Trans Jamaica Highway

Proven shines in US$ market

April 21, 2020 by IC Insider.com

On a day when only three securities traded on the Jamaica Stock Exchange US dollar market, trading in Trans Jamaica Highway shares cornered 67 percent of the market.

Proven Investments price rose on the JSE US market.

Proven Investments was second with volume traded accounting for a third, but dominated the cash trade, with US$300,441 of the value passing through the market compared to the former, with just US$22,057.
Market activity resulted in three securities changing hands, with the price of one stock rising, two declining and two remaining unchanged compared to five stock trading on Monday. The volume of shares traded was 3,324,487 units value at US$323,180, in contrast to 1,538,242 units with an amount of US$67,633 on Monday. At the close, the market gained 5.05 points to 204.53 and the PE ratio of the market closed with an average of 13.6 times 2020 earnings.
The stocks trading are, Proven Investments closed with the price rising 2.3 cents to end at 27.3 US cents trading 1,107,456 units, Sygnus Credit Investments closed with a gain of 1 cent to finish at 14 US cents, in trading 5,000 stock units and Trans Jamaican Highway exchanging 2,212,031 shares at 1 US cent.

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

4th day of JSE Main Market decline

April 20, 2020 by IC Insider.com

In Monday’s trading, the Jamaica Stock Exchange suffered a fourth day of decline since last week, with the previous two being moderate compared to the previous two. The prices, stocks last traded at, outnumbered those rising, by a slight margin.
At the close, the JSE All Jamaican Composite Index declined by 2,223.70 points to 423,525.55, the JSE Market Index fell by 1,987.23 points to 386,073.15 and the JSE Financial Index lost 0.49 points to 105.26.
The market closed with 48 securities changing hands in the Main and US dollar markets with prices of 19 stocks advancing, 16 declining and 13 securities trading firm. The JSE Main Market activity ended with 43 securities accounting for 32,486,595 units valued at $76,301,597, in contrast to 22,927,942 units valued at $296,270,700 from 41 securities on Friday.
QWI Investments led trading with 25.5 million shares for 78.3 percent of total volume followed Wigton Windfarm with 2.5 million units for 7.6 percent of the day’s trade and Trans Jamaican Highway with 1.6 million units for 4.8 percent of the market’s volume.
The Market closed with an average of 755,502 units valued at $1,774,456 for each security traded, in contrast to 559,218 units valued at an average of $2,187,500 on Friday. The average volume and value for the month to date amount to 966,799 units valued at $3,877,090 for each security changing hands, compared to 984,827 units valued at $4,072,790 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and three stocks closing with lower offers. The PE ratio of the market ended at 14.2, while the Main Market ended at 14.6 times 2020/21 earnings.
In the Main Market, Caribbean Cement declined $1.40 to $47.10, with an exchange of 60,519 shares, Carreras gained 69 cents to finish at $6.75, in trading 149,551 shares, Eppley climbed $2.20 to $17, with a transfer of 500 units. Eppley Caribbean Property Fund ended at $35, with gains of $1, in the swapping of 510 units, First Rock Capital picked up 32 cents transferring 13,613 stock units and closed at $11, Jamaica Stock Exchange finished at $21.01, with a loss of $1.90 after exchanging 14,001 stock units. JMMB Group rose 40 cents to close at $37.40, in trading 14,104 stock units, 138 Student Living ended at $6.70, after a losing 30 cents swapping 1,276 units, PanJam Investment rose $1.75 to $77.75, with 126,281 shares changing hands. Proven Investments added 39 cents to finish at $38.49, with a transfer of 2,300 units, Sagicor Group closed at $50, after picking up $1 trading 39,750 shares, Salada Foods gained $1 swapping only I unit at $29. Scotia Group shed 80 cents to finish at $45.01, with an exchange of 61,455 shares, Seprod rose 99 cents to $45.99 trading 5,496 units, Supreme Ventures lost 48 cents transferring 509,318 shares to end at $15. Sygnus Credit Investments closed at $17, with gains of $2 swapping 24,526 stock units and Wisynco Group climbed $2.80 to $18.80, ending with 348,655 shares changing hands.

