The Jamaica Stock Exchange Main Market rallied on Thursday, following the trading of 53 securities compared with 56 on Wednesday and ended with prices of 19 rising, 22 declining and 12 ending unchanged as b gains in MPC Caribbean Energy, Kingston Wharves, GraceKennedy Caribbean Produces and JMMB Group overpowered those declining on a day when the volume of stocks traded declined by 47 percent, with a 51 percent lower value than on Wednesday.
A total of 29,125,035 shares were traded for $83,569,212 compared with 55,453,072 units at $170,749,021 on Wednesday.
Trading averaged 549,529 shares at $1,576,778 versus 990,233 shares at $3,049,090 on Wednesday and month to date, an average of 313,356 units at $1,738,466 compared to 285,100 units at $1,757,810 on the previous day and September ending with an average of 218,512 units at $1,768,691.
JMMB Group 7.25% preference share due 2024 led trading with 20.02 million shares for 68.7 percent of total volume followed by Wigton Windfarm with 4.62 million units for 15.9 percent of the day’s trade and Transjamaican Highway with 1.14 million units for 3.9 percent of the day’s trade.
The All Jamaican Composite Index climbed 2,102.23 points to 346,114.55, the JSE Main Index increased 2,691.19 points to 314,672.35 and the JSE Financial Index skidded 0.04 points to 68.35.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments gained 49 cents and ended at $72.98 after an exchange of 78,348 shares, Caribbean Cement lost 60 cents in closing at $49.40 after a transfer of 2,052 stock units, Caribbean Producers increased $1.20 to end at $10.44 and closed with an exchange of 6,210 stocks, Eppley Caribbean Property Fund declined $3 to close at $36.50 with investors transferring 500 units. GraceKennedy rose $1.99 to $72.50 with 2,685 shares crossing the market, Jamaica Broilers rallied 96 cents to end at $33.96 as 9,738 stock units passed through the market, 
JMMB Group climbed $1.18 to $28.48 with traders dealing in 15,836 stocks, Kingston Wharves rose $3.78 in closing at $30.89 with stakeholders exchanging 3,149 units. Massy Holdings popped $2.89 to close at $99.99 in an exchange of 601 stocks, MPC Caribbean Clean Energy increased $11 and ended at $81 while exchanging 1,264 units, NCB Financial dipped 59 cents to close at $64.39 with 83,779 shares clearing the market. Sagicor Group dropped 99 cents to end at a 52 weeks’ low of $42 with shareholders swapping 220,189 stock units, Seprod skidded 50 cents to end at $69 with investors dealing in 98,134 units, Supreme Ventures rallied 54 cents to $26.94 in switching ownership of 98,573 stocks and Wisynco Group rose 95 cents in closing at $19 in trading 10,399 stock units.
In the preference segment, Jamaica Public Service 9.5% shed $95 to close at $2,900, with 15 shares crossing the market and 138 Student Living preference share advanced $8.70 and ended at $95.71 with an exchange of 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Junior Market stocks inched higher
Stocks were mostly higher at the end of trading on the Junior Market of the Jamaica Stock Exchange on Thursday, following a 13 percent fall in the volume of stocks traded, but with a 101 percent jump in value compared to Wednesday after trading took place in 41 securities compared with 43 on Wednesday and ended with 19 rising, 17 declining and five closing unchanged.
Investors traded 5,228,588 shares for $25,295,195 compared with 5,987,770 units at $12,559,771 on Wednesday.
Trading averaged 127,527 shares at $616,956 compared to 139,250 shares at $292,088 on Wednesday with the month to date, averaging 192,899 units at $461,941 compared with 200,876 stock units at $443,025 on the previous day and September with an average of 220,239 units at $459,425.
Main Event led trading with 1.02 million shares for 19.5 percent of total volume followed by Indies Pharma with 669,336 units for 12.8 percent of the day’s trade and MFS Capital Partners with 525,900 units for 10.1 percent market share.
