NCB Financial — Page 88

Gains for Main market stocks

March 26, 2021 by IC Insider.com

Trading dropped sharply on Friday, with an exchange of 93 percent fewer shares at 86 percent less value than on Thursday, but the market indices rose after marginally more stocks advanced than declined at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 2,733.33 points to 433,426.84, the Main Index rose 2,535.44 points to 395,153.87 and the JSE Financial Index gained 0.82 points to settle at 99.46.
Trading ended with 45 securities, down from 48 on Thursday and closed with prices of 18 stocks rising, 17 declining and 10 remaining unchanged. The PE Ratio averages 19.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 7,739,040 shares trading for $45,618,469 compared to 108,504,798 units at $315,828,525 on Thursday. Transjamaican Highway led trading with 32.8 percent of total volume for 2.53 million shares, followed by Sagicor Select Financial Fund with 17.6 percent for 1.36 million units and Wigton Windfarm with 17.1 percent of the day’s trade for 1.32 million units.
Trading for the day averaged 171,979 units at $1,013,744, compared to an average of 2,260,517 shares at $6,579,761 on Thursday. Month to date trading averaged 341,423 units at $2,407,074, in contrast to 350,058 units at $2,478,082 on Thursday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments shed 20 cents to $83.80 with an exchange of 54,584 shares, Berger Paints gained 39 cents in ending at $13.50 and trading 2,000 stocks, Caribbean Cement fell 55 cents to $64.95, with 6,150 stock units clearing the market. Eppley Caribbean Property Fund rose $2.18 to $45.67 with 4,108 units changing hands, Grace Kennedy gained 25 cents to close at $88.50 in trading 3,205 stocks, Jamaica Producers advanced $2.22 to $23.22 with the trading of 440 shares. JMMB Group shed $1.40 in closing at $31.50 after the transferring of 29,763 units, Key Insurance rose 30 cents to $5.28 with the swapping of 69,521 shares, NCB Financial Group climbed $2.48 to close at $140 trading 16,238 stocks. Palace Amusement fell $19 to $680, with 443 units crossing the exchange, Proven Investments shed 60 cents in ending at $34.90 with 19,845 stock units clearing the market, Sagicor Group gained 23 cents to finish at $49.98 in transferring 321,790 units. Salada Foods rose $1.50 to $44.50 with the swapping of 10,915 shares, Scotia Group closed 74 cents higher at $41.25 with an exchange of 8,767 stock, Seprod dropped $4 to $69 in trading 94,793 units and Supreme Ventures finished 20 cents higher at $15.30 in switching ownership of 37,927 stock units.

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, Community & Workers Credit Union, 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, Kingston Wharves, 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, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Radio Jamaica dominates Main Market

March 25, 2021 by IC Insider.com

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, 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, 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market climbs

