Trading jumped on the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded rising 11 percent with 111 percent greater value than on Tuesday, following trading in 43 securities versus 44 on Tuesday and ended with 23 rising, 15 declining and five closing unchanged.
Jamaican Teas led trading with 4.52 million shares for 25.6 percent of total volume, followed by Cargo Handlers with 3.30 million units for 18.7 percent of the day’s trade, iCreate closed with 2.17 million units for 12.3 percent of the market, ONE on ONE Educational had 1.89 million units for 10.7 percent market share and Fosrich with 1.08 million units for a 6.1 percent share.
At the close, the Junior Market Index gained 11.10 points to end at 4,202.18.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. 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 three stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AMG Packaging rallied 44 cents to close at $3.95 with the swapping of 360 shares, Cargo Handlers shed 10 cents in closing at $14.50 after trading 3,300,430 units, Caribbean Assurance Brokers increased 39 cents to $2.69, with 1,000 stocks crossing the market. Elite Diagnostic climbed 20 cents to $3.55 after a transfer of 380,207 stock units, Future Energy Source advanced 12 cents to end at $4.88, with 421,313 stock units crossing the exchange, General Accident lost 37 cents in closing at $5.03aim trading 13,771 stocks. iCreate dropped 39 cents to close at $3.60 as investors exchanged 2,173,117 shares, Iron Rock Insurance rose 18 cents to $3.28, with five units changing hands, Jamaican Tea popped 35 cents to $2.90 and closed with an exchange of 4,516,759 stock units. KLE Group declined 27 cents to end at $1.80 in switching ownership of 538 stocks, Knutsford Express gained 90 cents to end at $7 while exchanging 1,350 units, Lasco Financial fell 13 cents to $2.94 in exchanging 15,597 shares. Limners and Bards added 12 cents in closing at $2.89, with 40,299 units clearing the market, 
Lumber Depot advanced 12 cents to close at $3 with a transfer of 386,221 shares, Main Event rose $1.79 and ended at $7.49 after exchanging one stock unit. Medical Disposables dipped 15 cents to $5.85 in an exchange of 56,735 stocks and ONE on ONE Educational popped 13 cents to $2, 1,888,447 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices pressured but Main Market gains
Market activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 18 percent, with 23 percent greater value than on Monday, with 53 securities trading compared to 62 on Monday, leading 15 rising, 28 declining and 10 ending unchanged.
A total of 10,202,723 shares were exchanged for $99,881,216 versus 8,665,395 units at $81,164,850 on Monday. Trading averaged 192,504 units at $1,884,551 versus 139,764 shares at $1,309,110 on Monday. The month to date averages 229,234 units at $2,357,478 compared to 233,560 units at $2,413,179 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 3.12 million shares for 30.5 percent of total volume followed by Pulse Investments with 2.74 million units for 26.9 percent of the day’s trade and Transjamaican Highway with 890,991 units for 8.7 percent market share.
The All Jamaican Composite Index gained 112.38 points to close at 408,449.02, the JSE Main Index rose 1,661.36 points to 359,413.08 and the JSE Financial Index increased 1.05 points to settle at 86.11.
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 nine stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments fell $2.60 to $87.35 trading 124,600 shares, Caribbean Cement lost $2.40 to close at $59.10 in switching ownership of 5,558 stock units, Caribbean Producers dipped 70 cents in closing at $13.28, with 23,876 units crossing the exchange. Carreras shed 43 cents to $8.52 in an exchange of 150,296 stocks, Guardian Holdings gained $34.99 to end at $529.99 in exchanging two units, Jamaica Stock Exchange increased $1.50 to $17.10 after a transfer of 9,588 stocks. JMMB Group rallied 45 cents to end at $41.50 trading 51,042 stock units, Kingston Wharves dropped 41 cents in ending at $36.10 after exchanging 17,036 shares, NCB Financial rose $1 to close at $90, with 133,117 units crossing the market. 138 Student Living declined $1.30 in closing at $5.50 with an exchange of 3,184 stocks, Proven Investments advanced $1.94 in closing at $31.99 after exchanging 867 stock units, 
Scotia Group dropped $1.15 to $34 in trading 24,528 shares and Sygnus Credit Investments climbed 45 cents to $13.70, with 12,647 stocks changing hands.
