JSE Main Market gets election day bounce

With Thursday, being the day of Jamaica’s general election, the Jamaica Stock Exchange Main Market ended trading, rose with an equal number of stocks rising and falling, with seven percent more shares exchanged, with 90 percent greater value than on Wednesday.
At the close, the All Jamaican Composite Index surged by 1,988.44 points to 401,268.08. The Main Index climbed 1,851.55 points to close at 366,242.20. The JSE Financial Index gained 0.62 points to close at 96.84.
Trading ended with 38 securities changing hands compared to 45  on Wednesday, with the prices of 15 stocks rising, 15 declining and eight remaining unchanged. The average PE Ratio of the market ended at 15.4 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 7,819,711 shares for $77,429,738  compared to 7,341,364 units at $40,755,755 on Wednesday.
Wigton Windfarm led trading with 3.9 million shares for 50 percent of total volume, followed by Scotia Group with 1.18 million units for 15 percent of the day’s trade and Transjamaican Highway with 853,461 units for 11 percent market share.
Trading ended with an average of 205,782 units changing hands at  $2,037,625 for each security, in comparison to an average of 163,141  shares at  $905,683 on Wednesday. The average trade for the month to date ended at 209,284 units at $1,423,922 for each security, in contrast to  210,813 units at $957,419. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Barita Investments jumped $3.50 to $57, trading 5,972 units, Caribbean Cement climbed $3.95 to $46.99, with investors switching ownership of 15,423 stock units, First Rock Capital shed 60 cents to close at $11.90 and 8,500  units passing through the market. Jamaica Producers fell $1 to $21, with 5,106 units crossing the market, JMMB Group rose  97 cents to close at $30.50, while transferring 41,850 shares. Key Insurance rose $1.94 to settle at $9.15, in an exchange of 184,302 shares, Kingston harves advanced to $45, with gains of $1 trading 7,600 units, NCB Financial ended 50 cents higher at  $138.01 with investors swapping 38,808 shares. PanJam Investment carved out an increase of $1 to settle at $70 in trading 450 units, Sagicor Group gained 77 cents to close at $44.77 after exchanging  63,545 units. Scotia Group ended with a loss of 71 cents to end at  $46.02, in clearing the market with 1,184,453 shares, Seprod gained 50 cents to finish at $55, trading  4,895 units and Supreme Ventures lost 30 cents ending at $13.50, with 5,173 units changing hands.
In the preference segment of the market, Community & Workers Credit Union preference shares gained 28 cents in trading 11,500 units to close at $1.98.

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

JSE USD Market slips modestly

The US dollar market of the Jamaica Stock Exchange closed trading on Thursday, with the market slipping after investors traded 51 percent fewer shares than on Wednesday.
At the close of the market, trading ended with four securities changing hands similar to Wednesday and ended with the price of two stocks rising, one declining and one remaining unchanged.
The JSE USD Equities Index sheds 2.96 points to settle at 183.44, with the average  PE Ratio ending at 12.7 based on IC Insider.com forecast of 2020-21 earnings. The market closed with an exchange of 809,269 shares, accounting for US$22,929 compared to 33,794 units at  US$3,639  on Wednesday.
The average trade for the day amounted to 202,317 units changing hands at  US$5,707, in contrast to an average of 8,449 shares at US$910  on Wednesday. Trading ended, with an average of 80,789   units for the month to date at US$3,177 in contrast to 11,346 units at US$1,731. By comparison,  August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment carved out a gain of 0.92 of a US cent, ending at 8.95 US cents with 433 units changing hands, Proven Investments gained 0.80 of a cent trading 31,400 shares at 24.8 US cents. Sygnus Credit Investments traded 48,700 shares in closing at 13.5 US cents and Transjamaican Highway ended at 1 US cent in exchanging 708,836 shares.