March 24, 2021 by IC Insider.com

Stocks trading on Wednesday ended with the market bouncing after Tuesday decline in the market indices, as investors put down 90 percent funds in trading 8 percent more shares than on Tuesday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 1,009.51 points to 430,742.20, the Main Index rose 966.73 points to 392,671.43 and the JSE Financial Index gained 0.38 points to settle at 98.73.
Overall, 51 securities traded, up from 50 on Tuesday and closed with prices of 19 stocks rising, 23 declining and nine remaining unchanged. The PE Ratio averages 19.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 11,146,482 shares trading for $193,454,160 compared to 10,353,699 units at $101,569,397 on Tuesday. Ciboney Group led trading with 17.6 percent of total volume for 1.96 million shares followed by Transjamaican Highway with 14.1 percent for 1.57 million units, PanJam Investment with 9.8 percent for 1.10 million units and JMMB Group with 9.4 percent for an exchange of 1.05 million units.
Trading for the day averaged 218,558 units at $3,793,219, up from 207,074 shares at $2,031,388 on Tuesday. Month to date, trading averaged 240,236 units at $2,242,297, in contrast to 241,646 units at $2,141,408 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments climbed $3 to $83.10 after exchanging 590,667 stock units, Berger Paints shed 46 cents to end at $13.01 in switching ownership of 2,664 stocks, Caribbean Cement advanced $1.51 to $66.01, with 26,035 units clearing the market, Eppley shed 86 cents to $31.87 with an exchange of 1,841 shares. Eppley Caribbean Property Fund rose $1.50 to $42 with 5,794 stocks changing hands, Grace Kennedy fell $1.08 to $87.42 after a transfer of 4,822 units, Jamaica Broilers lost 30 cents to close at $29 trading 174,370 shares. Jamaica Producers fell $1 to $21, with 109,300 stock units crossing the market, Jamaica Stock Exchange gained 23 cents to end at $18.98 after exchanging 34,463 units, JMMB Group lost 22 cents to close at $32.66 in trading 1,050,163 shares. Key Insurance gained 25 cents to end at $5.30 in exchanging 119,217 stocks, Mayberry Investments declined 44 cents to $5.19 with the swapping of 302 units, Mayberry Jamaican Equities picked up 27 cents ending at $8.10 after a transfer of 107,392 stocks. NCB Financial declined $1.99 to $138.01 with 38,583 stock units changing hands, 138 Student Living dropped $1.38 to $5.50 in trading 1,050 units, PanJam Investment rose $1.31 to $65.01 with the swapping of 1,097,749 shares, Sagicor Group declined $2 to $48 in trading 60,966 stock units. Salada Foods fell $1.49 to $43 in exchanging 21,731 units, Seprod advanced $2 to $72 in switching ownership of 28,284 shares and Supreme Ventures lost 22 cents to close at $15.28 with 139,631 stocks changing hands.
In the preference segment, 138 Student Living preference share gained 55 cents to close at $4.32 after exchanging just two stock units and Eppley 8.25% fell 59 cents to end at $6.41 in transferring 6 units.
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, Community & Workers Credit Union, 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, 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Falling stocks dominate JSE main market

March 23, 2021 by IC Insider.com

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The market lost more grounds at the close of trading for a second consecutive day on Tuesday, ending with more stocks declining than advancing, with the value of traded stocks climbing 114 percent after 29 percent more shares traded than on Monday on the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dropped 2,156.19 points to 429,732.69, the JSE Main Index declined 1,972.46 points to 391,704.70 and the JSE Financial Index lost 0.57 points to 98.35.
A total 50 securities traded up from 48 on Monday and closed with 12 stocks rising, 22 declining and 16 remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 10,353,699 shares for $101,569,397, up from 8,031,792 units at $47,508,810 on Monday. Wigton Windfarm led trading with 19.9 percent of total volume for 2.06 million shares, followed by Transjamaican Highway 18.3 percent, with 1.89 million units, Ciboney with 17.4 percent for 1.80 million units and QWI Investments with 13.6 percent for 1.41 million units changing hands.
Trading for the day averaged 207,074 units at $2,031,388, compared to 167,329 shares at $989,767 on Monday. Trading month to date averaged 241,646 units at $2,141,408, in contrast to 244,001 units at $ 2,148,902 on Monday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement dropped $5.50 to close at $64.50 with 531,292 shares changing hands, Eppley gained $2.60 to $32.73 trading 4,342 stocks, Eppley Caribbean Property Fund fell $1.49 to end at $40.50 after exchanging 9,365 units. First Rock Capital lost 30 cents to settle at $16.70, with 13,941 stock units clearing the market, Grace Kennedy rose $1.52 in closing at $88.50 in transferring 232,611 shares, Jamaica Broilers shed 50 cents to finish at $29.30 with the swapping of 99,686 units. Jamaica Producers gained 20 cents to close at $22 after exchanging 286 stock units, JMMB Group gained 28 cents to end at $32.88 with 62,422 shares changing hands. Mayberry Investments closed 46 cents higher at $5.63 in switching ownership of 2,770 stocks, MPC Caribbean Clean Energy rose $1 to close at $140 after clearing the market with 500 stock units. NCB Financial lost $2 in closing at $140 with the trading of 43,359 units, Palace Amusement climbed $29 to $699 after exchanging 52 shares, PanJam Investment shed 30 cents to settle at $63.70 with 1,670 units changing hands and Seprod fell $1.05 to $70 in an exchange of 32,241 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, Community & Workers Credit Union, 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, 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, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Fall in JSE major indices

