Friday’s trading completed the ninth trading day without a decline in the market of on the Jamaica Stock Exchange Main Market, with the All Jamaican Composite Index advancing 277.45 points to 442,290.57, the Main Index rising 205.25 points to 402,842.60 and the JSE Financial Index adding just 0.22 points to settle at 100.44 on a day with an 80 percent increase in volume and 38 percent in the values traded compared to that on Thursday.
A total of 52 securities traded, up from 49 on Thursday, with prices of 22 rising, 19 declining and 11 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.1.
Investors traded 14,183,739 shares for $110,730,479, up from 7,901,235 units at $80,463,111 on Thursday. Sagicor Select Financial Fund led trading with 26.5 percent of total volume trading 3.76 million shares followed by Transjamaican Highway 26.1 percent with 3.71 million units and Sagicor Select Manufacturing & Distribution Fund with 6.8 percent for 969,742 units.
Trading averaged 272,764 units at $2,129,432, compared to 161,250 shares at $1,642,104 on Thursday. Month to date trading averages 236,024 units at $1,554,972, in contrast to 232,142 units at $1,509,917 on Thursday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has five stocks ending with bids higher than the last selling prices and three with lower offers.
At the close, Barita Investments gained 29 cents to close at $86.30, with 96,888 shares crossing the market. Berger Paints shed 50 cents and ended at $12.70 in the trading of 6,364 units, Caribbean Cement dropped $2.25 to finish at $73 after a transfer of 17,161 stocks, Eppley fell $2.76 to $32 with an exchange of 864 units, Eppley Caribbean Property Fund climbed $4 to $44 after a transfer of 58 stocks, Grace Kennedy rose $1 to $88 with 137,798 stocks clearing the market, Jamaica Producers slipped 25 cents to settle at $28 in transferring 9,365 stock units. JMMB Group rose 99 cents to $32.99 with 504,378 shares changing hands, Margaritaville dropped $3 to close at a 52 weeks’ low of $28 in trading 500 shares, MPC Caribbean Clean Energy gained 45 cents to close at $128 in an exchange of 93 shares, NCB Financial Group climbed $1.45 to $140 with the swapping of 26,540 stock units. 138 Student Living declined 40 cents to $5 with 2 stocks changing hands, PanJam Investment declined 60 cents to $63, with 504,975 stocks clearing the market, Proven Investments advanced 94 cents to $37.99 with investors switching ownership of 14,843 stocks, Sagicor Group shed 50 cents to close at $50 with 100,348 stocks crossing the exchange, 
Salada Foods picked up 30 cents to end at $6.50, with 174,920 shares changing hands, Scotia Group closed 34 cents higher at $41.90 after exchanging 27,609 stock units and Seprod fell 30 cents to $82.50 with 12,264 stock units changing hands.
In the preference segment, JMMB Group 7.25% advanced 37 cents to $2.83 in an exchange of just one share.
Closing prices are those for the last transaction of each stock traded unless otherwise stated.
Six securities traded, similar to that on Thursday, with the price of one rising, two declining and three remaining unchanged.
At the close, First Rock Capital shed half a cent to close at 8.5 US cents in an exchange of 7,800 units, Margaritaville ended at 9 US cents after exchanging 16,795 stocks, Proven Investments ended at 26 US cents trading 15,991 stock units. Sterling Investments increased 0.43 of a cent to end at 2.44 US cents while exchanging 89 shares, Sygnus Credit Investments ended at 14 US cents after 491,204 shares changed hands and Transjamaican Highway fell 0.05 of a cent in closing at 0.9 US cents trading 550,000 shares.
The All Jamaican Composite Index advanced 187.57 points to 442,013.12, after hitting 443,387.95 just after midday. The Main Index rose 170.79 points to 402,637.35 and the JSE Financial Index added 0.06 points in settling at 100.22.
Trading averaged 161,250 units at $1,642,104, compared to an average of 169,965 shares at $947,558 on Wednesday. Month to date trading averages 232,142 units at $1,509,917, in contrast to 238,879 units at $1,499,367 on Wednesday. March averaged 354,304 units at $2,543,232.
Sagicor Group gained 50 cents to close at $50.50 in trading 8,039 shares, Salada Foods picked up 25 cents to settle at a 52 weeks’ high of $6.20 with the swapping of 96,977 stock units and Seprod declined $1.19 to $82.80 in switching ownership of 22,436 shares.
Trading closed, with two stocks rising, one declining and three remaining unchanged and the JSE USD Equity Index slipped 0.01 point to 209.84. The average PE Ratio ends at 13.7 based on ICInsider.com’s forecast of 2021-22 earnings.
