Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, with the market closing at the lowest point since September 2018, even as the volume of stocks traded rose by 83 percent with a marginally higher value than on Friday, with investors dealing in 55 securities similar to that on Friday, with prices of 13 rising, 28 declining and 14 ending unchanged.
A total of 12,642,427 shares were exchanged for $81,389,720 versus 6,908,564 units at $81,081,310 on Friday.
Trading averaged 229,862 shares at $1,479,813 compared with 125,610 shares at $1,474,206 on Friday and month to date, an average of 231,797 units at $3,030,966, versus 231,941 units at $3,146,566 on the previous day. Trading in February ended with an average of 183,599 units at $2,160,070.
Wigton Windfarm led trading with 3.62 million shares for 28.6 percent of total volume, followed by Sagicor Select Financial Fund with 2.68 million units for 21.2 percent of the day’s trade, Jamaica Stock Exchange, 1.16 million units for 9.2 percent of the market, Sagicor Select Manufacturing & Distribution Fund with 1.16 million units for 9.1 percent of stocks traded and JMMB Group 7.35% – due 2028 with 1.06 million units for 8.4 percent market share.
The All Jamaican Composite Index dropped 3,422.66 points to 364,710.11, the JSE Main Index declined 2,021.79 points to 323,439.81 and the JSE Financial Index shed 0.66 points to end at 75.65.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments lost $1 to close at $79 after 109,758 shares were traded, Eppley fell $4 to $32, with 1,000 stocks changing hands, Eppley Caribbean Property Fund rallied $4.59 in ending at $44.99, with 4,558 stock units crossing the market. GraceKennedy shed $2 in closing at $78 in switching ownership of 119,969 units, Guardian Holdings popped $10 to end at $490 with the swapping of 1,823 shares, Jamaica Stock Exchange declined $1 to close at $13 after 1,160,007 units crossed the exchange. JMMB Group dipped 48 cents to $29.52 with investors transferring 42,247 stocks, Kingston Wharves rallied $3.68 to $34.48 after 15,306 stock units passed through the market, Margaritaville climbed $1.24 in closing at $17.64 as investors exchanged 300 shares. 
Mayberry Investments dropped $1 to $7.80 after an exchange of 430,294 stocks, NCB Financial dipped $2.31 to a 52 weeks’ low of $69.69 in an exchange of 49,530 units, PanJam Investment rose $2.50 to close at $56.50 in trading 57,273 stock units. Proven Investments advanced 51 cents to $26.51, with 2,510 stock units clearing the market, Scotia Group declined $1 to $34 in an exchange of 62,062 stocks, Seprod shed $1.39 in ending at $62.01, with 11,256 shares crossing the market. Sterling Investments lost 41 cents to end at $2.55 with a transfer of 65,854 units, Supreme Ventures dipped 88 cents in closing at $25 while exchanging 156,110 stocks and Wisynco Group fell 40 cents to close at $17 with an exchange of 28,984 stock units.
In the preference segment, Jamaica Public Service 7% lost $21.51, ending at $200 after a transfer of just three units and 138 Student Living s preference share dropped $7.43 to $70, trading three shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More decline for JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with an 89 percent drop in the volume of stocks changing hands with an 81 percent lower value than on Thursday, resulting from trading in six securities, down from 10 on Thursday and ending with the price of just one rising, two declining and three ending unchanged.
Overall, 47,009 shares were traded, for US$5,749 compared with 430,568 units at US$30,840 on Thursday.
Trading averaged 7,835 units at US$958 compared to 43,057 shares at US$3,084 on Thursday, with a month to date average of 11,767 shares at US$3,044 compared to 12,020 units at US$3,178 on the previous day. February ended with an average of 43,793 units for US$2,015.
The JSE USD Equities Index lost 4.84 points to end at 190.40.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than the last selling prices and none with a lower offer.
At the close, Margaritaville had an exchange of 337 shares at 10.99 US cents, Proven Investments declined 2.5 cents in closing at a 52 weeks’ low of 16 US cents while exchanging 18,211 units, 
Sygnus Credit Investments ended at 10 US cents, with 25,179 stocks changing hands. Sygnus Real Estate Finance USD share ended at 7.18 US cents with investors transferring 20 stock units and Transjamaican Highway lost 0.01 of a cent to close at 0.94 of one US cent while 3,249 shares passed through the market.
