JSE majors rise on diminished volume

Trading volume slumped sharply on the Jamaica Stock Exchange Main Market on Tuesday with an exchange of 87 percent fewer shares than on Friday, after the value declined by 74 percent.
At the close, the All Jamaican Composite Index advanced by 600.10 points to 414,851.29, the Main Index rose 487 points to 378,285.93 and the JSE Financial Index gained 0.02 points to settle at 99.97.
Trading ended with 42 securities, similar to Friday and closed with the prices of 17 stocks rising, 16 declining and nine remaining unchanged. The average PE Ratio of the market ended at 15.4 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of just 4,197,312 shares for a mere $35,206,443 compared to 31,504,153 units at $135,860,726 on Friday. Pulse Investments led trading with 25.8 percent of total volume amounting to 1.08 million shares, followed by Wigton Windfarm with 18.8 percent or 789,387 units and Carreras with 11 percent market share, for 459,648 units.
Trading ended with an average of 99,936 units changing hands at $838,249 for each security, compared to an average of 750,099 shares at  $3,234,779 on Friday. The average trade for the month to date ended at 332,969 units at $5,537,233 for each security, in contrast to 352,010 units at $5,921,197. 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 shows eight stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Caribbean Cement declined by $3.29 to settle at $45.01 after trading 993 units, Eppley shed $1.31 in ending at $18, with 1,609 units passing through the market, Eppley Caribbean Property Fund dipped 67 cents to close at $45 while trading 11,529 stock units. First Rock Capital lost 32 cents to finish at $12.18, with investors exchanging 1,500 units, Grace Kennedy settled at $57.34, with a loss of 41 cents after 48,341 shares crossed the exchange, Kingston Wharves climbed $1.15 to $48, in an exchange of 149 units. NCB Financial rose $1 to $138 and cleared the market with 36,414 shares, Palace Amusement gained $339 to $1,489, with only 2 units passing through the market, Proven Investments ended $1.05 higher at $41.25, in exchanging 15,697 stock units. Seprod lost 50 cents after a transfer of 7,249 stock units to end at $58.50 and Sygnus Credit Investments closed at $18.50 after losing 40 cents with 3,393 units crossing the exchange.

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

Prices up index dips on JSE USD market

The US dollar market of the Jamaica Stock Exchange closed trading on Tuesday with very low volume after 98 percent fewer shares changed hands compared to Friday at 35 percent less value.
At the close of the market, trading ended with six securities changing hands compared to four on Friday and closed with the prices of three stocks rising, one declining and two remaining unchanged.
The JSE USD Equities Index lost 0.26 points to settle at 192.46 and the average PE Ratio ended at 12.9 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 16,817 shares, accounting for US$12,542 compared to 694,986 units at US$19,235 on Friday. The average trade for the day amounted to 2,803 units changing hands at US$2,090, in contrast to an average of 173,747 shares at US$4,809  on Friday. Trading ended with an average of 1,122,430 units for the month to date at US$18,924, in contrast to 1,278,657 units atUS$21,273. By comparison, September ended with an average of 84,017 units for US$10,590.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than its last selling prices and none with lower offers.
At the close, First Rock Capital Investment added four-tenths of a cent to close at 8.9 US of cents, with investors swapping 1,204 stock units, Margaritaville gained 1 US cent in closing at 15 US cents, after an exchange of 125 units, Proven Investments was unchanged at 27 US cents trading 9,679 shares and Sygnus Credit Investments lost 1 US cent to end at 13.5 US cents, with a transfer of 1,016 units.
In the preference segment, Equityline Mortgage Investment preference share closed at US$1.96, with an exchange of 50 units and JMMB Group 5.75% C share climbed 4 US cents to settle at US$2.05, in trading 4,743 shares.

