Seprod — Page 102

JSE Main Market drops

August 27, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Thursday, with the market declining after more stocks fell than rose after investors exchanged 50 percent fewer shares than on Wednesday.
At the close, the All Jamaican Composite Index shed 1,900.02 points to settle at 401,910.62, the Main Index declined by 1,720.64 points to close at 366,825.76 and the JSE Financial Index shed 0.39 points to settle at 96.76.
Trading ended with 43 securities changing hands compared to 43 on Wednesday and closed with the prices of 14 stocks rising, the prices of 21 declining and eight remaining unchanged and the average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 11,372,477 shares for $74,529,571 compare to 22,689,448 units at $201,190,246 on Wednesday.
Wigton Windfarm led trading with 5.58 million shares for 49 percent of total volume followed by QWI Investments with 2.11 million units for 18.5 percent of the day’s trade and Transjamaican Highway with 1.33 million units for 11.7 percent market share.
Trading ended with an average of 264,476 units changing hands at $1,733,246 for each security, in comparison to an average of 527,662 shares at $4,678,843 on Wednesday. The average trade for the month to date ended at 441,102 units at $2,920,753 for each security, in contrast to 451,449 units at $2,990,321. Trading month to date is well ahead of July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments dropped 90 cents to close at $53.20, with 5,447 stock units crossing the market, Caribbean Cement advanced $3.63 in ending at $47.63 while exchanging 3,967 shares, First Rock Capital shed 40 cents to close at $12.50 with investors switching ownership of 1,997 units. Grace Kennedy carved out a gain of $1.44 in closing at $56.45, with an exchange of 3,254 shares, Jamaica Broilers Group fell 80 cents to $24 with 62,057 stock units changing hands, Jamaica Producers Group advanced $1 to end at $21 in trading 414 units. Jamaica Stock Exchange lost $1.47 to end at $17.53 after trading 46,764 units, JMMB Group carved out a loss 50 cents to close at $30, with 44,422 stocks crossing the market, Kingston Properties shed 40 cents in closing at $7.20 with an exchange of 169 stock units. Kingston Wharves rose 95 cents to close at $50 in exchanging 572,067 stocks, NCB Financial Group dropped $3.97 to end at $136.01 after trading 158,851 shares, Palace Amusement dropped by $50 in closing at $1700 crossing the market one stocks. PanJam Investment gained $6 to end at $71 in trading 1,520 stocks, Proven Investments advanced 40 cents to $36.50 with investors swapping 20,001 stock units, Sagicor Group shed 50 cents to close at $45 after exchanging 18,139 units. Scotia Group dropped by $2.50 in ending at $47, with an exchange of 112,320 shares and Victoria Mutual Investments gained 40 cents and closed $6.90, with investors switching ownership of 117,840 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: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Rebound for JSE Main market

August 26, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market recovering some of Tuesday’s losses, with an equal number of stocks rising and falling after investors exchanged 3 percent more shares than Tuesday and 33 percent less in value.

Eppley closed at a 52 weeks’ high on Wednesday.

