Market activity ended on Thursday, with the volume of shares traded rising 284 percent and the value 23 percent lower than on Wednesday on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining on a 5 to 3 ratio.
The All Jamaican Composite Index climbed 777.15 points to 427,418.38, the JSE Main Index rose 741.92 points to 386,440.38 and the JSE Financial Index rallied 0.14 points to 94.80. Fifty securities traded, versus 51 on Wednesday, with 25 rising, 15 declining and ten left unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
In all, 13,408,986 shares traded for $62,324,646 versus 3,490,636 units at $80,777,884 on Wednesday. Wigton Windfarm led trading with 4.33 million shares for 32.3 percent of total volume, followed by Transjamaican Highway with 4.25 million units for 31.7 percent of the day’s trade and Pulse Investments with 1.03 million units for 7.7 percent market share.
Trading averages 268,180 units at $1,246,493, compared to 68,444 shares at $1,583,880 on Wednesday and month to date, an average of 438,986 units at $4,595,915, compared to 449,742 units at $4,806,835 on Wednesday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement dropped $1 to$71 after trading 34,078 shares, Caribbean Producers declined $1.30 to $11.50 with an exchange of 500,116 stock units, GraceKennedy rose 90 cents to $100.90 trading 78,602 stocks. Guardian Holdings rallied $2.38 to end at $507.50 in exchanging 1,832 units, Jamaica Producers popped 38 cents to close at $22.89 in switching ownership of 106 stocks, Kingston Wharves fell 89 cents to end at $40 after 61,505 shares changed hands. Mayberry Investments advanced 30 cents to $8 with the swapping of 106,990 units, Mayberry Jamaican Equities lost 25 cents in closing at $9.20 with an exchange of 12,500 stock units, MPC Caribbean Clean Energy dropped 98 cents to close at $100 in trading 749 stocks. NCB Financial spiked $1.70 after ending at $121.50, with 25,835 stock units changing hands, Palace Amusement gained $10 to end at $1040 while exchanging eight shares, PanJam Investment climbed 75 cents to close at $64.25 in exchanging 16,809 units. Proven Investments increased 25 cents in closing at $33.20 in an exchange of 9,160 units, Pulse Investments advanced 41 cents to $4.31, with 1,030,837 stock units changing hands, Sagicor Group fell 47 cents to $51.50 after exchanging 20,524 stocks. 
Sagicor Real Estate Fund rallied $1.93 in ending at $7.94, with 950 shares clearing the market, Scotia Group lost $1.30 in closing at $35.70, with 13,383 stock units crossing the exchange, Seprod increased 30 cents to $62.30 trading 1,534 shares. Supreme Ventures dropped 65 cents to end at $18 with the swapping of 24,507 units and Wisynco Group climbed 85 cents to $16.89, with 168,805 stocks clearing the market.
In the preference segment, JMMB Group 7.25% popped 36 cents to $2.76, trading 721 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading jumps
Trading jumped on Thursday, with the volume of stocks traded surging 261 percent and the value climbing 280 percent higher than on Wednesday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 34 securities trading compared to 38 on Wednesday, ending with 10 rising, 18 declining and six unchanged. The Junior Market Index lost 20.92 points to 3,368.74.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.4. The PE ratio of each stock shown in the chart below is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
A total of 15,603,426 shares traded for $55,122,731 up from 4,318,106 units at $14,505,480 on Wednesday. Mailpac Group led trading with 9.79 million shares for 62.8 percent of total volume, followed by Jamaican Teas with 1.22 million units for 7.8 percent of the day’s trade and Lumber Depot 809,985 shares, with 5.2 percent market share.
Trading averaged 458,924 shares at $1,621,257 up from 113,634 units at $381,723 on Wednesday and month to date, averaging 413,716 units at $1,312,969 versus 410,995 shares at $1,294,418 on Wednesday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows one stock ending with the bid higher than the last selling price and one stock with a lower offer.