At the close, the Junior Market Index rose 19.78 points to conclude trading at 3,895.51.
The Junior Market ended trading with an average PE Ratio of 10.8, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Access Financial advanced 94 cents to $28.44 in switching ownership of a mere 15 shares, AMG Packaging increased 11 cents in closing at $2.51 after investors traded 3,975 stock units, Cargo Handlers gained 50 cents to close at $14.50 with shareholders swapping 280 units, Caribbean Cream climbed 79 cents to end at $4.40 after 7,850 stocks passed through the market. EduFocal skidded 15 cents to $1.25 while exchanging 5,132 units, Everything Fresh dipped 19 cents in closing at $1.40 with a transfer of 1,300 stock units, Fontana shed 19 cents and ended at $11.50 in an exchange of 105,941 shares, Future Energy dropped 18 cents to close at $3.41 as investors exchanged 96,514 stocks. GWest Corporation rose 9 cents to 99 cents after exchanging 552 stocks, Honey Bun fell 14 cents to end at $6.01, with 25,912 units changing hands, 
Indies Pharma popped 6 cents to end at $2.96 after 669,336 stock units passed through the market, ISP Finance dropped $6.15 and ended at $37.85 with investors dealing in just 70 shares. Jamaican Teas rallied 33 cents in closing at $2.63 with 51,576 units clearing the market, Jetcon Corporation popped 16 cents to $1.04 in trading 383 stocks, Lasco Financial lost 17 cents to close at $1.76 with traders dealing in 104,000 shares, Lasco Manufacturing advanced 44 cents to close at $4.94 with stakeholders exchanging 16,100 stock units. Mailpac Group increased 6 cents to end at $2.09 with an exchange of 161,203 stocks, Main Event rallied $1.40 in closing at $15.45 after an exchange of 1,018,980 stock units, 
Medical Disposables declined 20 cents to $4 after a transfer of 3,899 shares and Regency Petroleum climbed 7 cents and ended at $2.12 with an exchange of 148,806 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks hit rising ones on Trinidad Exchange
Trading on Thursday ended with just three stocks rising, eight declining and six ending unchanged following activity in 17 securities compared to 16 ended on Wednesday on the Trinidad and Tobago Stock Exchange, with the volume of stocks traded rising 100 percent with the value marginally more than on Wednesday.
Investors exchanged 181,247 shares for $1,483,387 versus 90,677 stock units at $1,457,104 on Wednesday.
An average of 10,662 units were traded at $87,258 compared to 5,667 shares at $91,069 on Wednesday, with trading month to date averaging 15,448 shares at $137,952 compared with 16,038 units at $144,196 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index dipped 1.63 points to conclude trading at 1,209.89, the All T&T Index popped 0.37 points to 1,839.43, the SME Index dropped 3.43 points to settle at 76.56 and the Cross-Listed Index dipped 0.53 points to close at 75.07.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Angostura Holdings ended at $22.98, with 255 shares crossing the market, Ansa McAl remained at $57 after closing trading of 700 stocks, Endeavour Holdings fell $1.75 to end at $13.25 after an exchange of 226 units, First Citizens Group increased 10 cents and ended at $49.10 with a transfer of 890 stock units. FirstCaribbean International Bank declined 24 cents to $6.75 as investors exchanged 1,000 stocks, Guardian Holdings ended at $19 in switching ownership of 9,830 units, JMMB Group skidded 1 cent and ended at $1.40 with stakeholders exchanging 19,000 stock units, L.J. Williams B share shed 4 cents to close at $2.40 with an exchange of 93 shares. Massy Holdings slipped 4 cents in closing at $4.80 with 123,204 shares clearing the market, National Flour Mills remained at $1.60 in an exchange of 1,745 stocks, 
Point Lisas lost 43 cents to end at $3.07, with 1,000 units crossing the market, Prestige Holdings rallied 25 cents to $8.75 with traders dealing in 1,420 stock units. Republic Financial remained at $119.50, following 1,147 units crossing the exchange, Scotiabank ended at $72.50 with investors transferring 2,903 shares, Trinidad & Tobago NGL dipped 5 cents in closing at $12.95 in an exchange of 8,661 stocks, Unilever Caribbean rose 85 cents to end at $11.59 after trading of 6,921 stock units and West Indian Tobacco shed 1 cent to end at $10 while 2,252 stocks were exchanged.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
ISP jumps 94% & Lasco Distributors 70%
ISP Finance the leading price mover in the Junior Market jumped 94 percent for the year, to the end of September while Lasco Distributors soared 70% followed by Main Event, with a solid gain of 58 percent, Caribbean Assurance Brokers rose a robust 56 percent and Regency Petroleum up a respectable 46 percent and cross country passenger mover, Knutsford Express, 45 percent, to close out the top six winners against a decline by just 0.7 percent for the Junior Market over the same period.
