Ciboney stunning rise clocks gains of 783%

Ciboney continues to create waves in the Jamaican financial market. The price closed at a fresh new multi-year high not seen since 1993. In Wednesday’s trading on the Jamaica Stock Exchange Main Market, the stock last traded at $2.13 with year to date gain of 783 percent.

New record high for the JSE Junior Market.

Trading on Wednesday with the market rising modestly, with 47 securities changing hands, down from 46 on Tuesday and closed with 18 rising, 16 declining and 13 remaining unchanged.
The All Jamaican Composite Index advanced 173.69 points to 430,236.99, the Main Index rose 148.82 points to 392,387.19 and the JSE Financial Index shed 0.33 points to close at 99.80.
The PE Ratio averages 16.9 based on ICInsider.com forecast of 2020-21 earnings.
Some 45 percent more shares traded with a 17 percent dip in value than on Tuesday as 29,447,608 shares traded for $158,590,501 compared to 20,247,118 units at $191,400,586 on Tuesday. Pulse Investments led trading with 47.5 percent of total volume, after 13.98 million shares changed hands, followed by Sagicor Select Manufacturing & Distribution Fund 17.9 percent with 5.27 million, Transjamaican Highway accounted for 13.8 percent with 4.06 million units, Ciboney Group chipped in 5.1 percent for 1.52 million units and Sagicor Select Financial Fund 4.2 percent with 1.25 million units.
Trading for the day averaged 626,545 units at $3,374,266, compared to 440,155 shares at $4,160,882 on Tuesday. Trading month to date averaged 403,340 units at $2,586,520 for each security, in contrast to 389,008 units at $2,535,940 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has eleven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Caribbean Cement lost 50 cents to finish at $62.50 in transferring 51,901 shares, Carreras rose 39 cents to $7.70, with the swapping of 211,134 stock units, Ciboney Group closed 41 cents higher at a 36 years record of $2.12, with 1,515,402 units crossing the market. Eppley climbed $3 to $28, with an exchange of 9,867 stock units, Eppley Caribbean Property Fund fell 52 cents to $41, with 8,710 stock units crossing the market, Grace Kennedy advanced $3.50 to $80, with 530,278 units changing hands. JMMB Group gained 44 cents to end at $33, in trading 50,399 shares, Key Insurance ended 39 cents lower at $5, after exchanging 74,836 stock units, Kingston Wharves dipped 30 cents to $46.20, with a transfer of 11,753 stocks. Mayberry Investments lost 21 cents to end at $5.29, after an exchange of 42,700 stock units, Mayberry Jamaican Equities slipped 23 cents to $7, in an exchange of 7,762 shares, 138 Student Living fell $1.40 to $5.10 in exchanging two shares. Palace Amusement fell $199.90 to a 52 weeks’ low of $800, with 380 stocks crossing the market, Sagicor Group gained 31 cents to end at $51.31, in an exchange of 12,316 stocks, Salada Foods rose $1.51 to $41.50, with the swapping of 4,036 shares. Scotia Group closed 75 cents higher at $42.50, with 267,313 stock units crossing the exchange, Seprod advanced $1.54 to $69.54 trading 26,590 shares, Stanley Motta lost 35 cents to close at $5 in exchanging 31,207 units. Sygnus Credit Investments advanced 99 cents to $15.49 after transferring 70,560 stock units and Wisynco Group rose 90 cents to $16.45, with investors switching ownership of 73,639 shares.

