Mayberry Jamaica Equities

Gains for JSE Main Market

December 17, 2024 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading with rising stocks exceeding those declining by a good margin and delivering a notable bounce for the market at the close on Tuesday, following trading in 63 securities for a second consecutive day and ended with prices of 26 rising, 16 declining and 21 ending firm. The volume of stocks traded fell by 77 percent and the value was 90 percent lower than on Monday, with no stock repeating the $473 million worth of GraceKennedy shares traded on Monday.

The market closed with 5,128,169 shares trading valued at $66,428,387 compared with 22,311,420 stock units at $692,219,403 on Monday. Trading averaged 81,400 shares at $1,054,419 compared with 354,150 stocks for $10,987,610 on Monday. Trading month to date, an average of 768,832 stock units at $7,146,078 compared with 834,952 shares at $7,731,993 on the previous day and an average of 286,669 stocks at $2,555,172 in November. On a day of relatively light trades, Transjamaican Highway was the leading volume trade with 2.60 million shares for 50.7 percent of total volume followed by Wigton Energy with 767,667 units for 15 percent of the day’s trade and Victoria Mutual Investments with 349,493 stock units for 6.8 percent market share. The All Jamaican Composite Index advanced 2,726.93 points to finish at 371,756.44, the JSE Main Index rose 2,406.09 points to settle at 323,687.81 and the JSE Financial Index dipped 0.04 points to end at 66.01. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.

The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025. At the close of trading, AS Bryden gained $1.50 in ending at $32 with an exchange of 3,063 stock units, Barita Investments dropped $1.20 to close at $73.50 with 16,179 shares clearing the market, Berger Paints popped 69 cents to end at $7.70 with an exchange of 499 stocks. JMMB Group sank 91 cents in closing at $21.50 after 14,581 units changed hands, Margaritaville rallied $3.04 to finish at $12.56 in an exchange of 16 shares, Proven Investments rose $1.13 to close at $18.48 with 2,804 stock units crossing the market.

Scotia Group climbed 50 cents to $51.50 with a transfer of 47,554 stocks, Supreme Ventures increased $1.93 and ended at $22.23 as investors exchanged 25,309 units and Sygnus Real Estate Finance slipped $1.74 to close at $9 in switching ownership of 567 shares. In the preference segment, 138 Student Living preference share advanced $29.70 to end at a 52 weeks’ closing high of $326.70 with investors trading 21 units, Productive Business Solutions 10.5% preference share popped $78 in closing at $1,072 after an exchange of 90 stocks and Sygnus Credit Investments C10.5% rallied $4.50 to finish at $105 with just 5 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, AS Bryden, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, General Accident, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Lasco Distributors, Lasco Manufacturing, Mayberry Group, 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, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

GraceKennedy is Main Market’s top trade

December 16, 2024 by IC Insider.com

GraceKennedy was the most valuable traded stock on the Jamaica Stock Exchange Main Market on Monday, with 6.56 million shares changing hands with a value of $473 million or 68 percent of the total value of shares traded in the Main market and pushed the value of stocks traded up 72 percent more than on Friday even as the volume of stocks traded declined by 27 percent following trading in 63 securities up from 58 on Friday, with prices of 26 rising, 24 declining and 13 ending unchanged.

