For a second consecutive day, stocks led the market into a decline on Thursday as 38 percent more shares changed hands, with 54 percent higher value than on Wednesday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 1,456.58 points to 432,347.80, the JSE Main Index shed 1,284.83 points to 394,204.94 and the JSE Financial Index lost 0.07 points to settle at 99.02.
Trading ended with 45 securities, down from 47 on Wednesday, with prices of 18 stocks rising, 17 declining and 10 remaining unchanged. The PE Ratio averages 17.1 based on ICInsider.com forecast of 2020-21 earnings.
Trading ended with 10,771,883 shares for $75,221,344 up from 7,798,057 units at $48,760,883 on Wednesday. Wigton Windfarm led trading with 28.6 percent of total volume, after an exchange of 3.08 million shares followed by Sagicor Select Financial Fund with 21.5 percent for 2.32 million units, Transjamaican Highway with 10.5 percent of the day’s trade for 1.13 million units and Sagicor Select Manufacturing & Distribution Fund with 10 percent for 1.08 million units.
Trading for the day averaged 239,375 units at $1,671,585, compared to an average of 165,916 shares at $1,037,466 on Wednesday. The average trade month to date ends at 256,266 units at $2,210,133, in contrast to 257,553 units at $2,251,139 on Wednesday. February closed with an average of 419,015 units at $2,509,660.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Carreras fell 29 cents to $8.71 trading 98,683 stocks, Eppley Caribbean Property Fund rose 96 cents to $41 with 50 stock units changing hands. First Rock Capital gained 40 cents to close at $16.50 in switching ownership of 58,298 units, Jamaica Broilers finished 49 cents higher at $30 in trading 39,230 shares, Jamaica Producers declined $1 to $22 after trading 15,304 stock units. Kingston Wharves fell $1.09 to $43.90 with the swapping of 14,722 units. Mayberry Investments shed 28 cents to close at $5.35, with 16,479 shares crossing the exchange, Mayberry Jamaican Equities shed 49 cents to end at $7.50 in transferring 3,306 stocks, NCB Financial gained 60 cents in closing at $142.50, with 246,999 shares changing hands.
138 Student Living gained 24 cents in ending at $5.40, after clearing the market with 15,702 shares, Pan Jam Investment declined by $1 to $66 with the swapping of 794 units, Proven Investments advanced $1.50 to $34.50 in exchanging 72,037 stock units. Pulse Investments shed 28 cents to close at $4.14 after trading 496,531 units, Scotia Group dropped $3.59 to close at $40.11, with 29,893 stocks crossing the market, Seprod shed $1 to end at $72 in exchanging 17,660 stock units and Wisynco Group lost 49 cents to close at $15.03, with 216,294 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index declined 2,779.81 points to 433,804.38, the Main Index fell 2,520.23 points to 395,489.77 and the JSE Financial Index lost 0.86 points to settle at 99.09.
Trading averaged 165,916 units at $1,037,466, compared to 175,488 shares at $1,731,775 on Tuesday. Trading month to date averaged 257,553 units at $2,251,139, in contrast to 265,470 units at $2,355,997 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
Sagicor Real Estate Fund rose $1.11 to $8.32, with 476 stocks clearing the market, Salada Foods climbed $2.80 to $44.50 in trading 2,804 units. Scotia Group gained 70 cents to end at $43.70, with 41,169 stocks crossing the market, Seprod closed 99 cents higher at $73 in switching ownership of 4,342 units and Wisynco Group declined 20 cents to $15.52 after exchanging 140,490 units.
The All Jamaican Composite Index climbed 2,301.07 points to 436,584.19, the JSE Main Index advanced 2,049.07 points to end at 398,010.00 and the JSE Financial Index rose 0.72 points to 99.95.
Trading averaged 175,488 units at $1,731,775, down from 211,498 shares at $1,978,267 on Monday. Month to date trading averaged 265,470 units at $2,355,997, versus 273,584 units at $2,412,290 on Monday. February closed with an average of 419,015 units at $2,509,660.
Sagicor Real Estate Fund fell 99 cents to $7.21, after clearing the market with 820 stocks, Salada Foods shed 80 cents to end at $41.70 with 23,847 stocks crossing the exchange, Scotia Group fell $1 to $43, transferring 293,556 shares. Seprod advanced $1.31 to $72.01 with investors switching ownership of 26,824 stock units and Supreme Ventures lost 41 cents to close at $15 after trading 127,248 stocks.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and three with lower offers.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and five with lower offers.
