The main market of the Jamaica Stock Exchange ended October on the up but is down a significant 23,316.22 points for the month and 7 percent below the peak reached in early August.
At the close, the JSE All Jamaican Composite Index climbed 3,949.97 points to close at 543,754.31, the JSE Index advanced 3,577.89 points to 495,187.93 and the JSE Financial Index gained 0.33 points to close at 133.41.
Trading closed with 44 securities changing hands in the main and US dollar markets with 21 stocks advancing, 11 declining and 12 traded firm. Main market activity ended with 40 securities trading 38,125,741 units valued at $101,388,568, in contrast to 29,380,399 units valued at $238,224,184 on Tuesday with 38 securities trading.
Wigton Windfarm dominated trading with 30 million shares for 80 percent of total volume, followed by Sagicor Select Funds with 3.25 million units accounting for 9 percent of the day’s trade and Carreras with 1.2 million shares for 3 percent of the market’s trade.
The market closed with an average of 953,144 units valued at $2,534,714 for each security traded, in contrast to 773,168 units valued at an average of $6,269,057 on Tuesday. The average volume and value for the month to date amounts to 957,274 units valued at $13,330,997 and previously an average of 957,488 units valued at $13,947,047 for each security traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 19 stocks ended with bids higher than their last selling prices and just 1 with a lower offer. The PE ratio of the market ended at 17.1 with the main market ending at 17.9 times 2019 current year’s earnings.
In main market activity, Barita Investments lost $1 to settle at $70 trading 33,922 shares, Caribbean Cement ended at $77, after gaining 50 cents in exchanging 7,900 shares, Carreras ended with 1,216,915 shares trading and gained 90 cents to close at $8.80. Eppley Caribbean Property Fund added $2 and closed at $34 with 1,000 shares changing hands, Eppley gained 50 cents to close at $16, in swapping 100 shares, Grace Kennedy jumped $1.32 while exchanging 17,906 shares, to end at $67.49. Jamaica Broilers closed 85 cents higher at $34 with 13,729 shares changing hands, Jamaica Stock Exchange rose 58 cents to $29.50 in trading of 104,408 shares, MPC Caribbean Clean Energy rose to another record high with a gain of $5 to close at $260, after trading of 500 shares. Investors in the stock were responding to the 3 for 1 rights issue scheduled for November at $140 per share. NCB Financial declined to $203, after losing $2 in exchanging 27,999 shares, 138 Student Living closed 50 cents higher to end at $4 with 100 shares changing hands, PanJam Investment closed at $100, after rising $2.05 with an exchange of 20,250 shares. Proven Investments traded 515 shares and jumped $5 to end at $45, Sagicor Real Estate Fund rose 29 cents to $11.89 with an exchange of 30,100 shares, Salada Foods added 30 cents to settle at $29.30 after 2,832 shares crossed the exchange. 
Scotia Group gained $1.70 to close at $55 as investors swapped 22,215 shares, Seprod jumped $2.32 to close at $54, trading 47,960 units, Stanley Motta closed at $5.74 with a rise of 34 cents, after exchanging 46,937 shares. Sygnus Credit Investments closed 24 cents lower to end at $21.26 after trading 54,201 shares and Wisynco Group rose $1 exchanging 1,044,580 shares to close at $22 before the company reported a 53 percent rise in profit for the September quarter.
Trading in the US dollar market ended with 26,512 units valued at US$6,713 with the market index rising 9.18 points to close at 202.56. Productive Business Solution increased 2.5 cents and completed trading at 60 US cents exchanging 6,800 shares, Proven Investments lost 0.9 US cent trading 7,692 units to close at 27 US cents, Sterling Investments lost half a cent and closed at 2.2 cents US after trading 10,000 shares and Sygnus Credit Investments exchanged 2,020 shares to end at 14 US cents.
Strong JSE gain ahead of month end
The main market of the Jamaica Stock Exchange recorded gains in the major market indices on Wednesday, ahead of the month-end, with moderately lower volume and value than on Tuesday.
