More gains for JSE main Market

Trading activity ended on Friday with the market rising after more stocks advanced than declined, with 14 percent more shares changing hands with 64 percent less values than on Thursday, at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index rose 833.77 points to 436,595.98, the JSE Main Index advanced 740.65 points to 397,747.50 and the JSE Financial Index fell 0.54 points to settle at 99.44.
Trading ended with 47 securities, up from 45 on Thursday, with 18 stocks rising, 16 declining and 13 remaining unchanged. The PE Ratio based on ICInsider.com forecast of 2021-22 earnings averages 15.4.
The market closed with 15,472,941 shares trading for $89,310,861 compared to 13,523,122 units at $248,266,043 on Thursday. Wigton Windfarm traded 45.6 percent of total volume, with 7.05 million shares, followed by Stanley Motta with 12.2 percent after exchanging 1.89 million units and QWI Investments with 10.3 percent for 1.59 million units
Trading averaged 329,212 units at $1,900,231, compared to 300,514 shares at $5,517,023 on Thursday. Month to date trading averages 242,960 units at $1,537,268, in contrast to 231,331 units at $1,496,747 on Thursday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments fell $1.30 to $85.10 with the trading of 8,375 shares, Caribbean Cement climbed $3.50 to $73 after 6,582 units crossed the exchange, Eppley declined by $3 to $28 after trading 89,804 stock units. Eppley Caribbean Property Fund shed 52 cents in closing at $40.02, after exchanging 1,000 stocks Jamaica Broilers lost 20 cents to finish at $29.30 with 17,536 shares changing hands. Jamaica Producers ended 25 cents lower at $25 in the swapping of 26,570 units, Jamaica Stock Exchange fell 40 cents to $17.60 after exchanging 31,336 stock units, Kingston Wharves rose 30 cents to $43.80 with a transfer of 3,116 shares, NCB Financial dropped $4.49 to $138.50 with the swapping of 264,173 units. Palace Amusement climbed $69 to close at $809 after trading 11 units, Portland JSX advanced 89 cents to $8 with investors switching ownership of 30,200 units, Proven Investments shed 70 cents in closing at $36 in an exchange of 10,779 stock units. Scotia Group lost 24 cents in closing at $41.75 in switching ownership of 89,361 shares. Seprod rose $1.10 to end at $76.60 after 12,053 stocks crossed the exchange, Supreme Ventures gained 49 cents to close at $16 with a transfer of 38,806 shares and Wisynco Group rose 73 cents to $15.83 in the swapping of 36,486 units.
In the preference segment, JMMB Group 7.25% rose 24 cents ending at $1.83 in trading 1,250 units.

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

Bears halt another big move

Bulls made a gallant attempt to push the Jamaica Stock Exchange Main Market up another 3,000 plus points on Thursday, following Wednesday’s healthy rise, but the early gains were whittled away as market activity ended, with just a few hundred points rise in the indices at the close.
The All Jamaican Composite Index advanced 375.09 points to 435,762.21, the JSE Main Index rose 322.43 points to 397,006.85, and the JSE Financial Index gained 0.36 points to end at 99.98.
Trading ended with 45 securities, down from 47 on Wednesday with prices of 19rising, 12 declining and 14 remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 15.3.
The market closed with 36 percent more shares traded with a value that was 527 percent greater than on Wednesday, resulting from 13,523,122 shares trading for $248,266,043, up from 9,910,014 units at $39,590,810 on Wednesday. Jamaica Producers led trading with 44.9 percent of total volume for 6.07 million shares, followed by Transjamaican Highway with 15 percent for 2.03 million units, Wigton Windfarm accounted for 14.7 percent with 1.99 million units and Caribbean Cement with 7.9 percent for an exchange of 1.07 million units.
Trading averaged 300,514 units at $5,517,023, compared to an average of 210,851 shares at $842,358 on Wednesday. Month to date trading averages 231,680 units at $1,486,157, in contrast to 223,508 units at $1,007,558 on Wednesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has seven stocks ending with bids higher than their last selling prices and one with lower offers.
At the close, Caribbean Cement declined $2.50 in closing at $69.50 after an exchange of 1,065,806 shares, Eppley Caribbean Property Fund dropped $3.85 to $40.54, with 210 units changing hands, Jamaica Producers advanced $1.25 to a 52 weeks’ high of $25.25 in trading 6,066,805 shares. The gain follows the announcement that the company is acquiring 50 percent shares in the UK based shipping line, Geest Line Limited. Key Insurance picked up 38 cents to end at $5.96 in a transfer of 80,438 units, Mayberry Investments lost 20 cents to close at $5.15 in trading 18,224 stocks, Palace Amusement dropped $55 in ending at $740 with the swapping of 51 shares. PanJam Investment shed 49 cents to close at $62 in an exchange of 169,406 stock units, Proven Investments rose 71 cents to $36.70 trading 24,702 stocks. Sagicor Group fell 60 cents to finish at $50 after 9,782 shares crossed the exchange.

