The volume of shares trading climbed sharply by 66 percent, but the value fell 55 percent below Wednesday outturn as the market closed on Thursday, with the main indices adding to the previous day’s gains at the close of the Jamaica Stock Exchange Main Market.
At the close, the All Jamaican Composite Index added 1,435.41 points to 456,996.38, the JSE Main Index rose 944.89 points to end at 419,409.14 and the JSE Financial Index lost 0.07 points to 103.17.
Trading ended with 52 securities compared to 54 on Wednesday, with 22 stocks rising, 21 declining and nine remaining unchanged and three stocks traded at 52 weeks’ highs. The PE Ratio, a measure that determines an appropriate value for a stock, averages 16.3 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 12,497,532 shares trading for $46,668,151 versus 7,532,755 units at $103,655,179 on Wednesday. Radio Jamaica led trading with 34 percent of total volume for 4.24 million shares, followed by Wigton Windfarm 23.1 percent, with 2.88 million units and Sagicor Select Financial Fund 18.8 percent, with 2.35 million units changing hands.
Trading averaged 240,337 units at $897,464, compared to 139,495 shares at $1,919,540 on Wednesday. Trading month to date, averages 342,188 units at $19,740,077, in contrast to 349,306 units at $21,057,034 on Wednesday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints popped $1.10 to $15 in switching ownership of 2,136 shares, Caribbean Cement shed 55 cents to $92.20 in trading 4,219 stock units, Eppley declined $3.93 to $39.70 after transferring 506 units, First Rock Capital rallied $1.02 to $14.88 in exchanging 2,942 stocks, GraceKennedy shed $1.50 to $98 with the swapping of 58,314 shares. Guardian Holdings dropped $6 to $664 in an exchange of 1,972 units, Jamaica Broilers rose 47 cents to $36.50 with 21,594 shares crossing the market, Jamaica Producers spiked $3 to $24 with an exchange of 6,400 units. Kingston Properties shed $1.46 to $8.44 in trading 3,287 stocks, Kingston Wharves popped $1.90 to $49.50 with 2,362 stock units changing hands, PanJam Investment pushed $1 higher to $65 in switching ownership of 1,021 units, Proven Investments spiked 40 cents to finish at $34.90 in exchanging 19,317 shares.
Radio Jamaica popped 7 cents to end at a 52 weeks’ closing high of $2.12 after hitting a high of $2.35 in trading 4,244,290 stock units, Sagicor Group rose 60 cents to $55.60 with the swapping of 7,350 units, Scotia Group rallied 42 cents to $39.12 in exchanging 36,715 shares, Seprod fell $2.07 to $67.12 in transferring 5,569 units, Sterling Investments lost 20 cents to end at $2.80 in exchanging 140,000 stock units, Supreme Ventures dipped 24 cents to $18.95 in trading 94,131 shares and Victoria Mutual Investments popped 40 cents to end at $6.40 in switching ownership of 13,298 stock units.
In the preference segment, 138 Student Living preference share rose 97 cents to $7.47 in exchanging 400 stock units and JMMB Group 7.15% – due 2028 popped 75 cents to $3.35 with 9,961 stocks crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index advanced 1,662.75 points to 455,560.97, the JSE Main Index climbed 2,127.16 points to end at 418,464.25 and the JSE Financial Index rose 0.88 points to 103.24.
