The volume of stocks trading climbed 20 percent above Tuesday’s level but with 51 percent less dollars chasing stocks, with Ciboney accounting for a third of the volume and hitting a new multi-year high, in continuation of an extraordinary run for the stock in recent weeks, after the Jamaica Stock Exchange Main Market resumed activity on Thursday, following the closure for the Ash Wednesday holiday.
Ciboney traded at a new 52 weeks’ high of $1.03.
The All Jamaican Composite Index rose 530.13 points to close at 429,893.90, the Main Index advanced 648.27 points to 392,156.46 and the JSE Financial Index lost 0.14 points to close at 100.15.
Trading ended with 49 securities changing hands, up from 45 on Tuesday and closed with prices of 17 stocks rising, 21 declining and 11 remaining unchanged.
The PE Ratio averages 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 11,779,247 shares for $46,765,256 versus 9,841,467 units at $95,818,004 on Tuesday. Ciboney led trading with 32.3 percent of total volume, after an exchange of 3.8 million shares at a new multi-year high of $1.03 and closing with the bid at $1.07. Transjamaican Highway followed with 14.6 percent for 1.72 million units, Sagicor Select Financial Fund 14.5 percent with 1.70 million units changing hands and QWI Investments accounted for 9.3 percent of volume traded with 1.1 million units.
Trading for the day averaged 240,393 units at $954,393 for each security, compared to an average of 218,699 units at $2,129,289 on Tuesday. Month to date averages 399,327 units at $2,608,760 for each security, in contrast to 413,643 units at $2,752,324 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has 14 stocks ending with bids higher than their last selling prices and one with a lower offer.
At the 1 PM close, Berger Paints fell 88 cents to $13.01 with 9,279 stocks traded, Caribbean Cement shed $1.49 to finish at $61.50, with 3,874 units changing hands. Carreras lost 25 cents to end at $7, after exchanging 901,960 shares, Eppley climbed $1.72 to $24.70, with 12,456 stock units clearing the market, First Rock fell 50 cents to $15.50 with investors swapping 18,565 stocks. Grace Kennedy fell $2 to $77 with 33,896 units changing hands, Jamaica Producers dipped 33 cents to $20.01 with 2,694 shares traded, Kingston Wharves jumped $3 to $48, with an exchange of 2,609 stock units. Mayberry Equities advanced 60 cents to $7.20 with a transfer of 500 stocks, MPC Caribbean Energy jumped $20.99 to $156 with 500 shares traded. NCB Financial gained 50 cents to close at $140 with 51,047 stocks changing hands, 138 Student Living dipped 35 cents to $5.05 with a transfer of 5,317 shares, Palace Amusement dropped $92.99 to $907 with an exchange of 37 units, Portland JSX climbed 39 cents to $8.40 with 6,360 shares trading. 
Proven Investments increased $1.49 to $37.99 with 600 stocks traded, Sagicor Group shed $1.70 in closing at $50 with 50,015 units changing hands, Seprod gained $2 to settle at $69 with an exchange of 29,388 stock units. Sygnus Credit Investments rose 35 cents to $14.90, trading 54,293 units and Victoria Mutual Investments advanced 27 cents to $5.80 with 139,146 shares crossing the exchange.
In the preference segment, Eppley 8.25% fell by 85 cents to $6.50 with 24,003 units changing hands and Eppley 8.75% lost 40 cents to $7 with an exchange of 2,003 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Seven securities changed hands, the same as Tuesday, with four rising, two declining and one remaining unchanged, with the JSE USD Equity Index losing 6.76 points to end at 193.23. The PE Ratio averages 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Sygnus Credit Investments J$ stock dropped 2.5 cents to 12 US cents trading just 4 stock units. Sygnus Credit Investments US$ stock rose 0.45 of a cent to 14.95 US cents with 38,258 stock units changing hands and Transjamaican Highway slipped 0.09 of a cent to 0.85 of a US cent with 434,924 units crossing the exchange.
The All Jamaican Composite Index fell 686.84 points to 429,363.77, the Main Index lost 618.66 points to 391,508.19 and the JSE Financial Index rose 0.43 points to 100.29.
Trading averaged 218,699 units at $2,129,289, compared to 468,946 shares at $2,041,431 on Monday. The month to date averaged 413,643 units at $2,752,324, close to the average of 431,223 units at $2,808,510 on Monday. Trading in January closed with an average of 311,275 units at $1,432,133.
