JSE Main Market rallies, down in August

Stocks rallied into month end as rising stocks exceeded decliners, greater than two to one at the end of market activity on Tuesday, but closed out August more than 3,600 points below the July close, with the volume of shares trading on Tuesday rising 82 percent and the value inched 11 percent higher than Monday, on the Jamaica Stock Exchange Main Market.  
The All Jamaican Composite Index spiked 2,773.29 points to 459,842.64, the JSE Main Index climbed 2,670.20 points to 417,864.90 and the JSE Financial Index popped 0.59 points to close trading at 101.46.
Market participation remained elevated with 50 securities traded compared to 51 on Monday, leading to a rise of 28 stocks, 11 declining and 11 closing unchanged. The PE Ratio, a measure used to compute appropriate stock values, averages 16.3 based on ICInsider.com’s 2021-22 earnings forecast.
The market closed with 17,371,190 shares trading for $150,660,788 versus 15,594,454 units at $851,732,015 on Monday. Radio Jamaica led trading with 48.2 percent after exchanging 8.37 million shares, followed by Wigton Windfarm 13.3 percent, with 2.31 million units and Sagicor Group 6.8 percent with 1.18 million shares.
Trading averages 347,424 units at $3,013,216, versus 305,774 shares at $16,700,628 on Monday and month to date, an average of 480,039 units at $8,561,190,compared to 487,063 units at $8,855,045 on Monday. July closed with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 17 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement dropped $4 to $106 exchanging 11,162 shares, Caribbean Producers slipped 35 cents to $4.35 after trading 38,382 stock units, Eppley popped $2.35 to $41.35, with 2,083 shares changing hands, Eppley Caribbean Property Fund surged $8.44 to $46.75 in switching ownership of 125,066 units, First Rock Capital gained $1.35 to end at $13.75 in swapping of 4,396 shares. GraceKennedy fell $2 to $102, with 65,411 stocks changing hands, Guardian Holdings spiked $9 to $590 in trading 1,338 units, Jamaica Broilers popped $1.05 to $34.45 exchanging 62,613 stock units. Jamaica Producers advanced 50 cents to $24.50 in trading 19,496 units, Jamaica Stock Exchange jumped 85 cents to $18, with an exchange of 93,267 shares, JMMB Group lost 70 cents in closing at $38 after 141,511 stock units crossed the market. Kingston Wharves climbed $2.25 to $48.75, with 878 units changing hands, Mayberry Investments shed 39 cents to $5.75 in switching ownership of 11,020 shares. Mayberry Jamaican Equities increased 30 cents to $9.30 while exchanging 1,960 stocks, MPC Caribbean Clean Energy dived $10.50 to $125.50 after trading 40 stock units, NCB Financial Group advanced 99 cents to $132.99 with an exchange of 7,642 shares. PanJam Investment popped $2 to end at $64, with 4,216 stock units clearing the market, Pulse Investments rallied 26 cents to close at $3.60 after exchanging 435,638 units. Radio Jamaica dived 70 cents to $3.50 after exchanging 8,366,194 stock units, Sagicor Group rose $1.10 to end at $58 in trading 1,176,211 units, Scotia Group rallied 70 cents in closing at $39.50, with 4,106 stock units crossing the market. Seprod rose 79 cents to $64.79 in exchanging 2,978 shares and Sygnus Credit Investments popped 65 cents to $17 with the swapping of 203,098 units.
In the preference segment, JMMB Group 7.25% rallied 19 cents to $1.30 after trading 426,970 stock units and JMMB Group 7.35% – 2028 climbed 17 cents in closing at $3.20 while exchanging 237,799 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. 