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

Winning stocks lift JSE Main Market

The Jamaica Stock Exchange Main Market ended trading on Wednesday with a modest rise after shares gaining outnumbered those falling by a near two to one ratio after an exchange of 33 percent fewer shares with 96 percent of the value of stocks traded on Tuesday.
At the close, the All Jamaican Composite Index gained 884.00 points to close at 399,279.64, the Main Index advanced 900.71 points to 364,390.65 and the JSE Financial Index gained 0.27 points to close at 96.22.
Trading ended with 45 securities changing hands compared to 42  on Tuesday, with the prices of 21 stocks rising, 12  declining and 12 remaining unchanged. The average PE Ratio of the market ended at 15.4 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 7,341,364 shares for $40,755,755  compared to 10,999,409 units at $42,539,683 on Tuesday. QWI Investments led trading with 2.54 million shares for 34.6 percent of total volume, followed  Wigton Windfarm with 1.48 million units for 20.2 percent of the day’s trade and Sagicor Select Financial Fund with 647,235 units for 8.8 percent market share.
Trading ended with an average of 163,141 units changing hands for the day at $905,683 for each security, in comparison to an average of 261,891 shares at $1,012,850 on Tuesday. The average trade for the month to date is 210,813  units at $957,419 for each security. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments advanced $1 to settle at $53.50, with an exchange of 9,486 stock units, Eppley dropped $2 to settle at $22, in transferring  574 units. Eppley Caribbean Property Fund climbed $2.90 to $49.90, in an exchange of  3,256 stock units, First Rock Capital rose 97 cents to close at $12.50 in trading  32,400 shares, Grace Kennedy gained 55 cents, after ending at $57 with 52,708 shares clearing the market. Jamaica Broilers Group shed 90 cents to end at $24.60 with investors switching ownership of 29,852 shares, Jamaica Producers Group advanced to $22, with gains of $2 and 32,899 shares changing hands, Key Insurance lost 34 cents to end at $7.21, with 5,536 stock units changing hands. Kingston Properties climbed  $1.52 and ended at $7.69, in trading 4,282 stock units, Kingston Wharves rose $2 to settle at $44 with investors swapping 9,554 stock units, NCB Financial Group climbed $2.50  to end at $138.50, in trading 58,879 shares. PanJam Investment rose $2.50 to settle at $69, after exchanging 955 units,  Seprod gained 50 cents in ending at $54.50, with 7,685 stock units passing through the market and Wisynco Group picked up 50 cents to close at $16.50 and 77,995 shares changing hands.
In the preference segment of the Main Market, Community & Workers Credit Union shed 30 cents to close at $1.70 as just 84 units changed hands.

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

Subdued JSE USD market activity

The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market declining after investors traded 26 percent fewer shares than on Tuesday, resulting in stock rising in price at the close.

The JSE USD Market volume contracts.

At the close of the market, trading ended with four securities changing hands compared to three on  Tuesday, with the prices of no stocks rising,  one declining and three remaining unchanged.
The JSE USD Equities Index fell 0.42 points to 186.40, with the average PE Ratio ending at 12.7 based on IC Insider.com forecast of 2020-21 earnings. The market closed with an exchange of 33,794 shares for US$3,639 compared to 45,626 units at US$8,475 on Tuesday.
The average trade for the day amounted to 8,449 units changing hands at  US$910, in contrast to an average of 15,209 shares at US$2,825  on Tuesday. Trading ended, with an average of 11,346  units for the month to date at  US$1,731. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment lost 0.92 of a US cent in closing at 8.03 US cents, with 4,000 units, Proven Investments remained at 24 US cents after exchanging 10,944 stock shares. Sygnus Credit Investments lost two-tenths of a cent in closing at 13.5 US cents with investors swapping 3,850 units and Transjamaican Highway slipped 0.01 of a cent and closed at 0.9 US cent, with 15,000 shares crossing the market.

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

Big drop for JSE main market

The Jamaica Stock Exchange Main Market suffered a sharp fall at the close of trading on Tuesday with just a few stocks rising compared that that fell on a day there were 54 percent fewer shares changing hands than on Monday.
At the close, the All Jamaican Composite Index dropped 7,335.15 points to 398,395.64, the Main Index declined by 6,792.78 points to 363,489.94 and the JSE Financial Index shed 1.74 points to close at 95.95.
Trading ended with 42 securities changing hands compared to 38 on Monday, with the prices of nine stocks rising, 26  declining and seven remaining unchanged. The average PE Ratio of the market ended at 15 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 10,999,409 shares for $42,539,683  compared to  24,003,466 units at $161,278,819 on Monday.  Wigton Windfarm led trading with 5.77 million shares for 52.4 percent of total volume, followed by Transjamaican Highway with 1.62 million units for 14.8 percent of the day’s trade and Carreras with 1.01 million units for 9.2 percent market share.
Trading ended with an average of 261,891 units changing hands at  $1,012,850 for each security, in comparison to an average of 631,670 shares at $4,244,179 on Monday. Trading in August averaged   497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments lost 50 cents, trading 1,171 shares in closing at $52.50, Caribbean Cement dropped $4 to $43, in exchanging 11,608 stock units, Eppley Caribbean Property Fund fell $2.75 to $47, with 109,021 shares clearing the market. First Rock Capital ended  47 cents lower at $11.53, in transferring 591 units, Jamaica Broilers Group gained 50 cents to settle at $25.50 after exchanging 9,326 stock units, Jamaica Producers Group lost 30 cents to end at $20  as investors swapped 5,510 stock units. JMMB Group closed at $29.80, after falling 70 cents with 28,534 stock units passing through the market, Key Insurance gained 34 cents, to close at $7.55  with an exchange of 5,417 stock units, Kingston Properties fell by $1.03 to $6.17, with  2,407 units changing hands. Kingston Wharves dropped $8 after trading 28,483 stock units to close at $42, NCB Financial Group declined by $4 to $136, after exchanging 24,762 stocks, Palace Amusement fell $200 to end at $1,500, with a transfer of 13 units. PanJam Investment fell $4.50 to $66.50 while trading 314 shares, Proven Investments shed $1.99 to close at $36 with an exchange of 6,896 stock units, Sagicor Group finished at $44, after losing $2.42 and the transferring of 48,477 shares. Scotia  Group declined by $3.49 to settle at $47 in trading 26,079 stock units and Seprod gained 50 cents to end at $54, with 1,477 units changing hands.

