Down day for JSE majors

In Thursday’s stock market activity, declining stocks dominated market activity with the market declining after falling stocks outnumbered rising ones three to two, with a 24 percent decline in the volume of stocks trading, with the value plunging 34 percent from Wednesday’s levels, at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dropped 3,424.63 points to 469,443.24, the JSE Main Index declined 3,894.62 points to end at 431,733.79 and the JSE Financial Index fell 1.12 points to 107.52.
Trading ended with 48 securities compared to 49 on Wednesday, with 15 stocks rising, 22 declining and 11 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 17.1 based on ICInsider.com forecast of 2021-22 earnings.
The market closed with 7,921,981 shares trading for $90,793,813 down from 10,422,317 units at $137,283,960 on Wednesday. Wigton Windfarm led trading with 16.6 percent of total volume after exchanging 1.32 million shares, followed by Sagicor Select Financial Fund 15.1 percent with 1.20 million units and JMMB Group 7.25% preference share 11.9 percent, with 939,170 units.
Trading averaged 165,041 units at $1,891,538, compared to 212,700 shares at $2,801,713 on Wednesday. Trading month to date averages 238,979 units at $4,112,281, in contrast to 243,159 units at $4,237,836 on Wednesday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Caribbean Cement declined $2.18 to $92.82 in trading 18,118 shares, Eppley spiked $4.90 to $43 in switching ownership of 1,100 units, Eppley Caribbean Property Fund gained 25 cents in closing at $42 after a transfer of 11,510 shares, First Rock Capital rose 50 cents to $16 with 10,546 units changing hands. Grace Kennedy shed 50 cents to close at $98.95 with the swapping of 45,461 stocks, Guardian Holdings ended $25.99 lower at a new low of $685 with 10,021 stock units crossing the market, JMMB Group fell 50 cents to $38 in an exchange of 465,053 shares, Margaritaville gained 25 cents to close at $14.25 in transferring 955 units. Mayberry Investments lost 49 cents to end at $5.65 with the swapping of 2,000 stocks, NCB Financial rallied $1.93 to finish at $144.95 after 22,820 shares cleared the market. Palace Amusement shed $1 to close at $1,174 in switching ownership of 138 units, Pan Jam Investment declined $4.49 to $65 with an exchange of 60,000 stocks, Portland JSX popped 62 cents to $8.80, trading 80,100 shares. Sagicor Real Estate Fund fell 55 cents to $8.50 after an exchange of 290 units, Scotia Group advanced $1.70 to $41.70 in switching ownership of 39,847 stock units, Sterling Investments shed 20 cents to close at $2.80 with the swapping of 221,807 shares, Supreme Ventures rallied 41 cents to $19.80 in an exchange of 249,511 shares and Wisynco Group shed 35 cents to close at $15.49 after and exchange of 56,894 stocks.
In the preference segment, JMMB Group 7.25% lost 40 cents to close at $1.10 after exchanging 939,170 stock units and Productive Business Solutions 9.75% preference share dropped $4.89 to $100.11 in trading 10,000 units.

