Trading drops for JSE Main Market

Declines in primary indices of the JSE Main Market continues at the close on Monday, with a greater fall than that suffered on Friday as trading volume and value fell sharply.
The market closed with 43 securities changing hands in the Main and US dollar markets, with the prices of 18 advancing, 12 declining and 13 stocks unchanged. The JSE Main Market activity ended, with 39 securities trading and accounting for 9,751,709 shares, valued $42,684,443 in contrast to 10,152,496 units for $85,998,804, from 41 securities on Friday.
At the close, JSE All Jamaican Composite Index dropped 2,825.82 points to close at 559,742.46. The JSE Market Index declined by 2,563.54 points to 509,831.86 and the JSE Financial Index lost 0.45 points to end at 137.93.
Sagicor Select – Financial Funds dominated trading, with 3.5 million shares and 35.5 percent of shares traded, followed by Wigton Windfarm with 2.54 million units for 26 percent of the day’s trade and QWI Investments rounded out the top three, with 993,376 shares for 10 percent of market share.
The market closed, with an average of 250,044 units valued at $1,094,473 for each security traded, in contrast to 247,622 units valued at an average of $2,097,532 on Friday. The average volume and value for the month, amounts to 518,678 shares at $2,134,204 for each security crossing the exchange, compared to 658,367 units for $2,674,864 trading to date for each stock changing hands. Trading in December, resulted in an average of 595,143 units for $9,344,514 for each security changing hands.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows twelve stocks ending, with bids higher than their last selling prices, with three closing, with a lower offer. The PE ratio of the market ended at 19.7, with the Main Market ending at 19.1 times the current year’s earnings.
At the close of trading in the prime market, Berger Paints dropped 60 cents in trading 506 units at $17.90, Caribbean Cement jumped $4.50 to end at $84.50 in exchanging 5,811 stock units, Eppley Caribbean Property Fund climbed $4.20 to end at $$44.20 with 8,060 shares changing hands. Grace Kennedy jumped $3 to close at $75, after trading 19,945 units, JMMB Group climbed $1 in trading 65,704 units to settle at $48. NCB Financial lost 50 cents to end at $199.50, after trading 20,234 stock units, PanJam Investment added $3.49 to end at $103, with 500 units crossing the exchange, Portland JSX gained $1.80 in exchanging 9,000 shares to close at $9. Proven Investments rose by 50 cents in trading 3,227 units to close at $46.50, Sagicor Group added $1.30 to close at $70 with 8,597 units crossing the exchange, Scotia Group fell $2 to close at $57 with an exchange of 23,956 stock units, Supreme exchanged 43,790 shares and gained 40 cents to close at $25.40 and Wisynco Group fell 85 cents to $23.10, with 37,212 shares changing hands.
Trading in the US dollar market closed with 30,050 units valued at over $7,229. The market index dropped by 5.59 points to close at 226.44. Margaritaville lost 2 cents to close at 34 US cents in exchanging 375 units, Proven Investments gained a fraction of a cent to end at 32 US cents in trading 5,440 units, Sterling Investments held firm at 3 US cents with 235 shares changing hands and Sygnus Credit Investments closed at 15 US cents in trading 14,000 units.

