More slippage of the Junior Market of the Jamaica Stock Exchange occurred in trading on Wednesday, with the volume of stocks traded rising 103 percent with 9 percent greater value than in Tuesday’s activity, following trading in 41 securities similar to Tuesday and ending with 17 rising, 17 declining and seven closing unchanged.
Medical Disposables and tTech ended at 52 weeks’ lows of $4.32 and $2.35, respectively.
A total of 14,131,729 shares were traded for $24,621,843 compared to 6,978,401 units at $22,507,207 on Tuesday.
Trading averaged 344,676 shares at $600,533 compared with 170,205 units at $548,956 on Tuesday. Trading month to date averages 283,941 units at $758,948 compared to 280,295 stock units at $768,458 on Tuesday the previous day. October closed with an average of 264,407 units at $832,036.
Everything Fresh led trading with 10.03 million shares for 71 percent of total volume, followed by Dolla Financial with 1.06 million units for 7.5 percent of the day’s trade and MFS Capital Partners with 656,503 units for 4.6 percent market share.
At the close, the Junior Market Index declined 21.45 points to settle at 3,797.82.
The PE Ratio, a measure used in computing appropriate stock values, averages 11.9, The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
The Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power climbed 49 cents to $3.17 as investors exchanged 2,440 shares, Cargo Handlers lost $1.05 in ending at $10 with investors transferring 11,046 stock units, Caribbean Assurance Brokers dropped 7 cents to $2.25, with 9,200 units crossing the market. 
Dolphin Cove fell 14 cents to close at $13 with an exchange of 36,568 stocks, EduFocal dipped 5 cents to end at $2.35 and closed with an exchange of 133,063 stock units, Elite Diagnostic rose 20 cents to $3.50 in exchanging 7,668 shares. Everything Fresh declined 6 cents to $1.36 after exchanging 10,028,420 stocks Fontana shed 9 cents in closing at $8.70 after exchanging 35,197 units Fosrich advanced 9 cents to close at $3.99 after trading 430,903 stock units. GWest Corporation rallied 6 cents to end at $1.03 in switching ownership of 1,034 units, Honey Bun increased 5 cents to end at $6.60 as 26,027 stocks passed through the market, Indies Pharma lost 9 cents after ending at $2.76 with a transfer of 33,120 shares. KLE Group gained 10 cents to close at $1.80, with three stock units crossing the exchange, 
Knutsford Express popped 5 cents in closing at $7.85 with a transfer of 4,020 stocks, Lasco Distributors advanced 9 cents to $2.89 after 624 units crossed the market and Limners and Bards fell 49 cents to end at $2.31 with the swapping of 36,311 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market rallies
Declining stocks dominated trading on The Jamaica Stock Exchange Main Market on Tuesday with 53 securities trading compared to 55 on Monday and leading to 17 rising, 20 declining and 16 ending unchanged after a 43 percent decline in the volume of stocks traded, value 9 percent higher than on Monday.
A total of 6,830,613 shares were exchanged for $73,463,083 versus 12,066,242 units at $67,419,300 on Monday.
Trading averaged 128,879 units at $1,386,096 versus 219,386 shares at $1,225,805 on Monday and month to date, an average of 204,819 units at $1,513,886 down from 209,746 units at $1,522,176 on the previous trading day. The average trade for October ended at 231,243 units at $1,464,224.
Wigton Windfarm led trading with 1.10 million shares for 16.2 percent of total volume followed by Mayberry Investments with 922,741 units for 13.5 percent of the day’s trade and Sagicor Select Financial Fund with 711,341 units for 10.4 percent market share.
The All Jamaican Composite Index rose 771.52 points to close at 380,113.13, the JSE Main Index rallied 573.98 points to 338,498.41 and the JSE Financial Index inched 0.27 points higher to 81.43.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratio incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments dropped $2.10 to close at $85 after trading 8,149 shares, First Rock Real Estate climbed 65 cents to $13 with an exchange of 5,343 stocks, 
GraceKennedy declined $4.39 to $81.11 with the swapping of 69,076 stock units. Jamaica Broilers advanced $1.35 to $27.48 after 11,106 units crossed the market, JMMB Group dipped $1.30 to close at a 52 weeks’ low of $32.70 in switching ownership of 25,563 units, Kingston Wharves rallied $1.50 to $31.50 with investors transferring 235,701 stocks. Mayberry Investments lost 43 cents to end at $6.56 trading 922,741 shares, MPC Caribbean Clean Energy fell $6 to $78 with a transfer of 700 stock units, Proven Investments advanced 50 cents in closing at $26 with an exchange of 10,862 shares. Supreme Ventures shed 52 cents to finish at $25.41 with 51,545 units changing hands, Sygnus Credit Investments fell 48 cents to $11.52 while transferring 21,865 stock units.
