Trading on the Main Market of Jamaica Stock exchange closed with a rise in the market indices as the volume and value of stock trading declined below Friday’s levels.
At the close, the JSE All Jamaican Composite Index advanced 2,805.56 points to close at 536,338.30, the JSE Market Index gained 2,384.71 points to 488,257.67, but the JSE Financial Index lost 0.01 point to 132.16.
The market closed, with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 15 declining and 9 trading firm. The JSE Main Market activity ended with 40 securities accounting for 19,925,654 units valued at $93,234,047 in contrast to 25,935,878 units valued at $106,383,024 from 41 securities on Friday.
Sagicor Select Financial Fund led trading with 7.4 million shares for 37.3 percent of total volume. Wigton Windfarm followed with 4.95 million units for 25 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund closed with 2.2 million shares changing hands with 11.2 percent of the market’s volume. Other stocks trading more than one million units are Wisynco Group with 1.3 million units and JMMB 7.5% preference share close with 1 million trading at a 52 weeks’ low of 65 cents.
The Market closed with an average of 498,141 units valued at $2,330,851 for each security traded, in contrast to 632,582 units valued at an average of $2,594,708 on Friday. The average volume and value for the month to date amount to 669,236 units valued at $2,542,170 for each security changing hands, compared to 684,825 units valued at $2,563,408 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 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 two closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times the 2019 earnings.
In the prime market, Berger Paints closed at $17, with gains of 49 cents after exchanging 11,000 shares, Caribbean Cement lost 75 cents to end at $70, in transferring 57,763 shares, Grace Kennedy gained $2.50 to settle at $70.50, with 11,298 shares changing hands. Jamaica Producers closed $1.50 lower to $24.50 in swapping 13,023 shares, Jamaica Stock Exchange rose $1.97 to $32, trading 21,606 shares, JMMB Group ended at $45.55, after gaining $1.85 exchanging 249,600 shares. Kingston Wharves climbed $4.60 to $61.60, in transferring 10,534 units, Mayberry Jamaican Equities gained 70 cents trading 23,070 shares and closed at $9.70, MPC Caribbean Clean Energy nosedived to $150, after falling $30 with an exchange of 1,325 units. NCB Financial added $2 to settle at $187, in swapping 25,640 shares, 
PanJam Investment closed 34 cents higher at $99.37, with 21,924 shares changing hands, Proven Investments ended at $48, with gains of 75 cents trading 10,828 shares. Pulse Investments lost 60 cents to end at $11.50, in transferring 273,348 shares, Sagicor Group closed $2.17 higher to $69.69 while exchanging 16,358 shares, Seprod settled at $46, after a loss of 50 cents in transferring 27,670 shares, Stanley Motta lost 74 cents to close at $5.01 trading 18,913 units. Supreme Ventures advanced by $1.47 to $23.17, with 11,455 shares changing hands and Victoria Mutual Investments lost 40 cents to close at $10, with an exchange of 275,878 shares. In the preference segment, Productivity Business Solution lost $5 to close at $100, with 1,001,825 shares crossing the exchange.
Trading in the US dollar market ended with 1,597 units valued at over US$330. The market index rose 1.73 points to close at 230.63. Proven Investments gained half of 1 cent to close at 31 US cents after transferring 500 units and Sygnus Credit Investments exchanged 1,097 units at 16 US cents.
Prices of securities trading are those at which the last trade took place.
At the close of trading, the JSE All Jamaican Composite Index advanced 2,205.30 points to close at 533,532.74, the JSE Market Index added 2,005.08 points to 485,872.96 and the JSE Financial Index gained 0.85 points to 132.17.
one million units, ending the day’s trade with 1.1 million units.
