Volatility continues to hit the Jamaica stock market, with Sagicor Group jumping $10.95, Caribbean Cement rising $5.50, Eppley Carib Fund rising $4.53 and Scotia Group increasing by $1.70 on Friday, as the JSE Main Market continues to consolidate.
The Main Market of the continued to trek upward, with the JSE All Jamaican Composite Index advancing 1,739.78 points to close at 549,514.06, the JSE Market Index added 1,697.56 points to 500,463.33 and the JSE Financial Index gained 0.78 points to 135.65.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 16 declining and 11 trading firm. The JSE Main Market activity ended with 41 securities accounting for 25,178,696 units valued at $85,865,743 in contrast to 15,500,355 units valued at $47,239,549 from 38 securities on Thursday.
Wigton Windfarm dominated trading with 11.7 million shares for 47 percent of total volume. Sagicor Select Financial Fund followed with 7.1 million units for 28 percent of the day’s trade, and QWI Investments with 1.8 million shares for 7 percent of the market’s volume.
The Market closed with an average of 614,115 units valued at an average of $2,094,286 for each security traded, in contrast to 407,904 units at $1,243,146 on Thursday. The average volume and value for the month to date amounts to 626,134 units valued at $3,511,981 for each security changing hands, compared to 626,696 units valued at $3,584,638 for each security traded. 
Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows 16 stocks ending with bids higher than their last selling prices and one closing with lower offers. The PE ratio of the market ended at 20, while the Main Market ended at 19.3 times 2019 earnings.
In the Main Market, Barita Investments closed $1 lower to $71, with 24,067 shares changing hands, Caribbean Cement advanced $5.50 to $74.50 trading 50,898 shares. Eppley Caribbean Property Fund climbed $4.53 to $41.53 transferring 3,400 units, Jamaica Broilers jumped $3.75 to $38.75, in swapping 101,867 units, Jamaica Producers ended $1 higher to $26, with an exchange of 12,360 units, Jamaica Stock Exchange gained $1.50 to settle at $32 trading 14,194 shares. JMMB Group rose 50 cents to $46.50, in exchanging 60,083 shares, Kingston Wharves dropped $2 to end at $66, in transferring 4,310 units, Mayberry Jamaican Equities gained 70 cents to close at $11.20, with 749,858 shares changing hands. 
NCB Financial declined by 57 cents to $188.98, after with 55,928 shares changing hands, PanJam Investment lost 90 cents transferring 9,892 shares and closed at $100, Sagicor Group soared $10.95 to $79.95 in exchanging 61,692 shares. Scotia Group closed at $55.70, after gaining $1.70 after swapping 31,812 shares, Seprod lost 90 cents transferring 15,552 shares to end at $46.10, Sygnus Credit Investments closed 50 cents higher to $26.50, with an exchange of 37,121 shares and Victoria Mutual Investments ended the day’s at $10.70, after rising 92 cents and trading 207,567 units.
Trading in the US dollar market ended with 235,954 units valued at over US$135,101. The market index slipped 1.73 points to close at 230.48. JMMB Group 5.75 % preference share lost 10 US cents to close at US$2 after trading 2,785 units, JMMB Group 6 % preference share ended 4 US cents lower after swapping 82,532 units and settled at US$1. Margaritaville traded 3,000 units at 31 US cents, after losing 1 cent and Proven Investments lost 1 cent to end at 32 US cents in transferring 147,637 units.
JSE Main Market volume drops
Volume trading on the Main Market of the Jamaica Stock Exchange fell sharply to half of Wednesday’s level while the value of all stocks trading fell to just 15 percent of that on Wednesday.
The JSE Main Market activity ended with 38 securities accounting for 15,500,355 units valued at just $47,239,549 in contrast to 31,689,008 units valued at $315,401,563 from 37 securities on Wednesday.
At the close, the JSE All Jamaican Composite Index advanced 2,193.77 points to 547,774.28, the JSE Market Index added 1,969.79 points to close at 498,765.77 and the JSE Financial Index gained 0.22 points to end at 134.87.
Trading closed with 42 securities changing hands in the Main and US dollar markets with the prices of 8 advancing, 26 declining and eight trading firm.
Wigton Windfarm dominated trading with 7.6 million shares for 49 percent of total volume, followed by Sagicor Select Financial Fund with 3.7 million units for 24 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 1.2 million shares for 7.6 percent of market volume. QWI Investments, with 1.015 million shares, was the only other stock trading more than one million units.
