Wigton Windfarm dominates trading

The Jamaica Stock Exchange Main Market ended trading on Thursday, with the market declining after an exchange of 53 percent more shares valued 78 percent less than on Wednesday as Wigton Windfarm accounted for just under 90 percent of the day’s volume.

Wigton closed at anew high of $1

Wigton traded nearly 90% of shares on Thursday.

At the close, the All Jamaican Composite Index declined by 2,930.79 points to 411,956.48, the Main Index dropped 2,537.24 points to 375,941.91, while the JSE Financial Index lost 0.64 points to settle at 98.94.
Trading ended with 48 securities changing hands compared to 44 on Wednesday and closed with the prices of 17 stocks rising, 25 declining and six remaining unchanged. The average PE Ratio ended at 15.5 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 35,657,782 shares for $66,458,232  compared to 23,292,101 units at $301,807,924 on Wednesday. Wigton Windfarm led trading with 89.9 percent of the total volume of 32.07 million shares, followed by Sagicor Select Financial Fund with 1.8 percent for just 658,539 units and Transjamaican Highway with 605,527 units for 1.7 percent market share.
Trading ended with an average of 742,870 units changing hands at $1,384,547 for each security, compared to an average of 529,366 shares at  $6,859,271 on Wednesday. The average trade for the month to date ended at 376,667  units at $5,319,395 for each security, in contrast to  347,371 units at $5,634,183. Trading month to date is well ahead of September’s average of 265,170 units at $3,271,625.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Caribbean Cement fell $1.50 to settle at $42.50, in clearing the market with 19,755 shares, Eppley shed 99 cents to end at $18.01 trading 3,000 units, Jamaica Broilers rose $1.98 to $27.98, with 49,510 shares passing through the market. Jamaica Stock Exchange gained 65 cents to close at $18.15, in an exchange of 5,405 stock units, Key Insurance fell $1.10 to $8.50 after clearing the market with 581,674 stock units, Kingston Properties climbed $1.25 to $7.50 after trading 237 units. Margaritaville climbed $4.83 to settle at a 52 weeks’ high of $37.04 after an exchange of 906 shares, Mayberry Jamaican Equities shed 90 cents, clearing the market with 10,444 stock units to end at $6.50, NCB Financial traded at $136.03, with a loss of 47 cents after 6,827 units passed through the market. Palace Amusement added $20 to close at $1,470 in an exchange of 37 units,  Proven Investments settled at $38.62, after losing $1.38 with 14,591 stock units changed hands, Salada Foods gained 90 cents to close at $26, with an exchange of 14,663 stocks. Scotia Group lost 31 cents and ending at $46.01, with 41,370 shares changing hands, Seprod dropped $7 to $59.98, trading 187,632 shares, Sygnus Credit Investments lost 50 cents to close at $18, trading 135,856 units and Wisynco Group gained 60 cents after exchanging 40,127 shares to settle at $16.60.
In the preference segment of the Main Market, JMMB Group 7% lost 32 cents to end at 52 weeks’ low of $1.35, in an exchange of 58,000 shares and Productive Business Solutions 9.75% preference share closed at $101, with a loss of $1 trading 60 units.

