Stocks gave back some of the gains of the last two trading days, with the Jamaica Stock Exchange Main Market index slipping just over 600 points at the close of trading on Tuesday after stocks rising and declining were equal as 53 percent fewer shares were exchanged than on Monday.
The All Jamaican Composite Index fell 686.84 points to 429,363.77, the Main Index lost 618.66 points to 391,508.19 and the JSE Financial Index rose 0.43 points to 100.29.
At the one PM close, 45 securities traded, similar to Monday, with 18 rising, 18 declining and nine remaining unchanged. The PE Ratio closed with an average of 16.6 based on ICInsider’s forecast of 2020-21 earnings.
Traders exchanged 9,841,467 shares for $95,818,004 versus 21,102,556 units at $91,864,402 on Monday. Wigton Windfarm led trading with 18.5 percent of total volume, after 1.83 million shares traded followed by Transjamaican Highway with 11.5 percent for 1.14 million units and Sagicor Select Manufacturing & Distribution Fund with 11.2 percent of the day’s trade for 1.11 million units.
Trading averaged 218,699 units at $2,129,289, compared to 468,946 shares at $2,041,431 on Monday. The month to date averaged 413,643 units at $2,752,324, close to the average of 431,223 units at $2,808,510 on Monday. Trading in January closed with an average of 311,275 units at $1,432,133.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments lost 39 cents to close at $81.51 after exchanging 7,208 units, Ciboney Group gained 26 cents to settle at a multi-year high of 90 cents, in a transfer of 905,384 stock units, Eppley shed 67 cents to finish at $22.98, with 4,989 units changing hands. Grace Kennedy fell by $1 to $79, with the swapping of 818,124 shares, JMMB Group rose 29 cents in closing at $33.29 trading 79,843 units, Kingston Wharves declined by $2 to $45 crossing the market with 23,796 stocks. Mayberry Jamaican Equities lost 40 cents to end at $6.60, in exchanging 47,905 shares, MPC Caribbean Clean Energy shed $2 to close at $135.01, after the swapping of 461 stock units, NCB Financial Group closed 80 cents higher at $139.50, with 26,697 stocks changing hands. 138 Student Living gained 40 cents in ending at $5.40 trading 514,395 stocks, PanJam Investment dropped $2.89 to $65.01 after an exchanging of 601 stock units.
Proven Investments slipped $1.48 to $36.50 trading 1,513 units, Radio Jamaica gained 6 cents to close at $1.56 with the swapping of 554,673 shares, after traded as high as $1.80 during the morning session. Sagicor Group rose 70 cents to $51.70, with 18,406 stocks clearing the market. Scotia Group finished 97 cents lower at $42, after 18,751 shares crossing the market and Seprod gained $1 to end at $67, in an exchange of 14,613 units.
In the preference segment, Eppley 8.25% rose $1.25 in closing at $7.35 exchanging 100 units and JMMB Group 7.25% gained 41 cents to end at $1.61 trading 11,242 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The two main market indices are now down less than a percent for the year to date, as the All Jamaican Composite Index gained 2,037.03 points to end at 430,050.61, the Main Index rose 1,848.31 points to 392,126.85 and the JSE Financial Index added 0.50 points to settle at 99.86.
Trading for the day averaged 468,946 units at $2,041,431, compared to 333,659 shares at $5,013,961 on Friday. The month to date averages 431,223 units at $2,808,510 for each security, in contrast to 427,484 units at $2,884,542 on Friday. Trading in January averaged 311,275 units at $1,432,133.
Scotia Group gained 47 cents to end at $42.97, with 52,903 shares changing hands, Seprod dropped $4 to close at $66 with 18,360 stock units changing hands, Supreme Ventures gained 50 cents to end $16, after 38,681 stocks crossed the market. Sygnus Credit Investments shed $1.25 to $14.50, in exchanging 383,772 stock units and Victoria Mutual Investments lost 28 cents to settle at $5.51 and to transfer 139,505 shares.
At the close, the All Jamaican Composite Index climbed 4,748.93 points to 428,013.58, the Main Index advanced by 4,304.89 points to 390,278.54 and the JSE Financial Index gained 0.88 points to close at 99.36.
Investor’s Choice bid-offer indicator reading has 11 stocks ending with bids higher than their last selling prices and two with lower offers.
Stanley Motta gained 45 cents to settle at $5.35 exchanging 945,893 stocks, Supreme Ventures slipped 50 cents to end at $15.50, in switching owners for 96,790 stock units, Sygnus Credit Investments gained 55 cents to finish at $15.75 trading 55,266 shares. Victoria Mutual Investments rose 28 cents to $5.79, with 113,332 units changing hands and Wisynco Group gained 36 cents in ending at $16.35, trading 108,260 stock units.
At the close, the All Jamaican Composite Index declined by 2,490.53 points to 423,264.65, the Main Index shed 2,253.82 points to 385,973.65 and the JSE Financial Index gained 0.19 points to settle at 98.48.
Trading for the day averaged 335,050 units at $2,547,549, down from 911,229 shares at $5,003,803 on Wednesday. The month to date averaged 437,301 units at $2,661,756, in contrast to 449,559 units at $2,675,448 on Wednesday. Trading in January averaged 311,275 units at $1,432,133.