Proven Investments slipped $1.48 to $36.50 trading 1,513 units, Radio Jamaica gained 6 cents to close at $1.56 with the swapping of 554,673 shares, after traded as high as $1.80 during the morning session. Sagicor Group rose 70 cents to $51.70, with 18,406 stocks clearing the market. Scotia Group finished 97 cents lower at $42, after 18,751 shares crossing the market and Seprod gained $1 to end at $67, in an exchange of 14,613 units.
Seven securities traded, compared to six on Monday with four rising, two declining and one remaining unchanged.
Sterling Investments rose 0.09 of a cent to 2.39 US cents with 900 stocks clearing the market. Sygnus Credit Investments settled at 14.5 US cents trading 2,901 stock units, Sygnus Credit Investments dropped 0.5 of a cent to end at 14.5 US cents trading 2,400 stock units and Transjamaican Highway advanced 0.03 of a cent to 0.94 of a US cent with 23,060 units crossing the exchange.
The two main market indices are now down less than a percent for the year to date, as the All Jamaican Composite Index gained 2,037.03 points to end at 430,050.61, the Main Index rose 1,848.31 points to 392,126.85 and the JSE Financial Index added 0.50 points to settle at 99.86.
Trading for the day averaged 468,946 units at $2,041,431, compared to 333,659 shares at $5,013,961 on Friday. The month to date averages 431,223 units at $2,808,510 for each security, in contrast to 427,484 units at $2,884,542 on Friday. Trading in January averaged 311,275 units at $1,432,133.
Scotia Group gained 47 cents to end at $42.97, with 52,903 shares changing hands, Seprod dropped $4 to close at $66 with 18,360 stock units changing hands, Supreme Ventures gained 50 cents to end $16, after 38,681 stocks crossed the market. Sygnus Credit Investments shed $1.25 to $14.50, in exchanging 383,772 stock units and Victoria Mutual Investments lost 28 cents to settle at $5.51 and to transfer 139,505 shares.
Trading ended with six securities changing hands at the close, compared to seven on Friday and ended with two stocks rising, one declining and three remaining unchanged. The average PE Ratio ends at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Proven Investments added 1.39 US cents to close at 26.4 US cents in exchanging 7,345 units, Sygnus Credit Investments closed at 14.5 US cents, trading 599 shares. Sygnus Credit Investments slipped 0.04 of a cent to 15 US cents after exchanging 44,116 stocks and Transjamaican Highway eked out a gain of 0.01 of a cent to 0.91 of a US cent with four stock units crossing the exchange.
At the close, the All Jamaican Composite Index climbed 4,748.93 points to 428,013.58, the Main Index advanced by 4,304.89 points to 390,278.54 and the JSE Financial Index gained 0.88 points to close at 99.36.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and two with lower offers.
Stanley Motta gained 45 cents to settle at $5.35 exchanging 945,893 stocks, Supreme Ventures slipped 50 cents to end at $15.50, in switching owners for 96,790 stock units, Sygnus Credit Investments gained 55 cents to finish at $15.75 trading 55,266 shares. Victoria Mutual Investments rose 28 cents to $5.79, with 113,332 units changing hands and Wisynco Group gained 36 cents in ending at $16.35, trading 108,260 stock units.
Trading ended with seven securities changing hands at the close, compared to six on Thursday and ended with the prices of three stocks rising, two declining and two remaining unchanged.
The Jamaican dollar-based Sygnus Credit Investments gained 2.5 cents ending at 14.5 US cents in exchanging 400 shares, Sygnus Credit Investments shed 0.84 of a cent to close at 15.04 US cents in trading 7,911 stocks and Transjamaican Highway shed 0.05 of a cent to close at 0.9 of a US cent with 230,224 stocks changing hands.
Trading for the day averaged 335,050 units at $2,547,549, down from 911,229 shares at $5,003,803 on Wednesday. The month to date averaged 437,301 units at $2,661,756, in contrast to 449,559 units at $2,675,448 on Wednesday. Trading in January averaged 311,275 units at $1,432,133.
Salada Foods rose 90 cents to end at $40.90 with 4,399 stock units changing hands, Scotia Group fell $1.50 to $42.50 after exchanging 147,223 stocks, Seprod declined by $1.01 to $65.01 trading 16,487 stocks. Supreme Ventures slid $1.10 to $16, in transferring 113,376 stock units and Victoria Mutual Investments lost 28 cents to close at $5.51 after crossing the market with 6,600 shares.
Proven Investments shed 1 cent in closing at 25 US cents in switching ownership of 10,040 units, Sygnus Credit Investments lost 0.03 of a cent to close at 15.88 US cents trading 744 stocks and Transjamaican Highway lost 0.02 of a cent to close at O.95 of one US cent, with 148,775 stock units changing hands.