Market activity ended on Friday with the volume of shares trading surging 337 percent higher and the value jumping 158 percent more than on Thursday on the Jamaica Stock Exchange Main Market as rising stocks equaled those declining and driving the market indices higher at the close.
The All Jamaican Composite Index jumped 2,421.50 points to 442,008.68, the JSE Main Index climbed 3,294.94 points to close at 400,464.81 and the JSE Financial Index rose 0.82 points to end at 98.84.
Trading ended with 57 securities up from 55 on Thursday, with 21 rising, 21 slipping and 15 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.6. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
A total of 43,055,479 shares traded for $551,820,655 up sharply from 9,854,246 units at $213,910,310 on Thursday. Wigton Windfarm led trading with 36.2 percent of total volume for an exchange of 15.57 million shares followed by Stanley Motta, 23.5 percent, with 10.11 million units, JMMB Group contributed 15.3 percent for 6.57 million units, Transjamaican Highway, 5.4 percent after trading 2.33 million units,
Radio Jamaica accounted for 4 percent with a transfer of 1.74 million units and Sagicor Select Financial Fund, 2.9 percent after 1.24 million units changing hands.
Trading averages 755,359 units at $9,681,064 compared to 179,168 shares at $3,889,278 on Thursday and month to date, an average of 235,234 units at $2,349,866, compared to 205,968 units at $1,937,351 on the previous day. December closed with an average of 479,143 units at $6,686,322.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement gained 30 cents to settle at $71.50 after exchanging 10,695 shares, Caribbean Producers rallied $2.20 to close at a record high of $20 with 580,139 stocks clearing the market, Eppley advanced $1.50 after ending at $36.50 in exchanging 626 units. Eppley Caribbean Property Fund climbed $4.40 to $42.20 in switching ownership of 226 stock units, GraceKennedy rose $1 to end at $103.50 with 59,146 shares crossing the market, Guardian Holdings popped $17 to end at $550 in trading 3,657 stocks. Jamaica Producers gained 50 cents to close at $23 with 7,351 stock units changing hands, JMMB Group rallied $1.49 to $40.99 with the swapping of 6,570,142 units, Kingston Wharves declined $1.60 to $40 in an exchange of 6,701 stocks.
Margaritaville dropped $4.50 in closing at $18.50 in transferring 538 units, Massy Holdings climbed $256.92 to close at $2,720 with an exchange of 35,938 stock units, Mayberry Investments lost 35 cents to $7.50 in trading 1,005 shares. Palace Amusement fell $5 in closing at $940 with 40 units changing hands, PanJam Investment fell $2.50 to end at $63 in switching ownership of 12,061 stocks, Proven Investments gained 45 cents after ending at $32.45 with the swapping of 27,723 shares and Sagicor Group lost 39 cents to finish at $53.51 in exchanging 1,043,597 stock units.
In the preference segment, JMMB Group 7.25% gained 34 cents in closing at $3.58 with a transfer of 364 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
In the overall market, the volume of shares trading was 58 percent less and the value 28 percent higher than on Wednesday as rising stocks exceeded those declining after 55 securities traded, similar to Wednesday, with 22 rising, 16 declining and 17 ending unchanged.
Overall, 9,854,246 shares were exchanged for $213,910,310 versus 23,550,929 units at $167,256,472 on Wednesday. Sagicor Select Financial Fund led trading with 23 percent of total volume with a transfer of 2.27 million shares followed by Kingston Wharves, 18.3 percent with 1.81 million units and Transjamaican Highway, 13.6 percent, with 1.34 million units changing hands.
Margaritaville fell $3 to $23 with 1,111 stocks changing hands, Mayberry Investments rallied 64 cents to $7.85 in transferring 4,183 shares, NCB Financial popped $6 to finish at $133, with 580,328 units crossing the exchange. PanJam Investment rose 50 cents to $65.50 in trading 213 units, Proven Investments declined $1.20 to end at $32 with 17,120 stock units crossing the market, Sagicor Group advanced $1.39 to $53.90 after an exchange of 17,121 shares. Seprod shed $1 to close at $60 in transferring 13,140 stocks, Sygnus Credit Investments rallied 50 cents to $16 with 102,082 stocks clearing the market, Sygnus Real Estate Finance advanced $2.23 to $18.25 in switching ownership of 100 units and Wisynco Group lost 30 cents to end at $17.50 with 389,966 stock units crossing the market.
