Main Market pull back

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.

JSE majors slide into weekend

Stocks suffered a pullback on Friday with an increase of 146 percent in the volume of shares trading as investors put down 23 percent more funds in exchanging the shares than on Thursday on the Jamaica Stock Exchange Main Market and ended with 48 securities trading, similar to Thursday, with 12 stocks rising, 22 declining and 14 remaining unchanged.
At the close, the All Jamaican Composite Index fell 989.27 points to 458,112.26, the JSE Main Index shed 796.49 points to end at 420,071.66 and the JSE Financial Index dipped 0.30 points to 103.29.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.1 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 15,819,699 shares traded for $55,510,412 versus 6,426,972 units at $45,152,359 on Thursday. Wigton Windfarm led trading with 50.5 percent of total volume for 7.98 million shares, followed by Radio Jamaica 17 percent, with 2.69 million units, QWI Investments controlled 8.6 percent, with 1.37 million units and Transjamaican Highway with 8.1 percent after 1.28 million units changed hands.
Trading averaged 329,577 units at $1,156,467, compared to 133,895 shares at $940,674 on Thursday. Trading month to date averages 325,352 units at $25,739,261, in contrast to 324,980 units at $27,908,331 on Thursday. 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 none with lower offers.
At the close, Eppley advanced $4.13 to end at $43.63 in trading 810 stocks, Guardian Holdings declined $18 to $656 in exchanging 21 units, Jamaica Broilers rose $1 to $37, crossing the exchange with 11,874 stock units. Jamaica Producers rose $1.20 in closing at $24.20 with the swapping of 17,086 stocks, JMMB Group rallied 50 cents in closing at $39 in transferring 147,747 shares, Kingston Properties shed $1.90 to settle at $8 in trading 15,000 stock units. Margaritaville lost 49 cents to end at $14.50 in exchanging 10,484 stocks, Mayberry Investments fell 61 cents to $5.54 in exchanging 30,946 stock units, Mayberry Jamaican Equities shed 85 cents to $9.15 after crossing the market with 5,907 units. NCB Financial Group slid $1 to $139 with 85,626 shares changing hands, 138 Student Living lost 30 cents to end at $4.80 in switching ownership of 3,077 units, Palace Amusement climbed $35 to close at $1,095 in exchanging 46 stock units, Pan Jam Investment shed 50 cents ending at $64 with a transfer of 22,897 shares. 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.
In the preference segment, Eppley 8.75% preference shares shed 99 cents in closing at $6.51 in switching ownership of 57 stock units.

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

JSE Main market slips on low volume

Market activity ended on Thursday with reduced volume and value of shares compared to Wednesday, in 5 percent dip in volume, with 14 percent lower value leading to more stocks declining than rising, at the close of the Jamaica Stock Exchange Main Market.
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.
Trading ended with 48 securities compared to 47 on Wednesday, with 14 stocks rising, 19 declining and 15 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.4 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 6,426,972 shares trading for $45,152,359, down from 7,526,686 units at $52,205,562 on Wednesday. Transjamaican Highway led trading with 22.7 percent of total volume for an exchange of 1.46 million shares followed by JMMB Group 7.50% 15.7 percent with 1.01 million units for 15.7 percent and Sterling Investments with 10 percent, with 642,808 units changing hands.
Trading averaged 133,895 units at $940,674, compared to 160,142 shares at $1,110,757 on Wednesday. Trading month to date averages 324,980 units at $27,908,331, in contrast to 343,472 units at $30,518,104 on Wednesday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 16 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rose 10 cents to $84.10 in exchanging 5,599 shares, Caribbean Producers gained 21 cents to end at a 52 weeks’ closing high of $5.40 with the swapping of 148,503 stock units. Eppley plunged $4.13 in closing at $39.50 after an exchange of 903 units. First Rock Capital lost 49 cents to settle at $14.01 in switching ownership of 3,128 shares, Grace Kennedy popped 99 cents to $100 in trading 68,101 stocks, Jamaica Broilers dipped 33 cents to $36 with a transfer of 13,465 stocks. Kingston Properties shed 35 cents to end at $9.90 in trading 16,638 stock units, Mayberry Jamaican Equities rose 95 cents to $10 in switching ownership of 75,000 stocks, Palace Amusement plunged $130 to $1,060, with 171 units crossing the market. PanJam Investment fell $3 to $64.50 with 55,556 shares changing hands, Sagicor Group popped $2 to close at $55 with the swapping of 34,723 shares. 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.
In the preference segment, JMMB Group 7.15% – 2028 lost 30 cents to close at a 52 weeks’ low of $2.60 with 20,000 stocks clearing the market.