NCB Financial gained 50 cents to settle at $185, in transferring 153,378 shares, PanJam Investment lost 97 cents to close at $99.03, with an exchange of 9,603 shares, Proven Investments ended at $47.25, with a loss of $1.25 with 13,725 shares changing hands. Pulse Investments climbed $2.12 to close at a 52 weeks’ high of $12.10, in transferring 435,669 shares, Sagicor Group declined $1.23 to $67.52 while trading 22,052 shares, Salada Foods gained $3 to end at $35, in an exchange of 144 units, Seprod closed 49 cents lower to $46.50, with 78,103 shares changing hands. Stanley Motta swapped 269,383 shares at $5.75, after gaining 75 cents, Sygnus Credit Investments added 50 cents to close at $24.50, in transferring 10,080 shares and Wisynco Group ended 50 cents lower at $22.50, with an exchange of 180,962 shares.
Thursday’s gains were only the second day since February started that the Main Market indices recorded gains. The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 17 declining and 7 trading firm. The JSE Main Market activity ended with 40 securities accounting for 32,214,496 units valued at $74,997,715 in contrast to 47,859,089 units valued at $86,800,194 from 42 securities on Wednesday.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times the 2019 earnings.
NCB Financial settled at $184.50, with a loss of 50 cents transferring 49,078 shares, Pulse Investments ended $1.08 higher to $9.98, with 285,756 shares changing hands, Sagicor Group closed at $68.75, losing $1.25 in trading 46,397 shares. Scotia Group gained 50 cents to end at $54, in transferring 86,072 units, Seprod closed 99 cents higher to $46.99, with 12,565 shares traded, Supreme Ventures ended at $21.70, after losing 30 cents exchanging 90,508 units. Sygnus Credit Investments gained 78 cents trading 24,120 units in closing at $24 and Wisynco Group ended the day’s trade 40 cents higher at $23, with 197,788 units changing hands.
At the close, the JSE All Jamaican Composite Index fell 624.98 points to close at 526,606.21, the JSE Market Index lost 565.71 points to 479,532.54 and the JSE Financial Index was unchanged at 130.62.
Proven Investments climbed $2.60 to $48.60, with 8,092 shares changing hands, Pulse Investments slid $1.10 to settle at $8.90 while transferring 62,885 shares, Sagicor Group gained $1 and advanced to $70, trading 121,142 stock units. Sagicor Real Estate Fund closed 30 cents higher at $9, in transferring 18,931 units, Stanley Motta dipped 50 cents to $5, with 29,253 shares traded. Supreme Ventures ended at $22, after gaining 45 cents and exchanging 32,493 units and Sygnus Credit Investments lost 94 cents exchanging 44,599 units and ending the day’s trade at $23.22. 138 Student Living preference share, lost 50 cents to close at a 52 weeks’ low of $5 while trading just 236 units.
Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
PanJam Investment closed at $98.50, after falling $2.45 and trading 6,213 stock units, Proven Investments lost $2 in closing at $46, after the swapping of just 1,064 shares. Pulse Investments added $1.50 to settle at a record high of $10 after the transfer of 202,971 shares, with the price hitting an intraday high of $10.59. Sagicor Real Estate Fund lost 30 cents to end at $8.70, with 32,919 units changing hands after trading at a 52 weeks’ intraday low of $7.50, Salada Foods climbed $2 to $32, with 90,090 shares traded and Seprod ended with an exchange of 15,557 shares at $45.75, after gaining 50 cents.
At the close, the JSE All Jamaican Composite Index declined 1,707.65 points to close at 530,322.08, the JSE Market Index fell 1,546.68 points to 482,876.34 and the JSE Financial Index lost 0.21 points to 130.75.
The average volume and value for the month to date amount to 600,720 units valued at $2,828,391 for each security changing hands compared to 715,931 units valued at $2,747,993 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
Pulse Investments ended at a 52 weeks’ high of $8.50, with gains of $1.50 with 335,014 shares changing hands, Sagicor Group closed $2.80 higher to end at $68.80, in swapping 35,213 shares. Sagicor Real Estate Fund lost 60 cents to end at $9 after trading 4,586 units, Scotia Group exchanged 944,499 shares at $53.45, after losing $1.05, Sygnus Credit Investments lost $1 to settle at $24, with 23,258 shares changing hands and Wisynco Group gained $1.09 to end at $22.65 trading 162,591shares.
