Trading ended with the volume of stocks trading jumping 265 percent on Thursday over Wednesday’s level, leading the JSE USD Equity Index in gaining 5.87 points to end 210.27, to be up 12.9 percent for the year to date, at the close of the Jamaica Stock Exchange US dollar market, on the first day of the new quarter, ahead of the Easter break.
Seven securities changing hands, compared to five on Wednesday, with prices of four rising, one declining and two remaining unchanged. The average PE Ratio ends at 13.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 149,937 shares for US$15,185, up from 41,079 units at US$7,818 on Wednesday. Trading averaged 21,420 units at US$2,169, versus 8,216 shares at US$1,564 on Wednesday. March averaged 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows no stocks ended with bids higher than their last selling prices nor with lower offers.
At the close, First Rock Capital fell 0.19 of a cent to 8.71 US cents with an exchange of 8,700 shares, Margaritaville settled at 11 US cents trading 11,200 stock units, Proven Investments climbed 1.44 cents to 25.45 US cents with an exchange of 21,353 shares.
Sterling Investments rose 0.02 of a cent to 2 US cents in trading 81,196 shares, Sygnus Credit Investments carved out a gain of 0.98 of a cent in closing at 14.99 US cents and exchanging 25,100 units and Transjamaican Highway increased 0.06 of a cent in closing at 0.94 of a US cent, with 1,200 stock units changing hands.
In the preference segment, JMMB Group 5.75% traded 1,188 shares at US$2.05.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index advanced 2,324.91 points to 432,859.15, the Main Index rose 2,055.33 points to 394,659.55 and the JSE Financial Index gained 0.40 points to settle at 99.63.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and three with lower offers.
Proven Investments shed 90 cents to close at $35 with an exchange of 11,160 stocks, Sagicor Group advanced $1.89 to close at $51.88 in trading 480,479 shares, Salada Foods rose $1.30 to close at a 52 weeks’ high of $6.75 with a transfer of 13,442 stocks, Scotia Group gained 37 cents to close at $41.52 trading 46,641 units. Supreme Ventures rose 40 cents to close at $15.40 with the swapping of 180,570 stock units, Sygnus Credit Investments declined 47 cents to $14.50 trading 34,579 units, Victoria Mutual Investments advanced 44 cents to $5.89 with the swapping of 122,135 shares, Wisynco Group shed 34 cents to close at $15.11 in exchanging 62,400 shares.
Five securities traded, compared to four on Tuesday, with the prices of two rising, two declining and one remaining unchanged.
Margaritaville rose by 1 cent to end at 11 US cents trading 600 stock units, Productive Business Solutions ended at US$1 in switching ownership of 212 stock units. Proven Investments shed 0.99 cents to end at 24.01 US cents while trading 17,855 units and Sygnus Credit Investments declined 0.79 of a cent to close at 14.01 US cents in exchanging 22,181 units.
Trading averaged 739,966 units at $5,962,582, up from an average of 279,882 shares at $2,106,961 on Monday. Trading month to date averages 354,133 units at $2,532,457, up from 338,336 units at $2,392,022 on Monday. February closed with an average of 419,015 units at $2,509,660.
NCB Financial rose $1.50 to $140 in exchanging 8,370 shares, Proven Investments gained $1.90 to $35.90 trading 53,710 stock units. Sagicor Group advanced 49 cents to $49.99 with the swapping of 7,945 units. Sagicor Real Estate Fund rose $1.11 to $8.31 after a transfer of 300 stocks, Salada Foods jumped $1.05 to a record close of $5.45, trading 41,837 stock units. Seprod shed $1.50 to close at $69.60 in an exchange of 7,052 stock units, Sygnus Credit Investments gained 37 cents in ending at $14.97 trading 90,548 units and Wisynco Group fell 25 cents to $15.45 after a transfer of 20,763 shares.
rising, none declining and one remaining unchanged.