March 22, 2021 by IC Insider.com

Stocks lost ground in trading on Monday ended with the market indices slipping even as almost half the number of stocks traded gained with the volume was similar to that of Friday with a 62 percent fall in the values at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index shed 888.44 points to 431,888.88, the JSE Main Index fell 893.61 points to 393,677.16 and the JSE Financial Index slipped 0.38 points to 98.92.
Trading ended with 48 securities compared to 50 on Friday and closed with prices of 22 stocks rising, 15 declining and 11 remaining unchanged. The PE Ratio averages 19.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 8,031,792 shares for $47,508,810 compared to 8,079,230 units at $124,140,641 on Friday. Transjamaican Highway led trading with 30.3 percent of the volume traded for 2.44 million shares, followed by Ciboney Group 25.6 percent, with 2.06 million units and Wigton Windfarm with 19.3 percent market share for 1.55 million units.
Trading averaged 167,329 units at $989,767, compared to 161,585 shares at $2,482,813 on Friday. Trading month to date averaged 244,001 units at $2,148,902, versus 249,365 units at $2,230,008 on Friday. 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 one with lower offers.
At the close, Berger Paints rose 25 cents to $13.50, after 9,336 units crossed the market, Caribbean Cement climbed 60 cents to $70 after exchanging 17,986 stock units. Carreras ended 33 cents higher at $9 in switching ownership of 135,470 shares, Ciboney Group lost 23 cents to finish at 68 cents in trading 2,059,981 stocks, Eppley Caribbean Property Fund climbed $1.49 to $41.99 in the swapping of 3,383 units. First Rock Capital fell $1 to $17 in an exchange of 55,747 stocks, Jamaica Producers lost 20 cents to close at $21.80 trading 14,263 units, Jamaica Stock Exchange rose 77 cents to $18.91 in transferring 45,899 stocks. Key Insurance ended 31 cents lower at $5.15 after clearing the market with 23,717 units, Margaritaville dropped $6.42 to end at $37, with 131 stocks crossing the exchange. NCB Financial declined $2 to $142 after trading 28,442 shares, Palace Amusement climbed $30 to $670, finishing with a transfer of 396 units, Proven Investments shed 50 cents to $34 with the swapping of 34,378 stocks. Sagicor Group advanced $1.50 to $50 in exchanging 217,335 stock units, Salada Foods rose 30 cents to $44.50, with 4,603 units changing hands. Scotia Group shed 75 cents to $41.25 trading 21,626 stock units, Seprod slid 95 cents to $71.05 after exchanging 15,843 shares, Sterling Investments gained 31 cents to close at $2.91 after 2,950 stock units crossed the market and Wisynco Group gained 49 cents to close at $15.99 with a transfer of 29,860 units.
In the preference segment, Eppley 8.25% rose 50 cents to $7 in an exchange of 3,076 stocks and JMMB Group 7.25% gained 24 cents to close at $1.44 after exchanging 7,124 units.

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, Community & Workers Credit Union, 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, 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, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Stocks close week with a loss