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

Major stocks struggled on Wednesday

 

Stocks trading struggled to keep ahead of the opening levels on Wednesday and ended with 47 securities trading a decline from 49 on Tuesday after 16 stocks rose, 22 declined and nine remained unchanged, leaving the market with a modest rise, with the volume traded up 35 percent but with values down 43 percent compared to Tuesday on the Jamaica Stock Exchange Main Market.
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.
Trading ended with. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.5 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 7,526,686 shares trading for $52,205,562 versus 5,572,104 units at $90,965,287 on Tuesday. Wigton Windfarm led trading with 37.4 percent of total volume for 2.81 million shares, followed by Transjamaican Highway 14.7 percent for 1.11 million units and JMMB Group 7.50%, 12.6 percent, with 950,263 units.
Trading averaged 160,142 units at $1,110,757, compared to 113,716 shares at $1,856,434 on Tuesday. Trading month to date averages 343,472 units at $30,518,104, in contrast to 362,662 units at $33,596,379 on Tuesday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 14 stocks ending with bids higher than their last selling prices and two with lower offers.
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.

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

Stocks in retreat on Tuesday

Trading returned to more normal levels following Monday when 95 million shares of NCB Financial crossed the exchange following what the company states flowed from a director and a Senior Officer have surrendered the shares in the group under a new compensation arrangement.
Elsewhere, activity continued on Tuesday with the market declining with an exchange of 94 percent fewer shares valued 99 percent less than on Monday at the close of trading on the Jamaica Stock Exchange Main Market.
The main indices wiped out gains made over the past three trading days at the close, with the All Jamaican Composite Index plunging 8,432.60 points to 459,268.54, the JSE Main Index dived 7,836.94 points to end at 421,263.27 and the JSE Financial Index shed 2.12 points to 103.86.
Trading ended with 49 securities, as was the case on Monday, with 18 stocks rising, 19 declining and 12 remaining unchanged. The market commenced trading in Caribbean Producers shares previously listed on the Junior Market and investors exchanged 275,415 units at the close after a slow start to trading in the stock, well above the 58,282 traded on Monday 34,319 shares exchanged on Friday.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.4 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 5,572,104 shares trading for $90,965,287 versus 102,643,964 units at $13,868,036,024 on Monday. Transjamaican Highway led trading with 35.7 percent of total volume for an exchange of 1.99 million shares, Sagicor Select Financial Fund 13.3 percent with 738,402 units and Grace Kennedy 9.2 percent with 513,821 units changing hands.
Trading averaged 113,716 units at $1,856,434, compared to 2,094,775 shares at $283,021,143 on Monday. Trading month to date averaged 362,662 units at $33,596,379, in contrast to 393,158 units at $37,484,522 on Monday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments fell $2.18 to $82.82 in exchanging 766 shares, Berger Paints shed 96 cents to close at $13.89 with an exchange of 28,360 shares, Eppley spiked $4.40 to $43.90 in trading 3,991 stock units. First Rock Capital rallied $2 to $15.50 with the swapping of 5,093 units, GraceKennedy dropped $4.92 to $98.28 in transferring 513,821 shares, Guardian Holdings plunged $35 to $650 in switching ownership of 3,966 units. Jamaica Stock Exchange popped 42 cents to $17.67 with 23,050 shares crossing the market, Kingston Properties lost 39 cents to close at $8.01 with 99,707 shares changing hands, Kingston Wharves gained 50 cents in closing at $48 trading 10,313 stocks. 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.
In the preference segment, Eppley 8.25% rose 92 cents to $6.98 in trading 5,007 stock units.

