JSE US$ market down 17% in 2020

Jamaica Stock Exchange, US dollar market, lost ground on Friday with the market dropping 5.58 points to 186.97 as six securities changed hands, with two declining and four finishing unchanged.
Friday’s decline brings the year to date loss to 17.4 percent as a number of the stocks pulled back from the highs they were trading at earlier in the year. At the close of trading, the PE ratio of the market ended with an average of 13.0 times 2020 earnings.
Market activity resulted in 1,343,277 units trading with a value of US$36,373, in contrast to 851,302 units for US$82,312 on Thursday.
In trading activity, First Rock Capital transferred 4,427 units at 9 US cents, Margaritaville Turks traded 3,000 units at 18 US cents, Proven Investments loss of 0.3 of a cent and closed at 22.5 US cents with an exchange of 101,304 shares. Sterling Investments lost 0.3 of a cent in swapping 4,331 units to end at 2 US cents, Sygnus Credit Investments traded 10,918 stock units at 13 US cents and Trans Jamaican Highway was unchanged at 1 US cent transferring 1,219,297 shares.

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

JSE Main Market continues to rebound

The Main Market Jamaica Stock Exchange resumed its recent upward run by putting in solid gains in the market indices on Thursday as investors continued to trade low volume of stocks.
At the close, the JSE All Jamaican Composite Index rebounded 2,484.31 points to 413,689.01, the JSE Market Index climbed 2,275.43 points to 377,070.44 and the JSE Financial Index gained 0.98 points to 101.46.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 18 stocks advancing, 15 declining and 14 securities trading firm. The JSE Main Market activity ended with 43 securities changing hands accounting for 12,358,723 units valued at $97,621,587, in contrast to 13,203,444 units valued at $113,823,838 from 42 securities on Wednesday.
Trans Jamaican Highway led trading with 5.7 million shares for 46 percent of total volume, followed by Wigton Windfarm with 2.1 million units for 17 percent of the day’s trade and Supreme Ventures with 1 million units for 8.4 percent market share.
The Market closed with an average of 287,412 units at $2,270,269 for each security traded, in contrast to 314,368 units at an average of $2,710,091 on Tuesday. The average volume and value for the month to date amount to 322,299 units valued at $2,746,160 for each security changing hands, compared to 325,967 units with an average value of $2,801,767. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
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 and six closing with lower offers. The PE ratio of the market ended at 14.2, while the Main Market ended at 14.4 times 2020-21 earnings.
In Main Market trading, Barita Investments lost 79 cents to end at $51.21, in transferring 7,572 units, Caribbean Cement added 41 cents to end at $50.40, with 10,793 units changing hands, Jamaica Producers gained 50 cents swapping 45,529 stock units after closing at $21.50. Jamaica Stock Exchange finished at $19.50, with a loss of $1.45 trading 31,225 stock units, JMMB Group picked up 70 cents to settle at $34, in exchanging 85,510 shares, Key Insurance ended $1.30 lower at $8.40, after transferring 173,824 shares. Kingston Wharves advanced by $2 to $48, with 15,507 stock units crossing the exchange, MPC Caribbean Clean Energy closed $6 higher at $176, after swapping 230 units, 138 Student Living climbed $1.55 to finish at $8, with 157,553 shares traded. Palace Amusement advanced $100 to $1,500 with just 21 units changing hands, Portland JSX gained 36 cents to settle at $7.66, in an exchange of 9,300 units, Sagicor Group shed 90 cents to end at $45.50, in switching ownership of 124,406 shares. Sagicor Real Estate Fund lost 39 cents transferring 500 units and closed at $7.50, Salada Foods fell by $1.50 to $28.50, with an exchange of 3,525 units, Scotia Group gained $2.40 and ended at $47.40, in trading 750 units. Seprod had 17,733 stock units changing hands at $49.50, after rising $3. Supreme Ventures shed 80 cents to end at $15.45, with 1,042,478 shares crossing the exchange, Sygnus Credit Investments climbed $2.39 to $19.39, in transferring 10,451 units, Victoria Mutual Investments lost 43 cents in exchanging 158,093 shares to close at $7.57 and Wisynco Group shed 90 cents to end at $17.95 in trading 582,316 shares.

