Sygnus Credit — Page 78

JSE Main Market rises again

December 30, 2020 by IC Insider.com

The Jamaica Stock Exchange Main Market ended trading on Wednesday with the market rising after rising stocks outnumbered declining ones by a big margin after the trading volume was just marginally lower than on Tuesday.

JSE Index heading higher into the new year.

The All Jamaican Composite Index rose 1,936.76 points to close at 431,268.53, the Main Index rose 1,848.12 points to 393,601.24 and the JSE Financial Index shed 0.10 points to end at 102.25.
Trading closed with 47 securities compared to 45 on Tuesday and ended with prices of 26 stocks rising, 15 declining and six remaining unchanged. The PE Ratio averages 17.3 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 28,868,187 shares for $558,644,139 compared to 29,337,011 units at $299,861,101 on Tuesday. Transjamaican Highway led trading with 29.9 percent of total volume after 8.62 million shares were traded, followed by Eppley Caribbean Property Fund with 26.1 percent after 7.53 million units changing hands. Wigton Windfarm controlled 9.3 percent market share with 2.67 million shares, Community & Workers Credit Union 8.7 percent with 2.52 million units, Wisynco Group 4.3 percent with 1.23 million units, Carreras controlled 4.1 percent of total volume with 1.2 million units and Sagicor Group with 1.09 million units for 3.8 percent market share.

Trading for the day averaged 614,217 units at $11,886,046 for each security, compared to an average of 651,934 shares at $6,663,580 on Tuesday. Trading month to date averages 435,836 units at $7,056,56, in contrast to 426,447 units at $6,802,380 on Wednesday. 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, Barita Investments fell 30 cents to end at $86.70 in an exchange of 563,202 shares, Caribbean Cement gained $2 to end at $62 while trading 68,927 units, Carreras advanced 31 cents to $7.30, with 1,195,301 units changing hands. Eppley gained $1.50 in closing at $28, with 5,399 stocks changing hands, Eppley Caribbean Property Fund increased $2.34 to $49.34 with the swapping of 7,532,916 units, Grace Kennedy climbed $2.44 to $63.44 in an exchange of 122,778 shares. JMMB Group advanced $2.22 to $33.97 in trading 41,143 stocks, Key Insurance shed 69 cents to close at $5.90 in switching 183,834 stock units, Kingston Wharves carved out a gain of $2.33 in closing at $46.85 trading 216 shares. Margaritaville dived $13.23 to $43 in an exchange of 855 units, Mayberry Investments lost 31 cents to close at $5.77 trading 132,619 stock units, MPC Caribbean Clean Energy climbed $22.99 to $158 in an exchange of 729 units. NCB Financial gained $3 to close at $145 with an exchange of 34,603 stock units, Radio Jamaica climbed 33 cents to $1.68 in exchanging 766,452 shares, Sagicor Group climbed 60 cents to $51 while trading 1,086,033 stock units. Scotia Group increased $1.44 in closing at $44.95 with 6,540 shares changing hands, Seprod declined by $1.50 to $65 after exchanging 38,172 units and Stanley Motta climbed 60 cents to $5.50 in transferring ownership of 275,734 stocks.
In the preference segment, Productive Business Solutions 9.75% Preference share gained $8 in closing at a 52 weeks’ high of $110 in trading 10 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market slips on Tuesday

December 29, 2020 by IC Insider.com

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.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

