OneonOne the dominant stock

Trading jumped sharply at the close of the Junior Market of the Jamaica Stock Exchange Tuesday, with the volume of stocks traded rising 117 percent and the value climbing 58 percent over Monday, with OneonOne Educational cornering 33 million shares after 44 securities were active versus 43 on Monday, resulting in prices of 19 rising, 14 declining and 11 closing unchanged.

Ricardo Allen CEO of One to One

A total of 45,397,558 shares were exchanged for $124,937,848 up from 20,936,329 units at $79,292,490 on Monday. Trading averaged 1,031,763 shares at $2,839,497 compared to 486,891 shares at $1,844,011 on Monday with the month to date, averaging 578,794 units at $2,062,220 compared to 425,481 units at $1,799,142 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE  led trading with 33.15 million shares for 73 percent of total volume, followed by Dolla Financial with 4.37 million units for 9.6 percent of the day’s trade. Fosrich ended with 3.02 million units for 6.6 percent market share and MFS Capital Partners traded 1.24 million units for 2.7 percent of the day’s trade.
At the close, the Junior Market Index rallied 4.95 points to settle at 4,303.70 after OneonOne traded at a record closing high of $2.40 and Lasco Distributors traded at an intraday 52 weeks’ low of $2.81.
The PE Ratio, a measure of computing appropriate stock values, averages 13.3. 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 one with a lower offer.
At the close, Access Financial dropped $4 to end at $21 after exchanging 747 shares, but coded with the bid at $22, AMG Packaging rose 35 cents in closing at $4 while exchanging 3,001 units, CAC 2000 added 89 cents to close at $6.89, with 6,008 stocks crossing the market. Caribbean Flavours increased 12 cents to $1.92 with the swapping of 246,201 stock units, Consolidated Bakeries advanced 15 cents in ending at $2.25 after exchanging 54,890 stock units, Dolla Financial gained 10 cents after ending at $3.55 in exchanging 4,369,384 units. Dolphin Cove dipped 18 cents in closing at $15 in trading 76,666 stocks, Elite Diagnostic popped 10 cents to $3.43 after a transfer of 956 shares, Everything Fresh rallied 22 cents to close at $1.95, with 229,950 stocks crossing the market. Express Catering climbed 14 cents to $5.74 with investors transferring 2,182 units, Jamaican Teas gained 14 cents to close at $2.65 with 41,044 shares changing hands, Limners and Bards lost 16 cents to end at $2.82 after trading 919 stock units. Lumber Depot climbed 25 cents to $3.09 in switching ownership of 129,075 shares, Main Event fell 76 cents in closing at $6.89, with 12,850 stock units clearing the market, MFS Capital Partners popped 25 cents to $4, with 1,241,816 stocks changing hands and Stationery and Office Supplies declined 93 cents to close at $17 with a transfer of 5,995 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading activities dropped on JSE Main Market

The Jamaica Stock Exchange Main Market ended trading on Tuesday, with the volume of stocks declining by 58 percent, with a 37 percent lower value than on Monday, after  53 securities traded compared to 57 on Monday, with 16 rising, 22 declining and 15 ending unchanged after 138 Student Living preference share closed at a record high of $62.
Just 4,720,134 shares were exchanged for a mere $42,982,084,down from 11,109,790 units at $68,584,991 on Monday. Trading averaged 89,059 units at $810,983 versus 194,909 shares at $1,203,245 on Monday and month to date, an average of 272,195 units at $2,699,821, compared to 329,291 units at $3,288,694 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 1.03 million shares for 21.9 percent of total volume followed by Wigton Windfarm with 898,022 units for 19 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 500,000 units for 10.6 percent of market share.
The All Jamaican Composite Index rose262.34 points to 406,712.92, the JSE Main Index declined 956.79 points to 358,151.39 and the JSE Financial Index shed 0.17 points to settle at 85.42.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.6 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 eight with lower offers.
At the close, Caribbean Cement shed 50 cents to end at $60 in an exchange of 61,451 shares, Eppley Caribbean Property Fund lost $2.40 to close at $41.60 after trading 235 units, Guardian Holdings gained $1 in ending at $516, with 86 stock units clearing the market. Jamaica Stock Exchange fell 52 cents in closing at $17, with an exchange of 24,969 stocks, Kingston Wharves declined $1.40 to close at $36.10, with a transfer of 2,815 stocks, Mayberry Investments rose 79 cents to end at $9.30 as investors exchanged 89,048 stock units. Palace Amusement dipped $70 to $780, with 29 shares crossing the exchange, PanJam Investment dropped 50 cents in closing at $59.50 while exchanging 8,385 units, Portland JSX shed $1 to $9 after trading 365 stocks. Proven Investments dropped $2.63 to close at $30.02 with investors transferring 5,449 stock units, Salada Foods rallied 50 cents in ending at $4.50 in exchange of 592 units, Scotia Group declined $1.46 to $32 after exchanging 9,651 shares. Seprod dipped 45 cents to close at $69.05 after trading 1,457 stocks and Wisynco Group increased 55 cents to end at $17.45 after a transfer of 105,711 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Low-keyed trading for JSE Main Market

