Rising stocks dominate JSE Main Market

November 5, 2024 by
Winning stocks dominated price movements in trading on the Jamaica Stock Exchange Main Market on Tuesday, with trading in 58 securities down from 64 on Monday, with prices of 23 stocks rising, 17 declining and 18 ending unchanged resulting from an 84 percent decline in the volume of stocks traded with the value dropping 65 percent lower than on Monday.

The market closed with 5,438,609 shares trading for $43,671,309 down from 34,121,468 stock units valued at $124,264,644 on Monday.
Trading averaged 93,769 shares at $752,954 versus 533,148 stocks at $1,941,635 on Monday and month to date, an average of 291,474 units at $1,463,004 from 387,032 shares at $1,806,195 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led trading with 1.44 million shares for 26.4 percent of total volume followed by Sagicor Select Financial Fund with 1.41 million units for 25.9 percent of the day’s trade and QWI Investments with 807,877 stock units for 14.9 percent market share.
The All Jamaican Composite Index advanced 559.86 points to conclude trading at 365,474.29, the JSE Main Index rallied 769.19 points to wrap up trading at 318,514.37 and the JSE Financial Index slipped 0.14 points to end at 66.01. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and nine with lower offers.
The Main Market ended trading with an average PE Ratio of 14.7. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Berger Paints slipped 85 cents to end at $6.97 with an exchange of just 500 stock units, Eppley popped $1 in closing at $35 after a mere 5 shares passed through the market, Eppley Caribbean Property Fund rallied 40 cents to $41.55 with a transfer of just 107 units. First Rock Real Estate sank 45 cents to finish at $10 with 452 stocks crossing the exchange, Guardian Holdings lost $3 and ended at $312 with traders dealing in 386 units, Jamaica Producers dropped 85 cents to close at $21.12 with 509 stocks clearing the market. Kingston Properties increased 55 cents to close at a 52 weeks, high of $10 with investors trading 909 shares, Margaritaville sank 80 cents to end at $14.50 after a transfer of 754 stock units,  Massy Holdings climbed $2 in closing at $80 following 7,065 shares crossing the market. Mayberry Group skidded 49 cents to finish at $7.41 in an exchange of 13,110 stock units, Proven Investments rose 97 cents and ended at $19.97 trading 14,684 stocks and Sygnus Real Estate Finance gained 69 cents to close at $11.50 in an exchange of 159 stock units.

In the preference segment, Jamaica Public Service 7% advanced 63 cents to $44.90 with investors swapping 452 shares and 138 Student Living preference share fell $2 to $210 after closing with an exchange of just 1 stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Trading climbs on JSE Main market

November 4, 2024 by
Trading surged on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 177 percent as Transjamaican Highway dominated trading with the trading ending with a 34 percent higher value than on Friday, with trading in 64 securities up from 56 on Friday, with prices of 24 stocks rising, including Caribbean Cement that closed at a 52 weeks’ high of $75, 27 declined and 13 ended unchanged.

The market closed with 34,121,468 shares trading for $124,264,644 up from just 12,322,346 stock units at $92,478,739 on Friday.
Trading averaged 533,148 shares at $1,941,635 compared to 220,042 stocks at $1,651,406 on Friday and month to date, an average of 387,032 stock units at $1,806,195 compared with October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led trading with 29.52 million shares for 86.5 percent of total volume followed by Sagicor Select Financial Fund with 1.78 million units for 5.2 percent of the day’s trade and Wigton Energy with 910,857 stock units for 2.7 percent market share.
The All Jamaican Composite Index declined 524.20 points to close at 364,914.43, the JSE Main Index advanced 150.93 points to end at 317,745.18 and the JSE Financial Index rose 0.17 points to close trading at 66.15. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Carreras rallied 50 cents in closing at $11.50 after 219,637 stock units passed through the market, Eppley shed $3.44 to end at $34 with investors swapping 503 shares, Jamaica Broilers sank $2.17 to end at $36 following 49,789 units crossing the exchange. Jamaica Producers rose 97 cents and ended at $21.97 with traders dealing in 18,426 stocks, MPC Caribbean Clean Energy advanced $6.30 to finish at $84.30 with a mere 3 shares crossing the market, Proven Investments lost $1 to close at $19 with investors trading 9,173 stocks. Scotia Group popped 50 cents to $45.50 in switching ownership of 19,614 units, Sterling Investments dropped 52 cents in closing at $2.26 with investors dealing in 34,556 stock units and Sygnus Real Estate Finance sank 69 cents to close at $10.81 with a transfer of 583 shares.

