Trading activity eases on JSE USD market

Trading pulled back on Tuesday from the heightened levels of Monday on the US dollar market of the Jamaica Stock Exchange, with the market index declining after trading 74 percent fewer shares than on Monday. 
Trading ended with five securities changing hands compared to eight on Monday and closed with prices of two rising, one declining and two remaining unchanged.
The JSE USD Equities Index dipped 3.59 points to 186.75. The average PE Ratio ended at 13.7 based on ICInsider.com’s forecast of 2020-21 earnings.
The market saw an exchange of 146,929 shares, for US$26,156 compared to  555,393 units at US$24,950 on Monday. Trading averaged 29,386 units at US$5,231, in contrast to an average of 69,424 shares at US$3,119 on Monday. Trading ended with an average of 51,134 units at US$4,516 for November.
Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment closed at 9 US cents, in trading 31 shares, Proven Investments lost 1.99 cents and ended at 24 US cents, after exchanging 75,413 shares, Sterling Investments lost half a cent to end at 2.45 US cents, with 5,000 stock units changing hands. Sygnus Credit Investments gained one-tenth of a cent to end at 16.6 US cents, in crossing the market with 47,956 shares and Transjamaican Highway ended at 0.90 of a US cent,  trading 18,529 stock units.

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

JSE Main Market gains 7% in November

Stocks put in a spirited run in November, rising 6.5 percent in the month to close at the highest level since April 14, at the close of the Jamaica Stock Exchange Main Market on Monday after more stocks advanced than declined, with an exchange of 93 percent fewer shares than on Friday.

JSE Main Market in a strong move since the start of November.

At the close, the All Jamaican Composite Index jumped 2,322.50 points to 438,045.18, the Main Index climbed 2,101.69 points to 399,576.1 and the JSE Financial Index gained 0.60 points to settle at 104.85.
Trading ended with 49 securities changing hands compared to 41 on Friday and closed with the prices of 23 stocks rising, 18 declining and eight remaining unchanged. The average PE Ratio ended at 16.2 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 16,714,722 shares for $170,632,583 compared to 229,254,233 units at $226,718,055 on Friday. Wigton Windfarm led trading with 29.4 percent of total volume, after exchanging 4.92 million shares, followed by Transjamaican Highway with 23.8 percent for 3.97 million units, QWI Investments with 14 percent share for 2.35 million units and Sagicor Group with 9.9 percent in trading 1.65 million units.
Trading averaged 341,117 units at $3,482,298 for each security, compared to 5,591,567 shares at  $5,529,709 on Friday. Month to date, the average ended at 623,120 units at $6,686,047 for each security, in contrast to 639,789 units at $6,875,412. October averaged 398,200 units at $4,622,532.
Investor’s Choice bid-offer indicator reading shows  14 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Barita Investments climbed $3.50 in closing at $88, after trading 229,432 shares, Berger Paints shed 45 cents to settle at $12.05, with 12,811 units in crossing the changing hands. Eppley Caribbean Property Fund climbed $4.90 to $44.90, in exchanging 62,793 shares, Grace Kennedy closed at $66.50, with a loss of 50 cents after a transfer of 63,330 shares, Jamaica Broilers Group gained 56 cents exchanging 10,323 units to close at $28.50. Jamaica Producers finished at $21, after gaining $1, with the transferring of 75,409 shares, Jamaica Stock Exchange rose $1.50 to $21 trading 39,878 units, Key Insurance gained 63 cents to end at $10.98, with 63,394 shares changing hands. Mayberry Investments lost 40 cents to end at $5.60 after 515 units passed through the market, NCB Financial Group dropped $2.49 to $146.01, in exchanging 14,630 units, Palace Amusement climbed $100 to $1,300 after clearing the market with 12 units. Pan Jam Investment advanced by $2.90 to close at $70, with 142,736 shares crossing the exchange, Sagicor Group rose $1 to $52 trading 1,647,769 shares, Salada Foods closed at $27, with a loss of $1 in trading 5,498 units. Scotia Group fell by $1.99 to $46 in exchanging 210,312 shares, Seprod gained $1.10 to end at $65.10, with a transfer of 18,206 units, Supreme Ventures shed 87 cents to finish at $16.63, with 23,840 stock units changing hands and Sygnus Credit Investments lost 69 cents trading 181,280 shares to end the day’s trade at $17.31.