Salada Foods gained 35 cents ending at $5.20 with an exchange of 5,775 stock units, Scotia Group closed 54 cents higher at $41.99 with the swapping of 2,624 shares, Seprod rose 50 cents to close at $75.50, trading 9,402 units and Supreme Ventures gained 49 cents and ended at $15.51 in the transfer of 52,263 shares.

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

Big surge in trading on the USD market

Trading picked up on Thursday 1,119 percent more shares than on Wednesday, resulting from an exchange of 1,746,755 shares with a value of US$158,764 up from 143,305 units at US$21,406 on Wednesday on the US dollar market of the Jamaica Stock Exchange.
Seven securities traded, compared to five on Wednesday, with prices of three rising, one declining and three remaining unchanged.
The JSE USD Equity Index lost 2.77 points to end at 205.51. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 12.7.
Thursday’s trading averaged 249,536 units at US$22,681, compared to 28,661 shares at US$4,281 on Wednesday. Trading month to date averages 71,365 units at US$5,128 compared to 44,829 units at US$2,514 on Wednesday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows one stock ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital increased 0.05 of a cent to end at 8.9 US cents in an exchange of 23,212 shares, Margaritaville ended at 9 US cents in exchanging  3,762 units, Proven Investments advanced 0.5 of one cent in closing at 25.5 US cents with the swapping of 526,688 units, following an announcement that the company is acquiring yet another company. Sterling Investments declined 0.24 cents to end at 2.05 US cents, with 14,632 stock units changing hands, Sygnus Credit Investments increased 1 US cent to close at 15 US cents after trading 102,502 shares and Transjamaican Highway settled at 0.92 of one US cents trading 1,075,935 units.
In the preference segment, Equityline Mortgage Investment preference share settled at US$2 in an exchange of 24 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big gains for JSE Main Market

The market gained in trading on Wednesday after advancing stocks outdistanced declining ones by a third, after 38 percent less funds traced stocks than on Tuesday, as the Main Market of the Jamaica Stock Exchange closed.
The All Jamaican Composite Index jumped 3,638.22 points to 435,387.12, the JSE Main Index climbed 3,316.85 points to 396,684.42, and the JSE Financial Index gained 0.79 points to settle at 99.62.
Trading ended with 47 securities, down from 50 on Tuesday and closed with prices of 18 stocks rising, 14 declining and 15 remaining unchanged. The PE Ratio averages 15.5 based on ICInsider.com’s forecast of 2021-22 earnings.
The market closed with 9,910,014 shares trading for $39,590,810 compared to 9,823,398 units at $63,848,406 on Tuesday. Wigton Windfarm led trading with 52.4 percent of total volume for 5.20 million shares, followed by Transjamaican Highway with 18.5 percent for 1.83 million units and JMMB Group 7.35% due 2028 with 7.1 percent for 701,195 units.
Trading averaged 210,851 units at $842,358, compared to 196,468 shares at $1,276,968 on Tuesday. Month to date averages 223,508 units at $1,007,558, in contrast to 225,299 units at $1,030,945 on Tuesday. March averaged 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement declined $1.20 to $72 trading 9,767 shares, Eppley Caribbean Property Fund climbed $3.94 to $44.39 with an exchange of 786 stocks, First Rock Capital shed 55 cents to finish at $16 in transferring 5,434 stock units. Jamaica Producers ended $3.30 higher at $24 with the swapping of 100,583 shares, Jamaica Stock Exchange rose 95 cents to $17.95 with 3,250 stock units changing hands. Key Insurance shed 32 cents to close at $5.58 after 107,594 units crossed the market, Kingston Wharves finished 39 cents lower at $43.50 in exchanging 2,542 stocks. NCB Financial advanced $2.96 to $142.95 after trading 23,531 shares, Palace Amusement dropped $19 to close at $795 in switching ownership of 72 stock units, Proven Investments rose 99 cents to end at $35.99 in the swapping of 245,561 stocks. Sagicor Group gained 60 cents to settle at $50.60 with 3,166 shares changing hands, Scotia Group picked up 44 cents to end at $41.45 trading 103,584 stock units and Seprod rose 50 cents to close at $75 in switching ownership of 10,543 shares.

