The Jamaican Stock Exchange Main Market shot up 4,787 points within 30 minutes of trading to 405284.40 but failed to hold on to the early gains at the close of the market.
At the close of trading, the JSE All Jamaican Composite Index declined by 3,268.96 points to 397,228.54, the JSE Market Index dropped 2,888.59 points to 362,240.86 and the JSE Financial Index lost 0.60 points to 97.41.
The market closed with 45 securities changing hands in the Main and US dollar markets with prices of 17 stocks advancing, 17 declining and 11 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 29,595,732 units valued at $155,534,212, in contrast to 6,350,098 units valued at $68,445,442 from 41 securities on Friday.
Trans Jamaican Highway led trading with 13.9 million shares for 47 percent of total volume followed by Mayberry Jamaican Equities with 9.7 million units for 33 percent of the day’s trade and Wigton Windfarm with 2 million units for 7 percent market share.
The Market closed with an average of 739,893 units valued at $3,888,355 for each security traded, in contrast to 154,880 units valued at an average of $1,669,401 on Friday. The average volume and value for the month to date amount to 443,776 units valued at $2,765,181 for each security changing hands. 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 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 14.1, while the Main Market ended at 14.3 times 2020/21 earnings.
In the Main Market, Barita Investments declined by $1.85 to $51.60, with an exchange of 43,168 stock units, Caribbean Cement closed $1 higher to $45.99, in transferring 4,850 units, Eppley ended at $12, with a loss of $3 after trading 13,922 units. Grace Kennedy settled at $58, after gaining $1 and swapping 17,132 units, Jamaica Stock Exchange closed $1.10 lower to $20.50, with a transfer of 43,338 stock units, Key Insurance picked up $1.45 in trading 160,949 shares and finished at a record high of $8.45. Kingston Properties gained $1.65 to end at $6.15, after exchanging 200 units,
Mayberry Investments shed 40 cents to close at $5.40, in switching ownership of 74,079 shares, MPC Caribbean Clean Energy climbed $13 to $160 trading a mere 100 units. NCB Financial Group closed at $142.50, with a loss of $2.50 after transferring 115,522 shares, PanJam Investment lost 50 cents to close at $76.50, with 230 units changing hands, Proven Investments rose 49 cents exchanging 11,104 units to end at $36.50. Sagicor Real Estate Fund closed $1.25 lower to settle at $6.50, in swapping 6,438 units, Scotia Group added 50 cents to finish at $44.50, in trading 9,250 units, Seprod ended at $44, with a loss of 85 cents exchanging 6,938 units and Supreme Ventures added 50 cents to close at $16.40, trading 229,782 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the JSE All Jamaican Composite Index increased 1,822.62 points to 399,394.72, the JSE Market Index gained 1,640.98 points to close at 364,045.96 and the JSE Financial Index rose 0.61 points to 97.97.
The average volume and value for the month to date amount to 1,077,021 units valued at $3,829,201 for each security changing hands, compared to 1,033,414 units valued at $3,863,268 previously. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Mayberry Equities climbed $1.30 to $9.80 trading 12,100 units, MPC Caribbean Clean Energy dropped $2 to $147 after just 261 units crossed through the exchange. NCB Financial Group shed $3 in closing at $143, trading 56,094 shares, PanJam Investment closed $1.40 higher at $76.40, in exchanging 243,133 stock units, Proven Investments gained $1.90 to finish at $37, with 2,385 stock units changing hands. Sagicor Real Estate Fund lost 64 cents exchanging 20,018 units to settle at $7.11, Salada Foods climbed $2.50 to $28.50 after trading 1,900 units, Scotia Group rose $2.50 to $43.50, after transferring 54,471 stock units. Seprod picked up $1.50 to close at $45, in trading 13,743 shares and Wisynco Group lost 54 cents to end at $17.36, with 48,127 units crossing the exchange.
At the close, the JSE All Jamaican Composite Index declined 11,964.17 on Monday, fell a further by 13,352.19 points to close at 393,321.05. The JSE Market Index dropped 12,250.06 points on top of the 10,830.61 points fall on Monday to 358,512.98 and the JSE Financial Index lost 4.24 points to 95.49. The losses pushed the year to date loss to 30 percent, for main market stocks and ahead of the Junior Market that is down by 28 percent for the year.