The market closed with an average of 407,904 units at $1,243,146 for each security traded, in contrast to 856,460 units valued at an average of $8,524,367 on Wednesday. The average volume and value for the month to date amounts to 626,696 units valued at $3,584,638for each security changing hands, compared to 636,606 units valued at $3,530,001 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows eleven stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19.5, while the Main Market ended at 18.7 times the 2019 earnings.
In the Main Market, Barita Investments climbed $2 to $72 in transferring 42,496 shares, Berger Paints lost 50 cents to close at $16.50, with an exchange of just 90 units, Caribbean Cement settled at $69, having lost $1 in trading 2,432 shares. Grace Kennedy lost 39 cents to close at $74.61, with 5,584 units changing hands, Jamaica Producers gained 50 cents to end at $25, after transferring 3,024 units, Jamaica Stock Exchange dropped $2.30 to settle at $30.50 trading 98,732 shares. 
JMMB Group slipped $1 to $46, with an exchange of 86,252 shares, Mayberry Jamaican Equities closed $1 lower to $10.50 transferring 21,350 shares, MPC Caribbean Clean Energy fell $6 to end at $202, after swapping 106 units. NCB Financial Group declined by 25 cents to $189.55, after exchanging 20,814 shares, Sagicor Group ended at $69, after a loss of $1, in trading 71,403 stock units, Sagicor Real Estate Fund gained 80 cents to settle at $9.80, with 204,747 shares changing hands. Seprod lost $1 transferring 10,826 shares to close at $47, Sygnus Credit Investments closed 50 cents lower to $26, with an exchange of 2,474 shares and Victoria Mutual Investments ended the day’s trade at $9.78, after losing 75 cents in trading 329,895 units.
Trading in the US dollar market ended with 34,345 units valued at over US$11,249. The market index declined 5.47 points to close at 232.21. JMMB Group 5.75% preference share closed at US$2.10, with 1,600 units changing hands. Margaritaville Turks traded 14,000 units at 32 US cents, Proven Investments lost 2 US cents to settle at 31 US cents after transferring 3,745 units and Sygnus Credit Investments gained just under 1 US cent in trading 15,000 units to end at 16 US cents.
Gains for JSE Main Market
Market activity on the Jamaica Stock Exchange on Wednesday resulted in the primary indices regaining some of the ground lost on Tuesday.
JSE All Jamaican Composite Index advanced 3,933.74 points to close at 545,580.51, the JSE Market Index rose 3,479.77 points to 496,795.98 and the JSE Financial Index gained 0.13 points to 134.65.
The market closed with 40 securities changing hands in the Main and US dollar markets with the prices of 18 advancing, 15 declining and 7 trading firm. The JSE Main Market activity ended with 37 securities accounting 31,689,008 units valued at $315,401,563 in contrast to 59,431,667 units valued at $248,389,025 from 39 securities on Tuesday.
Sagicor Select Financial Fund dominated trading with 10.6 million shares 34 percent of total volume, followed by Sagicor Select Manufacturing and Distribution with 9.2 million units for 29 percent of the day’s trade, and JMMB Group with 4.3 million shares for 14 percent of the market’s volume. Stocks trading more than one million units were Carreras with 1.1 million shares, QWI Investments with 1.6 million and Wigton Windfarm with 2.6 million.
The Market closed with an average of 856,460 units valued at an average of $8,524,367 for each security traded, in contrast to 1,606,261 units at an average of $6,713,217 on Tuesday. The average volume and value for the month to date amounts to 636,606 units valued at $3,530,001 for each security changing hands, compared to 626,463 units valued at $3,287,493 for each security traded. 
Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 19.7, while the Main Market ended at 18.9 times 2019 earnings.
In the prime market, Barita Investments closed 50 cents lower to $70, with 59,808 units changing hands, Berger gained 45 cents to settle at $17 trading 600 stock units, Caribbean Cement ended $1 higher at $70, in transferring 1,921 shares. Carreras closed at $8, after gaining 50 cents exchanging 1,126,500 shares, Eppley Caribbean Property Fund fell $1.03 to $37, in swapping 19,450 stock units, Grace Kennedy climbed to $75, after gaining $5 trading 7,756 units, Jamaica Producers lost 50 cents to end at $24.50, with an exchange of 1,600 shares. Kingston Wharves rose by $2 to $68 after transferring 1,318 units, MPC Caribbean Clean Energy dived $22 to settle at $208, with 291 stock units changing hands, NCB Financial rose by $3.90 to $189.80, after swapping 212,529 shares, PanJam Investment lost $1 to end at $101 trading 3,401 stock units. 
