JSE Markets marking time

The Main market and the USD markets of the Jamaica Stock Exchange eked out gains on Thursday while the Junior Market declined, with the volume of stocks changing hands exceeding those on Wednesday fueled by a rise in the traded value.
At the close of trading, Guardian Holdings led stocks rising with a gain of $8 followed by Seprod up $4.17, Eppley rose $2 $2.49, NCB Financial a $1.87 and Massy Holdings off $1.45 and Jamaica Broilers up by $1,10. Declining stocks saw Eppley Caribbean Property Fund falling $3.80 followed by MPC Caribbean Energy Fund with a fall of $3.64 and GraceKennedy down $1.50.
At the close of trading, the JSE Combined Market Index popped 524.07 points to close at 324,399.50, the All Jamaican Composite Index popped 5.10 points to wrap up trading at 346,487.62, the JSE Main Index advanced 755.51 points to end at 311,709.42. The Junior Market Index shed 21.06 points to close at 3,661.32 and the JSE USD Market Index inched 0.13 points higher to finish at 223.89.
Investors traded 22,170,439 shares, in all three markets, up from 11,954,522 units on Wednesday. The value of stocks traded on the Junior and Main markets amounts to a mere $63.54 million up from $48.78 million on Wednesday. The JSE USD market closed after 10,110 shares were traded, for US$968 compared to 730,855 units at US$13,102 on Wednesday.
In the preference segment, 138 Student Living preference share fell $24 and ended at $90.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21 on 2022-23 earnings and 13.6 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Steady trading on the JSE Main Market

Trading activity was steady on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded virtually the same as the day before but with a value that was 31 percent more than on Tuesday, with trading in 54 securities compared with 51 on Tuesday, as the market closed with prices of 15 stocks rising, 21 declining and 18 ending unchanged.
A total of 6,457,532 shares were traded for $38,558,222 compared to 6,426,800 units at $29,546,040 on Tuesday.
Trading averaged 119,584 shares at $714,041 compared to 126,016 units at $579,334 on Tuesday. Trading for the month to date, averages 146,984 units at $1,215,126 compared to 150,457 units at $1,278,643 on the previous day. November closed with an average of 275,587 units at $2,488,949.
Transjamaican Highway led trading with 1.95 million shares for 30.3 percent of total volume followed by Wigton Windfarm with 1.43 million units for 22.1 percent of the day’s trade and Sagicor Select Financial Fund with 1.14 million units for 17.6 percent of the day’s trade.
The All Jamaican Composite Index increased 384.80 points to wrap-up trading at 346,482.52, the JSE Main Index skidded 173.48 points to end at 310,953.91 and the JSE Financial Index remained at 67.44.
The Main Market ended trading with an average PE Ratio of 12.9. 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 around August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close of trading, AS Bryden lost 32 cents to close at $29.08, with 391 stocks crossing the market, Berger Paints rallied 64 cents to $6.64 with a transfer of 100 units, Eppley fell $2.49 in closing at $33 with 115 shares crossing the exchange. Eppley Caribbean Property Fund shed 50 cents to end at $39, with 877 stock units changing hands, GraceKennedy rose $2 and ended at $76 with investors trading 170,596 shares, Guardian Holdings climbed $2 to $392, with 100 stocks crossing the market. Jamaica Broilers popped 40 cents to close at $33.90 with stakeholders exchanging 31,624 units, JMMB Group dropped 75 cents to end at $25 after a transfer of 20,610 stock units, Kingston Wharves advanced $1.41 in closing at $28.41 with investors dealing in 326 shares. Massy Holdings skidded $1.44 and ended at $88.50 after trading 7,907 units, NCB Financial declined $1.85 to $65.10 as investors exchanged 18,211 stocks, Pan Jamaica dipped 50 cents in closing at $49 in the trading of 4,724 stock units. Proven Investments gained 41 cents to end at $23.41 after an exchange of 1,178 shares, Sagicor Group lost $1.98 and ended at $40 after 3,134 stocks passed through the market, Seprod increased 73 cents to close at $70.73 while exchanging 3,149 units. Supreme Ventures dipped 39 cents to $24.51, with 57,191 stock units clearing the market and Sygnus Credit Investments climbed 73 cents to close at $11.43 in an exchange of 39,186 shares,
In the preference segment, Eppley 7.50% preference share increased $1.26 and ended at $6.76 with traders dealing in 29 stocks. Jamaica Public Service 7% fell $1.50 to end at $44.50 after an exchange of 447 units, JMMB Group 7% preference share popped 45 cents in closing at $2.49 with 2 stock units changing hands and Productive Business Solutions 9.75% preference share skidded $11.15 to $105 in an exchange of 10 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Market closed with mixed fortunes

Trading levels rose on the Jamaica Stock Exchange on Wednesday, with the volume of stocks changing hands exceeding the near 10 million shares on Tuesday fueled by a rise in value and resulting in the Main Market and Junior Market declining and the USD market closing marginally higher as Main Market stocks dominated.
