Ciboney stunning rise clocks gains of 783%

Ciboney continues to create waves in the Jamaican financial market. The price closed at a fresh new multi-year high not seen since 1993. In Wednesday’s trading on the Jamaica Stock Exchange Main Market, the stock last traded at $2.13 with year to date gain of 783 percent.

New record high for the JSE Junior Market.

Trading on Wednesday with the market rising modestly, with 47 securities changing hands, down from 46 on Tuesday and closed with 18 rising, 16 declining and 13 remaining unchanged.
The All Jamaican Composite Index advanced 173.69 points to 430,236.99, the Main Index rose 148.82 points to 392,387.19 and the JSE Financial Index shed 0.33 points to close at 99.80.
The PE Ratio averages 16.9 based on ICInsider.com forecast of 2020-21 earnings.
Some 45 percent more shares traded with a 17 percent dip in value than on Tuesday as 29,447,608 shares traded for $158,590,501 compared to 20,247,118 units at $191,400,586 on Tuesday. Pulse Investments led trading with 47.5 percent of total volume, after 13.98 million shares changed hands, followed by Sagicor Select Manufacturing & Distribution Fund 17.9 percent with 5.27 million, Transjamaican Highway accounted for 13.8 percent with 4.06 million units, Ciboney Group chipped in 5.1 percent for 1.52 million units and Sagicor Select Financial Fund 4.2 percent with 1.25 million units.
Trading for the day averaged 626,545 units at $3,374,266, compared to 440,155 shares at $4,160,882 on Tuesday. Trading month to date averaged 403,340 units at $2,586,520 for each security, in contrast to 389,008 units at $2,535,940 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has eleven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Caribbean Cement lost 50 cents to finish at $62.50 in transferring 51,901 shares, Carreras rose 39 cents to $7.70, with the swapping of 211,134 stock units, Ciboney Group closed 41 cents higher at a 36 years record of $2.12, with 1,515,402 units crossing the market. Eppley climbed $3 to $28, with an exchange of 9,867 stock units, Eppley Caribbean Property Fund fell 52 cents to $41, with 8,710 stock units crossing the market, Grace Kennedy advanced $3.50 to $80, with 530,278 units changing hands. JMMB Group gained 44 cents to end at $33, in trading 50,399 shares, Key Insurance ended 39 cents lower at $5, after exchanging 74,836 stock units, Kingston Wharves dipped 30 cents to $46.20, with a transfer of 11,753 stocks. Mayberry Investments lost 21 cents to end at $5.29, after an exchange of 42,700 stock units, Mayberry Jamaican Equities slipped 23 cents to $7, in an exchange of 7,762 shares, 138 Student Living fell $1.40 to $5.10 in exchanging two shares. Palace Amusement fell $199.90 to a 52 weeks’ low of $800, with 380 stocks crossing the market, Sagicor Group gained 31 cents to end at $51.31, in an exchange of 12,316 stocks, Salada Foods rose $1.51 to $41.50, with the swapping of 4,036 shares. Scotia Group closed 75 cents higher at $42.50, with 267,313 stock units crossing the exchange, Seprod advanced $1.54 to $69.54 trading 26,590 shares, Stanley Motta lost 35 cents to close at $5 in exchanging 31,207 units. Sygnus Credit Investments advanced 99 cents to $15.49 after transferring 70,560 stock units and Wisynco Group rose 90 cents to $16.45, with investors switching ownership of 73,639 shares.