The market closed with 22,311,420 shares trading valued $692,219,403 compared to 30,419,280 stock units at $401,684,771 on Friday. Trading ended with an average of 354,150 shares at $10,987,610 compared to 524,470 stocks at $6,925,599 on Friday and for the month to date, an average of 834,952 stock units at $7,731,993 compared with 886,118 shares at $7,385,534 on the prior trading day and well above the average of 286,669 stock units at $2,555,172 in November.
Supreme Ventures led trading with 7.08 million shares for 31.7 percent of total volume followed by GraceKennedy with 6.56 million stock units for 29.4 percent of the day’s trade, Transjamaican Highway finished with 2.57 million stock units for 11.5 percent market share and Wigton Energy with 1.43 million units for 6.4 percent of total volume.
The All Jamaican Composite Index dropped 1,371.52 points to 369,029.51, the JSE Main Index lost 730.18 points to finish at 321,281.72 and the JSE Financial Index rallied 0.34 points to end at 66.05. The Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and just one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, AS Bryden skidded $3.84 to $30.50 in an exchange of 299 shares, Barita Investments rose $1.20 to $74.70 with 3,348 stocks crossing the market, Berger Paints fell 79 cents to $7.01 with an exchange of 671 shares. Caribbean Cement rallied $1.43 to close at $78 with 19,987 stock units changing hands, Caribbean Producers shed 45 cents and ended at $8 with investors exchanging 49,988 shares, Jamaica Producers gained $2.48 to finish at $24.48 after an exchange of a mere 6 stock units. Jamaica Stock Exchange climbed 43 cents and ended at $13.43 after trading 4,086 units, Margaritaville lost $2.45 to close at $9.52 as investors exchanged a mere 25 stocks, Massy Holdings popped $1 to close at $82 in trading 300,319 shares. Mayberry Group gained 48 cents in closing at $7.99 with just 10 units crossing the market, Pan Jamaica advanced $1.98 to finish at $50 in switching ownership of 4,538 stocks, Proven Investments dropped $2.11 to end at $17.35 and closed after 2,936 stock units changed hands. dropped $1 and closed at $51 after investors traded 32,015 shares, Supreme Ventures dipped $2.20 to $20.30 with traders dealing in 7,080,763 stocks and Sygnus Real Estate Finance rose $1.74 to end at $10.74 after an exchange of 275 units.
In the preference segment, Jamaica Public Service 7% climbed 95 cents to close at $43.95 with investors swapping 994 stock units, 138 Student Living preference share popped $42 and ended at $297 in an exchange of just 2 shares, Productive Business Solutions 10.5% preference share sank $78 to finish at $994 with investors dealing in 190 stocks and Sygnus Credit Investments C10.5% declined $4.50 and ended at $100.50 after 4,870 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Wigton & Sagicor Select push Main Market trading

December 13, 2024 by IC Insider.com

Wigton Energy and Sagicor Select Manufacturing & Distribution Fund captured more than half of stock traded on the Jamaica Stock Exchange Main Market on Friday resulting in a 280 percent jump in the volume of stocks changing hands with a value 980 percent more than on Thursday and ending with an exchange of 58 securities, the same as Thursday, with prices of 19 rising, 25 declining and 14 ending unchanged.

The market closed with 30,419,280 shares trading for $401,684,771 up from just 7,996,027 stock units at $37,197,500 on Thursday. Trading ended with an average of 524,470 shares at $6,925,599 compared to 137,863 stock units at $641,336 on Thursday and for the month to date, an average of 886,118 units at $7,385,534 down from 925,398 shares at $7,435,489 on the prior day and November that ended with an average of 286,669 stock units at $2,555,172.
Sagicor Select Manufacturing & Distribution Fund the lead trade, accounted for 8.53 million shares, 28 percent of total volume and just below, Wigton Energy with 8.27 million stock units for 27.2 percent of the day’s trade, Transjamaican Highway was next with 4.65 million units for 15.3 percent market share, GraceKennedy with 3.05 million shares for 10 percent of trading, Lasco Manufacturing chipped in with 1.13 million stocks for 3.7 percent market share and Jamaica Broilers with 1.11 million units for 3.6 percent of total volume.
The All Jamaican Composite Index dropped 1,830.32 points to end at 370,401.03, the JSE Main Index shed 996.12 points to close at 322,011.90 and the JSE Financial Index dipped 0.84 points to cease trading at 65.71. The Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, AS Bryden climbed $3.39 to close at $34.34 after an exchange of 42,294 stock units, Caribbean Cement lost $1.40 to settle at $76.57 with 202,662 shares exchanging hands, Caribbean Producers increased 45 cents to $8.45 as investors exchanged 153,531 units. Carreras dipped 52 cents to end at $12.45 with 50,379 stocks crossing the market, Eppley popped $2.34 and ended at $32.84 after an exchange of 3,411 units, Margaritaville rallied $1.47 to finish at $11.97 with investors swapping 850 stocks. Massy Holdings rose 99 cents to end at $81 with an exchange of 2,554 shares, Mayberry Group sank 49 cents to close at $7.51 with 21,024 stock units crossing the market, MPC Caribbean Clean Energy shed $4.38 to finish at $70 in an exchange of 10 shares. Pan Jamaica declined $2.98 and ended at $48.02 with traders dealing in 1,910 stocks, Proven Investments advanced $2.36 to end at $19.46 with 7,379 units switching owners, Scotia Group fell $1.13 to close at $52 with investors dealing in 910,024 stock units ahead of the group releasing full year’s results with EPS of $6.48, up a respectable 17 percent from $5.54 in 2023 and in line with ICInsider.com forecast of $6.50 and Supreme Ventures gained 45 cents to $22.50 clearing the market with 86,394 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market to post gains in 2024

