TTSE starts new month with trading rise

Market activity picked up on the Trinidad and Tobago Stock Exchange on Thursday, resulting in 19 securities trading compared with 18 on Wednesday, with nine stocks rising, four declining and six remaining unchanged after the volume of stocks traded jumped 260 percent more than on Wednesday with the value up 42 percent.
Investors traded 455,083 shares for $3,353,828 up from 126,108 stock units at $2,365,917 on Wednesday.
The average trade on Thursday was 23,952 shares at $176,517 versus 7,006 shares at $131,440 on Wednesday. The average trade for November amounts to 51,348 at $461,781.
The Composite Index rallied 7.66 points to end at 1,312.18, the All T&T Index popped 15.62 points to 1,977.99 and the Cross-Listed Index shed 0.12 points to close at 83.94.
Investor’s Choice bid-offer indicator shows three stocks ending with a bid higher than their last selling prices and two with lower offers.
At the close, Agostini’s rallied 1 cent to $43.01 after an exchange of 249 shares, Ansa McAl jumped $6.30 to $53.80 in switching ownership of 16,197 units, Ansa Merchant Bank remained at $42.20 after 643 stock units were exchanged. Clico Investment Fund dropped 5 cents to end at $29, with 11,502 stocks crossing the market, First Citizens Group rose 5 cents to close at $50.05, with 1,117 units crossing the market, FirstCaribbean International Bank rallied 1 cent to $5.12 in exchanging 2,500 stock units. GraceKennedy fell 4 cents in closing at $4.75 with investors transferring 950 shares, Guardian Holdings ended at $25.81 after trading 1,000 stocks, JMMB Group popped 1 cent to $1.82 in an exchange of 30,900 units. L.J. Williams B share increased 10 cents to a 52 weeks’ high of $2.50 after the swapping of 54 stocks, Massy Holdings climbed 2 cents to end at $4.67 with a transfer of 230,684 shares, National Enterprises remained at $3.25 as investors exchanged 41,000 stock units. NCB Financial ended at $4.56 after 97,880 stock units changed hands, Point Lisas remained at $3.25 in exchanging 752 stocks, Prestige Holdings rallied 5 cents to $6.30 as investors swapped 2,271 shares. Scotiabank climbed 50 cents to $77.50, with 1,627 units changing hands, Trinidad & Tobago NGL dipped 29 cents to $20.95 as 2,319 units passed through the market, Trinidad Cement lost 5 cents to end at $3.60 after exchanging 8,430 shares and West Indian Tobacco ended at $22 after a transfer of 5,008 stocks.
Prices of securities trading are those for the last transaction