In the preference segment, Eppley 7.75% preference share lost 60 cents to settle at $20.50 after an exchange of 189 stocks and Jamaica Public Service 9.5% dipped $40 to end at $2,960 with the swapping of one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks outgun rising ones
Trading dropped on the Junior Market of the Jamaica Stock Exchange on Tuesday with a 33 percent fall in the volume of stocks exchanged with a 5 percent fall in value compared to Monday after 41 securities were traded versus 43 on Monday and ended with 14 rising, 21 declining and six closing unchanged.
A total of 6,978,401 shares were traded for 22,507,207 compared to 10,381,562 units at $23,676,379 on Monday.
Trading averaged 170,205 shares at $548,956 compared to 241,432 units at $550,613 on Monday, with the month to date, averaging 280,295 shares at $768,458 compared to 287,326 stock units at $782,476 on the previous day. October closed with an average of 264,407 units at $832,036.
Fosrich led trading with 2.29 million shares for 32.8 percent of total volume followed by Dolla Financial with 1.13 million units for 16.2 percent of the day’s trade and 
Lasco Financial with 668,804 units for 9.6 percent market share.
At the close, the Junior Market Index lost 11.12 points to settle at 3,819.27.
The PE Ratio, a measure used in computing appropriate stock values, averages 12. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial fell 10 cents to end at $20.65 with an exchange of 142 shares, AMG Packaging rose 29 cents to $3 in an exchange of 800 stock units,
Blue Power fell 42 cents to $2.68 after trading resulted in 29,743 stocks passing through the market. Consolidated Bakeries popped 40 cents to close at $2.30 after 100 units were exchanged, EduFocal climbed 11 cents in closing at $2.40, with 310,958 shares changing hands, Elite Diagnostic dropped 20 cents in ending at $3.30 after 6,147 stocks crossed the market. Fosrich declined 17 cents in closing at $3.90 while exchanging 2,287,140 stock units, Future Energy Source dipped 15 cents to $4.96 with an exchange of 184,786 units, Iron Rock Insurance rallied 27 cents to end at $2.57 as 150 stocks crossed the exchange. Knutsford Express shed $1.19 to close at $7.80 as investors exchanged 256 stock units, Lasco Financial gained 15 cents to close at $3.08 trading 668,804 units, Lasco Manufacturing shed 18 cents in closing at $3.80 after a transfer of 109,388 shares. Medical Disposables fell 20 cents to a 52 weeks’ low of $4.90 with investors transferring 7,000 stocks, 
Spur Tree Spices lost 10 cents to close at $2.84, with 398,706 units clearing the market and Stationery and Office Supplies dropped $1.25 to end at $14.75 with the swapping of 6,923 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market rally
The Jamaica Stock Exchange Main Market ended on Monday after a merger announcement by Pan Jam Investment and Jamaica Producers gained 18 percent and 24 percent respectively and helped push the market higher at the close after the volume of stocks traded jumped 40 percent higher than on Friday but with 5 percent fall in values from the trading in 55 securities compared to 49 on Friday, with 20 rising, 20 declining and 15 ending unchanged.
JMMB Group traded at an intraday 52 weeks’ low of $32.50, Key Insurance closed at a 52 weeks’ low of$3.15 and Kingston Wharves closed at a 52 weeks’ low of $30.
A total of 12,066,242 shares were tradeded for $67,419,300 compared with 8,629,483 units at $70,734,289 on Friday.
Trading averaged 219,386 units at $1,225,805 versus 176,112 shares at $1,443,557 on Friday and month to date, an average of 209,746 units at $1,522,176 versus 209,050 units at $1,543,568 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
Wigton Windfarm led trading with 6.55 million shares in accounting for 54.3 percent of total volume followed by Transjamaican Highway with 960,085 units for 8 percent of the day’s trade and Jamaica Producers with 883,329 units for 7.3 percent market share.