At the close, Access Financial dropped 5 cents in closing at $20.95 with the swapping of 3,088 shares, CAC 2000 advanced 5 cents to $8.30 with an exchange of 1,579 stock units, Cargo Handlers declined 80 cents to $7 after trading 4,043 units. Caribbean Cream popped 10 cents to $5.90, with 800 stocks crossing the exchange, Caribbean Flavours fell 5 cents to close at $1.91 in switching ownership of 83,000 stocks, Express Catering shed 21 cents to end at $5.44, with 52,200 units crossing the market. Fontana lost 5 cents to close at $7.20 after 57,257 stock units changed hands, Honey Bun popped 8 cents to $9.23 trading 92,430 shares, ISP Finance lost $3.80 in closing at $38, with just 5 stock units crossing the market. Jamaican Teas gained 27 cents in ending at $4.02 after trading 1,215,849 units, Lasco Distributors shed 24 cents to $3.15 in an exchange of 42,572 stocks, Limners and Bards climbed 20 cents to $3.70 in trading 333,871 shares.
Lumber Depot declined 12 cents in closing at $2.96, with 809,985 stock units clearing the market, Mailpac Group dropped 6 cents to end at $3.34 after exchanging 9,793,796 shares, Medical Disposables rose 45 cents to close at $6.50 after 82,174 units changed hands. Paramount Trading fell 14 cents to end at $1.10 while exchanging 18,000 stocks, SSL Venture increased 5 cents to 96 cents with 20,386 stocks changing hands and Stationery and Office Supplies rallied 54 cents to $6.04 while exchanging just 1,056 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading down on JSE Main Market
Market activity pulled back on Wednesday, with the volume of shares trading declining 56 percent and the value down 61 percent from trading on Tuesday at the close of the Jamaica Stock Exchange Main Market, leaving rising stocks falling well short of those declining.
The All Jamaican Composite Index dipped 382.47 points to 426,641.23, the Main Index shed 676.11 points to end at 385,698.46 and the JSE Financial Index slipped 0.24 points to settle at 94.66.
Trading ended with 51 securities compared to 52 on Tuesday, with 16 rising, 22 declining, with 13 unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.9. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total of 3,490,636 shares traded for $80,777,884 versus 7,936,245 units at $204,991,450 on Tuesday. Transjamaican Highway led trading with 626,462 shares for 17.9 percent of total volume, followed by Caribbean Producers with 390,383 units for 11.2 percent of the day’s trade and Carreras with 360,644 units for 10.3 percent.
Trading averages 68,444 units at $1,583,880, compared to 152,620 shares at $3,942,143 on Tuesday and month to date, an average of 449,742 units at $4,806,835, against 475,915 units at $5,028,061 on Tuesday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and lower offers.
At the close, Caribbean Cement rose $1.50 to close at $72 closed trading 22,014 stock units, Eppley advanced 50 cents to $36 after 220 units crossed the exchange. Eppley Caribbean Property Fund rallied 50 cents in closing at $42 after exchanging 2,929 stocks, Guardian Holdings declined $9.88 to a 52 weeks’ low of $505.12 with the swapping of 11,763 shares, Jamaica Producers fell 84 cents to $22.51 in switching ownership of 17,474 units. Mayberry Jamaican Equities increased 33 cents to close at $9.45 crossing the market 58,420 stock units, NCB Financial lost 70 cents to end at $119.80 with an exchange of 244,696 stocks, 138 Student Living popped 47 cents to end at $4.25 after exchanging 1,258 shares, PanJam Investment shed $1.48 to end at $63.50 in exchanging 4,125 units.
Proven Investments dropped 5 cents in closing at $32.95 in an exchange of 4,650 stocks, Radio Jamaica declined 46 cents to end at $3.04, with 130,480 stock units changing hands, Sagicor Real Estate Fund fell $1.49 to $6.01 in trading 20,619 shares. Scotia Group gained 50 cents to $37 trading 138,755 shares, Seprod dropped $2 to close at $62, with 7,547 stock units crossing the market and Wisynco Group lost 91 cents in closing at $16.04 trading 37,664 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling volume & rising prices
Trading slipped on Wednesday with the volume of stocks traded declining 49 percent less at a 63 percent lower value than on Tuesday at the close of the Jamaica Stock Exchange Junior Market on a day when stocks gaining had the upper hand over declining ones.