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

More JSE US dollar market decline

The Jamaica Stock Exchange US dollar Market enjoyed increased trading on Thursday over that on Wednesday leading to slippage in the market index.
Market activity resulted in four securities changing hands, with one declining, leaving three unchanged. Investors traded 851,302 units with a value of US$82,312, in contrast to 80,549 units for US$15,756 on Wednesday.
At the close, the market lost 0.03 points to 192.55 and the PE ratio of the market closed with an average of 13.2 times 2020 earnings.
In trading, Proven Investments closed unchanged at 22.8 US cents with 330,173 shares changing hands, Sygnus Credit Investments traded 7,400 units at 13 US cents, Trans Jamaican Highway ended at 1 US cent transferring 512,777 shares and JMMB Group 6% preference share lost 11 cents swapping 952 units and closed at 99 US cents.

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

First JSE Main Market fall in 7 days

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Declining Jamaica Stock Exchange securities edged out advancing ones on Wednesday with the value and volume of stocks trading, rising over Tuesday’s levels and leading to the first decline in the market index in seven days.
At the close of the market, the JSE All Jamaican Composite Index lost 1,208.25 points to end at 411,204.70, the JSE Market Index fell 981.01 points to 374,795.01 and the JSE Financial Index lost 0.49 points to 100.48.
The market closed with 46 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 18 declining and 12 securities trading firm. The JSE Main Market activity ended with 42 securities accounting for 13,203,444 units valued at $113,823,838, in contrast to 10,234,687 units valued at $74,845,819 from 40 securities on Tuesday.
Trans Jamaican Highway led trading with 4.5 million shares for 34 percent of total volume followed by Sagicor Select Manufacturing & Distribution Funds with 3.9 million units for 29.6 percent of the trade and Pulse Investments with 1.1 million units for 8 percent market share.
The Market closed with an average of 314,368 units at $2,710,091 for each security traded, in contrast to 255,867 units at an average of $1,871,145 on Tuesday. The average volume and value for the month to date amount to 325,967 units valued at $2,801,767 for each security changing hands, compared to 327,294 units with an average of $2,813,578. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and nine stocks closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020-21 earnings.
In the Main Market, Barita Investments fell $1 to $52 in trading 10,659 stock units, Berger Paints lost 50 cents transferring 500 units to end at $13.50, Caribbean Cement closed $2.99 higher at $49.99, with 34,511 shares changing hands. Eppley traded 17,578 stock units at $13.50, after losing $1.50, Jamaica Stock Exchange ended at $20.95, after rising $1.45 and swapping 10,006 units, Key Insurance shed 50 cents to finish at $9.70, in transferring 121,960 shares. Mayberry Jamaican Equities gained 69 cents and closed at $9.49, with an exchange of 10,238 units, MPC Caribbean Clean Energy jumped $20 to $170 in trading a mere 20 units, Pan Jam Investment climbed $2 exchanging 1,256 units to settle at $80. Portland JSX closed $1.40 lower at $7.30 with 100 units changing hands, Sagicor Group added 41 cents to reach $46.40, with 9,447 units passing through the market, Scotia Group ended at $45, with a loss of $3 trading 704,571 shares. Seprod exchanged 41,542 shares at $46.50, after shedding $2.50. Supreme Ventures advanced by $1.25 to $16.25, with 101,618 shares crossing the exchange, Sygnus Credit Investments shed 48 cents to end at $17, in trading 369,311 shares, VM Wealth Investments gained 70 cents exchanging 305,611 shares and closed at $$8 and Wisynco Group added 95 cents to end at $18.85, with 265,968 shares changing hands.