In the preference segment, Jamaica Public Service 9.5% lost $450 to end at $2650, with 574 units changing hands and 138 Student Living preference share fell $1 to close at $60 as investors exchanged 100 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dropped on the Junior Market
Trading dropped on the Junior Market of the Jamaica Stock Exchange on Tuesday, with the volume of stocks traded declining 28 percent, with the value 35 percent lower than on Monday after 44 securities participated in trading versus 47 on Monday and ended with prices of 18 rising,21 declining and five closing unchanged.
A total of 15,819,476 shares were exchanged for $44,484,518 down from 21,969,586 units at $68,081,567 on Monday. Trading averaged 359,534 shares at $1,011,012 compared to 467,438 units at $1,448,544 on Monday, with the month to date, averaging 592,604 units at $1,892,793 compared to 621,573 units at $2,002,392 on the preceding trading day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE Educational led trading with 2.46 million shares for 15.6 percent of total volume, followed by JFP Limited with 2.30 million units for 14.5 percent of the day’s trade, EduFocal continued with 1.91 million units for 12.1 percent market share and MFS Capital Partners ended with 1.84 million units for 11.6 percent stocks traded.
At the close, the Junior Market Index climbed 34.28 points to settle at 4,191.08.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. 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 six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial advanced $1 in closing at $21 after switching ownership of 200 shares, AMG Packaging shed 44 cents to $3.51 as investors exchanged 22,523 units, CAC 2000 lost $1.10 to end at $6.90 in trading 177 stock units. Cargo Handlers fell 15 cents to $14.60 while exchanging 136 stocks, Caribbean Assurance Brokers declined 42 cents to close at $2.30 after a transfer of 110,999 stock units, Derrimon Trading dropped 12 cents to $2.15, with 651,014 shares crossing the market. EduFocal dipped 16 cents to close at $2.25 with an exchange of 1,907,768 stocks, Express Catering rose 15 cents in closing at $5.60 after trading 265,029 units, Fontana dipped 32 cents to end at $9.15, with 66,613 stock units changing hands. Honey Bun climbed 80 cents in ending at $8.80 and exchanging 82,287 shares, Iron Rock Insurance rallied 34 cents to close at $3.10 with investors transferring 77,703 units, KLE Group popped 27 cents to $2.07 with 500 stocks clearing the market. Knutsford Express shed $1.15 to close at a 52 weeks’ low of $6.10 after trading 10,857 stock units, Lasco Financial gained 32 cents in closing at $3.07 after exchanging 68,071 stocks, Limners and Bards dropped 14 cents to end at $2.77 after 7,140 units changed hands. 
Main Event increased 18 cents to $5.70 with a transfer of 3,565 shares, MFS Capital Partners advanced 45 cents to $3.60 in an exchange of 1,839,829 shares, Paramount Trading declined 14 cents in closing at $1.81, with 11,000 stocks crossing the market and Spur Tree Spices fell 14 cents to $3.60 with the swapping of 311,010 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE almost steady
Market activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 10 percent and 49 percent lower than on Friday, following the trading of 62 securities compared to 57 on Friday, with 21 rising, 26 declining and 15 ending unchanged.
A total of 8,665,395 shares were traded at $81,164,850 down from 9,582,712 units for $160,269,027 on Friday.
Trading averaged 139,764 units at $1,309,110 versus shares at $2,811,726 on Friday and month to date an average of 233,560 units at $2,413,179, compared to 248,548 units at $2,589,602 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Sagicor Select Financial Fund led trading with 2.49 million shares for 28.7 percent of total volume followed by Wigton Windfarm with 1.73 million units for 20 percent of the day’s trade and Transjamaican Highway ended with 1.05 million units for 12.1 percent market share.