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

Ciboney stunning 613% two months’ gain

Ciboney Group continued its extraordinary run by climbing 31 cents to finish at a new multi-year high of $1.71 on Tuesday with trading 1,438,112 units being bought by stock market investors as they pushed the gains for the year to date to 613 percent, with the stock being the leading winner of on the market so far in 2021.
Trading ended with stocks playing hopscotch, one day up one day down, on the Jamaica Stock Exchange Main Market, with the market declining after almost the same number of stocks rose as fell. The value of trading climbed 202 percent, with only 23 percent more shares exchanged than on Monday.
The All Jamaican Composite Index lost 513.21 points to end at 430,063.30, the Main Index shed 464.43 points to 392,238.37 and the JSE Financial Index lost 0.33 points to settle at 100.13.
Trading ended with 46 securities changing hands, down from 47 on Monday and closed with 19 stocks rising, 20 declining and seven remaining unchanged. The PE Ratio averages 17 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders swapped 20,247,118 shares for $191,400,586 up from 16,438,991 units at $63,472,730 on Monday. Transjamaican Highway led trading with 24.1 percent of total volume, after an exchange of 4.88 million shares followed by Sagicor Select Financial Fund 16.9 percent with 3.41 million units, Wigton Windfarm 11.3 percent for 2.29 million units. QWI Investments ended with 9.8 percent of the day’s trade for 1.99 million units, Ciboney Group 7.1 percent for 1.44 million units, Sagicor Manufacturing & Distribution Fund with 6 percent for 1.22 million units and Grace Kennedy with 5.2 percent market share for 1.05 million units.
Trading for the day averaged 440,155 units at $4,160,882, versus 349,766 shares at $1,350,484 on Monday. Trading month to date averaged 389,008 units at $2,535,940, in contrast to 385,578 units at $2,426,979 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Eppley finished 90 cents higher at $25 in trading 30,782 shares. Grace Kennedy shed 50 cents to $76.50, after clearing the market with 1,052,007 stocks. Jamaica Producers gained 20 cents in closing at $20.20, with 2,209 stocks changing hands. Jamaica Stock Exchange advanced $1.15 to $18.86, with 17,936 units crossing the exchange, JMMB Group ended 44 cents lower at $32.56 after transferring 44,530 shares, Kingston Wharves climbed $1.50 to $46.50 after an exchange of 2,500 stocks. 138 Student Living rose 45 cents to $6.50 after exchanging 8,916 units, PanJam Investment shed 50 cents to end at $65, in switching ownership of 43,014 shares, Proven Investments lost 33 cents to $37.20 trading 11,441 stock units, Sagicor Group fell 70 cents to $51 with 20,215 stocks clearing the market. Salada Foods advanced $2.99 to $39.99, with the swapping of 40,380 units, Scotia Group declined by $1.25 to $41.75, after exchanging 132,995 shares, Seprod shed $1 in closing at $68 with 3,164 stock units changing hands. Sygnus Credit Investments fell $1.10 to $14.50, in exchanging 51,037 units and Wisynco Group shed 95 cents to close at $15.55, with 94,561 shares changing hands.
In the preference segment, Eppley 8.75% preference share shed 55 cents in closing at $6.85, with 634 units crossing the market.

