The Main Market of the Jamaica Stock Exchange gave back some of the gains at the end of May, with NCB Financial falling back in price. The market closed with rising stocks outpaced those declining on Monday, but the IC bid-offer Indicator points to positive trading on Tuesday.
At the close, the JSE All Jamaican Composite Index dived by 3,543.96 points to 417,303.69, the JSE Market Index dropped 3,208.18 points to 380,441.80 and the JSE Financial Index shed 1.35 points to 99.45.
The market closed with 45 securities changing hands in the Main and US dollar markets with prices of 22 stocks advancing, 16 declining and seven securities closing with prices unchanged. The JSE Main Market activity ended with 41 securities accounting for 23,529,489 units valued at $145,262,959, in contrast to 109,379,530 units valued at $203,610,322 from 45 securities on Friday.
Wigton Windfarm led trading with 6 million shares for 25.3 percent of total volume, followed by Carreras with 5.3 million units for 22.4 percent of the day’s trade and Sagicor Select Financial Fund with 3.8 million units for 16.3 percent market share. Other stocks trading over a million units were 138 Student Living with 2.9 million units and Trans Jamaican Highway with 3.2 million shares.
The average stock trading was 573,890 units at $3,542,999 for each security traded, in contrast to 2,430,656 units valued at an average of $4,524,674 on Friday. 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 twelve stocks ending with bids higher than their last selling prices and four stocks closing with lower offers. The PE ratio of the market ended at 14.5, while the Main Market ended at 14.7 times 2020-21 earnings.
In the Main Market, Barita Investments gained 59 cents to close at $50.99, with an exchange of a mere 649 units, Berger Paints fell by 48 cents trading 14,830 stock units to settle at $13.52, Eppley declined by $2.49 to $15.50, in swapping 5,000 units. First Rock Capital closed 90 cents higher at $13.50, with a transfer of 4,336 units, Jamaica Producers picked up 95 cents exchanging 17,024 stock units and closed at $21.05, Kingston Wharves ended 89 cents lower at $57.10, after transferring 9,484 units. Mayberry Investments rose 33 cents to $5.93, with 4,543 units changing hands, Mayberry Jamaican Equities shed 50 cents trading 2,050 units to end at $9.50, 
NCB Financial Group sustained a loss of $8 in transferring 224,350 shares and closed at $140. Palace Amusement picked up $1 to close at $1,101 in an exchange of just nine units, Proven Investments closed at $34.50, with a loss of 45 cents and trading 9,813 units, Sagicor Group finished 50 cents lower at $46, after swapping 142,269 shares. Sagicor Real Estate Fund ended at $7.50, with a loss of 44 cents in exchanging 1,420 units, Salada Foods added 50 cents transferring one stock unit and settled at $29.50. Stanley Motta fell 50 cents to $5, after trading 4,500 shares, Supreme Ventures closed 39 cents higher at $15.19, in an exchange of 103,922 units and Victoria Mutual Investments gains 65 cents and ended at $7.95, with 162,480 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Market activity resulted in four securities changing hands and ended with one declining and three closing unchanged. Investors traded 663,563 units valued at over US$69,954, in contrast to 105,523 units for US$10,755 on Friday.
At the close, the JSE All Jamaican Composite Index climbed 4,018.59 points to 420,847.85, the JSE Market Index advanced 3,762.78 points to 383,649.98 and the JSE Financial Index gained 1.12 points to 100.80. The PE ratio of the market ended at 14.5, while the Main Market ended at 14.8 times 2020-21 earnings.
The average trade for the day was 2,430,656 units at $4,524,674 for each security traded, in contrast to 537,645 units at an average of $4,192,993 on Thursday. The average volume and value for the month to date ended at 475,543 units at $3,077,280 for each security changing hands, compared to 369,670 units with an average of $2,994,834. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
Jamaica Stock Exchange gained $1.57 and ended at $22.57, exchanging 105,212 shares, Kingston Properties dropped $1.50 to finish at $4.80, after swapping 40,000 stock units, Kingston Wharves climbed $2.99 to $57.99 transferring 9,590 units. Mayberry Investments lost 40 cents to end at $5.60 trading 14,908 units, Palace Amusement shed another $100 to close at $1,100, in an exchange of 83 units, Salada Foods gained 50 cents swapping 191,208 shares and closed at $29. Scotia Group advanced by $1 to $46, with 17,902 stock units changing hands, Stanley Motta picked up 80 cents to settle at $5.50, after transferring 31,500 stock units, Supreme Ventures gained 30 cents exchanging 40,864 stock units and closed at $14.80 and Sygnus Credit Investments ended trading at $17.32, after rising 36 cents and swapping 7,512 units.