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

Slippage for JSE Main Market

Market activity ended on Wednesday with the market declining after an even number of stocks advanced and declined, with 14 percent more shares trading with slightly greater value than on Tuesday at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dipped 361.17 points to 472,867.87, the JSE Main Index fell 704.18 points to 435,628.41 and the JSE Financial Index slipped 0.54 points to 108.64.
Trading ended with 49 securities compared to 51 on Tuesday, with 20 stocks rising, 20 declining and nine remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 17 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 10,422,317 shares trading for $137,283,960 versus 9,136,559 units at $130,802,962 on Tuesday. Wigton Windfarm led trading with 23.3 percent for an exchange of 2.41 million shares, followed by Transjamaican Highway with 21.3 percent after trading 2.21 million units and JMMB Group 10.7 percent with 1.11 million units.
Trading averaged 212,700 units at $2,801,713, compared to 179,148 shares at $2,564,764 on Tuesday. Trading month to date averages 243,159 units at $4,237,836, in contrast to 245,024 units at $4,325,798 on Tuesday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 70 cents in closing at $81.70 after a transfer of 84,209 shares. Eppley dropped $5.90 to $38.10 in exchanging 363 units, Eppley Caribbean Property Fund ended 25 cents lower at $41.75 after trading 11,081 stocks, First Rock Capital shed 50 cents to close at $15.50 with 6,009 units changing hands. Guardian Holdings drifted $9 down to $a new low of $710.99 with 2,589 stock units clearing the market, Jamaica Producers popped 47 cents to $25 with 28,477 shares changing hands, Mayberry Investments rallied 54 cents to $6.14 with an exchange of 178 units. NCB Financial lost 51 cents in closing at $143.02, with 27,056 shares crossing the exchange, Palace Amusement rallied $75 to $1,175 with a transfer of 918 stocks, Pan Jam Investment spiked 89 cents to $69.49 in trading 8,563 shares. Proven Investments fell 98 cents to $35.50 in exchanging 5,002 stocks, Sagicor Real Estate Fund rallied 73 cents to $9.05 with the swapping of 27,282 units, Scotia Group fell $1.95 to $40 after 963,945 shares crossed the exchange, Sterling Investments gained 19 cents to end at $3 in switching ownership of 15,954 stocks, Supreme Ventures advanced $1.74 to $19.39 with 37,373 stock units changing hands.
In the preference segment, 138 Student Living Preference share dropped $1.41 to $6.50 in trading 250 stock units, Eppley 8.25% rose 85 cents to $6.90 with 1,505 stocks crossing the market and JMMB Group 7.25% rallied 35 cents to $1.50 in a transfer of 40,000 shares.

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

Down day of JSE Main Market stocks

Market activity ended on Tuesday with declining stocks having the upper hand on rising stocks as the volume of shares exchanged rose 39 percent and the value 98 percent above Monday’s outturn, leaving the market indices languishing with losses at the close of Jamaica Stock Exchange Main Market.
Trading ended with 51 securities versus 52 on Monday, with 16 stocks rising, 25 declining and 10 remaining unchanged.
The All Jamaican Composite Index declined 2,380.68 points to 473,229.04, the JSE Main Index fell 2,360.07 points to end at 436,332.59 and the JSE Financial Index lost 0.54 points to 109.18.
The PE Ratio, a measure that determines an appropriate relative value for a stock, averages 17 based on ICInsider.com forecast of 2021-22 earnings.
A total of 9,136,559 shares traded for $130,802,962 versus 6,571,725 units at $66,082,456 on Monday. Wigton Windfarm led trading with 47.9 percent of total volume, after trading 4.38 million shares, followed by JMMB Group with 14.6 percent and 1.34 million units and Ciboney Group 7.2 percent, with 655,651 units.
Trading averaged 179,148 units at $2,564,764, compared to 126,379 shares at $1,270,816 on Monday. Trading month to date averages 245,024 units at $4,325,798, in contrast to 249,510 units at $4,445,708 on Monday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments shed 55 cents ending at $82.40 in switching ownership of 30,405 shares, Caribbean Cement rose $1.20 to end at $95 with 14,582 stocks crossing the market, Eppley Caribbean Property Fund rallied $4 to $42 after exchanging 654 units, Grace Kennedy ended 55 cents lower at $99.45 with the swapping of 149,969 shares. Guardian Holdings declined $5.02 in closing at the lowest point since listing locally at $719.99 in exchanging 19,385 stocks, Jamaica Broilers rose $1 to $36 in trading 74,092 units, JMMB Group lost 25 cents to finish at $38.50 with the swapping of 1,337,495 shares, Kingston Properties rallied 32 cents to $10.07 in trading 150 stock units. Kingston Wharves fell $1.45 to $46.50 with 5,086 units changing hands, Mayberry Investments shed 40 cents to settle at $5.60 with the swapping of 1,408 stock units. NCB Financial declined $1.18 to $143.53 with 19,656 shares crossing the market, Pan Jam Investment spiked 60 cents to $68.60 in switching ownership of 8,581 shares. Portland JSX declined $1.32 to end at $8.18 with an exchange of 3,500 stocks, Proven Investments popped $1.45 to $36.48 in trading 12,686 stock units, Sagicor Group gained 55 cents to end at $63.05 in transferring 403,583 shares. Sagicor Real Estate Fund shed 48 cents in closing at $8.32 in an exchange of 5,008 stocks, Scotia Group rose 95 cents to $41.95 with 10,552 stocks crossing the market, Seprod closed 50 cents lower at $74.50 after exchanging 8,923 units and Supreme Ventures fell $1.85 to $17.65 in trading 79,972 stock units.

