JSE Main Market bounces Friday

Stocks mostly bounced on the Jamaica Stock Exchange Main Market on Friday, with the market indices recording moderate gains following a 35 percent fall in the volume of stocks traded and a 30 percent lower value than on Thursday, as there was trading in 52 securities compared to 55 on Thursday. The market closed with prices of 24 stocks rising, 12 declining and 16 ending unchanged.
A total of 10,834,252 shares were traded for $176,431,924 versus 16,679,571 units at $253,751,659 on Thursday.
Trading averaged 208,351 shares at $3,392,922 compared to 303,265 units at $4,613,667 on Thursday and month to date, an average of 194,860 stock units at $1,601,231 compared to 194,169 shares at $1,509,440 on the previous day. December closed with an average of 604,110 units at $4,072,598
Wigton Windfarm led trading with 3.51 million shares for 32.4 percent of total volume, followed by PanJam Investment with 2.24 million units for 20.7 percent of the day’s trade, Stanley Motta with 1.78 million units for 16.4 percent market share and Transjamaican Highway with 1.38 million units for 12.8 percent market share.
The All Jamaican Composite Index rallied 1,622.56 points to 384,639.12, the JSE Main Index advanced 1,967.53 points to 340,317.50 and the JSE Financial Index gained 0.25 points to end at 81.21.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15 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 ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dipped 50 cents to $85.50 after 4,720 shares passed through the market, Caribbean Cement fell $1.16 to $58.73 with a transfer of 1,396 units, Caribbean Producers shed 60 cents in closing at $11.15 in trading 174,859 stock units. Eppley advanced $2.50 to $40 after trading one stock, First Rock Real Estate rose $1.99 to close at $14 after an exchange of 1,269 stock units, Guardian Holdings climbed $15 to end at $535 with the swapping of 625 stocks.  Jamaica Broilers popped $1.50 to close at $31.50 in exchange for 178,129 shares, Jamaica Producers rallied 99 cents to $20.99 with 168 units changing hands, JMMB Group lost 50 cents to close at $35 following trading of 206,544 stocks. Kingston Wharves advanced $5.45 to $35.70 with a transfer of 319 units, Mayberry Jamaican Equities gained $1.10 while ending at $13.10 with 5,497 stock units changing hands, Palace Amusement dropped a hefty $647 to end at $2,603 following investors exchanging 2,483 shares and pushing the stock to an intraday record high of $3,300. PanJam Investment rose $2.20 to $57.20 after trading 2,238,835 units, Proven Investments popped 80 cents to close at $31.80 with the swapping of 38,842 stock units, Scotia Group rallied $1 in closing at $34.90 in trading 3,504 shares. Seprod shed $1.89 to end at $66.01 with an exchange of 6,860 stocks, Stanley Motta advanced 99 cents to $5.24 with investors transferring 1,778,058 stock units and Supreme Ventures popped 85 cents in closing at $27 after 132,915 units crossing the market.
In the preference segmentEppley 7.50% preference share gained $1.50 to settle at $7.12 in trading 800 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Juniors bounce on Friday

Stocks mostly rose on the Junior Market of the Jamaica Stock Exchange on Friday, pushing the Market Index 53.99 points higher to 3,938.05, recovering most of the 57 points loss on the previous day, as the market closed with a 13 percent fall in the volume of stocks traded as the value fell 15 percent from Thursday’s activities after trading of 44 securities compared with 46 on Thursday and ending with 21 rising, 13 declining and ten closing unchanged.
Investors traded 10,955,295 shares for $27,089,084 compared with 12,623,385 units at $31,723,485 on Thursday.
Trading averaged 248,984 shares at $615,661 versus 274,421 units at $689,641 on Thursday, with the month to date averaging 227,860 units at $575,778 compared with 226,721 stock units at $573,627 on the previous day. December closed with an average of 333,420 units at $925,533.
Image Plus Consultants led trading with 2.41 million shares for 22 percent of total volume, followed by Dolla Financial with 1.60 million units for 14.6 percent of the day’s trade, Fosrich with 1.32 million units for 12 percent market share and ONE on ONE Educational with 1.29 million units for 11.8 percent of stock traded.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. The PE ratios of Junior Market stocks use ICInsider.com projected earnings for the financial year 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 two with lower offers.
