Main market stocks start the week down

Stocks raced 2.949 points shortly after opening, with All Jamaican Composite Index hitting 452,005.57 on Monday, but some amount of selling, later on, pushed the market down for the day, with the declining stocks outnumbering those rising, after 28 percent less funds went after stocks than on Friday on the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index fell 1,335.19 points to 447,721.13, the Main Index dropped 4,869.78 points to 424,662.52 and the JSE Financial Index shed 1.85 points to settle at 106.69.
Trading ended with 51 securities compared to 47 on Friday and closed with 14 stocks rising, 23 declining and 14 remaining unchanged. The PE Ratio, based on ICInsider.com forecast of 2021-22 earnings, averages 16.2.
The market closed with 10,081,649 shares trading for $68,340,342 compared to 9,057,061 units at $95,375,441 on Friday. Sagicor Select Financial Fund was the lead trade accounting for 26.3 percent of total volume, with 2.65 million shares, followed by Wigton Windfarm with 17.7 percent for 1.79 million units, Transjamaican Highway carved out 17.5 percent, with 1.76 million units and QWI Investments 10 percent, with 1.05 million units changing hands.
Trading averaged 197,679 units at $1,340,007, compared to 192,703 shares at $2,029,265 on Friday. Month to date trading averages 330,371 units at $3,975,781, in contrast to 357,658 units at $4,517,815 on Friday. April averaged 234,200 units at $1,772,561.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments shed 60 cents to $86 after an exchange of 26,212 shares, Berger Paints slipped 79 cents to close at $12.71 in switching ownership of 518 units, Caribbean Cement lost 22 cents to end at $89.98 with a transfer of 15,291 shares. Eppley fell 30 cents to $34.20 with 24,628 stocks changing hands, Grace Kennedy rose 55 cents to close at $89, after trading 105,257 stock units, Jamaica Broilers advanced $2.98 to $33 after clearing the market with 332,852 shares, Jamaica Producers fell $1.50 to $26 in the swapping 32,469 stock units. Mayberry Investments gained 44 cents to close at $5.95 while trading 40,044 shares, MPC Caribbean Clean Energy declined $3 to end at 52 weeks’ low of $125 in switching ownership of 839 units, Palace Amusement dropped $52 to $856 in exchanging 93 stock units. Pan Jam Investment shed 50 cents and ended at $64 with 12,386 shares changing hands, Proven Investments lost 58 cents in closing at $38.20 in transferring 36,735 units, Pulse Investments rose 24 cents to close at $4.65 with 341,070 shares crossing the market, Sagicor Select Manufacturing & Distribution Fund advanced 8 cents to close at a 52 weeks’ high of $1 while exchanging 221,761 units. Salada Foods dipped 30 cents to close at $9, trading 144,058 stock units, Scotia Group fell $1.29 to $40.51 in exchanging 61,843 shares, Seprod declined $4 to close at $71 after 17,111 units crossed the exchange. Supreme Ventures shed 49 cents to settle at $17.31 after an exchange of 136,667 stock units, Sygnus Credit Investments gained 29 cents to end at $14.89 with 34,847 units changing hands.
In the preference segment, Eppley 8.75% preference share shed 99 cents at $6.51 with the swapping of 585 stocks and Eppley 7.5% preference shares advanced $1.40 to a 52 weeks’ high of $10.75 in an exchange of 50 units.

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

Guardian blasts JSE Market Index higher

The trading of Guardian Holdings shares on Jamaica Stock Exchange Main Market on Thursday saw the price surging $290.52 ending at $873 and blasting the JSE Main Index up 16,869.80 points to 422,743.06, but the better measure of the local market’s performance was the much more moderate rise of 1,416.87 points to 447,339.23 on the All Jamaican Composite Index at the same time the JSE Financial Index rose 6.31 points to 105.76.
Trading ended with 51 securities compared to 50 on Wednesday and closed with prices of 21 stocks rising, 16 declining and 14 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.5.
The market closed with 14,011,500 shares trading for $108,072,314 compared to 14,404,463 units at $119,739,515 on Wednesday. Sagicor Select Financial Fund led trading with 32.9 percent for an exchange of 4.61 million shares followed by Wigton Windfarm with 29.6 percent for 4.15 million units and QWI Investments 7.8 percent, with 1.1 million units.
Trading averaged 274,735 units at $2,119,065, compared to an average of 288,089 shares at $2,394,790 on Wednesday. Month to date trading averages 396,230 units at $5,099,715, in contrast to 437,538 units at $6,113,136 on Wednesday. April averaged 234,200 units at $1,772,561.

Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Barita Investments advanced $3.04 to $88 in trading 23,498 units. Berger Paints rose 50 cents to $13.20 with 2,264 stocks clearing the market, Caribbean Cement finished $2 higher at $90 after exchanging 13,677 stock units, Eppley lost 23 cents to end at $34.50 with 412 stocks changing hands, Eppley Caribbean Property Fund climbed $4.04 to $44.80, with 9,004 units clearing the market, First Rock Capital fell 47 cents to $17 with the transfer of 26,006 shares. Guardian Holdings jumped $290.52 to end at a 52 weeks’ high of $873 while trading 2,899 shares, Jamaica Broilers advanced $2.20 to $33 in the swapping of 599,456 stock units, Jamaica Producers closed $3.50 higher to a 52 weeks’ high of at $31 with 156,379 stocks crossing the market, Jamaica Stock Exchange rose 63 cents to $17.80 with 2,000 stock units changing hands. JMMB Group advanced $1.10 ending at $33.10 in switching ownership of 567,724 shares, Margaritaville declined $2.38 to close at a 52 weeks’ low of $14.50 after exchanging 4,900 units, Mayberry Investments fell 60 cents to $5.60 with the transfer of 5,000 stocks. NCB Financial gained 50 cents to settle at $139 in trading 68,878 shares. 138 Student Living shed 80 cents to end at $4.20 in exchanging 2,697 shares, PanJam Investment rose $1.25 to $63.50 in exchanging 22,174 units, Proven Investments gained 75 cents to finish at $37.77 trading 7,198 stock units, Sagicor Group rose 99 cents to end at $49.49 after crossing the market with 50,855 units. Salada Foods lost 28 cents in closing at $9.70 in transferring 261,746 stock units, Stanley Motta gained 20 cents to close at $6.20 with an exchange of 3,100 shares. Supreme Ventures lost 26 cents to end at $17.24 after crossing the market with 69,748 stock units and Wisynco Group gained 52 cents to close at $15.90 with the swapping of 134,365 stock units.