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

JSE Main Market continues to rise

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Stocks surged 7,426 points at the opening of the market on Monday, with the All Jamaican Composite Index (AJI) shooting to 480,813.71, the highest level since the market close at just over 481,605 on March 5 last year, trading activity cooled off with the Jamaica Stock Exchange Main Market closing higher than on Friday with just over 2,200 points added to the AJI at the close.
Trading ended with 52 securities compared to 56 on Friday, with 22 stocks rising, 26 declining and four remaining unchanged.
At the close of trading, the All Jamaican Composite Index rose 2,222.03 points to 475,609.72, the JSE Main Index ended with a rise of 1,370.55 points to end at 438,692.66 and the JSE Financial Index added 0.57 points to finish at 109.72.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 17 based on ICInsider.com forecast of 2021-22 earnings.
The volume of shares traded fell 31 percent and value 21 percent compared to Friday as 6,571,725 shares changed hands valued at $66,082,456 versus 9,586,037 units at $83,876,641 on Friday. Transjamaican Highway led with 23.9 percent of total volume for 1.57 million shares, followed by Wigton Windfarm 21 percent, with 1.38 million units and Mayberry Investments with 14.5 percent for 952,369 units.
Trading averaged 126,379 units at $1,270,816, compared to 171,179 shares at $1,497,797 on Friday. Trading month to date averages 249,510 units at $4,445,708, in contrast to 258,696 units at $4,682,573 on Friday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has 8 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments shed 54 cents in closing at $82.95 with an exchange of 32,000 shares, Berger Paints rose 24 cents to $14.09 in trading 930 units. Caribbean Cement lost 20 cents to settle at $93.80 with the swapping of 1,033 stock units, Carreras rallied 20 cents to $9.50 after transferring 8,405 stock units, Eppley Caribbean Property Fund popped $1.99 to $38 with 420 stocks crossing the market, First Rock Capital picked up 20 cents to finish at $16 in swapping 19,316 units. Grace Kennedy climbed 54 cents to a 52 weeks’ high of $100, with 193,690 shares crossing the exchange, Guardian Holdings dropped $19.99 to a 52 weeks’ closing low of $725.01 in switching ownership of 9,328 units, Jamaica Broilers shed 97 cents to $35 transferring 37,072 stocks. Jamaica Producers popped 51 cents to $24.51, trading 12,114 shares, JMMB Group gained 30 cents in closing at a 52 weeks’ high of $38.75 with an exchange of 164,979 stocks, but only after trading at an intraday year’s high of $40.  Kingston Properties closed 32 cents lower at $9.75, trading 4,000 units, Kingston Wharves spiked $1.45 to $47.95 in exchanging 12,832 stock units, Mayberry Jamaican Equities rose 97 cents to $9.48 with the swapping of 1,051 stocks. MPC Caribbean Clean Energy rallied $32.27 in closing at $148.50 after exchanging 59 units, NCB Financial dipped $2.29 to $144.71 in switching ownership of 21,120 shares, 138 Student Living lost 20 cents ending at $5.25 with an exchange of 4,194 stocks, Palace Amusement dived $65 to $1,100 with the transfer of 445 stock units. Pan Jam Investment fell $1 to $68 after 13,115 shares crossed the market, Proven Investments fell $1.87 to $35.03 with 14,943 stock units changing hands, Sagicor Group slipped $1 to $62.50 in exchanging 47,781 shares after trading at a 52 weeks’ high of $68. Sagicor Real Estate Fund rose 48 cents to $8.80 in trading 1,742 units, Scotia Group shed $1 to end at $41 in switching ownership of 2,691 stocks. Seprod popped $1 higher at $75 in exchanging 10,899 stock units, Supreme Ventures declined $1.58 to $19.50 with a transfer of 248,201 shares and Sygnus Credit Investments gained 20 cents to close at $15.20 with 47,134 stock units crossing the market.
In the preference segment, Eppley 8.25% shed 89 cents to end at $6.05, after 6,027 stocks were traded, JMMB Group 7% lost 40 cents to close at $1.60 in an exchange of 320 units and JMMB Group 7.25% finished 34 cents lower to a 52 weeks’ low of $1.10 with the swapping of 125,000 shares.

