3rd day of gains for JSE Main market

December 28, 2020 by

Stocks recorded gains for a third day on the Jamaica Stock Exchange Main Market at the end of trading on Monday, with the market rising after an exchange of 170 percent more shares than on Thursday.
At the close, the All Jamaican Composite Index carved out a gain of 379.52 points to settle at 429,860.21, the Main Index rose 402.18 points to settle at 392,304.01 and the JSE Financial Index inched 0.29 points to settle at 102.46.
Trading ended with 47 securities changing hands compared to 44 on Thursday with prices of 18 stocks rising, 13 declining and 16 remaining unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 50,531,916 shares for $293,507,250 compared to 18,744,767 units at $218,336,612 on Thursday. Wigton Windfarm led trading in accounting for 57.7 percent of total volume with 29.16 million shares, followed by Sagicor Real Estate Fund with 23.8 percent after trading 12.01 million units. Transjamaican Highway controlled 5.8 percent of the day’s volume, with 2.95 million units, Grace Kennedy 2.4 percent with 1.19 million units and Scotia Group with 2.3 percent market share after an exchange of 1.15 million shares.
Trading for the day averaged 1,075,147 units at $6,244,835  for each security, compared to an average of 426,017 shares at $4,962,196 on Thursday. Trading month to date averaged 414,481 units at $6,809,746 for each security, in contrast to 375,716 units at $6,842,893 on the prior trading day. November trading averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Caribbean Cement gained $1.55 in closing at $61.55 in an exchange of 4,053 shares, Eppley shed $2.95 to $25.05 in an exchange of 9,999 stock units, First Rock Capital carved out a loss of 30 cents to settle at $12.55 in exchanging 5,600 units. Grace Kennedy lost $1.11 to settle at $61 after 1,192,625 shares crossed the market,  Jamaica Broilers advanced 90 cents to $29.90 with investors swapping 5,845 stock units, Jamaica Producers rose 50 cents to $21 after trading 5,723 shares. JMMB Group shed 50 cents to end at $33.50 with investors swapping 26,573 units, NCB Financial gained $2.50 to close at $144 in switching ownership of 2,977 stock units, PanJam Investment rose $2.65 to $68.15 4,878 units changing hands. Sagicor Group advanced 99 cents to $49.99 after 580,544 shares cleared the market, Salada Foods dropped $5.84 to close at $23.15 trading 1,000 units, Supreme Ventures declined by 37 cents to $17.50 after 19,428 stock units crossed the exchange. Victoria Mutual Investments climbed 35 cents to close at $6 with an exchange of 643,937 stocks and Wisynco Group rose 50 cents to $16.30, with 259,786 shares crossing the market.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Santa left presents at the JSE main market

December 24, 2020 by

Gifts were left at the Jamaica Stock Exchange Main Market on Thursday but they did not satisfy all, but the market closed after rising stocks were just squeezed out by those declining after an exchange of 24 percent fewer shares at 55 percent increased value changed hands than on Wednesday.
At the close, the All Jamaican Composite Index surged 5,262.81 points to 429,480.69, the Main Index jumped 4,683.95 points to end at 391,901.83 and the JSE Financial Index increased 1.53 points to settle at 102.17.
Trading ended with 44 securities changing hands compared to 48 on Wednesday and ended with prices of 15 stocks rising, 17 declining and 12 remaining unchanged. The PE Ratio closed at an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 18,744,767 shares trading at $218,336,612 compared to 24,549,135 units at $140,421,055 on Wednesday. Sagicor Real Estate Fund led trading with 32 percent of the volume, with 6.01 million shares, followed by Transjamaican Highway with 22.6 percent after 4.24 million units traded, Wigton Windfarm accounted for 14.5 percent, with 2.71 million shares and Scotia Group controlled 5.9 percent of stocks traded with 1.11 million units changing hands.
Trading for the day averaged 426,017 units at $4,962,196 for each security, compared to an average of 511,440 shares at $2,925,439 on Wednesday. The month to date average resulted in 375,716 units at $6,842,893 for each security, compared to 372,792 units at $6,952,207 on the prior trading day. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Barita Investments declined 39 cents to $83.58 after 18,659 shares crossed the market, Caribbean Cement lost $2 to end at $60 after exchanging 3,124 stocks, Carreras gained 35 cents to end at $7.35 after trading 267,663 shares. Eppley gained $3 to end at $28 in swapping 13,039 stocks, Eppley Caribbean Property Fund rose by 49 cents to $44.99 in trading 890 stock units, Grace Kennedy lost $8.41 to close at $62.11, with 969,427 stock units changing hands. Jamaica Producers lost 50 cents to end at $20.50 after exchanging 73,566 shares, JMMB Group climbed $1.01 in closing at $34 and trading 174,744 units, MPC Caribbean Clean Energy carved out a loss of $10 to end at $135 with an exchange of 150 stocks. NCB Financial rose $1.50 to $141.50 while exchanging 35,029 stock units, PanJam Investment shed $2.20 to end at $65.50 after 11,725 shares crossed the exchange, Sagicor Group carved out a loss of 50 cents and ended at $49 after trading 106,746 stocks. Seprod gained 50 cents to settle at $66.50 exchanging 1,664 units and Sygnus Credit Investments lost 90 cents to end at $16, with 206,274 shares changing hands.
In the preference segment, Eppley 7.5% preference share lost $1 in ending at $6 with an exchange of 3,000 stock units.