December 12, 2024 by IC Insider.com

Stocks put in a B showing with the main indices surging sharply higher on the Jamaica Stock Exchange Main Market on Thursday, with recent movements putting it on track to end the year with gains. The move higher follows an 18 percent drop in the volume of stocks changing hands and a 35 percent lower value than on Wednesday, resulting from trading in 58 securities, a fall from 60 on Wednesday, with prices of 19 rising, 23 declining and 16 ending unchanged.

Carreras traded at a 52 weeks’ high of $12.97, Scotia Group ended at a 52 weeks’ closing high of $53.13, Margaritaville traded at an intraday 52 weeks’ low of $8.98 but ended at a 52 weeks’ closing low of $10.50 and NCB Financial hit an intraday 52 weeks’ low of $48.58, with the price bouncing to close at $50.35.
The market closed with 7,996,027 shares trading for $37,197,500 from 9,736,528 units at $57,271,565 on Wednesday. Trading ended with an average of 137,863 shares valued $641,336 compared to 162,275 stocks at $954,526 on Wednesday and month to date, an average of 925,398 units at $7,435,489 compared with 1,021,359 shares at $8,263,348 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Trading was led by JMMB 9.5% preference share with 3.07 million shares for 38.4 percent of total volume followed by Transjamaican Highway with 2.20 million stock units for 27.5 percent of the day’s trade and Wigton Energy with 1.31 million units for 16.3 percent of the day’s trade.
The All Jamaican Composite Index surged 4,323.53 points to settle at 372,231.35, up 1.4 percent for the year to date. The JSE Main Index jumped 2,486.67 points to 323,008.02, down 0.8 percent year to date and the JSE Financial Index rose 1.51 points to settle at 66.55. The Investor’s Choice bid-offer indicator ended with a positive read, showing 14 stocks ended with bids higher than their last selling prices and just three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints popped 70 cents to close at $7.70 and closed after 72 stocks changed hands, Caribbean Producers increased 40 cents to $8 after an exchange of 8,185 units, Carreras climbed 96 cents to finish at a 52 weeks’ high of $12.97 in trading 263,211 shares. Eppley rose 50 cents and ended at $30.50 after 5,050 stock passed through the market, Eppley Caribbean Property Fund gained $4 to end at $37 in an exchange of 7 shares, First Rock Real Estate fell 47 cents in closing at $8.20 with investors trading 22,500 stocks. Jamaica Producers dropped $2.50 to $22 in an exchange of 606 units, Margaritaville shed $2.72 in closing at 52 weeks’ low of $10.50 with investors dealing in 1,118 stock units, with the price falling to an intraday 52 weeks’ low of $8.98, before rebounding, Massy Holdings sank $7.69 to end at $80.01 after an exchange of 99,003 shares. Mayberry Group advanced 40 cents to finish at $8 with investors swapping 11 units, Pan Jamaica dipped 45 cents and ended at $51 with 1,197 stocks crossing the exchange, Proven Investments sank $1.60 to close at $17.10 after a transfer of 1,036 stock units. Seprod rallied 50 cents to $85 as investors exchanged 15,598 shares and Sygnus Real Estate Finance skidded $1.96 and ended at $9.04 in switching ownership of 15,372 units.
In the preference segment, 138 Student Living preference share dropped $65.31 to finish at $255 with 5 stocks changing hands.

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

Scotia Group hits 12 months’ high of $54.95

December 11, 2024 by IC Insider.com

Scotia Group jumped $2.91 on top of the $3.99 on Tuesday to finish at a 52 weeks’ closing high of $52.90 after investors pushed to an intraday high of $54.95 on a day of a limited supply of stocks offered for sale with trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with a 59 percent fall in the volume of stocks traded at an 83 percent lower value than Tuesday, following trading in 60 securities from 59 on Tuesday, with prices of 17 rising, 29 declining and 14 ending unchanged.

