The volume and value of stocks trading on Tuesday rose 25 percent and 128 percent, respectively above Thursday’s low levels, but prices mostly pulled back after the long holiday break for Easter as the Jamaica Stock Exchange Main Market ended trading, with the market index lower.
The All Jamaican Composite Index shed 2,556.74 points to close at 433,516.90, the Main Index declined 2,363.72 points to 394,990.54 and the JSE Financial Index fell 0.60 points to settle at 99.50.
Trading ended with 48 securities, up from 41 on Thursday and closed with prices of 15 stocks rising, 23 declining and 11 remaining unchanged. The PE Ratio now averages 15.3 based on ICInsider.com’s forecast of 2021-22 earnings, compared to 19 previously based on 2021 earnings.
The market closed with 11,508,850 shares trading for $68,948,550 compared to 9,152,981 units at $30,114,273 on Thursday. Transjamaican Highway led trading with 37.8 percent of total volume after an exchange of 4.32 million shares, followed by Wigton Windfarm with 21.9 percent for 2.51 million units and QWI Investments with 5.6 percent market share for 639,635 units changing hands.
Trading averaged 239,768 units at $1,436,428, up from an average of 223,243 shares at $734,494 on Thursday.
Month to date trading averaged 232,155 units at $1,113,065 in contrast to an average of 354,304 units at $2,543,232 for March.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints fell 93 cents to $12.07, trading 26,486 shares, in contrast, Caribbean Cement advanced $1.84 to $72.02 in exchanging 14,683 stock units, Carreras shed 36 cents to close at $8.54 in transferring 33,218 stocks. Eppley Caribbean Property Fund gained 39 cents to $40.39 trading 984 units, First Rock Capital dropped $1.12 to $15.48 with the swapping of 42,159 stock units, Grace Kennedy rose 50 cents to $88.50 in switching ownership of 22,371 shares, Jamaica Broilers lost 20 cents to close at $29.30 with an exchange of 34,608 units. Jamaica Producers dropped $1.95 to $20.55 with 3,386 stocks changing hands, MPC Caribbean Clean Energy dipped $10 to close at a 52 weeks’ low of $130 with an exchange of 469 stock units. NCB Financial Group ended 50 cents lower at $137 after 136,257 units cleared the market, 138 Student Living gained 21 cents to close at $5.51 trading 542 units,
Palace Amusement climbed $74.35 to end at $799 in exchanging 160 stocks. Salada Foods shed 48 cents to $5.32 with an exchange of 573,683 shares, Scotia Group advanced $1.40 to $42 after transferring 301,254 stock units and Seprod fell $2 in closing at $73 in trading 16,367 units.
In the preference segment, 138 Student Living preference share rose 82 cents to $6.26 in an exchange of 50 shares and Eppley 8.75% preference share gained 41 cents in ending at $7.52 after trading 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index jumped 3,214.49 points to 436,073.64, the JSE Main Index climbed 2,694.71 points to 397,354.26 and the JSE Financial Index gained 0.47 points to settle at 100.10.
Trading averaged 223,243 units at $734,494, compared to 358,011 shares at $2,776,372 on Wednesday. March closed with an average of 354,304 units at $2,543,232.
NCB Financial declined $1.50 to $137.50 with the swapping of 8,595 stock units, Palace Amusement jumped $84.65 to $724.65 after exchanging 61 shares, PanJam Investment fell $3 to $62.50 with the transfer of 21,432 stocks. Proven Investments shed $1.30 to close at $33.70 after 1,955 stock units crossed the exchange, Sagicor Group fell 88 cents to $51 in exchanging 59,338 stocks. Salada Foods ended 95 cents lower at $5.80 with 490,267 shares changing hands, Scotia Group slid 92 cents to $40.60 trading 11,420 stock units, Seprod climbed $5.30 to settle at $75 in exchanging 28,048 units and Supreme Ventures shed 51 cents to $14.89 in the swapping of 13,785 stocks.
The All Jamaican Composite Index advanced 2,324.91 points to 432,859.15, the Main Index rose 2,055.33 points to 394,659.55 and the JSE Financial Index gained 0.40 points to settle at 99.63.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and three with lower offers.
Proven Investments shed 90 cents to close at $35 with an exchange of 11,160 stocks, Sagicor Group advanced $1.89 to close at $51.88 in trading 480,479 shares, Salada Foods rose $1.30 to close at a 52 weeks’ high of $6.75 with a transfer of 13,442 stocks, Scotia Group gained 37 cents to close at $41.52 trading 46,641 units. Supreme Ventures rose 40 cents to close at $15.40 with the swapping of 180,570 stock units, Sygnus Credit Investments declined 47 cents to $14.50 trading 34,579 units, Victoria Mutual Investments advanced 44 cents to $5.89 with the swapping of 122,135 shares, Wisynco Group shed 34 cents to close at $15.11 in exchanging 62,400 shares.