In the preference segment, Productive Business Solutions 9.25% preference share rallied 40 cents in ending at US$12.90 after 13 stocks crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased action on JSE Main Market
Trading activity resulted in a rise in the level of market activity leading to a fall in the market on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 81 percent and the value 91 percent more than on Thursday, 
after trading in 55 securities up from 50 on Thursday and ended with prices of 14 rising, 21 declining and 20 unchanged.
Investors traded 6,908,564 shares for $81,081,310 versus just 3,815,209 units at $42,492,694 on Thursday.
Trading averaged 125,610 shares at $1,474,206, up from 76,304 stocks at $849,854 on Thursday and month to date, an average of 231,941 units at $3,146,622, compared with 240,504 units at $3,281,297 on the previous day. In contrast February averaged 183,599 units at $2,160,070.
Wigton Windfarm led trading with 2.75 million shares for 39.8 percent of total volume followed by Sagicor Select Financial Fund with 1.04 million units for 15.1 percent of the day’s trade and Transjamaican Highway, 651,680 units for 9.4 percent market share.
The All Jamaican Composite Index dipped 2,977.64 points to close at 368,132.77, the JSE Main Index declined 2,484.15 points to close at 325,461.60 and the JSE Financial Index shed 0.61 points to end at 76.31.
PE Ratio, a formula to ascertain appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Eppley climbed $1 to close at $36 trading 7 shares, GraceKennedy dipped $2 in ending at $80 after 138,649 units crossed the market, Guardian Holdings declined $4 to $480 with the swapping of 3,082 stocks. 
Jamaica Broilers rose 49 cents to end at $33.50 in switching ownership of 446,715 stock units, Jamaica Producers shed $2.24 to close at $20.25 in an exchange of 64,697 stocks, JMMB Group dropped $1 to close at $30 in trading 187,664 shares. Mayberry Jamaican Equities popped 97 cents to $12.97 as 22,000 stock units passed through the market, NCB Financial gained 50 cents to end at $72 after an exchange of 215,558 units, 138 Student Living increased 49 cents in closing at $5.50 with a transfer of 888 stocks. PanJam Investment fell $2.79 to $54 in an exchange of 2,774 stock units, Sagicor Group lost $2.90 to close at $47, with 261,239 units crossing the market, Seprod fell $4.57 to $63.40, with 7,759 shares changing hands and Wisynco Group rallied 40 cents to end at $17.40 after exchanging 30,667 stocks.
In the preference segment, Jamaica Public Service 7% surged $46.28 in closing 26 percent higher to record high of $221.51 with investors exchanging 7,599 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs prices dip on junior Market
The Junior Market of the Jamaica Stock Exchange closed on Friday, with a 74 percent rise in the volume of stocks traded with 59 percent more value than on Thursday following trading of 40 
securities trading down from 46 on Thursday and ended with 14 rising, 15 declining and 11 closing unchanged leading to a moderate movement in the market index.
A total of 9,097,236 shares were traded for $27,766,092 up from 5,242,797 units at $17,417,126 on Thursday.
Trading averaged 227,431 shares at $694,152, compared with 113,974 units at $378,633 on Thursday. Trading month to date closed with an average of 649,014 units at $1,213,416 compared with 680,242 stocks at $1,251,880 on the previous day. February closed with an average of 318,024 units at $782,332.
MFS Capital Partners led trading with 5.06 million shares for 55.6 percent of total volume followed by Fosrich with 671,812 units for 7.4 per cent of the day’s trade and JFP Ltd 650,615 units for 7.2 percent market share.
At the close, the Junior Market Index lost 15.12 points to 3,736.05.
The PE Ratio, a measure used to compute appropriate stock values, averages 11. The PE ratios of Junior Market stocks are computed based on the last traded stock price divided by ICInsider.com’s projected earnings for the financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Access Financial climbed 20 cents to $22.20 in trading 5,398 shares, AMG Packaging dropped 9 cents to close at $2.90, with 2,357 stocks clearing the market, Caribbean Assurance Brokers rallied 13 cents to $2.03 with investors transferring 500 units. 
