Trading picks up for JSE USD market

Trading picked up on the US dollar market of the Jamaica Stock Exchange on Thursday, 88 percent more shares trading than on Wednesday, resulting in five securities changing hands compared to two on Wednesday and ending, with two stocks falling and the rest closing unchanged.
The JSE USD Equities Index increased 1.85 points to settle at 183.67, with the average PE Ratio ending at 12.6 based on IC Insider.com’s forecast of 2020-21 earnings.
The market closed with an exchange of 568,488 shares, accounting for US$67,244  compared to 302,184 units at US$71,447  on Wednesday.
The average trade for the day amounted to 113,698 units changing hands at US$13,449, in contrast to an average of 151,092 shares at US$35,724 on Wednesday. Trading ended, with an average of 91,171 units for the month to date at US$7,561 in contrast to 85,243 units at US$6,125. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows one stock ended with the bid higher than their last selling price and none closing with lower offers.
At the close of the market, Proven Investments remained at 24.8 US cents, with investors trading 309 shares. Sygnus Credit Investments declined by 1.9 US cents in closing at 13 US cents with investors switching ownership of 297,407 stocks and  Transjamaican Highway closed at 0.81 of a US cent in clearing the market with 250,001 stock units.
In the preference segment of the market, JMMB Group 5.75% remained at US$2.01 after an exchange of 5,200 stock units, JMMB Group 6% lost 10 US cents to settle at US$1.05 and finishing, with 15,571 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market dips on more volume

Trading picked up moderately on the Jamaica Stock Exchange Main Market on  Wednesday, with the market declining after thirteen percent more shares valued 40 percent more than on Tuesday.
At the close, the All Jamaican Composite Index declined by 1,062.87 points to 400,574.19, the Main Index shed 921.81 points to 365,654.61 and the JSE Financial Index remained unchanged at 96.29.
Trading ended with 40 securities changing hands compared to 43 on Tuesday and closed with the prices of 19 stocks rising, 11 declining and 10 remaining unchanged. The average PE Ratio of the market ended at 15.3 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 5,515,713 shares for $38,353,717 compared to 4,882,753  units at $27,414,421  on Tuesday. Transjamaican Highway accounted for 37.3 percent of stocks trading with 2.06 million shares, followed by Wigton Windfarm with 23.7 percent and 1.31 million units and Sagicor Select Financial Fund with 625,040 units for 11.3 percent market share.
Trading ended with an average of 137,893 units changing hands at $958,843, in comparison to an average of 113,552 shares at  $637,545 on Tuesday. The average trade for the month to date ended at 179,192 units at $1,254,388 for each security, in contrast to 185,696  units at $1,300,931. Trading month to date compares adversely to  August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows eight stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of the market, Caribbean Cement advanced $4.56 to settle at $47.95, with 512 shares clearing the market, Eppley Caribbean Property Fund rose 69 cents to close at $49.99, in exchanging 2,421 stock units, Jamaica Broilers lost 40 cents, to close at $24.60 in trading  9,590 stock units. Jamaica Producers declined by $1.85 to $19.15, with 5,992 units changing hands, Jamaica Stock Exchange gained 33 cents, in finishing at $18.95 with 17,418 stock units crossing the market, Kingston Wharves closed at $48.89, having gained 89 cents and trading 5,099 stock units. MPC Caribbean Clean Energy climbed $8 to close at $163, after exchanging 636 units, Palace Amusement climbed $200 in closing at $1,300 trading 10 units, Proven Investments declined by $1.80 to $34.10 with an exchange of 5,490 stock units. Sagicor Group gained 30 cents to close at $44.90, in transferring 24,509 stock units, Salada Foods dropped $1 to $27, with an exchange of 11,896 units, Scotia Group climbed $2 to $49 while trading 204,296 shares and Sygnus Credit Investments ended at $18, with gains of $1.45 in transferring 104,248 stock units.

