Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining 12 percent after the value jumping 65 percent compared to trading on Tuesday, following trading in 50 securities down from 56 on Tuesday and leading to prices of 13 rising, 21 falling and 16 ending unchanged.
At the close, the All Jamaican Composite Index climbed 1,340.21 points to 356,869.10, the JSE Main Index rose 1,279.01 points to close at 323,635.78 and the JSE Financial Index popped 0.32 points to end trading at 71.55.
A total of 7,549,896 shares were traded for $79,965,770 in contrast with 8,602,396 units at $48,412,908 on Tuesday.
Trading averaged 150,998 shares at $1,599,315 versus 153,614 shares at $864,516 on Tuesday and month to date, an average of 356,371 units at $1,710,697 compared with 369,304 units at $1,717,711 on the previous day. July closed with an average of 283,368 units at $2,135,482.
Transjamaican Highway led trading with 2.59 million shares for 34.4 percent of the total volume, followed by Wigton Windfarm with 1.70 million units for 22.5 percent of the day’s trade and Caribbean Cement with 812,000 units for 10.8 percent market share.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2024.
The 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, Berger Paints dipped 74 cents to $7.05 after an exchange of 6,538 shares, Caribbean Producers fell 39 cents and ended at $9.60 while investors traded 15,883 stock units, Jamaica Producers dropped $1.08 to close at $18 with an exchange of 15,539 units. Massy Holdings rose 75 cents in closing at $101 after investors ended trading 152 stocks, Mayberry Investments increased 64 cents to end at $8.64 while a mere 202 stocks passed through the market,
Mayberry Jamaican Equities fell 40 cents to close at $11 with 37,481 units being traded. Pan Jamaica advanced 86 cents in closing at $48.05 after a transfer of 23,977 stock units, Sagicor Group shed $2.82 to end at $44.08 with investors exchanging 28,063 shares, Scotia Group climbed 99 cents to close at $34 in trading 1,066 stocks. Seprod fell $1.99 to $68 with a transfer of 5,919 stocks, Sygnus Credit Investments dropped 55 cents in closing at $11.44, with 9,330 shares crossing the market and Victoria Mutual Investments gained 33 cents to close at $3.03 after a transfer of 4,947 units.
In the preference segment, Jamaica Public Service 7% declined $1 and ended at $55 after three units cleared the market and Jamaica Public Service 9.5% lost $50 to end at $3050 in an exchange of 9 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 8,602,396 shares were traded for $48,412,908 compared with 9,803,797 units at $75,092,515 on Monday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
NCB Financial gained $2.98 to close at $75, after 64,578 units crossed the exchange, 138 Student Living rallied 40 cents to close at $4.65 in switching ownership of 1,400 shares. Pan Jamaica rose $4.19 to $47.19 with 500 units clearing the market, Sagicor Group rallied $1.81 to $46.90, with 29,098 stocks changing hands, Scotia Group lost 99 cents to end at $33.01 after a transfer of 109,584 stock units. Seprod popped 99 cents to close at $69.99 after an exchange of 53,646 stocks, Supreme Ventures climbed $1.39 and ended at $28.50 with investors swapping 5,620 units, Sygnus Credit Investments rose 67 cents in closing at $11.99 and closed with 28,630 stocks being traded and Victoria Mutual Investments declined 30 cents to close at a 52 weeks’ low of $2.70, with 104,183 shares crossing the market.
In the preference segment, Productive Business Solutions 9.75% preference share rallied $8 to end at $100 while exchanging 2,195 stocks.
A total of 9,803,797 shares were traded for $75,092,515 against 10,256,198 units at $39,416,576 on Friday.
The All Jamaican Composite Index surged 4,373.19 points to close at 357,810.90, the JSE Main Index jumped 4,153.40 points to 324,224.20 and the JSE Financial Index popped 1.39 points to 71.87.
Massy Holdings fell 75 cents to close at $100.25 in trading 691 units, Mayberry Jamaican Equities dropped 40 cents in closing at $11 with investors exchanging 36,852 stocks, NCB Financial declined 98 cents to $72.02 with an exchange of 562,220 shares. 138 Student Living shed 40 cents to end at $4.25 with stakeholders trading 2,445 stock units, Pan Jamaica dipped $4.18 to $43 after a transfer of 630 units, Portland JSX popped 50 cents to $10 in switching ownership of 144 shares. Proven Investments dipped 36 cents in closing at $22.35 with shareholders swapping 4,445 stock units, Radio Jamaica fell 16 cents to a 52 weeks’ low of $1.38 after an exchange of 45,658 shares, Sagicor Group gained $1.01 and ended at $45.09, with 58,600 stocks crossing the market. Scotia Group rose $1 to end at $34 after an exchange of 7,749 shares, Seprod popped $1.99 to end at $69 in an exchange of 1,343 units, Supreme Ventures lost 39 cents to close at $27.11 in an exchange of 36,633 stocks and Sygnus Credit Investments dropped 68 cents and ended at $11.32, with 30,018 shares changing hands.