JSE Main Market suffers setback on Monday

Market activity ended on the Main Market on Monday with the volume of shares trading marginally lower, with the value jumping 394 percent from Friday and the market indices falling, as declining stocks outnumbered rising ones by some distance.
The market closed, with the All Jamaican Composite Index lost 641.27 points to end at 457,069.35. The JSE main Index dropped 520.39 points to 415,194.70 and the JSE Financial Index lost 0.26 points to settle at 100.87.
A total of 51 securities traded on Monday compared to 49 that traded on Friday, and ended, with 17 stocks rising, 25 declining and nine remained unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 15.7 based on ICInsider.com’s earnings forecast for 2021-22. The market closed with 15,594,454 shares  changing hands for $851,732,015 as NCB Financial dominated trading on Monday, versus 15,660,104 units at $172,250,884 on Friday.
NCB Financial led trading with 37.3 percent of total volume as 5.81 million shares changed hands, followed by Wigton Windfarm 11.6 percent, with 1.81 million units, 1834 Investments 9.9 percent market share, with 1.55 million units, Transjamaican Highway with 8.3 percent market share or 1.29 million units, Sygnus Credit Investments 8.1 percent market share, with 1.26 million units and Radio Jamaica 6.6 percent market share, with an exchange of 1.03 million units.
Trading averaged 305,774 units at $16,700,628, compared to 319,594 shares at $3,515,324 on Friday and month to date an average of 487,063 units at $8,855,423, in contrast to 497,417 units at $8,407,376 on Friday. July closed with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments lost 48 cents to end at $92.52 with 242,695 shares changing hands, Berger Paints advanced 61 cents to $13.74 with a transfer of 24,016 stock units, Caribbean Cement shed $2.99 to end at $110, with 16,989 units traded. Eppley fell $1.50 to $39 with an exchange of 1,257 stocks, Eppley Caribbean Property Fund climbed 31 cents to $38.31 with 300 shares passing through the market, First Rock Capital gained 28 cents to close at $12.40 with 65,667 stock units changing hands. GraceKennedy rallied 99 cents to $104 with a transfer of 14,480 stocks, Guardian Holdings lost $3 to end at $581 with 4,691 units traded, Jamaica Broilers popped 30 cents to $33.40 with an exchange of 1,738 shares. Jamaica Producers fell 50 cents to $24 with 4,623 stock units passing through the market, Jamaica Stock Exchange popped 55 cents to $17.15 with 64,297 units changing hands, JMMB Group rallied $1 to $38.70 with a transfer of 183,748 stocks. Kingston Properties climbed $1.25 to $10.25 with 220 stock units traded, Kingston Wharves dropped $2 to $46.50 with an exchange of100,933 shares, Mayberry Investments advanced 39 cents to $6.14 with investors switching ownership of 2,636 units. Mayberry Jamaican Equities lost 25 cents to end at $9 with 24,756 stocks changing hands, NCB Financial Group climbed 90 cents to $132 with an exchange of 5,809,459 shares, Palace Amusement shed $5.01 to close at $1134.99 with 10 stocks traded.PanJam Investment dropped $1 to $62 with a transfer of 3,253 units, Scotia Group fell 65 cents to $38.80 with 29,179 stock units passing through the market, Seprod declined $3.99 to $64 with 10,001 stocks changing hands and Sygnus Credit Investments advanced $1.35 to $16.35 with 1,262,824 shares crossing the exchange after the company posted strong gains in full year’s profit.

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

Big bounce into the weekend for JSE majors

The Main Market All Jamaican Composite Index surged 4,560.86 points to 457,710.62, the highest daily close since July 23, while the JSE Main Index jumped 3,833.76 points to 415,715.09 and the JSE Financial Index inched 1.17 points to 101.13 as rising stocks beating declining ones nearly 2 to 1 on Friday, with the volume and value of shares trading, rising moderately over Thursday levels, at the close of the Jamaica Stock Exchange.
A total of 49 securities traded compared to 48 on Thursday, with 20 stocks rising, 12 declining, with 17 unchanged. Caribbean Cement ended at a 52 weeks’ closing high at the close of the market. The PE Ratio, a measure used to compute appropriate stock values, averages 15.6 based on ICInsider.com forecast of 2021-22 earnings.
Overall, 15,660,104 shares trading for $172,250,884, up from 15,130,149 units at $148,604,629 on Thursday. Wigton Windfarm led trading with 39.1 percent for an exchange of 6.12 million shares followed by Radio Jamaica 21.7 percent, with 3.40 million units, Transjamaican Highway controlled 12.5 percent, with 1.96 million units and GraceKennedy with 7.4 percent after 1.16 million units changing hands.
Trading averages 319,594 units at $3,515,324, compared to 315,211 shares at $3,095,930 on Thursday and month to date averaging 497,417 units at $8,407,376, in contrast to 507,741 units at $8,691,971 on Thursday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Barita Investments declined 21 cents to $93 with 49,717 shares crossing the market, Caribbean Cement advanced $6.49 to end at a 52 weeks’ closing high of $112.99 in exchanging 13,140 stocks. Eppley shed 40 cents to $40.50, with a transfer of 1,222 units, GraceKennedy popped $1.51 to $103.01 in trading 1,157,481 shares, Jamaica Producers gained 30 cents to end at $24.50 in switching ownership of 12,182 units. Jamaica Stock Exchange shed 60 cents to $16.60 after swapping 35,540 stock units, JMMB Group fell 50 cents to $37.70 with 135,625 stocks changing hands. Mayberry Investments shed 25 cents to $5.75 with a transfer of 5,620 units, NCB Financial Group fell 90 cents to $131.10, with the swapping of 31,524 stock units, Palace Amusement rallied $15 to $1,140 in switching ownership of 71 shares. PanJam Investment rose $1 to $63 in trading 1,550 units, Sagicor Group popped 49 cents to $56.99 with 62,270 shares clearing the market, Seprod spiked $5.98 to $67.99 after exchanging 6,959 stocks and Victoria Mutual Investments climbed 23 cents to $5.53 with 45,965 stock units crossing the market.