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

Ciboney stunning 613% two months’ gain

Ciboney Group continued its extraordinary run by climbing 31 cents to finish at a new multi-year high of $1.71 on Tuesday with trading 1,438,112 units being bought by stock market investors as they pushed the gains for the year to date to 613 percent, with the stock being the leading winner of on the market so far in 2021.
Trading ended with stocks playing hopscotch, one day up one day down, on the Jamaica Stock Exchange Main Market, with the market declining after almost the same number of stocks rose as fell. The value of trading climbed 202 percent, with only 23 percent more shares exchanged than on Monday.
The All Jamaican Composite Index lost 513.21 points to end at 430,063.30, the Main Index shed 464.43 points to 392,238.37 and the JSE Financial Index lost 0.33 points to settle at 100.13.
Trading ended with 46 securities changing hands, down from 47 on Monday and closed with 19 stocks rising, 20 declining and seven remaining unchanged. The PE Ratio averages 17 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders swapped 20,247,118 shares for $191,400,586 up from 16,438,991 units at $63,472,730 on Monday. Transjamaican Highway led trading with 24.1 percent of total volume, after an exchange of 4.88 million shares followed by Sagicor Select Financial Fund 16.9 percent with 3.41 million units, Wigton Windfarm 11.3 percent for 2.29 million units. QWI Investments ended with 9.8 percent of the day’s trade for 1.99 million units, Ciboney Group 7.1 percent for 1.44 million units, Sagicor Manufacturing & Distribution Fund with 6 percent for 1.22 million units and Grace Kennedy with 5.2 percent market share for 1.05 million units.
Trading for the day averaged 440,155 units at $4,160,882, versus 349,766 shares at $1,350,484 on Monday. Trading month to date averaged 389,008 units at $2,535,940, in contrast to 385,578 units at $2,426,979 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Eppley finished 90 cents higher at $25 in trading 30,782 shares. Grace Kennedy shed 50 cents to $76.50, after clearing the market with 1,052,007 stocks. Jamaica Producers gained 20 cents in closing at $20.20, with 2,209 stocks changing hands. Jamaica Stock Exchange advanced $1.15 to $18.86, with 17,936 units crossing the exchange, JMMB Group ended 44 cents lower at $32.56 after transferring 44,530 shares, Kingston Wharves climbed $1.50 to $46.50 after an exchange of 2,500 stocks. 138 Student Living rose 45 cents to $6.50 after exchanging 8,916 units, PanJam Investment shed 50 cents to end at $65, in switching ownership of 43,014 shares, Proven Investments lost 33 cents to $37.20 trading 11,441 stock units, Sagicor Group fell 70 cents to $51 with 20,215 stocks clearing the market. Salada Foods advanced $2.99 to $39.99, with the swapping of 40,380 units, Scotia Group declined by $1.25 to $41.75, after exchanging 132,995 shares, Seprod shed $1 in closing at $68 with 3,164 stock units changing hands. Sygnus Credit Investments fell $1.10 to $14.50, in exchanging 51,037 units and Wisynco Group shed 95 cents to close at $15.55, with 94,561 shares changing hands.
In the preference segment, Eppley 8.75% preference share shed 55 cents in closing at $6.85, with 634 units crossing the market.

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

Ciboney’s extraordinary run to new high

The volume of stocks trading climbed 20 percent above Tuesday’s level but with 51 percent less dollars chasing stocks, with Ciboney accounting for a third of the volume and hitting a new multi-year high, in continuation of an extraordinary run for the stock in recent weeks, after the Jamaica Stock Exchange Main Market resumed activity on Thursday, following the closure for the Ash Wednesday holiday.

Ciboney traded at a new 52 weeks’ high of $1.03.