Big surge in JSE Main Market on Wednesday

The Main Market on the Jamaica Stock Exchange bounced back sharply on Wednesday thus reversing the big decline on Tuesday accompanied by a 75percent rise in the volume of stocks traded after a 291 percent surge in the value than on Tuesday, from trading in 55 securities compared to 46 on Tuesday and resulting in a substantial number of 39 prices rising, and just eight declining and eight ending unchanged.
Investors traded 9,955,147 shares valued at $296,663,488 compared with 5,681,384 units at $75,914,996 on Tuesday.
Trading averaged 181,003 units at $5,393,882 compared to 123,508 shares at $1,650,326 on Tuesday and month to date, an average of 202,406 units at $1,736,565 against 203,452 units at $1,557,922 on the previous day. October ended with an average of 231,243 units at $1,464,224.
Seprod led trading with 1.77 million shares for 17.7 percent of total volume followed by Wigton Windfarm with 1.60 million units for 16.1 percent of the day’s trade, Sagicor Group with 1.22 million units for 12.3 percent market share and Stanley Motta with 1.0 million units for 10.1 percent market share.
The All Jamaican Composite Index popped 8,544.44 points to 384,847.77, the JSE Main Index advanced 6,416.85 points to 338,794.51 and the JSE Financial Index climbed 1.84 points to 80.84.
The PE Ratio, a formula to used to determine appropriate stock values, averages 14 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 and August 2023.
Investor’s Choice bid-offer indicator shows 21 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments declined $3.46 to $86.02 with 5,883 shares changing hands, Eppley Caribbean Property Fund climbed $4.98 to $41 in transferring 2,486 units, First Rock Real Estate fell 40 cents in closing at $14.60 with 106 stocks crossing the exchange. Jamaica Broilers gained $1 to end at $28.40 trading 74,386 stock units, Jamaica Producers rallied 43 cents to close at $22.73 after 317,493 units crossed the market, Jamaica Stock Exchange rose $2 to end at $16.90 with investors exchanging 231,852 stocks. JMMB Group advanced $1.50 to close at $33 in switching ownership of 40,583 shares, Kingston Properties popped $1 to end at $7.90 with a transfer of 299,908 stock units, Kingston Wharves gained $1.59 to end at $35, with investors exchanging 421,611 stocks. Margaritaville climbed $4.29 to $20.51 with one unit changing hands, Mayberry Jamaican Equities dropped $1 to finish at $12.50 with the swapping of 29,336 stock units, MPC Caribbean Clean Energy popped $5 to $83 after a transfer of 731 shares. NCB Financial lost $1.50 to end at $83.50 in trading 48,621 stock units, Portland JSX gained $1.50 in closing at $10.50 in exchanging 182 units, Proven Investments shed $1.38 to $26.22 with the swapping of 6,563 stocks. Sagicor Group rose $5.10 to $54.10 trading 1,221,619 shares, Scotia Group climbed $1.70 to $34.20 with 65,373 stock units clearing the market, Seprod rallied $3.50 to $70.50 in exchanging 1,766,351 shares. Stanley Motta gained 98 cents in closing at $5.45 with 1,001,953 units changing hands, Supreme Ventures rose 76 cents to end at $24.97 as investors switched ownership of 44,665 stocks, Victoria Mutual Investments rallied 80 cents to $3.80 in an exchange of 114,134 stocks and Wisynco Group gained 41 cents to settle at $18.41 with a transfer of 737,192 units.
In the preference segment138 Student Living preference share gained $6 in closing at $51 after an exchange of 4,224 stock units and Productive Business Solutions 9.75% preference share advanced $8.10 to $130 with investors transferring seven shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks surged on the Junior Market

Stocks surged in trading on the Junior Market of the Jamaica Stock Exchange, with the Market Index jumping a solid 86.80 points to 3,978.95 at the close on Wednesday after a 318 percent rise in the volume of stocks traded and a  401 percent increase in value compared to Tuesday following trading in 42 securities versus 41 on Tuesday and ended with 25 rising, 13 declining and four closing unchanged.
Investors traded 18,836,649 shares for $60,904,034, up sharply from 4,506,827 units at $12,167,838 on Tuesday.
Trading averaged 448,492 shares at $1,450,096, up from a mere 109,923 units at $296,777 on Tuesday, with the month to date averaging 259,968 units at $711,335 compared to 250,933 stock units at $676,433 on the previous day. October closed with an average of 264,407 units at $832,036.
Spur Tree Spices led trading with 9.75 million shares for 51.8 percent of total volume, followed by ONE on ONE Educational with 4.20 million units for 22.3 percent of the day’s trade and MFS Capital Partners with 1.72 million units for 9.1 percent market share.
The PE Ratio, a measure of computing appropriate stock values, averages 12.3. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
The Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Access Financial advanced $4.83 to $25.50 as investors exchanged 98,254 shares, AMG Packaging gained 20 cents to close at $3.12, with investors trading 14,149 stocks, Cargo Handlers rallied $1.16 to $12.80 with the swapping of just one unit. Derrimon Trading rose 15 cents to $2.20 with a transfer of 299,226 stock units, Dolphin Cove lost 30 cents in closing at $13.10 after trading 126,200 stocks, Fontana gained 11 cents in ending at $8.50 with 175,753 stock units changing hands. Fosrich gained 22 cents to close at $4.22 as investors switched ownership of 59,591 units, Honey Bun popped 15 cents to $6.80 after trading 9,720 shares, Indies Pharma advanced 42 cents in closing at $3.12 with an exchange of 171,991 shares. Iron Rock Insurance gained 27 cents to end at $2.07 with the swapping of 1,049 stock units, JFP Ltd popped 15 cents in closing at $1.76 with 360,225 stocks, clearing the market Knutsford Express rallied 10 cents to end at $8.98 with an exchange of 251,995 units. Main Event gained 20 cents to close at $10 after 4,096 shares changed hands, Medical Disposables rose 25 cents to $5.25 in transferring 1,000 stock units, MFS Capital Partners dropped 27 cents to $2.52 in trading 1,720,740 units. Paramount Trading gained 24 cents to end at $1.95 with 29,838 stocks passing through the market, Spur Tree Spices climbed 88 cents to $3.80 after a transfer of 9,748,779 stock units, Stationery and Office Supplies rose 35 cents to $14.65 after trading 900 shares. Tropical Battery rallied 11 cents in closing at $2.45 with an exchange of 93,175 units and tTech shed 31 cents to $2.96 with the transfer of 379 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising stocks dominate JSE USD Market