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

JSE majors enjoy market index rise

Stocks ended a mixed day of trading with the market indices climbing at the close of trading on the Jamaica Stock Exchange Main Market ended trading on Monday even after more stocks declined than rose, with 46 percent more shares trading than on Friday.
At the close, the All Jamaican Composite Index gained 1,612.03 points to 430,576.51, the Main Index climbed 1,458.81 points to 392,702.80 and the JSE Financial Index gained 0.87 points to settle at 100.46.
Trading ended with 47 active securities, up from 46 on Friday, with 13 rising, 20 declining and 14 remaining unchanged. The PE Ratio closed with an average of 17.1 based on IC Insider.com’s forecast of 2020-21 earnings.
Traders exchanged 16,438,991 shares for $63,472,730 compared to 11,266,697 units at $57,405,399 on Friday. Transjamaican Highway led trading with 26.1 percent of total volume, after 4.29 million shares changed hands followed by Wigton Windfarm with 16.1 percent for 2.64 million units. Sagicor Select Financial Fund accounted for 13.5 percent market share with 2.23 million units, Ciboney Group 11.2 percent with 1.84 million units, Sagicor Select Manufacturing & Distribution Fund 8.2 percent for 1.34 million units and QWI Investments with 6.3 percent of the day’s trade for 1.04 million units.
Trading for the day averaged 349,766 units at $1,350,484, compared to 244,928 shares at $1,247,943 on Friday. Trading month to date averaged 385,578 units at $2,426,979, versus 388,213 units at $2,506,158 on Friday. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
At close of trading, Berger Paints rose 57 cents to $13.88, with 180 shares changing hands, Ciboney Group increased 7 cents to a new multi-year high of $1.40 with an exchange of 1,842,996 stock units, First Rock Capital dropped $1 to $15, trading 1,594 stock units, Jamaica Producers lost 32 cents at $20, with the swapping of 36,429 stocks. Jamaica Stock Exchange shed $1.29 to close at $17.71 after trading 26,436 units, JMMB Group rose 50 cents to $33, with a transfer of 36,696 shares, Key Insurance closed 30 cents lower at $5.20, with an exchange of 48,232 units. Kingston Wharves lost 55 cents to end at $45, with 5,651 shares crossing the market, Palace Amusement climbed $92.99 to $999.99 after exchanging 52 stock units. 138 Student Living fell $1.95 to $6.05 in exchanging 82,943 shares, PanJam Investment dipped 52 cents to $65.50, in an exchange of 25,618 units, Proven Investments shed 46 cents to $37.53 with 2,000 shares changing hands. Sagicor Group rose $1.60 to $51.70, with 13,166 stocks crossing the exchange, Salada Foods declined by $3 to $37, with the swapping of 23,788 shares, Scotia Group advanced by $2 to $43 after exchanging 54,147 units. Seprod climbed $2.15 to $69, with 16,385 stock units changing hands, Stanley Motta lost 25 cents in closing at $5.20 trading 418 shares and Sygnus Credit Investments rose $1.17 to $15.60, in transferring 69,924 stocks.
In the preference segment, JMMB Group 7.25% rose 35 cents to $1.60 trading 7,856 shares.

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

Ciboney’s extraordinary run to new high

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The volume of stocks trading climbed 20 percent above Tuesday’s level but with 51 percent less dollars chasing stocks, with Ciboney accounting for a third of the volume and hitting a new multi-year high, in continuation of an extraordinary run for the stock in recent weeks, after the Jamaica Stock Exchange Main Market resumed activity on Thursday, following the closure for the Ash Wednesday holiday.

Ciboney traded at a new 52 weeks’ high of $1.03.

The All Jamaican Composite Index rose 530.13 points to close at 429,893.90, the Main Index advanced 648.27 points to 392,156.46 and the JSE Financial Index lost 0.14 points to close at 100.15.
Trading ended with 49 securities changing hands, up from 45 on Tuesday and closed with prices of 17 stocks rising, 21 declining and 11 remaining unchanged.
The PE Ratio averages 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with 11,779,247 shares for $46,765,256 versus 9,841,467 units at $95,818,004 on Tuesday. Ciboney led trading with 32.3 percent of total volume, after an exchange of 3.8 million shares at a new multi-year high of $1.03 and closing with the bid at $1.07. Transjamaican Highway followed with 14.6 percent for 1.72 million units, Sagicor Select Financial Fund 14.5 percent with 1.70 million units changing hands and QWI Investments accounted for 9.3 percent of volume traded with 1.1 million units.
Trading for the day averaged 240,393 units at $954,393 for each security, compared to an average of 218,699 units at $2,129,289 on Tuesday. Month to date averages 399,327 units at $2,608,760 for each security, in contrast to 413,643 units at $2,752,324 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has 14 stocks ending with bids higher than their last selling prices and one with a lower offer.
At the 1 PM close, Berger Paints fell 88 cents to $13.01 with 9,279 stocks traded, Caribbean Cement shed $1.49 to finish at $61.50, with 3,874 units changing hands. Carreras lost 25 cents to end at $7, after exchanging 901,960 shares, Eppley climbed $1.72 to $24.70, with 12,456 stock units clearing the market, First Rock fell 50 cents to $15.50 with investors swapping 18,565 stocks. Grace Kennedy fell $2 to $77 with 33,896 units changing hands, Jamaica Producers dipped 33 cents to $20.01 with 2,694 shares traded, Kingston Wharves jumped $3 to $48, with an exchange of 2,609 stock units. Mayberry Equities advanced 60 cents to $7.20 with a transfer of 500 stocks, MPC Caribbean Energy jumped $20.99 to $156 with 500 shares traded. NCB Financial gained 50 cents to close at $140 with 51,047 stocks changing hands, 138 Student Living dipped 35 cents to $5.05 with a transfer of 5,317 shares, Palace Amusement dropped $92.99 to $907 with an exchange of 37 units, Portland JSX climbed 39 cents to $8.40 with 6,360 shares trading. Proven Investments increased $1.49 to $37.99 with 600 stocks traded, Sagicor Group shed $1.70 in closing at $50 with 50,015 units changing hands, Seprod gained $2 to settle at $69 with an exchange of 29,388 stock units. Sygnus Credit Investments rose 35 cents to $14.90, trading 54,293 units and Victoria Mutual Investments advanced 27 cents to $5.80 with 139,146 shares crossing the exchange.
In the preference segmentEppley 8.25% fell by 85 cents to $6.50 with 24,003 units changing hands and Eppley 8.75% lost 40 cents to $7 with an exchange of 2,003 shares.

