In a paltry trading session on Monday, just $31 million was spent on Main Market stocks listed on the Jamaica Stock Exchange. The market Index recovered back more than 3,000 of the 7,000 plus points lost on Friday as the volume of stocks trading, fell to less than half of Friday’s activity.
At the close, the JSE All Jamaican Composite Index climbed 3,388.85 points to close at 415,051.71, the JSE Market Index advanced 3,133.74 points to 378,597.03 and the JSE Financial Index gained 0.92 points to 98.09. The PE ratio of the market ended at 15, while the Main Market finished at 15.4 times ICInsider.com’s projected 2020-21 earnings.
The market closed with 47 securities changing hands in the Main and US dollar markets, with prices of 25 stocks advancing, 15 declining and seven securities trading firm. The JSE Main Market activity ended with 44 securities accounting for 5,583,023 units valued at a mere $31,456,051, in contrast to 11,604,958 units at $94,333,066 from 39 securities on Friday.
Wigton Windfarm led trading with 2.76 million shares for 49.4 percent of total volume followed by Trans Jamaican Highway with 1.05 million units for 19 percent of the day’s trade and Pulse Investments with 373,033 units for 6.7 percent market share.
An average of 126,887 securities traded on Monday for $714,910, in contrast to 297,563 units at an average of $2,418,797 on Friday. An average of 388,606 units crossed the exchange for the month to date at $6,585,846 for each security changing hands, compared to 406,241 units with an average of $7,008,631.
The average security traded in May accounted for 475,543 units at $3,077,280 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows fourteen stocks ending with bids higher than their last selling prices and eight stocks closing with lower offers.
In the Main Market, Barita Investments gained 30 cents to close at $50.30 trading 14,424 units, Berger Paints picked up 89 cents and ended at $13, after exchanging 1,010 units, Caribbean Cement finished $1.37 lower at $49.60, after a swap of 19,819 stock units. Eppley climbed $1.07 to $17.97 trading 370 units, Jamaica Broilers shed 48 cents to settle at $28.50, with 8,744 units changing hands, Jamaica Producers rose $1.41 to close at $22.41, in transferring 1,000 units. The Jamaica Stock Exchange stock traded 23,358 stock units at $23.49, after gaining 39 cents,
Kingston Properties rose 40 cents to end at $6.70, with 412 units changing hands, Mayberry Jamaican Equities closed 70 cents lower at $9.80 exchanging 9,219 units. MPC Caribbean Clean Energy jumped by $9 to $174, with 341 units crossing the exchange, NCB Financial Group climbed $4.19 to $143.70, after investors exchanged 29,565 stock units, Proven Investments shed 50 cents to settle at $34, with 5,637 units changing hands. Sagicor Group ended with gains of 50 cents trading 12,659 units and closed at $46.50, Salada Foods declined $2 to finish at $28.50, in transferring 719 units and Wisynco Group gained 41 cents, ending trading at $17.96 with an exchange of 82,286 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with the prices of one stock advancing, one declining and one closing unchanged. Trading ended with 552,258 shares for US$125,657 changing hands, in contrast to 2,160,753 shares at US$452,039 from three securities on Friday.
At the close of trading, the JSE All Jamaican Composite Index dived 7,074.36 points to 411,662.86, the JSE Market Index dropped 6,402.83 points up to 375,463.29 and the JSE Financial Index lost 2.57 points to 97.17.
The average volume and value traded for the month to date amount to 406,241 units at $7,008,631, in contrast to
JMMB Group dropped by 70 cents after ending at $33.30, with 57,156 shares changing hands, Kingston Wharves rose $1.27 to end at $57.27 in trading 616 units, Mayberry Investments advanced 35 cents in ending at $6 after swapping 128,733 units. Mayberry Jamaican Equities climbed 90 cents to settle at $10.50 trading 110,500 units, NCB Financial Group lost 52 cents to end at $139.51 trading 158,913 units, Pan Jam Investment advanced by $2 to settle at $75 with 432,418 stock units crossing the exchange. Proven Investments dropped $1.35 to end at $34.50 with a transfer of 22,266 shares, Sagicor Group climbed $1 to $46 after exchanging 27,292 stock units, Salada Foods gained 50 cents in closing at $30.50 trading 7,383 shares and Scotia Group shed $3.41 to close at $43.08 exchanging 112,216 stock units.