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

Major rebound for Main Market

Trading activities returned to more normal levels on Tuesday, with the market rebounding from a massive 12,000 plus points drop of the All Jamaican Composite Index on Monday. The market closed on Tuesday, with more stocks rising than declining, but with a 65 percent drop in volume after 87 percent less funds chased stocks than on Monday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index climbed 9,180.51 points to 444,936.95 after the index rose to a high in the morning session to 449,375.45. The Main Index advanced 8,254.00 points to 405,057.23 and the JSE Financial Index rose 1.11 points to settle at 99.34.
Trading ended with 48 securities compared to 52 on Monday and closed with prices of 20 stocks rising, 18 declining and 10 remaining unchanged as two stocks closed at 52 weeks’ high and one at a 52 weeks’ low. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.4.
The market closed with 13,252,508 shares trading for $91,030,300 compared to 37,973,727 units at $706,200,616 on Monday. Wigton Windfarm led trading with 26 percent of total volume for an exchange of 3.44 million shares, followed by Transjamaican Highway with 19.74 percent for 2.62 million units and Radio Jamaica 10.8 percent, with 1.43 million units.
Trading averaged 276,094 units at $1,896,465, compared to 730,264 shares at $13,580,781 on Monday. Month to date trading averages 512,262 units at $7,972,309. April averaged 234,200 units at $1,772,561.
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, Berger Paints shed 80 cents to close at $12.70, trading 16,246 shares. Caribbean Cement advanced $3 to end at $90 with 66,131 stock units changing hands, Eppley gained 24 cents in ending at $34.74 with the transfer of 8,667 units, Eppley Caribbean Property Fund closed 74 cents lower at $40 after crossing the market with 14,250 stock units. First Rock Capital declined $1.09 to $17.50 trading 9,372 units, Jamaica Producers advanced $3 to a 52 weeks’ high of $30 after exchanging 63,913 shares, Jamaica Stock Exchange gained 26 cents in closing at $17.31 with the swapping of 1,615 stock units. JMMB Group shed 90 cents to settle at $31.90 in switching ownership of 86,169 shares, Margaritaville declined $2.99 to a 52 weeks’ low of $17.01 with the transfer of 3,101 units. Mayberry Investments lost 65 cents to end at $5.25 in an exchange of 96,817 stocks, Mayberry Jamaican Equities fell $1.79 to close at $7.20 after crossing the market with 52,300 shares, NCB Financial rose $1 to $139 with an exchange of 26,195 units. Palace Amusement climbed $49.50 to $900 with 252 stocks changing hands, PanJam Investment fell $3 in closing at $61 in trading 133,113 shares, Sagicor Group rose $1.01 to end at $48.51 after exchanging 47,529 stocks, Salada Foods continues its relentless rise, with a gain of 35 cents in ending at 52 weeks’ high of $9.50 in an exchange of 270,188 shares. Scotia Group advanced $2.30 to $41.80 with the transfer of 224,092 stocks, Seprod gained 55 cents to close at $80 in switching ownership of 24,938 shares, Stanley Motta ended 50 cents higher at $6 trading 4,665 stocks. Supreme Ventures picked up 48 cents to finish at $17.95 in swapping 721,683 shares and Wisynco Group lost 40 cents to end at $15.35 with 272,429 units changing hands.

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

16,632 points drop in JSE All Jamaica Index

Stocks suffered more than a 16,600 points swing in trading on Monday after the Main Market stocks jumped 4,268 points to a multi-month high of 452,388.58 after 14 minutes of the markets opening as the All Jamaican Composite Index plunged 12,364.61 points from Friday’s close to close at 435,756.44 on the Jamaica Stock Exchange Main Market.
The JSE Main Index dropped 11,219.79 points to 396,803.23 and the JSE Financial Index declined 2.16 points to t 98.23.
Trading ended with 52 securities from 53 on Friday and closed with 17 stocks rising, 21 declining and 14 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.5.
Trading ended with the volume rising 124 percent with the value being 399 percent higher than on Friday.
The market closed with 37,973,727 shares trading for $706,200,616 compared to 16,976,414 units at $141,423,527 on Friday. Sagicor Select Financial Fund led trading with 33 percent of total volume after trading 12.54 million shares followed by Wigton Windfarm 16.9 percent with 6.40 million units, Caribbean Cement with 9.3 percent, with 3.52 million units. Sagicor Select Manufacturing & Distribution Fund accounted for 8.5 percent for an exchange of 3.24 million units, Sagicor Group with 4.9 percent for 1.86 million units, Carreras with 4.6 percent for 1.74 million units, Scotia Group with 3.4 percent market share for 1.28 million units, QWI Investments with 3 percent for 1.14 million units, Transjamaican Highway with 2.7 percent for 1.02 million units and Grace Kennedy with 2.7 percent for 1.01 million units changing hands.
Trading averaged 730,264 units at $13,580,781, compared to an average of 320,310 shares at $2,668,368 on Friday. April averaged 234,200 units at $1,772,561.
Investor’s Choice bid-offer indicator reading has five stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement slipped $1 to $87 with an exchange of 3,518,333 shares, Carreras lost 80 cents to close at $9.15 with the swapping of 1,740,765 stock units, Eppley declined 20 cents to settle at $34.50 trading 1,453 units, First Rock Capital advanced $1.14 to $18.59 with 65,455 stocks changing hands. Jamaica Broilers rose $2.49 to close at $30.99 with investors switching ownership of 778,063 stock units, Jamaica Producers fell $1 to close at $27 in the transfer of 5,547 units, Jamaica Stock Exchange shed 90 cents in closing at $17.05, with 10,542 stocks clearing the market, Margaritaville declined $1 ending at 52 weeks’ low of $20 with 4,005 units changing hands, Mayberry Investments gained 54 cents to close at $5.90 in transferring 579,433 stocks. Mayberry Jamaican Equities finished $1.04 higher at $8.99 in an exchange of 74,861 shares, NCB Financial fell $1 to $138 with an exchange of 941,639 stocks, Palace Amusement dropped $29.50 to $850.50 in switching ownership of 303 stock units. Portland JSX ended $2.64 lower at $7.11 with the transfer of 9,000 shares, Proven Investments rose 23 cents to $38 in the swapping of 16,207 units, Sagicor Group slid $5 in closing at $47.50 with 1,858,449 shares crossing the market. Salada Foods gained $1.74 in ending at a record close of $9.15 in an exchange of 128,211 stock units, Scotia Group shed $2.50 to close at $39.50 in trading 1,279,986 shares. Seprod fell 55 cents to end at $79.45 after 50,221 stock units cleared the market and Stanley Motta lost 40 cents to close at $5.50 with an exchange of 50,000 shares.
In the preference segment, Eppley 7.5% preference share rose 94 cents to end at 52 weeks’ high of $7.19 with 967 shares changing hands, Eppley 8.25% closed 90 cents higher at $7 with 4,059 stock units crossing the market and JMMB Group 7.15% – 2028 gained 30 cents ending at $3 with 100 stock units clearing the market.