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

JSE USD market slips back

Trading ended on Wednesday, with the market slipping mildly after trading eight percent fewer shares than on Tuesday, resulting in more stocks falling than rising at the close of the US dollar market of the Jamaica Stock Exchange.
Five securities traded, down from seven on Tuesday, with one rising, three declining and one trading unchanged.
The JSE USD Equity Index lost 1.69 points to end at 208.28. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 12.7.
Overall, 143,305 shares traded, for US$21,406, down from 155,664 units at US$24,831 on Tuesday.
Trading averaged 28,661 units at US$4,281, from 22,238 shares at US$3,547 on Tuesday. Trading month to date averaged 44,829 units at US$2,514 versus 46,753 units at US$2,303 on Tuesday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital lost 0.05 of a cent to close at 8.85 US cents trading 2,440 shares, Proven Investments ended at 25 US cents, as 30,000 units crossed the market, Sterling Investments gained 0.22 of a cent to end at 2.29 US cents with the swapping of 15,367 shares. Sygnus Credit Investments lost 0.01 of a cent to close at 14 US cents with an exchange of 95,198 stock units and Transjamaican Highway shed 0.04 of a cent in ending at 0.92 of a US cent, with 300 stock units changing hands.

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

JSE majors bounce

The number of securities trading remains elevated as the market index ended higher at the close of market activity on Tuesday, but with a 51 percent fall in the volume of stocks trading at a 31 percent higher value than on Monday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index advanced 1,001.85 points to 431,748.90, the JSE Main Index rose 718.11 points to 393,367.57 and the JSE Financial Index gained 0.36 points to settle at 98.83.
Trading ended with 50 securities, up from 48 on Monday and closed with prices of 17 stocks rising, 17 declining and 16 remaining unchanged. The PE Ratio averages 15.3 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 9,823,398 shares traded for $63,848,406 compared to 20,114,270 units at $48,738,713 on Monday. Transjamaican Highway led trading with 27.9 percent of total volume for 2.74 million shares, followed by Wigton Windfarm with 21.3 percent and 2.09 million units and Jamaica Broilers 8.1 percent with 799,061 units trading.
Trading on Tuesday averaged 196,468 units at $1,276,968, compared to 419,047 shares at $1,015,390 on Monday. Month to date averages 225,299 units at $1,030,945, versus 230,411 units at $987,324 on Monday. March closed with an average of 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints lost 30 cents in closing at $12.01 after trading 16,258 shares, Caribbean Cement advanced $1.20 to $73.20 in an exchange of 6,029 shares, Eppley rose $1 to $31 with 409 units changing hands, Eppley Caribbean Property Fund dropped $4.05 to $40.45 after 520 shares crossed the exchange. Grace Kennedy gained 30 cents to close at $87.50 trading 27,043 stocks, Jamaica Broilers rose $1 to $29.50 with an exchange of 799,061 stock units, Jamaica Producers fell 60 cents to finish at $20.70 in the swapping of 88,069 shares. Jamaica Stock Exchange declined $1 to $17 after the trading of 100,679 stock units, JMMB Group lost 19 cents to close at $31.76 in switching ownership of 67,567 shares, Key Insurance rose 35 cents to $5.90 in exchanging 43,833 units. Margaritaville declined $2 to end at a 52 weeks’ low of $31 with a transfer of 1,000 units, Mayberry Investments gained 25 cents to close at $5.35 with 5,776 shares clearing the market, Mayberry Jamaican Equities rose 61 cents to $7.79 in exchanging 381 stock units. MPC Caribbean Clean Energy declined $1 to end at a 52 weeks’ low of $128 in switching ownership of 199 units, NCB Financial Group climbed $2.98 to $139.99 trading 19,240 stock units, Proven Investments shed 50 cents to close at $35 in the swapping of 42,727 shares. Sagicor Group climbed $2.30 to $50, trading 18,739 units, Scotia Group advanced $1.01 to $41.01 with the transfer of 13,932 stock units. Seprod gained $1 to settle at $74.50 trading 20,144 stocks, Supreme Ventures fell $1 to $15.10 with 135,475 units changing hands and Victoria Mutual Investments ended 30 cents lower at $5.30 with 266,003 shares crossing the market.
In the preference segment, Eppley 8.25% lost 15 cents to close at $6.10 with 3,039 stock units clearing the market and JMMB Group 7.25% rose 32 cents to end at a 52 weeks’ high of $2.46 in exchange of 100 units.

