Trading declined on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks traded falling 39 percent with a 12 percent lower value than on Thursday, with trading in 57 securities similar to trading on Thursday and ended with 17 rising, 25 declining and 15 ending unchanged.
A total of 11,913,117 shares were traded for $42,086,420 compared to 19,516,550 units at $47,807,103 on Thursday.
Trading averaged 209,002 shares at $738,358 compared with 342,396 units at $838,721 on Thursday and month to date, an average of 473,702 shares at $3,295,648, compared with 540,168 units at $3,937,787 on the previous day. Trading in June closed with an average of 366,795 units at $6,952,581 including trading in Bonds.
Transjamaican Highway led trading with 3.33 million shares for 27.9 percent of total volume followed by Wigton Windfarm with 1.99 million units for 16.7 percent of the day’s trade, Ciboney Group with 1.95 million units for 16.4 percent of market share and Sagicor Select Financial Fund with 1.46 million units for 12.3 percent of total volume.
The All Jamaican Composite Index lost 2,051.59 points to end at 363,287.98, the JSE Main Index fell 1,305.66 points to finish at 326,625.92 and the JSE Financial Index shed 0.61 points to end at 71.45.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
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, Barita Investments dipped 35 cents to close at $75.14 with investors transferring 8,178 shares, Berger Paints fell 34 cents to end at $7.70 as 400 units passed through the market, Caribbean Cement declined $3.20 to $54.50 after an exchange of 838 stocks, 
Ciboney Group shed 32 cents in closing at $1.33, with 1,948,280 stock units changing hands. Eppley lost $2.45 and ended at $34, with 107 stocks crossing the market, Eppley Caribbean Property Fund dropped $3.48 in closing at $39 with an exchange of 1,030 stock units, Guardian Holdings rose $8 to end at $420, with 283 shares crossing the market, Jamaica Broilers dipped $1.84 to close at $35.05 with 56,101 units clearing the market, Jamaica Producers gained 35 cents and ended at $20.50 as investors exchanged 2,200 shares. JMMB Group dropped $2.30 to $30 after a transfer of 22,542 stocks, Margaritaville increased $2.68 in ending at $17.98 in an exchange of 2 units, Mayberry Jamaican Equities popped 56 cents to close at $11.56 with a transfer of 75,240 stock units, MPC Caribbean Clean Energy lost 50 cents to end at $68.50 in an exchange of 1,545 stock units. 
Proven Investments shed $1.59 to $22.12 in trading 46,772 shares and Seprod fell $2.82 in closing at $70.18 with shareholders swapping 181 units.
In the preference segment, Productive Business 10.50% preference share declined $99.99 in closing at $1100.01 in switching ownership of 100 stocks and Jamaica Public Service 7% declined $6.21 to close at $50 after 18 stock units crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