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

JSE Main Market at 14 and a half months’ high

Stocks trading started out with spirited early movements on Friday taking the market up by 2,978 points at 8 minutes into the trading session to sit just below the mid-March close, but the market slipped thereafter, with All Jamaican Composite Index hanging to 1,524.26 points to settle at 448,121.05, the JSE Main Index rose up by 1,331.40 points at 408,023.02 and the JSE Financial Index climbed 0.47 points to settle at 100.39, with the majority of price movements ending in favour of falling stocks.
Trading ended with 53 securities compared to 45 on Thursday and ended with 13 rising, 22 declining and 18 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.5.
Trading ended with an exchange of 82 percent more shares valued 77 percent higher than on Thursday as 16,976,414 shares for $141,423,527 compared to 9,318,055 units at $79,985,841 on Thursday. JMMB Group 7.5% preference share led trading with 40.6 percent of total volume for an exchange of 6.88 million shares followed by Wigton Windfarm with 14.8 percent for 2.5 million units, Jamaica Broilers 10.8 percent, with 1.83 million units and Transjamaican Highway with 6.1 percent for 1.04 million units changing hands.
Trading averaged 320,310 units at $2,668,368, compared to an average of 207,068 shares at $1,777,463 on Thursday. Month to date trading averages 234,200 units at $1,772, 561, in contrast to 229,207 units at $1,720,616 on Thursday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement fell $1.25 in closing at $88 with 91,088 shares changing hands, Carreras gained 36 cents to end at $9.95 after clearing the market with 257,861 units. Eppley Caribbean Property Fund dipped 26 cents to end at $40.74 with 1,691 stocks crossing the market. First Rock Capital advanced $1.55 to $17.45 in an exchange of 122,961 units, Jamaica Broilers declined $2.50 to $28.50 with the swapping of 1,830,085 shares, Jamaica Producers shed 45 cents to close at $28 after 8,381 stock units crossed the exchange. Jamaica Stock Exchange lost 20 cents to finish at $17.95 in trading 40,396 shares, Key Insurance closed 33 cents lower at $5.61 with 248,172 units changing hands, Kingston Properties rose $1.12 to end at $8.57 in clearing the market with 1,743 stocks. Margaritaville declined $1.10 to settle at a 52 weeks’ low of $21 in the transfer of 15,002 units, Mayberry Jamaican Equities gained 40 cents to close at $7.95 in exchanging 17,902 shares. NCB Financial Group fell $1 to $139 with the swapping of 63,842 units, Palace Amusement dropped $70 to close at $880 in trading 5 shares, Pan Jam Investment shed $1 to end at $64 in switching ownership of 9,466 units. Proven Investments closed 23 cents lower at $37.77 in an exchange of 6,043 shares, Sagicor Group advanced $2.50 to $52.50 with 139,229 units changing hands. Salada Foods ended 41 cents higher at a 52 weeks’ high of $7.41 in an exchange of 137,535 shares, Stanley Motta shed 50 cents to close at $5.90, with 19,000 stocks crossing the exchange, Supreme Ventures closed 52 cents lower at $17.47 with a transfer of 419,230 shares, Victoria Mutual Investments fell 58 cents to finish at $6.82 in exchanging 233,240 units.
In the preference segment, Productive Business Solutions 9.75% preference share dropped 99 cents to close at $109.51 in switching ownership of 99 stocks.