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

JSE USD trading picks up

Trading picked up at the end of the month on Monday, with the US dollar market of the Jamaica Stock Exchange rising after exchanging 30 percent more shares changing hands than on Friday.  
Market activity ended with eight stocks trading, up from six on Friday and ended with the prices of four stocks rising, one declining and three remaining unchanged.
The JSE USD Equities Index advanced by 2.42 points to settle at 190.34. The average PE Ratio ended at 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with an exchange of 555,393 shares, at US$24,950 versus 427,882 units at US$13,880 on Friday.
Trading averaged 69,424 units at US$3,119, in contrast to 71,314 shares at US$2,313 on Friday. The average, month to date ends 51,134 units at US$4,516, compared to 49,490 units at US$4,641. October averaged 697,808 units for US$17,320.
Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, First Rock Capital Investment gained 0.35 of a cent to close at 9 US cents, in clearing the market with 10,820 shares, MPC Caribbean Clean Energy closed at US$1.15, with an exchange of 46 units. Productive Business Solutions gained 18 cents to end at 84 US cents after trading 5,952 stock units, Proven Investments advanced 0.99 of a US cent to finish at 25.99 US cents, after 14,259 shares crossed the exchange, Sterling Investments lost nine-tenths of a US cent to close at 2 US cents, with investors swapping 350,000 shares. Sygnus Credit Investments advanced 0.51 of a US cent to settle at 16.5 US cents after 51,732 shares crossed the market and Transjamaican Highway remained at 0.90 of a US cent, with 122,500 shares changing hands.
In the preference segment, Eppley 5% preference share closed at US$1.02, with investors swapping 84 units.

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

Gains piling up for JSE Main Market

Stocks mostly rose on the Main Market of the Jamaica Stock Exchange at the close on Friday after an exchange of more than 19 times the number of shares and a 24 percent increase in the value than on Thursday as the bullish tone of the market continues.
At the close, the All Jamaican Composite Index advanced 3,600.36 points to 435,722.68, the Main Index climbed 3,258.67 points to 397,474.41 and the JSE Financial Index gained 0.83 points to settle at 104.25.
Trading ended with stocks of 41 companies changing hands compared to 38 on Thursday with the prices of 17 stocks rising, 11 declining and 13 remaining unchanged.
The average PE Ratio closed at 15.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Investors exchanged 229,254,233 shares at $226,718,055 compared to 12,009,747 units at $182,824,365 on Thursday. Sagicor Select Financial Fund led trading with 95.3 percent of total volume, after exchanging 218.40 million shares followed by Wigton Windfarm with 2.1 percent of the day’s trade for 4.81 million units and Transjamaican Highway with 1.4 percent market share for 3.10 million units.
Trading averaged 5,591,567 units at $5,529,709 for each security, versus 316,046 shares at $4,811,167 on Thursday. Month to date average ended with 639,789 units at $6,875,412 for each security, compared to 382,145 units at $6,945,430. October averaged 398,200 units at $4,622,532.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of trading, Barita Investments gained 45 cents to settle at $84.50, in exchanging 101,656 shares, Caribbean Cement advanced by $2 to $61, with investors swapping 3,296 units, Eppley rose $2.20 to $24.45, after 19,640 stock units passed through the market. Grace Kennedy ended $3.86 higher at $67, with 328,868 shares changing hands, Jamaica Stock Exchange rose 88 cents to $19.50 after exchanging a mere 100 units, JMMB Group advanced by $2 to $35, in trading 334,276 shares. Key Insurance closed at $10.35 and rose to $1.75 after trading 287,658 shares, MPC Caribbean Clean Energy declined by $4.50 to $145.50, in crossing the market with 224 units, Pan Jam Investment fell $1.05 to $67.10 trading 25,670 stock units. Proven Investments climbed $2.22 to $39.02, with an exchange of 56 units, Scotia Group advanced $2.89 to $47.99, with investors swapping 45,993 stock units, Stanley Motta shed 80 cents to close at $4.70, in crossing the market with 5,500 units and Supreme Ventures loss of 50 cents to end at $17.50, after 145,808 shares passed through the market.

