The Jamaica Stock Exchange Main Market trading ended on Thursday with moderate activity after an 81 percent fall in the volume of stocks exchanged valued 155 percent more than on Wednesday, following activities in 54 securities trading down from 56 on Tuesday, with 19 rising, 17 declining and 18 ending unchanged.
Only 4,041,001 shares were traded for $117,403,602 against 21,251,911 units at $46,083,372 on Wednesday.
Trading averaged 74,833 units at $2,174,141 comaped to 379,498 shares at $822,917 on Wednesday and month to date, an average of 162,851 units at $1,574,449, versus 169,759 units at $1,527,381 on the previous trading day. Trading in September averaged 533,719 units at $5,494,282.
Caribbean Cement led trading with 1.54 million shares for 38 percent of total volume followed by Wigton Windfarm with 458,464 units for 11.3 percent of the day’s trade and Transjamaican Highway with 322,834 units for 8 percent market share.
The All Jamaican Composite Index rose 714.74 points to 405,588.28, the JSE Main Index rallied 850.71 points to 354,097.95 and the JSE Financial Index advanced 0.09 points to settle at 85.10.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.7 for the Main Market. 
The JSE Main and USD Market PE ratios incorporate ICInsider.com’s projected profit for companies with the financial year ending between November and August 2023.
The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments declined $1.30 to $101.90, with 3,571 shares clearing the market, Caribbean Producers shed 48 cents in closing at $13.50 as investors exchanged 70,015 stocks, Eppley increased $1.20 to $39.70, with 30 stock units crossing the market. GraceKennedy fell 41 cents to $90 after trading 90,926 units, Massy Holdings gained $4.97 to end at $85 in 431 stocks crossing the exchange, NCB Financial climbed $1.19 to close at $89.99 in exchanging 31,552 stock units. Palace Amusement dipped $10 to $830 in trading 37 shares, PanJam Investment popped 49 cents to $56.99 while exchanging 21,084 units, Portland JSX rallied 91 cents to $9.97 with the swapping of just four stock units. 
Sagicor Group dropped 50 cents in closing at $50 with 31,210 stocks traded, Seprod rose $2 to $71 in exchanging 6,536 shares, Supreme Ventures advanced 40 cents to $27.50, with 72,865 units changing hands and Wisynco Group lost 70 cents to close at $18.40 after exchanging 8,716 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE Main Market
October 20, 2022 by IC Insider.com
Filed Under: Feature Stories, JSE Main Market, Stock Market Tagged With: 138 Student Living, Barita Investments, Berger Paints, Caribbean Cement, Caribbean Producers, Carreras, Community & Workers Credit Union, Daily Trading, Emerging markets, Eppley, First Rock Capital, Grace Kennedy, Jamaica Broilers, Jamaica Producers, Jamaica Stock Exchange, Jamaican stocks, JMMB Group, Key Insurance, Kingston Properties, Kingston Wharves, Mayberry Investments, Mayberry Jamaica Equities, NCB Financial, PANJAM Investment, Portland JSX, Proven Investments, QWI Investments, Radio Jamaica, Sagicor Group, Sagicor Real Estate Fund, Sagicor Select Fund, Salada Foods, Scotia Group, Seprod, Stanley Motta, Sterling Investments, Supreme Ventures, Sygnus Credit, Trading Activity, Transjamaican Highway, Victoria Mutual Investments, Wigton Windfarm, Wisynco Group
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