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

Trading dips on the JSE USD market

Trading on Tuesday ended with the market rising moderately after trading 55 percent fewer shares than on Monday, at the close of the US dollar market of the Jamaica Stock Exchange, resulting in more stocks falling than rising.
Seven securities changed hands, compared to six on Monday, with one rising, three declining and three closing unchanged.
The JSE USD Equity Index gained 1.32 points to end at 209.97. The average PE Ratio closed at 12.7 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 155,664 shares traded for US$24,831 versus 345,477 units at US$9,126 on Monday.
Trading averaged 22,238 units at US$3,547, in contrast to 57,580 shares at US$1,521 on Monday. Trading month to date averages 46,753 units at US$2,303 in contrast to 51,657 units at US$2,054 on Monday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and one with a lower offer.
At the close, First Rock Capital traded 39,486 shares in closing at 8.9 US cents, Margaritaville finished at 9 US cents in exchanging 2,866 stock units, Proven Investments fell 0.1 of a cent to 25 US cents with the swapping of 44,630 units. Sterling Investments shed 0.22 of a cent to close at 2.07 US cents while exchanging 13,942 shares, Sygnus Credit Investments fell 0.99 of a cent to 14.01 US cents while exchanging 32,350 stock units and Transjamaican Highway rose 0.11 of a cent to 0.96 of a US cent after exchanging 20,020 stocks.
In the preference segment, JMMB Group 5.75% closed at US$2.05 after trading 2,370 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks day

Market activity recorded a big bounce on Monday, from Friday’s very low level of trading and ended with the volume of stocks traded surging 121 percent and the value up 436 percent over Friday’s tepid levels, with more stocks falling than rising, at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index declined 1,972.70 points to 430,747.05, the Main Index shed 1,779.46 points to 392,649.46 and the JSE Financial Index slipped 0.32 points to 98.47.
Trading ended with 48 securities, down from 49 on Friday and closed with prices of 11 stocks rising, 23 declining and 14 remaining unchanged. The PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings averages 15.4.
The market closed with 20,114,270 shares trading for $48,738,713, up from 3,755,183 units at $22,081,750 on Friday. Wigton Windfarm dominated trading with 72.1 percent of total volume for 14.50 million shares followed by Sagicor Select Financial Fund with 8.6 percent for 1.72 million units and Salada Foods with 3.8 percent market share for 765,951 units.
Trading averaged 419,047 units at $1,015,390, compared to 76,636 shares at $450,648 on Friday. Month to date trading averaged 230,411 units at $987,324, in contrast to 191,717 units at $981,567 on Friday. Trading month to date compares to 354,304 units at $2,543,232.
Investor’s Choice bid-offer indicator reading has 10 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 50 cents to $86.50 with 8,094 shares changing hands, Berger Paints fell 88 cents to close at $12.31 in the swapping of 5 shares, Caribbean Cement gained 38 cents to end at $72 with a transfer of 9,741 stocks. Carreras lost 20 cents to finish at $8.80, with 188,295 units clearing the market, Eppley dropped $4.09 to end at $30 after exchanging 160 shares. First Rock Capital rose 54 cents to $16.55 with 1,002 stock units crossing the market, Grace Kennedy shed 70 cents to close at $87.20 in exchanging 25,206 stock units, Jamaica Broilers declined 50 cents to $28.50 with investors switching ownership of 44,922 units. Jamaica Stock Exchange dipped 49 cents to $18 trading 1,565 shares, Mayberry Jamaican Equities finished 62 cents lower at $7.18 after exchanging 9,100 units, MPC Caribbean Clean Energy fell $1 to a 52 weeks’ low of $129 after a transfer of two units, Palace Amusement climbed $16.01 to $814 with an exchange of 193 stocks. Proven Investments gained 50 cents to end at $35.50 with 4,266 shares clearing the market, Sagicor Group declined $2.30 to end at $47.70 in trading 24,000 stock units, Salada Foods fell 20 cents to $5 with 765,951 units changing hands. Scotia Group fell 70 cents to $40 in switching ownership of 48,277 shares, Supreme Ventures rose 60 cents to $16.10 in the swapping of 17,031 units and Wisynco Group lost 60 cents to close at $15 trading 102,762 stock units.
In the preference segment, JMMB Group 7.25% gained 14 cents to close at $1.59 after an exchange of 8,442 stocks.