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

More gains for JSE Main Market

The Jamaica Stock Exchange Main Market ended trading on Wednesday, with the market rising marginally after more stocks declined than rising in an exchange of 455 percent more shares, with a 757 percent rise in value than on Tuesday.
At the close, the All Jamaican Composite Index gained 35.98 points to 414,887.27, the Main Index rose 193.22 points to 378,479.15, while the JSE Financial Index shed 0.39 points to settle at 99.58.
Trading ended with 44 securities changing hands compared to 42 on Tuesday and closed with the prices of 14 stocks rising, 21 declining and nine remaining unchanged. The average PE Ratio ended at  15.3 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 23,292,101 shares for $301,807,924  compared to 4,197,312 units at $35,206,443 on Tuesday. Wigton Windfarm led with 41.4 percent of total volume, trading 9.65 million shares, followed by Jamaica Broilers with 35.4 percent as 8.25 million units traded, Sagicor Select Financial Fund with 6.5 percent after 1.52 million units changed hands and Transjamaican Highway accounting for 4.8 percent with 1.12 million units.
Trading ended with an average of 529,366 units at $6,859,271 for each security compared to an average of 99,936 shares at $838,249 on Tuesday. The average trade for October to date ended at 347,371 units at $5,634,183 for each security, in contrast to 332,968 units at $5,537,233. Trading month to date is well up on  September’s average of 265,170 units at $3,271,625.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 8 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Berger Paints gained 55 cents to settle at $12.30, exchanging 63 shares, Caribbean Cement fell $1.01 to $44, trading 39,214 units, Eppley rose $1 to $19, with 38,500 stocks crossing the market. First Rock Capital gained 71 cents to close at $12.89, with 57,770 shares passing changing hands, Jamaica Broilers slid 90 cents to $26, in exchanging 8,253,792 stock units, JMMB Group finished at $29.73, with gains of 85 cents and ending, with 39,190 shares crossing the market. Kingston Properties fell $1.25 to $6.25 after finishing with 3,970 stock units changing hands, Mayberry Jamaican Equities shed 40 cents to close at $7.40, in trading 12,734 stock, MPC Caribbean Clean Energy rose $29 to $169 after trading 100 units. NCB Financial Group declined $1.50 in closing at $136.50, with an exchange of 139,361 shares, Palace Amusement lost $39 and closed at $1,450, trading 15 units, Proven Investments dropped $1.25 to end at $40, in an exchange of 9,400 stock units. Sagicor Group fell $1.79 to $44.11 trading 22,550 shares, Scotia Group dropped $2.18 to $46.32, in trading 3,235 units, Seprod climbed $8.48 to a 52 weeks’ closing high of $66.98 after hitting a new high of $70, with investors swapping 149,833 shares after the company reported a big increase in nine months profit and Supreme Ventures lost 38 cents to end at $14.52, in trading 16,842 stock units.

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

JSE Main Market drops

The Jamaica Stock Exchange Main Market ended trading on Thursday with more stocks declining than rising after an exchange of 66 percent fewer shares than on Wednesday.
At the close, the All Jamaican Composite Index dropped 2,341.04 points to 408,471.68, the Main Index fell 2,030.19 points to 372,567.86 and the JSE Financial Index lost 0.60 points to settle at 98.62.
Trading ended with 41 securities changing hands compared to 45 on Wednesday and closed with the prices of 14 stocks rising, 16  declining and 11 remaining unchanged.
The average PE Ratio ended at 15.5 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 11,653,516 shares for $352,808,782 compared to  34,264,220 units at $1,811,637,449 on Wednesday. Scotia Group led trading by 24.9 percent of total volume, with 2.91 million shares, followed by Grace Kennedy with 17.2 percent or 2.01 million units, Wigton Windfarm with 10.5 percent market share or 1.23 million units and Transjamaican Highway, with 9.3 percent after closing with 1.08 million units changing hands.
Trading ended with an average of 284,232 units changing hands at $8,605,092 for each traded security compared to an average of 761,427 shares at $40,258,610 on Wednesday. The average trade for the month to date ended at 316,587  units at $6,160,243 for each security, in contrast to 319,665 units at $5,927,670. Trading month to date compares well to September’s average of 265,170 units at $3,271,625.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments gained 30 cents to settle at $92.50, after crossing the exchange with 88,414 shares, Berger Paints closed at $11.50, with gains of 39 cents in exchanging 2,556 units, Eppley Caribbean Property Fund advanced $6.35 to $49.50, in trading 5,305 units. First Rock Capital ended 30 cents higher at $12.80, in transferring 7,155 units, Jamaica Broilers Group declined by $2.10 to settle at $25.10, with investors swapping 7,974 units, Jamaica Producers rose 80 cents to end at $20, with 25,763 stock units crossing the exchange. Key Insurance shed 80 cents in closing at $8.80, trading 31,534 shares, Kingston Wharves gained 43 cents to finish at $45, in transferring 276 units, NCB Financial climbed $1.50 to settle at $137, with 40,366 shares changing hands. Proven Investments fell $1.55 to end at $38.60 trading 923 units, Sagicor Group  declined $1.52 to settle at $44.20, with 23,010 stock units crossing the exchange, Seprod closed 98 cents higher to $56.98 after 43,168 shares passed through the market. Supreme Ventures ended with gains of 67 cents as investors switched ownership of 11,609 stock units, Sygnus Credit Investments shed $1 to end at $18, in exchanging 9,992 units, Victoria Mutual Investments lost 65 cents to settle at $5.54, with 33,186 stock units changing hands and Wisynco Group gained 49 cents to end at $16.50 trading 13,586 stock units.