In the preference segment, Eppley 7.25% preference share gained $3.39 and ended at $19.90 after investors ended trading of 15,000 units, Eppley 7.50% preference share climbed 40 cents to end at $6.40 with an exchange of 3,405 stocks, Jamaica Public Service 7% increased $4.17 to finish at $44.27 with 15 stock units changing hands and 138 Student Living preference share declined $38 and ended at $212 after a transfer of 7 shares.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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3% rally for JSE Main Market for week

November 1, 2024 by
New yearly highs in individual stocks helping to market in gaining 3 percent in value for the week greeted the new month of November at the close of trading on the Jamaica Stock Exchange Main Market on Friday as the market was pushed higher for two consecutive days even as the volume and the value of stocks traded declining by 55 percent and 42 percent respectively compared to trading on Thursday, with activities in 56securities compared with61on Thursday, with prices of 28stocks rising, 15 declining and 13 ending unchanged.

The market closed with 12,322,346 shares being traded with a value of $92,478,739 down from 27,500,921 stocks amounting to  $159,469,871 on Thursday.
Trading averaged 220,042 shares at $1,651,406 compared to 450,835 stocks at $2,614,260 on Thursday and October with an average of 205,025 stock units at $2,311,672.
QWI Investments led trading with 2.93 million shares for 23.8 percent of the total volume followed by Transjamaican Highway with 1.63 million stocks for 13.2 percent of the day’s trade, Radio Jamaica with 1.37 million stock units for 11.2 percent market share, Sagicor Select Financial Fund with 1.22 million units for 9.9 percent market share and Jamaica Producers with 1.17 million shares for 9.5 percent of total volume.
The All Jamaican Composite Index climbed 1,703.81 points to end at 365,438.63, the JSE Main Index advanced 2,601.00 points to end the day at 317,594.25 and the JSE Financial Index slipped 0.18 points to 65.98. The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.5. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of market activities, Berger Paints climbed 46 cents to finish at $8 in an exchange of 925 shares, Caribbean Cement rose 95 cents and ended at 52 weeks high of $74.95 with 2,373 stocks being traded, Guardian Holdings  gained $1 to $315 after a transfer of  1,199 shares. Jamaica Broilers popped $1.19 to end at $38.17 in switching ownership of 424,500 stock units, Jamaica Producers dipped 97 cents in closing at $21 as investors exchanged 1,170,000 shares, Key Insurance fell 40 cents to end at $2.24 with 12,406 units changing hands. Kingston Wharves gained 47 cents to $28.47 with an exchange of 579 stocks, Lasco Manufacturing advanced 52 cents to close at a 52 weeks’ high of $8 after the hitting an intraday high of $9 with 177,269 stock units crossing the market. 

The move was a results of a sharp decline in the volume of stocks on offer over the past several weeks. Massy Holdings rallied $4.95 and ended at $78 with traders dealing in 100,104 shares, NCB Financial slipped 74 cents to end at $52 with 22,706 units crossing the exchange, Proven Investments sank 50 cents in closing at $20 with investors dealing in 111,449 stocks, Scotia Group dropped 50 cents to finish at $45 and closed with 76,631 stock units changing hands. Seprod sank $1.45 to $84.55 in trading 37 shares. Sterling Investments increased 49 cents to close at a 52 weeks’ high of $2.78 after an exchange of 397,156 units and Sygnus Real Estate Finance popped $1.05 and ended at $11.50 with a transfer of 48,324 stocks.