Overall, 38 securities traded the same as on Tuesday with 16 rising, 14 declining and eight unchanged. At the close, the Junior Market Index rose 11.26 points to 3,389.66.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.5. The PE ratio of stocks shown in the chart below is based on ICInsider.com’s forecast of earnings for companies with their financial year ending up to August 2022.
A total of 4,318,106 shares traded for $14,505,480 down from 8,480,840 units at $39,539,987 on Tuesday. Mailpac Group led trading with 993,340 shares for 23 percent of total volume, followed by Consolidated Bakeries trading 885,402 units for 20.5 percent of the day’s trade and Lumber Depot with 470,787 units for 10.9 percent market share.
Trading averaged 113,634 shares at $381,723 in contrast to 223,180 shares at $1,040,526 on Tuesday and the month to date, averaging 410,995 units at $1,294,418, compared to 432,437 units at $1,360,248 on Tuesday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial popped $1 to $21 in exchanging 2,141 shares, Blue Power gained 17 cents to close at $3 with 21,667 units changing hands, CAC 2000 rallied 75 cents to $8.25 after an exchange of 100 stocks. Cargo Handlers spiked 53 cents to end at $7.80, with 100 stock units crossing the market, Caribbean Assurance Brokers advanced 12 cents to $2.40 in trading 69,483 stocks, Caribbean Cream rose 10 cents to close at $5.80 in an exchange of 7,729 shares. Consolidated Bakeries declined 17 cents to end at $1.17 after 885,402 units crossed the market, Derrimon Trading increased 6 cents to $2.26, with an exchange of 138,670 stock units, Dolphin Cove dropped $2.90 in closing at $14, with 186,419 units clearing the market. Elite Diagnostic shed 20 cents to $2.80 after exchanging 24,302 shares, Express Catering dropped 24 cents to end at $5.65 in switching ownership of 34,582 stock units, Fontana fell 5 cents to $7.25 while exchanging 31,070 stocks. 
Honey Bun lost 10 cents to $9.15 with the swapping of 7,853 units,ISP Finance climbed $3.80 to $41.80 trading a mere 4 shares, Jamaican Teas dropped 13 cents to close at $3.75 after exchanging 179,721 stock units. Jetcon Corporation popped 10 cents to end at $1, with 100 stocks changing hands, Lasco Distributors climbed 23 cents to $3.39 trading 5,266 stocks, Limners and Bards fell 19 cents to close at $3.50, with 443,763 stock units changing hands. Lumber Depot popped 8 cents in closing at $3.08 in an exchange of 470,787 shares, SSL Venture shed 5 cents ending at 91 cents trading 28,710 units and Stationery and Office Supplies declined 54 cents to $5.50 after exchanging 17,209 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE majors Indices take a slide
Trading activity ended on Tuesday, with the volume of stocks exchanged, declining by 35 percent and the value 31 percent higher than on Monday at the close of the Jamaica Stock Exchange Main Market as rising stocks more than doubled those declining, but that did not prevent to indices to sink for the day after starting the day with the promise of increases.
The All Jamaican Composite Index fell 1,468.55 points to settle at 427,023.70 the Main Index lost 1,096.38 points to settle at 386,374.57 and the JSE Financial Index fell 0.08 points to settle at 94.90.
Trading ended with 52 securities up from 50 on Monday, with 26 rising, 11 declining and 15 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between the current year and August 2022.
Overall, 7,936,245 shares traded for $204,991,450 down from 12,295,650 units at $156,066,728 on Monday. Barita Investments led trading with 1.24 million shares for 15.7 percent of total volume, followed by JMMB Group 7.5% with 1.21 million units for 15.3 percent of the day’s trade and JMMB Group 978,000 units for 12.3 percent market share.