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

Decline resumes for JSE Main Market

After breaking 6 straight days of decline on Wednesday, declining stocks pushed Jamaica Stock Exchange Main Market indices into decline at the close on Thursday, with an exchange of 41 percent more shares valued 113 percent higher than on Wednesday as investors continue to maintain a subdued posture towards main market stocks at this time.
The All Jamaican Composite Index fell 171.26 points to 453,149.76, the JSE Main Index declined 1,070.69 points to 411,881.33 and the JSE Financial Index shed 1.04 points to end at 99.96.
Trading took place in 48 securities compared to 51 on Wednesday, with 16 rising, 17 declining and 15 left unchanged. Caribbean Cement ended at a 52 weeks’ closing high of $106.50 after traded at an intraday high of $115 and NCB Financial traded at an intraday 52 weeks’ low of $121.03.
The PE Ratio, a measure used to compute appropriate stock values, averages 15.5 based on ICInsider.com’s 2021-22 earnings forecast.
Trading jumped to 15,130,149 shares for $148,604,629 from 10,754,378 units at $69,882,256 on Wednesday. Wigton Windfarm led with 34.3 percent after an exchange of 5.19 million shares, followed by Transjamaican Highway 14.8 percent, with 2.24 million units and Radio Jamaica 14.5 percent after 2.19 million units changed hands.
Trading averages 315,211 units at $3,095,930, compared to 210,870 shares at $1,370,240 on Wednesday and month to date averages 507,741 units at $8,691,971, in contrast to 519,351 units at $9,028,360 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments gained 21 cents at $93.21 with 17,793 shares crossing the market, Berger Paints dipped 38 cents to $13.12 in trading 1,974 stock units, Caribbean Cement spiked 50 cents to end at a 52 weeks’ closing high of $106.50 with the swapping of 65,044 shares, but traded at an intraday high of $115, as demand is picking for the stock at the same time that supply is dwindling. Caribbean Producers lost 20 cents to close at $4.75 in exchanging 19,800 units, Eppley lost 20 cents to end at $40.90 in switching ownership of 1,600 shares, Eppley Caribbean Property Fund advanced $1.50 to $38 with 86 stock units changing hands, First Rock Capital rallied 50 cents to close at $12 in exchanging 38,363 units. GraceKennedy shed 60 cents to end at $101.50 after 669,124 stock units cleared the market, Guardian Holdings declined $7 to $584 in trading 9,914 shares, Jamaica Broilers shed $1.64 to $33.15 with the transfer of 56,942 stocks. Jamaica Producers advanced $2 to $24.20 with 42,911 units crossing the exchange, JMMB Group rose 20 cents to $38.20 in an exchange of 152,841 shares, Mayberry Jamaican Equities popped 65 cents to $9.25 with the swapping of 22,599 stock units. NCB Financial Group rose $2 in closing at $132 after hitting an intraday 52 weeks’ low of $121.03 and switching ownership of just 19,875 shares, Palace Amusement surged $175 to $1,125 after exchanging just 2 units, PanJam Investment shed 55 cents to close at $62 in transferring 3,203 shares. Proven Investments rallied 97 cents to $34 in trading 19,555 stock units, Radio Jamaica traded as high as $4.7t, but selling came into the market and it lost 25 cents at the close to end at $4.40 after 2,190,629 shares cleared the market. Scotia Group spiked 38 cents to $39.50, with 34,731 stocks crossing the market. Seprod fell 99 cents to $62.01 with an exchange of 15,490 stock units and Sygnus Credit Investments popped 70 cents in closing at $15 in trading 18,260 units.
In the corporate Bond segment, Guardian Holdings 6.5% bond rose 45 cents to $104.78 with 2.25 million units trading.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

