The Jamaica Stock Exchange US dollar market closed trading on Friday with the market slipping after the price of just one stock closed with a change and 888 percent more shares traded than on Thursday.
At the close of the market, trading ended with six securities changing hands, the same as on Thursday and ended with the price of one rising and the five remaining unchanged.
The JSE USD Equities Index fell by 1.83 points to settle at 187.92. The average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 427,882 shares, for US$13,880 compared to 43,326 units at US$14,347 on Thursday. The daily trade averaged 71,314 units at US$2,313, in contrast to an average of 7,221 shares at US$2,391 on Thursday. Trading ended with an average of 49,490 units for the month to date at US$4,641, in contrast to 47,912 units at US$4,809. October averaged 697,808 units for US$17,320.
Investor’s Choice bid-offer indicator reading for the market shows one stock ending with the bid higher than the last selling price and none with lower offers.
At the close of the market, First Rock Capital Investment closed at 8.65 US cents trading 234 units, Margaritaville remained at 13 US cents, in crossing the exchange with 100 units, MPC Caribbean Clean Energy ended at US$1.15 after trading 30 units. Proven Investments closed at 25 US cents, after exchanging 19,400 stock units, Sygnus Credit Investments rose 0.49 of a cent to 15.99 US cents, with an exchange of 36,236 shares and Transjamaican Highway settled at 0.90 of 1 US cent, in a transfer of 371,882 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading six securities changing hands compared to four on Wednesday and ended with the price of one declining and five remaining unchanged.
At the close of trading, Margaritaville closed at 13 US cents, trading 524 shares, Productive Business Solutions remained at 66 US cents, with an exchange of 29 units. Proven Investments ended at 25 US cents after a transfer of 22,692 shares, Sygnus Credit Investments remained at 15.50 US cents trading 8,753 stock units and Transjamaican Highway lost 0.03 of a cent to settle at 0.90 of 1 US cent with an exchange of 4,500 units.
At the close, the All Jamaican Composite Index slipped just 210.35 points to 432,122.32, the Main Index eased 230.64 points to 394,215.74 and the JSE Financial Index edged 0.02 points lower to 103.42.
Transjamaican Highway with 16.3 percent market share for 1.96 million units and Wisynco Group accounted for 14.6 percent with 1.75 million units changing hands.
Kingston Wharves climbed $2.75 to $48.45, with 1,375 shares changing hands, Mayberry Jamaican Equities closed 36 cents higher at $8.15 in exchanging 12,000 stock units, NCB Financial climbed $2.50 to $148.50, with a transfer of 58,915 shares. Palace Amusement jumped $100 to $1,200 after an exchange of 34 units, PanJam Investment gained $1.05 to close at $68.15, trading 31,652 stock units, Proven Investments fell by $1.88 to $36.80 after switching ownership of 9,831 shares. Sagicor Group rose 89 cents to $51, with 2,172,115 shares changing hands and Supreme Ventures gained $1.52 to close at $18 trading 45,204 shares.
At the close, the All Jamaican Composite Index advanced by 3,396.16 points to 432,332.67, the Main Index climbed 3,018.17 points to 394,446.38 and the JSE Financial Index rose 0.33 points to settle at 103.44.
Pan Jam Investment finished at $67.10, with gains of 60 cents after clearing the market with 18,832 units, Proven Investments lost 36 cents to settle at $38.68, with the swapping of 14,106 stock units, Pulse Investments ended at $4.58 after losing 31 cents and exchanging 443,745 shares. Salada Foods fell $1 to $28, in transferring 24,249 stock units, Scotia Group declined $1.71 to $45.14, in clearing the market with 11,685 units, Seprod shed 50 cents to settle at $64, with 1,163 stocks passing through the market. Sterling Investments gained 50 cents to end at $3.70, with the switching of 330 units, Supreme Ventures gained 48 cents to finish at $16.48 after trading 162,359 shares and Wisynco Group closed 49 cents higher at $16, with 437,353 stocks passing through the market.
Trading ended with four securities changing hands, the same as on Tuesday and closed with the price of two stocks rising, one declining and one remaining unchanged.