Trading averages 152,620 units at $3,942,143, compared to 245,913 shares at $3,121,335 on Monday and month to date, an average of 475,915 units at $5,028,061, compared to 500,244 nits at $5,109,780 on Monday. November closed with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows eleven stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement dropped $2.61 to $70.50, with 56,843 stocks changing hands, Eppley popped $1.30 to $35.50 in switching ownership of 151 units. Eppley Caribbean Property Fund jumped $3.97 to $41.50, with 40 stock units crossing the market, Jamaica Broilers rallied $1.09 to $29.99 with an exchange of 3,243 units, Jamaica Stock Exchange gained 59 cents in closing at $17.30 with the swapping of 7,086 stocks. 138 Student Living fell 56 cents to $3.78 while exchanging 5,350 shares, Proven Investments rose 50 cents to $33.50 after 1,982 stock units changed hands, Pulse Investments declined 20 cents to $3.80 trading 330,178 shares, Sagicor Group spurted 96 cents to end at $51.97 in exchanging 5,065 stocks. Scotia Group shed $1.40 to $36.50 in trading 49,697 stock units, Seprod advanced $2 to close at $64, with 18,075 units crossing the market, Stanley Motta popped 73 cents to $5.58 in an exchange of 25,766 shares. 
Supreme Ventures dropped 30 cents in closing at $18.70 after exchanging 12,957 stocks, Sygnus Credit Investments advanced 29 cents to $14.99 after trading 8,659 units and Wisynco Group rose 20 cents to $16.95 after 469,285 stock units changed owners.
In the preference segment, 138 Student Living Preference shares rallied 60 cents to $6.60 trading 1,000 shares and JMMB Group 7.25% due 2024, gained 19 cents to end at $1.69, with 99,326 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE Junior Market
Traders sent more stocks higher at the close on Tuesday than those that fell, with the volume of stocks traded jumping 122 percent more and the value surging 164 percent higher than Monday on the Jamaica Stock Exchange Junior Market.
Overall, 38 securities trading compared to 37 on Monday and ended with 16 rising, 10 declining and 12, closing unchanged. At the close, the Junior Market Index shed 6.91 points to settle at 3,378.40.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.5. The PE ratio of each stock shown in the chart below is based on ICInsider.com’s earnings forecasts for companies with their financial year ending up to August 2022.
The volume trading jumped to 8,480,840 shares for $39,539,987 up from 3,813,706 units at $14,961,528 on Monday. Mailpac Group was the lead trade with 2.84 million shares for 33.5 percent of total volume, followed by Lumber Depot, 1.97 million units with 23.2 percent of the day’s trade and Future Energy Source with 926,883 units for 10.9 percent market share.
Trading averaged 223,180 shares at $1,040,526 in contrast to 103,073 shares at $404,366 on Monday and the month to date, averaging 432,437 units at $1,360,229 compared to 448,698 units at $1,385,073 on Monday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rallied 50 cents to $20 in transferring 631,843 shares, AMG Packaging rose 7 cents to $2.12 closed trading 5,000 units, Blue Power fell 27 cents to $2.83, with 6,590 stocks changing hands. CAC 2000 lost 31 cents to $7.50 in trading 1,000 stock units, Cargo Handlers spiked 67 cents in closing at $7.27 after 1,310 stock units traded, Caribbean Assurance Brokers dropped 27 cents to $2.28 with an exchange of 274,012 shares. Caribbean Cream shed 10 cents to $5.70 in exchanging 925 stocks, Dolphin Cove declined 30 cents to close at $16.90, with 218,028 units crossing the market, Express Catering gained 29 cents to end at $5.89, with 44,334 units crossing the market. 
Fontana climbed 27 cents to $7.30 while exchanging 29,353 stock units, Future Energy Source advanced 12 cents to $2.95 with the swapping of 926,883 shares, General Accident dropped 45 cents to end at $6.30 after exchanging 13,598 stocks. Honey Bun shed 20 cents to $9.25, with 54,384 stock units clearing the market, Lasco Distributors increased 5 cents to close at $3.16 in an exchange of 1,000 shares, Lasco Financial popped 10 cents to $3 with an exchange of 43,393 stocks. Lumber Depot lost 19 cents in closing at $3, with 1,969,970 units crossing the exchange, Mailpac Group gained 7 cents to close at $3.42 after exchanging 2,841,193 units and Stationery and Office Supplies climbed 34 cents to $6.04 in trading 200 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Majors inched higher on negative advance ratio
Market activity ended on Monday, with 24 percent more shares trading having a value that was 14 percent higher than on Friday as the Jamaica Stock Exchange Main Market enjoyed moderate gains in the market indices as rising stocks fell well behind those declining.