Sagicor Group rose 89 cents to $49.89 with the swapping of 267,625 shares, Salada Foods fell $1.75 to $42.75 after exchanging 459 stocks, Scotia Group shed 49 cents to close at $44 in switching ownership of 441,597 shares. Seprod declined $4.80 to end at $71 trading 32,504 units, Supreme Ventures gained 45 cents to end at $15.95 with 89,009 shares clearing the market and Victoria Mutual Investments shed 24 cents to close at $5.01 with 89,019 stocks crossing the market.
The All Jamaican Composite Index climbed 4,287.22 points to 436,237.85, the Main Index advanced by 3,845.10 points to 397,725.35 and the JSE Financial Index gained 0.85 points to close at 99.80.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and nine with lower offers.
Sagicor Group fell 99 cents to $49, with 2,825 shares crossing the market, Salada Foods climbed $3.50 to $44.50 with the swapping of 2,533 stock units, Scotia Group advanced $1.49 to $44.49, with 60,614 shares clearing the market. Seprod climbed $4.80 to close at $75.80 trading 20,614 stocks, Sterling Investments lost 32 cents in settle at $2.65 in switching ownership of 13,369 units, Supreme Ventures shed 45 cents to end at $15.50 trading 16,743 stock units and Sygnus Credit Investments advanced 54 cents to $14.99, with 33,181 shares crossing the market.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and four with lower offers.
Salada Foods fell 60 cents to $43.90 trading 11,179 units, Scotia Group ended $3.99 lower at $40 with the swapping of 65,792 stock units, Supreme Ventures gained 21 cents to close at $15.65 in switching ownership of 20,943 shares. Sygnus Credit Investments fell 39 cents to $14.71 after exchanging 43,500 stock units and Wisynco Group gained 28 to end at $16.19, with 40,072 stock units changing hands.
The All Jamaican Composite Index rose 112.20 points to 434,066.88, the Main Index rose 101.54 points to 395,838.08 and the JSE Financial Index gained 0.25 points to settle at 99.77.
Investor’s Choice bid-offer indicator reading has eight stocks ending with bids higher than their last selling prices and six with lower offers.
Proven Investments rose 65 cents to $34.56, with the swapping of 138,367 shares, Salada Foods ended 50 cents higher at $44.50 after transferring 25,275 units. Scotia Group advanced 99 cents to $43.99 in exchanging 789 stocks, Seprod rose $1.81 to end at $70 trading 3,703 units and Sterling Investments gained 24 cents to close at $3.01 in switching ownership of 181 stocks.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and two with lower offers.
138 Student Living lost 40 cents to close at $5.60 in an exchange of 100 units, Palace Amusement dropped $83.28 to close at $801.72, after exchanging 73 units, PanJam Investment rose $2 to $68 with the swapping of 19,468 stock units, Proven Investments climbed 71 cents to $33.91 trading 84,673 units. Sagicor Group shed 60 cents to $50.50 in switching ownership of 131,285 stock units. Salada Foods fell 50 cents to $44 with an exchange of 1,700 stocks, Scotia Group climbed $2.99 to $43 trading 565,293 shares, Supreme Ventures lost 64 cents to close at $15.31 in exchanging 11,850 units and Wisynco Group fell 33 cents to $15.90 and finishing trading of 133,175 stock units.
The All Jamaican Composite Index fell 2,201.29 points to 433,411.08, the Main Index dropped 1,957.22 points to 395,223.27 and the JSE Financial Index lost 0.51 points to settle at 100.07.
Trading averaged 411,240 units at $1,482,838 for each security, compared to an average of 303,306 shares at $1,419,986 on Tuesday. Trading month to date averaged 358,582 units at $1,676,782 for each security, in contrast to 336,641 units at $1,757,591 on Tuesday. February closed with an average of 419,015 units at $2,509,660.
NCB Financial declined $1 to $141, with 53,913 stock units crossing the market, Palace Amusement dropped $67.03 to $885, with 210 units changing hands, PanJam Investment finished 90 cents lower at $64.10 trading 8,674 stock units. Proven Investments advanced $1.75 to $39, with an exchange of 35,591 stocks, Sagicor Real Estate Fund rose 43 cents to $8.35 with the swapping of 15,997 shares, Salada Foods declined $2.99 to $38.51 with 8,295 units clearing the market. Stanley Motta gained 34 cents to close at $5.35 after exchanging 212 units and Supreme Ventures fell $1.20 to $15 in transferring 90,750 stocks.