Caribbean Flavours rose 9 cents in closing at $1.39 with a transfer of 340 stock units, Elite Diagnostic dipped 10 cents to end at $2.70 in switching ownership of 100,582 shares, Express Catering lost 28 cents to $5.20 after exchanging 10,159 stock units. Future Energy Source fell 28 cents to close at $4.12 after a transfer of 89,600 units, Jamaican Teas increased 25 cents in closing at $2.45 as investors exchanged 800 stocks, Lasco Distributors advanced 9 cents in ending at $2.74, with 3,874 units changing hands. Lasco Financial gained 9 cents to end at $2.72 with the swapping of 13,610 shares, Main Event shed 75 cents to close at $12.25 after trading 35,032 stock units, Medical Disposables popped 14 cents after ending at $5.14, with an exchange of 47,630 stocks. 
Paramount Trading declined 20 cents to $2.20 while exchanging 8,145 stock units, Stationery and Office Supplies shed 10 cents in closing at $15 with an exchange of 8,908 shares and Tropical Battery fell 13 cents to end at $2.02 and closed with 466,649 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading in Trinidad drops
Trading ended on the Trinidad and Tobago Stock Exchange on Friday, with a 29 percent fall in the volume of stocks traded declining, valued 44 percent less than Thursday and resulting in 21 securities trading compared with 18 on Thursday, with seven stocks rising, six declining and eight remaining unchanged.
Investors exchanged 250,020 shares for $2,461,630 versus 351,460 stocks at $4,432,169 on Thursday.
An average of 11,906 shares were traded at $117,220 down from 19,526 stock units at $246,232 on Thursday. Trading month to date averaged 26,629 shares at $249,433 compared with 27,991 units at $261,665 on the previous day. The average trade for February amounts to 51,996 shares at $458,520.
The Composite Index shed 3.98 points to 1,329.69, the All T&T Index fell 4.69 points to 1,978.05, the SME Index remained at 61.52 and the Cross-Listed Index declined 0.45 points to 89.00.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings shed 1 cent to end at $24.79 and closed with an exchange of 82 shares, Ansa McAl gained 19 cents to close at $51, with 38 units changing hands, Ansa Merchant Bank ended at $46 with the swapping of 15 stock units. Calypso Macro Investment Fund rallied $1.50 to end at a 52 weeks’ high of $23 after an exchange of 100 stocks, First Citizens Group increased 5 cents to $50.05 with investors transferring 2,272 units, FirstCaribbean International Bank remained at $7.15 in trading 520 shares. Guardian Holdings lost 14 cents in closing at $25.06, with 55 units clearing the market, Guardian Media advanced 5 cents to end at $2.20 in an exchange of 965 stock units, L.J. Williams B share declined 2 cents to $2.73 while exchanging 720 stocks. Massy Holdings remained at $4.50 in an exchange of 40,100 stock units, National Enterprises ended at $3.73 as investors exchanged 151,024 units, National Flour Mills remained at $1.50 as 1,712 shares passed through the market. 
NCB Financial dipped 6 cents after ending at $4 in switching ownership of 18,836 stock units, One Caribbean Media climbed 18 cents to close at $3.70, with 4,000 units crossing the market, Prestige Holdings ended at $7.50 trading 403 shares. Republic Financial remained at $138 after 7,696 stocks passed through the exchange, Scotiabank ended at $78.30 after a transfer of 1,379 stock units, Trinidad & Tobago NGL popped 67 cents to end at $20.68 after exchanging 132 shares. Trinidad Cement dipped 4 cents to $3.51 with an exchange of 100 units, Unilever Caribbean fell 1 cent to close at $14.79, with 9,562 stocks crossing the market and West Indian Tobacco rose 3 cents in closing at $17.03 with a transfer of 10,309 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market rises on depress volume
Trading activity dropped below normal levels on the Jamaica Stock Exchange Main Market on Thursday, following a big rise in trading on Wednesday with the volume of stocks traded declining 89 percent and the value 84 percent lower than on Wednesday, with just 50 securities trading compared to 56 on Wednesday, with 16 rising, 19 declining and 15 ending unchanged.
A total of 3,815,209 shares were exchanged for $42,492,694 versus 34,822,128 units at $269,703,535 on Wednesday.