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

JSE USD market steadies

The Jamaica Stock Exchange US dollar market closed trading on Friday with the market slipping after the price of just one stock closed with a change and 888 percent more shares traded than on Thursday. 
At the close of the market, trading ended with six securities changing hands, the same as on Thursday and ended with the price of one rising and the five remaining unchanged.
The JSE USD Equities Index fell by 1.83 points to settle at 187.92. The average PE Ratio ended at 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 427,882 shares, for US$13,880 compared to 43,326 units at US$14,347 on Thursday. The daily trade averaged 71,314 units at US$2,313, in contrast to an average of 7,221 shares at US$2,391 on Thursday. Trading ended with an average of 49,490 units for the month to date at US$4,641, in contrast to 47,912 units at US$4,809. October averaged 697,808 units for US$17,320.
Investor’s Choice bid-offer indicator reading for the market shows one stock ending with the bid higher than the last selling price and none with lower offers.
At the close of the market, First Rock Capital Investment closed at 8.65 US cents trading 234 units, Margaritaville remained at 13 US cents, in crossing the exchange with 100 units, MPC Caribbean Clean Energy ended at US$1.15 after trading 30 units. Proven Investments closed at 25 US cents, after exchanging 19,400 stock units, Sygnus Credit Investments rose 0.49 of a cent to 15.99 US cents, with an exchange of 36,236 shares and Transjamaican Highway settled at 0.90 of 1 US cent, in a transfer of 371,882 shares.

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

Steady trading for JSE USD market

 The majority of stocks trading held their prices at the close of the US dollar market of the Jamaica Stock Exchange on Thursday with the market declining after an exchange of 81 percent fewer shares and 37 percent lesser value than on Wednesday.
At the close of trading six securities changing hands compared to four on Wednesday and ended with the price of one declining and five remaining unchanged.
The JSE USD Equities Index shed 0.92 points to 189.75. The average PE Ratio is 13.5 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 43,326 shares, for US$14,347 compared to 228,031 units at US$22,823 on Wednesday. The daily trade averaged 7,221 units at US$2,391, compared to 57,008 shares at US$5,706 on Wednesday. Trading ended with an average of 47,912 units for the month to date at US$4,809, in contrast to 51,083 units at US$4,998. October averaged 697,808 units for US$17,320.
Investor’s Choice bid-offer indicator reading for the market shows one stock ending with a higher bid than the last selling price and none with lower offers.
At the close of trading, Margaritaville closed at 13 US cents, trading 524 shares, Productive Business Solutions remained at 66 US cents, with an exchange of  29 units. Proven Investments ended at 25 US cents after a transfer of 22,692 shares, Sygnus Credit Investments remained at 15.50 US cents trading 8,753  stock units and Transjamaican Highway lost 0.03 of a cent to settle at 0.90 of 1 US cent with an exchange of 4,500 units.
In the preference segment, JMMB Group 6% preference share closed at US$1.05, after exchanging 6,828 units.

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

Rising stocks beat decliners 2 to 1

Prices mostly rose on Jamaica Stock Exchange Main Market on Thursday with slightly fewer shares trading than on Wednesday but with the value plunging 45 percent with fewer securities trading than the prior day.
At the close, the All Jamaican Composite Index slipped just 210.35 points to 432,122.32, the Main Index eased 230.64 points to 394,215.74 and the JSE Financial Index edged 0.02 points lower to 103.42.
Trading ended with 38 securities changing hands compared to 42 on Wednesday and closed with the prices of 21 stocks rising 10 declining and seven remaining unchanged. The average PE Ratio ended at 15.9 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 12,009,747 shares changing hands for $182,824,365 compared to 12,512,087 units at $330,562,424 on Wednesday. Sagicor Select Financial Fund led trading with 27.7 percent of total volume, after exchanging 3.32 million shares, followed by Sagicor Group with 18.1 percent of the day’s trade for 2.17 million units, Transjamaican Highway with 16.3 percent market share for 1.96 million units and Wisynco Group accounted for 14.6 percent with 1.75 million units changing hands.
Trading ended with an average of 316,046 units changing hands at $4,811,167 for each security, compared to an average of 297,907 shares at $7,870,534 on Wednesday. Month to date average ends at 382,145 units for $6,945,430, in contrast to 385,494 units at $7,053,566 on Tuesday. October averaged 398,200 units at $4,622,532. 
Investor’s Choice bid-offer indicator reading shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments lost 45 cents to end at $84.05, after trading 9,128 shares, Caribbean Cement dropped 50 cents to $59 after exchanging 5,685 units, Jamaica Broilers gained 85 cents in closing at $27.93, with 208,150 shares changing hands. Jamaica Stock Exchange finished at $18.62, after losing 38 cents and trading 232,575 shares, JMMB Group rose 65 cents to $33 in exchanging 54,100 units, Key Insurance lost 30 cents to end at $8.60 after transferring 12,009 stock units. Kingston Wharves climbed $2.75 to $48.45, with 1,375 shares changing hands, Mayberry Jamaican Equities closed 36 cents higher at $8.15 in exchanging 12,000 stock units, NCB Financial climbed $2.50 to $148.50, with a transfer of 58,915 shares. Palace Amusement jumped $100 to $1,200 after an exchange of 34 units, PanJam Investment gained $1.05 to close at $68.15, trading 31,652 stock units, Proven Investments fell by $1.88 to $36.80 after switching ownership of 9,831 shares. Sagicor Group rose 89 cents to $51, with 2,172,115 shares changing hands and Supreme Ventures gained $1.52 to close at $18 trading 45,204 shares.