March 19, 2021 by IC Insider.com

Stocks ended higher at the close of trading on Friday after rising prices outnumbered declining ones with an exchange of 25 percent lower volume at a 65 percent jump in value over Thursday as the Jamaica Stock Exchange Main Market closed out the week down.
The All Jamaican Composite Index climbed 429.52 points to close at 432,777.32, the JSE Main Index rose 365.83 points to 394,570.77 and the JSE Financial Index gained 0.28 points to 99.30.
Trading activated 50 securities, up from 45 on Thursday, with prices of 21 stocks rising, 18 declining and 11 remaining unchanged.
The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 8,079,230 shares trading for $124,140,641 compared to 10,771,883 units at $75,221,344 on Thursday. Jamaica Producers led with 26.2 percent of the volume traded for 2.12 million shares, followed by Ciboney Group with 13.1 percent for an exchange of 1.06 million units and Wigton Windfarm with 11.3 percent market share for 914,005 units.
Trading for the day averaged 161,585 units at $2,482,813, compared to an average of 239,375 shares at $1,671,585 on Thursday. The average trade month to date ends at 249,365 units at $2,230,008, in contrast to 256,266 units at $2,210,133 on Thursday. 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, Caribbean Cement rose 59 cents to $69.40 in trading 36,573 stock units, Ciboney Group gained 22 cents to close at 91 cents, exchanging 1,059,730 shares, as the stock resumes its climb after a recent selloff. Eppley Caribbean Property Fund fell 50 cents to $40.50, with a transfer of 200 units. First Rock Capital advanced $1.50 to a record close of $18 after an exchange of 26,211 units, Grace Kennedy declined by $2 to $86.97 in switching ownership of 162,703 shares, Jamaica Broilers lost 20 cents to close at $29.80 with the swapping of 86,849 stocks. JMMB Group shed 38 cents to end at $32.50 in transferring 56,545 stocks, Key Insurance closed 24 cents lower at $5.46 after exchanging 57,458 units. Mayberry Jamaican Equities gained 50 cents to settle at $8, clearing the market with 800 stocks. MPC Caribbean Clean Energy declined $1 to $139 trading 35 shares, NCB Financial Group climbed $1.50 to $144 in exchange of 101,774 units, 138 Student Living climbed $1.59 to $6.99, with 60,264 units crossing the market, Palace Amusement advanced $10 to $640 with 57 shares crossing the market. PanJam Investment shed $2 to $64, with 1,407 stock units changing hands, Pulse Investments gained 26 cents in closing at $4.40 with an exchange of 390,929 units, Sagicor Group slipped 38 cents to $48.50 in switching ownership of 446,505 shares. Salada Foods lost 30 cents to finish at $44.20 in swapping 1,782 stocks, Scotia Group rose $1.89 to $42, trading 63,546 shares. Sterling Investments fell 31 cents to $2.60 in an exchange of 6,721 stock units, Supreme Ventures gained 30 cents to finish at $15.40, with 50,715 units crossing the market and Wisynco Group closed 47 cents higher at $15.50, with 16,279 shares clearing the market.
In the preference segment, Jamaica Public Service 9.5% jumped $202.69 to close at a 52 weeks’ high of $1,700 trading just one share, JMMB Group C share 7.25% gained 28 cents to end at $2.14 with the swapping of 4,087 stock units and JMMB Group 7.25% declined 24 cents to $1.20 trading 230 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, 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, 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

Slippage for JSE Main Market

March 18, 2021 by IC Insider.com

For a second consecutive day, stocks led the market into a decline on Thursday as 38 percent more shares changed hands, with 54 percent higher value than on Wednesday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 1,456.58 points to 432,347.80, the JSE Main Index shed 1,284.83 points to 394,204.94 and the JSE Financial Index lost 0.07 points to settle at 99.02.
Trading ended with 45 securities, down from 47 on Wednesday, with prices of 18 stocks rising, 17 declining and 10 remaining unchanged. The PE Ratio averages 17.1 based on ICInsider.com forecast of 2020-21 earnings.
Trading ended with 10,771,883 shares for $75,221,344 up from 7,798,057 units at $48,760,883 on Wednesday. Wigton Windfarm led trading with 28.6 percent of total volume, after an exchange of 3.08 million shares followed by Sagicor Select Financial Fund with 21.5 percent for 2.32 million units, Transjamaican Highway with 10.5 percent of the day’s trade for 1.13 million units and Sagicor Select Manufacturing & Distribution Fund with 10 percent for 1.08 million units.
Trading for the day averaged 239,375 units at $1,671,585, compared to an average of 165,916 shares at $1,037,466 on Wednesday. The average trade month to date ends at 256,266 units at $2,210,133, in contrast to 257,553 units at $2,251,139 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Carreras fell 29 cents to $8.71 trading 98,683 stocks, Eppley Caribbean Property Fund rose 96 cents to $41 with 50 stock units changing hands. First Rock Capital gained 40 cents to close at $16.50 in switching ownership of 58,298 units, Jamaica Broilers finished 49 cents higher at $30 in trading 39,230 shares, Jamaica Producers declined $1 to $22 after trading 15,304 stock units. Kingston Wharves fell $1.09 to $43.90 with the swapping of 14,722 units. Mayberry Investments shed 28 cents to close at $5.35, with 16,479 shares crossing the exchange, Mayberry Jamaican Equities shed 49 cents to end at $7.50 in transferring 3,306 stocks, NCB Financial gained 60 cents in closing at $142.50, with 246,999 shares changing hands. 138 Student Living gained 24 cents in ending at $5.40, after clearing the market with 15,702 shares, Pan Jam Investment declined by $1 to $66 with the swapping of 794 units, Proven Investments advanced $1.50 to $34.50 in exchanging 72,037 stock units. Pulse Investments shed 28 cents to close at $4.14 after trading 496,531 units, Scotia Group dropped $3.59 to close at $40.11, with 29,893 stocks crossing the market, Seprod shed $1 to end at $72 in exchanging 17,660 stock units and Wisynco Group lost 49 cents to close at $15.03, with 216,294 units clearing the market.