The Market closed with an average of 2,670,498 units valued at an average of $8,796,150 for each security traded, in contrast to 467,969 units valued at an average of $2,080,475 on Monday. The average volume and value for the month to date amount to 1,073,044 units valued at $3,888,797 for each security changing hands, compared to 996,058 units valued at $3,638,209 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Key Insurance added 35 cents to finish at a 52 weeks’ high of $5.55, after swapping 91,058 shares. Kingston Properties ended at a 52 weeks’ high of $4.50, with a loss of $1.50 after a transfer of 56,639 stock units, Mayberry Investments gained 60 cents trading 28,831 units and closed at $5.80, NCB Financial Group fell $2 to close at a 52 weeks’ high of $138, with an exchange of 276,121 shares. PanJam Investment closed 50 cents higher to $76 after 482,161 shares changed hands, Proven Investments declined to $37.50, after losing $1.35 transferring 359 units, Sagicor Group closed $1 lower to $45, in swapping 73,341 shares. Scotia Group traded $2 lower to end at $43, with an exchange of 255,788 shares and Seprod ended with a loss of $2.60 to close at $42, in trading 101,200 shares.
At the close, the All Jamaican Composite Index rose 1,331.58 points to close at 418,817, the JSE Market Index gained 1,205.42 points to close at 381,593.65 and the JSE Financial Index added 0.55 points to 103.52.
The Market closed with an average of 410,412 units valued at $2,124,137 for each security traded, in contrast to 418,093 units valued at $3,884,360 on Wednesday. The average volume and value for the month to date amount to 1,025,936 units valued at $3,731,907 for each security changing hands, compared to 1,060,899 units valued at $3,829,348 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Stock Exchange lost 37 cents to end at $20.63 after 11,170 shares passed through the market, JMMB Group dropped $1.44 and closed at $36, after exchanging 213,331 stock units, Mayberry Investments gained 32 cents trading 22,096 stock units and closed at $5.55.NCB Financial Group rose $2 to end at $152, with 47,023 units changing hands, PanJam Investment traded 1,465 and fell $2.35 to close at $77.35, Proven Investments jumped $2.79 to close at $38.79 after 9,478 shares changed hands. Pulse Investments lost 35 cents in exchanging 3,858,682 stock units at $2.05, Salada Foods dropped $2.90 to $26, in exchanging 5,901 units. Sagicor Group traded 38,531 and lost 38 cents to end at $49.37 and Scotia Group rose $2 after transferring 21,667 stock units to finish at $47.
The JSE Market Index fell by 3,337.15 points to 380,388.23 and the JSE Financial Index slid 1.32 points to 102.97.
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 securities closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.3 times 2020-21 earnings.
Key Insurance gained 90 cents to finish at a record $4.90, with 57,241 units changing hands. Mayberry Investments gained 47 cents trading 6,101 stock units and closed at $5.87, NCB Financial Group sustained a loss of $4.93 to end at $150, in swapping 24,481 units, Salada Foods bounced $1.95 to $28.90, having gained in exchanging 100 units. Seprod rose 50 cents after transferring 8,376 stock units to finish at $48, Stanley Motta traded 500 units at $4.70, after picking up 33 cents, Sygnus Credit Investments added 50 cents to end at $17, with 25,122 stock units changing hands and Wisynco Group ended the day at $17.50, with a loss of $1.18 with 63,156 shares crossing the exchange.
At the close, the JSE All Jamaican Composite Index declined by 1,972.21 points to 421,131.86, the JSE Market Index fell 1,936.13 points to 383,725.38 and the JSE Financial Index slid 0.40 points to 104.29. The Main Market has gone seven days without closing with gains in the Indices.
The Market closed with an average of 3,226,882 units valued at $5,139,593 for each security traded, in contrast to 867,914 units valued at an average of $1,806,657 on Tuesday. The average volume and value for the month to date amount to 1,105,053 units valued at $3,825,298 for each security changing hands, compared to 960,218 units valued at $3,728,658 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Stock Exchange rose 98 cents to end at $21.98, in trading 81,638 shares, JMMB Group ended at $37.99, with gains of $1.05 and the exchanging 213,440 stock units, MPC Caribbean Clean Energy declined by $29 to $147, in swapping 100 units. NCB Financial Group closed $1.92 higher to $154.93, after transferring 142,312 shares, PanJam Investment gained 58 cents and ended at $74.78, trading 6,709 stock units, Proven Investments closed 50 cents lower to $36, in exchanging 563 shares. Salada Foods fell by $2.05 to $26.95 trading 151 units, Scotia Group lost 41 cents to finish at $45.01, with an exchange of 6,276 stock units, Seprod closed with a loss of 49 cents in transferring 12,903 stock units to finish at $47.50 and Sygnus Credit Investments picked up 50 cents to end at $16.50, with 54,861 shares changing hands.
At the close of the market, the JSE All Jamaican Composite Index declined by 421.48 points to 423,104.07, the JSE Market Index fell 411.64 points to 385,661.51 and the JSE Financial Index lost 0.57 points to close at 104.69.
