Barita Investments was the dominant traded at the close of market activity on Monday, with an exchange of just over 19 million shares with a value of $1.6 billion as the market ended with modest rises in the indices after the number of shares exchanged climbed 88 percent carrying a value 2021 percent higher than on Friday on the Jamaica Stock Exchange Main Market.
Barita Investments headquarters
The All Jamaican Composite Index squeezed out a rise of 230.52 points to settle at 456,748.77, the Main Index eked out a 95.36 points rally to 416,824.11 and the JSE Financial Index popped just 0.09 points to 102.59.
Trading ended with a total of 49 securities changing hands compared to 46 on Friday, with 19 stocks rising, 22 declining and eight remaining unchanged. The PE Ratio, a measure that computes appropriate stock values, averages 15.8 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 32,951,304 shares trading worth $1,845,967,733 versus 17,455,607 units at $87,019,322 on Friday. Barita Investments led trading with 58.8 percent of total volume for an exchange of 19.38 million shares and accounting for 58.8 percent of total volume, followed by Transjamaican Highway with 10.1 percent for 3.33 million units, Jamaica Broilers cornered 9.2 percent, with 3.02 million units, Wigton Windfarm had 6.3 percent for 2.08 million units and Radio Jamaica ended with 3.5 percent after trading 1.15 million units.
Trading averaged 672,476 units at $37,672,811, compared to 379,470 shares at $1,891,724 on Friday. Trading month to date averages 245,797 units at $5,512,406, in contrast to 192,325 units at $1,482,074 on Friday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments spiked $7.24 to $90.24 with an exchange of 19,379,347 shares, Berger Paints gained 22 cents in ending at $13.74 after trading 54,600 stock units, Caribbean Cement fell $3.49 to $90.50, with the swapping of 7,931 stocks. Caribbean Producers dipped 36 cents $4.64 in transferring 13,326 units, Eppley rose $1.42 to $41.86 with 4,938 stock units crossing the market, First Rock Capital shed $1.50 to $12 with 29,541 stocks clearing the market, GraceKennedy fell $2 to $101 in switching ownership of 637,615 shares. Guardian Holdings slid $5 to $615 in trading 766 units, Jamaica Broilers lost 26 cents to end at $36.20 with 3,023,439 shares changing hands, Jamaica Producers rallied $1.98 to $23.48 in trading 6,300 stock units. JMMB Group declined $2.25 to $37.75 with 280,003 stocks crossing the exchange after trading at an intraday high of $43.47, Kingston Properties popped 20 cents to $9.50 after exchanging 1,301 stocks, Margaritaville popped $1.67 to $15.27 in an exchange of 5,047 shares, Mayberry Investments rose 45 cents to $6.20 in transferring 64,783 stock units. MPC Caribbean Clean Energy dropped $17.80 to $120 with an exchange of 2,500 units, NCB Financial spiked $7.50 to $139.50 after 35,309 stocks crossed the exchange, PanJam Investment shed 58 cents to $62.42 with 14,151 stock units clearing the market. 
Proven Investments slipped $1.10 to $34.40 in exchanging 16,665 shares, Radio Jamaica gained 36 cents to close at a 52 weeks’ high of $2.61 with the swapping of 1,149,429 shares, Sagicor Group lost 40 cents t close at $57.50 with an exchange of 46,317 stock units, Salada Foods rallied 30 cents to $7.50 with the swapping of 21,230 shares, Scotia Group rose 70 cents to $40.30 with 7,222 stocks crossing the exchange. Seprod advanced $3 to $69 with 6,412 units changing hands, Stanley Motta dipped 58 cents to $5.41 in transferring 4,000 stock units and Supreme Ventures dipped 43 cents to $18.56 with 19,369 shares changing hands.
In the preference segment, Productive Business Solutions 9.75% preference share plunged $24.50 to $80.50 with 510 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading averaged 379,470 units at $1,891,724, up from 186,829 shares at $859,293 on Thursday. Trading month to date averages 192,325 units at $1,482,074, in contrast to 167,373 units at $1,427,454 on Thursday. July ended with an average of 322,932 units at $15,201,099.
Pulse Investments fell 40 cents to $3.50 with the swapping of 679,437 shares, Salada Foods lost 59 cents in ending at $7.20 in an exchange of 52,240 stock units, after posting results that exceeded that of 2020 but well below amounts required to support the stock at recently elevated prices, Scotia Group shed 20 cents in closing at $39.60 and trading 72,819 stocks and Seprod fell $2.90 to $66 with 5,713 shares clearing the market.
