Trading on the Main Market of the Jamaica Stock Exchange resulted in moderate gains for the two primary market indices on Monday as rising stocks edged out decliners after trading declined again following a sharp drop on Friday.
At the close of trading, the JSE All Jamaican Composite Index gained 930.77 points to 554,872.73, the JSE Market Index added 798.17 points to close at 505,039.87 and the JSE Financial Index dropped 1.19 points to 136.78.
The market closed, with 43 securities changing hands in the Main and US dollar markets, with 18 advancing, 16 declining and the prices of 9 stocks closed unchanged. JSE Main Market activity ended, with 39 securities accounting for 15,783,620 units for a consideration of $75,868,401.70, in contrast to 37,939,404 units with a consideration of $92,284,016, on Friday, from 41 securities changing hands.
Sagicor Select – Financial fund was the market leader with 3.7 million shares and 3 percent of the volume traded, closely followed by Sagicor Select – Manufacturing and Distribution fund with 3.5million shares and 22 percent of the day’s trade. JMMB Group rounded out the top three with 3.1 million units and 19 percent of the market share.
The market closed, with an average of 404,708 units valued at an average of $1,945,344 for each security traded, in contrast to 925,351 units at $2,250,830 on Monday. The average volume and value for the month to date amounts to 485,179 units for $8,886,686 and previously, an average of 490,445 units for $9,371,834 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ending, with bids higher than their last selling prices and two closed, with lower offers. The PE ratio of the market ended at 19.2, with the Main Market ending at 18.8 times the current year’s earnings.
In the JSE Main Market, Caribbean Cement jumped $2.50 to end at $77.50 with a transfer of 2,410 stock units, Eppley Caribbean Property Fund traded 1,070 units and rose 95 cents to close at $32, Grace Kennedy lost 80 cents to end at $68.20, after exchanging 2,050 shares. Jamaica Producers gained $1 to end at $24.50 with 55,9161 stock units trading, JMMB Group fell 65 cents to settle at $47.15, with 85,373 shares changing hands, units. Mayberry Jamaican Equities gained 75 cents to end at $12.75, with 15,000 stock units trading, MPC Caribbean dived $36 to end at $195 with an exchange of 627 stock units, NCB Financial Group declined by $2 to close at $201, in swapping 74,987 shares. 
PanJam Investment fell 99 cents to end at $101, with 17,366 shares crossing the exchange, Proven Investments dropped $4 to land at $50 while trading 4,696 stock units, Sagicor Group jumped $3.99 to $69.99 with 25,664 shares changing hands. Sagicor Real Estate Fund gained $1.20 to $10 with 36,350 shares, Scotia Group gained $1.50 to end at $55.50, in transferring 339,093 shares, Seprod lost $1.50 in trading 53,370 units to close at $48.50 and Supreme Ventures shed 56 cents to end at $25 while trading 24,197 stock units.
Trading in the US dollar market closed with 459,916 units amounting to $158,311, with the market index losing 1.33 points to close at 220.80. Productive Business Solution traded 60 shares to end at 63 US cents, a decline of 2 cents, Proven Investments lost 2 cents after exchanging 363,839 shares to close at 32 US cents, Sygnus Credit Investments exchanged 81,017 stock units, to close at 14 US cents and JMMB Group 5.5% preference share traded 15,000 units at US$2.02.
JSE Main Market pulls back – Friday
Proven Investments closed at a 52 weeks’ high of J$54.
Trading on the Main Market of the Jamaica Stock Exchange resulted in declines in the two primary market indices on Friday as rising stocks edged out decliners after volume of shares traded rose sharply at just over half of the value that exchanged on Thursday.
At the close of trading, the JSE All Jamaican Composite Index dropped 3,190.45 points to end at 553,941.96, the JSE Market Index lost 2,824.34 points to close at 504,241.70 and the JSE Financial Index declined by 0.43 points to finish at 136.97.
The market closed, with 43 securities changing hands in the Main and US dollar markets, with 18 advancing, 16 declining and the prices of 9 stocks closed unchanged. JSE Main Market activity ended, with 39 securities accounting for 37,939,404 units with a consideration of $92,284,016, in contrast to 22,307,168 units amounting to $166,924,750, on Thursday, from 38 securities changing hands.
