JSE Major moved higher

Trading on the Main Market of Jamaica Stock exchange closed with a rise in the market indices as the volume and value of stock trading declined below Friday’s levels.
At the close, the JSE All Jamaican Composite Index advanced 2,805.56 points to close at 536,338.30, the JSE Market Index gained 2,384.71 points to 488,257.67, but the JSE Financial Index lost 0.01 point to 132.16.
The market closed, with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 15 declining and 9 trading firm. The JSE Main Market activity ended with 40 securities accounting for 19,925,654 units valued at $93,234,047 in contrast to 25,935,878 units valued at $106,383,024 from 41 securities on Friday.
Sagicor Select Financial Fund led trading with 7.4 million shares for 37.3 percent of total volume. Wigton Windfarm followed with 4.95 million units for 25 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund closed with 2.2 million shares changing hands with 11.2 percent of the market’s volume. Other stocks trading more than one million units are Wisynco Group with 1.3 million units and JMMB 7.5% preference share close with 1 million trading at a 52 weeks’ low of 65 cents.
The Market closed with an average of 498,141 units valued at $2,330,851 for each security traded, in contrast to 632,582 units valued at an average of $2,594,708 on Friday. The average volume and value for the month to date amount to 669,236 units valued at $2,542,170 for each security changing hands, compared to 684,825 units valued at $2,563,408 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times the 2019 earnings.
In the prime market, Berger Paints closed at $17, with gains of 49 cents after exchanging 11,000 shares, Caribbean Cement lost 75 cents to end at $70, in transferring 57,763 shares, Grace Kennedy gained $2.50 to settle at $70.50, with 11,298 shares changing hands. Jamaica Producers closed $1.50 lower to $24.50 in swapping 13,023 shares, Jamaica Stock Exchange rose $1.97 to $32, trading 21,606 shares, JMMB Group ended at $45.55, after gaining $1.85 exchanging 249,600 shares. Kingston Wharves climbed $4.60 to $61.60, in transferring 10,534 units, Mayberry Jamaican Equities gained 70 cents trading 23,070 shares and closed at $9.70, MPC Caribbean Clean Energy nosedived to $150, after falling $30 with an exchange of 1,325 units. NCB Financial added $2 to settle at $187, in swapping 25,640 shares, PanJam Investment closed 34 cents higher at $99.37, with 21,924 shares changing hands, Proven Investments ended at $48, with gains of 75 cents trading 10,828 shares. Pulse Investments lost 60 cents to end at $11.50, in transferring 273,348 shares, Sagicor Group closed $2.17 higher to $69.69 while exchanging 16,358 shares, Seprod settled at $46, after a loss of 50 cents in transferring 27,670 shares, Stanley Motta lost 74 cents to close at $5.01 trading 18,913 units. Supreme Ventures advanced by $1.47 to $23.17, with 11,455 shares changing hands and Victoria Mutual Investments lost 40 cents to close at $10, with an exchange of 275,878 shares. In the preference segment, Productivity Business Solution lost $5 to close at $100, with 1,001,825 shares crossing the exchange.
Trading in the US dollar market ended with 1,597 units valued at over US$330. The market index rose 1.73 points to close at 230.63. Proven Investments gained half of 1 cent to close at 31 US cents after transferring 500 units and Sygnus Credit Investments exchanged 1,097 units at 16 US cents.

Prices of securities trading are those at which the last trade took place.