The market closed with 9,736,528 shares trading valued $57,271,565 compared with 23,608,883 stock units at $331,449,844 on Tuesday. Trading averaged 162,275 shares at $954,526 compared to 400,151 stocks at $5,617,794 on Tuesday and month to date, an average of 1,021,359 stocks for $8,263,348 compared with 1,145,265 shares at $9,317,506 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy led trading with 5.71 million shares for 58.6 percent of total volume followed by Transjamaican Highway with 2.48 million units for 25.4 percent of the day’s trade and Massy Holdings with 250,503 stock units for 2.6 percent market share.
The All Jamaican Composite Index popped 1,991.77 points to settle at 367,907.82, the JSE Main Index rallied 1,780.84 points to end the day at 320,521.35 and the JSE Financial Index gained 0.47 points to close at 65.04. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.1. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, Barita Investments dropped $1.20 to $73.50 with traders dealing in 3,488 units, Berger Paints fell 50 cents to $7 in an exchange of 2,585 stocks, Caribbean Cement skidded $1.51 and ended at $77.99 with 14,601 shares crossing the market. Caribbean Producers sank 50 cents to close at $7.60 with an exchange of 25,526 stock units, Carreras dipped 74 cents to $12.01 with 139,830 shares changing hands, Eppley Caribbean Property Fund lost $4 to end at $33 with investors trading 228 stocks. First Rock Real Estate shed $1.34 in closing at $8.67 with 4,192 units crossing the exchange, Jamaica Broilers popped 60 cents to $36.80 with investors swapping 29,723 stock units, Kingston Properties rallied 64 cents to close at $9.59 after a transfer of 1,908 shares. Margaritaville recovered $1.87 of Tuesday’s loss to finish the day at $13.22 as investors exchanged 2,915 units, Massy Holdings advanced $6.70 and ended at $87.70 with 250,503 stocks passing through the market, Mayberry Group declined 41 cents to end at $7.60 after an exchange of 3,686 stock units. Pan Jamaica gained $3.44 to $51.45 with investors trading 4,302 shares, Scotia Group climbed $2.91 to finish at a 52 weeks’ closing high of $52.90 after an exchange of 41,710 stocks and Supreme Ventures gained 75 cents and ended at $22.30 with 14,491 units clearing the market.
In the preference segment, Jamaica Public Service 7% sank $2 to $43 in an exchange of just 6 stock units and 138 Student Living preference share climbed a staggering $100.31 to end at $320.31 after trading of 78 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Wigton powers up Main Market trading

December 10, 2024 by IC Insider.com

Wigton Energy was the most heavily traded on the Jamaica Stock Exchange Main Market on Tuesday but NCB Financial was the leading dollar trade, Scotia Group stole the spotlight with the stock racing to close a 52 weeks’ high of $49.99 having advanced $3.99 for the day, followed by Carreras that finished at a yearly high of $12.75 on a day when the volume traded climbed 130 percent and the value 496 percent more than on Monday, following trading in 59 securities compared with 58 on Monday, with prices of 22 stocks rising, 21 declining and 16 ending unchanged.

The market closed with 23,608,883 shares trading for $331,449,844 well over the 10,262,101 stock units at $55,570,628 on Monday. Trading averaged 400,151 shares for $5,617,794 up from 176,933 stocks at $958,114 on Monday and for the month to date, an average of 1,145,265 units at $9,317,506 compared with 1,268,407 shares at $9,928,942 on the previous day and November with an average of 286,669 stock units at $2,555,172. Wigton Energy led trading with 9.69 million shares for 41.1 percent of total volume followed by Transjamaican Highway with 5.48 million stocks for 23.2 percent of the day’s trade and NCB Financial with 5.04 million units for 21.3 percent of the day’s trade. The All Jamaican Composite Index sank 2,656.02 points to settle at 365,916.05, the JSE Main Index skidded 1,625.73 points to finish at 318,740.51 and the JSE Financial Index declined 0.47 points to conclude trading at 64.57. The Investor’s The Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two with lower offers.