The All Jamaican Composite Index dropped 1,041.36 points to close at 379,341.61, the JSE Main Index rose 2,547.40 points to 337,924.43 and the JSE Financial Index climbed 1.28 points to 81.16.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and nine with lower offers.
At the close, Caribbean Cement lost 99 cents to close at $57 with an exchange of 4,428 stock units, Eppley rose $1 to $35 with investors transferring 715 units, Eppley Caribbean Property Fund declined $8.87 in closing at $36.02 with a transfer of 39 stocks. 
Guardian Holdings popped $24.98 to $574.98 as investors exchanged 670 shares, Jamaica Producers rose $4.50 to $22.81 in trading 883,329 stocks, Kingston Properties gained $1.38 after ending at $6.91 with a transfer of 35,000 stock units. Kingston Wharves shed $4 to end at a 52 weeks’ low of $30 in exchange of 156,604 units, NCB Financial fell 97 cents in closing at $84 trading 114,161 stock units, Palace Amusement advanced $2.13 to close at $719.01 with the swapping of one unit. PanJam Investment climbed $9 to finish at $58 in switching ownership of 63,430 shares, Proven Investments dropped 50 cents to $25.50 with 10,785 stocks changing hands, Sagicor Group declined 60 cents to $48.60 after exchanging 21,029 stock units. Scotia Group lost 80 cents to end at $35 in transferring 8,573 shares, Seprod fell $1.45 to close at $68.55 with the swapping of 12,621 units, Stanley Motta dipped 54 cents to $4.46 with 3,787 stocks crossing the market. Supreme Ventures rallied $2.87 to $25.93 as investors switched ownership of 90,833 stock units, Sygnus Credit Investments USD share popped $1.72 to close at $18.96 with ten stocks changing hands. 
Sygnus Credit Investments dropped $1.39 to $12 with 59,342 units clearing the market and Wisynco Group advanced 45 cents to end at $18 in exchanging 44,656 shares.
In the preference segment, Jamaica Public Service 9.5% rallied $169.23 to $3,000 in an exchange of 4 stock units, JMMB Group 7.25% preference share rose 40 cents in closing at $3.08 after 6,467 stocks cleared the market and Productive Business Solutions 10.5% preference share dropped $100 to $1,050 with a transfer of 260 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market drops again
Trading picked up a bit on the Junior Market of the Jamaica Stock Exchange on Monday, with a 16 percent rise in the volume of stocks traded after 12 percent more funds passed through the market than on Friday following trading in 43 securities up from 42 on Friday and ended with 19 rising, 17 declining and seven closing unchanged.
A total of 10,381,562 shares were exchanged for $23,676,379 up from 8,983,578 units at $21,220,946 on Friday.
Trading averaged 241,432 shares at $550,613 compared with 213,895 units at $505,261 on Friday with a month to date average of 287,326 units at $782,476 compared to 290,620 stock units at $799,120 on the previous trading day. October averaged 264,407 units at $832,036.
ONE on ONE Educational led trading with 4.75 million shares for 45.7 percent of total volume followed by Dolla Financial with 1.66 million units for 16 percent of the day’s trade and Spur Tree Spices with 981,468 units for 9.5 percent market share.
At the close, the Junior Market Index dipped 41.57 points to settle at 3,830.39.
The PE Ratio, a measure of computing appropriate stock values, averages 12.1. The PE ratios of 
Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
The Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, AMG Packaging dipped 44 cents to $2.71 after closing with 11,625 shares changing hands, Blue Power rose 43 cents in closing at $3.10 in trading 3,104 units, CAC 2000 declined $1.24 to close at $7.06 with investors transferring 325 stocks. Consolidated Bakeries lost 45 cents to end at $1.90 after trading 7,000 stock units, Dolla Financial fell 17 cents to $3.12, with 1,664,774 stock units crossing the market, 
Dolphin Cove dropped 40 cents in closing at $13.20, with 10,018 stocks changing hands. EduFocal shed 16 cents to close at $2.29 after 64,416 units crossed the exchange, Elite Diagnostic gained 15 cents in ending at $3.50 after an exchange of 10,292 shares, Express Catering popped 20 cents to $5 after investors traded 12,565 stock units. Fosrich lost 13 cents to end at $4.07 while exchanging 589,096 stocks, Future Energy Source rallied 11 cents to end at $5.11 with the swapping of 220,888 units, General Accident declined 90 cents to $4 with a transfer of 5,513 shares. ISP Finance dropped $3.49 to close at $15.01 with an exchange of 972 stocks, Jetcon Corporation shed 11 cents in closing at $1.08 as investors exchanged 11,041 units, JFP Ltd climbed 10 cents to $1.50, with 614,991 shares clearing the market. Knutsford Express advanced 99 cents to $8.99, with 1,100 stock units crossing the market, Lasco Financial increased 22 cents to $2.93 in exchanging 82,406 stock units, Lasco Manufacturing increased 18 cents to $3.98 after a transfer of 15,194 units. Limners and Bards climbed 11 cents to end at $2.78 in switching ownership of 238,825 shares, Lumber Depot rallied 27 cents to close at $2.50 while 113,008 stocks passed through the market, Main Event jumped $1.45 to $10 after exchanging 63,235 stock units. 