The average volume and value for the month to date amount to 715,931 units valued at $2,747,993 for each security changing hands compared to 669,453 units valued at $2,538,839 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
Proven Investments slipped 80 cents to $46.20, trading 11,741 units, Pulse Investments closed at $7, losing 50 cents after hitting a record high of $8.50 with a transfer of 76,200 shares. Sagicor Group closed 50 cents lower to end at $66, with 51,954 shares changing hands, Sagicor Real Estate Fund ended 60 cents higher at $9.60 after trading 600 units, Scotia Group transferred 1,208,696 shares to close at $54.50, after gaining $1.50. Sygnus Credit Investments closed 50 cents higher to end at $25, with 13,607 shares changing hands and Wisynco Group shed 94 cents to end at $21.56, in swapping 339,994 shares.
At the close of trading, JSE Financial Index lost just 0.18 points to close at 131.54, a reflection that stocks in this segment of the market remain relatively stable on Thursday.
The average volume and value for the month to date amount to 669,453 units valued at $2,538,839 for each security changing hands compared to 489,068 units valued at 2,376,829 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
Pulse Investments closed at $7.50, climbing $1.50 after a transfer of 510,319 shares, Sagicor Group gained 50 cents to end at $66.50, with 23,173 shares crossing the market. Scotia Group dropped $1.50 after trading 150,064 shares to close at $53, Stanley Motta rose 70 cents to $5.75 trading 6,768 shares and Sygnus Credit Investments lost $1 to end at $24.50, with 29,744 shares changing hands.
At the close of the market on Wednesday, the JSE All Jamaican Composite Index dived 6,722.84 points to close at 533,349.31, the JSE Market Index declined 6,069.73 points to 485,719.72 and the JSE Financial Index fell 1.22 points to 131.72. At the close, and Portland JSX closed at 52 weeks’ high while 138 Student Living traded at a 52 weeks’ intraday high of $6 and QWI investments closed at a 52 weeks’ low of 88 cents.
The average volume and value for the month to date amount to 489,068 units valued at 2,376,829 for each security changing hands compared to 600,940 units valued at 1,856,625 for each security traded. Trading in January resulted in an average of 626,134 units valued at $3,511,981 for each security.
PanJam Investment closed $1 higher to $101, with 28,085 shares changing hands, Proven Investments dropped $4.50 to settle at $44.50, after trading 18,085 units. Sagicor Group fell by $1 to $66, in exchanging 23,432 shares, Sagicor Real Estate Fund lost 60 cents and closed at $9, after transferring 9,650 units, Salada Foods lost $1 to end at $30, with and exchange of 4,400 shares Scotia. Group moved 78,726 shares at $54.50, after falling $2.50, Seprod lost 93 cents to finish at $45.07 after a swap of 5,521 shares, Sygnus Credit Investments gained $1 to end at $25.50, with 47,837 shares changing hands. Victoria Mutual Investments closed at $10.27, with a loss of 67 cents while trading 188,182 shares and Wisynco Group lost 50 cents, transferring 70,723 units to end the day’s trading at $22.50.
At the close, the JSE All Jamaican Composite Index declined 4,862.18 points to close at 540,072.15, the JSE Market Index fell 4,352.68 points to 491,789.45 and the JSE Financial Index lost 0.45 points to 132.94.
Scotia Group transferred 4,797 units at $46, after losing $1, Seprod closed $1 lower at $46 after exchanging 4,797 shares. Supreme Ventures declined $1.35 to end at $21.60, in swapping 9,714 units, Sygnus Credit Investments shed $2 to $24.50, with 21,007 shares changing hands and Victoria Mutual Investments gained 84 cents to end at $10.94, in trading 106,620 shares.