The All Jamaican Composite Index rose 530.13 points to close at 429,893.90, the Main Index advanced 648.27 points to 392,156.46 and the JSE Financial Index lost 0.14 points to close at 100.15.
Trading ended with 49 securities changing hands, up from 45 on Tuesday and closed with prices of 17 stocks rising, 21 declining and 11 remaining unchanged.
The PE Ratio averages 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 11,779,247 shares for $46,765,256 versus 9,841,467 units at $95,818,004 on Tuesday. Ciboney led trading with 32.3 percent of total volume, after an exchange of 3.8 million shares at a new multi-year high of $1.03 and closing with the bid at $1.07. Transjamaican Highway followed with 14.6 percent for 1.72 million units, Sagicor Select Financial Fund 14.5 percent with 1.70 million units changing hands and QWI Investments accounted for 9.3 percent of volume traded with 1.1 million units.
Trading for the day averaged 240,393 units at $954,393 for each security, compared to an average of 218,699 units at $2,129,289 on Tuesday. Month to date averages 399,327 units at $2,608,760 for each security, in contrast to 413,643 units at $2,752,324 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has 14 stocks ending with bids higher than their last selling prices and one with a lower offer.
At the 1 PM close, Berger Paints fell 88 cents to $13.01 with 9,279 stocks traded, Caribbean Cement shed $1.49 to finish at $61.50, with 3,874 units changing hands. Carreras lost 25 cents to end at $7, after exchanging 901,960 shares, Eppley climbed $1.72 to $24.70, with 12,456 stock units clearing the market, First Rock fell 50 cents to $15.50 with investors swapping 18,565 stocks. Grace Kennedy fell $2 to $77 with 33,896 units changing hands, Jamaica Producers dipped 33 cents to $20.01 with 2,694 shares traded, Kingston Wharves jumped $3 to $48, with an exchange of 2,609 stock units. Mayberry Equities advanced 60 cents to $7.20 with a transfer of 500 stocks, MPC Caribbean Energy jumped $20.99 to $156 with 500 shares traded. NCB Financial gained 50 cents to close at $140 with 51,047 stocks changing hands, 138 Student Living dipped 35 cents to $5.05 with a transfer of 5,317 shares, Palace Amusement dropped $92.99 to $907 with an exchange of 37 units, Portland JSX climbed 39 cents to $8.40 with 6,360 shares trading. Proven Investments increased $1.49 to $37.99 with 600 stocks traded, Sagicor Group shed $1.70 in closing at $50 with 50,015 units changing hands, Seprod gained $2 to settle at $69 with an exchange of 29,388 stock units. Sygnus Credit Investments rose 35 cents to $14.90, trading 54,293 units and Victoria Mutual Investments advanced 27 cents to $5.80 with 139,146 shares crossing the exchange.
In the preference segmentEppley 8.25% fell by 85 cents to $6.50 with 24,003 units changing hands and Eppley 8.75% lost 40 cents to $7 with an exchange of 2,003 shares.

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

Grounds lost by JSE Majors

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Stocks gave back much of the gains generated on Wednesday with a loss of 77 percent of the gains in the market indices on Thursday at the close of the Jamaica Stock Exchange Main Market after 66 percent fewer shares were exchanged at half the values of Wednesday traded.
At the close, the All Jamaican Composite Index declined by 2,490.53 points to 423,264.65, the Main Index shed 2,253.82 points to 385,973.65 and the JSE Financial Index gained 0.19 points to settle at 98.48.
Trading ended with 44 securities changing hands, down from 48 on Wednesday and closed with prices of 21 stocks rising, 15 declining and eight remaining unchanged. The PE Ratio closed with an average of 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 14,742,217 shares for $112,092,139 compared to 43,738,990 units at $240,182,541 on Wednesday. QWI Investments led trading with 29.1 percent of total volume, after exchanging 4.29 million shares followed by Wigton Windfarm with 26.7 percent for 3.92 million units, Sagicor Select Manufacturing & Distribution Fund with 10.6 percent with 1.57 million units and Transjamaican Highway with 7.1 percent of the day’s trade for 1.04 million units.
Trading for the day averaged 335,050 units at $2,547,549, down from 911,229 shares at $5,003,803 on Wednesday. The month to date averaged 437,301 units at $2,661,756, in contrast to 449,559 units at $2,675,448 on Wednesday. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments rose $1.06 to close at $80, with 588,158 stock units clearing the market, Caribbean Cement fell $1.89 to $60.11 with 4,366 shares changing hands. Ciboney Group rose 3 cents in closing at a 52 weeks’ high of 44 cents in an exchange of 238,374 stock units, Eppley advanced $1.95 to $21.95, trading 3,055 units. Grace Kennedy climbed $3 to a 52 weeks’ high of $85 after exchanging 75,489 stocks, Jamaica Broilers gained 45 cents to close at $27 transferring 216,267 shares, Jamaica Producers slipped 80 cents to $19.70 with the swapping of 201,327 units. Jamaica Stock Exchange gained $1.14 to end at $18.80 trading 11,400 stocks, Kingston Wharves declined by $1.50 to $46.50 after 160 shares crossed the market, NCB Financial rose $1 to close at $137, in exchanging 50,970 stock units. PanJam Investment finished $1.19 higher at $66.19 trading 3,371 units, Portland JSX shed 79 cents to $8.01 with an exchange of 6,410 stock units, Proven Investments closed 60 cents lower at $37.40, trading 7,985 units. Salada Foods rose 90 cents to end at $40.90 with 4,399 stock units changing hands, Scotia Group fell $1.50 to $42.50 after exchanging 147,223 stocks, Seprod declined by $1.01 to $65.01 trading 16,487 stocks. Supreme Ventures slid $1.10 to $16, in transferring 113,376 stock units and Victoria Mutual Investments lost 28 cents to close at $5.51 after crossing the market with 6,600 shares.
In the preference segment, Eppley 8.25% rose $1 to close at $8 with 3,529 units clearing the market and Productive Business Solutions 9.75% preference share gained 50 cents to end at $110.50 with one stock unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Wednesday bounce