6 days of decline for JSE Main Market

Stocks declined for a sixth straight day at the close of activity on the Main Market of the Jamaica Stock Exchange on Tuesday, with the market trading 66 percent more stock units, after 53 percent more funds supported trading activity over that on Monday.
The All Jamaican Composite Index dived 2,990.07 points to 449,128.28, the Main Index fell 2,885.86 points to 409,567.27 and the JSE Financial Index lost 1.06 points to settle at 100.12.
Trading ended with 51 securities compared to 47 on Monday, with 21 stocks rising, 22 declining and eight closing unchanged. The PE Ratio of the Main Market averages 15.6 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 18,303,242 shares trading for $861,108,533, up from 11,076,496 units at $563,895,212 on Monday. Radio Jamaica led trading with 6 million shares to control 33 percent of total volume, with the stock hitting an intraday high of $4.30 to finish at a 52 weeks’ closing high of $4.04. NCB Financial Group followed, with 5.86 million units and 32 percent of the day’s trade and Wigton Windfarm with 1.46 million units for 8 percent market share and Mayberry Jamaican Equities controlled 1.25 million units, with 6.9 percent market share.
Trading averaged 358,887 units at $16,884,481, up from 235,670 shares at $11,997,770 on Monday. Trading month to date, averages 540,468 units at $9,552,607, compared to 553,812 units at $9,013,810 on Monday. Month to date trading, averages 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments lost 23 cents in ending at $92.77 in trading 34,183 shares, Berger Paints fell 48 cents to $13.12 after  913 stock units changed hands, Caribbean Cement surged $7 to a record high of $104 while exchanging 49,694 stocks. GraceKennedy popped $1 to $101 in trading 63,601 shares, Guardian Holdings dropped $30 to an all-time low of $575 with an exchange of 8,493 units. Jamaica Producers shed $1.99 to close at $21.50, exchanging 226,120 shares, Jamaica Stock Exchange fell 87 cents to $16.37 after exchanging 18,340 stocks. JMMB Group dropped 99 cents to $38 in an exchange of 94,028 stock units, Kingston Wharves gained $1.49 to end at $48, after 15,658 shares crossed the market, NCB Financial Group shed $1.29 to $130.25, with 5,861,813 stock units crossing the market, Palace Amusement spiked $72.99 to $1034, with 93 units clearing the market, PanJam Investment shed $2.50 to $62.50, with an exchange of 2,513 shares. Proven Investments rose 40 cents to $33 after 5,768 stocks changed hands, Radio Jamaica bolted 80 cents to a 52 weeks’ high of $4.04 after trading 5,994,344 stock units.

Sagicor Group lost $5.25 in ending at $52 after exchanging 169,589 stock units, Seprod fell $3.50 to $64 with 8,721 stocks changing hands. Supreme Ventures dropped 48 cents to close at $18.02 trading 164,627 stocks and Sygnus Credit Investments declined 25 cents to end at $14.75 in trading 62,463 shares.
In the preference segment, 138 Student Living Preference share climbed 57 cents to $6 after exchanging 852 shares. Eppley 8.25% fell 42 cents to $6.05 after trading 2,539 stocks\ and Productive Business Solutions 9.75% Preference share surged $23.50 to $104 in an exchange of 6,420 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

