The volume of stocks trading climbed 20 percent above Tuesday’s level but with 51 percent less dollars chasing stocks, with Ciboney accounting for a third of the volume and hitting a new multi-year high, in continuation of an extraordinary run for the stock in recent weeks, after the Jamaica Stock Exchange Main Market resumed activity on Thursday, following the closure for the Ash Wednesday holiday.
Ciboney traded at a new 52 weeks’ high of $1.03.
The All Jamaican Composite Index rose 530.13 points to close at 429,893.90, the Main Index advanced 648.27 points to 392,156.46 and the JSE Financial Index lost 0.14 points to close at 100.15.
Trading ended with 49 securities changing hands, up from 45 on Tuesday and closed with prices of 17 stocks rising, 21 declining and 11 remaining unchanged.
The PE Ratio averages 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 11,779,247 shares for $46,765,256 versus 9,841,467 units at $95,818,004 on Tuesday. Ciboney led trading with 32.3 percent of total volume, after an exchange of 3.8 million shares at a new multi-year high of $1.03 and closing with the bid at $1.07. Transjamaican Highway followed with 14.6 percent for 1.72 million units, Sagicor Select Financial Fund 14.5 percent with 1.70 million units changing hands and QWI Investments accounted for 9.3 percent of volume traded with 1.1 million units.
Trading for the day averaged 240,393 units at $954,393 for each security, compared to an average of 218,699 units at $2,129,289 on Tuesday. Month to date averages 399,327 units at $2,608,760 for each security, in contrast to 413,643 units at $2,752,324 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has 14 stocks ending with bids higher than their last selling prices and one with a lower offer.
At the 1 PM close, Berger Paints fell 88 cents to $13.01 with 9,279 stocks traded, Caribbean Cement shed $1.49 to finish at $61.50, with 3,874 units changing hands. Carreras lost 25 cents to end at $7, after exchanging 901,960 shares, Eppley climbed $1.72 to $24.70, with 12,456 stock units clearing the market, First Rock fell 50 cents to $15.50 with investors swapping 18,565 stocks. Grace Kennedy fell $2 to $77 with 33,896 units changing hands, Jamaica Producers dipped 33 cents to $20.01 with 2,694 shares traded, Kingston Wharves jumped $3 to $48, with an exchange of 2,609 stock units. Mayberry Equities advanced 60 cents to $7.20 with a transfer of 500 stocks, MPC Caribbean Energy jumped $20.99 to $156 with 500 shares traded. NCB Financial gained 50 cents to close at $140 with 51,047 stocks changing hands, 138 Student Living dipped 35 cents to $5.05 with a transfer of 5,317 shares, Palace Amusement dropped $92.99 to $907 with an exchange of 37 units, Portland JSX climbed 39 cents to $8.40 with 6,360 shares trading. 
Proven Investments increased $1.49 to $37.99 with 600 stocks traded, Sagicor Group shed $1.70 in closing at $50 with 50,015 units changing hands, Seprod gained $2 to settle at $69 with an exchange of 29,388 stock units. Sygnus Credit Investments rose 35 cents to $14.90, trading 54,293 units and Victoria Mutual Investments advanced 27 cents to $5.80 with 139,146 shares crossing the exchange.
In the preference segment, Eppley 8.25% fell by 85 cents to $6.50 with 24,003 units changing hands and Eppley 8.75% lost 40 cents to $7 with an exchange of 2,003 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index fell 686.84 points to 429,363.77, the Main Index lost 618.66 points to 391,508.19 and the JSE Financial Index rose 0.43 points to 100.29.
Trading averaged 218,699 units at $2,129,289, compared to 468,946 shares at $2,041,431 on Monday. The month to date averaged 413,643 units at $2,752,324, close to the average of 431,223 units at $2,808,510 on Monday. Trading in January closed with an average of 311,275 units at $1,432,133.
Proven Investments slipped $1.48 to $36.50 trading 1,513 units, Radio Jamaica gained 6 cents to close at $1.56 with the swapping of 554,673 shares, after traded as high as $1.80 during the morning session. Sagicor Group rose 70 cents to $51.70, with 18,406 stocks clearing the market. Scotia Group finished 97 cents lower at $42, after 18,751 shares crossing the market and Seprod gained $1 to end at $67, in an exchange of 14,613 units.
The two main market indices are now down less than a percent for the year to date, as the All Jamaican Composite Index gained 2,037.03 points to end at 430,050.61, the Main Index rose 1,848.31 points to 392,126.85 and the JSE Financial Index added 0.50 points to settle at 99.86.
Trading for the day averaged 468,946 units at $2,041,431, compared to 333,659 shares at $5,013,961 on Friday. The month to date averages 431,223 units at $2,808,510 for each security, in contrast to 427,484 units at $2,884,542 on Friday. Trading in January averaged 311,275 units at $1,432,133.
Scotia Group gained 47 cents to end at $42.97, with 52,903 shares changing hands, Seprod dropped $4 to close at $66 with 18,360 stock units changing hands, Supreme Ventures gained 50 cents to end $16, after 38,681 stocks crossed the market. Sygnus Credit Investments shed $1.25 to $14.50, in exchanging 383,772 stock units and Victoria Mutual Investments lost 28 cents to settle at $5.51 and to transfer 139,505 shares.