The Market closed with an average of 867,914 units valued $1,806,657 for each security traded, in contrast to 755,502 units valued at an average of $1,774,456 on Monday. The average volume and value for the month to date amount to 960,218 units valued at $3,728,658 for each security changing hands, compared to 966,799 units valued at $3,877,090 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Jamaica Producers fell by $2.78 to $16.22, after swapping 200,696 shares, JMMB Group shed 46 cents to finish at $36.94, with 30,709 shares changing hands, MPC Caribbean Clean Energy dropped to $176, with a loss of $4.58 trading a mere 30 units. NCB Financial Group declined $1.99 to $153.01, in transferring 13,994 stock units, 138 Student Living picked up 30 cents exchanging 30,500 shares and closed at $7, PanJam Investment ended the day at $74.20, after losing $3.55 after swapping 8,643 stock units. Proven Investments closed $1.99 lower to $36.50, with a transfer of 1,404 units, Scotia Group gained 41 cents to finish at $45.42, with an exchange of 14,792 units, Seprod added $2 to close at $47.99, in trading 52,988 shares and Sygnus Credit Investments closed at $16, with a loss of $1 after exchanging 171,557 shares.
At the close, the JSE All Jamaican Composite Index declined by 2,223.70 points to 423,525.55, the JSE Market Index fell by 1,987.23 points to 386,073.15 and the JSE Financial Index lost 0.49 points to 105.26.
Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
138 Student Living ended at $6.70, after a losing 30 cents swapping 1,276 units, PanJam Investment rose $1.75 to $77.75, with 126,281 shares changing hands. Proven Investments added 39 cents to finish at $38.49, with a transfer of 2,300 units, Sagicor Group closed at $50, after picking up $1 trading 39,750 shares, Salada Foods gained $1 swapping only I unit at $29. Scotia Group shed 80 cents to finish at $45.01, with an exchange of 61,455 shares, Seprod rose 99 cents to $45.99 trading 5,496 units, Supreme Ventures lost 48 cents transferring 509,318 shares to end at $15. Sygnus Credit Investments closed at $17, with gains of $2 swapping 24,526 stock units and Wisynco Group climbed $2.80 to $18.80, ending with 348,655 shares 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 14.1, while the Main Market ended at 14.5 times 2020/21 earnings.
MPC Caribbean Clean Energy jumped by $30.58 after transferring 494 units to end at $180.58, NCB Financial Group shed 50 cents to close at $155, with an exchange of 105,674 shares, Proven Investments picked up $1.01 to finish at $38.10, in swapping 2,500 units. Sagicor Group closed at $49, with a loss of 75 cents with 434,646 shares crossing the exchange, Salada Foods lost 50 cents after swapping 7,102 units at $28, Scotia Group fell by $2.08 to $45.81, with a transfer of 34,866 stock units. Seprod dropped $1 to close at $45, in trading 8,911 units, Stanley Motta picked up 41 cents to finish at $5.03, in exchanging 6,000 units, Supreme Ventures ended at $15.48, with a loss of $1.52 and the swapping of 47,463 shares. Sygnus Credit Investments closed at $15, after losing $2.45 trading 57,900 shares and Wisynco Group ended the exchanging of 341,913 stock units at $16, with a loss of $1.10.
The Market closed with an average of 3,336,907 units valued at $6,733,425 for each security traded, in contrast to 1,216,630 units valued at an average of $3,485,017 on Wednesday. The average volume and value for the month to date amount to 1,022,515 units valued at $4,256,393 for each security changing hands, compared to 779,477 units valued at $3,967,296 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
Kingston Wharves picked up 42 cents and closed at $44, with 26,422 units changing hands. MPC Caribbean Clean Energy sustained a loss of $33 in swapping 499 units and closed at $150, NCB Financial Group fell 50 cents to $155.50 trading 35,964 units, PanJam Investment shed 85 cents to close at $75.98, with an exchange of 9,929 stock units. Portland JSX picked up 80 cents in trading only one stock unit to end at $8.90, Sagicor Group finished at $49.75, with a loss of 77 cents in exchanging 86,774 shares, Salada Foods closed at $28.50, after losing $4.95 in exchanging 10,299 units. Scotia Group gained 39 cents swapping 50,079 shares and closed at $47.89, Seprod climbed $2 to $46, with 18,441 units crossing the exchange, Stanley Motta slipped 38 cents to $4.62, in swapping 4,200 stock units and Victoria Mutual Investments ended at $7.50, with a loss of 30 cents while transferring 420,041 shares.