Market activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 16 percent less and 12 percent lower than on Friday, with 57 securities trading compared to 56 on Friday, with 15 rising, 26 declining and 16 ending unchanged.
At the close of trading four stocks ended at a 52 weeks’ low and one at a 52 weeks’ low high.
A total of 11,109,790 shares were exchanged for $68,584,991 down from 13,235,143 units at $77,577,657 on Friday. Trading averages 194,909 units at $1,203,245 versus 236,342 shares at $1,385,315 on Friday and month to date, an average of 329,291 at $3,288,694  compared to 397,076 units at $4,340,646 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 5.52 million shares for 49.7 percent of total volume followed by Transjamaican Highway with 1.83 million units for 16.5 percent of the day’s trade and Pulse Investments with 543,973 units for 4.9 percent market share.
The All Jamaican Composite Index dipped 2,145.65 points to 406,450.58, the JSE Main Index declined 930.64 points to 359,108.18 and the JSE Financial Index remained unchanged at 85.59.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com’s 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 Producers declined 95 cents to end at $13.50 in trading 118,472 shares, First Rock Real Estate dipped 66 cents ending at $11.71 after exchanging 2,893 units, GraceKennedy shed $1.50 in closing at $94.50 after trading 87,636 stocks. Guardian Holdings increased $9 to $515 in an exchange of 41 stock units, Jamaica Broilers fell 87 cents to close at $28.06 with investors transferring 13,416 stocks, Jamaica Producers popped $1.47 to end at $20.49, with 6,269 units changing hands. Kingston Properties dropped 57 cents to close at $7.02 with investors transferring 73,136 stock units, Massy Holdings lost 50 cents to $88.50 with an exchange of 1,317 shares, Mayberry Investments gained 56 cents to end at $8.51, with 55,814 stock units crossing the exchange. Mayberry Jamaican Equities advanced 55 cents to $13.60 with 8,336 units changing hands, NCB Financial climbed 98 cents to $89.98 in exchanging 30,511 stocks, Palace Amusement rallied $51.13 to end at $850 in switching ownership of 58 shares. Salada Foods shed 70 cents to end at a 52 weeks’ low of $4, with 135,521 shares crossing the market, Seprod dropped $1.50 to close at $69.50 while exchanging 3,228 stocks, Sygnus Real Estate Finance declined $1.97 in closing at a 52 weeks’ low of $9.03, with 92,487 crossing the market stock units and Wisynco Group dipped 65 cents to end at $16.90 with the swapping of 175,173 units.
In the preference segmentEppley 7.50% preference share rose $1.53 in closing at $7.48, with 5 shares clearing the market and 138 Student Living preference shares gained $2.30 to close at a 52 weeks’ high of $61.81 with an exchange of 5 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market’s second day of solid gains