Medical Disposables dipped 25 cents to $5.10 after trading 3,000 shares, MFS Capital Partners popped 18 cents to end at $2.79 as 62,636 units passed through the market and Paramount Trading advanced 28 cents in closing at $1.80, with 1,019 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market falls on reduced trading
Declining stocks dominated trading for a second day on the Jamaica Stock Exchange Main Market on Friday after an 18 percent decline in the volume of stocks trading, with 54 percent less value than on Thursday, with trading in 49 securities down from 53 on Thursday, with 16 rising, 25 declining and eight ending unchanged.
A total of 8,629,483 shares were traded for $70,734,289 compared to 10,480,449 units at $152,509,794 on Thursday.
Trading averaged 176,112 shares at $1,443,557 versus 197,744 shares at $2,877,543 on Thursday and month to date, an average of 209050 units at $1,543,568 compared with 211,314 units at 1,550,441 on the previous day. October closed with an average of 231,243 stock units at $1,464,224.
Mayberry Jamaican Equities led trading with 1.70 million shares for 19.7 percent of total volume followed by Wigton Windfarm with 1.62 million units for 18.7 percent of the day’s trade and JMMB Group 7.35% – 2028 with 661,370 units for 7.7 percent market share.
The All Jamaican Composite Index shed 2,954.01 points to end at 380,361.84, the JS Main Index dipped 3,393.09 points to 335,377.03 and the JSE Financial Index fell 1.50 points to settle at 79.88.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.2 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments rallied $1.08 to $87.08 in trading 6,208 shares, Caribbean Cement climbed 99 cents to $57.99 with a transfer of 152,435 stock units, Carreras lost 40 cents in closing at $8.60 with 133,530 stocks changing hands. Eppley dropped $5 to end at $34 with an exchange of 668 units, Eppley Caribbean Property Fund popped $4.89 to finish at $44.89 with investors transferring 142 stocks, 
First Rock Real Estate declined 92 cents to $12.20 with the swapping of 12,491 shares. Guardian Holdings advanced $19 to close at $550 after 860 units crossed the market, Jamaica Broilers dipped $1.64 to $26.35 in trading 31,523 stock units, JMMB Group fell $1.50 to a 52 weeks’ closing low of $34 after a transfer of 78,044 stock units. Kingston Properties lost 97 cents to a 52 weeks’ closing low of $5.53 after exchanging 230,448 stocks, Kingston Wharves shed $1.40 to settle at $34 trading 7,960 units, Mayberry Investments gained 44 cents to end at $7 in switching ownership of 4,922 shares. NCB Financial rose $1.97 to close at $84.97 with 142,623 stock units clearing the market, PanJam Investment dropped $3.50 ending at $49 in an exchange of 1,159 stocks, Proven Investments declined $1 to a 52 weeks’ closing low of $26 in exchanging 16,676 shares. Sagicor Group fell 80 cents to a 52 weeks’ closing low of $49.20 as investors swapped 49,480 units, Scotia Group advanced $2.28 to close at $35.80 in trading 48,837 shares,
Seprod rose $1 to end at $70 with 20,478 units changing hands and Supreme Ventures dropped $2.49 to $23.06 with 37,419 stock units crossing the market.
In the preference segment, Jamaica Public Service 9.5% rallied $530.77 to end at $2,830.77 with the swapping of one stock and JMMB Group 7.25% preference share lost 42 cents in closing at $2.68 in exchanging 1,002 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
New IPO pressures Junior Market
The Junior Market of the Jamaica Stock Exchange suffered more declines on Friday, ahead of the opening of the Regency Petroleum IPO on Monday, with the Market Index falling 61.65 points to 3,871.96, some 127 points below the close on Wednesday, ahead of the release of the IPO information.