At the close, the All Jamaican Composite Index rose 3,138.65 points to settle at 403,810.64, the Main Index carved out a gain of 2,872.53 points to settle at 368,546.40, the JSE Financial Index increased 0.60 points to settle at 97.15.
Trading ended with 43 securities changing hands compared to 40 securities on Tuesday and ended with the prices of 18 stocks rising, the prices of 18 stocks declining and seven remaining unchanged and the average PE Ratio of the market ended at 15.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 22,689,448 shares for $201,190,246 compared to 15,897,876 units at $260,424,238 on Tuesday.
Transjamaican Highway led trading with 11.06 million shares for 48.8 percent of total volume followed by Sagicor Real Estate Fund with 5.38 million units for 23.7 percent of the day’s trade, QWI Investments with 1.55 million units for 6.8 percent market share and Wigton Windfarm ended with 1.17 million shares changing hands for 5 percent of total shares changing hands.
Trading ended with an average of 527,662 units changing hands for the day at $4,678,843 for each security, in comparison to an average of 397,447 shares at $6,510,606 on Tuesday. The average trade for the month to date ended at 451,449 units at $2,990,347 for each security, in contrast to 446,707 units at $2,885,266. Trading month to date compares exceeds, July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Cement climbed $2.99 to close at $44, with 205,670 shares passing through the market, Carreras lost 50 cents to end at $6.08 in exchanging 110,391 stock units, Eppley rose 99 cents to settle at a 52 weeks’ high of $22.99 with an exchange of 903 units. Eppley Caribbean Property Fund gained 50 cents to end at $50 after 6,411 units passed through the market, Grace Kennedy carved out a loss $1.48 to settle at $55.01, with 99,348 stocks passing through the market, Jamaica Broilers Group gained $1.30 to end at $24.80 in exchanging 6,351 stock units. Jamaica Stock Exchange lost 80 cents to settle at $19 after 23,485 stocks crossed the exchange, MPC Caribbean Clean Energy shed $5 to close at $150 in an exchange of 66 shares, NCB Financial Group gained $1.48 in closing at $139.98, trading 728,385 stocks. Proven Investments dropped by $1.90 in closing at $36.10, with 700 stock units changing hands, Sagicor Group gained $1.45 to close at $45.50, after 266,558 stocks passed through the market, Scotia Group jumped $4.50 to close at $49.50 with an exchange of 36,229 stock units and Seprod advanced by $2.99 in closing at $54 and exchanging 7,026 shares.

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: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market gives up recent gains

August 25, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market gave up all then gains over the last two days and more at the end of trading on Tuesday with the market declining after more stocks fell than rose as investors exchanged 30 percent more shares at 68 percent greater value than on Monday.
At the close, the All Jamaican Composite Index plunged 7,196.97 points to 400,671.99, the Main Index dived by 6,519.21 points to settle at 365,673.87 and the JSE Financial Index shed 1.97 points to end at 96.55.
Trading ended with 40 securities changing hands compared to 42 securities on Monday and it ended with the prices of 14 stocks rising, the prices of 18 declining and eight remaining unchanged and the average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 15,897,876 shares for $260,424,238 compared to 12,210,225 units at $154,837,388 on Monday.
Carreras led trading of 4.98 million shares for 31.3 percent of total volume followed by Wigton Windfarm, with 2.92 million units for 18.4 percent of the day’s trade and Grace Kennedy with 2.72 million units for 17.1 percent market share. Transjamaican Highway was the only other stock to exceed a million shares and ended with 2.12 million units changing hands.
Trading ended or the day with an average of 397,447 units changing hands at $6,510,606 for each security, in comparison to an average of 290,720 shares at $3,686,604 on Monday. The average trade for the month to date ended at 446,707 units at $2,885,266 for each security, in contrast to 449,733 units at $2,662,511. Trading month to date compares well to July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 9 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Eppley advanced by $1 to close at a 52 weeks’ high of $22, with investors switching the ownership of 116,847 shares, Grace Kennedy increased 49 cents to end at $56.49 trading 2,722,991 units, Jamaica Broilers Group fell $1.50 in closing at $23.50 in exchanging 1,895 stocks. Jamaica Producers Group lost 50 cents to close at $20 with investors swapping 2,147 shares, JMMB Group climbed 44 cents to $30.47 while exchanging 20,425 stock units. Key Insurance shed 70 cents to close at $7.69 and finished trading 75,312 stocks, NCB Financial Group carved out a loss 50 cents in closing at $138.50 while 207,362 stock units changed hands, 138 Student Living carved out a loss 32 cents to close at $5.50 after exchanging 330,439 shares. Proven Investments rose $2 to end at $38 in trading 37,208 stocks. Scotia Group lost 51 cents to end at $45, with 282,290 stock units passing through the market and Seprod declined $3.49 to settle at $51.01 in exchanging 290,603 shares.