Trading averages 553,280 units at $4,610,846, on Tuesday, compared to 134,490 shares at $1,298,381 on Monday and month to date, an average of 194,064 units at $1,751,240, versus 170,766 units at $1,565,770 on the previous day. December closed with an average of 479,143 units at $6,686,322.
Margaritaville advanced $3 to $25 with a transfer of 100 stocks, NCB Financial rallied $4 to close at $132 in switching ownership of 88,589 stock units, Palace Amusement lost 55 cents to end at $945 after crossing the exchange with 15 shares. PanJam Investment fell $1.70 to close at $63 in transferring 229,652 stock units, Sagicor Group shed $1.60 in ending at $52.40 after exchanging 16,237 shares, Scotia Group fell $1.10 to $34.50 with the swapping of 90,700 units. Seprod lost $1 to end at $61 with 17,617 stocks changing hands and Stanley Motta lost 34 cents in closing at $5.50 after trading 10,097,550 stock units.
The All Jamaican Composite Index popped 24.71 points to close at 439,282.42, the JSE Main Index advanced 872.48 points to 397,013.83 and the JSE Financial Index rallied 0.83 points to close at 98.45.
At the close, Barita Investments gained 56 cents to end at $94.41 with 7,429 shares clearing the market, Berger Paints lost 48 cents in closing at $12.52 in exchanging 500 units, Caribbean Cement shed 80 cents to end at $69.50 with a transfer of 13,739 stock units. Eppley rose 75 cents to $36.50 trading 433 stocks, Eppley Caribbean Property Fund rallied 42 cents to $42 after 1,306 shares crossed the market, First Rock Capital advanced 66 cents to $10.91 with the swapping of 5,750 stocks. Guardian Holdings popped $9 to $530 after an exchange of 1,207 units, Jamaica Producers shed $1 to end at $22 in switching ownership of 2,917 stock units, Jamaica Stock Exchange fell $1.05 to finish at $16.75 after trading 13,768 units. JMMB Group shed 75 cents in closing at $38.75 with 21,460 stocks changing hands, Kingston Wharves declined $2.69 to $39.31 with the swapping of 5,000 shares, Margaritaville advanced $1.80 to $22 in trading 99 units. Mayberry Investments gained 30 cents to close at $7.90 with a transfer of 3,396 stocks, MPC Caribbean Clean Energy declined $3 to end at $97 in an exchange of 335 stock units, Palace Amusement dropped $4.45 in closing at $945.55 with 62 shares clearing the market.
PanJam Investment fell $1.30 to close at $64.70 after 501,222 units crossed the market, Salada Foods lost 33 cents to settle at $6.60 in switching ownership of 20,250 stock units, Scotia Group rose 60 cents to end at $35.60 in an exchange of 18,244 units and Supreme Ventures shed 60 cents to end at $17.20 in trading 59,053 stocks.
Trading averages 293,166 units at $7,400,258, compared to 130,869 shares at $1,165,276 on Thursday and month to date, an average of 173,233 units at $1,583,955, up from 164,655 units at $1,167,944 on Thursday. December closed with an average of 479,143 units at $6,686,322.
PanJam Investment rallied $1.50 in closing at $66 in trading 510,923 shares, Portland JSX rose $1.20 to $9 in switching ownership of 800 units, Proven Investments gained 57 cents to settle at $33.49 with an exchange of 6,791 stocks. Scotia Group popped 44 cents to close at $35 after 111,106 stock units crossed the market, Stanley Motta gained 59 cents after ending at $5.84 with an exchange of 2,632 stocks, Supreme Ventures rose 80 cents to finish at $17.80 in transferring 19,195 units and Wisynco Group lost 30 cents to close at $17.30 with 87,163 shares crossing the exchange.
