Market activity ended on Friday with the volume of shares trading declining 19 percent and the value jumping 44 percent higher than on Thursday at the close of Jamaica Stock Exchange Main Market and leading to rising stocks exceeding those declining.
The All Jamaican Composite Index advanced 515.13 points to 432,465.86, the JSE Main Index rose 415.79 points to 391,220.36 and the JSE Financial Index gained 0.63 points to end at 95.60.
Trading resulted from 50 securities compared to 52 on Thursday, with 25 rising, 13 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.1. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 7,647,903 shares changing hands for $78,855,103 versus 9,485,143 units at $54,811,242 on Thursday. Transjamaican Highway led trading with 38.4 percent of total volume for an exchange of 2.94 million shares, followed by Wigton Windfarm 22.6 percent with 1.72 million units and Jamaica Producers with 10.2 percent after 781,128 units changed hands.
Trading averages 152,958 units at $1,577,102, compared to 182,407 shares at $1,054,062 on Thursday and month to date, an average of 241,379 units at $2,751,371, versus 245,918 units at $2,811,652 on Thursday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints popped $1.15 to $14.70 with 31 units crossing the market, Caribbean Cement declined $2.31 to end at $86.50 in exchanging 131,025 stock units, Caribbean Producers rallied 40 cents to $10 after 134,963 stocks cleared the market. Eppley gained 40 cents to settle at $36 after exchanging 403 stock units, First Rock Capital advanced $1.01 to $11.03 with the swapping of 438 units, Jamaica Broilers rose 45 cents to end at $29.45 in an exchange of 30,102 shares. Jamaica Producers spiked 55 cents in closing at $23.95, in switching ownership of 781,128 stocks, JMMB Group lost 32 cents ending at $38.18 in the transfer of 96,246 shares, Kingston Properties gained 40 cents to close at $9 in trading 1,550 stocks. NCB Financial gained 30 cents in closing at $119.30 with the swapping of 14,362 stock units, 138 Student Living picked up 29 cents to finish at $4.69 after 5,301 shares crossed the exchange, Palace Amusement climbed $45 to $1,030 in trading 138 units.
PanJam Investment advanced $9.70 to finish at $73 with a transfer of 11,523 shares, Proven Investments popped 50 cents to close at $33.80 with 3,356 units changing hands, Scotia Group spiked $3.47 to $37.97 in switching ownership of 577,189 stocks. Seprod popped 80 cents to $64 in exchanging 34,014 stock units, Stanley Motta lost 35 cents to end at $5.25 with 19,955 shares crossing the market, Sygnus Credit Investments shed 49 cents to close at $15.50 with the swapping of 42,632 units and Wisynco Group rose 40 cents to $17 with a transfer of 94,656 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The All Jamaican Composite Index dived 2,262.59 points to 431,950.73, the JSE Main Index shed 1,959.04 points to 390,804.57 and the JSE Financial Index lost 0.88 points to end at 94.97.
Trading averages 182,407 units at $1,054,062, compared to 246,812 shares at $1,461,488 on Wednesday and month to date, an average of 245,918 units at $2,811,652, compared to 249,500 units at $2,910,778 on Wednesday. October closed with an average of 251,350 units at $2,773,208.
Proven Investments dipped 30 cents to end at $33.30 with a transfer of 15,877 shares. Sagicor Group rose 50 cents to $52.70 after an exchange of 73,402 stocks, Scotia Group lost 40 cents ending at $34.50, with 15,947 stock units changing hands, Seprod dipped 55 cents to $63.20 in exchanging 6,169 units. Supreme Ventures fell 63 cents in closing at $17.85 with the swapping of 73,324 shares and Sygnus Credit Investments rose 99 cents to $15.99, with 159,129 stocks crossing the market.
Overall, 51 securities traded compared to 50 on Tuesday, with 26 rising, 17 declining and eight unchanged. The All Jamaican Composite Index spiked 2,767.79 points to 434,213.32, the JSE Main Index jumped 2,471.24 points to 392,763.61 and the JSE Financial Index rallied 0.42 points to end at 95.85.