More gains for Main Market

The Jamaica Stock Exchange closed with slightly more stocks rising than falling, leading to gains in the Main Market indices at the close on Friday as more investment dollars entered the market than on Thursday.
At the close of trading, the JSE All Jamaican Composite Index advanced 2,205.30 points to close at 533,532.74, the JSE Market Index added 2,005.08 points to 485,872.96 and the JSE Financial Index gained 0.85 points to 132.17.
The market closed with 44 securities changing hands in the Main and US dollar markets with the prices of 16 advancing, 15 declining and 13 trading firm. The JSE Main Market activity ended with 41 securities changing hands accounting for 25,935,878 units valued at $106,383,024 in contrast to 32,214,496 units valued at $74,997,715 from 42 securities on Thursday.
Wigton Windfarm ended trading with 10.3 million shares for 40 percent of total volume, followed by Sagicor Select Financial Fund with 9.2 million units for 36 percent of the day’s trade and Sagicor Select Manufacturing and Distribution with 2.2 million shares for 8 percent of the market’s volume. QWI Investments was the only other stock trading more than one million units, ending the day’s trade with 1.1 million units.
The Market closed with an average of 632,582 units valued at an average of $2,594,708 for each security traded, in contrast to 805,362 units valued at an average of $1,874,943 on Thursday. The average volume and value for the month to date amount to 684,825 units valued at $2,563,408 for each security changing hands compared to 690,207 units valued at $2,559,814 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.6, while the Main Market ended at 18.8 times the 2019 earnings.
In the Main Market, Caribbean Cement added 75 cents to settle at $70.75, with 1,950 shares changing hands, Jamaica Producers closed $2 higher at $26 in trading 15,145 shares, Jamaica Stock Exchange lost 96 cents transferring 24,516 shares and ended at $30.03. Kingston Wharves dropped to $57, with a loss of $4.85 in swapping just 887 units, Mayberry Investments closed 60 cents lower at $7.50, in exchanging 2,991 shares, Mayberry Jamaican Equities traded 4,200 shares at $9, after losing $1.05. NCB Financial gained 50 cents to settle at $185, in transferring 153,378 shares, PanJam Investment lost 97 cents to close at $99.03, with an exchange of 9,603 shares, Proven Investments ended at $47.25, with a loss of $1.25 with 13,725 shares changing hands. Pulse Investments climbed $2.12 to close at a 52 weeks’ high of $12.10, in transferring 435,669 shares, Sagicor Group declined $1.23 to $67.52 while trading 22,052 shares, Salada Foods gained $3 to end at $35, in an exchange of 144 units, Seprod closed 49 cents lower to $46.50, with 78,103 shares changing hands. Stanley Motta swapped 269,383 shares at $5.75, after gaining 75 cents, Sygnus Credit Investments added 50 cents to close at $24.50, in transferring 10,080 shares and Wisynco Group ended 50 cents lower at $22.50, with an exchange of 180,962 shares.
Trading in the US dollar market ended with 228,960 units valued US$67,649. The market index dipped 1.11 points to close at 228.90. Proven Investments lost half of 1 cent to close at 30.50 US cents in exchanging 213,980 units, Sygnus Credit Investments transferred 14,557 units at 16 US cents and Sterling Investments gained 0.3 cents after trading 423 units to settle at 2.7 US cents.

Prices of securities trading are those at which the last trade took place.

Main Market breaks losing streak decisively

Stock prices bounced at the close of trading on the Jamaica Stock Exchange on Thursday with the JSE All Jamaican Composite Index surging 4,721.23 points to 531,327.44, the JSE Market Index climbed 4,335.34 points to 483,867.88 and the JSE Financial Index rose just 0.70 points to end at 131.32.
Thursday’s gains were only the second day since February started that the Main Market indices recorded gains. The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 17 declining and 7 trading firm. The JSE Main Market activity ended with 40 securities accounting for 32,214,496 units valued at $74,997,715 in contrast to 47,859,089 units valued at $86,800,194 from 42 securities on Wednesday.
Wigton Windfarm dominated trading with 14.4 million shares for 45 percent of total volume, followed by Sagicor Select Financial Fund with 12.7 million units for 39 percent of the day’s trade and QWI Investments with 1.7 million shares for 5 percent of the market’s volume.
 The Market closed with an average of 805,362 units valued at an average of $1,874,943 for each security traded, in contrast to 1,139,502 units valued at an average of $2,066,671 on Wednesday. The average volume and value for the month to date amount to 690,207 units valued $2,559,814 for each security changing hands compared to 677,341 units valued at $2,646,233 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times the 2019 earnings.
In the prime market, Barita Investments closed $1 lower to $69, with an exchange of 8,842 shares, Caribbean Cement climbed $2.91 to $70, after trading 28,342 shares, Eppley lost 50 cents to end at $13.50, in transferring 1,845 units, Eppley Caribbean Property Fund advanced to $42, with gains of $5 after exchanging 6,791 shares. Grace Kennedy lost 50 cents and closed at $68, with 9,357 units changing hands, Jamaica Broilers ended at $33.80, with a loss of 60 cents trading 33,073 shares, Jamaica Stock Exchange rose $1.99 to settle at $30.99 in transferring 26,431 shares. JMMB Group lost $1 to close at $43.50, with 156,628 units trading. Kingston Wharves advanced by $6.85 to $61.85, with a mere 150 units traded, Mayberry Investments gained 92 cents to end at $8.10, in exchanging 75,325 shares, MPC Caribbean Clean Energy tumbled by $14.50 to $180, after swapping 298 units. NCB Financial settled at $184.50, with a loss of 50 cents transferring 49,078 shares, Pulse Investments ended $1.08 higher to $9.98, with 285,756 shares changing hands, Sagicor Group closed at $68.75, losing $1.25 in trading 46,397 shares. Scotia Group gained 50 cents to end at $54, in transferring 86,072 units, Seprod closed 99 cents higher to $46.99, with 12,565 shares traded, Supreme Ventures ended at $21.70, after losing 30 cents exchanging 90,508 units. Sygnus Credit Investments gained 78 cents trading 24,120 units in closing at $24 and Wisynco Group ended the day’s trade 40 cents higher at $23, with 197,788 units changing hands.
Trading in the US dollar market ended with 24,037 units valued at over US$6,341. The market index soared 13.22 points to close at 230.01. Proven Investments gained 4 cents to close at 31 US cents in trading 16,635 units and Sygnus Credit Investments lost 1 cent to end at 16 US cents, with an exchange of 7,402 units.

