Rising stocks just edged out those declining on Tuesday, with the market indices declining for a second consecutive day, with the volume and value of shares traded climbed 219 percent and 273 percent, respectively compared to Monday on the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index fell 587.12 points to 453,898.22, the JSE Main Index shed 595.66 points to end at 416,337.09 and the JSE Financial Index slipped 0.30 points to 102.36.
Trading ended with 49 securities similar to Monday, with 20 stocks rising, 19 declining and 10 remaining unchanged, as Radio Jamaica closed trading at a 52 weeks’ high of $2 after hitting an intraday high of $2.10. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.2 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 45,475,975 shares trading for $256,468,028, up from 14,266,703 units at $68,667,411 on Monday. Stanley Motta dominated trading with 76.3 percent of total volume after an exchange of 34.70 million shares followed by Transjamaican Highway 7.4 percent with 3.35 million units, Wigton Windfarm 2.9 percent, with 1.34 million units, Radio Jamaica accounted for 2.7 percent, with 1.23 million units and Sagicor Select Financial Fund ended, with 2.4 percent after exchanging 1.09 million units.
Trading averaged 928,081 units at $5,234,041, compared to 291,157 shares at $1,401,376 on Monday. Trading month to date averages 365,726 units at $22,554,751, in contrast to 322,738 units at $23,878,799 on Monday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has thirteen stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments spiked $1.90 to $84 with 6,516 shares crossing the market, Berger Paints shed 85 cents to $13 with an exchange of 4,205 stocks, Caribbean Cement rallied 50 cents to $91.50 in trading 1,980 shares, First Rock Capital dipped 28 cents to $13.72 after transferring 46,395 units, GraceKennedy picked up 29 cents in ending at $99.99 with 35,976 units crossing the exchange, Guardian Holdings declined $10 to $646 in an exchange of 1,552 shares. Jamaica Broilers shed 83 cents to $36.03 with the swapping of 13,891 units, Jamaica Producers fell $1.50 to $21 in switching ownership of 705,137 stock units, JMMB Group gained 35 cents to finish at $38.50 in an exchange of 129,470 stocks, Mayberry Investments rose 61 cents to $6.15, with 2,503 units crossing the market, Palace Amusement declined $40 to $1,060 in transferring 87 shares.
PanJam Investment popped $3.99 to $65 after exchanging 1,110 stock units, Sagicor Group slipped $3 to $52 with the swapping of 110,420 stocks, Sagicor Select Manufacturing & Distribution Fund popped 5 cents to 90 cents, with 440,711 stock units crossing the market. Scotia Group dipped 25 cents to $38.75, with 12,993 units crossing the exchange and Victoria Mutual Investments lost 49 cents after ending at $6 with 107,913 shares changing hands.
In the preference segment, Eppley 8.75% preference share lost 29 cents in closing at $7.20 after exchanging 4,083 stocks.
In the corporate bond market, Guardian Holdings 2027 7% traded 4.99 million units at $110 after falling 28 cents.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
with lower offers.
Proven Investments lost 50 cents to $34.10 with an exchange of 28,310 stocks, Scotia Group fell 50 cents in closing at $39 with a transfer of 27,409 stocks, Seprod declined $1.40 to end at $70.55 in trading 2,687 units. Supreme Ventures gained 30 cents to close at $19.10 with 50,732 stocks crossing the market and Sygnus Credit Investments lost 39 cents ending at $15 with an exchange of 17,822 stock units.
The All Jamaican Composite Index declined 1,348.65 points to 459,101.53, the JSE Main Index fell 1,154.18 points to end at 420,868.15 and the JSE Financial Index slipped 0.32 points to 103.59.
Investor’s Choice bid-offer indicator reading has 16 stocks ending with bids higher than their last selling prices and two with lower offers.
Salada Foods lost 20 cents in closing at $8 with an exchange of 71,674 stocks, Seprod rallied $2.26 to $71.95 with the swapping of 4,860 shares, Supreme Ventures lost 45 cents to close at $18.80 in trading 21,036 stocks and Sygnus Credit Investments popped 68 cents to $15.39 in switching ownership of 63,061 units.
At the close, the All Jamaican Composite Index advanced 1,181.64 points to 460,450.18, the JSE Main Index rose 759.06 points to end at 422,022.33 and the JSE Financial Index gained 0.05 points to end at 103.91.
At the close, Barita Investments rallied $1.18 to $84 with a transfer of 6,045 shares, Caribbean Cement popped 85 cents to $92 in trading 132,354 stock units, Caribbean Producers gained 21 cents to end at a 52 weeks’ closing high of $5.19 with 259,401 shares changing hands, after hitting a 52 weeks’ intraday high of $6. Carreras lost 23 cents to close at $9.07 with an exchange of 402,107 stocks, Eppley shed 27 cents to settle at $43.63 in switching ownership of 2 units. First Rock Capital declined $1 to $14.50 with the swapping of 30,573 stocks, Grace Kennedy rose 73 cents to $99.01 after 16,832 shares crossed the exchange. Guardian Holdings jumped $24 to $674 in trading 382 units, Jamaica Broilers popped 33 cents to $36.33 with 44,887 stock units changing hands, Jamaica Producers rose 70 cents to $22.90 with 4,060 shares crossing the market. JMMB Group rallied 50 cents to end at $38.50 after an exchange of 169,493 stock units, Kingston Properties popped $2.24 to $10.25 in trading 97 units. Kingston Wharves rallied $2 to end at $50 after 10,960 stocks crossed the market, Mayberry Investments lost 36 cents to finish at $6.15 in switching ownership of 1,300 stock units, MPC Caribbean Clean Energy dived $17.35 to $117.20 with the swapping of 360 units.
