Stocks plunged on Jamaica Stock Exchange Main Market on Monday, sending the market indices sharply lower by the close after the volume of stocks traded rose 174 percent and the value surged 587 percent over Friday’s levels, with trading in 55 securities compared with 57 on Friday, ending with prices of 16 stocks rising, 29 declining and 10 ending unchanged.
The market closed on Monday with an exchange of 25,850,445 shares at $206,255,781 compared to 9,443,669 units at $30,041,719 on Friday.
Trading averaged 470,008 shares at $3,750,105 compared to 165,678 units at $527,048 on Friday and month to date, an average of 962,588 units at $2,406,562 compared with 991,657 units at $2,327,275 on the previous trading day and February that closed with an average of 385,143 units at $3,418,046.
General Accident led trading with 12.0 million shares for 46.4 percent of total volume followed by Transjamaican Highway with 6.55 million units for 25.3 percent of the day’s trade, Sagicor Group chipped in with 1.33 million stocks for 5.1 percent of market share and Proven Investments with 1.0 million units for 3.9 percent of total volume.
The All Jamaican Composite Index dropped 4,751.24 points to 363,559.46, the JSE Main Index sank 5,752.15 points to end at 323,170.52 and the JSE Financial Index lost 1.80 points to 69.21.
The Main Market ended trading with an average PE Ratio of 13.5. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement fell $1 to close at $56 after34,423 stocks passed through the market, Guardian Holdings skidded $18 to $351 with an exchange of 415 units, Jamaica Broilers lost 31 cents to end at $33.09, with 17,995 shares crossing the market. Jamaica Stock Exchange shed 38 cents in closing at $10.02 with traders dealing in 22,631 stock units, JMMB Group popped 50 cents and ended at $25.50 in switching ownership of 160,816 shares, Kingston Properties climbed 43 cents to $7.50, with 272,880 units crossing the exchange. Kingston Wharves dropped $3.32 and ended at $29.05 with investors swapping 241 stocks, Mayberry Jamaican Equities sank 88 cents in closing at $9.90, with 1,370 stock units crossing the market, NCB Financial declined 50 cents to close at $66.50 with trading of 177,410 shares. Pan Jamaica rose 92 cents to end at $51 after an exchange of 20,113 stock units, Proven Investments dipped $1.60 to $22 with investors trading 1,003,200 stocks, Sagicor Group advanced 75 cents to end at $41.25 after an exchange of 1,329,774 units. Scotia Group gained $1.15 in closing at $47.15 with investors dealing in 20,811 shares and Sygnus Real Estate Finance fell $1.01 to close at $10 after a transfer of 833 units.
In the preference segment, Eppley 7.50% preference share skidded 88 cents and ended at $5.02 while exchanging 8,045 stocks. Jamaica Public Service 9.5% increased $51 to $2,900 with investors transferring 4 stock units, JMMB Group 7.15% – 2028 sank 34 cents to close at $2.76 in an exchange of 50,259 shares and Productive Business Solutions 9.75% preference share dropped $10 in closing at $105 after 7 stocks changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising 112 percent with a marginally greater value than on Wednesday, with trading in 57 securities compared with 58 on Wednesday, with prices of 15 stocks rising, 25 declining and 17 ending unchanged.
The market closed with 25,385,635 shares being traded for $76,122,713 compared with 11,956,313 units at $74,815,722 on Wednesday.
Trading averaged 445,362 shares at $1,335,486 compared with 206,143 units at $1,289,926 on Wednesday and for the month to date, an average of 1,045,463 units at $2,444,547 compared with 1,087,279 units at $2,521,829 on the previous day and February that closed with an average of 385,143 units at $3,418,046.
Transjamaican Highway led trading with 8.84 million shares for 34.8 percent of total volume followed by JMMB 9.5% preference share with 6.67 million units for 26.3 percent of the day’s trade, Wigton Windfarm chipped in with 5.58 million units for 22 percent market share and Radio Jamaica ended with 1.03 million units for 4.1 percent of total volume.
