The Jamaica Stock Exchange Main Market surged sharply on the last trading day of the month to close at the highest point since the first day in July as Barita Investments jumped to a new one year high of $95.51, after trading levels for the marketing ended with an increase of 162 percent more shares changing hands than on Tuesday.
The chart shows a saucer shape for the market that points to a sharp rise in the market.
At the close, the All Jamaican Composite Index surged 9,745.94 points to settle at 416,926.56, the Main Index jumped 8,779.22 points to settle at 380,425.98 and the JSE Financial Index increased 3.07 points to settle at 100.45.
Trading ended with 46 securities changing hands compared to 45 on Tuesday and ended with the prices of 22 stocks rising, the prices of 12 declining and 12 remaining unchanged. The average PE Ratio of the market ended at 15.9 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 16,710,134 shares for $211,378,559 compared to 6,376,770 units at $90,289,336 on Tuesday. Pulse Investments led trading with 26.5 percent of total volume in an exchange of 4.43 million shares, followed by Sagicor Select Financial Fund with 21.4 percent or 3.57 million units, Sagicor Group with 9.4 percent market share for 1.57 million units. Transjamaica Highway traded 1.38 shares for 8.3 percent market share, Wigton Windfarm with 1.32 million units, Sagicor Select Manufacturing & Distribution Fund with 1.3 million units.
Trading ended with an average of 363,264 units changing hands at $4,595,186 for each security, compared to an average of 141,706 shares at $2,006,430 on Tuesday. The average trade for the month to date, ended at 265,170 units at $3,271,625 for each security, in contrast to 260,128 units at $3,203,598 on Tuesday. 
</Trading month to date compares adversely to, August with an average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows 13 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments increased $5.51 in ending at 52 weeks’ high of $95.51 in trading 874,473 shares, Caribbean Cement advanced $1.46 to settle at $49.50 while exchanging 37,212 stocks, Eppley Caribbean Property Fund carved out a loss 30 cents in closing at $50 in an exchange of 400 shares. First Rock Capital advanced 40 cents in ending at $13 after exchanging 6,568 units, Jamaica Broilers climbed $2.20 to end at $27.70 with investors switching ownership of 16,232 stock units, Jamaica Producers carved out a gain of 50 cents in closing at $21 in trading 48,979 units. Jamaica Stock Exchange climbed $1.40 in closing at $19.85 and trading 202,830 stock units, JMMB Group jumped $2.99 ending at $31 with an exchange of 118,333 stock units, Key Insurance advanced $1.24 to settle at $9.61 in clearing the market with 151,331 stocks. Kingston Wharves gained $3.10 in ending at $49.10 after exchanging 100 stock units, Mayberry Investments climbed $1.09 to close at $6.25 with 10 stock units changing hands, Mayberry Jamaican Equities increased 64 cents in closing at $8.30 trading 2,832 stocks.
MPC Caribbean Clean Energy dropped $5 to settle at $150, with 1,605 stock units passing through the market, PanJam Investment carved out a gain of $3.49 in closing at $69.50, with 24,108 stock units passing through the market, Portland JSX dropped 45 cents to close at $7.05 with investors switching ownership of 106,892 shares. Sagicor Group carved out a gain of $2.10 to settle at $46.40 while exchanging 1,571,769 units, Stanley Motta climbed 47 cents to close at $5.12, with 33,715 stocks clearing the market. Supreme Ventures dropped 40 cents in closing at $14, with 5,437 shares changing hands, Sygnus Credit Investments advanced $1.70 and ended at $19.40 in exchanging 93,341 shares and Wisynco Group advanced 45 cents to close at $16.90 trading 55,901 stock units.
In the Main Market preference segment, Productive Business Solutions 9.75% Preference share advanced $24 to settle at $104 with investors switching ownership of five stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index climbed 266.78 points to 407,180.62, the JSE Main Index rose 241.38 points to 371,646.76 and the JSE Financial Index gained 0.77 points to settle at 97.38.
