Stock prices mostly rose at the close of trading on the Jamaica Stock Exchange US dollar market on Friday, with a 96 percent decline in the volume of stocks changing hands at a 95 percent lower value than Thursday, resulting in the trading of nine securities, compared to seven on Thursday with five rising, two declining and two ending unchanged.
Overall, 64,058 shares were traded for US$1,876, down sharply from 1,504,788 units at US$39,276 on Thursday.
Trading averaged 7,118 shares at US$208, down from 214,970 shares at US$5,611 on Thursday, with a month to date average of 47,938 shares at US$2,287 compared with 52,365 units at US$2,512 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 1.05 points to end at 252.75.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.1. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years 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 four with lower offers.
At the close, First Rock Real Estate USD share gained 1 cent to end at 7 US cents after an exchange of 1,000 shares, Proven Investments shed 0.87 of one cent to 19 US cents trading 150 stocks, 
Sygnus Credit Investments USD share declined 0.5 of a cent to 9.5 US cents, with 11,000 stock units changing hands. Sygnus Real Estate Finance USD share ended at 8.5 US cents in an exchange of 3 units and Transjamaican Highway advanced 0.09 of a cent in ending at 0.96 of one US cent with an exchange of 51,874 shares.
In the preference segment, Productive Business 9.25% preference share rose 1 cent ending at US$11.01 with 20 units clearing the market. Equityline Mortgage Investment preference share ended at US$1.64 after exchanging three stocks, JMMB Group 5.75% climbed 1 cent to close at US$2.01 in exchanging one stock unit and JMMB Group 6% rallied 6.97 cents to US$1.0697 after a transfer of 7 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominate JSE USD market Friday
Big drop for JSE Main market
The Jamaica Stock Exchange Main Market ended trading with a significant decline on Friday following a marginal decline in the volume of stocks traded and a 36 percent fall in the value of stocks changing hands compared to Thursday, and ended with trading in 57 securities compared to 58 on Thursday, leading to rising and declining stock accounting for 22 stocks each and 13 ending unchanged.
Trading ended with two stocks in the preference segment hitting new 52 weeks’ highs and three ordinary shares hitting 52 weeks’ lows.
A total of 6,585,063 shares were traded for $45,380,317, down from 6,869,971 units at $71,142,724 on Thursday.
Trading averaged 115,527 shares at $796,146, down from 118,448 units at $1,226,599 on Thursday and for the month to date, an average of 168,975 units at $1,941,407 versus 173,529 units at $2,038,988 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Wigton Windfarm led trading with 2.42 million shares for 36.8 percent of total volume, followed by Transjamaican Highway with 2.06 million units for 31.3 percent of the day’s trade and Pulse Investments with 308,500 units for 4.7 percent market share.
The All Jamaican Composite Index plunged 6,402.06 points to end at 372,524.43, some 6 percent lower than at the start of the year, the JSE Main Index dropped 4,529.20 points to 330,245.04, to be down 5.9 percent for the year to date and the JSE Financial Index dipped 1.40 points to close at 78.21 with a loss of 7.3 percent year to date.
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 eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments declined $2.47, ending at a 52 weeks’ low of $81.01, exchanging 41,677 shares, Berger Paints advanced $2.52 to $10.03 after a transfer of 186 stocks, 
Caribbean Cement fell $1.23 to end at $56.77 with the swapping of 7,685 stock units. Eppley popped 41 cents to $37.90 after trading five units, GraceKennedy shed $2.60 in closing at $76.40 with 41,276 stocks changing hands, Guardian Holdings rallied $7 in closing at $513 in switching ownership of 17,101 shares. Jamaica Broilers rose $1.93 to $33.90 with investors transferring 119,956 stock units, JMMB Group lost $1.50 to $30.80 after 48,007 units passed through the market, Mayberry Investments gained 54 cents in ending at $8.54 after an exchange of 35,199 shares. MPC Caribbean Clean Energy declined $6 to close at a 52 weeks’ low of $64 with the swapping of 2,948 stock units, Palace Amusement dropped $179 in closing at $2,700 in an exchange of 671 units, Proven Investments rose $1.65 to end at $29.20 in trading 1,138 stocks. Sagicor Group dipped $1.50 to $51.50 with 26,466 units changing hands, Salada Foods lost 6 cents to end at a 52 weeks’ low of $3.89 after trading 13,991 shares, Scotia Group shed $1.05 to close at $32.95 as investors exchanged 40,352 stock units, Seprod fell $1.50 in ending at $65.50 after trading 35,293 shares. Stanley Motta gained 90 cents to end at $5.40 with 76,722 stocks clearing the market and Supreme Ventures lost 60 cents in ending at $25.50 after an exchange of 44,939 units.