At the close, Proven Investments rose 0.01 of a cent to 25 US cents, with 1,051 shares changing hands, Sterling Investments settled at 1.98 US cents with an exchange of 247 units, Sygnus Credit Investments carved out a gain of 0.78 cents in ending at 14.8 US cents and trading 12,266 shares and Transjamaican Highway increased 0.02 of one cent to close at 0.88 US cents, with 337,447 units changing hands.
The All Jamaican Composite Index declined 1,805.24 points to 431,621.60, the JSE Main Index retreated 1,581.94 points to 393,571.93 and the JSE Financial Index lost 0.58 points to close at 98.88.
Trading month to date averaged 338,137 units at $2,423,642, in contrast to 341,423 units at $2,407,074 on Friday. February closed with an average of 419,015 units at $2,509,660.
Salada Foods lost 50 to finish at $44 with 63,894 stock units crossing the market, Seprod advanced $2.10 to $71.10 with 6,110 units changing hands. Supreme Ventures lost 30 cents to end at $15 with the swapping of 47,761 shares and Wisynco Group rose 40 cents to $15.70 with an exchange of 19,151 stock units.
Similar to Friday, trading ended on Monday, with five securities and the price of one rising, two declining and two remaining unchanged.
At the close, Margaritaville rose 0.1 of a cent to end at 10 US cents in exchanging 950 shares, Proven Investments closed at 24.99 US cents with an exchange of 110,963 units, Sterling Investments ended at 1.98 US cents in trading 100 units. Sygnus Credit Investments lost 0.48 of a cent to end at 14.02 US cents with an exchange of 6,271 shares and Transjamaican Highway shed 0.1 of a cent to end at 0.86 US cents, with 377,347 stocks clearing the market.
The All Jamaican Composite Index advanced 2,733.33 points to 433,426.84, the Main Index rose 2,535.44 points to 395,153.87 and the JSE Financial Index gained 0.82 points to settle at 99.46.
Month to date trading averaged 341,423 units at $2,407,074, in contrast to 350,058 units at $2,478,082 on Thursday. February closed with an average of 419,015 units at $2,509,660.
Palace Amusement fell $19 to $680, with 443 units crossing the exchange, Proven Investments shed 60 cents in ending at $34.90 with 19,845 stock units clearing the market, Sagicor Group gained 23 cents to finish at $49.98 in transferring 321,790 units. Salada Foods rose $1.50 to $44.50 with the swapping of 10,915 shares, Scotia Group closed 74 cents higher at $41.25 with an exchange of 8,767 stock, Seprod dropped $4 to $69 in trading 94,793 units and Supreme Ventures finished 20 cents higher at $15.30 in switching ownership of 37,927 stock units.
Trading ended with five securities changing hands, compared to seven on Thursday and ended with the prices of one stock rising, three declining and one remaining unchanged.
At the close, First Rock Capital fell 0.4 of a cent to 8.5 US cents trading 11,123 shares, Proven Investments dipped 0.11 of a cent to 24.99 US cents, with 247,644 stock units clearing the market, Sterling Investments lost 0.01 of a cent in ending at 1.98 US cents in an exchange of 308 stock units and Sygnus Credit Investments advanced 0.3 of one cent to 14.5 US cents with 22,859 stocks changing hands.
At the close, the All Jamaican Composite Index shed 48.69 points to 430,693.51, the JSE Main Index declined 53.00 points to 392,618.43 and the JSE Financial Index lost 0.09 points to settle at 98.64.
Investor’s Choice bid-offer indicator reading has thirteen stocks ending with bids higher than their last selling prices and four with lower offers.
Scotia Group ended 74 cents lower at $40.51 with the swapping of 14,908 stock units, Seprod rose $1 to $73 with 45,709 units changing hands. Sterling Investments gained 21 cents to settle at $2.91in the transfer of 24,212 stocks and Wisynco Group shed 62 cents to close at $15.38, with 28,391 stocks changing hands.