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The volume and value of stocks trading on the Jamaica Stock Exchange US dollar market dropped sharply on Wednesday, with the volume dropping 20 percent after 73 percent less funds passed through the market compared to Tuesday, resulting in eight securities changing hands, compared to six on Tuesday with prices of four rising, two declining and two ending unchanged.
Overall, 834,596 shares were traded for US$15,756 from 1,042,094 units at US$58,208 on Tuesday.
Trading averaged 104,325 units at US$1,969, versus 173,682 shares at US$9,701 on Tuesday, with the month to date average of 33,913 shares at US$3,363 against 30,414 units at US$3,432 on the previous day. October ended with an average of 40,972 shares for US$2,277.
The JSE US Denominated Equities Index gained 5.92 points to end at 228.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5, 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 no stock ending with a bid higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share lost 0.05 of a cent in closing at 7.94 US cents with investors transferring 263 shares, Margaritaville remained at 14 US cents in an exchange of just one stock unit, MPC Caribbean Clean Energy dropped 10 cents to close at 55 US cents after 731 units were traded. Proven Investments rallied 1.8 cents to 19.9 US cents after 24,457 stocks were traded, Sterling Investments gained 0.08 cents to end at 2.08 US cents in switching ownership of 5,000 stocks, Sygnus Real Estate Finance USD share rose 0.5 of a cent to 11 US cents with four shares crossing the exchange and Transjamaican Highway popped 0.08 of a cent in closing at 0.98 of one US cents with a transfer of 801,169 shares.
In the preference segmentJMMB Group 6% ended at US$1 while exchanging 2,971 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Dip in trading on the Trinidad Exchange

Market activity fell on the Trinidad and Tobago Stock Exchange on Wednesday, resulting in more stocks declining than rising after the volume of stocks traded dropped 70 percent with 24 percent lower value than on Tuesday and resulting in an exchange of 18 securities compared with 21 on Tuesday, with the price of one rising, five declining and 12 remaining unchanged.
Investors exchanged just 126,288 shares for $2,365,917 down from 427,294 stock units at $3,122,309 on Tuesday. An average of 7,016 units were traded at $131,440 compared to 20,347 shares at $148,681 on Tuesday. Trading for the month to date averaged 51,348 shares at $461,778 versus 53,426 units at $477,266 on the previous day. The average trade for October amounts to 29,755 at $358,068.
The Composite Index fell 5.94 points to 1,304.52, the All T&T Index inched 0.24 points higher to 1,962.37 and the Cross-Listed Index dipped 1.76 points to 84.06.
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, Agostini’s ended trading at $43 while exchanging 584 shares, Angostura Holdings remained at $23.50, with 971 stocks changing hands, Ansa McAl ended at $47.50 in trading 550 stock units. Clico Investment Fund ended at $29.05 with a transfer of 3,419 units, Endeavour Holdings dropped $1 in ending at $7 in an exchange of 180 stock units, First Citizens Group remained at $50 with investors transferring 35,144 units. FirstCaribbean International Bank lost 29 cents to close at $5.11 after an exchange of 2,980 shares, Guardian Holdings ended at $25.81 after trading of 7,423 stocks, JMMB Group shed 9 cents in closing at $1.81, with 47,851 stocks crossing the exchange. Massy Holdings ended at $4.65 with the swapping of 148 units, National Flour Mills dipped 9 cents to close at $1.50 as 23,254 shares passed through the market, NCB Financial remained at $4.56 after a transfer of 357 stock units. Point Lisas ended at $3.25 as investors exchanged six shares, Prestige Holdings remained at $6.25 after switching ownership of 1,039 units, Republic Financial ended at $139, with 111 stocks crossing the market. Scotiabank ended at $77 with 778 stock units changing hands, Trinidad & Tobago NGL dipped 1 cent to end at $21.24 after exchanging 193 units and Unilever Caribbean increased 62 cents to close at $13.80, with 1,300 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market tumbles