At the close, Barita Investments shed 59 cents to end at $83.41 with a transfer of 839,640 shares, Berger Paints spiked 90 cents to $13.90 in exchanging 20 stock units, Caribbean Cement popped $1.25 to $92.75 with 1,654 units crossing the market. Eppley Caribbean Property Fund spiked $1.85 to $43 with the swapping of 27 stocks, Grace Kennedy lost 49 cents to close at $99.50 in switching ownership of 12,187 units. Guardian Holdings surged $24 to $670 in trading 526 stocks, Kingston Properties rallied 85 cents to $9.90 in exchanging 6,700 stock units, Kingston Wharves declined $2.32 to $47.60, with 11,630 shares changing hands. Margaritaville fell 25 cents to $14.50 with 8,513 units crossing the exchange, Mayberry Investments shed 45 cents to $5.70 with the swapping of 3,760 shares, Mayberry Jamaican Equities fell 25 cents to $9.05 in switching ownership of 36,860 stocks. NCB Financial rose 99 cents to $139.99 in switching ownership of 21,567 stock units, Palace Amusement climbed $40 to $1,100 in trading 124 stocks, PanJam Investment slipped $1 to $64 after an exchange of 6,052 units. Portland JSX rose 83 cents to $8 in trading 179 stock units, Proven Investments picked up 40 cents to close at $34.50 after trading 31,665 stocks, Radio Jamaica popped 5 cents to end at a 52 weeks’ high of $2.05 while exchanging 842,024 shares.
Sagicor Group advanced $3 to $55 in switching ownership of 61,758 shares, Seprod fell 80 cents to $69.19 with 17,791 shares changing hands, Sterling Investments gained 20 cents to end at $3 with 163,311 units crossing the market and Sygnus Credit Investments lost 38 cents after ending at $14.72 in trading 20,833 units.
At the close, the All Jamaican Composite Index fell 587.12 points to 453,898.22, the JSE Main Index shed 595.66 points to end at 416,337.09 and the JSE Financial Index slipped 0.30 points to 102.36.
Trading averaged 928,081 units at $5,234,041, compared to 291,157 shares at $1,401,376 on Monday. Trading month to date averages 365,726 units at $22,554,751, in contrast to 322,738 units at $23,878,799 on Monday. June ended with an average of 249,610 units at $3,877,606.
PanJam Investment popped $3.99 to $65 after exchanging 1,110 stock units, Sagicor Group slipped $3 to $52 with the swapping of 110,420 stocks, Sagicor Select Manufacturing & Distribution Fund popped 5 cents to 90 cents, with 440,711 stock units crossing the market. Scotia Group dipped 25 cents to $38.75, with 12,993 units crossing the exchange and Victoria Mutual Investments lost 49 cents after ending at $6 with 107,913 shares changing hands.
The All Jamaican Composite Index tumbled 3,626.92 points to 454,485.34, the JSE Main Index plunged 3,138.91 points to 416,932.75 and the JSE Financial Index fell 0.63 points to 102.66.
Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and three with lower offers.
with lower offers.
Proven Investments lost 50 cents to $34.10 with an exchange of 28,310 stocks, Scotia Group fell 50 cents in closing at $39 with a transfer of 27,409 stocks, Seprod declined $1.40 to end at $70.55 in trading 2,687 units. Supreme Ventures gained 30 cents to close at $19.10 with 50,732 stocks crossing the market and Sygnus Credit Investments lost 39 cents ending at $15 with an exchange of 17,822 stock units.
Investor’s Choice bid-offer indicator reading has 16 stocks ending with bids higher than their last selling prices and two with lower offers.
Salada Foods lost 20 cents in closing at $8 with an exchange of 71,674 stocks, Seprod rallied $2.26 to $71.95 with the swapping of 4,860 shares, Supreme Ventures lost 45 cents to close at $18.80 in trading 21,036 stocks and Sygnus Credit Investments popped 68 cents to $15.39 in switching ownership of 63,061 units.