Salada Foods rose 90 cents to end at $40.90 with 4,399 stock units changing hands, Scotia Group fell $1.50 to $42.50 after exchanging 147,223 stocks, Seprod declined by $1.01 to $65.01 trading 16,487 stocks. Supreme Ventures slid $1.10 to $16, in transferring 113,376 stock units and Victoria Mutual Investments lost 28 cents to close at $5.51 after crossing the market with 6,600 shares.
Trading for the day averaged 911,229 units at $5,003,803, compared to 379,495 shares at $1,819,819 on Tuesday. The month to date averaged 449,559 units at $2,675,448, in contrast to 380,091 units at $2,325,100 on the prior trading day. Trading in January averaged 311,275 units at $1,432,133.
QWI Investments gained 10 cents in closing at a 52 weeks’ high of $1.20 in an exchange of 2,464,374 units, Sagicor Group gained $1.25 to close at $50.25 exchanging 5,218 stocks, Salada Foods declined by $3.90 to settle at $40 trading 118,884 shares and Seprod lost $2.20 and closed at $66.02, after exchanging 18,328 stocks.
The All Jamaican Composite Index plunged 6,111.53 points to close at 422,532.67, the Main Index dived 5,742.57 points to 385,325.02, and the JSE Financial Index shed 1.79 points to settle at 98.30.
Investor’s Choice bid-offer indicator shows twelve stocks ending with bids higher than their last selling prices and five with lower offers.
Sagicor Group fell by $1 to $49 trading 18,525 stock units, Sagicor Real Estate Fund shed 29 cents to close at $8, with the swapping of 7,685 shares. Salada Foods slipped 34 cents to $43.90, in trading 27,112 stocks, Seprod slid $1.78 to $68.22, with 30,235 stock units changing hands, Stanley Motta settled at $4.95, with a loss of 40 cents trading 24,000 stock units. Supreme Ventures gained 25 cents in closing at $17, after the transfer of 56,294 units and Victoria Mutual Investments fell 5 cents to close at $5.75 trading 20,428 shares.
At the close, the All Jamaican Composite Index rose 399.84 points to 428,644.20, the Main Index advanced by 590.88 points to 391,067.59 and the JSE Financial Index gained 0.10 points to settle at 100.09.
Trading averaged 303,809 units at $1,964,503, compared to 198,902 shares at $2,111,859 on Friday. Month to date averages 380,187 units at $2,405,945, in contrast to 396,747 units at $2,501,656 on the prior trading day. Trading in January averaged 311,275 units at $1,432,133.
Sagicor Group fell by $2 to $50, with 14,927 shares crossing the market, Salada Foods dropped $5.66 to $44.24, with an exchange of 20,124 units. Scotia Group rose $1 to $44, with the swapping of 7,875 shares, Seprod shed $1.51 to end at $70, after exchanging 6,708 shares, Supreme Ventures slid 65 cents to $16.75, with 44,266 stock units crossing the market
Trading for the day averaged 198,902 units at $2,111,858, compared to 282,397 shares at $1,403,688 on Thursday. The month to date averaged 396,747 units at $2,501,656, in contrast to 445,935 units at $2,598,567 on the prior trading day. Trading in January closed with an average of 311,275 units at $1,432,133.
Salada Foods advanced by $3.90 in closing at $49.90, with 28,895 units changing hands, Seprod rose 51 cents to $71.51 trading 20,987 stock units, Supreme Ventures gained 50 cents to end at $17.40, with 4,427 units crossing the market and Sygnus Credit Investments picked up 34 cents to settle at $15.09, in an exchange of 77,107 shares.
Trading for the day averaged 282,397 units at $1,403,688, compared to 209,173 shares at $1,532,486 on Wednesday. The month to date averaged 445,935 units at $2,598,567, down from 498,459 units at $2,982,324 on Wednesday. Trading in January closed with an average of 311,275 units at $1,432,133.
Salada Foods closed at a 52 weeks’ high of $46, with a gain of $3.25 in exchanging 23,970 stocks, Scotia Group shed 70 cents in closing at $43, with 23,045 shares crossing the market, Seprod dropped $2.50 to finish at $71, with an exchange of 11,519 stock units. Sygnus Credit Investments shed 77 cents to close at $14.75, in switching ownership of 217,838 shares and Victoria Mutual Investments gained 40 cents to close at $5.85, after transferring 2,355 stock units.
The month to date averaged 498,459 units at $2,982,324 or each security, in contrast to 649,530 units at $3,739,461 on the prior trading day. Trading in January averaged 311,275 units at $1,432, 133.
Pan Jam Investment fell by $1 to $64, in switching ownership of 821 units, Pulse Investments lost 28 cents at $4.70, with an exchange of 1,857,207 stock units, Sagicor Group declined by $3 to $49, with 61,577 shares crossing the market. Sagicor Real Estate Fund gained 25 cents to close at $8.25, with a transfer of 3,826 stocks. Salada Foods advanced by $5.75 to end at a 52 weeks’ high of $42.75, in switching ownership of 17,465 units. Seprod climbed $2.98 to $73.50, with an exchange of 9,932 units, Stanley Motta gained 29 cents to end at $5.35 trading 1,000 shares and Wisynco Group rose 30 cents to $16.55, with the swapping of 521,881 shares.