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

Solid week of gains for JSE majors

Stocks enjoyed a solid week with a rise of three percent after the All Jamaican Composite Index surged 14,114 points since last Friday and the market moved sharply up from the area of resistance around the 460,000 mark as the 4,215.85 points rise on Friday pushed the All Jamaican Composite Index to 473,387.69 on limited volume on the Jamaica Stock Exchange Main Market.
At the close, the JSE Main Index jumped 3,056.20 points to 437,322.11 and the JSE Financial Index gained 1.00 points to end at 109.15.
Trading ended on Friday with 56 securities versus 50 on Thursday, with 20 stocks rising, 28 declining and eight ending unchanged, with the volume and value of shares traded falling 59 percent and 81 percent lower than traded on Thursday, respectively.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.9 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 9,586,037 shares trading for $83,876,641 versus 23,420,303 units at $432,056,408 on Thursday. Wigton Windfarm led trading with 44.9 percent of total volume for 4.30 million shares, followed by Transjamaican Highway with 15.9 percent for 1.53 million units and Sagicor Select Financial Fund 10.9 percent, with 1.05 million units changing hands.
Trading averaged 171,179 units at $1,497,797, compared to 468,406 shares at $8,641,128 on Thursday. Trading month to date averages 258,696 units at $4,682,573, in contrast to 266,342 units at $4,960,806 on Thursday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has 14 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments climbed 49 cents to $83.49 with 3,985 shares changing hands, Berger Paints fell $2.14 to $13.85 in transferring 23,784 shares, Caribbean Cement rallied $3.80 to $94 with 19,468 stocks crossing the exchange, Eppley Caribbean Property Fund dropped $5.94 to settle at $36.01 in exchanging 739 shares. Grace Kennedy slipped 50 cents to close at $99.46 after a transfer of 31,523 stock units, Guardian Holdings ended $4 lower at $745 with the swapping of 2,390 units, Jamaica Producers lost 45 cents in closing at $24 in switching ownership of 5,788 stocks. Jamaica Stock Exchange gained 24 cents to end at $17.25 with 1,603 units clearing the market, JMMB Group shed 5 cents in ending at $38.45 while exchanging 101,132 stocks, after trading at an intraday 52 weeks’ high of $38.85, Kingston Properties dived 93 cents to $10.07 in exchanging 233 stocks. Kingston Wharves climbed 89 cents to $46.50, with a transfer of 13,291 stock units, Margaritaville fell 65 cents to $14.10 after exchanging 58 stocks, Mayberry Jamaican Equities dropped $1.04 to $8.51 in trading 4,028 units, NCB Financial Group shed 99 cents at $147 with 74,276 shares changing hands, Palace Amusement dipped $5 to $1,165 after 139 stock units crossed the market. Pan Jam Investment shed 70 cents to close at $69 with the swapping of 1,164 stocks, Portland JSX advanced $2.38 to $9.50 in transferring 2,000 shares, Sagicor Group climbed $9.84 to finish at $63.50 with an exchange of 37,269 stock units. Sagicor Real Estate Fund shed 73 cents to close at $8.32 with the swapping of 25,410 shares, Salada Foods rose 45 cents to end at $8.50 in an exchange of 33,109 stocks, Seprod advanced $1.70 to close at $74 in trading 3,331 stock units. Supreme Ventures gained 28 cents to end at $21.08 with 251,994 shares changing hands and Sygnus Credit Investments gained 21 cents to close at $15 after an exchange of 49,877 stocks.
There was increased trading activity in the preference segment on Friday, with ten active stocks. At the close, JMMB Group 7.15% – 2028 gained 15 cents in ending at $3.05 with 1,660 stock units crossing the market. JMMB Group 7.35% – 2028 rose 13 cents to close at $3.20 in exchanging 22,500 stocks, Jamaica Public Service 9.5% climbed $10 to $1,700 with 17,548 shares crossing the market and 138 Student Living Preference shares spiked $1.03 to $7.91 after exchanging 500 stock units.