JSE volume rises index down

Add your HTML code here...

Trading on the Jamaica Stock Exchange Main market on Wednesday closed with, high volume but the value was low at 42 percent below the average level for January
At the close, the JSE All Jamaican Composite Index fell 624.98 points to close at 526,606.21, the JSE Market Index lost 565.71 points to 479,532.54 and the JSE Financial Index was unchanged at 130.62.
The market, closed with 44 securities changing hands in the Main and US dollar markets with the prices of 16 advancing, 19 declining and 9 trading firm. The market ended with 138 Student Living preference share closing at a 52 weeks’ low while Sagicor Select Financial Fund traded at an intraday low of 80 cents. The JSE Main Market activity ended with 42 securities accounting for 47,859,089 units valued at $86,800,194 in contrast to 27,628,819 units valued at $81,726,949 from 38 securities on Tuesday.
 Wigton Windfarm dominated trading with 28.7 million shares for 60 percent of total volume. Sagicor Select Financial Fund with 13.3 million units for 28 percent of the day’s trade followed and Sagicor Select Manufacturing and Distribution with 2.7 million shares, for 6 percent of the market’s volume. QWI Investments with 1.6 million shares changing hands was the only other stock trading more than one million units.
 The Market closed with an average of 1,139,502 units for $2,066,671 for each security traded, in contrast to 727,074 units valued at an average of $2,150,709 on Tuesday. The average volume and value for the month to date amount to 677,341 units valued at $2,646,233 for each security changing hands, compared to 615,914 units valued at $2,734,748 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
 IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 19.1, while the Main Market ended at 18.3 times 2019 earnings.
In the Main Market, Barita Investments added $1.49 to end at $70 with 39,642 shares changing hands, Caribbean Cement closed 71 cents lower at $67.09, in swapping 9,907 units, Grace Kennedy gained $1.50 and rose to $68.50 in transferring 17,588 stock units. Jamaica Broilers ended at $34.40, with gains of 60 cents in exchanging 6,287 shares, Jamaica Producers lost 49 cents to settle at $24.01 trading 4,073 shares, JMMB Group closed $1.40 higher to $44.50, in swapping 81,036 units. Kingston Properties gained $1.13 to close at $6, with an exchange of 8,734 stock units, Kingston Wharves dropped $5 to settle at $55 after transferring 10,641 units. NCB Financial rose $2.99  to $185, with 44,515 crossing the exchange, PanJam Investment ended at $100, with gains of $1.50 after trading 1,480 units. Proven Investments climbed $2.60 to $48.60, with 8,092 shares changing hands, Pulse Investments slid $1.10 to settle at $8.90 while transferring 62,885 shares, Sagicor Group gained $1 and advanced to $70, trading 121,142 stock units. Sagicor Real Estate Fund closed 30 cents higher at $9, in transferring 18,931 units, Stanley Motta dipped 50 cents to $5, with 29,253 shares traded. Supreme Ventures ended at $22, after gaining 45 cents and exchanging 32,493 units and Sygnus Credit Investments lost 94 cents exchanging 44,599 units and ending the day’s trade at $23.22. 138 Student Living preference share, lost 50 cents to close at a 52 weeks’ low of $5 while trading just 236 units.
Trading in the US dollar market ended with 30,458 units for US$8,252. The market index declined 12.14 points to close at 216.79. Proven Investments lost 4 cents to close at 27 US cents trading 30,332 units and Sygnus Credit Investments gained 1.6 cents to end at 17 US cents, with an exchange of 126 units.