The Jamaica Stock Exchange Main Market dropped sharply on Tuesday following the volume of stocks trading nosediving 55 percent after 38 percent fall in value, compared to Monday with trading in 46 securities, down from 54 on Monday, resulting in prices of 16 rising, 19 declining and 11 ending unchanged.
Five stocks traded at 52 weeks’ low including Jamaica Stock Exchange, JMMB Group ordinary share, Palace Amusement, VM Investments and JMMB Group 7.35% preference share.
A total of 5,681,384 shares were traded for $75,914,996 versus 12,752,567 units at $123,366,397 on Monday.
Trading averaged 123,508 units at $1,650,326 compared to 236,159 shares at $2,284,563 on Monday and month to date, an average of 203,452 units at $1,557,922 versus 206,857 units at $1,553,986 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
Transjamaican Highway led trading with 906,272 shares for 16 percent of total volume followed by Wigton Windfarm with 790,724 units for 13.9 percent of the day’s trade and Wisynco Group with 687,585 units for 12.1 percent market share.
The All Jamaican Composite Index dived 6,421.71 points to 376,303.33, the JSE Main Index shed 4,914.99 points to close at 332,377.66 and the JSE Financial Index lost 1.11 points to settle at 79.00.
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 and August 2023.
Investor’s Choice bid-offer indicator shows 18 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Producers rallied 54 cents to $12.59 in switching ownership of 8,568 shares, Eppley Caribbean Property Fund dipped $3.97 to $36.02 trading 100 stock units, First Rock Real Estate climbed $1.94 in closing at $15 with investors trading 385,998 stocks. Guardian Holdings declined $5.10 after ending at $495 trading 6,641 units, Jamaica Broilers rose 54 cents to $27.40 with 51,941 stocks clearing the market, Jamaica Stock Exchange fell $1.03 to a 52 weeks’ low of $14.90 with an exchange of  28,942 units. JMMB Group shed 90 cents to end at a 52 weeks’ low of $31.50 as investors transferred 212,943 shares, Kingston Wharves lost 59 cents in closing at $33.41 after 361,343 stock units crossed the exchange, Palace Amusement dropped $39 in ending at a 52 weeks’ low of $621 with four units changing hands. Sagicor Group popped $1 to close at $49 trading 65,818 stocks, Scotia Group lost $1.70 to settle at $32.50 as investors transferred 33,492 shares, Seprod dipped $1.99 to $67 with the swapping of 56,540 stock units and Victoria Mutual Investments fell 95 cents to a 52 weeks’ low of $3 with 209,695 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

