Rising stocks had the upper hand over decliners in trading on the Jamaica Stock Exchange Main Market on Tuesday, following an 80 percent decline in the volume of stocks traded valued 49 percent less than Monday, following trading in 55 securities down from 59 on Monday, with 24 rising, 18 declining and 13 ending unchanged.
A total of 17,081,333 shares were exchanged for $87,212,275 versus 83,621,528 units at $169,448,467 on Monday.
Trading on Tuesday averaged 310,570 shares at $1,585,678 compared to 1,417,314 shares at $2,872,008 on Monday and month to date, an average of 324,461 units at $2,616,876, compared with 325,180 units at $2,670,281 on the previous day. In contrast, February closed with an average of 183,599 units at $2,160,070.
Transjamaican Highway led trading with 9.06 million shares for 53 percent of total volume followed by Wigton Windfarm with 2.16 million units for 12.6 percent of the day’s trade and Mayberry Jamaican Equities with 1.21 million units for 7.1 percent of market share.
The All Jamaican Composite Index popped 40.23 points to 365,236.19, the JSE Main Index rallied 2,546.17 points to 325,746.49 and the JSE Financial Index popped 0.16 points to close at 75.47.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.7 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasts by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints rallied 65 cents to $9.15 after a transfer of 150 shares, Caribbean Cement rallied $2.59 to $58.49 with the swapping of 5,002 stock units, Eppley Caribbean Property Fund gained $1 to close at $43 after exchanging 203 stocks. GraceKennedy climbed 50 cents to end at $82.50 after 9,092 units passed through the market, Guardian Holdings advanced $24 to $494 after an exchange of 181 shares, Jamaica Broilers popped $4.03 after ending at $37 with investors transferring 411,918 stocks. JMMB Group dipped 46 cents to close at $29.55 as investors exchanged 501,919 stock units, Kingston Properties rose 69 cents to $7.04 in an exchange of 183,876 units, Massy Holdings gained $7 in closing at $89 in trading 1,531 stock units. Mayberry Jamaican Equities lost $1.05 to end at $11.50 with 1,209,652 shares crossing the exchange, NCB Financial shed 99 cents in closing at $74, with 30,174 stocks changing hands, PanJam Investment climbed $1 to end at $54 after 14,552 units passed through the market. Portland JSX increased $1.57 after ending at $11.27 with 103 units changing hands, Proven Investments lost 50 cents to $26 in an exchange of 24,024 stock units, Sagicor Group rallied 45 cents to close at $47 in trading 5,002 shares. Scotia Group popped 88 cents to $34.94 with 129,877 stocks clearing the market, Seprod rose $8.87 to end at $69.88 while exchanging 21,814 stock units and Supreme Ventures advanced $1.50 to close at $27 in trading 358,872 stocks.
In the preference segment, Jamaica Public Service 7% declined by $94.99 after ending at $305 in switching ownership of 226 shares and Jamaica Public Service 9.5% increased by $200 in closing at $2,900 with an exchange of one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading volume surged 765 percent after 157 percent more money entered the Jamaica Stock Exchange Main Market on Monday compared to Friday and resulted in 59 securities trading, up from 55 on Friday, with 27 rising, 20 declining and 12 ending unchanged.
A total of 83,621,528 shares were exchanged for $169,448,467 versus 9,662,580 units at $65,850,660 on Friday.
Trading averaged 1,417,314 shares at $2,872,008 versus 175,683 units at $1,197,285 on Friday and month to date, an average of 325,180 units at $2,670,281, up from 260,937 units at $2,658,456 on the prior day. February averaged 183,599 units at $2,160,070.
Transjamaican Highway led trading with 75.63 million shares for 90.4 percent of total volume followed by Wigton Windfarm with 2.86 million units for 3.4 percent of the day’s trade and Sagicor Real Estate Fund with 905,709 units for 1.1 percent market share.