Wigton Windfarm returned to dominate trading, with 17.8 million shares and 50 percent of volumes traded followed by Sagicor Select – Manufacturing and Distribution fund with 10 million units for 26.4 percent of the day’s trade and Sagicor Select – Financial Fund with 6.2 million shares for 16.4 percent market share.
The market closed, with an average of 925,351 units at $2,250,830 for each security traded, in contrast to 587,031 units at $4,392,757 on Thursday. The average volume and value for the month to date amounts to 490,445 units for $9,371,834 and previously, an average of 458,316 units for $9,936,556 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending, with bids higher than their last selling prices and one closed, with a lower offer. The PE ratio of the market ended at 19.1, with the Main Market ending at 18.7 times the current year’s earnings.
In the premier market, Caribbean Cement declined by $2.50 to end at $75 with a transfer of 30,265 stock units, Carreras lost 22 cents to end at $8.17, in trading 78,931 stock units. Grace Kennedy climbed $4.50 to end at $69, trading 12,262 shares, JMMB Group gained 77 cents to settle at $47.80 with 189,281 shares changing hands, Kingston Wharves dropped $1.50 to settle at $61, in trading 1,518 units. Mayberry Jamaican Equities fell by $2 to end at $12, with 36,200 stock units trading, MPC Caribbean jumped $29 to end at $231 with an exchange of 175 stock units, NCB Financial Group advanced by 60 cents to close at $203, in swapping 86,379 shares. PanJam Investment rose 99 cents to end at $101.99, with 35,128 shares crossing the exchange, Proven Investments jumped $5 to land at a record high of $54 while trading 3,466 stock units, Pulse Investments had 29,041 changing hands and lost 40 cents to close at $4.10. 
Sagicor Group dropped $2 to $66 with 17,851 shares changing hands, Salada Foods traded just 18 shares after rising 95 cents to end at $30.95, Scotia Group lost 70 cents to end at $54, in transferring 29,645 shares. Seprod recovered the $2 lost on Thursday in trading 12,567 stock units to close at $50, Sygnus Credit Investments put on $1.87 to close at $27, with 72,065 units crossing the market and Wisynco Group rose 20 cents to $24.30, with 54,141 shares changing hands.
Trading in the US dollar market closed, with 364,656 units amounting to $111,725 units, with the market index falling 7.54 points to close at 222.13. Proven Investments traded 336,610 shares to close at 34 US cents and Sygnus Credit Investments exchanged 28,046 stock units to close at 14 US cents.
Big jump in JSE Main Market – Thursday
Trading on the Main Market of the Jamaica Stock Exchange resulted in a surge in the two primary market indices on Thursday as rising stocks edged out decliners following a rise in volume and values of shares changing hands.
At the close, JSE All Jamaican Composite Index surged 4,382.42 points to 557,132.41, the JSE Market Index jumped 4,008.03 points to close at 507,066.04 and the JSE Financial Index rose 1.15 points higher to 137.40.
The market closed, with 42 securities changing hands in the Main and US dollar markets, with 14 advancing, 13 declining and the prices of 13 stocks closed unchanged. JSE Main Market activity ended, with 38 securities accounting for 22,307,168 units amounting to $166,924,750 in contrast to 9,385,975 units valued $145,118,400, on Wednesday, from 38 securities.
Sagicor Select – Manufacturing and Distribution fund dominated trading, with 11.3 million shares and 50.5 percent of volumes traded followed by Sagicor Select – Financial Fund with 4 million units for 18 percent of the day’s trade and Wigton Windfarm with 2.3 million shares for 10 percent market share.
The market closed, with an average of 587,031 units at $4,392,757 for each security traded, in contrast to 246,999 units valued at an average of $3,818,905 on Wednesday. The average volume and value for the month to date amounts to 458,316 units for $9,936,556 and previously, an average of 448,856 units for $10,376,356 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ending, with bids higher than their last selling prices and one closed, with a lower offer. The PE ratio of the market ended at 19.2, with the Main Market ending at 18.7 times the current year’s earnings.