At the close, Barita Investments dropped $2.25 to $90 with 25,365 shares changing hands, Berger Paints slipped 54 cents in closing at $13.56 after trading 3,799 stocks, Caribbean Cement climbed $7.01 to $86.50 with 117,109 stock units clearing the market. Eppley Caribbean Property Fund spiked $4 to close at $42 in switching ownership of 1,334 units, First Rock Capital rose 85 cents to $11.50 after exchanging 54,379 stock units, GraceKennedy advanced 94 cents to close at $98.94 with the swapping of 15,926 shares. Guardian Holdings spiked $20 to $540 in an exchange of 334 stocks, Jamaica Broilers shed $2 to end at $28.70 in trading 14,930 units, Jamaica Producers rallied $2.50 in closing at $23.95 in switching ownership of 20,200 stocks. JMMB Group popped 61 cents to $38.80 after transferring 223,545 shares, Kingston Wharves lost 30 cents in closing at $43.70 with the swapping of 100 units, Mayberry Investments gained 31 cents to $7.81 in trading 41,417 stock units. 
PanJam Investment declined $7.90 to close at $63.10 with 26,012 shares changing hands, Proven Investments gained 35 cents to end at $33.60 with a transfer of 12,467 stocks, Sagicor Group fell $1.79 to $52.20 after crossing the exchange with 57,067 stock units. Salada Foods gained 25 cents to end at $7 in trading 38,973 units, Scotia Group rose 60 cents to close at $34.90 with the swapping of 124,679 stock units, Sygnus Credit Investments dipped 50 cents to $15 in exchanging 182,678 stocks. Sygnus Real Estate Finance rallied $1.51 to $16.01 after trading 2,629 shares.
A total of 9,056,607 shares traded for $98,885,368 up from 8,605,350 units at $61,182,683 on Monday. Transjamaican Highway led trading with 32.7 percent of total volume after an exchange of 2.96 million shares followed by Wisynco Group 15.7 percent, with 1.43 million units, Wigton Windfarm contributed 12 percent with 1.09 million units and Pulse Investments 11.3 percent for an exchange of 1.02 million units.
NCB Financial rose $1 to $119 in exchanging 18,541 stock units, PanJam Investment rallied $3.50 to $71 with the swapping of 117,621 units, Sagicor Group spiked 49 cents to $53.99 after 1,940 stocks crossed the market. Scotia Group popped 30 cents to end at $34.30 with 41,558 stock units changing hands, Seprod rose 65 cents to close at $63.75 in switching ownership of 3,824 units, Sygnus Credit Investments dipped 48 cents in closing at $15.50 after trading 264,810 shares and Victoria Mutual Investments lost 40 cents to close at $5.60 in transferring 51,422 stocks.
Trading averaged 165,488 units at $1,176,590, down from 168,071 shares at $3,760,319 on Friday and month to date, an average of 253,830 units at $3,057,633, versus 259,804 units at $3,184,829 on Friday. October averaged 251,350 units at $2,773,208.
PanJam Investment fell $2.50 to $67.50 in exchanging 100 stocks, Sagicor Group advanced $1.29 to $53.50 after trading 6,861 stock units, Scotia Group lost 30 cents in closing at $34 with the swapping of 86,295 units. Seprod shed 60 cents to close at $63.10 in switching ownership of 15,550 shares, Stanley Motta gained 32 cents to end at $5.82 in trading 1,000 stock units, Sygnus Credit Investments popped 32 cents to $15.98 after an exchange of 66,912 shares and Sygnus Real Estate Finance climbed 65 cents to $14.70 with 5,007 stocks changing hands.
The All Jamaican Composite Index plunged 7,346.88 points, following Thursday nearly 5,000 points drop, to close the week at 427,237.85, and the lowest point since late-December last year. The JSE Main Index dived 6,433.10 points to 386,813.17 and the JSE Financial Index declined 1.26 points to end at 94.49.
Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and none with a lower offer.
NCB Financial shed 98 cents to end at $117.02 with an exchange of 42,468 stocks, 138 Student Living rose 70 cents to $4.70 in transferring 4,360 shares, PanJam Investment lost 50 cents to close at $70 after exchanging 17,794 units, Portland JSX fell 89 cents to $6.61 with 500 shares clearing the market. Radio Jamaica lost 26 cents to close at $3.06 in switching ownership of 689,952 stock units, Sagicor Group shed 64 cents in ending at $52.21 while trading 103,931 shares, Seprod popped 65 cents to finish at $63.70 after exchanging 2,252 stocks. Supreme Ventures rose $1.48 to $18.48 with 66,957 units changing hands and Sygnus Real Estate Finance declined $1.93 to $14.05 after 1,700 stock units crossed the market.
The average trade for the day was 70,196 units at $5,401,049 versus 440,284 shares at $9,078,293 on Wednesday and month to date, an average of 266,594 units at $3,142,230, compared to 273,987 units at $2,968,998 on Wednesday. October closed with an average of 251,350 units at $2,773,208.
