Trading sank on the shortened trading session on Friday with 73 percent fewer shares changed hands than on Thursday, on the Jamaica Stock Exchange US dollar market, resulting in no stock recording gains and sending the market index into a decline for the day and for a shortened week.
Trading ended with five securities changing hands, compared to seven on Thursday with no stock rising, four declining and one remaining unchanged.
The JSE USD Equity Index lost 3.45 points to end at 207.40. The average PE Ratio ends at 13 based on ICInsider.com’s forecast of 2021-22 earnings.
Overall, 104,433 shares traded at US$1,085 versus 387,195 units at US$8,455 on Thursday.
Trading averaged 20,887 units at US$217, in contrast to 55,314 shares at US$1,208 on Thursday. Trading for the month to date averaged 50,431 units at US$2,165 in contrast to 56,586 units at US$2,571 on Thursday. March ended with an average of 68,746 units for US$13,137.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Capital dropped 0.05 of a cent in ending at 8.85 US cents, with 540 shares trading, Margaritaville fell 1 cent to 10 US cents while exchanging 28 units, Proven Investments remained at 25.5 US cents, with 291 stock units changing hands. Sygnus Credit Investments shed 0.05 of a cent to 14.95 US cents while exchanging 545 stock units and Transjamaican Highway dropped 0.02 of a cent to end at 0.95 of a US cent after 103,029 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index advanced 233.35 points to 433,000.56, the JSE Main Index rose 213.26 points to 394,522.77 and the JSE Financial Index inched 0.02 points higher to 99.20.
Trading averaged 174,888 units at $896,044, compared to 251,043 shares at $1,365,250 on Wednesday. Month to date trading averaged 222,197 units at $1,122,189, in contrast to 238,773 units at $1,201,422 on Wednesday. March closed with an average of 354,304 units at $2,543,232.
NCB Financial declined $2.15 to $137.01 in exchanging 21,614 units, Palace Amusement climbed $47.99 to $797.99, with 59 stock units crossing the exchange, Proven Investments advanced $1.94 to $35.94, with 34,871 units changing hands. Sagicor Group advanced $1 to $51, with 149,134 stocks clearing the market. Scotia Group shed $1.01 to close at $40.75, with 22,768 stock units changing hands and Seprod fell 90 cents to $72.10 in trading 4,269 stocks.
Seven securities traded, up from four on Wednesday, with three stocks rising, one declining and three remaining unchanged.
Proven Investments rose half a cent to 25.5 US cents with 14,806 stock units changing hands. Sterling Investments gained 0.3 of a cent to settle at 2.3 US cents with 14,311 stock units traded, Sygnus Credit Investments declined by 0.72 of a cent to 15 US cents with a transfer of 2,351 units and Transjamaican Highway advanced 0.02 of a cent to end at 0.97 of one US cent, with 350,003 units crossing the exchange.
The All Jamaican Composite Index declined 749.69 points to 432,767.21, the Main Index shed 681.03 points to 394,309.51 and the JSE Financial Index slipped 0.32 points to 99.18.
Investor’s Choice bid-offer indicator reading has ten stocks ending with bids higher than their last selling prices and one with a lower offer.
Proven Investments gained 30 cents to end at $34 with 14,564 units crossing the market, Sagicor Group declined $1 to $50 with the transfer of 44,058 shares. Scotia Group shed 24 cents to $41.76 after exchanging 414,769 stocks, Supreme Ventures advanced $1 to $16 in trading 227,034 stock units and Wisynco Group gained 32 cents to close at $15.35 with 154,453 units changing hands.
Just four securities traded, down from six on Tuesday and ended with two stocks rising, one declining and one remaining unchanged. The JSE USD Equity Index rose 3.83 points to end at 211.27, up 13.4 percent for the year to date.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with lower offers.
The All Jamaican Composite Index shed 2,556.74 points to close at 433,516.90, the Main Index declined 2,363.72 points to 394,990.54 and the JSE Financial Index fell 0.60 points to settle at 99.50.
