Trading broke the $200 million mark for the first time this year on Friday, the last trading day for the in January for Jamaica Stock Exchange Main Market and the only second time for the month that trading value exceeded $110 million in a day when just over $116.6 million worth of shares crossed the market on January 20.
The market closed with 11,980,396 shares, 30 percent more than Thursday and 168 percent more in value at $215,025,944, up from 9,368,496 units at $83,242,802 on Thursday.
Trading averaged 272,282 units at $4,886,953 for each security, compared to an average of 234,212 shares at $2,081,070 on Thursday. The month to date averaged 311,456 units at $1,435,407 for each stock, in contrast to 313,511 units at $1,254,396 on the prior trading day and well off December average of 455,206 units at $7,774,631.
Wigton Windfarm led trading with 19.1 percent of total volume after an exchange of 2.29 million shares followed by Sagicor Select Financial Fund with 14.3 percent for 1.71 million units, Grace Kennedy chipped in with 11.5 percent for 1.38 million units and Transjamaican Highway with 11.4 percent for 1.37 million units.
At the close, the All Jamaican Composite Index climbed 2,827.24 points to 425,254.53, the JSE Main Index rose 2,558.50 to 387,937.83 and the JSE Financial Index added 0.56 points to close at 99.32.
Trading ended with 44 securities changing hands compared to 40 on Thursday and closed with prices of 17 stocks rising, 18 declining and nine remaining unchanged. The average PE Ratio was 16.6 based on ICInsider.com forecast of 2020-21 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.
At the market closing, Caribbean Cement dropped $3.99 to $60.51, with a transfer of 27,289 shares. First Rock Capital gained 40 cents to $13.10 after 2,635 units crossed the market. Jamaica Producers closed 40 cents higher at $20, in trading 15,002 stocks. Jamaica Stock Exchange rose 30 cents to $19.50 in trading 129,636 stock units, JMMB Group climbed $1.10 to $32.50, with an exchange of 80,460 shares, Kingston Wharves rose $2.50 $46.50, after switching ownership of 4,238 stocks. Mayberry Investments shed 38 cents to finish at $5.45 in an exchange of 5,232 stock units, 138 Student Living gained 45 cents in ending at $4.45 and trading 4,039 units, Palace Amusement dropped $164 to close at $1,051, with investors swapping 4 units. 
Pan Jam Investment declined by $3 to $67, with 134,726 stocks crossing the market, Sagicor Group advanced by $3.01 to $52 after trading 598,948 stock units, Sagicor Real Estate Fund fell 95 cents to $8 in exchanging 19,000 shares. Salada Foods climbed $3 to $37, in swapping of 80,784 units, Scotia Group rose 79 cents to close at $43.79, in an exchange of 28,402 stock units, Sygnus Credit Investments shed 30 cents in closing at $16, with 34,889 units crossing the market and Victoria Mutual Investments lost 30 cents to end at $5.55, with the swapping of 62,867 stocks.
In the preference segment, Eppley 8.25% gained 42 cents to settle at $7, in exchanging 2,081 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index advanced by 793.87 points to 419,405.38 and the Main Index rose 732.08 points to 382,649.18, and the JSE Financial Index gained 0.60 points to settle at 98.30.
Trading averaged 252,025 units at $1,384,475 for each security, compared to an average of 683,391 shares at $1,732,445 on Monday. The month to date averaged 328,085 units at $1,225,912, in contrast to 333,020 units at $1,215,624 on Monday. Trading in December averaged 455,206 units at $7,774,631.
Sagicor Group rose 85 cents to $47.50, with 156,219 units crossing the market, Sagicor Real Estate Fund gained 70 cents to close at $8.95 trading 500 stocks, Salada Foods fell $3 to $33, with 966 stock units changing hands. Scotia Group fell 50 cents to $44 after the transferring of 20,375 units and Sygnus Credit Investments closed at $16.10, with a loss of $1.80 136,520 stock units changing hands.
Trading month to date averaged 307,009 units at $1,049,528 for each security, in contrast to 326,985 units at $1,105,486 on Friday. Trading in December averaged 455,206 units at $7,774,631.
Pan Jam Investment closed at $68, after losing $2.17 and trading 4,017 shares, Sagicor Real Estate Fund rose 70 cents to $8.95, in a transfer of 250 stocks, Salada Foods advanced to $35, with gains of $1.80 in switching ownership of 44,051 stock units. Scotia Group fell $1.90 to $42.10, exchanging 8,179 shares and Seprod gained 30 cents, ending at $63.80 after 10,198 stocks crossed the exchange.
Trading for the day averaged 151,130 units at $853,303, compared to 301,312 shares at $1,395,993 on Thursday. Trading month to date averaged 326,985 units at $1,105,486, in contrast to 346,427 units at $1,133,366 on Thursday. Trading in December averaged 455,206 units at $7,774,631.
