Trading picks up on the JSE Main Market

Trading activity picked up on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded rising 218 percent and the value 110 percent more than on Wednesday, after trading in 52 securities compared with 57 on Wednesday, with 21 rising, 16 declining and 15 ending unchanged.
A total of 24,710,357 shares were traded for $217,998,595 compared with 7,774,565 units at $103,833,504 on Wednesday.
Trading averaged 475,199 shares at $4,192,281 compared with 136,396 shares at $1,821,640 on Wednesday and month to date, an average of 354,979 stock units at $5,031,174, compared with 347,633 units at $5,082,435 on the previous day. May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 13.02 million shares for 52.7 percent of total volume followed by Carreras with 3.54 million units for 14.3 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund with 2.67 million units for 10.8 percent market share, NCB Financial with 2.14 million units for 8.7 percent market share and Transjamaican Highway with 1.49 million units for 6 percent of total volume.
The All Jamaican Composite Index fell 993.11 points to 361,607.86, the JSE Main Index shed 1,951.96 points to 325,358.09 and the JSE Financial Index shed 0.02 points to end at 73.30.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 seven stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints fell 69 cents to end at $7.30, with 20,000 shares crossing the exchange, Caribbean Cement declined 50 cents in closing at $49.50 with investors transferring 1,682 units, Eppley dipped 49 cents to $36.50 in an exchange of 55 stocks. GraceKennedy shed 50 cents to close at $76.50 in an exchange of 29,451 stock units, Jamaica Producers popped 70 cents to $19.70 with an exchange of 500 units, Kingston Wharves advanced $1.94 to end at $29.95 while exchanging 1,300 stock units. Massy Holdings dropped $6 in closing at $95, with 20,052 shares crossing the market, Mayberry Investments gained 87 cents to close at $9 as investors exchanged 50,003 stocks, 138 Student Living lost 36 cents to close at $4.60 with a transfer of 179,651 units. Pan Jamaica Group rallied $1.50 and ended at $50.50 with shareholders swapping 4,634 stock units, Scotia Group fell $1.80 to end at $33 after investors traded 36,082 shares, Stanley Motta climbed 38 cents and ended at $5.18 after a transfer of 15,382 stocks and Sterling Investments rose 50 cents to close at $2.70, with 80 units changing hands.
In the preference segment,Jamaica Public Service 7% declined $8.80 in closing at $56 after 65 stocks were traded, JMMB Group 7.25% preference share increased 46 cents to $3.53 after exchanging 5 stock units and Productive Business Solutions 9.75%  preference share shed $1.99 to close at $90.01, with 2,245 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading back to the norm on JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining 75 percent accompanied by an 83 percent fall in the value compared with that on Tuesday, after 57 securities were traded compared with 55 on Tuesday, and resulting in the prices of 19 rising, 23 declining and 15 ending unchanged.
A total of 7,774,565 shares were traded for $103,833,504, down from 31,469,005 units at $596,839,341 on Tuesday.
Trading averaged 136,396 shares at $1,821,640 compared with 572,164 stocks at $10,851,624 on Tuesday. The average trade month to date is 347,633 shares at $5,082,435 versus 362,797 units at $5,316,522 on the previous day. May closed with an average of 226,361 shares at $1,362,447.

Transjamaican Highway led trading with 1.61 million shares for 20.6 percent of total volume followed by QWI Investments with 1.17 million units for 15 percent of the day’s trade, Sagicor Select Financial Fund ended with 1.16 million units for 14.9 percent market share and NCB Financial with 1.09 million units for 14 percent of total volume.
The All Jamaican Composite Index rose 1,549.13 points to settle at 362,600.97, the JSE Main Index increased 2,357.50 points to end at 327,310.05 and the JSE Financial Index rallied 0.24 points to 73.32.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 15 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Eppley Caribbean Property Fund lost $2.48 to close at $38.52 after 550 shares passed through the market, Guardian Holdings rallied $2.60 in closing at $453 after traders exchanged 995 stocks, Kingston Wharves dipped $1.94 to end at $28.01 with shareholders swapping 505 stock units. Massy Holdings jumped $6 to end at $101 in an exchange of 9,628 units, Mayberry Investments declined 87 cents and ended at $8.13 with investors transferring 22,278 stock units, NCB Financial rose 79 cents to $68 following the trading of 1,086,879 shares. 138 Student Living advanced 31 cents to end at $4.96 with a transfer of 1,207 shares, Pan Jamaica dipped 98 cents to $49 after trading 87,688 stocks, Sagicor Group climbed $1.99 in closing at $50.49 after an exchange of 27,382 units. Scotia Group gained 30 cents and ended at $34.80 in an exchange of 4,129 shares, Stanley Motta shed 38 cents to $4.80, with 59,495 stocks clearing the market and Sterling Investments fell 50 cents to close at $2.20 while exchanging 86,071 stock units.
In the preference segment, Jamaica Public Service 7% popped $8.45 in closing at $64.80, with 1,170 stocks crossing the market and Productive Business Solutions 9.75% preference share popped $1 to end at $92, with 1,040 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big fall for JSE USD Market

