The Jamaica Stock Exchange Main Market ended trading on Tuesday with the market after rising stocks just edged out declining ones after an exchange of 42 percent fewer shares than on Monday.
The All Jamaican Composite Index lost 528.44 points to close at 429,331.77, the JSE Main Index shed 550.89 points to end at 391,753.12 and the JSE Financial Index shed 0.11 points to settle at 102.35.
Trading ended with 45 securities changing hands compared to 47 on Monday with prices of 17 stocks rising, 16 declining and 12 remaining unchanged. The PE Ratio closed with an average of 17.1 based on ICInsider.com’s forecast of 2020-21 earnings.
At he market’s close 29,337,011 shares traded for $299,861,101 compared to 50,531,916 units at $293,507,250 on Monday.
Wigton Windfarm led trading with 36.5 percent of total volume after an exchange of 10.71 million shares, Sagicor Real Estate Fund followed with 20.5 percent for 6 million units, Transjamaican Highway preference share, 9.7 percent market share with 2.83 million units. Wisynco Group with 2.34 million units for 8 percent of the day’s trades, Transjamaican Highway 6.4 percent with 1.87 million units and Kingston Wharves with 1.56 million units for 5.3 percent market share.
The day’s trading averaged 651,934 units at $6,663,580 for each security, versus 1,075,147 shares at $6,244,835 on Monday. Trading month to date averaged 426,447 units at $6,802,380 for each security, compared to 414,481 units at $6,809,746 on the prior trading day. November ended with an average of 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments advanced $3.42 to $87 in trading 765,781 shares, Caribbean Cement lost $1.55 in closing at $60 with 257,378 stock units changing hands, Eppley climbed $1.45 to $26.50 trading 159 stocks. Eppley Caribbean Property Fund gained $2 to close at $47 while exchanging 11,000 units, Jamaica Producers rose 44 cents to $21.44 trading 16,580 stock units, JMMB Group lost $1.75 to close at $31.75, with 652,592 shares crossing the market. Kingston Wharves dropped $1.28 to $44.52, trading 1,557,609 units, Mayberry Jamaican Equities shed 50 cents to end at $7.75 in switching ownership of 2,214 shares, NCB Financial lost $2 to settle at $142, with 10,669 units crossing the exchange, Sagicor Group carved out a gain of 41 cents to close at $50.40 after clearing the market with 55,992 shares, Sagicor Real Estate Fund climbed $1.25 to $9 while exchanging 6,000,641 shares.
Salada Foods gained $4.10 in closing at $27.25 after trading 100 shares, Scotia Group lost $1.44 to settle at $43.51, with 37,260 stocks crossing the exchange and Sygnus Credit Investments fell 50 cents to close at $15.50 in trading 142,589 shares.
In the preference segment, 138 Student Living Preference share increased $1.25 in ending at $5.90, with 4,000 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
On Tuesday seven securities traded, compared to six on Monday and ended with prices of four rising and three declining.
At the market close, First Rock Capital Investment lost 0.01 of a cent to close at 8.99 US cents in trading 24 shares, Proven Investments advanced 0.97 of a cent to close at 26.97 US cents after exchanging 672 units, Sterling Investments gained 0.01 of a cent to 2.38 US cents with an exchange of 4,170 stocks. Sygnus Credit Investments fell 2.49 cents to 14 US cents in an exchange of 30,317 stock units, Transjamaican Highway lost 0.02 of a cent in closing at 0.95 US cents in trading 13,678 stocks.
Similar to trading on Thursday, the market ended with six securities changing hands with prices of two stocks rising, three declining and one remaining unchanged.
At the close of trading, First Rock Capital Investment carved out a gain of 1 US cents to close at 9 US cents after finishing trading 4,572 shares, Margaritaville lost 1 cent in ending at a 52 weeks’ low of 10 US cents in exchanging 60,806 stock units. Proven Investments gained 0.02 of a cent to close at 26 US cents after trading 70,930 stock units, Sterling Investments shed 0.01 of a cent to close at 2.37 US cents while trading 4,070 stocks, Sygnus Credit Investments shed 0.07 of a cent to end at 16.49 US cents, with just two stocks changing hands and Transjamaican Highway remained at 0.97 of a US cent while trading 120,600 stock units.
At the close, the All Jamaican Composite Index carved out a gain of 379.52 points to settle at 429,860.21, the Main Index rose 402.18 points to settle at 392,304.01 and the JSE Financial Index inched 0.29 points to settle at 102.46.
Trading for the day averaged 1,075,147 units at $6,244,835 for each security, compared to an average of 426,017 shares at $4,962,196 on Thursday. Trading month to date averaged 414,481 units at $6,809,746 for each security, in contrast to 375,716 units at $6,842,893 on the prior trading day. November trading averaged 623,120 units at $6,686,047.
JMMB Group shed 50 cents to end at $33.50 with investors swapping 26,573 units, NCB Financial gained $2.50 to close at $144 in switching ownership of 2,977 stock units, PanJam Investment rose $2.65 to $68.15 4,878 units changing hands. Sagicor Group advanced 99 cents to $49.99 after 580,544 shares cleared the market, Salada Foods dropped $5.84 to close at $23.15 trading 1,000 units, Supreme Ventures declined by 37 cents to $17.50 after 19,428 stock units crossed the exchange. Victoria Mutual Investments climbed 35 cents to close at $6 with an exchange of 643,937 stocks and Wisynco Group rose 50 cents to $16.30, with 259,786 shares crossing the market.