At the close, the All Jamaican Composite Index climbed 4,748.93 points to 428,013.58, the Main Index advanced by 4,304.89 points to 390,278.54 and the JSE Financial Index gained 0.88 points to close at 99.36.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and two with lower offers.
Stanley Motta gained 45 cents to settle at $5.35 exchanging 945,893 stocks, Supreme Ventures slipped 50 cents to end at $15.50, in switching owners for 96,790 stock units, Sygnus Credit Investments gained 55 cents to finish at $15.75 trading 55,266 shares. Victoria Mutual Investments rose 28 cents to $5.79, with 113,332 units changing hands and Wisynco Group gained 36 cents in ending at $16.35, trading 108,260 stock units.
At the close, the All Jamaican Composite Index declined by 2,490.53 points to 423,264.65, the Main Index shed 2,253.82 points to 385,973.65 and the JSE Financial Index gained 0.19 points to settle at 98.48.
Trading for the day averaged 335,050 units at $2,547,549, down from 911,229 shares at $5,003,803 on Wednesday. The month to date averaged 437,301 units at $2,661,756, in contrast to 449,559 units at $2,675,448 on Wednesday. Trading in January averaged 311,275 units at $1,432,133.
Salada Foods rose 90 cents to end at $40.90 with 4,399 stock units changing hands, Scotia Group fell $1.50 to $42.50 after exchanging 147,223 stocks, Seprod declined by $1.01 to $65.01 trading 16,487 stocks. Supreme Ventures slid $1.10 to $16, in transferring 113,376 stock units and Victoria Mutual Investments lost 28 cents to close at $5.51 after crossing the market with 6,600 shares.
Trading for the day averaged 911,229 units at $5,003,803, compared to 379,495 shares at $1,819,819 on Tuesday. The month to date averaged 449,559 units at $2,675,448, in contrast to 380,091 units at $2,325,100 on the prior trading day. Trading in January averaged 311,275 units at $1,432,133.
QWI Investments gained 10 cents in closing at a 52 weeks’ high of $1.20 in an exchange of 2,464,374 units, Sagicor Group gained $1.25 to close at $50.25 exchanging 5,218 stocks, Salada Foods declined by $3.90 to settle at $40 trading 118,884 shares and Seprod lost $2.20 and closed at $66.02, after exchanging 18,328 stocks.
The All Jamaican Composite Index plunged 6,111.53 points to close at 422,532.67, the Main Index dived 5,742.57 points to 385,325.02, and the JSE Financial Index shed 1.79 points to settle at 98.30.
Investor’s Choice bid-offer indicator shows twelve stocks ending with bids higher than their last selling prices and five with lower offers.
Sagicor Group fell by $1 to $49 trading 18,525 stock units, Sagicor Real Estate Fund shed 29 cents to close at $8, with the swapping of 7,685 shares. Salada Foods slipped 34 cents to $43.90, in trading 27,112 stocks, Seprod slid $1.78 to $68.22, with 30,235 stock units changing hands, Stanley Motta settled at $4.95, with a loss of 40 cents trading 24,000 stock units. Supreme Ventures gained 25 cents in closing at $17, after the transfer of 56,294 units and Victoria Mutual Investments fell 5 cents to close at $5.75 trading 20,428 shares.
At the close, the All Jamaican Composite Index rose 399.84 points to 428,644.20, the Main Index advanced by 590.88 points to 391,067.59 and the JSE Financial Index gained 0.10 points to settle at 100.09.
Trading averaged 303,809 units at $1,964,503, compared to 198,902 shares at $2,111,859 on Friday. Month to date averages 380,187 units at $2,405,945, in contrast to 396,747 units at $2,501,656 on the prior trading day. Trading in January averaged 311,275 units at $1,432,133.
Sagicor Group fell by $2 to $50, with 14,927 shares crossing the market, Salada Foods dropped $5.66 to $44.24, with an exchange of 20,124 units. Scotia Group rose $1 to $44, with the swapping of 7,875 shares, Seprod shed $1.51 to end at $70, after exchanging 6,708 shares, Supreme Ventures slid 65 cents to $16.75, with 44,266 stock units crossing the market
The market index closed just under 2,800 points, on Friday with a 5.8 percent gain for the year to date.
Lasco Distributors earnings were also adjusted down, with the release of the nine months results showing earnings per share of 21 cents and 7 cents for the December quarter, putting the full-year numbers at 30 cents per share.
The current TOP 10 report is based on earnings for 2020/21 as there are substantial gains ahead, for many stocks in the listings.
Main Market TOP 10 stocks trade at a PE of 9.1 or 48 percent of the PE of that market.
Trading for the day averaged 198,902 units at $2,111,858, compared to 282,397 shares at $1,403,688 on Thursday. The month to date averaged 396,747 units at $2,501,656, in contrast to 445,935 units at $2,598,567 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Salada Foods advanced by $3.90 in closing at $49.90, with 28,895 units changing hands, Seprod rose 51 cents to $71.51 trading 20,987 stock units, Supreme Ventures gained 50 cents to end at $17.40, with 4,427 units crossing the market and Sygnus Credit Investments picked up 34 cents to settle at $15.09, in an exchange of 77,107 shares.