Kennedy rose 83 cents to $88.25, with 174,402 stock units crossing the market, Jamaica Broilers gained 41 cents to settle at $29.41 in transferring 14,968 shares, JMMB Group picked up 24 cents to close at $32.90 with 376,901 stocks changing hands. Key Insurance lost 32 cents at $4.98 after exchanging 33,711 units, Margaritaville fell $2 to $35, with 200 shares clearing the market, Mayberry Investments gained 31 cents to close at $5.50, with a transfer of 1,200 stock units. NCB Financial shed 49 cents to $137.52 with the swapping of 23,902 shares, 138 Student Living gained 49 cents to close at $5.99, with 16,768 stocks crossing the market, PanJam Investment rose 99 cents to $66 trading 51,313 units. Proven Investments advanced $1.50 to $35.50 in an exchange of 122,469 stock units, Sagicor Group rose $1.75 to $49.75 in exchanging 1,195,665 shares, Scotia Group ended 74 cents lower at $40.51 with the swapping of 14,908 stock units, Seprod rose $1 to $73 with 45,709 units changing hands. Sterling Investments gained 21 cents to settle at $2.91in the transfer of 24,212 stocks and Wisynco Group shed 62 cents to close at $15.38, with 28,391 stocks changing hands.
In the preference segment, JMMB Group 7.25% dropped 16 cents in closing at $1.25 in an exchange of 1,130 shares.

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