JSE Main Market jumps on Monday

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.

Trading dips on JSE US$ market

Trading on the Jamaica Stock Exchange US dollar market closed with a sharp fall in the number and value of shares changing hands as market activity resulted in three securities changing hands, similar to Friday.
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, the market climbed 6.27 points to 187.83. The PE ratio of the market closed with an average of 13.1 times IC Insider.com projected 2020 earnings.
At the close of market activity, Proven Investments closed with a loss of one cent at 22 US cents, with 548,229 shares changing hands. Sygnus Credit Investments gained 1.9 cents and exchanged a mere 29 units at 15 US cents and Trans Jamaican Highway was unchanged at 0.99 of a US cent after transferring 4,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp fall for JSE Main Market

The Main Market of the Jamaica Stock Exchange dropped sharply at the close on Friday as the volume and value traded contracted from the previous two days as heavyweight Scotia Group dropped $3.41 and was one of 14 stocks falling on the market.
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 day’s activities saw 39 securities changing hands in the Main Market compared to 41 on Thursday and 42 in the combined Main and US dollar markets and ended with the prices of 13 rising 14 declining and 15 closing unchanged. The average PE ratio of the overall market stood at 14.9, while the Main Market ended at 15.3 based on IC Insider.com 2020-21 earnings.
The market closed with an exchange of 11,604,958 shares for $94,333,066, compared to 13,973,559 units at $676,293,640 on Thursday.
At the close of trading, JMMB Group 7.5% preference share led the market with 4 million shares for 34 percent of total volume followed by Wigton Windfarm with 2.9 million shares for 25 percent of the day’s trade and Victoria Mutual Investments with 1.05 million units for 9 percent market share.
The average trade of the day was 297,563 units at $2,418,797 in contrast to an average of 340,819 units at $16,494,967 on Thursday. The average volume and value traded for the month to date amount to 406,241 units at $7,008,631, in contrast to an average of 413,144 units at $7,321,574. Trading in May resulted in an average of 475,543 units at $3,077,280 for each security traded.

IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Berger Paints shed 34 cents to close at $12.11 after the swapping of 2,000 stock units, Caribbean Cement rose 97 cents to end at $50.97 trading 7,584 shares. Eppley Caribbean Property Fund advanced by 65 cents to end at $41.75 with an exchange of 3,310 stock units, Jamaica Broilers lost 56 cents to end at $28.98 in transacting the trading of 11,322 units. Jamaica Producers climbed 60 cents to close at $23.10 with an exchange of 19,581 shares. 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.
In the preference segment, 138 Student Living Preference share dropped 69 cents in ending at $5.20, with 359 shares changing hands.

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

Proven dominates JSE US$ market

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 Proven Investments were exchanged.
Traded ended with the prices of one stock rising one declining and one closing unchanged. Trading ended with 2,160,753 shares at US$235,284 changing hands, in contrast to 57,099 units at US$9,471 on Monday.
At the close, the market declined by 7.20 points to 181.56. The PE ratio of the market closed with an average of 13 times IC Insider.com projected 2020 earnings.
At the close of the market, Proven Investments fell 0.99 of a cent after exchanging 2,157,865 shares to close at 23 US cents. Trans Jamaican Highway ended at 0.99 of a US cent, after trading 2,810 units and in the preference segment, JMMB Group 6% preference share gained 2 cents, in trading just 78 stock units to close at US$1.01.

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

NCB Financial leads JSE trading again

NCB Financial Group traded 3.9 million shares following 7 million on Wednesday on the JSE.

NCB Financial led trading on the Main Market of the Jamaica Stock Exchange for a second consecutive day, resulting in the first time in months that Trans Jamaican Highway, Wigton Windfarm, Sagicor Select Financial Fund nor QWI Investments are not in the top three.
At the close of trading on Thursday, NCB Financial Group led the market with 3.9 million shares for 28 percent of total volume followed by Wisynco Group with 1.8 million units for 12.6 percent of the day’s trade and Jamaica Broilers with 1.6 million units for 11.3 percent of the market’s volume. Other stocks trading more than one million units were Sagicor Select Financial Fund with 1.5 million shares and Trans Jamaican Highway with 1.1 million units.
At the close, the two primary market indices were rising for the second day and ended, with the JSE All Jamaican Composite Index advanced by 1,259.54 points to 418,737.22, the JSE Market Index stepped 1,140.30 points up to 381,866.12 and the JSE Financial Index lost 0.10 points to 99.74. The PE ratio of the market ended at 14.8, while the Main Market ended at 15.2 times ICInsider.com projected 2020-21 earnings.
The market closed with 43 securities changing hands in the Main and US dollar markets with prices of 23 stocks advancing, 12 declining and eight securities trading firm. 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.
The average security trading on Tuesday amounted to 340,819 units at $16,494,967, in contrast to 540,327 units valued at an average of $28,619,698 on Wednesday. The average volume and value for the month to date amount to 413,144 units valued at $7,321,574 for each security changing hands, compared to 418,319 units with an average of $6,613,270. Trading in May resulted in an average of 475,543 units valued 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 thirteen stocks ending with bids higher than their last selling prices and seven stocks closing with lower offers.
In the Main Market, Barita Investments gained of $1 to close at $50, with the transfer of 1,368 units, Caribbean Cement gained 47 cents trading 7,814 stock unit to finish at $50, First Rock Capital climbed $1.29 to $15.40, in swapping a mere one share. Grace Kennedy picked up 49 cents to settle at $57.99, with an exchange of 309,861 units, Jamaica Broilers jumped $2.94 to $29.54, after the transfer of 1,576,821 shares, Jamaica Producers rose 50 cents to end at $21, in swapping 13,115 units. 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.