3rd day of gains for JSE Main market

December 28, 2020 by IC Insider.com

Stocks recorded gains for a third day on the Jamaica Stock Exchange Main Market at the end of trading on Monday, with the market rising after an exchange of 170 percent more shares than on Thursday.
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 ended with 47 securities changing hands compared to 44 on Thursday with prices of 18 stocks rising, 13 declining and 16 remaining unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 50,531,916 shares for $293,507,250 compared to 18,744,767 units at $218,336,612 on Thursday. Wigton Windfarm led trading in accounting for 57.7 percent of total volume with 29.16 million shares, followed by Sagicor Real Estate Fund with 23.8 percent after trading 12.01 million units. Transjamaican Highway controlled 5.8 percent of the day’s volume, with 2.95 million units, Grace Kennedy 2.4 percent with 1.19 million units and Scotia Group with 2.3 percent market share after an exchange of 1.15 million shares.
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.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Caribbean Cement gained $1.55 in closing at $61.55 in an exchange of 4,053 shares, Eppley shed $2.95 to $25.05 in an exchange of 9,999 stock units, First Rock Capital carved out a loss of 30 cents to settle at $12.55 in exchanging 5,600 units. Grace Kennedy lost $1.11 to settle at $61 after 1,192,625 shares crossed the market, Jamaica Broilers advanced 90 cents to $29.90 with investors swapping 5,845 stock units, Jamaica Producers rose 50 cents to $21 after trading 5,723 shares. 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.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Santa left presents at the JSE main market

December 24, 2020 by IC Insider.com

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Gifts were left at the Jamaica Stock Exchange Main Market on Thursday but they did not satisfy all, but the market closed after rising stocks were just squeezed out by those declining after an exchange of 24 percent fewer shares at 55 percent increased value changed hands than on Wednesday.
At the close, the All Jamaican Composite Index surged 5,262.81 points to 429,480.69, the Main Index jumped 4,683.95 points to end at 391,901.83 and the JSE Financial Index increased 1.53 points to settle at 102.17.
Trading ended with 44 securities changing hands compared to 48 on Wednesday and ended with prices of 15 stocks rising, 17 declining and 12 remaining unchanged. The PE Ratio closed at an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 18,744,767 shares trading at $218,336,612 compared to 24,549,135 units at $140,421,055 on Wednesday. Sagicor Real Estate Fund led trading with 32 percent of the volume, with 6.01 million shares, followed by Transjamaican Highway with 22.6 percent after 4.24 million units traded, Wigton Windfarm accounted for 14.5 percent, with 2.71 million shares and Scotia Group controlled 5.9 percent of stocks traded with 1.11 million units changing hands.
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.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Barita Investments declined 39 cents to $83.58 after 18,659 shares crossed the market, Caribbean Cement lost $2 to end at $60 after exchanging 3,124 stocks, Carreras gained 35 cents to end at $7.35 after trading 267,663 shares. Eppley gained $3 to end at $28 in swapping 13,039 stocks, Eppley Caribbean Property Fund rose by 49 cents to $44.99 in trading 890 stock units, Grace Kennedy lost $8.41 to close at $62.11, with 969,427 stock units changing hands. Jamaica Producers lost 50 cents to end at $20.50 after exchanging 73,566 shares, JMMB Group climbed $1.01 in closing at $34 and trading 174,744 units, MPC Caribbean Clean Energy carved out a loss of $10 to end at $135 with an exchange of 150 stocks. 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.
In the preference segment, Eppley 7.5% preference share lost $1 in ending at $6 with an exchange of 3,000 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main Market pre-Christmas rally

December 23, 2020 by IC Insider.com

Trading on Wednesday, resulting in an almost even split between rising and declining stocks on the Jamaica Stock Exchange Main Market after the volume of shares exchanged was marginally lower than on Tuesday.
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 ended with 48 securities changing hands compared to 46 on Tuesday and ended with prices of 20 stocks rising, 21 declining and seven ending unchanged. The PE Ratio closed with an average of 16.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market saw trading of 24,549,135 shares for $140,421,055 down from 24,954,720 units at $310,333,709 on Tuesday. Wigton Windfarm led trading with 44.7 percent of total volume after trading 10.98 million shares, followed by Sagicor Real Estate Fund with 25.5 percent for 6.27 million units, Transjamaican Highway 8.7 percent market share with 2.14 million units, QWI Investments 5.6 percent with 1.4 million units and Sagicor Select Financial Fund 4.7 percent market share with 1.15 million units.
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.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments carved out a gain of 57 cents to close at $83.97, with an exchange of 53,075 shares, Berger Paints lost 55 cents in ending at $14, with 2,926 stock units crossing the market, Caribbean Cement climbed $5 to $62 with 19,192 units clearing the market. Carreras gained 41 cents to close at $7, trading 615,139 stocks, with the bid at $7.10, to purchase 256,243 shares at the close, Eppley fell $3.90 to end at $25 in exchanging 11,000 shares. Grace Kennedy jumped $7.52 to close at $70.52 with 175,952 shares crossing the exchange, but 175,952 units of the stock were offered for sale at $63.85 at the close. Jamaica Broilers rose $2.74 to $28.99 in switching ownership of 37,777 shares, Jamaica Stock Exchange gained 40 cents to close at $19.80, with 1,758 stock units changing hands. 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.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main market drops

