Transjamaican dominates trade on Thursday

Transjamaican Highway dominated the volume of stocks trading and accounted for 89 percent of the 224,378 shares trading on the US dollar market on Thursday, pushing the volume of shares exchanged by 1,907 percent higher than on Wednesday as the market closed with the index advancing despite declining securities dominating stocks traded.
Trading ended with eight securities changing hands, up from five on Wednesday with one rising, four declining and three closing unchanged.
The JSE US Denominated Equities Index rallied 1.20 points to 188.05.
The PE Ratio, a measure that computes appropriate stock values, averages 11.5 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 224,378 shares traded for a mere US$3,479, up from 11,180 units at US$1,080 on Wednesday. Trading averaged 28,047 units at US$435 compared to 2,236 shares at US$216 on Wednesday and the month to date averages 39,526 at US$4,830 versus 41,259 units at US$5,493 on Wednesday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows two stocks ended with a bid higher than its last selling price and two with lower offers.
At the close, First Rock Capital US share lost 0.07 of a cent to end at 6.93 US cents with 150 shares traded, Margaritaville settled at 9.5 US cents with six units changing hands, Productive Business Solutions fell half of a cent to finish at 73.5 US cents with an exchange of 400 stock units. Proven Investments dropped 1.5 cents to close at 23.1 US cents with investors swapping 3,931 stocks, Sterling Investments remained at 2.09 US cents with 19,000 shares passing through the market, Sygnus Credit Investments USD share remained unchanged at 13.47 US cents, with 846 units traded and Transjamaican Highway declined by 0.07 of a cent to close at 0.83 US cents with 200,000 stock units crossing the exchange.
In the preference segment, JMMB Group 6% gained 2 cents to finish at US$1.04 with 45 shares changing hands.

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

JSE Main Market breaks losing streak

The 8 days fall in the Jamaica Stock Exchange Main Market index ended on Thursday, even with the volume of shares trading declining 63 percent and the value 53 percent lower than on Wednesday and declining to edge out those that rose.
The All Jamaican Composite Index advanced 304.56 points to 445,343.21, the JSE Main Index popped 571.83 points to 404,706.51 and the JSE Financial Index rose 0.41 points to end at 98.01.
A total of 49 securities traded versus 50 on Wednesday, with 17 rising, 19 declining and 13 ending unchanged.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.4. The PE ratio of each stock is shown in the chart below and is based on earnings forecasted by ICInsider.com for reach company with the financial year ending up to July 2022.
Overall, 6,487,990 shares traded for $41,885,146 versus 17,325,332 units at $88,984,892 on Wednesday. Wigton Windfarm led trading with 26.4 percent of total volume for an exchange of 1.71 million shares followed by Pulse Investments with 12.6 percent or 816,668 units and Sterling Investments with 10.8 percent after trading 700,000 units.
Trading averages 132,408 units at $854,799, down from 346,507 shares at $1,779,698 on Wednesday and month to date, an average of 239,708 units at $3,047,095, compared to 251,039 units at $3,278,609 on Wednesday. September closed with an average of 335,669 units at $7,507,404.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments popped $1.95 in closing at $97 and trading 35,395 shares, Caribbean Cement fell $2.90 to $118 with the swapping of 21,120 stock units, Eppley rose $1 to close at $37 with 500 stocks crossing the exchange. Eppley Caribbean Property Fund dropped $2.50 to $37 in trading 8,771 units, GraceKennedy popped $1.09 to end at $99 in exchanging 15,432 shares, Guardian Holdings declined $25 to end at $550 with 426 stock units clearing the market.  Jamaica Broilers gained 50 cents in closing at $30.50 in an exchange of 12,904 units, Jamaica Producers lost 30 cents to finish at $21.60 in trading 106,704 stocks, Kingston Wharves rose $1.90 to $45 with a transfer of 34,632 stock units. NCB Financial gained 50 cents to close at $126 in switching ownership of 36,740 shares, PanJam Investment shed 90 cents ending at $63.50 with 336 units crossing the market, Pulse Investments dipped 49 cents to end at $4.11 after crossing the market with 816,668 stock units. Sagicor Group declined $2.96 in closing at $51.03 with 43,264 units changing hands, Seprod advanced $4.20 to $62 in trading 32,062 shares and Sygnus Real Estate Finance rallied 50 cents to close at $18 with a transfer of 1,914 stocks.