At the close, the JSE All Jamaican Composite Index climbed 2,643.80 points to close at 539,804.34; the JSE Index advanced 2,371.17 points to 491,610.04 and the JSE Financial Index gained 0.33 points to close at 133.41.
Trading closed with 41 securities changing hands in the main and US dollar markets with 15 stocks advancing, 18 declining and 8 traded firm. Main market activity ended with 38 securities trading 29,380,399 units valued at $238,224,184, in contrast to 36,170,897 units valued at $276,199,901 on Tuesday with 40 securities trading.
Wigton Windfarm dominated trading with 19.8 million shares for 68 percent of total volume, followed by Sagicor Select Funds with 4.4 million units accounting for 15 percent of the day’s trade and Barita Investments with 1.2 million shares for 4 percent of the market’s trade.
The market closed with an average of 773,168 units valued at an average of $6,269,057 for each security traded, in contrast to 951,866 units valued at an average of $7,268,418 on Tuesday. The average volume and value for the month to date amounts to 957,488 units valued at $13,947,047 and previously an average of 967,004 units valued at $13,607,212 for each security traded.
The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 11 stocks ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.6 with the main market ending at 17.2 times 2019 current year’s earnings.
In main market activity, Barita Investments lost $2.50 to settle at $71 trading 1,205,083 shares, Caribbean Cement ended at $77, after losing 39 cents and exchanging 29,927 shares, Eppley Caribbean Fund closed at $32 with a drop of $4 with 6,500 shares changing hands. Eppley gained $1 to close at $15.50, in swapping 200 shares, Grace Kennedy dropped $2.30 exchanging 5,729 shares, to end at $66.17, Jamaica Producers closed 39 cents higher to $22.90 with 29,021 shares changing hands, Kingston Wharves added $1.40, rising to $61.40 with 200 shares traded. Mayberry Investments lost 40 cents to close at $7.50, with 156,234 shares crossing the exchange, MPC Caribbean Clean Energy rose to a record $255, after adding $14 and trading of 546 shares. NCB Financial advanced to $205, after gaining $3 in swapping 228,860 shares, 138 Student Living closed 60 cents higher, in settling at $3.50 with 50,000 shares changing hands, PanJam Investment slid to $97.95, after losing $2.05 with 101,283 shares traded. Proven Investments traded 1,670 shares and lost $1 to end the day at $40, 
Sagicor Group lost $1 to close at $66, with 27,160 shares being exchanged, Sagicor Real Estate Fund rose 80 cents to $11.60 with an exchange of 106,463 shares, Salada Foods lost 30 cents to settle at $29 after 520 shares crossed the exchange. Scotia Group closed 30 cents higher at $53.30, in swapping 156,085 shares, Seprod lost 38 cents to close at $51.68, trading 21,160 units, Supreme Ventures closed at $25.15 with a loss of 84 cents, after exchanging 16,010 shares. Sygnus Credit Investments closed 50 cents lower to end at $21.50 after trading 11,934 shares and Wisynco dropped $1.13 exchanging 410,239 shares to close at $21.
Trading in the US dollar market ended with 143,392 units valued at US$64,655 with the market index losing 6.55 points to close at 193.38. JMMB Group 6% preference shares closed at US$1.01 after trading 40,688 shares, Proven Investments lost a fraction of 1 US cent trading 76,688 units to close at 27.9 US cents and Sygnus Credit Investments exchanged 26,016 shares to end at 14 US cents, after gaining 1 US cent.
7 straight loss for JSE main market
The main market of the Jamaica Stock Exchange continued its negative move with 7 straight days of falling market index as the market posted modest losses on Tuesday on lower volume but higher value traded.
At the close, the JSE All Jamaican Composite Index shed 349.46 points to close at 537,160.54, the JSE Index dipped 200.00 points to 489,238.87 and the JSE Financial Index slipped 0.87 points to close at 133.08.
At the close of trading, 40 securities changed hands in the main and US dollar markets with 23 advancing, 10 declining and 7 stocks traded firm. Main market activity ended with 38 securities trading 36,170,897 units valued at $276,199,901, in contrast to 48,237,597 units at $136,439,498 on Monday with 35 securities trading.