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Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising 32 percent with a 27 percent greater value than on Friday after 43 securities traded similar to Friday and ending with prices of 17 rising 20, declining and six closing unchanged and sent the Junior Market Index surging 82.22 points to 4,298.75 and follows 72.17 points jump on Friday.
A total of 20,936,329 shares were traded for $79,292,490 up from 15,802,738 units at $62,557,377 on Friday.
Trading averaged 486,891 shares at $1,844,011 versus 367,506 shares at $1,454,823 on Friday with the month to date, averaging 425,481 units at $1,799,142 up from 395,129 units at 1,776,965 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
Fosrich led trading with 8.75 million shares for 41.8 percent of total volume followed by ONE on ONE Educational with 4.68 million units for 22.3 percent of the day’s trade. Dolla Financial chipped in with 1.98 million units for 9.5 percent market share and Future Energy Source ended, up with 1.14 million units for 5.5 percent of stocks trading.
The PE Ratio, a measure of computing appropriate stock values, averages 13.2. 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 popped $1.49 in closing at $25 after trading`598 shares, AMG Packaging shed 34 cents to close at $3.65 while exchanging 25,872 units, Blue Power lost 36 cents in ending at $3.12 with an exchange of 16,952 stock units. Cargo Handlers advanced 15 cents to $12.50 after a transfer of 7,161 stocks, Caribbean Cream rallied 37 cents to close at $4.37 in exchanging 112 shares, Dolphin Cove climbed 18 cents to $15.18 after swapping 101,784 stock units. Everything Fresh dipped 22 cents to $1.73 as investors exchanged 57,612 stocks, Fontana fell 27 cents in closing at $9.24 with a transfer of 306,568 units, Fosrich rose 56 cents to $4.71 after trading 8,749,441 units. Future Energy Source dropped 18 cents to close at $5.03 with investors transferring 1,143,023 stocks, General Accident declined 37 cents to $4.98 in exchanging 10,024 shares, Honey Bun gained 45 cents in closing at $7.95 after exchanging 2,972 stock units. iCreate increased 15 cents to $4.15, with 227,115 units clearing the market, Iron Rock Insurance shed 31 cents to close at $2.69 while trading 21,076 stock units, Jamaican Teas dipped 24 cents to end at $2.51, with 528,897 shares changing hands. KLE Group 0rose 27 cents to close at $2.07 after 625 stocks crossed the market, Lumber Depot declined 26 cents to $2.84, with an exchange of 102,995 shares, MFS Capital Partners climbed 54 cents to $3.75 in switching ownership of 372,138 stock units. ONE on ONE Educational gained 57 cents in closing at a record high of $2.32 in trading 4,676,141 stocks and leaving 19 million to buy on the bid at $2.32 at the close. Spur Tree Spices rallied 14 cents to $3.94, with 232,121 units crossing the exchange and Stationery and Office Supplies advanced 93 cents to $17.93 in an exchange of 110,834 stock units.
In the preference segmentCAC 2000 9.5% preference share lost 18 cents in ending at $1 and closed with 13,112 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising stocks dominate decliners