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

Pull back for JSE majors on Tuesday

Stocks gave back some of the gains of the last two trading days, with the Jamaica Stock Exchange Main Market index slipping just over 600 points at the close of trading on Tuesday after stocks rising and declining were equal as 53 percent fewer shares were exchanged than on Monday.
The All Jamaican Composite Index fell 686.84 points to 429,363.77, the Main Index lost 618.66 points to 391,508.19 and the JSE Financial Index rose 0.43 points to 100.29.
At the one PM close, 45 securities traded, similar to Monday, with 18 rising, 18 declining and nine remaining unchanged. The PE Ratio closed with an average of 16.6 based on ICInsider’s forecast of 2020-21 earnings.
Traders exchanged 9,841,467 shares for $95,818,004 versus 21,102,556 units at $91,864,402 on Monday. Wigton Windfarm led trading with 18.5 percent of total volume, after 1.83 million shares traded followed by Transjamaican Highway with 11.5 percent for 1.14 million units and Sagicor Select Manufacturing & Distribution Fund with 11.2 percent of the day’s trade for 1.11 million units.
Trading averaged 218,699 units at $2,129,289, compared to 468,946 shares at $2,041,431 on Monday. The month to date averaged 413,643 units at $2,752,324, close to the average of 431,223 units at $2,808,510 on Monday. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments lost 39 cents to close at $81.51 after exchanging 7,208 units, Ciboney Group gained 26 cents to settle at a multi-year high of 90 cents, in a transfer of 905,384 stock units, Eppley shed 67 cents to finish at $22.98, with 4,989 units changing hands. Grace Kennedy fell by $1 to $79, with the swapping of 818,124 shares, JMMB Group rose 29 cents in closing at $33.29 trading 79,843 units, Kingston Wharves declined by $2 to $45 crossing the market with 23,796 stocks. Mayberry Jamaican Equities lost 40 cents to end at $6.60, in exchanging 47,905 shares, MPC Caribbean Clean Energy shed $2 to close at $135.01, after the swapping of 461 stock units, NCB Financial Group closed 80 cents higher at $139.50, with 26,697 stocks changing hands. 138 Student Living gained 40 cents in ending at $5.40 trading 514,395 stocks, PanJam Investment dropped $2.89 to $65.01 after an exchanging of 601 stock units. Proven Investments slipped $1.48 to $36.50 trading 1,513 units, Radio Jamaica gained 6 cents to close at $1.56 with the swapping of 554,673 shares, after traded as high as $1.80 during the morning session. Sagicor Group rose 70 cents to $51.70, with 18,406 stocks clearing the market. Scotia Group finished 97 cents lower at $42, after 18,751 shares crossing the market and Seprod gained $1 to end at $67, in an exchange of 14,613 units.
In the preference segment, Eppley 8.25% rose $1.25 in closing at $7.35 exchanging 100 units and JMMB Group 7.25% gained 41 cents to end at $1.61 trading 11,242 shares.

