Jamaica Stock Exchange’s main market lost altitude in Thursday’s trading as declining stocks edged out advancing ones on a day with moderately less volume trading at a higher value than on Wednesday.
At the close, the JSE All Jamaican Composite Index declined 505.76 points to 416,769.58, the JSE Market Index shed 457.79 points to close at 379,953.77 and the JSE Financial Index lost 0.99 points to end at 99.73.
The market closed with 43 securities changing hands in the Main and US dollar markets with prices of 17 stocks advancing, 19 declining and seven securities trading firm. The JSE Main Market activity ended with 41 securities accounting for 11,035,315 units valued $112,835,625, in contrast to 11,610,708 units valued at $178,231,093 from 46 securities on Wednesday.
Trading was more evenly spread among stocks, than for some time and ended, with Wigton Windfarm trading 2.4 million shares for 21.5 percent of total volume. Trans Jamaican Highway followed with 2.05 million units for 18.6 percent of the day’s trade and Sagicor Select Financial Fund, with 2 million units for 18 percent market share.
The Market closed with an average of 269,154 units of $2,752,088 for each security traded, in contrast to 283,188 units valued at an average of $4,347,100 on Wednesday.
The average volume and value for the month to date amount to 348,777 units valued at $2,908,729 for each security changing hands, compared to 354,034 units with an average value of $2,919,802. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
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 eight stocks closing with lower offers. The PE ratio of the market ended at 14.4, while the Main Market ended at 14.8 times 2020-21 earnings.
In the Main Market activity, Barita Investments closed 50 cents lower at $50.50, in exchanging 6,647 units, Caribbean Cement shed 49 cents trading 9,810 units and closed at $49.50, Jamaica Producers fell $1.40 to $20.10, with a transfer of 168,477 shares. Jamaica Stock Exchange added $1.07 to end at $22.97, after swapping 66,339 shares, Key Insurance declined to $4.50, with a loss of $1 after exchanging 97,762 shares, Kingston Properties gained 30 cents to finish at $6.30, in transferring 6,000 units. Kingston Wharves climbed $4.25 to $58.25, with 1,327 units changing hands,
Mayberry Investments lost 40 cents to close at $5.60 with 30,485 stock units changing hands, Mayberry Jamaican Equities exchanged 27,317 stock units after shedding 60 cents to end at $9.40, and is trading at an 11.5 percent premium to the Net Asset Value as of May 18, of J$8.15. Palace Amusement closed $200 lower to $1,100, in trading 81 units, Proven Investments lost 50 cents to settle at $34.50 in swapping 2,417 units, Salada Foods declined to $26, with a loss of $2 after transferring 9,397 units. Scotia Group closed at $44, after losing $1 and exchanging 5,173 units and Sygnus Credit Investments ended the day 90 cents higher at $16, with 4,069 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 46 securities changing hands in the Main and US dollar markets with prices of 15 stocks advancing, 16 declining and 15 securities trading firm. The JSE Main Market activity ended with 41 securities changing hands accounting for 11,610,708 units valued at $178,231,093, in contrast to 17,254,018 units valued at $121,600,273 from 45 securities on Tuesday.
The average volume and value for the month to date amount to 354,034 units valued at $2,919,802 for each security changing hands, compared to 359,042 units with an average of $2,811,232. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
Jamaica Producers gained 50 cents transferring 262,775 shares and closed at $21.50, Jamaica Stock Exchange advanced $1.10 to $21.90, in trading 29,956 stock units. Key Insurance fell 70 cents to $5.50, with an exchange of 34,397 stock units, Mayberry Jamaican Equities gained 63 cents to end at $10, after swapping 15,664 units, NCB Financial Group declined by $10 to end at $140, after exchanging 397,829 shares. Palace Amusement ended the day’s trade $60 lower at $1,300, in transferring 50 units, Proven Investments fell $1 to $35, with 1,284 units changing hands, Sagicor Group picked up 49 cents to finish at $45.49, in trading 84,426 shares and Scotia Group closed at $45, with gains of $1 exchanging 92,849 shares.
At the close, the JSE All Jamaican Composite Index dropped 4,151.98 points to 409,869.77, the JSE Market Index declined by 3,680.65 points to 373,751.19 and the JSE Financial Index shed 2.12 points to close at 98.86.
