Market activity ended on Thursday, with the market recovering almost all of the losses of the previous two days after advancing stocks edged out declining ones, with the overall traded volume and value climbing 211 percent and 357 percent respectively compared to Wednesday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index climbed 3,237.08 points to 454,682.19, the Main Index advanced 2,716.72 points to 424,560.18, and the JSE Financial Index gained 0.97 points to settle at 105.37.
Trading ended with 50 securities compared to 47 on Wednesday, with 18 stocks rising, 16 declining and 16 remaining unchanged. The average PE Ratio, based on ICInsider.com’s 2021-22 forecast of earnings, is 16.1.
At the close 26,264,484 shares traded for $470,763,094 versus 8,440,224 units at $102,931,227 on Wednesday. JMMB Group 7.25% led trading with 33.9 percent of total volume for 8.91 million shares followed by Sagicor Group with 27.6 percent in trading 7.25 million units, Sagicor Select Financial Fund 13.6 percent, with 3.58 million units, Pulse Investments with 5.2 percent for 1.37 million units and Transjamaican Highway with 3.9 percent for an exchange of 1.04 million shares.
Trading averaged 505,086 units at $9,053,136, compared to 179,579 shares at $2,190,026 on Wednesday. Trading month to date averages 321,833 units at $3,709,022, compared to 307,218 units at $3,282,804 on Wednesday. April averaged 234,200 units at $1,772,561.
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 advanced $1.98 to $85.98 with 70 shares changing hands, Berger Paints rose $1.35 to end at a 52 weeks’ closing high of $18 with 14,433 stocks crossing the market, Carreras gained 90 cents to close at end at 52 weeks’ closing high of $10.90 in switching ownership of 519,508 shares, Grace Kennedy ended 99 cents higher at $88 in exchanging 14,115 units, Jamaica Broilers gained 50 cents to close at $35.50 in trading 21,359 stocks. Jamaica Stock Exchange lost 20 cents to settle at $17.80 in switching ownership of 6,010 units, JMMB Group declined $1 to $32 with a transfer of 76,488 stock units, Key Insurance gained 34 cents to end at $5.35 in trading 295,925 stocks. Kingston Wharves fell $1 in closing at $46 with the swapping of 11,543 shares, MPC Caribbean Clean Energy dropped $24 to end at 52 weeks’ closing low of $100 after exchanging 21 stock units, NCB Financial Group shed $2 to finish at $139 while exchanging 78,790 shares.
138 Student Living rose 85 cents to close at $5.39 in switching ownership of 13,853 stock units, Palace Amusement dropped $29 to end at $926 in swapping 111 stocks, PanJam Investment declined $5.85 to finish at $66.05 with 26,162 shares clearing the market, Proven Investments closed 75 cents higher at $37.90, with 5,272 units crossing the market, Sagicor Group climbed $2 to end at $53 trading 7,248,980 shares, Seprod slipped 90 cents to $75 after exchanging 41,954 units. Stanley Motta lost 34 cents in ending at $5.90 in switching ownership of 6,907 stock units, Supreme Ventures gained 20 cents to end at 52 weeks’ closing high of $20.20 in trading 193,925 shares and Wisynco Group ended 45 cents lower at $15.45 in switching ownership of 153,549 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index declined 2,953.62 points to close tab 451,445.11, the Main Index shed 2,482.03 points to 421,843.46 and the JSE Financial Index lost 0.98 points to settle at 104.40.
At the close, Barita Investments declined $2 in closing at $84 after clearing the market of 2,835 shares, Berger Paints advanced $1.15 to finish at a 52 weeks’ high of $16.65 in switching ownership of 7,557 shares, Caribbean Cement rose 77 cents to $87.99 with an exchange of 56,552 units. Eppley shed 70 cents to close at $33 with the swapping of 30,020 stock units, Grace Kennedy ended 99 cents lower at $87.01, with 96,486 units crossing the exchange, Jamaica Broilers declined $1 to $35 in exchanging 36,579 shares. Jamaica Producers shed $1 to close at $23.50 in transferring 18,462 units, Jamaica Stock Exchange gained 25 cents in closing at $18 with 17,670 shares changing hands, JMMB Group advanced $1 to $33 in switching ownership of 188,002 stock units. Key Insurance shed 32 cents to end at $5.01 after an exchange of 321,258 shares, NCB Financial advanced $2.10 to $141 in trading 22,667 units. 138 Student Living lost 86 cents to close at $4.54, with 12,305 stock units clearing the market, Palace Amusement climbed $41 to $955 after exchanging 123 stock units, Pan Jam Investment jumped $6.90 to $71.90 with the swapping of 1,737 units, Portland JSX fell $2.40 to $7.10 with the transfer of 51,289 shares. Proven Investments lost 80 cents to close at $37.15, with 18,599 stock units crossing the market, Sagicor Group fell $1.50 to $51 with 905,925 shares changing hands. Scotia Group shed 80 cents in ending at $40 in exchanging 41,900 stocks.