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: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Select Fund, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Main Market higher than July close

August 24, 2020 by IC Insider.com

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The Jamaica Stock Exchange Main Market rose on Monday for a second consecutive day and ended at the highest point since the first trading day in August when the All Jamaica Index jumped over 6,400 points from the July close.
At the close, the All Jamaican Composite Index jumped by 4,343.31 points to 407,868.96, the JSE Main Index climbed 4,093.95 points to end at 372,193.08, the JSE Financial Index rose 2 points to settle at 98.52.
Trading ended with 42 securities changing hands compared to 45 securities on Friday, with the prices of eight stocks rising, the prices of 20 declining and 14 remaining unchanged and the average PE Ratio of the market ended at 15.4 based on IC Insider.com’s forecast of 2020-21 earnings.
Investors exchanged 18 percent more shares carry a value that was 185 above that on Friday as the market closed with an exchange of 12,210,225 shares for $154,837,388 compared to 10,324,462 units at $54,359,400 on Friday.
Sagicor Group led trading with 2.41 million shares for 19.7 percent of total volume followed by Pulse Investments with 2.37 million units for 19.4 percent of the day’s trade, Transjamaican Highway with 1.87 million units for 15.3 percent market share, Wigton Windfarm closed with 1.78 million shares commanding 14.5 percent of the day’s trade. Sagicor Select Financial Fund with 1.3 million units or 10.8 percent of overall trade and QWI Investments with 1.2 million stock units for 10 percent of stocks trading.
Trading ended with an average of 290,720 units changing hands for the day at $3,686,604 for each security, in comparison to an average of 229,432 shares at $1,207,987 on Friday. The average trade for the month to date ended, with 449,733 units at $2,662,511 for each security, in contrast to 460,700 units at $2,591,884 .Trading month to date exceeds July , with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 7 stocks ended with bids higher than their last selling prices and one with lower offers.
At the close of the market, Barita Investments declined by $2.60 to settle at $54, with 390 shares crossing the exchange, Caribbean Cement carved out a loss $2.49 to settle at $41.01 in exchanging 5,991 stock units, Eppley jumped $3.18 to settle at 52 weeks’ high of $21 with an exchange of 40,535 units. Jamaica Broilers Group carved out a gain of $2 to close at $25 while trading 2,197 stocks, Jamaica Producers Group fell $2.48 to end at $20.50 with investors swapping 193,306 units, JMMB Group dropped by $1.27, in ending at $30.03 after 24,388 stocks passed through the market. Mayberry Jamaican Equities lost 46 cents in closing at $8.29, with 153 units changing hands, MPC Caribbean Clean Energy gained $2.99 to end at $155, after an exchange of 1,587 units, PanJam Investment declined $3 to end at $65 and cleared the market with 11,980 stock units. Proven Investments climbed $1.90 to $36 after trading 23,024 shares, Scotia Group carved out a loss $2.49 to end at $45.51 with investors switching ownership of 245,287 stock units and Wisynco Group fell 40 cents to close at $16.50 while exchanging 17,470 stocks.

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: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE main market rises on low volume