The All Jamaican Composite Index popped 156.89 points to 428,492.25 the Main Index rose 423.17 points to 387,470.95 and the JSE Financial Index slipped 0.01 points to close at 94.98.
Trading ended with 50 securities similar to trading on Friday, with 17 rising, 24 declining and nine ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.7. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial year ends between the current year and August 2022.
A total of 12,295,650 shares changing hands for $156,066,728 versus 9,898,970 units at $136,479,588 on Friday. Wigton Windfarm led trading with 7.75 million shares for 63.1 percent of total volume followed by JMMB Group with 1.93 million units for 15.7 percent of the day’s trade and Transjamaican Highway with 501,259 units for 4.1 percent market share.
Trading averages 245,913 units at $3,121,335, compared to 197,979 shares at $2,729,592 on Friday and month to date, an average of 500,244 units at $5,109,780 compared to 520,082 units at $5,264,885 on Friday. November ended with an average of 233,949 units at $2,695,416.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints climbed $1.08 to $13.72, with a mere 80 shares changed hands, Caribbean Cement lost 88 cents to close at $73.11 after exchanging 18,605 stocks, Caribbean Producers popped 85 cents to $13 after trading 133,200 units. Eppley dropped $5.65 to close at $34.20, with 190 stock units clearing the market, Eppley Caribbean Property Fund dropped $4.72 to end at $37.53 finishing with 1,194 units changing hands, GraceKennedy gained $1 to end at $100 while exchanging 279,220 shares. Jamaica Broilers declined $1.09 to end at $28.90 trading 1,865 stock units, Jamaica Producers rose 35 cents in closing at $23.35 with an exchange of 1,795 stocks, Jamaica Stock Exchange fell 69 cents to close at $16.71, with 2,897 units crossing the market. JMMB Group lost 30 cents to close at $38 in trading 1,930,389 shares, Mayberry Investments fell $1.34 to $7.51, with 118 stock units changing hands, NCB Financial rallied 50 cents to end at $120.50 in an exchange of 228,208 stocks. 
Portland JSX shed $1.05 to close at $6.92 with the swapping of 30 units, Proven Investments dropped 60 cents to $33 with 45,104 stock units crossing the market, Radio Jamaica rallied 26 cents in closing at $3.50 after exchanging 243,808 shares. Sagicor Group declined 97 cents to $51.01 after 65,722 stocks crossed the exchange, Sagicor Real Estate Fund fell 49 cents to $7.50 in exchanging 541 stock units, Salada Foods lost 27 cents in closing at $6.13 in exchanging 46,546 shares. Scotia Group increased 91 cents to end at $37.90 after exchanging 2,563 units and Supreme Ventures advanced 90 cents to close at $19 with the swapping of 17,367 stocks,
In the preference segment, JMMB Group 7.25%due 2025, shed 36 cents in closing at $2.40 with an exchange of 143 shares and JMMB Group 7.25%c share due 2024, declined 30 cents to end at $1.50 clearing the market with 1,190 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Dolphin Cove jumps $3.60 to 52 weeks’ high
Some sizable price gains led by a $3.60 jump in Dolphin Cove that closed at a 52 weeks’ high of $17.20, overcame the pressure of more stocks falling in price on Monday in Jamaica Stock Exchange Junior Market trading with the volume of stocks traded dropping a hefty 75 percent and the value plunging 70 percent lower than at Friday’s close.
Dolphin Cove closed at a 52 weeks’ high on Monday.
Some 37 securities traded compared to 38 on Friday and ended with 1 rising, 17 declining and eight closing unchanged. The Junior Market Index popped 23.08 points to 3,385.31, with the market index up 28 percent for the year with just two weeks for the close of the year.
The PE Ratio, a measure used to compute appropriate stock values, averages 14.4. The PE ratio of each stock is shown in the chart below, is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Just 3,813,706 shares traded for $14,961,528 down from 15,484,032 units at $50,322,586 on Friday. Future Energy Source led trading with 695,045 shares after taking 18.2 percent market share, followed by Lasco Manufacturing 578,280 units for 15.2 percent of the day’s trade and Jamaican Teas with 561,375 units for 14.7 percent.
