Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded jumping 221 percent and 21 percent higher than on Thursday as declining stocks continue to exceed those rising.
The All Jamaican Composite Index shed 510.21 points to settle at 440,209.56, the JSE Main Index gained 102.53 points to close at 386,530.90 and the JSE Financial Index declined 0.06 points to settle at 91.75. Trading ended with 56 securities compared to 54 on Thursday, with 17 rising, 21 falling and 18 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 34,028,346 shares were exchanged for $164,480,692 versus 10,590,832 units at $135,566,664 on Thursday. Trading averages 607,649 units at $2,937,155, compared to 196,127 shares at $2,510,494 on Thursday and month to date, an average of 286,629 units at $2,896,811, compared to 239,071 units at $2,890,834 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
JMMB Group 7.35% preference share due 2028 led trading with 27.48 million shares for 80.7 percent of total volume, followed by Jamaica Broilers with 1.1 million units for 3.2 percent of Friday’s trade and Transjamaican Highway with 970,028 units for 2.9 percent market share.
The Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement rose $9 to close at $70 with the swapping of 1,296 shares, Caribbean Producers rallied 33 cents to $14.50 with an exchange of 40,540 stocks, Eppley fell $8.90 to $38.10, with 10,859 stock units crossing the exchange. Eppley Caribbean Property Fund declined $1.50 to $43.50 with 1,045 units changing hands, First Rock Capital shed $1.10 in ending at $12 while exchanging 51,837 shares,GraceKennedy climbed $1 to close at $106 in switching ownership of 32,735 units. Guardian Holdings advanced $26 to $537 with 2,783 stock units clearing the market, Jamaica Broilers lost 49 cents in ending at $27.49 after exchanging 1,098,934 stocks, Jamaica Stock Exchange gained $1.95 to end at $19.95, with 400 stock units crossing the market. JMMB Group dropped $1 in closing at $42 with 273,211 units changing hands, Key Insurance increased 25 cents to $4.20 while exchanging one share, Kingston Wharves popped $2.49 to end at $38.99 in trading 1,474 stocks. 
Massy Holdings dropped $1.50 to $92.50 with 266 units changing hands, Mayberry Investments shed $1.06 to close at $9 in exchanging 254,204 shares, NCB Financial lost $2 in closing at $101 in an exchange of 106,486 stock units. PanJam Investment rose $1 to $65.50 after trading 8,419 stocks, Proven Investments declined 77 cents to end at $37.05 after 13,981 stocks passed through the market, Sagicor Group fell 90 cents in closing at $56 with the swapping of 81,399 units. Stanley Motta fell 40 cents to close at $5.10 in trading 8,000 shares and Supreme Ventures dropped 25 cents to $30 after exchanging 75,133 stock units.
In the preference segment, Eppley 7.25% preference share lost $1.95 to end at $20.05 in switching ownership of 801 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops on stable Junior Market
Trading closed on the Jamaica Stock Exchange Junior Market Friday, with the volume of stocks traded declining 57 percent and the value 72 percent lower than on Thursday, leading to 40 securities trading versus 41 on Thursday, with 16 rising, 15 declining and nine closing unchanged.
At the close, the Junior Market Index slipped 1.52 points to 4,093.86.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. The Junior Market PE ratios incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
A total of 6,905,892 shares traded for $24,772,346 compared to 16,085,002 units at $88,518,673 on the Thursday. Trading averaged 172,647 shares at $619,309 in contrast to 392,317 shares at $2,158,992 on Thursday, with a month to date average of 246,694 units at $1,033,707 compared to 257,160 units at $1,092,280 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
JFP Limited led trading with 1.03 million shares for 15 percent of total volume, followed by Jamaican Teas with 909,489 units for 13.2 percent of the day’s trade and Lumber Depot with 846,346 units for 12.3 percent market share.
The Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial gained 90 cents to end at $20.45 after trading 645 shares, Cargo Handlers dropped $1.52 to end at $11 in switching ownership of 77,669 units, Elite Diagnostic fell 37 cents in closing at $3.40 with 198,827 stocks changing hands. Everything Fresh increased 8 cents to $1.25 with an exchange of 58,263 stock units, Fontana fell 22 cents to close at $9.62 in exchanging 193,395 shares, Fosrich advanced 30 cents to close at $27.30 after trading 20,105 units. Honey Bun declined 47 cents and ended at $8.50, with 36,486 stocks crossing the exchange, iCreate popped 38 cents to $2.89 with 430,232 stock units changing hands, Indies Pharma rallied 10 cents to end at $3.10, with 6,294 shares clearing the market. Jamaican Teas shed 10 cents to $2.87 with the swapping of 909,489 stocks, Jetcon Corporation climbed 16 cents in closing at $1.26 after exchanging 343,454 stock units, Knutsford Express declined 40 cents to $8 after 15,047 units crossed the market.
Lasco Distributors shed 14 cents to $3.30 in trading 37,117 stock units, Lasco Manufacturing dropped 24 cents to end at $4.76 with an exchange of 2,656 shares, Main Event rose 69 cents to close at $8.89 with 1,000 stocks changing hands and Stationery and Office Supplies lost 98 cents to end at $11 after an exchange of 10,159 units.
In the preference segment, CAC 2000 9.5% preference share fell 15 cents to close at $1.01, trading 2,510 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Moderate Man Market decline
Market activity ended on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded declining 20 percent with 72 percent lower value than on Wednesday, leading to more stocks declining than rising.
Trading ended with 54 securities down from 56 on Wednesday, with 20 rising, 22 declining, and 12 remaining unchanged. The All Jamaican Composite Index dropped 2,384.19 points to 440,719.77, the JSE Main Index lost 543.36 points to close at 387,606.85 and the JSE Financial Index climbed 0.06 points to settle at 91.81.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.7 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 10,590,832 shares were traded for $135,566,664 versus 13,218,682 units at $481,286,926 on Wednesday. Trading averages 196,127 units at $2,510,494, compared to 236,048 shares at $8,594,409 on Wednesday and month to date, an average of 239,071 units at $2,890,834, compared to 246,228 units at $2,954,224 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Caribbean Producers led trading with 1.87 million shares for 17.6 percent of total volume, followed by Wigton Windfarm with 1.56 million units for 14.7 percent of the day’s trade, Sagicor Select Financial Fund chipped in with 1.46 million units for 13.8 percent of market share. JMMB Group 7.25% preference share due 2024 ended with 1.20 million units for 11.4 percent market share, Portland JSX traded 1.14 million units for 10.8 percent market share and Transjamaican Highway closed with 1.05 million units for 9.9 percent market share.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Barita Investments gained 40 cents to close at $88.40, with 13,879 shares crossing the market, Caribbean Cement dropped $11.60 in ending at $61 after trading 53,771 stocks, Eppley Caribbean Property Fund popped $1 to end at $45, with 5,633 units changing hands. GraceKennedy fell $2.50 in closing at $105 in trading 497,646 stock units, Guardian Holdings lost $1 to close at $511 in exchanging 39 stock units, Jamaica Broilers climbed 91 cents to end at $27.98, with 10,735 stocks crossing the market. Jamaica Producers dropped 40 cents to close at $22.30 with the swapping of 2,245 units, Jamaica Stock Exchange shed 60 cents to $18 and closed with 10,640 shares changing hands, Kingston Properties rallied 42 cents to $7.91 after exchanging 343 stocks. Kingston Wharves shed $2.49 in closing at $36.50 while trading 5,394 units, Massy Holdings advanced $1.25 to $94 with 76,770 shares clearing the market, Mayberry Investments declined 34 cents to close at $10.06 with an exchange of 4,460 stock units. Mayberry Jamaican Equities rose $1.22 to $15.22 in exchanging 6,283 shares, NCB Financial increased $2.01 in closing at $103 in switching ownership of 47,734 units, Portland JSX gained $1.37 to end at $10.80 in an exchange of 1,142,163 stocks. 
Proven Investments popped 77 cents in, ending at $37.82, with 9,842 stock units crossing the exchange, Sagicor Group rallied 90 cents to close at $56.90 after trading 46,587 shares, Scotia Group fell $1.12 in closing at $36.03 with an exchange of 23,712 stock units. Supreme Ventures slipped 25 cents to $30.25, trading 40,907 units and Sygnus Real Estate Finance dropped $1.52 to end at $14 after exchanging 173 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market slips as more shares rise than fall
Trading closed on the Jamaica Stock Exchange Junior Market Thursday, with the volume of stocks traded rising 95 percent more and the value jumping 121 percent more than on Wednesday, but the market index slipped with more stocks rising than falling.