Trading ended with a 22 percent jump in the volume of stocks changing hands on Tuesday with the value rising 60 percent over Monday at the close of the Jamaica Stock Exchange US dollar market, resulting in nine securities trading, compared to four on Monday with one rising, six declining and two ending unchanged, with the US Denominated Equities Index dropping 20.38 points to 220.63.
A total of 934,268 shares were traded for US$32,448 compared with 764,260 units at US$20,272 on Monday.
Trading averaged 103,808 units at US$3,605 compared with 191,065 shares at US$5,068 on Monday, with a month to date average of 77,396 shares at US$2,423 compared to 74,695 units at US$2,303 on the previous day. May ended with an average of 43,350 units for US$2,759.
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 two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share remained at 5 US cents with 5,000 shares clearing the market, Productive Business Solutions dipped 27.54 cents in closing at US$1.5606 as investors exchanged 450 stocks  Proven Investments rose 0.02 of a cent to 15.72 US cents after a transfer of 102,198 stock units. Sterling Investments ended at 1.6 US cents with an exchange of 684,000 units, Sygnus Credit Investments dropped 1.59 cents to end at 9.4 US cents after investors traded 824 shares and Transjamaican Highway lost 0.07 of a cent in closing at 1.37 US cents and ended with 140,156 stock units changing hands.
In the preference segment, Equityline Mortgage Investment preference share declined 24.6 cents to end at a 52 weeks’ low of US$1.394, with 30 units changing hands, JMMB Group 5.75% shed 24 cents in ending at US$1.90 in an exchange of 560 stocks and JMMB Group 6% fell 13 cents to close at US$1.05 after exchanging 1,050 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on Main Market but prices fall

Trading picked up on the Jamaica Stock Exchange Main Market on Tuesday, with a 31 percent jump in the volume of stocks traded but with a 664 percent jump in the value compared to Monday with 55 securities trading compared with 56 on Monday and ended with prices of 15 rising, 26 declining and 14 ending unchanged.
A total of 31,469,005 shares were traded for $596,839,341 compared with 24,000,889 units at $78,140,528 on Monday.
Trading averaged 572,164 shares at $10,851,624 up from 428,587  shares at $1,395,367 on Monday and month to date, an average of 362,797 units at $5,316,522 compared with 347,215 units at $4,904,572 on the previous day. May closed with an average of 226,361 units at $1,362,447.
NCB Financial led trading with 6.45 million shares for 20.5 percent of total volume, Transjamaican Highway followed with 5.93 million units for 18.9 percent of the day’s trade, Mayberry Jamaican Equities finished with 5.0 million units for 15.9 percent market share, Mayberry Investments ended with 5.0 million units for 15.9 percent market share, Wigton Windfarm traded 4.66 million units for 14.8 percent market share and JMMB Group 7.35% due – 2028 ended with 1.59 million units for 5 percent of total volume.

The All Jamaican Composite Index fshed 3,269.39 points to end at 361,051.84, the JSE Main Index declined 2,465.86 points to 324,952.55 and the JSE Financial Index dipped 0.39 points to 73.08.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.2 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Eppley Caribbean Property Fund advanced $1 to $41, with  601 shares changing hands, First Rock Real Estate shed 36 cents to end at $10.10 while exchanging 7,468 units, Guardian Holdings fell $1.60 in closing at $450.40 in an exchange of 4,332 stocks. Jamaica Broilers gained 38 cents to close at $34.98, with 115,169 stock units crossing the market, Jamaica Producers dropped 70 cents and ended at $19 with investors trading 246 stock units, Jamaica Stock Exchange dipped 35 cents and ended at $11.50 after a transfer of 34,785 stocks. Margaritaville rallied 49 cents to $18.31 as investors exchanged 885 shares, Mayberry Investments rose 95 cents in closing at $9 after 5,001,032 units were traded, NCB Financial climbed 51 cents to end at $67.21 with stakeholders exchanging 6,445,289 units. Pan Jamaica Group increased 98 cents to close at $49.98 after 5,873 stock units passed through the market, Sagicor Group lost $1.40 to end at $48.50 as 7,678 stocks passed through the market, Salada Foods declined 40 cents to $2.79, with 26,725 shares crossing the exchange. Scotia Group shed 40 cents to close at $34.50 with a transfer of 44,411 shares, Supreme Ventures dropped 80 cents to end at $25.20 in an exchange of 202,573 units and Sygnus Real Estate Finance popped $1.50 in closing at $12.20 in switching ownership of just one stock unit.
In the preference segment, Jamaica Public Service 7% climbed $7.35 to $56.35 with 1,103 stocks clearing the market and Productive Business Solutions 9.75% preference share declined 50 cents and ended at $91 after exchanging 1,862 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market stocks jump