In the preference segment, Eppley 5% preference share popped 94 cents to close at $22.94 after crossing the exchange with 11 shares. Jamaica Public Service 7% gained 50 cents to settle at a 52 weeks’ high of $8.50 in exchanging 546 stocks, JMMBG7.25C – 2025 climbed 39 cents to close at a 52 weeks’ high of $4.33 after an exchange of 694 shares, JMMB Group 7.15% – 2028 popped 49 cents in closing at $3 in switching ownership of one stock unit and 138 Student Living preference share rallied $5.99 to $77.99 with the swapping of 38 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market breaks 5 days losing streak
Rising stocks outnumbered those declining on a 2 to 1 ratio at the close of trading on Friday on the Junior Market of the Jamaica Stock Exchange after an 18 percent rise in the volume of stocks traded but with a 10 percent lower value than on Thursday following trading in all 49 listed securities, up from 44 on Thursday and ended with 22 rising, 11 declining and 16 closing unchanged.
A total of 10,473,528 shares were traded for $25,758,434 up from 8,850,328 units at $28,524,287 on Thursday.
Trading averaged 213,745 shares at $525,682 compared to 201,144 units at $648,279 on Thursday with the month to date averaging 326,336 units at $752,089 versus 336,926 stock units at $773,383 on the previous day. January closed with an average of 239,755 units at $646,375.
Image Plus Consultants led trading with 3.33 million shares for 31.8 percent of total volume followed by Lumber Depot with 1.14 million units for 10.9 percent of the day’s trade and Fosrich with 725,221 units for 6.9 percent market share.
At the close, the Junior Market Index climbed 14.15 points to settle at 3,840.26.
The PE Ratio is a measure used in computing appropriate stock values and averages 12 at the end of trading. The PE ratios of Junior Market are computed using the last traded stock price in conjunction with ICInsider.com’s projected earnings for financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ending with a bid higher than its last selling price and one with a lower offer.
At the close, Access Financial dipped 23 cents to end at $22.99 with the swapping of 10 shares, Blue Power fell 35 cents in closing at a 52 weeks’ low of $2.05 after switching ownership of 16,700 stock units, CAC 2000 rose 45 cents to $8.35 after 13,353 units passed through the market. Cargo Handlers declined $2 to close at $12.99 after an exchange of 3,330 stocks, Dolphin Cove advanced 56 cents to $14.96 trading 6,472 units, Express Catering rallied 29 cents to end at $5.08 with 9,633 stocks changing hands. Fontana gained 30 cents in closing at $8.95 with a transfer of 134,996 shares, 
Future Energy Source shed 12 cents to $4.60 after investors traded 265,974 stock units, General Accident rose 55 cents in ending at $4.70 in exchanging 64,731 shares, following the release of full year results showing a doubling of profit over the prior year, with earnings per share of 52 cents. GWest Corporation popped 16 cents to close at $1.06 with 221 units changing hands, Indies Pharma gained 23 cents ending at $2.79 in switching ownership of 1,541 stock units, Iron Rock Insurance rose 15 cents to $2.03 in an exchange of 4,400 stocks. Jamaican Teas popped 10 cents in closing at $2.55, with investors transferring 520,653 stock units, Lasco Distributors gained 15 cents to finish at $2.75 after trading 1,576 stocks, Lumber Depot rallied 13 cents to $2.28 as investors exchanged 1,137,806 units. Main Event advanced $1.35 to $10.40 after 64,164 shares crossed the market, 
Paramount Trading lost 10 cents in closing at $2.20 in transferring 51,512 stock units, Stationery and Office Supplies gained 29 cents to close at $14.85 with an exchange of 1,948 shares and tTech popped 9 cents ending at $2.50 in trading 10,001 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks dominated Trinidad Exchange
Rising stocks dominated market activity on the Trinidad and Tobago Stock Exchange on Friday, following trading in 20 securities compared with 18 on Thursday, resulting in prices of 10 rising, three declining and seven remaining unchanged with the volume of stocks traded surging 698 percent but with a 14 percent lower value than on Thursday.