August 21, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Friday, with the index rising after the heavyweights, Caribbean Cement, NCB Financial, PanJam Investment and Scotia Group rose by a dollar or more, with more stocks falling than rising as investors exchanged 46 percent fewer shares than on Thursday.
At the close, the All Jamaican Composite Index increased 1,974.17 points to settle at 403,525.65, Main Index gained 1,787.12 points to close at 368,099.13 and the JSE Financial Index advanced by 0.67 points to finish at 96.52.
Trading ended with 45 securities changing hands compared to 41 securities on Thursday and ended with the prices of 14 stocks rising, the prices of 17 declining and 14 remaining unchanged. The average PE Ratio of the market ended at 15.5 based on IC Insider.com’s forecast of 2020-21 earnings.
he market closed with an exchange of 10,324,462 shares for $54,359,400 compared to 18,091,098 units at $52,570,216 on Thursday.
Wigton Windfarm led trading with 3.87 million shares for 39.8 percent of total volume, followed by Transjamaican Highway with 2.24 million units for 23.1 percent of the day’s trade and Pulse Investments with 1.88 million units for 19.4 percent market share. Jamaica Broilers Group was the only other stock to exceed a million shares and ended with 1.05 million units changing hands.
Trading for the day ended with an average of 229,432 units changing hands for the day at $1,207,987 for each security, in comparison to an average of 441,246 shares at $1,282,200 on Thursday. The average trade for the month to date ended at 460,700 units at $2,591,884, in contrast to 479,152 units at $2,702,302. Trading month to date compares adversely to July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Cement climbed $1 to settle at $43.50 with an exchange of 15,441 shares, Eppley rose 32 cents to end at $17.82 with 1,000 stock units traded, Grace Kennedy fell 49 cents to finish at $56.01 with 30,079 stocks changing hands. Jamaica Broilers Group carved out a loss of $1.50 to close at $23 with investors transferring 1,049,111 stock units, Jamaica Producers Group jumped 98 cents to end at $22.98 in an exchange of 905 shares. Jamaica Stock Exchange fell 35 cents to settle at $20.14 with 3,815 stock units traded, JMMB Group advanced 60 cents to close at $31.30 with investors switching ownership of 38,865 units, Kingston Properties finished 40 cents higher at $7.60 with 250 stock units changing hands. Kingston Wharves declined by 90 cents to end at $49.10 with an exchange of 3,134 units, NCB Financial Group increased by $1 to close at $139, with 30,821 stocks traded, PanJam Investment climbed $3.50 to end at $68 with investors transferring 932 stock units. Proven Investments carved out a loss of $1.75 to finish at $34.10 with 40,514 stock units changing hands, Scotia Group climbed $1.75 to settle at $48 in the exchange of 27,903 stock units, Seprod dropped 50 cents to end at $54.50 with 5,874 stock units traded and Wisynco Group carved out a loss of 50 cents to close at $16.90 with 48,649 stock units crossing the exchange.
In the preference segment, Eppley 8.75% lost 53 cents to close at $7.47, with 101 shares 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: Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market slips to close Thursday

August 20, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Thursday, with the market declining after more stocks rose than declined, with investors exchanging 48 percent fewer shares than on Wednesday.
At the close, the All Jamaican Composite Index dropped by 223.64 points to settle at 401,551.48, the Main Index declined by 383.35 points to end at 366,312.01, the JSE Financial Index lost 0.10 points to settle at 95.85.
Trading ended with 41 securities changing hands compared to 40 securities on Wednesday and ended with the prices of 20 stocks rising, 11 declining and 10 remaining unchanged. The average PE Ratio of the market ended at 15.4 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 18,091,098 shares for $52,570,216 compared to 34,870,786 units at $314,992,214 on Wednesday.
Radio Jamaica led trading with 10.03 million shares for 55.4 percent of total volume, followed by Wigton Windfarm with 2.21 million units for 12.2 percent of the day’s trade and Transjamaican Highway with 2.0 million units for 11.1 percent market share. Pulse Investments was the only other stock to exceed a million shares and ended with 1.56 million units changing hands.
Trading ended with an average of 441,246 units changing hands at $1,282,200 for each security, in comparison to an average of 871,770 shares at $7,874,805 at the close on Wednesday. The average trade for the month to date ended at 479,152 units at $2,702,302 for each security, in contrast to 482,123 units at $2,813,629. Trading month to date compares well, with a July average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Caribbean Cement fell 77 cents to settle at $42.50 and finishing trading of 8,842 shares, JMMB Group carved out a gain of 67 cents in ending at $30.70 after 55,121 stock units changed hands. Key Insurance declined by 30 cents in closing at $8.09 with investors swapping 4,549 stock units, Kingston Wharves gained $1 to close at $50 after trading at 4,058 shares, Mayberry Investments rose 39 cents to end at $6 and crossing the exchange, with 424,095 stocks. Mayberry Jamaican Equities advanced 46 cents to $8.75, after exchanging 250 shares, Palace Amusement rose $198 to settle at $1750, with 33 units clearing the market, PanJam Investment fell 50 cents in closing at $64.50 in an exchange of 1,366 shares. Proven Investments increased $1.83 to settle at $35.85 in exchanging 3,100 stocks, Seprod carved out a gain of 85 cents to end at $55, after 9,670 shares passed through the market and Wisynco Group increased 85 cents to end at $17.40 in exchanging 9,404 stock units.
In the preference segment of the Main Market, 138 Student Living Preference share declined by 90 cents to end at $5.98, ith 1,349 units 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: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Scotia Group, Seprod, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market dips