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

Gains for JSE USD Market

More gains for the US dollar market of the Jamaica Stock Exchange at the close on Friday with 36 percent more shares trading than on Thursday and resulting in the market index 192.72 after rising 1.65 points.
At the close of the market, trading ended with four securities changing hands compared to two on Thursday and ended with the prices of two stocks rising, one declining and one remaining unchanged.
The average PE Ratio ended at 12.8 based on the ICInsider.com forecast of 2020-21 earnings.
The market closed with an exchange of 694,986 shares, accounting for US$19,235  compared to 512,400 units at US$7,505 on Thursday. An average of  173,747 shares traded for the day at US$4,809, in contrast to the average of 256,200 shares at US$3,753 on Thursday. Trading ended with an average of 1,278,657 units for the month to date for US$21,273, in contrast to 1,391,981 units at US$22,962, well in excess of September average of 84,017 units for US$10,590.
The Investor’s Choice bid-offer indicator reading shows two stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment gained 1.29 US cents to close at 8.5 US cents, after trading 14,011 stock units, Margaritaville remained at 14 US cents trading 3,500 units. Proven Investments gained 1 US cent to close at 27 US cents in a transfer of 45,510 shares and Transjamaican Highway slipped by 0.02 of a cent and closed at 0.83 of a US cent, with 631,965 shares changing hands.

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

JSE Main market in sharp jumps

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Rising Main Market stocks were near twice the number of declining ones when the Jamaica Stock Exchange ended trading on Friday, with the market rising with an exchange of 170 percent more shares than on Thursday.
The All Jamaican Composite Index jumped 5,779.51 points to 414,251.19 and the Main Index climbed 5,231.07 points to 377,798.93, while the JSE Financial Index rose 1.33 points to settle at 99.95.
Trading ended with 42 securities changing hands compared to 41 on Thursday and closed with the prices of 22 stocks rising, 13 declining and seven remaining unchanged. The average  PE Ratio of the market ended at 15.4 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of  31,504,153 shares for $135,860,726  compared to 11,653,516 units at $352,808,782 on Thursday. Transjamaican Highway led trading with 77.8 percent of total volume, with 24.51 million shares, followed by Wigton Windfarm with 9 percent or 2.83 million units and Eppley Caribbean Property Fund with 3.4 percent as 1.06 million units passed through the market.
Trading ended with an average of 750,099 units changing hands at $3,234,779 for each security compared to an average of 284,232 shares at  $8,605,092 on Thursday. The average trade for the month to date ended at 352,010  units at $5,921,197 for each security, in contrast to 316,587 units at $6,160,243. Trading month to date compares favorably to September’s average of 265,170 units at $3,271,625.
The Investor’s Choice bid-offer indicator reading 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 lost 49 cents to end at $92.01, with 250,373 shares crossing the exchange, Caribbean Cement climbed $3.30 to $48.30  trading 4,854 stock units, Eppley fell to $19.31, with a loss of $1.79, with 8,159 stock units passing through the market. Eppley Caribbean Property Fund declined by $3.83 to close at $45.67, with 1,060,981 shares crossing the exchange, First Rock Capital lost 30 cents to finish at $12.50 and cleared the market with 9,900 stock units, Jamaica Broilers rose $1.80 to settle at $26.90, in exchanging 1,810 units. Jamaica Producers gained 40 cents to close at $20.40 after clearing the market with 25,690 shares, Key Insurance rose 80 cents to $9.60 trading 48,771 shares, Kingston Wharves gained $1.85 to close at $46.85, with 122 units changing hands. Mayberry Investments picked up 30 cents to settle at $6, trading 35,400 shares, Palace Amusement dropped $50 in closing at $1,150, with a transfer of 53 units, Pan Jam Investment fell $1.95 to $68.05 after trading 6,373 stock units. Proven Investments gained $1.60 to end at $40.20 with an exchange of 1,944 stock units, Pulse Investments lost 49 cents in closing at $4.30, after the transfer of 497,426 shares, Sagicor Group rose $1.52 to end at $45.72, with 23,582 stock units changing hands. Scotia Group climbed $2.06 to $48.44, trading 127,877 shares, Seprod settled at $59, with gains of $2.02 with the transfer of 44,146 shares, Stanley Motta gained 35 cents to close at $5, in exchanging 22,854 stock units. Sygnus Credit Investments finished 90 cents higher at $18.90, with 20,338 stock units crossing the market, Victoria Mutual Investments gained 46 cents to settle at $6 after exchanging 169,424 shares and Wisynco Group lost 39 cents to close at $16.11, trading 71,146 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.