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 seven stocks closing with lower offers. The PE ratio of the market ended at 14.4, while the Main Market ended at 14.8 times 2020-21 earnings.
PanJam Investment shed 45 cents to settle at $75.75, in trading 9,717 units, Portland JSX picked up 94 cents swapping a mere five units to end at $8.60. Sagicor Group finished 50 cents lower at $45, with an exchange of 80,664 shares, Salada Foods added $1 to end at $28, in transferring 420 units, Scotia Group closed at $44, with a loss of $1 in trading 95,850 shares.
At the close, the JSE All Jamaican Composite Index advanced by 2,548.29 points to 414,021.75, the JSE Market Index climbed 2,365.35 points to 377,431.84 and the JSE Financial Index rose 0.56 points to 100.98.
The average volume and value for the month to date amount to 356,991 units valued at $2,821,161 for each security changing hands, compared to 344,979 units with an average cost of $2,844,401. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
Mayberry Jamaican Equities closed 45 cents higher at $9.44, in swapping 33,490 stock units, 138 Student Living fell by $1.80 to $7, after trading 20,700 units, Proven Investments shed 60 cents to settle at $35.90, with 11,305 units changing hands. Salada Foods climbed $2 to $27, transferring 1,024 units, Scotia Group advanced by $$2.98 to $45, with an exchange of 59,670 shares, Supreme Ventures closed $1.36 lower to $14.01, after swapping 935,846 shares. Sygnus Credit Investments declined by $3.45 to end at $15.15, in trading 266,450 stock us and Victoria Mutual Investments shed 63 cents transferring 550,159 shares to finish at $7.17.
The JSE Market Index lost 2,003.95 points to end at 375,066.49, the JSE Financial Index inched 1.04 points lower to 100.42 and the PE ratio of the market ended at 14.1, while the Main Market ended at 14.4 times 2020-21 earnings.
The average volume and value for the month to date amount to 344,979 units valued at $2,844,401 for each security changing hands, compared to 322,299 units with an average of $2,746,160. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
MPC Caribbean Clean Energy declined by $1 to $175 after trading 1,000 units, NCB Financial closed at $150, with gains of $1 in swapping 82,819 shares. 138 Student Living added 80 cents to reach $8.80, after exchanging 43,495 stock units, PanJam Investment declined by $4 to settle at $76, in transferring 126,313 shares, Sagicor Real Estate Fund gained 45 cents trading 1,905 units at $7.95. Salada Foods dropped $3.50 to $25, in exchanging 8,263 units, Scotia Group shed $5.38 to close at $42.02, with 85,576 shares crossing the exchange, Seprod closed 49 cents higher at $49.99 after transferring 4,857 units and Sygnus Credit Investments shed 79 cents to end at $18.60, with 27,602 stock units changing hands.
At the close, the JSE All Jamaican Composite Index rebounded 2,484.31 points to 413,689.01, the JSE Market Index climbed 2,275.43 points to 377,070.44 and the JSE Financial Index gained 0.98 points to 101.46.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
Palace Amusement advanced $100 to $1,500 with just 21 units changing hands, Portland JSX gained 36 cents to settle at $7.66, in an exchange of 9,300 units, Sagicor Group shed 90 cents to end at $45.50, in switching ownership of 124,406 shares. Sagicor Real Estate Fund lost 39 cents transferring 500 units and closed at $7.50, Salada Foods fell by $1.50 to $28.50, with an exchange of 3,525 units, Scotia Group gained $2.40 and ended at $47.40, in trading 750 units. Seprod had 17,733 stock units changing hands at $49.50, after rising $3. Supreme Ventures shed 80 cents to end at $15.45, with 1,042,478 shares crossing the exchange, Sygnus Credit Investments climbed $2.39 to $19.39, in transferring 10,451 units, Victoria Mutual Investments lost 43 cents in exchanging 158,093 shares to close at $7.57 and Wisynco Group shed 90 cents to end at $17.95 in trading 582,316 shares.
