Market activity ended on Monday with fewer securities trading than on Friday and the market rising after more stocks advanced than declined and 35 percent more shares valued 44 percent changed hands compared to Friday at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index rose 528.55 points to close at 464,445.61, the JSE Main Index surged 3,053.18 points to 427,216.40 and the JSE Financial Index popped 0.97 points to 105.13.
Trading ended with 46 securities compared to 50 on Friday, with 25 stocks rising, 16 declining and five remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value of each stock, averages 16.8 based on ICInsider.com’s forecast of 2021-22 earnings.
Trading ended with 7,760,356 shares for $70,527,298 versus 5,760,799 units at $127,050,791 on Friday. Wigton Windfarm led trading with 35.6 percent of the volume after exchanging 2.76 million shares, followed by Sagicor Select Financial Fund 20.3 percent, with 1.57 million units and JMMB Group 10.2 percent, after an exchange of 792,910 units.
Trading averaged 168,703 units at $1,533,202, compared to 115,216 shares at $2,541,016 on Friday. Trading month to date averages 124,689 units at $1,692,944, compared to 104,642 units at $1,765,697 on Friday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has 13 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Cement shed $1.83 to $93 in exchanging 48,084 shares, Eppley spiked $3 to a record high of $45 in switching ownership of 4,766 stock units, First Rock Capital fell 25 cents to $15.50 with 33,951 units changing hands, Grace Kennedy dipped $2.98 to $103 with the swapping of 11,816 stocks. Guardian Holdings bolted $15 higher to $655 in transferring 684 stock units, Jamaica Broilers rallied $1.25 to $36.75 with 34,818 shares changing hands, Jamaica Producers rallied $1.10 to $24.60 in trading 6,545 stocks, Margaritaville fell 70 cents to $14, with 10,673 stock units crossing the market, Mayberry Jamaican Equities shed 20 cents to $9 in an exchange of 430,059 shares, Portland JSX dropped $2.29 to $7.12 after exchanging 31,400 stocks, Proven Investments shed 45 cents to $35.05 with a transfer of 40,242 shares. Sagicor Group popped 46 cents to $56.01 in trading 12,921 stocks, Salada Foods gained 25 cents to finish at $8.45 with the swapping of 24,077 units, Scotia Group rose 50 cents to $40.50 in switching ownership of 2,233 shares, Seprod rallied $1.50 to settle at $71.50 in trading 4,864 stocks.
Supreme Ventures lost 41 cents to end at $19.10 in an exchange of 3,205 stock units and Wisynco Group spiked 19 cents ending at $15.99, clearing the market with 36,426 stock units.
In the preference segment, Eppley 8.75% preference shares rose 77 cents to $7.28 in switching ownership of 2,660 shares, Eppley 8.25% gained 30 cents ending at $7.10 with 2,727 units crossing the market and JMMB Group 7.15% – 2028 picked up 30 cents in closing at $3.50 in exchanging 350 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The prices of all stocks trading on Friday on the Jamaica Stock Exchange USD market declined with five securities changing hands, compared to two on Thursday with none of the five stocks trading was able to post gains at the close with 35 percent fewer shares changing hands than on Thursday.
At the close, Proven Investments dipped 1 cent to 25 US cents with 11,020 shares traded, Sterling Investments slipped 0.4 of a cent to 1.9 US cents, with 4,000 stock units changing hands, Sygnus Credit Investments lost 0.7 of a cent to 14 US cents, after 8,228 stocks crossed through the exchange and Transjamaican Highway fell 0.01 of a cent to 0.88 US cents, with 1,850 stock units crossing the exchange.
The All Jamaican Composite Index rose 743.96 points to 463,917.06, the JSE Main Index dropped 2,388.16 points to end at 424,163.22 and the JSE Financial Index lost 1.03 points to 104.16.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and none with lower offers.