Both GraceKennedy and Guardian Holdings led rising stocks  with a gain of $2, followed by Kingston Wharves up $1.141 but declining stocks held the upper hand with Eppley dropping $2.49, Sagicor Group with a loss of $1.98, followed by NCB Financial down $1.85 and Massy Holdings off $1.44.
The JSE Combined Market Index popped 524.68 points to close trading at 323,875.43, while the All Jamaican Composite Index rallied 384.80 points to end at 346,482.52, the JSE Main Index dipped 173.48 points to wrap up trading at 310,953.91. The Junior Market Index gave most of the 54.04 points gained on Tuesday with a drop of 41.33 points to settle at 3,682.38to settle at 3,723.71 and the JSE USD Market Index gained 1.76 points to close at
Investors traded 11,954,522 shares, in all three markets, down from 9,863,787 units on Tuesday. The value of stocks traded on the Junior and Main markets amounts to a mere $48.78 million up from $36 million on Tuesday. The JSE USD market closed after 730,855 shares were traded, for US$13,102 compared to 102,487 units at US$9,725 on Tuesday.
In the preference segment, Eppley 7.50% preference share increased $1.26 and ended at $6.76 Jamaica Public Service 7% fell $1.50 to  $44.5 and Productive Business Solutions 9.75% preference share skidded $11.15 to $105.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.2 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options in the local stock market successfully. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Trading dived on the JSE Main Market

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Trading activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining by just 4 percent, as the value plunged 68 percent compared to Monday, with trading of 51 securities down from 54 on Monday, with 18 rising, 15 declining and 18 ending unchanged.
A total of 6,426,800 shares were traded for $29,546,040 compared with 6,685,964 units at $92,499,615 on Monday.
Trading averaged 126,016 shares at $579,334 versus 123,814 units at $1,712,956 on Monday and month to date, an average of 150,457 units at $1,278,643, compared with 153,781 units at $1,373,749 on the previous day, down sharply from November with an average of 275,587 units at $2,488,949.
Wigton Windfarm led trading with 3.03 million shares for 47.2 percent of total volume followed by Transjamaican Highway with 1.12 million units for 17.4 percent of the day’s trade and Ciboney Group with 505,742 units for 7.9 percent market share.
The All Jamaican Composite Index declined 63.64 points to end the day at 346,097.72, the JSE Main Index rallied 477.68 points to end trading at 311,127.39 and the JSE Financial Index increased 0.19 points to conclude trading at 67.44.