Stocks regained some of the ground lost on Tuesday with the volume of shares traded rising 162 percent and values climbing 200 percent over Tuesday as advancing stocks edged out declining ones, with the market closing with three securities ending at 52 weeks’ highs.
At the close, the All Jamaican Composite Index rose 3,222.51 points to 425,755.18, the Main Index advanced by 2,902.45 points to 388,227.47 and the JSE Financial Index lost 0.01 points to settle at 98.29.
Trading ended with 48 securities changing hands, up from 44 on Tuesday and closed with 22 stocks rising, 21 declining and five remaining unchanged. The PE Ratio closed with an average of 16.5 based on ICInsider.com forecast of 2020-21 earnings.
Traders exchanged 43,738,990 shares for $240,182,541 compared to 16,697,777 units at $80,072,023 on Tuesday. Pulse Investments led trading with 66.8 percent of total volume, after an exchange of 29.23 million shares followed by Transjamaican Highway with 8.5 percent for 3.71 million units. Wigton Windfarm ended with 7.9 percent of the day’s trade for 3.47 million units, QWI Investments with 5.6 percent for 2.46 million units and Sagicor Select Financial Fund with 4 percent for 1.77 million units changing hands.
Trading for the day averaged 911,229 units at $5,003,803, compared to 379,495 shares at $1,819,819 on Tuesday. The month to date averaged 449,559 units at $2,675,448, in contrast to 380,091 units at $2,325,100 on the prior trading day. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments fell $1.07 to $78.94 trading 87,793 shares, Berger Paints lost 39 cents to end at $13.50, with 2,685 stock units crossing the market, Caribbean Cement rose $2 to $62 in exchanging 45,633 shares. Ciboney Group carved out a gain of 6 cents in closing at a 52 weeks’ high of 41 cents in exchanging 705,294 stock units, Eppley fell $2.50 to settle at $20, in switching the ownership of 18,191 stock units, First Rock Capital climbed $1 to $15 trading 77,450 stocks. Grace Kennedy advanced $4.20 to a 52 weeks’ high of $82 with 294,737 shares clearing the market, Jamaica Broilers dropped $2.53 in closing at $26.55 after transferring 67,862 stock units, Jamaica Producers ended at $20.50, with gains of 80 cents in exchanging 11,994 units. Jamaica Stock Exchange shed 64 cents to finish at $17.66 after investors swapped 17,020 stocks, Kingston Wharves climbed $2.80 to $48 with 3,881 shares changing hands, Mayberry Jamaican Equities lost 39 cents to end at $6.85 with the swapping of 437 shares. MPC Caribbean Clean Energy fell $2.99 to close at $137.01 in an exchange of 328 stock units, NCB Financial rose $1 to $136 in trading 201,278 units, Palace Amusement jumped $50 to close at $1,050 in trading one unit. Pan Jam Investment fell by $1.30 to $65 with 7,378 stocks changing hands, Portland JSX rose $1.70 to $8.80 with an exchange of 100 shares, Proven Investments shed 73 cents to finish at $38 after crossing the market with 15,620 units. QWI Investments gained 10 cents in closing at a 52 weeks’ high of $1.20 in an exchange of 2,464,374 units, Sagicor Group gained $1.25 to close at $50.25 exchanging 5,218 stocks, Salada Foods declined by $3.90 to settle at $40 trading 118,884 shares and Seprod lost $2.20 and closed at $66.02, after exchanging 18,328 stocks.
In the preference segment, Community & Workers Credit Union gained 23 cents to close at $2.08 with 3,551 shares crossing the market, 138 Student Living preference share shed 80 cents to $5.10, in trading 249 stocks and Eppley 8.75% preference share slid 55 cents to $6.85 trading 73 shares.