The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025. At the close of the market, AS Bryden advanced 40 cents to finish at $30.95 with 10,421 stock units crossing the exchange, Caribbean Cement popped 50 cents to $79.50 after a transfer of 7,208 shares, Carreras increased 78 cents to a 52 weeks’ high of $12.75 with investors dealing in 72,401 stocks. Eppley dropped $2.90 to close at a 52 weeks’ low of $30 in an exchange of 6,163 units, General Accident climbed 77 cents and ended at $6.32 with 1,065 stocks crossing the market, Jamaica Broilers sank $1.20 to end at $36.20 after trading of 1,458 shares. Jamaica Producers rose 73 cents to settle at $24.48 with 68 stock units crossing the market, Jamaica Stock Exchange declined 55 cents to $13.44 with investors swapping 104,591 units,

JMMB Group gained $1.10 and ended at $22.50 with 557,919 stock units being traded. Margaritaville lost $3.15 to finish at a 52 weeks’ low of $11.35 with traders dealing in 3,222 units, Massy Holdings rallied $1 to close at $81 with 1,092 shares switching owners, Pan Jamaica slipped $3.49 to end at $48.01 with investors trading 102,774 stock units. Proven Investments popped 56 cents to $18.50 with 1,410 shares changing hands, Scotia Group advanced $3.99 to finish at a 52 weeks’ high of $49.99 with a transfer of 161,674 stocks, Seprod rose 55 cents and ended at $84.75 after an exchange of 384 units and Supreme Ventures sank 95 cents to $21.55 with investors trading 58,717 stock units. In the preference segment, Productive Business Solutions 10.5% preference share gained $98 to close at $1,072 in an exchange of just two shares. Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Wigton heads JSE Main Market trading

December 9, 2024 by IC Insider.com

Wigton Energy continues to head the stocks trading on the Main Market of the Jamaica Stock Exchange on Monday with 39 percent of the total volume traded, with the volume of stocks traded on the Main Market declining by 97 percent and the value 98 percent lower than on Friday, following the heavy trading in Caribbean Producers on Friday, with trading on Monday of 58 securities compared with 61 on Friday, with prices of 14 rising, 30 declining and 14 ending unchanged.

The market closed with 10,262,101 shares being traded at $55,570,628 down sharply from 360,771,729 stock units at $2,997,444,792 on Friday, with the absence of sizable trades to substitute for Caribbean Producers’ big trades on Friday. Trading averaged 176,933 shares at $958,114 compared to 5,914,291 stocks at $49,138,439 on Friday and month to date, an average of 1,268,407 stock units at $9,928,942 compared with 1,480,131 shares at $11,669,103 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Following the Wigton Energy trades Transjamaican Highway was next with 2.07 million units for 20.2 percent of the day’s trade and Sterling Investments with 758,035 stock units for 7.4 percent market share.
The All Jamaican Composite Index climbed 1,165.36 points to 368,572.07, the JSE Main Index advanced 583.08 points to end at 320,366.24 and the JSE Financial Index popped 0.47 points to end the day at 65.04. The Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, AS Bryden skidded 40 cents to $30.55 with an exchange of 645 stock units, Barita Investments advanced $1.20 and ended at $74.70 with 3,563 units clearing the market, Caribbean Cement sank $1 to finish at $79 with trading in 3,897 shares. General Accident lost 83 cents to close at $5.55 with 837 stock units crossing the market, GraceKennedy dipped 50 cents to end at $76.50 after a transfer of 43,158 shares, Guardian Holdings fell $3 to close at $310 after 20,585 units changed hands. Jamaica Broilers popped 40 cents to $37.40 with investors swapping 9,449 stocks, Jamaica Producers shed 90 cents to finish at $23.75 with 460 stock units crossing the market, the Jamaica Stock Exchange share climbed 51 cents and ended at $13.99 with investors trading 45,315 shares. NCB Financial declined 50 cents in closing at $50 with 181,719 stocks switching owners, Scotia Group sank $1.75 to close at $46 with investors dealing in 43,584 stock units and Wisynco Group increased 50 cents to end at $21.50 after 56,954 stock units passed through the market
In the preference segment, Jamaica Public Service 7% gained 50 cents to $45 with traders dealing in a mere one share, 138 Student Living preference share dropped $34.19 to end at $220 as investors exchanged 118 stock units and Sygnus Credit Investments C10.5% rose $1 in closing at $105 with the trading of 10 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big trades for Caribbean Producers

December 6, 2024 by IC Insider.com

Caribbean Producers had 30.4 percent of its float changing ownership on the Main Market of the Jamaica Stock Exchange on Friday as AS Byrden and Sons snapped up 333.4 million shares putting them in control of 75.3 percent of the company pushing trading in the market up by 2,359 percent to 360,771,729 shares with the value surging 1,540 percent to $2,997,444,792 compared with just 14,673,394 stock units at $182,739,456 on Thursday, with trading in 61 securities up from 56 on Thursday, with prices of 25 rising, 22 declining and 14 ending unchanged.