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

Low trading on JSE US$ market

The JSE US dollar Market closed trading on Wednesday with a lower volume and value of stocks crossing the market than on Tuesday.
Market activity led investors in exchanging four securities one more than on Tuesday and resulting in two rising, one declining and one closed unchanged. Trading resulted in 80,549 units with a value of US$15,796 changing hands, in contrast to 1,096,566 units for US$45,400 on Tuesday.
At the close, the market index rose 3.13 points to 192.58. The PE ratio of the market closed with an average of 13.2 times 2020 earnings.
In trading, First Rock Capital traded 2,245 shares to close unchanged at 9 US cents, Proven Investments exchanged 67,170 shares at 22.8 US cents after slipping 0.2 of a cents, Sygnus Credit Investments exchanged just 1,000 units at 13 US cents and Trans Jamaican Highway rose 0.6 of a cent to end at 1 US cent, in trading 10,134 shares.

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

No rising JSE US$ stocks – Tuesday

The JSE US Market resulted in a lower number of companies trading on Tuesday that delivered a higher turnout of volume and value of stocks crossing through the market.
Market activity saw investors exchanging just three securities, two of which declined and one closed unchanged. Trading resulted in 1,096,566 units with a value of US$45,400 changing hands, in contrast to 69,985 units for US$12,007 on Monday.
At the close, the market index fell by 3.17 points to 189.45. The PE ratio of the market closed with an average of 12.9 times 2020 earnings.
Proven Investments exchanged 42,566 shares at 23 US cents, Trans Jamaican Highway lost 0.1 of a cent to end at 0.94 US cents, in trading 1,040,000 shares and JMMB Group 5.75% preference share shed 15 cents to close at US$1.85, with 14,000 units changing hands.

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

JSE Main market rolls on up

The Main Market of the Jamaica Stock Exchange stretched the unbroken run into its sixth day, with modest gains in the market indices on Tuesday, but the market is still more than 26 percent adrift from the 2020 opening position.
At the close of the market, the JSE All Jamaican Composite Index advanced by 1,038.41 points to 412,412.95, the JSE Market Index added 828.05 points to close at 375,776.02 and the JSE Financial Index rose 0.14 points to 100.97.
The market closed with 43 securities changing hands in the Main and US dollar markets with prices of 23 stocks advancing, 8 declining and 12 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 10,234,687 units valued at $74,845,819, down from 13,635,712 units valued at $96,460,473 from 44 securities on Monday.
Trans Jamaican Highway led trading with 4.9 million shares for 48 percent of total main market volume followed by Sagicor Select Financial Fund with 1.7 million units for 16.2 percent of the day’s trade and Trans Jamaican Highway US$ with 1 million units for 10 percent of the market’s volume.
The Market closed with an average of 255,867 units at $1,871,145 for each security traded, down from 309,903 units valued at an average of $2,192,283 on Monday. The average volume and value for the month to date amount to 327,294 units valued at $2,813,578 for each security changing hands, compared to 336,031 units with an average of $2,945,387. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator 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 five stocks closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020-21 earnings.
In the Main Market, Caribbean Cement dropped $2.97 to $47, while trading 24,815 stock units, Eppley Caribbean Property Fund climbed $2.28 to $32.28 in exchange of 100 units, First Rock Capital gained 30 cents to end at $11.30 after transferring 5,173 units. Grace Kennedy closed 40 cents higher at $57.90, with an exchange of 26,542 stock units, Jamaica Broilers shed 50 cents in trading 116,728 shares and closed at $25, Jamaica Producers ended $1.65 higher at $21, after swapping 9,212 units. Jamaica Stock Exchange fell $1.40 to $19.50, with 4,138 units changing hands, Kingston Wharves gained $2 and ended at $46, with the trading of 88,025 shares, Mayberry Jamaican Equities declined by $2.20 transferring 50,119 stock units and closed at $8.80. MPC Caribbean Clean Energy dropped $25.50 to close at $150, in swapping 666 units, NCB Financial Group closed $4 higher at $149.01, after transferring 76,046 shares, 138 Student Living rose 40 cents to settle at $6.45, in trading a mere 28 units. Pan Jam Investment gained 30 cents to settle at $78, with 115,267 shares changing hands, Sagicor Group closed 49 cents higher trading 152,383 shares to finish at $45.99, Sagicor Real Estate Fund ended the day with gains of $1.44 to hit $7.94, in swapping 250 units. Salada Foods advanced $1 to $30, in transferring 354 units, Scotia Group closed at $48, with gains of $1 after an exchange of 14,705 stock units, Seprod traded $1.50 higher at $49 with 19,359 units changing hands. Sygnus Credit Investments ended at $17.48, after rising $1.28 and trading 80,501 shares and Wisynco Group rose 37 cents to close at $17.90, with 560,921 shares crossing the exchange.

