Trading picked up steam on Tuesday, with the volume of shares traded soaring 303 percent, with the value surging 2,777 percent higher than on Monday at the close of the Jamaica Stock Exchange Main Market as Barita Investments commandeered trading with 39 million shares valued at $3.985 billion as market activity ended with the market indices enjoying another day of four-digit bounce as rising stocks outnumbered those declining almost two to one.
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The All Jamaican Composite Index advanced 2,669.74 points to settle at 448,612.09, the Main Index rose 2,352.30 points to 408,198.08 and the JSE Financial Index rallied 0.53 points to end at 99.83.
Trading ended with 49 securities compared to 55 on Monday, with 23 stocks rising, 14 declining and 12 ending unchanged. The PE Ratio, a measure used in computing appropriate stock values, averages 15.8 based on ICInsider.com forecast of 2021-22 earnings.
Trading ended with 50,863,279 shares changing hands for $4,450,256,298 versus 12,618,882 units at $154,663,612 on Monday. Barita Investments led trading with 76.3 percent of total volume after trading 38.8 million shares, NCB Financial followed with 5 percent, trading 2.53 million units, Transjamaican Highway accounting for 4.1 percent with 2.08 million units, Wigton Windfarm 3.9 percent with 1.97 million units and GraceKennedy with 2.1 percent for an exchange of 1.08 million units.
Trading averages 1,038,026 units at $90,821,557, up from 229,434 shares at $2,812,066 on Monday and month to date, an average of 333,105 units at $7,706,920, compared to 297,200 units at $3,473,430 on Monday. August closed with an average of 480,039 units at $8,561,549.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments fell $2 in closing at $102 with an exchange of 38,808,202 shares, Berger Paints lost 35 cents to end at $13.35 in trading 6,933 units, Caribbean Cement spiked $1.99 to $101 after exchanging 8,703 stock units. Caribbean Producers gained 20 cents to close at $4.84 with a transfer of 679,310 shares, Eppley popped 97 cents to $39 in an exchange of 200 units, First Rock Capital shed 75 cents in ending at $12.30 after crossing the market with 7,513 stocks, Guardian Holdings rose $1 to $581 in switching ownership of 869 units, Jamaica Broilers advanced $2.99 to $32.99 in exchanging 20,031 stocks. Jamaica Producers advanced $1.38 to $22.98 in switching ownership of 7,668 stock units, Jamaica Stock Exchange rallied 54 cents to $17.14 in trading 21,974 units, JMMB Group lost 35 cents to end at $38.15 with 109,400 shares crossing the exchange. Kingston Properties popped 50 cents to end at $9 with 63 shares changing hands. Margaritaville gained 88 cents in closing at $15.08 with an exchange of 1,346 units, Mayberry Jamaican Equities declined 50 cents to $8.20 in trading 673,703 stocks, Palace Amusement popped $13.18 to $1049 trading 31 shares. 
PanJam Investment rose 95 cents to close at $63 in clearing the market with 5,204 stock units, Proven Investments lost 25 cents in ending at $32.75, with 2,387 shares changing hands, Sagicor Group rallied 50 cents to end at $54, with 22,229 stock units crossing the market. Salada Foods dropped 22 cents in closing at $6.03 and exchanging 45,550 stocks, Scotia Group climbed 50 cents to $39 while exchanging 33,390 units, Seprod fell 20 cents to $63.30 in exchanging 9,641 shares. Supreme Ventures advanced 22 cents to $17.92, with 16,152 stock units clearing the market and Sygnus Credit Investments popped 25 cents to $15.85 with 21,608 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Seven securities traded, on a day when no stock gained compared to six on Monday and ended, with prices of four declining and three ending unchanged. The US Denominated Equities Index fell 1.10 points to end at 186.79.
At the close, First Rock Capital remained at 7 US cents with an exchange of 5,479 shares, MPC Caribbean Clean Energy settled at US$1 with a transfer of 498 stocks, Proven Investments declined by 0.34 of a cent to end at 23.15 US cents with 64,918,595 units changing hands. Sterling Investments finished at 2.09 US cents with investors switching ownership of 200 stock units, Sygnus Credit Investments USD dropped 1.24 cents to 11.76 US cents with a transfer of 6,530 shares and Transjamaican Highway lost 0.03 of a cent to close at 0.97 US cents with 553 units crossing the exchange.
The All Jamaican Composite Index rallied 2,398.59 points to settle at 445,942.35, the Main Index rose 1,974.48 points to 405,845.78 and the JSE Financial Index gained 0.47 points to end at 99.30.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
Portland JSX gained 98 cents to finish at $8 with the swapping of 1,000 stock units, Sagicor Real Estate Fund popped 50 cents to close at $8.50 after crossing the market with 233 units, Salada Foods picked up 25 cents to end at $6.25 in switching ownership of 14,969 stocks. Scotia Group lost 50 cents in closing at $38.50 with the swapping of 41,791 shares, Seprod spiked 39 cents to $63.50 with 39,397 stock units crossing the market and Supreme Ventures fell 90 cents to $17.70 in trading 86,640 stocks.
