Trading on the Jamaica Stock Exchange US dollar-denominated market increased after the long weekend break for the Easter holidays as market activity resulted in seven securities changing hands.
The market closed with three stocks rising, the price of one declining and three stocks closing unchanged. The market ended with 285,192 units valued at US$123,486 changing hands, in contrast to 147,823 units for US$12,944 on Thursday from just three stocks. At the close, the market index gained 0.62 points to end at 202.99 and the PE ratio ended at an average of 13.6 times 2020 earnings.
In the ordinary shares segment of the market, Margaritaville traded 490 units at 20.1 US cents, Proven Investments closed at 26 US cents, with 47,555 shares changing hands, Sterling Investments lost 0.3of a cent to end at 2 US cents, after exchanging 17,457 units. Sygnus Credit Investments closed at 14 US cents trading 46,705 shares and Trans Jamaican Highway finished at 1.03 US cents, with gains of 0.03 of a cent after 123,915 shares changed hands. In the preference segment, JMMB Group 5.75% FR preference share gained 1 cent after transferring 47,570 stock units and closed at US$2.13 and JMMB Group 6% preference share rose 8 cents to US$1.10 exchanging 1,500 units.
7 US$ stocks trade
JSE Main Market claws back more losses
Jamaica Stock Exchange Main Market stocks put in another robust performance on Thursday, with the All Jamaica Composite index adding more than 5,000 points for a second day running. The market has climbed back from a 33 percent fall at the lowest point this year to be down 22 percent at the close on Thursday.
JSE Main Market bouncing back from big March losses and seems set to move freely to next resistance of 485,000 points, see black line on the chart.
At the close, the JSE All Jamaican Composite Index climbed 5,242.93 points to 437,367.88, the JSE Market Index advanced 4,729.33 points to 398,359.12 and the JSE Financial Index gained 0.43 points to 108.06.
The market closed with 44 securities changing hands in the Main and US dollar markets with prices of 17 stocks advancing, 15 declining and 12 securities trading firm. The JSE Main Market activity ended with 41 securities accounting for 37,271,624 units valued at $443,203,847, in contrast to 21,743,844 units valued at $108,256,444 from 40 securities on Wednesday.
Trans Jamaican Highway led trading with 11.2 million shares for 30 percent of total volume, Sagicor Group followed with 5.3 million units for 14 percent of the day’s trade and Sagicor Select Financial Fund with 4.7 million units for 13 percent market share. Other companies trading more than one million units are Wigton Windfarm, with 3 million stock units, Carreras with 2.8 million shares, Wisynco Group exchanged 2.8 million shares. QWI Investments ended, with 1.7 million units and Pulse Investments had 1.6 million shares crossing the exchange.
The Market closed with an average of 909,064 units valued at $10,809,850 for each security traded, in contrast to 543,596 units valued at $2,706,411 on Wednesday. The average volume and value for the month to date amount to 765,512 units valued at $4,319,932 for each security changing hands, compared to 745,075 units valued at $3,238,279 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 nine stocks ending with bids higher than their last selling prices and four stocks closing with lower offers. The PE ratio of the overall market ended at 14.3, while the Main Market ended at 14.6 times 2020/21 earnings.
In the Main Market, Barita Investments lost 50 cents trading 22,906 units and closed at $57.50, Caribbean Cement dropped $1.50 to close at $42.50, with 220,699 stock units changing hands, Jamaica Stock Exchange dipped 65 cents to close at $22.35 with 28,012 shares changing hands. JMMB Group lost 74 cents trading 51,368 stock units at $38, 138 Student Living closed 70 cents higher at $6.70, with a transfer of 41,000 shares,
Portland JSX exchanged 16,000 units and rose 80 cents to end at $8.10. Proven Investments shed 50 cents to finish at $38, in swapping 3,000 shares, Sagicor Group picked up 50 cents to reach $51, with an exchange of 5,271,009 stock units, Salada Foods dropped $4.30 to close at $28.40 trading 121,898 shares. Seprod added $1 and closed at $49, after transferring 26,237 units, Supreme Ventures exchanged 201,920 shares after rising 99 cents to close at $17, Sygnus Credit Investments traded 147,833 shares and gained 50 cents to end at $18. Victoria Mutual Investments ended at $9, with gains of $1 after trading 858,125 shares and Wisynco Group closed $1.50 higher at $19, in exchanging 2,848,031 shares.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE US dollar market closes week quietly
Trading activities on the Jamaica Stock Exchange US dollar-denominated market ended the shortened Easter week with reduced volume compared to Wednesday as just three securities were active in the market on Thursday compared to seven on Wednesday.