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, 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, Productive Business Solution, 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, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

Trans Jamaica dominates US$ market

April 20, 2020 by IC Insider.com

Trading on the Jamaica Stock Exchange US dollar Market climbed over Friday’s level as investors bought nearly three and a half times the amount of Trans Jamaican Highway shares as on Friday.
Market activity resulted in five securities changing hands, with the price of one stock rising, two declining and two remaining unchanged. The volume of shares traded was 1,538,242 units value at US$67,633, in contrast to 464,489 units for US$15,549 on Friday. At the close, the market declined by 2.29 points to 199.48 and the PE ratio of the market closed with an average of 13.5 times 2020 earnings.
The stocks trading are, Proven Investments with the price ending at 25 US cents, with a loss of 1 cent in transferring 2,400 units, Sygnus Credit Investments closed at 13 US cents, in trading 18,247 stock units and Trans Jamaican Highway exchanging 1,476,595 shares at 1 US cent. In the US dollar preference section, JMMB Group 5.75% preference share swapped 5,000 units and shed 13 cents to end at US$2 and JMMB Group 6% gained 1 cent to close at US$1.11, with 36,000 shares changing hands.

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

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Proven Investments, Sygnus Credit Investments, Trading Activity, Trans Jamaica Highway

JSE main market sheds more value

April 17, 2020 by IC Insider.com

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The bears took another swipe at Jamaica Stock Exchange stocks on Friday and, in the process, cut more points off the market indices at the close on Friday and still left the recovery from the lows reached in March intact.
At the close, the JSE All Jamaican Composite Index declined by 2,030.54 points to 425,749.25, the JSE Market Index fell 1,694.44 points to 388,060.38 and the JSE Financial Index lost 0.25 points to 105.75.
The market closed with 45 securities changing hands in the Main and US dollar markets with prices of 15 stocks advancing, 19 declining and 11 securities trading firm. The JSE Main Market activity ended with 41 securities accounting for 22,927,942 units valued at $89,687,496, in contrast to 146,823,904 units valued at $296,270,700 from 44 securities on Thursday.
Trans Jamaican Highway led trading with 15.1 million shares for 66 percent of total volume followed Wigton Windfarm with 2.8 million units for just over 12 percent of the day’s trade and Sagicor Select Financial Fund with 1.4 million units for 6 percent market share.
The Market closed with an average of 559,218 units valued at an average of $2,187,500 for each security traded, in contrast to 3,336,907 units valued at an average of $6,733,425 on Thursday. The average volume and value for the month to date amount to 984,827units valued at $4,072,790 for each security changing hands, compared to 1,022,515 units valued at $4,256,393 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and five stocks closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.5 times 2020/21 earnings.
In Main Market trading, Barita Investments lost $1 to end at $55, in exchanging 15,090 shares, Berger Paints gained $1.38 to close at $14, with just 2,500 units traded, Caribbean Cement shed 50 cents after transferring 32, 777 stock units to end at $48.50. Carreras closed 69 cents lower to $6.06, with 365,300 shares changing hands, Jamaica Producers declined to $19.12, with a loss of 88 cents in swapping 5,424 stock units, Jamaica Stock Exchange rose 74 cents to $22.91, in trading 117,624 shares. MPC Caribbean Clean Energy jumped by $30.58 after transferring 494 units to end at $180.58, NCB Financial Group shed 50 cents to close at $155, with an exchange of 105,674 shares, Proven Investments picked up $1.01 to finish at $38.10, in swapping 2,500 units. Sagicor Group closed at $49, with a loss of 75 cents with 434,646 shares crossing the exchange, Salada Foods lost 50 cents after swapping 7,102 units at $28, Scotia Group fell by $2.08 to $45.81, with a transfer of 34,866 stock units. Seprod dropped $1 to close at $45, in trading 8,911 units, Stanley Motta picked up 41 cents to finish at $5.03, in exchanging 6,000 units, Supreme Ventures ended at $15.48, with a loss of $1.52 and the swapping of 47,463 shares. Sygnus Credit Investments closed at $15, after losing $2.45 trading 57,900 shares and Wisynco Group ended the exchanging of 341,913 stock units at $16, with a loss of $1.10.