The All Jamaican Composite Index dipped 259.54 points to 408,336.64, the JSE Main Index fell 67.18 points to 357,751.72 and the JSE Financial Index fell 0.40 points to settle at 85.06.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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 ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments popped $2.95 to $89.95 after exchanging 202,553 shares, Caribbean Cement dipped 49 cents to $61.50, with 11,724 stocks clearing the market, GraceKennedy shed 49 cents to $94 after 23,588 stock units changed hands. Jamaica Broilers dropped $1.50 to close at $28.50 after trading 24,102 units, Jamaica Producers lost 40 cents to end at $20, with 5,356 units crossing the exchange, Jamaica Stock Exchange fell $1.62 to $15.60 after the swapping of 8,901 shares. JMMB Group declined 45 cents to close at $41.05 after a transfer of 151,986 stocks, Kingston Wharves dipped 94 cents to $36.51 in an exchange of 247 stock units, Mayberry Investments declined 80 cents to end at $7.65 as investors exchanged 115,231 shares. MPC Caribbean Clean Energy shed $1.50 in closing at $83.50 with investors transferring one stock unit, Palace Amusement fell $3.82 to end at $900 after 10 stocks were traded, PanJam Investment rallied $1 to close at $6, with 2,215 units changing hands. Portland JSX increased 91 cents in closing at $9.91 after 80 stock units crossed the market, Sagicor Group climbed 75 cents to $51.50 with an exchange of 519,209 stocks, 
Sygnus Credit Investments lost 47 cents ending at $13.25 with the swapping of 8,763 units and Sygnus Real Estate Finance dropped $1 to close at $9 with a transfer of 41,375 shares.
In the preference segment, Eppley 5% preference share advanced $1.69 to $21.89 in trading 5 units, 138 Student Living preference share dropped $1 in closing at $61 in switching ownership of 62 stocks and Productive Business Solutions 9.75% preference share declined $5 to end at $145 while exchanging 304 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Most Junior Market stocks rose
Junior Market trading closed on the Jamaica Stock Exchange on Monday, with the volume of stocks traded rising 10 percent more and the value 21 percent higher than on Friday with 47 securities trading versus 45 on Friday and ending with prices of 20 rising, 14 declining and 13 closing unchanged.
A total of 21,969,586 shares were exchanged for $68,081,567 up from 20,063,473 units at $56,261,266 on Friday.
Trading averaged 467,438 shares at $1,448,544 compared to 445,855 units at $1,250,250 on Friday, with the month to date, averaging 621,573 units at $2,002,392 versus 645,170 units at $2,087,184 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE Educational led trading with 6.52 million shares for 29.7 percent of total volume followed by iCreate, 3.23 million units for 14.7 percent of the day’s trade, Jamaican Teas ended with 3.21 million units for 14.6 percent of the day‘s trade, Future Energy Source traded 2.11 million units for 9.6 percent market share, Fosrich closed with 1.90 million units for 8.7 percent of the market and Dolla Financial, with 1.30 million units for 5.9 percent market share.
At the close, the Junior Market Index declined 26.25 points to settle at 4,156.80.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. 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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial dipped $2 to $20 after exchanging 37,838 shares, Cargo Handler popped 87 cents to $14.75 while exchanging 2,246 stocks, Caribbean Cream rose 67 cents to $4.67 in an exchange of 111 stock units. Consolidated Bakeries increased 25 cents to close at $2.25 with investors trading 57,276 units, Derrimon Trading rallied 7 cents to end at $2.27, with 72,644 units crossing the exchange, Dolla Financial declined 12 cents to $3.34 and closed after 1,296,994 shares changed hands, EduFocal climbed 13 cents to $2.41 in trading 423,199 stock units, Express Catering lost 27 cents after ending at $5.45 in exchanging 234,945 stocks, Fosrich advanced 15 cents in closing at $4.35 in trading 1,903,793 stocks. Indies Pharma gained 9 cents to end at $3.09 after exchanging 130,520 units, Jetcon Corporation rose 7 cents to close at $1.18 with the transfer of 3,067 stock units, KLE Group dropped 27 cents to $1.80, with 6,099 shares changing hands. Lumber Depot shed 10 cents to end at $2.90 with an exchange of 233,464 units,
Main Event fell 98 cents to $5.52, with 30,948 stocks crossing the market, Medical Disposables rallied 10 cents in ending at $5.95 after a transfer of 6,021 stock units and MFS Capital Partners declined 40 cents in ending at $3.15 with the swapping of 200,025 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More decline for Junior Market
For a second consecutive day, the Junior Market Index declined sharply and dropped 46.93 points to 4,183.05 following the 76 points fall on Thursday as trading closed on the Jamaica Stock Exchange on Friday, with the volume of stocks traded declining 21 percent and the value 24 percent lower than on Thursday.
Investors exchanged 45 securities versus 44 on Thursday, 12 rose, 19 declined and 14 closed unchanged.