Market activity resulted in three securities changing hands and ended with no stock gaining while one stock declined and two stocks trading with the price unchanged. The volume of shares traded was 147,823 units with a value of US$12,944, in contrast to 291,094 units for US$266,784 on Wednesday.
At the close, the market slid 2.26 points to 202.37 and the PE ratio of the market closed with an average of 13.7 times 2020 earnings.
The stocks trading were Proven Investments with an exchange of 43,738 shares at 26 US cents. Sygnus Credit Investments closed at 14 US cents trading 4,085 units and Trans Jamaican Highway still dominated the market while trading only 100,000 shares at 1 US cents, after losing a mere 0.03 of a cent.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE Main Market claws back losses
Jamaica Stock Exchange Main Market put in another robust performance on Wednesday with the All Jamaica Composite index jumping more than 5,000 points in clawing back another chunk of the huge losses in March as advancing stocks just inched out declining ones.
At the close, the JSE All Jamaican Composite Index climbed 5,606.53 points to 432,124.95, the JSE Market Index advanced 4,975.85 points to 393,629.79 and the JSE Financial Index gained 1.02 points to 106.63.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 16 stocks advancing, 15 declining and 16 securities trading firm. The JSE Main Market activity ended with 40 securities accounting for 21,743,844 units valued at $108,256,444, in contrast to 93,346,989 units valued at $195,317,440 from 42 securities on Tuesday.
Trans Jamaican Highway led trading with 10.3 million shares for 47.6 percent of total volume, Wigton Windfarm followed with 3 million units for 14 percent of the day’s trade and Sagicor Select Financial Fund with 2.6 million units for 12 percent market share. Wisynco Group, the only other stock trading more than one million units, in exchanging 1.2 million shares.
The Market closed with an average of 543,596 units valued at $2,706,411 for each security traded, in contrast to 2,222,547 units valued at an average of $4,650,415 on Tuesday. The average volume and value for the month to date amount to 745,075 units valued at $3,238,279 for each security changing hands, compared to 936,106 units valued at $3,341,554 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 five stocks closing with lower offers. 
The PE ratio of the overall market ended at 14.2, while the Main Market ended at 14.5 times 2020/21 earnings.
In Main Market trading, Berger Paints gained 65 cents trading 240 units and closed at $12.15, Eppley Caribbean Property Fund dropped $3.92 to close at $33.33, with 5,430 stock units changing hands, PanJam Investment closed $1 higher at $76, with a transfer of 241,878 shares. Proven Investments shed 90 cents to finish at $38.50, in swapping 33,173 units, Sagicor Group picked up 75 cents to reach $50.50, with an exchange of 58,207 stock units, Scotia Group closed 50 cents lower to $47.50 trading 20,203 shares. Seprod shed 50 cents and closed at $48, after transferring 32,554 units, Victoria Mutual Investments ended at $8, with gains of 30 cents after trading 448,771 shares and Wisynco Group closed $1.50 higher at $17.50, in exchanging 1,180,233 shares.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
Trading climbs on JSE US$ Market
Thanks to a rise in trading of JMMB Group preference shares and Trans Jamaica Highway, volume trading on the JSE US dollar Market rose on Wednesday over that on Tuesday as investors exchanged seven securities.
The usual large volume traded by the recently listed Trans Jamaica Highway remained moderate on Wednesday, with just over 100,000 shares changing hands.
Market activity resulted in seven securities changing hands, with three stocks rising and four declining. The volume of shares traded was 291,094 units, with a value of US$266,784, in contrast to 34,926 units for US$4,838 on Tuesday.
At the close, the market index lost 0.18 points to 204.63 and the PE ratio of the market closed with an average of 13.8 times 2020 earnings.