The All Jamaican Composite Index increased 2,102.98 points to 365,195.96, the JSE Main Index advanced 780.03 points to 323,200.32 and the JSE Financial Index fell 0.47 points to end at 75.31.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints fell 65 cents to $8.50 after trading 8,022 shares, Caribbean Cement dipped 60 cents in closing at a 52 weeks’ low of $55.90, with 14,091 units passing through the market, Caribbean Producers rose 53 cents to close at $9.60 after a transfer of 78,660 stock units. Eppley climbed $6.50 after ending at $37.50 as investors exchanged 299 stocks, First Rock Real Estate rallied 99 cents to end at $12 with a transfer of 625 units, GraceKennedy popped 50 cents after ending at $82, with 68,926 stock units changing hands. Guardian Holdings dropped $25 to close at a 52 weeks’ low of $470 with 1,890 stocks clearing the market, Jamaica Producers gained 75 cents to end at $21.75 after an exchange of 6,547 shares, Jamaica Stock Exchange rallied 86 cents to $13.86, with 774 stock units crossing the exchange. JMMB Group advanced $1.01 in closing at $30.01 after 50,284 stocks changed hands, Kingston Wharves gained $1 after ending at $33, with 1,413 units crossing the market, Massy Holdings climbed $2 to end at $82 after an exchange of 1,950 shares. NCB Financial rose $3.99 to close at $74.99, with 29,173 stocks crossing the market, PanJam Investment rallied 51 cents to $53 in an exchange of 696 units, Proven Investments lost $1.35 in closing at $26.50 with the swapping of 3,354 shares. Sagicor Group declined 45 cents to $46.55 with investors transferring 3,778 stock units, Scotia Group shed 89 cents to end at $34.06 in an exchange of 7,082 stocks, Seprod declined $5.41 after ending at $61.01 while exchanging 196,078 shares and Supreme Ventures advanced $1.25 to close at $25.50 and closed with 57,785 units changing hands.
In the preference segment, Eppley 7.50% preference share popped 47 cents in closing at $7.97 in switching ownership of 1,801 stock units, Jamaica Public Service 9.5% dropped $300 to close at $2700 in trading one stock and 138 Student Living preference share increased $7.43 in closing at $77.43 with investors transferring 30 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The Jamaica Stock Exchange Main Market recorded gains at the close on Friday, with trading picking up over Thursday, with 69 percent rise in volume traded at a 32 percent higher value than that on Thursday, with trading in 55 securities compared to 54 on Thursday, as prices of 20 rose, 22 declined and 13 ending unchanged.
A total of 9,662,580 shares were exchanged for $65,850,660 versus 5,709,003 units at $49,903,876 on Thursday.
Trading averages 175,683 units at $1,197,285 versus 105,722 shares at $924,146 on Thursday and month to date, an average of 260,937 units at $2,658,456, compared with 265,883 units at $2,743,184 on the previous day. February ended with an average of 183,599 units at $2,160,070.
Wigton Windfarm led trading with 4.91 million shares for 50.8 percent of the total volume Transjamaican Highway followed, with 1.19 million units for 12.3 percent of the day’s trade and Sagicor Select Financial Fund with 888,269 units for 9.2 percent market share.
The All Jamaican Composite Index rallied 861.71 points to 363,092.98, the JSE Main Index gained 1,262.43 points to close at 322,420.29 and the JSE Financial Index rose 0.58 points to settle at 75.78.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.2 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Caribbean Producers dipped 63 cents to end at $9.07, with 9,586 shares clearing the market, Eppley declined $6.50 in closing at $31 in an exchange of 2,900 stock units, Eppley Caribbean Property Fund advanced $3.98 to close at $42 with investors trading 1,440 units. First Rock Real Estate lost $1.05 to finish at $11.01 after trading 739 stocks, Guardian Holdings climbed $15 to $495, with 19 stocks crossing the exchange, Jamaica Broilers rallied 39 cents to $32.99 with a transfer of 57,338 stock units. Jamaica Producers increased 30 cents in closing at $21 after an exchange of 31,572 shares, Jamaica Stock Exchange fell 89 cents to $13 after exchanging 773 units, Kingston Wharves dropped $1.29 to $32 as investors exchanged 404 stocks. Margaritaville popped 64 cents to close at $17.64 in trading 66 shares, Massy Holdings shed $10 to close at $80, with 300,443 stock units changing hands, 138 Student Living rose 34 cents to $5.40 with an exchange of 4 units. PanJam Investment fell $1.51 to $52.49, with 464 shares crossing the market, Proven Investments shed 38 cents to end at $27.85, with 6,000 stock units passing through the exchange, Scotia Group gained 89 cents in closing at $34.95 after 8,027 units changed hands. Seprod declined 40 cents to close at $66.42 while exchanging 4,448 stocks, Sterling Investments dipped 31 cents to $2.65 in switching ownership of 850 units and Wisynco Group dropped 30 cents to $16.30 after a transfer of 48,199 stock units.
