Nearly twice the number of stocks rose on Friday to those declining at the end of trading on the Jamaica Stock Exchange Main Market, with the shares exchanged rising 184 percent above Thursday trades but at just 27 percent of the value.
Trading ended with 46 securities changing hands compared to 45 on Thursday and closed with the prices of 22 stocks rising, 12 declining and 12 remaining unchanged, with Ciboney trading at a 52 weeks’ high of 25 cents. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
At the close, the All Jamaican Composite Index fell by 779.17 points to 424,971.67, the Main Index shed 658.11 points to 387,995.08 and the JSE Financial Index lost 0.43 points to end at 100.79.
Investors exchanged 37,661,093 shares for $245,318,135 compared to 13,243,734 units at $907,847,284 on Thursday. Wigton Windfarm led trading with 35.6 percent of total volume, after an exchange of 13.41 million shares, followed by Transjamaican Highway with 35.3 percent for 13.30 million, Mayberry Jamaican Equities with 10.6 percent for 4.0 million units.
Sagicor Group with 8 percent for 3 million units and Sagicor Select Financial Fund with a 3.6 percent market share for 1.35 million units.
Trading for the day averaged 818,719 units at $5,333,003 compared to an average of 294,305 shares at $20,174,384 on Thursday. Month to date average 349,070 units at $5,305,856 for each security, in contrast to 311,235 units at $5,303,669. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading had six stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Caribbean Cement shed 40 cents in closing at $56.59, with 2,947 shares crossing the exchange, Eppley fell by $2.90 to $26, after investors switched ownership of 10,000 units, Grace Kennedy closed at $63, with gains of $1.80 and 24,887 stock units passing through the market. Jamaica Producers advanced by $1.15 to $21 after trading 5,690 units, JMMB Group climbed $3 to $35, in exchanging 711,242 shares, Key Insurance gained 64 cents to close at $7.99, with the trading of 16,415 units. Kingston Wharves fell by $1.15 to $46 after exchanging 29,634 stock units, Mayberry Investments ended 50 cents higher at $6.50, with investors swapping 1,000 shares, MPC Caribbean Clean Energy declined by $1 to $159, with a transfer of 10 units.
NCB Financial advanced $2 to $144 trading 21,418 stocks, Pan Jam Investment climbed $1.32 to $66.82, after 64,236 shares crossed the market, Sagicor Group dropped $4.49 to close at $45.01, with 3,004,520 shares clearing the market. Scotia Group gained 50 cents to finish at $44.50, trading 5,364 units, Seprod lost 45 cents in closing at $66 and exchanging 25,732 stock units and Wisynco Group increased 50 cents to $16, with 30,512 stock units passing through the market.
In the preference segment, Eppley 8.75% preference share declined by $1.52 to $6 and cleared the market with 22,100 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index shed 469.19 points to 425,750.84, the Main Index lost 370.18 points to 388,653.19 and the JSE Financial Index slipped 0.12 points to settle at 101.22.
Month to date averaged 311,235 units at $5,303,669 for each security, in contrast to 312,683 units at $4,031,460 on Wednesday. November averaged 623,120 units at $6,686,047.
NCB Financial climbed $1.86 to $142 in exchange 6,022,238 shares, 138 Student Living shed 41 cents to settle at $4.34, in an exchange of 348 units, Pan Jam Investment lost 50 cents in closing at $65.50 trading 7,986 units, Sagicor Group rose $1.25 to $49.50, with investors swapping 12,622 stock units. Salada Foods advanced by $2.98 to $29, in an exchange of 1,000 units, Scotia Group dropped $1 to close at $44, after the transferring of 30,250 shares, Seprod lost 55 cents in closing at $66.45, with 1,813 units changing hands and Wisynco Group slipped 98 cents to close at $15.50, with 1,114,154 shares passing through the market.
Trading for the day averaged 416,333 units at $6,731,340 for each security, compared to an average of 175,011 shares at $2,380,259 on Tuesday. Month to date averaged 312,683 units at $4,031,460 for each security, in contrast to 302,986 units at $3,778,872 to Tuesday. November averaged 623,120 units at $6,686,047.
Pan Jam Investment settled at $66, after losing $1.99 after transferring 1,056 units, Seprod closed $1 higher at $67, with 4,452 stock units changing hands and Sygnus Credit Investments rose 38 cents to $16.58 trading 133,911 shares.
At the close, the All Jamaican Composite Index climbed 2,008.23 points to 428,733.79, the Main Index advanced 1,833.71 points to 391,266.62 and the JSE Financial Index rose 0.41 points to 101.92.
Month to date trade averaged 302,986 units at $3,778,872, in contrast to 315,550 units at $3,916,179 on Monday. November averaged 623,120 units at $6,686,047.
Pulse Investments gained 35 cents to end at $4.71, with 255,000 shares changing hands, Sagicor Group rose $1.49 to $48.50, trading 32,896 stock units, Sterling Investments gained 39 cents to settle at $3.05, in an exchange of 314,500 shares. Supreme Ventures finished at $18, with gains of 50 cents and 78,024 shares crossing the exchange, Sygnus Credit Investments gained 31 cents to end at $16.20, after 67,770 shares cleared the market.
At the close, the All Jamaican Composite Index lost 3,170.34 points to 426,725.56, the Main Index shed 2,802.34 points to 389,432.91 and the JSE Financial Index lost 0.79 points to settle at 101.51.