Proven Investments added 60 cents to close at $49.60, in an exchange of 30,331 shares, Scotia Group ended the day’s trade at $54, after losing $2.10 and trading 70,606 units, Seprod gained $2 in transferring 13,957 stock units to end at $48. Supreme Ventures closed $1.99 higher at $23, with an exchange of 14,810 shares. Sygnus Credit Investments climbed $1.50 to $26.50, in swapping 6,031 shares, Victoria Mutual Investments closed 99 cents lower to $10.53, after exchanging 331,360 units and Wisynco Group added $1.65 to settle at $23.50 trading 251,469 shares. Productivity Business Solution preference share, fell $20 to a 52 weeks’ low of $80 with 10,000 shares trading.
Trading in the US dollar market ended with 6,663 units valued at over US$1,170. The market index advanced 7.18 points to close at 237.68. Proven Investments gained 2 US cents to close at 33 US cents, with an exchange of 1,000 units, Sterling Investments exchanged 500 units at 3 US cents and Sygnus Credit Investments lost 0.6 of a cent in trading 5,163 units to end at 15.4 US cents.
6,000 points JSE all Jamaica Index slash
The Main Market of the Jamaica Stock Exchange declined sharply at the close of trading on Tuesday, knocking over 6,000 points from the market, as one stock each closed at a 52 weeks’ high and low.
At the close, the JSE All Jamaican Composite Index dropped 6,294.13 points to close at 541,646.77, the JSE Market Index dived 5,702.93 points to 493,316.21 and the JSE Financial Index lost 1.10 points to 134.52.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 10 advancing, 24 declining and 5 trading firm. The JSE Main Market activity ended with 37 securities accounting 59,431,667 units valued at $248,389,025 in contrast to 36,855,891 units valued at $103,713,861 from 42 securities on Monday.
Sagicor Select Financial Fund dominated trading with 40.9 million shares, for 69 percent of total volume. Wigton Windfarm followed with 8.9 million units for 15 percent of the day’s trade and QWI Investments with 2.1 million shares for 3.6 percent of the market’s volume as it closed at an all-time low of 89 cents. Stocks trading more than one million units were Carreras with 1 million shares, Grace Kennedy with 1 million, JMMB Group with 1.5 million and Sagicor Select Manufacturing and Distribution Fund with 1.9 million.
The Market closed with an average of 1,606,261 units valued at an average of $6,713,217 for each security traded, in contrast to 877,521 units valued at an average of $2,469,378 on Monday.
The average volume and value for the month to date amounts to 626,463 units valued at $3,287,493 for each security changing hands, compared to 579,074 units valued at $3,112,683 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.6, while the Main Market ended at 18.9 times the 2019 earnings.
In the prime market, Barita Investments lost 50 cents to close at $70.50 after trading 14,125 units, Carreras dropped 64 cents lower to a 52 weeks’ low of $7.50, with an exchange of 1,016,361 shares, Grace Kennedy tumbled $7.50 to $70, in swapping 1,003,358 shares. Jamaica Broilers closed $2 lower to $35 after transferring 141,357 shares, Jamaica Producers dropped $1.01 to end at $25, with 42,437 units changing hands. JMMB Group lost 50 cents, trading 1,464,220 shares to close at $47. Kingston Wharves climbed $5 to $66, in swapping 2,745 units, Mayberry Jamaican Equities ended at $11.50, after losing 40 cents and transferring 1,252 units. MPC Caribbean Clean Energy lost $1 to settle at $230, with and exchange of 230 units, NCB Financial Group, lost $3.60 and ended at $185.90 after trading 31,257 shares. PanJam Investment gained $1 to end at $102, with 33,318 units changing hands, Portland JSX added 50 cents to finish at a 52 weeks’ high of $9.50, in swapping 23,255 units, Proven Investments closed $1 higher to $49, in an exchange of 3,299 shares, Sagicor Group lost 99 cents to close at $70 trading 145,285 shares. 
Scotia Group settled at $56.10, after losing 88 cents in exchanging 16,726 shares, Seprod dropped $3 trading 4,200 shares and ended at $46, Supreme Ventures closed $1.99 lower to $21.01, with 81,460 units changing hands. Sygnus Credit Investments lost $1.50 to close at $25, in transferring 62,072 shares, Victoria Mutual Investments ended $1.29 lower to $11.52, trading 414,870 units and Wisynco Group gained 85 cents, after swapping 457,653 shares and closed at $21.85.
Trading in the US dollar market ended with 135,360 units valued at over US$42,019. The market index nosedived 11 points to close at 230.50 with Margaritaville trading 4,700 units to close at 32 US cents, after gaining half of 1 US cent and Proven Investments losing 3 US cents to settle at 31 US cents, with 130,660 units changing hands.
