On the penultimate trading day of July, market activity ended with mixed on Thursday, just one stock separating stocks rising and declining after an exchange of 18 percent fewer shares, with 41 percent higher value than on Wednesday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index added just 48.11 points to end at 460,076.56, the JSE Main Index shed 405.69 points to finish at 420,886.99 and the JSE Financial Index slipped 0.23 points to 103.72.
Similar to Wednesday, 49 securities traded, with 20 rising, 19 declining and 10 remaining unchanged. The PE Ratio, a measure that determines appropriate stock values, averages 16.5 based on ICInsider.com’s forecast of 2021-22 earnings.
A total of 11,830,600 shares traded for $136,776,530 versus 14,440,911 units at $97,082,889 on Wednesday. Transjamaican Highway led trading with 38.8 percent after 4.59 million shares changed hands, followed by Radio Jamaica 13.2 percent, with 1.56 million units and QWI Investments 9.1 percent after an exchange of 1.08 million units.
Trading averaged 241,441 units at $2,791,358, compared to 294,712 shares at $1,981,283 on Wednesday. Trading month to date averages 321,606 units at $15,666,712, in contrast to 325,554 units at $16,300,774 on Wednesday. June ended with an average of 249,610 units at $3,877,606.
Investor’s Choice bid-offer indicator reading has nine stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rose $1.20 to end at $84.70 after exchanging 8,897 shares, Eppley popped $5.77 to $41.87 in trading 1,017 stocks, GraceKennedy lost 30 cents to finish at $99.70 in switching ownership of 117,507 stock units, Guardian Holdings shed $9 to $640 with the swapping of 3,932 units. Jamaica Broilers popped 49 cents to $36.49 in exchanging 6,875 shares, Jamaica Producers rallied $1.50 to $23.50 after transferring 1,500 units, Jamaica Stock Exchange rose 53 cents to $17.83 in trading 3,054 stocks. JMMB Group fell 48 cents to $37.40 with a transfer of 252,605 stock units, Kingston Properties gained 36 cents to end at $9.90 in switching ownership of 5,437 units. Mayberry Investments fell 20 cents to $5.70 in exchanging 11,932 stocks, NCB Financial declined $3 to $139 after 23,985 shares cleared the market. Palace Amusement popped $30 to close at $1,050 in switching ownership of 75 units, Pulse Investments lost 25 cents in closing at $3.76 with the swapping of 414,730 shares,
Sagicor Group declined $1 to $55 with 57,606 stock units crossing the market, Scotia Group spiked 50 cents to $41.50 with 446 units clearing the market and Supreme Ventures shed 50 cents at $20 in switching ownership of 10,621 stocks.
In the preference segment, JMMB Group 7% rose 24 cents to $1.84 in trading 541 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with five securities changing hands, up from four on Wednesday, with the prices of two rising, two declining and one remaining unchanged. The JSE USD Equity Index added 1.24 points to end at 186.73.
Investor’s Choice bid-offer indicator shows one stock ending, with the bid higher than the last selling price and three, with lower offers.
At the close at trading, the All Jamaican Composite Index bolted 4,368.07 points to 460,028.45, the JSE Main Index climbed 3,966.51 points to end at 421,292.68 and the JSE Financial Index rose 1.49 points to 103.95.
June ended with an average of 249,610 units at $3,877,606.
NCB Financial Group rose 50 cents to $142 with 8,605 stocks clearing the market, Palace Amusement shed $1 to end at $1,020 in transferring 67 units, Scotia Group popped $2.01 to $41 after 325,790 stock units crossed the exchange and Supreme Ventures advanced $1.25 to $20.50, with 708,931 shares changing hands.
Trading ended with four securities changing hands, compared to five on Tuesday, with the prices of two stocks rising and two declining.
Investor’s Choice bid-offer indicator shows one stock ended, with the bid higher than the last selling price and two with lower offers.