In the preference segment, Eppley 7.25%preference share declined $3.09 in closing at $16.51 after an exchange of 1,000 stock units and Jamaica Public Service 9.5% rallied $209.99 to end at $2,899.99 with investors trading just one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

 

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Gains for JSE Main Market

October 31, 2024 by

The Jamaica Stock Exchange Main Market ended on Thursday, with gains in major market indices following trading in 61 securities down from 63 on Wednesday, with prices of 21 stocks rising, including Caribbean Cement that closed at a 52 weeks’ high of $74. Prices of 21 stocks declined, 19 ended unchanged resulting in the volume of stocks traded declining 12 percent and the value 72 percent lower than on Wednesday. The market closed with 27,500,921 shares trading for $159,469,871 compared to 31,085,446 stocks at $577,400,450 on Wednesday.

Trading averaged 450,835 shares at $2,614,260 compared to 493,420 stocks at $9,165,087 and month to date, an average of 205,025 units at $2,311,672 compared with 192,962 shares at $2,296,822 on the prior day and September  that averaged 592,167 stock units at $8,859,784.

Sagicor Select Financial Fund led trading with 6.73 million shares for 24.5 percent of total volume followed by Transjamaican Highway with 6.40 million stock units for 23.3 percent of the day’s trade, Wigton Windfarm with 6.23 million stock units for 22.6 percent market share and Radio Jamaica with 2.29 million shares for 8.3 percent of total volume.

The All Jamaican Composite Index climbed 3,211.53 points to end trading at 363,734.82, the JSE Main Index gained 2,216.56 points to finish at 314,993.25 and the JSE Financial Index popped 0.77 points to conclude trading at 66.16. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 1.46. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Caribbean Cement climbed $1.52 and ended at a 52 weeks; high of $74 with investors trading 724,184 stocks, Eppley popped $4.44 to $37.44 in an exchange of 69 units, Eppley Caribbean Property Fund fell 40 cents to finish at $41.15 after one share was traded. General Accident rallied 80 cents in closing at $6.80 after an exchange of 1,411 stock units, GraceKennedy increased 70 cents to close at $74 with investors dealing in 294,785 shares, Guardian Holdings gained $9 to end at $314 with 177 stocks clearing the market. Jamaica Broilers rose $1.98 in closing at $36.98 with trading of 29,321 stock units, Kingston Wharves advanced $2.50 to $28 after a transfer of 6,566 stocks, Massy Holdings sank 95 cents to end at $73.05 after 224 shares passed through the market. MPC Caribbean Clean Energy popped $1.50 and ended at $78 with a transfer of 110 stock units, NCB Financial rallied $1.04 to close at $52.74 with 70,105 units changing hands, Proven Investments climbed 50 cents to finish at $20.50 as investors exchanged 47,031 stocks. Sagicor Real Estate Fund rose 75 cents and ended at $8.50 in trading 864,708 shares, Salada Foods dipped 40 cents to $3.15 after an exchange of 24,502 stocks, Scotia Group rallied 50 cents in closing at $45.50 with an exchange of 27,625 units and Seprod gained $3 to close at $86 with 44,658 stock units crossing the exchange.

In the preference segment, Eppley 7.50% preference share sank 99 cents to end at $5.61 with investors swapping 112 shares and 138 Student Living preference share advanced $38 to finish at $250 with an exchange of 242 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. 

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading climbs prices fall on Main Market

October 30, 2024 by
Trading delivered a 49 percent surge in the volume of stocks traded on Wednesday with a mere 6 percent higher value than on Tuesday, with JPS 9.5% preferred shares accounting for 45 percent of the value traded on the Jamaica Stock Exchange Main Market, following activities in 63 securities down from 64 on Tuesday, with prices of 19 rising, 27 declining and 17 ending unchanged.
The market closed with trading of 31,085,446 shares with a value of 577,400,450 compared to 20,801,626 stocks at $546,832,127 on Tuesday.