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

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JSE Main Market pre-Christmas rally

December 23, 2020 by

Trading on Wednesday, resulting in an almost even split between rising and declining stocks on the Jamaica Stock Exchange Main Market after the volume of shares exchanged was marginally lower than on Tuesday.
At the close, the All Jamaican Composite Index rose 1,881.19 points to settle at 424,217.88, the Main Index climbed 1,702.34 points to 387,217.88 and the JSE Financial Index added 0.44 points to close at 100.64.
Trading ended with 48 securities changing hands compared to 46 on Tuesday and ended with prices of 20 stocks rising, 21 declining and seven ending unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market saw trading of 24,549,135 shares for $140,421,055 down from 24,954,720 units at $310,333,709 on Tuesday. Wigton Windfarm led trading with 44.7 percent of total volume after trading 10.98 million shares, followed by Sagicor Real Estate Fund with 25.5 percent for 6.27 million units, Transjamaican Highway 8.7 percent market share with 2.14 million units, QWI Investments 5.6 percent with 1.4 million units and Sagicor Select Financial Fund 4.7 percent market share with 1.15 million units.
Trading on Wednesday averaged 511,440 units at $2,925,439 for each security, compared to an average of 542,494 shares at $6,746,385 on Tuesday. Trading month to date averaged 372,792 units at $6,952,207 for each security, in contrast to 363,405 units at $7,224,823 on the prior trading day. November ended with an average of 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments carved out a gain of 57 cents to close at $83.97, with an exchange of 53,075 shares, Berger Paints lost 55 cents in ending at $14, with 2,926 stock units crossing the market, Caribbean Cement climbed $5 to $62 with 19,192 units clearing the market. Carreras gained 41 cents to close at $7, trading 615,139 stocks, with the bid at $7.10, to purchase 256,243 shares at the close, Eppley fell $3.90 to end at $25 in exchanging 11,000 shares. Grace Kennedy jumped $7.52 to close at $70.52 with 175,952 shares crossing the exchange, but 175,952 units of the stock were offered for sale at $63.85 at the close. Jamaica Broilers rose $2.74 to $28.99 in switching ownership of 37,777 shares, Jamaica Stock Exchange gained 40 cents to close at $19.80, with 1,758 stock units changing hands. Kingston Wharves declined by $1.09 to $45.80 after exchanging 385 units, Mayberry Investments increased 38 cents to $6.15 in trading 12,925 stock units, NCB Financial shed $4.97 in ending at $140 with 128,875 stocks crossing the exchange. 138 Student Living increased 51 cents in closing at $4.86 and exchanging 1,838 shares, Palace Amusement rose $100 to $1300 after exchanging 16 units,  Portland JSX climbed $1.50 to $9.50 exchanging 800 shares, Sagicor Real Estate Fund rose 47 cents to close at $7.75, with 6,265,503 stocks crossing the exchange. Salada Foods climbed $5.72 to $28.74 in an exchange of one share, Scotia Group increased $2.49 to $45 in trading 703,239 stocks and Sygnus Credit Investments advanced 90 cents to $16.90 while trading 21,929 stock units.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

NCB corners 94% traded value

December 21, 2020 by

NCB Financial had another day of a big trade and dominated activity on Monday, with more than half of the volume traded accounting for 94 percent of the overall value traded on the Jamaica Stock Exchange Main Market on Monday.  