5 days of losses for JSE Majors

Market activity ended on Monday, with the market declining for a fifth consecutive day after fewer stocks moved higher than declining, with an exchange of 93 percent fewer shares valued by 59.5 percent less than on Friday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index lost 2,254.61 points to settle at 452,118.35, the JSE Main Index lost 1,907.97 points to settle at 412,453.13 and, the JSE Financial Index dropped 1.12 points to settle at 101.18.
Trading ended with 47 securities compared to 51 on Friday, with 17 rising, 19 declining and 11 remaining unchanged. The PE Ratio averages 15.6 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 11,076,496 shares trading for $563,895,212, sharply down from 148,849,986 units at $1,392,050,084 on Friday. NCB Financial led trading with 31.3 percent of total volume, after an exchange of 3.46 million shares, followed by Radio Jamaica 15.2 percent, with 1.69 million units, Wigton Windfarm accounted for 12.2 percent, from 1.35 million units and Pulse Investments ended with 9.5 percent after trading 1.05 million shares.
Trading averaged 235,670 units at $11,997,770, compared to 2,918,627 shares at $27,295,100 on Friday. Trading month to date, averages 553,812 units at $9,013,810, in contrast to 576,923 units at $8,797,046 on Friday. Trading month to date, exceeds July, with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and eight stocks with lower offers.
At the close, Barita Investments lost 50 cents to close at $93, after 33,403 shares crossed the exchange, Berger Paints spiked 59 cents to $13.60 in exchanging 10,682 stocks, Caribbean Cement popped $3.57 to end at a 52 weeks’ high of $97 after trading 18,596 units, Eppley gained $1.80 to end at $41.80, with 655 stock units changing hands, Eppley Caribbean Property Fund dropped 63 cents to $39.41 with the swapping of 4,015 units. GraceKennedy shed $1 to close at $100 after exchanging 663,004 shares, Guardian Holdings declined $5 ending at a low of $605, since listing this year, trading 4,191 shares. JMMB Group rallied 99 cents to $38.99 in switching ownership of 69,677 stocks, Mayberry Jamaican Equities climbed 39 cents to $9.39 after exchanging 4,002 stocks, MPC Caribbean Clean Energy spiked $16 to $136, with 731 shares crossing the market, NCB Financial fell $1.47 to $131.54, with 3,464,932 units clearing the market. Palace Amusement shed $63.99 to $961.01 while exchanging 171 stock units, Proven Investments rose $2.55 to $32.60 in trading 69,166 units, Sagicor Group rose 25 cents to $57.25 in an exchange of 169,719 shares, Scotia Group climbed $1.20 to $40 while exchanging 27,735 stocks, Seprod declined 50 cents to close at $67.50 after exchanging 5,025 units. Supreme Ventures shed 50 cents to $18.50, 7,932 stocks changing hands, Sygnus Credit Investments spiked 98 cents to $15 in switching ownership of 47,248 stock units and Wisynco Group rallied 19 cents to $15.84, with 35,271 shares clearing the market.
In the preference segment JMMB Group 7.25% dropped 25 cents in ending at $1.25, with an exchange of 40,106 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading spikes on Friday for JSE majors

Market activity ended on Friday with a fourth consecutive day of decline after three stocks falling for every two that rose, with volume traded and value surging 567 percent and 650 percent higher than on Thursday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index slipped 158.71 points to 454,372.96, the Main Index dropped 804.45 points to settle at 414,361.10 and the JSE Financial Index dipped 0.08 points to end at 102.30.
A total of 51 securities traded compared to 53 on Thursday, with 16 stocks rising, 24 declining and 11 remaining unchanged one stock closed at a 52 weeks’ high and three at 52 weeks’ lows. The PE Ratio, a measure that computes appropriate stock values, averages 15.6 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 148,849,986 shares trading for $1,392,050,084 versus 22,302,736 units at $185,523,053 on Thursday. Mayberry Jamaican Equities led trading with 86.6 percent of total volume after exchanging 128.94 million shares followed by Wigton Windfarm 4.3 percent, with 6.4 million units, JMMB Group with 2.8 percent for 4.11 million units, Transjamaican Highway with 1.9 percent after 2.87 million units traded and Radio Jamaica with 1.8 percent for 2.73 million shares.
Trading averaged 2,918,627 units at $27,295,100, compared to 420,806 shares at $3,500,435 on Thursday. Month to date Trading averages 576,923 units at $8,797,046, in contrast to 376,542 units at $7,214,159 on Thursday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments fell 49 cents to $93.50 in exchanging 11,172 stocks, Berger Paints shed 69 cents to close at $13.01 in trading 7,316 units, Caribbean Cement spiked $2.43 to $93.43 after 15,013 stock units crossed the exchange, First Rock Capital popped 30 cents to $12.87 in swapping 32 shares, Guardian Holdings fell $10 to at $610, the lowest price since listing earlier this year in switching ownership of 1,503 units, Jamaica Stock Exchange gained 24 cents to finish at $17.24 with a transfer of 1,529 units, JMMB Group shed $1.85 to $38 after exchanging 4,105,538 shares. MPC Caribbean Clean Energy declined $17.80 to $120 with 326 stock units crossing the market, NCB Financial shed 99 cents in closing at $133.01 after transferring 212,348 stock units, Palace Amusement dropped $115 to $1,025 with 26 shares changing hands. PanJam Investment advanced $3.18 to $65 with the swapping of 1,559 units, Portland JSX dived $2.20 to $7, with 4,824 stocks crossing the market, Proven Investments declined $3.97 to end at a 52 weeks’ low of $30.05 with an exchange of 56,205 shares. Pulse Investments shed 21 cents to close at a 52 weeks’ low of $3.09 in trading 628,045 stocks, Radio Jamaica rose 7 cents to end at a 52 week’s closing high of $3.57 in trading 2,732,191 units, Scotia Group shed 90 cents to $38.80 in trading 7,235 stock units. Seprod popped $6.80 to $68 with the swapping of 52,385 shares, Stanley Motta rose 67 cents to $5.90 in switching ownership of 2,079 units, Sygnus Credit Investments lost 93 cents to end at $14.02 in an exchange of 56,400 stocks and Victoria Mutual Investments rallied 41 cents to $5.76 after exchanging 13,647 stock units.