JSE Main Market picks up 3,000 points
The Main Market of the Jamaica Stock Exchange closed on Monday with gains in the two major indices as the market continues its daily seesaw movement.
At the close, the JSE All Jamaican Composite Index advanced 2,954.43 points to close at 547,940.90, the JSE Market Index gained 2,657.81 points to 499,019.14 and the JSE Financial Index climbed 1.53 points to 135.62.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 14 advancing, 20 declining and 11 trading firm. The JSE Main Market activity ended with 42 securities accounting 36,855,891 units for $103,713,861 in contrast to 22,042,921 units valued at $194,024,950 from 41 securities on Friday.
Sagicor Select Financial Fund dominated trading with 17.5 million shares for 47.5 percent of total volume, followed by Wigton Windfarm with 10.7 million units for 29 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 3.3 million shares for 9 percent of the market’s volume. QWI Investments with 1.3 million shares and 3 percent of the market trade, was the only other stock trading more than one million units, as it closed at an all-time low of 93 cents.
The Market closed with an average of 877,521 units valued at an average of $2,469,378 for each security traded, in contrast to 537,632 units valued at an average of $4,732,316 on Friday. The average volume and value for the month to date amounts to 579,074 units valued at $3,112,683 for each security changing hands, compared to 561,737 units valued at $3,152,220 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows ten stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times the 2019 earnings.
In the prime market, Barita Investments lost 35 cents to close at $71, in an exchange of 8,892 units, Caribbean Cement dropped $3 to $69 in trading 4,744 shares, Eppley closed 50 cents higher to $14, with 520,474 shares changing hands. Jamaica Broilers climbed $1.51 to $37, in swapping 201,824 shares, Jamaica Producers lost 49 cents to end at $26.01, transferring 100 units, Jamaica Stock Exchange closed at $33, after losing $1 exchanging 79,592 shares. JMMB Group
gained $2.50 trading 92,261 shares and closed at $47.50, Kingston Wharves tumbled $8 to $61, in exchanging 1,258 units, Mayberry Jamaican Equities rose 88 cents to $11.90, after transferring 5,280 units. 
NCB Financial closed at $189.50, after losing $3.50 in trading 70,527 shares, PanJam Investment closed $1 lower at $101, with 17,178 units changing hands, Portland JSX gained 58 cents to settle at $9, in swapping 5,000 units, Proven Investments closed $1.50 lower at $48, in an exchange of 6,879 shares. Pulse Investments gained 95 cents to settle at $6.65, in transferring 171,832 shares. Sagicor Group added 99 cents to end at $70.99, with a transfer of 195,354 shares, Sagicor Real Estate Fund lost 35 cents to settle at $9 trading 52,137 shares, Scotia Group advanced to $56.98, having gained $3.97 in exchanging 12,100 shares. Supreme Ventures closed $1 higher to end at $23, with 45,273 units changing hands, Sygnus Credit Investments lost 43 cents to close at $26.50, in swapping 46,961 shares, Victoria Mutual Investments closed 64 cents lower to $12.81 trading 391,531 units and Wisynco Group slipped $1.50 to $21, with 204,925 units changing hands.
Trading in the US dollar market ended with 25,203 units valued at over US$10,758. The market index advanced 8 points to close at 241.59. JMMB Group 5.75% traded 3,000 units at US$2.10, Proven Investments gained 1 US cents to close at 34 US cents in exchanging 4,714 shares and Sygnus Credit Investments lost 1 US cent to end at 16 US cents in swapping 17,489 shares.
JSE Main Market falls
The Main Market of the Jamaica Stock Exchange closed with a moderate fall on Friday as declining stocks outnumbered advancing stocks by 36 percent.
At the close, the JSE All Jamaican Composite Index lost 1,023.16 points to close at 544,986.47, the JSE Market Index dropped 907.78 points to 496,361.33 and the JSE Financial Index gained 0.69 points to 134.09.
The market closed with 45 securities changing hands in the Main and US dollar markets with the prices of 14 advancing, 19 declining and 12 trading firm. The JSE Main Market activity ended with 41 securities accounting 22,042,921 units valued at $194,024,950 in contrast to 22,654,582 units valued at $171,374,765 from 42 securities on Thursday.
Wigton Windfarm dominated trading with 8.4 million shares for 38 percent of total volume, followed by Sagicor Select Financial Fund with 5.8 million units for 26 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 2.4 million shares for 11 percent of the market’s volume. QWI Investments with 1.8 million shares or 8 percent of the market changing hands, was the only other security trading more than one million units.
