Stock prices swung sharply both ways up and down on the Main Market of the Jamaica Stock Exchange on Monday, with Seprod leading the way up with $4 bounce, followed by Kingston Wharves with a gain of $2.44, NCB Financial Group up by $1.50 with Barita Investments coming in with the 92 cents gain in helping to lift the Main Market on Monday, with Guardian Holdings falling $10, followed by Pan Jamaica with $3.10, GraceKennedy down $1.70 as Caribbean Cement skidded $1, Jamaica Broilers 94 cents and Scotia Group dropping 93 cents.
Trading activity ended on Monday, with the volume of stocks traded rising 95 percent and the value falling 12 percent lower than on Friday, with trading in 54 securities compared with 52 on Friday, with 19 rising, 23 declining and 12 ending unchanged.
A total of 5,650,950 shares were traded for $35,185,337 compared with 2,896,830 units at $40,206,193 on Friday.
Trading averaged 104,647 shares at $651,580 compared to 55,708 shares at $773,196 on Friday and month to date, an average of 240,476 units at $1,524,746 compared to 249,952 units at $1,585,665 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Wigton Windfarm led trading with 2.61 million shares for 46.2 percent of total volume, followed by Transjamaican Highway with 630,504 units for 11.2 percent of the day’s trade and Wisynco Group with 318,083 units for 5.6 percent market share.
The All Jamaican Composite Index rallied 813.68 points to settle at 347,030.92, the JSE Main Index climbed 136.65 points to end at 311,636.23 and the JSE Financial Index fell 0.47 points to 68.67.
The Main Market ended trading with an average PE Ratio of 12. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments advanced 92 cents and ended at $72.20 with stakeholders exchanging 19,677 shares, Berger Paints rose 45 cents to end at $7.44 after investors ended trading 581 stocks, Caribbean Cement skidded $1 to $49 while exchanging 5,598 stock units. Eppley gained 50 cents in closing at $34 with investors dealing in 301 units, GraceKennedy fell $1.70 to close at $73.20 with dealers transferring 9,741 units, Guardian Holdings dropped $10 to $430 with shareholders swapping 2 stock units.
Jamaica Broilers shed 94 cents in closing at $32.56 in an exchange of 6,946 stock units, Kingston Properties dipped 60 cents to close at $6.90, with 10,106 stocks crossing the market, Kingston Wharves rallied $2.44 to end at $27.94 with 819 shares changing hands. Mayberry Investments popped 48 cents to end at $7.48, with 126 stock units crossing the exchange, Mayberry Jamaican Equities climbed 49 cents and ended at $10.49 after an exchange of 406 stocks, NCB Financial increased $1.50 to close at $65 as 35,384 units passed through the market. Pan Jamaica dropped $3.10 to end at $47 after a transfer of 1,087 stock units, Sagicor Group rose 45 cents in closing at $43.50 with traders dealing in 20,920 stocks, Scotia Group declined 93 cents to $33.52 in an exchange of 255,607 shares,
Seprod gained $4 and ended at $74 with an exchange of 62,271 units and Wisynco Group popped $1.07 to close at a 52 weeks’ high of $21 with 318,083 units clearing the market.
In the preference segment, Jamaica Public Service 7% increased $7.88 to $49.90, with 192 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market rally benefitted from some significant price increases after Guardian Holdings jumped $29, Massy Holdings rose $8.80, Pan Jamaica climbed $3.46, followed by Sagicor Group, adding $1.29 and Caribbean Cement gaining $1.27.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Jamaica Producers lost 95 cents to end at $19 with 4,000 shares, clearing the market. JMMB Group popped 50 cents to $27.50 after trading 36,025 units, Massy Holdings gained $8.80 and ended at $98.80, with just three stocks crossing the market, MPC Caribbean Clean Energy skidded $13.50 in closing at $76.50 as investors exchanged 100 stock units. Pan Jamaica increased $3.46 to close at $50.46 after a transfer of 50 shares, Proven Investments fell $2.24 to end at $21.50 with stakeholders trading 6,000 units, Sagicor Group advanced $1.29 to $43.50 in switching ownership of 3,697 stocks. Seprod popped 50 cents to close at $71.50 after 2,054 stock units crossed the market and Wisynco Group advanced 71 cents in closing at $19.95 in an exchange of 107,030 shares.
In the preference segment, Jamaica Public Service 9.5% dropped $9 to end at $2,890, with one stock changing hands and Productive Business Solutions 9.75% preference share rose $4.25 and ended at $125 with traders dealing in 10 stocks.
remained dismally low even with the volume of stocks traded rising 57 percent and the value jumping 55 percent more than on Wednesday, following trading in 58 securities, up from 53 on Wednesday, with 22 rising, 18 declining and 18 ending unchanged.
