Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 168 percent with  231 percent higher value than Tuesday, with Barita Investments accounting for 49 percent of the total value of stocks traded on the Main Market after activity ended in 57 securities compared to 55 on Tuesday, with 19 rising, 21 declining and 17 ending unchanged.

Barita Investments headquarters

A total of 28,254,323 shares were traded for $365,934,690 versus 10,530,582 units at $110,705,795 on Tuesday.
Trading on Wednesday averaged 495,690 units at $6,419,907 versus 191,465 shares at $2,012,833 on Tuesday and month to date, an average of 226,546 units at $3,170,510, compared with 211,963 stock units at $2,994,449 on the previous day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 17.70 million shares for 62.6 percent of total volume, followed by Wigton Windfarm with 2.62 million units for 9.3 percent of the day’s trade, Barita Investments ended with 1.80 million units for 6.4 percent of the market, Pulse Investments with 1.26 million units for 4.4 percent of shares traded and Massy Holdings with 1.13 million units for 4 percent market share.
The All Jamaican Composite Index dropped 388.89 points to end at 408,412.37, the JSE Main Index shed 2,103.56 points to 356,047.27 and the JSE Financial Index popped 0.26 points to settle at 86.13.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments climbed $3.85 to $102.85 in trading 1,797,206 shares, Caribbean Cement popped $1.70 to end at $61, with 3,236 stock units crossing the market, Carreras gained 48 cents in closing at $8.88 after exchanging 58,865 stocks. Eppley dipped 40 cents to $38.50 after trading 500 units, First Rock Real Estate increased $1.75 to close at $13.75, with 133,786 units clearing the market, GraceKennedy dropped 80 cents to close at $90, with 116,985 stocks changing hands. Guardian Holdings fell $3 to $497 in an exchange of 114 shares, Kingston Wharves advanced $1 in ending at $37 as investors exchanged 2,918 stock units, Massy Holdings declined 55 cents in closing at $87.45, after 1,129,652 stocks changed hands. Mayberry Jamaican Equities rose $1.58 to end at $12.63 with an exchange of 141,470 shares, NCB Financial rallied $1 to end at $90, with a transfer of 100,439 stock units, Proven Investments shed $1.98 in closing at $30.02, with 4,100 units crossing the exchange. Salada Foods lost 47 cents in ending at $4.21 after exchanging 26,641 stocks, Seprod shed $2.47 to close at $64.53 in switching ownership of 16,339 units and Stanley Motta declined 40 cents to end at $4.50 after trading 33,339 shares and Supreme Ventures rose 40 cents to $27.50 with the swapping of 288,623 stock units.
In the preference segment, 138 Student Living preference share rallied $7.50 to close at $57.50 with investors transferring 256 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 14 percent as 56 percent more funds passed through the market than on Monday, following trading in 55 securities compared to 60 on Monday, with 17 rising, 21 declining and 17 ending unchanged.
At the close, 10,530,582 shares were exchanged for $110,705,795 ccompared to 12,287,344 units at $70,856,504 on Monday.
Wednesday’s trading averaged 191,465 units at $2,012,833 versus 204,781 shares at $1,180,942 on Monday and month to date, an average of 211,963 units at $2,994,449 versus 213,094 units at $3,048,601 on the previous day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 3.21 million shares for 30.5 percent of total volume followed by Pulse Investments with 2.50 million units for 23.7 percent of the day’s trade and Sagicor Select Financial Fund with 702,867 units for 6.7 percent market share.
The All Jamaican Composite Index declined 1,892.98 points to 408,801.26, the JSE Main Index fell 248.44 points to 358,150.83 and the JSE Financial Index rallied 0.39 points to settle at 85.87.
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 forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments popped $1 to $99, with 151,286 shares crossing the market, Caribbean Cement dipped $3.18 to $59.30 in an exchange of 144,468 stock units, Carreras declined 58 cents to $8.40 in trading 279,235 units. Eppley shed $2.10 to $38.90 with an exchange of 61 stocks, GraceKennedy fell $1.19 to close at $90.80 with investors transferring 75,728 units, Guardian Holdings rallied $5 to $500 with the swapping of 208 stocks. Jamaica Stock Exchange advanced 99 cents to $16.49 after 68,349 stock units crossed the market, Kingston Wharves lost $2 to close at $36 trading 12,169 shares, Massy Holdings gained $5.90 in closing at $88 after 530 stocks crossed the exchange. Mayberry Investments dropped 40 cents to close at $7.50 trading 352,655 shares, Mayberry Jamaican Equities dipped $1.95 to $11.05 as investors exchanged 80,083 units, 138 Student Living increased 96 cents to end at $6.50 after exchanging 5,015 stock units. PanJam Investment rose $1.49 in closing at $59.99, with 406,254 stock units clearing the market, Proven Investments climbed $1.80 to close at $32, with 22,884 units changing hands, Sagicor Group shed $2 in ending at $51.50 after an exchange of 35,774 shares. Scotia Group lost 50 cents to end at $35 in exchanging 1,276 stocks and Supreme Ventures declined 50 cents to $27.10 in switching ownership of 112,085 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 42 percent with an 85 percent lower value than on Friday, leading to gains in the major indices after 60 securities were exchanged compared to 58 on Friday, resulting in 23 rising, 27 declining and 10 ending unchanged.
Investors traded 12,286,844 shares for $70,856,504 against 21,314,565 units at $485,002,686 on Friday.
Trading averaged 204,781 shares at $1,180,942 versus 367,493 stock units at $8,362,115 on Friday and month to date, an average of 213,094 units at $3,048,601, against 213,626 units at $3,168,195 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 4.23 million shares for 34.4 percent of total volume, followed by Wigton Windfarm with 3.16 million units for 25.7 percent of the day’s trade and Sagicor Select Financial Fund with 2.52 million units for 20.5 percent market share.
The All Jamaican Composite Index advanced 3,865.75 points to 410,694.24, the JSE Main Index rallied 2,301.06 points to 358,399.27 and the JSE Financial Index gained 0.62 points to close at 85.48.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments gained $4 to close at $98 after trading 293,687 shares, Caribbean Cement popped $1.48 to $62.48 after 5,402 units crossed the exchange, Carreras increased 48 cents to $8.98 with a transfer of 63,210 stocks. Eppley climbed $2.51 to $41 in trading 2,335 stock units, First Rock Real Estate dropped $1.50 to $12 as investors exchanged 2,785 stock units, Guardian Holdings fell $24.97 to close at $495 in switching ownership of 712 units. Jamaica Stock Exchange declined 50 cents to $15.50, with 4,355 shares crossing the market, Kingston Properties advanced $1.05 in closing at $7 after exchanging 4,313 stocks, Kingston Wharves shed $6 to $38, with 20,715 stocks changing hands. Massy Holdings lost $7.90 to end at $82.10 after exchanging 310 shares, 138 Student Living dipped 96 cents to close at $5.54 with an exchange of 4,066 stock units, Palace Amusement rallied $19.95 to $750 after exchanging 119 units. PanJam Investment dropped $1.49 to $58.50 while exchanging 26 stocks, Sagicor Group rose $3.50 in closing at $53.50 with the swapping of 29,523 units, Scotia Group rallied $2 to end at $35.50, with 408 shares clearing the market. Seprod climbed $1.95 to $67 after a transfer of 5,676 stock units, Supreme Ventures lost $2.40 to end at $27.60, with 403,709 stock units changing hands and Sygnus Real Estate Finance shed $1.64 in closing at $9.27 in an exchange of 1,133 shares.
In the preference segment, Productive Business Solutions 9.75% preference share dipped 50 cents to $139.50 and closed with 198 stocks traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Barita trading high volumes since announcing to buy shares to populate the staff option portfolio.

