Main Market stocks sip

Trading plunged on Wednesday with the volume of shares trading declining by 8 percent, but the value dropped 72 percent lower than Tuesday leading to an equal number of stocks rising and falling at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index declined 1,097.95 points to settle at 428,730.13, the Main Index fell 1,056.44 points to 388,038.97 and the JSE Financial Index shed 0.72 points to close at 94.62.
Trading ended with 45 securities compared to 50 on Tuesday, with 18 rising, 18 declining and nine ending unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 6,971,534 shares changing hands for $42,325,701 versus 7,587,100 units at $150,880,078 on Tuesday. Wigton Windfarm led trading with 68.2 percent of total volume for an exchange of 4.75 million shares followed by Sagicor Select Manufacturing & Distribution Fund with 9.2 percent for 643,197 units and Transjamaican Highway with 3.1 percent after trading 213,071 units.
Trading averages 154,923 units at $940,571, compared to 151,742 shares at $3,017,602 on Tuesday and month to date, an average of 408,016 units at $5,431,440, compared to 453,032 units at $6,230,211 on Tuesday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dipped 45 cents ending at $90 in switching ownership of 11,378 shares, Caribbean Cement shed $1.49 in closing at $75.99 after trading 42,732 stocks, Eppley advanced $2 to $38 in exchanging 439 stock units. First Rock Capital lost 60 cents to close at $10, with 19,949 units crossing the exchange, GraceKennedy gained 50 cents to end at $99 with a transfer of 55,967 units, Guardian Holdings fell $4 to $520 finishing with 3,104 shares changing hands. Jamaica Broilers advanced $1.19 to $30 with 11,382 stocks crossing the market, Jamaica Stock Exchange lost 40 cents to settle at $16.50 in exchanging 11,203 stock units, Kingston Properties fell 50 cents to $8.50 in transferring 1,010 stocks. Kingston Wharves popped $3 to close at $44 after trading 5,079 units, Palace Amusement dropped $35 to $995 trading 1 share, PanJam Investment rallied 60 cents to $68 with the swapping of 8,643 stock units. Proven Investments gained 34 cents in closing at $33.50 with 700 shares clearing the market, Sagicor Group shed $1.49 to end at $51 after exchanging 8,154 units, Salada Foods rose 33 cents to close at $6.35 in trading 292 stocks. Scotia Group declined $1.47 to $34.03 in an exchange of 37,793 stock units, Supreme Ventures spiked $1.19 to finish at $18.49 with 7,659 units changing hands, Sygnus Credit Investments dipped 49 cents to close at $15 in exchanging 86,031 stocks and Wisynco Group popped 26 cents in closing at $16.30 with 175,332 stock units crossing the market.
In the preference segment, JMMB Group 7.35% – due 2028 rose 31 cents to $3.48 in exchanging 5,693 shares.

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

Trading levels drop on JSE USD market

Trading ended on Wednesday, with the volume of shares changing hands falling 76 percent and valued 84 percent lower than on Tuesday, at the close of the Jamaica Stock Exchange US dollar market, resulting in just two securities changing hands, compared to three on Tuesday with the prices of one declining and the other ending unchanged. 
The JSE US Denominated Equities Index gained 4.83 points to end at 201.53. The PE Ratio, a measure used in computing appropriate stock values, averages 12.2. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 19,170 shares traded, for US$4,043 compared to 81,192 units at US$25,432 on Tuesday.
Trading averaged 9,585 units at US$2,022, down from 27,064 shares at US$8,477 on Tuesday and month to date averages 196,679 shares at US$39,399 versus 211,071 units at US$42,274 on Tuesday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Margaritaville ended unchanged at 9.5 US cents, with 2,076 shares clearing the market and Proven Investments declined 0.5 of a cent to 22.5 US cents after finishing trading of 17,094 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE USD market