The Jamaica stock market closed on Thursday with the market recovering some of Wednesday’s losses, with the movement not strong enough to wipe those losses even as the market moved well above Wednesday’s close in early morning trading, by the close, declining stocks clobbered advancing more than two to one, with the volume and value of shares traded falling 26 percent and 67 percent respectively compared to Wednesday, on the Jamaica Stock Exchange Main Market. 
Trading averaged 186,829 units at $859,293, compared to 264,717 shares at $2,753,192 on Wednesday. Trading month to date averages 167,373 units at $1,427,454, in contrast to 164,075 units at $1,523,753 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
Mayberry Jamaican Equities gained 25 cents to close at $9.20 after exchanging 2,000 units, MPC Caribbean Clean Energy rose 80 cents to $137.80 in trading 4 stock units, Palace Amusement plunged $105.24 to $1,033.76, with a transfer of 10 shares. PanJam Investment shed 94 cents to end at $63.05 after 7,828 stocks crossed the market, Proven Investments fell 59 cents to $34.41 in exchanging 1,507 stock units, Radio Jamaica gained 15 cents to close at $2.15, with 1,690,453 share changing hands, Sagicor Group spiked $1.04 to $57.90 with 124,380 shares clearing the market and Scotia Group fell $1.40 to $39.80 in trading 2,942 stock units.
At the close, the All Jamaican Composite Index plunged 1,490.87 points to 455,894.84, the Main Index dived 1,960.9 points to 416,088.17 and the JSE Financial Index lost 0.68 points to settle at 101.74.
264,717 units at $2,753,192, up from 108,192 shares at $461,546 on Tuesday. Trading month to date averages 164,075 units at $1,523,753, compared to 144,517 units at $1,284,834 on Tuesday. July ended with an average of 322,932 units at $15,201,099.
Kingston Wharves shed 24 cents to close at $47.76 with an exchange of 6,338 shares, Mayberry Investments spiked $1.50 to end at $7 in exchanging 72,196 units. NCB Financial popped $2.90 to $135.50 with 32,146 stock units changing hands, Palace Amusement dropped $11 to $1,139 with a transfer of two shares. Sagicor Group rallied 81 cents to $56.86 in an exchange of 10,978 stocks, Seprod shed 90 cents to close at $69 with the trading of 8,692 stock units, Supreme Ventures slipped 95 cents to $19, with 81,840 shares clearing the market and Wisynco Group gained 29 cents to close at $15.95 after exchanging 949,997 stock units.
At the close, the All Jamaican Composite Index rose 200.20 points to 457,385.71, the JSE Main Index popped 148.16 points to end at 418,049.14, and the JSE Financial Index shed 0.03 points to 102.42.
Trading averaged 108,192 units at $461,546, compared to 199,394 shares at $1,473,633 on Monday. Trading month to date averages 144,517 units at $1,284,834, in contrast to 153,737 units at $1,493,790 on Monday. July ended with an average of 322,932 units at $15,201,099.
Palace Amusement spiked $116.24 to $1,150 in switching ownership of 2 stock units, Pan Jam Investment rose 95 cents to $64 with an exchange of 700 stocks, Pulse Investments slipped 20 cents to $3.76 in transferring 238,941 shares, Sagicor Group dropped $2.45 to $56.05 with the swapping of 8,209 stock units, Salada Foods fell 25 cents to $7.75 in trading 80,748 shares. Scotia Group advanced $1.90 $41.20 after clearing the market of 4,197 shares, Seprod rose 88 cents to $69.90 in trading 5,876 stock units and Victoria Mutual Investments lost 20 cents to close at $5.80 with 22,233 stocks crossing the market.
The All Jamaican Composite Index dropped 3,947.10 points to 457,185.51, the Main Index dived 3,831.32 points to 417,900.98 and the JSE Financial Index slipped 1.06 points to end at 102.45.