The Market closed with an average of 537,632 units valued at an average of $4,732,316 for each security traded, in contrast to 539,395 units valued at an average of $4,080,352 on Thursday. 
The average volume and value for the month to date amounts to 561,737 units valued at $3,152,220 for each security changing hands, compared to 563,186 units valued at $3,051,311 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows five stocks ending with bids higher than their last selling prices and two closing with lower offers. The PE ratio of the market ended at 19.9, while the Main Market ended at 19.1 times the 2019 earnings.
In the prime market, Barita Investments lost 65 cents trading 24,674 units in closing at $71.35, Caribbean Cement advanced $4.44 to $72, with 7,375 shares changing hands, Eppley closed 90 cents lower to $13.50 after transferring 3,605 stock units. Grace Kennedy lost $1.50 to end at $77.50, after swapping 12,295 shares, Jamaica Broilers gained $1.49 to settle at $35.49 after exchanging 39,326 stock units, Jamaica Producers Group added 66 cents to close at $26.50 with 12,462 shares changing hands. Jamaica Stock Exchange ended 95 cents lower at $34 in trading 29,089 shares. Kingston Wharves climbed $4 to $69, in swapping 4,763 units, NCB Financial Group gained $3 to settle at $193, with an exchange of 445,524 shares, PanJam Investment closed $1.50 higher to $102 in transferring 299,006 units. Portland JSX lost 57 cents, ending the day’s trade at $8.42 and 1,050 units traded, Proven Investments closed 50 cents lower at $49.50, in swapping 10,070 shares, Pulse Investments declined $1.17 to $5.70, with 349,702 shares changing hands. 
Sagicor Group advanced $5.25 to end at $70 after transferring 56,597 shares, Sagicor Real Estate Fund gained 35 cents to settle at $9.35 after trading 43,800 shares. Scotia Group declined $1.20 to $53.01, in swapping 133,078 stock units, Seprod lost 50 cents to end at $49 exchanging 3,160 units, Supreme Ventures dropped $1.20, to settle at $22, with an exchange of 35,688 shares. Victoria Mutual Investments gained 82 cents in trading 421,376 units and ended a 52 weeks’ high at $13.45 and Wisynco Group closed 50 cents lower to $22.50, after swapping 277,521 units.
Trading in the US dollar market ended with 105,311 units valued at over US$19,063. The market index lost 1.39 points to close at 233.59. JMMB Group 6% lost 1 US to close at US$1.04, after exchanging 1,279 units, Proven Investments gained 1 US cents to close at 33 US cents trading 13,745 shares. Sterling Investments closed at 3 US cents, with 6,160 units changing hands and Sygnus Credit Investments lost half of 1 US cent to close at 17 US cents in transferring 84,127 shares.
JSE Main Market ekes out gain
Grace Kennedy ended at a 52 weeks’ closing high.
The Main Market on the Jamaica Stock Exchange posted modest gains at the close on Thursday even as declining stocks doubled advancing ones but with Grace Kennedy and Victoria Mutual investments hitting record highs.
At the close, the JSE All Jamaican Composite Index advanced 478.62 points to close at 546,009.63, the JSE Market Index gained 402.72 points to end at 497,269.11 while the JSE Financial Index rose 0.23 points to 133.40.
The market closed with 47 securities changing hands in the Main and US dollar markets with prices of 11 advancing, 22 declining and 14 remaining unchanged. The JSE Main Market activity ended with 42 securities accounting 22,654,582 units valued at $171,374,765 in contrast to 30,283,990 units valued at $380,332,800 from 39 securities on Wednesday.
Sagicor Select Financial Fund dominated trading with 9.1 million shares for 40 percent of total volume, followed by Wigton Windfarm with 6.6 million units for 29 percent of the day’s trade, and Sagicor Select Manufacturing and Distribution Fund with 2.4 million shares for 10.6 percent of the market’s volume. Sagicor Group with an exchange of 1.5 million shares, for 6.5 percent of the Main Market volume, was the only other stock trading more than one million units.
The Market closed with an average of 539,395 units for $4,080,352 for each security traded, in contrast to 776,513 units valued at an average of $9,752,123 on Wednesday. 
The average volume and value for the month to date amounts to 563,186 units at $3,051,311 for each security changing hands, compared to 564,747 units valued at $2,959,713 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows seven stocks ending with bids higher than their last selling prices and four closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times the 2019 earnings.