More cash passed through the Jamaica Stock Exchange US dollar market on Tuesday, compared to Monday ended, but the volume of shares changing hands declined by 36 percent even as the value surged 465 percent higher and resulted in fewer securities trading at the close.
Just three securities traded, down from six on Monday, with stocks rising, falling and trading unchanged, sharing the honours equally, with one each.
The JSE US Denominated Equities Index lost 3.57 points to end at 196.70. The PE Ratio, a measure used in the computation of  appropriate stock values, averages 12.3. The PE ratio uses earnings forecasts done by ICInsider.com for each company with the financial year ending during the current year up to August 2022.
Overall, 81,192 shares traded for US$25,432 compared to 127,160 units at US$4,503 on Monday. Trading averaged 27,064 units at US$8,477, compared to 21,193 shares at US$751 on Monday and month to date an average of 211,071 shares at US$42,274 compared to 235,072 units at US$46,683 on Monday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Proven Investments remained at 23 US cents, with 70,492 shares clearing the market and Sygnus Credit Investments USD share increased by 0.82 of a cent in closing at 12.82 US cents after trading 200 units.
In the preference segment, JMMB Group 6% lost 14 cents to close at US$1.01 with an exchange of 10,500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market rises

Market activity ended on Tuesday, with the volume of shares trading sliding with 16 percent less funds entering the market than Monday and led to the Jamaica Stock Exchange Main Market enjoying a bounce in the market indices at the close.
The All Jamaican Composite Index gained 596.89 points to end at 429,828.08, the Main Index rallied 707.19 points to 389,095.41 and the JSE Financial Index climbed 0.33 points to settle at 95.34.
A total of 50 securities traded similar to market activity on Monday, with 16 rising, 21 falling and 13 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The JSE Main and USD Market PE ratios shown in the closing quote chart below utilize ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Trading ended with 7,587,100 shares changing hands for $150,880,078 versus 9,012,171 units at $158,576,454 on Monday. Transjamaican Highway controlled 24 percent of total volume to be the leading trade on Tuesday with 1.82 million shares, followed by JMMB Group accounting for 24 percent with 1.82 million units and Wigton Windfarm 14.3 percent with 1.08 million shares.
Trading averages 151,742 units at $3,017,602, compared to 180,243 shares at $3,171,529 on Monday and month to date, an average of 453,032 units at $6,230,211, compared to 527,241 units at $7,021,494 on Monday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicators hows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments popped 45 cents to end at $90.45 after trading 992 shares, Berger Paints lost 74 cents to $12.75 after 5,201 stocks crossed the exchange, Caribbean Cement popped $6.48 in ending at $77.48, with an exchange of 35,791 units. GraceKennedy dropped 39 cents to close at $98.50 with 64,392 stock units changing hands, Guardian Holdings gained $3 in closing at $524, with 107 stocks clearing the market, Jamaica Broilers fell $1.19 to $28.81 with the swapping of 10,002 units. Jamaica Producers rose 50 cents to $24.50 after trading 73,147 stock units, Kingston Wharves shed $1.50 to end at $41, with 31,546 shares changing hands, NCB Financial declined $1.21 after finishing at $120 with an exchange of 411,726 stocks. PanJam Investment spiked 90 cents in closing at $67.40 in switching ownership of 4,793 units, Proven Investments declined 34 cents to close at $33.16 in trading 11,958 shares, Sagicor Group advanced 63 cents to $52.49, with 4,085 stock units crossing the market. Seprod rallied $1.61 in closing at $65 while exchanging 45,460 stock units, Supreme Ventures lost 40 cents to end at $17.30 after exchanging 22,066 stocks and Wisynco Group fell 26 cents to $16.04 after trading 44,039 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market stocks drop to open week