At the close, Barita Investments rallied $1.18 to $84 with a transfer of 6,045 shares, Caribbean Cement popped 85 cents to $92 in trading 132,354 stock units, Caribbean Producers gained 21 cents to end at a 52 weeks’ closing high of $5.19 with 259,401 shares changing hands, after hitting a 52 weeks’ intraday high of $6. Carreras lost 23 cents to close at $9.07 with an exchange of 402,107 stocks, Eppley shed 27 cents to settle at $43.63 in switching ownership of 2 units. First Rock Capital declined $1 to $14.50 with the swapping of 30,573 stocks, Grace Kennedy rose 73 cents to $99.01 after 16,832 shares crossed the exchange. Guardian Holdings jumped $24 to $674 in trading 382 units, Jamaica Broilers popped 33 cents to $36.33 with 44,887 stock units changing hands, Jamaica Producers rose 70 cents to $22.90 with 4,060 shares crossing the market. JMMB Group rallied 50 cents to end at $38.50 after an exchange of 169,493 stock units, Kingston Properties popped $2.24 to $10.25 in trading 97 units. Kingston Wharves rallied $2 to end at $50 after 10,960 stocks crossed the market, Mayberry Investments lost 36 cents to finish at $6.15 in switching ownership of 1,300 stock units, MPC Caribbean Clean Energy dived $17.35 to $117.20 with the swapping of 360 units. 
NCB Financial rose $1 to $140 in an exchange of 29,883 stock units, Palace Amusement dropped $60 to $1,190 in transferring 133 stocks, PanJam Investment rose $1.49 to $67.50 in exchanging 3,355 shares. Sagicor Group fell $2 to $53 in clearing the market of 118,645 stock units. Salada Foods shed 55 cents to close at $8.20 in an exchange of 46,065 stocks and Seprod fell $1.31 to $69.69 after trading 13,042 shares.
Financial Fund 13.3 percent with 738,402 units and Grace Kennedy 9.2 percent with 513,821 units changing hands.
MPC Caribbean Clean Energy shed $12.45 to settle at $134.55, with 84 units clearing the market, Palace Amusement rallied $60 to $1,250 with 7 stocks changing hands, Pan Jam Investment shed $1.49 to $66.01, with 11,233 stock units crossing the exchange. Proven Investments rose 45 cents to $34.60 in switching ownership of 4,506 stocks, Sagicor Group fell $2.94 to $55 in exchanging 23,431 stock units, Seprod fell $1 to $71 in transferring 14,512 stocks, Sygnus Credit Investments rose 20 cents to $14.80 in trading 33,382 shares and Wisynco Group spiked 40 cents to $15.90 with the swapping of 17,180 stocks.
Trading averaged 2,094,775 units at $283,021,143, compared to 179,332 shares at $5,433,581 on Friday. Trading month to date averages 393,158 units at $37,484,522, versus 155,610 units at $3,207,330 on Friday. June ended with an average of 249,610 units at $3,877,606.
Pan Jam Investment shed $1.50 to close at $67.50 with 27,771 stock units changing hands, Sagicor Group spiked $2.94 to $57.94 after an exchange of 10,433 units, Salada Foods rose 28 cents to $8.90 in trading 21,207 stocks, Scotia Group shed 68 cents in ending at $39.50 after transferring 24,895 shares. Stanley Motta rose 20 cents to $5.90 with the swapping of 15 stock units, Supreme Ventures gained 32 cents to end at $19.32 in trading 1,162 units and Sygnus Credit Investments fell 40 cents to $14.60 with an exchange of 262,714 shares.
Trading averaged 179,332 units at $5,433,581, compared to 177,786 shares at $4,496,230 on Thursday. Trading month to date averages 155,610 units at $3,207,330, within distance of 151,484 units at $2,820,155 on Thursday. June ended with an average of 249,610 units at $3,877,606.
Palace Amusement spiked $150 to $1,300 with the swapping of 36 stock units, Pan Jam Investment rose $1.40 to $69 in trading 2,065 units, Proven Investments lost 22 cents to $34.10 in crossing the market with 33,999 stocks. Sagicor Group shed $1 to settle at $55 in exchanging 457,729 shares, Salada Foods rallied 37 cents in closing at $8.62 in trading 47,287 stock units. Scotia Group shed 82 cents to $40.18 after exchanging 25,980 stocks, Supreme Ventures spiked 95 cents to $19 after crossing the market with 12,971 units and Wisynco Group shed 25 cents to close at $15.50 in exchanging 41,535 stock units.