Month to date trading averaged 232,155 units at $1,113,065 in contrast to an average of 354,304 units at $2,543,232 for March.
Palace Amusement climbed $74.35 to end at $799 in exchanging 160 stocks. Salada Foods shed 48 cents to $5.32 with an exchange of 573,683 shares, Scotia Group advanced $1.40 to $42 after transferring 301,254 stock units and Seprod fell $2 in closing at $73 in trading 16,367 units.
Six securities traded, down from seven on Thursday, ending with prices of two rising, two declining and two remaining unchanged.
At the close, First Rock Capital rose 0.19 of a cent to end at 8.9 US cents trading 29,292 stock units, Margaritaville settled at 11 US cents, with 1,838 stocks crossing the market, Proven Investments gained 0.05 of one cent to end at 25.5 US cents after trading 5,295 shares. Sterling Investments closed at 2 US cents, with 134,493 units changing hands, Sygnus Credit Investments declined 0.98 of a cent to 14.01 US cents in switching ownership of 63,828 stocks and Transjamaican Highway shed 0.12 of a cent to end at 0.82 US cents after exchanging 500,069 stock units.
At the close, the All Jamaican Composite Index jumped 3,214.49 points to 436,073.64, the JSE Main Index climbed 2,694.71 points to 397,354.26 and the JSE Financial Index gained 0.47 points to settle at 100.10.
Trading averaged 223,243 units at $734,494, compared to 358,011 shares at $2,776,372 on Wednesday. March closed with an average of 354,304 units at $2,543,232.
NCB Financial declined $1.50 to $137.50 with the swapping of 8,595 stock units, Palace Amusement jumped $84.65 to $724.65 after exchanging 61 shares, PanJam Investment fell $3 to $62.50 with the transfer of 21,432 stocks. Proven Investments shed $1.30 to close at $33.70 after 1,955 stock units crossed the exchange, Sagicor Group fell 88 cents to $51 in exchanging 59,338 stocks. Salada Foods ended 95 cents lower at $5.80 with 490,267 shares changing hands, Scotia Group slid 92 cents to $40.60 trading 11,420 stock units, Seprod climbed $5.30 to settle at $75 in exchanging 28,048 units and Supreme Ventures shed 51 cents to $14.89 in the swapping of 13,785 stocks.
Seven securities changing hands, compared to five on Wednesday, with prices of four rising, one declining and two remaining unchanged. The average PE Ratio ends at 13.8 based on ICInsider.com’s forecast of 2020-21 earnings.
Sterling Investments rose 0.02 of a cent to 2 US cents in trading 81,196 shares, Sygnus Credit Investments carved out a gain of 0.98 of a cent in closing at 14.99 US cents and exchanging 25,100 units and Transjamaican Highway increased 0.06 of a cent in closing at 0.94 of a US cent, with 1,200 stock units changing hands.
The All Jamaican Composite Index advanced 2,324.91 points to 432,859.15, the Main Index rose 2,055.33 points to 394,659.55 and the JSE Financial Index gained 0.40 points to settle at 99.63.
Investor’s Choice bid-offer indicator reading has twelve stocks ending with bids higher than their last selling prices and three with lower offers.
Proven Investments shed 90 cents to close at $35 with an exchange of 11,160 stocks, Sagicor Group advanced $1.89 to close at $51.88 in trading 480,479 shares, Salada Foods rose $1.30 to close at a 52 weeks’ high of $6.75 with a transfer of 13,442 stocks, Scotia Group gained 37 cents to close at $41.52 trading 46,641 units. Supreme Ventures rose 40 cents to close at $15.40 with the swapping of 180,570 stock units, Sygnus Credit Investments declined 47 cents to $14.50 trading 34,579 units, Victoria Mutual Investments advanced 44 cents to $5.89 with the swapping of 122,135 shares, Wisynco Group shed 34 cents to close at $15.11 in exchanging 62,400 shares.