Market activity on Tuesday closed mixed, with the volume of shares trading rising 97 percent and the value 27 percent higher than on Monday on the Jamaica Stock Exchange Main Market, but rising stocks were less than those declining at the close of the market, as the All Jamaican Composite Index
dropped 871.55 points to 445,867.00, the JSE Main Index advanced 276.58 points to 403,527.57 and the JSE Financial Index added 0.25 points to 97.69.
Trading ended with 53 active securities compared to 46 on Monday, with 18 rising, 25 declining and ten ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.5. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between now and August 2022.
Trading ended with 13,991,296 shares changing hands for $125,864,996 versus 7,105,920 units at $99,181,702 on Monday. Wigton Windfarm led trading with 25.3 percent of total volume for an exchange of 3.54 million shares, followed by Transjamaican Highway with 12.5 percent for 1.75 million units, Radio Jamaica controlled 11.5 percent, with 1.61 million units and Ciboney Group ended with 8.1 percent market share for 1.14 million units.
Trading averages 263,987 units at $2,374,811, compared to 154,477 shares at $2,156,124 on Monday and month to date, an average of 230,226 units at $2,561,837, versus 228,041 units at $2,573,940 on Monday. September closed with an average of 335,669 units at $7,507,404.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints rallied 33 cents to $14.83 with an exchange of 269 stock units, Caribbean Cement advanced $1.50 to $116 after clearing the market of 26,409 stocks. Caribbean Producers rose 50 cents in closing at $7.50 with 290,385 units changing hands, Ciboney Group spiked 21 cents to close at 84 cents in switching ownership of 1,136,330 stocks, Eppley gained 45 cents to end at $37 after swapping of 1,020 units. Eppley Caribbean Property Fund fell $1.99 to $40 in exchanging 1,234 shares, First Rock Capital lost 45 cents to finish at $11.90 after transferring 26,434 stock units, GraceKennedy shed 55 cents to close at $100 in trading 557,522 stocks. Jamaica Broilers declined $1.41 to $28.60 with 16,827 units crossing the exchange, Jamaica Producers popped 60 cents to $24 in switching ownership of 60,779 stock units, Jamaica Stock Exchange shed 60 cents to close at $17 in an exchange of 4,150 shares. JMMB Group slipped 35 cents to $37.90 in transferring 137,795 stocks, Kingston Wharves gained 25 cents in ending at $43.35 after trading 8,675 units, Margaritaville shed 59 cents to $14.30 with the swapping of 1,393 shares. Mayberry Investments gained 47 cents to $5.99 with an exchange of 27,102 stock units, NCB Financial fell $4.97 to $129.01 in switching ownership of 20,383 stocks, 1834 Investments lost 21 cents to settle at 77 cents after crossing the exchange with 490,379 shares, Palace Amusement dropped $9 to end at $1,015 with 21 shares clearing the market. PanJam Investment rallied 55 cents in closing at $64.55 with 2,116 stock units changing hands, Portland JSX popped 50 cents to $8 in trading 400 units,
Proven Investments fell 45 cents to $33.02 after exchanging 931 stocks. Sagicor Group declined $1.57 to $51.40 with 2,912 units clearing the market, Scotia Group dipped 40 cents to $35.10 in exchanging 137,921 shares, Stanley Motta shed 95 cents to end at $4.95 after trading 500,000 stock units and Wisynco Group advanced $3.04 to end at 52 weeks’ high of $18.79 with the swapping of 619,145 shares.
In the preference segment, JMMB Group 7.25% rose 76 cents to end at 52 weeks’ high of $3.64 with 500 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index spiked 3,121.23 points to 446,738.55, the Main Index climbed 2,672.56 points to close at 403,250.99 and the JSE Financial Index gained 0.93 points to end at 97.44.
Trading averages 154,477 units at $2,156,124, compared to 185,973 shares at $1,921,279 on Friday and month to date, an average of 228,041 units at $2,573,940 compared to 232,419 units at $2,598,803 on Friday. September closed with an average of 335,669 units at $7,507,404.
Sagicor Group rose 97 cents to $52.97 with 50,333 units crossing the exchange, Sagicor Real Estate Fund gained 50 cents to $8.50 in switching ownership of 2,542 shares, Seprod picked up 20 cents at $63.70 in an exchange of 10,581 stock units and Sygnus Credit Investments fell 25 cents to $18.40 after 143,800 stocks crossed the market.
The All Jamaican Composite Index slipped 82.69 points to close at 443,617.32, the JSE Main Index dived 2,627.64 points to 400,578.43 and the JSE Financial Index lost 0.94 points to end at 96.51.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and none with lower offers.