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

NCB Financial Monday’s dominant trade

NCB Financial traded 95.2 million shares costing $1.38 billion and commanded 93 percent of the overall volume of the market on Monday with driving the volume of shares exchanged up 11 times Friday’s levels with the value surging 4,808 percent higher on the Jamaica Stock Exchange Main Market.

NCB Financial Montego Bay branch

The All Jamaican Composite Index rose 3,234.89 points to close at 467,701.14, the JSE Main Index advanced 2,473.87 points to end at 429,100.21 and the JSE Financial Index rallied 0.56 points to 107.72.
Trading ended with 49 securities compared to 52 on Friday, with 15 stocks rising, 20 declining and 14 remaining unchanged. The PE Ratio, a measure that determines an appropriate value of each stock, averages 16.6 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 102,643,964 shares trading for $13,868,036,024 versus 9,325,241 units at $282,546,221 on Friday.  Wigton Windfarm was the second lead trade, with 1.54 percent for 1.58 million units, Transjamaican Highway followed with 1.5 percent for 1.51 million stock units and Sagicor Select Financial Fund 1.3 percent, with 1.38 million shares changing hands.
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.
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, Barita Investments rose 95 cents to $85 with an exchange of 2,400 stock units, Caribbean Cement shed $1 to end at $91 with 4,849 stocks crossing the market, Eppley lost 79 cents in ending at $39.50 after an exchange of 12,416 stock units, Eppley Caribbean Property Fund plunged $5.89 to $41 with a transfer of 1,701 units, First Rock Capital dived $2.10 to $13.50 in switching ownership of 106,626 shares. Grace Kennedy slipped $1.69 to close at $103.20 with 314,616 shares crossing the market, Guardian Holdings popped $1 to $685 in trading 317 stock units, Jamaica Producers shed $1.92 to end at $22.03 with the swapping of 115,747 shares. Kingston Wharves fell $2.50 to $47.50 after 9,360 stock units crossed the market, Mayberry Investments popped 51 cents to $6.51 in exchanging 19,050 stocks. NCB Financial declined $7 to $139 in trading 95,187,289 shares, Palace Amusement plunged $110 to $1,190 with a transfer of 127 units. 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.
In the preference segment, Eppley 8.25% dropped $1.04 to $6.06 and exchanging 3,121 stocks, JMMB Group 7.15% – 2028 fell 45 cents to $2.90 in switching ownership of 63,006 shares and JMMB Group 7.25% rallied 27 cents to $1.53 with the swapping of 176 units.