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

Wigton dominates main market as price dips

Market activity ended on Wednesday with the market rising after the volume of shares traded fell 60 percent with values down 71 percent compared to Tuesday, with Wigton Windfarm accounting for nearly half of the volume of stocks traded, as the price hit a new 52 weeks’ low as the stock looks technically weak at the close of the Jamaica Stock Exchange Main Market.

At the close, the All Jamaican Composite Index advanced 2,218.44 points to 461,341.26, the JSE Main Index rose 1,596.37 points to end at 428,073.03 and the JSE Financial Index popped 0.67 points to 106.19.
Trading ended with two stocks ending at 52 weeks’ highs and two at lows as 52 securities traded similar to Tuesday, with 19 stocks rising, 22 declining and 11 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.5 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 8,879,043 shares trading for $56,815,416 versus 22,237,953 units at $198,202,082 on Tuesday. Wigton Windfarm led trading with 46.7 percent of total volume for an exchange of 4.34 million shares, followed by Transjamaican Highway with 17.3 percent for 1.60 million units and Sagicor Select Financial Fund with 5.8 percent for 541,055 units.
The average day’s trade is 170,751 units at $1,092,604, compared to 427,653 shares at $3,811,578 on Tuesday. Trading month to date averages 249,247 units at $4,649,442, in contrast to 256,820 units at $4,992,587 on Tuesday. May ended with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading is strong, with 17 stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments fell $2.10 to close at $81.10 with the swapping of 17,680 shares. Caribbean Cement lost 26 cents to end at $93.75 in exchanging 5,661 stocks, Eppley spiked $5 to settle at a 52 weeks’ high of $45 with the swapping of 1,270 units. Eppley Caribbean Property Fund plunged $6.90 to $35 in switching ownership of 5,410 stock units, First Rock Capital lost 20 cents ending at $15.80 in an exchange of 3,724 stocks, Grace Kennedy rose $1.30 to $96.30 in transferring 28,487 stock units. Guardian Holdings declined $4.50 to $755 with 3,590 shares changing hands, Jamaica Broilers advanced $2.20 to $35.80 in trading 5,924 units, Jamaica Producers shed 93 cents in closing at $23.50 with a transfer of 46,176 stock units. JMMB Group rose $1.09 to close at a 52 weeks’ high of $37.79 in exchanging 111,569 shares, Margaritaville gained 45 cents to end at $14.75 with 66,800 stock units clearing the market, Mayberry Investments ended 54 cents higher at $6.05 after an exchange of 209,044 shares, Mayberry Jamaican Equities gained 45 cents to close at $9.55 with 115,030 stock units clearing the market. MPC Caribbean Clean Energy picked up 23 cents to end at $116.23 in trading 3,194 units, NCB Financial Group advanced $2 to close at $145 with 50,829 shares crossing the market, Palace Amusement plunged $170 to close at $1,000 with the swapping of 513 stocks. Pan Jam Investment fell $1.51 in closing at $65.05 in transferring 24,696 units, Proven Investments dived $1.90 to finish at $35 in an exchange of 345,327 shares, Sagicor Group spiked $5.90 to $57.90 in switching ownership of 58,795 stock units, Sagicor Real Estate Fund gained 70 cents to end at $9 in an exchange of 1,510 stocks, Salada Foods lost 20 cents to settle at $8 with a transfer of 44,470 shares. Seprod rose 99 cents to close at $74, with 9,423 units crossing the exchange, Supreme Ventures ended 72 cents higher at $20.80 after an exchange of 43,256 stock units, Sygnus Credit Investments gained 57 cents in closing at $15.19 in trading 121,657 stocks. Transjamaican Highway lost 3 cents to end at 52 weeks’ low of $1.17 with an exchange of 1,604,464 units and Wigton Windfarm dropped 4 cents to close at a 52 weeks’ closing low of 57 cents, after hitting an intraday low of 53 cents, with 4,336,688 units clearing the market.