Market activity ended on Monday, with the volume of shares trading rising 20 percent and the value ending 54 percent higher than on Friday on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining by a narrow margin.
The All Jamaican Composite Index declined 1,914.65 points to 429,231.19, the JSE Main Index dropped 1,558.17 points to end at 388,388.22 and the JSE Financial Index lost 0.42 points to close at 95.01.
Trading stirred 50 securities compared to 52 on Friday, with 19 rising, 17 declining and 14 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 9,012,171 shares changing hands for $158,576,454 versus 7,483,770 units at $102,978,128 on Friday. Carreras led trading with 27.5 percent of total volume for an exchange of 2.48 million followed by Wigton Windfarm 24.9 percent with 2.25 million units and Caribbean Cement took 12.9 percent with 1.17 million shares.
Trading averages 180,243 units at $3,171,529, versus 143,919 shares at $1,980,34 on Friday and for the month to date, trading averages 527,241 units at $7,021,494, compared to 640,639 units at $8,279,653 on Friday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and none with lower offers.
At the close, Barita Investments shed 85 cents to close at $90 after exchanging 10,168 stocks, Berger Paints popped 74 cents to $13.49 in trading 441 units, Caribbean Cement fell $12 to close at $71 with the swapping of 1,166,242 shares. Caribbean Producers dipped 40 cents to finish at $9.95 in transferring 47,353 stock units, Eppley Caribbean Property Fund declined $3.50 to settle at $36.50 in switching ownership of 648 stocks, First Rock Capital gained 60 cents to close at $10.60 after trading 1,600 stock units. Kingston Wharves declined $1 to $42.50 with 25,300 shares changing hands, Margaritaville fell $1 to $14.50 with the swapping of 12,800 stock units, Mayberry Investments spiked 99 cents to end at $7.99 with 41,946 stocks crossing the market. NCB Financial shed $1.59 in closing at $121.21 with a transfer of 24,421 shares, 138 Student Living rallied $1.10 to $4.60, with 1,693 shares crossing the market, PanJam Investment fell $1.50 to $66.50 in an exchange of 78,298 units. Sagicor Group lost 54 cents to end at $51.86 in switching ownership of 1,587 stocks, Salada Foods shed 47 cents to finish at $6.03 with 31,500 stock units clearing the market, Scotia Group gained 50 cents after ending at $35.50 with 133,126 units changing hands and Supreme Ventures shed 30 cents to close at $17.70 with the swapping of 505 shares.
In the preference segment, Eppley 7.25% rose 40 cents to $20.40 in switching ownership of 104,829 shares and JMMB Group 7.35% – 2028 shed 81 cents after ending at $3.17 after trading 3,454 stocks.

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

JSE Main Market index jumps

Market activity ended on Friday with the volume and the value of shares trading declining 91 percent, respectively lower than on Thursday on the Jamaica Stock Exchange Main Market as declining stocks crowed out those rising.
The All Jamaican Composite Index clawed back 39 percent of Thursday’s loss by jumping 3,101.27 points to 431,145.84, the JSE Main Index advanced 1,523.01 points, pulling back 23 percent of Thursday’s fall to close at 389,946.39 and the JSE Financial Index fell 0.40 points to finish at 95.43.
Trading ended with 52 securities up from 50 on Thursday, with 15 rising, 21 declining and 16 left unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 7,483,770 shares changing hands for $102,978,128 versus 84,940,496 units at $1,131,398,700 on Thursday. Transjamaican Highway led trading with 24.9 percent of total volume with a transfer of 1.86 million shares, followed by Wigton Windfarm with 13 percent 974,341 units and JMMB Group 7.35% – 2028 with 7.4 percent after trading 556,634 units.
Trading averages 143,919 units at $1,980,349, versus 1,698,810 shares at $22,627,974 on Thursday and month to date, an average of 640,639 units at $8,279,653, down from 896,377 units at $11,522,859 on Thursday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows eleven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement declined $2 to $83 in trading 5,716 shares, GraceKennedy spiked 70 cents to $98.70 after trading 14,252 stocks, Guardian Holdings dropped $19 and ended at $521 with the swapping of 89 units. Jamaica Producers rallied 90 cents to $24 with 4,895 stock units crossing the market, Margaritaville fell $1.50 to $15.50 in switching ownership of 9,227 shares, Mayberry Investments shed 50 cents to end at $7 in transferring 201,029 units. NCB Financial advanced $1.80 in closing at $122.80 with 26,559 stocks changing hands, Proven Investments dipped 30 cents to close at $33.50 in trading 7,122 stock units, Scotia Group fell $2 to $35 with the swapping of 97,734 stocks and Seprod lost 61 cents after ending at $63.39 in switching ownership of 8,854 shares.
In the preference segment, JMMB Group 7.15% – due 2028 slipped 50 cents to settle at a 52 weeks’ low of $2.50 after 32,000 stock units crossed the exchange, JMMB Group 7.35% – 2028 rose 85 cents to a 52 weeks’ high of $3.98 in transferring 556,634 stock units and 138 Student Living preference shares shed 57 cents to end at $6 with 20 units changing hands.