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

JSE Main Market nearing 14 months’ high

In a continuation of a recent bullish trend, stocks traded higher at the close on Thursday to end at the highest level since March 13 last year, when the All Jamaican Composite Index closed at 456,961.91 on the Jamaica Stock Exchange Main Market.
Traded ended with almost twice the number of stocks rising than declining, after 28 percent fewer shares with a 71 percent loss in value traded compared to Wednesday.
The All Jamaican Composite Index climbed 2,228.06 points to 446,596.79, the JSE Main Index advanced 1,926.50 points to 406,691.62 and the JSE Financial Index lost 0.45 points to settle at 99.92.
Overall, 45 securities, down from 52 on Wednesday and closed with 20 stocks rising, 11 declining and 14 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.4.
Trading ended with 9,318,055 shares for $79,985,841 compared to 12,977,111 units at $274,593,779 on Wednesday. Sagicor Select Financial Fund was the lead volume with 20.2 percent, having exchanged 1.88 million shares, followed by Wigton Windfarm with 19.9 percent for 1.85 million units and QWI Investments with 13.2 percent after 1.23 million units changed hands.
Trading averaged 207,068 units at $1,777,463, compared to an average of 249,560 shares at $5,280,650 on Wednesday. Month to date trading averages 229,207 units at $1,720,616, in contrast to 230,354 units at $1,717,673 on Wednesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than its last selling price and two with lower offers.
At the close, Caribbean Cement jumped $14.25 to close at $89.25 after clearing the market with 69,777 units, following the release of first quarter results showing revenues surging 31 percent and profit jumping 216 percent. Carreras gained 34 cents to end at $9.59 with an exchange of 286,827 shares. Jamaica Broilers advanced $1.49 to $31 with the swapping of 136,227 stock units. Jamaica Producers rose 45 cents to $28.45 after exchanging 64,155 units, Margaritaville declined $5.90 to settle at a 52 weeks’ low of $22.10 in transferring 200 stocks. NCB Financial Group gained 40 cents in closing at $140 with 26,916 units changing hands, PanJam Investment ended $2.48 higher at $65 trading 12,560 shares. Pulse Investments closed 28 cents higher at $4.36 after 395,700 stock units crossed the exchange, Salada Foods dipped 35 cents to $7 with an exchange of 359,341 units. Scotia Group fell $1 in ending at $42 in the swapping of 36,344 stocks, Supreme Ventures rose $1.04 to close at $17.99 with investors switching ownership of 62,609 shares and Victoria Mutual Investments rose 90 cents to end at $7.40 with 126,599 stock units clearing the market.