The Main Market ended trading with an average PE Ratio of 13.4. 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 around August 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Producers increased 38 cents to $8.99 with an exchange of 28,284 units, Eppley Caribbean Property Fund climbed $3.50 to end at $39.50, with 500 stocks crossing the market, First Rock Real Estate popped 60 cents in closing at $7.45 with an exchange of 8,000 shares. GraceKennedy declined by $3 to $74 with shareholders swapping 16,173 stock units, Guardian Holdings fell $12.95 to close at $390 in switching ownership of 138 shares, Jamaica Producers rallied $1 to close at $23 after an exchange of 8,930 stocks. Jamaica Stock Exchange rose 94 cents and ended at $10.14 with investors dealing in 941 units, JMMB Group gained 65 cents to close at $25.75 after an exchange of 16,986 stock units, Key Insurance shed 52 cents in closing at $1.98, with 100,000 shares changing hands. Massy Holdings advanced 44 cents to end at $89.94 in an exchange of 93 stock units, NCB Financial rose $1.95 to $66.95, with 9,960 units crossing the market, Pan Jamaica dropped 26 cents to $49.50 in trading 4,904 stocks. Proven Investments advanced 50 cents to end at $23 and closed after 767 shares were traded, Sagicor Group popped $1.98 in to $41.98 after a transfer of 15,408 units, Seprod lost $2.90 to close at $70 with an exchange of 14,600 stocks. Supreme Ventures rallied 80 cents to $24.90 after 101,992 stock units passed through the market, Sygnus Credit Investments skidded 55 cents in closing at $10.70 with stakeholders exchanging 9,656 shares and Wisynco Group increased 96 cents to close at $20.96, with 18,115 stock units clearing the market.
In the preference segment, Eppley 7.50% preference share dipped $1.40 and ended at $5.50 with investors transferring 920 stocks and Jamaica Public Service 7% climbed $6 to end at $46 after exchanging 838 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big gains for Main Market stocks as Junior Market surges

Trading dropped sharply on the Jamaica Stock Exchange on Tuesday, with trading in less than 10 million shares compared to just over 14 million on Monday at a value that was a fraction of that on Monday’s and leading to a modest rise in the Main Market while the junior Market surged sharply from Monday’s close and the USD market closed marginally lower, but Main Market stocks dominated gainers with Eppley Caribbean Properties Fund jumping $3.50, Sagicor Group up $1.98, followed by NCB Financial $1.95, Jamaica Producers added $1, followed by Wisynco Group up $0.96 and Jamaica Stock Exchange $0.94. Stocks ending with notable declines are Guardian Holdings down $12.95, GraceKennedy down $3, followed by Seprod with a fall of $2.90.
At the close of trading, the JSE Combined Market Index popped 921.00 points to close at 324,400.11, the All Jamaican Composite Index slipped 63.64 points to end at 346,097.72, the JSE Main Index gained 477.68 points to close at 311,127.39. The Junior Market Index surged 54.04 points to settle at 3,723.71 and the JSE USD Market Index fell 1.83 points to 222.00.
Investors traded 9,863,787 shares, in all three markets, down from 14,395,216 units on Monday. The value of stocks traded on the Junior and Main markets amounts to a mere $36 million up from $104.42 million on Monday. The JSE USD market closed after 102,487 shares were traded for US$9,725 up sharply from 3,759 units at US$430 on Monday.
In the preference segment, Eppley 7.50% preference share dipped $1.40 and ended at $5.50 with investors transferring 920 stocks and Jamaica Public Service 7% climbed $6 to end at $46.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21 on 2022-23 earnings and 13.8 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to successfully navigate numerous investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational decisions when investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and place them on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
Dividends paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume pertaining to the highest bid and the lowest offer for each company.

Trading surges on JSE Main Market

Trading activity picked up on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks traded rising 14 percent and the value surging 367 percent more than on Friday, with trading in 54 securities compared with 52 on Friday and ended with prices of 16 rising, 24 declining and 14 ending unchanged.
A total of 6,685,964 shares were traded on Monday for $92,499,615 up from 5,872,659 units at just $19,826,535 on Friday.