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

JSE main market index rising

The market indices raced to big gains of more than 5,000 points in the first hour of trading on the Jamaica Stock Exchange Main Market on Wednesday but gave up a few thousand points before ending trading up by more than 3,000 points, although declining stocks outnumbered rising ones, almost two to one.
At the close, the All Jamaican Composite Index advanced by 3,396.16 points to 432,332.67, the Main Index climbed 3,018.17 points to 394,446.38 and the JSE Financial Index rose 0.33 points to settle at 103.44.
Trading ended with 42 securities changing hands compared to 45 on Tuesday and closed with the prices of 13 stocks rising, 24 declining and five remaining unchanged. The average PE Ratio ends at 15.8 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 73 percent fewer shares than on Tuesday as 12,512,087 shares traded for $330,562,424 compared to 46,789,600 units at $269,845,318 on Tuesday. Barita Investments led trading with 25.9 percent of total volume, after exchanging 3.24 million shares, followed by Transjamaican Highway with 19.4 percent of the day’s trade for 2.42 million units, Wigton Windfarm with 14.9 percent market share for 1.87 million units for 14.9 percent market share and QWI Investments accounted for 9.1 percent with 1.14 million units.
Trading averaged 297,907 units at $7,870,534 for each security, compared to 1,039,769 shares at $5,996,563 on Tuesday. The average trade for the month to date is 385,494 units at $7,053,566 for each security, compared to 390,690 units at $7,005,102 on Tuesday. October averaged 398,200 units at $4,622,532.
Investor’s Choice bid-offer indicator reading shows 10 stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, Berger Paints gained 65 cents to settle at $12.50, after exchanging 33,647 shares, Caribbean Cement lost $1.40 to close at $59.50, in trading 13,540 units, Eppley Caribbean Property Fund declined $4 to end at $40, with an exchange of 6,076 stock units. Grace Kennedy climbed $2.08 to $63.08, trading 47,479 shares, Jamaica Broilers shed 82 cents to $27.08 after swapping 36,110 shares, Jamaica Producers fell $1.71 to $20.03 after transferring 1,900 units. Jamaica Stock Exchange shed 90 cents to end at $19, with an exchange of 13,464 stocks, JMMB Group lost 65 cents to end at $32.35, in clearing the market with 127,898 shares, Kingston Wharves declined $3.15 to $45.70 trading 17,400 stock units. Mayberry Investments fell $1.05 to $5.95 after exchanging 40,850 stocks, MPC Caribbean Clean Energy climbed $11.99 to close at $150 after trading 292 units, NCB Financial gained 90 cents to end at $146, with 10,623 shares changing hands. Pan Jam Investment finished at $67.10, with gains of 60 cents after clearing the market with 18,832 units, Proven Investments lost 36 cents to settle at $38.68, with the swapping of 14,106 stock units, Pulse Investments ended at $4.58 after losing 31 cents and exchanging 443,745 shares. Salada Foods fell $1 to $28, in transferring 24,249 stock units, Scotia Group declined $1.71 to $45.14, in clearing the market with 11,685 units, Seprod shed 50 cents to settle at $64, with 1,163 stocks passing through the market. Sterling Investments gained 50 cents to end at $3.70, with the switching of 330 units, Supreme Ventures gained 48 cents to finish at $16.48 after trading 162,359 shares and Wisynco Group closed 49 cents higher at $16, with 437,353 stocks passing through the market.