PanJam Investment rose 75 cents in closing at $64, with 11,021 units crossing the exchange, Portland JSX declined $2.70 to $7.50 in trading 5,400 stock units, Sagicor Group shed 97 cents in ending at $52 after an exchange of 48,753 stocks. Sagicor Real Estate Fund lost 50 cents to close at $8 with the swapping of 20,200 shares, Seprod advanced $2.60 to $63.50 with a transfer of 4,291 stocks, Stanley Motta rallied 60 cents to $5.90 with the swapping of 8,215 stock units. Sterling Investments gained 20 cents to close at $3 in switching ownership of 18,739 units.
Trading averages 212,990 units at $1,606,341, compared to 204,141 shares at $1,111,397 on Wednesday and month to date, an average of 235,838 units at $2,648,677, compared to 237,543 units at $2,726,463 on Wednesday. September closed with an average of 335,669 units at $7,507,404.
PanJam Investment gained 75 cents to close at $63.25 with 10,917 stocks crossing the market, Pulse Investments lost 27 cents after ending at $4 in an exchange of 47,950 units, Seprod declined $3.08 to $60.90 after 9,342 shares cleared the market and Sterling Investments lost 20 cents to settle at $2.80 with 160,000 stock units crossing the market.
The All Jamaican Composite Index slipped 128.09 points to443,762.67, the JSE Main Index fell 269.20 points to 402,403.83 and the JSE Financial Index lost 0.16 points to end at 96.93.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two with lower offers.
Stanley Motta lost 39 cents in closing at $5.31 with an exchange of 62,150 stock units, Sygnus Credit Investments gained 48 cents to close at $18.48 in switching ownership of 132,157 shares and Sygnus Real Estate Finance lost 40 cents ending at $18 with 821 units changing hands.
Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and five with lower offers.
Sagicor Real Estate Fund popped 40 cents to end at $8.40 in switching ownership of 357 stocks, Scotia Group declined $3.63, ending at a 52 weeks’ low of $33.02 in trading 148,478 stocks, making it an interesting stock to watch and Seprod gained 55 cents to close at $63.80 in a transfer of 11,013 stock units.
The All Jamaican Composite Index advanced 507.43 points to settle at 445,850.64, the JSE Main Index shed 707.68 points to 403,998.83 and the JSE Financial Index rose 0.02 points to end at 98.03.
September closed with an average of 335,669 units at $7,507,404.
Proven Investments gained 38 cents after ending at $33.48, with 3,710 units crossing the market, Sagicor Group advanced $1.97 to $53 with an exchange of 111,784 shares, Sagicor Real Estate Fund lost 50 cents to settle at $8 in trading 15,450 stock units. Scotia Group popped 55 cents to $36.65 with 75,005 stocks crossing the market, Seprod advanced $1.25 in closing at $63.25 with a transfer of 48,064 stock units, Sygnus Credit Investments gained 63 cents to end at $17.80 with 281,612 units changing hands and Sygnus Real Estate Finance gained 40 cents to close at $18.40 in switching ownership of 98 stock units.
Trading averages 132,408 units at $854,799, down from 346,507 shares at $1,779,698 on Wednesday and month to date, an average of 239,708 units at $3,047,095, compared to 251,039 units at $3,278,609 on Wednesday. September closed with an average of 335,669 units at $7,507,404.
NCB Financial gained 50 cents to close at $126 in switching ownership of 36,740 shares, PanJam Investment shed 90 cents ending at $63.50 with 336 units crossing the market, Pulse Investments dipped 49 cents to end at $4.11 after crossing the market with 816,668 stock units. Sagicor Group declined $2.96 in closing at $51.03 with 43,264 units changing hands, Seprod advanced $4.20 to $62 in trading 32,062 shares and Sygnus Real Estate Finance rallied 50 cents to close at $18 with a transfer of 1,914 stocks.
September closed with an average of 335,669 units at $7,507,404.
Scotia Group shed 49 cents to close at a 52 weeks’ low of $36.21 in trading 155,282 stock units, Seprod gained 29 cents to close at $57.80 with the swapping of 46,199 shares and Sterling Investments traded 764,038 shares and gained 21 cents to close at $3.01.
The All Jamaican Composite Index shed 1,515.24 points to 447,353.07, the JSE Main Index dropped 1,445.83 points to 405,664.69 and the JSE Financial Index lost 0.15 points to end at 98.71.
September closed with an average of 335,669 units at $7,507,404.Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and three with lower offers.
Scotia Group declined $2.24 to a 52 week’s low of $36.70 in transferring 167,009 units, Seprod gained 39 cents in closing at $57.51 with 29,054 shares clearing the market and Sygnus Credit Investments picked up 24 cents to end at $17.24 in exchanging 124,241 stocks.