Trading averaged 76,304 shares at $849,854 versus 621,824 shares at $4,816,135 on Wednesday. Trading month to date, averaged 240,504 units at $3,281,297 compared to 253,474 units at $3,473,354 on the preceding trading day. Trading in February averaged 183,599 units at $2,160,070.
Wigton Windfarm led trading with 1.68 million shares for 44.1 percent of total volume followed by Palace Amusement with 235,004 units for 6.2 percent of the day’s trade and Supreme Ventures with 168,670 units for 4.4 percent market share.
The All Jamaican Composite Index rose 496.57 points to 371,110.41, the JSE Main Index gained 303.85 points to close at 327,945.75 and the JSE Financial Index increased 0.17 points to close at 76.92.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings 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 ended with bids higher than their last selling prices and eight with lower offers.
At the close, GraceKennedy dipped 50 cents to $82 and closed with 76,020 shares changing hands, Guardian Holdings fell $25.50 to close at $484 after exchanging 303 stock units, Jamaica Broilers declined $3.64 in closing at $33.01, with 91,622 stocks crossing the market. Kingston Wharves shed $1.50 after ending at $30.50 while exchanging 16,694 units, NCB Financial rose 45 cents to end at $71.50 trading 13,327 stock units, 138 Student Living dropped 49 cents to $5.01 with an exchange of 2,274 stocks. 
PanJam Investment rallied $1.79 to end at $56.79 after investors exchanged 41,158 units, Portland JSX advanced $1 in closing at $11.50 after a transfer of 5 shares, Proven Investments lost 59 cents to close at $26 in trading 30,700 shares. Sagicor Group increased $1.15 to $49.90 with 1,931 units changing hands, Seprod climbed $2.97 to close at $67.97 as investors exchanged 3,420 stock units, Supreme Ventures gained 89 cents to end at $25.88 in switching ownership of 168,670 stocks and Wisynco Group declined 45 cents ending at $17 with a transfer of 25,835 stock units.
In the preference segment, Jamaica Public Service 7% popped $34.50 in closing at yet another record high of $175.23 with just 46 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged for the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands jumping 1,167 percent, valued 283 percent more than on Wednesday, resulting from trading in 10 securities, up from seven on Wednesday with prices of three rising, four declining and three ending unchanged.
Investors traded 430,568 shares for US$30,840 compared to 33,994 units at US$8,059 on Wednesday.
Trading averaged 43,057 shares at US$3,084 versus 4,856 shares at US$1,151 on Wednesday, with a month to date average of 12,020 units at US$3,178 compared with 8,281 units at US$3,190 on the previous day. February averaged 43,793 units for US$2,015.
The JSE USD Equities Index dropped 25.30 points to end at 195.24.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.1. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share fell 0.87 cents to end at 6.08 US cents crossing the market 18,684 shares, Margaritaville dipped 0.01 of a cent in closing at 10.99 US cents in switching ownership of 28,631 units after the price hit an intraday 52 weeks’ low of 95 cents. MPC Caribbean Clean Energy dropped 1.4 cents to 66.6 US cents, with 126 stocks changing hands. 
Productive Business Solutions ended at US$1.75 in trading 227 stock units, Proven Investments declined 0.02 of a cent to 18.5 US cents as 18,719 stocks passed through the market, Sygnus Credit Investments remained at 10 US cents with investors transferring 24,164 stock units. Sygnus Real Estate Finance USD share ended at 7.18 US cents with a transfer of 139 shares and Transjamaican Highway gained 0.05 of a cent to end at 0.95 US cents after an exchange of 338,464 units.
In the preference segment, Productive Business Solutions 9.25% preference share popped 10 cents to US$12.50 after an exchange of 1,396 units and JMMB Group 5.75% rose 0.35 of a cent in closing at US$1.74 after trading 18 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market trading falls back
Trading pulled back to more normal levels from Wednesday’s heady levels at the close of the Junior Market of the Jamaica Stock Exchange Thursday, with a 98 percent declining the volume of stocks traded with the value 96 percent lower than on Wednesday following trading in 46 securities up from 42 on Wednesday and ended with 18 rising, 19 declining and nine closing unchanged.
A total of 5,242,797 shares were traded for $17,417,126 compared to 272,054,087 units at $419,217,066 on Wednesday.