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

Trading drops on JSE USD Market – Wednesday

In trading on Wednesday, the volume and value of shares changing hands dived by 94 percent from Tuesday’s trading at the close of the JSE US dollar market, with no stocks declining in price.
Five securities traded compared to six on Tuesday, with prices of two rising and three ending unchanged.
The US Denominated Equities Index rallied 1.61 points to end at 186.85. The PE Ratio, a measure that computes appropriate stock values, averages 11.8 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, just 11,180 shares traded for US$1,080, down from 176,358 units at US$17,759 on Tuesday. Trading averaged 2,236 units at US$216, compared to 29,393 shares at US$2,960 on Tuesday and the month to date averages 41,259 at US$5,493 versus 45,324 units at US$6,043 on Tuesday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than the last selling prices and one with a bid lower offer.
At the close, First Rock Capital USD share remained at 7 US cents with 5,090 shares changing hands, Sterling Investments settled at 2.09 US cents with a transfer of 519 stocks, Sygnus Credit Investments USD share popped 2.47 cents to finish at 13.47 US cents with 3,800 stock units traded and Transjamaican Highway ended at 0.9 of a cent with 1,685 units crossing the exchange.
In the preference segment, JMMB Group 5.75% preference share climbed 30.3 cents to close at US$2.323 with 86 shares changing hands.

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

Another declining day for JSE Main Market

Market activity ended on Wednesday with the volume of shares trading surged 74 percent above Tuesday’s trades with a moderately lower loss of 7 percent in value, leading to the eighth day of decline in the market index out of nine since the start of the month, on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index dropped 2,314.42 points to settle at 445,038.65, the Main Index fell 1,530.01 points to 404,134.68 and the JSE Financial Index lost 1.11 points to end at 97.60.
Trading ended with 50 securities compared to 49 on Tuesday, with rising and declining stocks accounting for 20 each, with ten ending unchanged.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.5 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 17,325,332 shares traded for $88,984,892 compared to 9,957,383 units at $95,786,617 on Tuesday.
QWI Investments led trading with 47.1 percent of total volume in exchanging 8.15 million shares followed by Wigton Windfarm with 12.7 percent after trading 2.21 million units, Sagicor Select Manufacturing & Distribution Fund 7.7 percent, with 1.33 million units and Transjamaican Highway 6.8 percent with 1.18 million units changing hands.
Trading averages 346,507 units at $1,779,698, versus 203,212 shares at $1,954,829 on Tuesday and month to date, an average of 251,039 units at $3,278,609, compared to 239,510 units at $3,459,637 on Tuesday. September closed with an average of 335,669 units at $7,507,404.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments dived $4.31 to close at $95.05 in an exchange of 77,710 shares, Caribbean Cement spiked $4.90 in closing at $120.90 with the swapping of 9,831 stock units, Eppley rose $1 to close at $36 after 1,000 stocks cleared the market. Eppley Caribbean Property Fund shed 77 cents to $39.50 in switching ownership of four units, Guardian Holdings popped $5 to $575 with an exchange of 163 stocks, Jamaica Broilers lost 50 cents to finish at $30 after transferring 12,079 shares. Jamaica Producers gained 63 cents to $21.90 with 5,808 stock units crossing the market, Jamaica Stock Exchange shed 49 cents in closing at $17 after trading 8,608 stocks, JMMB Group rose 43 cents to $37.59 with a transfer of 813,932 stock units. NCB Financial rallied 50 cents to end at $125.50 in exchanging 30,267 shares, Palace Amusement surged $94 to $1,024 with the swapping of 77 units, PanJam Investment advanced $1.40 to $64.40 with 1,859 stock units changing hands. Proven Investments lost 45 cents to $33.03 in switching ownership of 1,403 units, Sagicor Real Estate Fund popped $1.50 in closing at $8.50 after exchanging 450 stocks, Scotia Group shed 49 cents to close at a 52 weeks’ low of $36.21 in trading 155,282 stock units, Seprod gained 29 cents to close at $57.80 with the swapping of 46,199 shares and Sterling Investments traded 764,038 shares and gained 21 cents to close at $3.01.
In the preference segment, Eppley 7.50% preference share gained 50 cents to close at $7 in exchanging 500 stock units.