JSE USD market drops

The US dollar market of the Jamaica Stock Exchange closed on Thursday, with the market falling after the trading of percent fewer shares than on Wednesday, resulting in just two stocks trading, both of which declined.  
The JSE USD Equities Index fell 7.08 points to settle at 191.07, with the average PE Ratio ending at 12.6 based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 512,400 shares, accounting for US$7,505 compared to 46,796,026 units at US$467,983 on Wednesday.
The average trade for the day amounted to 256,200 units changing hands at  US$3,753
, in contrast to an average of 23,398,013 shares at US$233,991 on Wednesday. Trading ended, with an average of 21,391,981 units changing hands, for the month to date at US$22,962. Trading ended, with an average of 256,200 units changing hands at US$3,753 in contrast to 1,453,375 units at US$24,000. By comparison, September ended with an average of 84,017 units for US$10,590. 
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 none with lower offers.
At the close of the market, Proven Investments lost I cent and closed at 26 US cents with an exchange of 12,400 shares and Transjamaican Highway slipped 0.10 of a cent to close at 0.85 of a US cent trading 500,000 stock units.

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

Barita & Eppley lead Main Market

Barita Investments and Eppley Caribbean Property Fund dominated trading on the Jamaica Stock Exchange Main Market on Wednesday, accounting for more than 85 percent of the day’s volume, with the market indices rising strongly helped partially by Barita that closed at over $92.

Barita Investments headquarters

The Eppley’s trade represents shares issued to Seprod for the purchase of real estate, which the Seprod’s directors approved as a dividend payment in kind to its shareholders.
At the close, the All Jamaican Composite Index advanced by 4,994.49 points to 410,812.72, the Main Index climbed 4,377.44 points to 374,598.05 and the JSE Financial Index gained 1.52 points to settle at 99.22.
Trading ended with 45 securities changing hands similar to Tuesday and closed with the prices of 15 stocks rising, 16 declining and 14 remaining unchanged. The average PE Ratio of the market ended at 15.2 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 140 percent more shares at twenty-three times the value on Tuesday. Trading ended with an exchange of 34,264,220 shares worth $1,811,637,449  compared to 14,290,519 units at $77,620,091  on Tuesday. Eppley Caribbean Property Fund led trading with 45.1 percent of total volume with 15.45 million shares, followed by Barita Investments with 35.4 percent as 12.14 million units passed through the market, Transjamaican Highway ended with 6 percent market share after 2.07 million units traded and Wigton Windfarm closed with 5.7 percent market share after 1.95 million units changed hands.
Trading ended with an average of 761,427 units changing hands at $40,258,610 for each security compared to an average of 317,567 shares at  $1,724,891 on Tuesday. The average trade for the month to date ended at 319,665  units at $5,927,670 for each security, in contrast to 268,164 units at $1,925,358. Trading month to date compares well 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 five with lower offers.
At the close of the market, Barita Investments climbed $8.20 to close at $92.20 as investors switched ownership of 12,135,102 shares, Eppley shed 40 cents to settle at $21.10, with 26,977 stock units crossing the exchange, Eppley Caribbean Property Fund fell by $4.85 to $43.15, after trading 15,447,465 shares. Jamaica Broilers Group shed 30 cents, exchanging 15,596 stock units to end at $27.20, Jamaica Stock Exchange closed at $17.50, after losing 55 cents with 19,433 stock units changing hands, Key Insurance declined by $1.30 to end at $9.60, after crossing the market with 520,574 shares. Kingston Wharves climbed $4.55 to $44.57 in trading 744 units, MPC Caribbean Clean Energy advanced by $5 to $140, with a transfer of only one unit, NCB Financial gained 50 cents in closing at $135.50 in exchanging 12,048 units. Sagicor Group rose $1.61 to $45.72, with 15,464 units passing through the market, Scotia Group shed 33 cents trading 62,120 shares and closed at $46.41, Seprod climbed $2 to $56, in exchanging 14,820 units. Stanley Motta lost 35 cents to end at $4.65 after trading 11,537 units, Supreme Ventures slid 90 cents in closing at $14, with 32,582 units crossing the exchange and Victoria Mutual Investments gained 32 cents to finish at $6.19 after investors trading 58,707 shares.