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

Main Market falters on Friday

After rising for two consecutive days, the Jamaica Stock Exchange Main Market ended down on Friday after more stocks fell than rose, with an exchange of 126 percent more shares, with 16 percent less value than on Thursday.
At the close, the All Jamaican Composite Index lost 739.29 points to settle at 406,841.95, the Main Index lost 674.19 points to finish 371,394.93, the JSE Financial Index shed 0.06 points to end at 97.37.
Trading ended with 41 securities changing hands compared to 42 on Thursday and ended with the prices of 11 stocks rising, the prices of 18 declining and 12 with prices remaining unchanged. The average PE Ratio of the market ended at 15.6 based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 9,609,776 shares for $53,167,158 compared to 4,243,411 units at $63,166,132 on Thursday.
Wigton Windfarm led trading with 26.2 percent of total volume with an exchange of 2.52 million shares, followed by Pulse Investments with 24.8 percent for 2.38 million units, Sagicor Select Financial Fund with 15.9 percent after 1.53 million units changed hands and Transjamaican Highway with 11.8 percent in exchanging 1.13 million shares.
Trading concluded with an average of 234,385 units changing hands at $1,296,760 for each security, compared to an average of 101,034 shares at $1,503,956 on Thursday. The average trade for the month to date ended at 239,879 units at $1,628,974 for each security, in contrast to 240,756 units at $1,681,973 on Thursday. Trading for the month to date compares adversely to September’s average of 265,170 at $3,271,625.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments lost 50 cents to finish at $79.50 after exchanging 24,695 shares, Berger Paints dropped 50 cents to settle at $12 with 500 stock units changing hands, Caribbean Cement gained 38 cents to end at $48.50 with 1,736 stock units passing through the market. Eppley shed $1.75 to close at $19 with 1,435 units trading, First Rock Capital fell 50 cents to finish at $12.40 with investors transferring 29,575 stocks, Key Insurance rose 57 cents to settle at $9.50 with an exchange of 38,491 stocks. Kingston Wharves dropped $1.90 to end at $47 with 13,114 stock units changing hands, Mayberry Investments gained 58 cents to close at $5.95 trading 11,797 shares, MPC Caribbean Clean Energy declined $1 to finish at $169 with investors transferring 59 stock units. PanJam Investment climbed 50 cents to settle at $70.50 with 1,000 units passing through the market, Pulse Investments fell 38 cents to end at $4.20 with an exchange of 2,378,564 stock units, Scotia Group lost $1.47 to close at $48.50 with 13,037 stocks changing hands. Seprod dropped 49 cents to settle at $55.50 after trading 14,388 stock units and Wisynco Group climbed 84 cents to finish at $16.19 with 10,818 units crossing the exchange.