The performance comes even as Jamaica’s Central Bank maintained a very tight monetary policy with interest rates on Certificate of Deposits close to 10 percent for most of the year so far.
Relatively high interest rates were only one part of the negative drag on the market. Profit results released during the period for several companies were lower than the comparative period in 2022 and investors hammered those stocks and by extension pressured the market index but rewarded most companies with growing profits, with higher prices.
Junior Market performance was vastly better than the Main Market with most of the top ten companies recording b increase in profits for the first half of the year over 2022.
ISP Finance, a microfinancing company led the Junior Market following news that two new directors with experience in the financial service sector and who had worked with in the past in arranging deals for them were appointed to the board. There was also speculation that the majority shares could probably change hands sooner rather than later. There is also the expectation for increased lending to customers is expected to impact revenues and profit positively following a decline in the half year profit when loans jumped to nearly a billion dollars from under $800 million. Lasco Distributors profits for the fiscal year to March jumped and was followed by improved results in the June Quarter as investors rewarded the performance with s solid price movement. Main Event continued to recover from the damage to revenues and profits during the COVID, bouncing back as profit more than doubled to $216 million from $104 million for the nine months to July. Movement in Caribbean Assurance Brokers’ stock price follows profit jumping from just $4.5 million in the June 2022 half year to $18 million this year. Regency Petroleum profit fell from $51 million to $25 million for the half year but hope for improved profits drove the stock with new gas stations being opened or to be opened. General Accident migrated from the Junior Market to the Main Market on the last day of the month, with the increased stock price spurred by profit surging 195 percent to $165 million in the 2023 half year.
Indies Pharma profit declined moderately for the nine months to June but was up 16 percent in the latest quarter, that performance does not warrant a 34 percent cut in the stock price to September but investors seem impatient with the progress of the company growth. 
Fesco stock price declined sharply for the period even as the net profits for the June quarter were marginally higher than that of the similar 2022 period, with revenues marginally higher. The stock price pulled back from heady levels in 2022 to adjust to the earnings in the last fiscal year of just under 23 cents per share with indications that it may not significantly improve in the current fiscal year to warrant the high premium it had in 2022. Fosrich, on the other hand, had a sharp decline in profits for the second quarter and the half year but it too enjoyed a big premium in the stock price in 2022, investors readjusted their expectations by marking the price down, although both stocks got a two day bounce at the end of September that improved their performance year to date. Lasco Financial had a third less profit in the 2023 fiscal year than the prior year and reported vastly poorer results in the third quarter to June and that seemed to have encouraged more selling of the stock. Revenues and profit bounced in the third quarter for Limners and Bards but are still down year to date compared with last year and that did not help the stock that lost value during the period. Edufocal profit bounced in 2023 and may not necessarily justify the 38 percent fall in the stock price, while iCreate had totally disastrous results in the 2022 fiscal year as well as in the first half of 2023, with the company’s performance continuing to raise questions about its future. Elite and CAC 2000 suffered a reversal in fortune that is reflected in the decline in stock prices of both companies.