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

Trading levels fall off for Main Market stocks

Stocks mostly rose on the Jamaica Stock Exchange Main Market on Tuesday after trading levels dropped sharply, with investors exchanging just 52 percent fewer shares than on Monday.
At the close, the All Jamaican Composite Index advanced by 1,674.54 points to 401,637.06, the Main Index carved out a gain of 1,545.95 points to 366,576.42 and the JSE Financial Index rose 0.12 points to close at 96.29.
Trading ended with 43 securities changing hands compared to 42 on Monday and closed with the prices of 18 stocks rising, 14 declining and 11 remaining unchanged. The average PE Ratio of the market ended at 15.2 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 4,882,753 shares for just $27,414,421 compared to  10,157,738 units at $50,769,890 on Monday. Transjamaican Highway accounted for 40.4 percent of total volume, with 1.97 million shares, followed by JMMB Group 7.50% with 17.7 percent or 863,196 units and Wigton Windfarm with 15.6 percent for 763,084 shares.
Trading ended with an average of 113,552 units changing hands at $637,545, in comparison to an average of  241,851 shares at $1,208,807 on Monday. The average trade for the month to date ended at 185,696 units at $1,300,931 for each security, in contrast to 200,398 units at $1,436,123 on Monday. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments advanced $1.75 in ending at $57 while exchanging 1,229 shares, Eppley Caribbean Property Fund climbed $1.30 to close at $49.30, with investors swapping 12,184  stock units, First Rock Capital gained 70 cents to end at $13.20, after clearing the market with 26,752 shares. Jamaica Broilers Group declined by 45 cents in closing at $25 and 33,295 shares crossing the exchange, Jamaica Stock Exchange carved out a gain of 62 cents to end at $18.62 trading 12,262 units, Mayberry Investments settled at $5.69, with a rise of 57 cents, with 2,000 units passing through the market. Mayberry Jamaican Equities shed 43 cents to end at $8.07 with investors swapping 122 stock units, NCB Financial fell 60 cents to settle at $135, after exchanging 48,381 shares, Palace Amusement dived $400 in closing at $1,100, in trading 20 shares. Proven Investments climbed $1.75 to settle at $35.90, with 1,191 units changing hands, Scotia Group lost $1 to end at $47 with 7,120 units crossing the exchange and Seprod climbed $1.40 to close at $52.40 with investors switching ownership of 63,478 shares.

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

JSE Main Market stocks drop

The Jamaica Stock Exchange Main Market ended trading on Monday, with the market declining after more stocks rising than falling after investors exchanged 70 percent more shares than on Friday.
At the close, the All Jamaican Composite Index declined by 2,285.96 points to 399,962.52, the Main Index lost 2,070.30 points to 365,030.47, while the JSE Financial Index shed 0.92 points to close at 96.17.
Trading ended with 42 securities changing hands compared to 44 on Friday, with the prices of 18 stocks rising, 14 declining and 10 remaining unchanged. The average PE Ratio ended at 15.1 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 10,157,738 shares for $50,769,890 compared to 5,964,029 units at $91,497,143 on Friday. TransJamaican Highway led trading with 6.48 million shares for 63.8 percent of total volume, followed by Wigton Windfarm with 1.61 million units for 15.8 percent of the day’s trade and Wisynco Group with 675,706 units for 6.7 percent market share.
Trading ended with an average of 241,851 units changing hands at $1,208,807 for each security, in comparison to an average of 135,587 shares at $2,080,159 on Friday. The average trade for the month to date ended at 200,398 units at $1,436,123 for each security, in contrast to 190,097 units at $1,492,616. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows ten stocks ending with bids higher than their last selling prices and two with lower offers.
At the close of the market, Barita Investments fell $1.75 in closing at $55.25 after exchanging 1,001 units, Berger Paints ended at $11, with a loss of $1, with 3,450 stock units changing hands, Caribbean Cement dropped $3.72 to settle at $43.27 trading 19,873 stock units. Eppley lost 50 cents in an exchange of 21,175 shares to end at $24, Eppley Caribbean Property Fund shed 94 cents to settle at $48, with 26,461 shares clearing the market, First Rock Capital finished at $12.50, after losing 68 cents trading 32,376 shares. Grace Kennedy advanced $1.49, ending at $57 with investors swapping 6,241 units, Jamaica Broilers gained 70 cents in closing at $25.45, with an exchange of 21,865 stock units, Jamaica Stock Exchange declined by $3 to settle at $18 after 101,669 shares changed hands. JMMB Group shed 49 cents to end at $29.51, in exchanging 143,462 stock units, Kingston Properties advanced $1.20 to $7.50 with an exchange of 15 stock units, Kingston Wharves gained 50 cents, trading 9,008 units to end at $48. Mayberry Jamaican Equities rose 50 cents to $8.50, with 133,975 shares changing hands,  MPC Caribbean Clean Energy climbed $5 to $155 and cleared the market with 549 units, NCB Financial fell $1.40 to $135.60, in exchanging 11,126 stock units. Proven Investments lost $1.85 to end at $34.15, after trading 2,105 units, Seprod dropped $2 to settle at $51 with investors switching ownership of  215,510 shares, Sterling Investments gained 30 cents ending at $3.20, with 62,334 stock units crossing the exchange and Sygnus Credit Investments climbed $1.75 to close at $16.80 trading 38,323 shares.