Drop for JSE Main Market

More stocks declined than rose at the end of trading on the JSE Main Market on Friday, leading to a modest fall in the primary indices of the market.
The market closed with 43 securities changing hands in the Main and US dollar markets, with the prices of 12 advancing, 16 declining and 15 stocks remaining unchanged. The JSE Main Market activity ended, with 41 securities accounting for 10,152,496 units, valued $85,998,804 in contrast to 39,225,030 units for $114,615,971, from 34 securities on Thursday.
At the close, JSE All Jamaican Composite Index dropped 653.75 points to 562,568.28. The JSE Market Index declined by 470.69 points to close at 512,395.40 and the JSE Financial Index gained 0.05 points to close at 138.38.
Sagicor Select – Financial Fund dominated trading, with 3.4 million shares for 33.4 percent of total shares traded, followed by Wigton Windfarm with 2.54 million units for 25 percent of the day’s trade and Sagicor Select – Manufacturing & Distribution Fund with 946,634 shares for 9 percent of market share.
The market closed, with an average of 247,622 units valued at $2,097,532 for each security traded, in contrast to 1,153,677 units valued at an average of $3,371,058 on Thursday. The average volume and value for the month to date amounts to 658,367 units for $2,674,864 for each security changing hands. Trading in December resulted in an average of 595,143 units for $9,344,514 for each security traded.
IC bid-offer Indicator| 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 with one closing, with a lower offer. The PE ratio of the market ended at 19.4, with the Main Market ending at 18.9 times the current year’s earnings.
In the prime market, Barita Investments gained 34 cents to close at $73.85, with 17,077 shares changing hands, Berger Paints added 49 cents in trading 6,934 units at $18.50, Caribbean Cement dropped $4 to end at $80 in exchanging 32,184 stock units. Grace Kennedy lost $1 to close at $72, after trading 1,507 shares, Jamaica Broilers lost 40 cents to settle at $40.50, with 16,149 units changing hands, Jamaica Producers declined $3 to end at $24, with 106,961 stock units crossing the exchange. Mayberry Investments lost 49 cents to end at $8.51, in trading 19,055 stock units, PanJam Investment shed $2.49 to end at $99.51, with 5,350 units crossing the exchange. Proven Investments dropped $3.89 in exchanging 28,052 units to close at $46, Pulse Investments declined $1.30 with 323,031 shares changing hands, to end at $6.20. Sagicor Group dived $9.25 trading 37,462 stock units at $68.70, Salada Foods jumped $2.50 to close at $37.50 with 3,260 changing hands, Scotia Group rose $3 to close at $59 with an exchange of 601,925 stock units. Seprod lost $1.50 to end at $50 with a transfer of 6,883 shares and Wisynco Group gained 45 cents to $23.95, with 133,187 shares changing hands.
Trading in the US dollar market closed with 84,128 units valued at over $28,707. The market index advanced 4.88 points to close at 232.03. Proven Investments fell 0.06 cents in exchanging 80,669 units to close at 31.30 US cents, Sterling Investments rose 0.04 cents in trading 1,600 units to close at 2.9 US cents and JMMB Group 6.0% preference share gained 4 cents in trading 929 units at US$1.05.

Big gains for JSE Main Market

The Main Market of the Jamaica Stock Exchange recovered sharply on Monday’s from a sharp fall on Friday, with lower volume, valued 70 percent less than on Friday.
At the close, JSE All Jamaican Composite Index surged 3,212.19 points to end the day at 556,860.50, the JSE Market Index climbed 3,095.40 points to close at 507,027.95 and the JSE Financial Index gained 0.68 points to close at 137.04.
The market closed, with 44 securities changing hands in the Main and US dollar markets, with 17 advancing, 16 declining and the prices of 11 stocks closed unchanged. JSE Main Market activity ended, with 40 securities accounting for 15,775,842 units amounting to $99,372,463 in contrast to 81,729,915 for $324,228,411, from 39 securities trading on Friday.
Wigton Windfarm dominated trading, with 7.8 million shares and 49.4 percent of the day’s volume. Pulse Investments followed with 2.4 million units for 15 percent of the day’s trade, after trading 60 million shares on Friday and Sagicor Select Funds – Financial completing the top three with 2.2 million shares for 14 percent of market share.
The market closed, with an average of 394,396 units valued at $2,484,312 for each security traded, in contrast to 2,095,639 units valued at $8,313,549 on Tuesday. The average volume and value for the month to date amounts to 585,624 units for $9,023,435 and previously, an average of 596,352 units for $9,410,939 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ending, with bids higher than their last selling prices and three closed, with lower offers. The PE ratio of the market ended at 19.3, with the Main Market ending at 18.9 times the current year’s earnings.
In the prime market, Caribbean Cement climbed $2.50 to end at $81 in trading of 85,932 stock units; Eppley traded 500 shares but lost 90 cents to end at $14.10, Eppley Caribbean Property Fund jumped $7.60 to close at $39.60 with an exchange of 25,455 stock units. Grace Kennedy fell 99 cents to close at $69, after exchanging 31,888 shares, Jamaica Producers rose 46 cents to end at $24.96, with 14,597 shares changing hands. JMMB Group fell 44 cents to end at $46.50 with an exchange of 127,208 shares, Kingston Properties rose 70 cents to $6.90 with 200 stock units trading. Mayberry Investments lost 34 cents to end at $9, in trading 3,338 shares Mayberry Jamaican Equities lost $1.05 to end at $12.05, trading 49,733 shares, NCB Financial declined 50 cents to close at $201.50 in the transferring of 10,806 stock units, PanJam Investment gained 50 cents to $100, with 40,041 shares crossing the exchange. Pulse Investments climbed 87 cents to end the day at $4.97, with 2,364,988 shares changing hands, Scotia Group dropped 49 to close at $55.01 with an exchange of 6,888 shares, Seprod lost $1.50 to end at $50 with a transfer of 125,952 shares, Supreme Ventures gained 50 cents to end at $25.50, after exchanging 51,287 shares and Sygnus Credit Investments rose by 86 to end at $26 with 52,067 stock units trading.
Trading in the US dollar market closed with 224,246 units for US$61,055, with the market index declining 1.87 points to close at 223.41. Proven Investments close trading of 15,214 shares to end at 32 US cents after rising 1 cent, Sygnus Credit Investments exchanged 71,520 stock units gaining 1 cent to close at 15 US cents. Sterling Investments traded 17, 812 units and rose half of a cent at 2.5 US cents and JMMB Group 6% preference share traded 10,000 units at US$1.01.