The All Jamaican Composite Index popped 3,669.02 points to settle at 347,821.93, the JSE Main Index increased 2,954.52 points to conclude trading at 315,397.91 and the JSE Financial Index popped 0.59 points to 69.50.
Massy Holdings dipped 60 cents to $96.50 with 1,251 shares clearing the market, Mayberry Investments rose 45 cents and ended at $7.45 after 75 stock units passed through the market, but before the company released nine months result with a $985 million loss for the third quarter and $693 million loss for the nine months, after reporting big investment losses in both periods. MPC Caribbean Clean Energy climbed $9 in closing at $90 while exchanging 56 stocks, NCB Financial fell $1.01 to $63.99 as investors exchanged 97,603 units, Pan Jamaica popped $2.10 to close at $50.10 in switching ownership of 90 shares, Sagicor Group dipped 98 cents and ended at $43.50 and closed with an exchange of 4,169 stock units. Scotia Group gained 95 cents to end at $34.70 with traders dealing in just 2,800 stocks, Seprod rallied $4.74 to $70 with shareholders swapping 55,404 units, Supreme Ventures popped 50 cents in closing at $26.75 after 3,600 shares crossed the exchange and Wisynco Group gained $1.40 to end at $19.50 with a transfer of 293,089 stocks.
In the preference segment, Productive Business Solutions 10.5 % preference share jumped $54 to close at $1100 after trading 19 units.
Trading ended with prices of rising and declining stocks totalling 19 each with 15 ending unchanged.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Sagicor Group rose $1.46 in closing at $44.48 after investors traded 26,043 stock units, Salada Foods advanced 42 cents to close at $3.04 104,742 stocks crossing the market, Seprod shed $6.24 and ended at $65.26, with 8,024 shares changing hands. Stanley Motta increased 80 cents to close at $6 with investors dealing in 1,845 units, Supreme Ventures dipped 75 cents to end at $26.25 in trading 30,032 stock units and Wisynco Group dropped 36 cents in closing at $18.10 after 44,718 stocks passed through the market.
Jamaica Public Service 9.5% climbed $10 to end at $2,900 with an exchange of 2 shares and Productive Business Solutions 9.75% preference share jumped $21.75 to $120.75 after a transfer of 1,655 stocks.
The All Jamaican Composite Index gained 1,148.31 points to end at 347,455.34, the JSE Main Index advanced 341.60 points to conclude trading at 315,226.37 and the JSE Financial Index popped 0.04 points to end at 69.31.
Jamaica Broilers skidded $1.25 to $32.75 after a transfer of 36,766 stock units, JMMB Group dropped 97 cents to close at $27.50 as investors traded 31,660 units, Kingston Wharves rallied $3.24 to close at $30.75 with an exchange of 53,840 stocks, Pan Jamaica lost $2.22 to $47.98 with traders dealing in 15,171 stock units, Proven Investments increased $2 to end at $24, with 5,956 shares changing hands, Seprod climbed $2.50 and ended at $71.50 in an exchange of 3,891 stocks, Stanley Motta fell 85 cents in closing at $5.20 with investors dealing in 1,049 stock units and Wisynco Group gained 35 cents and ended at $18.46 with a transfer of 5,160,425 shares.
Productive Business Solutions 9.75% preference share dropped $1 to end at $99 after 729 stock units passed through the market.
A total of 10,576,110 shares were traded for $124,236,160 compared with 29,125,035 units at $83,569,212 on Thursday.
The All Jamaican Composite Index rose 192.48 points to finish at 346,307.03, the JSE Main Index rallied 212.42 points to conclude trading at 314,884.77 and the JSE Financial Index popped 0.92 points to close at 69.27.
Massy Holdings skidded $2.89 to $97.10 with investors transferring 33,175 units. NCB Financial dipped 39 cents to close at $64 in switching ownership of 51,418 stocks, Proven Investments increased 70 cents in closing at $22 after exchanging 1,000 stock units, Sagicor Group rose $1 to $43 in trading 12,457 shares. Salada Foods fell 42 cents to end at $2.62, with 128,964 units crossing the market, Sygnus Real Estate Finance advanced 58 cents to end at $10.14 while exchanging 38 stocks and Wisynco Group shed 89 cents to close at $18.11 after 85,017 stock units changed hands.
In the preference segment, Jamaica Public Service 7% declined $6 and ended at $42, with 620 units passing through the market and Jamaica Public Service 9.5% dropped $10 to close at $2890 with stakeholders exchanging 2,100 stock units.