Trading averaged 5,914,291 shares for $49,138,439 up from 262,025 stocks at $3,263,205 on Thursday and month to date, an average of 1,480,131 stocks for $11,669,103 compared with 343,645 shares at $2,065,618 on the previous day and November ending with an average of 286,669 stocks at $2,555,172.
Caribbean Producers the leading stock traded 334.34 million shares for 92.7 percent of the total volume followed by Wigton Energy with 15.03 million stocks for 4.2 percent of the day’s trade, Transjamaican Highway chipped in with 3.15 million units for 0.9 percent market share, Caribbean Cement ended with 1.28 million stock units for 0.4 percent of the market trade, Wisynco Group accounted for 1.15 million shares for 0.3 percent of traded stocks and Kingston Wharves with 1.10 million units for 0.3 percent of total volume.
The All Jamaican Composite Index slipped 406.94 points to end the day at 367,406.71, the JSE Main Index sank 305.65 points to finish at 319,783.16 and the JSE Financial Index fell 0.21 points to finish at 64.57. The Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Barita Investments lost 50 cents and ended at $73.50 as investors exchanged 28,738 stock units, Berger Paints rose 70 cents to $7.73 with 1,414 shares crossing the market, Caribbean Cement gained $3.45 to finish at a 52 weeks’ high of $80 after an exchange of 1,284,008 stocks. GraceKennedy sank 49 cents to end at $77 with traders dealing in 317,559 units, Guardian Holdings declined $2 to $313 with 6,326 shares crossing the market, Jamaica Broilers fell 49 cents to close at $37 with investors dealing in 301,054 stock units, ahead of half year results with the profit dipping 13.5 percent in the latest quarter with taxation jumping 31 percent, with profit down 12.7 percent for the half year. Jamaica Stock Exchange popped $1.14 to $13.48 with 35,424 stocks switching owners, Kingston Wharves shed 95 cents to close at $31 after a transfer of 1,102,481 units, Scotia Group increased $1.25 to finish at $47.75 with investors ending with trading in 146,814 shares, ahead of full year results next week and with precious limited supply of stocks on offer at the close. Stanley Motta dropped 42 cents and ended at $6.50 in an exchange of 4,700 stock units and Wisynco Group sank 80 cents to end at $21 trading 1,153,869 units.
In the preference segment, Jamaica Public Service 7% climbed $1 to close at $44.50 with an exchange of 100 stock units. Jamaica Public Service 9.5% rallied $55 to $2,755 with just a 1 share traded, 138 Student Living preference share skidded $31.86 to end at $254.19 with investors swapping a mere 6 stocks and Sygnus Credit Investments C10.5% slipped 99 cents to close at $104 with a paltry 4 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Steady trades on JSE Main Market

December 5, 2024 by IC Insider.com

Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising a mere 1 percent and the value 165 percent more than on Wednesday, with trading in 56 securities compared with 63 on Wednesday, with prices of 13 stocks rising, 27 declining and 16 ending unchanged.

The market closed after 14,673,394 shares were traded at $182,739,456 compared with 14,504,716 stocks at $68,895,426 on Wednesday. The average trade amounted to 262,025 stock units at $3,263,205 compared with 230,234 stocks at $1,093,578 on Wednesday and for the month to date, an average of 343,645 stock units at $2,065,618 compared with 368,759 shares at $1,697,130 on the previous day and November ending with an average of 286,669 units at $2,555,172.
Supreme Ventures led trading with 7.05 million shares accounting for 48.1 percent of total volume followed by Transjamaican Highway with 3.55 million stock units for 24.2 percent of the day’s trade and Wigton Energy with 1.48 million units for 10.1 percent of the day’s trade.
The All Jamaican Composite Index shed 1,110.73 points to cease trading at 367,813.65, the JSE Main Index dropped by 718.62 points to close at 320,088.81 and the JSE Financial Index advanced 0.28 points to end the day at 64.78. The Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and none with a lower offer.