Big jump in JSE Main Market trading

Trading on the Main Market of the Jamaica Stock Exchange resulted in moderate gains in the two primary market indices on Tuesday as advancing stocks subdued decliners with a surge of cash passing through the market.
The market closed, with 42 securities changing hands in the Main and US dollar markets, with 17 advancing, 10 declining and the prices of 15 stocks closed unchanged. JSE Main Market activity ended, with 39 securities accounting for 35,380,225 units valued at $722,803,611, in contrast to 15,783,620 units for a consideration of $75,868,402 on Monday, from 39 securities changing hands.
At the close of trading, the JSE All Jamaican Composite Index rose 992.44 points to 555,865.17, the JSE Market Index climbed 908.94 points to close at 505,948.81 and the JSE Financial Index fell 0.21 points to 136.57.
Wigton Windfarm dominated trading, with 9 million shares and 25.5 percent of volumes traded followed by Scotia Group with 5.4 million units for 15 percent of the day’s trade and Sagicor Select Manufacturing and Distribution fund rounding out the top three with 4.6 million shares for 13 percent market share.
The market closed, with an average of 907,185 units valued at an average of $18,533,426 for each security traded, in contrast to 404,708 units valued at an average of $1,945,344 on Tuesday. The average volume and value for the month to date amounts to 509,598 units for $9,478,232 and previously, an average of 485,179 units for $8,886,686 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 8 stocks ending, with bids higher than their last selling prices and two closed, with lower offers. The PE ratio of the market ended at 19.4, with the Main Market ending at 19 times the current year’s earnings.
In the premier market, Barita Investments lost 62 cents to settle at $71.02, with 6,925 shares changing hands, Caribbean Cement jumped $1.48 to $78.98 in transferring of 5,901 stock units, Grace Kennedy gained $1.30 to end at $69.50, after exchanging 1,455,867 shares, Kingston Wharves gained 59 cents to end at $61.60 with 1,495 stock units trading. Mayberry Jamaican Equities gained 39 cents to end at $13.14, with 1,020,626 stock units trading, MPC Caribbean jumped $15 to close at $210 to end at $210 with an exchange of 100 stock units, PanJam Investment fell 90 cents to end at $100.10, with 64,578 shares crossing the exchange. Proven Investments dropped $4 to land at $50 while trading 4,696 stock units, Sagicor Group lost 99 cents to $69 with 193,572 shares changing hands. Seprod jumped $3 in exchanging 2,931,938 shares to close at $51.50, Sterling Investments added 39 cents to close at $3.34 with an exchange of 10,000 stock units, Supreme Ventures added 560cents to end at $2550., while trading 58,057 shares and Wisynco Group lost 95 cents to $23.50, with 133,370 shares changing hands.
Trading in the US dollar market closed with 288,675 units amounting to $43,882, with the market index adding 2.71 points to close at 223.51. Productive Business Solutions traded 500 shares to close 1 cent higher at 64 US cents, Proven Investments had 18,304 shares changing hands to end at 32 US cents and Sygnus Credit Investments traded 261,871 stock units to close at 14 US cents.

