Gains for JSE Main Market

Jamaica Stock Exchange Main Market activity ended on Monday, with the volume of stocks traded slipping slightly, with a 65 percent higher value than on Friday as trading ended with 59 securities compared to 55 on Friday, with 17 rising, 23 declining and 19 ending unchanged.
The All Jamaican Composite Index added 982.40 points to 436,625.69, the JSE Main Index rose 1,063.47 to 381,727.51 and the JSE Financial Index popped 0.08 points to 90.74.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.1 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.
A total of 6,753,577 shares were exchanged for $83,525,119 versus 6,917,755 units at $50,532,632 on Friday. Trading averages 114,467 units at $1,415,680 compared to 125,777 shares at $918,775 on Friday and month to date, an average of 174,862 units at $1,638,019, compared to 180,801 units at $1,659,883 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
Wigton Windfarm led trading with 2.76 million shares for 40.9 percent of total volume, followed by Radio Jamaica with 695,939 units for 10.3 percent of the day’s trade and Transjamaican Highway with 589,239 units for 8.7 percent market share.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and five stocks with lower offers.
At the close, Caribbean Cement advanced 75 cents in ending at $63, trading 4,552 shares, Eppley rose $1 in closing at $42 after an exchange of 331 stock units, Eppley Caribbean Property Fund dropped $3 to $40, with 200 stocks changing hands. First Rock Capital fell 50 cents to $12 after finishing trading of 9,276 units,Guardian Holdings rallied $13.94 to close at $518.95, with eight stocks crossing the market, Jamaica Broilers dropped 85 cents to $28.09 in an exchange of 105,030 units. Jamaica Producers climbed 64 cents after ending at $21.99, with 3,735 stock units clearing the market, Massy Holdings fell $1 in closing at $91 while exchanging 531,093 shares, Mayberry Investments shed 80 cents to end at $10 after 34,787 stock units crossed the exchange. Mayberry Jamaican Equities declined 44 cents to close at $14.55 after exchanging 8,681 units. MPC Caribbean Clean Energy increased by $12.58 to close at $97.58 with the swapping of 29 stocks, NCB Financial shed 99 cents to end at $98 with an exchange of 24,990 shares. Seprod gained $1 in closing at $71 as 6,157 stocks changed hands, Supreme Ventures popped 82 cents to $32.03 after exchanging 98,208 shares and Sygnus Real Estate Finance lost 45 cents in ending at $12.55, with 3,000 units crossing the market.
In the preference segment, Eppley 7.50% preference share dropped 96 cents in closing at $6 after trading 147 stock units and Productive Business Solutions 9.75% preference share fell $2.55 in ending at $106.95 in switching ownership of a mere two shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.