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

Trading gains for JSE USD market on Friday

Trading picked up on Friday and ended with the volume of shares changing hands rising 16 percent and the value climbing 60 percent higher than Thursday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks than declining.
Six securities traded, compared to Thursday’s five, with prices of two rising, one declining and three ending unchanged. The JSE US Denominated Equities Index lost 2.27 points to end at 203.36.
The PE Ratio, a measure used in computing appropriate stock values, averages  12.1. The PE ratio uses ICInsider.com earnings forecasts for companies with the financial year ending during the current year up to August 2022.
Overall, 407,025 shares traded for US$58,989, up from 350,075 units at US$36,943 on Thursday. Trading averaged 67,838 units at US$9,832 compared to 70,015 shares at US$7,389 previously and month to date averages 310,559 shares at US$62,894 versus 442,953 units at US$91,837 on Thursday. November ended with an average of 79,766 units for US$10,928.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Capital USD share remained at 6.6 US cents with an exchange of 4,759 shares, Proven Investments advanced half a cent to end at 23.5 US cents, with 21,225 stocks crossing the market, Sterling Investments traded 1,000 units at 2.09 US cents. Sygnus Real Estate Finance USD share dropped 3 cents in closing at 11 US cents after exchanging 2,531 stock units and Transjamaican Highwayrose 0.03 of a cent to close at 0.9 US cents with 352,510 units changing hands.
In the preference segment, JMMB Group 5.75% ended at US$2.02 while exchanging 25,000 stocks.

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

JSE Main Market trading in the dumps

Investors engaged in a lacklustre trading session to start trading for the first day of the final month of 2021 resulted in an exchange of 27 percent fewer shares value 76 percent less than Tuesday. With a mere $32 million trading on the Jamaica Stock Exchange Main Market and ended with declining stocks outnumbering those falling.
The All Jamaican Composite Index fell 1,704.80 points to 435,963.59, the JSE Main Index dived 2,729.98 points to 395,100.69 and the JSE Financial Index shed 1.43 points to end at 96.85.
Trading ended with 51 securities similar to Tuesday, with 16 rising, 20 declining and 15 left unchanged. The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratios for the JSE Main and USD Market are based on earnings forecasts for companies with financial years ending between the current year and August 2022.
Trading ended with 5,593,564 shares changing hands for $32,410,085 versus 7,613,507 units at $134,588,814 on Tuesday. Transjamaican Highway led trading with 27 percent of total volume with a transfer of 1.51 million shares, followed by Wigton Windfarm with 21.6 percent after 1.21 million units traded and QWI Investments 10.5 percent, with 587,611 units changing hands.
Trading averaged 109,678 units at $635,492 down from 149,284 shares at $2,638,996 on Tuesday.  November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments rose 30 cents to $90.70 with an exchange of 4,183 shares, Caribbean Cement declined $7.50 in closing at $85 after transferring 12,346 stock units, Caribbean Producers lost 25 cents to finish at $9.50, trading 514,534 units. Eppley Caribbean Property Fund rose $2 to $40 with 149 stocks crossing the market, First Rock Capital shed 38 cents to end at $10.62 in exchanging 5,572 stock units, Guardian Holdings dipped $1 to $539 with the swapping of 56 units. Jamaica Broilers declined $2.20 to $28.80 after trading 5,170 stock units, Jamaica Producers rallied 50 cents to $24.50 in trading 73,215 shares, Jamaica Stock Exchange declined $1.15 to close at $18 in switching ownership of 2,764 stocks. Kingston Wharves fell $5.50 to $38.50 with 33,093 stock units changing hands, Margaritaville rose $1 to $17 with a transfer of 1,766 shares, Mayberry Jamaican Equities lost 50 cents to end at $8 in an exchange of 238,187 units. Palace Amusement popped $18 to close at $975 in trading 14 shares, PanJam Investment declined $3.78 in closing at $69.98 with 8,512 stocks clearing the market, Sagicor Real Estate Fund gained 30 cents to finish at $8.30 with the swapping of 2,581 stock units. Scotia Group spiked 75 cents to end at $38.50 with 36,434 units crossing the market, Seprod popped 31 cents to $63.51 in switching ownership of 7,381 shares, Supreme Ventures rallied 49 cents in closing at $17.99 and trading 16,389 stocks. Sygnus Credit Investments popped 59 cents to $15.79 in transferring 60,631 stock units, Sygnus Real Estate Finance shed 51 cents to close at $15.50 in trading 2,224 units and Wisynco Group dipped 43 cents to $16.50 with the swapping of 80,624 stocks.

