Market activity ended on Tuesday with 18 stocks rising, 25 declining and nine remaining unchanged with two stocks hitting 52 weeks’ low and one a 52 weeks’ high as 52 securities traded compared to 49 on Monday and led the market into declining with an exchange of 60 percent more shares valued 20 percent less than on Monday at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index dropped 3,021.82 points to 459,122.82, the JSE Main Index declined 2,454.99 points to end at 426,476.66 and the JSE Financial Index shed 1.04 points to 105.52 after Grace Kennedy traded at an intraday high of $100, while Transjamaica Highway and Wigton Windfarm traded at 52 weeks’ low of 90 cents and 55 cents, respectively.
The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.8 based on ICInsider.com forecast of 2021-22 earnings.
The market closed with 22,237,953 shares trading for $198,202,082 versus 13,855,601 units at $248,441,964 on Monday. Wigton Windfarm led trading with 30.6 percent of the volume for 6.80 million shares followed by JMMB Group 7.5% preference share with 18.4 percent for 4.10 million units, Sagicor Select Financial Fund with 9.7 percent for 2.16 million units, Transjamaican Highway with 9.4 percent for an exchange of 2.10 million units, Sagicor Group with 4.8 percent for 1.09 million units and Jamaica Stock Exchange with 4.8 percent for 1.06 million units changing hands.
Trading averages 427,653 shares at $3,811,578, compared to 282,767 units at $5,070,244 on Monday. Trading month to date averages 256,820 units at $4,992,587, in contrast to 238,579 units at $5,118,691 on Monday. May closed with an average of 439,937 units at $4,698,961.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments dipped 25 cents to $83.20 in an exchange of 16,246 shares. Caribbean Cement gained 21 cents to close at $94.01 with the swapping of 90,297 stock units, Eppley spiked $2 to $40 after exchanging 362 shares, Guardian Holdings lost 50 cents in closing at $759.50 with 6,990 stocks crossing the exchange, Jamaica Broilers fell $1.40 to $33.60 with 47,215 units clearing the market. Jamaica Producers rose $1.78 to $24.43 in exchanging 18,443 stocks, JMMB Group advanced $3.60 to close at $36.70 after trading 996,543 stock units as investors reacted positively to full year results. Margaritaville shed 70 cents to settle at $14.30 with a transfer of 26,930 stock units, MPC Caribbean Clean Energy fell 23 cents $116 in trading 41 stock units, NCB Financial dropped $5 to end at $143 in switching ownership of 90,696 shares, Palace Amusement dropped $10 to $1,170, with 11 units changing hands, PanJam Investment declined $3.37 in closing at $66.56 in switching ownership of 28,018 stocks, Proven Investments popped $1.84 to $36.90 in an exchange of 1,641 units. 
Sagicor Group declined $3 to $52 in transferring 1,091,820 shares, Sagicor Real Estate Fund shed 69 cents to close at $8.30 after exchanging 75,292 units. Scotia Group shed $1 to end at $40 with the swapping of 426,297 shares. Seprod fell 99 cents to $73.01 in trading 14,521 stock units, Stanley Motta ended 51 cents lower at $5.89 after clearing the market with 6,300 shares, Supreme Ventures fell 92 cents to $20.08 with 97,939 stocks crossing the market and Sygnus Credit Investments shed 44 cents to end at $14.62 in transferring 77,877 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investor’s Choice bid-offer indicator closed with a strong signal of 14 stocks ending with bids higher than their last selling prices and four closing lower offers, an indication that Tuesday’s trading should see a continuation of the current market rally. At the close of trading, the All Jamaican Composite Index pushed 2,871.41 points higher to 462,144.64 to now sit just above resistance level which now provides support for the market. The JSE Main Index rose 2,511.04 points to end at 428,931.65 and the JSE Financial Index inched 0.91 points higher to 106.56.
Trading ended with a 14 percent rise in the volume of stocks traded, with a 61 percent lower value than Friday, after 13,855,601 shares traded for $248,441,964 versus 12,127,180 units at $631,548,664 on Friday. Mayberry Jamaican Equities led trading with 26 percent of total volume for 3.61 million shares followed by Wigton Windfarm with 13.4 percent after an exchange of 1.85 million units, Transjamaican Highway accounted for 8.7 percent with 1.20 million units traded, Sagicor Select Financial Fund held to 8.6 percent after an exchange of 1.19 million units, Sagicor Select Manufacturing & Distribution Fund pulled out 8.3 percent with 1.15 million units and QWI Investments delivered 8.1 percent after trading 1.12 million units.