Investors traded 1,959,830 shares for $10,047,105 versus 245,470 stock units at $11,710,946 on Thursday. An average of 97,992 units were traded at $502,355 compared with 13,637 shares at $650,608 on Thursday, with trading month to date averaging 61,133 shares at $544,813 compared to 57,913 units at $548,521 on the previous day. The average trade for January was 28,440 at $235,404.
The Composite Index gained 0.23 points to close at 1,324.63, the All T&T Index fell 1.12 points to 1,979.14, the SME Index was unchanged at 61.52 and the Cross-Listed Index rallied 0.23 points to 87.38.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s rallied 1 cent to a 52 weeks’ high of $58.01, with 355 shares crossing the market, Angostura Holdings remained at $23.52 after an exchange of 16,921 stock units, Ansa McAl declined 98 cents to $49.02 with investors transferring 360 stocks. Ansa Merchant Bank climbed $1.50 to end at $45 after exchanging 160 units, Calypso Macro Investment Fund lost $1 to close at $20.50 as investors exchanged 80 stocks, First Citizens Group ended at $50.10 trading 600 stock units. GraceKennedy shed 10 cents in closing at $4.45, with 7,637 shares crossing the exchange, Guardian Holdings advanced 1 cent to $25.06 with 16,543 units changing hands, JMMB Group rose 15 cents to $1.90 with the swapping of 50 stock units. L.J. Williams B share gained 5 cents to close at $2.75 with an exchange of 7,265 shares, Massy Holdings rose 20 cents to close at $4.70 with a transfer of 1,762,850 stocks, National Enterprises popped 20 cents in closing at $3.90 in an exchange of 70,100 units. 
National Flour Mills popped 3 cents to $1.53 and closed with an exchange of 645 stock units, Prestige Holdings rose 15 cents to $7 in switching ownership of 48,983 shares, Republic Financial ended at $137 in trading 1,090 units Scotiabank ended at $78 after a transfer of 1,049 stocks, Trinidad & Tobago NGL advanced 5 cents in ending at $21 as 3,216 stocks passed through the market, Trinidad Cement remained at $3.50 after 5,200 stock units were traded. Unilever Caribbean ended at $13.90 after exchanging 16,036 units and West Indian Tobacco remained at $19.55, with 690 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands surging 1,353 percent, valued 81 percent more than on Wednesday, resulting in trading in seven securities, compared to six on Wednesday with one rising, four declining and two ending unchanged.
A total of 1,504,788 shares were traded for US$39,276 up from 103,587 units at US$21,729 on Wednesday.
Trading averaged 214,970 units at US$5,611, versus 17,265 shares at US$3,622 on Wednesday, with a month to date average of 52,365 shares at US$2,512 up from 37,388 units at US$2,226 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index gained 3.67 points to end at 253.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years 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 four with lower offers.
At the close, First Rock Real Estate USD share fell 1 cent to 6 US cents in switching ownership of 475,000 shares, 
Proven Investments popped 0.87 of one cent to 19.87 US cents with investors transferring 1,139 stock units, Sterling Investments shed 0.24 of a cent to end at 1.75 US cents with 2,673 units crossing the exchange. Sygnus Credit Investments USD share remained at 10 US cents with 692 stocks changing hands, Sygnus Real Estate Finance USD share ended at 8.5 US cents in exchanging 1,166 stock units and Transjamaican Highway declined 0.1 of a cent to end at 0.87 of one US cents after exchanging 1,024,114 units.