Trading ended with an average of 123,814 shares at $1,712,956 up from 112,936 units at $381,280 on Friday. Trading for the month to date averaged 153,781 units at $1,373,749 compared with 158,823 stock units at $1,316,687 on the previous trading day and down from November, with an average of 275,587 units at $2,488,949.
Transjamaican Highway led trading with 1.58 million shares for 23.6 percent of total volume followed by JMMB Group with 1.13 million units for 16.9 percent of the day’s trade and Wigton Windfarm with 979,356 units for 14.6 percent market share.
At the close of the market, the All Jamaican Composite Index dropped 711.18 points to settle at 346,161.36, the JSE Main Index skidded 1,549.88 points to end the day at 310,649.71 and the JSE Financial Index slipped 0.05 points to wrap-up trading at 67.25.
The Main Market ended trading with an average PE Ratio of 12.8. 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 around August 2024.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Caribbean Cement lost $1.50 to close at $53 after trading 7,536 units, Caribbean Producers declined 47 cents to $8.61 after an exchange of 1,847 stocks, First Rock Real Estate fell 62 cents and ended at $6.85 with 75 shares clearing the market. Jamaica Broilers skidded $1.38 in closing at $33.50 in switching ownership of 12,794 stock units, Jamaica Producers dropped $1 to end at $22 while investors exchanged 634 shares, Key Insurance rose 30 cents in closing at $2.50, with 7,785 units crossing the market. Kingston Properties shed 47 cents to $6.93 as investors exchanged 2,170 stocks, Kingston Wharves dipped $1.49 and ended at $27 with shareholders swapping 1,060 stock units, Massy Holdings fell 50 cents to end at $89.50 after 24,519 shares passed through the market. NCB Financial skidded $2 to close at $65 with stakeholders exchanging 27,329 stock units, 138 Student Living lost 25 cents to $3.94, with 1,415 stocks crossing the market, Pan Jamaica gained $4.74 in closing at $49.76 with a transfer of 214 units. Sagicor Group shed $1 to end at $40, with 50,000 shares crossing the exchange, Scotia Group popped $1.70 to close at $34.70 after a transfer of 257,005 stock units, following release of full year results that surged 67 percent to $5.54 per share, with a net profit of $17.22 billion, as the group also reported that a dividend of 40 cents per share will be paid in January. Seprod advanced $1.40 and ended at $72.90 with traders dealing in 2,420 stocks. Stanley Motta climbed 34 cents to $6.03 in an exchange of 1,025 units and Supreme Ventures declined $1.60 in closing at $24.10 with investors transferring 561,862 shares,
In the preference segment, Eppley 7.50% preference share increased 33 cents to end at $6.90 after an exchange of 33 stock units and Jamaica Public Service 7% rallied 50 cents and ended at $40 with investors dealing in 485 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising stocks beat out Main Market decliners

Rising stocks ran riot over decliners on the Main Market of the Jamaica Stock Exchange ended on Friday, with trading in 52 securities as was the case on Thursday, and ended with gains in 26 in contrast to just 13 declining and 13 ending unchanged after the volume of stocks traded declined 52 percent and the value 86 percent lower than on Thursday
A total of just 5,872,659 shares were exchanged for a mere $19,826,535 down from 12,317,838 units at $140,029,195 on Thursday.
Trading for the day averaged 112,936 shares at $381,280 versus 236,882
units at $2,692,869 on Thursday and month to date, an average of 158,823 units at $1,316,687, compared with 167,693 units at $1,497,509 on the previous day, well down on November that closed with an average of 275,587 units at $2,488,949.
Transjamaican Highway led trading with 2.33 million shares for 39.7 percent of total volume followed by Wigton Windfarm with 1.51 million units for 25.8 percent of the day’s trade and Ciboney Group with 483,576 units for 8.2 percent market share.