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

Trading highest since December

Trading picked up again on Monday, following the highest amount traded for January on Friday as investors placed $269,081,586 in 222 percent more 38,526,662 shares than they did on Friday when 11,980,396 units traded at $215,025,944 on Friday on the Jamaica Stock Exchange Main Market.
Trading ended with 45 securities changing hands compared to 44 on Friday and closed with rising stocks outnumbered declining ones by 62 percent leaving prices of 12 stocks rising, 28 declining and five remaining unchanged. Ciboney traded at a 52 weeks’ high of 26 cents and Palace Amusement fell to a 52 weeks’ low of $950.
The PE Ratio closed with an average of 15.7 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close, the All Jamaican Composite Index dropped 1,954.05 points to 423,300.48, the Main Index fell by 1,717.60 points to 386,220.23 and the JSE Financial Index lost 0.83 points to settle at 98.49.
Carreras led trading with 86.5 percent of total volume, after an exchange of 33.34 million shares followed by Transjamaican Highway with 4.8 percent for 1.86 million and Sagicor Select Manufacturing & Distribution Fund with 2.5 percent for 955,632 units changing hands.
Trading for the day averaged 856,148 units at $5,979,591 for each security, compared to an average of 272,282 shares at $4,886,953 on Friday. Trading in January with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Cement shed 51 cents to close at $60, in exchanging 6,672 shares, Eppley closed 75 cents lower at $22, after clearing the market with 4,031 stock units. Eppley Caribbean Property Fund fell $3.95 to $41.05 after trading 923 units, Grace Kennedy advanced by $1.50 in closing at $74.95, with an exchange of 163,715 shares. Jamaica Stock Exchange slipped $1 to $18.50 after 110,632 stock units changed hands. JMMB Group declined by $1.36 in closing at $31.14 after transferring 13,859 units, Kingston Wharves ended at $45, with a loss of $1.50 trading 7,729 stock units. Mayberry Jamaican Equities shed 59 cents to end at $6.40, in swapping 5,756 stocks, MPC Caribbean Clean Energy declined by $11 to $145, with 1,135 units clearing the market. 138 Student Living ended at $4, with a loss of 45 cents and ownership of 260 stock units switching, Palace Amusement dropped $101 to close at a 52 weeks’ low of $950 in exchange of 67 shares, PanJam Investment fell by $3 to $64, with 16,660 stocks crossing the exchange. Salada Foods rose $1 to close at $38, in exchanging 42,886 stock units, Scotia Group shed 79 cents to finish at $43, with 24,748 shares changing hands. Seprod gained 50 cents to settle at $64 after 6,678 stock units crossed the market, Supreme Ventures lost 49 cents to end at $17 trading 38,797 shares and Sygnus Credit Investments slipped 30 cents to $15.70, after transferring 85,391 shares.
In the preference segment, Eppley 8.25% shed 90 cents to close at $6.10, in exchanging 839 shares.