August 19, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market declining after more stocks fell than rose after investors exchanged three percent fewer shares than on Tuesday.
At the close, the All Jamaican Composite Index lost 1,637.5 points to settle at 401,775.12, the Main Index lost 1,462.96 points to end at 366,695.36, the JSE Financial Index shed 0.01 point to close at 95.95.
Trading ended with 40 securities changing hands compared to 44 securities on Tuesday and ended with the prices of 13 stocks rising, the prices of 21 declining and six remaining unchanged. The average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 34,870,786 shares for $314,992,214 compared to 33,825,327 units at $268,427,066 on Tuesday.
Wigton Windfarm led trading with 22.4 million shares for 64.2 percent of total volume followed by Sagicor Group with 3.70 million units for 10.6 percent of the day’s trade, Jamaica Broilers Group with 1.70 million units for 4.9 percent market share. Also trading over a million units are Pulse Investments with 1.55 million shares and Sagicor Select Financial Fund 1.25 million units.
Trading ended with an average of 871,770 units changing hands for the day at $7,874,805 for each security, in comparison to an average of 768,757 shares at $6,100,615 on Tuesday. The average trade for the month to date, ended at 482,124 units at $2,813,629 for each security, in contrast to 449,855 units at $2,394,455. Trading month to date compares well to, July with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 8 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments climbed $1.30 in closing at $56.50, with 1,727 shares passing through the market, Caribbean Cement shed 72 cents to end at $43.27 in finishing, with 9,096 units changing hands. Eppley carved out a loss of 40 cents to close at $17.50 in trading 2,000 stock units, Jamaica Producers Group dropped 90 cents in closing at $22 with investors switching ownership of 229,313 stock units. Kingston Properties gained $1.04 to end at $7.20 in an exchange of174 stocks, Kingston Wharves dropped by $5 to close at $49 changing hands 600 units, NCB Financial Group increased $7 to close at $138 after exchanging 98,898 shares. 138 Student Living declined by $1.18 ending at $5.80 after exchanging 325 units, PanJam Investment fell $7 in ending at $65 and exchanging 205 stock units, Proven Investments lost $1.92 to end at $34.02, with 200 stock units changing hands, Scotia Group increased 50 cents to settle at $46.50 with investors swapping 1,500 units. Seprod lost 85 cents to close at $54.15 with an exchange of 325 units and Wisynco Group dropped by 70 cents in closing at $16.55 after exchanging 50,260 stock units.
In the preference segment of the main market, Eppley 8.75% preference shares advanced by 53 cents to end at a 52 weeks’ high of $8 while trading 10 shares.

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: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Trading up market index down