Stocks tumble on JSE Main Market
Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 568 percent valued 52 percent more than on Tuesday, with 56 securities trading compared with 57 on Tuesday, with 14 rising, 26 declining and 16 ending unchanged.
A total of 55,453,072 shares were traded for $170,749,021 compared with 8,304,936 units at $112,080,292 on Tuesday.
Trading averaged 990,233 shares at $3,049,090 up from 145,701 shares at $1,966,321 on Tuesday and month to date, an average of 285,100 units at $1,757,810, compared to 183,065 units at $1,570,958 on the previous day. September closed with an average of 218,512 units at $1,768,691.
JMMB Group 7.25% preference share due 2024 led trading with 50 million shares for 90.2 percent of total volume followed by Transjamaican Highway with 1.78 million units for 3.2 percent of the day’s trade and Wigton Windfarm with 671,843 units for 1.2 percent market share.
The All Jamaican Composite Index lost 3,204.87 points to finish at 344,012.32, the JSE Main Index declined 2,768.86 points to settle at 311,981.16 and the JSE Financial Index fell 0.62 points to conclude trading at 68.39.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints dipped 45 cents to close at $6.99 with an exchange of 14,778 shares, Caribbean Cement declined $1.50 in closing at $50 after a transfer of 9,223 stock units, Eppley increased 67 cents and ended at $33 in switching ownership of 1,585 stocks, Eppley Caribbean Property Fund jumped $8 to $39.50, with 2,977 units crossing the exchange, GraceKennedy dropped $4.34 to end at $70.51 after trading of 519,056 stocks, Jamaica Broilers shed 99 cents to close at $33, with 8,289 units crossing the market, Jamaica Stock Exchange gained 36 cents and ended at $9.86 with investors transferring 59,858 stock units, JMMB Group fell $1.18 to close at $27.30 after 71,949 shares crossed the market, 
Mayberry Investments popped 34 cents to end at $7.34 as investors exchanged 21,264 stock units, Proven Investments skidded 54 cents in closing at $21.26 with a transfer of 11,253 stocks, Sagicor Group rose 89 cents in closing at $42.99 in an exchange of 8,554 shares, Scotia Group advanced 80 cents to end at $33.75 after 19,851 units changed hands and Wisynco Group lost $2.65 and ended at $18.05 after 84,786 stocks passed through the market.
In the preference segment, Eppley 7.25% preference share dropped $1.25 to $18.70 with investors dealing in 2,000 shares, Eppley 7.50% preference share rallied 41 cents to close at $6 with 26,945 stock units changing hands, Jamaica Public Service 7% fell $2 to end at $48 in trading 414 units, 
Jamaica Public Service 9.5% skidded $105 to $2995 with stakeholders exchanging 31 stocks and JMMB Group 7% preference share popped 41 cents and ended at $2.28 with the swapping of 27 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Most Junior Market stocks drop Wednesday
Stocks mostly declined at the close of trading on the Junior Market of the Jamaica Stock Exchange on Wednesday, with the volume of stocks traded declining 52 percent and the value 57 percent lower than Tuesday with 43 securities trading compared with 43 on Tuesday and ended with 11 rising, 23 declining and nine closing unchanged.
Investors traded 5,987,770 shares for $12,559,771 down from 12,574,790 units at $28,994,764 on Tuesday.
Trading averaged 139,250 shares for $292,088, compared to 292,437 shares at $674,297 on Tuesday with the month to date, averaging 200,876 units at $443,025 compared with 209,920 stock units at $465,177 on the previous day. September closed with an average of 220,239 units at $459,425.
Mailpac Group led trading with 2.25 million shares for 37.6 percent of total volume followed by Fosrich with 635,971 units for 10.6 percent of the day’s trade and iCreate with 505,004 units for 8.4 percent market share.
At the close, the Junior Market Index climbed 18.93 points to 3,875.73.