Junior Market jumps

A 12 percent fall in the volume of stocks traded, following an 11 percent decline in the value of funds entering the Junior Market of the Jamaica Stock Exchange on Tuesday, but the declined in trading failed to stop the market from rising at the close, with trading in 41 securities against 42 on Monday, ending with 18 rising, 14 declining and 9 closing unchanged.
A total of 4,506,827 shares valued at $12,167,838 were traded compared to 5,099,286 units at $13,601,067 on Monday.
Trading averaged 109,923 shares at $296,777 compared with 121,412 units at $323,835 on Monday, with a month to date average of 250,933 units at $676,433 compared to 257,803 stock units at $694,789 on the previous day. October closed with an average of 264,407 units at $832,036.
ONE on ONE Educational led trading with 785,329 shares for 17.4 percent of total volume, followed by JFP Ltd with 485,798 units for 10.8 percent of the day’s trade and Dolla Financial with 445,647 units for 9.9 percent market share.
At the close, the Junior Market Index jumped 40.33 points to settle at 3,892.15.
The PE Ratio, a measure of computing appropriate stock values, averages 12.2. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Blue Power rose 51 cents to $3.20 with 82 shares clearing the market, Cargo Handlers jumped $2.14 to $11.64 in trading 118 stock units, Consolidated Bakeries dipped 30 cents ending at $1.80 after 14,400 stocks passed through the market. Dolphin Cove gained 10 cents in closing at $13.40 with the swapping of 4,645 units, iCreate increased 8 cents to $1.94 in switching ownership of 35,766 shares, Indies Pharma rallied 8 cents to close at $2.70 in transferring 3,702 units. JFP Ltd popped 13 cents in ending at $1.61 with an exchange of 485,798 stock units, Limners and Bards gained 16 cents to settle at $2.76 in trading 2,029 stocks, Lumber Depot popped 11 cents to end at $2.42 in exchanging 283,339 stocks. Main Event shed 20 cents in closing at $9.80 after a transfer of 56,070 shares, MFS Capital Partners advanced 13 cents to $2.79 with investors transferring 346,960 stock units and Tropical Battery fell 12 cents in closing at $2.34 with an exchange of 77,339 units.
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 Tuesday, with the volume of stocks exchanged rising 483 percent, with the value surging 1,046 percent more than Monday’s levels, resulting in six securities trading, compared to eight on Monday with three rising, one declining and two ending unchanged.
A total of 1,042,094 shares were traded for US$58,208 up sharply from 178,840 units at US$5,077 on Monday.
Trading averaged 173,682 shares at US$9,701 versus 22,355 units at a mere US$635 on Monday, with a month to date average of 30,414 shares at US$3,432 compared with 24,869 units at US$3,190 on the previous day. October ended with an average of 40,972 units for US$2,277.
The JSE US Denominated Equities Index lost 1.78 points to end at 222.13.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 8.4. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial year ends between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and five with lower offers.
At the close, First Rock Real Estate USD share gained 0.89 of a cent in ending at 7.99 US cents after an exchange of 364,350 shares, MPC Caribbean Clean Energy remained at 65 US cents in trading three stocks, Proven Investments fell 1.27 cents to close at 18.1 US cents with 129,276 units changing hands. Sygnus Credit Investments USD share climbed 0.34 of a cent to 9.86 US cents in switching ownership of 363 stock units and Transjamaican Highway rallied 0.04 of a cent to 0.9 of one US cent after exchanging 547,000 units.
In the preference segmentJMMB Group 6% ended at US$1 with 1,102 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Falling stocks dominate Trinidad exchange