NCB Financial Group cornered the largest portion of JSE trading on Monday.

At the close of trading, the All Jamaican Composite Index rose 2,558.91 points to settle at 427,530.58, the JSE Main Index gained 2,168.39 points to settle at 390,163.47 and the JSE Financial Index gained 1.31 points to settle at 102.10.
For the second consecutive trading day 46 securities changed hands with prices of 13 stocks rising, 20 declining and 13 unchanged. The PE Ratio closed with an average of 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 17,323,616 shares trading for $1,538,352,731 compared to 37,661,093 units at $245,318,135 on Friday.
NCB Financial Group led trading with 57.6 percent of total volume after exchanging 9.98 million shares, followed by Transjamaican Highway with 15.3 percent after 2.65 million units traded and Sagicor Select Financial Fund with 4.3 percent market share, with 736,342 shares.
Trading averaged 376,600 units at $33,442,451 for each security, compared to 818,719 shares at $5,333,003 on Friday. Month to date averaged 350,980 units at $7,258,018 for each security, in contrast to 349,070 units at $5,305,856. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the market’s close, Barita Investments fell 80 cents to $83.70 trading 387,659 shares, Caribbean Cement climbed 39 cents to $56.98 in exchanging 3,127 units, Eppley lost $1 to close at $25 with investors swapping  3,425 stocks. Eppley Caribbean Property Fund dropped $2 in closing at $43 after trading 1,200 stock units, Grace Kennedy lost $2 in ending at $61 in an exchange of 529,336 shares, Jamaica Producers lost $1.37 in closing at $19.63, with 24,506 stocks crossing the market. JMMB Group fell $2.93 to $32.07 with investors swapping 18,419 shares, Key Insurance lost 89 cents to close at $7.10 in an exchange of 133,506 stocks, Kingston Properties shed $1.04 to end at $6.21 in an exchange of 1,417 shares. Kingston Wharves advanced 90 cents to $46.90 after exchanging 11,025 stocks, Mayberry Investments lost 50 cents to end at $6 with 695 shares trading, MPC Caribbean Clean Energy shed $14 to end at $145 with an exchange of 10 stock units. NCB Financial climbed 50 cents to $144.50, with 9,979,058 shares crossing the exchange, Palace Amusement climbed $87 to $1300 in trading 14 units, PanJam Investment rose $1.15 to end at $67.97 trading 37,700 shares. Portland JSX lost 48 cents in ending at $8 trading 15,755 stock units, Sagicor Group climbed $4.99 to $50, with 46,612 units passing through the market, Salada Foods lost $4 to close at $25 in exchanging 1,267 shares and Scotia Group shed $1.02 to end at $43.48 trading 11,546 stock units.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Slippage for JSE Main Market