Trading ended with an average of 493,420 shares at $9,165,087 up from 325,025 stocks at $8,544,252 on Tuesday and for the month to date, an average of 192,962 units at $2,296,822 from 176,921 shares at $1,930,127 on the previous day and well below September with an average of 592,167 stock units at $8,859,784 each.
Sagicor Select Financial Fund led trading with 11.31 million shares for 36.4 percent of total volume followed by Wigton Windfarm with 3.41 million stocks for 11 percent of the day’s trade, Kingston Wharves closed with 2.59 million units for 8.3 percent market share, Transjamaican Highway ended with 2.55 million shares for 8.2 percent market share, Jamaica Producers finished with 2.41 million stock units for 7.7 percent market share and Sterling Investments with 1.91 million units for 6.2 percent of total volume.
The All Jamaican Composite Index dropped 1,773.41 points to wrap up trading at 360,523.29, the JSE Main Index sank 1,652.50 points to end at 312,776.69 and the JSE Financial Index slipped 0.52 points to finish at 65.39. The Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close, Barita Investments advanced 95 cents to finish at $75.95 after 5,124 shares passed through the market, Caribbean Cement rose 48 cents and ended at $72.48 after an exchange of 13,659 stocks, Eppley shed $4.44 to $33 after trading 143 shares. General Accident sank 79 cents to end at $6 with 2,132 stock units crossing the exchange, 

GraceKennedy skidded 65 cents in closing at $73.30 with 225,867 shares changing hands, Guardian Holdings sank $9 to close at $305 with investors trading 710 units. Jamaica Broilers declined $1.99 to $35 with 930,147 stocks clearing the market, Kingston Wharves lost $2.35 to finish at $25.50 in an exchange of 2,591,500 stock units, Massy Holdings dropped $3 and ended at $74 with investors swapping 6,046 shares. 138 Student Living gained 55 cents to end at $4.55 with an exchange of 40,031 stock units, Pan Jamaica popped 50 cents in closing at $49.50 with 450,465 stock units crossing the market, Proven Investments rallied $1.25 to close at $20 as investors exchanged 52,132 units and Scotia Group fell 50 cents to $45 and closed with an exchange of 589,834 shares.

In the preference segment, Eppley 7.25% preference share increased 60 cents to close at $19.60 with investors dealing in 350,000 units, Jamaica Public Service 7% slipped $4.89 in closing at $40.11 after an exchange of 12 stocks and 138 Student Living preference share climbed $12.26 and ended at $212 with a transfer of 201 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Stocks surged on the JSE Main Market

October 29, 2024 by

Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 4 percent and the value surging 157 percent over that on Monday, with NCB Financial accounting for $478 million of the total value, following activities in 64 securities compared with 63 on Monday, with prices of 28 rising, 16 declining and 20 ending unchanged.
The market closed with 20,801,626 shares being traded at $546,832,127 compared with 21,633,014 stocks at $212,763,504 on Monday.
Trading averaged 325,025 shares at $8,544,252 compared to 343,381 stocks at $3,377,198 on Monday and for the month to date, an average of 176,921 stocks at $1,930,127 up from 168,427 shares at $1,550,822 on the previous day and September with an average of 592,167 stock units at $8,859,784.
NCB Financial led trading with 9.26 million shares for 44.5 percent of total volume followed by Sagicor Select Financial Fund with 2.79 million stocks for 13.4 percent of the day’s trade, Wigton Windfarm with 1.30 million units for 6.3 percent market share. Radio Jamaica contributed 1.23 million shares for 5.9 percent market share and Transjamaican Highway with 1.11 million units for 5.3 percent of total volume.
The All Jamaican Composite Index climbed 3,524.53 points to end trading at 362,296.70, the JSE Main Index increased 3,581.63 points to conclude trading at 314,429.19 and the JSE Financial Index popped 0.74 points to end the day at 65.91. The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasted by the ICInsider.com for companies with the financial year ending around August 2025.
At the close, Barita Investments fell 97 cents to $75 with investors swapping 1,739 stock units, Caribbean Cement rallied $1.98 to finish at $72 with an exchange of 8,001 shares, Guardian Holdings dipped $1 and ended at $314 with 146 stocks crossing the market. Jamaica Producers popped $1.70 to close at $21.95 with investors dealing in 68,937 units, Jamaica Stock Exchange climbed 70 cents to end at $10.90 in switching ownership of 305,566 stocks, Kingston Wharves increased $1.24 in closing at $27.85 with traders dealing in 41,198 units. Massy Holdings advanced $4 to $77 after an exchange of 618 shares, Mayberry Group rose 78 cents in closing at $8.25 after 89,027 stock units passed through the market, Mayberry Jamaican Equities gained $1.14 and ended at $10.14 in an exchange of 40,470 shares. MPC Caribbean Clean Energy popped $1.50 to end at $76.50 with a mere one stock crossing the market, NCB Financial sank $1.14 to finish at $51.61 with a transfer of 9,260,670 units, Pan Jamaica gained $1.70 to close at $49 as investors exchanged 221,766 stock units. Proven Investments rose $1.75 to $18.75 with 502,035 shares changing hands and Supreme Ventures popped 40 cents to close at $21.90 with investors trading 50,111 stock units.

