Prices plunged on the Jamaica Stock Exchange Main Market Tuesday after 56 securities traded compared to 58 on Friday, leading to a mere five rising, 46 declining and five ending unchanged market activity ended, with the volume of stocks traded surging 264 percent and the value climbing 155 percent more than on Friday as investors sold stocks to raise funds to purchase shares in the latest IPO – Dolla Financial, hitting the market later this week.
At the close, five stocks, including PanJam Investment, ended at a 52 weeks’ low. The All Jamaican Composite Index plunged 7,520.59 points to settle at 442,250.18, the JSE Main Index dived 6,564.71 points to 385,333.83 and the JSE Financial Index slipped 1.13 points to 92.59.
The PE Ratio, a formula for computing appropriate stock values, averages 14.1. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to August 2023.
A total of 24,048,471 shares were exchanged for $165,423,987 up from 6,597,987 units at $64,884,016 on Friday. Trading averages 429,437 units at $2,954,000, versus 113,758 shares at $1,118,690 on Friday and month to date, an average of 242,561 units at $4,088,390, compared to 229,769 units at $4,160,020 on the previous trading day. April closed with an average of 532,209 units at $5,709,319.
Wigton Windfarm led trading with 6.0 million shares for 24.9 percent of total volume, followed by Transjamaican Highway with 3.97 million units for 16.5 percent of the day’s trade, QWI Investments chipped in with 2.71 million units for 11.3 percent market share, Sagicor Select Financial Fund ended with 2.48 million units for 10.3 percent of the day’s trade and 1834 Investments, 1.16 million units for 4.8 percent of trading.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Berger Paints dropped $2.21 to close at a 52 weeks’ low of $10.01 after an exchange of 16,122 shares, Caribbean Cement shed $1.49 to end at $60.51, with 126,043 units crossing the market, Caribbean Producers lost 55 cents in closing at $14.30, with 626,248 stocks changing hands. Carreras popped 60 cents to $9.90, trading 149,627 stock units, Eppley fell $6.50 to close at $43 after 5,479 stocks passed through the exchange, Eppley Caribbean Property Fund declined $7.27 to close at $40 in exchanging 12,460 units. First Rock Capital declined 64 cents to $11.52 after an exchange of 32,461 stock units, GraceKennedy dropped $2.67 in ending at $107.32, while exchanging 151,958 shares, Guardian Holdings fell $19 to end at $511 in switching ownership of 3,283 stocks. Jamaica Broilers increased $1.20 in closing at $28.30 in an exchange of 76,347 stock units, Jamaica Stock Exchange shed 95 cents to close at $19.05 after 14,387 units crossed the market, JMMB Group lost $2.25 in ending at $43 after exchanging 452,538 shares. Key Insurance declined 68 cents to close at a 52 weeks’ low of $3.60, trading 128,492 stocks, Kingston Wharves shed $2.09 to $36.11 with the swapping of 9,310 stock units, Mayberry Jamaican Equities lost $1 in closing at $13 with an exchange of 793,609 units. 138 Student Living fell 82 cents in closing at $4.35, with 98,926 shares clearing the market, Palace Amusement dropped $90 to $950, trading 51 stocks, PanJam Investment lost $13.50 to close at a 52 weeks’ low of $53 in trading 22,176 units. Proven Investments shed $2.50 to end at $36 after exchanging 42,595 shares, Pulse Investments dropped 40 cents to $3.59 with an exchange of 170,274 stock units, Sagicor Group advanced $1.40 to $56, with 211,959 stock units crossing the market. Scotia Group fell 60 cents in closing at $35.20 with an exchange of 87,916 stocks, Seprod declined 49 cents to end at $71.50 after exchanging 22,654 shares, Stanley Motta dropped 40 cents to close at $5.10, with 3,885 units clearing the market. Supreme Ventures fell $2.05, ending at $27.95 while exchanging 525,207 units, Sygnus Credit Investments shed 70 cents to close at $15.50 in exchanging 308,530 stock units, Sygnus Real Estate Finance lost $1 to end at a 52 weeks’ low of $14 after trading 4,006 stocks. Victoria Mutual Investments declined 36 cents in closing at a 52 weeks’ low of $5.21 in switching ownership of 449,801 shares and Wisynco Group fell $1.48 to $20, with 247,442 stocks crossing the market.