Trading ended with five securities changing hands, compared to six on Monday, with the prices of one stock rising and four declining.
At the close, First Rock Capital gained 0.74 of a cent to end at 7.9 US cents with 13,597 shares traded, Proven Investments dropped 2 cents to 23 US cents with an exchange of 4,332 stocks, Sygnus Credit Investments J$ denominated stock declined 0.7 of a cent to finish at 15.3 US cents with a transfer of 48 units. Sygnus Credit Investments US$ denominated stock fell 0.8 of a cent to 12.2 US cents with investors switching ownership of 10,250 stock units and Transjamaican Highway slipped 0.05 US of a cent to 0.88 of a US cent with 5,019 stocks crossing the exchange.
The All Jamaican Composite Index declined by 1,098.23 points to 455,660.38, the JSE Main Index dropped 1,177.18 points to end at 417,326.17 and the JSE Financial Index shed 0.31 points to close at 102.46.
Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and five with lower offers.
Proven Investments popped 89 cents to $34.99 with 33,406 units clearing the market, Sagicor Group rose $2.08 to $56 with 20,997 shares crossing the exchange, Scotia Group spiked 29 cents to $38.99, with 58,593 stocks trading. Seprod popped 50 cents to $70.50 in transferring 404,614 units, Sterling Investments shed 20 cents to end at $2.80 with the swapping of 350,000 stock units and Wisynco Group gained 29 cents to finish at $15.99 in switching ownership of 1,714,772 shares.
The All Jamaican Composite Index fell 1,091.39 points to 456,758.61, the JSE Main Index shed 853.02 points to end at 418,503.35 and the JSE Financial Index slipped 0.48 points to 102.77.
QWI Investments with 7.7 percent for 594,882 units.
Portland JSX advanced $1.20 to $9.20 with the swapping of 541 units, Proven Investments fell 90 cents to $34.10 after exchanging 15,417 shares, Radio Jamaica spiked 11 cents to end trading at a 52 weeks’ closing high of $2.15, with 578,444 shares clearing the market. Sagicor Group dropped $1.83 to $53.92 with the transfer of 55,508 units and Seprod gained 90 cents to end at $70 in exchanging 83,359 stocks.
Similar to Friday six securities traded, with two rising, two declining and two remaining unchanged.
At the close, First Rock Capital dipped 0.84 of a cent to 7.16 US cents with an exchange of 37,444 shares, Margaritaville remained at 9 US cents with 150 stock units traded, Proven Investments rose 1 cent to finish at 25 US cents with ownership of 30,400 stocks switching. Sygnus Credit Investments fell 1 cent to 13 US cents with a transfer of 11,163 units and Transjamaican Highway rallied 0.13 of a cent cents to 0.93 of a US cent with 332,495 stock units crossing the exchange.
Trading averaged 320,037 units at $2,141,728, compared to 240,337 shares at $897,464 on Thursday. Trading month to date averages 340,903 units at $18,719,581, in contrast to 342,188 units at $19,740,077 on Thursday. June ended with an average of 249,610 units at $3,877,606.
Palace Amusement dived $120 to $980 with 102 stocks crossing the exchange, Scotia Group lost 37 cents to $38.75 in trading 126,690 shares, Seprod rallied $1.98 to $69.10 in switching ownership of 90,663 stock units, Sterling Investments gained 20 cents to finish at $3 in exchanging 101,297 units and Supreme Ventures popped 30 cents to close at $19.25 with the swapping of 201,367 shares.
At the close, First Rock Capital gained 0.1 of a cent to close at 8 US cents, with 285 shares changing hands, Margaritaville settled at 9 US cents with an exchange of 30,000 units, Proven Investments ended at 24 US cents with 4,218 stocks traded. Sygnus Credit Investments rose 0.2 of a cent to 14 US cents, with a transfer of 7,427,937 stock units and Transjamaican Highway gained 0.05 of a cent to close at 0.8 of a US cent with 865,149 shares crossing the exchange.