More corrections for Main Market

The Main Market of the Jamaica Stock Exchange stretched its losing streak into the fourth day the JSE All Jamaican Composite Index shedding 2,281.59 points to close at 531,067.72, the JSE Market Index falling 2,132.31 points to 483,587.41.
At the close of trading, JSE Financial Index lost just 0.18 points to close at 131.54, a reflection that stocks in this segment of the market remain relatively stable on Thursday.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 14 advancing, 16 declining and 15 trading firm. The JSE Main Market activity ended with 41 securities accounting for 49,111,069 units valued at $124,613,707 in contrast to 12,415,818 units valued at $141,179,331 from 43 securities on Wednesday.
Sagicor Select Financial Fund dominated trading with 24.3 million shares for 49.5 percent of total volume, followed by Wigton Windfarm with 12.3 million units for 25 percent of the day’s trade, and QWI Investments with 5.9 million shares for 12 percent of the market’s volume. Sagicor Select Manufacturing and Distribution was the only stock trading more than 1 million units, ending the day with 4.3 million shares.
The Market closed with an average of 1,197,409 units valued at an average of $3,035,972 for each security traded, in contrast to 288,740 units valued at an average of $3,283,240 on Wednesday. The average volume and value for the month to date amount to 669,453 units valued at $2,538,839 for each security changing hands compared to 489,068 units valued at 2,376,829 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
 IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and three with lower offers. The PE ratio of the market ended at 19.4, while the Main Market ended at 18.7 times the 2019 earnings.
In the Main Market, Barita Investments gained $1.90 to close at $70, after exchanging 20,047 shares, Eppley lost 40 cents to settle at $13.80 after trading 195 units, Eppley Caribbean Property Fund slid to $37.50, with a loss of $3.57 swapping 6,340 shares. Jamaica Broilers closed $1 lower to $34, with 41,583 shares changing hands, Jamaica Stock Exchange gained 50 cents trading 81,502 shares to close at $31, JMMB Group declined by $3 to $43, in transferring 112,651 shares. Kingston Wharves climbed $2.40 to $63.47, with an exchange of 3,773 units. MPC Caribbean Clean Energy dropped $6, ending at $190 after 858 units changed hands, NCB Financial lost $2 to end at $187, in trading 211,865 shares, PanJam Investment lost $1 to settle at $100, with an exchange of 3,124 shares. Proven Investments rose to $47, with gains of $2.50 in trading 9,744 units, Pulse Investments closed at $7.50, climbing $1.50 after a transfer of 510,319 shares, Sagicor Group gained 50 cents to end at $66.50, with 23,173 shares crossing the market. Scotia Group dropped $1.50 after trading 150,064 shares to close at $53, Stanley Motta rose 70 cents to $5.75 trading 6,768 shares and Sygnus Credit Investments lost $1 to end at $24.50, with 29,744 shares changing hands.
Trading in the US dollar market ended with 9,740 units valued at over US$2,707, with the market index declining 2.16 points to close at 220.57. JMMB Group 5.75% preference share traded 230 units at US$2, JMMB Group 6% preference share exchanged 21 units at US$1, Proven Investments gained 1.3 cents to close at 28.5 US cents, with 5,260 units changing hands and Sygnus Credit Investments closed at 17.99 US cents, after transferring 4,229 units.