First Rock Capital gained of 0.9 of a cent and closed trading with 3,000 units at 9 US cents, JMMB Group 5.75% preference share lost 1 cent to end at US$2.12, after exchanging 116,312 shares, JMMB Group 6% preference share gained 2 cents with 1,000 units crossing the exchange and closed at US$1.02. Proven Investments picked up half a cent to end at 26 US cents, with 62,971 shares changing hands, Sterling Investments ended at 2.3 US cents, after losing 0.2 of a cent after swapping 5,000 units. Sygnus Credit Investments closed at 14 US cents, with a loss of 1 cent in trading 1,415 units and Trans Jamaican Highway ended at 1.04 US cents, with the loss of 0.02 of a cent in exchanging 101,396 shares.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE US dollar market in modest trading
The Jamaica Stock Exchange, US dollar market, closed on Tuesday, with modest trading as just four securities changed hands. Trading resulted in only 4,926 shares valued at US$4,838 trading as the recently listed Trans Jamaica Highway that traded recently in mostly large volumes exchanged just 10,004 shares at the close.
Market activity closed with no stock rising, while three declined and one closed trading unchanged. The volume of shares traded fell to 34,926 units with a value of US$4,838, in contrast to 4,049,404 units for US$90,280 on Monday. At the close, the market fell by 1.58 points to 204.81, taking the year to date loss to 9.5 percent, less than half of the losses in the Main and Junior markets. The PE ratio of the market closed with an average of 13.9 times 2020 earnings.
Margaritaville exchanged 4,397 units to close at 20.1 US cents, after falling 3.9 cents, Proven Investments shed half of a cent to close at 25.5 US cents, with 7,325 units changing hands. Sygnus Credit Investments transferred 13,200 units at 15 US cents and Trans Jamaican Highway ended at 1.06 US cents, with a loss of 0.01 of a cent after trading 10,004 stock units.
JSE Main Market climbs on Tuesday
JSE Main Market continues to recover lost grounds on Tuesday, but the gains were moderate at less than 1,000 points as trading surged sharply over Monday’s trading levels.
The JSE Main market continues to claw back some of the March losses but faces a series of resistance points above.
At the close of the market, the JSE All Jamaican Composite Index advanced by 845.58 points to 426,518.42, the JSE Market Index gained 743.85 points to 388,653.94 and the JSE Financial Index added 0.29 points to 106.61.
The market closed with 46 securities changing hands in the Main and US dollar markets with prices of 21 stocks advancing, 13 declining and 12 securities trading firm. The JSE Main Market activity ended with 42 securities changing hands and accounting for 93,346,989 units valued at $195,317,440, in contrast to 24,630,786 units valued at $77,117,092 from a similar number of securities on Monday.
Radio Jamaica led trading with 50.4 million shares for 54 percent of total volume, Trans Jamaican Highway followed with 32.4 million units for 34.7 percent of the day’s trade and Wigton Windfarm with 3.6 million units for 3.8 percent market share. Sagicor Select Financial Fund, the only other stock trading more than one million units, ended the day with an exchange of 2.1 million shares.
The Market closed with an average of 2,222,547 units valued at an average of $4,650,415 for each security traded, in contrast to 586,447 units valued at an average of $1,836,121 on Monday. 
The average volume and value for the month to date amount to 936,106 units valued at $3,341,554 for each security changing hands, compared to 606,651 units valued at $3,006,358 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 four 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 the Main Market, Barita Investments rose $1.40 to $58, with the swapping of 4,064 shares, Eppley closed $1.75 higher to $17.75, in trading just 200 stock units, First Rock Capital picked up 90 cents to finish at $10.50, with 7,761 units changing hands. Grace Kennedy gained 60 cents transferring 28,722 shares and closed at $57.60, Jamaica Producers ended at $20.50, after rising 35 cents trading 27,594 units, Jamaica Stock Exchange closed 75 cents higher at $23, in transferring 47,617 shares. JMMB Group finished at $38.74, after picking up 74 cents and exchanging 49,965 stock units, 
Mayberry lost 30 cents to close at $5.70, with 193,000 shares crossing the exchange, MPC Caribbean Clean Energy dropped $5 to close at $140 after trading 957 stock units. NCB Financial Group climbed $3 to $158, with 69,263 shares changing hands, 138 Student Living fell by $1.10 to $5.90 trading 10,400 units, PanJam Investment shed 97 cents to close at $75, with an exchange of 93,034 shares. Sagicor Group lost 75 cents to end at $49.75, after swapping 120,363 stock units, Salada Foods gained 48 cents to finish at $32.70, with 4,604 units changing hands, Supreme Ventures climbed $1.33 to $15.99, with an exchange of 112,333 shares. Victoria Mutual Investments ended the day at $7.70, after gaining 35 cents and transferring 293,021 shares and Wisynco Group added 61 cents to finish at $16, in trading 560,505 shares.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE Main Market recovers 30% of losses
JSE Main market recovering from a huge fall in March.