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

Trading at January peak for JSE majors

Trading broke the $200 million mark for the first time this year on Friday, the last trading day for the in January for Jamaica Stock Exchange Main Market and the only second time for the month that trading value exceeded $110 million in a day when just over $116.6 million worth of shares crossed the market on January 20.
The market closed with 11,980,396 shares, 30 percent more than Thursday and 168 percent more in value at $215,025,944, up from 9,368,496 units at $83,242,802 on Thursday.
Trading averaged 272,282 units at $4,886,953 for each security, compared to an average of 234,212 shares at $2,081,070 on Thursday. The month to date averaged 311,456 units at $1,435,407 for each stock, in contrast to 313,511 units at $1,254,396 on the prior trading day and well off December average of 455,206 units at $7,774,631.
Wigton Windfarm led trading with 19.1 percent of total volume after an exchange of 2.29 million shares followed by Sagicor Select Financial Fund with 14.3 percent for 1.71 million units, Grace Kennedy chipped in with 11.5 percent for 1.38 million units and Transjamaican Highway with 11.4 percent for 1.37 million units.
At the close, the All Jamaican Composite Index climbed 2,827.24 points to 425,254.53, the JSE Main Index rose 2,558.50 to 387,937.83 and the JSE Financial Index added 0.56 points to close at 99.32.
Trading ended with 44 securities changing hands compared to 40 on Thursday and closed with prices of 17 stocks rising, 18 declining and nine remaining unchanged. The average PE Ratio was 16.6 based on ICInsider.com forecast of 2020-21 earnings.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and two with lower offers.
At the market closing, Caribbean Cement dropped $3.99 to $60.51, with a transfer of 27,289 shares. First Rock Capital gained 40 cents to $13.10 after 2,635 units crossed the market. Jamaica Producers closed 40 cents higher at $20, in trading 15,002 stocks. Jamaica Stock Exchange rose 30 cents to $19.50 in trading 129,636 stock units, JMMB Group climbed $1.10 to $32.50, with an exchange of 80,460 shares, Kingston Wharves rose $2.50 $46.50, after switching ownership of 4,238 stocks. Mayberry Investments shed 38 cents to finish at $5.45 in an exchange of 5,232 stock units, 138 Student Living gained 45 cents in ending at $4.45 and trading 4,039 units, Palace Amusement  dropped $164 to close at $1,051, with investors swapping 4 units. Pan Jam Investment declined by $3 to $67, with 134,726 stocks crossing the market, Sagicor Group advanced by $3.01 to $52 after trading 598,948 stock units, Sagicor Real Estate Fund fell 95 cents to $8 in exchanging 19,000 shares. Salada Foods climbed $3 to $37, in swapping of 80,784 units, Scotia Group rose 79 cents to close at $43.79, in an exchange of 28,402 stock units, Sygnus Credit Investments shed 30 cents in closing at $16, with 34,889 units crossing the market and Victoria Mutual Investments lost 30 cents to end at $5.55, with the swapping of 62,867 stocks.
In the preference segment, Eppley 8.25% gained 42 cents to settle at $7, in exchanging 2,081 stocks.