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

JSE Main Market down again

The Jamaica Stock Exchange  Main Market slipped moderately for a third consecutive day when market activity ended on Thursday with declining stocks outnumbered rising ones, after an exchange of 127 percent more shares valued 98 percent higher than on Wednesday.

The All Jamaican Composite Index lost 916.98 points to settle at 454,531.67, the JSE Main Index shed 587.19 points to 415,165.55 and the JSE Financial Index added 0.19 points to end at 102.38.
Trading ended with 53 securities compared to 52 on Wednesday, with 12 stocks rising, 27 declining and 14 remaining unchanged. The PE Ratio, a measure that computes appropriate stock values, averages 15.4 based on ICInsider.com’s 2021-22 earnings forecast.
A total of 22,302,736 shares were traded for $185,523,053, up from 9,829,573 units at $93,904,028 versus 9,829,573 units at $93,904,028 on Wednesday. Wigton Windfarm led trading with 57.3 percent of total volume for an exchange of 12.76 million shares, followed by Mayberry Investments 9.2 percent with 2.04 million units. JMMB Group 7.5% preference share accounted for 6.5 percent with 1.46 million units and Transjamaican Highway 5.3 percent with 1.19 million units changing hands.
Trading averaged 420,806 units at $3,500,435, compared to 189,030 shares at $1,805,847, on Wednesday. Trading month to date averages 376,542 units at $7,214,159, in contrast to 372,221 units at $7,576,640 on Wednesday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments dropped $3.89 to $93.99 after exchanging 48,170 shares, Caribbean Cement fell $2.99 to $91 with a transfer of 806,615 stock units. First Rock Capital lost 39 cents to end at $12.57 with an exchange of 31,470 stock units, GraceKennedy fell $2.05 to $101 in trading 71,940 shares. Guardian Holdings dropped $30 in closing at $620 in exchanging 1,176 stock units, Jamaica Broilers lost 57 cents to finish at $35.03 trading 66,111 shares, Jamaica Stock Exchange lost 24 cents in ending at $17 after crossing the exchange with 52,694 stocks. JMMB Group rose $1.85 to $39.85 with the swapping of 599,245 shares, Kingston Properties rallied 25 cents to $10.25, with 8,265 stock units crossing the market, Margaritaville advanced $1.77 to $15.17 with 1,630 stocks changing hands. Mayberry Jamaican Equities slipped 29 cents to $9.10 in transferring 328,458 units, Proven Investments shed 51 cents to $34.02 in exchanging 29,546 shares. Pulse Investments lost 26 cents to close at $3.30 in switching ownership of 261,421 units, Radio Jamaica spiked 52 cents to end at 52 weeks’ closing high of $3.50, after hitting a new intraday high of $3.85 in the morning session, in completing an exchange of 669,972 stock units, Salada Foods rallied 28 cents to $7.39, with 2,552 units crossing the exchange, Scotia Group fell 30 cents to end at $39.70, with an exchange of 261,002 shares. Seprod declined $4.80 in closing at $61.20 in trading 21,923 stocks and Victoria Mutual Investments dipped 35 cents at $5.35 with 126,154 units clearing the market.
In the preference segment, Eppley 5% popped 25 cents to close at a record $20.25 in switching ownership of 5,000 stocks and 138 Student Living preference share, fell $2.57 to $5.43 after exchanging 1,576 shares.