December 17, 2020 by

Trading for the week continued to seesaw with the Jamaica Stock Exchange Main Market declining marginally on Thursday following Wednesday’s four-digit index fall with more stocks declining than rising after an exchange of 29 percent fewer shares than on Wednesday with 200 percent increased value.
At the close, the All Jamaican Composite Index shed 469.19 points to 425,750.84, the Main Index lost 370.18 points to 388,653.19 and the JSE Financial Index slipped 0.12 points to settle at 101.22.
Similar to trading Wednesday the market close with 45 securities changing hands with prices of 14 stocks rising, 23 declining and eight remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 13,243,734 shares for $907,847,284 compared to 18,734,982 units at $302,910,320 on Wednesday. NCB Financial led trading with 45.5 percent of total volume, after exchanging 6.02 million shares followed by Wisynco Group with 8.4 percent for 1.11 million units and QWI Investments with 7.1 percent for 940,061 stock units.
Trading for the day averaged 294,305 units at $20,174,384 for each security, compared to an average of 416,333 shares at $6,731,340 on Wednesday. Month to date averaged 311,235 units at $5,303,669 for each security, in contrast to 312,683 units at $4,031,460 on Wednesday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading had six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments loss 40 cents and ended at $84.50, with an exchange of 3,104 shares, Berger Paints rose $1 to end at $14, with 8,835 stock units passing through the market. Eppley advanced by $3.90 to a record high of $28.90, in trading 2,218 units, Eppley Caribbean Property Fund gained 69 cents to settle at $44.99, after 6,650 stock units crossed the market, Grace Kennedy dropped $3.80 in closing at $61.20, with 79,901 shares changing hands. Jamaica Producers fell $1.65 to $19.85, after exchanging 6,300 stock units, Jamaica Stock Exchange closed at $19.45, with gains of 69 cents, with 7,557 units passing through the market, JMMB Group fell $1 to $32 after an exchange of 126,949 shares. Key Insurance ended $1.05 lower at $7.35, with an exchange of 147,940 shares, Mayberry Investments lost 52 cents to close at $6, with 19,300 stock units passing through the market, MPC Caribbean Clean Energy declined by $5 to $160 after investors switched ownership of 30 units. NCB Financial climbed $1.86 to $142 in exchange 6,022,238 shares, 138 Student Living shed 41 cents to settle at $4.34, in an exchange of 348 units, Pan Jam Investment lost 50 cents in closing at $65.50 trading 7,986 units, Sagicor Group rose $1.25 to $49.50, with investors swapping 12,622 stock units. Salada Foods advanced by $2.98 to $29, in an exchange of 1,000 units, Scotia Group dropped $1 to close at $44, after the transferring of 30,250 shares, Seprod lost 55 cents in closing at $66.45, with 1,813 units changing hands and Wisynco Group slipped 98 cents to close at $15.50, with 1,114,154 shares passing through the market.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rising volume falling prices

December 16, 2020 by

Market activity resulted in more stocks declining than rising at the end of trading on the Jamaica Stock Exchange Main Market on Wednesday after an exchange of 149 percent more shares than on Tuesday and the value surging by 196 percent.
At the close, the All Jamaican Composite Index dropped 2,513.76 points to 426,220.03, the Main Index lost 2,243.25 points to settle at 389,023.37 and the JSE Financial Index lost 0.58 points to close at 101.34.
Trading ended with 45 securities changing hands compared to 43 on Tuesday and closed with the prices of 14 stocks rising, 16 declining and 15 remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 18,734,982 shares for $302,910,320 compared to 7,525,461 units at $102,351,143 on Tuesday. Mayberry Jamaican Equities led trading with 53.4 percent of total volume, after an exchange of 10 million shares followed by Grace Kennedy with 16.7 percent for 3.14 million units, Transjamaican Highway with 5.6 percent for 1.05 million units and QWI Investments with 5.6 percent for 1.05 million units changing hands.
Trading for the day averaged 416,333 units at $6,731,340 for each security, compared to an average of 175,011 shares at $2,380,259 on Tuesday. Month to date averaged 312,683 units at $4,031,460 for each security, in contrast to 302,986 units at $3,778,872 to Tuesday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Grace Kennedy advanced by $2 to $65, with 3,135,643 shares changing hands, Jamaica Broilers gained 49 cents to end at $28.49 after exchanging 14,383 stock units, Jamaica Stock Exchange fell by $1.23 to $18.76, in trading 24,100 units. JMMB Group closed at $33, with a loss of $1.50 in exchanging 13,511 shares, Kingston Properties rose 40 cents to $7.25, after crossing the exchange with a mere 27 units, NCB Financial dropped $4.85 to $140.14, with investors switching ownership of 19,286 stocks. Pan Jam Investment settled at $66, after losing $1.99 after transferring 1,056 units, Seprod closed $1 higher at $67, with 4,452 stock units changing hands and Sygnus Credit Investments rose 38 cents to $16.58 trading 133,911 shares.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Main Market climbs again