The All Jamaican Composite Index climbed 1,466.73 points to end at 436,915.46, the JSE Main Index advanced 1,250.84 points to close at 394,871.81 and the JSE Financial Index rallied 0.82 points to finish at 97.43.
At the close, Eppley Caribbean Property Fund jumped $3.45 to $41 with an exchange of 1,090 units, First Rock Capital shed 64 cents to close at $10.30 in trading 6,612 stock units, Guardian Holdings shed $7 to end at $520 after transferring 32 stocks. Jamaica Broilers declined $2.13 in ending at $26.55 with 49,421 units changing hands, Jamaica Producers fell $1.33 to close at $22 in trading 36,826 stock units, JMMB Group lost 30 cents to finish at $37.90 with 286,301 shares clearing the market. Margaritaville popped 93 cents to $20.25 in swapping of 5,040 stocks, Mayberry Jamaican Equities shed 82 cents in closing at $8.51 with a transfer of 11,491 units, NCB Financial lost 40 cents to close at $125.60 in exchanging 176,884 shares. 138 Student Living declined 57 cents in closing at $4.13 after a switch in ownership of 954 units, Palace Amusement dropped $46.90 in closing at $950 with 18 stocks crossing the market, PanJam Investment declined $3.50 to close at $64.50 with the swapping of 4,091 stock units.
Proven Investments lost 58 cents to end at $32.92 in transferring 620 units, Sagicor Group rallied $1.56 to $54 after exchanging 43,183 stocks, Scotia Group lost 49 cents to end at $34.56 with 23,844 units changing hands. Supreme Ventures shed 85 cents to end at $17 in trading 50,808 shares and Wisynco Group rose 60 cents to $17.60 with 64,599 shares clearing the market.
The All Jamaican Composite Index shed 70.86 points to 435,448.73, the JSE Main Index slipped 542.98 points to close at 393,620.97 and the JSE Financial Index lost 0.62 points to end at 96.61.
Trading averaged 216,970 units at $1,230,031 compared to 156,356 shares at $977,761 on Tuesday and month to date, an average of 167,471 units at $1,168,166, up from 163,483 units at $1,163,182 on the prior day. December closed with an average of 479,143 units at $6,686,322.
Proven Investments gained 50 cents in closing at $33.50 with an exchange of 14,092 units, Radio Jamaica popped 49 cents to close at $3.99 in trading 143,083 shares, Sagicor Group shed 56 cents to end at $52.44 with the swapping of 20,047 stocks. Scotia Group fell $1.95 to $35.05 in an exchange of 34,101 shares, Supreme Ventures gained 35 cents to close at $17.85 with 17,119 stock units changing hands, Sygnus Credit Investments rose 39 cents to end at $14.89 after transferring 148,586 stocks. Sygnus Real Estate Finance advanced $2.23 to $18.25 in exchanging 2,400 shares and Wisynco Group declined 55 cents in closing at $17 with the swapping of 74,844 units.
The All Jamaican Composite Index fell 1,167.73 points to 435,519.59, the Main Index shed 674.03 points to 394,163.95 and the JSE Financial Index lost 0.08 points to close at 97.23.
Transjamaican Highway with 18.3 percent for 1.48 million units and Sagicor Select Financial Fund with 8.8 percent for 717,918 units changing hands.
Palace Amusement shed $1 to end at $996.99 after trading 10 stock units, PanJam Investment rose $3.50 to $66.50 with 6,452 stocks changing hands, Sagicor Group fell $1.50 in closing at $53 with the swapping of 18,471 shares. Sagicor Real Estate Fund gained 31 cents to end at $8.40 after exchanging 6,435 units, Scotia Group rallied 60 cents to close at $37 in transferring 20,370 stock units, Supreme Ventures popped 50 cents to end at $17.50 with an exchange of 26,655 units. Sygnus Credit Investments lost 32 cents in closing at $14.50 after 41,790 stocks crossed the market and VM Investments declined 34 cents to $6.45 in exchanging 77,038 shares.