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

Losses for JSE Main Market

Market activity ended on Wednesday with the market declining, with the volume of shares exchanged rising 75 percent with the value climbing 504 percent higher than on Tuesday at the close of the Jamaica Stock Exchange Main Market.
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.
Trading ended with 51 securities similar to Tuesday, with 16 stocks rising, 19 declining and 16 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 17.1 based on ICInsider.com forecast of 2021-22 earnings.
A total of 11,432,806 shares traded for $317,069,162 versus 6,642,522 units at $52,483,080 on Tuesday. Eppley Caribbean Property Fund led trading with 44.5 percent of total volume for 5.09 million shares, followed by Transjamaican Highway 12.7 percent, with 1.45 million units and Wigton Windfarm 11.7 percent, with 1.34 million units.
Trading averaged 224,173 units at $6,217,042, compared to 130,246 shares at $1,029,080 on Tuesday. Trading month to date averages 146,203 units at $2,483,594, in contrast to 126,120 units at $1,521,948 on Tuesday. June ended with an average of 249,610 units at $3,877,606.
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 close, Caribbean Cement popped $1.80 to $94.80 after exchanging 43,185 stock units, Eppley dropped $4.04 to $39.86 in transferring 958 units. Eppley Caribbean Property Fund spiked $9.46 to $50 with the swapping of 5,093,289 shares, First Rock Capital rallied 26 cents to $15.81 in an exchange of 9,021 units, Grace Kennedy fell $1.99 to $102 in switching ownership of 34,826 stock units. Guardian Holdings surged $39.99 to $689.99 with 6,272 units changing hands, Jamaica Broilers declined $1.15 to $35.55 with the swapping of 7,584 units, Jamaica Producers slipped $1 to end at $23 after 11,621 stocks crossed the market. Jamaica Stock Exchange rallied 38 cents to $17.50 in trading 530 units, JMMB Group lost 44 cents in ending at $37.56 with a transfer of 43,241 stocks, Kingston Properties rose $1.10 to $9.50 in an exchange of 738 units. Margaritaville shed $1.20 to $14.10, with 2,457 stock units clearing the market, Mayberry Investments lost 25 cents in closing at $5.85 in exchanging 1,000 shares. Mayberry Jamaican Equities rose 76 cents to settle at $9.75 in switching ownership of 500 stocks, NCB Financial fell 50 cents to $141 with 42,327 shares changing hands, Palace Amusement dived $75 to $1,350 in trading 29 units. 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.
In the preference segment, JMMB Group 7.25% shed 24 cents in closing at $1.26 with 4,941 units changing hands.

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

Slippage for JSE majors on Tuesday

Advancing and declining stocks were almost evenly balanced at the end of market activity on Tuesday, but with rising stocks having the edge after the volume of shares traded and the value fell 14 percent and 26 percent respectively compared to Monday on the Jamaica Stock Exchange Main Market on a day of low volume that attracted relatively small sum.
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.
Trading ended with 51 stocks, up from 46 on Monday, with 22 rising, 20 declining and nine remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.6 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 6,642,522 shares trading for $52,483,080, down from 7,760,356 units at $70,527,298 on Monday. QWI Investments led trading with 29.1 percent of total volume for an exchange of 1.93 million shares followed by Transjamaican Highway with 19.7 percent for 1.31 million units and Wigton Windfarm 13.4 percent with 891,752 units changing hands.
Trading averaged 130,246 units at $1,029,080, compared to 168,703 shares at $1,533,202 on Monday. Trading month to date averages 126,120 units at $1,521,948, in contrast to 124,689 units at $1,692,944 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 eight with lower offers.
At the close, Eppley shed $1.10 to close at $43.90 in exchanging 7,577 shares. Eppley Caribbean Property Fund sank $4.46 to $40.54 with a transfer of 572 units, Grace Kennedy spiked 99 cents to $103.99 in trading 77,467 stock units. Guardian Holdings dropped $5 to $650, with 5,882 units changing hands, Jamaica Producers shed 60 cents in ending at $24 after 18,720 stock units crossed the market with. JMMB Group popped 44 cents to close at $38 in switching ownership of 130,050 shares, Kingston Properties lost 30 cents to close at $8.40 in trading 32,665 stocks, Kingston Wharves fell 30 cents to $47.70 with the swapping of 4,837 stocks, Margaritaville spiked $1.30 to $15.30 with an exchange of 33,171 shares. NCB Financial rallied $2.49 to $141.50 in transferring 58,770 stocks, 138 Student Living added 25 cents to end at $5.15 with 8,411 stock units crossing the market, Palace Amusement jumped $75 to close at $1,425 in an exchange of 201 units. Sagicor Group rose 49 cents to $56.50 in switching ownership of 140,317 stock units. 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.
In the preference segment, JMMB Group 7.15% – 2028 share lost 15 cents in ending at $3.35 with an exchange of 16 units and Productive Business Solutions 9.75% preference share spiked $4.89 to $105 after investors cleared the market of 93 stock units.
In the Corporate Bond market COLOSSAL 4.25% FR2022 traded 300,000 units at $100.72409 with a gain of 72 cents.

