Proven Investments closed at a record high on the JSE main market.
Stocks continue to rebound on the Jamaica Stock Exchange on Monday with a four-digit rise in the market index as trading volume rose 77 percent, with 39 securities traded with 15 advancing, 12 declining and 12 trading firm in the US dollar and main markets.
After falling moderately on Friday the market made strong gains on Monday as the JSE All Jamaican Composite Index climbed 2,578.73 points to close at 545,658.25, the JSE Index advanced 2,362.71 points to 496,939.21 and the JSE Financial Index gained 0.50 points to close at 134.91.
Main market activity, closed with 38 securities trading, leading to 19,703,423 units valued at $146,119,200 crossing the exchange, in contrast to 11,107,535 units valued at $113,371,137 on Friday also with 38 securities trading.
Sagicor Select Funds dominated trading with 12.7 million shares for 64 percent of total volume, followed by Wisynco Group with 2.5 million units accounting for 13 percent of the day’s trade following the release of a 53 percent rise in September quarter profit and Wigton Windfarm with 2.24 million shares for 11 percent of the market’s trade. Also trading more than 1 million shares was QWI Investments with 1.1 million units. Proven Investments closed at a 52 weeks’ high while MPC Clean Energy hit a record high of $275 but close back at Fridays’ close of $260.
The market closed with an average of 518,511 units valued at an average of $3,845,242 for each security traded, in contrast to 292,304 units valued at an average of $2,983,451 on Friday. The average volume and value for the month to date amounts to 405,407 units valued at $3,414,347 for each security changing hands. The market closed out October with an average of 957,488 units valued at $13,947,047 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 5 with lower offers. 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 30 cents to close at $70.20 trading 63,281 shares, Berger Paints ended at $17.11, after losing 46 cents in exchanging 4,690 shares, following a release from the company that they changed general manager at the end of October. Caribbean Cement gained 50 cents to settle at $77.50, with 548,786 shares changing hands, Carreras closed 70 cents higher to $8.60, trading 6,050 shares, Eppley Caribbean Property Fund settled at $35, after gaining $1 in swapping just 100 units. Eppley climbed $1.50 to close at $16, in trading 500 shares, Jamaica Producers slid $2, ending at $22 with an exchange of 15,100 shares, Jamaica Stock Exchange gained 90 cents to close at $30, with 5,509 shares crossing the exchange. 
JMMB Group closed 70 cents lower at $42 after trading 16,521 shares, Kingston Wharves lost $1.40 to close at $60, with 1,400 shares changing hands, PanJam Investment closed at $97.50, after losing 50 cents with 140 shares traded, Portland JSX gained 50 cents, ending at $9 after swapping 200 units. Proven Investments jumped $2 in trading 621 shares to end at a 52 weeks’ high of $47, Pulse Investments lost 50 cents exchanging 52,397 shares and closed at $3.90, Seprod climbed $2.10 to $54.60 with 5,558 units traded and Wisynco Group added 50 cents, in swapping 2,511,617 shares to close at $24 following release of very positive quarterly results last week.
Trading in the US dollar market ended with 751,000 units valued US$196,441 with the market index losing 8.72 points to close at 194.07 as Proven Investments, the sole trade, lost 1 US cent to close at 26.01 US cents after slipping 1 cent.
The main market of the Jamaica Stock Exchange opened November with the major indices falling marginally as declining stocks beat out rising ones.
Sagicor Real Estate Fund closed 39 cents lower at $11.50, in swapping 44,315 stock units, Salada Foods advanced $2.70 to $32, in exchanging 26,000 units, Scotia Group climbed $3.99 and ended at $58.99, trading 603,998 shares, Seprod closed $1.50 lower to $52.50 with 2,003 units traded. 
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. 
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. 
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.
The market closed out September with an average of 1,585,081 units valued at $14,071,562 for each security traded.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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. 
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.
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.