Big jump in JSE Main Market – Thursday

Trading on the Main Market of the Jamaica Stock Exchange resulted in a surge in the two primary market indices on Thursday as rising stocks edged out decliners following a rise in volume and values of shares changing hands.
At the close, JSE All Jamaican Composite Index surged 4,382.42 points to 557,132.41, the JSE Market Index jumped 4,008.03 points to close at 507,066.04 and the JSE Financial Index rose 1.15 points higher to 137.40.
The market closed, with 42 securities changing hands in the Main and US dollar markets, with 14 advancing, 13 declining and the prices of 13 stocks closed unchanged. JSE Main Market activity ended, with 38 securities accounting for 22,307,168 units amounting to $166,924,750 in contrast to 9,385,975 units valued $145,118,400, on Wednesday, from 38 securities.
Sagicor Select – Manufacturing and Distribution fund dominated trading, with 11.3 million shares and 50.5 percent of volumes traded followed by Sagicor Select – Financial Fund with 4 million units for 18 percent of the day’s trade and Wigton Windfarm with 2.3 million shares for 10 percent market share.
The market closed, with an average of 587,031 units at $4,392,757 for each security traded, in contrast to 246,999 units valued at an average of $3,818,905 on Wednesday. The average volume and value for the month to date amounts to 458,316 units for $9,936,556 and previously, an average of 448,856 units for $10,376,356 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending, with bids higher than their last selling prices and one closed, with a lower offer. The PE ratio of the market ended at 19.2, with the Main Market ending at 18.7 times the current year’s earnings.
In the premier market, Barita Investments lost 35 cents to settle at $71.65, with 26,059 shares changing hands, Caribbean Cement gained 50 cents to end at $77.50 with a transfer of 142,549 stock units, Carreras gained 39 cents to end at $8.49, in trading 47,830 stock units. Eppley Caribbean Property gained $1.05 to end at $31.05, after exchanging 1,960 shares, Grace Kennedy lost $3.50 to end at $64.50, trading 149,638 shares, Jamaica Broilers rose by $2 to settle at $41, with 657,939 shares changing hands. Jamaica Producers fell $1.50 to end at $24.96 with 21,461 stock units trading, JMMB Group gained 53 cents to settle at $47.03 with 339,830 shares changing hands, Kingston Wharves gained 70 cents to settle at $62.50, in trading 515 units. Mayberry Investments added 40 cents to end at $9.60, trading 30,800 shares, Mayberry Jamaican Equities rose $2 to end at $14, with 372,169 stock units trading, MPC Caribbean gained $2 to end at $202 with an exchange of 116 stock units, NCB Financial Group advanced by $2.40 to close at $202.40, in swapping 228,153 shares. PanJam Investment lost 99 cents to end at $101, with 21,070 shares crossing the exchange. Sagicor Group dropped $2 to settle at $68 with 219,174 shares changing hands, Scotia Group lost 80 cents to settle at $54.70, in transferring 30,971 shares. Seprod dipped $2 trading 22,600 stock units to close at $48, Supreme Ventures gained 50 cents to end at $25.50, while exchanging 97,424 shares, Sygnus Credit Investments put on $1.13 to close at $25.13, with 47,758 units crossing the market and Wisynco Group fell 39 cents to $24.10, with 128,188 shares changing hands.
Trading in the US dollar market closed, with 247,186 units amounting to $48,362, with the market index adding 3.39 points to close at 229.67. Margaritaville traded 4,600 shares to end at 30 US cents, Proven Investments gained 2 cents with 38,568 shares crossing the exchange to close at 34 US cents and Sygnus Credit Investments exchanged 201,518 stock units after slipping by one cent to close at 14 US cents. JMMB Group 5.5% preference share, traded 2,500 units at US$2.02.