December 22, 2020 by IC Insider.com

Stocks lost ground at the close of trading on the Jamaica Stock Exchange Main Market on Tuesday with declining stocks just edging out those that gained after 44 percent more shares were exchanged with an 80 percent lower value than on Monday.
At the close, the All Jamaican Composite Index lost 5,193.89 points to settle at 422,336.69, the Main Index declined by 4,647.93 points to settle at 385,515.54 and the JSE Financial Index shed 1.90 points to settle at 100.20.
Trading ended for a third consecutive day with 46 securities changing hands, ending with the prices of 19 stocks rising, 20 declining and seven remaining unchanged. The PE Ratio at the close of trading averaged 16.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 24,954,720 shares for $310,333,709 compared to 17,323,616 units at $1,538,352,731 on Monday.
Pulse Investments led trading with 25 percent of total volume after trading 6.23 million shares, followed by Transjamaican Highway 17.4 percent with 4.33 million units, Sagicor Group 16.1 percent market share with 4.02 million units, Wigton Windfarm 12.4 percent with 3.1 million units, QWI Investments 10.2 percent with 2.56 million units and Jamaica Broilers Group with 1.54 million units for 6.2 percent market share.
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.
Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close of trading, Barita Investments lost 30 cents to end at $83.40 trading 15,654 shares, Berger Paints advanced 55 cents to end at $14.55 in exchanging 1,856 stock units, Eppley climbed $3.90 to close at $28.90 after trading 3,515 stock units. Eppley Caribbean Property Fund rose $1.50 to $44.50 with an exchange of 112,205 shares, Grace Kennedy increased $2 to $63 after exchanging 111,501 stocks, Jamaica Broilers lost $2.22 to end at $26.25 after exchanging 1,537,465 stock units. Jamaica Producers advanced $1.57 to $21.20 in an exchange of 50,501 shares, JMMB Group climbed 93 cents to $33, with 68,233 stocks changing hands, Key Insurance carved out a loss of 53 cents in ending at $6.57 in an exchange of 106,968 stock units. 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.
In the preference segment, 138 Student Living Preference share dropped $2.23 to settle at $4.65 with an exchange of 8 stock units and Eppley 8.75% preference share climbed $1.52 to settle at $7.52 after crossing the market with 2,800 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

NCB corners 94% traded value

December 21, 2020 by IC Insider.com

NCB Financial had another day of a big trade and dominated activity on Monday, with more than half of the volume traded accounting for 94 percent of the overall value traded on the Jamaica Stock Exchange Main Market on Monday.

NCB Financial Group cornered the largest portion of JSE trading on Monday.

At the close of trading, the All Jamaican Composite Index rose 2,558.91 points to settle at 427,530.58, the JSE Main Index gained 2,168.39 points to settle at 390,163.47 and the JSE Financial Index gained 1.31 points to settle at 102.10.
For the second consecutive trading day 46 securities changed hands with prices of 13 stocks rising, 20 declining and 13 unchanged. The PE Ratio closed with an average of 16.4 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with 17,323,616 shares trading for $1,538,352,731 compared to 37,661,093 units at $245,318,135 on Friday.
NCB Financial Group led trading with 57.6 percent of total volume after exchanging 9.98 million shares, followed by Transjamaican Highway with 15.3 percent after 2.65 million units traded and Sagicor Select Financial Fund with 4.3 percent market share, with 736,342 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.
Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the market’s close, Barita Investments fell 80 cents to $83.70 trading 387,659 shares, Caribbean Cement climbed 39 cents to $56.98 in exchanging 3,127 units, Eppley lost $1 to close at $25 with investors swapping 3,425 stocks. Eppley Caribbean Property Fund dropped $2 in closing at $43 after trading 1,200 stock units, Grace Kennedy lost $2 in ending at $61 in an exchange of 529,336 shares, Jamaica Producers lost $1.37 in closing at $19.63, with 24,506 stocks crossing the market. JMMB Group fell $2.93 to $32.07 with investors swapping 18,419 shares, Key Insurance lost 89 cents to close at $7.10 in an exchange of 133,506 stocks, Kingston Properties shed $1.04 to end at $6.21 in an exchange of 1,417 shares. 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.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE Main market slips