Stocks regained some of the grounds lost over the past three days in trading on the Jamaica Stock Exchange Main Market on Monday, after a 67 percent rise in the volume of stocks traded with a 39 percent higher value than on Friday, with trading in 56 securities compared with 58 on Friday, with 24 rising, 16 declining and 16 ending unchanged.
A total of 24,000,889 shares were traded for $78,140,528 up on the 14,340,680 units at $56,260,192 that were exchanged on Friday.
Trading averaged 428,587 shares at $1,395,367 compared with 247,253 shares at $970,003 on Friday and month to date, an average of 347,215 units at $4,904,572, compared with 340,544 units at $5,192,296 on the previous trading day. May averaged 226,361 units at $1,362,447.
Wigton Windfarm led trading with 14.03 million shares for 58.5 percent of total volume after the price closed at a 52 weeks’ high of 94 cents, Transjamaican Highway followed with 5.48 million units for 22.8 percent of the day’s trade and Sagicor Select Financial Fund with 1.52 million units for 6.3 percent of the day’s trade.
The All Jamaican Composite Index jumped 3,886.72 points to 364,321.23, the JSE Main Index surged 4,887.95 points to close at 327,418.41 and the JSE Financial Index inched 0.58 points higher to end at 73.47.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints advanced 97 cents in closing at $8.05 after investors exchanged a mere 753 shares, Caribbean Cement gained 81 cents to close at $50 with an exchange of 852 units, Eppley Caribbean Property Fund increased 50 cents to $40 after an exchange of 164 stocks. First Rock Real Estate rallied 46 cents to end at $10.46 with a transfer of 412 stock units, GraceKennedy declined $2 and ended at $77 after  59,587 shares were transferred, Guardian Holdings popped $1.95 to close at $452 with investors trading 2,821 stocks. Jamaica Stock Exchange climbed 82 cents to end at $11.85 with investors transferring 8,200 stock units, Kingston Properties rose 39 cents to $7.49 while traders exchanged 610 units, Kingston Wharves popped $1.95 and ended at $29.95 after trading 42,089 stock units. Margaritaville rose $2.57 in closing at $17.82 with stakeholders trading 558 shares, Massy Holdings climbed $5 to $95, with 344 stocks crossing the market, Mayberry Jamaican Equities advanced 99 cents to end at $11.29 with shareholders swapping 360 units. MPC Caribbean Clean Energy dropped $10.99 to close at $60.01 and closed after 12 shares changed hands, NCB Financial rallied $1 in closing at $66.70 in an exchange of 81,431 stock units.

Seprod increased $4.50 and ended at $75, with 103,732 stocks clearing the market, Supreme Ventures fell 49 cents to close at $26 in an exchange of 21,724 units and Wisynco Group shed 50 cents to $18, with 318,008 stock units changing hands.
In the preference segment, Jamaica Public Service 7% lost $7 to end at $49 in switching ownership of 46 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market stocks back at 2018 levels