JSE Main Market 3 days 16,000 points plunge

Jamaica Stock Exchange Main Market plunged at the close of trading on Wednesday and, in the process, pulled JSE All Jamaican Composite Index down 16,165 points in three days and the JSE Market Index down by 14,744 points.
At the close of the market on Wednesday, the JSE All Jamaican Composite Index dived 6,722.84 points to close at 533,349.31, the JSE Market Index declined 6,069.73 points to 485,719.72 and the JSE Financial Index fell 1.22 points to 131.72. At the close, and Portland JSX closed at 52 weeks’ high while 138 Student Living traded at a 52 weeks’ intraday high of $6 and QWI investments closed at a 52 weeks’ low of 88 cents.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 13 advancing, 22 declining and 10 trading firm. The JSE Main Market activity ended with 43 securities trading and accounting for 12,415,818 units valued at $141,179,331 in contrast to 17,558,523 units valued at $50,385,050 from 37 securities changing hands on Tuesday.
Wigton Windfarm led trading with 3.4 million shares for 27 percent of total volume, followed by QWI Investments Limited with 2.5 million units for 20 percent of the day’s trade and Sagicor Select Manufacturing and Distribution with 2.4 million shares for 19 percent of the market’s volume. Sagicor Select Financial Fund was the sole stock trading more than 1 million units ending the day with 1.8 million shares.
The Market closed with an average of 288,740 units valued at an average of $3,283,240 for each security traded, in contrast to 474,555 units valued at an average of $1,361,758 on Tuesday. The average volume and value for the month to date amount to 489,068 units valued at 2,376,829 for each security changing hands compared to 600,940 units valued at 1,856,625 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending with bids higher than their last selling prices and three with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times 2019 earnings.
In the Main Market, Barita Investments shed $1.90 in settling at $68.10, with 18,336 units changing hands, Caribbean Cement slid to $67.09, losing $2.91 in transferring 7,543 shares, Eppley Caribbean Property Fund climbed $4.07 to $41.07 trading 12,165 shares, Grace Kennedy dropped $4.49 to end at $69.51, after swapping 665,580 shares. Jamaica Broilers lost 99 cents exchanging 5,511 shares in closing at $35, Jamaica Stock Exchange slid to $30.50 with a loss of $1.50 trading 42,453 shares, JMMB Group lost 40 cents to close at $46 while transferring 141,054 shares. Mayberry Jamaican Equities ended at $10.60, after losing 40 cents exchanging 18,785 shares, MPC Caribbean Clean Energy climbed $6 to $196, after swapping 2,000 units, PanJam Investment closed $1 higher to $101, with 28,085 shares changing hands, Proven Investments dropped $4.50 to settle at $44.50, after trading 18,085 units. Sagicor Group fell by $1 to $66, in exchanging 23,432 shares, Sagicor Real Estate Fund lost 60 cents and closed at $9, after transferring 9,650 units, Salada Foods lost $1 to end at $30, with and exchange of 4,400 shares Scotia. Group moved 78,726 shares at $54.50, after falling $2.50, Seprod lost 93 cents to finish at $45.07 after a swap of 5,521 shares, Sygnus Credit Investments gained $1 to end at $25.50, with 47,837 shares changing hands. Victoria Mutual Investments closed at $10.27, with a loss of 67 cents while trading 188,182 shares and Wisynco Group lost 50 cents, transferring 70,723 units to end the day’s trading at $22.50.
Trading in the US dollar market ended with 36,279 units valued at over US$10,361. The market index dropped 12.49 points to close at 222.73. Proven Investments lost 4.3 cents to close at 27.2 US cents exchanging 35,743 shares and Sygnus Credit Investments gained 1 cent trading 986 units, to end at 18 US cents.