At the close, Access Financial rallied 55 cents to $25.54 in exchange of 18 shares, Cargo Handlers rose $1.65 in closing at $13.30 after clearing the market with 3,800 stocks, Caribbean Assurance Brokers shed 18 cents to end at $2 after an exchange of 413,448 stock units. Consolidated Bakeries dipped 29 cents to $1.85 in transferring 302 units, Dolphin Cove gained 8 cents to end at $15 with the swapping of 42,378 stocks, Fosrich gained 34 cents to close at $3.35 with 1,315,735 stock units changing hands. Future Energy Source lost 14 cents to end at $4.64 after 640,143 shares passed through the market, General Accident popped 89 cents in closing at $4.99, trading 313 units, Honey Bun gained 19 cents to settle at $7.69 in switching ownership of 6,915 stocks. Indies Pharma shed 30 cents to close at $2.30 with the swapping of 299,425 units, KLE Group fell 19 cents to close at $1.71 in exchanging 1,900 stock units, Knutsford Express advanced $2.34 to $12.44 after 2,804 shares crossed the exchange. Medical Disposables rose 40 cents to $5, trading 31,703 shares, MFS Capital Partners lost 13 cents in closing at $2.83 as investors exchanged 289,128 stock units and Tropical Battery gained 9 cents to end at $2.39 in switching ownership of 207,578 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trinidad Exchange bounces

Rising stocks pushed the Trinidad and Tobago Stock Exchange higher on Friday, but the volume of stocks traded declined 12 percent with the value being 56 percent lower than on Thursday resulting in 19 securities trading compared with 19 on Thursday and ended with five stocks rising, seven declining and seven remaining unchanged.
Investors traded 324,227 shares for $1,944,573 compared to 368,174 stock units at $4,467,202 on Thursday.
An average of 17,065 units were traded at $102,346 compared with 19,378 shares at $235,116 on Thursday, with trading month to date averaging 29,763 shares at $234,433 compared with 30,559 units at $242,715 on the previous day. The average trade for December ended at 42,745 for $474,822.
The Composite Index gained 17.31 points to 1,328.19, the All & Index popped 6.23 points to 1,989.83, the SME Index closed unchanged at 57.12 and the Cross-Listed Index popped 4.08 points to settle at 86.82.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Angostura Holdings rose 20 cents to $23.90, with 625 shares crossing the exchange, Ansa McAl climbed $1 to end at $50.50 after 1,250 stocks changed hands, Calypso Macro Investment Fund remained at $20.25 after a transfer of 112 units. First Citizens Group dipped 10 cents to $50 as investors exchanged 3,293 stock units, FirstCaribbean International Bank gained 50 cents to close at $6.10, with 25,722 units changing hands, GraceKennedy rallied 5 cents to $4.50, with 1,174 stocks crossing the market. Guardian Holdings ended at $26 with an exchange of 16,606 stock units, JMMB Group lost 17 cents in closing at $2.07, with 67,687 shares clearing the market, L.J. Williams B share ended at $2.70 after an exchange of 100 units. Massy Holdings remained at $4.49 in trading 35,129 stocks, National Enterprises slipped 1 cent in closing at $3.69 with an exchange of 74,750 shares, National Flour Mills declined 5 cents to $1.50 and closed with 30,000 stock units passing through the exchange. NCB Financial remained at $4.30 with investors trading 33,398 stock units, One Caribbean Media dropped 1 cent to close at $3.10 after a transfer of 25,290 shares, Republic Financial fell 75 cents to end at $137.25 in trading 211 stocks  Scotiabank ended at $77.95 after an exchange of 1,249 units, Trinidad & Tobago NGL dropped 8 cents in ending at $21.30 after switching ownership of 2,115 stocks, Trinidad Cement remained at $3.60 with the swapping of 993 units and West Indian Tobacco advanced 10 cents to $21.95 in finishing trading of 4,523 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading surge leads to market decline

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The Jamaica Stock Exchange Main Market closed lower on Thursday with a 49 recent drop in the volume of stocks traded after a 451 percent surge in the value of trading over Wednesday, following an exchange of 55 securities similar to Wednesday, with prices of just 12 rising, 25 declining and 17 ending unchanged.