In the preference segment, Eppley 7.50% preference share lost 45 cents in closing at $7.50 in an exchange of 100 shares and Jamaica Public Service 7% gained $50 to a record high of $400 with the swapping of 1,295 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 63 percent and the value 20 percent more than on Wednesday, with trading in 54 securities compared to 50 on Wednesday, with 18 rising, 26 declining and 10 ending unchanged
A total of 5,709,003 shares were traded for $49,903,876 versus 15,400,994 units at $41,503,503 on Wednesday.
Trading averaged 105,722 shares at $924,146 versus 308,020 stocks at $830,070 on Wednesday and month to date, an average of 265,883 units at $2,743,229, compared to 275,557 units at $2,853,106 on the previous day. February closed with an average of  183,599 units at $2,160,070.
Wigton Windfarm led trading with 1.41 million shares for 24.6 percent of total volume, followed by Transjamaican Highway with 1.22 million units for 21.4 percent of the day’s trade and Sagicor Select Financial Fund with 770,011 units for 13.5 percent market share.
The All Jamaican Composite Index dropped 3,601.7 points to 362,231.27, the JSE Main Index fell 2,550.95 points to 321,157.86 and the JSE Financial Index lost 0.43 points to close at 75.20.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments advanced $1 to $81 trading 15,166 shares, Caribbean Cement fell 48 cents to close at $56.52 in an exchange of 62,955 units, Eppley Caribbean Property Fund dropped $2.39 to end at $38.02 after 4,269 stocks changed hands. GraceKennedy rose $1.50 in closing at $81.50 as investors exchanged 121,844 stock units, Jamaica Broilers lost 40 cents after ending at $32.60 in swapping of 39,738 stocks, Jamaica Producers declined $1.05 to close at $20.70 in switching ownership of 4,000 stock units. Jamaica Stock Exchange rallied 82 cents to $13.89, with 18,116 units crossing the market, JMMB Group shed 80 cents to end at $29.10 with investors transferring 78,082 shares, Key Insurance gained 50 cents in closing at $3.50, with 70,472 units crossing the market. Kingston Properties dipped 62 cents to $6.30, with an exchange of 133,315 stock units, Kingston Wharves increased $2.24 to $33.29 after a transfer of 5,235 stocks, Massy Holdings popped $10 in closing at $90 with an exchange of 35,865 shares. NCB Financial shed $1.50 to close at $71 with the swapping of 12,507 stock units, Portland JSX fell $1.59 to $9.90 with an exchange of 13,434 shares, Proven Investments climbed $1.73 to end at $28.23 while exchanging 907 stocks. Scotia Group dipped 88 cents to end at $34.06, with 13,977 units clearing the market, Seprod advanced $2.79 to close at $66.82, with 176,511 stocks changing hands, Sterling Investments increased 44 cents in ending at $2.96 after trading 13,068 units. Supreme Ventures lost 75 cents in closing at $24.25 in an exchange of 91,005 shares and Sygnus Real Estate Finance gained 77 cents to end at $9.97 with just one unit passed through the market.
In the preference segment, Jamaica Public Service 7% climbed $56.46 ending at another record high of $350 with a transfer of 2,037 stocks and Jamaica Public Service 9.5% popped $450 in closing at $3000 with the swapping of 3 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.