At the close, First Rock Capital traded 2,182 shares at 9 US cents, Margaritaville ended at 9 US cents with 6,993 shares clearing the market, Proven Investments rose 1.4 cents to close at 26 US cents in exchanging 36,634 shares. Sygnus Credit Investments fell 1 cent to close at 14 US cents trading 171,046 stock units and Transjamaican Highway rose 0.05 of a cent to end at 0.95 US cents with an exchange of 223,750 stocks.
The market continues to get support for the upward rise, from three technical indicators, with one of the most powerful that suggests big gains from the channel that it has been trading in for months. It has broken out of the range and is heading for a new one.
Transjamaican Highway led trading with 26.2 percent for 2.05 million shares, followed by Wigton Windfarm with 24.1 percent for 1.88 million units and Sagicor Select Financial Fund with 16 percent for 1.25 million units.
Proven Investments lost 39 cents to settle at $37.11 in the trading of 18,182 stocks, Salada Foods rose 65 cents to end at $5.95 with the swapping of 65,978 shares, Scotia Group shed 37 cents ending at $41.62 in transferring 8,910 stock units and Supreme Ventures rose 29 cents to close at $16.14 after 41,765 units crossed the market.
At the close, First Rock Capital gained 0.1 of a cent in closing at 9 US cents trading 139,414 shares, Proven Investments rose 0.1 of a cent to 24.6 US cents in exchanging 26,191 units, Sygnus Credit Investments closed at 15 US cents with 100 shares changing hands and Transjamaican Highway remained at 0.9 of a US cent with 698,683 stocks crossing the exchange.
Trading averaged 359,225 units at $1,671,530, compared to 147,962 shares at $1,483,871 on Monday. Month to date trading averages 244,460 units at $1,544,056 in contrast to 232,625 units at $1,532,021 on Monday. March averaged 354,304 units at $2,543,232.
Sagicor Group fell 49 cents to $50 with 16,629 shares changing hands, Scotia Group gained 34 cents to end at $41.99 in the transfer of 37,458 stock units, Seprod advanced $1.08 to close at a 52 weeks’ high of $84 with the swapping of 127,859 shares, Stanley Motta rose 61 cents to finish at $5.91 after an exchange of 25,420 stock units. Supreme Ventures advanced $1.75 to $15.85, trading 104,384 shares and Sygnus Credit Investments gained 50 cents in ending at $15 with an exchange of 74,006 stock units.
Similar to Monday, six stocks traded on Tuesday, with prices of one rising, two declining and three remaining unchanged.
At the close, First Rock Capital closed at 8.9 US cents trading 6,590 shares, Proven Investments shed 1.49 cents to close at 24.5 US cents after 271,008 stocks crossed the market, Sterling Investments fell 0.04 of a cent to 2.01 US cents in trading 45,540 stock units. Sygnus Credit Investments gained 0.17 of a cent to close at 15 US cents trading 60,047 shares and Transjamaican Highway closed at 0.9 of a US cent in 108,080 shares crossing the market.
The All Jamaican Composite Index increased 351.51 points to 436,947.49, the JSE Main Index carved out a gain of 316.37 points to close at 398,063.87 and the JSE Financial Index advanced 0.16 points to 99.60.
Transjamaican Highway led trading with 46.2 percent of total volume for 3.49 million shares, followed by Wigton Windfarm with 17.6 percent for 1.33 million units and Caribbean Cement with 6.8 percent for 513,466 units changing hands.
Sagicor Group gained 49 cents to close at $50.49 after exchanging 12,602 units, Seprod jumped $6.32 higher to a 52 weeks’ high of $82.92 with 8,914 stock units clearing the market. Supreme Ventures shed $1.90 in closing at $14.10 in the trading of 422,951 stocks and Victoria Mutual Investments gained 45 cents in ending at $5.78 with 58,944 units changing hands.
Six securities traded, similar to trading on Friday, with one rising, two declining and three remaining unchanged.
At the close, First Rock Capital closed at 8.9 US cents after exchanging 419,000 stocks, Proven Investments gained 0.74 of a cent in closing at 25.99 US cents in an exchange of 45,594 units, Sterling Investments shed 0.1 of a cent to close at 2.05 US cents after exchanging 54,297 shares. Sygnus Credit Investments dropped 0.17 of a cent to close at 14.83 US cents in switching ownership of 1,080 units and Transjamaican Highway ended at 0.90 US cents after exchanging 40,000 stocks.