Wigton Windfarm dominated trading with 25.2 million shares for 70 percent of total volume, followed by Sagicor Select Funds with 6.4 million units accounting for 18 percent of the day’s trade and PanJam Investment with 1.2 million shares for 3 percent market share.
The market closed with an average of 951,866 units valued at an average of $7,268,418 for each security traded, in contrast to 1,378,217 units valued at an average of $3,898,271 on Monday. The average volume and value for the month to date amounts to 967,004 units valued at $13,607,212 and previously an average of 961,280 units valued at $13,958,606 for each security traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 7 stocks ended with bids higher than their last selling prices and 5 with lower offers. The PE ratio of the market ended at 16.5 with the main market ending at 17.2 times 2019 current year’s earnings.
In main market activity, Berger lost 50 cents to close at $18 with 11,728 shares changing hands, Eppley Caribbean Fund ended at $36, with gains of 99 cents while trading 400 stock units, Eppley dropped 50 cents to settle at $14.50, in swapping 1,670 stocks, Grace Kennedy climbed $1.67 exchanging 45,651 shares, to end the day at $68.47. Kingston Wharves closed $2.59 higher to $60, with just 1,140 shares changing hands, Mayberry Investments rose 34 cents to $7.90, with 6,488 shares crossing the exchange, MPC Caribbean Clean Energy jumped $21 in trading a mere 100 shares to end at a record $241, NCB Financial gained $1.99 to close at $202, in swapping 66,638 shares. 
PanJam Investment gained 50 cents to settle at $100 with 1,199,725 shares trading, Proven Investments traded 2,281 shares in falling $1.40 to end at $41, Pulse Investments closed 53 cents higher to $4.78, with 79,211 shares changing hands. Sagicor Group closed at $67, after gaining 75 cents with an exchange of 46,273 shares, Seprod advanced by $1.56, settling at $52.06, trading 13,584 units, Supreme Ventures closed at $25.99 as the price rose 84 cents, after exchanging 937,485 shares and Sygnus Credit Investments closed 60 cents higher, ending at $22 trading 43,447 shares.
Trading in the US dollar market ended with 717,516 units valued at over US$150,912 with the market index advancing 5.11 points to close at 199.93. Proven Investments rose 2 US cents trading 365,316 units to close at a 52 weeks’ high of 28 US cents and Sygnus Credit Investments exchanged 352,200 shares, falling 0.99 of a US cent to end at 13 US cents.
JSE main market decline continues
The more than 11,000 points sharp decline of the Jamaica Stock Exchange main market indices last week continued on Monday, as volume and value dropped compared to that on Friday.
The JSE All Jamaican Composite Index ended with a fall of 2,448.77 points to close at 537,510.00, the JSE Index declined by 2,178.75 points to 489,438.87 and the JSE Financial Index lost 0.24 points to close at 133.95.
At the close of trading, 38 securities changed hands in the main and US dollar markets with 14 advancing, 14 declining and 6 trading firm. Main market activity ended with 35 securities trading 48,237,597 units valued at $136,439,498, in contrast to 64,041,525 units valued at $1,348,335,010 on Friday with 33 securities trading.
Wigton Windfarm dominated trading with 41.85 million shares for 87 percent of total volume, followed by Sagicor Select Funds with 3.46 million units accounting for 7 percent of the day’s trade and Scotia Group with 590,136 shares for 1 percent of the market’s trade.
The market closed with an average of 1,378,217 units valued at an average of $3,898,271 for each security traded, in contrast to 1,960,652 units valued at an average of $40,858,637 on Friday. The average volume and value for the month to date amounts to 961,280 units valued at $13,958,606 and previously an average of 946,164 units valued at $14,531,873 for each security traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 10 stocks ended with bids higher than their last selling prices and none with lower offers. The PE ratio of the market ended at 16.1 with the main market ending at 16.7 times 2019 current year’s earnings.