In the preference segment, JMMB Group 7.25% preference share lost 40 cents after ending at $2.85, trading 145 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity ended on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks traded declining 33 percent and the value nosediving 48 percent from Thursday’s activity as rising stocks exceeded those declining by a moderate margin.
The All Jamaican Composite Index lost 1,581.75 points to settle at 449,770.77, the JSE Main Index slipped by 707.68 points to 391,898.55 and the JSE Financial Index lost 0.43 points to settle at 93.72. Trading ended with 58 securities compared to 51 on Thursday, with 25 rising, 22 declining and 11 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
A total of 6,597,987 shares were exchanged for $64,884,016 versus 9,880,109 units at $124,533,581 on Thursday. Trading averages 113,758 units at $1,118,690, compared to 193,728 shares at $2,441,835 on Thursday and month to date, an average of 229,769 units at $4,160,020 compared to 238,407 units at $4,385,460 on the previous trading day. April closed with an average of 532,209 units at $5,709,319.
Wigton Windfarm led trading with 1.89 million shares for 28.6 percent of total volume, followed by QWI Investments with 1.07 million units for 16.2 percent of the day’s trade and Pulse Investments with 885,391 units for 13.4 percent market share.
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, Caribbean Cement dropped $1 to $62 trading 23,340 shares, Carreras declined 64 cents to close at $9.30 after 129,765 units were traded, Eppley lost 85 cents in ending at $49.50 after exchanging 581 stocks. Eppley Caribbean Property Fund popped $4.27 in closing at $47.27 after an exchange of 25 stock units, GraceKennedy fell 81 cents to end at $109.99, with 14,815 units crossing the market, Guardian Holdings gained $6 to end at $530 after exchanging 56 shares. Jamaica Broilers shed $1.40 in closing at $27.10 after 3,829 stock units cleared the market, Jamaica Stock Exchange dropped 53 cents to close at $20 in trading 8,351 stocks, Key Insurance rose 30 cents to close at $4.28 with the swapping of 3,096 stocks. Margaritaville climbed $2 to $23 in switching ownership of 25 units, Mayberry Investments shed 74 cents to close at $10.26 while exchanging 9,664 shares,Mayberry Jamaican Equities fell $1 in ending at $14, with 68,279 stock units crossing the market. MPC Caribbean Clean Energy advanced $1.70 to $110.70 trading five units, NCB Financial lost 85 cents to end at $109.15, with 22,849 shares crossing the exchange, Palace Amusement increased $85 in closing at $1040 with an exchange of one stock unit. PanJam Investment rallied $4 to close at $66.50 in exchanging 5,567 stocks, Portland JSX declined $2 in closing at $8.60, with 20,000 stock units changing hands, Scotia Group declined $1.14 in ending at $35.80, with 701,451 stocks crossing the exchange. Seprod gained 49 cents to close at $71.99 in switching ownership of 25,036 shares, Supreme Ventures advanced $1 to end at $30 with an exchange of 43,555 units, Sygnus Credit Investments fell 32 cents in closing at $16.20, with 110,180 shares crossing the market and Wisynco Group rallied $1.48 to $21.48 in an exchange of 95,131 stocks.
In the preference segment, Eppley 7.50% preference share increased 33 cents to close at $8.40, with 101 stock units clearing the market and Jamaica Public Service 9.5% dropped $100 in ending at $3000, with 108 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks mostly dropped in prices at the end of trading on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded declining 26 percent from that on Tuesday, with a slightly higher value.  