At the close of the market, the JSE All Jamaican Composite Index lost 1,208.25 points to end at 411,204.70, the JSE Market Index fell 981.01 points to 374,795.01 and the JSE Financial Index lost 0.49 points to 100.48.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
Pan Jam Investment climbed $2 exchanging 1,256 units to settle at $80. Portland JSX closed $1.40 lower at $7.30 with 100 units changing hands, Sagicor Group added 41 cents to reach $46.40, with 9,447 units passing through the market, Scotia Group ended at $45, with a loss of $3 trading 704,571 shares. Seprod exchanged 41,542 shares at $46.50, after shedding $2.50. Supreme Ventures advanced by $1.25 to $16.25, with 101,618 shares crossing the exchange, Sygnus Credit Investments shed 48 cents to end at $17, in trading 369,311 shares, VM Wealth Investments gained 70 cents exchanging 305,611 shares and closed at $$8 and Wisynco Group added 95 cents to end at $18.85, with 265,968 shares changing hands.
At the close of the market, the JSE All Jamaican Composite Index advanced by 1,038.41 points to 412,412.95, the JSE Market Index added 828.05 points to close at 375,776.02 and the JSE Financial Index rose 0.14 points to 100.97.
The average volume and value for the month to date amount to 327,294 units valued at $2,813,578 for each security changing hands, compared to 336,031 units with an average of $2,945,387. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
MPC Caribbean Clean Energy dropped $25.50 to close at $150, in swapping 666 units, NCB Financial Group closed $4 higher at $149.01, after transferring 76,046 shares, 138 Student Living rose 40 cents to settle at $6.45, in trading a mere 28 units. Pan Jam Investment gained 30 cents to settle at $78, with 115,267 shares changing hands, Sagicor Group closed 49 cents higher trading 152,383 shares to finish at $45.99, Sagicor Real Estate Fund ended the day with gains of $1.44 to hit $7.94, in swapping 250 units. Salada Foods advanced $1 to $30, in transferring 354 units, Scotia Group closed at $48, with gains of $1 after an exchange of 14,705 stock units, Seprod traded $1.50 higher at $49 with 19,359 units changing hands. Sygnus Credit Investments ended at $17.48, after rising $1.28 and trading 80,501 shares and Wisynco Group rose 37 cents to close at $17.90, with 560,921 shares crossing the exchange.
The market closed with 48 securities changing hands in the Main and US dollar markets with prices of 14 stocks rising, 17 declining and 17 securities trading unchanged. The JSE All Jamaican Composite Index ended 830.48 points higher at 411,374.54, the JSE Market Index added 751.79 points to close at 374,947.97 and the JSE Financial Index inched 0.16 points higher to 100.83.
The average volume and value for the month to date amount to 336,031 units valued at $2,945,387 for each security changing hands, compared to 340,094 units with an average value of $3,082,315. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
Mayberry Investments picked up 42 cents trading 8,200 units to end at $5.75, Mayberry Jamaican Equities closed $1.10 higher at $11, with 26,000 shares crossing the exchange, NCB Financial Group fell 49 cents to settle at $145.01, in transferring 85,741 shares. 138 Student Living shed 45 cents swapping 16,048 units and closed at $6.05, Palace Amusement fell by $50 to $1,400, with 93 units changing hands, Sagicor Real Estate Fund ended $1.45 lower at $6.50, after transferring 10,367 units. Scotia Group closed at $47, with a loss of 99 cents exchanging 8,863 units, Seprod jumped $3.49 in trading 70,599 shares at $47.50 after the company reported first quarter profits that doubled that of last year and Sygnus Credit Investments fell 73 cents to end at $16.20, with 4,189 units changing hands.
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 five stocks closing with lower offers. The PE ratio of the market ended at 13.9, while the Main Market ended at 14.2 times 2020-21 earnings.
NCB Financial Group added 50 cents to finish at $145.50, in trading 304,742 shares, Palace Amusement fell by $50 to $1,450, in swapping 238 units, Pulse Investments ended at $2.10, with a loss of 35 cents, with 4,295,911 shares changing hands. Sagicor Group shed 90 cents to finish at $45.50 trading 7,944 units, Scotia Group closed at $47.99, with gains of $3.99 transferring 949,370 shares, Seprod ended $1.99 lower at $44.01, with an exchange of 10,750 units. Supreme Ventures picked up 70 cents with the transfer of 171,031 shares and closed at $14.70, Sygnus Credit Investments gained 68 cents to end at $16.93, after swapping 33,349 stock units and Wisynco Group ended the day with a gain of 50 cents at $17.50, in trading 144,741 shares.