The recent decline is mild compared with the fall after the announcement of the Trading climbs on the JSE US dollar market Dolla IPO, of just over 330 points, with the market slipping from 4,357.81 points to 4,027.35 the day before the issue opened and in the case of One on One, the market dropped 327 points. In both cases, prices started rebounding strongly on the day the issue opened and continued for some time after.
In Friday’s trading, the volume of stocks exchanged declined 75 percent, with the value down 81 percent from activity on Thursday, with 42 securities trading down from 46 on Thursday and ended with 17 rising,17 declining and eight closing unchanged and Blue Power closed at a 52 weeks’ low of $2.67.
A total of 8,983,578 shares were exchanged for $21,220,946, down sharply from 35,681,537 units at $109,696,406 on Thursday. 
Trading averaged 213,895 shares at $505,261 compared with 775,686 units at $2,384,704 on Thursday. The month to date averaged 290,620 units at $799,120 compared with 296,406 stock units at $821,279 on the previous day. October closed with an average of 264,407 units at $832,036.
ONE on ONE Educational led trading with 3.03 million shares for 33.7 percent of total volume, followed by JFP Ltd with 1.62 million units for 18.1 percent of the day’s trade and Future Energy Source with 711,415 units for 7.9 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 11.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cream declined 14 cents to $3.86, with just 275 shares crossing the exchange, Dolla Financial shed 21 cents in closing at $3.29 after an exchange of 211,171 units, Dolphin Cove popped 10 cents to $13.60, with 1,682 stock units crossing the market. EduFocal gained 13 cents in ending at $2.45 while exchanging 499,211 stocks, Everything Fresh fell 19 cents to close at $1.50 after the trading of 81,824 shares, Express Catering advanced 23 cents to $4.80 in switching ownership of 3,880 stock units. Fontana climbed 69 cents to close at $8.79 with 84,037 units changing hands, Iron Rock Insurance lost 30 cents in ending at $2.30 after trading 50,391 stocks, Jetcon Corporation rose 11 cents to $1.19, with 121,266 shares passing through the market. KLE Group dropped 30 cents to $1.70 with a transfer of 5,500 stock units, Lasco Distributors popped 19 cents to $2.89 with investors transferring 8,900 stocks, Lasco Financial dipped 24 cents to $2.71 in exchanging 4,462 units. Lasco Manufacturing declined 10 cents in closing at $3.80 after 49,808 units passed through the market, Limners and Bards rallied 27 cents to end at $2.67 with an exchange of 22,035 shares, but only after hitting a 52 weeks’ intraday low of $2.30, 
Lumber Depot fell 22 cents to close at $2.23 after a transfer of 72,446 stocks. Main Event declined $1.45 to end at $8.55, with 104,679 stock units changing hands, Medical Disposables shed 15 cents in ending at $5.35, with 1,090 shares clearing the market, Paramount Trading dipped 37 cents to $1.52 after exchanging 51,208 units and Tropical Battery increased 12 cents in closing at $2.50 as investors exchanged 581,061 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for JSE Main Market
Prices on the Jamaica Stock Exchange Main Market plunged on Thursday to overwhelm those rising, following a 56 percent drop in the volume of stocks traded and a 46 percent fall in the value compared to Wednesday trading, after 53 securities were exchanged versus 56 on Wednesday, with 19 rising, 26 declining and eight ending unchanged after several stocks traded at 52 weeks’ lows.
A total of 10,480,449 shares were traded for 152,509,794 compared to 23,960,723 units at $104,197,869 on Wednesday.
Trading averaged 197,744 shares at $2,877,543 compared with 427,870 shares at $1,860,676 on Wednesday and month to date, an average of 211,314 units at $1,550,441 versus 212,403 units at $1,443,870 on the previous day. Trading in October ended with an average of 231,243 units at $1,464,224.
Wigton Windfarm led trading with 2.42 million shares for 23.1 percent of total volume and was followed by Transjamaican Highway with 2.13 million units for 20.4 percent of the day’s trade, JMMB Group with 1.91 million units for 18.2 percent of market share and Kingston Wharves with 1.0 million units for 9.6 percent of total shares traded.