The volume of stocks trading on the Jamaica Stock Exchange US dollar market jumped on Friday as investors exchanged just over 2 million units as market activity resulted in three securities changing hands, up from two Thursday as more than 2 million units of 
The JSE Main Market activity ended with 41 securities accounting for 13,973,559 units valued at $676,293,640, in contrast to 19,992,087 units valued at $1,058,928,831 from 37 securities on Wednesday.
Jamaica Stock Exchange closed with 50,959 shares changing hands after losing 90 cents to close at $22.50, JMMB Group gained 85 cents and ended at $34, with an exchange of 92,797 shares, Kingston Wharves climbed $3 to $56, with 2,238 units crossing the exchange. NCB Financial Group declined by $2.47 and closed at $140.03, having traded 3,887,398 shares, Palace Amusement added $100 to finish at $1,900 in transferring 10 units, PanJam Investment fell $1 to $73, with investors switching ownership of 7,384 units. Proven Investments gained 35 cents to settle at $35.85 while exchanging 6,728 units, Sagicor Group ended with a loss of $1.30 trading 37,214 stock units and closed at $45 and Salada Foods added 50 cents and finished at $30, after swapping 260 units.
The market closed with the prices of one stock advancing and one closing unchanged. Trading ended with 235,284 shares with a value of US$9,471 changing hands, in contrast to 102,201 shares with an amount of US$28,100 from five securities on Wednesday.
At the close, the JSE All Jamaican Composite Index advanced by 4,752.87 points to 417,477.58, the JSE Market Index climbed 4,332.12 points to 380,725.82 and the JSE Financial Index gained 2.18 points to 99.84. The PE ratio of the market ended at 14.7, with the Main Market ending at 15.0 times ICInsider.com projected 2020-21 earnings.
The securities trading on Tuesday resulted in an average of 540,327 units for $28,619,698, in contrast to 420,433 units at an average of $2,352,280 at the close, Tuesday. The average volume and value for the month to date amount to 418,319 units at $6,613,270, compared to 409,897 units with an average of $4,965,016 on Tuesday. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
Jamaica Broilers lost $1.40 and ended at $26.60, after transferring 43,707 shares, Jamaica Stock Exchange picked up 40 cents in with 3,890 units changing hands and closed at $23.40, JMMB Group finished at $33.15, with a loss of 37 cents after exchanging 31,008 shares. Kingston Wharves fell $4 to $53, with 18,686 stock units crossing the exchange, Mayberry Jamaican Investments closed at $9.50, after shedding 50 cents transferring 55,006 shares, Palace Amusement closed $100 higher at $1,800 trading 68 units. Sagicor Group gained $1.30 to settle at $46.30, with exchanging 6,596 units, Salada Foods closed $2.99 higher at $29.50, in swapping 2,208 units, Scotia Group climbed $2.50 to $46.50, with a transfer of 6,266 units and Seprod advanced by $2.99 to $52.99, in trading 22,244 stock units.
Traded ended with the prices of three stocks declining and two closing unchanged. Trading ended with 102,201 shares at US$28,100 changing hands, in contrast to 57,099 units at US$26,170 on Monday.
At the close, the JSE All Jamaican Composite Index declined by 582.32 points to 412,724.71, the JSE Market Index shed 520.97 points to 376,393.70 and the JSE Financial Index lost 0.33 points to 97.66. The PE ratio of the market ended at 14.7, while the Main Market ended at 15.0 times ICInsider.com projected 2020-21 earnings.
The average volume for the month to date amounts to 409,897 units at $4,965,016 for each security changing hands, compared to 409,048 units with an average of $5,195,213. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
JMMB Group shed 48 cents with 349,918 shares changing hands to end at $33.52, Kingston Wharves finished $1.98 lower at $57, with an exchange of 7,949 units. MPC Caribbean Clean Energy dropped $5 to close at $165, trading 1,052 units, NCB Financial Group gained 53 cents after swapping 84,261 shares to settle at $142.50, Proven Investments shed 48 cents to close at $35.50, with 2,158 units changing hands. Sagicor Group closed $1.50 lower after transferring 115,506 shares to end at $45 and Seprod dropped $3 to settle at $50 in trading 110,922 shares.