Trading ended with an average of 141,706 units changing hands at $2,006,430 for each security compared to an average of 271,037 shares at $5,471,715 on Monday. Trading resulted in an average of 260,128 units at $3,203,598 for each security for the month to date on Monday. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
Kingston Wharves dropped $3.50 to $46, in an exchange of 862 units. Mayberry Investments ended at $5.16, with a loss of 94 cents, with 23,101 stock units clearing the market, Mayberry Jamaican Equities shed 64 cents to end at $7.66, with 10,351 units changing hands, NCB Financial closed at $131, after a loss $1.99 with investors switching ownership of 22,813 stock units. Palace Amusement dropped $319.99 to end at $1,300.01 in exchanging 50 units, Scotia Group climbed $2.76 to $49.90, trading 47,610 shares, Seprod gained 40 cents to settle at $55.90, with 17,499 stock units crossing the exchange. Stanley Motta lost 48 cents to end at $4.65 trading 935 shares, Supreme Ventures advanced $1.40 to $14.40, with an exchange of 528,693 shares and Wisynco Group gained 55 cents in closing at $16.45, after 44,087 shares passed through the market.
At the close of trading, the All Jamaican Composite Index dropped 1,325.14 points to 406,913.84, the JSE Main Index fell 1,198.98 points to 371,405.38 and the JSE Financial Index shed 0.73 points to settle at 96.61.
The average trade for the month to date ended at 266,398 units at $3,266,977 for each security, in contrast to 266,157 units at $3,152,375. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918 for each security.
NCB Financial Group gained 89 cents, in ending at $132.99 with investors swapping 172,508 shares. 138 Student Living rose 35 cents to end at $4.85, after clearing the market with 15,605 stock units, PanJam Investment dropped $3.49 to $66.01, in transferring 150,938 shares, Pulse Investments gained 30 cents to settle at $4.90, in trading 2,510,192 shares. Scotia Group fell to $47.14, after losing $1.36 and exchanging 627,325 shares Seprod fell 50 cents to $55.50, with investors switching ownership of 177,004 shares, Supreme Ventures fell $1.50 to settle at $13, as investors swapped 795,566 shares. Sygnus Credit Investments lost 70 cents to close at $17.80, in trading 28,469 stock units and Wisynco Group shed 58 cents to close at $15.90, with 45,481 stock units passing through the market.
The market closed with an exchange of 24,341,786 shares for $1,198,275,855 compared to 13,141,814 units at $242,747,146 on Thursday. Barita Investments led trading with 61.2 percent of total volume after 14.89 million shares changed hands, followed by Pulse Investments with 11.6 percent or 2.82 million units, Sagicor Select Financial Fund with 10.2 percent for 2.49 million units and Transjamaican Highway closing with 8.4 percent and 2.04 million shares.
JMMB Group closed at $29.50, with gains of 44 cents after exchanging 29,044 shares, Mayberry Investments rose 51 cents to $6, in trading 176,019 shares, NCB Financial Group shed 90 cents to finish at $132.10, with 5,816 stock units crossing the market. 138 Student Living lost 35 cents and end at $4.50, in trading 24,749 shares, Palace Amusement climbed $320 to end at $1,620 after exchanging just two units, PanJam Investment climbed $3.50 to $69.50, after 1,158 units changed hands, Portland JSX lost 50 cents to close at $7.50, in trading 89,998 shares. Proven Investments gained 45 cents to end at $38.45, with investors swapping 1,326 units, Pulse Investments fell to $4.60, after losing 38 cents and transferring 2,821,362 shares, Seprod rose 75 cents to close at $56, with an exchange of 5,490 stock units. Supreme Ventures gained 65 cents to settle at $14.50, with 442,677 shares crossing the exchange and Sygnus Credit Investments climbed $1.15 to settle at $18.50, after exchanging 38,902 stock units.
At the close of the market, trading ended with four securities changing hands compared to three on Thursday and ended with the prices of two stocks rising and two declining. The JSE USD Equities Index dropped 1.65 points to settle at 186.85, with the average PE Ratio ending at 12.8 based on IC Insider.com’s forecast of 2020-21 earnings.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and none with lower offers.
At the close of the market, trading ended with three securities changing hands compared to three on Wednesday and ended with the prices of two stocks rising, none declining and one remaining unchanged.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, the All Jamaican Composite Index climbed 1,205.29 points to 407,251.72, the Main Index advanced by 1,208.99 points to 371,716.48 and the JSE Financial Index gained 0.27 points to settle at 97.07.