The Jamaica Stock Exchange Main Market continued to lose ground on Friday, with declining stocks clobbering those advanced on a 2 to 1 basis, with the losers dominated by some of the largest capitalized stocks, resulting in a decline in the market index to the lowest point since August 2018, with the market closing down for the week and ending on Friday with a 31 percent decline in the volume of stocks traded with a 39 percent lower value than Thursday.
A total of 58 securities changed hands compared with 59 on Thursday and ended with 15 rising 29 declining and 14 unchanged as two stocks hit 52 weeks’ lows, with NCB Financial closing act is 52 weeks’ low of $65.70 while Salada Foods dipped to a 52 weeks’ intraday low of $2.51.
A total of 14,340,680 shares were traded for $56,260,192 compared with 20,658,946 units at $92,185,071 on Thursday.
Trading averaged 247,253 shares at $970,003 versus 350,152 units at $1,562,459 on Thursday and month to date, an average of 340,544 units at $5,192,296, compared to 349,201 shares at $5,584,125 on the previous day. May closed with an average of 226,361 units at $1,362,447.
Transjamaican Highway led trading with 4.70 million shares for 32.8 percent of total volume followed by Wigton Windfarm with 2.84 million units for 19.8 percent of the day’s trade, Sagicor Select Financial Fund chipped in with 1.23 million units for 8.6 percent market share and QWI Investments with 1.07 million units for 7.5 percent of total volume.

Several of the largest capitalized companies suffered big losses on Friday

The All Jamaican Composite Index fell 214.10 points to end at 360,434.51, the JSE Main Index slipped 843.81 points to 322,530.46 and the JSE Financial Index climbed 0.12 points to 72.89.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.1 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 ending with bids higher than their last selling prices and none with a lower offer.
At the close, Berger Paints dropped 99 cents to end at $7.08 after a transfer of 2,600 shares, Caribbean Cement dipped 94 cents in closing at $49.19 after an exchange of 2,659 stocks, Eppley popped $4 to close at $37, with 331 stock units crossing the exchange, Guardian Holdings shed $4.95 ended at $450.05 with shareholders swapping 885 units, Jamaica Producers gained 97 cents to $19.97 crossing the market 161 stocks, Jamaica Stock Exchange fell 97 cents in closing at $11.03 after an exchange of 161,640 stock units, Kingston Wharves declined $1.90 to $28 in switching ownership of 61,995 units, Massy Holdings lost $9.50 in ending at $90 with 25,621 shares clearing the market, Mayberry Investments fell 90 cents to $8.01 in an exchange of 180,766 stock units, Mayberry Jamaican Equities lost 84 cents to end at $10.30, with 599,395 units being traded, NCB Financial declined $1.30 to end at a 52 weeks’ low of $65.70 with an exchange of 87,054 stocks, Pan Jamaica Group dipped 99 cents to $49 in trading 1,166 shares  Proven Investments dropped $1.12 to close at $25.40 after an exchange 14,963 stock units, Sagicor Group gained $1.50 in closing at $50 as investors exchanged 3,140 stocks, Seprod advanced $3.49 and ended at $70.50 after 1,265 shares changed hands and Wisynco Group rallied 94 cents to end at $18.50 after  4,903 units crossed the market.
In the preference segment, Eppley 7.75% preference share rose $1 to close at $20 as 500 stock units passed through the market, Jamaica Public Service 9.5% climbed $22 to $3000 with stakeholders exchanging 2 shares and JMMB Group 7% preference share dipped 40 cents to $2 with investors transferring 8,333 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading gains for the JSE USD Market

Trading picked up on Friday on the Jamaica Stock Exchange US dollar market ended with a 2,914 percent rise in the volume of stocks changing hands valued at 159 percent more than on Thursday, resulting in the trading of 11 securities compared to five on Thursday with six rising, two declining and three ending unchanged.
A total of 992,059 shares were traded for US$15,037 compared to 32,918 units at US$5,796 on Thursday.
Trading averaged 90,187 units at US$1,367 versus 6,584 shares at US$1,159 on Thursday, with a month to date average of 69,154 shares at US$2,171 compared with 65,984 units at US$2,292 on the previous day. May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index increased 4.90 points to finish at 242.16.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. 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 two stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share advanced 1 cent to close at 5.5 US cents with 58 shares being traded, Margaritaville climbed 3.09 cents to end at 11.11 US cents with investors trading 35 units, MPC Caribbean Clean Energy rallied 5 cents to 60 US cents, with 11 stock units crossing the exchange. Proven Investments remained at 16 US cents after 1,150 stocks passed through the market, Sterling Investments declined 0.41 of a cent to close at a 52 weeks’ low of 1.59 US cents after investors traded 274,980 shares, Sygnus Credit Investments rose 0.99 cents to close at 10.99 US cents with investors transferring 35 stocks. Sygnus Real Estate Finance USD share shed 0.01 of a cent in closing at 10.99 US cents after a transfer of 35 stock units and Transjamaican Highway gained 0.02 of a cent to end at 1.44 US cents with stakeholders exchanging 715,660 units.
In the preference segment, Eppley 6% preference share ended at US$1.40 after exchanging 71 stocks, JMMB Group 5.75% increased 24 cents to end at US$2.14 with a transfer of 2 units and JMMB Group 6% ended at US$1.18 in an exchange of 22 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big trades dominate Main Market