Market activity led to 41 securities trading versus 40 on Wednesday and ending with 19 rising, 14 declining and eight were unchanged. At the close, the Junior Market Index slipped 10.31 points to 4,095.38.
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.
A total of 16,085,002 shares traded for $88,518,673, up from 8,258,271 units at $40,111,273 on the Wednesday. Trading averaged 392,317 shares at $2,158,992 in contrast to 206,457 shares at $1,002,782 on Wednesday, with month to date, averaging 257,160 units at $1,092,280 compared to 234,262 units at $911,555 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
Lasco Manufacturing led trading with 6.30 million shares for 39.2 percent of total volume, followed by Main Event with 3.64 million units for 22.6 percent of the day’s trade and Derrimon Trading with 975,375 units for 6.1 percent market share.
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 rose 40 cents to $19.55 while exchanging 4,000 shares, AMG Packaging climbed 8 cents to end at $3.58, with 32,502 stock units changing hands, Cargo Handlers jumped $1.47 to $12.52 after an exchange of 10,431 stocks. Caribbean Assurance Brokers popped 7 cents to close at $2.43 with the swapping of 14,144 units, Dolphin Cove gained 25 cents in closing at $15.50 in trading 114,141 shares, EduFocal fell 7 cents in ending at $2.78 after exchanging 65,309 stocks. Elite Diagnostic rallied 37 cents to close at $3.77 with an exchange of 18,218 stock units, Everything Fresh shed 25 cents in closing at $1.17 in an exchange of 193,653 units, Fontana rose 23 cents to $9.84 after exchanging 723,862 shares. Fosrich advanced 70 cents to end at $27 in switching ownership of 167,360 stock units, Future Energy Source lost 12 cents to close at $5.89 in exchanging 287,714 stocks, Honey Bun rose 47 cents to $8.97 with 1,900 units clearing the market. iCreate dropped 24 cents to end at $2.51 after trading 247,904 units, Indies Pharma fell 8 cents in closing at $3, with 14,065 stocks crossing the market, Jetcon Corporation lost 10 cents to $1.10, with 658,567 shares crossing the market. Knutsford Express rallied 89 cents to close at $8.40 after 150 stock units crossed the exchange, Lasco Distributors popped 14 cents to $3.44 after exchanging 22,979 stock units, 
Lasco Financial climbed 8 cents in closing at $3.48 in trading 10,989 stocks. Lasco Manufacturing fell 40 cents in ending at $5 after 6,300,026 shares crossed the market, Medical Disposables gained 40 cents to end at $7.40 while exchanging ten units and Stationery and Office Supplies increased $1.88 to end at $11.98 after trading 73,635 shares.
In the preference segment, CAC 2000 9.5% preference share rose 15 cents to $1.16 with the swapping of 30,000 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices drop market indices rise
The Jamaica Stock Exchange, Main Market indices, climbed on Wednesday, with the volume of stocks traded rising 47 percent and the value surging 434 percent above Tuesday’s activities, but it closed with declining stocks exceeding rising ones on a 3 to 2 basis.
The All Jamaican Composite Index climbed 4,841.97 points to 443,103.96, the JSE Main Index popped 4,026.85 points to end at 388,150.21 and the JSE Financial Index rose 1.42 points to settle at 91.75.
Trading ended with 56 securities compared to 53 on Tuesday, with 18 rising, 26 declining and 12 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Some 13,218,682 shares were exchanged for $481,285,926 versus 8,858,814 units at $90,095,210 on Tuesday. Trading averages 236,048 units at $8,594,409, cup from 167,147 shares at $1,699,910 on Tuesday and month to date, an average of 246,228 units at $2,954,224, compared to 248,355 units at $1,775,677 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Productive Business Solutions 9.75% Preference share led trading with 3.62 million shares for 27.7 percent of total volume, followed by JMMB Group 7.35% – 2028 preference share, 2.5 million units for 18.1 percent of total trading, Transjamaican Highway closed with 1.69 million units for 12.9 percent market share and Supreme Ventures, 1.21 million units for 9.3 percent of the day’s trade.