In the premier market, Barita Investments lost 35 cents to settle at $71.65, with 26,059 shares changing hands, Caribbean Cement gained 50 cents to end at $77.50 with a transfer of 142,549 stock units, Carreras gained 39 cents to end at $8.49, in trading 47,830 stock units. Eppley Caribbean Property gained $1.05 to end at $31.05, after exchanging 1,960 shares, Grace Kennedy lost $3.50 to end at $64.50, trading 149,638 shares, Jamaica Broilers rose by $2 to settle at $41, with 657,939 shares changing hands. Jamaica Producers fell $1.50 to end at $24.96 with 21,461 stock units trading, JMMB Group gained 53 cents to settle at $47.03 with 339,830 shares changing hands, Kingston Wharves gained 70 cents to settle at $62.50, in trading 515 units. Mayberry Investments added 40 cents to end at $9.60, trading 30,800 shares, Mayberry Jamaican Equities rose $2 to end at $14, with 372,169 stock units trading, 
MPC Caribbean gained $2 to end at $202 with an exchange of 116 stock units, NCB Financial Group advanced by $2.40 to close at $202.40, in swapping 228,153 shares. PanJam Investment lost 99 cents to end at $101, with 21,070 shares crossing the exchange. Sagicor Group dropped $2 to settle at $68 with 219,174 shares changing hands, Scotia Group lost 80 cents to settle at $54.70, in transferring 30,971 shares. Seprod dipped $2 trading 22,600 stock units to close at $48, Supreme Ventures gained 50 cents to end at $25.50, while exchanging 97,424 shares, Sygnus Credit Investments put on $1.13 to close at $25.13, with 47,758 units crossing the market and Wisynco Group fell 39 cents to $24.10, with 128,188 shares changing hands.
Trading in the US dollar market closed, with 247,186 units amounting to $48,362, with the market index adding 3.39 points to close at 229.67. Margaritaville traded 4,600 shares to end at 30 US cents, Proven Investments gained 2 cents with 38,568 shares crossing the exchange to close at 34 US cents and Sygnus Credit Investments exchanged 201,518 stock units after slipping by one cent to close at 14 US cents. JMMB Group 5.5% preference share, traded 2,500 units at US$2.02.
More declines for JSE Main Market – Wednesday
The Jamaica Stock Exchange suffered more declines in the market indices on Wednesday with an almost equal number of rising and declining stocks and a fall in volume and a modest rise in values of stocks crossing the market.
At the close, JSE All Jamaican Composite Index fell 403.42 points to close at 552,749.99, the JSE Market Index declined by 366.20 points to close at 503,058 and the JSE Financial Index slipped 1.00 points higher to 136.25.
The market closed, with 40 securities changing hands in the Main and US dollar markets, with 14 advancing, 13 declining and the prices of 13 stocks closed unchanged. JSE Main Market activity ended, with 38 securities accounting for 9,385,975 units amounting to $145,118,400 in contrast to 15,225,126 units valued $142,466,453, on Tuesday, from 37 securities.
Sagicor Select Funds – Financial stocks dominated trading, with 2.4 million shares and 26 percent of volumes traded followed by Wigton Windfarm, with 1.4 million units for 15 percent of the day’s trade and QWI Investments, with 1.37 million shares for 15 percent market share.
The market closed, with an average of 246,999 units valued at an average of $3,818,905 for each security traded, in contrast to 411,490 units for $3,850,445 on Tuesday. 
The average volume and value for the month to date amounts to 448,856 units for $10,376,356 and previously, an average of 464,870 units for $10,941,397 for each security changing hands. The market closed out November, with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 13 stocks ending, with bids higher than their last selling prices and one closed, with a lower offer. The PE ratio of the market ended at 19.1, with the Main Market ending at 18.6 times the current year’s earnings.