In the preference segment, Productive Business 9.25% preference share lost 11 cents in closing at US$11 after a transfer of 4 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market rises on moderate trading
Trading dipped on the Jamaica Stock Exchange Main Market on Thursday, but the major market indices rose at the close even as declining stocks outnumbered those rising by a decent margin following a 49 percent decline in the volume of stocks traded, with a 22 percent lower value than on Wednesday, after 58 securities were exchanged compared to 59 on Wednesday, with 18 rising, 26 declining and 14 ending unchanged.
A total of 6,869,971 shares were traded for $71,142,724 compared to 13,423,503 units at $91,730,395 on Wednesday.
Trading averaged 118,448 shares at $1,226,599, versus 227,517 shares at $1,554,752 on Wednesday and trading month to date, averaged 173,529 stock units at $2,038,988, compared with 178,757 units at $2,116,105 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Wigton Windfarm led trading with 1.35 million shares for 19.6 percent of total volume followed by Sagicor Select Financial Fund with 1.14 million units for 16.5 percent of the day’s trade and Transjamaican Highway with 967,468 units for 14.1 percent market share.
The All Jamaican Composite Index climbed 2,499.74 points to 378,926.49, the JSE Main Index advanced 1,644.26 points to end at 334,774.24 and the JSE Financial Index gained 0.41 points to end at 79.61.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.6 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 ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments fell 52 cents to close at a 52 weeks’ low of $83.48 after an exchange of 85,628 shares, Caribbean Cement gained 99 cents in closing at $58 as investors traded 33,528 units, Caribbean Producers shed $1 to end at a 52 weeks’ low of $9.50 with 194,040 stocks changing hands. GraceKennedy climbed $2 to $79 after a transfer of 187,063 stock units, Guardian Holdings declined $4 to finish at $506 with the swapping of 40 stock units, Jamaica Broilers rallied $1.97 to close at $31.97 after 9,706 units passed through the market. Jamaica Producers shed $1.79 in ending at $20.06 after trading 6,075 shares, 
JMMB Group advanced $1.60 to $32.30 in switching ownership of 8,541 stocks, Kingston Properties rose 40 cents to $7.40 in exchanging 135,083 units. MPC Caribbean Clean Energy fell $1 to end at $70 with an exchange of 200 shares, NCB Financial advanced $3 to $78 in trading 16,948 stocks, Palace Amusement popped $440 to $2,879 with a transfer of 492 stock units. PanJam Investment fell 60 cents to close at $56.50 with an exchange of 1,120 stocks, Proven Investments lost 45 cents to end at $27.55 as investors swapped 6,091 stock units, Scotia Group rallied $1.22 in closing at $34 with 25,491 shares changing hands. Stanley Motta popped 50 cents to end at $4.50 after 61,156 units crossed the exchange, Supreme Ventures lost 40 cents in closing at $26.10 with investors transferring 14,531 units and Wisynco Group dipped 40 cents to $17.50 trading 353,875 shares.
In the preference segment, Productive Business 10.50% preference share dropped $50 to close at $1,150 with the swapping of 1 stock unit, Eppley 7.25% preference share fell 79 cents to end at $18 after exchanging 3,664 stocks, Jamaica Public Service 7% gained $1 to close at a 52 weeks’ high of $8 after 42 stock units crossed the market. 
JMMB Group 7.15% – 2028 lost 49 cents in closing at $2.51 in switching ownership of 20,011 units, 138 Student Living preference share dropped $6 to settle at $72 after a transfer of 53 stocks and Productive Business Solutions 9.75% preference share dipped $1 to close at $106 with 18 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Five days of decline for Junior
Stocks closed lower for a fifth consecutive day on Thursday on the Junior Market of the Jamaica Stock Exchange after a marginal fall in the market value, with 44 securities trading compared with 46 on Wednesday and ended with 14 rising, 21 declining and 9 closing unchanged following a 40 percent decline in the volume of stocks traded and 35 percent lower value than on Wednesday.
A total of 8,850,328 shares were traded for $28,524,287 compared with 14,651,750 units at $43,936,024 on Wednesday.
Trading averaged 201,144 shares at $648,279 compared to 318,516 units at $955,131 on Wednesday, with the month to date averaging 336,926 units at $773,383, compared with 349,451 stock units at $784,923 on the previous day. Trading in January closed with an average of 239,755 units at $646,375.