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

JSE majors move higher

The Jamaica Stock Exchange Main Market ended trading on Wednesday, with the market rising moderately after investors exchanged 41 percent more shares than on Tuesday.
At the close, the All Jamaican Composite Index gained 582.72 points to 404,829.93, the Main Index advanced 480.87 points to 369,280.09, while the JSE Financial Index advanced 0.25 points to settle at 96.81.
Trading ended with 44 securities changing hands compared to 45 on Tuesday and closed with the prices of 19 stocks rising, 17 stocks declining and eight remaining unchanged. The average PE Ratio ended at  15.4 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 14,824,256 shares for $112,540,610 versus 10,527,397 units at $50,333,563 on Tuesday. Wigton Windfarm led trading, with 56.1 percent of total volume, accounting for 8.32 million shares, followed by Transjamaican Highway with 16.5 percent or 2.44 million stock units and JMMB Group, with 9.9 percent market share for 1.47 million units.
Trading ended with an average of 336,915 units changing hands at $2,557,741 for each security compared to an average of 233,939 shares at $1,118,524 on Tuesday. The average trade for the month to date ended at 268,050 units at $1,716,749 for each security, in contrast to 250,330 units at $1,500,353. Trading, month to date, compares well to September’s average of 265,170 units at $3,271,625.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 10 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Berger Paints slipped $1 to $12, in trading 3,804 shares, Caribbean Cement ended at $49, after gaining $1 with investors switching ownership of 3,416 stock units, Eppley declined $3.75 to close at $18, in exchanging 133,002 units, Eppley Caribbean Property Fund advanced by $1.80 to $43.95, with a transfer of 50 shares. First Rock Capital rose 78 cents to close at $12.90, in exchanging 14,570 stock units, Jamaica Broilers climbed $1 in closing at $26, with 1,419 units crossing the market, Kingston advanced by $3 to $49, with investors swapping 47 units. 138 Student Living lost 39 cents to close at $4.50, in exchange of 408 units, PanJam Investment settled at $70, with gains of $1 after trading 2,655 units, Proven Investments lost 51 cents to end at $39.99, in clearing the market with 3,991 units, Sagicor Group rose 89 cents to end at $45, after an exchange of 1,008 units. Salada Foods shed 71 cents to finish at $27.28, in trading 42 units, Scotia Group declined $3.40 to end at $46.38, with 53 929 shares trading, Seprod finished at $53.10, after losing $2.90 and exchanging 34,828 shares and Sygnus Credit Investments declined by $1.15 to end at $17.85 trading 38,411 shares.
In the preference segment of the market, Community & Workers of Jamaica Credit Union rose 34 cents to end at $1.99, trading 5,148 shares.

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

JSE Main Market pulled back on Tuesday

The All Jamaican Composite Index pulled back 3,769.65 points to close at 404,247.21, the Main Index dropped 3,353.79 points to end at 368,799.22, but Jamaica Stock Exchange Main Market ended trading on Tuesday with the market still higher than the close on Friday after posting strong gains on Monday.
At the close, and the JSE Financial Index shed 0.68 points to settle at 96.56.
Trading ended with 45 securities changing hands compared to 44 on Monday and closed with the prices of 20 stocks rising, 14 declining and 11 remaining unchanged. The average PE Ratio ended at  15.3  based on the IC Insider.com forecast of 2020-21 earnings.
The market closed after trading 34 percent fewer shares than Monday, with an exchange of  10,527,397 shares for $50,333,563 compared to 15,995,307 units at  $79,703,616 on Monday. Trading was led by Stanley Motta, with 38 percent of total volume for 4 million shares, followed by Transjamaican Highway with 23.5 percent or 2.48 million units and  Sagicor Select Financial Fund 16.4 percent for 1.73 million stock units.
Trading ended with an average of 233,942 units changing hands at $1,118,524 for each security compared to an average of 363,530 shares at  $1,811,446 on Monday. The average trade for the month to date ended, with  250,331 units at  $1,500,353 for each security, in contrast to  256,184  units at $1,636,720. Trading month to date compares adversely to September’s average of  265,170 units at $3,271,625.
At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Berger Paints shed 48 cents to end at $13, with an exchange of 240 units, Eppley rose 75 cents to close at $21.75, with 453 units clearing the market,  Eppley Caribbean Property Fund climbed $1.15 to settle at $42.15, in trading 2,000 units. First Rock Capital ended at $12.12, after losing 78 cents after transferring 6,225 stock units, Jamaica Stock Exchange gained 39 cents to close at $18.89, in trading 15,493 stock units, Kingston Wharves declined by $4 to settle at $46, in an exchange of 2,085 units. Mayberry Investments rose 59 cents to $5.99 after trading 15,997 stock units, Mayberry Jamaican Equities lost 50 cents to close at $8 trading 419 shares, Pan Jam Investment shed 50 cents to settle at $69, with 3,600 units changing hands. Proven Investments advanced $4.50 to close at $40.50, with 8,687 stock units clearing the market, Sagicor Group finished at $44.11, with a loss of 89 cents after 12,417 stock units passed through the market,  Scotia Group climbed $3.47 to finish at $49.78, in trading 4,006 units Seprod rose $1 to close at $56, in exchanging 10,611 stock units, Stanley Motta gained 43 cents to end at $5.13, with 4,000,000 shares crossing the market and Sygnus Credit Investments lost 49 cents in closing at $19, with 5,376 stock units changing hands.