Kingston Wharves shed 74 cents to end at $46.76, in switching ownership of 425 units, NCB Financial fell $1 to $139, with 37,390 stock units crossing the market, Palace Amusement dropped $200 in closing at $1,100, with an exchange of 39 units. PanJam Investment fell $1.77 to $70.17, in transferring 1,793 units, Salada Foods ended at $33.20, with a loss of $2.80 trading 21,881 stocks, Scotia Group rose $1 to $44, after exchanging 22,377 shares, Seprod shed 70 cents in closing at $63.50, in an exchange of 10,331 stocks and Stanley Motta settled at $5.45, with gains of 39 cents while exchanging 7,231 stock units.
The All Jamaican Composite Index slumped 3,448.73 points to 427,800.39, the Main Index dropped 3,105.44 points to close at 390,255.61 and the JSE Financial Index dipped 1.17 points to settle at 101.03.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and five with lower offers.
Pulse Investments lost 30 cents to end at $4.45, with investors swapping 2,607,378 shares, Sagicor Group rose 85 cents to end at $50.35 after trading 10,629 stock units, Sagicor Real Estate Fund declined by $1.95 to $6.30, as investors swapped 10,000 shares and Salada Foods fell $2.75 to $26, with 871 units crossing the market.
December ended with an average of 455,206 units at $7,774,631.
Stanley Motta closed at $5, with a loss of 48 cents exchanging 1,700 units. Supreme Ventures was down 34 cents to $17.56 with the transfer of 55,921 shares, Sygnus Credit Investments gained 34 cents to settle at $16.94, with investors swapping 27,623 shares and Victoria Mutual Investments gained 32 cents to end at $5.99 trading 1,900 units.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and three with lower offers.
138 Student Living shed 47 cents to close at $4.37 exchanging 107 units, Proven Investments declined by $1.01 to close at $34, after crossing the exchange with 31,112 shares, Salada Foods climbed $1 to $30, after exchanging 6,010 units. Scotia Group shed 70 cents to close at $44.25, with an exchange of 24,970 stock units and Wisynco Group shed 47 cents to close at $16.05 trading 103,159 shares.
At the close, the All Jamaican Composite Index dipped 1,075.49 points to 432,445.60, the Main Index dropped 1,031.36 points to 394,583.57 and the JSE Financial Index lost 0.02 points to settle at 102.07.
Investor’s Choice bid-offer indicator reading has six stocks ending with bids higher than their last selling prices and four with lower offers.
Sagicor Group gained 50 cents to end at $50.50, in exchanging 12,901 units, Sagicor Real Estate Fund shed 74 cents ending at $8.25, in trading 2,963 shares, Salada Foods shed $1 in closing at $29 trading 410 units. Scotia Group gained 70 cents to close at $44.95, after 17,262 stock units changed hands, Sygnus Credit Investments rose 29 cents to settle at $16.76, trading 37,047 shares. Victoria Mutual Investments slipped 35 cents to $5.65, trading 61,267 shares and Wisynco Group declined 98 cents to $16.52 after exchanging 31,231 shares.
The local market has recovered some 16 percent of the losses suffered up to March 25, but the gains so far are some way off the start of the year. At the close, the All Jamaican Composite Index rose 2,252.56 points to close at 433,521.09, the Main Index gained 2,013.69 points to close at 395,614.93 and the JSE Financial Index lost 0.16 points to end at 102.09.
Wisynco Group ended with 6.4 percent market shares from 2.53 million units, JMMB Group 6.2 percent with 2.5 million units, Barita Investments 4 percent with 1.59 million units and Wigton Windfarm 3.9 percent market share with 1.54 million units.
MPC Caribbean Clean Energy dropped $5 to close at $153 in switching ownership of 12 units, NCB Financial declined by $3 to $142 in exchanging 6,748 stocks, PanJam Investment shed $2.13 in closing at $66.02 and trading 10,010,704 shares. Pulse Investments increased 36 cents to $4.50 in switching ownership of 6,616,355 stock units, Sagicor Group lost $1 in closing at $50 and finished trading 19,340 stocks, Salada Foods rose $2.75 to $30, trading 130,001 stock units. Scotia Group lost 70 cents to end at $44.25 after 17,576 units crossed the exchange, Sygnus Credit Investments climbed $1.07 in closing at $16.47 with investors swapping 75,710 shares, Wisynco Group increased by $1 to $17.50 in trading 2,527,199 stock units.
Trading for the day averaged 614,217 units at $11,886,046 for each security, compared to an average of 651,934 shares at $6,663,580 on Tuesday. Trading month to date averages 435,836 units at $7,056,56, in contrast to 426,447 units at $6,802,380 on Wednesday. November ended with an average of 623,120 units at $6,686,047.
Margaritaville dived $13.23 to $43 in an exchange of 855 units, Mayberry Investments lost 31 cents to close at $5.77 trading 132,619 stock units, MPC Caribbean Clean Energy climbed $22.99 to $158 in an exchange of 729 units. NCB Financial gained $3 to close at $145 with an exchange of 34,603 stock units, Radio Jamaica climbed 33 cents to $1.68 in exchanging 766,452 shares, Sagicor Group climbed 60 cents to $51 while trading 1,086,033 stock units. Scotia Group increased $1.44 in closing at $44.95 with 6,540 shares changing hands, Seprod declined by $1.50 to $65 after exchanging 38,172 units and Stanley Motta climbed 60 cents to $5.50 in transferring ownership of 275,734 stocks.