nitThe Main Market of the Jamaica Stock Exchange rose on Monday for the eight in ten days as the market closed higher with the prices of more stocks rising than falling.
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 market closed with 49 securities changing hands in the Main and US dollar markets with prices of 18 stocks advancing, 15 declining and 16 securities trading firm. The JSE Main Market activity ended with 42 securities accounting for 20,915,712 units valued at $107,984,225, in contrast to 24,395,591 units valued at $156,997,429 from 41 securities on Friday.
Sagicor Select Financial Fund led trading with 6.6 million shares for 31.7 percent of total volume followed by Trans Jamaican Highway with 5.7 million units for 27.4 percent of the day’s trade and Wigton Windfarm with 1.9 million units for 9 percent market share.
The Market closed with an average of 497,993 units at $2,571,053 for each security traded, in contrast to 595,014 units valued at an average of $3,829,206 on Friday.
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.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and ten stocks closing with lower offers. The PE ratio of the market ended at 14.2, while the Main Market ended at 14.4 times 2020-21 earnings.
In the Main Market, Caribbean Cement climbed $1.60 to $52 while transferring 31,886 stock units, Eppley added 75 cents higher to end at $15 trading 15,729 units, Eppley Caribbean Property Fund advanced to $35.50, with gains of $3.22 in swapping 1,160 units. First Rock Capital closed at $11.40, after picking up 90 cents and transferring 10,481 units, Jamaica Broilers closed $2.49 higher to $26.49, in trading 38,228 stock units, Jamaica Producers shed 50 cents to settle at $21, with 53,033 shares changing hands. Jamaica Stock Exchange gained $1 after swapping 4,605 units and closed at $20, JMMB Group transferred 384,909 shares at $34.51, after rising 51 cents, Key Insurance lost 60 cents exchanging 101,689 shares to end at $7.
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.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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.
At the close of trading, the market was enjoying its third straight day of gains, with the JSE All Jamaican Composite Index climbing 2,698.18 points to 404,587.50, the JSE Market Index added 2,528.96 points to 368,889.50 and the JSE Financial Index gained 1.05 points to 99.14.
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 six stocks closing with lower offers. The PE ratio of the market ended at 14, while the Main Market ended at 14.2 times 2020-21 earnings.
MPC Caribbean Clean Energy soared $15.50 to $175.50, after swapping 110 units, NCB Financial Group advanced by $3 to $145, with a transfer of 21,887 stock units. Palace Amusement tumbled to $1,500, after sustaining a loss of $200 in trading 122 shares, PanJam Investment advance by $4.70 to $77.70, with an exchange of 155 units, Pulse Investments gained 39 cents to finish at $2.45, after transferring 3,855,905 shares, following the release of nine months results. Scotia Group closed at $44, with a loss of 90 cents trading 71,618 stock units, Seprod ended $2 higher at $46, with 9,465 units crossing the exchange, Stanley Motta rose 54 cents to $5.14, after swapping 9,473 units. Supreme Ventures fell $1.10 to $14 after transferring 225,244 shares and Wisynco Group ended 65 cents lower at $17, with 1,327,496 shares changing hands.
The Market closed with an average of 323,033 units at $2,225,976 for each security traded, in contrast to 230,295 units valued at an average of $2,034,185 on Tuesday. The average volume and value for the month to date amount to 362,134 units at $2,453,398 for each stock changing hands, compared to 375,605 units with an average value of $2,531,754 previously. Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
NCB Financial Group advanced $7 to $142, in trading 28,328 units, Palace Amusement dived $1,098 trading just three shares to close at $1,700, PanJam Investment declined by $4.50 to a 52 weeks’ low of $73, with 600,640 shares changing hands. Sagicor Real Estate Fund closed at $7.95, with gains of $1.26 with 800 units crossing the market. Salada Foods climbed $4.50 to $29 in exchanging 1,936 units, Scotia Group gained 65 cents to end at $44.90, with a transfer of 8,399 units. Seprod fell to $44, with a loss of $2.40 trading 15,369 units, Supreme Ventures closed 40 cents lower to $15.10, with 40,810 stock units changing hands, Sygnus Credit Investments gained $1.30 to reach $16.50, after swapping 33,390 stock units and Wisynco Group ended the 65 cents higher at $17.65, with a transfer of 449,719 shares.
At the close, the JSE All Jamaican Composite Index advanced 1,805.60 points to 399,034.14, the JSE Market Index gained 1,535.01 points to end at 363,775.87 and the JSE Financial Index lost 0.05 points to 97.36.
Trading in April resulted in an average of 1,077,021 units valued at $3,829,201 for each security.
NCB Financial Group sustained a loss of $7.50 to close at $135, after transferring 140,023 shares, 138 Student Living closed 69 cents lower to $6.31, in swapping 250 units, PanJam Investment picked up $1 to end at $77.50 trading 13,244 stock units. Sagicor Group ended at $46.50, with gains of $1.50 exchanging 316,045 shares, Salada Foods tumbled $4 to $24.50, after trading a mere one stock unit, Seprod advanced $2.40 to $46.40, with an exchange of 17,376 stock units. Stanley Motta fell by 60 cents to $4.70, in transferring 9,346 units, Supreme Ventures ended 90 cents lower at $15.50, after swapping 187,479 shares, Sygnus Credit Investments closed at $15.20, with a loss of 80 cents exchanging 103,586 shares and Wisynco Group lost 40 cents trading 168,450 shares to finish at $17.