Trading averaged 103,073 shares at $404,366 in contrast to 407,475 shares at $1,324,279 on Friday and month to date, an average of 448,698 units at $1,385,073, compared to 476,991 units at $1,465,352 on Friday. November closed with an average of 160,358 units at $581,730.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Blue Power declined 10 cents trading 56,723 shares at $3.10, CAC 2000 rose 31 cents to $7.81 after exchanging 150 stocks, Cargo Handlers shed 70 cents to end at $6.60, with 100 units changing hands. Caribbean Assurance Brokers increased 15 cents to $2.55 trading 18,156 stock units, Caribbean Cream dropped 13 cents in closing at $5.80 after an exchange of 20,879 stock units, Consolidated Bakeries rose 9 cents to $1.34 after 62,000 stocks crossed the market. Derrimon Trading lost 6 cents in closing at $2.22 while exchanging 283,608 shares, Dolphin Cove spiked $3.60 to a 52 weeks’ high of $17.20, resulting in 102,280 units changing hands, Fontana fell 7 cents to $7.03 in switching ownership of 209,749 shares. Fosrich rallied 35 cents to $8.95 with an exchange of 13,350 stock units, General Accident popped 45 cents in ending at $6.75 after trading 1,391 stocks, GWest Corporation inched 8 cents higher to 98 cents, with 1,000 units crossing the exchange. Honey Bun fell 5 cents to close at $9.45, with 23,690 stocks clearing the market, Knutsford Express popped 59 cents to end at $7.97 in an exchange of 313 units, Lasco Distributors shed 17 cents to $3.11 in an exchange of 5,721 shares. 
Lasco Financial lost 10 cents in closing at $2.90 after exchanging 145,312 stock units, Limners and Bards gained 6 cents to close at $3.69 with the swapping of 7,198 stock units, Lumber Depot dropped 5 cents to $3.19 in an exchange of 482,250 stocks. Mailpac Group dipped 8 cents to $3.35 after 134,816 units passed through the exchange, Medical Disposables popped 5 cents to $6.05 with 1,000 shares changing hands, Paramount Trading shed 6 cents in ending at $1.24 in trading 250 units and Stationery and Office Supplies dropped 10 cents to end at $5.70 in switching ownership of 35,155 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Four day losing streak broken on Friday
After four straight days of declines, investors pushed more stocks higher in market activity on Friday with the volume of shares dropping 51 percent with 60 percent less value than on Thursday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index climbed 1,557.35 points to 428,335.36, the JSE Main Index advanced 718.53 points to finish at 387,047.78 and the JSE Financial Index slipped 0.33 points to close at 94.99.
At close, a total of 50 securities were traded compared to 49 on Thursday, 23 rose, 14 fell and 13 ended unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.2. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
A total 9,898,970 shares traded for $136,479,588 versus 20,045,378 units at $339,681,628 on Thursday. Wigton Windfarm led trading with 42.7 percent of total volume for an exchange of 4.23 million shares followed by Kingston Wharves 20.4 percent with 2.02 million units and Sterling Investments 8.3 percent with 816,803 shares.
Trading averages 197,979 units at $2,729,592, compared to 409,089 shares at $6,932,278 on Thursday and month to date, an average of 520,895 units at $5,273,111, down from 547,333 units at $5,488,663 on Thursday. November closed with an average of 233,949 units at $2,695,416.
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 fell $1.06 to $89.94 with a transfer of 6,039 shares, Berger Paints shed $1.09 in closing at $12.64 after exchanging 12,485 stock units, Caribbean Cement fell $1.01 to $73.99 after trading 8,032 units Caribbean Producers rallied $1.30 to close at a record closing high of $12.15 with 535,747 stocks crossing the market, Eppley popped $1.35 to $39.85 in an exchange of 736 units, Eppley Caribbean Property Fund lost 25 cents in closing at $42.25 with the swapping of 1,083 stocks. First Rock Capital gained 39 cents to end at $10.79 in exchanging 2,753 stock units, GraceKennedy spiked 52 cents to $99 in switching ownership of 89,171 shares, Guardian Holdings dropped $4 to close at $515 with the swapping of 22,209 units. Jamaica Broilers advanced $1.40 to $29.99 with 2,994 stocks changing hands, Jamaica Producers lost 50 cents to end at $23 with 41,504 stock units crossing the market, JMMB Group rose 48 cents in closing at $38.30 trading 90,352 shares. Kingston Wharves declined $1.98 to $41 in an exchange of 2,017,426 shares, Mayberry Investments rose 85 cents to $8.85 with 108 units changing hands, MPC Caribbean Clean Energy popped 98 cents to close at $100.98 with a transfer of 119 stocks.