A total of 20,063,473 shares were exchanged for $56,261,266 compared to 25,483,749 units at $73,838,816 on Thursday. Trading averaged 445,855 shares at $1,250,250 compared to 579,176 shares at $1,678,155 on Thursday with the month to date, averaging 645,170 units at $2,087,184 compared to 679,404 units at $2,230,932 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE Educational led trading with 9.46 million shares for 47.2 percent of total volume followed by Dolla Financial with 3.42 million units for 17.1 percent of the day’s trade, Fosrich with 1.96 million units for 9.8 percent market share and MFS Capital Partners with 1.42 million units for 7.1 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. 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 one stock ended with a bid higher than their last selling prices and two with lower offers.
At the close, Access Financial fell $2 to $22 with a transfer of 3,899 shares, CAC 2000 rallied 42 cents to $8, with 177 stock units crossing the market, Caribbean Cream lost 75 cents in closing at $4 after exchanging 3,369 units. Consolidated Bakeries gained 10 cents to end at $2, with 159,209 stocks crossing the market, Derrimon Trading lost 10 cents to close at $2.20 in exchanging 160,635 stocks, Dolla Financial dipped 19 cents in ending at $3.46 after trading 3,421,844 units. EduFocal shed 16 cents to close at $2.28 with an exchange of 267,255 shares, Express Catering advanced 12 cents in closing at $5.72 with the swapping of 53,649 stock units, Fosrich declined 19 cents to end at $4.20 after exchanging 1,963,718 stock units. General Accident rose 40 cents to $5.43 in an exchange of 967 shares, KLE Group rallied 54 cents to close at $2.07 in switching ownership of 12,867 units, Limners and Bards popped 17 cents in closing at $2.90 with investors transferring 46,806 stocks. 
Mailpac Group dipped 20 cents to end at $2.20 after a transfer of 23,124 shares, Medical Disposables fell 15 cents to $5.85, with 83,914 stock units changing hands and MFS Capital Partners climbed 70 cents ending at $3.55 in trading 1,424,321 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market drops on Friday
The volume of stocks trading dropped sharply on Friday from Thursday, with 40 percent fewer shares changing hands but with 50 percent more value on the Jamaica Stock Exchange Main Market, following trading in 57 securities compared to 49 on Thursday, with 16 rising, 23 declining and 18 ending unchanged.
Investors traded 9,582,712 shares for $160,269,027 compared to 15,879,100 units at $107,233,955 on Thursday.
Trading averaged 168,118 units at $2,811,737 versus 324,063 shares at $2,188,448 on Thursday and the month to date, an average of 248,548 units at $2,589,602, compared to 262,399 units at $2,551,349 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 3.46 million shares for 36.1 percent of total volume followed by Jamaica Broilers with 2.66 million units for 27.7 percent of the day’s trade and Sagicor Select Financial Fund with 702,907 units for 7.3 percent of market share.
The All Jamaican Composite Index fell 1,798.48 points to 408,596.18, the JSE Main Index shed 2,629.10 points to 357,818.90 and the JSE Financial Index slipped 1.17 points to 85.46.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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 seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement gained 99 cents in ending at $61.99 after exchanging 38,232 shares, Carreras increased 56 cents to end at $8.90 as investors exchanged 617,019 stocks, Eppley rose $1.49 to $40.50 after exchanging 20 units. Eppley Caribbean Property Fund dipped $2.40 to close at $41.60 in trading 232 stock units, Guardian Holdings fell $25 to $495 with a transfer of 14,824 shares, Jamaica Broilers added $2.45 in closing at $30, with 2,659,066 stock units clearing the market. Jamaica Producers popped $1.15 to end at $20.40 with investors transferring 10,352 units, JMMB Group climbed 50 cents to $41.50 in switching ownership of 56,597 stocks, NCB Financial dropped 99 cents to close at $89.01 with the swapping of 46,094 shares. 138 Student Living rallied 89 cents to $6.85 trading 1,557 units, Palace Amusement rallied $9.80 to end at $903.82, with 21 stocks clearing the market, PanJam Investment shed $1 to $59, with 42,076 stock units crossing the exchange. Portland JSX declined $1 in closing at $9, with 1,172 stock units changing hands, Proven Investments fell $2.46 after ending at $30.03 in an exchange of 6,403 stocks, Sagicor Group lost $3.70 to close at $50.75 while exchanging 13,872 shares. 
Salada Foods shed 62 cents to close at $4.06 after exchanging 16,003 units, Supreme Ventures fell 85 cents to $28.50 after a transfer of 11,671 units and Sygnus Credit Investments rose 51 cents to end at $13.72 with an exchange of 18,605 stock units.