Proven Investments shed $1.94 in closing at $35.06, with 44,622 stocks crossing the market, Sagicor Group slipped $2 to $55 with 248,968 shares clearing the market. Salada Foods climbed 45 cents to $8.28 with 113,932 stock units crossing the exchange, Scotia Group jumped $1.44 to $41 in an exchange of 3,994 units, Seprod shed 99 cents to close at $74 with the transfer of 173,855 shares. Sterling Investments dipped 25 cents to $2.80 in switching ownership of 220,000 stock units, Supreme Ventures spiked 50 cents to close at $21 after clearing the market of 336,556 stock units, Sygnus Credit Investments ended 24 cents lower at $15.06 in an exchange of 256,748 units.
At the close, the JSE Main Index fell 749.88 points to end at 426,420.61 and the JSE Financial Index slipped 0.09 points to 105.65.
Trading averaged 247,493 units at $12,888,748, compared to 193,417 shares at $3,594,165 on Thursday. Trading month to date averages 233,635 units at $5,124,111, in contrast to 231,890 units at $4,146,046 on Thursday. May ended with an average of 439,937 units at $4,698,961.
Sagicor Group spiked $3 to $57 after 526,416 shares cleared the market. Scotia Group fell 44 cents to close at $39.56, with 124,591 stocks changing hands. Seprod rose 99 cents to $74.99 after exchanging 57,110 stock units, Supreme Ventures gained 50 cents to close at $20.50 after trading 214,253 units and Wisynco Group shed 55 cents to end at $15.40 with 244,402 stock units changing hands.
Securities trading surged to 53 from 48 on Wednesday, with 29 rising, 18 declining and six ending unchanged. At the close, the JSE Main Index advanced 3,640.24 points to end at 427,170.49 and the JSE Financial Index gained 0.76 points to 105.74.
Trading averaged 193,417 units at $3,594,165, compared to 234,498 shares at $4,350,058 on Wednesday. Trading month to date averages 231,890 units at $4,146,046, in contrast to 237,958 units at $4,233,099 on Wednesday. May closed with an average of 439,937 units at $4,698,961.
Scotia Group shed $1 in ending at $40 after an exchange of 2,042,868 shares, Seprod shed 95 cents to close at $74 with 17,290 units changing hands, Stanley Motta rose 45 cents to $6.45 with 100 stock units crossing the market, Sygnus Credit Investments climbed 30 cents to $15.30 in exchanging 1,103,967 shares and Wisynco Group gained 60 cents to close at $15.95 with a transfer of 33,016 stock units.
At the close, the All Jamaican Composite Index dropped 1,444.91 points to finish at 456,233.10, the JSE Main Index shed 1,246.35 points to end at 423,530.25 and the JSE Financial Index slipped 0.50 points to 104.98.
Trading averaged 234,498 units at $4,350,058, versus 251,952 shares at $3,318,266 on Tuesday. Trading month to date averages 237,958 units at $4,233,099, in contrast to 238,535 units at $4,213,605 on Tuesday. May ended with an average of 439,937 units at $4,698,961.
PanJam Investment fell 99 cents to $67.01 trading 22,843 stocks, Proven Investments shed $1 in closing at $36 after a transfer of 701,801 shares, Sagicor Group rose 70 cents to $52.75 with 323,788 shares crossing the market. Sagicor Real Estate Fund popped 64 cents to $8.99 with the swapping of 294 stock units, Scotia Group shed 55 cents to close at $41 in exchanging 78,321 units. Seprod rallied $1.93 to $74.95 in trading 101,870 shares and Supreme Ventures declined 99 cents to $19.91 with an exchange of 75,612 stock units.
At the close of trading, the All Jamaican Composite Index climbed 678.47 points to finish at 457,678.01, just a few thousand points away from resistance around the 460,000 mark. The JSE Main Index rose 718.60 points to end at 424,776.60 and the JSE Financial Index popped 0.30 points to 105.48.
