Trading on the US dollar Market dipped on Monday bellows Friday’s moderate levels of less than one million shares resulting from four securities changing hands, compared to three on Friday.
The market closed with the prices of two stocks advancing and two declining. Trading ended with 442,807 shares with a value of US$25,355 changing hands, in contrast to 701,862 shares at US$78,028 on Friday.
At the close, the market gained 0.87 points to 187.64. 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 rose half a cent to 10.5 US cents, in exchanging 92,000 shares, Proven Investments closed at 23 US cents, after falling nine-tenth of a cent, after trading 52,965 stock units. Sterling Investments picked up four-tenths of a cent to end at 2.3 US cents in swapping 7,504 units and Trans Jamaican Highway lost one-tenth of a cent after transferring 290,338 shares to close at 0.91 of a US cent.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the JSE All Jamaican Composite Index declined by 2,426.04 points to 413,307.03, the JSE Market Index dropped 2,201.27 points to 376,914.67 and the JSE Financial Index shed 0.97 points to 97.99. The PE ratio of the market ended at 14.7, while the Main Market ended at 15.1 times IC Insider.com projected 2020-21 earnings.
Securities trading on Monday, averaged 401,316 units at $1,930,884, in contrast to 576,109 units valued at an average of $4,671,864 on Friday. The average volume and value for the month to date amount to 409,048 units valued at $5,195,213 for each security changing hands, compared to 409,744 units with an average value of $5,519,274. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
Jamaica Stock Exchange rose 50 cents after transferring 47,598 stock units to settle at $23, Kingston Wharves climbed $1.98 to $58.98, in trading 19,979 units, Mayberry Investments closed at $5.70, with gains of 38 cents and 8,103 units changing hands. MPC Caribbean Clean Energy advanced $1 to $170, after exchanging just four units, Palace Amusement closed $200 lower at $1,700, with 37 units crossing the exchange, PanJam Investment dropped $1 trading 12,304 units to finish at $74. Portland JSX traded 9,000 units at 7.90, after losing 53 cents, Proven Investments advanced by $1.28 to $35.98, with 39,763 stock units changing hands, Sagicor Group closed 30 cents higher at $46.50 trading 19,744 units. Salada Foods gained 51 cents transferring 150 units to settle at $26.51, Scotia Group lost $1 to end at $44, in swapping 73,374 shares and Wisynco Group shed 30 cents transferring 375,093 shares and closed at $17.50.
Other stocks trading more than one million units are Carreras with 1.1 million units and Grace Kennedy with 1.6 million shares.
Caribbean Cement gained 30 cents swapping 38,277 stock units and closed at $49.50. Eppley Caribbean Property Fund ended at $40, with gains of 50 cents with 4,184 units changing hands, Jamaica Stock Exchange lost 52 cents and settled at $22.50, after trading 223,160 shares, MPC Caribbean Clean Energy declined by $1 to $169, with 550 units crossing the exchange. NCB Financial Group fell $1.59 to $142, having swapped 194,677 stock units, Proven Investments climbed $2.70 to $34.70, in transferring 41,066 shares, Sagicor Real Estate Fund closed $1 higher at $8 trading 206,150 shares. Scotia Group rose $1.80, exchanging 151,670 shares to end at $45 and Sygnus Credit Investments closed 45 cents higher at $17.45, after a swap of 6,818 units.
At the close, the JSE All Jamaican Composite Index climbed 2,590.28 points to 415,371.58, the JSE Market Index gained 2,375.74 points to 378,773.43 and the JSE Financial Index gained 1.09 points to 98.77. The PE ratio of the market ended at 14.6, with the Main Market ending at 14.9 times IC Insider.com projected 2020-21 earnings.
The average security trading on Thursday amounted to 275,373 units at $6,748,280, in contrast to 192,661 units valued at an average of $2,181,619 on Wednesday. The average volume and value for the month to date amount to 393,268 units valued at $5,612,672 for each security changing hands, compared to 405,183 units with an average of $5,483,471. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
Jamaica Producers lost 80 cents closing at $21.05, after swapping 113,603 units, Jamaica Stock Exchange fell 91 cents to $23.02, with an exchange of 7,261 units, Kingston Wharves closed rose $1.04 to $57, after 4,399 units changed hands. MPC Caribbean Clean Energy climbed $11 trading just one stock unit at $170, NCB Financial Group rose $3.59 to close at $143.59, with 258,736 shares crossing the exchange, Proven Investments declined by $1.65 to $32, in exchanging 64,206 stock units. Sagicor Real Estate Fund lost 75 cents and closed at $7, after transferring 155,396 shares, Scotia Group dropped $3.99 to finish at $43.20, after trading 421,231 shares and Seprod fell 60 cents to $53, in transferring 94,887 shares.
Trading levels jumped on as three securities changed hands, compared to four stocks trading on Wednesday as investors picked up 2.4 million of Proven Investments shares.
Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
138 Student Living closed at $6.01, after losing 59 cents trading 25,884 stock units. Palace Amusement gained $199 in swapping two stock units and closed at $1,900, Pan Jam Investment ended at $74.95, with gains of 95 cents after transferring 4,919 units, Proven Investments declined by $3.35 to end at $33.65, in exchanging 1,726 units. Sagicor Group added $1.50 to end at $46, with 64,238 stock units changing hands, Scotia Group shed 76 cents to finish at $47.19, after trading 52,931 stock units, Seprod fell by $1.19 to $53.60, in transferring 15,839 units and Sygnus Credit Investments ended the day at $16.80, with a loss of 64 cents in exchanging 12,826 units.
At the close of trading, the JSE All Jamaican Composite Index fell by 558.44 points to 415,364.32, the JSE Market Index shed 505.53 points to 378,739.47 and the JSE Financial Index gained 0.03 points to end at 99.04. The PE ratio of the market ended at 14.8, while the Main Market ended at 15.1 times 2020-21 earnings.
The average security trading on Thursday amounted to 242,868 units valued at $2,794,626, in contrast to 408,628 units valued at an average of $7,102,646 on Monday. The average volume and value for the month to date amount to 429,778 units valued at $5,919,987 for each security changing hands, compared to 454,239 units with an average value of $6,396,116. Trading in May resulted in an average of 475,543 units valued at $3,077,280 for each security.
Mayberry Investments lost 40 cents to close at $5.50, with the transfer of 127,000 shares, NCB Financial Group advanced by $4.75 to $144.75, with 152,989 stock units changing hands, Palace Amusement ended $499 lower at $1,701 with 48 units crossing the exchange. Proven Investments added $1.60 trading 57,251 stock units and closed at $37, Sagicor Group gained 50 cents to end at $44.50, in transferring 19,054 units, Salada Foods dived $3.01 after exchanging 3,463 stock units to settle at $26. Scotia Group closed $1.87 higher at $47.95, with 712,104 shares crossing the market, Seprod advanced $1.23 to $54.79, with 124,459 shares changing hands and Supreme Ventures ended at $15.50, after gaining 54 cents in trading 85,516 stock units.
The market closed with the price of one declining and three remaining unchanged. Trading ended with 638,054 shares with a value of US$127,752 changing hands, in contrast to 1,287,024, shares with a value of US$713,238 on Monday.