Market activity on the Main Market of the Jamaica Stock Exchange ended on Friday, with the volume of stocks traded declining 58 percent with an 81 percent lower value than on Thursday, with 56 securities trading compared to 57 on Thursday, with 25 rising, 20 declining and 11 ending unchanged. A total of 13,235,143 shares were traded for $77,577,657 versus 31,634,499 units at $412,915,308 on Thursday. Trading averaged 236,342 units at $1,385,315 versus 554,991 shares at $7,244,128 on Thursday and month to date, an average of 397,076 units at $4,340,646, compared to 554,991 units at $7,244,128 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 3.80 million shares for 28.7 percent of total volume followed by Wigton Windfarm with 2.27 million units for 17.2 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund with 2.25 million units for 17 percent market share and Transjamaican Highway with 1.07 million units for 8.1 percent of the day‘s trades.
The All Jamaican Composite Index dropped 347.86 points to 408,596.23, the JSE Main Index fell 720.30 points to 360,038.82 and the JSE Financial Index increased 0.08 points to settle at 85.59.
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 three with lower offers.
At the close, Caribbean Cement dropped $3.45 in ending at $60.50 with investors transferring 9,711 shares, Caribbean Producers shed 45 cents to end at $14.45 after exchanging 111,480 stock units, Eppley Caribbean Property Fund climbed $2.40 to close at $44 with an exchange of 575 stocks. First Rock Real Estate advanced 87 cents to $12.37 with 346 units clearing the market, GraceKennedy popped $3.30 in closing at $96 after exchanging 26,732 stocks, Guardian Holdings dived $41 to $506 after trading just 11 stock units. Jamaica Broilers rallied 93 cents in closing at $28.93 with an exchange of 12,421 shares, Margaritaville fell $1.05 to $26.50 in switching ownership of 69 units, Mayberry Investments dipped 43 cents to close at $7.95 with an exchange of 66,452 stocks. NCB Financial dropped $1 to $89, with 76,146 units changing hands, 138 Student Living gained $1.34 in ending at $6.64 with the exchange of 4,215 shares, Palace Amusement dropped $51.13 in closing at $798.87 while swapping 3 stock units. PanJam Investment increased 47 cents to close at $60, with a mere seven units crossing the market, Portland JSX declined $2.10 to $9.90 in exchanging 600 shares, Sagicor Group dipped 55 cents to end at $53.95 in trading 193,172 stock units. Scotia Group rose $2.55 to $33.50 with a transfer of 987,581 stocks and Seprod rose $1.95 to close at $71, with 700 units crossing the market.
In the preference segmentEppley 7.50% preference share dropped $1.54 to $5.95 in an exchange of 5,714 stocks. JMMB Group 7.25% preference share shed 47 cents to end at $2.50 as investors exchanged 1,976 shares and 138 Student Living preference share rallied $7.76 in closing at $59.51 after a transfer of 284 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

ONE on ONE jumps 75% in 2 days

ONE on ONE Educational traded on the second day of listing with the price jumping 75 percent still leaving a bunch of orders left unfilled as trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with the volume of stocks declining 15 percent and the value down 32 percent compared to Thursday, with 43 securities trading versus 44 on the immediately preceding day and ended prices of 16 rising 19 declining and eight closing unchanged.
At the close, the Junior Market Index popped sharply higher by 72.17 points to 4,216.53.
A total of 15,802,738 shares were exchanged for $62,557,377 compared to 18,573,484 units at $92,038,588 on Thursday. Trading averaged 367,506 shares at $1,454,823 compared to 422,125 shares at $2,091,786 on Thursday, with the month to date averaging 395,129 units at $1,776,965. August closed with an average of 407,186 units at $1,330,946.
Fosrich led trading with 5.19 million shares for 32.9 percent of total volume followed by Dolla Financial with 3.11 million units for 19.7 percent of the day’s trade and Future Energy Source with 971,347 units for 6.1 percent market share.
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 five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial fell $1.79 to end at $23.51 with investors transferring 5,709 shares, AMG Packaging rose 18 cents to $3.99 in trading 5,497 units, Cargo Handlers climbed 30 cents to $12.35 after exchanging 100 stocks. Caribbean Cream gained 20 cents in closing at $4, with 6,989 stock units crossing the exchange, Caribbean Flavours dropped 10 cents to close at $1.81 trading 129,370 shares, Consolidated Bakeries lost 29 cents to close at $2.06 while exchanging 69,040 stocks. Dolla Financial rallied 14 cents in ending at $3.40 with a transfer of 3,107,896 stock units, Dolphin Cove popped $1 to end at $15, with 447,660 units changing hands, EduFocal declined 10 cents in closing at $2.51 in exchanging 890,225 stocks. Everything Fresh increased 45 cents to $1.95 in switching ownership of 153,099 stock units, Fosrich advanced 48 cents to $4.15 with 5,194,483 shares changing hands, General Accident dipped 20 cents to $5.35 as investors exchanged 165 units. Honey Bun shed 66 cents ending at $7.50 after a transfer of 43,329 shares, iCreate fell 11 cents to $4 with an exchange of 275,120 stocks, Indies Pharma shed 10 cents to close at $3, with 10,933 stock units crossing the market. JFP Limited declined 14 cents to $1.55, after trading 198,008 units, Knutsford Express increased 20 cents to end at $7.20 in an exchange of 100 stocks, Lasco Manufacturing popped 20 cents to close at $4.50, with 663,765 shares clearing the market. Lumber Depot rose 13 cents in ending at $3.10 and exchanging 435,326 units, Mailpac Group advanced 10 cents in closing at $2.50 with the swapping of 205,376 stock units, MFS Capital Partners dipped 13 cents in ending at $3.21 after trading 785,586 units. ONE on ONE Educational rallied 43 cents in closing at a record high of $1.75 in switching ownership of 139,469 shares, Spur Tree Spices dropped 12 cents to end at $3.80 with a transfer of 200,816 stocks, Stationery and Office Supplies gained $1 to close at $17, with 78,393 stock units changing hands and Tropical Battery fell 26 cents to $2.51 with an exchange of 888,206 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