The All Jamaican Composite Index dropped 6,080.71 points to 383,315.69, the JSE Main Index shed 4,910.98 points to 338,770.12 and the JSE Financial Index shed 0.76 points to close at 81.38.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.2 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments shed $3.47 in ending at $86 with 18,069 shares changing hands, Berger Paints rose 85 cents to $10 in switching ownership of 1,640 stocks, Carreras gained 40 cents in closing at $9 with 183,990 units crossing the market. GraceKennedy fell 99 cents to end at $85.50 with a transfer of 44,833 stock units, Guardian Holdings advanced $2.50 to close at $531 in exchanging 1,142 units, Jamaica Broilers dipped 40 cents to end at $27.99 with the swapping of 78,337 stocks. 
JMMB Group lost 55 cents to finish at 52 weeks’ low of $35.50 after hitting an intraday low of $30, with 1,907,834 stock units crossing the exchange, Kingston Properties declined 45 cents to close at $6.50 trading 1,977 shares, Kingston Wharves lost 60 cents in closing at $35.40 after trading at a 52 weeks’ intraday low of $30, with 1,003,077 units changing hands. Massy Holdingsfell $1 to $80 with a transfer of 16,384 stock units, Mayberry Investments lost 79 cents to end at $6.56 with 5,935 shares clearing the market, PanJam Investment dropped 50 cents to close at $52.50 after hitting a 52 weeks’ intraday low of $30 in exchanging 8,544 stocks. Portland JSX advanced $1.20 to $10.20 in trading 12 stock units, Proven Investments shed $1 to 52 weeks’ low of $27 after hitting the day’s low of $25.40 with a transfer of 22,014 units, Sagicor Group dipped 49 cents to $50 in an exchange of 108,413 stocks after the price hit a 52 weeks’ intraday low of $45.20. Scotia Group fell $1.98 to close at $33.52 with the swapping of 1,890 shares, Seprod shed $2 to $69 as investors switched ownership of 659 units,
Supreme Ventures fell 45 cents to end at $25.55 in transferring 57,953 stocks and Sygnus Real Estate Finance gained 90 cents to end at $10.10 trading ten stock units.
In the preference segment, JMMB Group 7.25% preference share popped 43 cents in closing at $3.10 as investors exchanged 20 shares and Productive Business Solutions 9.75% preference share rallied $1 to $106 after trading one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling Junior Market stocks clobber gains
The Junior Market of the Jamaica Stock Exchange dropped again on Thursday, with prices of 29 stocks falling and only eight rising, following the issue of the prospectus for Regency Petroleum today, with the volume of stocks traded rising 355 percent with the value surging 438 percent over Wednesday’s trades and ending with 46 securities trading up from 40 on Wednesday and ending with only nine trading unchanged.
A total of 35,681,537 shares were traded for $109,696,406 up from 7,838,155 units at $20,403,040 on Wednesday.
Trading averaged 775,686 shares at $2,384,704 compared to 195,954 units at $510,076 on Wednesday, with the month to date averaging 296,406 units at $821,279 compared with 253,261 stock units at $680,540 on the previous day. October closed with an average of 264,407 units at $832,036.
Dolla Financial led trading with 21.01 million shares 58.9 percent of total volume, followed by ONE on ONE Educational with 2.86 million units for 8 percent of trading, JFP Ltd was next with 2.15 million units for 6 percent market share, followed by KLE Group with 2.15 million units for 6 percent of the market outcome and EduFocal with 1.44 million units for 4 percent market share.
At the close, the Junior Market Index shed 38.65 points to settle at 3,933.61.
The PE Ratio, a measure of computing appropriate stock values, averages 11.9. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Blue Power declined 40 cents in closing at a 52 weeks’ low of $2.70, after 499 shares passed through the market, Cargo Handlers dipped $2 to close at $11 in switching ownership of 1,248 stock units, Dolla Financial popped 23 cents to $3.50 and closed after 21,010,866 stocks changed hands. Dolphin Cove rose 10 cents to end at $13.50 after exchanging 7,770 units, EduFocal shed 41 cents in ending at $2.32 while exchanging 1,440,329 stock units, Express Catering lost 43 cents in closing at $4.57 after trading 54,094 units. 