The All Jamaican Composite Index jumped 2,477.78 points to close trading at 346,872.54, the JSE Main Index rallied 3,128.14 points to 312,199.59 and the JSE Financial Index popped 0.82 points to close at 67.30.
The Main Market ended trading with an average PE Ratio of 12.8. 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 around August 2024.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, AS Bryden increased $1.14 to end at $29.40 as investors exchanged 3,253 stocks, Caribbean Cement climbed $2 to $54.50, with 10,653 units changing hands, Eppley Caribbean Property Fund rose 80 cents in closing at $36 with stakeholders exchanging 51 shares. Jamaica Broilers gained 88 cents and ended at $34.88 with a transfer of 12,135 stock units, Jamaica Producers popped 99 cents to close at $23 while exchanging 86 shares, Kingston Properties shed 25 cents to close at $7.40 with traders dealing in 1,827 stock units. Kingston Wharves advanced $1.49 and ended at $28.49, with 853 units crossing the exchange, Massy Holdings rallied 50 cents to $90 with investors swapping 5,781 stocks, Mayberry Investments popped 59 cents in closing at $8.10 after an exchange of 16,339 shares. NCB Financial climbed $1.80 to close at $67 after 16,124 units passed through the market, 138 Student Living rose 27 cents to $4.19 with an exchange of 329 stocks, Proven Investments declined $1.18 in closing at $22.30, with 12 stock units clearing the market. Scotia Group lost $1.52 to end at $33 after a transfer of 29,724 shares, Seprod dipped $1.70 to close at $71.50, with 3,418 stock units crossing the market, Stanley Motta fell 35 cents and ended at $5.69 with investors dealing in 1,508 units. Supreme Ventures advanced 98 cents to $25.70 and closed with an exchange of 91,853 stocks and Sygnus Credit Investments gained 59 cents to end at $11.44 with investors transferring 84,858 units.
In the preference segment, Jamaica Public Service 7% dropped $6.50 in closing at $39.50 after an exchange of 15 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading up prices fall on JSE Main Market

Trading activity jumped on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising 59 percent and the value 175 percent more than on Wednesday, after trading in 52 securities compared with 55 on Wednesday and ended with prices of 20 rising, 22 declining and 10 ending unchanged.
A total of 12,317,838 shares were traded for $140,029,195 compared to just 7,745,089 units at $50,833,820 on Wednesday.
Trading averaged 236,882 shares at $2,692,869 compared to 140,820 units at $924,251 on Wednesday and month to date, an average of 167,693 units at $1,497,509 compared to 151,113 units at $1,211,063 on the previous day. November closed with an average of 275,587 units at $2,488,949.
Wisynco Group led trading with 3.07 million shares for 24.9 percent of total volume and accounted for $61.3 million of the value of stocks traded, followed by JMMB Group 7.5% with 2.49 million units for 20.2 percent of the day’s trade and Transjamaican Highway with 2.43 million units for 19.7 percent of the day’s trade.
The All Jamaican Composite Index declined 3,179.90 points to 344,394.76, the JSE Main Index fell 3,034.26 points to close at 309,071.45 and the JSE Financial Index dipped 1.17 points to lock trading at 66.48.