More declines for JSE Main Market – Wednesday

The Jamaica Stock Exchange suffered more declines in the market indices on Wednesday with an almost equal number of rising and declining stocks and a fall in volume and a modest rise in values of stocks crossing the market.
At the close, JSE All Jamaican Composite Index fell 403.42 points to close at 552,749.99, the JSE Market Index declined by 366.20 points to close at 503,058 and the JSE Financial Index slipped 1.00 points higher to 136.25.
The market closed, with 40 securities changing hands in the Main and US dollar markets, with 14 advancing, 13 declining and the prices of 13 stocks closed unchanged. JSE Main Market activity ended, with 38 securities accounting for 9,385,975 units amounting to $145,118,400 in contrast to 15,225,126 units valued $142,466,453, on Tuesday, from 37 securities.
Sagicor Select Funds – Financial stocks dominated trading, with 2.4 million shares and 26 percent of volumes traded followed by Wigton Windfarm, with 1.4 million units for 15 percent of the day’s trade and QWI Investments, with 1.37 million shares for 15 percent market share.
The market closed, with an average of 246,999 units valued at an average of $3,818,905 for each security traded, in contrast to 411,490 units for $3,850,445 on Tuesday. The average volume and value for the month to date amounts to 448,856 units for $10,376,356 and previously, an average of 464,870 units for $10,941,397 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 13 stocks ending, with bids higher than their last selling prices and one closed, with a lower offer. The PE ratio of the market ended at 19.1, with the Main Market ending at 18.6 times the current year’s earnings.
In the premier market, Barita Investments rose 50 cents to close at $72, with 2,031 shares changing hands, Grace Kennedy lost $1 to end at $68, after trading 36,091 stock units, Jamaica Broilers fell $2 to settle at $39, with 107,419 shares changing hands. Kingston Wharves gained 80 cents to end at $61.80 trading 7,756 units, Mayberry Jamaican Equities dropped $1 to end at $12, with 156,568 stock units trading, NCB Financial Group lost $1 to close at $200, in swapping shares, 45,342 shares. PanJam Investment gained $1.99 to end at $101.99, with 24,456 shares crossing the exchange. Portland JSX lost 75 cents to settle at $7, with 18,180 shares changing hands. Proven Investments lost $1 in trading 14,915 to close at a $49, Salada Foods slipped 95 cents to end at $30, trading 198 shares, Scotia Group rose $1.50 to settle at $55.50, in transferring 526,827 shares. Seprod added $1 in trading 26,364 units to close at $50, Sygnus Credit Investments put on $1.10 to close at $24, with 78,111 units crossing the market and Wisynco Group climbed $1.47 to $24.49, with 564,12 5 shares changing hands.
Trading in the US dollar market closed, with 209,219 units valued at US$67,632, with the market index adding 3.60 points to close at 226.28. Proven Investments dipped 2 cents in trading 202,519 shares to close at 32 US cents and Sygnus Credit Investments in exchanging 6,700 shares gained a cent to close at 15 US cents.

