Mayberry Investments

JSE Main Market closes down

May 15, 2020 by IC Insider.com

JSE Main Market closes down on at the close on Friday as declining stocks beat out advancing ones almost two to one, leaving the JSE All Jamaican Composite Index down 2,215.55 points to close at 411,473.46.
The JSE Market Index lost 2,003.95 points to end at 375,066.49, the JSE Financial Index inched 1.04 points lower to 100.42 and the PE ratio of the market ended at 14.1, while the Main Market ended at 14.4 times 2020-21 earnings.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 11 stocks advancing, 20 declining and 16 securities trading firm. The JSE Main Market activity ended with 41 securities accounting for 24,395,591 units valued at $156,997,429, in contrast to 12,358,723 units valued at $97,621,587 from 43 securities on Thursday.
Trans Jamaican Highway led trading with 13.1 million shares for 53.7 percent of total volume followed by Sagicor Select Financial Fund with 3.5 million units for 14.4 percent of the day’s trade and Wigton Windfarm with 3.2 million units for 13.3 percent market share.
The market closed with an average of 595,014 units priced at $3,829,206 for each security traded, in contrast to 287,412 units valued at an average of $2,270,269 on Thursday. The average volume and value for the month to date amount to 344,979 units valued at $2,844,401 for each security changing hands, compared to 322,299 units with an average of $2,746,160. 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, Berger Paints gained 50 cents to close at $14 trading 125 units, Eppley added 75 cents to end at $14.25, in transferring 5,926 units, First Rock Capital closed at $10.50, with a loss of 80 cents after ownership 22,700 stock units changed. Jamaica Broilers dropped $1 to $24, after trading 71,423 shares, Jamaica Stock Exchange finished 50 cents lower at $19, with 12,053 units changing hands, Key Insurance lost 80 cents transferring 148,234 shares to finish at $7.60. Mayberry Jamaican Equities closed 46 cents lower at $8.99, with an exchange of 16,066 units, MPC Caribbean Clean Energy declined by $1 to $175 after trading 1,000 units, NCB Financial closed at $150, with gains of $1 in swapping 82,819 shares. 138 Student Living added 80 cents to reach $8.80, after exchanging 43,495 stock units, PanJam Investment declined by $4 to settle at $76, in transferring 126,313 shares, Sagicor Real Estate Fund gained 45 cents trading 1,905 units at $7.95. Salada Foods dropped $3.50 to $25, in exchanging 8,263 units, Scotia Group shed $5.38 to close at $42.02, with 85,576 shares crossing the exchange, Seprod closed 49 cents higher at $49.99 after transferring 4,857 units and Sygnus Credit Investments shed 79 cents to end at $18.60, with 27,602 stock units changing hands.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market continues to rebound

May 14, 2020 by IC Insider.com

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

First JSE Main Market fall in 7 days

May 13, 2020 by IC Insider.com

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main market rolls on up

May 12, 2020 by IC Insider.com

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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.

Filed Under: JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Productive Business Solution, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Main Market pushes higher on Monday