In the premier market, Barita Investments rose 50 cents to close at $72, with 2,031 shares changing hands, Grace Kennedy lost $1 to end at $68, after trading 36,091 stock units, Jamaica Broilers fell $2 to settle at $39, with 107,419 shares changing hands. Kingston Wharves gained 80 cents to end at $61.80 trading 7,756 units, Mayberry Jamaican Equities dropped $1 to end at $12, with 156,568 stock units trading, 
NCB Financial Group lost $1 to close at $200, in swapping shares, 45,342 shares. PanJam Investment gained $1.99 to end at $101.99, with 24,456 shares crossing the exchange. Portland JSX lost 75 cents to settle at $7, with 18,180 shares changing hands. Proven Investments lost $1 in trading 14,915 to close at a $49, Salada Foods slipped 95 cents to end at $30, trading 198 shares, Scotia Group rose $1.50 to settle at $55.50, in transferring 526,827 shares. Seprod added $1 in trading 26,364 units to close at $50, Sygnus Credit Investments put on $1.10 to close at $24, with 78,111 units crossing the market and Wisynco Group climbed $1.47 to $24.49, with 564,12 5 shares changing hands.
Trading in the US dollar market closed, with 209,219 units valued at US$67,632, with the market index adding 3.60 points to close at 226.28. Proven Investments dipped 2 cents in trading 202,519 shares to close at 32 US cents and Sygnus Credit Investments in exchanging 6,700 shares gained a cent to close at 15 US cents.
JSE Main Market falls – Tuesday
Trading on the Jamaica Stock Exchange on Tuesday led to an almost equal number of securities rising and declining, but with a substantial fall in volume and values of stocks crossing the market and declines in the two Main Market indices.
At the close, JSE All Jamaican Composite Index dropped 1,431.70 points to close at 553,153.41, the JSE Market Index declined by 1,368.17 points to 503,424.21 and the JSE Financial Index inched 0.58 points higher to 137.25.
The market closed with 39 securities changing hands in the main and US dollar markets with 14 advancing, 16 declining and the prices of 9 stocks closed unchanged. JSE Main Market activity ended with 37 securities accounting for 15,225,126 units valued $142,466,453, in contrast to 23,258,908 units at $2,096,079,296 on Monday, from 39 securities.
Wigton Windfarm dominated trading with 6.5 million shares accounting for 43 percent of volume traded, followed by Sagicor Select Funds – Financial stocks with 4 million units for 26 percent of the day’s trade and QWI Investments with 690,754 shares for 4.5 percent market share.
The market closed with an average of 411,490 units for $3,850,445 for each security traded, in contrast to 596,382 units, for an average of $53,745,623 on Monday. The average volume and value for the month to date amounts to 464,870 units for $10,941,397 and previously, an average of 469,338 units for $11,590,816 for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and three closed with lower offers. The PE ratio of the market ended at 19.1, with the Main Market ending at 18.6 times the current year’s earnings.
In the premier market, Barita Investments lost 50 cents to settle at $71.50 with 8,320 shares changing hands, Caribbean Cement jumped $3 to end at $77, with 43,375 units crossing the exchange, Eppley Caribbean Fund dropped 50 cents to settle at a 52 weeks’ low of $30 with 16,538 shares changing hands. Grace Kennedy gained $1 to end at $69, trading 5,132 shares, Jamaica Broilers climbed $1 to settle at $41 with 527,466 shares changing hands, Jamaica Producers exchanged 15,353 stock units and gained $1.35 to end at $24.85 with. Kingston Wharves lost $1.75 to settle at $61, in exchanging 2,762 units, Mayberry Investments climbed 87 cents to settle at $9.17 with 388 shares changing hands, Mayberry Jamaican Equities gained $1 to end at $13 with 115,580 stock units trading, NCB Financial Group lost $2 to close at $201, in swapping shares, 95,644 shares, PanJam Investment fell $1.99 to end at $100, with 55,839 shares crossing the exchange. 
Proven Investments jumped $2.15 in trading 1,326 to close at a 52 weeks’ high of $50, Sagicor Group gained $2.01 to end at $70, trading 134,893 shares, Sagicor Real Estate Fund exchanged 74,773 after declining 51 cents to end at $10. Scotia Group dropped $1.49 to settle at $54, in transferring 45,530 shares, Seprod shed $1.45 in trading 22,564 stock units to close at $49. Supreme Ventures lost 55 cents to close at $25.01, with 119,205 units crossing the market and Wisynco Group fell 48 cents to $23.02, with 553,635 shares changing hands.