A total of 16,679,571 shares were traded for $253,751,659 compared to 32,907,198 units at  $46,037,711 on Wednesday.
Trading averaged 308,265 units at $4,613,667 compared with 598,313 shares at $837,049 on Wednesday and month to date, an average of 194,169 units at $1,509,440 versus 187,918 units at $1,331,594 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Wigton Windfarm led trading with 8.29 million shares for 49.7 percent of total volume followed by Transjamaican Highway with 2.24 million units for 13.4 percent of the day’s trade and GraceKennedy with 2.24 million units for 13.4 percent market share.
The All Jamaican Composite Index dropped 3,148.60 points to 383,016.56, the JSE Main Index fell 1,743.19 points to 338,349.97 and the JSE Financial Index shed 0.77 points to close at 80.96.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasts done 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, Eppley dipped $1.50 to end at $37.50 after trading 135 shares, First Rock Real Estate fell 54 cents to close at $12.01 with 455,534 stock units changing hands, Jamaica Producers shed 99 cents to end at $20 with 56,447 stocks crossing the market. JMMB Group rose $1.25 to $35.50 with an exchange of 99,960 units, Kingston Wharves dropped $5.49 in closing at $30.25 in switching ownership of 600,195 stock units, Mayberry Investments fell 81 cents to $8 after investors traded 25,212 units. Mayberry Jamaican Equities shed $1 to settle at $12 after exchanging 303,361 stocks, Palace Amusement jumped $350 to end at a record high of $3,250 with 817 shares crossing the market, PanJam Investment dropped $2.20 to $55 after 2,528 stocks cleared the market. Proven Investments dipped 50 cents to $31 with the swapping of 1,705 stock units, Scotia Group fell 97 cents to end at $33.90 in trading 238,458 shares, Supreme Ventures fell $1.85 to $26.15 after a transfer of 66,596 units. Sygnus Credit Investments rallied 50 cents in closing at $13 in switching ownership of 25,136 stocks and Victoria Mutual Investments lost 47 cents ending at $3.53 with a transfer of 112,178 stock units.
In the preference segmentJMMB Group 7.15% – 2028 shed 40 cents to close at a 52 weeks’ low of $2.51 with investors transferring 50,000 shares and 138 Student Living preference share advanced $3.99 to $68.99 in an exchange of 253 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Junior Market big Thursday drop

The Junior Market Index of the Jamaica Stock Exchanged dropped points to 3,884.06 on Thursday with a 13 percent rise in the volume of stocks trading, following a 23 percent increase in the value passing through the market compared to Wednesday following trading in 46 securities, similar to Wednesday and ended with 15 rising, 22 declining and nine closing unchanged.
A total of 12,623,385 shares were traded for $31,723,485 compared to 11,166,116 units at $25,766,396 on Wednesday.
Trading averaged 274,421 shares at $689,641 compared with 242,742 units at $560,139 on Wednesday with the month to date averaging 226,721 units at $573,627 versus 223,871 stock units at $566,697 on Wednesday, the previous day. December closed with an average of 333,420 units at $925,533.
Fosrich led trading with 3.11 million shares for 24.7 percent of total volume followed by ONE on ONE Educational with 1.72 million units for 13.6 percent of the day’s trade, Image Plus Consultants with 1.41 million units for 11.2 percent market share, Dolla Financial with 1.38 million units for 10.9 percent market share and Limners and Bards with 1.03 million units for 8.1 percent market share. The PE Ratio, a measure of computing appropriate stock values, averages 12.6. The PE ratios of Junior Market stocks uses ICInsider.com projected earnings for the financial year ending that fall between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rose 49 cents to $24.99 after exchanging six shares, Cargo Handlers fell $1.74 in closing at $11.65 after investors traded 382 stocks, Caribbean Assurance Brokers rose 27 cents to finish at $2.18 in an exchange of 1,520 stock units. Dolphin Cove rallied $1.10 to $14.92 with an exchange of 802 units, Express Catering lost 36 cents to close at $4.72 trading 114,019 units, Fontana gained 30 cents to close at $9.20 with 39,581 shares changing hands. Fosrich shed 26 cents to close at $3.01 in exchanging 3,113,891 stocks, General Accident declined $1.20 to $4.10 in switching 34,018 stock units, Image Plus Consultants gained 9 cents in ending at $1.95 after 1,408,841 stocks were traded. Indies Pharma lost 16 cents to close at $2.60 with investors transferring 209,616 units, KLE Group gained 19 cents to end at $1.90 with one stock unit crossing the market, Limners and Bards dipped 20 cents to $2.20 with the swapping of 1,025,029 shares. Main Event fell 89 cents to $9.11 after investors transferred 3,202 units, Medical Disposables popped 9 cents to end at $4.60 trading 59,036 shares and Stationery and Office Supplies advanced 25 cents to $14.50 after a transfer of 49,516 stock units.