In the preference segment, Jamaica Public Service 7% skidded 98 cents to finish at $45 with 35 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Trading jumps on the JSE Main Market

October 28, 2024 by

Trading on the Jamaica Stock Exchange Main Market ended on Monday, with a 195 percent jump in the volume of stocks that were exchanged with the value jumping 138 percent more than on Friday, following activities in 63 securities up from just 56 on Friday, with prices of 30 rising, 15 declining and 18 ending unchanged.
 The market closed with 21,633,014 shares trading for $212,763,504 well above the 7,336,905 stock units at $89,342,295 on Friday.

Trading averaged 343,381 shares at $3,377,198 compared to 131,016 stocks at $1,595,398 on Friday and for the month to date, an average of 168,427 units at $1,550,822 up from 157,960 shares at $1,441,552 on the previous day and September with an average of 592,167 stock units at $8,859,784.
Sterling Investments led trading with 7.96 million shares for 36.8 percent of total volume followed by Palace Amusement with 4.67 million stock units for 21.6 percent of the day’s trade, Transjamaican Highway with 2.42 million shares for 11.2 percent market share and Wisynco Group with 1.07 million units for 4.9 percent of total volume.
The All Jamaican Composite Index advanced 3,750.99 points to conclude trading at 358,772.17, the JSE Main Index gained 2,888.42 points to end at 310,847.56 and the JSE Financial Index inched 1.08 points higher to 65.17. At the close, Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of trading, Caribbean Cement advanced $1.02 to $70.02 in an exchange of 88,726 stocks, Eppley Caribbean Property Fund rose $3.80 to end at $41.81 with 243 units clearing the market, First Rock Real Estate climbed 69 cents in closing at $10.80 in an exchange of 3,037 shares. GraceKennedy increased $1.15 to finish at $74.25 with 854,217 stock units crossing the market, Jamaica Broilers fell $1.01 and ended at $36.97 with a transfer of 20,961 shares, Jamaica Producers sank 50 cents to close at $20.25 in trading 792 stock units. JMMB Group popped 72 cents to $23.50 in switching ownership of 220,786 units, Kingston Wharves dipped 74 cents to finish at $26.61 with investors trading 3,136 stocks, Massy Holdings lost $4 and ended at $73 with 688 units changing hands. Mayberry Group dropped 53 cents to end at $7.47 after 121,061 shares passed through the market, NCB Financial rallied 94 cents in closing at $52.75 with investors swapping 795,178 stocks, Pan Jamaica shed 48 cents to close at $47.30 with 103,686 stocks crossing the market. Proven Investments gained 67 cents to $17 with traders dealing in 23,986 shares, Sagicor Group climbed $1.20 to $40.20 as investors exchanged 589,522 units, Sagicor Real Estate Fund climbed 51 cents and ended at $7.87 in trading 501 stocks. Scotia Group increased $1.10 to end at $45.50 after a transfer of 76,327 stock units, Supreme Ventures sank 50 cents in closing at $21.50 with investors dealing in 167,027 shares, Sygnus Credit Investments popped 45 cents to close at $11.79 after 3,048 stocks passed through the market and Wisynco Group gained 45 cents to $21.45 with an exchange of 1,065,613 units.

In the preference segment, Eppley 7.25% preference share skidded 58 cents to close at $19 with investors trading 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mixed trading on JSE Main Market

October 25, 2024 by
Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 56 percent with a 9 percent higher the value than at the close on Thursday, with trading occurring in 56 securities compared with 55, with prices of 23 stocks rising, 14 declining and 19 ending unchanged.
The market closed with 7,336,905 shares trading for $89,342,295 ,up from 4,696,332 units valued at $82,080,955 on Thursday.

