JSE Main Market at 14 and a half months’ high

Stocks trading started out with spirited early movements on Friday taking the market up by 2,978 points at 8 minutes into the trading session to sit just below the mid-March close, but the market slipped thereafter, with All Jamaican Composite Index hanging to 1,524.26 points to settle at 448,121.05, the JSE Main Index rose up by 1,331.40 points at 408,023.02 and the JSE Financial Index climbed 0.47 points to settle at 100.39, with the majority of price movements ending in favour of falling stocks.
Trading ended with 53 securities compared to 45 on Thursday and ended with 13 rising, 22 declining and 18 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.5.
Trading ended with an exchange of 82 percent more shares valued 77 percent higher than on Thursday as 16,976,414 shares for $141,423,527 compared to 9,318,055 units at $79,985,841 on Thursday. JMMB Group 7.5% preference share led trading with 40.6 percent of total volume for an exchange of 6.88 million shares followed by Wigton Windfarm with 14.8 percent for 2.5 million units, Jamaica Broilers 10.8 percent, with 1.83 million units and Transjamaican Highway with 6.1 percent for 1.04 million units changing hands.
Trading averaged 320,310 units at $2,668,368, compared to an average of 207,068 shares at $1,777,463 on Thursday. Month to date trading averages 234,200 units at $1,772, 561, in contrast to 229,207 units at $1,720,616 on Thursday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement fell $1.25 in closing at $88 with 91,088 shares changing hands, Carreras gained 36 cents to end at $9.95 after clearing the market with 257,861 units. Eppley Caribbean Property Fund dipped 26 cents to end at $40.74 with 1,691 stocks crossing the market. First Rock Capital advanced $1.55 to $17.45 in an exchange of 122,961 units, Jamaica Broilers declined $2.50 to $28.50 with the swapping of 1,830,085 shares, Jamaica Producers shed 45 cents to close at $28 after 8,381 stock units crossed the exchange. Jamaica Stock Exchange lost 20 cents to finish at $17.95 in trading 40,396 shares, Key Insurance closed 33 cents lower at $5.61 with 248,172 units changing hands, Kingston Properties rose $1.12 to end at $8.57 in clearing the market with 1,743 stocks. Margaritaville declined $1.10 to settle at a 52 weeks’ low of $21 in the transfer of 15,002 units, Mayberry Jamaican Equities gained 40 cents to close at $7.95 in exchanging 17,902 shares. NCB Financial Group fell $1 to $139 with the swapping of 63,842 units, Palace Amusement dropped $70 to close at $880 in trading 5 shares, Pan Jam Investment shed $1 to end at $64 in switching ownership of 9,466 units. Proven Investments closed 23 cents lower at $37.77 in an exchange of 6,043 shares, Sagicor Group advanced $2.50 to $52.50 with 139,229 units changing hands. Salada Foods ended 41 cents higher at a 52 weeks’ high of $7.41 in an exchange of 137,535 shares, Stanley Motta shed 50 cents to close at $5.90, with 19,000 stocks crossing the exchange, Supreme Ventures closed 52 cents lower at $17.47 with a transfer of 419,230 shares, Victoria Mutual Investments fell 58 cents to finish at $6.82 in exchanging 233,240 units.
In the preference segment, Productive Business Solutions 9.75% preference share dropped 99 cents to close at $109.51 in switching ownership of 99 stocks.