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, Daily Trading, Emerging markets, 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, Productive Business Solution, 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, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE US$ Market ends week quietly

April 17, 2020 by IC Insider.com

The value and the volume shares trading on the JSE US dollar-denominated Market declined sharply on Friday with one less security changing hands than on Thursday.
Market activity resulted in four securities changing hands, with the price of one stock rising, two stocks declining and one remaining unchanged at the close. Trading accounted for just 464,489 units with a value of US$15,549, in contrast to 6,934,785 units for US$80,338 on Thursday.
At the close, the market index lost 0.15 points to 201.77 and the PE ratio of the market ended with an average of 13.5 times 2020 earnings.
First Rock Capital closed at 9.21 US cents, gaining 0.01 of a cent trading 10,900 units, Sygnus Credit Investments ended at 13 US cents, with a loss of 1 cent exchanging 14,925 units and Trans Jamaican Highway shed 0.01 of a cent and closed at 1 US cent in transferring 431,164 shares. In the US dollar preference section, JMMB Group 6% preference share traded 7,500 units to close at US$1.10.

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

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Sygnus Credit Investments, Trading Activity, Trans Jamaica Highway

2 days of losses for JSE main market

April 16, 2020 by IC Insider.com

The JSE Main Market lost over 15,000 points in two days.

The Jamaica Stock Exchange closed another day of trading with prices mostly down and taking a big trunk of the market indices, with it declining for a second day by more than 7,000 points.
The Main Market of the At the close, the JSE All Jamaican Composite Index dived 7,617.05 points to 427,779.79, the JSE Market Index dropped 7,118.10 points to 389,754.82 and the JSE Financial Index slid 2.36 points to 106.
The market closed with 49 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 22 declining and 11 securities trading firm. The JSE Main Market activity ended with 44 securities accounting for 146,823,904 units valued at $296,270,700, in contrast to 53,531,710 units valued at $153,340,745 from 44 securities on Wednesday.
Radio Jamaica led trading with 95 million shares for 65 percent of total volume followed Trans Jamaican Highway, with 36.6 million units for 25 percent of the day’s trade and Wigton Windfarm with 7.7 million units for 5 percent market share. Other stocks trading more than one million units were Jamaica Broilers with 2.6 million units and Sagicor Select Financial Fund with 2.7 million units.
The Market closed with an average of 3,336,907 units valued at $6,733,425 for each security traded, in contrast to 1,216,630 units valued at an average of $3,485,017 on Wednesday. The average volume and value for the month to date amount to 1,022,515 units valued at $4,256,393 for each security changing hands, compared to 779,477 units valued at $3,967,296 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and six stocks closing with lower offers. The PE ratio of the market ended at 14.1, while the Main Market ended at 14.5 times 2020/21 earnings.
In the Main Market, Barita Investments shed 51 cents trading 25,513 units and closed at $56, Berger Paints exchanged 1,045 stock units at $12.62, with a loss of $1.38, Caribbean Cement gained $1 to finish at $49, in transferring 38,537 units. Eppley fell $2.20 to $14.80, with 31,034 units changing hands, Eppley Caribbean Property Fund declined by $2 to $34, after trading 3,920 stock units, Jamaica Producers closed 49 cents lower to $20 after swapping 4,497 units. Jamaica Stock Exchange ended at $22.17, with a loss of $1.43 in transferring 112,597 shares, JMMB Group added 78 cents to finish at $36.79, in an exchange of 55,004 shares, Kingston Wharves picked up 42 cents and closed at $44, with 26,422 units changing hands. MPC Caribbean Clean Energy sustained a loss of $33 in swapping 499 units and closed at $150, NCB Financial Group fell 50 cents to $155.50 trading 35,964 units, PanJam Investment shed 85 cents to close at $75.98, with an exchange of 9,929 stock units. Portland JSX picked up 80 cents in trading only one stock unit to end at $8.90, Sagicor Group finished at $49.75, with a loss of 77 cents in exchanging 86,774 shares, Salada Foods closed at $28.50, after losing $4.95 in exchanging 10,299 units. Scotia Group gained 39 cents swapping 50,079 shares and closed at $47.89, Seprod climbed $2 to $46, with 18,441 units crossing the exchange, Stanley Motta slipped 38 cents to $4.62, in swapping 4,200 stock units and Victoria Mutual Investments ended at $7.50, with a loss of 30 cents while transferring 420,041 shares.