August 18, 2020 by IC Insider.com

The majority of prices fell on the Jamaica Stock Exchange Main Market on Tuesday. The difference between rising and declining stocks narrowed sharply from Monday’s levels but still lagged behind the losing stocks as the volume passing through the market increased 47 percent, with the value jumping 370 percent.
At the close, the All Jamaican Composite Index lost 1,959.50 points to settle at 403,412.62, the Main Index shed 1,852.03 points to close at 368,158.32 and the JSE Financial Index dipped 0.13 points to end at 95.96.
Trading ended with 44 securities changing hands compared to 47 on Monday and ended with the prices of 18 stocks rising, the prices of 20 shares declining and six remaining unchanged. The average PE Ratio of the market ended at 15.3 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 33,825,327 shares for $268,427,066 compared to 23,030,074 units at $57,044,608 on Monday.
Wigton Windfarm led trading with 14.87 million shares for 44 percent of total volume followed by Sagicor Select Financial Fund with 8.83 million units for 26 percent of the day’s trade, Jamaica Broilers Group came next with 4.07 million units for 12 percent market share. Tranjamaica Highway traded 1.95 million shares and 5.8 percent of the volume and Grace Kennedy with 1.8 million units and 5.4 percent of trading.
Trading ended with an average of 768,757 units changing hands at $6,100,615 for each security, in comparison to an average of 490,004 shares at $1,214,010 on Monday. The average trade for the month to date, ended at 449,855 units at $2,394,484 for each security, in contrast to 417,892 units at $2,023,026. Trading month to date compares well, with July that ended with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments shed 80 cents to end at $55.20 in an exchange of 2,447 stock units, Berger Paints fell $1.44 to settle at $11 and finishing with 1,959 stock units changing hands, Eppley carved out a gain of 40 cents to end at $17.90 trading 12,000 units. Eppley Caribbean Property Fund climbed 60 cents in closing at $49.10 in exchanging 6,700 units, Grace Kennedy fell 51 cents to $56.49, with 1,822,315 shares passing through the market, Jamaica Broilers Group dropped $1.25 to close at $24.50 in trading>4,067,555 shares. Jamaica Stock Exchange increased 52 cents to $20.52 after 161,468 units changed hands, Key Insurance increased 62 cents in closing at $8.13 with investors switching ownership of 1,448 stock units, Kingston Properties declined by $1.09 to $6.16, with 1,826 shares changing hands. Mayberry Investments advanced by 75 cents in closing at $5.85, with 36,930 units passing through the market, MPC Caribbean Clean Energy lost $10.99 to close at $152.01 after exchanging 123 stock units, NCB Financial Group declined by $7.50 to close at $131 and finishing with 199,286 stock units crossing the exchange. Palace Amusement rose 50 cents to close at $1,552 after clearing the market with 19 units, PanJam Investment climbed $2 to close at $72 with investors swapping 3,804 stocks, Proven Investments rose $2.04 to close at $35.94 and finishing trading of 18,376 shares. Salada Foods carved out a gain of $1 to settle at $29 with investors swapping 50 units, Scotia Group rose $1 to end at $46, with 1,660 stock units changing hands, Seprod carved out a gain of $1 to settle at $55 in trading 16,225 stock units. Stanley Motta fell 33 cents in finishing at $4.80 trading 1,000 stocks and Sygnus Credit Investments lost 39 cents to end at $15.50, with 22,258 shares 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: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main market closes higher on Monday

August 17, 2020 by IC Insider.com

Seventy-five percent fewer shares traded on the Jamaica Stock Exchange Main Market on Monday than on Friday, but the market closed higher even as more stocks fell than those rising.
At the close, the All Jamaican Composite Index climbed 1,190.14 points to settle at 405,372.12; the Main Index rose 1,139.72 points to end at 370,010.35, the JSE Financial Index rose 0.39 points to settle at 96.09.
Trading ended with 47 securities changing hands compared to 44 securities on Friday and ended with the prices of 13 stocks rising, 21 stocks declining, with 13 remaining unchanged. The average PE Ratio of the market ended at 15.4 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 23,030,074 shares for $57,044,608 compared to 20,605,919 units at $226,351,750 on Friday. Wigton Windfarm led trading with 18.64 million shares for 81 percent of total volume followed by Transjamaican Highway with 1.16 million units for 5 percent of the day’s trade and Sagicor Select Financial Fund with 1.09 million units for 4.8 percent market share.
Trading ended with an average of 490,004 units changing hands for $1,214,010on Monday, in comparison to an average of 468,316 shares at $5,144,358 on Friday. The average trade for the month to date ended at 417,892 units at $2,023,026 for each security, in contrast to 409,246 units at $2,120,026. Trading for the month to date compares well, with July’s average trade of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with the bid higher than the last selling price and three with lower offers.
At the close of the market, Eppley Caribbean Property Fund lost 60 cents to settle at $48.50, with 17,041 shares crossing the market, First Rock Capital gained 74 cents in closing at $13 and trading 3,660 stocks, JMMB Group shed 81 cents to close at $30.34, with 162,375 units changing hands. Key Insurance declined 48 cents in closing at $7.51 after 8,181 shares crossed the exchange. Kingston Properties shed 35 cents to settle at $7.25 with investors switching ownership of 412 units, Kingston Wharves climbed 50 cents to end at $53.80, with 8,650 units changing hands, Mayberry Investments lost 30 cents to finish at $5.10 after 15,770 shares crossed the market. Mayberry Jamaican Equities lost 65 cents to end at $8.10 with an exchange of 7,945 shares, MPC Caribbean Clean Energy climbed $11 to $163 in trading just one share, Palace Amusement dropped $138.50 to $1,551.50, with nine units crossing the market. PanJam Investment lost $2 to end at $70 trading 3,160 units, Portland JSX advanced by 38 cents to close at $7.88 with an exchange of 9,700 stocks, Salada Foods rose $3 to $28 in trading 13,594 stock units. Scotia Group gained 95 cents in ending at $45 while exchanging 11,930 stock units and Seprod lost 99 cents to end at $54 and crossing the exchange with 26,126 stocks.
In the preference segment, Eppley 8.25% shed $1.05 to close at $7.45, while trading 1,020 stock units and 138 Student Living Preference share, gained 90 cents, in closing at a 52 weeks’ high of $6.88 after investors switched the ownership of 200 shares.