Margaritaville popped $2.68 ending at $20.52 in switching ownership of 510 stock units, 138 Student Living lost 45 cents to end at $4 in exchanging 8,290 shares, Palace Amusement rallied $30 to $1,030 with 27 units clearing the market, PanJam Investment gained 50 cents in closing at $70.50 with an exchange of 18,453 shares. Proven Investments lost 49 cents to settle $33 with the swapping of 2,500 stock units, Sagicor Group declined $1.91 to end at $52.85 after 70,956 stocks crossed the market, Scotia Group fell $2 in closing at $34.50 with the swapping of 157,337 units. Seprod shed 70 cents to close at $63.05 in trading 12,286 shares, Stanley Motta lost 26 cents in ending at $5.40 with 1,000 stock units changing hands, Sygnus Credit Investments lost 41 cents to finish at $15.60 in trading 66,085 shares and Wisynco Group shed 45 cents to close at $16.50 in switching ownership of 114,643 stocks.
Trading ended with 21,573,918 shares changing hands for $444,836,346 versus 10,040,879 units at $123,722,251 on Tuesday. Carreras led trading with 39.9 percent of total volume after exchanging 8.60 million shares followed by JMMB Group with 13.4 percent for 2.89 million units, PanJam Investment held 9.3 percent with 2.02 million units, Sagicor Select Financial Fund accounted for 7.8 percent, with 1.68 million units and Wisynco Group with 5 percent with a transfer of 1.09 million units.
JMMB Group fell $1.65 in closing at $38.80 with 2,893,439 shares crossing the exchange, Kingston Wharves rallied 50 cents to $47 in trading 2,100 stocks, Margaritaville advanced $1.41 to $17.84 in an exchange of 11,007 stock units. NCB Financial popped $2 to close at $118 in transferring 60,945 units, Palace Amusement dropped $24 to close at $1,000 after an exchange of 63 stocks, PanJam Investment gained 50 cents in closing at $70 after trading 2,015,921 shares. Proven Investments climbed 49 cents to $33.49 with 9,015 units changing hands, Sagicor Group popped $1.76 to end at $54.76 after 802,872 stock units crossed the market and Sygnus Credit Investments dipped 29 cents to $16.01 with a transfer of 144,549 shares.
The All Jamaican Composite Index jumped 1,731.22 points to 439,283.18, the JSE Main Index climbed 2,587.35 points to 397,380.02 and the JSE Financial Index gained 0.70 points to end at 96.12.
Trading averaged 189,451 units at $2,334,382, compared to 311,171 shares at $2,962,626 on Monday and month to date, an average of 260,759 units at $2,483,031, compared to 267,472 units at $2,497,025 on Monday. October closed with an average of 251,350 units at $2,773,208.
PanJam Investment spiked $1.50 to close at $69.50 with the swapping of 7,698 shares, Proven Investments gained 49 cents to end at $33 with an exchange of 6,359 units. Sagicor Group declined $1.50 to $53 after 668,437 stocks cleared the market, Salada Foods lost 46 cents in ending at $7 in trading 815 units, Scotia Group popped $2 to $36.50 in transferring 33,791 shares. Seprod gained 45 cents in closing at $63.95 after exchanging 8,641 stock units, Supreme Ventures shed 46 cents to end at $17 in switching ownership of 161,242 units and Sygnus Credit Investments fell $1 to $16.30 with 183,314 stock units changing hands.
The All Jamaican Composite Index dipped 92.62 points to 437,551.96, the JSE Main Index fell 378.65 points to 394,792.67 and the JSE Financial Index slipped 0.10 points to end at 95.42.
Trading averaged 311,171 units at $2,962,626, compared to 219,447 shares at $3,368,215 on Friday and month to date, an average of 267,472 units at $2,497,025, compared to 262,931 units at $2,448,639 on Friday. October closed with an average of 251,350 units at $2,773,208.
NCB Financial rose $1.98 to $117 while exchanging 31,547 stock units, Palace Amusement rallied $40 to $1000, trading 157 units, PanJam Investment popped $1.70 to $68 with 24,886 shares changing hands. Proven Investments declined 99 cents to $32.51, with 8,710 stock units clearing the market, Sagicor Group climbed 50 cents in closing at $54.50 in exchanging 218,439 shares, Salada Foods popped 46 cents to $7.46 after 22,641 stocks crossed the exchange. Scotia Group rose 45 cents to $34.50 after trades of 138,131 units and Sygnus Credit Investments lost $1.60 to $17.30, with 335,969 shares changing hands.