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

JSE stocks in post-election rise

More stocks fell than rose, Jamaica Stock Exchange Main Market, the day after the national election was held in the country, returning the governing party to office, with a strong mandate for another five years, winning 49 of the 63 seats up for grabs.
At the close, the All Jamaican Composite Index advanced 980.40 points to 402,248.48, the Main Index rose 858.57 points to 367,100.77 and the JSE Financial Index added 0.25 points to close at 97.09.
Trading ended with 44 securities changing hands compared to 38 on  Thursday, with the prices of 10 stocks rising, 21 stocks declining 13 remaining unchanged. One stock closed at an all-time high and one at an all-time low. The average PE Ratio of the market ended at 15.1 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with fewer shares than on Thursday, in an exchange of 5,965,849  shares for $91,526,991 compared to 7,819,711 units at $77,429,738 on Thursday. Wigton Windfarm led trading with 1.15 million shares for 19.2 percent of total volume, followed by Sagicor Select Financial Fund with 1.08 million units for 18.2 percent of the day’s trade and Wisynco Group with 1.06 million units for 17.9 percent market share.
Trading ended with an average of 135,587 units changing hands at  $2,080,159 for each security, in comparison to an average of 205,782  shares at  $2,037,625 on Thursday. The average trade for the month to date ended at 190,096  units at $1,492,616 for each security, in contrast to  209,284 units at $1,423,922. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows six stocks ending with bids higher than their last selling prices and one with lower offers.
At the close of the market, Berger Paints rose $1.10 to settle at $12 in exchanging  16,422 shares, Eppley climbed  $2.50 in closing at an all-time high of $24.50, with 12,797 stock units passing through the market, Eppley Caribbean Property Fund shed 81 cents to end at $48.94, in trading 10,501 units. First Rock Capital advanced by $1.28 to $13.18, with an exchange of 249 units, Grace Kennedy dropped $1.49, ending at $55.51 with a transfer of 311,465 shares, JMMB Group ended 90 cents lower to settle at $30 trading 118,235 shares. Key Insurance declined by $1.05 to settle at $8.10, in transferring 19,595 stock units, Kingston Properties fell by $1.39 to $6.30, while exchanging  100 units, Kingston Wharves closed $2.50 higher at $47.50, with an exchange of 8,801 units. NCB Financial declined $2 to $137, trading 194,240  shares, Portland JSX fell $1.48, in ending at $7.02 with 100 units changing hands. Salada Foods closed at $28, with a loss of $1 after trading 426 shares. Scotia Group climbed $1.98 to $48, with investors switching the ownership of 50 stocks, Seprod declined $2 to settle at $53, in exchanging 2,119 units, Supreme Ventures gained 31 cents to close $13.81, in transferring 8,819 stock units and Sygnus Credit Investments lost 30 cents to close at $15.05, with 5,368 stock units crossing the market.
In the preference segment, Productive Business Solutions 9.75% Preference share declined by $15 to settle at an all-time low of $80 in trading 1,000 stock units.

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

No losing JSE USD stocks on Friday

The US dollar market of the Jamaica Stock Exchange closed trading on Friday, with remaining unchanged after investors traded just half of the shares exchanged on Thursday.
At the close of the market, trading ended with three securities changing hands compared to two on Thursday and ended with the prices of the stocks remaining unchanged.
The JSE USD Equities Index settled at 183.44, without change and the average  PE Ratio ended at 12.7 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 398,737 shares, accounting for US$4,700 compared to 809,269 units at US$ 22,829 on Thursday. The average trade for the day amounted to 132,912  units changing hands at US$1,567, in contrast to an average of 115,610   shares at US$3,261 on Thursday. Trading ended with an average of 75,731 units for the month to date at US$2,332, in contrast to 63,478  units at US$2,496. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| 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 a lower offer.
At the close of the market, First Rock Capital Investment traded 4,806 to settle at 9 US cents, Proven Investments ended unchanged at 24.8 US cents, after exchanging 4,431 stock units and Transjamaican Highway ended at 0.81 US cent, with 389,500 shares passing through the market.