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

Main Market pushes higher on Monday

The Main Market of the Jamaica Stock Exchange closed higher for the fifth consecutive days, but investors failed to push the majority of stocks with price changes, higher at the close.
The market closed with 48 securities changing hands in the Main and US dollar markets with prices of 14 stocks rising, 17 declining and 17 securities trading unchanged. The JSE All Jamaican Composite Index ended 830.48 points higher at 411,374.54, the JSE Market Index added 751.79 points to close at 374,947.97 and the JSE Financial Index inched 0.16 points higher to 100.83.
The JSE Main Market activity ended with 44 securities changing hands, accounting for 13,635,712 units valued at $96,460,473, down from 15,759,687 units at $268,967,167, from 40 securities on Friday.
Trans Jamaican Highway led trading with 5.6 million shares for 41 percent of total volume followed by Wisynco Group with 1.85 million units for 13.6 percent of the day’s trade and Pulse Investments with 1.6 million units for 11.5 percent market share. Other stocks trading more than one million units were Supreme Ventures with 1 million shares and Wigton Windfarm with 1.5 million units.
The Market closed with an average of 309,903 units at $2,192,283 for each security traded, in contrast to 393,992 units, valued at an average of $6,724,179 on Friday. The average volume and value for the month to date amount to 336,031 units valued at $2,945,387 for each security changing hands, compared to 340,094 units with an average value of $3,082,315. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator 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 four stocks closing with lower offers. The PE ratio of the market ended at 13.9, while the Main Market ended at 14.1 times 2020-21 earnings.
In the Main Market, Barita Investments advanced to $53, gaining $2 in exchanging 4,850 units, Caribbean Cement fell $2.03 in trading 33,286 shares to close at $49.97, First Rock Capital saw the transfer of 1,540 units at $11, after losing 40 cents. Jamaica Producers gained 35 cents swapping 1,972 units to close at $19.35, JMMB Group shed 52 cents to finish at $33.46, in an exchange of 151,331 shares, Key Insurance added 50 cents to close at $10, with 40,888 shares changing hands. Mayberry Investments picked up 42 cents trading 8,200 units to end at $5.75, Mayberry Jamaican Equities closed $1.10 higher at $11, with 26,000 shares crossing the exchange, NCB Financial Group fell 49 cents to settle at $145.01, in transferring 85,741 shares. 138 Student Living shed 45 cents swapping 16,048 units and closed at $6.05, Palace Amusement fell by $50 to $1,400, with 93 units changing hands, Sagicor Real Estate Fund ended $1.45 lower at $6.50, after transferring 10,367 units. Scotia Group closed at $47, with a loss of 99 cents exchanging 8,863 units, Seprod jumped $3.49 in trading 70,599 shares at $47.50 after the company reported first quarter profits that doubled that of last year and Sygnus Credit Investments fell 73 cents to end at $16.20, with 4,189 units changing hands.