JSE Main Market dives again

The Jamaica Stock Exchange Main Market indices dropped back again on Tuesday after suffering pulling back on Monday, with more than twice the number of stocks declining versus those advancing.
At the close, the JSE All Jamaican Composite Index declined 4,862.18 points to close at 540,072.15, the JSE Market Index fell 4,352.68 points to 491,789.45 and the JSE Financial Index lost 0.45 points to 132.94.
The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 9 advancing, 23 declining and 10 trading firm. The JSE Main Market activity ended with 37 securities accounting for 17,558,523 units for a sum of $50,385,050 in contrast to 28,713,834 units valued at $92,575,039 from 40 securities on Monday.
 Sagicor Select Financial Fund dominated trading with 7.7 million shares for 44 percent of total volume, followed by Wigton Windfarm with 5.8 million units for 33 percent of the day’s trade, and Sagicor Select Manufacturing and Distribution Fund with 1.86 million shares for 10.6 percent of the market’s volume. QWI Investments was the sole stock trading more than 1 million units ending the day with an exchange of 1.2 million units.
 The Market closed with an average of 474,555 units valued at an average of $1,361,758 for each security traded, in contrast to 717,846 units valued at an average of $2,314,376 on Monday. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 19.6, while the Main Market ended at 18.8 times 2019 earnings.
In the prime market, Barita Investments closed $1.50 lower to $70, after transferring 20,290 units, Caribbean Cement shed $4 to end at $70, with an exchange of 3,166 shares, Jamaica Broilers gained $1.99 in swapping 11,044 stock units and closed at $35.99. Jamaica Producers lost $1 to settle at $25 trading 18,659 shares, Jamaica Stock Exchange gained $1.50, rising to $32 with 86,224 units changing hands, JMMB Group climbed to $46.40, after rising 40 cents in transferring 93,611 shares. Kingston Wharves dived $8 to $61 while trading 7,712 stock units, MPC Caribbean Clean Energy declined $5 to $190, in exchanging 212 shares, 138 Student Living closed 72 cents higher at $4.97 after trading 33,100 stock units. PanJam Investment lost $1 to close at $100 in transferring 13,154 shares, Pulse Investments ended 41 cents lower to $6.06, after trading 22,656 units, Sagicor Group dropped $1 to $67, after swapping 31,808 stock units. Salada Foods lost $1 to close at $31, with 1,130 shares changing hands, Scotia Group transferred 4,797 units at $46, after losing $1, Seprod closed $1 lower at $46 after exchanging 4,797 shares. Supreme Ventures declined $1.35 to end at $21.60, in swapping 9,714 units, Sygnus Credit Investments shed $2 to $24.50, with 21,007 shares changing hands and Victoria Mutual Investments gained 84 cents to end at $10.94, in trading 106,620 shares.
Trading in the US dollar market ended with 216,868 units valued at over US$36,463. The market index climbed 1.31 points to close at 235.22. JMMB Group 6% preference share closed with an exchange of 184 units at US$1, Margaritaville gained 4 US cents after trading 288 units at 35 US cents. Proven Investments lost half of a cent to close at 31.5 US cents trading 12,408 shares, Sterling Investments ended at 2.4 US cents after losing 0.6 of a cent, in transferring 25,378 shares and Sygnus Credit Investments gained half of a cent to close at 17 US cents.