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

Supreme Ventures turn to dominate

For a second consecutive trading day another stock, investors traded more than $1 billion in one stock, with Barita Investments hitting the mark on Monday and Supreme Ventures on Tuesday as trading in the stock dominated market activity with 88 percent of total volume after an exchange of 74 million of the company’s shares worth $1.4 billion as market activity ended on Tuesday, with the all indices declining after the volume of shares traded surged 155 percent, with 14 percent lower value than on Monday on the Jamaica Stock Exchange Main Market.

Supreme Ventures traded most shares

The All Jamaican Composite Index dropped 1,259.20 points to settle at 455,489.57, after moving as high as 460,535 points in the morning session. The Main Index fell 762.92 points to 416,061.19 and the JSE Financial Index lost 0.14 points to end at 102.45.
Trading ended with 51 securities compared to 49 on Monday, with 20 stocks rising, 21 declining and 10 remaining unchanged. Radio Jamaica ended at a 52 weeks’ closing high, while Barita Investments traded at an intraday high of $99.84 after supply dried up at lower prices. The PE Ratio, a measure that computes appropriate stock values, averages 15.8 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 84,136,115 shares trading for $1,594,752,619 versus 32,951,304 units at $1,845,967,733 on Monday. JMMB Group, with 2.3 percent for 1.91 million units, had the second highest volume for the day, Transjamaican Highway was next, with 1.3 percent for 1.1 million units, Radio Jamaica ended, with 1.2 percent for 1.04 million and PanJam Investment traded 1.2 percent of the day’s volume, with 1 million units.
Trading averaged 1,649,728 units at $31,269,659, compared to 672,476 shares at $37,672,811 on Monday. Trading month to date averages 391,623 units at $8,187,803, in contrast to 245,797 units at $5,512,406 on Monday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and three securities with lower offers.
At the close, Barita Investments rose 76 cents to end at $91, with 119,965 units crossing the market. Caribbean Cement spiked $2 to $92.50 with an exchange of 13,502 stock units, Eppley fell $1.20 to $40.66 in trading 1,278 stocks. First Rock Capital rallied $1.85 to $13.85 after exchanging 5,867 stock units, GraceKennedy bolted $3.80 to $104.80 in trading 10,111 shares, Guardian Holdings popped $55 to $670 with the swapping of 363 units. Jamaica Broilers shed 69 cents in closing at $35.51 after an exchange of 3,370 stock units, Jamaica Producers declined $1.48 to $22 with 1,000 stocks changing hands, JMMB Group gained 27 cents to close at $38.02 with 1,906,600 shares crossing the market, Kingston Properties rose 50 cents to $10 in transferring 1,148 stocks, Mayberry Investments slipped 55 cents to $5.65 with 45 units crossing the exchange. Mayberry Jamaican Equities shed 30 cents to $8.50 with the swapping of 800 stocks, MPC Caribbean Clean Energy spiked $1 to $121 with an exchange of 100 stock units, NCB Financial dropped $7.50 to $132 with an exchange of 4,246 shares. 138 Student Living dropped 65 cents to $4.45 in switching ownership of 2,945 stock units, Palace Amusement rallied $17.04 to $1,050.80 after 94 stocks cleared the market, PanJam Investment shed 82 cents to $61.60 with a transfer of 1,001,621 shares, Radio Jamaica gained 14 cents in closing at a 52 weeks’ high of $2.75 while exchanging 1,035,575 unit, Sagicor Group popped 28 cents to close at $57.78 with 186,602 stocks changing hands. Salada Foods shed 25 cents to end at $7.25 in exchanging 30,795 units. Scotia Group lost 31 cents to finish at $39.99 in an exchange of 35,083 stock units, Seprod dropped $4 to close at $65 with the swapping of 117,010 stocks, Supreme Ventures rose 44 cents in ending at $19 after 74,165,054 shares crossed the market and Sygnus Credit Investments popped 20 cents to $15.10 with 16,555 stocks changing hands.
In the preference segment, Eppley 8.25% fell 42 cents to $6.06 after exchanging 448 units.  