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

More gains for JSE Main Market

Wednesday marks the twelfth day of unbroken daily gains on the Jamaica Stock Exchange Main Market, in continuation of a recent renewed bullish move, with the volume of stocks traded increasing by 24 percent and the values jumping 384 percent higher than on Tuesday.
The All Jamaican Composite Index rose 937.30 points to 444,368.73, the JSE Main Index advanced 882.22 points to 404,765.12 and the JSE Financial Index remained unchanged at 100.37.
Trading ended with 52 securities, up from 50 on Tuesday and closed with prices of 19 stocks rising, 15 declining and 18 remaining unchanged. Salada Foods, Stanley Motta and Portland JSX traded at 52 weeks’ high while Margaritaville traded at a 52 weeks’ low. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings closed, averages 16.4.
Investors exchanged 12,977,111 shares for $274,593,779 up from 10,464,481 units at $56,687,872 on Tuesday. PanJam Investment led trading with 19.9 percent of total volume for 2.59 million shares followed by Transjamaican Highway with 16.5 percent for 2.14 million units, Wigton Windfarm 12.3 percent with 1.60 million units, JMMB Group chipped in with 9.6 percent for 1.25 million units and Pulse Investments with 7.8 percent for 1.01 million units changing hands.
Trading averaged 249,560 units at $5,280,650, compared to an average of 209,290 shares at $1,133,757 on Tuesday. Month to date trading averages 230,354 units at $1,717,673, in contrast to 229,131 units at $1,490,898 on Tuesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has six stocks ending with bids higher than the last selling prices and two with lower offers.
At the close, Barita Investments declined $1.52 to $84.98 in trading 42,001 shares, Caribbean Cement rose 75 cents in closing at $75 after exchanging 19,914 stocks, Eppley Caribbean Property Fund advanced by $1 to $41 with 60 shares changing hands. Grace Kennedy finished $1 higher at $88 in the trading of 148,802 stocks, Jamaica Broilers declined $2.64 to $29.51 after clearing the market of 98,323 shares. Jamaica Producers gained 30 cents to end at $28 with 16,874 stock units crossing the market, JMMB Group rose $1 to $33 in the swapping of 1,245,210 shares, Margaritaville shed 99 cents and ended at a 52 weeks’ low of $28, with investors switching 2,464 stocks. Mayberry Investments gained 20 cents to close at $5.35 with 42,583 stock units crossing the exchange, NCB Financial Group lost 40 cents to end at $139.60 in a transfer of 46,004 shares, Palace Amusement advanced $1 to $950 with 51 stocks crossing the exchange. PanJam Investment finished $1.10 lower at $62.52 with an exchange of 2,586,959 shares, Portland JSX rose $1.75 to close at a 52 weeks’ high of $9.75 in switching ownership of 14,852 units, Pulse Investments shed 31 cents to settle at $4.08 with the swapping of 1,014,801 stock units. Salada Foods jumped 85 cents ending at a 52 weeks’ high of $7.35 in switching ownership of 50,799 stocks. Seprod dropped $2.48 to end at $80.02 with 13,979 units changing hands, Stanley Motta rose 55 cents in closing at a 52 weeks’ high of $6.40 in transferring 1,008 stocks, Supreme Ventures ended 80 cents higher at $16.95 after trading of 147,975 shares and Sygnus Credit Investments gained 26 cents to close at $15.19 with 28,342 units crossing the market.
In the preference segment, Eppley 8.75% preference shares rose 99 cents in closing at $7.50 with 57 stock units crossing the exchange.