The All Jamaican Composite Index shed 803.27 points to end at 366,350.22, the JSE Main Index sank 910.30 points to end at 327,260.10 and the JSE Financial Index declined 0.44 points to close at 69.88.
The Main Market ended trading with an average PE Ratio of 13.5. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Eppley declined 50 cents to end at $39.50 with 241 stocks clearing the market, Guardian Holdings fell $18 to $351 in an exchange of 260 units, Jamaica Broilers shed 30 cents and ended at $33.10 after 5,393 shares passed through the market. Jamaica Stock Exchange sank $1.47 to close at $9.11, with 6,039 stock units changing hands, JMMB Group skidded $1.70 in closing at $25 after an exchange of 10,301 shares, Key Insurance lost 36 cents to $2.21 with traders dealing in 5,340 units. Kingston Properties rose 43 cents to end at $7.50 with 13 stocks crossing the market, NCB Financial dipped $3.47 in closing at $65.01 after exchanging 23,425 stock units, Proven Investments dropped $1.69 and ended at $21.92 with a transfer of 1,484 shares. Sagicor Group gained $1.01 to close at $40.51 as investors exchanged 104,336 stock units, Sagicor Real Estate Fund popped 93 cents to $8 after a transfer of 1,854 units and Scotia Group climbed $1.50 to end at $47 in trading 40,426 stocks.
In the preference segment, 138 Student Living preference share shed 97 cents in closing at $218.03 with just one share passing through the exchange, Productive Business Solutions 10.5 % preference share lost $123.29 to close at $1150 with investors trading 43 stock units, Productive Business Solutions 9.75% preference share increased $19.91 and ended at $115 in an exchange of 261 units and Sygnus Credit Investments C10.5% rallied $3 to $110, with a mere 9 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with a 48 percent decline in the volume of stocks and a 19 percent fall in the value compared with Tuesday, following trading in 58 securities compared with 59 on Tuesday, with prices of 28 rising, 19 declining and 11 ending unchanged resulting in the market indices rising to close out trading.
The market closed with 11,956,313 shares being traded for $74,815,722 down from 22,829,779 units at $92,714,302 on Tuesday.
Trading averaged 206,143 shares at $1,289,926 compared to 386,945 units at $1,571,429 on Tuesday and month to date, an average of 1,087,279 units at $2,521,829, in comparison with 1,154,524 units at $2,615,843 on the previous day and February that closed with an average of 385,143 units at $3,418,046.
Wigton Windfarm led trading with 3.25 million shares for 27.2 percent of total volume followed by Radio Jamaica with 2.80 million units for 23.4 percent of the day’s trade, Transjamaican Highway chipped in with 2.66 million units for 22.3 percent market share and QWI Investments with 1.02 million units for 8.5 percent of total volume.
The All Jamaican Composite Index popped 1,037.70 points to close at 367,153.49, the JSE Main Index advanced 969.26 points to end at 328,170.40 and the JSE Financial Index rose 0.46 points to conclude trading at 70.32.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Carreras rose 30 cents to $9.05 with 103,549 stocks clearing the market, GraceKennedy declined $1.74 in closing at $73.50 while exchanging 380,969 units, Jamaica Stock Exchange advanced $1.44 to end at $10.58, with 1,370 shares crossing the market. Key Insurance popped 37 cents and ended at $2.57 in trading 500 stock units, Kingston Properties shed 43 cents to close at $7.07, with 2,608 shares crossing the market, Kingston Wharves rallied $1.20 to $31.20 after exchanging 3,098 stock units. Margaritaville dropped 74 cents to end at $14.06 after 115 units passed through the market, Mayberry Group increased 94 cents in closing at $7.97 with an exchange of 885 stocks, NCB Financial climbed $1.08 to close at $68.48 after 46,912 shares changed hands. Proven Investments gained $1.70 and ended at $23.61, with 3,107 stocks crossing the exchange, Sagicor Group fell 51 cents to a 52 weeks’ low of $39.50 with investors transferring 67,860 units, Scotia Group skidded $1.50 in closing at $45.50 after an exchange of 6,424 stock units. Seprod sank 58 cents to close at $83.42 with investors swapping 10,465 shares, Stanley Motta dipped 65 cents and ended at $6.85 after a transfer of 17,129 stock units and Sygnus Credit Investments lost 87 cents to end at $11.25 with investors dealing in 61,130 stocks.