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

Falling prices set back JSE Main Market

Market activity ended on Tuesday with 18 stocks rising, 25 declining and nine remaining unchanged with two stocks hitting 52 weeks’ low and one a 52 weeks’ high as 52 securities traded compared to 49 on Monday and led the market into declining with an exchange of 60 percent more shares valued 20 percent less than on Monday at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dropped 3,021.82 points to 459,122.82, the JSE Main Index declined 2,454.99 points to end at 426,476.66 and the JSE Financial Index shed 1.04 points to 105.52 after Grace Kennedy traded at an intraday high of $100, while Transjamaica Highway and Wigton Windfarm traded at 52 weeks’ low of 90 cents and 55 cents, respectively.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.8 based on ICInsider.com forecast of 2021-22 earnings.
The market closed with 22,237,953 shares trading for $198,202,082 versus 13,855,601 units at $248,441,964 on Monday. Wigton Windfarm led trading with 30.6 percent of the volume for 6.80 million shares followed by JMMB Group 7.5% preference share with 18.4 percent for 4.10 million units, Sagicor Select Financial Fund with 9.7 percent for 2.16 million units, Transjamaican Highway with 9.4 percent for an exchange of 2.10 million units, Sagicor Group with 4.8 percent for 1.09 million units and Jamaica Stock Exchange with 4.8 percent for 1.06 million units changing hands.
Trading averages 427,653 shares at $3,811,578, compared to 282,767 units at $5,070,244 on Monday. Trading month to date averages 256,820 units at $4,992,587, in contrast to 238,579 units at $5,118,691 on Monday. May closed with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments dipped 25 cents to $83.20 in an exchange of 16,246 shares. Caribbean Cement gained 21 cents to close at $94.01 with the swapping of 90,297 stock units, Eppley spiked $2 to $40 after exchanging 362 shares, Guardian Holdings lost 50 cents in closing at $759.50 with 6,990 stocks crossing the exchange, Jamaica Broilers fell $1.40 to $33.60 with 47,215 units clearing the market. Jamaica Producers rose $1.78 to $24.43 in exchanging 18,443 stocks, JMMB Group advanced $3.60 to close at $36.70 after trading 996,543 stock units as investors reacted positively to full year results. Margaritaville shed 70 cents to settle at $14.30 with a transfer of 26,930 stock units, MPC Caribbean Clean Energy fell 23 cents $116 in trading 41 stock units, NCB Financial dropped $5 to end at $143 in switching ownership of 90,696 shares, Palace Amusement dropped $10 to $1,170, with 11 units changing hands, PanJam Investment declined $3.37 in closing at $66.56 in switching ownership of 28,018 stocks, Proven Investments popped $1.84 to $36.90 in an exchange of 1,641 units. Sagicor Group declined $3 to $52 in transferring 1,091,820 shares, Sagicor Real Estate Fund shed 69 cents to close at $8.30 after exchanging 75,292 units. Scotia Group shed $1 to end at $40 with the swapping of 426,297 shares. Seprod fell 99 cents to $73.01 in trading 14,521 stock units, Stanley Motta ended 51 cents lower at $5.89 after clearing the market with 6,300 shares, Supreme Ventures fell 92 cents to $20.08 with 97,939 stocks crossing the market and Sygnus Credit Investments shed 44 cents to end at $14.62 in transferring 77,877 stock units.