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

JSE Main market climbs on Monday

Rising stocks dominated the Jamaica Stock Exchange Main Market on Monday and drove the primary market indices higher after an exchange of 75 percent more shares than on Friday, with a slight dip in the value of stocks changing hands.
At the close, the All Jamaican Composite Index advanced by 4,791.17 points to 408,016.86, the Main Index climbed 4,053.26 points to 372,153.01 and the JSE Financial Index gained 1.04 points to settle at 97.24.
Trading ended with 44 securities changing hands compared to 41 on Friday and closed with the prices of 17 stocks rising, 17 declining and 10 remaining unchanged. The market’s average PE Ratio ended at 15.2 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 15,995,307 shares for $79,703,616 compared to 9,117,461 units at $80,839,987  on Friday. Transjamaican Highway led trading with 58.5 percent of total volume as 9.35 million shares changed hands followed by QWI Investments with 8 percent or 1.29 million units and Wigton Windfarm, 5.9 percent, with 946,319 units shares.
Trading ended with an average of 363,530 units changing hands at $1,811,446 for each security, compared to an average of 222,377 shares at  $1,971,707 on Friday. For the month to date, the average trade amounts to 256,184 units at $1,636,720 for each security, in contrast to 198,584 units at $1,542,965. Trading month to date compares adversely to September’s average of 265,170 units at $3,271,625.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments rose $2.92 to close at $77.90, trading 334,913 shares, Berger Paints advanced by $2.48 to close at $13.48, as investors switched ownership of 13,856 stock units, Eppley fell $1.70 to $21, clearing the market with 5,114 stock units. Eppley Caribbean Property Fund declined by $9 in ending at  $41, after exchanging 540 units, First Rock Capital lost 35 cents in closing at $12.90, in trading  26,522 stock units, Jamaica Broilers Group shed 99 cents to end at $25.01, in exchanging 24,776 stock units. Jamaica Producers Group closed at $20, having lost 50 cents after trading 21,701 stock units, JMMB Group gained 40 cents to close at $29.50, with an exchange of 145,377 shares, Kingston Wharves gained 85 cents to finish at $50, with 8,689 units crossing the market. Mayberry Investments shed 74 cents to end at $5.40, with 3,052 units changing hands, Mayberry Jamaican Equities rose 50 cents to $8.50, in transferring 57,660 shares, MPC Caribbean Clean Energy jumped $7 to $170, after exchanging 428 units. Pan Jam Investment climbed $1.50 to $69.50, with 15,507 shares crossing the market, Portland JSX  closed $1.14 higher at $8.19, in transferring 10,378 stock units, Sagicor Group gained 90 cents to settle at $45, with 20,241 stocks changing hands. Scotia Group dropped $3.17 to finish at $46.31 trading 55,877 shares, Sygnus Credit Investments gained 49 cents in closing at $19.49, with an exchange of 8,778 units and Wisynco Group lost 39 cents to close at $15.60 transferring 150,994 shares.

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

Barita jumps to record close

The Jamaica Stock Exchange Main Market surged sharply on the last trading day of the month to close at the highest point since the first day in July as Barita Investments jumped to a new one year high of $95.51, after trading levels for the marketing ended with an increase of 162 percent more shares changing hands than on Tuesday.

The chart shows a saucer shape for the market that points to a sharp rise in the market.