Trading in the US dollar market closed with 223,174 units valued at US$135,657 with the market index adding 5.09 points to close at 222.51. Proven Investments gained 2 cents in trading 280,559 shares to close at 34 US cents and Sygnus Credit Investments in exchanging 1,289,640 shares fell by a cent at 14 US cents.
Surge in trading on JSE Main Market
Rising stocks outnumbered declining ones by a substantial margin leading the Main Market indices of the Jamaica Stock Exchange to gains on Monday as the value of stocks trading surged nearly three times Friday’s level.
At the close, JSE All Jamaican Composite Index jumped by 2,789.02 points to close at 554,585.11, the JSE Market Index climbed 2,373.62 points to close at 505,948.81 and the JSE Financial Index inched 0.74 points higher to 136.67.
The market closed with 43 securities changing hands in the main and US dollar markets with the prices of 20 rising, 10 declining and the 12, closing unchanged. JSE Main Market activity ended with 39 securities accounting for 23,258,908 units at $2,096,079,296, in contrast to 59,610,460 units for $774,571,962 on Friday, from 37 securities.
NCB Financial dominated trading with 8 million shares and 35 percent of volumes traded followed by Caribbean Cement with 5.3 million units for 23 percent of the day’s trade and with Sagicor Select Funds financial sector with 4.6 million shares for 20 percent market share.
The market closed with an average of 596,382 units for $53,745,623 for each security traded, in contrast to 1,528,704 units valued at an average of $21,515,888 on Friday. 
The average volume and value for the month to date amounts to 469,338 units for $11,590,816 and previously, an average of 457,043 units for $7,086,604 for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and two closed with lower offers. The PE ratio of the market ended at 19, with the Main Market ending at 18.6 times the current year’s earnings.
In the premier market, Barita Investments climbed $1 to settle at $72 with 10,200 shares changing hands, Berger Paints traded 373 shares and gained 60 cents to end at $17.80, Caribbean Cement lost 50 cents to end at $74, with 5,257,837 units crossing the exchange. Eppley Caribbean Fund dropped $7.52 to settle at a 52 weeks’ low of $30.50 with 32,346 shares changing hands, JMMB Group dived $8 to end at $40, trading 10,185 stock units. Kingston Wharves gained $1.75 to settle at $62.75, in trading 1,326 units, NCB Financial Group gained $1.90 to close at $203, in swapping 8,065,181 shares, 138 Student Living fell 83 cents to end at $4.10, with 750 shares crossing the exchange. Proven Investments traded 32,239 and rose 85 cents to close at $47.85, Pulse Investments fell 39 cents to $4.30, with 5,320 units changing hands, Sagicor Group gained $1.99 to end at $67.99, trading 17,141 shares, Sagicor Real Estate Fund exchanged 600 after rising 51 cents to end at $10.51.
Salada Foods climbed 95 cents to settle at $30.95 with 16 shares changing hands, Scotia Group dropped $2 to settle at $55.50, in transferring 62,328 shares, Seprod shed 20 cents in trading 17,900 stock units to close at $50.45, Stanley Motta gained 60 cents to end at $5.90, trading 81 shares. Supreme Ventures rose 28 cents to close at $25.56 with 14,671 units crossing the market, Sygnus Credit Investments climbed $1.59 to $22.79 while exchanging 10,599 shares and Wisynco Group fell 50 cents to $23.50 with 197,674 shares changing hands. In the preference sector, Productive Business Solution 9.75% traded 100 units and rose $3 to close at $103.
Trading in the US dollar market closed with 223,174 units valued at US$135,657 with the market index adding 5.09 points to close at 222.51. Productive Business Solution traded 100 units and rose 6 cents to a 52 weeks’ high of 65 US cents. Proven Investments transferred 206,054 shares to close at 32 US cents, Sygnus Credit Investments gained 1 cent in exchanging 12,020 shares at 15 US cents and JMMB Group 5.5% preference share closed trading of 5,000 units and gained 2 cents to end at $2.02.
JSE Main Market index down again
Falling stock prices outnumbered rising ones by a big margin, leading the Main Market indices of the Jamaica Stock Exchange to slip moderately on Friday as the value of stocks trading surged nearly four times Thursday’s level.
