March started off on a positive note for the Jamaica Stock Exchange Main Market with gains in the market indices after an exchange of 60 securities compared to 61 on Tuesday, with 22 rising, 26 declining and 12 unchanged on Wednesday, with a 66 percent decline in the volume of stocks traded and the value 58 percent lower than on Tuesday.
A total of 5,390,205 shares were traded for $37,625,972 down from 15,655,244 units at $89,795,027 on Tuesday.
Trading averaged 89,837 units at $627,100 versus 256,643 shares at $1,472,050 on Tuesday. Trading in February averaged 183,599 shares at $2,160,070.
Wigton Windfarm led trading with 1.84 million shares for 34.0 percent of total volume Transjamaican Highway followed with 977,873 units for 18.1 percent of the day’s trade and Radio Jamaica with 534,970 units for 9.9 percent market share.
The All Jamaican Composite Index climbed 3,384.45 points to 382,078.90, the JSE Main Index rallied 2,579.19 points to 337,221.42 and the JSE Financial Index advanced 0.66 points to settle at 79.57.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.9 for the Main Market. 
The JSE Main and USD Market PE ratios combine the last traded price and earnings per share forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments declined $1 in closing at $81 after hitting an intraday 52 weeks’ low of $80.01with an exchange of 74,498 shares, Berger Paints shed 68 cents to end at $8.27 in transferring 10,616 stock units, Caribbean Cement dipped $2 to close at $60 trading 99,488 units. Caribbean Producers gained 51 cents to end at $11 with 94,255 stocks changing hands, Eppley fell $2 to $38 after 5,255 stocks passed through the market, GraceKennedy rose 50 cents in closing at $79 after 10,608 units crossed the market. 
Guardian Holdings dropped $9.50 to end at $500.50 after investors traded 134 shares, Jamaica Broilers shed 75 cents to close at $35.75 with the swapping of 26,083 stock units, Jamaica Producers dipped $2.41 to $20.31 after an exchange of 8,604 stocks. Jamaica Stock Exchange shed 72 cents to $13.98 with investors transferring 7,620 stock units, JMMB Group rallied $1.38 in ending at $31.89 after an exchange of 20,197 units, MPC Caribbean Clean Energy rose $13.10 to $97 trading 10 shares. NCB Financial advanced $2.89 to end at $75.50 in switching ownership of 12,797 stocks, 138 Student Living lost 49 cents to close at $5.01 with a transfer of 508 stock units, Palace Amusement declined $1.05 in closing at $6.70 as investors swapped 33,208 shares. PanJam Investment shed 58 cents in closing at $56.52 with 1,032 units clearing the market, Proven Investments popped 48 cents to $27.50 in an exchange of 5,212 stock units, Sagicor Group fell $1.02 to close at $52.97 with 16,208 shares changing hands.
Seprod advanced $3.75 to end at $67 exchanging 624 stocks and Stanley Motta shed 74 cents ending at $4.90 with the swapping of 30,567 units.
In the preference segment, Jamaica Public Service 7% gained $7.17 to close at a record high of $30 after trading 5,282 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