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

Market slips into June

Market activity ended on Tuesday with the market declining, as more stocks declined than rose, with an exchange of 69 percent fewer shares valued 32 percent less than Monday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index shed 950.05 points to 452,665.61, the JSE Main Index declined 1,739.04 points to end at 4420,359.52 and the JSE Financial Index lost 0.33 points to settle at 104.19.
A total of 48 securities traded, up from 45 on Monday, with 15 stocks rising, 22 declining and 11 remaining unchanged. The PE Ratio averages 16.2 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 7,206,318 shares trading for $192,089,830 versus 23,167,260 units at $283,034,981 on Monday. Transjamaican Highway led trading with 31.9 percent of total volume for an exchange of 2.30 million shares, followed by NCB Financial Group with 11.4 percent for 821,848 units and Pulse Investments with 11.3 percent for 814,035 units.
Trading averaged 150,132 units at $4,001,871, compared to 514,828 shares at $6,289,666 on Monday. May closed with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments climbed 29 cents to $85.59 in an exchange of 5,249 shares, Caribbean Cement rose 55 cents to settle at $90 trading 13,629 stocks, First Rock Capital shed 35 cents to close at $15.95 after trading 12,696 stocks. Guardian Holdings dropped $16 in closing at a new closing low of the market of $745 in the swapping of 39,661 shares, Jamaica Broilers shed 88 cents to $33.50 with 47,663 stocks changing hands, Jamaica Producers declined 50 cents to $24 with 21,861 units clearing the market. Jamaica Stock Exchange fell 31 cents to close at $17.05 in exchanging 35,471 stock units, JMMB Group shed 40 cents to finish at $32 with the swapping of 188,889 units, Key Insurance gained 21 cents to close at $5.28 in transferring 9,670 shares. Mayberry Investments rose 33 cents to $5.60 after crossing the exchange with 498 units, Mayberry Jamaican Equities closed 65 cents higher at $8.85 in trading 2,026 stocks, NCB Financial Group picked up 20 cents in closing at $140 with 821,848 shares changing hands. Palace Amusement shed $10 to end at $910 with 199 shares crossing the exchange, PanJam Investment declined $3.70 to close at $66 in transferring 7,312 units, Proven Investments lost 50 cents to close at $34.50 with 30,721 stock units clearing the market. Sagicor Real Estate Fund gained 20 cents ending at $8.50 and exchanging 2,000 shares. Seprod fell $1.30 to end at $72.80, with 55,443 shares crossing the exchange, Sygnus Credit Investments lost 20 cents to close at $15.05 in trading 510,516 stock units and Wisynco Group ended 29 cents lower at $15.50 in an exchange of 92,649 stocks.
In the preference segment, Eppley 8.25% gained 19 cents to close at $6.99 in trading 50 stocks.

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

JSE Main market bounces back

Market activity ended on Thursday, with the market recovering almost all of the losses of the previous two days after advancing stocks edged out declining ones, with the overall traded volume and value climbing 211 percent and 357 percent respectively compared to Wednesday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index climbed 3,237.08 points to 454,682.19, the Main Index advanced 2,716.72 points to 424,560.18, and the JSE Financial Index gained 0.97 points to settle at 105.37.
Trading ended with 50 securities compared to 47 on Wednesday, with 18 stocks rising, 16 declining and 16 remaining unchanged. The average PE Ratio, based on ICInsider.com’s 2021-22 forecast of earnings, is 16.1.

At the close 26,264,484 shares traded for $470,763,094 versus 8,440,224 units at $102,931,227 on Wednesday. JMMB Group 7.25% led trading with 33.9 percent of total volume for 8.91 million shares followed by Sagicor Group with 27.6 percent in trading 7.25 million units, Sagicor Select Financial Fund 13.6 percent, with 3.58 million units, Pulse Investments with 5.2 percent for 1.37 million units and Transjamaican Highway with 3.9 percent for an exchange of 1.04 million shares.
Trading averaged 505,086 units at $9,053,136, compared to 179,579 shares at $2,190,026 on Wednesday. Trading month to date averages 321,833 units at $3,709,022, compared to 307,218 units at $3,282,804 on Wednesday. April averaged 234,200 units at $1,772,561.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments advanced $1.98 to $85.98 with 70 shares changing hands, Berger Paints rose $1.35 to end at a 52 weeks’ closing high of $18 with 14,433 stocks crossing the market, Carreras gained 90 cents to close at end at 52 weeks’ closing high of $10.90 in switching ownership of 519,508 shares, Grace Kennedy ended 99 cents higher at $88 in exchanging 14,115 units, Jamaica Broilers gained 50 cents to close at $35.50 in trading 21,359 stocks. Jamaica Stock Exchange lost 20 cents to settle at $17.80 in switching ownership of 6,010 units, JMMB Group declined $1 to $32 with a transfer of 76,488 stock units, Key Insurance gained 34 cents to end at $5.35 in trading 295,925 stocks. Kingston Wharves fell $1 in closing at $46 with the swapping of 11,543 shares, MPC Caribbean Clean Energy dropped $24 to end at 52 weeks’ closing low of $100 after exchanging 21 stock units, NCB Financial Group shed $2 to finish at $139 while exchanging 78,790 shares. 138 Student Living rose 85 cents to close at $5.39 in switching ownership of 13,853 stock units, Palace Amusement dropped $29 to end at $926 in swapping 111 stocks, PanJam Investment declined $5.85 to finish at $66.05 with 26,162 shares clearing the market, Proven Investments closed 75 cents higher at $37.90, with 5,272 units crossing the market, Sagicor Group climbed $2 to end at $53 trading 7,248,980 shares, Seprod slipped 90 cents to $75 after exchanging 41,954 units. Stanley Motta lost 34 cents in ending at $5.90 in switching ownership of 6,907 stock units, Supreme Ventures gained 20 cents to end at 52 weeks’ closing high of $20.20 in trading 193,925 shares and Wisynco Group ended 45 cents lower at $15.45 in switching ownership of 153,549 stock units.