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, 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, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

TransJamaica dominate US$ market

April 16, 2020 by IC Insider.com

Trading picked up on the Jamaica Stock Exchange on the US dollar market on Thursday, with Trans Jamaican Highway accounting for 6.9 million or 99.7 percent of the overall volume passing through the market.
Trading activity resulted in five securities changing hands, with one rising, one stock declining and three remaining unchanged, leading to the volume of 6,934,785 units changing hands with a value of US$80,338, in contrast to 648,937 units for US$25,614 on Wednesday.
At the close, the market lost 0.83 points to 201.92. The PE ratio of the market closed with an average of 13.6 times 2020 earnings.
In trading, First Rock Capital shed 0.8 of a cent to close at 9.2 US cents, in exchanging 7,994 units, JMMB Group 5.75% preference share transferred 3,869 units at US$2.13, JMMB Group 6% preference ended at US$1.10, with 1,100 stock units changing hands. Sygnus Credit Investments traded 7,016 units at 14 US cents and Trans Jamaican Highway ended at 1.01 US cents, in exchanging 6,914,806 shares.

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

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Productive Business Solution, Proven Investments, Sterling Investments, Sygnus Credit Investments, Trading Activity, Trans Jamaica Highway

JSE Main market suffers big drop

April 15, 2020 by IC Insider.com

Jamaica Stock Exchange Main Market suffered the first decline in since the April 2 with the JSE All Jamaican Composite Index tumbling 7,508.92 points to 435,396.84, the JSE Market Index diving 6,816.76 points to 396,872.92 and the JSE Financial Index losing just 0.98 points to close at 108.36.
The market closed with 50 securities changing hands in the Main and US dollar markets with prices of nine stocks advancing, 28 declining and 13 securities trading firm. The JSE Main Market activity ended with 44 securities accounting for 53,531,710 units valued at $153,340,745, in contrast to 21,215,763 units valued at $102,509,485 from 46 securities on Tuesday.
Trans Jamaican Highway led trading with 40 million shares for 75 percent of total volume followed Sagicor Select Financial Fund with 4 million units for 7.4 percent of the day’s trade, and Wigton Windfarm with 3.8 million units for just over 7 percent of market share. QWI Investments, the only other stock trading more than one million units, ended the day with 1.06 million stock units.
The Market closed with an average of 1,216,630 units valued at an average of $3,485,017 for each security traded, in contrast to 461,212 units valued at an average of $2,228,467 on Tuesday. The average volume and value for the month to date amount to 779,477 units valued at $3,967,296 for each security changing hands, compared to 728,184 units valued at $4,031,021 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows four stocks ending with bids higher than their last selling prices and five stocks closing with lower offers. The PE ratio of the market ended at 14.4, while the Main Market ended at 14.7 times 2020/21 earnings.
In Main Market trading, Barita Investments closed at $56.51, with a loss of 99 cents in transferring 26,609 units, First Rock Capital shed 44 cents to end at $10.56, in swapping 20,922 units, Jamaica Producers gained 34 cents trading 31,233 units to finish at $20.49. Jamaica Stock Exchange closed $1.14 lower at $23.60, with 106,460 shares changing hands, JMMB Group ended at $36.01, with gains of $2.99 in exchanging 138,488 shares, Kingston Wharves lost 42 cents and closed at $43.58, after trading 32,042 units. Mayberry Jamaican Equities finished at $8.40, with a loss of 59 cents in swapping 72,635 shares, MPC Caribbean Clean Energy closed $1 lower to $183, in an exchange of 300 units. NCB Financial Group declined by $2 to $156 transferring 98,627 shares, PanJam Investment picked up 83 cents to close at $76.83, after trading 24,331 units, Proven Investments climbed $2.95 to $37 after exchanging 940 units. Sagicor Group dropped $2.98 to end at $50.52, after trading 179,780 shares, Sagicor Real Estate Fund gained 41 cents to close at $7.99, with 41,292 units changing hands. Salada Foods closed at $33.45, after climbing $5.05 in swapping a mere 120 units. Scotia Group shed 45 cents to finish at $47.50 in transferring 17,694 units, Seprod lost $3 to end at $44, with an exchange of 33,846 units, Stanley Motta lost 65 cents to close at $5, in swapping 36,575 stock units. Supreme Ventures dropped $1.99 to $17, after trading 131,365 shares, Victoria Mutual Investments ended at $7.80, with a loss of $1.20 in transferring 518,294 shares and Wisynco Group fell by $2.49 to $17, with 667,525 shares changing hands.