December 18, 2020 by IC Insider.com

Nearly twice the number of stocks rose on Friday to those declining at the end of trading on the Jamaica Stock Exchange Main Market, with the shares exchanged rising 184 percent above Thursday trades but at just 27 percent of the value.
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.
At the close, the All Jamaican Composite Index fell by 779.17 points to 424,971.67, the Main Index shed 658.11 points to 387,995.08 and the JSE Financial Index lost 0.43 points to end at 100.79.
Investors exchanged 37,661,093 shares for $245,318,135 compared to 13,243,734 units at $907,847,284 on Thursday. Wigton Windfarm led trading with 35.6 percent of total volume, after an exchange of 13.41 million shares, followed by Transjamaican Highway with 35.3 percent for 13.30 million, Mayberry Jamaican Equities with 10.6 percent for 4.0 million units. 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.
Trading for the day averaged 818,719 units at $5,333,003 compared to an average of 294,305 shares at $20,174,384 on Thursday. Month to date average 349,070 units at $5,305,856 for each security, in contrast to 311,235 units at $5,303,669. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading had six stocks ending with bids higher than their last selling prices and six with lower offers.
At the close of the market, Caribbean Cement shed 40 cents in closing at $56.59, with 2,947 shares crossing the exchange, Eppley fell by $2.90 to $26, after investors switched ownership of 10,000 units, Grace Kennedy closed at $63, with gains of $1.80 and 24,887 stock units passing through the market. Jamaica Producers advanced by $1.15 to $21 after trading 5,690 units, JMMB Group climbed $3 to $35, in exchanging 711,242 shares, Key Insurance gained 64 cents to close at $7.99, with the trading of 16,415 units. Kingston Wharves fell by $1.15 to $46 after exchanging 29,634 stock units, Mayberry Investments ended 50 cents higher at $6.50, with investors swapping 1,000 shares, MPC Caribbean Clean Energy declined by $1 to $159, with a transfer of 10 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.
In the preference segment, Eppley 8.75% preference share declined by $1.52 to $6 and cleared the market with 22,100 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: Barita Investments, Berger Paints, Caribbean Cement, Carreras, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Slippage for JSE Main Market