Trading averaged 251,952 units at $3,318,266, up from 143,638 shares at $2,497,595 on Monday. Trading month to date averages 238,535 units at $4,213,605, in contrast to 235,716 units at $4,401,702 on Monday. May ended with an average of 439,937 units at $4,698,961.
Sagicor Group fell 70 cents to $52.05 after 91,205 stock units crossed the exchange. Sagicor Real Estate Fund shed 64 cents to $8.35 with the swapping of 15,100 shares, Scotia Group gained 55 cents to $41.55 in trading 10,068 stocks. Seprod rose $1.02 to $73.02 in an exchange of 19,247 stock units, Supreme Ventures popped 90 cents higher to $20.90 in switching ownership of 26,108 units and Sygnus Credit Investments rallied 70 cents to $15 in trading 1,016,997 stocks.
The All Jamaican Composite Index rose 603.81 points to 456,999.54, the JSE Main Index shed 210.23 points to end at 424,058.00 and the JSE Financial Index lost 0.65 points to settle at 105.18.
Trading averaged 143,638 units at $2,497,595, compared to 471,529 shares at $4,645,412 on Friday. Trading month to date ended with a average of 235,716 units at $4,401,702, in contrast to 260,205 units at $4,908,113 on Friday. May closed with an average of 439,937 units at $4,698,961.
Palace Amusement surged $153.56 to $1,148.56, after hitting $1,250 in early trading with a transfer of 663 units, Sagicor Real Estate Fund rose 64 cents to $8.99 in trading 10 shares, Scotia Group fell $1 to $41 after exchanging 8,110 stock units, Seprod advanced $1 to $72 in switching ownership of 16,611 shares and Sygnus Credit Investments shed 70 cents to finish at $14.30 in exchanging 94,468 units.
The All Jamaican Composite Index dropped 1,636.66 points to 456,395.73 after it hit 459,788.11 points at the market’s opening, the highest it had been since early March last year. The JSE Main Index fell 1,361.86 points to end at 456,395.73 and the JSE Financial Index slipped 0.7 points to settle at 105.83.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and two with lower offers.
Sterling Investments popped 23 cents lower to $3.06 after exchanging 185,283 shares, Supreme Ventures gained 35 cents in ending at $19.90, with 17,150 stocks clearing the market, Sygnus Credit Investments shed 30 cents to end at $15 after an exchange of 110,835 stock units. Victoria Mutual Investments rose 37 cents to $6.48 after transferring 209,147 shares and Wisynco Group fell 37 cents to $15.43 with 323,590 stocks crossing the market.
Trading averaged 175,326 units at $2,192,538, compared to 256,975 shares at $8,858,513 on Wednesday. Trading month to date averages 193,705 units at $4,990,781, in contrast to 202,991 units at $6,404,631 on Wednesday. May closed with an average of 439,937 units at $4,698,961.
Sygnus Credit Investments gained 30 cents to settle at $15.30 in trading 25,434 stock units, Victoria Mutual Investments slipped 39 cents to $6.11 in the transfer of 185,406 shares and Wisynco Group popped 60 cents to $15.80 with the swapping of 130,777 stocks.
The All Jamaican Composite Index declined 994.79 points to 451,670.82, the JSE Main Index lost 199.45 points to end at 420,160.07 and the JSE Financial Index gained 0.29 points to settle at 104.48.
Trading close with an average of 256,975 units at $8,858,513, compared to 150,132 shares at $4,001,871 on Tuesday. Trading month to date averages 202,991 units at $6,404,631, in contrast to 150,132 units at $4,001,871 on Tuesday. May closed with an average of 439,937 units at $4,698,961.
Scotia Group rose $1.01 to $41 after trading 47,810 stocks, Seprod gained 20 cents to close at $73 with the swapping of 12,488 units, Stanley Motta shed 20 cents to close at $5.80 after exchanging 10,000 shares. Sterling Investments picked up 29 cents to finish at $3.29 in switching ownership of 1,000 units, Supreme Ventures rallied 20 cents to $20 in trading 61,340 shares and Wisynco Group shed 30 cents in ending at $15.20 after an exchange of 121,439 stock units.