The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Cement dropped $1.40 in closing at $72.60 with 19,225 shares clearing the market, Caribbean Producers shed $1 to end at $14, closing with 426,521 units changing hands, Eppley jumped $7.99 to $47 after trading 1,220 stock units. Eppley Caribbean Property Fund declined $1, ending at $44 in switching ownership of 2,785 stocks, First Rock Capital increased 40 cents to $13.05 in exchanging 40,657 units, GraceKennedy lost 50 cents to end at $107.50 in trading 10,091 shares. Guardian Holdings fell $21 to $512 after exchanging 2,783 stocks, Jamaica Broilers rose $1.07 to close at $27.07, with 10,986 stock units crossing the exchange, Jamaica Producers climbed 90 cents to $22.70 with an exchange of 8,526 units. Jamaica Stock Exchange popped 60 cents in closing at $18.60 with the swapping of 2,450 stock units, Mayberry Investments gained 95 cents in ending at $10.40 after trading 5,583 stocks, Mayberry Jamaican Equities shed $1 to close at $14, with 523 shares crossing the market. 
MPC Caribbean Clean Energy rallied $2.95 in closing at $107.95 after exchanging 11 units, PanJam Investment dropped $1.50 to $64.50, trading 15,265 stock units, Portland JSX climbed $2.93 to $9.43 while exchanging 350 shares. Proven Investments fell 40 cents in closing at $37.05 in an exchange of 6,885 stocks, Sagicor Group lost $1 to $56, with 121,771 stocks changing hands, Scotia Group gained $1.14 to close at $37.15, with 60,571 stock units crossing the market. Seprod rose 98 cents to end at $72 in exchanging 29,674 units, Stanley Motta declined 45 cents ending at $5.50 in switching ownership of 2,067 shares and Wisynco Group fell 40 cents in closing at $19.50, clearing the market with 46,343 stock units.
In the preference segment, Productive Business Solutions 9.75% preference share declined $2.75 to end at $107 in trading 3,622,980 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More decline for Junior Market
The volume of stocks traded on Wednesday rose moderately but with a 35 percent greater value than Tuesday at the close of the Jamaica Stock Exchange Junior Market, with declining stocks continuing to dominate trading.
Forty securities were exchanged versus 41 on Tuesday and ended with 15 rising, 21 declining and four closing unchanged. The Junior Market Index dropped 32.16 points to the close at 4,105.69.
The PE Ratio, a measure of computing appropriate stock values, averages 12.4. PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end between November and August 2023.
A total of 8,258,271 shares traded for $40,111,273, up from 7,596,593 units at $29,795,186 on Tuesday. Trading averaged 206,457 shares at $1,002,782 in contrast to 185,283 shares at $726,712 on Tuesday with month to date, averaging 234,262 units at $911,555 compared to 239,768 units at $893,491 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
Elite Diagnostic led trading with 2.56 million shares for 31 percent of total volume, followed by Cargo Handlers with 1.12 million units for 13.5 percent of the day’s trade and Future Energy Source with 646,783 units for 7.8 percent market share.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Blue Power lost 10 cents to end at $3.70 with the swapping of 1,637 shares, Caribbean Assurance Brokers increased 24 cents in closing at $2.36 with an exchange of 8,900 stocks, Consolidated Bakeries popped 9 cents to end at $1.29 while exchanging 517 units. Dolphin Cove shed $1.54 in ending at $15.25 after trading 111,570 stock units, EduFocal declined 13 cents to close at $2.85, with 66,225 stocks crossing the market, Elite Diagnostic dropped 24 cents to end at $3.40, with 2,559,627 units changing hands. Everything Fresh rose 27 cents in closing at $1.42 after trading 139,303 stock units, Express Catering rallied 14 cents to $5.74 in an exchange of 34,826 shares, Fontana fell 22 cents to $9.61, with 61,180 stock units crossing the exchange. Fosrich dropped $1.69 to close at $26.30 in exchanging 70,067 units, Future Energy Source declined 8 cents in ending at $6.01 after trading 646,783 stocks, Honey Bun fell 40 cents to $8.50 with 9,178 shares changing hands. Indies Pharma gained 8 cents to end at $3.08 in switching ownership of 202 stock units, Iron Rock Insurance fell 22 cents to close at $3.08 after exchanging 2,000 units, Jetcon Corporation shed 7 cents in closing at $1.20 trading 184,180 shares. JFP Limited dropped 13 cents after ending at $1.32 with 442,535 stocks clearing the market, Lasco Distributors advanced 10 cents to $3.30, with 25,481 shares changing hands, Lasco Financial lost 8 cents to close at $3.40 after exchanging 53,923 stock units. 