Image Plus Consultants led trading with 1.36 million shares for 15.3 percent of total volume followed by Derrimon Trading with 1.35 million units for 15.3 percent of the day’s trade, ONE on ONE Educational with 1.01 million units for 11.4 percent and Iron Rock Insurance with 1.0 million units for 11.3 percent market share.
At the close, the Junior Market Index dipped 12.31 points to close at 3,826.11.
The PE Ratio, a measure of use in computing appropriate stock values, averages 11.9. 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 three stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, AMG Packaging advanced 50 cents in closing at $2.80 after 24,215 shares passed through the market, CAC 2000 rose 70 cents to end at $7.90 in exchanging 7 units, Consolidated Bakeries 
popped 33 cents to settle at $2.53 in trading 500 stocks. Dolphin Cove rallied 20 cents to $14.40 with investors transferring 71,702 stock units, Fosrich lost 9 cents to close at $3.22 with 372,910 stocks changing hands, GWest Corporation fell 19 cents to 90 cents as investors exchanged 172,277 shares. Image Plus Consultants lost 8 cents to end at $1.92 with a transfer of 1,358,099 stock units, Indies Pharma shed 24 cents to finish at $2.56 after 27,301 units passed through the market, Iron Rock Insurance dipped 15 cents in closing at $1.88 in switching ownership of 1,000,138 units. KLE Group shed 34 cents to end at $1.74 with the swapping of 35,525 stocks, Knutsford Express gained 75 cents in ending at $11.10 after trading 550,415 stock units, Lasco Distributors fell 25 cents to $2.60 in switching ownership of 5,538 shares. Lasco Manufacturing dipped 20 cents to $4 after exchanging 79,211 stock units, 
Limners and Bards declined 21 cents to close at $2.68 with a transfer of 554 shares, Lumber Depot shed 15 cents in closing at $2.15 with 14,663 units changing hands and Spur Tree Spices rose 14 cents to end at $2.89 trading 311,246 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading dives on Trinidad Exchange Thursday
Trading resulted in reduced market activity on the Trinidad and Tobago Stock Exchange on Thursday, with a 97 percent fall in the volume of stocks that changed ownership with a 67 percent lower value than Wednesday and resulting in trading in 18 securities against 17 on Wednesday, with prices of four stocks rising, seven declining and seven remaining unchanged.
Investors traded 245,470 shares for $11,710,946 versus 7,131,762 stock units at $34,964,988 on Wednesday.
An average of 13,637 units were traded at $650,608 compared with 419,515 shares at $2,056,764 on Wednesday, with trading month to date averaging 57,913 shares at $548,520 versus 61,690 units at $539,811 on the previous day. The average trade for January amounts to 28,440 at $235,404.
The Composite Index declined 1.93 points to 1,324.40, the All T&T Index dropped 1.62 points to 1,980.26, the SME Index remained unchanged at 61.52 and the Cross-Listed Index dipped 0.31 points to end at 87.15.
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, Ansa McAl remained at $50 after 118 shares passed through the market, Calypso Macro Investment Fund ended at $21.50 as investors exchanged 41 stock units, First Citizens Group dipped 1 cent to $50.10 while exchanging 6,823 stocks. FirstCaribbean International Bank climbed 4 cents to $6.54 with investors transferring 1,158 units, GraceKennedy popped 5 cents to end at $4.55 with 1,000 stock units clearing the market, Guardian Holdings ended at $25.05, with investors exchanging 18,031 stocks.JMMB Group declined 11 cents to end at $1.75 34,983 units crossing the market, L.J. Williams B share remained at $2.70, with 555 shares changing hands, Massy Holdings advanced 2 cents to close at $4.50, with 75,836 shares crossing the market. 