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

More gains for JSE Main Market

Wednesday marks the twelfth day of unbroken daily gains on the Jamaica Stock Exchange Main Market, in continuation of a recent renewed bullish move, with the volume of stocks traded increasing by 24 percent and the values jumping 384 percent higher than on Tuesday.
The All Jamaican Composite Index rose 937.30 points to 444,368.73, the JSE Main Index advanced 882.22 points to 404,765.12 and the JSE Financial Index remained unchanged at 100.37.
Trading ended with 52 securities, up from 50 on Tuesday and closed with prices of 19 stocks rising, 15 declining and 18 remaining unchanged. Salada Foods, Stanley Motta and Portland JSX traded at 52 weeks’ high while Margaritaville traded at a 52 weeks’ low. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings closed, averages 16.4.
Investors exchanged 12,977,111 shares for $274,593,779 up from 10,464,481 units at $56,687,872 on Tuesday. PanJam Investment led trading with 19.9 percent of total volume for 2.59 million shares followed by Transjamaican Highway with 16.5 percent for 2.14 million units, Wigton Windfarm 12.3 percent with 1.60 million units, JMMB Group chipped in with 9.6 percent for 1.25 million units and Pulse Investments with 7.8 percent for 1.01 million units changing hands.
Trading averaged 249,560 units at $5,280,650, compared to an average of 209,290 shares at $1,133,757 on Tuesday. Month to date trading averages 230,354 units at $1,717,673, in contrast to 229,131 units at $1,490,898 on Tuesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has six stocks ending with bids higher than the last selling prices and two with lower offers.
At the close, Barita Investments declined $1.52 to $84.98 in trading 42,001 shares, Caribbean Cement rose 75 cents in closing at $75 after exchanging 19,914 stocks, Eppley Caribbean Property Fund advanced by $1 to $41 with 60 shares changing hands. Grace Kennedy finished $1 higher at $88 in the trading of 148,802 stocks, Jamaica Broilers declined $2.64 to $29.51 after clearing the market of 98,323 shares. Jamaica Producers gained 30 cents to end at $28 with 16,874 stock units crossing the market, JMMB Group rose $1 to $33 in the swapping of 1,245,210 shares, Margaritaville shed 99 cents and ended at a 52 weeks’ low of $28, with investors switching 2,464 stocks. Mayberry Investments gained 20 cents to close at $5.35 with 42,583 stock units crossing the exchange, NCB Financial Group lost 40 cents to end at $139.60 in a transfer of 46,004 shares, Palace Amusement advanced $1 to $950 with 51 stocks crossing the exchange. PanJam Investment finished $1.10 lower at $62.52 with an exchange of 2,586,959 shares, Portland JSX rose $1.75 to close at a 52 weeks’ high of $9.75 in switching ownership of 14,852 units, Pulse Investments shed 31 cents to settle at $4.08 with the swapping of 1,014,801 stock units. Salada Foods jumped 85 cents ending at a 52 weeks’ high of $7.35 in switching ownership of 50,799 stocks. Seprod dropped $2.48 to end at $80.02 with 13,979 units changing hands, Stanley Motta rose 55 cents in closing at a 52 weeks’ high of $6.40 in transferring 1,008 stocks, Supreme Ventures ended 80 cents higher at $16.95 after trading of 147,975 shares and Sygnus Credit Investments gained 26 cents to close at $15.19 with 28,342 units crossing the market.
In the preference segment, Eppley 8.75% preference shares rose 99 cents in closing at $7.50 with 57 stock units crossing the exchange.