In main market activity, Barita Investments lost 60 cents to close at $73.50 while 4,852 shares were traded, Caribbean Cement jumped $5.51 to close at $77.50 with 166,784 shares changing hands after the company posted third quarter results showing lower revenues than for the same quarter in 2018. Net profit was just $77 million or 9 cents per share for the quarter and $1.85 for the nine months period versus $1.34 per share in 2018. Eppley Caribbean Property Fund traded 3,000 shares and dropped $4.49 to end at $35.01, Eppley ended at $15, after losing $1.85 trading a mere 630 shares, Jamaica Broilers swapped 24,699 shares, closing $2.90 lower at $33.10. Jamaica Producers gained 50 cents, after exchanging just 100 shares to settle at $22.50, JMMB Group rose $2.30 to close at $41.80, with 9,182 shares changing hands. 
Kingston Wharves dived $2.59 to $57.41, after trading 2,412 shares, MPC Caribbean Clean Energy jumped $19.99 in trading 100 shares to end at a record high of $220, Portland JSX climbed 50 cents to $8.50, in swapping 4,500 shares. Proven Investments traded 1,564 shares, gaining $1.40 to end at $42.40, Sagicor Group closed 25 cents higher at $66.25 with an exchange of 160,664 shares, Salada Foods advanced by $3.25 to close at $29.30 with 2,550 shares changing hands. Scotia Group lost 42.10 to close at $53 while trading 590,136 shares, Seprod lost $2 to settle at $50.50 with 936 units crossing the exchange, Sygnus Credit Investments lost 60 cents, in ending at $21.40 with an exchange of 104,628 shares and VM Investments lost 24 cents and closed $7.75, after trading 199,482 shares.
Trading in the US dollar market ended with 197,701 units valued at over US$33,784 with the market index gaining 1.47 points to close at 194.82. In trading, JMMB Group gained 2 cents settled at US$2.02 with 3,769 shares, Proven Investments closed with 9,664 units changing hands at 26 US cents and Sygnus Credit Investments exchanged 134,268 shares and gained 2 US cents to end at 13.99 US cents.
JSE majors drop nearly 8% from peak
The main market of the Jamaica Stock Exchange declined for the fourth day on Friday, with The JSE All Jamaican Composite Index plummeting 5,571.87 points to close at 539,958.77, down 7.7 percent from the peak on August 8, this year.
The JSE Index dropped 5,024.72 points to close at 491,617.62 and the JSE Financial Index lost 1.30 points to close at 134.19 as 36 securities changed hands in the main and US dollar markets with 11 advancing, 12 declining and 13 traded firm. Main market activity ended with 33 securities trading 64,041,525 units valued at $1,348,335,010, in contrast to 20,774,565 units valued at $56,322,324 on Thursday with 32 securities trading.
Carreras dominated trading with 30.1 million shares for 47 percent of total volume, followed by Wisynco with 10.6 million units accounting for 17 percent of the day’s trade and Grace Kennedy with 7.7 million shares for 12 percent of the market’s trade. Also chipping in, with sizable volume are Sagicor Select Fund with 5.6 million shares, Jamaica Stock Exchange with 3,575,105 shares, Caribbean Cement with 2.4 million units and Wigton Windfarm with 2 million shares.
The market closed with an average of 1,940,652 units valued at an average of $40,858,637 for each security traded, in contrast to 649,205 units valued at an average of $1,760,073 on Thursday. The average volume and value for the month to date amounts to 946,164 units valued at $14,531,873 and previously an average of 894,072 units valued at $13,071,739 for each security traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 12 stocks ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.3 with the main market ending at 16.9 times 2019 current year’s earnings.