Fontana fell 75 cents to $8.10 with a transfer of 103,580 stocks, Fosrich dropped 17 cents to $4.21 with the swapping of 812,779 shares, Future Energy Source declined 24 cents to close at $4.96 as investors exchanged 685,047 stock units. General Accident climbed 50 cents to $4.90, with just 300 stocks crossing the exchange, GWest Corporation lost 11 cents in closing at 98 cents with 40,435 shares changing hands, Honey Bun dipped 29 cents to $6.50 after an exchange of 6,241 units. Indies Pharma dipped 11 cents to end at $2.74, with 7,779 units clearing the market, Iron Rock Insurance rallied 30 cents to close at $2.60 after an exchange of 363 stocks, ISP Finance gained $3.49 to $18.50 after a transfer of a mere five stock units. JFP Ltd shed 12 cents to $1.45 with investors transferring 2,152,239 shares, KLE Group advanced 34 cents in closing at $2 in trading 2,149,248 stocks, Knutsford Express fell 80 cents to close at $8, with just 180 shares changing hands. Lasco Distributors dropped 10 cents after ending at $2.70 with trading of 51,637 stock units, Lasco Financial increased 23 cents to end at $2.95 with an exchange of 2,950 units, Limners and Bards shed 10 cents to close at $2.40 in 8,775 shares changing hands. 
Main Event lost $2 in ending at $10, with 241,195 stocks crossing the market, Medical Disposables climbed 35 cents to end at $5.50 after exchanging ten stock units, MFS Capital Partners declined 15 cents to $2.60 after exchanging 498,334 units.Spur Tree Spices dipped 15 cents in closing at $2.90 with the swapping of 608,985 stocks and Tropical Battery fell 12 cents to close at $2.38 808,197 units changing hands.
In the preference segment, CAC 2000 9.5% preference share shed 10 cents to end at $1 after trading of 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling JSE Main Market stocks clobber risers
At the close of the market, The volume of stocks traded on the Jamaica Stock Exchange Main Market rose 97 percent on Wednesday, with a value 14 percent lower than on Tuesday, resulting from 56 securities trading, compared to 58 on Tuesday, with 15 rising, 27 declining and 14 ending unchanged.
Palace Amusement lost $75.12 on Wednesday.
A total of 23,960,723 shares were traded for $104,197,869 versus 12,140,427 units at $121,031,433 on Tuesday.
Trading averaged 427,870 shares at $1,860,676 against 209,318 shares at $2,086,749 on Tuesday and month to date, an average of 212,403 units at $1,443,870 versus 192,426 units at $1,405,226 on the previous trading day. October averaged 231,243 units at $1,464,224.
Wigton Windfarm led trading with 18.07 million shares for 75.4 percent of total volume, followed by JMMB Group 7.35% – 2028 with 1.73 million units for 7.2 percent of the day’s trade and JMMB Group with 929,318 units for 3.9 percent market share.
The All Jamaican Composite Index fell 453.12 points to 389,396.40, the JSE Main Index advanced 1,525.74 points to 343,681.10 and the JSE Financial Index popped 0.77 points to close at 82.14.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.2 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints shed 85 cents to end at $9.15 with 663 shares crossing the market, Carreras fell 48 cents in ending at $8.60 after trading 180,526 units, Guardian Holdings jumped $28.50 to close at $528.50 after an exchange of 18,157 stock units. JMMB Group dipped 94 cents to a 52 weeks’ low of $36.05 in switching ownership of 929,318 stocks, Massy Holdings rallied $1 to end at $81 as investors exchanged 115,035 stocks, NCB Financial declined $1.47 to $83.03 with investors transferring 140,898 units. Palace Amusement dropped $75.12 in closing at $716.88 in transferring 40 shares, PanJam Investment lost 50 cents to close at $53 after 2,265 stock units cleared the market, Proven Investments dipped $1.30 ending at a 52 weeks’ low of $28 with an exchange of 44,415 stocks. Sagicor Group declined 51 cents to end at $50.49 in trading 35,467 shares, Scotia Group gained $1.16 to end at $35.50 with the swapping of 60,071 stock units, Supreme Ventures fell $1 to $26 after exchanging 59,226 units. 
Sygnus Credit Investments USD share advanced $1.57 in closing at 52 weeks’ high of $17.24 after trading 74 stocks.
In the preference segment, Jamaica Public Service 9.5% dropped $800 to close at $2,300 after a transfer of 13 stock units and Productive Business Solutions 9.75% preference share shed $35 to settle at $105 with 634 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