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

Investors shun JSE US dollar market?

Investors seem to have shunned the Jamaica Stock Exchange US dollar market on Thursday, with trading in only two securities, compared to five on Wednesday, although the total the volume of stocks traded rose to than twice that on Wednesday. At the same time, the value fell to a third.
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 market index gained 1.90 points to close at 188.76 and the PE ratio of the market closed with an average of 13.1 times IC Insider.com projected 2020 earnings.
At the close of market activity, Proven Investments gained 0.53 of a US cent in exchanging 31,331 stock units and closed at 23.99 US cents and Trans Jamaican Highway closed at 0.99 of a US cent trading 203,953 shares.

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

Big rise in activity on JSE main market

The Main Market of the Jamaica Stock Exchange closed trading on Wednesday with a significant surge in the value of stocks crossing through the market and a sharp rise in the market index as investors exchanged an increased volume of shares.
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 market closed with 42 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 19 declining and seven securities trading firm. The JSE Main Market activity ended with 37 securities accounting for 19,992,087 units valued at $1,058,928,831, in contrast to 16,817,335 units valued at $94,091,208 from 40 securities on Tuesday.
NCB Financial Group led trading with 7 million shares for 35 percent of total volume followed by Sagicor Select Financial Fund with 5.95 million units for 30 percent of the day’s trade and Trans Jamaican Highway with 2.06 million units for 10.3 percent market share.
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.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows fifteen stocks ending with bids higher than their last selling prices and five stocks closing with lower offers.
In the Main Market, Barita Investments gave up $1 and closed at $49 after trading 5,985 units, Berger Paints gained 40 cents, transferring 22,661 stock units to end at $12.44, Caribbean Cement closed $1.37 lower at $49.60, with 2,717 units changing hands. Eppley Caribbean Property Fund added 59 cents in swapping 540 units to end at $41.10, First Rock Capital fell $1.64 to $14.11, trading 4,097 units, Grace Kennedy shed 49 cents exchanging 24,545 stock units and closed at $57.50. 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.

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

Volume rises on JSE US$ market

Trading remained subdued on the Jamaica Stock Exchange US dollar market on Wednesday as investors exchanged just over 100,000 stocks as market activity resulted in five securities changing hands, similar to Tuesday.
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 market declined by 1.93 points to 186.86. The PE ratio of the market closed with an average of 13 times IC Insider.com projected 2020 earnings.
At the close of market activity, First Rock Capital lost 1.15 cents in trading 8,000 stock units at 9.35 US cents, Margaritaville exchanged 1,106 units at 18 US cents, Proven Investments fell 1.44 cents after exchanging 74,433 units and closed at 23.46 US cents and Trans Jamaican Highway ended at 0.99 of a US cent, after trading 8,662 units.
In the preference segment, JMMB Group 6% preference share traded 10,000 stock units and lost a fraction of a cent to close at 99 US cents.

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

JSE Main Market slips back on Tuesday

The Main Market of the Jamaica Stock Exchange ended with losses to the primary market indices on Tuesday as trading levels rose over Monday’s levels but remained subnormal, with less $100 million exchanged between investors.
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 market closed with 45 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 17 declining and 12 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 16,817,335 units for $94,091,208, in contrast to 16,453,963 units valued at $79,166,239 from 41 securities on Monday.
Wigton Windfarm led trading with 11.3 million shares for 67 percent of total volume, followed by Carreras with 1.5 million units for 9 percent of the day’s trade and Trans Jamaican Highway with 827,574 units for 4.9 percent market share.
Securities on Tuesday traded an average of 420,433 units at $2,352,280, in contrast to 401,316 units at an average of $1,930,884 on Monday. 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.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows sixteen stocks ending with bids higher than their last selling prices and four stocks closing with lower offers.
In the Main Market, Eppley closed 60 cents higher at $16.90, trading 1,181 units, Eppley Caribbean Property Fund gained 51 cents exchanging 500 units and settled at $40.51, Jamaica Broilers advanced by $1 to $28, with 22,555 stock units changing hands. Jamaica Producers fell $1.37 to $20.58, in transferring 763,011 shares, 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.

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

Volume down JSE US$ market prices up

Trading remained subdued on the Jamaica Stock Exchange US dollar market on Tuesday as stocks crossing the exchange fell to just 13 percent of Monday’s volume.

Proven Investments gained the most on the market.

Trading activity resulted in five securities changing hands, compared to four on Monday. Traded ended with the prices of three stocks advancing and two closing unchanged. Trading ended with 57,099 shares at US$26,170 changing hands, in contrast to 442,807 shares at US$25,355 on Monday.
At the close, the market added 1.15 points to 188.79. The PE ratio of the market closed with an average of 13.3 times IC Insider.com projected 2020 earnings.
At the close of market activity, First Rock Capital transferred 25,000 stock units at 10.5 US cents, Proven Investments rose 1.9 cents, exchanging 13.930 units and closed at 24.9 US cents. Sygnus Credit Investments gained one-tenth of a cent to end at 13.1 US cents, with 799 units changing hands and Trans Jamaican Highway ended at 0.99 of a US cent, after adding one-tenth of a cent in trading 7,370 units.
In the preference segment, JMMB Group 5.75% preference share traded 10,000 stock units at US$2.01.

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