In the preference segment, Eppley 7.50% preference share declined 49 cents after ending at $7 in exchanging 151 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market in big dip
Calling stocks overwhelmed those rising and pushed the Index of the Junior Market of the Jamaica Stock Exchange down 75.97 points to 4,229.98 in Thursday’s trading, with the volume of stocks traded declining 51 percent and the value 51 percent lower than on Wednesday as 44 securities trading the same as on Wednesday and ended with eight rising, 24 declining and 12 unchanged.
Investors exchanged 25,483,749 shares for $73,838,816, down from 51,809,949 units at $151,838,965 on Wednesday.
Trading averaged 579,176 shares at $1,678,155 compared to 1,177,499 shares at $3,450,886 on Wednesday with the month to date, averaging 679,404 units at $2,230,932 compared to 699,633 units at $2,342,501 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE Educational led trading with 11.35 million shares for 44.5 percent of total volume followed by MFS Capital Partners with 3.98 million units for 15.6 percent of the day’s trade, Dolla Financial with 3.43 million units for 13.4 percent market share, Fosrich with 2.17 million units for 8.5 percent market share and Future Energy Source with 1.66 million units for 6.5 percent of the day’s trade.
The PE Ratio, a measure of computing appropriate stock values, averages 13. 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 four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial shed $1.30 to $24 in trading 2,413 shares, Blue Power rallied 25 cents in closing at $3.75 after exchanging 13 stocks, Caribbean Cream lost 5 cents to end at $4.75 with the trading of six stock units. Consolidated Bakeries declined 30 cents ending at $1.90 after exchanging 27,199 units, Dolla Financial dropped 14 cents to close at $3.65 after a transfer of 3,425,801 stocks, EduFocal climbed 9 cents in closing at $2.44 in trading at 119,888 shares. Express Catering dipped 14 cents to close at $5.60 in switching ownership of 18,454 stock units, Fosrich fell 11 cents to $4.39, with 2,172,374 units clearing the market, Future Energy Source lost 5 cents to end at $4.85, with an exchange of 1,658,103 shares. GWest Corporation increased 7 cents in ending at $1.02 with investors transferring 71,099 stock units, KLE Group dropped 54 cents to end at $1.53 in trading 2,037 units, Lasco Distributors rose 12 cents to $2.95 in exchanging 41,362 stocks. Lasco Financial shed 5 cents to $2.75 with the swapping of 20,760 shares, Limners and Bards declined 10 cents to close at $2.73 with a transfer of 275,869 stocks, Medical Disposables gained 10 cents to end at $6 in an exchange of 7,227 units. 
MFS Capital Partners dipped 90 cents to $2.85 while exchanging 3,975,446 stock units and ONE on ONE Educational fell 10 cents to end at $1.90, with 11,346,788 stocks changing hands.
In the preference segment, CAC 2000 9.5% preference share advanced 9 cents to $1.18 with 2,429 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market rises on Thursday
Market activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising 55 percent, with 21 percent lower value than on Wednesday, with 49 securities trading compared to 59 on Wednesday, with 19 rising, 20 declining and 10 ending unchanged.
A total of 15,879,100 shares were traded for $107,233,955 versus 10,275,420 units at $135,202,574 on Wednesday.
Trading averaged 324,063 units at $2,188,448 against 174,160 shares at $2,291,569 on Wednesday and for the month to date, an average of 262,399 units at $2,551,349, compared to 251,684 units at $2,614,406 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 8.13 million shares for 51.2 percent of total volume followed by JMMB Group 7.35% due 2028 with 3.50 million units for 22 percent of the day’s trade and Transjamaican Highway with 839,751 units for 5.3 percent market share.
The All Jamaican Composite Index advanced 2,591.81 points to 410,394.66, the JSE Main Index popped 1,117.23 points to 360,448.00 and the JSE Financial Index gained 0.37 points to settle at 86.63.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.7 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 five stocks ended with a bid higher than their last selling prices and four with lower offers.