At the close, JSE All Jamaican Composite Index declined by 556.70 points to 551,796.09, the JSE Market Index lost 504.45 points to close at 502,418.76 and the JSE Financial Index inched 0.06 points higher to 135.93.
The market closed with 39 securities changing hands in the main and US dollar markets with 9 advancing, 17 declining and the prices of 13 stocks closed unchanged. JSE Main Market activity ended with 37 securities accounting for 59,610,460 units for $774,571,962, in contrast to 9,942,249 units valued $213,225,571 on Thursday, from 36 securities.
Wigton Windfarm dominated trading with 33 million shares and 60 percent of volumes traded, followed by Wisynco Group with 12 million shares for 32 percent of the day’s trade and JMMB Group with 2.3 million shares for 4 percent market share.
The market closed with an average of 1,528,704 units valued at an average of $21,515,888 for each security traded, in contrast to 284,064 units valued at $6,092,159 on Thursday. 
The average volume and value for the month to date amounts to 457,043 units for $7,086,604 and previously, an average of 351,921 units for $5,507,716 for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and none closed with lower offers. The PE ratio of the market ended at 19.3, with the Main Market ending at 19.1 times the current year’s earnings.
In the premier market, Caribbean Cement lost $2 to end at $74.50, with 397,460 units changing hands, Eppley climbed $1 to settle at $15, with an exchange of 100 shares, Jamaica Producers lost $1.29 in trading 31,289 stock units to end at $23.50, Kingston Wharves shed $2 to settle at $61, in trading 4,558 units. Mayberry Investments fell 69 cents to close at $8.21, after transferring 4,080 shares, Mayberry Jamaican Equities declined by 95 cents to end at $12, with 17,049 units changing hands, NCB Financial Group gained $1.10 to close at $201.10, in swapping 499,603 shares. 
138 Student Living added $1.13 to end at $4.93, with 31,950 shares crossing the exchange, PanJam Investment gained $2.49 to close at $101.99, swapping 1,068,431 shares. Pulse Investments rose 39 cents to $4.69, with 100 units changing hands, Sagicor Real Estate Fund exchanged 5,100 and lost 51 cents to end at $10, Scotia Group dropped $2 to settle at $55.50, in transferring 62,328 shares. Seprod shed 25 cents in trading 10,720 stock units to close at $50.25, Supreme Ventures lost 22 cents to close at $25.28 with 119,205 units crossing the market and Sygnus Credit Investments drifted 80 cents down to $21.20 while exchanging 20,476 shares.
Trading in the US dollar market closed with 1,042,954 units valued at US$326,173 with the market index adding 3.51 points to close at 217.42. Proven Investments traded 977,693 to close with a gain of 0.5 cents at 32 US cents and Sygnus Credit Investments lost 1 cent in exchanging 65,261shares at 13 US cents.
JSE Main Market index slips
Rising prices outnumbered declining ones by a solid margin, but the Main Market Index of the Jamaica Stock Exchange stocks slipped modestly on Thursday as the value of stocks trading remained close to Wednesday’s level.
At the close, JSE All Jamaican Composite Index declined by 432.39 points to end at 552,352.79, the JSE Market Index lost 388.56 points to close at 502,923.21 and the JSE Financial Index fell 0.40 points to close at 135.87.
The market closed with 37 securities changing hands in the main and US dollar markets with 17 advancing, 11 declining and the prices of 9 stocks closed unchanged. JSE Main Market activity ended with 35 securities accounting for 9,942,249 units valued $213,225,571, in contrast to 26,501,648 units at $237,434,671 on Wednesday, from 37 securities.
JMMB Group dominated trading with 3.05 million shares for 31 percent of the day’s trade followed by Wigton Windfarm with 2.6 million shares and 26 percent of volumes traded and Sagicor Select Funds – Financials sector with 2.44 million shares for 25 percent market share. In the US dollar market, Proven Investments exchanged 5.3 million units.
The market closed with an average of 284,064 units valued at $6,092,159 for each security traded, in contrast to 716,261 units for $6,417,153 on Wednesday. The average volume and value for the month to date amounts to 351,921 units for $5,507,716 and previously, an average of 359,075 units valued at $5,438,139 for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and none closed with lower offers. The PE ratio of the market ended at 19.1, with the JSE Main Market ending at 18.8 times the current year’s earnings.