Sharp drop for JSE Main Market

The Main Market of the Jamaica Stock Exchange suffered a significant fall at the close on Tuesday with declining stocks outnumbering advancers two to one.
The market closed with 40 securities changing hands in the main and US dollar markets with 11 advancing, 22 declining, with prices of 7 unchanged. Main market activity ended with 38 securities accounting for 9,259,581 units valued at $69,761,481, in contrast to 5,684,180 units valued at $90,557,890 on Monday from 34 securities.
The JSE All Jamaican Composite Index dived 8,562.68 points to close at 545,819.64, the JSE Market Index plunged 7,743.45 points to 497,105.10 while the JSE Financial Index lost 2.58 points to close at 134.93.
Wigton Windfarm dominated trading with 4.8 million shares for 51.6 percent of the day’s trade, followed by Sagicor Select Funds with 2.3 million shares and 25 percent of volume and QWI Investments with 1.1 million shares and 11.5 percent.
The market closed with an average of 255,401 units valued at an average of $1,835,828 for each security traded, in contrast to 243,673 units for an average of $3,283,732 on Monday. The average volume and value for the month to date amounts to 383,292 units valued at $5,297,192 and previously, an average of 402,202 units valued at $5,897,793 for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ending with bids higher than their last selling prices and two with lower offers. The PE ratio of the market ended at 19.6, with the prime market stocks ending at 19.4 times 2019 current year’s earnings.
In the JSE Main Market, Barita Investments lost $1.50 to settle at $70.50, with 8,573 shares changing hands, Berger Paints fell 50 cents to $16.50 while trading 3,799 stock units, Caribbean Cement declined by 50 cents to end at $76.50, in swapping 1,066 units. Eppley Caribbean Property Fund added $1.50 to close at $39.50, with an exchange of 1,565 shares, Grace Kennedy declined by $1 to $65, in transferring 10,263 shares, Jamaica Broilers closed $1.63 lower to $36.37, with 22,923 shares crossing the exchange. Jamaica Producers lost 40 cents to settle at $24, after swapping 17,273 shares, JMMB Group closed at $46.75, after losing 35 cents in transferring 99,844 shares, Kingston Wharves ended at $59.50, with a loss of $1 trading 5,774 units. Mayberry Jamaican Equities closed $1.09 lower to $12 while exchanging 4,056 units, NCB Financial Group declined to $197, after losing $3 and trading 159,487 shares, 138 Student Living added 32 cents to close at $5.02, with 10,000 shares crossing the exchange. PanJam Investment gained 59 cents to settle at $102 in exchanging 19,837 units. Proven Investments lost 39 cents to close at $47.50, with 7,537 units changing hands, Sagicor Real Estate Fund fell to $10.51, after losing 49 cents and transferring 12,180 shares, Stanley Motta lost 61 cents to close at $5.29, in exchanging 2,920 shares. Sterling Investments gained 45 cents to end at $3.45, in swapping 3,400 shares, Supreme Ventures rose to $26.45, after climbing $1.44 with 10,467 units changing hands and Sygnus Investments closed $2 lower to $21, with an exchange of 212,489 shares.
Trading in the US dollar market closed with 71,801 units valued at US$12,559, with the market index falling 2.64 points to 211.25. Proven Investments traded 28,242 to close at 32 US cents, and Sygnus Credit Investments exchanged 27,002 shares at 14 US cents.