At the close, Barita Investments shed 82 cents to end at $93.98 with 19,554 shares crossing the market, Caribbean Producers dipped 49 cents at $15.50 in trading 302,535 units, Eppley lost 50 cents to finish at $36 with an exchange of 318 stocks. Eppley Caribbean Property Fund declined $3.49 in closing at $37.51 in switching ownership of 281 stock units, First Rock Capital lost 35 cents to close at $10.20 with 12,241 shares crossing the market, GraceKennedy advanced $2 to $101 after exchanging 175,533 stock units. Guardian Holdings popped $9 to $525 with the swapping of 509 units, Jamaica Broilers advanced $1.24 to $28.74 in transferring 58,677 stocks, Jamaica Producers rose $1.15 to $23.35 after trading 1,890 stock units. Jamaica Stock Exchange rallied 90 cents to $17.40 with 4,835 shares changing hands, JMMB Group gained 50 cents to end at $38.60 after 140,283 units cleared the market, Kingston Wharves fell $2.97 to close at $39 in an exchange of 75,266 shares. Mayberry Investments gained 48 cents to finish at $7.98 in trading 12,601 stocks, Mayberry Jamaican Equities lost 37 cents after ending at $9 in switching ownership of 11,606 stock units, NCB Financial advanced $1 to $126 with an exchange of 8,902 shares. Palace Amusement climbed $17.32 to end at $997.99 with 38 units changing hands, PanJam Investment declined $2.90 to $63 with the swapping of 7,562 units, Portland JSX popped 45 cents to $8 with a transfer of 2,468 shares.
Scotia Group advanced $1.39 to close at $36.40 after exchanging 103,819 stocks, Seprod declined $1.40 in closing at $62.10 in trading 3,736 stock units, Sygnus Credit Investments gained 47 cents to settle at $14.82 with a transfer of 46,820 shares. Sygnus Real Estate Finance fell $1.25 to $16.02 with 21,980 stocks changing hands, Victoria Mutual Investments rallied 41 cents to close at $6.79 with an exchange of 73,058 shares and Wisynco Group lost 39 cents to end at $17.51 in switching ownership of 60,431 units.
The All Jamaican Composite Index dropped 1,923.73 points to 434,686.58, the JSE Main Index plunged 2,282.45 points to 392,790.90 and the JSE Financial Index fell 1.22 points to end at 96.27.
At the close, Barita Investments lost 70 cents to close at $94.80 with an exchange of 6,826 shares, Caribbean Cement shed 74 cents in ending at $72.20 with the swapping of 35,410 units, Caribbean Producers lost 31 cents to close at $15.99 with 560,506 stocks crossing the exchange. Eppley rallied 50 cents to $36.50 in trading 4,090 stock units, Eppley Caribbean Property Fund advanced $4.69 to $41 with 318 units clearing the market, Guardian Holdings rose $4 to end at $516 in an exchange of 2,061 shares. Jamaica Broilers fell $1.49 to close at $27.50 with the swapping of 87,177 stock units, Jamaica Producers shed 80 cents in closing at $22.20 after trading 3,255 stocks, Kingston Properties gained 74 cents ending at $9.74 in switching ownership of 3,063 units. Kingston Wharves fell $1.02 to $41.97 with 2,723 stock units changing hands, Mayberry Investments lost 48 cents to finish at $7.50 after 3,176 stocks crossed the market, MPC Caribbean Clean Energy advanced $3 to close at $100 in switching ownership of 18 shares. NCB Financial declined $2 in closing at $125 with a transfer of 36,012 stocks, Palace Amusement dropped $14.33 to $980.67 with 15 units changing hands, PanJam Investment popped $1.10 to close at $65.90 in transferring 78,896 stock units.
Proven Investments lost 30 cents after ending at $32.80 with an exchange of 9,242 shares, Sagicor Group rose $2.99 to end at $54.50 after trading 9,409 stocks, Sagicor Real Estate Fund shed 40 cents to close at $8 with 3,615 stock units changing hands. Scotia Group fell $1.33 to finish at $35.01 with an exchange of 335,649 shares, Seprod popped 50 cents to $63.50 in switching ownership of 3,801 units and Supreme Ventures shed 80 cents to $17 in an exchange of 117,937 units.