138 Student Living lost 30 cents to close at $4.90 in exchanging 9,884 shares, Palace Amusement plunged $150 to $1,350 with the swapping of 79 stocks. PanJam Investment fell $1.40 to $67.60 after trading 1,150 stock units, Sagicor Group rose 55 cents to $55.55 in exchanging 8,321 shares. Sagicor Real Estate Fund lost 20 cents to close at $8.30, with 1,970 units crossing the exchange, Seprod sagged $2.90 to $70 in trading 15,395 stocks and Supreme Ventures shed $1.14 to finish at $19.51 after exchanging 96,734 stock units.
At the close of trading, the All Jamaican Composite Index rose 632.10 points to 463,173.10, the JSE Main Index popped 987.23 points to end at 426,551.38 and the JSE Financial Index popped 0.12 points to 105.19.
At the close, Barita Investments fell $1.05 to $81.95 with an exchange of 10,953 shares, Caribbean Cement declined $2.98 to $92 in switching ownership of 2,107 stock units. Carreras rallied 20 cents to $9.50 with a transfer of 242,839 stocks, Eppley shed 65 cents to $42, with 1,925 units clearing the market, Eppley Caribbean Property Fund spiked $3.79 to $49.99 in exchanging 4,350 shares. First Rock Capital gained 29 cents to end at $15.99 with the swapping of 4,236 stock units, Grace Kennedy sprung $3 higher to $100 with 119,597 shares crossing the exchange, Guardian Holdings dropped $8.01 to close at $690.99 with 8,181 stock units changing hands. Jamaica Broilers spiked 98 cents to $36 with the swapping of 4,092 shares, Jamaica Producers rose $1.10 to $24.60 after exchanging 40,153 stock units, Jamaica Stock Exchange gained 25 cents to finish at $17.50 in switching ownership of 8,038 units. JMMB Group picked up 26 cents to end at $37.99 trading 51,048 stocks, Mayberry Investments shed 75 cents to close at $5.70 with the swapping of 28,827 stock units. Mayberry Jamaican Equities popped $1.38 to $9.90 after 5,374 units crossed the market, 138 Student Living rallied 20 cents to $5.20 in exchanging 1,035 stock units, Palace Amusement spiked $50 to $1,500 in trading 200 units, Sagicor Group fell $2.15 to $55 with 143,472 shares changing hands, Salada Foods rallied $1.20 to $8.20 with 6,191 units clearing the market, Scotia Group fell $1.65 to $40 with an exchange of 14,205 stock units.
Seprod gained 45 cents to finish at $72.90 with the swapping of 13,546 shares, Sygnus Credit Investments rose 26 cents to $15.16 after trading 96,399 shares and Wisynco Group spiked 30 cents to $15.80 in switching ownership of 53,694 stocks.
The All Jamaican Composite Index rallied 5,655.18 points to 462,541.00, the JSE Main Index surged 6,000.74 points to end at 425,564.15 and the JSE Financial Index picked up 1.38 points to end at 105.07.
At the close, Barita Investments climbed $3 to $83 with 694,456 shares changing hands, Caribbean Cement rallied 48 cents to $94.98 in transferring 5,540 stock units. Eppley Caribbean Property Fund rose by $1.20 to $46.20 with 88,039 shares crossing the market, First Rock Capital gained 20 cents to end at $15.70 with the swapping of 4,103 stock units. Guardian Holdings surged $49 to $699 in switching ownership of 58,775 units, Jamaica Broilers shed $1.01 in closing at $35.02 after trading 64,951 shares. Jamaica Stock Exchange gained 25 cents to close at $17.25 with 17,600 stocks clearing the market, JMMB Group dipped 27 cents to $37.73 with the swapping of 71,764 stock units, Kingston Wharves spiked $1 to $48 in exchanging 6,029 shares, Margaritaville jumped $1.10 to $14.70 with 11,171 units crossing the market, Mayberry Jamaican Equities shed 57 cents to finish at $8.52 in trading 134,696 shares. NCB Financial declined $2 to $140 with a transfer of 30,450 units, Palace Amusement dropped $50 to $1,450 after exchanging 185 units, PanJam Investment rallied $4 to $69 in switching ownership of 26,674 stock units.