JSE declines at start of week

The Main Market of Jamaica Stock Exchange started the week on a negative note with declines in the major indices, even as advancing stocks edged out decliners.
At the close, JSE All Jamaican Composite Index declined 925.08 points to close at 554,382.32, the JSE Market Index dipped 825.96 points to 504,848.55 and the JSE Financial Index lost 1.22 points to close at 137.51.
The market closed with 42 securities changing hands in the main and US dollar markets with 12 advancing, 10 declining and 16 changing hands with prices unchanged. Main market activity ended with 38 securities accounting for 9,259,581 units valued at $124,781,798, in contrast to 20,866,388 units valued at $599,807,083 on Friday from 35 securities.
Jamaica Stock Exchange stock dominated trading with 2.9 million units for 31 percent of the day’s trade, Wigton Windfarm followed with 2.7 million shares for 29 percent of the day’s volume and Sagicor Select Funds was next with 1.8 million shares for 20 percent of traded volume.
The market closed with an average of 243,673 units valued at an average of $3,283,732 for each security traded, in contrast to 162,405 units at $2,587,368 on Friday. The average volume and value for the month to date amounts to 402,202 units valued at $5,897,793 and previously, an average of 429,709 units valued at $6,446,602 for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ending with bids higher than their last selling prices and 9 with lower offers. The PE ratio of the market ended at 19.5, with the Main Market ending at 19.3 times 2019 current year’s earnings.
In the premier market segment, Eppley Caribbean Property Fund gained 50 cents to close at $38, with an exchange of 2,491 shares, Eppley closed 77 cents higher to end at $14.95 trading 695 units, Grace Kennedy climbed $1 to $66, in transferring 12,980 shares, Jamaica Producers lost 60 cents to settle at $24.40, after swapping 5,463 shares. Kingston Wharves gained $1.41 to close at $60.50, in swapping 2,929 units, Mayberry Investments rose to $9.84, after gaining 84 cents trading 200 units, Mayberry Jamaican Equities closed 94 cents higher at $13.09, with 350 shares changing hands, 138 Student Living closed 70 cents higher to $4.70, in swapping 21,300 shares. PanJam Investment lost 59 cents to settle at $101.41 after exchanging 6,229 units, Portland JSX closed a $7.90, after dropping $1.10 trading 23,728 stock units, Sagicor Group slumped of $4 to $66 in transferring 82,241 shares, Sagicor Real Estate Fund climbed $2.25 to end at $11 with 76,000 shares crossing the exchange. Scotia Group lost 98 cents to close at $57.01, in exchanging 21,180 shares, Seprod lost 50 cents in swapping 16,589 units, to end at $50 and Sterling Investments closed 45 cents lower to $3, with an exchange of 138,482 shares.
Trading in the US dollar market closed with 71,801 units valued at US$19,617, with the market index falling 2.84 points to 211.25. Proven Investments traded 44,986 to close at 32 US cents, Sygnus Credit Investments exchanged 12,020 shares at 14 US cents, Margaritaville Turks ended at 27 US cents, with 833 units changing hands and JMMB Group 6% preference shares closed at US$1.01, with 1,700 units crossing the exchange.

JSE Main Market slips

The Jamaica Stock Exchange on closed trading on Friday slightly down, after rallying more than four thousand points rally on Thursday even as advancing stocks edged out decliners.
At the close, JSE All Jamaican Composite Index declined 949.99 points to close at 555,307.40, the JSE Market Index dipped 860.37 points to 505,674.51 and the JSE Financial Index added 0.43 points to close at 138.73.
The market closed with 38 securities changing hands in the main and US dollar markets with the prices of 12 rising, 10 declining and 16 trading unchanged. Main market activity ended with 34 securities accounting for 5,684,180 units at $90,557,890, in contrast to 20,866,388 units valued at $599,874,907 on Friday from 38 securities.
Sagicor Select Funds dominated trading with 2.1 million shares for 38 percent of the day’s trade and Wigton Windfarm with 1.6 million shares and 28 percent and Scotia Group with 492,803 shares and 8.7 percent of the day’s volume.
The market closed with an average of 162,405 units at $2,587,368 for each security traded, in contrast to 563,956 units valued at an average of $16,212,835 on Thursday. The average volume and value for the month to date amounts to 429,709 units valued at $6,446,602 and previously, an average of 605,631 units valued at $7,371,761for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 13 stocks ending with bids higher than their last selling prices and 4 with lower offers. The PE ratio of the market ended at 19.3, with the primary market ending at 19.1 times, current year’s earnings.
In the premier market, Barita Investments added $1 to close at $72, with 131,692 shares changing hands, Eppley lost 82 cents to end at $14.18 trading 1,000 units, Grace Kennedy dropped 99 cents to $65, in exchanging 54,098 shares, Jamaica Producers gained 75 cents to settle at $25 after 1,767 shares changed hands. JMMB Group rose $1.99 to $47, in transferring 44,915 shares, Kingston Wharves climbed $4.09 to $59.09, with 3,550 units traded, Mayberry Jamaican Equities closed 95 cents lower to $12.15, with 250 shares changing hands. NCB Financial slid $5.45 to $200, in swapping 92,695 stock units, Proven Investments added 61 cents to settle at $47.99, with an exchange of 84,032 units, Sagicor Group added 50 cents to end at $70, while transferring 189,674 shares. Sagicor Real Estate Fund dropped $1.25 to $8.75 after trading 53,416 units, Scotia Group added $1.99 to close at $57.99, in exchanging 492,803 shares. Seprod gained $1.50 with 5,550 units crossing the exchange, to end at $50.50, Supreme Ventures lost 99 cents to end at $25.01, in trading 66,307 shares and Sygnus Credit Investments lost 98 cents to close at $23, with 13,692 shares changing hands.
Trading in the US dollar market closed with 125,314 units valued at US$37,013, with the market index falling 2.84 points to 211.25. Proven Investments traded 113,491 to close at 32 US cents, Sygnus Credit Investments exchanged 11,512 shares at 14 US cents and Margaritaville Turks gained 2 cents and ended at 27 US cents with an exchange of 311 shares.