Seprod advanced $2.90 to $75.90 with 13,000 units crossing the market, Stanley Motta gained 24 cents in closing at $6.24 with the swapping of 2,707 stock units, Supreme Ventures picked up 20 cents to settle at a 52 weeks’ high of $20 after clearing the market with 82,366 stocks and Sygnus Credit Investments lost 40 cents in closing at $15.10, after trading 175,692 units.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and five with lower offers.
Salada Foods gained 44 cents to finish at $7.50 in exchanging 67,172 units, Scotia Group slipped 50 cents to close at $40.80 with an exchange of 456,287 stocks, Seprod declined $4.57 to $73 after 3,586 units changed hands. Sterling Investments lost 25 cents to settle at $3.25 in transferring 15,408 shares and Victoria Mutual Investments fell 28 cents to $6.71 with 72,106 stocks changing hands.
At the close, 51 securities traded, up from 49 on Friday, with 20 rising, 23 declining and eight ending unchanged. The PE Ratio averages 16.2 based on ICInsider.com forecast of 2021-22 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.
Supreme Ventures gained 31 cents to settle at $19.81 in switching ownership of 37,888 units, Sygnus Credit Investments closed 75 cents higher at $15.50 in the swapping of 624,203 stock units and Victoria Mutual Investments rose 69 cents to $6.99 after an exchange of 227,405 units.
At the close, Barita Investments dropped $3.05 to $83 with 33,408 shares changing hands. Berger Paints advanced $1.35 to close at a 52 weeks’ high of $15 after exchanging 30,727 stock units, Caribbean Cement slid $4.98 to $81.02 with 96,636 shares crossing the exchange. Eppley Caribbean Property Fund shed 98 cents to close at $44 trading 11 units, First Rock Capital fell 40 cents to $16.50 in exchanging 50,337 shares, Grace Kennedy slipped 19 cents to close at $88.66 in switching ownership of 161,912 stocks. Jamaica Broilers ended $1 lower at $34.50 in exchanging 30,864 units, Jamaica Stock Exchange gained 24 cents to close at $17.99 with 11,600 stock units crossing the market, JMMB Group rose $1.05 to $33.05 in trading 33,966 units, Kingston Wharves advanced $1 to end at $48 in an exchange of 3,152 stocks, NCB Financial declined $1.50 to $138.50 after transferring 39,781 units, 138 Student Living gained 30 cents to end at $5.30 in exchanging 2,129 stocks. PanJam Investment rose $1 to close at $66.50 in trading 594,688 units, Proven Investments rose 94 cents to $37.95 in trading 26,800 shares, Sagicor Group closed 54 cents higher at $50.55 in an exchange of 35,406 stocks. Salada Foods rose 86 cents to $7.66 in switching ownership of 116,542 stock units, Scotia Group shed 50 cents to end at $41 in trading 20,188 units, Supreme Ventures picked up 50 cents to close at $19.50 with the swapping of 10,037,859 shares,
Victoria Mutual Investments declined 78 cents to $6.30 in trading 154,338 stock units and Wisynco Group gained 30 cents to close at $15.90, with 240,532 shares crossing the exchange.
The All Jamaican Composite Index advanced 1,110.77 points to 451,625.91, the Main Index rose 732.14 points to 427,434.05, and the JSE Financial Index inched 0.15 points up to settle at 106.89.