JSE Main Market drops back – Monday

Main Market of the Jamaica Stock Exchange suffered a sharp decline in prices of some stocks at the close of trading on Monday, as prices adjust from the end of month price-fixing on Friday gone.  
At the close, Sagicor Group sustained dropped $11.95 and erased the $10.95 gained of Friday. MPC Caribbean Clean Energy shed $7 followed by Eppley Caribbean Property Fund and Jamaica Broilers with losses of $4.53 and $4.75, respectively.
At the close, the JSE All Jamaican Composite Index dropped 4,579.73 points to close at 544,934.33, the JSE Market Index declined 4,321.20 points to 496,142.13 and the JSE Financial Index slid 2.26 points to 133.39.
The market closed with 44 securities changing hands in the Main and US dollar markets with the prices of 13 advancing, 20 declining and 11 trading firm. The JSE Main Market activity ended with 40 securities accounting for 28,713,834 units for $92,575,039 in contrast to 25,178,696 units valued at $85,865,743 from 41 securities on Friday.
 Wigton Windfarm led trading with 12.4 million shares for 43 percent of total volume, followed by Sagicor Select Financial Fund with 7.4 million units for 26 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 5.7 million shares for 20 percent of the market’s volume. QWI Investments exchanged 1.24 million units and was the only other stock trading more than one million shares on Monday.
 The Market closed with an average of 717,846 units valued at an average of $2,314,376 for each security traded, in contrast to 614,115 units valued at an average of $2,094,286 on Friday. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times 2019 earnings.
In the Main Market, Barita Investments gained 50 cents to close at $71.50 after exchanging 5,705 units, Caribbean Cement ended 50 cents lower to settle at $74 trading 9,203 shares, Eppley Caribbean Property Fund dropped $4.53 to $37, with 6,610 units changing hands. Grace Kennedy closed at $74, after losing 50 cents in transferring 17,183 shares, Jamaica Broilers lost $4.75 to end at $34 in swapping 112,264 units, Jamaica Stock Exchange shed $1.50 to settle at $30.50 trading 12,476 shares. JMMB Group lost 50 cents to end at $46, in transferring 69,116 shares. Kingston Properties slid $1.30 to $6.20, after exchanging 8,009 shares, Kingston Wharves advanced $3 to end at $69, with 141 units traded, MPC Caribbean Clean Energy tumbled to $195, with a loss of $7 after swapping 121 units. PanJam Investment gained $1 in transferring 2,697 shares and closed at $101, Proven Investments closed 60 cents lower at $49, with 3,166 shares changing hands, Sagicor Group plunged to $68, after losing $11.95 trading 75,067 shares, Scotia Group gained $1.30 to settle at $57 transferring 244,916 shares. Seprod closed 90 cents higher at $47, exchanging 17,379 shares. Stanley Motta lost 71 cents to end at $5, in swapping 6,000 units, Victoria Mutual Investments ended at $10.10, with a loss of 60 cents trading 151,461 shares and Wisynco Group closed the day’s trade at $23, after falling 35 cents in transferring 106,046 shares.
Trading in the US dollar market ended with 12,708 units valued at over US$11,897. The market index gained 3.43 points to close at 233.91. JMMB Group 5.75 % preference share closed at US$2 with 5,000 units changing hands, Proven Investments exchanged 4,377 shares at 32 US cents, Sterling Investments swapped 395 units at 3 US cents and Sygnus Credit Investments gained 0.5 US cents to settle at 0.165 US cents in trading 2,936 shares.

Volatile price movement

Volatility continues to hit the Jamaica stock market, with Sagicor Group jumping $10.95, Caribbean Cement rising $5.50, Eppley Carib Fund rising $4.53 and Scotia Group increasing by $1.70 on Friday, as the JSE Main Market continues to consolidate.
The Main Market of the continued to trek upward, with the JSE All Jamaican Composite Index advancing 1,739.78 points to close at 549,514.06, the JSE Market Index added 1,697.56 points to 500,463.33 and the JSE Financial Index gained 0.78 points to 135.65.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 16 declining and 11 trading firm. The JSE Main Market activity ended with 41 securities accounting for 25,178,696 units valued at $85,865,743 in contrast to 15,500,355 units valued at $47,239,549 from 38 securities on Thursday.
Wigton Windfarm dominated trading with 11.7 million shares for 47 percent of total volume. Sagicor Select Financial Fund followed with 7.1 million units for 28 percent of the day’s trade, and QWI Investments with 1.8 million shares for 7 percent of the market’s volume.
The Market closed with an average of 614,115 units valued at an average of $2,094,286 for each security traded, in contrast to 407,904 units at $1,243,146 on Thursday. The average volume and value for the month to date amounts to 626,134 units valued at $3,511,981 for each security changing hands, compared to 626,696 units valued at $3,584,638 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 16 stocks ending with bids higher than their last selling prices and one closing with lower offers. The PE ratio of the market ended at 20, while the Main Market ended at 19.3 times 2019 earnings.
In the Main Market, Barita Investments closed $1 lower to $71, with 24,067 shares changing hands, Caribbean Cement advanced $5.50 to $74.50 trading 50,898 shares. Eppley Caribbean Property Fund climbed $4.53 to $41.53 transferring 3,400 units, Jamaica Broilers jumped $3.75 to $38.75, in swapping 101,867 units, Jamaica Producers ended $1 higher to $26, with an exchange of 12,360 units, Jamaica Stock Exchange gained $1.50 to settle at $32 trading 14,194 shares. JMMB Group rose 50 cents to $46.50, in exchanging 60,083 shares, Kingston Wharves dropped $2 to end at $66, in transferring 4,310 units, Mayberry Jamaican Equities gained 70 cents to close at $11.20, with 749,858 shares changing hands. NCB Financial declined by 57 cents to $188.98, after with 55,928 shares changing hands, PanJam Investment lost 90 cents transferring 9,892 shares and closed at $100, Sagicor Group soared $10.95 to $79.95 in exchanging 61,692 shares. Scotia Group closed at $55.70, after gaining $1.70 after swapping 31,812 shares, Seprod lost 90 cents transferring 15,552 shares to end at $46.10, Sygnus Credit Investments closed 50 cents higher to $26.50, with an exchange of 37,121 shares and Victoria Mutual Investments ended the day’s at $10.70, after rising 92 cents and trading 207,567 units.
Trading in the US dollar market ended with 235,954 units valued at over US$135,101. The market index slipped 1.73 points to close at 230.48. JMMB Group 5.75 % preference share lost 10 US cents to close at US$2 after trading 2,785 units, JMMB Group 6 % preference share ended 4 US cents lower after swapping 82,532 units and settled at US$1. Margaritaville traded 3,000 units at 31 US cents, after losing 1 cent and Proven Investments lost 1 cent to end at 32 US cents in transferring 147,637 units.