Six securities traded down from seven on Friday with four rising, one declining and one ending unchanged. The JSE US Denominated Equities Index rallied 4.68 points to 187.89. The PE Ratio, a measure that computes appropriate stock values, averages 11.8 based on ICInsider.com’s forecast of 2021-22 earnings.
At the close, First Rock Capital remained at 7 US cents after 884,883 shares traded, Proven Investments gained 0.29 of a cent to end at 23.49 US cents with an exchange of 5,665 stocks, Sterling Investments lost 0.05 of a cent to end at 2.09 US cents with 150,632 units changing hands. Sygnus Credit Investments USD gained 0.1 of a cent to finish at 13 US cents with a transfer of 86,783 stock units and Transjamaican Highway advanced 0.18 cents to settle at 1 US cent with 30,628,178 shares crossing the exchange.
At the close on Friday, the All Jamaican Composite Index popped 922.91 points to settle at 443,543.76, the Main Index gained 780.78 points to 403,871.30 and the JSE Financial Index popped 0.39 points to end at 98.83.
August closed with an average of 480,039 units at $8,561,549.
PanJam Investment shed $1.77 to close at $62.01 in an exchange of 52,360 stock units, Sagicor Group lost 52 cents to end at $53.50 in trading 60,107 shares, Seprod dipped 39 cents to $63.11 with 11,833 stocks crossing the market and Wisynco Group fell 35 cents to $15.65 in exchanging 93,661 units.
Seven securities traded, compared to six on Thursday with prices of three rising, two declining and two ending unchanged.
At the close, First Rock Capital fell 0.01 of a cent to t 7 US cents with an exchange of 275,265 shares, Margaritaville remained at 9 US cents with the transfer of 21,432 stocks, Proven Investments advanced 0.2 of a cent to 23.2 US cents with 95,980 units traded. Sterling Investments popped 0.14 of a cent to 2.14 US cents with 2,295 stock units passing through the market, Sygnus Credit Investments USD share ended at 12.9 US cents with investors switching ownership of 15,000 stocks and Transjamaican Highway dropped 0.07 of a cent to close at 0.82 US cents with 203,700 units crossing the exchange.
The All Jamaican Composite Index slipped 295.03 points to 442,620.85, the Main Index fell 101.04 points to 403,090.52 and the JSE Financial Index lost 0.06 points to end at 98.44.
Investor’s Choice bid-offer indicator shows six stocks ended with higher bids than their last selling prices and five with lower offers.
Mayberry Investments lost 20 cents to end at $5.50 in exchanging 301,484 units, Mayberry Jamaican Equities fell 55 cents to $8.20 in exchanging 794 units, NCB Financial Group rose $1.49 to $129.49 in trading 179,455 stocks. Palace Amusement rallied $8 to $910 with a transfer of 236 stock units, PanJam Investment popped $1.78 to end at $63.78 with 931,362 shares crossing the market, Scotia Group declined $1 to $39 after dropping to a 52 weeks’ low of $37 in 69,473 units changing hands and Wisynco Group rose 21 cents to $16 in an exchange of 65,458 stocks.
The All Jamaican Composite Index dropped 1,575.15 points to 442,915.88, the Main Index shed 1,499.07 points to 403,191.56 and the JSE Financial Index lost 0.14 points to end at 98.50.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and three with lower offers.
Scotia Group popped 45 cents to $40 with an exchange of 90,230 units, Seprod lost 35 cents to close at $63.65, with 291,051 stock units clearing the market, Supreme Ventures rose 85 cents in closing at $18.85 after switching ownership of 115,950 units and Sygnus Credit Investments gained 38 cents in ending at $15.88 and exchanging 38,335 stocks.
Overall, 901,226 shares changed hands for US$72,066 up from 110,662 units at US$11,208 on Tuesday.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than its last selling prices and one with a lower offer.
The All Jamaican Composite Index fell 1,769.43 points to settle at 444,491.03, the JSE Main Index declined 1,811.95 points to 404,690.63 and the JSE Financial Index shed 0.18 points to end at 98.64.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and one with a lower offer.
Palace Amusement popped $50 in closing at $1,050 in trading four shares, Proven Investments gained 27 cents to end at $32.37 after clearing the market with 15,512 stock units. Sagicor Real Estate Fund fell 50 cents in ending at $8 with an exchange of 14,870 stocks, Salada Foods lost 43 cents to $6.50 in switching ownership of 28,135 shares, Scotia Group declined 45 cents to close at $39.55 after exchanging 19,323 stock units. Seprod shed $2 after ending at $64 in trading 83,383 shares and Sygnus Credit Investments lost 39 cents in closing at $15.50, with 102,675 shares crossing the market.