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

JSE USD market gains

Prices of more stocks rose than fell on Wednesday, resulting in a rise in the US dollar market of the Jamaica Stock Exchange after trading 13 percent more shares than on Tuesday.
Trading ended with four securities changing hands, the same as on Tuesday and closed with the price of two stocks rising, one declining and one remaining unchanged.
The JSE USD Equities Index advanced by 2.39 points to 190.67. The average PE Ratio is 13.6 based on ICInsider.com’s forecast of 2020-21 earnings.
The market ended with 228,031 shares trading at $22,823 compared to 201,406 units at S$1,935 on Tuesday. Trading averaged 57,008 units for US$5,706, in contrast to an average of 50,352 shares at US$484 on Tuesday. The market closed with an average of 51,083 units at US$4,998 for the month to date, compared to 50,758 units at US$4,959 on Tuesday. October ended with an average of 697,808 units for US$17,320.
Investor’s Choice bid-offer indicator reading for the shows two stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Proven Investments lost half a cent to end at 25 US cents, after trading  12,853 shares, Sygnus Credit Investments gained 1.34 US cents to close at 15.50 US cents, with 117,690 stock units changing hands and Transjamaican Highway inched 0.08 of a cent higher, to end at 0.93 of one US cent, with 97,000 units crossing the exchange.
In the preference segment, Eppley 5% preference share closed at US$1.02, with an exchange of 488 units.

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

Bulls roll on at Exchange Place

The majority of stock trading rose on Tuesday on Jamaica Stock Exchange Main Market after an exchange of 68 percent more shares worth 62 percent more than on Monday.
At the close, the All Jamaican Composite Index climbed 2,982.72 points to 428,936.51, the Main Index rose 2,680.31 points to 391,428.21 and the JSE Financial Index gained 0.29 points to settle at 103.11.
Trading ended with 45 securities changing hands compared to 41 on Monday and closed with the prices of 24 stocks rising, 13 declining and eight ending unchanged. The average PE Ratio ends at 16 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading closed with 46,789,600 shares changing hands for $269,845,318 compared to 27,815,530 units at $166,571,949 on Monday.
Transjamaican Highway led trading with 46.5 percent of total volume, after exchanging 21.77 million shares, followed by Sagicor Select Financial Fund with 32.4 percent for 15.14 million units, JMMB Group with 11.4 percent market share for 5.34 million units and Wigton Windfarm accounted for 2.2 percent of trading with 1 million units.
Trading averaged 1,039,769 units changing hands at $5,996,563 for each security, compared to an average of 678,428 shares at $4,062,730 on Monday. Trading for the month to date averaged 390,690 units at $7,005,102 for each security, versus 346,635 units at $7,073,555 on Monday. October averaged 398,200 units at $4,622,532.
The Investor’s Choice bid-offer indicator reading shows 9 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close of the market, Caribbean Cement advanced $2.90 to $60.90 with the trading of 26,059 shares, Eppley fell $2.90 to $22.10, in exchanging 1,564 units, Eppley Caribbean Property Fund climbed $2.50 to $44, with 12,622 stock units changing hands. First Rock Capital shed 94 cents to end at $12.06 after exchanging 10,392 shares, Grace Kennedy gained $3 to close at $61, with the trading of 177,009 stocks, Jamaica Broilers rose $1.50 to $27.90 in switching ownership of 13,747 stock units. Jamaica Producers finished $1.68 higher at $21.74, after clearing the market with 2,188 units, JMMB Group rose $1.10 to $33, in an exchange of 5,338,124 shares, Kingston Properties climbed 50 cents to $7.48, with 2,025 units changing hands. Mayberry Investments ended $1.38 higher at $7 trading 50,100 shares, Mayberry Jamaican Equities gained 93 cents to finish at $7.93, with investors swapping 30,167 stock units, NCB Financial fell $3.40 to $145.10, with an exchange of 18,559 shares. Palace Amusement declined $200 to end at $1,100, in trading 5 stock units, Pan Jam Investment rose $1.50 to $66.50, after exchanging 2,067 stock units, Proven Investments gained 79 cents to close at $39.04, trading 2,785 units. Sagicor Group advanced $2 to $50 and ending with an exchange of 309,520 shares, Salada Foods climbed $4 to close at $29, trading 7,008 units, Seprod gained $1.50 to end at $64.50 after exchanging 19,273 stock units and Sterling Investments lost 50 cents to close at $3.20 transferring 255,264 shares.
In the preference segment, Community & Workers Credit Union lost 20 cents to close at an all-time low of $1.50 after trading 6,800 shares.

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