At the close, Carreras shed 46 cents to end at $8.34 in an exchange of 246,903 shares, Eppley Caribbean Property Fund rallied $2.40 in closing at $44 in switching ownership of 15 stocks, GraceKennedy rose $1.78 in ending at $94.49 after trading 14,524 stock units. Guardian Holdings fell $3 to $520, with 51 units crossing the market, Jamaica Broilers declined 50 cents to close at $27.55 with the swapping of 13,562 units, Jamaica Stock Exchange advanced $1.01 to close at $17.21 with investors transferring 10,525 stock units. JMMB Group climbed 99 cents in closing at $41 as investors exchanged 33,848 stocks, Kingston Wharves increased $1.35 to $37.45 after 445 shares were exchanged, Massy Holdings fell $1.50 to $85, with 508,521 stocks crossing the exchange. Mayberry Investments gained 48 cents to end at $8.59 after closing with trading of 137,639 stock units, Mayberry Jamaican Equities popped $1.05 to close at $14.06 after a transfer of 100,200 shares, 138 Student Living dropped $1.04 to end at $5.96, with 3,172 units changing hands. Palace Amusement dropped $55.98 in closing at $894.02 with an exchange of 53 stock units, PanJam Investment rose 40 cents to $60 after exchanging 2,281 units, Portland JSX advanced 99 cents to $10 trading 3,898 shares. 
Sagicor Group popped 45 cents to close at $54.45 while exchanging 38,963 stocks, Scotia Group climbed $1.50 to $35 with a transfer of 48,825 shares, Supreme Ventures rallied $1.05 in ending at $29.35 with 33,129 units clearing the market. Sygnus Credit Investments dipped 44 cents to end at $13.21 in exchanging 22,892 stock units and Sygnus Real Estate Finance increased $1.25 in closing at $10.30 after exchanging 20 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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Main Market stocks rise Wednesday
Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 118 percent with 215 percent more value than on Tuesday, following trading of 59 securities compared to 53 Tuesday, with 25 rising, 15 declining and 19 ending unchanged.
Investors traded 10,275,420 shares for $135,202,574 up from 4,720,134 units at $42,982,084 on Tuesday.
Trading averaged 174,160 units at $2,291,569 versus 89,059 shares at $810,983 on Tuesday and for the month to date, an average of 251,684 units at $2,614,406 compared to 272,195 units at $2,699,821 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 2.37 million shares for 23 percent of total volume followed by JMMB Group 7.5% with 1.37 million units for 13.3 percent of the day’s trade, Transjamaican Highway ended with 1.25 million units for 12.1 percent market share and Caribbean Producers with 1.16 million units for 11.3 percent of shares traded.
The All Jamaican Composite Index rallied 1,089.93 points to 407,802.85, the JSE Main Index advanced by 1,179.38 points to close at 359,330.77 and the JSE Financial Index added 0.84 points to settle at 86.26.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.7 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 eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments gained $2.03 to end at $87 with an exchange of 556,415 shares, Caribbean Cement increased $1 to $61 while trading 15,240 stock units, Caribbean Producers advanced 80 cents to close at $14.20 in switching 1,159,358 stocks. GraceKennedy lost $1.79 to end at. $92.71, with 39,017 units clearing the market, Guardian Holdings climbed $7 to $523 with the swapping of 100 stock units, Jamaica Producers dropped $1.47 to end at $19.02 after transferring 29,303 shares. Jamaica Stock Exchange shed 80 cents in ending at $16.20 as investors exchanged 2,515 stocks, JMMB Group fell $1.49 to $40.01 after closing trading of 792,727 units, Massy Holdings dipped $2 in closing at $86.50, with 2,192 stocks changing hands. Mayberry Investments declined $1.19 to close at $8.11 after exchanging 142,722 units, Mayberry Jamaican Equities shed 59 cents to $13.01 in exchanging 7,083 stock units, 138 Student Living popped 43 cents to $7, with 162,701 shares crossing the exchange. Palace Amusement rose $170 to $950 in trading 23 shares, Proven Investments rallied $2.48 in closing at $32.50 in exchanging 3,742 stock units, Scotia Group gained $1.50 to close at $33.50, with 89,436 stocks crossing the market. 
Seprod increased 90 cents to close at $69.95 in an exchange of 4,305 units, Supreme Ventures declined 70 cents in closing at $28.30 with a transfer of 69,347 units and Wisynco Group dropped 46 cents in ending at $16.99 trading 101,247 stock units.
In the preference segment, Eppley 7.25% preference share lost $1.28 to $20 finishing at 6,000 shares and Transjamaican Highway 8% climbed 43 cents to end at $1.90 crossing the market one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