In the preference segment, Jamaica Public Service 7% climbed 75 cents in closing at $56, with 6,058 units clearing the market, Productive Business Solutions 10.5% preference share increased by $2 to $1002 after trading 200 stock units and Productive Business Solutions 9.75% preference share shed $8 to close at $92 while exchanging three stock units.
The All Jamaican Composite Index rose 129.65 points to end at 353,437.71, the JSE Main Index dropped 684.90 points to close at 320,070.80 and the JSE Financial Index popped 0.16 points to end trading at 70.48.
Wigton Windfarm led trading with 3.51 million shares for 34.2 percent of total volume, followed by Stanley Motta with 2.80 million units for 27.3 percent of trading and Transjamaican Highway with 1.45 million units for 14.1 percent of market share.
GraceKennedy fell $1 to close at $76 while exchanging 9,262 units. Guardian Holdings shed $18.25 to $421.50 after 51 stock units were traded, Kingston Wharves dropped $2.89 in closing at a 52 weeks’ low of $26.01 with an exchange of 6,154 shares, Massy Holdings popped 75 cents to end at $101 with stakeholders exchanging 5,500 stock units. Mayberry Investments climbed 64 cents to $8.64 in switching ownership of 14,745 shares, NCB Financial rose 60 cents to close at $73 after an exchange of 28,933 stocks, Stanley Motta fell 48 cents to end at $4.52 in an exchange of 2,800,110 units and Supreme Ventures declined 50 cents to $27.50 with 34,040 units clearing the market.
JMMB Group 7.25% preference share traded 9,271 units and slipped 5 cents to close at a 52 weeks’ low of $1.45 and Productive Business Solutions 10.5 % preference share dived $100 and ended at $1000, with 150 shares crossing the market.
A total of 5,505,100 shares were exchanged for $37,890,404 versus 27,243,669 units at $116,951,925 on Wednesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Kingston Properties shed 44 cents in closing at $6.95 as investors traded 14,986 stocks. Kingston Wharves rallied 40 cents to close at $28.90, with 3,673 stock units crossing the market, Massy Holdings dropped 75 cents and ended at $100.25, with 4,035 units clearing the market, Mayberry Investments declined 65 cents to close at $8 after a transfer of 19,470 shares. MPC Caribbean Clean Energy advanced $12.33 in closing at $81.99 with investors trading 1,000 stocks, NCB Financial rose 65 cents to end at $72.40 after 104,630 stocks crossed the exchange, 138 Student Living increased 40 cents to $4.65 in trading 50,330 units, Proven Investments gained 50 cents in closing at $23 in an exchange of 2,211 shares, Pulse Investments advanced 55 cents and ended at $2.66 after traders swapped 132,000 stock units, Scotia Group lost $1 to end at $33 in switching ownership of 53,613 stocks.
Seprod shed $1.99 to close at $67.01 with an exchange of 10,929 units and Supreme Ventures dropped $1 to $28 with investors transferring 33,173 shares.
A total of 27,243,669 shares were traded for $116,951,925 compared to 12,623,404 units at $40,299,945 on Tuesday.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Massy Holdings rallied 75 cents to end at $101, with investors transferring 45,101 units, Mayberry Investments climbed 53 cents to $8.65, with 878 shares crossing the exchange, NCB Financial rose 75 cents to $71.75 after investors traded 23,986 stock units. 138 Student Living lost 39 cents and ended at $4.25 after a transfer of 282 units, Pan Jamaica traded 8,554 shares and rose 9 cents to close at $47.29, but only after hitting an intraday 52 weeks’ low of $40.01, Proven Investments lost 50 cents to close at $22.50 with a transfer of 190 stocks. Pulse Investments shed 71 cents to end at $2.11 while exchanging 24,170 units, Radio Jamaica gained 1 cent to close at $1.54 after hitting an intraday low of $1.40 in trading 101,142 shares, Seprod dipped 92 cents to close at $69 with stakeholders trading 7,423 stocks.
Stanley Motta advanced 31 cents to $5 in an exchange of 6,134,145 shares. Sygnus Credit Investments increased 58 cents to end at $12.05 in switching ownership of 10,712 stock units and Wisynco Group climbed 85 cents to $17.75 in an exchange of 80,898 stocks.