In the prime market, Caribbean Cement dropped $4.45 to end at $67.56 after trading 108,571 shares, Eppley closed 60 cents lower to $14.40, with 3,543 stock units changing hands, Eppley Caribbean Property Fund lost 96 cents to settle at $38.04, after swapping 500 units. Grace Kennedy climbed $3.99 to end at a 52 weeks’ high of $79, with an exchange of 19,291 shares, Jamaica Broilers declined $1 to $34 in trading 36,873 shares, Jamaica Producers gained $2.61, rising to $25.84 in transferring 12,959 shares. Jamaica Stock Exchange closed $3.40 higher at $34.95, with 59,326 shares changing hands. 
JMMB Group dropped $2.30 to $45.20, in swapping 109,721 shares, Kingston Wharves plunged $6 to $65 while trading 17,841 units, Palace Amusement lost $1 to settle at $2,789, after an exchange of 70 units. Proven Investments dropped $4.95 to end at $50, with 52,655 shares traded, Sagicor Group declined $5.25 to $64.74 in transferring 1,478,177 shares, Seprod added 50 cents to settle at $49.50 exchanging 23,123 units. Stanley Motta ended at $5.50, after losing 30 cents, with 760,600 units changing hands and Supreme Ventures settled at $23.20, with a loss of 77 cents exchanging 56,451 shares.
Trading in the US dollar market ended with 188,960 units for US$61,283. The market index dropped 6.56 points to close at 234.98. JMMB Group 5.75% preference share gained 38 US cents to end at US$2.10, with 2,000 units changing hands, Margaritaville Turks lost 2.5 US cents to close at 31.5 US cents in exchanging 100 units. Proven Investments lost 2 US cents to close at 32 US cents trading 175,270 shares, Sterling Investments closed at 3 US cents in exchanging 3,000 units and Sygnus Credit Investments gained half of 1 US cent to close at 17.5 US cents after the transfer of 5,590 shares.
7000 points JSE Main Market drop
The Jamaica Stock Exchange Main Market dived sharply on Wednesday with the All Jamaica Composite Index tumbling 7,018.30 points to close at 545,531.01 and the JSE Market Index declining 6,328.36 points to 496,866.39.
The market closed with 42 securities changing hands in the Main and US dollar markets with the prices of 19 advancing, 12 declining and 11 trading firm as the JSE Financial Index lost 2.97 points to 133.17. The PE ratio of the market ended at 20.1, while the Main Market ended at 19.3 times 2019 earnings.
The value stocks trading tripled Tuesday’s level, but the volume was lower, as the market ended with 39 securities changing hands in the Main Market, accounting for 30,283,990 units, valued at $380,332,800, in contrast to 35,465,290 units valued at $125,645,204 from 41 securities on Tuesday.
Wigton Windfarm dominated trading with 9.2 million shares for 30 percent of total volume, followed by Sagicor Select Financial Fund with 7.75 million units for 26 percent of the day’s trade and QWI Investments with 2.4 million shares for 8 percent of the market’s volume. 
Other stocks trading more than one million units were Caribbean Cement with 1 million units, Jamaica Broilers with 1.1 million shares, Jamaica Producers Group with 1.5 million shares, Jamaica Stock Exchange with 1.2 million, Sagicor Group with 1.14 million and Sagicor Select Manufacturing and Distribution Fund with 1.7 million units.
The Market closed with an average of 776,513 units at $9,752,123 for each security traded, in contrast to 865,007 units at an average of $2,778,194 on Tuesday. The average volume and value for the month to date amounts to 564,747 units valued at $2,959,713 for each security changing hands, compared to 551,005 units valued at $2,487,513 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows six stocks ending with bids higher than their last selling prices and four closing with lower offers.
In the prime market, Barita Investments gained $1 to settle at $72 in trading 158,050 units, Eppley Caribbean Property Fund rose to $39 after gaining 97 cents and exchanging 1,000 stock units, Grace Kennedy climbed $2.51 to end at $75.01, with 28,379 shares changing hands. Jamaica Broilers drifted $2 to $35, in swapping 1,115,542 units, Jamaica Stock Exchange lost $1.33 and ended at $31.55, in transferring 1,203,500 stock units, JMMB Group closed 80 cents lower to $47.50 after exchanging 35,156 shares. NCB Financial gained 50 cents to settle at $190, after swapping 142,993 units, PanJam Investment closed at $100.50, after losing 50 cents trading 14,560 shares, Portland JSX added 99 cents to close at $8.99, with 1,000 units changing hands.