At the close, the All Jamaican Composite Index surged 9,745.94 points to settle at 416,926.56, the Main Index jumped 8,779.22 points to settle at 380,425.98 and the JSE Financial Index increased 3.07 points to settle at 100.45.
Trading ended with 46 securities changing hands compared to 45 on Tuesday and ended with the prices of 22 stocks rising, the prices of 12 declining and 12 remaining unchanged. The average PE Ratio of the market ended at 15.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 16,710,134 shares for $211,378,559 compared to 6,376,770 units at $90,289,336 on Tuesday. Pulse Investments led trading with 26.5 percent of total volume in an exchange of 4.43 million shares, followed by Sagicor Select Financial Fund with 21.4 percent or 3.57 million units, Sagicor Group with 9.4 percent market share for 1.57 million units. Transjamaica Highway traded 1.38 shares for 8.3 percent market share, Wigton Windfarm with 1.32 million units, Sagicor Select Manufacturing & Distribution Fund with 1.3 million units.
Trading ended with an average of 363,264 units changing hands at  $4,595,186 for each security, compared to an average of 141,706 shares at $2,006,430 on Tuesday. The average trade for the month to date, ended at 265,170  units at $3,271,625 for each security, in contrast to 260,128 units at  $3,203,598 on Tuesday. </Trading month to date compares adversely to, August with an average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 13 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments increased $5.51 in ending at 52 weeks’ high of $95.51 in trading 874,473 shares, Caribbean Cement advanced $1.46 to settle at $49.50 while exchanging 37,212 stocks, Eppley Caribbean Property Fund carved out a loss 30 cents in closing at $50 in an exchange of 400 shares. First Rock Capital advanced 40 cents in ending at $13 after exchanging 6,568  units, Jamaica Broilers climbed $2.20 to end at $27.70 with investors switching ownership of 16,232 stock units,  Jamaica Producers carved out a gain of 50 cents in closing at $21 in trading  48,979 units. Jamaica Stock Exchange climbed $1.40 in closing at $19.85 and trading 202,830 stock units, JMMB Group jumped $2.99 ending at $31 with an exchange of 118,333 stock units, Key Insurance advanced $1.24 to settle at $9.61 in clearing the market with 151,331 stocks. Kingston Wharves gained $3.10 in ending at $49.10 after exchanging 100 stock units, Mayberry Investments climbed $1.09 to close at $6.25 with 10 stock units changing hands, Mayberry Jamaican Equities increased 64 cents in closing at $8.30 trading 2,832 stocks. MPC Caribbean Clean Energy dropped $5 to settle at $150, with 1,605 stock units passing through the market, PanJam Investment carved out a gain of $3.49 in closing at $69.50, with 24,108 stock units passing through the market, Portland JSX dropped 45 cents to close at $7.05 with investors switching ownership of 106,892 shares. Sagicor Group carved out a gain of $2.10 to settle at $46.40 while exchanging 1,571,769 units, Stanley Motta climbed 47 cents to close at $5.12, with 33,715 stocks clearing the market. Supreme Ventures dropped 40 cents in closing at $14, with 5,437 shares changing hands, Sygnus Credit Investments advanced $1.70 and ended at $19.40 in exchanging 93,341 shares and Wisynco Group advanced 45 cents to close at $16.90 trading 55,901 stock units.
In the Main Market preference segment, Productive Business Solutions 9.75% Preference share advanced $24 to settle at $104 with investors switching ownership of five stock units.

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

Main market trading plunged Monday

The value of stocks trading dropped 81 percent on Monday compared to Friday, swelled by near 15 million units of Barita worth $1.16 billion shares trading Jamaica Stock Exchange Main Market, but trading volume fell 53 percent versus Friday.
At the close of trading, the All Jamaican Composite Index dropped 1,325.14 points to 406,913.84, the JSE Main Index fell 1,198.98 points to 371,405.38 and the JSE Financial Index shed 0.73 points to settle at 96.61.
Trading ended with 42 securities changing hands, the same number as Friday and closed with the prices of 12 stocks rising, 22 declining and eight remaining unchanged.  The average PE Ratio of the market ended at 15.8  based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 11,383,554 shares for $229,812,014 compared to 24,341,786 units at $1,198,275,855  on Friday. Pulse Investments led trading with 22.1 percent of total volume, with 2.51 million shares followed by Transjamaican Highway with 16.7 percent or 1.90 million units. Barita Investments ended with 12.7 percent for 1.44 million units and Wigton Windfarm closed with 12 percent of the market, ending with 1.37 million units changing hands.
Trading ended with an average of 271,037 units changing hands at $5,471,715 for each security compared to an average of 579,566 shares at  $28,530,378 on Friday. The average trade for the month to date ended at  266,398 units at $3,266,977 for each security, in contrast to 266,157 units at $3,152,375. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918 for each security.
IC bid-offer Indicator| At the end of trading, the  Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments advanced $2.90 to close at $79.90, with 1,441,342  shares changing hands, Berger Paints shed 64 cents, ending at $11.85 with 12,425 stock units crossing the market. Caribbean Cement ended at $48.04, after a loss of 67 cents in an exchange of 5,196 units,  Jamaica Broilers Group climbed $1.44 to settle at $27.44, trading 9,635 stock units. Jamaica Producers Group lost 30 cents to close at $20.70, with an exchange of 8,382 shares, Kingston Wharves slid 50 cents to settle at $49.50, after clearing the market with 404 units, NCB Financial Group gained 89 cents, in ending at $132.99 with investors swapping 172,508 shares. 138 Student Living rose 35 cents to end at $4.85, after clearing the market with 15,605 stock units, PanJam Investment dropped $3.49 to $66.01, in transferring 150,938 shares, Pulse Investments gained 30 cents to settle at $4.90, in trading 2,510,192 shares. Scotia Group fell to $47.14,  after losing $1.36 and exchanging 627,325 shares Seprod fell 50 cents to $55.50, with investors switching ownership of  177,004 shares, Supreme Ventures fell $1.50 to settle at $13, as investors swapped 795,566 shares. Sygnus Credit Investments lost 70 cents to close at $17.80, in trading 28,469 stock units and Wisynco Group shed 58 cents to close at $15.90, with 45,481 stock units passing through the market.
In the preference segment of the Main Market, Eppley 8.75% preference shares fell $1.88 in closing at $6.71, with investors swapping 724,607 shares.