May 11, 2020 by IC Insider.com

The Main Market of the Jamaica Stock Exchange closed higher for the fifth consecutive days, but investors failed to push the majority of stocks with price changes, higher at the close.
The market closed with 48 securities changing hands in the Main and US dollar markets with prices of 14 stocks rising, 17 declining and 17 securities trading unchanged. The JSE All Jamaican Composite Index ended 830.48 points higher at 411,374.54, the JSE Market Index added 751.79 points to close at 374,947.97 and the JSE Financial Index inched 0.16 points higher to 100.83.
The JSE Main Market activity ended with 44 securities changing hands, accounting for 13,635,712 units valued at $96,460,473, down from 15,759,687 units at $268,967,167, from 40 securities on Friday.
Trans Jamaican Highway led trading with 5.6 million shares for 41 percent of total volume followed by Wisynco Group with 1.85 million units for 13.6 percent of the day’s trade and Pulse Investments with 1.6 million units for 11.5 percent market share. Other stocks trading more than one million units were Supreme Ventures with 1 million shares and Wigton Windfarm with 1.5 million units.
The Market closed with an average of 309,903 units at $2,192,283 for each security traded, in contrast to 393,992 units, valued at an average of $6,724,179 on Friday. The average volume and value for the month to date amount to 336,031 units valued at $2,945,387 for each security changing hands, compared to 340,094 units with an average value of $3,082,315. 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 four stocks closing with lower offers. The PE ratio of the market ended at 13.9, while the Main Market ended at 14.1 times 2020-21 earnings.
In the Main Market, Barita Investments advanced to $53, gaining $2 in exchanging 4,850 units, Caribbean Cement fell $2.03 in trading 33,286 shares to close at $49.97, First Rock Capital saw the transfer of 1,540 units at $11, after losing 40 cents. Jamaica Producers gained 35 cents swapping 1,972 units to close at $19.35, JMMB Group shed 52 cents to finish at $33.46, in an exchange of 151,331 shares, Key Insurance added 50 cents to close at $10, with 40,888 shares changing hands. Mayberry Investments picked up 42 cents trading 8,200 units to end at $5.75, Mayberry Jamaican Equities closed $1.10 higher at $11, with 26,000 shares crossing the exchange, NCB Financial Group fell 49 cents to settle at $145.01, in transferring 85,741 shares. 138 Student Living shed 45 cents swapping 16,048 units and closed at $6.05, Palace Amusement fell by $50 to $1,400, with 93 units changing hands, Sagicor Real Estate Fund ended $1.45 lower at $6.50, after transferring 10,367 units. Scotia Group closed at $47, with a loss of 99 cents exchanging 8,863 units, Seprod jumped $3.49 in trading 70,599 shares at $47.50 after the company reported first quarter profits that doubled that of last year and Sygnus Credit Investments fell 73 cents to end at $16.20, with 4,189 units changing hands.

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

Filed Under: JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Productive Business Solution, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Main Market barreling forward

May 8, 2020 by IC Insider.com

The Main Market of the Jamaica Stock Exchange continues to claw back losses resulting from the fallout from the dividend payout restrictions placed on banks for the rest of 2020, with the leading indices rising robustly for a fourth consecutive day.

The Jamaica Stock Exchange main market AJ index closing higher on Friday after bouncing from a higher low than the prior one. – positive indicator.

At the close, the JSE All Jamaican Composite Index advanced by 5,956.56 points to 410,544.06, the JSE Market Index climbed 5,306.68 points to 374,196.18 and the JSE Financial Index added 1.53 points to 100.67.
The market closed with 44 securities changing hands in the Main and US dollar markets with prices of 20 stocks advancing, 13 declining and 11 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 15,759,687 units valued at $268,967,167, in contrast to 22,545,407 units valued at $84,409,280 from 42 securities on Thursday.
Trans Jamaican Highway led trading with 5.4 million shares for 34 percent of total volume followed by Pulse Investments with 4.3 million units for 27 percent of the day’s trade and Barita Investments with 2.5 million units for 16 percent market share.
The Market closed with an average of 393,992 units valued $6,724,179 for each security traded, in contrast to 536,795 units valued at an average of $2,009,745 on Thursday. The average volume and value for the month to date amount to 340,094 units valued at $3,082,315 for each security changing hands, compared to 398,499 units with an average of $2,361,153. 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 13.9, while the Main Market ended at 14.2 times 2020-21 earnings.
In the Main Market, Barita Investments lost $2.85 in closing at $51, while trading 2,504,402 shares, Caribbean Cement jumped $6.01 to $52, after transferring 13,388 stock units, Eppley climbed $2.98 with 300 units changing hands at $14.98. Eppley Caribbean Property Fund dropped $3.01 to end at $30, after swapping 30,390 stock units, First Rock Capital traded 100 units at $11.40, after rising 40 cents, Grace Kennedy ended at $57.40, with a loss of 60 cents in transferring 160.565 shares. JMMB Group picked up 47 cents to settle at $33.98, after exchanging 156,708 shares, Key Insurance gained 49 cents to end at $9.50, in transferring 160,287 shares, Mayberry Jamaican Equities ended $1.40 higher at $9.90, with an exchange of 100 units.