Trading averaged 308,990 units at $1,775,357, compared to 231,986 shares at $2,914,778 on Wednesday. Trading month to date averages 289,678 units at $3,227,079, in contrast to 287,442 units at $3,395,135 on Wednesday. April averaged 234,200 units at $1,772,561.
138 Student Living fell 30 cents to close at $5 with 3,999 stock units crossing the market, Pan Jam Investment rose $2 to close at $65.50 in exchanging 11,859 stocks, Proven Investments fell 89 cents to $37.01 in the swapping of 17,979 stock units, Pulse Investments gained 30 cents to $4.60 in switching ownership of 345,178 shares. Sagicor Group declined $1.99 to $50.01 in an exchange of 200,381 units, Salada Foods lost 20 cents to finish at $6.80 with a transfer of 117,419 stocks, Seprod gained 88 cents to close at $77.88 in trading 12,866 shares, Supreme Ventures gained 49 cents to settle at $19 with the swapping of 48,842 stock units and Wisynco Group lost 40 cents in ending at $15.60 after trading 197,460 stocks.
The JSE Main Index gained 314.36 points to 426,701.91 and the JSE Financial Index lost 0.05 points to settle at 106.74.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and three with lower offers.
Pulse Investments lost 40 cents in closing at $4.30 in an exchange of 411,205 units, Sagicor Group climbed $2.51 to $52 with 2,279,348 shares crossing the market, Salada Foods dropped 20 cents to $7 in transferring 206,193 stock units, Seprod slid 88 cents to end at $77 in switching ownership of 4,451 shares, Supreme Ventures fell $1.44 to $18.51 with 73,026 units changing hands and Wisynco Group rose 50 cents to $16 after exchanging 45,650 units.
Trading activity led to a nice rise in the All Jamaican Composite Index that climbed 2,013.60 points to settle at 449,734.73. The Main Index gained 1,725.03 points to 426,387.55 and The JSE Financial Index inched 0.10 points higher to 106.79.
Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and one with a lower offer.
Stanley Motta shed 30 cents to close at $5.85 with 1,392 units changing hands, Sterling Investments gained 23 cents to end at $2.98 in switching ownership of 20,900 stocks, Supreme Ventures rose $2.64 to a 52 weeks’ high of $19.95 in exchanging 113,998 shares. Sygnus Credit Investments lost 24 cents in ending at $14.65 with the swapping of 15,776 stock units and Wisynco Group lost 50 cents at $15.50 in an exchange of 107,145 stock units.
The All Jamaican Composite Index climbed 9,180.51 points to 444,936.95 after the index rose to a high in the morning session to 449,375.45. The Main Index advanced 8,254.00 points to 405,057.23 and the JSE Financial Index rose 1.11 points to settle at 99.34.
Trading averaged 276,094 units at $1,896,465, compared to 730,264 shares at $13,580,781 on Monday. Month to date trading averages 512,262 units at $7,972,309. April averaged 234,200 units at $1,772,561.
Palace Amusement climbed $49.50 to $900 with 252 stocks changing hands, PanJam Investment fell $3 in closing at $61 in trading 133,113 shares, Sagicor Group rose $1.01 to end at $48.51 after exchanging 47,529 stocks, Salada Foods continues its relentless rise, with a gain of 35 cents in ending at 52 weeks’ high of $9.50 in an exchange of 270,188 shares. Scotia Group advanced $2.30 to $41.80 with the transfer of 224,092 stocks, Seprod gained 55 cents to close at $80 in switching ownership of 24,938 shares, Stanley Motta ended 50 cents higher at $6 trading 4,665 stocks. Supreme Ventures picked up 48 cents to finish at $17.95 in swapping 721,683 shares and Wisynco Group lost 40 cents to end at $15.35 with 272,429 units changing hands.
Trading averaged 730,264 units at $13,580,781, compared to an average of 320,310 shares at $2,668,368 on Friday. April averaged 234,200 units at $1,772,561.
Salada Foods gained $1.74 in ending at a record close of $9.15 in an exchange of 128,211 stock units, Scotia Group shed $2.50 to close at $39.50 in trading 1,279,986 shares. Seprod fell 55 cents to end at $79.45 after 50,221 stock units cleared the market and Stanley Motta lost 40 cents to close at $5.50 with an exchange of 50,000 shares.