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

Barita gobbles up major market share

Fresh from its successful APO earlier this month that was oversubscribed, Barita Investments, accounted for 61 percent of the volume on the Jamaica Stock Exchange Main Market on Friday as investors exchanged 14.9 million shares with the last traded price of $77 per share, up 48 percent from the highest APO offer price of $52.

Barita Investments headquarters

Word on the street is that a Trinidadian based financial Institution who bought into the recent public issue may have bought additional shares in the market over the past three days.
At the close of trading, the All Jamaican Composite Index advanced by 987.26 points to 408,238.98 and is at its highest level since August 3 when it closed at 412,296.65. The Main Index gained 887.88 points to 372,604.36 and the JSE Financial Index rose 0.27 points to settle at 97.34.
Trading ended with 42 securities changing hands compared to 46 on Thursday and closed with the prices of 17 stocks rising, 13 declining and 12 remaining unchanged. The average PE Ratio of the market ended at 15.8 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 24,341,786 shares for $1,198,275,855 compared to 13,141,814 units at $242,747,146 on Thursday. Barita Investments led trading with 61.2 percent of total volume after 14.89 million shares changed hands, followed by Pulse Investments with 11.6 percent or 2.82 million units, Sagicor Select Financial Fund with 10.2 percent for 2.49 million units and Transjamaican Highway closing with 8.4 percent and 2.04 million shares.
Trading ended with an average of 579,566 units changing hands at $28,530,378 for each security, compare to an average of 285,692 shares at  $5,277,112 on Thursday. The average trade for the month to date ended at 266,157  units at $3,152,375 for each security, in contrast to  248,972 units at $1,760,892. Trading month to date compares adversely to August’s  average of 497,441 units at $3,201,918 .
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments dipped $1 to $77 after exchanging 14,885,457 shares, Caribbean Cement gained $3.21 to close at $48.71, with 4,000 stock units changing hands. Eppley closed at $23.50, after losing 50 cents and clearing the market with 3,069 units, First Rock Capital shed 30 cents to end at $13, with 500 units passing through the market, Jamaica Producers Group settled at $21, having gained $1 trading 163,769 shares. JMMB Group closed at $29.50, with gains of 44 cents after exchanging 29,044 shares, Mayberry Investments rose 51 cents to $6, in trading 176,019 shares, NCB Financial Group shed 90 cents to finish at $132.10, with 5,816 stock units  crossing the market. 138 Student Living lost 35 cents and end at $4.50, in trading 24,749 shares, Palace Amusement climbed  $320 to end at $1,620 after exchanging just two units, PanJam Investment climbed $3.50 to $69.50, after 1,158 units changed hands, Portland JSX lost 50 cents to close at $7.50, in trading 89,998 shares. Proven Investments gained 45 cents to end at $38.45,  with investors swapping 1,326 units, Pulse Investments fell to $4.60, after losing 38 cents and transferring 2,821,362 shares, Seprod rose 75 cents to close at $56, with an exchange of 5,490 stock units. Supreme Ventures gained 65 cents to settle at $14.50, with 442,677 shares crossing the exchange and Sygnus Credit Investments climbed $1.15 to settle at $18.50, after exchanging 38,902 stock units.

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