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

Trading volume bounced on Tuesday

The volume of shares traded soared by 1,258 percent as 1,032 percent more funds chased after stocks on Tuesday over Monday, resulting in an even number of stocks rising and falling at the close of the JSE USD market.
Trading ended with six securities changing hands, up from five on Monday with an equal split of two between rising stocks and those declining and closing unchanged.
The JSE US Denominated Equities Index rallied 1.43 points to end at 185.24.
The PE Ratio, a measure that computes appropriate stock values, averages 11.5 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 176,358 shares traded for US$17,759 compared to just 12,988 units at US$1,569 on Monday. Trading averaged 29,393 units at US$2,960, compared to 2,598 shares at US$314 on Monday and month to date an average of 45,324 at US$6,043 in contrast to 47,600 units at US$6,484 on Monday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows three stocks ended with a bid higher than their last selling prices and one with a lower offer.
At the close, First Rock Capital settled at 7 US cents with an exchange of 12,674 shares, Margaritaville fell 0.49 of a cent to 9.5 US cents with 742 stocks traded, Proven Investments rose 1.6 cents to 24.6 US cents with a transfer of 2,455 units. Sterling Investments gained 0.09 of a cent to close at 2.09 US cents with 17,131 stock units passing through the market, Sygnus Credit Investments USD share declined by 2 cents to settle at 11 US cents with 142,800 stocks changing hands and Sygnus Real Estate Finance USD share finished unchanged at 14 US cents with 556 shares crossing the exchange.

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

Another declining day for JSE majors

Main market stocks declined for the seventh day out of eight trading days of October as the number of stocks declining overwhelmed the numbers rising at the end of market activity on Tuesday, after the volume and value of shares trading rose 24 percent and 29 percent, respectively over Monday trades on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index shed 1,515.24 points to 447,353.07, the JSE Main Index dropped 1,445.83 points to 405,664.69 and the JSE Financial Index lost 0.15 points to end at 98.71.
On Monday, trading ended with 49 securities down from 56, with 12 rising, 29 declining, and eight ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.4 based on ICInsider.com forecast of 2021-22 earnings.
Trading ended with 9,957,383 shares changing hands for $95,786,617 versus 8,028,740 units at $74,362,299 on Monday.
Sagicor Select Financial Fund led trading with 15.5 percent of total volume for an exchange of 1.54 million shares, followed by Wigton Windfarm with 12.7 percent for 1.27 million units, QWI Investments with 11.7 percent for 1.17 million units and Caribbean Producers with 10.4 percent after trading 1.03 million units.
Trading averages 203,212 units at $1,954,829, compared to 143,370 shares at $1,327,898 on Monday and month to date, an average of 239,510 units at $3,459,637, versus 244,382  units at $3,661,653 on Monday. September closed with an average of 335,669 units at $7,507,404.Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement shed $1 to $116 after exchanging 50,264 shares, Eppley fell $1.90 to end at $35 with 1,933 stocks changing hands, First Rock Capital rallied 54 cents to $12.65 with 65 stock units crossing the market. GraceKennedy shed $1.32 in ending at $97.92 in switching ownership of 10,622 units, Guardian Holdings spiked $10 to $570 with 323 shares clearing the market, Jamaica Broilers popped 50 cents to $30.50 in trading 7,464 stocks. Jamaica Stock Exchange rallied 49 cents to $17.49 in transferring 527 stock units, JMMB Group lost 34 cents at $37.16 after exchanging 70,816 units, Kingston Properties rose $1.24 to close at $10 in switching ownership of 1,163 shares. Kingston Wharves fell 95 cents in closing at $43.05 with the swapping of 6,713 stocks, NCB Financial lost 51 cents to end at $125 in an exchange of 38,921 units, PanJam Investment declined $1.41 to close at $63 with 16,806 stock units changing hands. Proven Investments gained 48 cents to end at $33.48 with a transfer of 3,275 stock units, Sagicor Group shed $1 in closing at $54 in trading 142,204 shares, Sagicor Real Estate Fund fell $1.49 to $7 with an exchange of 9,583 stocks. Scotia Group declined $2.24 to a 52 week’s low of $36.70 in transferring 167,009 units, Seprod gained 39 cents in closing at $57.51 with 29,054 shares clearing the market and Sygnus Credit Investments picked up 24 cents to end at $17.24 in exchanging 124,241 stocks.
In the preference segment, Eppley 7.50% preference share gained 49 cents to end at $6.50 after trading eight stock units.