Mailpac Group climbed 9 cents to end at $2.79 while exchanging 430,010 units, Medical Disposables declined 11 cents to $7 and closed with 55,943 stocks changing hands, Paramount Trading advanced 26 cents to $2.02, trading 1,380 stock units. Spur Tree Spices fell 7 cents to $3.73 in exchanging 466,408 stocks and Stationery and Office Supplies shed 95 cents to end at $10.10 in an exchange of 271 shares.
In the preference segment, CAC 2000 9.5% preference share lost 14 cents to close at $1.01 in exchanging a mere one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks tumble on the JSE Main Market Tuesday
Declining stocks exceeded those rising by three to two on the Jamaica Stock Exchange Main Market on Tuesday as the volume of stocks traded fell 40 percent, with a modest rise in the value traded over Monday’s activity.
The All Jamaican Composite Index lost 4,175.98 points to close at 438,261.99, the JSE Main Index dropped 4,103.95 points to 384,123.36 and the JSE Financial Index fell 1.26 points to settle at 90.33.
Trading ended with 53 securities compared to 54 on Monday, with 15 rising, 22 declining and 16 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.5 for the Main Market. The JSE Main and USD Market PE ratios use earnings forecasted by ICInsider.com’s for companies with financial years ending up to the close of August 2023.
A total of 8,858,814 shares were traded for $90,095,210 versus 14,684,649 units at $86,847,608 on Monday. Trading averages 167,147 units at $1,699,910, compared to 271,938 shares at $1,608,289 on Monday and month to date, an average of 248,355 units at $1,775,667, compared to 268,374 units at $1,794,355 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Transjamaican Highway led trading with 2.27 million shares for 25.6 percent of total volume, followed by Wigton Windfarm with 1.68 million units for 18.9 percent of the day’s trade and Mayberry Jamaican Equities with 798,271 units for 9 percent of market share.
The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement rose $8 to end at $74 in an exchange of 68,331 shares, following an announcement by the company to recommend the payment of a dividend of $1.50 per share to the annual general meeting. Eppley dropped $9.99 to $39.01, with 2,000 units crossing the market, Eppley Caribbean Property Fund climbed $2.25 to close at $45 in trading 4,486 stocks. GraceKennedy rallied 47 cents in closing at $108 31,333 stock units after crossing the market, Guardian Holdings popped $13, ending at $533 while exchanging 1,849 stock units, Jamaica Broilers declined $1 to $26, trading 32,400 units. Jamaica Producers fell 95 cents in closing at $21.80 with the swapping of 36,235 shares, Kingston Properties shed 41 cents to close at $7.49 in exchanging 4,499 stocks,
Mayberry Investments dropped 50 cents in ending at $9.45 with an exchange of 39,766 units. NCB Financial fell 50 cents to end at $101 with the trading of 77,865 shares, Palace Amusement dropped $2 in ending at $988 after an exchange of just one stock, Portland JSX declined $2.06 to end at $6.50 after the exchange of 1,055 stock units. Proven Investments lost 36 cents to end at $37.45 as 232,629 units changed hands, Sagicor Group gained $3.23 in closing at $57 in switching ownership of 167,268 shares and Seprod shed 48 cents to close at $71.02 with 11,725 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big fall for Junior Market
The Jamaica Stock Exchange Junior Market suffered another big blow on Tuesday, with investors slashing 84.36 points off the market Index to 4,137.85 after dropping 40.93 points. Trading closed with nearly twice as many stocks falling as rising as the volume traded climbed 34 percent above Monday’s level, with a 13 higher value.
A total of 41 securities traded versus 38 on Monday ended with 12 rising, 22 declining and seven closing unchanged.
The PE Ratio, a measure for computing appropriate stock values, averages 12.9. The PE ratio of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial years, that fall between November this year and August 2023.