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

Barita Main Market dominant trade

Barita Investments was the dominant traded at the close of market activity on Monday, with an exchange of just over 19 million shares with a value of $1.6 billion as the market ended with modest rises in the indices after the number of shares exchanged climbed 88 percent carrying a value 2021 percent higher than on Friday on the Jamaica Stock Exchange Main Market.

Barita Investments headquarters

The All Jamaican Composite Index squeezed out a rise of 230.52 points to settle at 456,748.77, the Main Index eked out a 95.36 points rally to 416,824.11 and the JSE Financial Index popped just 0.09 points to 102.59.
Trading ended with a total of 49 securities changing hands compared to 46 on Friday, with 19 stocks rising, 22 declining and eight remaining unchanged. The PE Ratio, a measure that computes appropriate stock values, averages 15.8 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 32,951,304 shares trading worth $1,845,967,733 versus 17,455,607 units at $87,019,322 on Friday. Barita Investments led trading with 58.8 percent of total volume for an exchange of 19.38 million shares and accounting for 58.8 percent of total volume, followed by Transjamaican Highway with 10.1 percent for 3.33 million units, Jamaica Broilers cornered 9.2 percent, with 3.02 million units, Wigton Windfarm had 6.3 percent for 2.08 million units and Radio Jamaica ended with 3.5 percent after trading 1.15 million units.
Trading averaged 672,476 units at $37,672,811, compared to 379,470 shares at $1,891,724 on Friday. Trading month to date averages 245,797 units at $5,512,406, in contrast to 192,325 units at $1,482,074 on Friday. July ended with an average of 322,932 units at $15,201,099.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments spiked $7.24 to $90.24 with an exchange of 19,379,347 shares, Berger Paints gained 22 cents in ending at $13.74 after trading 54,600 stock units, Caribbean Cement fell $3.49 to $90.50, with the swapping of 7,931 stocks. Caribbean Producers dipped 36 cents $4.64 in transferring 13,326 units, Eppley rose $1.42 to $41.86 with 4,938 stock units crossing the market, First Rock Capital shed $1.50 to $12 with 29,541 stocks clearing the market, GraceKennedy fell $2 to $101 in switching ownership of 637,615 shares. Guardian Holdings slid $5 to $615 in trading 766 units, Jamaica Broilers lost 26 cents to end at $36.20 with 3,023,439 shares changing hands, Jamaica Producers rallied $1.98 to $23.48 in trading 6,300 stock units. JMMB Group declined $2.25 to $37.75 with 280,003 stocks crossing the exchange after trading at an intraday high of $43.47, Kingston Properties popped 20 cents to $9.50 after exchanging 1,301 stocks, Margaritaville popped $1.67 to $15.27 in an exchange of 5,047 shares, Mayberry Investments rose 45 cents to $6.20 in transferring 64,783 stock units. MPC Caribbean Clean Energy dropped $17.80 to $120 with an exchange of 2,500 units, NCB Financial spiked $7.50 to $139.50 after 35,309 stocks crossed the exchange, PanJam Investment shed 58 cents to $62.42 with 14,151 stock units clearing the market. Proven Investments slipped $1.10 to $34.40 in exchanging 16,665 shares, Radio Jamaica gained 36 cents to close at a 52 weeks’ high of $2.61 with the swapping of 1,149,429 shares, Sagicor Group lost 40 cents t close at $57.50 with an exchange of 46,317 stock units, Salada Foods rallied 30 cents to $7.50 with the swapping of 21,230 shares, Scotia Group rose 70 cents to $40.30 with 7,222 stocks crossing the exchange. Seprod advanced $3 to $69 with 6,412 units changing hands, Stanley Motta dipped 58 cents to $5.41 in transferring 4,000 stock units and Supreme Ventures dipped 43 cents to $18.56 with 19,369 shares changing hands.
In the preference segment, Productive Business Solutions 9.75% preference share plunged $24.50 to $80.50 with 510 shares clearing the market.

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