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

Solid gains end November for JSE Main Market

Market activity ended on Tuesday with robust gains for the Jamaica Stock Exchange Main Market. The All Jamaican Composite Index jumped by 4,559.46 points to 437,668.39, just over 7,000 points below the close for October. The JSE Main Index surged 5,036.25 points to 397,830.67 and the JSE Financial Index rose 1.80 points to 98.28. The volume of stocks trading slipped at the close on Tuesday with the market ending, with rising stocks exceeding those decliners 2 to 1.
A total of 51 securities traded compared to 59 on Monday, with 24 rising, 12 declining and 15 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.8. The PE ratio for the JSE Main and USD Market quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading on hauled out 7,613,507 shares for $134,588,814 in contrast to 10,513,011 units at $104,608,393 on Monday. Transjamaican Highway led trading with 21.2 percent of total volume after transferring 1.62 million shares, followed by Jamaica Broilers with 14.3 percent and 1.09 million units and Wigton Windfarm 10 percent with an exchange of 762,810 units.
Trading averaged 149,284 units at $2,638,996 versus 178,187 shares at $1,773,024 on Monday and month to date, an average of 233,949 units at $2,695,416, versus 237,936 units at $2,698,072 on Monday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows 20 stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments dipped 30 cents in closing at $90.40 after 14,398 shares crossed the market, Berger Paints fell $1.10 to $13.60 in an exchange of 653 units, Caribbean Cement climbed $9.40 to $92.50 in switching ownership of 306,290 stock units. Jamaica Broilers rallied $2.30 to close at $31 in trading 1,091,303 stocks, Jamaica Producers advanced $1.74 to end at $24 with the swapping of 178,959 units, Jamaica Stock Exchange rose $1.65 to finish at $19.15 in trading 117,911 stock units. JMMB Group popped 35 cents to close at $38.40 with 102,208 shares changing hands, Margaritaville fell $5 in closing at $16 with one stock unit crossing the market, PanJam Investment popped $9.21 to $73.76 in an exchange of 823 units. Sagicor Group shed $2 to close at $53 in transferring 533,923 stock units and Scotia Group gained 30 cents in ending at $37.75 with 3,505 stocks changing hands, Supreme Ventures rallied 19 cents in closing at $17.50 in switching ownership of 195,825 shares and Wisynco Group increased 22 cents to $16.93 trading 123,466 units.

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

Broad based trading in JSE USD market

Trading on Monday, ended with the volume of shares changing hands declining 86 percent with a 95 percent lower than on Friday, at close of the Jamaica Stock Exchange US dollar market, resulting in more stocks declining than rising.
Trading ended with nine securities changing hands, compared to five on Friday with prices of three rising, four declining and two ended unchanged. The JSE US Denominated Equities Index squeezed out a rise of 0.16 points to end at 196.71.
The PE Ratio, a measure used to compute appropriate stock values, averages 12.2. The PE ratio uses earnings forecasts carried out by ICInsider.com for each company, with the financial year ending for the current year up to August 2022.
Overall, 74,628 shares traded for US$5,514, down from 515,741 units at US$106,763 on Friday. Trading averaged 8,292 units at US$613, compared to 103,148 shares at US$21,353 on Friday and month to date averages 78,291 shares at US$10,695 versus 83,064 units at US$11,383 on Friday. October ended with an average of 48,646 units for US$4,160.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price, while none closed with a lower offer.
At the close, First Rock Capital USD share climbed 0.39 of a cent to 6.59 US cents a 41, after trading 449 shares, Margaritaville popped 0.48 of one cent to end at 9.48 US cents in an exchange of 577 units, MPC Caribbean Clean Energy fell 3 cents to US$1.05 after trading 180 stocks. Proven Investments advanced 0.35 of a cent to 22.85 US cents trading 9,876 stock units, Sterling Investments lost 0.08 of a cent to close at 2.01 US cents, with 12,042 shares crossing the market, Sygnus Credit Investments USD share shed 0.14 of one cent to end at 12.85 US cents, with 666 stocks changing hands. Sygnus Real Estate Finance USD share finished at 16 US cents in exchanging 324 stock units and Transjamaican Highway dropped 0.01 of a cent in ending at 0.85 of a US cent in switching ownership of 9,487 units.
In the preference segment, Equityline Mortgage Investment preference share remained at US$1.90 in exchanging 27 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.