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

10 days of uninterrupted gains

Stocks prices gained on Monday, with the market rising for the tenth consecutive trading day as the market continues to build on its recent break from the triangular formation that constrained its upward movement up to recently. The market closed with the volume of shares exchanged dropping 44 percent with a 55 percent loss in value compared to Friday when trading on the Jamaica Stock Exchange Main Market ended.
Trading was halted towards the original close after the trading platform encountered problems, closing market activity until minutes to 3 pm ahead of the close for the day.
The All Jamaican Composite Index rose 873.62 points to 443,164.19 but went as high as 445,002.01 in the early morning session. The Main Index advanced 804.80 points to 403,647.40 and the JSE Financial Index gained 0.12 points to settle at 100.56.
Trading ended with 52 securities similar to Friday and closed with prices of 20 stocks rising, 16 declining and 16 remaining unchanged. The PE Ratio closed, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.1.
Investors traded 7,978,781 shares trading for $49,570,730 compared to 14,183,739 units at $110,730,479 on Friday. Sagicor Select Financial Fund led trading with 24 percent of total volume for an exchange of 1.91 million shares followed by Transjamaican Highway with 18.1 percent for 1.45 million units and Wigton Windfarm with 11.1 percent for 882,395 units.
Trading averaged 153,438 units at $953,283, down from 272,764 shares at $2,129,432 on Friday. Month to date trading averages 230,425 units at $1,514,180, in contrast to 235,024 units at $1,554,972 on Friday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement advanced $2.95 to close at a 52 weeks’ closing high of $75.95 with 196,318 shares crossing the market, Eppley ended $2.74 higher at $34.74 in switching ownership of 1,297 stock units, Eppley Caribbean Property Fund declined $4 to $40 with 300 units crossing the exchange. Jamaica Producers rose 50 cents to close at $28.50 in the trading of 12,166 shares, Jamaica Stock Exchange gained 38 cents to finish at $17.99 in exchanging 23,230 stocks. JMMB Group shed 49 cents in ending at $32.50 finishing with a transfer at 39,539 shares Key Insurance fell 38 cents to $5.60 after an exchange of 268,004 stock units. Kingston Wharves lost 20 cents to end at $43.60 with 14,639 shares changing hands, Margaritaville finished $2 higher at $30 with the swapping of 2,736 units, Palace Amusement climbed $70 in closing at $940 in an exchange of 112 stocks, PanJam Investment advanced $3 to $66 after a transfer of 3,241 units, Pulse Investments lost 20 cents to close at $4.20 in switching ownership of 592,233 shares. Salada Foods gained 43 cents to close at a 52 weeks’ high of $6.93 in the trading of 118,708 stock units. Scotia Group gained 60 cents to end at $42.50 after exchanging 53,675 units, Seprod fell 50 cents to $82 with the swapping of 6,856 stocks and Victoria Mutual Investments gained 52 cents to end at $6.45 with 254,746 stock units changing hands.
In the preference segment, JMMB Group 7.25% shed 33 cents to close at $2.50 in trading 48 stocks and JMMB Group 7.15% – 2028 lost 30 cents to close at $2.70 in exchanging 501 stock units.
In the corporate bond market, Guardian Holdings bond due 2025 traded 49,995,000 units and lost $3.01 to end at $101.28.