In the preference segment, Jamaica Public Service 7% popped $3 in closing at $48, with 128 units changing hands, 138 Student Living preference share climbed $1 to $219 with investors trading 165 shares and Productive Business Solutions 9.75% preference share shed $24.90 to end at $95.09 in an exchange of 14 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 11 percent and the value 113 percent more than on Monday, with trading in 59 securities the same as on Monday, with prices of 17 stocks rising, 28 declining and 14 ending unchanged and resulted in a decline in the market’s main indices.
The market closed with 22,829,779 shares being traded for $92,714,302 compared to 20,603,885 units at $43,453,436 on Monday.
Trading averaged 386,945 shares at $1,571,429 compared to 349,218 units at $736,499 on Monday and month to date, an average of 1,154,524 units at $2,615,843 compared with 1,219,128 units at $2,703,746 on the previous day and February with an average of 385,143 units at $3,418,046.
Wigton Windfarm led trading with 11.46 million shares for 50.2 percent of total volume followed by Sygnus Credit Investments with 2.46 million units for 10.8 percent of the day’s trade, Transjamaican Highway was next with 2.27 million units for 9.9 percent market share, Ciboney Group closed with 1.19 million units for 5.2 percent stock trading, while Sagicor Select Financial Fund ended with 1.19 million stocks for 5.2 percent market share and Sagicor Select Manufacturing & Distribution Fund 1.0 million units for 4.4 percent of total volume.
The All Jamaican Composite Index fell 3,346.63 points to settle at 366,115.79, the JSE Main Index fell 3,054.43 points to lock up trading at 327,201.14 and the JSE Financial Index dipped 0.68 points to end the day at 69.86.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, AS Bryden rose $2.99 to close at $39.99 after an exchange of 138 shares, Berger Paints lost 30 cents to close at $5.60 after trading 50 units, Caribbean Cement advanced 60 cents to end at $56.60 with 8,499 shares clearing the market. Carreras dipped 30 cents in closing at $8.75 with traders dealing in 66,625 stock units, GraceKennedy popped $1.44 and ended at $75.24 after closing with an exchange of 26,476 shares, Jamaica Producers sank 50 cents to $22 after exchanging 111,603 units. Jamaica Stock Exchange dropped 86 cents to end at $9.14 in switching ownership of 3,250 stocks, JMMB Group shed 70 cents in closing at $26.50, with 126,304 stock units crossing the market, Key Insurance declined 30 cents to $2.20 in an exchange of 46,645 shares. Kingston Wharves fell $2.50 to close at $30 after 28,891 stock units passed through the market, Margaritaville increased 79 cents to $14.80 after a transfer of 1,232 stocks, Massy Holdings skidded $2 and ended at $90 with investors swapping 78,010 units. Proven Investments fell $1.66 to end at $21.91 with a transfer of 1,481 stocks, Sagicor Group dropped 99 cents in closing at $40.01, with 70,191 units passing the exchange, Scotia Group climbed $1 to close at $47 with investors transferring 196,850 shares. Sygnus Credit Investments gained $1.14 to end at $12.12, with 2,461,859 stock units crossing the market and Wisynco Group shed 39 cents to close at $20.11 as investors exchanged 126,166 shares.
In the preference segment, Jamaica Public Service 7% lost $3 and ended at $45 in trading 143 stock units. JMMB Group 7% preference share rallied 30 cents to end at $2.85, with 504 stocks changing hands, 138 Student Living preference share jumped $32.70 in closing at $218 in an exchange of 3 units, Productive Business Solutions 9.75% preference share climbed $4.99 to $119.99 with investors dealing in 22 stocks and Sygnus Credit Investments C10.5% popped $5 to end at $107 while exchanging 1,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.