The Junior Market ended trading with an average PE Ratio of 10.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial rallied $3.50 and ended at $27.50, with 5,512 shares passed through the market, AMG Packaging climbed 10 cents to close at $2.40 after 78 units crossed the exchange, Cargo Handlers lost 50 cents to end at $14 in trading 1,541 stock units, Caribbean Assurance Brokers rose 6 cents to close at $3.06 after a transfer of a mere 500 stocks. Caribbean Cream skidded 35 cents in closing at $3.61 after exchanging a mere 100 shares, Dolphin Cove shed 18 cents to end at $16.20 with traders dealing in 801 stock units, Fontana fell 9 cents and ended at $11.69, with 14,138 units crossing the market, Future Energy popped 29 cents to close at $3.59 in switching ownership of 369,993 shares. 
GWest Corporation declined 9 cents in closing at 90 cents in an exchange of 500 shares, Honey Bun advanced 6 cents to $6.15 with shareholders swapping 3,854 stock units, Jetcon Corporation dropped 13 cents to 88 cents with 99,954 stocks clearing the market, Lasco Distributors dipped 6 cents in closing at $4.20 after 4,255 units changed hands. Lasco Financial skidded 7 cents to close at $1.93 while exchanging 7,377 stock units, Lasco Manufacturing dropped 13 cents and ended at $4.50 with investors dealing in 111,803 stocks, Lumber Depot shed 10 cents to end at $2.42, with 5,284 units crossing the market, Mailpac Group dipped 7 cents and ended at $2.03 in an exchange of 2,250,400 shares. Main Event fell $1.45 to close at $14.05 in trading 10,749 shares, MFS Capital Partners declined 10 cents in closing at $2 after an exchange of 109,607 stocks, Stationery and Office Supplies gained 7 cents to end at $1.81 with a transfer of 120,990 units, 
Tropical Battery fell 9 cents to $1.90 and closed with 76,098 stock units changing hands and tTech declined 10 cents to close at $2.10 with investors transferring 450 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks dominate Trinidad market
Declining stocks dominated trading on the Trinidad and Tobago Stock Exchange on Wednesday, following an exchange of 16 securities compared with 19 on Tuesday, and ended with only one stock rising, seven declining and eight remaining unchanged and resulted in a 34 percent decline in the volume of stocks traded with a 50 percent lower value than on Tuesday.
Trinidad & Tobago Stock Exchange Head Quarters
Investors exchanged 90,677 shares at $1,457,104 down from 136,863 stock units at $2,907,508 on Tuesday.
An average of 5,667 units were traded at $91,069 compared to 7,203 shares at $153,027 on Tuesday, with trading month to date averaging 16,038 shares at $144,196 compared with 17,398 units at $151,164 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index dipped 2.12 points to 1,211.52, the All T&T Index shed 4.02 points to settle at 1,839.06, the SME Index ended unchanged at 79.99 and the Cross-Listed Index dipped 0.01 points to 75.60.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and four with lower offers.
At the close, Agostini’s remained at $68, with 50 shares clearing the market, 
Angostura Holdings ended at $22.98 as investors exchanged 50 units, Ansa McAl declined 20 cents to $57 and closed with an exchange of 4 stocks, Calypso Macro Investment Fund remained at $23 with 50 units crossing the market. First Citizens Group shed 5 cents in closing at $49 with investors trading 110 stocks, FirstCaribbean International Bank dropped 1 cent to end at $6.99 while exchanging 899 stocks, GraceKennedy ended at $3.75 after the trading of 2,860 units, JMMB Group remained at $1.41 with an exchange of 5,045 shares. Massy Holdings lost 4 cents and ended at $4., with 44,551 shares changing hands, National Enterprises fell 1 cent to $3.54 after a transfer of 700 units, Prestige Holdings ended at $8.50 with a transfer of 2,929 stocks, 
Republic Financial advanced 50 cents in closing at $119.50, with 1,712 stock units passed through the market. Scotiabank ended at $72.50 in switching ownership of 10,000 stocks, Trinidad & Tobago NGL closed at $13, with 7,028 stock units crossing the exchange, Unilever Caribbean skidded 86 cents to end at a 52 weeks’ low of $10.74, with 13,689 units crossing the market and West Indian Tobacco dipped 4 cents to $10.01 with investors dealing in 1,000 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Pension fund buys push Wisynco to one year high
Usually, reliable reports indicate that pension funds bought into Wisynco stock on Tuesday, helping to drive the price up to a 52 weeks’ high of $20.70, with above average volume on a day when trading activity on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded declining 5 percent and the value jumping 118 percent over Monday.