Trading averaged 113,974 shares at $378,633, compared with 6,477,478 units at $9,981,359 on Wednesday with the month to date, averaging 680,242 stock units at $1,251,880 in contrast to 732,972 units at $1,333,194 on the previous day. February closed with an average of 318,024 units at $782,332.
MFS Capital Partners led trading with 734,917 shares for 14 percent of total volume followed by Tropical Battery with 453,589 units for 8.7 percent of the day’s trade after the price hit a 52 weeks’ intraday low of $1.90 and Future Energy Source with 399,936 units for 7.6 percent market share.
At the close, the Junior Market Index rallied 9.49 points to close at 3,751.17.
The PE Ratio, a measure of computing appropriate stock values, averages 11. The average is down to this relatively low due to new company results that led to increased earnings for the Thursday report and following 
ICInsider.com upgrading earnings for Main Event to $1.80 from $1.45 and Dolla Financial being switched from 2022 earnings of 15 cents for last year to 40 cents for this year, following the release of 2022 full year results, with earnings of 18 cents per share. The PE ratios of Junior Market stocks are computed based on the last traded stock price and ICInsider.com’s projected earnings for the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial dipped 12 cents to close at $22, with 11,249 shares changing hands, Consolidated Bakeries climbed 24 cents in closing at $2.24 after investors swapped 5,051 stock units, Dolla Financial gained 15 cents to end at $2.85 as investors crossing the market exchanged 243,218 stocks Dolphin Cove rose $1.09 in ending at $15.25 with 57,649 units changing hands, Elite Diagnostic rallied 9 cents to $2.80 in an exchange of 445 stocks, Express Catering advanced 38 cents to end at $5.48 with investors transferring 5,600 units.
Fontana popped 15 cents to close at $8.40 after a transfer of 68,140 stock units, Future Energy Source rose 23 cents to $4.40 with an exchange of 399,936 shares, after the price hit a 52 weeks’ intraday low of $4.05, GWest Corporation climbed 12 cents in closing at $1.08 with a transfer of 1,564 stock units. Honey Bun lost 29 cents to $6.75, with 51,922 shares clearing the market, iCreate rallied 18 cents to end at $1.68 after trading 87,063 units, Indies Pharma rose 10 cents to close at $2.90, with 21,002 stocks crossing the market. Jamaican Teas shed 27 cents in closing at $2.20 with 151,736 units passing through the market, Jetcon Corporation fell 10 cents to 95 cents with 3,984 stocks crossing the exchange, Knutsford Express declined 13 cents to $9.02 after exchanging 7,287 stock units. Mailpac Group dipped 10 cents to close at $1.70 in switching ownership of 113,259 shares, Main Event popped $1.20 after ending at a record closing high of $13 while exchanging 264,941 stocks, following the release of solid first quarter results of 39 cents per share before trading opened, 
MFS Capital Partners dropped 18 cents in closing at $3.33 in an exchange of 734,917 shares and Stationery and Office Supplies increased 89 cents to end at $15.10 in trading 9,521 units.
In the preference segment, CAC 2000 9.5% preference share gained 14 cents to $1.05 with the swapping of 26,055 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Less money changed hands on Trinidad Exchange
Investors exchanged more shares on the Trinidad and Tobago Stock Exchange on Thursday, with a 67 percent rise in the volume of stocks traded but at a 38 percent lower value than Wednesday resulting in trading in 18 securities compared with 17 on Wednesday, with prices of five rising, five declining and eight remaining unchanged.
Investors traded 351,460 shares for $4,432,169 compared with 210,273 units at $7,118,445 on Wednesday.
An average of 19,526 shares were traded at $246,232 compared with 12,369 shares at $418,732 on Wednesday. Trading month to date averaged 27,991 shares at $261,665 versus 28,720 units at $262,991 on the previous day. The average trade for February was 51,996 shares at $458,520.