JSE Main Market volume drops

Volume trading on the Main Market of the Jamaica Stock Exchange fell sharply to half of Wednesday’s level while the value of all stocks trading fell to just 15 percent of that on Wednesday.
The JSE Main Market activity ended with 38 securities accounting for 15,500,355 units valued at just $47,239,549 in contrast to 31,689,008 units valued at $315,401,563 from 37 securities on Wednesday.
At the close, the JSE All Jamaican Composite Index advanced 2,193.77 points to 547,774.28, the JSE Market Index added 1,969.79 points to close at 498,765.77 and the JSE Financial Index gained 0.22 points to end at 134.87.
Trading closed with 42 securities changing hands in the Main and US dollar markets with the prices of 8 advancing, 26 declining and eight trading firm.
Wigton Windfarm dominated trading with 7.6 million shares for 49 percent of total volume, followed by Sagicor Select Financial Fund with 3.7 million units for 24 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 1.2 million shares for 7.6 percent of market volume. QWI Investments, with 1.015 million shares, was the only other stock trading more than one million units.
The market closed with an average of 407,904 units at $1,243,146 for each security traded, in contrast to 856,460 units valued at an average of $8,524,367 on Wednesday. The average volume and value for the month to date amounts to 626,696 units valued at $3,584,638for each security changing hands, compared to 636,606 units valued at $3,530,001 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times the 2019 earnings.
In the Main Market, Barita Investments climbed $2 to $72 in transferring 42,496 shares, Berger Paints lost 50 cents to close at $16.50, with an exchange of just 90 units, Caribbean Cement settled at $69, having lost $1 in trading 2,432 shares. Grace Kennedy lost 39 cents to close at $74.61, with 5,584 units changing hands, Jamaica Producers gained 50 cents to end at $25, after transferring 3,024 units, Jamaica Stock Exchange dropped $2.30 to settle at $30.50 trading 98,732 shares. JMMB Group slipped $1 to $46, with an exchange of 86,252 shares, Mayberry Jamaican Equities closed $1 lower to $10.50 transferring 21,350 shares, MPC Caribbean Clean Energy fell $6 to end at $202, after swapping 106 units. NCB Financial Group declined by 25 cents to  $189.55, after exchanging 20,814 shares, Sagicor Group ended at $69, after a loss of $1, in trading 71,403 stock units, Sagicor Real Estate Fund gained 80 cents to settle at $9.80, with 204,747 shares changing hands. Seprod lost $1 transferring 10,826 shares to close at $47, Sygnus Credit Investments closed 50 cents lower to $26, with an exchange of 2,474 shares and Victoria Mutual Investments ended the day’s trade at $9.78, after losing 75 cents in trading 329,895 units.
Trading in the US dollar market ended with 34,345 units valued at over US$11,249. The market index declined 5.47 points to close at 232.21. JMMB Group 5.75% preference share closed at US$2.10, with 1,600 units changing hands. Margaritaville Turks traded 14,000 units at 32 US cents, Proven Investments lost 2 US cents to settle at 31 US cents after transferring 3,745 units and Sygnus Credit Investments gained just under 1 US cent in trading 15,000 units to end at 16 US cents.