In main market activity, Barita Investments closed $1.39 lower to $74.10 with 25,560 units traded, Carib Cement lost $1.51 to close at $71.99 with 2,438,311 shares changing hands, Grace Kennedy gained 90 cents, ending at $67 and trading 7,749,078 shares, Jamaica Broilers swapped 48,208 shares, in rising $2.90 higher to $36. Jamaica Producers lost $1 to settle at $22, with an exchange of 75,860 shares, Jamaica Stock Exchange added 59 cents to close at $29 with 3,575,105 shares crossing the exchange. JMMB Group dropped $2.30 to end at $39.50, with 18,561 shares changing hands, 
Kingston Wharves closed $2 lower at $60, after trading 3,078 shares, MPC Caribbean Clean Energy advanced $10.01 trading 1,054 shares to end at a 52 weeks’ high of $200.01. NCB Financial dropped $5 lower to $200, in swapping 255,476 shares, Seprod gained 98 cents to settle at $52.50 with 10,510 units changing hands, Supreme Ventures lost 85 cents and ending at $25.15 with 31,644 shares crossing the exchange and Sygnus Credit Investments gained 45 cents, after trading 8,792 shares to close at $22.
Trading in the US dollar market ended with 589,163 units valued at over US$449,608 with the market index losing 0.77 points to close at 193.35. Equity Line Mortgage Investment preference share settled at US$2.01, after rising by 1 US cent in swapping 200,000 units, Proven Investments traded 5,030 units to close at 27 US cents and Sygnus Credit Investments exchanged 384,133 shares to end at 12 US cents,
JSE main market falls again
The main market of the Jamaica Stock Exchange declined for the third straight day on Thursday, with The JSE All Jamaican Composite Index declining 2,089.20 points to 545,53064, the JSE Index losing 1,893.04 points to 496,642.34 while the JSE Financial Index lost 0.60 points to close at 135.49.
At the close of trading, 35 securities changed hands in the main and US dollar markets with 10 advancing, 17 declining and 8 traded firm. Main market activity ended with 20,774,565 units valued at $56,322,324, in contrast to 21,914,251 units valued at $146,471,455 on Wednesday.
Sagicor Select Funds dominated trading with 13 million shares for 63 percent of total volume, followed by Radio Jamaica with 3.1 million units accounting for 15 percent of the day’s trade and Wigton Windfarm with 3 million shares for 14 percent of the market’s trade.
The market closed with an average of 649,205 units at $1,760,073 for each security traded, in contrast to 626,121 units valued at an average of $4,184,899 on Wednesday.
The average volume and value for the month to date amounts to 894,072 units valued at $13,071,739 and previously an average of 907,175 units valued at $13,714,670 for each security traded. The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 15 stocks ended with bids higher than their last selling prices and 6 with lower offers. The PE ratio of the market ended at 16.4 with the main market ending at 17 times 2019 current year’s earnings.
In main market activity, Barita dropped $2.75 to settle at $75.49 with 76,433 units traded, Berger gained 50 cents to close at $18.50 with 1,450 shares changing hands, Grace Kennedy closed $2.25 lower, ending at $66.10 while trading 3,056 shares, Jamaica Broilers traded 34,924 shares, after losing 89 cents to close at $33.10. Jamaica Producers advanced $1.49, in settling at $23 with an exchange of 50,687 shares, Jamaica Stock Exchange gained 41 cents to close at $28.41 in swapping 7,347 shares. Kingston Wharves closed $1.47 higher to $62, after trading 5,196 shares, Mayberry Investments lost 48 cents trading 13,500 shares to end at $7.50, PanJam Investment ended the day’s trade at $99.50, after losing 50 cents exchanging 26,244 shares, 
Proven Investments closed at $41, with gains of 50 cents trading 6,351 shares. Sagicor Group lost $1 to close at $66, with 46,361 shares changing hands, Salada Foods fell by $1.95 to settle at $26.05 with 24,374 shares traded. Scotia Group closed $1 lower to $55 with trades of 24,800 shares, Seprod declined by $2.30 to settle at $51.52 with 15,580 units changing hands and Sygnus Credit Investments lost 45 cents, after trading 14,600 to close at $21.55.
Trading in the US dollar market ended with 199,584 units valued at over US$43,703 with the market index losing 2.66 points to close at 194.12. At the close of the market, Proven Investments traded 132,600 units to close at 27 US cents, Sygnus Credit Investments exchanged 62,899 shares to end at 12 US cents, after losing 2 US cents and Sterling Investments settled at 2.7 US cents, in swapping 4,085 units after falling 0.3 of a cent.