In the preference segmentCAC 2000 9.5% preference share gained 15 cents in closing at $1.17 in exchanging 852 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 266 percent valued 819 percent more than on Wednesday, after nine securities were traded, compared to eight on Wednesday with three rising, two declining and four ending unchanged.
Overall, 417,724 shares were traded for US$36,261 compared with 114,022 units at US$3,947 on Wednesday.
Trading averaged 46,414 shares at US$4,029 compared with 14,253 units at US$493 on Wednesday, with a month to date average of 43,744 shares for US$3,593 being fairly steady with 43,578 units at US$3,566 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE USD Equities Index added 0.37 points to end at 199.46.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November 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 popped 0.79 of a cent to 7.79 US cents crossing after investors exchanged 400,159 shares, Productive Business Solutions remained at US$1.275 after a transfer of 585 stock units, Proven Investments climbed 0.89 of a cent in closing at 20 US cents after trading 16,499 stocks. Sygnus Credit Investments J$ share ended at 12 US cents, with 180 units crossing the market, Sygnus Credit Investments USD share ended at 9.5 US cents after trading 59 shares and Transjamaican Highway fell 0.04 of a cent to end at 0.91 of one US cents as 76 units changed hands.
In the preference segmentProductive Business 9.25% preference share remained at US$11 after 150 stock units changed hands, Eppley 6% preference share dropped 2.5 cents to US$1.045 with investors transferring 15 stocks and Equityline Mortgage Investment preference share rallied 3 cents to close at US$1.67 after an exchange of one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Prices climb on Trinidad Exchange

The Composite Index of the Trinidad and Tobago Stock Exchange surged on Thursday as investors pumped more money into the market but purchased fewer shares than on Wednesday. Trading ended 32 percent fewer shares changing hands but the value jumped 94 percent resulting in activity in 19 securities as was the case Wednesday, and ended with prices of nine stocks rising, six declining and four remaining unchanged.
Investors traded 368,174 shares for $4,467,202 compared with 543,121 units at $2,298,447 on Wednesday.
An average of 19,378 shares were traded at $235,116 against 28,585 units at $120,971 on Wednesday. Trading month to date averages 30,559 shares at $242,715 versus 31,307 units at $243,224 on the previous day. The average trade for December amounts to 42,745 shares at $474,822.
