Stocks mostly rose on the US dollar market of the Jamaica Stock Exchange at the close of trading on Friday after trading 546 percent more shares than on Thursday, as Sygnus Credit Investments with more than 650,000 shares and Transjamacian traded more than 400,000 units pushed up the volume of shares that changed hands.
Sygnus Credit Investments hit new highs in the US market.
Trading ended with four securities changing hands compared to five on Thursday and closed with prices of three stocks rising, none declining and one remained unchanged.
The JSE USD Equities Index shed 2.05 points to settle at 193.73. The average PE Ratio ended at 13.9 based on ICInsider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 1,125,027 shares, accounting for US$106,525 compared to 174,197 units at US$30,301 on Thursday. The average trade amounts to 281,257 units changing hands at US$26,631, in contrast to an average of 34,839 shares at US$6,060 on Thursday.
Trading ended with an average of 43,798 units for the month to date at US$5,653, in contrast to 22,210 units at US$3,746. October ended well above November’s average, with an average of 697,808 units for US$17,320.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows three stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, First Rock Capital Investment added 0.01 of a cent and ended at 8.64 US cents, with the swapping of 1,962 units, Proven Investments gained 0.65 of a cent to close at 25.95 US cents, after an exchange of 25,526 stock units, Sygnus Credit Investments gained 1.92 US cents to settle at 16.42 US cents trading 659,560 shares and Transjamaican Highway was unchanged at 0.9 of a US cent, with 437,979 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close, the All Jamaican Composite Index shed 1,633.76 points to 414,251.62, the Main Index declined by 1,510.85 points to 377,828.83 and the JSE Financial Index slipped just 0.01 point to settle at 99.37. The average PE Ratio ended at 15.4 based on ICInsider.com’s forecast of 2020-21 earnings.
Trading ended with an average of 297,192 units changing hands at $8,760,017 for each security, versus an average of 320,366 shares at $5,764,643 on Thursday. The average trade for the month to date ended at 263,467 units at $4,232,434 for each security, in contrast to 259,799 units at $3,740,044 on Thursday. Trading month to date compares adversely to October’s average of 398,200 units at $4,622,532.
MPC Caribbean Clean Energy dropped $5 in closing at $135 after clearing the market with 3,413 units. Palace Amusement declined $145.12 to end at $1,100.01, with 20 units crossing the exchange, Pan Jam Investment shed 51 cents to settle at $61 while trading 7,280 units, Portland JSX finished at $8, with a loss of 99 cents and 1,813 units trading. Proven Investments climbed $3.39 to $39.89 and finishing with an exchange of 38,609 shares, Sagicor Group fell $1 to $49 after 35,711 shares crossed the market, Scotia Group gained 40 cents to close at $48.15 trading 312,940 shares and Seprod ended 50 cents higher at $64, with an exchange of 12,704 stock units.
At the close, the All Jamaican Composite Index advanced 2,871.01 points to 415,885.38, the Main Index climbed 2,587.62 points to 379,339.68 and the JSE Financial Index added 1.05 points to settle at 99.38.
The average traded was 320,366 units changing hands at $5,764,643 for each security, compared to 575,470 shares at $4,947,800 on Wednesday. The average trade for the month to date ends at 259,799 units at $3,740,044 for each security, in contrast to 252,610 units at $3,499,735 on Wednesday. Trading month to date compares adversely to October’s average of 398,200 units at $4,622,532.
Scotia Group rose $1.75 to $47.75, after trading 80,862 shares, Seprod closed $1.50 higher at $63.50, with investors switching ownership of 29,826 stock units, Sygnus Credit Investments gained 80 cents to end at $17.80, in exchanging 554,552 units. Victoria Mutual Investments rose 38 cents to end at $5.79, with 99,884 shares changing hands and Wisynco Group gained 32 cents to close at $15.26 after 119,591 stocks passed through the market.
At the close of the market, trading ended with five securities changing hands compared to three on Wednesday and closed with the prices of two stocks rising, two declining and one remaining unchanged.
At the close of the market, First Rock Capital Investment lost 0.02 of a cent to settle at 8.63 US cents trading 500 units, Proven Investments fell seven-tenths of a cent to 25.30 US cents in exchanging 110,257 shares, Sterling Investments gained nine-tenths of a cent to close at 2.85 US cents, with 352 units changing hands. Sygnus Credit Investments rose 1.4 cents to end at 14.50 US cents, in trading 7,533 stock units and Transjamaican Highway unchanged at 0.9 of a US cent, with 55,555 shares crossing the market.
At the close, the All Jamaican Composite Index lost 18.27 points and closed at 413,014.37, the Main Index shed 21.33 points to 376,752.06, but the JSE Financial Index gained 0.17 points to settle at 98.33.
Trading ended with an average of 575,470 units changing hands at $4,947,800 for each security, compared to 200,644 shares at $2,777,019 on Tuesday. The average trade for the month to date ends at 252,610 units at $3,499,735 for each security, in contrast to 205,389 units at $3,287,944. Trading month to date continues to compare adversely to October’s average of 398,200 units at $4,622,532.