At the close, Berger Paints fell $1.04 to $12.70 after exchanging 200 shares, Eppley spiked 72 cents to $39 in an exchange of 1,254 units, First Rock Capital fell 32 cents to end at $14.05 in exchanging 292 stock units. GraceKennedy popped $6.25 to $104, with 228,414 shares crossing the market, Guardian Holdings shed $10 to $630 with the swapping of 10,588 stocks, Jamaica Producers declined $1 in closing at $22 trading 3,769 stock units. JMMB Group rallied 28 cents to close at $37.78, with 163,033 shares clearing the market, Kingston Wharves lost $1 to end at $48 while exchanging 2,388 units. Mayberry Jamaican Equities dropped 47 cents to $8.50 after trading 8,501 units, NCB Financial Group shed $6.29 to close at $131.21 after an exchange of 82,261 stock units. 138 Student Living rallied 65 cents to $5.10, with 64,807 shares changing hands, Palace Amusement dropped $28.24 to $1033.76, with an exchange of 8 stocks, Pulse Investments rose 21 cents in closing at $3.96 trading 214,612 stock units. Sagicor Group popped 55 cents to $58.50 in exchanging 7,219 shares, Salada Foods gained 20 cents ending at $8, with 5,912 stocks crossing the market. 
Scotia Group fell 20 cents to $39.30 in switching ownership of 202,916 stock units, Seprod dropped 98 cents to $69.02, with 1,945 units crossing the market, Stanley Motta spiked 69 cents to $5.99 after 4,878 stocks crossed the exchange and Sygnus Credit Investments rallied 72 cents to $15, with 73,359 shares changing hands.
The top three stocks in the Junior Market, continue to be Elite Diagnostic, followed by Caribbean Assurance Brokers and Medical Disposables, with the potential to gain between 256 percent and 336 percent compared to 221 and 287 percent, last week. Medical Disposables continues the addition of new products to its portfolio that will add revenues and profit going forward. The acquisition of the 60 percent majority ownership in Cornwall Enterprises, will result in economies of scale and an expanded portfolio to market nationally to an expanded clientele.
The Top10 Main Market leader Radio Jamaica continues to enjoy buying interest that is whittling away the supply of stocks on offer in the market. A barrage of new results are due this coming week as the final reporting day for the period will be Saturday this coming week.
The JSE Main Market ended the week with an overall PE of 16.3, a little distance from the 19 the market ended at in March, suggesting a 17 percent rise at a PE of 19 and 23 percent at a PE of 20 from now to March 2022. The Main Market TOP 10 trades at a PE of 7.5, with a 54 percent discount to the PE of that market, well off the potential of 20.
IC ranked stocks to filter out the big winners, allowing investors to focus on potentially big winners and help to keep out emotional attachments to stocks.
Trading averaged 132,356 units at $1,500,551, compared to 137,862 shares at $2,230,311 on Wednesday. Trading month to date averages 138,207 units at $1,500,646, in contrast to 141,133units at $1,500,693 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
NCB Financial shed $1 to $137.50 with an exchange of 34,163 units, Palace Amusement popped $22 to $1,062 after 7 stocks cleared the market, PanJam Investment dipped 95 cents to $63.05 with the swapping of 10,963 stock units. Proven Investments lost 34 cents to settle at $34.95 in switching ownership of 15,264 units, Pulse Investments dipped 26 cents to $3.75 in trading 261,984 stock units, Sagicor Group spiked 95 cents to end at $57.95 after exchanging 224,934 shares. Salada Foods lost 20 cents to close at $7.80 with 9,199 units clearing the market. Scotia Group declined $2.50 to $39.50 in trading 646,232 shares, Seprod fell $1 to $70 after an exchange of 3,401 stock units, Supreme Ventures shed 50 cents in closing at $20 with 76,037 stocks changing hands and Sygnus Credit Investments slipped 52 cents to $14.28 with 75,437 stock units crossing the market.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
PanJam Investment shed $1 to close at $64 in trading 3,648 stocks, Pulse Investments fell 20 cents to $3.80 with 20,645 shares clearing the market. Sagicor Group shed $2 to settle at $56 with 71,600 stocks changing hands, Scotia Group fell $1 to $41 after crossing the exchange with 9,844 units, Stanley Motta shed 45 cents at $5.30 with a transfer of 38,239 stocks, Supreme Ventures popped 20 cents to $20.20 in trading 27,025 units and Sygnus Credit Investments lost 28 cents to close at $14.22 in switching ownership of 30,162 stocks.
The All Jamaican Composite Index added just 48.11 points to end at 460,076.56, the JSE Main Index shed 405.69 points to finish at 420,886.99 and the JSE Financial Index slipped 0.23 points to 103.72. 
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and two with lower offers.
Sagicor Group declined $1 to $55 with 57,606 stock units crossing the market, Scotia Group spiked 50 cents to $41.50 with 446 units clearing the market and Supreme Ventures shed 50 cents at $20 in switching ownership of 10,621 stocks.