ONE on ONE Educational gains 32% on debut

ONE on ONE Educational shares were listed on Monday with the price jumping 32 cents on the Junior Market of the Jamaica Stock Exchange Thursday. The market ended with the volume of stocks traded declining 68 percent and the value 48 percent lower than on Wednesday with 44 securities trading versus 45 on Wednesday and ended with prices of 15 rising, 23 declinng and six closng unchanged.
A total of 18,573,484 shares were exchanged for $92,038,588 down from 57,697,192 units at $175,364,563 on Wednesday.
Trading averaged 422,125 shares at $2,091,786 versus 1,282,160 shares at $3,896,990 on Wednesday. August closed with an average of 407,186 units at $1,330,946.
MFS Capital Partners led trading with 5.51 million shares for 29.7 percent of total volume followed by Lasco Distributors with 2.51 million units for 13.5 percent of the day’s trade, Access Financial with 1.25 million units for 6.7 percent market share and General Accident with 1.23 million units for 6.6 percent market share.
At the close, the Junior Market Index shed 23.69 points to close at 4,144.36.
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 four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading, Access Financial advanced 80 cents to $25.30 with 1,247,279 shares changing hands, AMG Packaging lost 18 cents after ending at $3.81 with a transfer of 16,436 units, Cargo Handlers dropped $2.65 in closing at $12.05 with the swapping of 189,410 stocks. Consolidated Bakeries gained 15 cents to end at a 52 weeks’ high of $2.35 trading 519,882 stock units, Dolphin Cove shed 93 cents to close at $14, with 30,846 stock units crossing the exchange, Everything Fresh fell 50 cents in closing at $1.50, with 199,796 units crossing the market. Fontana popped 53 cents to close at $9.59 in switching ownership of 105,728 stocks, Fosrich increased 11 cents to $3.67 after finishing trading 537,734 shares, Future Energy Source dipped 25 cents to $5.23 while exchanging 542,775 units. General Accident climbed 55 cents to end at $5.55 after exchanging 1,231,233 stocks, Honey Bun rose 66 cents in ending at $8.16 as investors exchanged 3,891 shares, iCreate declined 11 cents in closing at $4.11 after exchanging 79,882 stock units. Indies Pharma declined 30 cents to close at $3.10, with 10,609 units changing hands, Knutsford Express rallied 14 cents to $7 with 458,751 stocks clearing the market, Lasco Manufacturing shed 10 cents to end at $4.30 with investors transferring 839,779 shares. Mailpac Group lost 20 cents to $2.40 in an exchange of 25,020 stock units, Main Event popped 70 cents to end at $7.70 after exchanging 2,450 shares, Medical Disposables rallied 17 cents to $6 in trading 50,940 stock units. ONE on ONE Educational rose 32 cents in closing at all-time high of $1.32, with 55,308 units crossing the market and tTech dropped 28 cents to close at $2.95 with an exchange of 71,226 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Heavy trading continues JSE main market