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

Modest gains for Main Market on Thursday

After two days of strong gains in the market indices, the market rose moderately on Thursday, with declining stocks just edging out those rising as 85 percent more funds changed hands than on Wednesday in moderate trading on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 187.57 points to 442,013.12, after hitting 443,387.95 just after midday. The Main Index rose 170.79 points to 402,637.35 and the JSE Financial Index added 0.06 points in settling at 100.22.
Trading ended with 49 securities, up from 46 on Wednesday and closed with 17 stocks rising, 19 declining and 13 remaining unchanged and three stock closed at 52 weeks’ high. The PE Ratio, based on ICInsider.com forecast of 2021-22 earnings, averages 16.
The market closed with 7,901,235 shares trading for $80,463,111 compared to 7,818,411 units at $43,587,684 on Wednesday. Wigton Windfarm led trading with 31.1 percent of total volume for 2.46 million shares followed by JMMB Group with 15.8 percent for 1.25 million units and Transjamaican Highway with 12.9 percent for 1.02 million units.
Trading averaged 161,250 units at $1,642,104, compared to an average of 169,965 shares at $947,558 on Wednesday. Month to date trading averages 232,142 units at $1,509,917, in contrast to 238,879 units at $1,499,367 on Wednesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints rose $1.50 to $13.20 with 4,288 shares changing hands, Caribbean Cement gained 25 cents to close at a 52 weeks’ high of $75.25 in the trading of 25,261 stocks, Grace Kennedy shed 50 cents to end at $87 with 93,905 stock units clearing the market. Jamaica Broilers slipped 35 cents to $29.15 in the transfer of 25,790 shares, Jamaica Producers gained 25 cents to end at a 52 weeks’ high of $28.25 with an exchange of 17,108 units, NCB Financial Group declined $1.45 to $138.55 in switching ownership of 35,039 stocks, Palace Amusement advanced $20 in closing at $870 in an exchange of 401 shares, PanJam Investment ended 60 cents higher at $63.60 in transferring 34,829 stocks. Sagicor Group gained 50 cents to close at $50.50 in trading 8,039 shares, Salada Foods picked up 25 cents to settle at a 52 weeks’ high of $6.20 with the swapping of 96,977 stock units and Seprod declined $1.19 to $82.80 in switching ownership of 22,436 shares.
In the preference segment, JMMB Group 7.25% lost 13 cents to close at $1.70, with an exchange of 40,064 units.

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

Breakout for JSE Main Market

Another gallant run was the order of the day on Wednesday ended with the market pushing 3,627 points higher to 442,228.59 after nearly 90 minutes of trading rising after more stocks advanced than declined, with an exchange of 56 percent fewer shares, valued 47 percent less than on Tuesday on the Jamaica Stock Exchange Main Market as the market continues to break away from the triangular formation that constrained for some time.
The market continues to get support for the upward rise, from three technical indicators, with one of the most powerful that suggests big gains from the channel that it has been trading in for months. It has broken out of the range and is heading for a new one.
The All Jamaican Composite Index climbed 3,224.25 points to 441,825.55, the Main Index advanced 2,908.51 points to 402,466.56 and the JSE Financial Index added 0.62 points to end at 100.16.
Overall, 46 securities traded, down from 49 on Tuesday and with prices of 15 stocks rising, 14 declining and 17 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.
At the close, 7,818,411 shares trading for $43,587,684 compared to 17,602,037 units at $81,904,936 on Tuesday. Transjamaican Highway led trading with 26.2 percent for 2.05 million shares, followed by Wigton Windfarm with 24.1 percent for 1.88 million units and Sagicor Select Financial Fund with 16 percent for 1.25 million units.
Trading averaged 169,965 units at $947,558, compared to 359,225 shares at $1,671,529 on Tuesday. Month to date trading averages 238,879 units at $1,499,367, in contrast to 244,460 units at $1,544,056 on Tuesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and two with lower offers.
The market closed with Mayberry Investments hitting an intraday 52 weeks’ low of $4.96 during trading, Stanley Motta traded at an intraday 52 weeks’ high of $6.40  and Seprod traded at an intraday 52 weeks’ high of $85.
At the close, Jamaica Stock Exchange gained 34 cents in closing at $17.60 with an exchange of 48,031 units, Kingston Wharves rose 78 cents to end at $43.79 after the transfer of 450 shares, Mayberry Investments slipped 25 cents in closing at $5.15 in the swapping of 31,520 stocks. Palace Amusement dropped $40 to finish at $850 with 291 shares clearing the market, PanJam Investment ended $1.95 higher at $63 with 24,598 stock units changing hands. Proven Investments lost 39 cents to settle at $37.11 in the trading of 18,182 stocks, Salada Foods rose 65 cents to end at $5.95 with the swapping of 65,978 shares, Scotia Group shed 37 cents ending at $41.62 in transferring 8,910 stock units and Supreme Ventures rose 29 cents to close at $16.14 after 41,765 units crossed the market.
In the preference segment, Eppley 8.25% advanced 13 cents to close at $6.25 with an exchange of 866 shares.

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

Another big breakout arrest

Another attempt for the stocks to break convincingly away from resistance level was tamed after 28 minutes of trading on Tuesday after a strong rise in the All Jamaican Composite Index markets index by 6,446 points to hit 443,393.70.