A total of 12,623,404 shares were traded for $40,299,945 compared with 10,928,473 units at $91,325,752 on Monday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Margaritaville lost $2.47 to $14.03 while exchanging 250 stock units. Massy Holdings dipped 95 cents in closing at $100.25 in switching ownership of 716 stocks, MPC Caribbean Clean Energy dropped $12.29 and ended at $69.66 in trading 50 units, NCB Financial rallied $1 to end at $71 in an exchange of 94,546 stock units. Pan Jamaica gained $2.19 to close at $47.20 after an exchange of 120 units, Pulse Investments climbed 32 cents to $2.82 and closed with 173,001 stocks clearing the exchange. Sagicor Group shed 89 cents and ended at $44.10 after an exchange of 6,438 shares, Seprod popped 62 cents to close at $69.92 with an exchange of 3,366 stock units, Sygnus Credit Investments declined 53 cents in closing at $11.47 with investors transferring 20,526 units and
Wisynco Group dropped 75 cents to end at $16.90 after a transfer of 27,934 stocks
Trading picked up with 10,928,473 shares being traded for $91,325,752 compared with 7,673,086 units at $53,319,630 on Friday.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.1 for the Main Market. The Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Pan Jamaica lost $1.49 to end at a 52 weeks’ low of $45.01 after an exchange of 374,708 units, Pulse Investments rose 25 cents to close at $2.50, but only after hitting an intraday 52 weeks’ low of $2 with an exchange of 927,882 shares, Portland JSX dipped $1.29 to $9.50, with 20,001 shares changing hand., Radio Jamaica fell to 7 cents to close at a 52 weeks’ low of $148 and traded 527,202 shares, following release of first quarter results showing flat revenues and a modest decline in its loss for the June quarter. Seprod lost 70 cents to close at $69.30 with 2,789 stock units clearing the market and Stanley Motta dropped 34 cents and ended at $4.51 after 9,489 stocks crossed the market.
Jamaica Public Service 7% shed $2 in closing at $50 in trading 1,993 shares and 138 Student Living preference share climbed $6.50 to end at $99.98 with shareholders swapping a mere one stock unit.
lower than on Thursday, after 58 securities were traded compared to 56 on Thursday and ended with prices of 20 stocks rising, 19 falling and 19 unchanged.
The All Jamaican Composite Index shed 2,943.11 points to end at 353,626.53, the JSE Main Index dropped 2,292.56 points to 321,234.17 and the JSE Financial Index dipped 0.95 points to 70.47.
Guardian Holdings fell $20 to $420 with investors transferring 22,192 stocks, Jamaica Broilers dipped 51 cents to close at $31.99 in an exchange of 42,648 stock units, Kingston Properties popped 52 cents and ended at $7.42, with 6 units clearing the market. Pan Jamaica rose 50 cents to $46.50, with 341 stocks crossing the market, Proven Investments rose 94 cents to $23, with 4,451 shares changing hands, Sagicor Group climbed 48 cents to end at $44.98 with an exchange of 29,517 stocks. Scotia Group dipped 50 cents to close at $34, with 22,601 units crossing the market, Stanley Motta rallied 35 cents to end at $4.85 with investors swapping just one stock unit and Sygnus Credit Investments climbed 54 cents and ended at $12.04 after trading 21,558 shares.
JMMB Group 7% preference share advanced 31 cents to $2.25, with 950 stocks crossing the exchange and 138 Student Living preference share rose $8.50 to close at $93.48 after 218 shares passed through the market.
A total of 15,739,565 shares were traded for $290,871,744 compared to 18,751,692 units at $102,393,251 on Wednesday.
The All Jamaican Composite Index slipped 201.95 points to finish at 356,569.64, the JSE Main Index shed 2,566.81 points to 323,526.73 and the JSE Financial Index fell 0.90 points to end trading at 71.43.
GraceKennedy fell $1.48 in closing at $76.02 while 182,784 stocks passed through the market, Jamaica Producers advanced 95 cents in closing at $20.15 after an exchange of 2,032 stock units. Jamaica Stock Exchange dropped $1 to close at $10 in an exchange of 334,799 shares, Margaritaville increased 79 cents to $16.59, with 1,000 units crossing the market, Massy Holdings gained $2.01 to end at $103 after investors exchanged 1,549 units. Mayberry Investments lost 40 cents and ended at $8.30, with 9,296 stocks crossing the market, NCB Financial dropped $4.11 to end at $69.99 after the price hit an intraday 52 weeks’ low of $52 with shareholders swapping 3,241,324 stock units, 138 Student Living advanced 40 cents in closing at $4.51 in trading 32 shares. Pan Jamaica declined 50 cents and ended at $46 in an exchange of 5,984 units, Sagicor Group shed 50 cents to close at $44.50, with stakeholders exchanging 17,585 shares, Seprod dropped 50 cents to close at $70 while trading 11,984 stocks.
Supreme Ventures rose $1.18 and ended at $28.79 with a transfer of 692 stock units and Sygnus Credit Investments dipped 59 cents to close at $11.50, with 1,809 stock units changing hands.