Increased trading on Main Market

Market activity ended on Friday with the volume of shares trading rising moderately above Thursday level with 239 percent higher value at the close of the Jamaica Stock Exchange Main Market as declining were more than rising ones.
The All Jamaican Composite Index declined 2,112.90 points to 440,135.36, the JSE Main Index rose 876.40 points to 400,871.25 and the JSE Financial Index fell 0.19 points to end at 95.35.
A total of 59 securities traded, up from 56 on Thursday ending with 20 rising, 26 declining and 13 unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15.90. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Overall, 15,195,980 shares were exchanged for $440,781,941 versus 14,510,096 units at $130,102,912 on Thursday. Wigton Windfarm led trading with 29.5 percent of total volume for an exchange of 4.48 million shares followed by JMMB Group with 18.4 percent for 2.80 million units, GraceKennedy controlled 15.5 percent with 2.35 million units, QWI Investments held 11.6 percent after trading 1.77 million units and Transjamaican Highway had 6.9 percent with 1.04 million units changing hands.
Trading averaged 257,559 units at $7,470,880, compared to 259,109 shares at $2,323,266 on Thursday and month to date, an average of 460,902 units at $8,083,611, compared to 492,391 units at $8,178,496 on the previous trading day. February closed with an average of 392,520 units at $3,199,976.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints fell $1 to $12 with 1,386 shares crossing the market, Caribbean Cement lost 50 cents to close at $71 in an exchange of 3,798 stocks, Caribbean Producers declined $1.69 after ending at $14.25 with 395,160 stock units clearing the market. Eppley rose $1.35 in closing at $41.45 with a transfer of 81 units, Eppley Caribbean Property Fund advanced $1.94 to $40 in exchanging 103,690 shares, First Rock Capital rallied $1.24 in closing at $12.54 in switching ownership of 3,891 stocks.GraceKennedy shed 97 cents to end at $103.01 with the swapping of 2,352,331 shares, Guardian Holdings advanced $5 to $555 in trading 24,116 stock units, Jamaica Broilers lost 50 cents to settle at $29 with a transfer of 41,988 units. Jamaica Stock Exchange popped 30 cents to end at $17 while 31,808 stock stocks changed hands, JMMB Group fell $1 to $41 trading 2,798,284 stock units, Kingston Properties shed $1 to end at $8.50 in exchanging 8,741 shares. Kingston Wharves fell $1 to $40 after 126,144 units crossed the exchange, Massy Holdings declined $5.53 to close at $122.47 after transferring 158,384 stocks, Mayberry Investments gained 95 cents in closing at $7.45 with the swapping of 2,000 stock units. MPC Caribbean Clean Energy climbed $19 to end at $119 after trading 253 units, NCB Financial shed 55 cents to close at $118.26 in exchanging 34,417 shares, Palace Amusement dropped $80 to $950 in switching ownership of 43 stock units. PanJam Investment shed 99 cents to end at $67.56 with 20,375 stocks crossing the exchange, Portland JSX fell $1.36 to $7.50 after the swapping of 5,000 shares, Proven Investments popped 75 cents in closing at $35.75 with a transfer of 21,504 stocks. Sagicor Group fell $1.58 to end at $58.42 with 8,163 stock units changing hands, Seprod declined $2.93 to $55.02 with the swapping of 7,031 units and Sygnus Real Estate Finance rose 82 cents to $17.50 in an exchange of 500 shares.
In the preference segment, Productive Business Solutions 9.75% preference share declined $5 to close at $100 after exchanging 2,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.