In the premier market, Barita Investments climbed $1.10 to settle at $71.10, with an exchange of 9,600 shares, Caribbean Cement recovered 50 cents to end at $76.50, with 926 units changing hands, Grace Kennedy gained $3 to close at $68, after transferring 8,258 shares. Jamaica Broilers added $1.90 to end at $40, with 30,053 shares crossing the exchange, Jamaica Producers traded 116,014 stock units and rose 79 cents to end at $24.79, JMMB Group gained $1 to end at $48 with 2,873,695 hares trading. 
Kingston Wharves gained $2 to settle at $63, in trading 6,924 units, Mayberry Jamaican Equities rose 95 cents to end at $12.95, with 1,826 units changing hands, NCB Financial Group gained $1 to close at $200, in swapping 183,314 shares. PanJam Investment fell $2.50 to close at $99.50, in trading 44,917 shares. Proven Investments rose $2.55 to settle at $47, in trading 330 units, Pulse Investments fell 55 cents to $4.30, with 19,000 stock units changing hands, Scotia Group dropped $2 to settle at $55.50, in transferring 62,328 shares. Seprod gained 50 cents in trading 3,213 stocks to close at $50.50, Supreme lost 99 cents to close at $25.50 with 15,300 units crossing the market and Sygnus Credit Investments rose $1 to $22 while exchanging 20,111 shares.
Trading in the US dollar market closed with 5,376,091 units valued at US$1,681,059 with the market index adding 1.14 points to close at 213.91. Proven Investments traded 5,305,158 shares to close with a gain of1.5 cents at 31.5 US cents and Sygnus Credit Investments exchanged 70,993 shares at 14 US cents.
JSE Main Market in big recovery
Stocks surged on Wednesday to erase most of Tuesday’s sharp fall on the Main Market of the Jamaica Stock Exchange as advancing stocks just outnumbering declining ones.
At the close, JSE All Jamaican Composite Index advanced 6,965.33 points to close at 552,785.17, the JSE Market Index gained 6,206.67 points to 503,311.77 and the JSE Financial Index rose 1.34 points to close at 136.27.
The market closed with 40 securities changing hands in the main and US dollar markets with 15 advancing, 14 declining and the prices of 12 closed unchanged. Main market activity ended with 37 securities accounting for 26,501,648 units for $237,434,671, in contrast to 9,259,581 units valued at $69,761,481 on Tuesday from 38 securities.
138 Student Living dominated trading with 13 million shares for 49 percent of the day’s trade followed by Sagicor Select Funds with 4.5 million shares and 17 percent of volumes traded and Wigton Windfarm with 3.9 million shares for 14.7 percent market share.
The market closed with an average of 716,261 units at $6,417,153 for each security traded, in contrast to 255,401 units valued at an average of $1,835,828 on Tuesday. 
The average volume and value for the month to date amounts to 359,075 units valued at $5,438,139 units for $5,438,139 and previously, an average of 383,292 units valued at $5,297,192 for each security changing hands. The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ending with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 19.1, with the JSE Main Market ending at 18.8 times the current year’s earnings.
In the prime market, Barita Investments lost 50 cents to settle at $70, with an exchange of 7,942 shares, Berger Paints gained $1.90 to close at $18.40 trading 4,810 shares, Caribbean Cement lost 50 cents to end at $76, with 855 units changing hands, Eppley Caribbean Property Fund slid $1.30 to $38.20, after transferring 1,200 shares. Eppley closed 95 cents lower to $14, in switching ownership of 15,290 shares, Jamaica Broilers added $1.73 to end at $38.10, with 30,558 shares crossing the exchange, Kingston Wharves gained $1.50 to settle at $61, in trading 5,888 units, 
Mayberry Investments lost 60 cents to end at $9, with 3,060 units changing hands. MPC Caribbean Clean Energy dived $30 to $200, after exchanging a mere 150 units, NCB Financial Group gained $2 to close at $199, in swapping 93,674 shares. 138 Student Living dropped $1.22 to close at $3.80, with 13,020,000 shares crossing the exchange, Proven Investments lost $3.05 to settle at $44.45, in trading 19,416 units, Pulse Investments closed with a gain of 30 cents at $4.85, with 69,492 units changing hands and Scotia Group gained 50 cents to settle at $57.50, in transferring 19,585 shares.