NCB Financial Group added 50 cents to finish at $145.50, in trading 304,742 shares, Palace Amusement fell by $50 to $1,450, in swapping 238 units, Pulse Investments ended at $2.10, with a loss of 35 cents, with 4,295,911 shares changing hands. Sagicor Group shed 90 cents to finish at $45.50 trading 7,944 units, Scotia Group closed at $47.99, with gains of $3.99 transferring 949,370 shares, Seprod ended $1.99 lower at $44.01, with an exchange of 10,750 units. Supreme Ventures picked up 70 cents with the transfer of 171,031 shares and closed at $14.70, Sygnus Credit Investments gained 68 cents to end at $16.93, after swapping 33,349 stock units and Wisynco Group ended the day with a gain of 50 cents at $17.50, in trading 144,741 shares.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Productive Business Solution, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

More recovery for JSE Main Market

May 7, 2020 by IC Insider.com

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Productive Business Solution, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market closed with gains

May 5, 2020 by IC Insider.com

Trading on the Main Market of Jamaica Stock Exchange sank on Tuesday as fewer securities changed hands with a much lower with the average volume being just 31 percent that on Monday.
At the close, the JSE All Jamaican Composite Index advanced 1,805.60 points to 399,034.14, the JSE Market Index gained 1,535.01 points to end at 363,775.87 and the JSE Financial Index lost 0.05 points to 97.36.
The market closed with 41 securities changing hands in the Main and US dollar markets with prices of 12 stocks advancing, 22 declining and seven securities trading firm. The JSE Main Market activity ended with 38 securities accounting for 8,751,199 units valued at a low $77,299,031, in contrast to 29,595,732 units valued at $155,534,212 from 40 securities on Monday.
Trans Jamaican Highway led trading with 3.3 million shares for 37.5 percent of total volume followed by Sagicor Select Financial Fund with 860,185 units for 10 percent of the day’s trade and Wigton Windfarm with 756,266 units for 8.6 percent market share.
The Market closed with an average of 230,295 units at $2,034,185 for each security traded, in contrast to 739,893 units valued at an average of $3,888,355 on Monday. The average volume and value for the month to date amount to 375,605 units valued at $2,531,754 for each security changing hands, compared to 443,776 units with an average cost of $2,765,181. 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 six stocks closing with lower offers. The PE ratio of the market ended at 13.9, while the Main Market ended at 14.1 times 2020-21 earnings.
In the Main Market, Barita Investments gained 40 cents trading 86,170 shares to close at $52 after the stock traded down to $45 during the day. Eppley transferred 58,856 shares at $11, after losing $1, Eppley Caribbean Property Fund ended $1.50 lower at $34, with 120 units changing hands. Jamaica Broilers lost $1 to close at $24, with the swapping of 27,887 stock units, Jamaica Stock Exchange climbed $1.10 to $21.60, in an exchange of 64,146 shares, Key Insurance shed 35 cents to settle at $8.10, with 302,746 shares crossing the exchange. NCB Financial Group sustained a loss of $7.50 to close at $135, after transferring 140,023 shares, 138 Student Living closed 69 cents lower to $6.31, in swapping 250 units, PanJam Investment picked up $1 to end at $77.50 trading 13,244 stock units. Sagicor Group ended at $46.50, with gains of $1.50 exchanging 316,045 shares, Salada Foods tumbled $4 to $24.50, after trading a mere one stock unit, Seprod advanced $2.40 to $46.40, with an exchange of 17,376 stock units. Stanley Motta fell by 60 cents to $4.70, in transferring 9,346 units, Supreme Ventures ended 90 cents lower at $15.50, after swapping 187,479 shares, Sygnus Credit Investments closed at $15.20, with a loss of 80 cents exchanging 103,586 shares and Wisynco Group lost 40 cents trading 168,450 shares to finish at $17.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, NCB Financial, PANJAM Investment, Productive Business Solution, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market closed down – Monday

May 4, 2020 by IC Insider.com

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market stretches gains into May

May 1, 2020 by IC Insider.com

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.