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

Rising stocks dominate JSE majors

Rising stocks outclassed declining ones by more than a two to one ratio in Jamaica Stock Exchange Main Market activity on Friday leading to a decent bounce in the market indices on Thursday, with 92 percent jump in the value of stocks traded.
At the close, the All Jamaican Composite Index climbed 4,748.93 points to 428,013.58, the Main Index advanced by 4,304.89 points to 390,278.54 and the JSE Financial Index gained 0.88 points to close at 99.36.
Trading ended with 43 securities changing hands, down from 44 on Thursday and closed with 25 rising, 11 declining and seven ended unchanged. The PE Ratio ended at an average of 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 14,347,348 shares for $215,600,304 compared to 14,742,217 units at $112,092,139 on Thursday. Jamaica Broilers led trading with 35 percent of total volume, after an exchange of 5.02 million shares followed by QWI Investments 13.2 percent with 1.89 million units, Transjamaican Highway with 11.9 percent market share for 1.71 million units and Wigton Windfarm with 8.1 percent for 1.16 million units.
Trading for the day averaged 333,659 units at $5,013,961, versus 335,050 shares at $2,547,549 on Thursday. The month to date averages 427,484 units at $2,884,542, close to 437,301 units at $2,661,756 on Thursday. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Barita Investments rose by $1 to $81, with 222,411 shares changing hands, Berger Paints fell by $1.60 to $12 trading 16,831 units, Caribbean Cement added $3.81 to end at $63.92, with the swapping of 7,798 stock units. Ciboney Group advanced 11 cents to close at 52 weeks’ high of 55 cents, with 310,629 shares clearing the market, First Rock Capital rose by $1 to $16 exchanging 48,810 units, Grace Kennedy declined by $2.50 to $82.50, with 51,108 stock units changing hands. Jamaica Broilers rose $1.99 to end at $28.99, trading 5,021,831 shares, Jamaica Producers gained 80 cents to close at $20.50, exchanging 9,755 stock units, Kingston Wharves gained $1.30 to end at $47.80 trading 5,633 units. Mayberry Investments climbed 20 cents to $5.50 trading 60,070 stock units, NCB Financial closed $1.65 higher at $138.65, with the swapping of 111,606 shares. Palace Amusement declined by $50.01 to close at $999.99, in exchanging 200 stock units, PanJam Investment advanced $3.81 to $70, with 3,166 stocks crossing the market, Salada Foods shed 90 cents to end at $40, with 16,019 units changing hands, Seprod climbed $4.99 to $70 after 55,651 shares crossed the market. Stanley Motta gained 45 cents to settle at $5.35 exchanging 945,893 stocks, Supreme Ventures slipped 50 cents to end at $15.50, in switching owners for 96,790 stock units, Sygnus Credit Investments gained 55 cents to finish at $15.75 trading 55,266 shares. Victoria Mutual Investments rose 28 cents to $5.79, with 113,332 units changing hands and Wisynco Group gained 36 cents in ending at $16.35, trading 108,260 stock units.