JSE Main Market breaking from a triangle formation.

The AJI market Index held on to 1,653.81 points to close at 438,601.30, the JSE Main Index advanced 1,494.18 points to 399,558.05 and the JSE Financial Index slipped 0.06 points to 99.54 as the market ended with an exchange of 133 percent more shares than on Monday.
Trading ended with 49 securities, down from 51 on Monday with 17 rising, 19 declining and 13 remaining unchanged. The PE Ratio, based on ICInsider.com forecast of 2021-22 earnings, averages 15.9.
Overall, 17,602,037 shares traded for $81,904,936 compared to 7,546,049 units at $75,677,429 on Monday. Wigton Windfarm led trading with 39.7 percent of total volume for an exchange of 6.99 million shares, followed by Sagicor Select Manufacturing & Distribution Fund with 17.5 percent for 3.08 million units, Transjamaican Highway with 14.9 percent for 2.62 million units and Sagicor Select Financial Fund with 9 percent after trading 1.60 million units.
Trading averaged 359,225 units at $1,671,530, compared to 147,962 shares at $1,483,871 on Monday. Month to date trading averages 244,460 units at $1,544,056 in contrast to 232,625 units at $1,532,021 on Monday. March averaged 354,304 units at $2,543,232.
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, Barita Investments shed 50 cents in closing at $85.80 trading 23,626 shares, Berger Paints finished 35 cents lower at $11.70 in the trading of 31,767 stocks. Caribbean Cement rose $1 to close at a 52 weeks’ high of $75 with an exchange of 42,032 units, Jamaica Producers gained 40 cents to close at $28 in the swapping of 29,010 stock units, Kingston Wharves declined by 78 cents to settle at $43.01 in the transfer of 226 stocks. MPC Caribbean Clean Energy lost 45 cents to close at a 52 weeks’ high of $127.55 in switching ownership of 9,974 units, NCB Financial rose $1.50 to $140 in an exchange of 14,704 stocks, 138 Student Living fell 20 cents to $5.50 with 791 stock units changing hands, Palace Amusement climbed $40 to end at $890 with the swapping of 259 shares. Pan Jam Investment shed $2.55 to finish at $61.05 in the exchange of 26,728 stock units, Proven Investments slid 50 cents to $37.50 in the trading of 18,300 units, Sagicor Group fell 49 cents to $50 with 16,629 shares changing hands, Scotia Group gained 34 cents to end at $41.99 in the transfer of 37,458 stock units, Seprod advanced $1.08 to close at a 52 weeks’ high of $84 with the swapping of 127,859 shares, Stanley Motta rose 61 cents to finish at $5.91 after an exchange of 25,420 stock units. Supreme Ventures advanced $1.75 to $15.85, trading 104,384 shares and Sygnus Credit Investments gained 50 cents in ending at $15 with an exchange of 74,006 stock units.