A total of 29,125,035 shares were traded for $83,569,212 compared with 55,453,072 units at $170,749,021 on Wednesday.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
JMMB Group climbed $1.18 to $28.48 with traders dealing in 15,836 stocks, Kingston Wharves rose $3.78 in closing at $30.89 with stakeholders exchanging 3,149 units. Massy Holdings popped $2.89 to close at $99.99 in an exchange of 601 stocks, MPC Caribbean Clean Energy increased $11 and ended at $81 while exchanging 1,264 units, NCB Financial dipped 59 cents to close at $64.39 with 83,779 shares clearing the market. Sagicor Group dropped 99 cents to end at a 52 weeks’ low of $42 with shareholders swapping 220,189 stock units, Seprod skidded 50 cents to end at $69 with investors dealing in 98,134 units, Supreme Ventures rallied 54 cents to $26.94 in switching ownership of 98,573 stocks and Wisynco Group rose 95 cents in closing at $19 in trading 10,399 stock units.
In the preference segment, Jamaica Public Service 9.5% shed $95 to close at $2,900, with 15 shares crossing the market and 138 Student Living preference share advanced $8.70 and ended at $95.71 with an exchange of 3 shares.
A total of 55,453,072 shares were traded for $170,749,021 compared with 8,304,936 units at $112,080,292 on Tuesday.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Mayberry Investments popped 34 cents to end at $7.34 as investors exchanged 21,264 stock units, Proven Investments skidded 54 cents in closing at $21.26 with a transfer of 11,253 stocks, Sagicor Group rose 89 cents in closing at $42.99 in an exchange of 8,554 shares, Scotia Group advanced 80 cents to end at $33.75 after 19,851 units changed hands and Wisynco Group lost $2.65 and ended at $18.05 after 84,786 stocks passed through the market.
Jamaica Public Service 9.5% skidded $105 to $2995 with stakeholders exchanging 31 stocks and JMMB Group 7% preference share popped 41 cents and ended at $2.28 with the swapping of 27 stock units.
Following the rise in the price of Wisynco, Seprod jumped $4.05 and GraceKennedy by $2.85 but they failed to prevent the market from declining as declines of $11 in MPC Caribbean Energy, $2.57 drop in Eppley, $2.40 in Sagicor Group, $1.43 for Barita, $1.16 in Massy Holdings and 90 cents in NCB Financial weighted down the market.
Transjamaican Highway led trading with 2.97 million shares for 35.8 percent of total volume followed by Wisynco Group with 2.16 million units for 26 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 953,613 units for 11.5 percent of market share.
Eppley Caribbean Property Fund rallied $1.50 and ended at $31.50 after an exchange of 1,256 stock units, First Rock Real Estate lost 40 cents to close at $8 with an exchange of 5,712 stocks, GraceKennedy climbed $2.85 in closing at $74.85 in trading 5,933 shares, Jamaica Producers popped 95 cents and ended at $19.95, with 31,485 units crossing the market. JMMB Group ralled 48 cents to $28.48 in an exchange of 13,788 units, Kingston Properties increased 33 cents to $7.44 with 910 stock units clearing the market, Massy Holdings shed $1.16 to $97.10, with 44,764 shares changing hands, MPC Caribbean Clean Energy dipped $11 and ended at $70 while exchanging 1,764 stocks. NCB Financial dropped 90 cents to close at $65 after 37,789 shares crossed the market, Pan Jamaica rose 96 cents to end at $50.46 with stakeholders exchanging 488 stock units, Proven Investments rose 55 cents in closing at $21.80 after investors traded 6,562 stocks, Sagicor Group fell $2.40 to a 52 weeks’ low of $42.10 and closed with 293,465 units changing hands. Seprod advanced $4.05 in closing at $69.30 after a transfer of 127 units, Supreme Ventures increased 40 cents to close at $26.40 with investors trading 11,352 stocks and Wisynco Group gained $2.68 and ended at a 52 weeks’ high of $20.70 as investors exchanged 2,156,605 stock units.
In the preference segment, Eppley 7.50% preference share shed 41 cents to end at $5.59 with traders dealing in 12,060 shares, Jamaica Public Service 7% climbed $10 to close at $50 in switching ownership of 232 stocks, JMMB Group 7% preference share dipped 42 cents to end at $1.87 passed through the market 5,222 stock units and 138 Student Living preference share rallied $2.01 and ended at $87.01 crossing the market 62 shares.
A total of 8,771,432 shares were traded for $51,325,289 compared with 6,892,036 units at $103,552,949 on Friday.
The Main Market ended trading with an average PE Ratio of 11.8. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Proven Investments skidded 73 cents to close at $21.25 after an exchange of 34,647 units. Scotia Group gained $1 and ended at $33 while trading 126,271 stocks, Stanley Motta popped 84 cents to $6.07 as investors exchanged 3,000 shares. Supreme Ventures rose 45 cents in closing at $26 in an exchange of 112,905 stock units and Sygnus Real Estate Finance declined 44 cents and ended at $9.56 with shareholders swapping 979 units.
Jamaica Public Service 7% skidded $12 and ended at $40 with 246 stock units crossing the market and Productive Business Solutions 10.5 % preference share fell $169 to $1,046 after 25 shares crossed the market.