The Composite Index lost 20.79 points to close at 1,310.88, the All T&T Index increased 0.86 points to 1,983.60, the SME Index remained unchanged at 57.12 and the Cross-Listed Index shed 6.15 points to settle at 82.74.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Angostura Holdings popped 20 cents in closing at $23.70 after exchanging 943 shares, Calypso Macro Investment Fund rose 10 cents to end at $20.25, with 450 stocks changing hands, First Citizens Group rallied 9 cents to $50.10 in trading 1,961 units. FirstCaribbean International Bank dropped 40 cents to close at $5.60 with the swapping of 2,000 stock units, GraceKennedy dipped 5 cents to $4.45 while exchanging 39,423 stock units, Guardian Holding shed $1 to close at $26, with 2,348 shares crossing the market. Guardian Media ended at $2.15 after exchanging 1,191 units, JMMB Group gained 9 cents in closing at $2.24 in an exchange of 24,661 stocks, Massy Holdings remained at $4.49 with a transfer of 80,933 shares. National Enterprises increased 15 cents to $3.70 after an exchange of 14,827 units, National Flour Mills climbed 4 cents to end at $1.55 and closed with an exchange of 102,893 stocks, NCB Financial fell 26 cents in ending at a 52 weeks’ low of $4.30 as 17,300 stock units passed through the market. Point Lisas lost 43 cents at $3.07 with 3,450 stocks clearing the market, Prestige Holdings advanced 25 cents to $7, with 30,121 shares changing hands, Republic Financial climbed 55 cents to close at $138 in switching ownership of 18,697 units. Scotiabank ended at $77.95, with 575 stock units crossing the exchange, Trinidad & Tobago NGL declined 6 cents to end at $21.38 after a transfer of 18,937 units, Unilever Caribbean remained at $13.60 in trading 1,020 stocks and West Indian Tobacco increased 85 cents to close at $21.85 with an exchange of 6,444 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks pop higher on JSE Main Market

Investors exchanged 43 percent more stocks in the Jamaica Stock Exchange Main Market on Wednesday, valued slightly more than Tuesday, with trading in 55 securities, similar to Tuesday, and leading to prices of 26 stocks rising, 16 declining and 13 ending unchanged.
A total of 32,907,198 shares were traded for $46,037,711 compared to 23,052,827 units at $45,065,813 on Tuesday.
Trading averaged 598,313 units at $837,049 versus 419,142 shares at $819,378 on Tuesday and month to date, an average of 187,918 units at $1,331,594 compared to 162,977 units at $1,361,649 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Wigton Windfarm led trading with 27.79 million shares for 84.5 percent of total volume, followed by Sagicor Select Financial Fund with 1.77 million units for 5.4 percent of the day’s trade and Transjamaican Highway with 1.09 million units for 3.3 percent market share.
The All Jamaican Composite Index advanced 555.68 points to 386,165.16, the JSE Main Index popped 104.88 points to settle at 340,093.16 and the JSE Financial Index rose 0.50 points to end at 81.73.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15.1 on 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 ten stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments dropped $3.43 to end at $86 after a transfer of 15,111 shares, Caribbean Cement rose $1.89 to close at $59.89 in an exchange of 6,533 stock units, Eppley shed $1.70 to end at $39 with the swapping of 170 units. Eppley Caribbean Property Fund rallied $1.89 to $49.89 in trading 57 stocks, GraceKennedy popped 50 cents to end at $79 with investors transferring 34,697 shares, Guardian Holdings climbed $9.90 in closing at $520 after 1,370 stocks crossed the market. Jamaica Broilers fell 94 cents to $30.05 with 14,612 units changing hands, Jamaica Producers rose 99 cents to close at $20.99, trading 11,016 stock units, Jamaica Stock Exchange fell 76 cents to $13.72 after a transfer of 16,369 shares. Mayberry Investments advanced 74 cents to $8.81 in switching ownership of 504 units, NCB Financial rallied 99 cents to $79 in swapping 8,469 stock units, 138 Student Living gained 59 cents to finish at $4.90 trading 236 stocks. Palace Amusement climbed $100 to close at a 52 weeks’ high of $2,900 in transferring 832 stocks, PanJam Investment popped $2.20 to $57.20, with 250 units crossing the exchange, Proven Investments rose $1.48 in closing at $31.50 trading 1,539 stock units. Sagicor Group gained $1 to end at $52 with an exchange of 667 shares, Scotia Group popped 87 cents to $34.87 after an exchange of 32,403 units, Seprod rallied $1 to $68 with the swapping of 1,234 stock units. Supreme Ventures gained 65 cents to close at $28 in trading 20,247 stocks and Sygnus Credit Investments rallied 44 cents in closing at $12.50 with 1,305 shares crossing the market.
In the preference segment138 Student Living preference share declined $4, ending at $65, with nine stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for Junior Market

The Junior Market of the Jamaica Stock Exchange recovered more than half of Tuesday’s 64 points drop in the market index as it closed on Wednesday after a 32 percent decline in the volume of stocks traded and a 36 percent fall in the value from trading in 46 securities compared with 48 on Tuesday and ending with prices of 21 stocks rising, 14 declining and 11 closing unchanged.