At the close of the market, Proven Investments lost half a cent to end at 25 US cents, after trading 12,853 shares, Sygnus Credit Investments gained 1.34 US cents to close at 15.50 US cents, with 117,690 stock units changing hands and Transjamaican Highway inched 0.08 of a cent higher, to end at 0.93 of one US cent, with 97,000 units crossing the exchange.
At the close, the All Jamaican Composite Index climbed 2,982.72 points to 428,936.51, the Main Index rose 2,680.31 points to 391,428.21 and the JSE Financial Index gained 0.29 points to settle at 103.11.
Trading averaged 1,039,769 units changing hands at $5,996,563 for each security, compared to an average of 678,428 shares at $4,062,730 on Monday. Trading for the month to date averaged 390,690 units at $7,005,102 for each security, versus 346,635 units at $7,073,555 on Monday. October averaged 398,200 units at $4,622,532.
Mayberry Investments ended $1.38 higher at $7 trading 50,100 shares, Mayberry Jamaican Equities gained 93 cents to finish at $7.93, with investors swapping 30,167 stock units, NCB Financial fell $3.40 to $145.10, with an exchange of 18,559 shares. Palace Amusement declined $200 to end at $1,100, in trading 5 stock units, Pan Jam Investment rose $1.50 to $66.50, after exchanging 2,067 stock units, Proven Investments gained 79 cents to close at $39.04, trading 2,785 units. Sagicor Group advanced $2 to $50 and ending with an exchange of 309,520 shares, Salada Foods climbed $4 to close at $29, trading 7,008 units, Seprod gained $1.50 to end at $64.50 after exchanging 19,273 stock units and Sterling Investments lost 50 cents to close at $3.20 transferring 255,264 shares.
At the close of the market, First Rock Capital Investment gained 0.05 of a cent and closed at 8.65 US cents in an exchange of 1,055 units, Productive Business Solutions remained at 66 US cents, with 51 units changing hands, Proven Investments lost 0.48 of a cent to end at 25.50 US cents, in trading 300 units and Transjamaican Highway remained at 0.85 of 1 US cent after a transfer of 200,000 shares.
At the close, the All Jamaican Composite Index rose 204.81 points to 425,953.79, the Main Index advanced by 284.47 points to 388,747.9 and the JSE Financial Index gained 0.31 points to settle at 102.82.
Transjamaican Highway controlled a 12.7 percent market share with 3.54 million units and Sagicor Select Manufacturing & Distribution Fund accounted for 3.6 percent of the day’s trade in closing with one million units changing hands.
Mayberry Jamaican Equities shed 80 cents to settle at $7, after transferring 3,098 units, NCB Financial declined $1.48 to$148.50, in crossing the exchange with 714,826 shares, Palace Amusement climbed $34.99 to $1,300, with 2 units changing hands. Salada Foods fell $2.50 to $25, with 5,139 stock units crossing the market, Scotia Group rose 85 cents to end at $46.85, exchanging 10,778 shares and Seprod gained $1 to close at $63 trading 19,472 stock units.
Five securities changed hands on Monday compared to two on Friday and closed with the prices of one stock rising, three falling and one remained unchanged.
At the close of the market, First Rock Capital Investment remained at 8.6 US cents after exchanging 1,743 shares, Productive Business Solutions lost 9 US cents to close at 66 US cents, with 609 stock units trading, Proven Investments rose 2.76 US cents to 25.98 US cents after the trading of 31,318 units. Sygnus Credit Investments lost 1.83 US cents to settle at 14.16 US cents while exchanging 6,472 shares and Transjamaican Highway lost 0.04 of a cent and settled at 0.85 of a US cent after exchanging 349,996 units.
Transjamaican Highway controlled 4 percent market share, with 1.78 million units Sagicor Select Financial Fund accounted for 3.7 percent with 1.65 million units and Wigton Windfarm controlled 3.5 percent of the market with 1.57 million units.
MPC Caribbean Clean Energy dropped $7.01 in closing at $138 trading 836 units, Pan Jam Investment closed at $65, with gains of $1.76, trading 147,995 shares, Proven Investments shed 50 cents in closing at $38, with 10,286 stock units changing hands. Sagicor Group finished at $48, after losing 50 cents exchanging 151,507 shares and Scotia Group rose 80 cents to settle at $46 trading 5,512 units.