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

Trading down on JSE USD Market

Trading activity remains low on the US dollar market of the Jamaica Stock Exchange on Tuesday, with 80 percent fewer shares passing through the market than on Monday.  
At the close of the market, trading ended with three securities changing hands compared to two on Monday with the prices of no stocks rising,  one declining and two remaining unchanged.
The JSE USD Equities Index dropped by 0.68 points to 186.82 and with the average  PE Ratio ending at 12.9 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 45,626 shares, accounting for US$8,475  compared to 227,627 units at US$12,219 on Monday. The day’s average trade of 15,209 units changed hands at  US$2,825, in contrast to an average of 113,814 shares at US$6,110 on Monday. By comparison,  August ended with an average of 83,402  units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, Proven Investments declined by 0.08 of a US cent to close at 24 US cents, with 21,500 stock units changing hands. Sygnus Credit Investments lost two-tenths of a cent to close at 13.65 US cents as investors swapped 23,626 shares and Transjamaican Highway eked out a rise of 0.01 of a cent and closed at 0.91 of a US cent in exchanging 500 shares.

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

JSE Main Market ends August positively

The market index jumped sharply on the Jamaica Stock Exchange Main Market on Monday, with the usual month-end rally market, after an equal number of stocks recorded gains and losses as 60 percent fewer shares changed hands than Friday, with a 51 percent lower value.
At the close, the All Jamaican Composite Index climbed 4,681.28 points to 405,730.79, the Main Index bounced 4,232.34 points to end at 370,282.72 and the JSE Financial Index gained 1.36 points to close at 97.69.
Trading ended with 38 securities changing hands compared to 42  companies on Friday with the prices of 16 stocks rising, 15   declining and six remaining unchanged. The average PE Ratio of the market ended at 15.5 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 24,003,466 shares for $161,278,819  compared to 59,567,739 units at $313,340,083 on Friday.  Transjamaican Highway led trading with 13.5 million shares for 56.2 percent of total volume, followed  Wigton Windfarm with 7.06 million units for 29.4 percent of the day’s trade and NCB Financial Group with 637,827 units for 2.7 percent market share.
Trading ended with an average of 631,670 units changing hands for the day at  $4,244,179 for each security, in comparison to an average of 1,418,280 shares for $7,460,478,  Friday. The average trade for the month to date ended at 497,441 units at $3,201,934 for each security, in contrast to 491,213 units at $3,153,576. Trading for the month to date is well ahead of July, which closed with an average of 392,128  shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 11 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Cement gained $3 to end at $47 with investors trading 4,333  stock units, Eppley closed at a record $24, after gaining $2 in exchanging 183,636 shares, First Rock Capital fell  $1.49 to $12 trading 12,668 stock units. Jamaica Broilers Group finished $1 higher at $25 in transferring 158,552  shares, Jamaica Producers Group shed 70 cents to close at $20.30, exchanging 182,763 shares, Jamaica Stock Exchange climbed $1.71 to settle at $20.99, with 216,095 shares crossing the market. JMMB Group gained 97 cents to end at $30.50  in trading 25,598 stock units, Key Insurance lost 39 cents to settle at $7.21, with 8,947 units changing hands, NCB Financial Group carved out a gain of $2 to close at $140 with investors swapping 637,827 shares. PanJam Investment advanced $5.90 to $71, after exchanging 5,950 stock units, Proven Investments rose $1.99  to settle at $37.99, in  2,802 units changing hands. Sagicor Group finished $2.42 higher at  $46.42, with an exchange of 275,545 shares, Scotia Group climbed $3.49 to $50.49, in exchanging 29,922 stock units,  Seprod shed  $1.50 to close at $53.50, having traded 15,713 stock units. Sygnus Credit Investments rose 35 cents to close at $15.35 with 128,320 shares passing through the market and Wisynco Group lost 50 cents to close at $16 and 200,997 shares changing hands.
In the preference segment of the main market, Productive Business Solutions 9.75% preference share fell $12 to close at $95 after exchanging just one stock unit.