National Enterprises dipped 27 cents in closing at $3.70 with the swapping of 7,769 stock units, National Flour Mills ended at $1.50 in an exchange of 802 units, NCB Financial remained at $4.19 in an exchange of 2,778 stocks. Prestige Holdings slipped 4 cents to $6.85 and closed with trading of 800 shares, Republic Financial remained at $137 in switching ownership of 73,205 units, Scotiabank shed 20 cents in closing at $78 after a transfer of 87 stock units. Trinidad & Tobago NGL rose 9 cents to $20.95 after 3,370 stocks were exchanged, Unilever Caribbean fell 5 cents to close at $13.90 in trading 15,114 stocks and West Indian Tobacco fell 20 cents in closing at $19.55 with an exchange of 3,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading climbs in JSE USD Market
The Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands surging 759 percent with a 177 percent higher value than on Tuesday, resulting in six securities traded, compared to 10 on Tuesday with two rising, two declining and two ending unchanged.
A total of 103,587 shares were exchanged for US$21,729 compared to 12,060 units at US$7,847 on Tuesday.
Trading averaged 17,265 units at US$3,622, compared with 1,206 shares at US$785 on Tuesday, with a month to date average of 37,388 shares at US$2,226 compared with 39,113 units at US$2,107 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.35 points to end at 250.13.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and three with lower offers.
At the close, First Rock Real Estate USD share dropped 0.48 of a cent after ending at 7 US cents as 6,000 shares were traded, 
Proven Investments added 0.01 of a cent to close at 19 US cents after exchanging 93,977 stock units, Sygnus Credit Investments USD share ended at 10 US cents with the swapping of 337 stocks.
In the preference segment, Eppley 6% preference share lost 5 cents in closing at US$1.10 with a transfer of 84 units, JMMB Group 5.75% popped 3 cents to end at US$2, with 139 shares crossing the market and JMMB Group 6% remained at US$1, with 3,050 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE Main Market
The Jamaica Stock Exchange Main Market closed on Wednesday with a 151 percent rise in the volume of stocks traded, valued 207 percent more than on Tuesday, following trading in 59 securities compared to 53 on Tuesday, and leading to prices of 20 rising, 25 declining and 14 ending unchanged.
A total of 13,423,503 shares were exchanged for $91,730,395 versus 5,344,520 units at $29,834,911 on Tuesday.
Trading averaged 227,517 units at $1,554,752 up from 100,840 shares at $562,923 on Tuesday and month to date, an average of 178,757 units at $2,116,105 compared with 173,546 units at $2,176,105 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Stanley Motta led trading with 3.13 million shares for 23.3 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 3.02 million units for 22.5 percent of the day’s trade, Sagicor Select Financial Fund with 1.91 million units for 14.3 percent market share, Wigton Windfarm with 1.48 million units for 11 percent and Jamaica Broilers with 1.17 million units for 8.7 percent market share.
The All Jamaican Composite Index dived 4,989.03 points to 376,426.75, the JSE Main Index fell 3,607.32 points to 333,129.98 and the JSE Financial Index shed 1.42 points to end at 79.20.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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 six stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Berger Paints fell $1.79 in closing at a 52 weeks’ low of $7.51 with 1,606 shares clearing the market, Caribbean Cement dipped 49 cents to t $57.01 with investors transferring 32,236 stock units, Jamaica Broilers declined $3 to $30 after trading 1,166,690 stocks but only after trading at an intraday high of $34. 
Jamaica Producers rose $1.85 to end at $21.85 after exchanging 24,713 units, Jamaica Stock Exchange shed 90 cents in ending at $14 with a transfer of 40,399 stocks, JMMB Group fell $1.80 to close at a 52 weeks’ low of $30.70 in switching ownership of 70,187 units. Mayberry Investments lost 49 cents to end at $7.81 with 15,904 stock units changing hands, NCB Financial declined $3.30 to finish at $75 as investors exchanged 17,727 shares, Palace Amusement advanced $39 in closing at $2,439 with the swapping of 235 stock units. Scotia Group fell $1.72 to $32.78 exchanging 25,898 shares, Seprod gained $1.50 to settle at $67 in trading 4,464 stocks, Sygnus Real Estate Finance rallied 95 cents to close at $10 in an exchange of 200 units and Victoria Mutual Investments lost 40 cents to end at $4 in switching ownership of 162,668 units.
In the preference segment, Eppley 5% preference share popped $4.78 ending at $22 with 33 stock units crossing the market and JMMB Group 7.25% preference share rose 47 cents in closing at $3.58 with an exchange of 30 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