Kingston Wharves rose $2.25 to $48.95 after clearing the market with 3,837 units. Mayberry Jamaican Equities gained 42 cents to close at $7.50, with 77,364 shares changing hands, MPC Caribbean Clean Energy dipped $8, in ending at $142 with the trading of 382 units, Pan Jam Investment gained 99 cents to close at $63.99, in trading 3,719 units. Proven Investments declined $2.43 to $36.07, with 4,000 units crossing the exchange, Salada Foods fell $1.90 to $26.39, after an exchange of just one tock unit, Scotia Group advanced $1.39 to $46, with the swapping of 159,766 shares. Seprod dropped $2 to $62 in exchanging 9,908 stock units, Supreme Ventures rose 44 cents to close at $15.89 trading 38,592 stock units and Sygnus Credit Investments lost 45 cents in closing at $17, with a transfer of 42,707 shares.
Trading ended with an average of 200,644 units at $2,777,019 for each security, in comparison to an average of 305,645 shares at $4,326,426 on Monday. The average trade for November to date ends with 205,389 units at $3,287,944 for each security, in contrast to 206,115 units at $3,366,085. Trading month to date continues to compare adversely to October’s average of 398,200 units at $4,622,532.
First Rock Capital closed at $12.50, after losing $1.43 and trading 46,329 stock units, Jamaica Broilers climbed $2.79 to $27.94, with an exchange of 8,766 shares, Jamaica Producers gained 57 cents in closing at $21.75, with a transfer of 235,267 units. Jamaica Stock Exchange settled at $18.48, with gains of 67 cents after crossing the market with 11,465 stock units, Kingston Wharves declined $2.25 to $46.70, trading 532 units, Mayberry Jamaican Equities lost 42 cents to settle at $7.08, in trading 2,997 shares. MPC Caribbean Clean Energy gained $1.50 to $150, with 1,360 units changing hands, 138 Student Living rose 75 cents to $4.60, in exchanging 30 shares, Pan Jam Investment shed 95 cents and ended at $63, with 13,491 stock units crossing the exchange, Proven Investments gained 50 cents to close at $38.50, with investors swapping 20,539 stock units and Wisynco Group lost 50 cents to finish at $15, after exchanging 115,122 shares.
At the close of the market, trading ended with five securities changing hands compared to seven on Monday and closed with the prices of one stock rising, one declining and three remaining unchanged.
At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows two stocks ending with bids higher than their last selling prices and one with lower offers.
Trading ended with 40 securities changing hands compared to 44 on Friday and closed with the prices of 16 stocks rising, 14 declining and 10 ending unchanged. The average PE Ratio ends at 15.4 based on ICInsider.com’s forecast of 2020-21 earnings.
First Rock Capital gained 73 cents trading 47,343 shares to close at $13.93. Jamaica Broilers fell $1.35 to $25.15, with an exchange of 219,898 shares, Jamaica Producers rose $1.58 to $21.18 trading 10,972 units, Jamaica Stock Exchange lost 64 cents to settle at $17.81, with 8,699 units crossing the market Kingston Wharves advanced $3.38 to $48.95, after clearing the market with 4,517 units, MPC Caribbean Clean Energy climbed $7.50 to settle at $148.50, in trading 100 units, 138 Student Living declined $1.04 to $3.85 after 9,491 units crossed the market, Proven Investments fell $1.80 to $38, in an exchange of 3,097 units. Sagicor Group climbed $6 to $48, with 2,694,651 shares changing hands, Seprod advanced $3.96 in closing at $63.96, with investors swapping 2,790 units and Supreme Ventures gained 50 cents exchanging 38,023 shares to close at $15.50.
The market closed with an exchange of 246,227 shares, accounting for US$69,436 compared to 28,919 units at US$4,294 on Friday.
Proven Investments lost one-tenth of a cent and ended at 26.9 US cents, with an exchange of 22,666 stocks. Sterling Investments shed 1 US cent to end at 2 US cents after exchanging 57,000 units, Sygnus Credit Investments advanced half a cent to close at 13.5 US cents passing through the market 8,036 units and Transjamaican Highway settled at 0.9 US cent in trading 8,810 shares.
Trading month to date compares adversely to October’s average of 398,200 units at $4,622,532.
MPC Caribbean Clean Energy dropped $9 to close at $141, in exchanging100 units, NCB Financial finished at $133.90, with gains of 30 cents after an exchange of 22,786 stock units, PanJam Investment rose 95 cents to end at $63.95, with the trading of 632 units. Portland JSX lost 97 cents ending at $8.99, with a transfer of 36,015 stock units, Proven Investments advanced $4.80 to settle at $39.80, with 3,440 stock units crossing the exchange, Sagicor Group fell $2 to end at $42 and clearing the market with 13,510 units. Scotia Group rose 80 cents in closing at $45, with an exchange of 3,820 units, Seprod declined by $4 to end at $60, with 17,581 stock units passing through the market, Stanley Motta gained 85 cents to settle at $5.50, after exchanging 107 units and Victoria Mutual Investments lost 40 cents to close at $5.35 after trading 26,384 stock units.