A total of 7,596,593 shares traded for $29,795,186 up from 5,671,131 units at $26,380,670 on the Monday. Trading averaged 185,283 shares at $726,712 versus 149,240 stock units at $694,228 on Monday, with month to date, averaging 239,768 units at $893,491 compared to 253,643 units at $935,963 on the previous trading day. May closed with an average of 376,907 units at $1,638,631. Jamaican Teas led trading with 1.88 million shares for 24.7 percent of total volume, followed by Lumber Depot with 901,453 units for 11.9 percent of the day’s trade and Tropical Battery with 780,192 units for 10.3 percent market share.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial fell $2.70 to $19.10 while exchanging 1,000 shares, AMG Packaging lost 9 cents to end at $3.50 in swapping 290,148 units, Cargo Handlers declined $1 to close at $11, with 4,725 stock units crossing the market. Caribbean Assurance Brokers shed 30 cents to end at $2.12 in trading 12,097 stocks, Caribbean Flavours dropped 10 cents to $1.88 in an exchange of 4,450 units, Derrimon Trading rallied 10 cents to end at $2.75 in exchanging 44,396 shares. Dolphin Cove gained 63 cents in closing at $16.79 after trading 64,783 stock units, Elite Diagnostic advanced 34 cents to $3.64, with 4,123 stocks crossing the exchange, Everything Fresh dropped 33 cents to close at $1.15 with 14,685 units changing hands. Express Catering shed 25 cents in ending at $5.60 after exchanging 33,964 stocks, Fosrich rose $1.79 in closing at $27.99 after an exchange of 59,479 shares, General Accident increased 15 cents to end at $6 in trading 251,243 stock units. Honey Bun fell 7 cents to $8.90 after exchanging 7,918 shares, iCreate slipped 20 cents to $2.70 with an exchange of 255,561 stock units, Indies Pharma declined 15 cents to close at $3 in switching ownership of 54,000 stocks. Jamaican Teas fell 14 cents to $3, with 1,875,436 units changing hands, JFP Limited shed 8 cents to end at $1.45 with 650,760 units clearing the market, Lasco Distributors lost 29 cents to close at $3.20 after exchanging 24,610 stock units. 
Mailpac Group declined 10 cents in closing at $2.70 after an exchange of 131,395 shares, Medical Disposables rose 11 cents to $7.11 in switching ownership of 33,107 stocks, Spur Tree Spices dropped 9 cents to $3.80 in an exchange of 165,361 units. SSL Venture popped 20 cents to end at $1.85 in exchanging 178,177 stock units and Stationery and Office Supplies dropped $1.25 to $11.05 with the swapping of 8,392 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Slippage for JSE Majors on Monday
The volume of stocks traded on the Jamaica Stock Exchange Main Market on Monday surged 97 percent above Friday trades but with a 32 percent fall in the value exchanged, leading to twice as many stocks falling as rising and resulting in a dip in the market index.
The All Jamaican Composite Index fell 1,166.89 points to 442,437.97, the JSE Main Index declined by 1,330.54 points to 388,227.31 and the JSE Financial Index slipped 0.39 points to settle at 91.59.
Similar to Friday, 54 securities were traded, with 14 rising, 29 declining and 11 ending unchanged.
Overall, 14,684,649 shares were exchanged for $86,847,608 versus 7,435,594 units at $128,125,542 on Friday. Trading averages 271,938 units at $1,608,289, compared to 137,696 shares at $2,372,695 on Friday and month to date, an average of 268,374 units at $1,794,355, compared to 267,179 units at $1,856,762 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
JMMB Group 7.5% led trading with 5.01 million shares for 34.1 percent of total volume, followed by Portland JSX with 2.0 million units for 13.6 percent of the day’s trade, Community & Workers Credit Union ended with 1.45 million units for 9.9 percent market share, Transjamaican Highway exchanged 1.43 million units for 9.7 percent of the market trade and QWI Investments with 1.08 million units for 7.4 percent market share.
The PE Ratio, a formula for certain appropriate stock values, averages 14.7 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years, ending up to the close of August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and seven stocks with lower offers.