Proven Investments climbed $5.45 to end at $54.95, in trading 8,166 shares, Pulse Investments gained 44 cents to end at $6.94, in exchanging 43,234 shares, Radio Jamaica closed 36 cents higher to $1.77 after transferring 33,244 shares. Sagicor Group lost 90 cents to end at $70, with an exchange of 1,137,836 shares, Scotia Group dropped $3.50 to close at $54 trading 24,100 shares, Seprod closed $2 higher at $49 exchanging 284,322 units. Stanley Motta closed at $5.80, after gaining 30 cents in swapping 400 units, Supreme Ventures climbed $2.95 and settled at $23.97, after transferring 96,284 shares, Sygnus Credit Investments closed $1.30 higher to $26.90, with 29,288 shares changing hands. Victoria Mutual Investments added $1 to end at a record high of $12.50, in swapping 519,848 shares and in the preference segment, Eppley 8.25% lost 50 cents to close at a 52 weeks’ low of 5.50 after trading 16,000 stock units.
Trading in the US dollar market ended with 8,264 units valued at over US$2,546. The market index lost 0.11 points to close at 241.54. JMMB Group 6% preference share exchanged 461 units at US$1.05, Proven Investments gained 1 US cent to close at 34 US cents trading 5,987 units and Sterling Investments closed at 3 US cents, with 1,816 units changing hands.
Sharp surge in JSE Main Market
Kingston Wharves jumped $9.40 on Tuesday.
The major indices of the Jamaica Stock Exchange surged substantially at the close on Tuesday as Kingston Wharves led price movement with a gain of $9.40 and heavy weighted Scotia Group rose $1.
At the close, the JSE All Jamaican Composite Index soared 8,517.00 points to close at 552,549.31, the JSE Market Index surged 7,718.70 points to 503,194.75 and the JSE Financial Index rose 1.81 points to 136.17.
The market closed with 43 securities changing hands in the Main and US dollar markets with the prices of 15 advancing, 18 declining and 10 trading firm. The JSE Main Market activity ended with 41 securities accounting 35,465,290 units valued at $125,645,204 in contrast to 17,412,213 units valued at $219,477,578 from 42 securities on Monday.
Wigton Windfarm dominated trading with 22.2 million shares for 62 percent of total volume, followed by Sagicor Select Financial Fund with 6.2 million units for 17 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 2.24 million shares for 6 percent of market share. QWI Investments with 1.56 million units changing hands was the only other company trading more than one million shares.
The Market closed with an average of 865,007 units valued at an average of $3,064,517 for each security traded, in contrast to 414,576 units valued at an average of $5,225,657 on Monday. 
The average volume and value for the month to date amounts to 551,005 units valued at $2,508,438 for each security changing hands, compared to 528,016 units valued at $2,464,544 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and three closing with lower offers. The PE ratio of the market ended at 19.8, while the Main Market ended at 19.1 times 2019 earnings.
In trading, Barita Investments closed $1 lower to $71, with an exchange of 8,804 units, Berger Paints lost 49 cents to end at $16.51, trading 14,350 shares, Caribbean Cement settled at $72, losing $1 in swapping 5,500 units. Carreras lost 31 cents to close at $7.98, with 364,936 shares changing hands, Grace Kennedy gained 50 cents after transferring 17,959 shares and ending at $72.50, Jamaica Broilers closed at $37, after losing $1 trading 77,652 shares. Jamaica Producers settled at $23, with a loss of $1.61 in swapping 132,056 units, Jamaica Stock Exchange added 88 cents and closed at $32.88, after exchanging 24,557 shares, JMMB Group gained 30 cents to close at $48.30 trading 77,725 shares. Kingston Wharves jumped $9.40 to $71, with 7,780 units changing hands, NCB Financial traded 39,634 units for a loss of 50 cents to settle at $189.50, PanJam Investment ended at $101, with a loss of $1 in trading 31,334 shares. Portland JSX closed 30 cents higher at $8, after swapping 1,500 units, Proven Investments added 50 cents to end at a record closing high of $49.50, with an exchange of 20,981 shares, 
Radio Jamaica lost 48 cents to settle at $1.41, with 246,227 shares changing hands. Sagicor Real Estate Fund ended 60 cents lower to close at $9 while trading 183,700 shares, Scotia Group added $1 to close at $57.50, after swapping 563,570 shares, Seprod dropped $2.95 to end at $47 while trading 11,255 units. Supreme Ventures tumbled to $21.02, after falling $3.98 and exchanging 56,530 shares, Sygnus Credit Investments closed $1.15 lower to $25.60, with 31,627 shares changing hands and Victoria Mutual Investments rose to a record high of $11.50, with a gain of 54 cents to end at $11.50, as 337,888 shares crossed the exchange.