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

Low trading for JSE US$ stocks

Trading remained subdued on the Jamaica Stock Exchange US dollar market on Monday, resulting in just four securities changing hands, with one stock rising and three unchanged.
At the close, the market Index gained 3.93 points to end at 192.62 and the PE ratio closed with an average of 13.1 times 2020 earnings.
Investors exchanged just 69,985 units valued US$12,007, down from 95,096 units for US$15,597 trading on Friday.
First Rock Capital traded 2,120 units at 8 US cents, Proven Investments ended at 23 US cents, with an exchange of 49,841 shares, Sygnus Credit Investments traded 1,519 units at 13 US cents and Trans Jamaican Highway added 0.1 of a cent to settle at one US cent with 16,505 stock units changing hands.

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

Main Market barreling forward

The Main Market of the Jamaica Stock Exchange continues to claw back losses resulting from the fallout from the dividend payout restrictions placed on banks for the rest of 2020, with the leading indices rising robustly for a fourth consecutive day.

The Jamaica Stock Exchange main market AJ index closing higher on Friday after bouncing from a higher low than the prior one. – positive indicator.

At the close, the JSE All Jamaican Composite Index advanced by 5,956.56 points to 410,544.06, the JSE Market Index climbed 5,306.68 points to 374,196.18 and the JSE Financial Index added 1.53 points to 100.67.
The market closed with 44 securities changing hands in the Main and US dollar markets with prices of 20 stocks advancing, 13 declining and 11 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 15,759,687 units valued at $268,967,167, in contrast to 22,545,407 units valued at $84,409,280 from 42 securities on Thursday.
Trans Jamaican Highway led trading with 5.4 million shares for 34 percent of total volume followed by Pulse Investments with 4.3 million units for 27 percent of the day’s trade and Barita Investments with 2.5 million units for 16 percent market share.
The Market closed with an average of 393,992 units valued $6,724,179 for each security traded, in contrast to 536,795 units valued at an average of $2,009,745 on Thursday. The average volume and value for the month to date amount to 340,094 units valued at $3,082,315 for each security changing hands, compared to 398,499 units with an average of $2,361,153. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
IC bid-offer Indicator 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 five stocks closing with lower offers. The PE ratio of the market ended at 13.9, while the Main Market ended at 14.2 times 2020-21 earnings.
In the Main Market, Barita Investments lost $2.85 in closing at $51, while trading 2,504,402 shares, Caribbean Cement jumped $6.01 to $52, after transferring 13,388 stock units, Eppley climbed $2.98 with 300 units changing hands at $14.98. Eppley Caribbean Property Fund dropped $3.01 to end at $30, after swapping 30,390 stock units, First Rock Capital traded 100 units at $11.40, after rising 40 cents, Grace Kennedy ended at $57.40, with a loss of 60 cents in transferring 160.565 shares. JMMB Group picked up 47 cents to settle at $33.98, after exchanging 156,708 shares, Key Insurance gained 49 cents to end at $9.50, in transferring 160,287 shares, Mayberry Jamaican Equities ended $1.40 higher at $9.90, with an exchange of 100 units. NCB Financial Group added 50 cents to finish at $145.50, in trading 304,742 shares, Palace Amusement fell by $50 to $1,450, in swapping 238 units, Pulse Investments ended at $2.10, with a loss of 35 cents, with 4,295,911 shares changing hands. Sagicor Group shed 90 cents to finish at $45.50 trading 7,944 units, Scotia Group closed at $47.99, with gains of $3.99 transferring 949,370 shares, Seprod ended $1.99 lower at $44.01, with an exchange of 10,750 units. Supreme Ventures picked up 70 cents with the transfer of 171,031 shares and closed at $14.70, Sygnus Credit Investments gained 68 cents to end at $16.93, after swapping 33,349 stock units and Wisynco Group ended the day with a gain of  50 cents at $17.50, in trading 144,741 shares.

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