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

Bounce for JSE Main Market

Stocks regained some of the ground lost in Monday’s trading when the market closed on Tuesday after an exchange of 65 percent fewer shares at 23 percent less value than on Monday at the close of the Jamaica Stock Exchange Main Market with more stocks rising than falling
At the close, the All Jamaican Composite Index advanced by 793.87 points to 419,405.38 and the Main Index rose 732.08 points to 382,649.18, and the JSE Financial Index gained 0.60 points to settle at 98.30.
Trading ended with 46 securities changing hands compared to 48 on Monday and closed with prices of 18 stocks rising, 12 declining and 16 remaining unchanged. The PE Ratio closed with an average of 16.5 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with 11,593,159 shares traded for $63,685,850 down from 32,802,782 units at $83,157,380 on Monday. Sagicor Select Financial Fund led trading with 18.3 percent of total volume after an exchange of 2.13 million shares followed by Wigton Windfarm with 16.4 percent for 1.90 million units, QWI Investments accounted for 16.2 percent with 1.88 million units, Carreras with 13.7 percent for 1.59 million units. Transjamaican Highway ended with 12.7 percent for 1.47 million units and Pulse Investments with a 9.2 percent market share for 1.07 million units.
Trading averaged 252,025 units at $1,384,475 for each security, compared to an average of 683,391 shares at $1,732,445 on Monday. The month to date averaged 328,085 units at $1,225,912, in contrast to 333,020 units at $1,215,624 on Monday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Eppley slipped 70 cents to $23, trading 11,150 shares, Grace Kennedy closed 38 cents lower at $67.60 with an exchange of 47,497 stock units, Jamaica Broilers rose $1.06 to $29.11, with 355 shares clearing the market. JMMB Group climbed $1.04 to $33 after 463,646 units crossed the market with, Key Insurance lost 40 cents to end at $6.30, in exchanging 49,080 stock units. Mayberry Jamaican Equities gained 81 cents to finish at $7.14 after 74,800 shares cleared the market, MPC Caribbean Clean Energy advanced by $14 to $156 trading 25 stock units, NCB Financial slid $1.50 to $136, transferring 24,191 units. 138 Student Living shed 45 cents to end at $4, after exchanging 500 stocks, Pan Jam Investment gained 50 cents to close at $66, in an exchange of 2,349 shares, Portland JSX declined $1.25 to $7.10, with 1,000 units crossing the market, Pulse Investments gained 27 cents to $4.80 in exchanging 1,067,423 shares. Sagicor Group rose 85 cents to $47.50, with 156,219 units crossing the market, Sagicor Real Estate Fund gained 70 cents to close at $8.95 trading 500 stocks, Salada Foods fell $3 to $33, with 966 stock units changing hands. Scotia Group fell 50 cents to $44 after the transferring of 20,375 units and Sygnus Credit Investments closed at $16.10, with a loss of $1.80 136,520 stock units changing hands.
In the preference segment, Eppley 8.75% preference share rose 49 cents to $7 trading 55 units.

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

All round gains for JSE Main market

The major market indices rose in trading on Monday after investors expended 32 percent fewer funds in trading 11 percent less volume than on Friday at the close of the Jamaica Stock Exchange Main Market after slightly more shares fell than gained.
At the close, the All Jamaican Composite Index advanced 1,389.55 points to 428,311.48, the Main Index rose 1,200.38 points to 390,612.24 and the JSE Financial Index gained just 0.13 points to 100.59.
Trading ended with 48 securities changing hands compared to 44 on Friday and closed with prices of 18 stocks rising, 22 declining and eight remaining unchanged. The PE Ratio averaged 16.6 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 5,906,893 shares for $25,643,760, down from 6,649,726 units at $37,545,320 on Friday. Wigton Windfarm led trading with 48 percent of total volume for 2.83 million shares followed by Pulse Investments, 11.1 percent with 655,714 units and Transjamaican Highway 10.3 percent with 608,465 shares.
Trading for the day averaged 123,060 units at $534,245, compared to an average of 151,130 shares at $853,303 on Friday. Trading month to date averaged 307,009 units at $1,049,528 for each security, in contrast to 326,985 units at $1,105,486 on Friday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Berger Paints rose 50 cents to $14, after exchanging 51 shares, Eppley gained 55 cents to end at $22.60 trading 3,851 units. Grace Kennedy closed 45 cents higher at $65, finishing with a transfer of 10,801 shares, Jamaica Broilers shed 89 cents to end at $27.50, with an exchange of 18,995 units, Jamaica Producers advanced by $1.40 to $21, in trading 23,808 stock units. JMMB Group ended 96 cents lower at $32.53, with 51,400 stocks crossing the exchange, Kingston Wharves climbed $1.24 to $48, in switching ownership of 4,055 shares, Mayberry Jamaican Equities shed 64 cents to $7.05 trading 16,542 stocks. MPC Caribbean Clean Energy dropped $12.99 to $137.01, in an exchange of 387 stock units, NCB Financial fell by $1 to $138, with the swapping of 39,251 shares, 138 Student Living lost 45 cents to end at $4.44, with 90 stocks changing hands, Palace Amusement declined by $10.10 to $1,089.90, in exchanging 123 stock units. Pan Jam Investment closed at $68, after losing $2.17 and trading 4,017 shares, Sagicor Real Estate Fund rose 70 cents to $8.95, in a transfer of 250 stocks, Salada Foods advanced to $35, with gains of $1.80 in switching ownership of 44,051 stock units. Scotia Group fell $1.90 to $42.10, exchanging 8,179 shares and Seprod gained 30 cents, ending at $63.80 after 10,198 stocks crossed the exchange.
In the preference segment, Eppley 8.75% preference share lost 50 cents in ending at $6.50 and trading 2,000 stock units and Eppley 7.5% preference share shed $1 to close at $6, after exchanging 1,717 units.