Trading for the day averaged 426,017 units at $4,962,196 for each security, compared to an average of 511,440 shares at $2,925,439 on Wednesday. The month to date average resulted in 375,716 units at $6,842,893 for each security, compared to 372,792 units at $6,952,207 on the prior trading day. November averaged 623,120 units at $6,686,047.
NCB Financial rose $1.50 to $141.50 while exchanging 35,029 stock units, PanJam Investment shed $2.20 to end at $65.50 after 11,725 shares crossed the exchange, Sagicor Group carved out a loss of 50 cents and ended at $49 after trading 106,746 stocks. Seprod gained 50 cents to settle at $66.50 exchanging 1,664 units and Sygnus Credit Investments lost 90 cents to end at $16, with 206,274 shares changing hands.
At the close, the All Jamaican Composite Index rose 1,881.19 points to settle at 424,217.88, the Main Index climbed 1,702.34 points to 387,217.88 and the JSE Financial Index added 0.44 points to close at 100.64.
Trading on Wednesday averaged 511,440 units at $2,925,439 for each security, compared to an average of 542,494 shares at $6,746,385 on Tuesday. Trading month to date averaged 372,792 units at $6,952,207 for each security, in contrast to 363,405 units at $7,224,823 on the prior trading day. November ended with an average of 623,120 units at $6,686,047.
Kingston Wharves declined by $1.09 to $45.80 after exchanging 385 units, Mayberry Investments increased 38 cents to $6.15 in trading 12,925 stock units, NCB Financial shed $4.97 in ending at $140 with 128,875 stocks crossing the exchange. 138 Student Living increased 51 cents in closing at $4.86 and exchanging 1,838 shares, Palace Amusement rose $100 to $1300 after exchanging 16 units, Portland JSX climbed $1.50 to $9.50 exchanging 800 shares, Sagicor Real Estate Fund rose 47 cents to close at $7.75, with 6,265,503 stocks crossing the exchange. Salada Foods climbed $5.72 to $28.74 in an exchange of one share, Scotia Group increased $2.49 to $45 in trading 703,239 stocks and Sygnus Credit Investments advanced 90 cents to $16.90 while trading 21,929 stock units.
The market closed with seven securities changing hands, up from three on Tuesday, with three stocks rising, two declining and two remaining unchanged.
At the close of the market, Rock Capital Investment rose 1 cent to end at 9 US cents in trading 9,962 shares, Productive Business Solutions closed at 66 US cents with an exchange of 52 stocks, Proven Investments dropped 0.04 of a cent to close at 25.89 US cents in exchanging 52,945 stocks. Sterling Investments rose 0.28 of a cent in closing at 2.38 US cents, trading 100 units, Sygnus Credit Investments ended at 15.7 US cents while exchanging 839 units, Transjamaican Highway climbed 0.06 of a cent in closing at 0.98 of a US cent with 995,361 stock units changing hands.
Trading averaged 542,494 units at $6,746,385 for each security, compared to 376,600 shares at $33,442,451 on Monday. Trading month to date averaged 363,405 units at $7,224,823 for each security, in contrast to 350,980 units at $7,258,018 on the prior trading day. Trading in November averaged of 623,120 units at $6,686,047.
Kingston Properties climbed $1.04 to $7.25 in exchanging 1,500 shares, NCB Financial rose 47 cents to $144.97 after exchanging 22,631 stocks, Palace Amusement dived $100 to $1200 after exchanging 9 units. Sagicor Group lost 50 cents to close at $49.50 in trading 4,022,948 stocks, Salada Foods lost $1.98 after ending at $23.02 with investors swapping 54,260 stock units, Scotia Group shed 97 cents to end at $42.51, with 47,182 shares passing through the market and Sygnus Credit Investments fell 50 cents to $16 in an exchange of 194,763 shares.
Trading averaged 376,600 units at $33,442,451 for each security, compared to 818,719 shares at $5,333,003 on Friday. Month to date averaged 350,980 units at $7,258,018 for each security, in contrast to 349,070 units at $5,305,856. November averaged 623,120 units at $6,686,047.
Kingston Wharves advanced 90 cents to $46.90 after exchanging 11,025 stocks, Mayberry Investments lost 50 cents to end at $6 with 695 shares trading, MPC Caribbean Clean Energy shed $14 to end at $145 with an exchange of 10 stock units. NCB Financial climbed 50 cents to $144.50, with 9,979,058 shares crossing the exchange, Palace Amusement climbed $87 to $1300 in trading 14 units, PanJam Investment rose $1.15 to end at $67.97 trading 37,700 shares. Portland JSX lost 48 cents in ending at $8 trading 15,755 stock units, Sagicor Group climbed $4.99 to $50, with 46,612 units passing through the market, Salada Foods lost $4 to close at $25 in exchanging 1,267 shares and Scotia Group shed $1.02 to end at $43.48 trading 11,546 stock units.
Trading ended with 46 securities changing hands compared to 45 on Thursday and closed with the prices of 22 stocks rising, 12 declining and 12 remaining unchanged, with Ciboney trading at a 52 weeks’ high of 25 cents. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Sagicor Group with 8 percent for 3 million units and Sagicor Select Financial Fund with a 3.6 percent market share for 1.35 million units.
NCB Financial advanced $2 to $144 trading 21,418 stocks, Pan Jam Investment climbed $1.32 to $66.82, after 64,236 shares crossed the market, Sagicor Group dropped $4.49 to close at $45.01, with 3,004,520 shares clearing the market. Scotia Group gained 50 cents to finish at $44.50, trading 5,364 units, Seprod lost 45 cents in closing at $66 and exchanging 25,732 stock units and Wisynco Group increased 50 cents to $16, with 30,512 stock units passing through the market.