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

JSE USD stocks mostly fall

Trading picked up with a 231 percent rise in the volume of shares on Monday than on Friday, on the US dollar market of the Jamaica Stock Exchange, resulting in more stocks falling than rising, but the market index still manages to squeeze out a narrow gain.
Trading ended with six securities changing hands, compared to five on Friday with prices of two stocks rising, four declining and none remaining unchanged.
The JSE USD Equity Index gained 1.25 points to end at 208.65. The average PE Ratio based on ICInsider.com’s forecast of 2021-22 earnings, ended at 12.7.
Overall, 345,477 shares traded, for US$9,126 compared to 104,433 units at US$1,085 on Friday.
Trading averaged 57,580 units at US$1,521, in contrast to 20,887 shares at US$217 on Friday. Trading month to date averages 51,657 units at US$2,054 versus 50,431 units at US$2,165 on Friday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and one with a lower offer.
At the close, First Rock Capital gained 0.05 of a cent to close at 8.9 US cents in switching ownership of 839 shares, Margaritaville fell 1 cent to 9 US cents after trading 3,975 units, Proven Investments declined by 0.4 of a cent to end at 25.1 US cents, with 9,555 stock units changing hands. Sterling Investments lost 0.01 of a cent in ending at 2.29 US cents with an exchange of 2,348 units, Sygnus Credit Investments rose 0.05 of a cent to 15 US cents after trading 23,723 shares and Transjamaican Highway lost 0.1 of a cent in closing at 0.85 US cents after exchanging 305,037 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market slips into the weekend

Trading ended with the market declining on the shortened Friday session with the market closing after just two hours of activity in keeping with scheduled early closure, which led to sharply reduced activity rising of 55 percent fewer shares with a value that was 49 percent less than on Thursday on the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index fell 280.81 points to settle at 432,719.75, the JSE Main Index lost 93.85 points to 394,428.92 and the JSE Financial Index lost 0.41 points to end at 98.79.
Overall 49 securities traded versus 48 on Thursday with 16 rising, 15 declining and 18 ending unchanged. The PE Ratio averages 15.6 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 3,755,183 shares traded for $22,081,750 compared to 8,394,618 units at $43,010,092 on Thursday. Wigton Windfarm led trading with 40.3 percent of total volume for 1.51 million shares, followed by Key Insurance 10.8 percent, with 407,418 units and Transjamaican Highway with 8.3 percent for 311,804 units.
Trading averaged 76,636 units at $450,648, compared to 174,888 shares at $896,044 on Thursday. Trading month to date averaged 191,717 units at $981,567, in contrast to 222,197 units at $1,122,189 on Thursday. Trading month to date compares adversely to March with an average of 354,107 units at $2,572,127.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Berger Paints advanced 89 cents to finish at $13.19 with 100 shares traded, Caribbean Cement dropped $2.36 to $71.62 with a transfer of 833 units, Eppley Caribbean Property Fund jumped $4.11 to $44.50 with an exchange of 100 stocks. Jamaica Broilers fell 30 cents to $29 with investors switching ownership of 65,501 shares, Jamaica Producers declined by 70 cents to settle at $21.30 with 100 units changing hands, Jamaica Stock Exchange climbed $1.19 to $18.49 with 1,250 stocks traded. JMMB Group dropped 85 cents to $31.85 with 17,666 shares changing hands, Margaritaville rose $1 to $33, with a transfer of 100 units, Mayberry Investments lost 37 cents to end at $5.10 with an exchange of 55,300 stocks. Proven Investments fell 94 cents to $35 with 82 shares passing through the market, Sagicor Group declined by $1 to close at $50 with 13,238 units changing hands, Seprod climbed $1.40 to $73.50 with 5,127 shares traded. Supreme Ventures fell 60 cents to $15.50 with a transfer of 291,969 stocks and Wisynco Group gained 43 cents to finish at $15.60 with 36,182 units crossing the exchange.
In the preference segment, JMMB Group 7.25% lost 15 cents to close at $1.45 with 474 shares changing hands.

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