Trading averaged 739,966 units at $5,962,582, up from an average of 279,882 shares at $2,106,961 on Monday. Trading month to date averages 354,133 units at $2,532,457, up from 338,336 units at $2,392,022 on Monday. February closed with an average of 419,015 units at $2,509,660.
NCB Financial rose $1.50 to $140 in exchanging 8,370 shares, Proven Investments gained $1.90 to $35.90 trading 53,710 stock units. Sagicor Group advanced 49 cents to $49.99 with the swapping of 7,945 units. Sagicor Real Estate Fund rose $1.11 to $8.31 after a transfer of 300 stocks, Salada Foods jumped $1.05 to a record close of $5.45, trading 41,837 stock units. Seprod shed $1.50 to close at $69.60 in an exchange of 7,052 stock units, Sygnus Credit Investments gained 37 cents in ending at $14.97 trading 90,548 units and Wisynco Group fell 25 cents to $15.45 after a transfer of 20,763 shares.
The All Jamaican Composite Index declined 1,805.24 points to 431,621.60, the JSE Main Index retreated 1,581.94 points to 393,571.93 and the JSE Financial Index lost 0.58 points to close at 98.88.
Trading month to date averaged 338,137 units at $2,423,642, in contrast to 341,423 units at $2,407,074 on Friday. February closed with an average of 419,015 units at $2,509,660.
Salada Foods lost 50 to finish at $44 with 63,894 stock units crossing the market, Seprod advanced $2.10 to $71.10 with 6,110 units changing hands. Supreme Ventures lost 30 cents to end at $15 with the swapping of 47,761 shares and Wisynco Group rose 40 cents to $15.70 with an exchange of 19,151 stock units.
At the close, the All Jamaican Composite Index shed 48.69 points to 430,693.51, the JSE Main Index declined 53.00 points to 392,618.43 and the JSE Financial Index lost 0.09 points to settle at 98.64.
Investor’s Choice bid-offer indicator reading has thirteen stocks ending with bids higher than their last selling prices and four with lower offers.
Scotia Group ended 74 cents lower at $40.51 with the swapping of 14,908 stock units, Seprod rose $1 to $73 with 45,709 units changing hands. Sterling Investments gained 21 cents to settle at $2.91in the transfer of 24,212 stocks and Wisynco Group shed 62 cents to close at $15.38, with 28,391 stocks changing hands.
The All Jamaican Composite Index advanced 1,009.51 points to 430,742.20, the Main Index rose 966.73 points to 392,671.43 and the JSE Financial Index gained 0.38 points to settle at 98.73.
February closed with an average of 419,015 units at $2,509,660.
NCB Financial declined $1.99 to $138.01 with 38,583 stock units changing hands, 138 Student Living dropped $1.38 to $5.50 in trading 1,050 units, PanJam Investment rose $1.31 to $65.01 with the swapping of 1,097,749 shares, Sagicor Group declined $2 to $48 in trading 60,966 stock units. Salada Foods fell $1.49 to $43 in exchanging 21,731 units, Seprod advanced $2 to $72 in switching ownership of 28,284 shares and Supreme Ventures lost 22 cents to close at $15.28 with 139,631 stocks changing hands.
At the close, the All Jamaican Composite Index dropped 2,156.19 points to 429,732.69, the JSE Main Index declined 1,972.46 points to 391,704.70 and the JSE Financial Index lost 0.57 points to 98.35.
Trading for the day averaged 207,074 units at $2,031,388, compared to 167,329 shares at $989,767 on Monday. Trading month to date averaged 241,646 units at $2,141,408, in contrast to 244,001 units at $ 2,148,902 on Monday. February closed with an average of 419,015 units at $2,509,660.
Mayberry Investments closed 46 cents higher at $5.63 in switching ownership of 2,770 stocks, MPC Caribbean Clean Energy rose $1 to close at $140 after clearing the market with 500 stock units. NCB Financial lost $2 in closing at $140 with the trading of 43,359 units, Palace Amusement climbed $29 to $699 after exchanging 52 shares, PanJam Investment shed 30 cents to settle at $63.70 with 1,670 units changing hands and Seprod fell $1.05 to $70 in an exchange of 32,241 shares.
The All Jamaican Composite Index shed 888.44 points to 431,888.88, the JSE Main Index fell 893.61 points to 393,677.16 and the JSE Financial Index slipped 0.38 points to 98.92.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and one with lower offers.
Scotia Group shed 75 cents to $41.25 trading 21,626 stock units, Seprod slid 95 cents to $71.05 after exchanging 15,843 shares, Sterling Investments gained 31 cents to close at $2.91 after 2,950 stock units crossed the market and Wisynco Group gained 49 cents to close at $15.99 with a transfer of 29,860 units.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
Salada Foods lost 30 cents to finish at $44.20 in swapping 1,782 stocks, Scotia Group rose $1.89 to $42, trading 63,546 shares. Sterling Investments fell 31 cents to $2.60 in an exchange of 6,721 stock units, Supreme Ventures gained 30 cents to finish at $15.40, with 50,715 units crossing the market and Wisynco Group closed 47 cents higher at $15.50, with 16,279 shares clearing the market.