December 17, 2020 by IC Insider.com

Trading for the week continued to seesaw with the Jamaica Stock Exchange Main Market declining marginally on Thursday following Wednesday’s four-digit index fall with more stocks declining than rising after an exchange of 29 percent fewer shares than on Wednesday with 200 percent increased value.
At the close, the All Jamaican Composite Index shed 469.19 points to 425,750.84, the Main Index lost 370.18 points to 388,653.19 and the JSE Financial Index slipped 0.12 points to settle at 101.22.
Similar to trading Wednesday the market close with 45 securities changing hands with prices of 14 stocks rising, 23 declining and eight remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 13,243,734 shares for $907,847,284 compared to 18,734,982 units at $302,910,320 on Wednesday. NCB Financial led trading with 45.5 percent of total volume, after exchanging 6.02 million shares followed by Wisynco Group with 8.4 percent for 1.11 million units and QWI Investments with 7.1 percent for 940,061 stock units.
Trading for the day averaged 294,305 units at $20,174,384 for each security, compared to an average of 416,333 shares at $6,731,340 on Wednesday. Month to date averaged 311,235 units at $5,303,669 for each security, in contrast to 312,683 units at $4,031,460 on Wednesday. November averaged 623,120 units at $6,686,047.
Investor’s Choice bid-offer indicator reading had six stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments loss 40 cents and ended at $84.50, with an exchange of 3,104 shares, Berger Paints rose $1 to end at $14, with 8,835 stock units passing through the market. Eppley advanced by $3.90 to a record high of $28.90, in trading 2,218 units, Eppley Caribbean Property Fund gained 69 cents to settle at $44.99, after 6,650 stock units crossed the market, Grace Kennedy dropped $3.80 in closing at $61.20, with 79,901 shares changing hands. Jamaica Producers fell $1.65 to $19.85, after exchanging 6,300 stock units, Jamaica Stock Exchange closed at $19.45, with gains of 69 cents, with 7,557 units passing through the market, JMMB Group fell $1 to $32 after an exchange of 126,949 shares. Key Insurance ended $1.05 lower at $7.35, with an exchange of 147,940 shares, Mayberry Investments lost 52 cents to close at $6, with 19,300 stock units passing through the market, MPC Caribbean Clean Energy declined by $5 to $160 after investors switched ownership of 30 units. NCB Financial climbed $1.86 to $142 in exchange 6,022,238 shares, 138 Student Living shed 41 cents to settle at $4.34, in an exchange of 348 units, Pan Jam Investment lost 50 cents in closing at $65.50 trading 7,986 units, Sagicor Group rose $1.25 to $49.50, with investors swapping 12,622 stock units. Salada Foods advanced by $2.98 to $29, in an exchange of 1,000 units, Scotia Group dropped $1 to close at $44, after the transferring of 30,250 shares, Seprod lost 55 cents in closing at $66.45, with 1,813 units changing hands and Wisynco Group slipped 98 cents to close at $15.50, with 1,114,154 shares passing through the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, Eppley Caribbean Property Fund, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Rising volume falling prices

December 16, 2020 by IC Insider.com

Market activity resulted in more stocks declining than rising at the end of trading on the Jamaica Stock Exchange Main Market on Wednesday after an exchange of 149 percent more shares than on Tuesday and the value surging by 196 percent.
At the close, the All Jamaican Composite Index dropped 2,513.76 points to 426,220.03, the Main Index lost 2,243.25 points to settle at 389,023.37 and the JSE Financial Index lost 0.58 points to close at 101.34.
Trading ended with 45 securities changing hands compared to 43 on Tuesday and closed with the prices of 14 stocks rising, 16 declining and 15 remaining unchanged. The average PE Ratio ended at 16.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 18,734,982 shares for $302,910,320 compared to 7,525,461 units at $102,351,143 on Tuesday. Mayberry Jamaican Equities led trading with 53.4 percent of total volume, after an exchange of 10 million shares followed by Grace Kennedy with 16.7 percent for 3.14 million units, Transjamaican Highway with 5.6 percent for 1.05 million units and QWI Investments with 5.6 percent for 1.05 million units changing hands.
Trading for the day averaged 416,333 units at $6,731,340 for each security, compared to an average of 175,011 shares at $2,380,259 on Tuesday. Month to date averaged 312,683 units at $4,031,460 for each security, in contrast to 302,986 units at $3,778,872 to Tuesday. November averaged 623,120 units at $6,686,047.
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 of the market, Grace Kennedy advanced by $2 to $65, with 3,135,643 shares changing hands, Jamaica Broilers gained 49 cents to end at $28.49 after exchanging 14,383 stock units, Jamaica Stock Exchange fell by $1.23 to $18.76, in trading 24,100 units. JMMB Group closed at $33, with a loss of $1.50 in exchanging 13,511 shares, Kingston Properties rose 40 cents to $7.25, after crossing the exchange with a mere 27 units, NCB Financial dropped $4.85 to $140.14, with investors switching ownership of 19,286 stocks. Pan Jam Investment settled at $66, after losing $1.99 after transferring 1,056 units, Seprod closed $1 higher at $67, with 4,452 stock units changing hands and Sygnus Credit Investments rose 38 cents to $16.58 trading 133,911 shares.