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

Grounds lost by JSE Majors

Stocks gave back much of the gains generated on Wednesday with a loss of 77 percent of the gains in the market indices on Thursday at the close of the Jamaica Stock Exchange Main Market after 66 percent fewer shares were exchanged at half the values of Wednesday traded.
At the close, the All Jamaican Composite Index declined by 2,490.53 points to 423,264.65, the Main Index shed 2,253.82 points to 385,973.65 and the JSE Financial Index gained 0.19 points to settle at 98.48.
Trading ended with 44 securities changing hands, down from 48 on Wednesday and closed with prices of 21 stocks rising, 15 declining and eight remaining unchanged. The PE Ratio closed with an average of 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Traders exchanged 14,742,217 shares for $112,092,139 compared to 43,738,990 units at $240,182,541 on Wednesday. QWI Investments led trading with 29.1 percent of total volume, after exchanging 4.29 million shares followed by Wigton Windfarm with 26.7 percent for 3.92 million units, Sagicor Select Manufacturing & Distribution Fund with 10.6 percent with 1.57 million units and Transjamaican Highway with 7.1 percent of the day’s trade for 1.04 million units.
Trading for the day averaged 335,050 units at $2,547,549, down from 911,229 shares at $5,003,803 on Wednesday. The month to date averaged 437,301 units at $2,661,756, in contrast to 449,559 units at $2,675,448 on Wednesday. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments rose $1.06 to close at $80, with 588,158 stock units clearing the market, Caribbean Cement fell $1.89 to $60.11 with 4,366 shares changing hands. Ciboney Group rose 3 cents in closing at a 52 weeks’ high of 44 cents in an exchange of 238,374 stock units, Eppley advanced $1.95 to $21.95, trading 3,055 units. Grace Kennedy climbed $3 to a 52 weeks’ high of $85 after exchanging 75,489 stocks, Jamaica Broilers gained 45 cents to close at $27 transferring 216,267 shares, Jamaica Producers slipped 80 cents to $19.70 with the swapping of 201,327 units. Jamaica Stock Exchange gained $1.14 to end at $18.80 trading 11,400 stocks, Kingston Wharves declined by $1.50 to $46.50 after 160 shares crossed the market, NCB Financial rose $1 to close at $137, in exchanging 50,970 stock units. PanJam Investment finished $1.19 higher at $66.19 trading 3,371 units, Portland JSX shed 79 cents to $8.01 with an exchange of 6,410 stock units, Proven Investments closed 60 cents lower at $37.40, trading 7,985 units. Salada Foods rose 90 cents to end at $40.90 with 4,399 stock units changing hands, Scotia Group fell $1.50 to $42.50 after exchanging 147,223 stocks, Seprod declined by $1.01 to $65.01 trading 16,487 stocks. Supreme Ventures slid $1.10 to $16, in transferring 113,376 stock units and Victoria Mutual Investments lost 28 cents to close at $5.51 after crossing the market with 6,600 shares.
In the preference segment, Eppley 8.25% rose $1 to close at $8 with 3,529 units clearing the market and Productive Business Solutions 9.75% preference share gained 50 cents to end at $110.50 with one stock unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Biggest one-day JSE move for 2021

Falling stock prices dominated trading on the Jamaica Stock Exchange on Tuesday with the prices of almost half of stocks that traded falling in price, compared a third that rose and resulting the market suffering the biggest single day move for the year to date.
The All Jamaican Composite Index plunged 6,111.53 points to close at 422,532.67, the Main Index dived 5,742.57 points to 385,325.02, and the JSE Financial Index shed 1.79 points to settle at 98.30.
Trading ended with 44 securities changing hands, down from 49 on Monday and closed with prices of 14 stocks rising, 21 declining and nine remaining unchanged. The PE Ratio closed with an average of 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 16,697,777 shares for $80,072,023 compared to 14,886,632 units at $96,260,639 on Monday. Transjamaican Highway led trading with 41.9 percent of total volume, after an exchange of 6.99 million shares followed by Wigton Windfarm with 21.9 percent for 3.66 million units and Pulse Investments with 13.9 percent market share for 2.32 million units changing hands.
Trading averaged 379,495 units at $1,819,819, compared to 303,809 shares at $1,964,503 on Monday. Trading month to date averaged 380,091 units at $2,325,100, close to 380,187 units at $2,405,945 on the Monday. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator shows twelve stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments fell $1.09 to $80.01 trading 274,409 units, Caribbean Cement gained 49 cents at $60, in an exchange of 6,937 stock units, Eppley Caribbean Property Fund declined by $7.85 to $41.05, with 2,160 shares changing hands. Grace Kennedy climbed $3.20 to a 52 weeks’ high of $77.80 after investors swapped 88,441 units, Jamaica Stock Exchange fell 70 cents to $18.30, with a transfer of 3,409 stocks, Key Insurance closed at $4.90, after losing $1.35 in exchanging 265,016 shares, Kingston Wharves rose 20 cents to $45.20, in switching ownership of 2,207 stock units. Palace Amusement lost $41.85 at $1,000 trading 7 units, PanJam Investment advanced by $2.30 to $66.30, with 1,488 stock units clearing the market. Proven Investments ended $2.27 lower at $38.73, in exchanging 12,014 shares, QWI Investments carved out a gain of 5 cents in ending at 52 weeks’ high of $1.10, with 836,913 stocks crossing the market. Sagicor Group fell by $1 to $49 trading 18,525 stock units, Sagicor Real Estate Fund shed 29 cents to close at $8, with the swapping of 7,685 shares. Salada Foods slipped 34 cents to $43.90, in trading 27,112 stocks, Seprod slid $1.78 to $68.22, with 30,235 stock units changing hands, Stanley Motta settled at $4.95, with a loss of 40 cents trading 24,000 stock units. Supreme Ventures gained 25 cents in closing at $17, after the transfer of 56,294 units and Victoria Mutual Investments fell 5 cents to close at $5.75 trading 20,428 shares.