The Main Market ended trading with an average PE Ratio of 12.7. 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 around August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden dipped 99 cents to close at $28.26 while exchanging 29,972 stocks, Barita Investments popped 55 cents to $70.45 in trading 11,520 units, Berger Paints fell 59 cents to end at $6.10 after an exchange of 10,348 shares. Caribbean Cement declined $1.50 in closing at $52.50 in a swapping of 24,458 stock units, GraceKennedy gained $1 and ended at $77 with traders dealing in 57,351 shares, Guardian Holdings rose $3 to $403 after a transfer of 34 stocks. Kingston Wharves lost $1.35 to close at $27, with 2,428 units clearing the market, Margaritaville dropped 97 cents to end at $16 after trading 1,000 stock units, Mayberry Investments shed 58 cents in closing at $7.51 with investors dealing in 4,080 shares. Pan Jamaica skidded $4.78 and ended at $45.02 after 2,143 stocks passed through the market, Scotia Group advanced 97 cents to $34.52 with stakeholders exchanging 822,622 units, ahead of the likely announcement of an increase in dividend payment and a big jump in full year earnings to be made on Friday. Sterling Investments rallied 42 cents in closing at $2.48 in switching ownership of 21 stock units, Supreme Ventures fell 78 cents to end at $24.72 after an exchange of 101,770 shares, Sygnus Credit Investments dropped 25 cents and ended at $10.85 with a transfer of 53,546 stocks, Sygnus Real Estate Finance lost 44 cents to close at $9 as investors exchanged 56 units and Wisynco Group skidded 97 cents to $19.99 with shareholders swapping 3,067,300 stock units.
In the preference segment, 138 Student Living preference share jumped $24.07 to close at $114 in an exchange of just one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market bounce back

Advancing stocks were edged out by those declining in trading activity on the Jamaica Stock Exchange Main Market on Wednesday and yet the market indices managed to bounce with a number of the big losers on Tuesday enjoyed big rebounds even as the volume of stocks traded declined 41 percent with a 67 percent lower value than on Tuesday, after trading occurred in 55 securities as was the case on Tuesday and ended with 19 rising, 23 declining and 13 unchanged.
A total of 7,745,089 shares were traded for $50,833,820 versus 13,023,036 units at $151,822,598 on Tuesday.
Trading averaged 140,820 shares at $924,251 compared with 236,782 units at $2,760,411 on Tuesday and month to date, an average of 151,113 stocks at $1,211,063 compared to 154,608 units at $1,308,437 on the previous day. November closed with an average of 275,587 units at $2,488,949.
Radio Jamaica led trading with 2.04 million shares for 26.4 percent of total volume followed by Transjamaican Highway with 1.51 million units for 19.5 percent of the day’s trade and Ciboney Group with 910,919 units for 11.8 percent market share.
The All Jamaican Composite Index climbed 197.16 points to settle at 347,574.66, the JSE Main Index climbed 1,116.91 points to finish at 312,105.71 and the JSE Financial Index increased 0.73 points to culminate at 67.65.
The Main Market ended trading with an average PE Ratio of 12.7. 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 around August 2024.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of market activity, AS Bryden advanced $1.03 to $29.25 in an exchange of 3,385 stock units, Ciboney Group declined 29 cents and ended at $1.41 with 910,919 shares clearing the market, Eppley lost $1.01 to end at $35.49 as investors exchanged 34 units. First Rock Real Estate popped 50 cents in closing at $7.50 after the trading of 45,077 stocks, GraceKennedy climbed $1.99 to close at $76, with 89,572 shares, crossing the exchange, Guardian Holdings rose $100 to $400, with a mere 6 stock units changing hands. Jamaica Broilers gained 45 cents and ended at $34 with investors dealing in 14,361 units, Jamaica Producers increased 30 cents to end at $22 after an exchange of 1,880 stocks, Jamaica Stock Exchange dropped 54 cents in closing at $9.16 after 16,620 shares passed through the market. JMMB Group fell 75 cents to close at $25 with stakeholders exchanging 49,637 stocks, Key Insurance dropped 46 cents to $2.03, with 65,790 units crossing the market, NCB Financial shed $2.88 to close at $65.10 with traders dealing in 20,826 stock units. 138 Student Living skidded 27 cents and ended at $3.92 after an exchange of 24,380 shares, Pan Jamaica rallied $4.78 to end at $49.80 with investors transferring 67 stocks, Proven Investments popped $1.45 in closing at $23.48, with 634 units crossing the market. Sagicor Group climbed 25 cents to $41.25 with an exchange of 486,890 stock units, Sagicor Real Estate Fund increased 40 cents to end at $8.30 and closed with an exchange of 150 shares, Scotia Group lost 45 cents in closing at $33.55 with shareholders swapping 33,394 units. Seprod rallied 69 cents and ended at $72.99 while exchanging 12,041 stocks, Supreme Ventures shed 65 cents to close at $25.50 after a transfer of 210,385 stock units, Sygnus Real Estate Finance fell $1.05 to $9.44 in switching ownership of 819 shares and Wisynco Group rose 96 cents in closing at $20.96 in an exchange of 32,976 units.