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

9 straight days of JSE Main Market gains

Friday’s trading completed the ninth trading day without a decline in the market of on the Jamaica Stock Exchange Main Market, with the All Jamaican Composite Index advancing 277.45 points to 442,290.57, the Main Index rising 205.25 points to 402,842.60 and the JSE Financial Index adding just 0.22 points to settle at 100.44 on a day with an 80 percent increase in volume and 38 percent in the values traded compared to that on Thursday.
A total of 52 securities traded, up from 49 on Thursday, with prices of 22 rising, 19 declining and 11 remaining unchanged. The PE Ratio, based on ICInsider.com’s forecast of 2021-22 earnings, averages 16.1.
Investors traded 14,183,739 shares for $110,730,479, up from 7,901,235 units at $80,463,111 on Thursday. Sagicor Select Financial Fund led trading with 26.5 percent of total volume trading 3.76 million shares followed by Transjamaican Highway 26.1 percent with 3.71 million units and Sagicor Select Manufacturing & Distribution Fund with 6.8 percent for 969,742 units.
Trading averaged 272,764 units at $2,129,432, compared to 161,250 shares at $1,642,104 on Thursday. Month to date trading averages 236,024 units at $1,554,972, in contrast to 232,142 units at $1,509,917 on Thursday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has five stocks ending with bids higher than the last selling prices and three with lower offers.
At the close, Barita Investments gained 29 cents to close at $86.30, with 96,888 shares crossing the market. Berger Paints shed 50 cents and ended at $12.70 in the trading of 6,364 units, Caribbean Cement dropped $2.25 to finish at $73 after a transfer of 17,161 stocks, Eppley fell $2.76 to $32 with an exchange of 864 units, Eppley Caribbean Property Fund climbed $4 to $44 after a transfer of 58 stocks, Grace Kennedy rose $1 to $88 with 137,798 stocks clearing the market, Jamaica Producers slipped 25 cents to settle at $28 in transferring 9,365 stock units. JMMB Group rose 99 cents to $32.99 with 504,378 shares changing hands, Margaritaville dropped $3 to close at a 52 weeks’ low of $28 in trading 500 shares, MPC Caribbean Clean Energy gained 45 cents to close at $128 in an exchange of 93 shares, NCB Financial Group climbed $1.45 to $140 with the swapping of 26,540 stock units. 138 Student Living declined 40 cents to $5 with 2 stocks changing hands, PanJam Investment declined 60 cents to $63, with 504,975 stocks clearing the market, Proven Investments advanced 94 cents to $37.99 with investors switching ownership of 14,843 stocks, Sagicor Group shed 50 cents to close at $50 with 100,348 stocks crossing the exchange, Salada Foods picked up 30 cents to end at $6.50, with 174,920 shares changing hands, Scotia Group closed 34 cents higher at $41.90 after exchanging 27,609 stock units and Seprod fell 30 cents to $82.50 with 12,264 stock units changing hands.
In the preference segment, JMMB Group 7.25% advanced 37 cents to $2.83 in an exchange of just one share.

Closing prices are those for the last transaction of each stock traded unless otherwise stated.

Modest gains for Main Market on Thursday

After two days of strong gains in the market indices, the market rose moderately on Thursday, with declining stocks just edging out those rising as 85 percent more funds changed hands than on Wednesday in moderate trading on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 187.57 points to 442,013.12, after hitting 443,387.95 just after midday. The Main Index rose 170.79 points to 402,637.35 and the JSE Financial Index added 0.06 points in settling at 100.22.
Trading ended with 49 securities, up from 46 on Wednesday and closed with 17 stocks rising, 19 declining and 13 remaining unchanged and three stock closed at 52 weeks’ high. The PE Ratio, based on ICInsider.com forecast of 2021-22 earnings, averages 16.
The market closed with 7,901,235 shares trading for $80,463,111 compared to 7,818,411 units at $43,587,684 on Wednesday. Wigton Windfarm led trading with 31.1 percent of total volume for 2.46 million shares followed by JMMB Group with 15.8 percent for 1.25 million units and Transjamaican Highway with 12.9 percent for 1.02 million units.
Trading averaged 161,250 units at $1,642,104, compared to an average of 169,965 shares at $947,558 on Wednesday. Month to date trading averages 232,142 units at $1,509,917, in contrast to 238,879 units at $1,499,367 on Wednesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints rose $1.50 to $13.20 with 4,288 shares changing hands, Caribbean Cement gained 25 cents to close at a 52 weeks’ high of $75.25 in the trading of 25,261 stocks, Grace Kennedy shed 50 cents to end at $87 with 93,905 stock units clearing the market. Jamaica Broilers slipped 35 cents to $29.15 in the transfer of 25,790 shares, Jamaica Producers gained 25 cents to end at a 52 weeks’ high of $28.25 with an exchange of 17,108 units, NCB Financial Group declined $1.45 to $138.55 in switching ownership of 35,039 stocks, Palace Amusement advanced $20 in closing at $870 in an exchange of 401 shares, PanJam Investment ended 60 cents higher at $63.60 in transferring 34,829 stocks. Sagicor Group gained 50 cents to close at $50.50 in trading 8,039 shares, Salada Foods picked up 25 cents to settle at a 52 weeks’ high of $6.20 with the swapping of 96,977 stock units and Seprod declined $1.19 to $82.80 in switching ownership of 22,436 shares.
In the preference segment, JMMB Group 7.25% lost 13 cents to close at $1.70, with an exchange of 40,064 units.

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