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

JSE Main Market gets election day bounce

With Thursday, being the day of Jamaica’s general election, the Jamaica Stock Exchange Main Market ended trading, rose with an equal number of stocks rising and falling, with seven percent more shares exchanged, with 90 percent greater value than on Wednesday.
At the close, the All Jamaican Composite Index surged by 1,988.44 points to 401,268.08. The Main Index climbed 1,851.55 points to close at 366,242.20. The JSE Financial Index gained 0.62 points to close at 96.84.
Trading ended with 38 securities changing hands compared to 45  on Wednesday, with the prices of 15 stocks rising, 15 declining and eight remaining unchanged. The average PE Ratio of the market ended at 15.4 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 7,819,711 shares for $77,429,738  compared to 7,341,364 units at $40,755,755 on Wednesday.
Wigton Windfarm led trading with 3.9 million shares for 50 percent of total volume, followed by Scotia Group with 1.18 million units for 15 percent of the day’s trade and Transjamaican Highway with 853,461 units for 11 percent market share.
Trading ended with an average of 205,782 units changing hands at  $2,037,625 for each security, in comparison to an average of 163,141  shares at  $905,683 on Wednesday. The average trade for the month to date ended at 209,284 units at $1,423,922 for each security, in contrast to  210,813 units at $957,419. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows five stocks ending with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Barita Investments jumped $3.50 to $57, trading 5,972 units, Caribbean Cement climbed $3.95 to $46.99, with investors switching ownership of 15,423 stock units, First Rock Capital shed 60 cents to close at $11.90 and 8,500  units passing through the market. Jamaica Producers fell $1 to $21, with 5,106 units crossing the market, JMMB Group rose  97 cents to close at $30.50, while transferring 41,850 shares. Key Insurance rose $1.94 to settle at $9.15, in an exchange of 184,302 shares, Kingston harves advanced to $45, with gains of $1 trading 7,600 units, NCB Financial ended 50 cents higher at  $138.01 with investors swapping 38,808 shares. PanJam Investment carved out an increase of $1 to settle at $70 in trading 450 units, Sagicor Group gained 77 cents to close at $44.77 after exchanging  63,545 units. Scotia Group ended with a loss of 71 cents to end at  $46.02, in clearing the market with 1,184,453 shares, Seprod gained 50 cents to finish at $55, trading  4,895 units and Supreme Ventures lost 30 cents ending at $13.50, with 5,173 units changing hands.
In the preference segment of the market, Community & Workers Credit Union preference shares gained 28 cents in trading 11,500 units to close at $1.98.

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

JSE USD Market slips modestly

The US dollar market of the Jamaica Stock Exchange closed trading on Thursday, with the market slipping after investors traded 51 percent fewer shares than on Wednesday.
At the close of the market, trading ended with four securities changing hands similar to Wednesday and ended with the price of two stocks rising, one declining and one remaining unchanged.
The JSE USD Equities Index sheds 2.96 points to settle at 183.44, with the average  PE Ratio ending at 12.7 based on IC Insider.com forecast of 2020-21 earnings. The market closed with an exchange of 809,269 shares, accounting for US$22,929 compared to 33,794 units at  US$3,639  on Wednesday.
The average trade for the day amounted to 202,317 units changing hands at  US$5,707, in contrast to an average of 8,449 shares at US$910  on Wednesday. Trading ended, with an average of 80,789   units for the month to date at US$3,177 in contrast to 11,346 units at US$1,731. By comparison,  August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| 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.
At the close of the market, First Rock Capital Investment carved out a gain of 0.92 of a US cent, ending at 8.95 US cents with 433 units changing hands, Proven Investments gained 0.80 of a cent trading 31,400 shares at 24.8 US cents. Sygnus Credit Investments traded 48,700 shares in closing at 13.5 US cents and Transjamaican Highway ended at 1 US cent in exchanging 708,836 shares.