Jamaica Stock Exchange Main Market continued its recovery from the huge March plunge in putting in another robust performance on Monday and recovered 50,581.75 points since the market bottomed on March 25 and nearly a third of the 154,631.13 points tumbled from the beginning of March to the low in the month.
At the close of trading, the JSE All Jamaican Composite Index advanced 3,320.99 points to end at 425,672.84, the JSE Market Index climbed 3,004.85 points to 387,910.09 and the JSE Financial Index added 0.88 points to 106.32.
The market closed with 46 securities changing hands in the Main and US dollar markets with prices of 20 stocks advancing, 20 stocks declining, with six securities trading firm. The JSE Main Market activity ended with 42 securities accounting for 24,630,786 units valued at $77,117,092, in contrast to 33,384,287 units valued at $221,730,878 from 42 securities on Friday.
Trans Jamaican Highway led trading with 10.4 million shares for 42 percent of total volume. Wigton Windfarm followed, with 8.5 million units for 34.6 percent of the day’s trade and Trans Jamaican Highway trading in the US dollar market accounted for 3.8 million units for the equivalent of 15.6 percent of the Main Market’s volume. Other stocks trading more than one million units were Sagicor Select Financial Fund, with 2.3 million shares and Wisynco Group with 1.3 million units.
The Market closed with an average of 586,447 units valued $1,836,121 for each security traded, in contrast to 794,864 units valued at an average of $5,279,307 on Friday. The average volume and value for the month to date amount to 606,651 units valued at $3,006,358 for each security changing hands, compared to 613,607 units valued at $3,409,226 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 nine 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 14.4, while the Main Market ended at 14.6 times 2020/21 projected earnings.
In the Main Market, Barita Investments ended with a loss of $1.40 in exchanging 22,858 units and closed at $56.60, Caribbean Cement gained 51 cents to finish at $44 trading 30,861 shares, Eppley Caribbean Property Fund rose $2.25 to end at $37.25 while transferring 534 units. 
First Rock Capital closed 40 cents lower at $9.60, with 50,007 shares crossing the exchange, Jamaica Broilers declined $3.52 to $29, with 48,411 shares changing hands, Jamaica Producers gained $1.04 to close at $20.15 transferring 15,332 units. Mayberry Jamaican Equities closed $1.20 higher to reach $9.10, in trading 59,464 shares, MPC Caribbean Clean Energy advanced by $5 to $145, with an exchange of 344 stock units, NCB Financial Group climbed $2.09 to $155 in swapping 37,820 shares. Sagicor Group added $1.75 to end at $50.50, with 89,434 shares changing hands, Salada Foods dropped $3.78 to finish at $32.22, after transferring 471 units, Seprod closed $1 lower to $48.50, with an exchange of 11,674 units. Stanley Motta shed 30 cents to end at $5.50 trading 22,100 units, Sterling Investments picked up 35 cents to close at $2.85, with a transfer of 145,739 shares, Sygnus Credit Investments lost $1.96 ended at $17.03, after exchanging 103,764 shares and Wisynco Group rose $1.49 to $15.39, in swapping 1,312,997 shares.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
JSE US dollar market slips
The JSE US dollar market slipped in trading on Monday with five securities crossed the exchange with prices of two declining and two stocks rising as Trans Jamaica Highway continues to trade in large volumes.
The JSE US dollar market has held up reasonably well in trading recently against the background of major fall in the JSE Main Market.