PanJam Investment advanced $1.48 to end at $64.98 after 659 stock units cleared the market, Sagicor Group rose 84 cents in closing at $51.98 in switching ownership of 23,709 stocks, Scotia Group gained 49 cents to end at $36.99 in trading 44,370 stock units. Stanley Motta fell 40 cents to $4.90 in switching ownership of 5,152 shares, Sygnus Real Estate Finance declined $2.51 to close at $15.21 with the swapping of 28,206 units and Wisynco Group popped 46 cents in closing at $16.96 in an exchange of 358,723 stock units.
In the preference segment, JMMB Group 7.25% gained 36 cents to close at $2.76 with 2,700 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Lumber dominates Junior Market trades
Lumber Depot led trading with 89.2 percent of the total volume on Friday, after an exchange of 13.8 million shares and leading to the overall volume of stocks traded surging 434 percent with the value rising 338 percent higher than on Thursday at the close of the Jamaica Stock Exchange Junior Market.
Market activity led to 38 securities trading up from 32 on Thursday and ended with 14 rising, 13 declining and 11, closed unchanged.
The Junior Market Index fell 26.93 points to settle at 3,362.23. The PE Ratio, a measure used to compute appropriate stock values, averages 14.3. The PE ratio of each stock shown in the chart below is based on earnings forecasted by ICInsider.com for companies with their financial year ending up to August 2022.
Trading ended with 15,484,032 shares changing hands for $50,322,586 up from 2,898,249 units at $11,497,638 on Thursday. Following Lumber Depot’s big trade, Future Energy Source traded 4.6 percent of the day’s volume with 716,106 units and Dolphin Cove was next with 1.3 percent after an exchange of 208,699 shares.
Trading averaged 407,475 shares at $1,324,279 in contrast to 90,570 shares at $359,301 on Thursday and month to date, an average of 476,991 units at $1,465,352, against 483,371 units at $1,478,300 on Thursday. November closed with an average of 160,358 units at $581,730.
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 fell $1.50 to close at $19.50 after trading 133 shares, Caribbean Assurance Brokers dropped 9 cents to $2.40, with 10,750 stocks crossing the market, Caribbean Cream rose 23 cents to $5.93 after an exchange of 200 stock units. Caribbean Flavours rallied 7 cents to $1.96 while exchanging 500 units, Consolidated Bakeries lost 10 cents to close at $1.25 with 149,279 stocks changing hands, Dolphin Cove shed 30 cents to close at $13.60 in an exchange of 208,699 shares. Express Catering popped 10 cents to $5.60 after 33,097 units passed through the exchange, General Accident declined 40 cents in closing at $6.30 in trading 1,174 stock units, GWest Corporation dropped 5 cents to end at 90 cents with an exchange of 1,895 stocks. 
Honey Bun shed 50 cents to end at $9.50 in owners switching 27,511 shares, iCreate gained 10 cents to end at 92 cents in trading 2,097 stock units, Jetcon Corporation declined 11 cents to close at 91 cents with 3,200 units clearing the market. Knutsford Express climbed 38 cents to $7.38, with 50 stock units changing hands, Lasco Distributors rallied 18 cents to $3.28 in exchanging 16,614 units, Lumber Depot spiked 15 cents to $3.24 after an exchange of 13,810,756 stocks. Medical Disposables fell 69 cents to $6 with the swapping of 38,500 shares, Paramount Trading advanced 5 cents in closing at $1.30 after exchanging 19,943 units, SSL Venture climbed 16 cents to close at 96 cents, with 11,890 shares clearing the market and tTech gained 28 cents to close at $4.78 in trading 50 stock units.
In the preference segment, CAC 2000 9.5% preference share increased 6 cents to end at 99 cents with an exchange of 7,201 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