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

More gains for JSE main Market

Trading activity ended on Friday with the market rising after more stocks advanced than declined, with 14 percent more shares changing hands with 64 percent less values than on Thursday, at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index rose 833.77 points to 436,595.98, the JSE Main Index advanced 740.65 points to 397,747.50 and the JSE Financial Index fell 0.54 points to settle at 99.44.
Trading ended with 47 securities, up from 45 on Thursday, with 18 stocks rising, 16 declining and 13 remaining unchanged. The PE Ratio based on ICInsider.com forecast of 2021-22 earnings averages 15.4.
The market closed with 15,472,941 shares trading for $89,310,861 compared to 13,523,122 units at $248,266,043 on Thursday. Wigton Windfarm traded 45.6 percent of total volume, with 7.05 million shares, followed by Stanley Motta with 12.2 percent after exchanging 1.89 million units and QWI Investments with 10.3 percent for 1.59 million units
Trading averaged 329,212 units at $1,900,231, compared to 300,514 shares at $5,517,023 on Thursday. Month to date trading averages 242,960 units at $1,537,268, in contrast to 231,331 units at $1,496,747 on Thursday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments fell $1.30 to $85.10 with the trading of 8,375 shares, Caribbean Cement climbed $3.50 to $73 after 6,582 units crossed the exchange, Eppley declined by $3 to $28 after trading 89,804 stock units. Eppley Caribbean Property Fund shed 52 cents in closing at $40.02, after exchanging 1,000 stocks Jamaica Broilers lost 20 cents to finish at $29.30 with 17,536 shares changing hands. Jamaica Producers ended 25 cents lower at $25 in the swapping of 26,570 units, Jamaica Stock Exchange fell 40 cents to $17.60 after exchanging 31,336 stock units, Kingston Wharves rose 30 cents to $43.80 with a transfer of 3,116 shares, NCB Financial dropped $4.49 to $138.50 with the swapping of 264,173 units. Palace Amusement climbed $69 to close at $809 after trading 11 units, Portland JSX advanced 89 cents to $8 with investors switching ownership of 30,200 units, Proven Investments shed 70 cents in closing at $36 in an exchange of 10,779 stock units. Scotia Group lost 24 cents in closing at $41.75 in switching ownership of 89,361 shares. Seprod rose $1.10 to end at $76.60 after 12,053 stocks crossed the exchange, Supreme Ventures gained 49 cents to close at $16 with a transfer of 38,806 shares and Wisynco Group rose 73 cents to $15.83 in the swapping of 36,486 units.
In the preference segment, JMMB Group 7.25% rose 24 cents ending at $1.83 in trading 1,250 units.

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

Bears halt another big move

Bulls made a gallant attempt to push the Jamaica Stock Exchange Main Market up another 3,000 plus points on Thursday, following Wednesday’s healthy rise, but the early gains were whittled away as market activity ended, with just a few hundred points rise in the indices at the close.
The All Jamaican Composite Index advanced 375.09 points to 435,762.21, the JSE Main Index rose 322.43 points to 397,006.85, and the JSE Financial Index gained 0.36 points to end at 99.98.
Trading ended with 45 securities, down from 47 on Wednesday with prices of 19rising, 12 declining and 14 remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 15.3.
The market closed with 36 percent more shares traded with a value that was 527 percent greater than on Wednesday, resulting from 13,523,122 shares trading for $248,266,043, up from 9,910,014 units at $39,590,810 on Wednesday. Jamaica Producers led trading with 44.9 percent of total volume for 6.07 million shares, followed by Transjamaican Highway with 15 percent for 2.03 million units, Wigton Windfarm accounted for 14.7 percent with 1.99 million units and Caribbean Cement with 7.9 percent for an exchange of 1.07 million units.
Trading averaged 300,514 units at $5,517,023, compared to an average of 210,851 shares at $842,358 on Wednesday. Month to date trading averages 231,680 units at $1,486,157, in contrast to 223,508 units at $1,007,558 on Wednesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Caribbean Cement declined $2.50 in closing at $69.50 after an exchange of 1,065,806 shares, Eppley Caribbean Property Fund dropped $3.85 to $40.54, with 210 units changing hands, Jamaica Producers advanced $1.25 to a 52 weeks’ high of $25.25 in trading 6,066,805 shares. The gain follows the announcement that the company is acquiring 50 percent shares in the UK based shipping line, Geest Line Limited. Key Insurance picked up 38 cents to end at $5.96 in a transfer of 80,438 units, Mayberry Investments lost 20 cents to close at $5.15 in trading 18,224 stocks, Palace Amusement dropped $55 in ending at $740 with the swapping of 51 shares. PanJam Investment shed 49 cents to close at $62 in an exchange of 169,406 stock units, Proven Investments rose 71 cents to $36.70 trading 24,702 stocks. Sagicor Group fell 60 cents to finish at $50 after 9,782 shares crossed the exchange.

Salada Foods gained 35 cents ending at $5.20 with an exchange of 5,775 stock units, Scotia Group closed 54 cents higher at $41.99 with the swapping of 2,624 shares, Seprod rose 50 cents to close at $75.50, trading 9,402 units and Supreme Ventures gained 49 cents and ended at $15.51 in the transfer of 52,263 shares.