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, Community & Workers Credit Union, 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, 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Stocks pulled back on JSE Main market

March 17, 2021 by IC Insider.com

Trading on Wednesday ended with the market indices retreating after 37 percent fewer dollars went after modestly fewer shares than on Tuesday at the close of the Jamaica Stock Exchange Main Market as the market continues to consolidate ahead of any new major information to move prices out of the current trading range.
The All Jamaican Composite Index declined 2,779.81 points to 433,804.38, the Main Index fell 2,520.23 points to 395,489.77 and the JSE Financial Index lost 0.86 points to settle at 99.09.
Overall 47 securities traded, up from 45 on Tuesday and closed with prices of 17 rising, 16 declining and 14 remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 7,798,057 shares for $48,760,883, down from 7,896,941 units at $77,929,873 on Tuesday. Transjamaican Highway led trading with 26.5 percent of total volume, in exchanging 2.06 million shares followed by Key Insurance with 16.7 percent for 1.30 million units, Wigton Windfarm with 14.3 percent for 1.12 million units and Ciboney Group with 14.1 percent of the day’s trade for 1.10 million units, with the price climbing back to 52 cents.
Trading averaged 165,916 units at $1,037,466, compared to 175,488 shares at $1,731,775 on Tuesday. Trading month to date averaged 257,553 units at $2,251,139, in contrast to 265,470 units at $2,355,997 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Grace Kennedy gained 32 cents to close at $88.97 in trading 106,957 shares, well below the price of JS$110, the stock traded at in Trinidad, Jamaica Broilers lost 49 cents to end at $29.51, with 13,135 stock units crossing the exchange. Jamaica Stock Exchange shed 60 cents in closing at $17.90 in switching ownership of 13,100 units, Key Insurance gained 60 cents to $5.58 with an exchange of 1,299,649 shares, NCB Financial declined $3.10 to $141.90 trading 12,235 units. 138 Student Living shed 78 cents to end at $5.16, with 8,477 stocks changing hands, Palace Amusement dropped $69 to close at $630 in switching ownership of 609 stock units, Pan Jam Investment shed 50 cents to $67 with a transfer of 7,825 stocks. Sagicor Group ended 38 cents higher at $48.88 after exchanging 155,797 shares. Sagicor Real Estate Fund rose $1.11 to $8.32, with 476 stocks clearing the market, Salada Foods climbed $2.80 to $44.50 in trading 2,804 units. Scotia Group gained 70 cents to end at $43.70, with 41,169 stocks crossing the market, Seprod closed 99 cents higher at $73 in switching ownership of 4,342 units and Wisynco Group declined 20 cents to $15.52 after exchanging 140,490 units.

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, Community & Workers Credit Union, 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Gains for JSE Main market