Barita Investments, one of the volume leaders in the Main Market on Friday accounted for more than a third of the value of stocks traded on the Jamaica Stock Exchange Main Market and helped to push the volume of stocks traded up 211 percent and the value 491 percent higher than on Thursday, with 58 securities trading compared to 56 on Thursday, with prices of 25 rising, 19 declining and 14 ending unchanged.
Investors exchanged 21,314,565 shares for $485,002,686 up from 6,862,645 units at $82,023,834 on Thursday. Trading averaged 367,493 units at $8,362,115, versus 122,547 shares at $1,464,711 on Thursday and month to date, an average of 213,626 units at $3,168,195, compared to 203,473 units at $2,825,479 on the previous day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 9.18 million shares for 43.1 percent of total volume followed by Supreme Ventures with 4.71 million units for 22.1 percent of the day’s trade, Barita Investments ended with 1.74 million units for 8.2 percent of trade share and Massy Holdings with 1.23 million units for 5.8 percent market share.
The All Jamaican Composite Index increased 1,975.07 points to 406,828.49, the JSE Main Index increased 284.34 points to 356,098.21 and the JSE Financial Index gained 0.60 points to settle at 84.86.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.9 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments popped $3 to $94 with 1,743,018 shares crossing the exchange, Caribbean Cement rose $1.70 to $61 as investors exchanged 21,036 stock units, Caribbean Producers rose 75 cents to $14 in an exchange of 23,344 stocks. Carreras dropped 49 cents to end at $8.50 with 204,917 units crossing the market, Eppley lost $2.01 to close at $38.49 with the swapping of 514 stock units, First Rock Real Estate climbed $2 to $13.50 while exchanging 89,910 stocks. GraceKennedy dipped $1.25 to end at $92 in switching ownership of 139,928 units, Guardian Holdings gained $24.87 to close at $519.97 with a transfer of 250 shares, Jamaica Broilers advanced $1.10 to $29.30 with an exchange of 21,115 stock units. Jamaica Stock Exchange fell 49 cents in closing at $16 after trading 19,419 units, Kingston Properties declined $1.05 in ending at a 52 weeks’ low of $5.95 after a transfer of 59,297 stocks, Kingston Wharves rallied $5.10 to $44, with 44,779 shares clearing the market. Massy Holdings increased $5 in closing at $90, with 1,229,433 units changing hands, Mayberry Jamaican Equities climbed $3.01 to end at $13.01 with investors transferring 414,835 stock units, Palace Amusement shed $119.95 to close at $730.05 trading two shares. PanJam Investment rallied $1.69 to close at $59.99 after exchanging 33,816 stocks, Portland JSX advanced $1.52 to end at $10.52 in trading 501 units, Supreme Ventures rose $1.65 to $30 in exchanging 4,714,407 stocks. Sygnus Real Estate Finance gained $1.42 after ending at $10.91, with 200 stock units changing hands.
In the preference segment, Eppley 7.50% preference share lost $1.33 in closing at $6, with 200 shares crossing the market and Productive Business Solutions 9.75% preference share fell $9.50 in ending at $140 after exchanging two shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.