At the close, Barita Investments lost 39 cents to end at $88.11, with 1,863 shares crossing the market, Caribbean Cement popped 50 cents to end at $66 after 5,858 units changed hands, Eppley climbed $1.05 to $49 trading 1,261 stock units. Eppley Caribbean Property Fund dropped $3.96 in closing at $42.75 with an exchange of 234 stocks, First Rock Capital gained 64 cents in ending at $12.65 after trading 35,649 units, GraceKennedy shed $1.97 to $107.53 in exchanging 19,373 shares. Guardian Holdings fell $14 to $520, with 1,140 stock units changing hands, Jamaica Broilers declined $1 to $27 with the swapping of 14,622 stocks, Jamaica Stock Exchange declined $1.50 in closing at $18 in an exchange of 132,344 stock units. JMMB Group lost 88 cents to end at $43.12 in switching ownership of 313,322 shares, Massy Holdings shed $2.75 to close at $92.50 with 44,883 stocks clearing the market, NCB Financial rose 48 cents to end at $101.50 while exchanging 151,031 units. PanJam Investment dropped $1.50 to $66 in exchanging 1,811 units, Portland JSX fell $1.69 to $8.56 after 2,000,000 stock units crossing the exchange, Proven Investments shed 69 cents in closing at $37.81 with an exchange of 12,031 stocks. 
Sagicor Group lost 48 cents to end at $53.77 trading 87,304 shares, Salada Foods dropped 44 cents to $5.50 after exchanging 5,684 units, Scotia Group declined $1 in closing at $36 and trading 86,051 stocks and Seprod rallied 50 cents to $71.50 with 5,524 stock units changing hands.
In the preference segment, JMMB Group 7.25% preference share increased 41 cents to close at $3.20 in switching ownership of 12 shares and 138 Student Living preference share advanced $2.72 in ending at a 52 weeks’ high of $20.88 trading 463 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market lost altitude Monday
Trading closed on the Jamaica Stock Exchange Junior Market on Monday, with the volume of stocks traded declining 70 percent, after 56 percent less funds entered the market compared to Friday, as trading ended, with declining stocks leading rising ones by more than two to one ratio.
Market activity led to 38 securities trading versus 42 on Friday and ended with nine rising, 20 declining and nine closing unchanged.
At the close, the Junior Market Index shed 40.93 points to end at 4,222.21.
The PE Ratio, a measure of computing appropriate stock values, averages 13.2. The Junior Market PE ratios incorporate ICInsider.com projected earnings for companies with financial year end that falls between September this year and August 2023.
A total of 5,671,131 shares were traded for $26,380,670, down sharply from 18,614,187 units at $60,183,004 on the Friday. Trading averaged 149,240 shares at $694,228 versus 443,195 shares at $1,432,929 on Friday, with month to date, averaging 253,643 units at $935,963 compared to 285,898 units at $1,010,645 on the previous trading day. May closed with an average of 376,907 units at $1,638,631.
Elite Diagnostic led trading with 1.71 million shares for 30.1 percent of total volume traded, followed by Lumber Depot with 742,466 units for 13.1 percent of the day’s trade and Derrimon Trading with 606,031 units for 10.7 percent market share.
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, AMG Packaging advanced 8 cents in closing at $3.59 while exchanging 14,805 shares, Caribbean Cream increased 6 cents to end at $4.75 in trading 20,448 stock units, Caribbean Flavours popped 10 cents to close at $1.98 after exchanging 41 units. Derrimon Trading dropped 15 cents to $2.65 with an exchange of 606,031 stocks, Dolphin Cove lost 34 cents in ending at $16.16 exchanging 48,474 units, EduFocal declined 8 cents in closing at $3, with 79,008 stock units clearing the market. Elite Diagnostic shed 10 cents to end at $3.30 after 1,707,057 shares changed hands, Express Catering fell 14 cents to $5.85 in switching ownership of 2,403 stocks, Fosrich dropped $3.80 to close at $26.20 trading 259,682 shares. Indies Pharma rallied 15 cents in ending at $3.15 after a mere 212 stock units crossed the market, Jamaican Teas shed 5 cents to end at $3.14 with an exchange of 21,751 stocks, JFP Limited declined 7 cents to close at $1.53 after trading 486,631 units. KLE Group dropped 7 cents to $1.99 with 172 stock units changing hands, Knutsford Express lost $1 in ending at $7.50 after exchanging 50,023 units, Lasco Manufacturing shed 5 cents in closing at $5.40 with the swapping of 26,902 stock units. 
Lumber Depot declined 5 cents in closing at $3.10, with 742,466 shares changing hands, Main Event dropped 40 cents in ending at $8.20 after exchanging 108,567 units and Medical Disposables lost 85 cents to end at $7, with 200,171 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