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

Big gains for JSE Main Market

The market gained in trading on Wednesday after advancing stocks outdistanced declining ones by a third, after 38 percent less funds traced stocks than on Tuesday, as the Main Market of the Jamaica Stock Exchange closed.
The All Jamaican Composite Index jumped 3,638.22 points to 435,387.12, the JSE Main Index climbed 3,316.85 points to 396,684.42, and the JSE Financial Index gained 0.79 points to settle at 99.62.
Trading ended with 47 securities, down from 50 on Tuesday and closed with prices of 18 stocks rising, 14 declining and 15 remaining unchanged. The PE Ratio averages 15.5 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 9,910,014 shares trading for $39,590,810 compared to 9,823,398 units at $63,848,406 on Tuesday. Wigton Windfarm led trading with 52.4 percent of total volume for 5.20 million shares, followed by Transjamaican Highway with 18.5 percent for 1.83 million units and JMMB Group 7.35% due 2028 with 7.1 percent for 701,195 units.
Trading averaged 210,851 units at $842,358, compared to 196,468 shares at $1,276,968 on Tuesday. Month to date averages 223,508 units at $1,007,558, in contrast to 225,299 units at $1,030,945 on Tuesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement declined $1.20 to $72 trading 9,767 shares, Eppley Caribbean Property Fund climbed $3.94 to $44.39 with an exchange of 786 stocks, First Rock Capital shed 55 cents to finish at $16 in transferring 5,434 stock units. Jamaica Producers ended $3.30 higher at $24 with the swapping of 100,583 shares, Jamaica Stock Exchange rose 95 cents to $17.95 with 3,250 stock units changing hands. Key Insurance shed 32 cents to close at $5.58 after 107,594 units crossed the market, Kingston Wharves finished 39 cents lower at $43.50 in exchanging 2,542 stocks. NCB Financial advanced $2.96 to $142.95 after trading 23,531 shares, Palace Amusement dropped $19 to close at $795 in switching ownership of 72 stock units, Proven Investments rose 99 cents to end at $35.99 in the swapping of 245,561 stocks. Sagicor Group gained 60 cents to settle at $50.60 with 3,166 shares changing hands, Scotia Group picked up 44 cents to end at $41.45 trading 103,584 stock units and Seprod rose 50 cents to close at $75 in switching ownership of 10,543 shares.

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

JSE majors bounce

The number of securities trading remains elevated as the market index ended higher at the close of market activity on Tuesday, but with a 51 percent fall in the volume of stocks trading at a 31 percent higher value than on Monday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 1,001.85 points to 431,748.90, the JSE Main Index rose 718.11 points to 393,367.57 and the JSE Financial Index gained 0.36 points to settle at 98.83.
Trading ended with 50 securities, up from 48 on Monday and closed with prices of 17 stocks rising, 17 declining and 16 remaining unchanged. The PE Ratio averages 15.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 9,823,398 shares traded for $63,848,406 compared to 20,114,270 units at $48,738,713 on Monday. Transjamaican Highway led trading with 27.9 percent of total volume for 2.74 million shares, followed by Wigton Windfarm with 21.3 percent and 2.09 million units and Jamaica Broilers 8.1 percent with 799,061 units trading.
Trading on Tuesday averaged 196,468 units at $1,276,968, compared to 419,047 shares at $1,015,390 on Monday. Month to date averages 225,299 units at $1,030,945, versus 230,411 units at $987,324 on Monday. March closed with an average of 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints lost 30 cents in closing at $12.01 after trading 16,258 shares, Caribbean Cement advanced $1.20 to $73.20 in an exchange of 6,029 shares, Eppley rose $1 to $31 with 409 units changing hands, Eppley Caribbean Property Fund dropped $4.05 to $40.45 after 520 shares crossed the exchange. Grace Kennedy gained 30 cents to close at $87.50 trading 27,043 stocks, Jamaica Broilers rose $1 to $29.50 with an exchange of 799,061 stock units, Jamaica Producers fell 60 cents to finish at $20.70 in the swapping of 88,069 shares. Jamaica Stock Exchange declined $1 to $17 after the trading of 100,679 stock units, JMMB Group lost 19 cents to close at $31.76 in switching ownership of 67,567 shares, Key Insurance rose 35 cents to $5.90 in exchanging 43,833 units. Margaritaville declined $2 to end at a 52 weeks’ low of $31 with a transfer of 1,000 units, Mayberry Investments gained 25 cents to close at $5.35 with 5,776 shares clearing the market, Mayberry Jamaican Equities rose 61 cents to $7.79 in exchanging 381 stock units. MPC Caribbean Clean Energy declined $1 to end at a 52 weeks’ low of $128 in switching ownership of 199 units, NCB Financial Group climbed $2.98 to $139.99 trading 19,240 stock units, Proven Investments shed 50 cents to close at $35 in the swapping of 42,727 shares. Sagicor Group climbed $2.30 to $50, trading 18,739 units, Scotia Group advanced $1.01 to $41.01 with the transfer of 13,932 stock units. Seprod gained $1 to settle at $74.50 trading 20,144 stocks, Supreme Ventures fell $1 to $15.10 with 135,475 units changing hands and Victoria Mutual Investments ended 30 cents lower at $5.30 with 266,003 shares crossing the market.
In the preference segment, Eppley 8.25% lost 15 cents to close at $6.10 with 3,039 stock units clearing the market and JMMB Group 7.25% rose 32 cents to end at a 52 weeks’ high of $2.46 in exchange of 100 units.