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, 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, Productive Business Solution, 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, Trans Jamaica Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group

JSE US Market remains stable

April 15, 2020 by IC Insider.com

Market activity in the US dollar-denominated market ended with six securities changing hands, compared to seven on Tuesday, with market activity being relatively stable leading to the market Index slipping 0.24 points to 202.75.
The market ended with 648,937 shares trading valued at US$25,614, in contrast to 285,192 units for US$123,486 on Tuesday, as one stock rose, one declined, leaving four unchanged. The PE ratio of the market closed with an average of 13.7 times 2020 earnings.
In trading, First Rock Capital rose 1 cent to close at 10 US cents, with 1,613 units changing hands, Proven Investments remained at 26 US cents, after exchanging 5,019 shares. Sterling Investments swapped 84,955 shares at 2 US cents and Trans Jamaican Highway closed at 1 US cent, with a loss of 0.03 of a cent in trading 549,230 stock units. In the US dollar preference section, JMMB Group 5.75% preference share traded 7,774 shares at US$2.13 and JMMB Group 6% preference share had 346 units exchanged at US$1.10.

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

Filed Under: Global Market, Stock Market Tagged With: Daily Trading, Emerging markets, First Rock Capital, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, JSE US dollar market, Proven Investments, Sterling Investments, Sygnus Credit Investments, Trading Activity, Trans Jamaica Highway

Another day of strong gains for JSE

April 14, 2020 by IC Insider.com

Main Market stocks ended trading with another day of substantial gains on Tuesday, after the market reopened from the closure for the Easter holidays and enjoyed seven consecutive days without losses with the market has recovered 67,814.67 points or 18 percent since the March 25 low of 375,091.09.

The main market of the JSE is climbing back nicely but watch 485,000 points level for possible resistance.

At the close, the Jamaica Stock Exchange All Jamaican Composite Index climbed 5,537.88 points to 442,905.76, the JSE Market Index added 5,330.56 points to 403,689.68 and the JSE Financial Index gained 1.28 points to 109.34.
The market closed with 53 securities changing hands in the Main and US dollar markets with prices of 22 stocks advancing, ten declining and 21 securities trading firm. The JSE Main Market activity ended with 46 securities accounting for 21,215,763 units valued at $102,509,485, in contrast to 37,271,624 units valued at $443,203,847 from 41 securities on Thursday.
Trans Jamaican Highway led trading with 11.7 million shares for 55 percent of the day’s total volume followed Pulse Investments with 2.03 million units for 9.6 percent of the day’s trade and Wigton Windfarm with 1.9 million units for 9 percent of the market’s volume. Other stocks trading more than one million shares were Carreras with 1.04 million units and Sagicor Select Financial Fund with 1.4 million units.

The Market closed with an average of 461,212 units valued at $2,228,467 for each security traded, in contrast to 909,064 units valued at an average of $10,809,850 on Thursday. The average volume and value for the month to date amount to 728,184 units valued at $4,031,021 for each security changing hands, compared to 765,512 units valued at $4,319,932 for each security traded. Trading in March resulted in an average of 1,146,245 units valued at $7,550,295 for each security.
IC bid-offer Indicator│ At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and four stocks closing with lower offers. The PE ratio of the market ended at 14.6, while the Main Market ended at 15 times 2020/21 earnings.
In the Main Market activity, Berger Paints gained $1.85 to close at $14, in trading 1,101 stock units, Caribbean Cement advanced $5.50 to $48, with 43,801 units changing hands, Eppley shed 75 cents exchanging 90,600 shares to finish at $17. Eppley Caribbean Property Fund closed $2.67 higher at $36, in swapping a mere ten stock units, First Rock Capital rose 50 cents to $11, with an exchange of 24,754 units. Jamaica Producers lost 35 cents transferring 9,128 shares and closed at $20.15,

Jamaica Stock Exchange ended $2.39 higher at $24.74, after swapping 16,514 units, JMMB Group closed at $39, with gains of $1 exchanging 73,496 shares. MPC Caribbean Clean Energy soared $44 to $184, with 375 stock units crossing the exchange, 138 Student Living added 30 cents to reach $7, in transferring 52,564 units, Proven Investments fell $3.95 to $34.05, in swapping 185,350 shares. Sagicor Group closed $2.50 higher to $53.50, in an exchange of 60,754 units, Scotia Group gained 35 cents to finish at $47.95 after trading 20,574 stock units, Seprod declined by $2 to $47, with 101,771 shares changing hands. Supreme Ventures rose $1.99 to $18.99, in transferring 65,409 shares, Sygnus Credit Investments shed 40 cents trading 153,409 shares and closed at $17.60 and Wisynco Group added 49 cents to end at $19.49, with 336,917 shares crossing the exchange.

Prices of securities trading are those for the day’s last transaction unless otherwise stated.