Following the rise in the price of Wisynco, Seprod jumped $4.05 and GraceKennedy by $2.85 but they failed to prevent the market from declining as declines of $11 in MPC Caribbean Energy, $2.57 drop in Eppley, $2.40 in Sagicor Group, $1.43 for Barita, $1.16 in Massy Holdings and 90 cents in NCB Financial weighted down the market.
Similar to Monday, trading took place in 57 securities, with prices of 21 rising, 20 declining and 16 ending unchanged.
Trading activity ended with an exchange of 8,304,936 shares for $112,080,292 compared with 8,771,432 units at $51,325,289 on Monday.
Trading averaged 145,701 shares at $1,966,321 versus 153,885 shares at $900,444 on Monday and month to date, an average of 183,065 units at $1,570,958, compared with 189,519 units at $1,502,668 on the previous day and September with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 2.97 million shares for 35.8 percent of total volume followed by Wisynco Group with 2.16 million units for 26 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 953,613 units for 11.5 percent of market share.
The All Jamaican Composite Index dropped 1,099.83 points to 347,217.19, the JSE Main Index declined 1,262.05 points to finish at 314,750.02 and the JSE Financial Index skidded 0.84 points to end at 69.01.
The Main Market ended trading with an average PE Ratio of 11.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
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 declined $1.43 to close at $72.49 in an exchange of 67,529 shares, Caribbean Cement advanced 80 cents to $51.50 after trading 504,129 stock units, Caribbean Producers skidded 39 cents in closing at $9.31 with a transfer of 4,631 units, Eppley fell $2.57 to end at $32.33 with investors dealing in 766 stocks. 
Eppley Caribbean Property Fund rallied $1.50 and ended at $31.50 after an exchange of 1,256 stock units, First Rock Real Estate lost 40 cents to close at $8 with an exchange of 5,712 stocks, GraceKennedy climbed $2.85 in closing at $74.85 in trading 5,933 shares, Jamaica Producers popped 95 cents and ended at $19.95, with 31,485 units crossing the market. JMMB Group ralled 48 cents to $28.48 in an exchange of 13,788 units, Kingston Properties increased 33 cents to $7.44 with 910 stock units clearing the market, Massy Holdings shed $1.16 to $97.10, with 44,764 shares changing hands, MPC Caribbean Clean Energy dipped $11 and ended at $70 while exchanging 1,764 stocks. NCB Financial dropped 90 cents to close at $65 after 37,789 shares crossed the market, Pan Jamaica rose 96 cents to end at $50.46 with stakeholders exchanging 488 stock units, Proven Investments rose 55 cents in closing at $21.80 after investors traded 6,562 stocks, Sagicor Group fell $2.40 to a 52 weeks’ low of $42.10 and closed with 293,465 units changing hands. Seprod advanced $4.05 in closing at $69.30 after a transfer of 127 units, Supreme Ventures increased 40 cents to close at $26.40 with investors trading 11,352 stocks and Wisynco Group gained $2.68 and ended at a 52 weeks’ high of $20.70 as investors exchanged 2,156,605 stock units.