Trading averaged 131,016 shares at $1,595,398 compared to 85,388 stocks at $1,492,381 on Thursday and month to date, an average of 157,960 units at $1,441,552 in contrast with 159,473 shares at $1,432,910 on the previous day and September with an average of 592,167 stock units at $8,859,784.

Wisynco Group led trading with 1.97 million shares for 26.9 percent of total volume followed by Wigton Windfarm with 1.61 million units for 21.9 percent of the day’s trade and Sagicor Select Financial Fund with 744,800 stock units for 10.2 percent market share.

The All Jamaican Composite Index declined 1,387.15 points to finish at 355,021.18, the JSE Main Index gained 619.24 points to close at 307,959.14, following the rebound in Guardian Holdings stock price and the JSE Financial Index slipped 0.49 points to wrap up trading at 64.09. The Investor’s Choice bid-offer indicator closed with a fairly balanced position, with eight stocks endi9ng with bids higher than their last selling prices and six with lower offers.

The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.

At the close of the market for the week, AS Bryden skidded 50 cents to end at $34 with c 2,874 stocks crossing the market, Barita Investments gained $1.01 in closing at $75.98 with a transfer of 318 units, Caribbean Cement rose $1 to $69 with 38,256 shares changing hands. Eppley rallied $4.50 and ended at $37.50 after closing with 10 stock units being traded, First Rock Real Estate sank 69 cents to finish at $10.11 in an exchange of 131 shares, GraceKennedy shed 90 cents to close at $73.10 with investors trading 19,186 stock units. Guardian Holdings rebounded with a rise of $14 to $315 after an exchange of 12,365 stocks, after the stock hit an intraday 52 weeks’ low of $270, Jamaica Broilers popped $2.68 in closing at $37.98 in trading 26,859 units and now seems poised to break away for the mid to low $30 price range, Jamaica Producers advanced 72 cents and ended at $20.75 after an exchange of 510 shares. JMMB Group climbed $1.57 to finish at $22.78 trading 29,072 stock units, Massy Holdings rose $2 to end at $77 with 6,874 units crossing the exchange, Sagicor Real Estate Fund fell 51 cents to close at $7.36 after a transfer of 115 stocks. Scotia Group slipped 75 cents to $44.40 with a solid volume of 487,496 shares crossing the market and Sygnus Real Estate Finance climbed 64 cents and ended at $10.65 as investors exchanged 54 stock units.

In the preference segment, Jamaica Public Service 7% increased $5.99 to finish at $45.99 with 112 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Main Market plunged on Jamaica Stock Exchange

October 24, 2024 by
Trading volume dropped a sharp 59 percent on Thursday as the flow of funds passing through the market jumped 41 percent over trading on the prior day, at the close of the Jamaica Stock Exchange Main Market, resulting from activities in 55 securities down from 58 on Wednesday, with prices of 13 rising, 28 declining and 14 ending unchanged as the JSE Main Index dived 4,183.75 points to 307,339.90.
The market closed with trading of 4,696,332 shares for $82,080,955 compared with 11,422,541 units at $58,122,200 on Wednesday. Trading ended with an average of 85,388 shares at $1,492,381 compared to 196,940 stocks at $1,002,107 on Wednesday and for the month to date an average of 159,473 shares at an average value of $1,432,91 compared with 163,799 shares at $1,429,438 on the prior day and September with an average of 592,167 stocks at $8,859,784. 
Jamaica Broilers led trading with 1.27 million shares for 27 percent of total volume followed by Transjamaican Highway with 735,129 units for 15.7 percent of the day’s trade and Wigton Windfarm with 628,302 stock units for 13.4 percent market share.

The All Jamaican Composite Index rose 115.21 points to finish at 356,408.33 and the JSE Financial Index shed 0.61 points to end at 64.58. The Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 14.1.The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.