At the close of trading, the volume of stocks climbed to 4,049,404 units with a value of US$90,280, in contrast to 827,966 units for US$86,577 on Friday. At the close, the market lost 0.84 points to end at 206.39, with the PE ratio of the market closing with an average of 14.2 times 2020 earnings.
In trading, First Rock Capital lost 1 cent to close at 8.1 US cents, after trading 8,900 units, Proven Investments declined by 1 cent and ended at 26 US cents after exchanging 175,138 shares. Sygnus Credit Investments swapped 19,666 units at 15 US cents and Trans Jamaican Highway, which accounted for 95 percent of the market’s volume, traded 3,845,700 and rose 0.1 of a cent to close at 1.07 US cents.
More gains for JSE Main Market
The Main Market of the Jamaica Stock Exchange closed higher for the sixth time out of the last seven trading days and recovered 47,260.76 points of the losses in March, to be up 13 percent from the recent lows of 375,091.09 points, reached on 25th of March on the JSE All Jamaican Composite Index.
JSE Main market continuing to bounce off resistance at 375,000 points reached on March 25.
At the close of the market on Friday, the JSE All Jamaican Composite Index jumped 4,851.68 points to 422,351.85, the JSE Market Index climbed 4,394.76 points to 384,905.24 and the JSE Financial Index added 1.51 points to 105.44.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 25 stocks advancing, 15 declining and 4 securities trading firm. The JSE Main Market activity ended with 42 securities accounting for 33,384,287 units valued at $221,730,878, in contrast to 19,058,509 units valued at $80,731,137 from 40 securities on Thursday.
Trans Jamaican Highway led trading with 21.5 million shares for 64.4 percent of total volume, followed by Wigton Windfarm with 2.6 million units for 7.9 percent of the day’s trade and Sagicor Select Financial Fund with 1.9 million units for 5.6 percent market share. Sagicor Select Manufacturing & Distribution Fund ended with 1.1 million shares and was the only other stock trading more than one million units.
The Market closed with an average of 794,864 units valued at an average of $5,279,307 for each security traded, in contrast to 476,463 units valued at an average of $2,018,278 on Thursday. The average volume and value for the month to date amount to 613,607 units valued at $3,409,226 for each security changing hands. 
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 nine stocks ending with bids higher than their last selling prices and two stocks closing with lower offers. The PE ratio of the market ended at 14.2, while the Main Market ended at 14.4 times 2020/21 earnings.
In the Main Market, Barita Investments climbed $5 to reach $58, with 41,623 shares changing hands, Berger Paints fell $3 to $11.50, after trading 24,768 units, Caribbean Cement added 54 cents to close $43.49, in swapping 61,554 shares. Eppley closed $1 higher at $16, with14,000 units crossing the exchange, Eppley Caribbean Property Fund dropped $4 to end at $35, in trading a mere 200 units, First Rock Capital lost 50 cents to finish at $10, with a transfer of 17,200 units. Grace Kennedy shed 60 cents to close at $57 in exchanging 722,937 shares, Jamaica Broilers gained 52 cents, in swapping 291,710 shares to end at $32.52, Jamaica Producers picked up 41 cents to close at $19.11 after trading 5,891 units. Kingston Wharves closed 50 cents higher to finish at $44, with 21,556 units traded, 
MPC Caribbean Clean Energy advanced $5 to $140 after exchanging 1,512 stock units, NCB Financial Group climbed to $152.91, with gains of $2.66 with 265,789 shares changing hands. PanJam Investments fell by $2 to $76 in swapping 225,872 shares, Portland JSX shed 70 cents to finish at $7.30, with an exchange of 38,667 units, Proven Investments closed at $39.70, after rising $2.20 and trading 11,126 units. Sagicor Group picked up 81 cents to end at $48.75, in transferring 73,620 shares, Sagicor Real Estate Fund closed 45 cents lower at $7.25 with 81,200 stock units crossing the exchange, Salada Foods jumped $6 to $36, after exchanging 59,400 units. Seprod closed $1.50 higher to $49.50, with a transfer of 65,614 shares and Supreme Ventures gained 40 cents to end at $14.40, with 248,813 shares changing hands.
Prices of securities trading are those for the day’s last transaction unless otherwise stated.