Declining stocks were the dominant feature of the Trinidad and Tobago Stock Exchange on Tuesday, with the volume of stocks traded declining 6 percent with a 28 percent higher value than on Monday resulting in 21 securities trading as was the case on Monday, with prices of five rising, 11 declining and five remaining unchanged.
Investors traded 427,294 shares for $3,122,309 versus 456,229 stock units at $2,445,836 on Monday. An average of 20,347 units were traded at $148,681 compared to 21,725 shares at $116,468 on Monday, with trading month to date averaging 53,426 shares at $477,266 versus 55,339 units at $496,275 on the previous day. The average trade for October amounts to 29,755 at $358,068.
The Composite Index declined 5.11 points to 1,310.46, the All T&T Index fell 9.69 points to 1,962.13 and the Cross-Listed Index slipped 0.03 points to settle at 85.82.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Agostini’s ended at $43 with 29 shares clearing the market, Angostura Holdings remained at $23.50 after exchanging 27 stocks, Ansa McAl shed $2.50 in ending at $47.50 after an exchange of 759 stock units. Ansa Merchant Bank fell $1.30 to close at $42.20 with the swapping of 1,000 units, Clico Investment Fund declined 70 cents to $29.05 while exchanging 17,410 stock units, First Citizens Group dipped 1 cent to $50 after the trading of 3,212 stocks. GraceKennedy slipped 1 cent to $4.79 after a transfer of 195 units, Guardian Holdings dropped 19 cents to end at $25.81, with 12,901 shares crossing the exchange, JMMB Group rallied 1 cent to close at $1.90 with an exchange of 18,247 stock units. L.J. Williams B share ended at $2.40 as 7,946 stocks passed through the market, Massy Holdings increased 14 cents to close at $4.65 in switching owners of 83,807 units, National Enterprises remained at $3.25, with 21,400 shares crossing the market. NCB Financial remained at $4.56 after an exchange of 225,343 stocks, Point Lisas popped 6 cents to end at $3.25 as investors exchanged 13,452 stock units, Prestige Holdings fell 1 cent in closing at $6.25 with a transfer of 414 shares. Republic Financial lost 58 cents to close at $139 after an exchange of 105 units, Scotiabank declined 50 cents to end at $77, with 279 stock units crossing the market, Trinidad & Tobago NGL dropped 75 cents to $21.25 with investors transferring 12,794 units. Trinidad Cement gained 5 cents in closing at $3.65 in trading 1,000 stocks, Unilever Caribbean shed 60 cents in ending at $13.18 after 150 shares changed hands and West Indian Tobacco rose 2 cents to close at $22 trading 6,824 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market volume climbs

Trading ended Monday with an increased in the volume of stocks traded but was valued less than those passing through the market on Friday after 89 percent more shares changed hands valued 13 percent less than Friday on the Jamaica Stock Exchange Main Market and ended with trading of 54 securities compared to 52 on Friday, resulting in 19 rising, 22 declining and 13 ending unchanged.
A total of 12,752,567 shares were exchanged for $123,366,397 versus 6,765,232 units at $141,934,681 on Friday.
Trading averaged 236,159 units at $2,284,563 against 130,101 shares at $2,729,513 on Friday and month to date, an average of 206,789 units at $1,553,587 compared to 205,314 units at $1,515,534 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
JMMB Group 7.35% – 2028 led trading with 3.66 million shares for 28.7 percent of the total volume, followed by Wigton Windfarm with 1.73 million units for 13.6 percent of the day’s trade, Transjamaican Highway with 1.62 million units for 12.7 percent market share and 138 Student Living with 1.15 million units for 9 percent market share.
The All Jamaican Composite Index rose 1,072.14 points to 382,725.04, the JSE Main Index shed 767.80 points to end at 337,292.65 and the JSE Financial Index shed 0.97 points to close at 80.11.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios are computed using earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
The Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments advanced $2.46 to $89.48 in switching ownership of 29,304 shares after hitting a 52 weeks’ intraday low of $83.50, Caribbean Cement dropped $2.30 in ending at $56.50 with an exchange of 13,615 stock units, Eppley rallied $5.65 in closing at $38.65 after a transfer of 3,000 units. Eppley Caribbean Property Fund climbed $3.49 to $39.99 with 249 stocks changing hands, Guardian Holdings dropped $58.85 to end at $500.10, with 146 shares clearing the market, JMMB Group shed 60 cents to close at $32.40 in exchanging 15,598 units. Kingston Properties rose 43 cents to $6.99 in trading 98,000 stocks, Kingston Wharves popped 55 cents to $34 with the swapping of 190,708 stock units, Massy Holdings advanced 50 cents in ending at $81 after trading 564 stock units. NCB Financial gained 90 cents in closing at $84.90 after exchanging 202,064 stocks, Palace Amusement fell $59.01 to $660 with the swapping of 56 shares, Proven Investments rose 98 cents to $27.98 as investors exchanged 9,113 units. Scotia Group popped $1.45 to close at $34.20 after trading 2,803 shares, Seprod declined $1.01 to $68.99 with an exchange of 3,281 stock units, Stanley Motta dipped 48 cents to $4.47 with investors transferring 4,237 stocks and Supreme Ventures shed 79 cents to close at $24.21 in an exchange of 265,908 units.
In the preference segmentProductive Business Solutions 9.75% preference share rose $15.90 to $121.90 in exchanging 40 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.