At the close of a lacklustre day of trading, AS Bryden declined 99 cents and ended at $34.50 in the trading of 1,490 shares, Caribbean Cement sank 98 cents to $68 with 2,305 stocks changing hands, Eppley dropped $4 to close at $33 in an exchange of 2,769 shares. Eppley Caribbean Property Fund shed $3.89 to finish at $38.01 with 1,009 stock units crossing the market, Guardian Holdings fell $13.99 in closing at $301 after trading of 7 shares, Jamaica Broilers skidded $1.45 to end at $35.30 after an exchange of 1,267,657 stocks. Jamaica Producers sank 72 cents to $20.03 with a transfer of 5,724 units, Jamaica Stock Exchange dipped 51 cents and ended at $10.13 with investors dealing in 931 stock units, JMMB Group lost $1.69 to finish at $21.21 with 9,772 shares crossing the exchange. Massy Holdings slipped $3 to close at $75 with investors swapping 25,040 units, after hitting a intraday 52 weeks’ low of $65. Mayberry Group increased 84 cents in closing at $8.10 after 2,779 stocks passed through the market, Mayberry Jamaican Equities fell $1.25 to end at $9 after a transfer of 129,859 stock units. NCB Financial skidded 99 cents to $52 with 356,556 shares crossing the market, Scotia Group climbed $1 in closing at $45.15 as investors exchanged 16,206 stocks, Seprod popped $1.50 to end at $83 after closing with 1,641 units changing hands. Sygnus Credit Investments sank 68 cents and ended at $11.30 with investors trading 113,891 stock units and Sygnus Real Estate Finance slipped 72 cents to close at $10.01 in switching ownership of 251 shares.

In the preference segment, Jamaica Public Service 7% sank $5.99 to finish at $40 with 285 stocks clearing the market and Sygnus Credit Investments C10.5% declined 40 cents and ended at $104.60 with investors trading 1,017 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Big leap for Jamaican stocks

October 23, 2024 by

Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising just 5 percent with a 13 percent lower value than on Tuesday, with trading in 58 securities compared with 60 on Tuesday, with prices of 27 stocks rising, 20 declining and 11 ending unchanged and resulted in a spike in the major market indices.
The market closed with 11,422,541 shares trading for $58,122,200 compared with 10,864,715 units at $66,883,337 on Tuesday.

Trading averaged 196,940 shares at $1,002,107 compared to 181,079 units at $1,114,722 on Tuesday and month to date, an average of 163,799 stock units at $1,429,438 compared with 161,624 units at $1,457,476 on the previous day and September with an average of 592,167 units at $8,859,784.

Amusement led trading with 4.75 million shares for 41.6 percent of total volume followed by Wigton Windfarm with 1.86 million stock units for 16.3 percent of the day’s trade, QWI Investments closed with 1.43 million units for 12.5 percent market share and Transjamaican Highway with 1.05 million shares for 9.2 percent of total volume.

The All Jamaican Composite Index rallied 4,324.48 points to settle at 356,293.12, the JSE Main Index popped 2,035.29 points to wrap up trading at 311,523.65 and the JSE Financial Index rose 1.26 points to finish at 65.19.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.

Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.

At the close, Barita Investments sank $1.41 to end at $74.99 with investors swapping 30,208 shares, Berger Paints popped $1.45 in closing at $8 with just 10 stocks crossing the market, Eppley climbed 81 cents to $37 in trading 1,013 shares. Eppley Caribbean Property Fund rose $2.90 and ended at $41.90 with 47 stock units clearing the market, Guardian Holdings slipped $13.01 to close at $314.99 after a transfer of 5,902 shares, Jamaica Broilers advanced 99 cents to finish at $36.75 in switching ownership of 5,947 stocks. Jamaica Stock Exchange gained 53 cents to $10.64 as investors exchanged 6,809 units, JMMB Group rallied $1.85 to close at $22.90 in trading 15,819 stock units, Mayberry Group fell 79 cents and ended at $7.26 in an exchange of 51,174 shares. NCB Financial shed 41 cents to end at $52.99 after 20,137 stocks passed through the market, Sagicor Group increased $2 in closing at $39 with an exchange of 120 units and Seprod popped 80 cents to finish at $81.50 with 15,447 stock units changing hands.

In the preference segment, Jamaica Public Service 9.5% sank $210 to $2690 after an exchange of 1,133 shares and Sygnus Credit Investments C10.5% increased 40 cents in closing at $105 with investors dealing in 39 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,