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

Decline for JSE Main Market

Market activity ended with a big fall in the volume and value of shares trading by 50 and 71 percent respectively on Monday compared to Friday as declining stocks exceeded those rising at the close of the Jamaica Stock Exchange Main Market.
After spiking to 453,200.45 at the market’s opening, the All Jamaican Composite Index ended up falling 2,348.80 points to settle at 448,868.31, the Main Index declined 1,280.33 points to 407,110.52 and the JSE Financial Index popped 0.51 points to end at 98.86.
Trading ended with 56 securities compared to 52 on Friday, with 21 stocks rising, 24 declining and 11 ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.4 based on ICInsider.com forecast of 2021-22 earnings.
A total of 8,028,740 shares traded for $74,362,299, down from 15,903,103 units at $253,773,021 on Friday. Wigton Windfarm led trading with 18.5 percent of total volume after exchanging 1.49 million shares, followed by Pulse Investments with 14.4 percent in trading 1.16 million units and Caribbean Producers, with 12.5 percent with 1 million units changing hands.
Trading averages 143,370 units at $1,327,898, compared to 305,829 shares at $4,880,250 on Friday and month to date, an average of 244,382 units at $3,661,653, compared to 262,689 units at $4,084,598 on Friday. September closed with an average of 335,669 units at $7,507,404.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints rallied $1 to $15 in exchanging 15,519 shares, Caribbean Cement advanced $1.98 to $117 with the swapping of 12,281 units, Caribbean Producers gained 38 cents in closing at a 52 weeks’ high of $6.98 in switching ownership of 1,004,775 stocks. Eppley fell $1.10 to $36.90 trading 6,338 units, Eppley Caribbean Property Fund popped $1.47 to $40.27 after 441 shares crossed the market, GraceKennedy advanced $1.74 to $99.24 with an exchange of 24,377 stocks. Guardian Holdingsdeclined $17 to $560 with 1,169 shares crossing the exchange, Jamaica Broilers shed $1 in closing at $30 with 63,721 shares changing hands, Jamaica Producers lost 40 cents in trading 39,931 shares at $21.40. JMMB Group slipped 49 cents to $37.50 in switching ownership of 153,314 units, Kingston Properties shed $1.24 in closing at $8.76 with a transfer of 100 stock units, Kingston Wharves declined $1 to $44 with the swapping of 5,091 stocks. Margaritaville fell $1.60 to $13.40 with 674 stock units clearing the market, Mayberry Jamaican Equities gained 30 cents to end at $9 after crossing the market with 26,000 shares, MPC Caribbean Clean Energy declined $5 to close at $115 in trading 34 units. Palace Amusement dropped $94 to $930 after exchanging five stocks, Portland JSX lost 45 cents to end at a 52 weeks’ low of $6.50 with the swapping of 250 stock units, Proven Investments lost 50 cents in ending at $33 after transferring 3,740 units. Pulse Investments dipped 53 cents to close at $4.50 with 1,157,544 shares crossing the market, Sagicor Group spiked $2.98 in closing at $55 after 92,433 stocks cleared the market, Scotia Group rose $1.84 to $38.94 with an exchange of 2,211 stock units. Seprod declined $5.98 to $57.12 with 76,822 units changing hands and Sygnus Real Estate Finance shed $1.35 to end at $17.60 in switching ownership of 1,645 stocks.

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

JSE USD Market rallies to close week

Trading picked up on Friday on the JSE USD Market ended with trading levels falling from those on Thursday even as more securities changed hands. However, investors exchanged 28 percent fewer shares for 34 percent less value than they did on Thursday.  
Overall, eight securities traded compared to seven on Thursday, with four stocks rising, none declining and four ending unchanged.
The JSE US Denominated Equities Index rallied 3.44 points to end at 186.36.
The PE Ratio, a measure that computes appropriate stock values, averages 11.6 based on ICInsider.com’s 2021-22 earnings forecast.
Overall, 154,078 shares traded for US$5,567 versus214,432 units at US$4,159 on Thursday. Trading averaged 19,260 units at US$696, compared to 30,633 shares at US$594 on Thursday and the month to date averages 53,681 at US$7,317 versus 63,177 units at US$9,144 on Thursday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than their last selling prices and none with lower offers.
At the close, First Rock Capital remained at 7 US cents with investors switching ownership of 9,570 shares, Margaritaville rose 0.49 of a cent to 10 US cents with 987 stocks changing hands, Productive Business Solutions settled at 74 US cents in exchanging 265 stock units. Proven Investments advanced 0.9 of a cent to 24 US cents with 2,955 units traded, Sygnus Credit Investments USD share rallied 1.5 cents to close at 13.5 US cents with 14,437 shares passing through the market, Sygnus Real Estate Finance USD share finished at 14 US cents with investors swapping three stocks and Transjamaican Highway inched 0.01 of a cent higher to close at 0.84 US cents with 124,963 stock units crossing the exchange.
In the preference segment, JMMB Group 6% settled at US$1.02 with 898 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Losing streak broken for JSE Main Market