In the preference segment, Eppley 7.50% preference share shed 41 cents to end at $5.59 with traders dealing in 12,060 shares, Jamaica Public Service 7% climbed $10 to close at $50 in switching ownership of 232 stocks, JMMB Group 7% preference share dipped 42 cents to end at $1.87 passed through the market 5,222 stock units and 138 Student Living preference share rallied $2.01 and ended at $87.01 crossing the market 62 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD trading slips on Tuesday
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 78 percent valued 63 percent lower than on Monday, resulting in trading of five securities, compared to six on Monday with one rising, four declining.
Trading concluded with an exchange of 129,260 shares at US$4,240 down from 576,968 units at US$11,519 on Monday.
Trading averaged 25,852 units for US$848, down from 96,161 shares at US$1,920 on Monday, with a month to date average of 49,227 shares at US$1,322 compared to 52,224 units at US$1,382 on the previous day. September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index dropped 0.85 points to finish at 243.00.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At close of trading, Margaritaville climbed 2.84 cents to 12.35 US cents with investors trading just one share, Sterling Investments dropped 0.04 of a cent to 1.79 US cents with 578 units clearing the market, Sygnus Credit Investments lost 0.14 of a cent in closing at 8.81 US cents with investors trading 12,478 units and Transjamaican Highway dipped 0.01 of a cent and ended at 1.7 US cents in switching ownership of 116,103 stocks.
In the preference segment, Productive Business Solutions 9.25% preference share shed 50 cents to close at US$11.50 after 100 stock units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising stocks jumped sharply in Trinidad
Trading picked up on the Trinidad and Tobago Stock Exchange on Tuesday, with a 227 percent jump in the volume of stocks traded following a 322 percent surge in value compared with Monday and resulted in rising stocks outpacing those that declined, with investors trading in 19 securities, up from just 14 on Monday, with the market ending with prices of 10 stocks rising, two declining and seven remaining unchanged.
Investors exchanged 136,863 shares for $2,907,508 versus 41,915 stock units at $689,675 on Monday.
An average of 7,203 units were traded at $153,027 compared to 2,994 shares at $49,262 on Monday, with trading month to date averaging 17,398 shares at $151,164 compared with 19,279 units at $150,820 on the previous day. The average trade for September amounts to 21,948 shares at $198,506.
The Composite Index advanced 4.24 points to end at 1,213.64, the All T&T Index popped 1.78 points to close at 1,843.08, the SME Index gained 0.24 points to end at 79.99 and the Cross-Listed Index climbed 0.96 points to end at 75.61.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and four with lower offers.
At the close, Angostura Holdings remained at $22.98 with a transfer of 1,940 shares, Calypso Macro Investment Fund increased 50 cents to $23 after a transfer of 30 units, Endeavour Holdings rallied 5 cents to $15 in an exchange of 262 stock units, First Citizens Group climbed 5 cents to $49.05, with 8,756 stocks crossing the exchange. 
FirstCaribbean International Bank rose 2 cents to $7 with traders dealing in 2,540 units, GraceKennedy rose 35 cents to close at $3.75 after an exchange of 140 shares, Guardian Holdings ended at $19 with investors transferring 3,900 stock units, Guardian Media ended at $2.01 with investors dealing in 500 stocks. JMMB Group remained at $1.41 while exchanging 5,000 units, Massy Holdings advanced 3 cents and to $4.88 as investors exchanged 7,711 stocks, National Enterprises ended at $3.55 with investors trading 81,600 shares, National Flour Mills popped 8 cents to end at $1.60 with 2,000 stock units clearing the market. One Caribbean Media dropped 48 cents in closing at $3.30 with shareholders swapping 220 stocks, 
Prestige Holdings ended at $8.50 in switching ownership of 1,111 shares, Republic Financial dropped 75 cents to a 52 weeks’ low of $119 after an exchange of 14,984 units, Scotiabank ended at $72.50 with 2,053 stock units being traded. Trinidad & Tobago NGL increased 10 cents to end at $13 with 450 shares crossing the market, Unilever Caribbean rose 5 cents in closing at $11.60 in trading 380 stocks and West Indian Tobacco advanced 5 cents and ended at $10.05 in an exchange of 3,286 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