In the preference segment, Eppley 8.25% shed $1 in closing at $7, with 513 units crossing the market.

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

Gains for JSE Main Market

Trading activity jumped on Monday with 66 percent more shares crossing the market than on Friday, with the value just marginally up, when the Jamaica Stock Exchange Main Market closed.
At the close, the All Jamaican Composite Index rose 399.84 points to 428,644.20, the Main Index advanced by 590.88 points to 391,067.59 and the JSE Financial Index gained 0.10 points to settle at 100.09.
Trading ended with 49 securities changing hands, up from 45 on Friday and closed with 24 rising, 18 declining and seven remaining unchanged. The PE Ratio now averages 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 14,886,632 shares for $96,260,639 compared to 8,950,572 units at $95,033,632 on Friday. Pulse Investments led trading with 33.1 percent of total volume, after exchanging 4.92 million shares, followed by Wigton Windfarm with 18.1 percent for 2.69 million units, Transjamaican Highway ended with 17 percent of the day’s trade for 2.53 million units and QWI Investments accounted for 11 percent with 1.63 million units changing hands leading the price to close at a 52 weeks’ high of $1.05.
Trading averaged 303,809 units at $1,964,503, compared to 198,902 shares at $2,111,859 on Friday. Month to date averages 380,187 units at $2,405,945, in contrast to 396,747 units at $2,501,656 on the prior trading day. Trading in January averaged 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Berger Paints rose 69 cents to $13.89 after exchanging 1,389 shares, Caribbean Cement shed 49 cents to settle at $59.51, in trading 6,907 stock units. Eppley gained 40 cents in closing at $22.50, with 51 stock units changing hands. Eppley Caribbean Property Fund advanced by $7.84 to $48.90, after transferring 11,351 shares, Grace Kennedy ended 90 cents higher at $74.60 after trading 253,665 stock units and trading at a 52 weeks’ intraday high of $77.48, Jamaica Producers slipped 34 cents to finish at $19.61, in exchanging 2,649 stocks, Jamaica Stock Exchange lost 24 cents to close at $19 trading 3,544 stock units. JMMB Group fell by $1.12 to $31.83, with an exchange of 125,485 shares, Kingston Properties gained 25 cents to close at $7.25, after the swapping 31 units. Kingston Wharves declined $1.50 to $45, with an exchange of 4,903 shares, MPC Caribbean Clean Energy advanced by $3 to $140, after exchanging 335 units. NCB Financial declined $2.45 in closing at $135, with 141,010 stock units changing hands, Palace Amusement climbed $191.85 to $1,041.85, with 101 stocks crossing the market, Proven Investments finished at $41, with gains of $2.10 trading 18,860 stock units. Sagicor Group fell by $2 to $50, with 14,927 shares crossing the market, Salada Foods dropped $5.66 to $44.24, with an exchange of 20,124 units. Scotia Group rose $1 to $44, with the swapping of 7,875 shares, Seprod shed $1.51 to end at $70, after exchanging 6,708 shares, Supreme Ventures slid 65 cents to $16.75, with 44,266 stock units crossing the market and Wisynco Group lost 36 cents to end at $16.19, with an exchange of 671,770 shares.
In the preference segment, Eppley 8.75% preference shares rose 81 cents to close at $7.40, with 20 stocks changing hands and Eppley 8.25% advanced by $1 to $8 trading a mere one unit.