JSE slips with 2 advances to 1 decline
Advancing Jamaica Stock Exchange stocks doubled declining ones but that did not stop the market indices from falling for the second day of trading with the All Jamaican Composite Index losing 1,445.53 points to close at 547,619.84 and the JSE Index dipping 1,377.67 points to 498,535.38.
The recently created JSE Financial Index slipped 0.53 points to close at 136.09 points as trading ended with 39 securities changing hands in the main and US dollar markets. At the close 20 stocks advanced, 10 declined and 9 traded firm. Main market activity ended with 35 securities trading, resulting in 21,914,251 units valued at $146,471,455 in contrast 29,682,285 units valued at $61,647,404 from 35 securities trading on Tuesday.
Wigton Windfarm led trading with 10.2 million units for 47 percent of total volume, followed by Sagicor Select Funds with 7.1 million shares for 33 percent of the market’s trade and Carreras 1.1 million units accounting for 5 percent of the day’s trade.
The market closed with an average of 626,121 units valued at $4,184,899 for each security traded, in contrast to 848,065 units for an average of $1,761,354 on Tuesday. The average volume and value for the month to date amounts to 907,175 shares at a value of $13,714,670 for each security traded and previously 924,647 shares at $14,346,378 for each stock traded. The market closed September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer reading shows 13 securities ended with bids higher than their last selling prices and 3 with lower offers. The PE ratio of the market ended at 16.5 with the main market ending at 17.1 times 2019 current year’s earnings.
In main market activity, Eppley Caribbean Fund gained $1.50 to close at $39.50, exchanging 5,650 shares, Grace Kennedy rebounded to close at $68.35, after advancing $2.30 trading 13,359 shares, Jamaica Producers closed 31 cents higher to $21.51 with just 100 shares changing hands, JMMB Group closed at $42, after gaining $1 in swapping of 100,100 shares. Kingston Properties gained 60 cents to settle at $5.90 with 200 shares crossing the exchange, Kingston Wharves closed 53 cents higher to $60.53 in trading 250 shares, Mayberry Investments lost 32 cents, ending at $7.98 after exchanging 35,999 shares. NCB Financial jumped $4 on the previous day’s closing trade to settle at $205 in swapping 116,828 shares, PanJam Investment fell $1.86 to $100, after trading 458,034 shares,
Sagicor Group gained 45 cents to close at $67, with 51,000 shares changing hands. Salada Foods advanced by $3 to $28, in exchanging 1,000 shares, Scotia Group slipped by $1, in ending at $56 with 30,862 shares trading, Seprod closed $2.80 higher at $53.82 in exchanging 10,666 shares. Supreme Ventures gained 85 cents, after closing at $26 with 7,832 shares changing hands and Sygnus Credit Investments lost 30 cents to settle at $22 with 61,665 shares crossing the exchange.
Trading in the US dollar market ended with 82,142 units valued at $19,621 and the market index gained 0.05 points to close at 196.78. At the close, Proven Investments traded 63,000 units to close at 27 US cents, Sygnus Credit Investments ended the day’s trade at 14 US cents, after gaining a fraction of a US cent with 16,950 shares changing hands, Sterling Investments exchanged 2,000 units at 3 US cents and JMMB 6 % preference share gained 2 cents to close at US$1.01 with just 192 shares changing hands.
26 JSE stocks fall just 4 rise on Tuesday
The Jamaica Stock Exchange main market declined as the prices of 26 stocks tumbled and just 4 rose on Tuesday and just 7 closed with the prices unchanged as 37 securities changed hands in both the main and US dollar markets.
At the close of trading, the All Jamaican Composite Index declined by 2,056.84 points to 549,065.37, the JSE Index falling 1,863.72 points to 499,913.05 and The JSE Financial Index that was started early this year, inched just 0.04 points lower, to end at 136.62.
Main market activity ended with 35 securities trading, resulting in 29,682,285 units valued at $61,647,404 in contrast to 31,484,701 units valued at $125,777,352 from 34 securities trading on Friday.