The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, Barita Investments fell $1 to close at $74 in an exchange of 1,138 units, Berger Paints sank 73 cents to $7.03 with 1,615 stocks, clearing the market, Caribbean Cement slipped 45 cents to finish at $76.55 after hitting an intraday 52 weeks’ high of $79.25 and ended with a transfer of 5,378 shares. Eppley Caribbean Property Fund increased $3.65 and ended at $37 trading 99 stock units, Jamaica Stock Exchange sank $2.11 to close at $12.34 after an exchange of 99,274 shares, Kingston Wharves climbed 75 cents to end at $31.95 with 2,997 stock units traded. Massy Holdings rose $1.60 to $80 with 617 stocks traded at the end of the market, Pan Jamaica rallied $1.50 to end at $51.50 with investors dealing in 223 units and Sagicor Group popped 99 cents to close at $37.99 with 2,670 stocks crossing the market.
In the preference segment, Jamaica Public Service 7% declined $1.40 to close at $43.50 as investors exchanged 161 units, 138 Student Living preference share gained $26 to finish at $286.05 with just 12 shares crossing the market and Productive Business Solutions 10.5% preference share shed $86 and ended at $974 with investors trading 159 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market drops on lower volume

December 4, 2024 by IC Insider.com

Decliners just edged out advancers on the Jamaica Stock Exchange Main Market declined on Wednesday, with the prices of declining stocks outweighing those rising following a 35 percent drop in the volume of stocks traded with a 37 percent lower value than on Tuesday, after trading in 63 securities compared with 59 on Tuesday, with prices of 24 stocks rising, 25 declining and 14 ending unchanged, with the market closing with Jamaica Stock Exchange shares and Caribbean Cement trading at intraday 52 weeks’ high.

The market closed with 14,504,716 shares being traded at $68,895,426 down from 22,368,398 stock units at $108,813,417 on Tuesday.
Trading averaged 230,234 shares at $1,093,578 compared with 379,125 units at $1,844,295 on Tuesday and month to date, an average of 368,759 units at $1,697,130 compared with 442,096 shares at $2,016,657 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy accounted for 43.3 percent of total volume to lead trading with 6.28 million shares followed by Transjamaican Highway with 3.70 million units for 25.5 percent of the day’s trade, with selling pressured buyers and Lasco Manufacturing with 655,784 stock units for 4.5 percent of market share.
The All Jamaican Composite Index sank 1,400.46 points to end the day at 368,924.38, up 0.5 percent year to date, the JSE Main Index slipped 520.23 points to finish at 320,807.43 and the JSE Financial Index declined 0.56 points to close trading at 64.50. The Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Caribbean Cement lost $1.90 to finish at $77 after a transfer of 1,863 stock units and trading at a 52 weeks’ intraday high of $79.19, Caribbean Producers climbed 50 cents to close at $8 with investors swapping 9,342 shares, Eppley Caribbean Property Fund dipped $3.65 to close at $33.35 after an exchange of 90 stocks. Guardian Holdings popped $1 to end at $315 with 2,234 units passing through the market, Jamaica Stock Exchange gained $1.17 to close at a 52 weeks’ high of $14.45 with traders dealing in 201,427 stocks after the stocks traded as high as $15.84, Massy Holdings sank $1.49 and ended at $78.40 with just 94 shares switching owners. Mayberry Jamaican Equities slipped 55 cents to $9.50 with investors dealing in 4,609 stocks, MPC Caribbean Clean Energy sank $13.22 to close at $74.38 with a mere 8 stock units crossing the exchange, NCB Financial dropped 46 cents to end at $50.49 with investors trading 42,694 shares. Proven Investments shed $1.51 to finish at $17.97 after an exchange of 1,234 stocks, Sagicor Group declined $1 and ended at $37 with 80,212 stocks crossing the market and Stanley Motta rose 41 cents to end at $6.92 with a transfer of 533 units.
In the preference segment, Eppley 7.50% preference share fell 56 cents to $5.38 with 3,090 stocks clearing the market, Jamaica Public Service 7% advanced $1.22 to end at $44.90 in an exchange of 19 units, Jamaica Public Service 9.5% skidded $55 in closing at $2,700 trading 84 shares and 138 Student Living preference share rallied $26.55 to close at $260.05 with a mere 3 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.