Big bucks were exchanged in trading shares of Scotia Group, GraceKennedy and NCB Financial on Wednesday that swell trading to 29,208,655 shares for $724,590,730 compared with 54,343,616 units at $593,158,740 on Tuesday on the Jamaica Stock Exchange Main Market, with the volume of stocks traded declining 46 percent with a 22 percent higher value.
Trading ended with 55 securities changing hands compared with 56 on Tuesday, resulting in prices of 18 rising, 24 declining and 13 ending unchanged, resulting in the trading of an average of 531,066 shares at $13,174,377 compared to 970,422 shares at $10,592,120 on Tuesday and month to date, an average of 349,102 units at $6,003,345, up from 329,517 units at $5,231,512 on the previous day. Trading in May ended with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 7.45 million shares for 25.5 percent of total volume followed by Scotia Group with 4.85 million units for 16.6 percent of the day’s trade, GraceKennedy with 3.76 million units for 12.9 percent market share, NCB Financial with 3.05 million units for 10.4 percent market share, Transjamaican Highway with 3.03 million units for 10.4 percent market share and QWI Investments with 2.49 million units for 8.5 percent of total volume.
At the close of the market, the All Jamaican Composite Index shed 1,105.39 points to end at 360,982.14, the JSE Main Index dropped 1,861.20 points to 327,139.32 and the JSE Financial Index dipped 0.98 points to end at 72.90.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 nine stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints gained 40 cents to close at $7.50 in switching ownership of 7,990 shares, Eppley Caribbean Property Fund lost 50 cents in ending at $39.50 with stakeholders trading 1,156 units,  First Rock Real Estate shed 49 cents to end at $10 after 10,000 stocks passed through the market, Guardian Holdings dropped $10 to $475 with 215 stock units changing hands. Jamaica Broilers fell $1.74 in closing at $33.02 after an exchange of 26,800 units, JMMB Group rallied 49 cents to end at $28.99 with investors trading 25,215 stock units, Kingston Wharves advanced $1.75 to $29.75 after a transfer of 1,527 stocks, Margaritaville rose 57 cents ended at $15.20 with shareholders swapping 2,106 shares. NCB Financial declined $1 to $67 in trading 3,051,068 units, 138 Student Living dipped 45 cents in closing at $4.55, with 1,047,762 stocks crossing the market, Proven Investments popped $1.45 and ended at $26.95 after stakeholders exchanged 205 shares, Sagicor Group dropped 45 cents to $48.50 with an exchange of 52,303 stock units. Scotia Group dipped $2.64 in closing at $32.06 with a transfer of 4,846,189 stock units, Seprod climbed $1.90 to close at $71.90 with 102,837 stocks crossing the exchange, Sterling Investments increased 41 cents to end at $2.91 after an exchange of 8,440 units, Sygnus Real Estate Finance declined 80 cents to $11.20 as investors exchanged 299 shares, Wisynco Group shed 43 cents in closing at $17.87, with 587,233 stock units crossing the market.
In the preference segment, Eppley 7.25% preference share rose $2.85 to end at $19 in an exchange of 260,585 stocks and Jamaica Public Service 7% lost $1.99 in ending at $50.01 while exchanging 198 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading up for JSE USD Market

Trading picked up on the Jamaica Stock Exchange US dollar market on Wednesday, with the volume of stocks changing hands rising 118 percent valued 754 percent more than on Tuesday, resulting in seven securities traded, compared to three on Tuesday with two rising, four declining and one ending unchanged.
Overall, 289,060 shares were traded for US$34,073 compared with 132,703 units at US$3,992 on Tuesday.
Trading averaged 41,294 shares at US$4,868 compared to 44,234 units at US$1,331 on Tuesday, with a month to date average of 70,352 shares at US$2,375 compared with 73,686 units at US$2,089 on the previous day. Trading in May ended with an average of 43,350 units for US$2,759.
The US Denominated Equities Index climbed 1.86 points to conclude trading at 240.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6, 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 one stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share declined 0.5 of a cent and ended at 4.5 US cents after an exchange of 162,069 shares, Margaritaville shed 1.98 cents to close at a 52 weeks’ low of 8.02 US cents, with 2,000 stock units crossing the market. Proven Investments ended at 16 US cents with a transfer of 22,097 shares, Sterling Investments popped 0.3 of a cent in closing at 1.9 US cents after an exchange of 29 units. Sygnus Credit Investments fell 1 cent to 10 US cents after 99,000 shares were traded and Transjamaican Highway rose 0.01 of a cent to 1.45 US cents as investors exchanged just 2,865 stocks.
In the preference segment, Productive Business 9.25% preference share dipped 70 cents to close at US$12.80 with shareholders swapping 1,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big Transjamaican & Kingston Wharves’ trades