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

Friday’s trading halts falling market Index

Stocks prices declining outpaced those rising by a ratio of two to one at close on Friday, but market activity brought modest relief to the Jamaica Stock Exchange Main Market that has been suffering declines for most of the week.
At the close, the All Jamaican Composite Index advanced 909.45 points to 426,921.93, the JSE Main Index rose 665.72 points to 389,411.86, and the JSE Financial Index gained 0.29 points to close at 100.46.
Trading ended with 44 securities changing hands compared to 43 on Thursday and closed with prices of 10 stocks rising, 20 declining and 14 remaining unchanged. The PE Ratio closed with an average of 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 49 percent fewer shares than on Thursday as 6,649,726 shares traded for $37,545,320 compared to 12,956,415 units at $60,027,692 on Thursday. Pulse Investments led trading with 37.8 percent of total volume for 2.52 million shares, followed by QWI Investments with 23.4 percent for 1.55 million units and Transjamaican Highway 13.1 percent, with 871,930 units.
Trading for the day averaged 151,130 units at $853,303, compared to 301,312 shares at $1,395,993 on Thursday. Trading month to date averaged 326,985 units at $1,105,486, in contrast to 346,427 units at $1,133,366 on Thursday. Trading in December averaged 455,206 units at $7,774,631.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of trading, Caribbean Cement fell by $1.30 to end at $62.20, after 5,041 shares cleared the market, Eppley climbed $2.62 to $22.05, with an exchange of 39,312 shares, Eppley Caribbean Property Fund declined by $5 to end at $43 after trading 9,899 units. First Rock Capital shed 35 cents to close at $12.65, in an exchange of 23,397 shares, Grace Kennedy slid 44 cents to $64.55, with 29,798 stock units changing hands, Jamaica Broilers gained 39 cents to end at $28.39, in trading 2,744 units. Jamaica Producers shed 40 cents to $19.60, with swapping of 204,526 stocks, Jamaica Stock Exchange finished at $18.31, after losing 64 cents and transferring 19,484 units, JMMB Group rose 98 cents to $33.49, with investors swapping 45,098 stocks. Kingston Wharves shed 74 cents to end at $46.76, in switching ownership of 425 units, NCB Financial fell $1 to $139, with 37,390 stock units crossing the market, Palace Amusement dropped $200 in closing at $1,100, with an exchange of 39 units. PanJam Investment fell $1.77 to $70.17, in transferring 1,793 units, Salada Foods ended at $33.20, with a loss of $2.80 trading 21,881 stocks, Scotia Group rose $1 to $44, after exchanging 22,377 shares, Seprod shed 70 cents in closing at $63.50, in an exchange of 10,331 stocks and Stanley Motta settled at $5.45, with gains of 39 cents while exchanging 7,231 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.