Trading ended with an average of 285,692 units changing hands at $5,277,112 for each security compared to an average of 701,992 shares at $3,552,326 on Wednesday. The average trade for the month to date ended at 248,972 units at $1,760,892 for each security, in contrast to 246,626 units at $1,536,244. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
Key Insurance rose 65 cents and ended at $8.25 with 4,880 stock units clearing the market. Mayberry Jamaican Equities carved out a gain of 90 cents to finish at $8.50, in trading 60,235 shares, NCB Financial Group fell $1.30 to $133, with 65,074 shares changing hands, 138 Student Living rose 35 cents to $4.85 trading 40 units, Palace Amusement declined by $224 to close at $1,300, after transferring ten stock units. PanJam Investment dropped $4.98 to $66, in trading 41,025 shares, Portland JSX lost 60 cents to settle at $8 trading a mere two units, Scotia Group rose $1.76 to end at $48.76, with 60,819 shares passing through the market and Seprod shed 74 cents to close at $55.25, in trading 19,961 shares.
At the close, the All Jamaican Composite Index fell by 614.80 points to 406,046.43, the Main Index shed 882.30 points to 370,507.49 and the JSE Financial Index lost 0.11 points to settle at 96.80.
Trading ended with an average of 701,992 units changing hands at $3,552,326 for each security, in comparison to an average of 246,643 shares at $1,217,931 on Tuesday. The average trade for the month to date ended at 246,626 units at $1,536,244 for each security, in contrast to 217,703 units at $1,408,192. Trading month to date compares adversely to August’s average of 497,442 units at $3,201,935.
Key Insurance shed 79 cents to end at $7.60 in exchanging 21,120 stock units. Kingston Wharves gained 40 cents to finish at $50, with 61,064 shares passing through the market, Mayberry Jamaican Equities fell to $7.60, with a loss of 76 cents after exchanging 400 units, NCB Financial Group gained 30 cents to end at $134.30, with 24,555 stock units crossing the exchange. Palace Amusement advanced by $29 to $1,524 trading 35 units, PanJam Investment rose 98 cents to $70.98, with 1,408 units changing hands, Proven Investments gained 50 cents to settle at $38, in trading 61,098 shares. Pulse Investments ended at $5.05, with gains of 40 cents after exchanging 2,405,028 shares, Scotia Group fell $2 to $47, with investors transferring 23,968 stock units and Sygnus Credit Investments gained 30 cents ending at $17.60, after exchanging 56,530 shares.
At the close of the market, trading ended with three securities changing hands compared to five on Tuesday and closed with the price of one stock rising and two stocks declining.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ending with the bid higher than the last selling price and one with a lower offer.
At the close, the All Jamaican Composite Index rose 4,683.43 points to settle at 406,661.23, the Main Index gained 4,221.57 points to settle at 371,389.79 and the JSE Financial Index inched 0.62 points higher to settle at 96.91.
Trading ended with an average of 246,643 units changing hands at $1,217,931 for each security compared to an average of 184,185 shares at $670,702 on Monday. The average trade for the month to date ended at 215,025 units at $1,403,085 for each security, in contrast to 212,720 units at $1,416,583. Trading month to date compares adversely to August with an average of 497,441 units at $3,201,918.
NCB Financial Group carved out a loss $1 to end at $134 in an exchange of 22,133 shares, 138 Student Living declined by 38 cents in ending at $4.50 and exchanging 101 stocks. Portland JSX climbed $1.58 to $8.60, with just 69 stock units crossing the market, Proven Investments increased 40 cents to close at $37.50 after 4,999 units passed through the market, Pulse Investments rose 45 cents in ending at $4.65 as 5,368,622 stocks crossed the exchange. Sagicor Group carved out 35 cents rise to close at $44.50, with 23,149 units changing hands, Scotia Group gained $2.99 to end at $49 finished trading 679 shares, Seprod climbed 95 cents in closing at $55.95 and trading 19,699 units. Stanley Motta increased 51 cents to end at $5.13, with 109 stocks changing hands, Supreme Ventures gained 44 cents in closing at $13.99 in exchanging 88,979 shares and Sygnus Credit Investments declined by $1.20 to $17.30 and crossing the exchange with 11,240 units.