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

Winning stocks lift JSE Main Market

The Jamaica Stock Exchange Main Market ended trading on Wednesday with a modest rise after shares gaining outnumbered those falling by a near two to one ratio after an exchange of 33 percent fewer shares with 96 percent of the value of stocks traded on Tuesday.
At the close, the All Jamaican Composite Index gained 884.00 points to close at 399,279.64, the Main Index advanced 900.71 points to 364,390.65 and the JSE Financial Index gained 0.27 points to close at 96.22.
Trading ended with 45 securities changing hands compared to 42  on Tuesday, with the prices of 21 stocks rising, 12  declining and 12 remaining unchanged. The average PE Ratio of the market ended at 15.4 based on IC Insider.com forecast of 2020-21 earnings.
The market closed with an exchange of 7,341,364 shares for $40,755,755  compared to 10,999,409 units at $42,539,683 on Tuesday. QWI Investments led trading with 2.54 million shares for 34.6 percent of total volume, followed  Wigton Windfarm with 1.48 million units for 20.2 percent of the day’s trade and Sagicor Select Financial Fund with 647,235 units for 8.8 percent market share.
Trading ended with an average of 163,141 units changing hands for the day at $905,683 for each security, in comparison to an average of 261,891 shares at $1,012,850 on Tuesday. The average trade for the month to date is 210,813  units at $957,419 for each security. Trading month to date compares adversely to August’s average of 497,441 units at $3,201,918.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading for the market shows four stocks ending with bids higher than their last selling prices and five with lower offers.
At the close of the market, Barita Investments advanced $1 to settle at $53.50, with an exchange of 9,486 stock units, Eppley dropped $2 to settle at $22, in transferring  574 units. Eppley Caribbean Property Fund climbed $2.90 to $49.90, in an exchange of  3,256 stock units, First Rock Capital rose 97 cents to close at $12.50 in trading  32,400 shares, Grace Kennedy gained 55 cents, after ending at $57 with 52,708 shares clearing the market. Jamaica Broilers Group shed 90 cents to end at $24.60 with investors switching ownership of 29,852 shares, Jamaica Producers Group advanced to $22, with gains of $2 and 32,899 shares changing hands, Key Insurance lost 34 cents to end at $7.21, with 5,536 stock units changing hands. Kingston Properties climbed  $1.52 and ended at $7.69, in trading 4,282 stock units, Kingston Wharves rose $2 to settle at $44 with investors swapping 9,554 stock units, NCB Financial Group climbed $2.50  to end at $138.50, in trading 58,879 shares. PanJam Investment rose $2.50 to settle at $69, after exchanging 955 units,  Seprod gained 50 cents in ending at $54.50, with 7,685 stock units passing through the market and Wisynco Group picked up 50 cents to close at $16.50 and 77,995 shares changing hands.
In the preference segment of the Main Market, Community & Workers Credit Union shed 30 cents to close at $1.70 as just 84 units changed hands.

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

Subdued JSE USD market activity

The US dollar market of the Jamaica Stock Exchange closed trading on Wednesday, with the market declining after investors traded 26 percent fewer shares than on Tuesday, resulting in stock rising in price at the close.

The JSE USD Market volume contracts.

At the close of the market, trading ended with four securities changing hands compared to three on  Tuesday, with the prices of no stocks rising,  one declining and three remaining unchanged.
The JSE USD Equities Index fell 0.42 points to 186.40, with the average PE Ratio ending at 12.7 based on IC Insider.com forecast of 2020-21 earnings. The market closed with an exchange of 33,794 shares for US$3,639 compared to 45,626 units at US$8,475 on Tuesday.
The average trade for the day amounted to 8,449 units changing hands at  US$910, in contrast to an average of 15,209 shares at US$2,825  on Tuesday. Trading ended, with an average of 11,346  units for the month to date at  US$1,731. By comparison, August ended with an average of 83,402 units for US$7,526.
IC bid-offer Indicator| 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.
At the close of the market, First Rock Capital Investment lost 0.92 of a US cent in closing at 8.03 US cents, with 4,000 units, Proven Investments remained at 24 US cents after exchanging 10,944 stock shares. Sygnus Credit Investments lost two-tenths of a cent in closing at 13.5 US cents with investors swapping 3,850 units and Transjamaican Highway slipped 0.01 of a cent and closed at 0.9 US cent, with 15,000 shares crossing the market.

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