Market activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 19 percent, with a 56 percent lower value than Wednesday, as 57 securities traded compared to 55 on Wednesday, with 20 rising, 29 declining and eight ending unchanged.
A total of 31,634,499 shares were traded for $412,915,308 down from 38,832,617 units at $938,675,238 on Wednesday. Trading averaged 554,991 units at $7,244,128 versus 706,048 shares at $17,066,823 on Wednesday. August’s average was 738,534 units at $5,975,613.
QWI Investments led trading with 12.17 million shares accounting for 38.5 percent of total volume followed by Jamaica Broilers with 5.23 million units for 16.5 percent of the day’s trade, 138 Student Living with 2.94 million units for 9.3 percent market share, First Rock Real Estate with 2.38 million units for 7.5 percent market share, Supreme Ventures with 1.26 million units for 4 percent market share and Sagicor Select Financial Fund with 1.01 million units for 3.2 percent market share.
The All Jamaican Composite Index gained 561.84 points to end at 408,944.09, the JSE Main Index rose 1,464.43 points to 360,759.12 and the JSE Financial Index popped 0.26 points to settle at 85.51.
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 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Eppley dipped 99 cents in closing at $39.01 after trading 351 shares, Eppley Caribbean Property Fund dropped $2.40 to $41.60 with the swapping of 295 stock units, First Rock Real Estate fell 90 cents to end at $11.50, with 2,381,918 units crossing the market. GraceKennedy lost $2.30 ending at $92.70 with 427,702 stocks changing hands, Guardian Holdings popped $31 to close at $547 in an exchange of 64 stock units, Jamaica Broilers declined 99 cents to $28 in switching ownership of 5,234,006 stocks. Jamaica Producers shed $1.96 to close at $19.02 after exchanging 74,745 units, Jamaica Stock Exchange lost 53 cents to $17.82 in exchanging 49,538 shares, Kingston Wharves declined 40 cents to end at $37.30 as investors exchanged 107,916 units. Massy Holdings rallied $2.02 in closing at $89 in exchanging 42,072 stock units, Mayberry Investments dropped 84 cents to close at $8.38 with an exchange of 53,916 stocks, NCB Financial fell $3.90 to a 52 weeks’ low of $90, with 160,992 shares changing hands. PanJam Investment dipped $2.47 to end at $59.53 and closed with 95,253 shares passing through the exchange, Proven Investments increased $2.59 in closing at $32.59 in trading 1,622 units, Sagicor Group rose 50 cents to $54.50 with a transfer of 20,548 stock units. Scotia Group shed $1.05 to close at $30.95 after a transfer of 533,796 stocks, Stanley Motta slipped 50 cents to $5 while exchanging 11,180 stock units and Supreme Ventures climbed 60 cents to end at $29.12 with investors transferring 1,258,424 shares.
In the preference segment138 Student Living preference share advanced $6.75 to $51.75, with 5 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big jump in JSE Main Market trading

Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded climbing 166 percent, with the value surging 671 percent above that on Tuesday, with 55 securities trading compared to 59 on Tuesday, with 20 rising, 27 declining and eight ending unchanged.
A total of 38,832,617 shares were exchanged for $938,675,238 compared to 14,621,118 units at $121,702,731 on Tuesday. Trading averaged 706,048 units at $17,066,823, versus 247,816 shares at $2,062,758 on Tuesday and month to date, an average of 738,534 units at $5,975,621, compared to 740,045 units at $5,459,970 on the previous trading day. July closed with an average of 173,643 units at $1,683,017.
JMMB Group led trading with 8.48 million shares for 21.8 percent of total volume followed by Sygnus Credit Investments with 5.14 million units for 13.2 percent of the day’s trade and Carreras chipped in with 4.99 million units for 12.8 percent of market share. Mayberry Jamaican Equities exchanged 3.92 million units for 10.1 percent of the day’s trade, Sagicor Group controlled 1.96 million units and held 5 percent of the market and Sagicor Select Financial Fund ended with 1.83 million units for 4.7 percent market share.
The All Jamaican Composite Index popped 146.95 points to 408,382.25, the JSE Main Index dipped 474.78 points to 359,294.69 and the JSE Financial Index fell 0.27 points to settle at 85.25.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.9 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com’s for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement gained 50 cents to close at $64 with an exchange of 1,332,083 shares, First Rock Real Estate rose 90 cents to end at $12.40 in closing with 57,867 stock units changing hands, Grace Kennedy rallied $1.05 to $95 in switching ownership of 82,683 stocks. Guardian Holdings dipped $14 in closing at $516, with 2,087 units crossing the market, Jamaica Stock Exchange climbed 45 cents to $18.35 in trading 14,540 units, JMMB Group lost $1.15 to end at $41.35 trading 8,484,230 stock units. Kingston Properties popped 69 cents in ending at $7.70 after exchanging 395,688 stocks, Kingston Wharves dropped $1.30 to $37.70 as investors exchanged 27,305 shares, Margaritaville declined 54 cents to close at $26 while exchanging 1,735 shares. Massy Holdings advanced 84 cents to $86.98 in an exchange of 1,150 units, Mayberry Jamaican Equities fell $1.01 to end at $13.01, with 3,919,489 stocks crossing the market, MPC Caribbean Clean Energy increased 50 cents to $85 after a transfer of 6 stock units. NCB Financial advanced $1.10 to close at $93.90, with 749,008 units crossing the exchange, Portland JSX shed $1.84 in closing at $8.20, with 9,100 stock units clearing the market, Proven Investments dropped $2.80 to $30 with the swapping of 5,692 stocks. Sagicor Group gained $3 to close at $54 after exchanging 1,958,783 shares and Supreme Ventures dipped $1.38 in closing at $28.52, with 227,689 stock units changing hands.
In the preference segmentProductive Business Solutions 9.75% preference share increased $10.70 to end at $117.70 in exchanging 51 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Junior Market