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: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Community & Workers Co-operative Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE main Market make last minute rise

August 14, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Friday with the market rising in the last few minutes ahead of the close after more stocks rose than declined as investors exchanged 47 percent fewer shares with a value that was 67 percent greater than on Thursday.
At the close, the All Jamaican Composite Index gained 833.71 points to settle at 404,181,98, the Main Index carved out a rise of 772.67 points to end at 368,870.639 and the JSE Financial Index added 0.05 points to close at 95.70.
Trading ended with 44 securities changing hands compared to 43 securities on Thursday and ended with the prices of 19 stocks rising, the prices of 14 declining and 11 remaining unchanged. The average PE Ratio of the market ended at 15.5 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 20,605,919 shares for $226,351,750 compared to 39,119,819 units at $135,564,924 on Thursday.
Wigton Windfarm led trading with 10.3 million shares for 50 percent of total volume followed by Pulse Investments with 3.3 million units for 16 percent of the day’s trade and Kingston Wharves with 1.9 million units for 9.3 percent market share. The only other stock trading over a million shares is Transjamaican Highway, with 1.3 million units.
Trading ended with an average of 468,316 units changing hands, for the day at $5,144,3583 for each security, in comparison to an average of 909,763 shares at $3,152,673 on Thursday. The average trade for the month to date, ended at 409,246 units at $2,120,026, for each security, in contrast to 401,777 units at $1,737,639 on Thursday. Trading month to date compares well to July, with an average of 392,128 shares for $2,444,356.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Berger Paints gained $1.44 to end at $12.44 with an exchange of 2,044 stocks, Caribbean Cement gained $2 to settle at $44, with 20,410 shares changing hands, Eppley carved out a gain of $2.38 to close at $17.50 in trading just ten stock units. Eppley Caribbean Property Fund increased $2.10 after closing at $49.10, trading 23,400 units, First Rock Capital lost 73 cents to close at $12.26 in an exchange 0f 31,493 shares. Jamaica Broilers Group added 26 cents to end at $26 and clearing the market, with 366,302 stock units, Jamaica Producers increased 90 cents to end at $22.90 and finishing with 8,565 shares changing hands, Jamaica Stock Exchange lost 54 cents to close at $20 in trading 130,275 stock units. JMMB Group rose $1.15 to settle at $31.15, trading 23,103 shares, Key Insurance gained 92 cents to end at $7.99 in exchanging 19,577 stock units, MPC Caribbean Clean Energy carved out a gain of $2 in ending at $152 and finishing trading of 800 stock units. Palace Amusement dropped $93.83 to close at $1,690 with investors switching ownership of 10 units, PanJam Investment jumped $3.50 to $72 with an exchange of 86,201 stock units, Proven Investments carved out a gain of 21 cents to close at $34.01 in trading 12,430 stock units. Scotia Group carved out a loss $1.95 in ending at $44.05 in exchanging 102,735 shares, Seprod climbed 99 cents to $54.99, with 7,744 stocks changing hands and Wisynco Group lost 29 cents to end at $17.50 clearing the market with 177,442 stock units.
In the preference segment of the Main Market, Eppley 8.75% gained 97 cents to end at $7.47 with 2,000 stock units .crossing the exchange.