Trading in the US dollar market ended with 25,611 units valued at over US$4,730. The market index climbed 4.19 points to close at 241.65. Proven Investments gained 1.5 US cents to close at 33 US cents trading 2,218 shares and Sygnus Credit Investments ended 2 US cents higher to settle at 17 US cents with 23,393 units changing hands.
JSE Main Market loses ground – Monday
Activity on the Jamaica Stock Exchange Main Market began the week with the major indices losing ground with rising stocks edging out declining ones.
At the close, the JSE All Jamaican Composite Index declined 2,332.11 points to close at 544,032.31, the JSE Market Index dropped 2,102.93 points to 495,476.05 and the JSE Financial Index lost 1.18 points to 134.33.
Grace Kennedy and Jamaica Producers lost $5 and $2.39, respectively, at the same time, Kingston Wharves jumped $5.57, Jamaica Stock Exchange climbed $3.14 and Caribbean Cement was up $2 to be some of the more significant movers at the close of trading.
The market closed with 46 securities changing hands in the Main and US dollar markets with the prices of 19 advancing, 16 declining and 11 trading firm. The JSE Main Market activity ended with 42 securities accounting 17,412,213 units valued at $219,477,578 in contrast to 18,625,847 units valued at $90,035,262 from 43 securities on Friday.
Sagicor Select Financial Fund dominated trading with 5.65 million shares for 32 percent of total volume, followed by Wigton Windfarm with 3.45 million units for 20 percent of the day’s trade and Sagicor Select Manufacturing and Distribution Fund with 2.64 million shares for 15 percent market share. Other stocks trading more than one million shares were Grace Kennedy with 1.25 million shares and QWI Investments with 1.44 million units.
The market closed with an average of 414,576 units valued at an average of $5,225,657 for each security traded, in contrast to 433,159 units valued at an average of $2,093,843 on Friday. The average volume and value for the month to date amounts to 528,016 units valued at $2,464,594 for each security changing hands, compared to 537,214 units valued at $2,221,990 for each security traded. Trading in December resulted in an average of 595,143 units valued at $9,344,514 for each security.
IC bid-offer Indicator| At the end of trading, the Investor’s Choice bid-offer indicator reading shows nine stocks ending with bids higher than their last selling prices and one closing with lower offers. The PE ratio of the market ended at 19.9, while the Main Market ended at 19.2 times 2019 earnings.
In the prime market, Barita Investments lost 50 to close at $72 in trading 8,851 units, Berger Paints closed 85 cents lower to $17, with an exchange of 900 shares, Caribbean Cement gained $2 to settle at $73, with 7,203 stock units changing hands. Eppley Caribbean Property Fund rose 98 cents to $38, in swapping 3,200 shares, Grace Kennedy dropped $5 to end at $72, after transferring 1,248,922 shares, Jamaica Broilers closed at $38, after losing $1 in trading 2,849 shares. Jamaica Producers settled at $24.61, with a loss of $2.39 in swapping 21,511 units, 
Jamaica Stock Exchange advanced by $3.14 to $32, in exchanging 56,550 shares, JMMB Group lost 45 cents to close at $48, with 107,892 shares changing hands. Kingston Wharves climbed $5.57 to $61.60, in transferring 32,070 units, Mayberry Jamaican Equities ended 31 cents lower at $11.01, with an exchange of 22,155 shares, 138 Student Living gained 42 cents to settle at $4.22 trading 3,000 shares. PanJam Investment ended at $102, with a gain of $1 after exchanging 8,876 shares. Portland JSX lost $1.29 to end at $7.70, with 92,980 shares changing hands, Proven Investments gained $1 to $49, after transferring 29,275 shares, Sagicor Real Estate Fund ended 55 cents higher to close at $9.60 after trading 7,657 stock units. Scotia Group added 50 cents to settle at $56.50, with 91,557 shares changing hands, Supreme Ventures ended at $25, gaining $1 exchanging 54,697 shares, Victoria Mutual Investments closed 36 cents higher at $10.96, after swapping 334,266 shares and Wisynco Group rose $1 to $23, in trading 74,342 units.
Trading in the US dollar market ended with 395,007 units value US$115,375. The market index plunged 10.07 points to close at 237.46. Margaritaville traded 251,150 shares and declined marginally from 34 US cents to 33.99 US cents, Proven Investments closed 2.5 US cents lower to 31.55 US cents, after swapping 13,933 shares. Sygnus Credit Investments lost 3 US cents in exchanging 126,766 units to close at 15 US cents, and JMMB Group 5.75% preference share remained unchanged at US$1.72, after trading 3,158 units.