Trading for the day averaged 164,753 units at $1,129,937 for each security, compared to an average of 515,078 shares at $2,484,699 on Friday. Month to date trade averaged 315,550 units at $3,916,179, compared to 331,966 units at $4,219,492 on Friday. November averaged 623,120 units at $6,686,047.
Kingston Wharves fell $1.35 to $145.01, with 16,798 units crossing the exchange, 138 Student Living gained 43 cents to settle at $4.75, in exchanging 26,196 stock units, Palace Amusement dropped $200 to $1,100, in transferring 8 units. Pan Jam Investment dropped $4 to close at $62 after 5,631 units crossed the exchange, Pulse Investments shed 37 cents to $4.36 in trading 422,959 shares, Scotia Group fell $1.50 to $45 in an exchange of 25,605 stock units and Wisynco Group shed 33 cents to end at $16.10, with 78.736 shares crossing the exchange.
At the close, the All Jamaican Composite Index rose 1,581.20 points to 429,895.90, the Main Index advanced 1,446.63 points to 392,235.25 and the JSE Financial Index gained 0.10 points to settle at 102.30.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and seven with lower offers.
Scotia Group advanced by $5.09 to $46.50 after 6,231 stock units passed through the market, Seprod gained $2 to settle at $66, with an exchange of 10,394 stock units, Sterling Investments lost 34 cents to close at $2.56, as investors switched ownership of 1,076 units and Sygnus Credit Investments fell $1.16 to $15.94, with 429,283 shares changing hands.
At the close, the All Jamaican Composite Index advanced by 4,980.27 points to 428,314.70, the Main Index climbed 4,490.67 points to 390,788.62 and the JSE Financial Index rose 2.00 points to settle at 102.20.
Trading for the day averaged 112,844 units at $992,173 for each security, compared to an average of 95,691 shares at $922,175 on Wednesday. The average month to date trade is 309,597 units at $4,431,412 for each security, in contrast to 339,174 units at $4,948,422 on Wednesday. November averaged 623,120 units at $6,686,047.
138 Student Living gained 34 cents to end at $4.65, with 1,101 units trading, Palace Amusement dropped $100 in closing at $1,200, with 5 units passing through the market, Pan Jam Investment gained 39 cents to end at $64.39, with an exchange of 8,413 units. Sagicor Group fell by $2.49 to $47.01, with 32,983 shares crossing the exchange, Salada Foods shed 99 cents to close at $26.02 trading 500 units and Scotia Group declined by $2.59 to close at $41.41, in transferring 171,015 shares after the Group reported lower full-year profit than in 2019.
At the close, the All Jamaican Composite Index climbed 1,991.05 points to 429,520.28, the Main Index advanced by 1,803.16 points to 391,895.69 and the JSE Financial Index gained 0.90 points to settle at 102.67.
The average month to date trade is 380,065 units at $5,624,586 , in contrast to 327,822 units at $6,556,598. November averaged 623,120 units at $6,686,047.
Palace Amusement declined by $105 to $1,300 after trading 12 units, Pan Jam Investment advanced $6 to $68, with 19,919 stock units crossing the exchange, Portland JSX fell by $2 to $7, in exchanging 6,606 shares. Sagicor Group rose $2.98 to $49.50 after owners switched 8,268 units, Sagicor Real Estate Fund shed $1.48 to settle at $6.01 trading 22,100 stock units, Salada Foods ended at $27.01, with a loss of $1.97 exchanging 200 shares. Scotia Group declined $4.37 to $43.12, in clearing the market with 19,042 stock units, Supreme Ventures gained 40 cents to settle at $18, with 55,133 shares crossing the market and Sygnus Credit Investments closed 57 cents higher at $16.57, in exchanging 28,814 stock units.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and nine with lower offers.
Proven Investments dropped $1 to close at $36, in trading 15,274 units, Sagicor Group declined by $5.48 to $46.52, in clearing the market with 2,593 units, Scotia Group climbed $2.99 in closing at $47.49, with an exchange of 33,426 shares. Seprod fell $1.99 to settle at $64, in transferring 13,119 stock units, Supreme Ventures gained 49 cents in closing at $17.60, with investors switching ownership of 62,688 shares and Sygnus Credit Investments lost 99 cents to settle at $16, with an exchange of 116,506 shares.
Trading averaged 635,024 units at $28,925,756 for each security, compared to an average of 190,187 shares at $1,780,784 on Thursday. The average trade for the month to date is 289,116 units at $7,973,059 for each security, in contrast to 179,176 units at $1,313,675. November averaged 623,120 units at $6,686,047.
Salada Foods climbed $2.98 to $28.98, with 50 stocks crossing the exchange, Scotia Group lost 50 cents to finish at $44.50 trading 734,994 shares, Seprod rose $1.98 to end at $65.99, clearing the market with 20,865 stock units. Sterling Investments shed 35 cents to end at $2.85 trading 1,439,187 shares, Supreme Ventures lost 69 cents to close at $17.11, with investors swapping 4,059 units, Sygnus Credit Investments gained 99 cents to settle at $16.99 after investors switched ownership of 278,419 shares and Wisynco Group lost 40 cents to end at $16.10, in exchanging 62,549 shares.