Wigton Windfarm led trading with 20.7 million units for 70 percent of total volume, followed by Sagicor Select Funds with 7.1 million shares for 24 percent of the market’s trade and QWI Investments 635,758 units accounting for 2 percent of the day’s trade.
The market closed with an average of 848,065 units valued at $1,761,354 for each security traded, in contrast to 1,015,636 units for an average of $4,057,334 on Friday. 
The average volume and value for the month to date amounts to 924,647 shares at a value of $14,346,378 for each security traded and previously 929,723 shares at $15,239,838 for each stock traded. The market closed September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer reading shows 13 securities ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.2 with the main market ending at 16.8 times 2019 current year’s earnings.
In main market activity, Barita closed 45 cents lower to $78.50, after trading 14,950 shares, Berger Paints ended at $1 and lost 50 cents in swapping 1,222 shares, Carib Cement dived $2.50 trading 35,679 shares, in closing at $73.50. Grace Kennedy declined by $3.45 to close at $66.05 with 21,438 shares changing hands, Jamaica Broilers lost $1 in exchanging 13,265 shares to settle at $34, Jamaica Producers closed $3.30 lower to $21.20 while trading 134,912 shares, Jamaica Stock Exchange dropped 50 cents at $28 with 42,794 shares traded. JMMB Group slid to $41, losing $1.50 in swapping 14,777 shares. 
Kingston Wharves lost 39 cents to settle at $60 trading 629 shares, NCB Financial closed $4 lower to $201 with an exchange of 51,820 shares, Portland JSX fell by 97 cents to $8, after trading 3,600 shares, Sagicor Group settled at $66.55, after losing 95 cents with 21,890 shares changing hands. Salada Foods closed $3 lower to $25, in swapping 1,198 shares, Scotia Group dropped $3 and ended at $57 in exchanging 2,650 shares, Seprod lost $1.98 to close at $51.02 after exchanging 7,454 shares and Supreme Ventures closed $1.60 lower to $25.15 with 15,953 shares changing hands.
Trading in the US dollar market ended with 583,847 units valued at $147,169 and the market index closed at 196.73. Proven Investments traded 503,847 units to close at 27 US cents and Sygnus Credit Investments ended the day’s trading at 13.9 US cents, after falling a fraction of 1 US cent with 80,000 shares changing hands.
More trading higher prices for JSE
The Jamaica Stock Exchange main market moved higher on greater volume and value than on Thursday with the JSE All Jamaican Composite Index gaining 2,291.72 points to 551,122.21 and the JSE Index rising 2,582.15 points to 501,776.77.
At the same time, the JSE Financial Index that measures all the stocks in this sector in the three JSE markets rose 0.91 points to close at 136.66. Trading ended with 34 securities changing hands in the main and US dollar markets with 15 stocks advancing, 9 declining and 10 trading firm. Main market activity ended with 34 securities trading, resulting in 31,484,701 units valued at $125,777,352 in contrast to 22,536,647 units valued at $48,207,025 from 38 securities trading on Thursday.
Wigton Windfarm led trading with 24.5 million units for 78 percent of total volume, followed by Sagicor Select Funds with 3.1 million shares for 10 percent of the market’s trade and Wisynco Group with 2.3 million units accounting for 7 percent of the day’s trade.
The market closed with an average of 1,015,636 units valued at $4,057,334 for each security traded, in contrast to 593,070 units for an average of $1,268,606 on Thursday and well below the averages for September. The average volume and value for the month to date amounts to 929,723 shares at a value of $15,239,838 for each security traded and previously 924,365 shares at $15,990,179 for each stock traded. The market closed September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer reading shows 8 securities ended with bids higher than their last selling prices and 5 with lower offers. The PE ratio of the market ended at 16.5 with the main market ending at 17.2 times 2019 current year’s earnings.
In main market activity, Berger closed $1.40 lower to settle at $18.50 with an exchange of just 200 shares, Carreras lost 25 cents trading 68,902 shares and ending at $8, Eppley Caribbean Property Fund declined by $2 to $38 with 64,000 shares changing hands, JMMB Group slid by 49 cents to $42.50, in swapping 19,461 shares. 