NCB Financial rose $1 to $140 in an exchange of 29,883 stock units, Palace Amusement dropped $60 to $1,190 in transferring 133 stocks, PanJam Investment rose $1.49 to $67.50 in exchanging 3,355 shares. Sagicor Group fell $2 to $53 in clearing the market of 118,645 stock units. Salada Foods shed 55 cents to close at $8.20 in an exchange of 46,065 stocks and Seprod fell $1.31 to $69.69 after trading 13,042 shares.
Financial Fund 13.3 percent with 738,402 units and Grace Kennedy 9.2 percent with 513,821 units changing hands.
MPC Caribbean Clean Energy shed $12.45 to settle at $134.55, with 84 units clearing the market, Palace Amusement rallied $60 to $1,250 with 7 stocks changing hands, Pan Jam Investment shed $1.49 to $66.01, with 11,233 stock units crossing the exchange. Proven Investments rose 45 cents to $34.60 in switching ownership of 4,506 stocks, Sagicor Group fell $2.94 to $55 in exchanging 23,431 stock units, Seprod fell $1 to $71 in transferring 14,512 stocks, Sygnus Credit Investments rose 20 cents to $14.80 in trading 33,382 shares and Wisynco Group spiked 40 cents to $15.90 with the swapping of 17,180 stocks.
Trading averaged 2,094,775 units at $283,021,143, compared to 179,332 shares at $5,433,581 on Friday. Trading month to date averages 393,158 units at $37,484,522, versus 155,610 units at $3,207,330 on Friday. June ended with an average of 249,610 units at $3,877,606.
Pan Jam Investment shed $1.50 to close at $67.50 with 27,771 stock units changing hands, Sagicor Group spiked $2.94 to $57.94 after an exchange of 10,433 units, Salada Foods rose 28 cents to $8.90 in trading 21,207 stocks, Scotia Group shed 68 cents in ending at $39.50 after transferring 24,895 shares. Stanley Motta rose 20 cents to $5.90 with the swapping of 15 stock units, Supreme Ventures gained 32 cents to end at $19.32 in trading 1,162 units and Sygnus Credit Investments fell 40 cents to $14.60 with an exchange of 262,714 shares.
The All Jamaican Composite Index dropped 2,454.90 points to 460,664.22, the JSE Main Index shed 674.44 points to end at 423,234.82 and the JSE Financial Index dipped 0.36 points to 103.93.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and two with lower offers.
PanJam Investment climbed 40 cents to $68 after exchanging 11,951 stock units, Sagicor Group dived $4.50 to $52 in trading 183,871 shares, Salada Foods lost 30 cents to close at $8 with 69,919 shares crossing the exchange, Scotia Group popped 90 cents to $40.90 in transferring 134,985 stocks and Supreme Ventures shed 39 cents in ending at $19.01 with the swapping of 852,216 shares.
At the close, the All Jamaican Composite Index declined 1,326.49 points to 463,119.12, the JSE Main Index dropped 3,307.14 points to 423,909.26 and the JSE Financial Index lost 0.84 points to 104.29.
Investor’s Choice bid-offer indicator reading has thirteen stocks ending with bids higher than their last selling prices and eight with lower offers.
Scotia Group shed 50 cents to end at $40, with 8,550 units changing hands, Seprod picked up 50 cents in ending at $72, with 46,730 shares clearing the market and Supreme Ventures gained 30 cents to close at $19.40 with the swapping of 12,519 stock units.
At the close, the All Jamaican Composite Index rose 528.55 points to close at 464,445.61, the JSE Main Index surged 3,053.18 points to 427,216.40 and the JSE Financial Index popped 0.97 points to 105.13.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and five with lower offers.
Supreme Ventures lost 41 cents to end at $19.10 in an exchange of 3,205 stock units and Wisynco Group spiked 19 cents ending at $15.99, clearing the market with 36,426 stock units.
At the close, Barita Investments climbed $3 to $83 with 694,456 shares changing hands, Caribbean Cement rallied 48 cents to $94.98 in transferring 5,540 stock units. Eppley Caribbean Property Fund rose by $1.20 to $46.20 with 88,039 shares crossing the market, First Rock Capital gained 20 cents to end at $15.70 with the swapping of 4,103 stock units. Guardian Holdings surged $49 to $699 in switching ownership of 58,775 units, Jamaica Broilers shed $1.01 in closing at $35.02 after trading 64,951 shares. Jamaica Stock Exchange gained 25 cents to close at $17.25 with 17,600 stocks clearing the market, JMMB Group dipped 27 cents to $37.73 with the swapping of 71,764 stock units, Kingston Wharves spiked $1 to $48 in exchanging 6,029 shares, Margaritaville jumped $1.10 to $14.70 with 11,171 units crossing the market, Mayberry Jamaican Equities shed 57 cents to finish at $8.52 in trading 134,696 shares. NCB Financial declined $2 to $140 with a transfer of 30,450 units, Palace Amusement dropped $50 to $1,450 after exchanging 185 units, PanJam Investment rallied $4 to $69 in switching ownership of 26,674 stock units.
Proven Investments spiked $1.21 to $35.61 after an exchange of 1,478 shares, Pulse Investments gained 26 cents to finish at $4.36 with 359,704 stocks changing hands, Salada Foods declined $1 to $7 in exchanging 104,473 shares. Scotia Group rose 65 cents to $41.65 in trading 10,367 units, Seprod declined $2.04 to close at $72.45 with a transfer of 4,354 shares. Supreme Ventures rose 85 cents to $20.80 with 17,957 units changing hands and Wisynco Group lost 25 cents to close at $15.50 with the swapping of 1,359,269 shares,