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

Main Market slips into the weekend

Trading ended with the market declining on the shortened Friday session with the market closing after just two hours of activity in keeping with scheduled early closure, which led to sharply reduced activity rising of 55 percent fewer shares with a value that was 49 percent less than on Thursday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 280.81 points to settle at 432,719.75, the JSE Main Index lost 93.85 points to 394,428.92 and the JSE Financial Index lost 0.41 points to end at 98.79.
Overall 49 securities traded versus 48 on Thursday with 16 rising, 15 declining and 18 ending unchanged. The PE Ratio averages 15.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 3,755,183 shares traded for $22,081,750 compared to 8,394,618 units at $43,010,092 on Thursday. Wigton Windfarm led trading with 40.3 percent of total volume for 1.51 million shares, followed by Key Insurance 10.8 percent, with 407,418 units and Transjamaican Highway with 8.3 percent for 311,804 units.
Trading averaged 76,636 units at $450,648, compared to 174,888 shares at $896,044 on Thursday. Trading month to date averaged 191,717 units at $981,567, in contrast to 222,197 units at $1,122,189 on Thursday. Trading month to date compares adversely to March with an average of 354,107 units at $2,572,127.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Berger Paints advanced 89 cents to finish at $13.19 with 100 shares traded, Caribbean Cement dropped $2.36 to $71.62 with a transfer of 833 units, Eppley Caribbean Property Fund jumped $4.11 to $44.50 with an exchange of 100 stocks. Jamaica Broilers fell 30 cents to $29 with investors switching ownership of 65,501 shares, Jamaica Producers declined by 70 cents to settle at $21.30 with 100 units changing hands, Jamaica Stock Exchange climbed $1.19 to $18.49 with 1,250 stocks traded. JMMB Group dropped 85 cents to $31.85 with 17,666 shares changing hands, Margaritaville rose $1 to $33, with a transfer of 100 units, Mayberry Investments lost 37 cents to end at $5.10 with an exchange of 55,300 stocks. Proven Investments fell 94 cents to $35 with 82 shares passing through the market, Sagicor Group declined by $1 to close at $50 with 13,238 units changing hands, Seprod climbed $1.40 to $73.50 with 5,127 shares traded. Supreme Ventures fell 60 cents to $15.50 with a transfer of 291,969 stocks and Wisynco Group gained 43 cents to finish at $15.60 with 36,182 units crossing the exchange.
In the preference segment, JMMB Group 7.25% lost 15 cents to close at $1.45 with 474 shares changing hands.

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