December 15, 2020 by

The Jamaica Stock Exchange Main Market ended trading on Tuesday with gains after more stocks advanced than declined after trading accounted for 110 percent funds chasing stocks and driving the market indices higher by up to 2,000 points.
At the close, the All Jamaican Composite Index climbed 2,008.23 points to 428,733.79, the Main Index advanced 1,833.71 points to 391,266.62 and the JSE Financial Index rose 0.41 points to 101.92.
Trading ended with 43 securities changing hands for a second consecutive day and with prices of 19 stocks rising, 14 declining and 10 remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 7,525,461 shares for $102,351,143 up from 7,084,366 units at $48,587,272 on Monday. Transjamaican Highway led trading with 17.7 percent of total volume, trading 1.33 million shares, followed by Wigton Windfarm with 16.5 percent for 1.24 million units and QWI Investments with 12.1 percent for 908,796 units.
Trading for the day averaged 175,011 units at $2,380,259 for each security, compared to an average of 164,753 shares at $1,129,937 on Monday. Month to date trade averaged 302,986 units at $3,778,872, in contrast to 315,550 units at $3,916,179 on Monday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has six stocks ending with bids higher than their last selling prices and eight with lower offers.
At the close of the market, Berger Paints lost 45 cents to end at $12.95, after exchanging 81,965 shares, Eppley Caribbean Property Fund climbed $1.40 to settle at $44.40, in trading 700 units, Grace Kennedy fell $3.49 to $63, with 107,543 shares changing hands. Jamaica Broilers lost 32 cents to end at $28, in transferring 42,518 stock units, Jamaica Stock Exchange climbed $1.23 in closing at $19.99, with investors switching ownership of 77,977 shares, JMMB Group rose 50 cents to $34.50, after exchanging 218,767 shares. Kingston Properties shed 40 cents to end at $6.85, with investors swapping 400 units, Kingston Wharves closed at $47.15, with gains of 60 cents trading 5,116 units, Mayberry Investments rose 86 cents to $6.52, in an exchange of 30,960 stock units. MPC Caribbean Clean Energy advanced by $19.50 to $165 after transferring 704 units, Palace Amusement climbed $113 to end at $1,213, after an exchange of 34 units, PanJam Investment closed $5.99 higher at $67.99, with 13,695 units crossing the market. Pulse Investments gained 35 cents to end at $4.71, with 255,000 shares changing hands, Sagicor Group rose $1.49 to $48.50, trading 32,896 stock units, Sterling Investments gained 39 cents to settle at $3.05, in an exchange of 314,500 shares. Supreme Ventures finished at $18, with gains of 50 cents and 78,024 shares crossing the exchange, Sygnus Credit Investments gained 31 cents to end at $16.20, after 67,770 shares cleared the market.
In the preference segment, Eppley 8.75% preference share shed $1.33 to $7.52 and finishing with an exchange of 211 units.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Main Market closes higher