Kingston Wharves gained 39 cents to settle at $60.39 trading a mere 143 shares, NCB Financial added $1.01 with an exchange of 58,763 shares to close at $205, PanJam Investment closed $2 higher at $102, after trading 5,142 shares, Proven Investments gained 50 cents to close at $40.50 with 4,804 shares changing hands. Pulse Investments lost 48 cents to settle at $4.50, after trading 67,479 shares. Scotia Group closed $4 higher at $60, in swapping 431,386 shares, Seprod gained $2.40 and ending at $53 after trading 11,114 shares and Sygnus Credit Investments closed 86 cents down to $22.38 with 20,021 shares changing hands.
Trading in the US dollar market ended with 61,969 units valued at $15,558 and the market index lost 0.01 point to end at 196.73. Proven Investments traded 46,469 units to close at 27 US cents from 26.98 cents on Thursday, Sygnus Credit Investments ended the day’s trade at 14 US cents after exchanging 14,500 shares and JMMB Group 6% preference shares closed at 99 US cents in swapping 1,000 shares.
JSE majors steady on low volume
The Jamaica Stock Exchange main market inched higher on higher volume but lower value than on Wednesday with the market appearing to find support at current levels after falling more than 6 percent from the peak in the first week in August.
At the close the JSE All Jamaican Composite Index added just 104.29 points to close at 548,200.49, the JSE Index gained 189.56 points to 499,194.62 and the JSE Financial Index rose 0.15 points to 135.75.
Trading ended with 39 securities changing hands in the main and US dollar markets with 12 stocks advancing, 15 declining and 12 trading firm. Main market activity ended with 38 securities trading, resulting in 22,536,647 units valued at a mere $48,207,025, in contrast to 13,077,566 units valued at $68,716,819 from 37 securities trading on Wednesday.
Wigton Windfarm led trading with 10.6 million units for 47 percent of total volume, followed by Sagicor Select Funds with 10.2 million shares for 45 percent of the market’s trade and QWI Investments with 656,908 accounting for 3 percent of the day’s trade.
The market closed with an average of 593,070 units valued at $1,268,606 for each security traded, in contrast to 353,448 units for an average of $1,857,211 on Wednesday. The average volume and value for the month to date amounts to 924,365 shares at a value of $15,990,179 for each security traded and previously 951,792 shares at $17,309,566 for each stock traded. The market closed September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer reading shows 5 securities ended with bids higher than their last selling prices and 2 with lower offers. The PE ratio of the market ended at 16.6 with the main market ending at 17.3 times 2019 current year’s earnings.
In main market activity, Eppley rose 75 cents to close at $16.85 with a mere 220 shares changing hands, Grace Kennedy added $2.80 to close at $69.60 trading 8,315 shares, Jamaica Producers lost 67 cents with 5,209 shares changing hands in closing at $24.70, JMMB Group gained $1.89 to end at $42.99 in swapping 40,735 shares. 
Kingston Wharves dropped 99 cents to settle at $60 in trading 2,756 shares, Mayberry Investments lost 37 cents to close at $8.33 with 12,292 shares changing hands, Mayberry Jamaican Equities closed 35 cents lower at $10.80 with 7,244 shares crossing the exchange. MPC Caribbean Clean Energy traded just 100 shares, in gaining $36.94 to close at a record high of $190, NCB Financial advanced $3.93 with an exchange of 14,302 shares to close at $203.99, PanJam Investment declined by $1 and closed at $100 after trading 3,608 shares, Sagicor Group added 50 cents, after 35,923 shares changed hands to settle at $67.50.Scotia Group closed $3.50 lower at $56, after swapping 27,482 shares, Seprod lost 40 cents to settle at $50.60 trading 14,505 shares and Stanley Motta closed 40 cents lower to $5.60 with 126,539 shares changing hands.
Trading in the US dollar market ended with Proven Investments being the sole stock trading 9,717 units valued at $2,622 to close at 26.98 US cents with the market index gaining 0.08 points to 196.74.