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

JSE Main Market in turbulent zone

Just below 460,000 points is proving to be a turbulent area for the Main Market on Tuesday after coming close during the morning session at 459,212 points the index of locally based Jamaica Stock Exchange Main Market stocks pulled back sharply at the close. In today’s trading, the market moved up to 456,129 points but again failed to hold onto early gains and closed with the market index slipping from Tuesday close.
At the close, the All Jamaican Composite Index declined 2,953.62 points to close tab 451,445.11, the Main Index shed 2,482.03 points to 421,843.46 and the JSE Financial Index lost 0.98 points to settle at 104.40.
Trading ended with 47 securities, down from 52 on Tuesday, with 20 stocks rising, 22 declining and five remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 16.
The market closed with 8,440,224 shares trading for $102,931,227 versus 11,779,992 units at $110,710,765 on Tuesday. Transjamaican Highway led trading with 18.5 percent of total volume for an exchange of 1.56 million shares followed by Sagicor Select Financial Fund 17 percent, with 1.43 million units and Pulse Investments with 15.7 percent after trading 1.33 million units.
Trading averaged 179,579 units at $2,190,026, compared to 226,538 shares at $2,129,053 on Tuesday. Trading month to date averages 307,218 units at $3,282,804, in contrast to 317,134 units at $3,367,698 on Tuesday. April averaged 234,200 units at $1,772,561.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments declined $2 in closing at $84 after clearing the market of 2,835 shares, Berger Paints advanced $1.15 to finish at a 52 weeks’ high of $16.65 in switching ownership of 7,557 shares, Caribbean Cement rose 77 cents to $87.99 with an exchange of 56,552 units. Eppley shed 70 cents to close at $33 with the swapping of 30,020 stock units, Grace Kennedy ended 99 cents lower at $87.01, with 96,486 units crossing the exchange, Jamaica Broilers declined $1 to $35 in exchanging 36,579 shares. Jamaica Producers shed $1 to close at $23.50 in transferring 18,462 units, Jamaica Stock Exchange gained 25 cents in closing at $18 with 17,670 shares changing hands, JMMB Group advanced $1 to $33 in switching ownership of 188,002 stock units. Key Insurance shed 32 cents to end at $5.01 after an exchange of 321,258 shares, NCB Financial advanced $2.10 to $141 in trading 22,667 units. 138 Student Living lost 86 cents to close at $4.54, with 12,305 stock units clearing the market, Palace Amusement climbed $41 to $955 after exchanging 123 stock units, Pan Jam Investment jumped $6.90 to $71.90 with the swapping of 1,737 units, Portland JSX fell $2.40 to $7.10 with the transfer of 51,289 shares. Proven Investments lost 80 cents to close at $37.15, with 18,599 stock units crossing the market, Sagicor Group fell $1.50 to $51 with 905,925 shares changing hands. Scotia Group shed 80 cents in ending at $40 in exchanging 41,900 stocks. Seprod advanced $2.90 to $75.90 with 13,000 units crossing the market, Stanley Motta gained 24 cents in closing at $6.24 with the swapping of 2,707 stock units, Supreme Ventures picked up 20 cents to settle at a 52 weeks’ high of $20 after clearing the market with 82,366 stocks and Sygnus Credit Investments lost 40 cents in closing at $15.10, after trading 175,692 units.
In the preference segment, JMMB Group 7.25% lost 40 cents to close at $2 after trading 300 units and JMMB Group 7.50% fell 8 cents to 77 cents with the swapping of 4,493 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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