March 16, 2021 by IC Insider.com

Stocks trading on Tuesday ended with the market indices rising, with the volume and values traded declining 22 percent and 18 percent respectively from Monday’s levels at the close of the Jamaica Stock Exchange Main Market as trading levels remain below normal.
The All Jamaican Composite Index climbed 2,301.07 points to 436,584.19, the JSE Main Index advanced 2,049.07 points to end at 398,010.00 and the JSE Financial Index rose 0.72 points to 99.95.
Trading ended with 45 securities, down from 48 on Monday and closed with prices of 16 stocks rising, 16 declining and 13 remaining unchanged. The PE Ratio averages 19.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 7,896,941 shares for $77,929,873 compared to 10,151,888 units at $94,956,792 on Monday. Wigton Windfarm led trading with 38.1 percent of total volume, after an exchange of 3 million shares, followed by Transjamaican Highway with 12.1 percent for 953,214 units and Sagicor Select Financial Fund with 8.7 percent for 686,412 units.
Trading averaged 175,488 units at $1,731,775, down from 211,498 shares at $1,978,267 on Monday. Month to date trading averaged 265,470 units at $2,355,997, versus 273,584 units at $2,412,290 on Monday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Cement advanced 57 cents to $69 trading 7,841 stock units, Eppley Caribbean Property Fund shed 96 cents to end at $40.04 with 1,987 stocks crossing the market, First Rock Capital rose 79 cents to $16 trading 12,000 units, Grace Kennedy climbed $2.39 to $88.65 in the swapping of 45,795 shares. Jamaica Producers advanced $1.25 to $23 with 8,160 stocks changing hands, JMMB Group ended $1.14 higher at $32.99 with a transfer of 98,413 shares, Kingston Wharves rose 99 cents to $44.99 in exchanging 20 stock units. NCB Financial climbed $3 to $145 trading 129,630 stock units, PanJam Investment shed 50 cents to close at $67.50 after an exchange of 541 units, Proven Investments declined 50 cents to close at $33 with 31,285 shares changing hands. Sagicor Real Estate Fund fell 99 cents to $7.21, after clearing the market with 820 stocks, Salada Foods shed 80 cents to end at $41.70 with 23,847 stocks crossing the exchange, Scotia Group fell $1 to $43, transferring 293,556 shares. Seprod advanced $1.31 to $72.01 with investors switching ownership of 26,824 stock units and Supreme Ventures lost 41 cents to close at $15 after trading 127,248 stocks.

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, 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Majors lose ground for a second day

March 15, 2021 by IC Insider.com

Trading activity on Monday ended with more stocks declining than rising, with the market indices falling for a second consecutive day, with an exchange of slightly fewer shares than on Friday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index dropped 1,195.51 points to 434,283.12, the Main Index declined 1,077.34 points to 395,960.93 and the JSE Financial Index slipped 0.03 points to 99.23.
Trading ended with 48 securities, up from 46 on Friday and closed with prices of 14 stocks rising, 22 declining and 12 remaining unchanged. The PE Ratio averages 19.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 10,151,888 shares for $94,956,792 compared to 10,947,226 units at $107,461,042 on Friday. Sagicor Select Manufacturing & Distribution Fund led trading with 17.1 percent of total volume, in exchanging 1.74 million shares, followed by Transjamaican Highway with 16.8 percent for 1.71 million units and Wisynco Group with 10.6 percent after 1.07 million units changed hands.
Trading for the day averaged 211,498 units at $1,978,267, compared to an average of 237,983 shares at $2,336,110 on Friday. Month to date trading averaged 273,377 units at $2,408,769, in contrast to 280,192 units at $2,458,483 on Friday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 45 cents to close at $80.05, trading 3,386 shares. Berger Paints slipped 34 cents to end at $13.20 after an exchange of 2,430 stock units, Caribbean Cement finished 47 cents lower at $68.43 trading 7,500 units, Carreras fell 93 cents to $9.07 with 771,565 shares changing hands. Eppley rose 40 cents to $29.90, with switching ownership of 657 stocks, First Rock Capital shed 79 cents to $15.21, with 5,500 shares crossing the market. Grace Kennedy dropped $5.69 to $86.26 with the swapping of 89,880 stock units, Jamaica Broilers lost 20 cents in closing at $30 after 148,307 shares crossed the exchange, Jamaica Producers declined $1.10 to $21.75 trading 11,390 stocks. Jamaica Stock Exchange slipped 49 cents to $18.36 after a transfer of 7,606 units, JMMB Group fell $1.05 to $31.85 in an exchange of 607,113 shares, Kingston Wharves shed 99 cents to close at $44 in trading 7,807 shares, Mayberry Jamaican Equities rose 50 cents to $8.10 with 421 stock units changing hands. PanJam Investment climbed $6 to $68, with 542 stock units crossing the exchange, Sagicor Group declined $1.40 to $48.49, with 269,556 shares changing hands.

Salada Foods lost 25 cents to close at $42.50 in a transfer of 7,326 units, Seprod fell 30 cents to $70.70 with 12,198 stock units crossing the exchange. Supreme Ventures shed 54 cents to end at $15.41 in swapping 8,467 shares and Wisynco Group closed 25 cents lower at $15.60, trading 1,072,382 shares.
In the preference segment, JMMB Group 7% rose 28 cents to $2.12 with an exchange of 32,878 stock units and JMMB Group 7.25% gained 14 cents to close at $1.86 trading 23,850 units.

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