Transjamaican Highway led trading with 26.28 million shares controlling 48.4 percent of the total volume, followed by Kingston Wharves with 17.71 million units for 32.6 percent of the day’s trade as trading activity surged sharply over Monday on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of stocks traded rising 387 percent and the value 744 percent more than on Monday.
Trading occurred in 56 securities compared with 62 on Monday and ended with prices of 27 rising, 22 declining and seven unchanged as three stocks hit 52 weeks’ high and two 52 weeks’ low, stocks trading at 52 weeks’ high are Transjamaican closing at a record of $2.21, Sagicor Select MD  at 70 cents and Wigton Windfarms at 87 cents while Barita closed at a 52 weeks’ low of $73.95 and Eppley 7.25 Preference Share at $16.15.
At the close of trading, 54,343,616 shares were traded for $593,158,740, compared with 11,158,702 units at $70,313,195 on Monday.
Trading averaged 970,422 shares at $10,592,120 versus  179,979 shares at $1,134,084 on Monday and month to date, an average of 329,517 units at $5,231,512, compared with 250,636 units at $4,571,744 on the previous day. May closed with an average of 226,361 units at $1,362,447.
Other than Transjamaican Highway and Kingston Wharves that dominated trading, other leading trades are 138 Student Living ended with 2.11 million units for 3.9 percent market share, Wigton Windfarm with 2.08 million units for 3.8 percent market share, QWI Investments with 2.05 million units for 3.8 percent market share and Sagicor Select Financial Fund with 1.92 million units for 3.5 percent of total volume.
The All Jamaican Composite Index rallied 810.40 points to 362,087.53, the JSE Main Index rose 469.12 points to 329,000.52 and the JSE Financial Index popped 0.13 points to close trading at 73.88.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 ten stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints declined 57 cents to end at $7.10, with 985 shares clearing the market, Eppley popped $4.69 to $36.80 while exchanging 317 units, Eppley Caribbean Property Fund dipped $1 to $40 in switching ownership of 100 stock units, First Rock Real Estate increased 48 cents to close at $10.49 with shareholders swapping 920 stocks, GraceKennedy advanced 40 cents in closing at $78.90 with investors transferring 40,608 stocks, Jamaica Broilers rallied $1.26 to end at $34.76 with an exchange of 44,648 stock units, Kingston Wharves dropped $1.50 to close at $28 17,706,722 shares crossing the market, Margaritaville shed 34 cents to end at $14.63 in an exchange of 12,057 units, Massy Holdings fell 43 cents to close at $99.57 in an exchange of 1,962 shares, Mayberry Investments gained 46 cents and ended at $9 after a transfer of 119,549 units, NCB Financial climbed 50 cents to end at $68 in trading 16,338 stock units, 138 Student Living lost 51 cents to close at $5, with 2,114,160 stocks changing hands, Pan Jamaica Group rose $1.88 to $49.99, with 906 shares crossing the market,Sagicor Group popped 45 cents to $48.95 as investors exchanged 100,393 stocks, Scotia Group rallied $1.10 in closing at $34.70 after an exchange of 91,334 stock units, Seprod shed $2.40 to end at $70 with a transfer of 482 units, Stanley Motta advanced 36 cents and ended at $5.44 after exchanging 33,521 shares, Sterling Investments slipped 39 cents to $2.50 after 6,196 stocks passed through the market, Supreme Ventures increased $2.19 to close at $26.69 trading 52,974 units.
In the preference segment, Eppley 7.25% preference share declined $2.85 in closing at $16.15 with 50 stock units changed hands, Eppley 7.50% preference share climbed $1.19 to end at $7.39, with 220 units crossing the exchange, Jamaica Public Service 7% gained $2 in closing at $52 after a transfer of 200 stock units, Jamaica Public Service 9.5% fell $22 to close at $2978, with six shares crossing the market, 138 Student Living preference share rose $6.99 and ended at $87.99 in switching ownership of 7 stocks and Productive Business Solutions 9.75% preference share dipped $14.50 to $91.50 in trading seven units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.