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

JSE Main Market up on reduced trades

Market activity ended on Monday with fewer securities trading than on Friday and the market rising after more stocks advanced than declined and 35 percent more shares valued 44 percent changed hands compared to Friday at the close of the Jamaica Stock Exchange Main Market.
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.
Trading ended with 46 securities compared to 50 on Friday, with 25 stocks rising, 16 declining and five remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with 7,760,356 shares for $70,527,298 versus 5,760,799 units at $127,050,791 on Friday. Wigton Windfarm led trading with 35.6 percent of the volume after exchanging 2.76 million shares, followed by Sagicor Select Financial Fund 20.3 percent, with 1.57 million units and JMMB Group 10.2 percent, after an exchange of 792,910 units.
Trading averaged 168,703 units at $1,533,202, compared to 115,216 shares at $2,541,016 on Friday. Trading month to date averages 124,689 units at $1,692,944, compared to 104,642 units at $1,765,697 on Friday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Cement shed $1.83 to $93 in exchanging 48,084 shares, Eppley spiked $3 to a record high of $45 in switching ownership of 4,766 stock units, First Rock Capital fell 25 cents to $15.50 with 33,951 units changing hands, Grace Kennedy dipped $2.98 to $103 with the swapping of 11,816 stocks. Guardian Holdings bolted $15 higher to $655 in transferring 684 stock units, Jamaica Broilers rallied $1.25 to $36.75 with 34,818 shares changing hands, Jamaica Producers rallied $1.10 to $24.60 in trading 6,545 stocks, Margaritaville fell 70 cents to $14, with 10,673 stock units crossing the market, Mayberry Jamaican Equities shed 20 cents to $9 in an exchange of 430,059 shares, Portland JSX dropped $2.29 to $7.12 after exchanging 31,400 stocks, Proven Investments shed 45 cents to $35.05 with a transfer of 40,242 shares. Sagicor Group popped 46 cents to $56.01 in trading 12,921 stocks, Salada Foods gained 25 cents to finish at $8.45 with the swapping of 24,077 units, Scotia Group rose 50 cents to $40.50 in switching ownership of 2,233 shares, Seprod rallied $1.50 to settle at $71.50 in trading 4,864 stocks. 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.
In the preference segment, Eppley 8.75% preference shares rose 77 cents to $7.28 in switching ownership of 2,660 shares, Eppley 8.25% gained 30 cents ending at $7.10 with 2,727 units crossing the market and JMMB Group 7.15% – 2028 picked up 30 cents in closing at $3.50 in exchanging 350 stock units.

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

Sharp jump to close month for JSE majors

At the midway point for 2021 Jamaican stocks are up just under 7 percent those listed Jamaica Stock Exchange Main Market at the close of trading on Wednesday after the index rebounded as more stocks rose than declined, with an exchange of 26 percent more shares than on Tuesday.
The All Jamaican Composite Index rallied 5,655.18 points to 462,541.00, the JSE Main Index surged 6,000.74 points to end at 425,564.15 and the JSE Financial Index picked up 1.38 points to end at 105.07.
Trading ended with 51 securities compared to 50 on Tuesday, with 27 stocks rising, 11 declining and 13 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.9 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 11,971,431 shares trading for $162,261,125 versus 9,510,633 units at $151,206,424 on Tuesday. Sagicor Select Financial Fund led trading with 34.6 percent of total volume for an exchange of 4.15 million shares followed by Wigton Windfarm with 11.7 percent for 1.40 million units, Wisynco Group contributed 11.4 percent with 1.36 million units and QWI Investments 11.2 percent after trading 1.36 million units.
Trading averaged 234,734 units at $3,181,591, compared to 190,213 shares at $3,024,128 on Tuesday. Trading month to date averages 249,610 units at $3,877,606, in contrast to 250,335 units at $3,911,541 on Tuesday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and three with lower offers.
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,

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