Trading in the US dollar market closed with 358,568 units valued at US$108,806, with the market index climbing 1.67 points to 212.77. Margaritaville traded at a 52 weeks’ high of 30 cents after rising 3 cents with 100 units changing hands, Proven Investments exchanged 234,488 to close with a loss of 2 cents at 30 US cents, Sygnus Credit Investments exchanged 103,080 shares at 14 US cents and JMMB Group 6% preference share closed at US$1.01, with 21,000 units changing hands.
Sharp drop for JSE Main Market
The Main Market of the Jamaica Stock Exchange suffered a significant fall at the close on Tuesday with declining stocks outnumbering advancers two to one.
The market closed with 40 securities changing hands in the main and US dollar markets with 11 advancing, 22 declining, with prices of 7 unchanged. Main market activity ended with 38 securities accounting for 9,259,581 units valued at $69,761,481, in contrast to 5,684,180 units valued at $90,557,890 on Monday from 34 securities.
The JSE All Jamaican Composite Index dived 8,562.68 points to close at 545,819.64, the JSE Market Index plunged 7,743.45 points to 497,105.10 while the JSE Financial Index lost 2.58 points to close at 134.93.
Wigton Windfarm dominated trading with 4.8 million shares for 51.6 percent of the day’s trade, followed by Sagicor Select Funds with 2.3 million shares and 25 percent of volume and QWI Investments with 1.1 million shares and 11.5 percent.
The market closed with an average of 255,401 units valued at an average of $1,835,828 for each security traded, in contrast to 243,673 units for an average of $3,283,732 on Monday. The average volume and value for the month to date amounts to 383,292 units valued at $5,297,192 and previously, an average of 402,202 units valued at $5,897,793 for each security changing hands. 
The market closed out November with an average of 653,621 units valued at $8,699,916 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ending with bids higher than their last selling prices and two with lower offers. The PE ratio of the market ended at 19.6, with the prime market stocks ending at 19.4 times 2019 current year’s earnings.
In the JSE Main Market, Barita Investments lost $1.50 to settle at $70.50, with 8,573 shares changing hands, Berger Paints fell 50 cents to $16.50 while trading 3,799 stock units, Caribbean Cement declined by 50 cents to end at $76.50, in swapping 1,066 units. Eppley Caribbean Property Fund added $1.50 to close at $39.50, with an exchange of 1,565 shares, Grace Kennedy declined by $1 to $65, in transferring 10,263 shares, Jamaica Broilers closed $1.63 lower to $36.37, with 22,923 shares crossing the exchange. Jamaica Producers lost 40 cents to settle at $24, after swapping 17,273 shares, JMMB Group closed at $46.75, after losing 35 cents in transferring 99,844 shares, Kingston Wharves ended at $59.50, with a loss of $1 trading 5,774 units. Mayberry Jamaican Equities closed $1.09 lower to $12 while exchanging 4,056 units, NCB Financial Group declined to $197, after losing $3 and trading 159,487 shares, 1
38 Student Living added 32 cents to close at $5.02, with 10,000 shares crossing the exchange. PanJam Investment gained 59 cents to settle at $102 in exchanging 19,837 units. Proven Investments lost 39 cents to close at $47.50, with 7,537 units changing hands, Sagicor Real Estate Fund fell to $10.51, after losing 49 cents and transferring 12,180 shares, Stanley Motta lost 61 cents to close at $5.29, in exchanging 2,920 shares. Sterling Investments gained 45 cents to end at $3.45, in swapping 3,400 shares, Supreme Ventures rose to $26.45, after climbing $1.44 with 10,467 units changing hands and Sygnus Investments closed $2 lower to $21, with an exchange of 212,489 shares.
Trading in the US dollar market closed with 71,801 units valued at US$12,559, with the market index falling 2.64 points to 211.25. Proven Investments traded 28,242 to close at 32 US cents, and Sygnus Credit Investments exchanged 27,002 shares at 14 US cents.