In the preference segment, Productive Business Solutions 9.75% preference share advanced $16.15 to close at $116.15 in trading 30 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market hit by falling prices

Declining stocks clobbered those rising at the close of trading activity on the Jamaica Stock Exchange Main Market on Tuesday, with no stock gaining more than 65 cents while losers fell as much as $105 with Guardian Holding dropping to A 52 weeks’ low of $300, followed by Pan Jamaica with a loss of $5.41 and Seprod $4.70, on a day when the volume of stocks traded jumped 131 percent and the value surged 443 percent above Monday’s levels.
Trading ended with 55 securities changing hands compared with 53 on Monday and ended with prices of 16 rising, 29 declining and 10 unchanged, resulting in 13,023,036 shares traded for $151,822,598 up from 5,640,042 units at $27,974,248 on Monday.
Trading averaged 236,782 shares at $2,760,411 compared to 106,416 units at $527,816 on Monday and month to date, an average of 154,608 units at $1,308,437 versus 112,368 units at $562,096 on the previous day in contrast to November with an average of 275,587 units at $2,488,949.
Wisynco Group led trading with 5.18 million shares for 39.8 percent of total volume followed by General Accident with 1.46 million units for 11.2 percent of the day’s trade and Radio Jamaica with 1.01 million units for 7.7 percent of the day’s trade.
The All Jamaican Composite Index shed 3,347.62 points to end at 347,377.50, the JSE Main Index dumped 4,153.74 points to end trading at 310,988.80 and the JSE Financial Index skidded 1.25 points to lock up trading at 66.92.
The Main Market ended trading with an average PE Ratio of 12.5. 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 around August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, AS Bryden dipped $1.78 in closing at $28.22 with investors dealing in 567 stock units, Barita Investments lost 44 cents to close at $70.05 after a transfer of 4,128 shares, Caribbean Cement skidded $2.77 and ended at $54.21, with 1,443 units crossing the market. Caribbean Producers fell 30 cents to close at $9.18 with shareholders swapping 38,727 stocks, Eppley Caribbean Property Fund shed $4.30 to end at $35.20, with 860 shares changing hands, GraceKennedy declined $1.49 to $74.01 in an exchange of 87,234 stocks. Guardian Holdings dropped $104.99 to close at $300 with 200 units crossing the market, Jamaica Broilers lost 45 cents to end at $33.55 with a transfer of 34,649 stock units, Jamaica Producers dropped $1.30 in closing at $21.70 with an exchange of 1,347 shares. JMMB Group climbed 57 cents to $25.75 after investors traded 74,210 stocks, Key Insurance rose 49 cents to $2.49 after an exchange of 34,522 units, Kingston Properties advanced 65 cents in closing at $7.65 in trading 12,574 stock units. Massy Holdings fell 50 cents to close at $89.50 and closed with an exchange of 988 shares, NCB Financial skidded 52 cents to end at $67.98 with traders dealing in 19,128 stock units, Pan Jamaica declined $5.41 and ended at $45.02 in switching ownership of 111,040 stocks. Sagicor Group shed 50 cents to $41 after 32,712 units passed through the market, Sagicor Real Estate Fund dipped 40 cents in closing at $7.90 with investors transferring 20,295 shares and Seprod fell $4.70 and ended at $72.30 with just 3,104 units clearing the market.
In the preference segment, Jamaica Public Service 7% popped $1 to end at $46 with an exchange of 19 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.