December 10, 2020 by

The Jamaica Stock Exchange Main Market indices regained momentum in trading on Thursday after an exchange of 23 percent more shares traded than on Wednesday but with more stocks falling than rising.
At the close, the All Jamaican Composite Index advanced by 4,980.27 points to 428,314.70, the Main Index climbed 4,490.67 points to 390,788.62 and the JSE Financial Index rose 2.00 points to settle at 102.20.
Trading ended with 46 securities changing hands compared to 44 on Wednesday and closed with the prices of 14 stocks rising, 18 declining and 14 remaining unchanged. The average PE Ratio ended at 16.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading resulted in 5,190,810 shares changing hands for $45,639,960 compared to 4,210,405 units at $40,575,680 on Wednesday. Wigton Windfarm led trading with 29.3 percent of total volume, after exchanging 1.52 million shares followed by Transjamaican Highway with 11.5 percent for 595,299 units and Ciboney Group with 10.8 percent market share for 561,269 units after the stock traded at a 52 weeks’ high of 21 cents.
Trading for the day averaged 112,844 units at $992,173 for each security, compared to an average of 95,691 shares at $922,175 on Wednesday. The average month to date trade is 309,597 units at $4,431,412 for each security, in contrast to 339,174 units at $4,948,422 on Wednesday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments fell by $1.50 to close at $85, with an exchange of 6,956 units, Caribbean Cement shed $1 to settle at $56, after clearing the market with 4,063 units. Eppley Caribbean Property Fund climbed $3 to end at $43.50, in exchanging 1,071 units, Grace Kennedy shed 96 cents to close at $63.03, with the changing of ownership of 31,199 shares, Jamaica Broilers lost 45 cents to close at $28 trading 18,187 stock units. Jamaica Producers declined $1.24 to $20.50, after exchanging 28,512 shares, Jamaica Stock Exchange gained 49 cents to $18.76, with investors swapping 6,700 units, Kingston Wharves advanced by $1.80 to $48.80, with 3,308 units crossing the exchange. Mayberry Investments ended at $6, with gains of 39 cents after exchanging 35,146 shares, Mayberry Jamaican Equities rose 97 cents to close at $8.19, after crossing the exchange with 10,500 units, NCB Financial dropped $1 to $146, in trading 58,216 shares. 138 Student Living gained 34 cents to end at $4.65, with 1,101 units trading, Palace Amusement dropped $100 in closing at $1,200, with 5 units passing through the market, Pan Jam Investment gained 39 cents to end at $64.39, with an exchange of 8,413 units. Sagicor Group fell by $2.49 to $47.01, with 32,983 shares crossing the exchange, Salada Foods shed 99 cents to close at $26.02 trading 500 units and Scotia Group declined by $2.59 to close at $41.41, in transferring 171,015 shares after the Group reported lower full-year profit than in 2019.

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

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Big gains for JSE Main Market indices

December 8, 2020 by

The Jamaica Stock Exchange Main Market regained some of the grounds lost on Monday with the market index rising after an exchange of 33 percent more shares than on Monday, despite more stocks falling than rising and values down marginally.
At the close, the All Jamaican Composite Index climbed 1,991.05 points to 429,520.28, the Main Index advanced by 1,803.16 points to 391,895.69 and the JSE Financial Index gained 0.90 points to settle at 102.67.
Trading ended with 46 securities changing hands similar to that on Monday and closed with the prices of 16 stocks rising, 21 declining and nine remaining unchanged. The average PE Ratio ended at 16.2 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 28,767,472 shares for $57,416,333 compared to 21,659,826 units at $60,805,085 on Monday. QWI Investments led trading with 70.7 percent of total volume, after exchanging 20.33 million shares followed by Sagicor Select Financial Fund with 8.7 percent for 2.51 million units. Transjamaican Highway with 6.7 percent market share for 1.93 million units changing hands and JMMB Group 7.5% with 4 percent for 1.07 million units.
Trading for the day averaged 625,380 units at $1,248,181 for each security, compared to an average of 470,866 shares at $1,321,850 on Monday. The average month to date trade is 380,065 units at $5,624,586 , in contrast to 327,822 units at $6,556,598. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments shed $1.10 to end at $86.90, with investors switching ownership of 17,820 shares, Berger Paints advanced $1 to $14 after exchanging 374 units, Caribbean Cement declined by $3.01 to $53.99, in trading 18,651 stock units. Eppley rose $1 to close at $21, with 1,530 units passing through the market, Eppley Caribbean Property Fund fell by $3.50 to $40.50, in exchanging 2,385 shares, First Rock Capital rose $1 to end at $12, after exchanging 30,794 stock units. Grace Kennedy gained 99 cents to settle at $63.99, in clearing the market with 47,206 stocks, Jamaica Broilers closed 50 cents higher at $28.50, with an exchange of 190,927 units, Jamaica Producers rose $1.24 in closing at $21.74, after trading 43,847 shares. Jamaica Stock Exchange lost 50 cents to finish at $19.50 after 4,456 stock units passed through the market, JMMB Group dropped $2 to close at $33.01, in exchanging 46,056 shares, Kingston Wharves fell $1.45 to $46.55, with 4,744 units changing hands. Palace Amusement declined by $105 to $1,300 after trading 12 units, Pan Jam Investment advanced $6 to $68, with 19,919 stock units crossing the exchange, Portland JSX fell by $2 to $7, in exchanging 6,606 shares. Sagicor Group rose $2.98 to $49.50 after owners switched 8,268 units, Sagicor Real Estate Fund shed $1.48 to settle at $6.01 trading 22,100 stock units, Salada Foods ended at $27.01, with a loss of $1.97 exchanging 200 shares. Scotia Group declined $4.37 to $43.12, in clearing the market with 19,042 stock units, Supreme Ventures gained 40 cents to settle at $18, with 55,133 shares crossing the market and Sygnus Credit Investments closed 57 cents higher at $16.57, in exchanging 28,814 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