At the close, the Junior Market Index rose 35.91 points to settle at 3,940.68.
A total of 11,166,116 shares were exchanged for $25,766,396 versus 16,319,167 units at $40,158,085 on Tuesday.
Trading averaged 242,742 shares at $560,139 up from 339,983 units at $836,627 on Tuesday with a month to date average of 223,871 stocks at $566,697 versus 222,672 stock units at $567,113 on the previous day. December closed with an average of 333,420 units at $925,533.
JFP Ltd led trading with 3.33 million shares for 29.8 percent of total volume followed by Image Plus Consultants with 1.91 million units for 17.1 percent of the day’s trade and ONE on ONE Educational with 1.45 million units for 13 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.9. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for the financial year ending that fall 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 two with lower offers.
At the close, Access Financial dipped $1.05 to $24.50 with an exchange of 12,765 shares, Blue Power gained 19 cents to close at $2.89 after 11 units cleared the market, CAC 2000 advanced $1.27 to end at $8.48 as investors exchanged three stocks. Caribbean Cream gained 42 cents to close at $3.80 trading 2,605 stock units, Consolidated Bakeries rose 28 cents to end at $2.13 with investors transferring 233 shares, Dolphin Cove lost 18 cents to close at $13.82 with 17,654 units changing hands. Elite Diagnostic popped 10 cents to settle at $3.20 with a transfer of 4,000 stocks, Express Catering gained 8 cents to end at $5.08 in switching ownership of 44,901 stock units, Fontana rallied 40 cents in ending at $8.90 in an exchange of 33,298 units. Fosrich fell 12 cents to $3.27 after 804,631 shares passed through the market, Future Energy Source lost 7 cents to end at $4.78 trading 476,514 stock units, General Accident rose 22 cents to close at $5.30 in exchanging 48,612 stocks. Iron Rock Insurance popped 22 cents in ending at $2.39 with 1,000 stock units being traded, Jetcon Corporation gained 7 cents in closing at $1.13, with 135,605 stocks changing hands, Knutsford Express fell $1.90 to $10.10 with the swapping of 20,344 shares. Lasco Distributors gained 15 cents in closing at $2.71 in exchanging 8,753 units, Lasco Financial advanced 31 cents to $2.84 in trading 3,105 units, and Lasco Manufacturing popped 64 cents to close at $4.80 with 57,968 shares changing hands. Lumber Depot rallied 7 cents in ending at $2.37 with an exchange of 3,479 stocks, Main Event rose 80 cents to $10 after clearing the market with 41,403 stock units and Tropical Battery lost 8 cents to end at $2.33 with a transfer of 760,527 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big drop for JSE USD market

Trading on the Jamaica Stock Exchange US dollar market plunged on Wednesday, with the volume and the value of stocks changing hands declining 93 percent from trading on Tuesday, resulting in eight securities traded, compared to 12 on Tuesday with two rising, three declining and three ending unchanged and resulting in the JSE US Denominated Equities Index dropping 14.24 points to close at 199.09.
Just 114,022 shares were traded for US$3,947 compared with 1,638,947 units at US$60,212 on Tuesday.
Trading averaged 14,253 shares at US$493 versus 136,579 shares at US$5,018 on Tuesday, with a month to date average of 43,578 shares at US$3,566 compared with 45,290 units at US$3,746 on the previous day. December ended with an average of 39,679 units for US$1,494.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.7. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and three stocks with lower offers.
At the close, First Rock Real Estate USD share remained at 7 US cents after an exchange of 6,474 shares, Margaritaville dipped 2.18 cents in closing at 12.32 US cents in exchanging 304 stocks, Productive Business Solutions fell 22.5 cents to US$1.275 after 406 stock units crossed the market. Proven Investments lost 0.89 of a cent to end at 19.11 US cents, with 10,000 units changing hands, Sterling Investments rallied 0.01 of a cent to 1.87 US cents after 4,722 stocks changed hands and Transjamaican Highway climbed 0.04 of a cent to close at 0.95 of one US cent after 92,103 units were traded.
In the preference segmentProductive Business 9.25% preference share ended at US$11 in switching ownership of 4 shares and JMMB Group 6% ended at US$1 after a transfer of 9 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.