The Composite Index dipped 1.25 points to 1,333.67, the All T&T Index fell 1.71 points to 1,982.74, the SME Index remained at 61.52 and the Cross-Listed Index fell 0.11 points to 89.45.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Agostini’s popped $1.49 in closing at $59.99, as 8 shares passed through the market, Angostura Holdings gained 30 cents to end at $24.80 in an exchange of 25 stocks, Calypso Macro Investment Fund remained at $21.50, with 109 units crossing the market. First Citizens Group declined 11 cents to $50 in switching ownership of 20,955 stock units, FirstCaribbean International Bank ended at $7.15 in an exchange of 3,000 stock units, Guardian Holdings advanced 14 cents to close at $25.20 in trading 1,441 units. JMMB Group ended at $1.71 after exchanging 265 stocks, Massy Holdings rose 1 cent to $4.50 with the swapping of 172,966 shares, National Enterprises remained at $3.73 and closed with 33,000 stock units changing hands. 
National Flour Mills ended at $1.50 after an exchange of 200 units, NCB Financial fell 3 cents to end at $4.06 after 12,655 stocks changed hands, Prestige Holdings remained at $7.50 in trading 4,394 shares. Republic Financial ended at $138, with 1,671 stocks crossing the market, Scotiabank shed 9 cents after ending at $78.30 while exchanging 3,694 stock units, Trinidad & Tobago NGL dipped 69 cents to $20.01 with investors transferring 59,853 units. Trinidad Cement increased 4 cents to $3.55 after 4,174 shares crossed the exchange, Unilever Caribbean remained at $14.80 with an exchange of 1,032 units and West Indian Tobacco lost $1.25 to close at a 52 weeks’ low of $17 with a transfer of 32,018 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Huge trading surge for Junior Market
Trading closed sharply higher on the Junior Market of the Jamaica Stock Exchange Wednesday, with a 4,359 percent surge in the volume of stocks traded and the value jumping 2,415 percent more than on Tuesday after trading in 42 securities compared with 45 on Tuesday and ended with 10 rising, 21 declining and 11 closing unchanged.
Investors exchanged 272,054,087 shares for $419,217,066 compared to 6,101,272 units at $16,671,644 on Tuesday.
Trading averaged 6,477,478 shares at $9,981,359 compared to 135,584 units at $370,481 on Tuesday with the month to date, averaging 732,972 units at $1,333,194 up from 199,190 stock units at $529,604 on Tuesday the previous day. February averaged 318,024 units at $782,332.
JFP Ltd led trading with 261.41 million shares for 96.1 percent of total volume followed by tTech with 5 million units for 1.8 percent of the day’s trade and Caribbean Assurance Brokers with 948,138 units for 0.3 percent market share.
At the close, the Junior Market Index dropped 55.99 points to close at 3,741.68,, the lowest point since the ending of January 2022.
The PE Ratio, a measure of computing appropriate stock values, averages 11.3. The PE ratios of Junior Market stocks are computed using the last traded stock price in conjunction with ICInsider.com projected earnings for the financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Access Financial lost 13 cents in closing at $22.12 in an exchange of 1,885 shares, AMG Packaging popped 36 cents in ending at $2.94, with 1,127 units crossing the market, Cargo Handlers dipped 89 cents to $14.11 and closed with 8 stock units changing hands. Caribbean Assurance Brokers fell 15 cents to close at $1.90 after an exchange of 948,138 stocks, Caribbean Cream declined 20 cents to $3.50 after an exchange of 200,000 stocks, Consolidated Bakeries dropped 9 cents to $2 with the swapping of 26,653 stock units. Dolla Financial shed 20 cents to close at $2.70 with a transfer of 369,259 units, Dolphin Cove shed 36 cents in closing at $14.16 in an exchange of 39,713 shares, Express Catering fell 30 cents to end at $5.10 after a transfer of 9,461 units. 
Fontana lost 15 cents at $8.25 in switching ownership of 37,317 stocks, Future Energy Source dipped 14 cents to $4.17 as 79,996 shares passed through the market, GWest Corporation declined 13 cents in closing at 96 cents with an exchange of 263 stock units. ISP Finance dropped $5.66 to close at $20 as investors exchanged 784 units, Knutsford Express advanced 13 cents to $9.15, with 21,743 stock units clearing the market, Main Event 20 cents to end at $11.80 after trading 36,428 shares. MFS Capital Partners lost 12 cents to end at $3.51 in trading 255,734 stocks, Paramount Trading climbed 16 cents in ending at $2.34 with an exchange of 142 shares, 
Stationery and Office Supplies fell 29 cents to $14.21 while exchanging 30,289 stocks and tTech gained 23 cents to close at $2.53 with investors transferring 5,000,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