JSE Main Market tumbles

December 7, 2020 by

Prices tumbled on Monday and sent the Jamaica Stock Exchange Main Market indices diving sharply lower after the value of shares trading tumbled 94 percent below Friday’s out-turn.
At the close, the All Jamaican Composite Index dived 6,819.00 points to 427,529.23, the Main Index dropped 6,331.19 points to 390,092.53 and the JSE Financial Index shed 2.36 points to settle at 101.77.
Trading ended with 46 securities changing hands compared to 41 on Friday and closed with the prices of 15 stocks rising, 24 declining and seven remaining unchanged. The average PE Ratio ended at 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors traded 21,659,826 shares for $60,805,085 compared to 26,035,964 units at $1,185,955,996 on Friday. Transjamaican Highway led trading with 73.7 percent of total volume, after exchanging 15.96 million shares, followed by Wigton Windfarm with 7.1 percent for 1.53 million units and Sagicor Select Financial Fund with 3.7 percent market share for 794,869 units.
Trading averaged 470,866 units at $1,321,850 for each security, compared to an average of 635,024 shares at $28,925,756 on Friday. The average trade for the month to date is 327,822 units at $6,556,598 for each security, in contrast to 289,116 units at $7,973,059 . November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and nine with lower offers.
At the close of the market, Barita Investments fell $2 in closing at $88, with investors switching ownership of 1,886 shares, Berger Paints shed 80 cents to end at $13, in trading 5,017 units. Eppley dropped $3 in closing at $20, with investors switching ownership of 9,536 units, Eppley Caribbean Property Fund closed at $44, after losing 80 cents and trading 7,998 units, First Rock Capital slid $1.50 to $11, with 31,000 shares crossing the exchange. Grace Kennedy shed $1 to settle at $63, in trading 21,414 stock units, Jamaica Broilers gained 50 cents to settle at $28, in exchanging 29,230 stock units, Jamaica Producers shed $1.25 to close at $20.50, with a transfer of 15,667 stock units. Jamaica Stock Exchange gained 45 cents to end at $20, after investors swapped 2,252 units, Mayberry Investments advanced by $1.37 to $6.97, in an exchange of 7,557 units, MPC Caribbean Clean Energy declined by $4.50 to close at $145.50, in trading 117 units. NCB Financial Group shed 50 cents to end at $145, in transferring 92,444 shares, 138 Student Living gained 40 cents to end at $4.60 after exchanging 92 units, Palace Amusement climbed $105 to settle at $1,405, in crossing the exchange with 3 units, Pan Jam Investment declined by $6 to settle at $62, after clearing the market with 18,976 units. Proven Investments dropped $1 to close at $36, in trading 15,274 units, Sagicor Group declined by $5.48 to $46.52, in clearing the market with 2,593 units, Scotia Group climbed $2.99 in closing at $47.49, with an exchange of 33,426 shares. Seprod fell $1.99 to settle at $64, in transferring 13,119 stock units, Supreme Ventures gained 49 cents in closing at $17.60, with investors switching ownership of 62,688 shares and Sygnus Credit Investments lost 99 cents to settle at $16, with an exchange of 116,506 shares.
In the preference segment, Eppley 8.25% gained $1 to end at $7, in trading 2,214 units.

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

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