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

Trading down on JSE USD market

Trading on the US dollar market of the Jamaica Stock Exchange closed on Monday, with just two securities changing hands compared to four on Friday, resulting in the prices of one stock rising, none declining and one remaining unchanged.
At the close of the market, trading the JSE USD Equities Index gained 1.53 points to settle at 187.50 and with the average PE Ratio ending at 12.9 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 227,627 shares, accounting for US$12,219  compared to 71,410 units at US$56,041 on Friday. The average trade for the day amounted to 113,814 units changing hands at  US$6,110, in contrast to an average of 17,853 shares at US$14,010 on Friday.
Trading ended, with an average of 83,402 units for the month to date at  US$7,526  in contrast to 82,755 units at US$7,556. By comparison,  July ended with an average of 133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, Proven Investments rose 0.8 of a US cent to end at 24.8 US cents with 42,627 units changing hands and Transjamaican Highway closed at 0.9 of a US cent with investors trading 185,000 shares.

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

Trading plunged on JSE USD market

The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with the market just barely slipping after investors traded much fewer shares than on Thursday.
At the close of the market, trading ended with four securities changing hands compared to six on Thursday and ended with the prices of one stock rising, three declining and none remaining unchanged.
The JSE USD Equities Index declined by just 0.10 points to settle at 185.97, with the average PE Ratio ending at 12.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 71,410 shares and US$56,041   compared to 1,071,941 units at US$250,003 on Thursday.
The average trade for the day amounted to 17,853 units changing hands at  US$14,010, in contrast to an average of 178,657 shares at  US$41,667 on Thursday. Trading ended, with an average of 82,755  units for the month to date at US$7,556, in contrast to 85,640 units at  US$7,270. By comparison, July ended with an average of  133,150 units for US$18,282.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment lost 0.05 of a cents and ended at 9.5 US cents, with investors switching ownership of 2,200 shares and Proven Investments lost eight-tenths of a US cent in ending at 24 US cents and trading 43,960 stock units.
In the preference segment of the market, JMMB Group 5.75% fell 4 US cents to close at US$2.01, with investors swapping 19,400 units and JMMB Group 6% climbed 15 US cents to close at US$1.15, with 5,850 shares changing hands.

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

Weekly loss for JSE Main Market

The Jamaica Stock Exchange Main Market declined at the end of trading on Friday, with an equal number of stocks rising and falling to close off the week with an overall fall after investors exchanged 424 percent more shares valued at 320 percent more than on Thursday.   
At the close, the All Jamaican Composite Index declined by 861.11 points to 401,049.51, the Main Index shed 775.38 points to settle at 366,050.38 and the JSE Financial Index lost 0.43 points to close at 96.33.
Trading ended with 42 securities changing hands, down from 43  on Thursday, with the prices of 13 stocks rising, 13 declining and 16 remaining unchanged and the average PE Ratio of the market ended at 15.4 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 59,567,739 shares for $313,340,083  compared to 11,372,477 units at $74,529,571 on Thursday.  Carreras led trading with 40.15 million shares for 67.4 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 8.1 million units for 13.6 percent of the day’s trade and Wigton Windfarm with 4.20 million units for 7.1 percent market share. QWI Investments traded 2.55 million units accounting for 4.3 percent of Main Market volume and Sagicor Select Financial Fund ended trading, with 2.39 million shares and 4 percent of the volume.
Trading ended with an average of 1,418,280 units changing hands at $7,460,478 for each security, versus an average of 264,476 shares at  $1,733,246 on Thursday. The average trade for the month to date, is 491,213  units at $3,153,576 for each security, in contrast to 441,102 units at $2,920,771. Trading for the month to date compares well ahead of July that ended with an average of 392,128 shares for  $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Caribbean Cement lost $3.63 to close at $44, with an exchange of 1,954 units,  Eppley declined $1 to settle at $22, with 99 units passing through the market, First Rock Capital gained 99 cents to end at $13.49 trading 7,718  stock units. Jamaica Stock Exchange climbed $1.75 to settle at $19.28,  after exchanging 4,688 stock units,  JMMB Group shed 47 cents and closed at $29.53 with a transfer of 118,347 shares, Mayberry Investments ended 68 cents lower at $5.32, after exchanging 1,250  units. NCB Financial Group rose $1.99 to settle at $138, with 168,962 shares changing hands, PanJam Investment dropped $5.90, in closing at $65.10 as investors swapped  2,754 units, Portland JSX rose 62 cents to finish at $8.50, with investors switching ownership of 7,519 stock units. Proven Investments ended at $36, after losing 50 cents, with an exchange of 566 units, Sagicor Group fell $1 to $44, in trading 19,418 shares, Seprod carved out a gain of $1 to end at $55,  with an exchange of 46,826 stock units. Sygnus Credit Investments lost 60 cents to close at $15, with investors trading 63,968 units and Victoria Mutual Investments closed 30 cents lower to end at $6.60, with 41,506 shares changing hands.

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