Rising stocks turned the tables on those declining at the close of market activity on Friday on the Jamaica Stock Exchange Main Market. Trading picked up over Thursday after the volume of shares trading rose 24 percent higher and the value spiked 157 percent.  
The All Jamaican Composite Index rose for the first time in six days by 1,429.76 points to close at 451,217.11, the  JSE Main Index rallied 2,093.61 points to 408,390.85 and the JSE Financial Index added 0.69 points to end at 98.35.
Caribbean Producer traded at a 52 weeks’ intraday high of $7.50 and closed the week at a 52 weeks’ closing high of $6.60.
On Thursday, trading ended with 52 securities up from 49, with 19 stocks rising, 14 declining, and 19 ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.7 based on ICInsider.com’s forecast of 2021-22 earnings.
At the close, 15,903,103 shares traded for $253,773,021, compared to 12,785,374 units at $98,802,364 on Thursday. Jamaica Producers led trading with 17.8 percent of total volume for an exchange of 2.84 million shares followed by Sagicor Select Financial Fund with 14.4 percent after exchanging 2.29 million units, Wigton Windfarm 10.3 percent with 1.64 million units, JMMB Group controlled 8.9 percent with 1.41 million units, Caribbean Producers accounted for 7.8 percent, with 1.24 million units, Transjamaican Highway had 7.5 percent for 1.19 million units and Wisynco accounted for 6.3 percent after trading one million units.
Trading averages 305,829 units at $4,880,250, compared to 260,926 shares at $2,016,375 on Thursday and month to date, an average of 262,689 units at $4,084,598, compared to 253,960 units at $3,923,610 on Thursday. September closed with an average of 335,669 units at $7,507,404.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments lost 35 cents to end at $99.45 with 438,320 shares crossing the market, Caribbean Cement declined $4.98 to $115.02 after exchanging 31,286 stocks, Eppley Caribbean Property Fund dived $3.85 to $38.80 with the swapping of 339 stock units, GraceKennedy shed $1.55 to close at $97.50 with 128,123 stock units changing hands, Guardian Holdings spiked $47 to $577 in trading 829 units. Jamaica Producers rallied 25 cents to $21.80 with the swapping of 2,838,238 shares, Kingston Wharves advanced $1.20 to $45, with 2,682 stocks crossing the market, Mayberry Investments gained 34 cents to close at $5.85 in switching ownership of 900 shares. Mayberry Jamaican Equities slipped 30 cents to $8.70 in exchanging 27,000 stock units, NCB Financial fell $1.28 to $125.50 with a transfer of 38,743 stocks, 138 Student Living popped 49 cents to $5 in trading 2,228 shares, PanJam Investment popped $1.20 to $64.45 with 100 units clearing the market. Sagicor Group declined $2.88 to close at $52.02 in transferring 4,171 units, Scotia Group rose 43 cents to end at $37.10 in an exchange of 658,325 stock units and Sygnus Credit Investments climbed 36 cents to $16.96 with 96,855 shares changing hands.

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

Slippage in JSE USD market on Thursday

Investors swapped 241 percent more shares on Thursday than on Wednesday, with 60 percent less funds passing through the exchange and resulted in falling stocks outnumbering rising ones at the close of the US dollar market of the Jamaica Stock Exchange. 
Seven securities changed hands compared to four on Wednesday with prices of two rising, three declining and two ending firm.
The JSE US Denominated Equities Index slipped 0.91 points to close at 182.92.
The PE Ratio, a measure that computes appropriate stock values, averages 11.4 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 214,432 shares traded for US$4,159 compared to 62,909 units at US$10,457 on Wednesday.
Trading averaged 30,633 units at US$594 compared to 15,727 shares at US$2,614 on Wednesday and the month to date averages 63,177 at US$9,144 versus 73,532 units at US$11,865 on Wednesday. September ended with an average of 853,681 units for US$132,197.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with lower offers.
At the close, First Rock Capital advanced 0.4 of a cent to 7 US cents after trading 8,500 shares, Margaritaville fell 1.42 cents to 9.51 US cents with an exchange of 354 stocks, Proven Investments dropped 1.59 cents to 23.1 US cents with investors switching ownership of 2,674 units, Sterling Investments declined by 0.09 of a cent to close at 2 US cents with 72,601 stock units passing through the market, newly listed Sygnus Real Estate Finance USD gained 14 cents to settle at 14 US cents with 4 shares traded and Transjamaican Highway remained at 0.83 of a cent with 130,000 units changing hands.
In the preference segment, JMMB Group 6% settled at US$1.02 with 299 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.