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

JSE Main Market falters

The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market declining after more stocks fell than rose as investors exchanged 51 percent fewer shares than on Tuesday.
At the close, the All Jamaican Composite Index fell by 1,979.75 points to 425,569.16, the Main Index dropped 1,835.84 points to 388,248.59 and the JSE Financial Index dipped 0.54 points to 98.79.
Trading ended with 47 active securities, up from 45 on Tuesday and closed with prices of 16 stocks rising, 18 declining and 13 closing unchanged. The PE Ratio closed with an average of 16.7 based on ICInsider.com forecast of 2020-21 earnings.
The market closed with trading of 9,831,136 shares for $72,026,838 compared to 19,931,036 units at $67,469,926 on Tuesday. Wigton Windfarm led trading with 22 percent of total volume, after exchanging 2.16 million shares followed by Pulse Investments with 18.9 percent for 1.86 million units. QWI Investments ended with 14.7 percent for 1.45 million units after trading at an intraday 52 weeks’ high of 99 cents and Transjamaican Highway with 11.8 percent of the day’s trade for 1.16 million units.
Trading for the day averaged 209,173 units at $1,532,486, compared to 442,912 shares at $1,499,332 on Tuesday. The month to date averaged 498,459 units at $2,982,324 or each security, in contrast to 649,530 units at $3,739,461 on the prior trading day. Trading in January averaged 311,275 units at $1,432, 133.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Eppley shed 63 cents to end at $22.12, in exchanging 1,337 shares, First Rock Capital gained 51 cents to close at $13.21, with 24,949 units crossing the exchange, Grace Kennedy slipped 31 cents to $74.60 trading 116,636 shares, having traded at an intraday 52 weeks’ high of $77.47. Jamaica Broilers fell by $4 to $26, with 892,635 stock units changing hands, Jamaica Producers gained 40 cents to close at $20, with 1,285 stocks crossing the market, Jamaica Stock Exchange advanced by $1.80 to $19, in switching ownership of 22,367 stock units. JMMB Group fell $1.60 to $32, with an exchange of 116,860 units, Kingston Wharves rose $1.20 to $46.50, in trading 3,234 shares, Mayberry Jamaican Equities advanced by $1.08 to $7.50, in exchanging 72,000 stock units. MPC Caribbean Clean Energy finished $8 lower at $137 trading 12 shares, NCB Financial Group rose $1 to $137, with 7,146 shares changing hands, Palace Amusement dropped $200 to end at 52 weeks’ low of $850, after an exchange of 24 shares. Pan Jam Investment fell by $1 to $64, in switching ownership of 821 units, Pulse Investments lost 28 cents at $4.70, with an exchange of 1,857,207 stock units, Sagicor Group declined by $3 to $49, with 61,577 shares crossing the market. Sagicor Real Estate Fund gained 25 cents to close at $8.25, with a transfer of 3,826 stocks. Salada Foods advanced by $5.75 to end at a 52 weeks’ high of $42.75, in switching ownership of 17,465 units. Seprod climbed $2.98 to $73.50, with an exchange of 9,932 units, Stanley Motta gained 29 cents to end at $5.35 trading 1,000 shares and Wisynco Group rose 30 cents to $16.55, with the swapping of 521,881 shares.

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