JSE Main Market jumps

Trading ended on the Jamaica Stock Exchange on Thursday, with the major market indices jumping sharply as advancing stocks had the upper hand over declining ones.
At the close, the JSE All Jamaican Composite Index advanced 4,438.41 points to close at 556,256.89, the JSE Market Index climbed 4,050.98 points to 506,534.88 and the JSE Financial Index gained 0.68 points to close at 138.30.
The market closed with 38 securities changing hands in the main and US dollar markets with the prices of 21 advancing, 8 declining and 11 trading firm. Main market activity ended with 37 securities accounting for 20,866,388 units valued at $599,874,907 in contrast to 17,575,871 units valued at $314,642,943 on Wednesday from 40 securities.
JMMB Group dominated trading with 11.1 million shares valued at $500 million for 53 percent of the day’s trade, followed by Sagicor Select Funds with 5.5 million shares and 26 percent and QWI Investments with 945,356 shares and 4.5 percent of the day’s volume.
he market closed with an average of 563,956 units valued at an average of $16,212,835 for each security changing hands, in contrast to 462,523 units valued at an average of $8,280,077 on Wednesday. The average volume and value for the month to date amounts to 605,631 units valued at $7,371,761 and previously, an average of 619,777 units valued at $4,370,662 for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 13 stocks ending with bids higher than their last selling prices and 4 with lower offers. The PE ratio of the market ended at 19.3, with the primary market ending at 19.1 times 2019 current year’s earnings.
In the premier market, Barita Investments gained 45 cents to close at $71 while trading 438,561 shares, Berger Paints closed 40 cents higher at $17, with 6,000 units changing hands, Caribbean Cement fell by 50 cents to $77, in swapping 25,468 units. Eppley Caribbean Property Fund gained 90 cents to end at $37.50, with 100 shares crossing the exchange, Grace Kennedy gained 99 cents to end at $65.99, in transferring 33,872 shares. Jamaica Broilers climbed $2 to $38, after swapping 7,377 stock units, Jamaica Stock Exchange added 89 cents to settle at $27.99 after trading 255,064 units, JMMB Group slumped to $45.01, after losing $2.99 while exchanging 11,092,457 shares, Kingston Wharves climbed to $55, with a gain of $1.95 in transferring 771 units. Mayberry Investments closed 30 cents higher to $9, with 10,996 shares changing hands, NCB Financial Group climbed $1.45 to end at $205.45, in swapping 23,453 shares, Proven Investments closed $1.38 higher to $47.38, with an exchange of 22,116 units, Pulse Investments gained 44 cents to settle at $4.74, with 24,000 units changing hands. Sagicor Group climbed $2.50 to $69.50, in transferring 30,005 shares, Scotia Group closed $1.80 higher at $56, in exchanging 30,005 shares, Stanley Motta rose 90 cents to end at $5.90 after exchanging just 200 shares. Supreme Ventures closed at $26 after gaining 99 cents and trading of 11,752 shares and Victoria Mutual Investments lost 31 cents to close at $8.59 in exchanging 210,710 shares.
In the preference segment, JMMB Group 7.25% share added 38 cents to end at $1.98 in trading just 100 shares.
Trading in the US dollar market closed with 8,385 units valued at US$2,683, with the market index advancing 6.87 points to close at 214.09. Proven Investments, the sole trade and closed unchanged at 32 US cents.