Trading picked up sharply on the Junior Market of the Jamaica Stock Exchange Wednesday, with the volume of stocks traded rising 122 percent and the value 147 percent more than on Tuesday, following trading in 45 securities versus 44 on Tuesday and ending with 27 rising, 14 declining and four closing unchanged.
A total of 57,697,192 shares were exchanged for $175,364,563 compared to 26,003,630 units at $71,056,138 on Tuesday. Trading averaged 1,282,160 shares at $3,896,990 versus 590,992 shares at $1,614,912 on Tuesday with the month to date, averaging 407,186 units at $1,330,946 compared to 363,535 units at $1,202,929 on the previous trading day. July closed with an average of 512,709 units at $2,574,304.
Fosrich led trading with 22.41 million shares for 38.8 percent of total volume, followed by Mailpac Group with 20.46 million units for 35.5 percent of the day’s trade, Dolla Financial with 3.33 million units for 5.8 percent market share, Spur Tree Spices with 3.16 million units for 5.5 percent market share, JFP Limited with 1.84 million units for 3.2 percent market share and Tropical Battery with 1.29 million units for 2.2 percent market share.
The Junior Market Index dipped 2.10 points at the close to 4,168.05, slightly lower than the July close of 4202.31 points. The PE Ratio, a measure of computing appropriate stock values, averages 13.2. 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 eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Access Financial shed 76 cents in ending at $24.50, trading 6,600 shares, AMG Packaging advanced 18 cents to $3.99 while exchanging 1,205 stocks, Blue Power popped 39 cents to close at $3.49 after a transfer of 50 stock units. CAC 2000 dropped $1.39 to $6 with a transfer of 114,355 units, Cargo Handlers rose 20 cents in closing at $14.70 after 9,347 shares crossed the market, Consolidated Bakeries rallied 40 cents to $2.20 with an exchange of 505,799 units. Everything Fresh increased 13 cents to end at $2 in trading 352,589 stocks, Fontana fell 28 cents to $9.06 in exchanging 113,984 stock units, Honey Bun dipped 62 cents to close at $7.50 after exchanging 17,291 shares. Indies Pharma climbed 30 cents in closing at $3.40, with 57,567 stocks clearing the market, JFP Limited gained 13 cents to close at $1.70, with 1,843,624 stock units changing hands, Lasco Manufacturing increased 11 cents to $4.40 in switching ownership of 28,965 units. Mailpac Group gained 11 cents to end at $2.60 with investors transferring 20,460,464 units, Main Event climbed 19 cents in closing at $7 after trading 3,790 stock units, Paramount Trading popped 21 cents in ending at $2.03 with the swapping of 4,896 shares and Tropical Battery rallied 18 cents to end at $2.80 after exchanging 1,287,520 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.