Proven Investments spiked $1.21 to $35.61 after an exchange of 1,478 shares, Pulse Investments gained 26 cents to finish at $4.36 with 359,704 stocks changing hands, Salada Foods declined $1 to $7 in exchanging 104,473 shares. Scotia Group rose 65 cents to $41.65 in trading 10,367 units, Seprod declined $2.04 to close at $72.45 with a transfer of 4,354 shares. Supreme Ventures rose 85 cents to $20.80 with 17,957 units changing hands and Wisynco Group lost 25 cents to close at $15.50 with the swapping of 1,359,269 shares,
Trading ended with 50 securities compared to 51 on Monday, with 17 rising, 21 declining and 12 remaining unchanged. The PE Ratio, a measure that determines an appropriate relative value stocks, averages 16.9 based on ICInsider.com’s forecast of 2021-22 earnings.
Investor’s Choice bid-offer indicator reading has 12 stocks ending with bids higher than their last selling prices and two with lower offers.
Seprod gained 99 cents to finish at $74.49 with the swapping of 175,821 shares, Supreme Ventures declined 95 cents in closing at $19.95 after an exchange of 53,982 stocks and Wisynco Group lost 20 cents to close at $15.75 in transferring 50,623 units.
The All Jamaican Composite Index plunged 7,165.97 points to 464386.22, the JSE Main Index dived 5,561.25 points to 425,548.58, while the JSE Financial Index slipped just 2.42 points to 104.87. Trading ended with 51 securities compared to 48 on Friday, with 13 stocks rising, 25 declining and 13 remaining unchanged.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and two with lower offers.
Scotia Group fell 60 cents to $41 with the swapping of 10,820 units, Seprod slipped $1 to $73.50 trading 6,685 stocks, Sterling Investments lost 20 cents to close at $2.80 with 300,000 shares crossing the exchange and Supreme Ventures spiked $1.10 to $20.90 in switching ownership of 30,505 stocks.
Seven securities traded, up from four on Friday with one rising, four declining and two remaining unchanged. The JSE USD Equity Index gained 0.07 points to end at 195.53.
Proven Investments remained at 25.01 US cents after 20,151 stocks changed hands. Sterling Investments fell 0.11 of a cent to 1.99 US cents with 96,845 shares passing through the market, Sygnus Credit Investments traded 42,412 stock units at 15 US cents and Transjamaican Highway slipped 0.01 of a cent to 0.85 US cents with 65,500 units crossing the exchange.
The All Jamaican Composite Index sprung 2,108.95 points higher to 471,552.19, the JSE Main Index fell 623.96 points to end at 431,109.83 and the JSE Financial Index slipped 0.23 points to 107.29.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and two with lower offers.
Portland JSX sprung 61 cents higher to $9.41 with 948 units changing hands, Proven Investments shed 37 cents to close at $35.02 in trading 20,407 stocks, Sagicor Group dived $4.23 to $58.61, with 267,469 shares clearing the market, Stanley Motta gained 25 cents to close at $5.90 with an exchange of 68,437 stocks, Sterling Investments rallied 20 cents to $3 with 973 stock units changing hands and Wisynco Group popped 49 cents higher to $15.98 in trading 176,609 shares.
Trading ended with four securities changing hands, compared to six on Thursday, with the prices of three rising, none declining and one remaining unchanged.
At the close, First Rock Capital advanced 0.88 of a cent to 8.88 US cents with an exchange of 11 shares, Margaritaville remained at 9 US cents with 12,900 stocks traded, Sterling Investments rose 0.1 of a cent to 2.1 US cents with 100 units changing hands and Transjamaican Highway gained 0.01 of a cent to end at 0.86 of a US cent with 163,160 shares crossing the exchange.