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

Transjamaican pushes trading

The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market rising after the trading of 7,968 percent more shares than on Tuesday, resulting in just one stock recording a price change. 
Two securities changed hands at the close of the market compared to three on Tuesday and ended with the price just one stock rising and one remaining unchanged.
The JSE USD Equities Index, gained 2.61 points to settle at 198.15, with the average PE Ratio ending at 12.9  based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 46,796,026 shares, accounting for US$467,983 compared to 580,012 units at US$14,354 on Tuesday.
The average trade for the day amounted to 23,398,013 units changing hands at  US$233,991, in contrast to an average of 193,337 shares at US$4,785  on Tuesday. Trading ended, with an average of 1,453,375  units for the month to date at US$24,000 in contrast to 199,396 units at US$12,001. By comparison, September ended with an average of 84,017  units for US$10,590. 
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Proven Investments closed at 27 US cents with an exchange of 4,072 shares and Transjamaican Highway rose 0.014 of a cent to close at 0.95 of a US cent trading  46,791,954 stock units.

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

Rising JSE Main Market

The Jamaica Stock Exchange Main Market ended trading on Tuesday with the market rising marginally after an exchange of 19 percent fewer shares, costing 57 percent less than on Monday.
At the close, the All Jamaican Composite Index rose 389.54 points to 405,818.23, the Main Index gained 542.73 points to 370,220.61 and the JSE Financial Index added 0.73 points to settle at 97.70.
Trading ended with 45 securities changing hands compared to 43 on Monday and closed with the prices of 19 stocks rising, 16 declining and 10 remaining unchanged. The average PE Ratio of the market ended at 15.3 based on the IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 14,290,519 shares for $77,620,091 compared to 17,736,805 units at $180,133,973 on Monday. Carreras led trading with 34 percent of total volume trading 4.86 million shares, followed by Transjamaican Highway with 22.7 percent for 3.24 million units, QWI Investments with 15 percent or 2.14 million units and Wigton Windfarm, with 10.8 percent for 1.54 million shares.
Trading ended with an average of 317,567 units changing hands at $1,724,891 for each security, in comparison to an average of 412,484 shares at  $4,189,162 on Monday. The average trade for the month to date ended at 268,164  units at $1,925,358 for each security, in contrast to 261,644 units at $1,951,813. 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 eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Berger Paints fell by $1.38 to end at $11.11, with investors switching ownership of 552 shares, Caribbean Cement rose $1 to $45, with 1,708 units crossing the exchange, Eppley climbed $3.25 to $21.50, with investors swapping 3,785 shares. Eppley Caribbean Property Fund advanced by $6 to $48, clearing the market with 31 stock units, First Rock Capital gained 30 cents to end at $12.45, trading 1,744 units. Jamaica Producers lost 30 cents to settle at $19.20 trading 34,916 shares, Kingston Wharves declined $5.98 in closing at $40.02, in an exchange of 20,483 stock units, Mayberry Jamaican Equities lost 45 cents to settle at $7.70, with a transfer of 2,000 units. NCB Financial advanced by $4.50 to $135 after 35,370 shares crossed the market, PanJam Investment rose $1.99 in exchanging 105 units at $70. Proven Investments closed at $40.20, after rising $2.19 with a transfer of 1,038 stock units, Salada Foods ended at $25.10, after losing $2.89 trading a mere 6 shares and Scotia Group fell $2.06 to settle at $46.74, in exchanging 9,318 stock units.
In the preference segmentEppley 8.75% preference share advanced $1 to $7.70, with investors switching ownership of 3,173 stock units and Productive Business Solutions 9.75% preference shares dropped $4 to end at $102 after exchanging 3 units.

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

Gains for JSE USD market

The US dollar market of the Jamaica Stock Exchange closed trading on Tuesday after the market rising after trading 86 percent fewer shares than Monday, resulting in an even number of stocks rising and falling. 
At the close of the market, trading ended with three securities changing hands compared to four on Monday and ending with one stock rising, one declining and one remaining unchanged.
The JSE USD Equities Index carved out a gain of 3.01 points to settle at 195.54, with the average PE Ratio ending at 12.6 based on the IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 580,012 shares, accounting for US$14,354  compared to 4,211,063 units at US$42,648 on Monday.
The average trade for the day amounted to 193,337 units changing hands at  US$4,785, in contrast to an average of 1,052,766 shares at US$10,662  on Monday. Trading ended with an average of 199,396 units for the month to date at US$12,001 in contrast to 199,964 units at US$12,677. By comparison, September ended with an average of 84,017 units for US$10,590.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, Proven Investments shed 1 US cent to settle at 27 US cents, with 34,979 shares changing hands, Sygnus Credit Investments gained 1 US cent to close at 14.5 US cents with investors switching ownership of just one stock and  Transjamaican Highway closed at 0.81 US cent, with 545,032 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.