The US dollar market activity resulted in four securities changing hands, down from six on Thursday and ended with one declining and three stock closing unchanged. Investors traded 105,523 units at US$10,755, in contrast to 232,148 units for US$6,140 on Thursday.
At the close, the JSE All Jamaican Composite Index declined by 1,262.37 points to 416,829.26, the JSE Market Index fell 1,326.12 points to 379,887.20 and the JSE Financial Index lost 0.90 points to 99.68. The PE ratio of the market ended at 14.4, while the Main Market ended at 14.6 times 2020-21 earnings.
The average trade for the day was 537,645 units at $4,192,993 each, in contrast to 419,045 units for $3,608,829 on Wednesday. The average volume and value for the month to date amount to 369,670 units valued at $2,994,834 for each security changing hands, compared to 361,176 units with an average value of $2,930,932. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
MPC Caribbean Clean Energy tumbled $16 to $160 trading 1,501 units, NCB Financial Group climbed $1.01 to end at $148, with 476,923 shares changing hands. 138 Student Living gained 81 cents and transferred 71,160 stock units in closing at $7.50, Palace Amusement dived $100 to end at $1,200 trading 144 units, Sagicor Group rose 39 cents to $46.40 exchanging 34,761 stock units. Sagicor Real Estate Fund added 84 cents to finish at $7.94, with 600 units changing hands, Seprod climbed $1.39 to close at $54.95, in trading 141,419 shares and Supreme Ventures slid $1.20 transferring 1,674,041 shares and closed at $14.50.
At the close of market activity, six securities changed hands, down from five on Wednesday. Trading ended with the prices of two stocks rising, one declining and three remaining unchanged. Just 232,148 shares changed hands at US$6,140, in contrast to 253,911 units for US$25,811 on Wednesday.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
NCB Financial Group slipped 50 cents to end at $146.99, after swapping 318,361 shares, Palace Amusement advanced $100 to end at $1,300 while trading 80 units. PanJam Investment closed at $75.01, with a loss of 74 cents after exchanging 34,676 stock units, Proven Investments fell 99 cents to finish at $35, in swapping 26,455 stock units, Sagicor Real Estate Fund ended 84 cents lower at $7.10, with 105,300 shares changing hands. Salada Foods declined $1.50 to $28.50 after 15,492 stock units changed hands, Seprod lost 44 cents to close at $53.56, in trading 51,316 stock units, Stanley Motta finished at $4.70, having lost 35 cents in swapping 12,264 units. Supreme Ventures ended at $15.70, with a rise of 70 cents in exchanging 645,967 shares and Sygnus Credit Investments gained 79 cents with 38,427 stock units crossing the exchange and closed at $16.99.
Market activity resulted in five securities changing hands, with three declining and two remained unchanged. The volume of shares traded was 253,911 units with a value of US$25,811, in contrast to 159,533 units for US$23,544 from three securities changing hands on Monday.
At the close, the JSE All Jamaican Composite Index advanced by 6,794.20 points to 420,824.34, the JSE Market Index climbed 6,322.58 points to 383,687.12 and the JSE Financial Index gained 1.80 points to 100.87.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
NCB Financial Group slipped to $147.49, with a loss of 51 cents with 321,990 shares changing hands, 138 Student Living closed 31 cents lower at $6.69, after exchanging 408 units, Palace Amusement declined by $100 to end at $1,200, with a transfer of just 10 units. Proven Investments closed 51 cents lower at $35.99, transferring 12,181 stock units, Sagicor Group rose 80 cents to $45.80, with 36,265 stock units changing hands, Salada Foods advanced by $4 to $30 trading only one unit. Scotia Group fell by $2.21 to $44.79, in transferring 40,568 stock units, Seprod gained $1 to end at $54, in exchanging 36,296 stock units and Supreme Ventures ended 95 cents lower at $15, with 572,803 shares crossing the exchange.
Market activity ended, with the price of one stock rising, one declining and one remaining unchanged. Trading resulted in the exchange of 159,533 units with a value of US$23,544, in contrast to 57,581 units for US$12,255 from seven securities changing hands on Friday.