The All Jamaican Composite Index sank 5,169.29 points to 449,757.41, the JSE Main Index dropped 4,912.09  points to close at 391,568.41 and the JSE Financial Index dipped 0.48 points to settle at 93.43. Trading ended with 53 securities down from 57 on Tuesday, with ten rising, 30 declining and 13 ending unchanged.
Overall, 12,251,051 shares were exchanged for $339,534,037 versus 16,623,237 units at $309,172,008 on Tuesday.
Trading averages 231,152 units at $6,406,303, compared to 291,636 shares at $5,424,070 on Tuesday and month to date, an average of 241,868 units at $4,528,727, compared to 242,352 units at $4,374,792 on the previous trading day. The trade for April averaged 532,209 units at $5,709,319.
Eppley Caribbean Property Fund led trading with 2.46 million shares for 20.1 percent of total volume, followed by Wigton Windfarm with 1.78 million units for 14.5 percent of the day’s trade. Transjamaican Highway ended with 1.77 million units for 14.4 percent market share and Massy Holdings with 1.01 million units for 8.2 percent of traded shares.
The PE Ratio, a formula for computing appropriate stock values, averages 15.2. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
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, Barita Investments fell 60 cents to $89.30 with the swapping of 4,861 shares, Caribbean Cement dropped $3.30 to close at $61.50, trading 89,747 stocks, Caribbean Producers shed 34 cents in closing at $15.10, with 268,718 stock units crossing the exchange. Eppley increased $2.39 to $50.39, with 55 units changing hands, Eppley Caribbean Property Fund rallied $9.47 to end at $50 after trading 2,459,396 stocks, GraceKennedy lost $1.47 to $107.53 after an exchange of 246,477 units. Jamaica Producers declined $1.48 to close at $21.62 in an exchange of 38,080 shares, Kingston Properties shed 30 cents to end at $8 with an exchange of 107,215 stock units, Massy Holdings dropped $1.50 in closing at $92.50 while exchanging 1,005,358 stocks. Mayberry Jamaican Equities fell 52 cents to end at $15 in switching ownership of 42,288 units, MPC Caribbean Clean Energy lost $13.99 to end at $95.01 in trading 35 stock units, NCB Financial advanced $1.04 to $110.15, exchanging 70,666 shares. PanJam Investment declined $4 after ending at $62, with 67,228 stocks crossing the market, Stanley Motta shed 46 cents in closing at $5.04 after exchanging 195 units and Supreme Ventures dropped $1.50 to close at $30 after finishing trading of 428,090 stock units.
In the preference segment, Eppley 7.50% preference share climbed $1.05 to end at $8.07 after trading 122,233 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

More than 56 percent of stocks trading on Tuesday rose, beating out those declining by a wide margin, but did not prevent the market indices from slipping at the close of the Jamaica Stock Exchange, with the volume of stocks traded rising 19 percent and the value up 37 percent over Monday.
Trading ended with 57 securities compared to 56 on Monday, with 32 rising, 20 declining and five ending unchanged.
The All Jamaican Composite Index dropped 1,610.72 points to 454,926.70, the JSE Main Index 1,340.20 points to close at 396,480.50 and the JSE Financial Index fell 0.81 points to  93.91.
The PE Ratio, a formula for computing appropriate stock values, averages 15. The JSE Main and USD Market PE ratios are computed using earnings forecasted by ICInsider.com’s for companies with financial years ending up to August 2023.
Overall, 16,623,237 shares were exchanged for $309,172,008 versus 13,950,999 units at $225,110,985 on Monday. Trading averages 291,636 units at $5,424,070, compared to 249,125 shares at $4,019,839 on Monday and month to date, an average of 242,711 units at $4,381,084, compared to 238,191 units at $4,284,731 on the previous trading day. April closed with an average of 532,209 units at $5,709,319.
Sagicor Select Financial Fund led trading with 3.38 million shares for 20.3 percent of total volume, followed by JMMB Group with 2.86 million units for 17.2 percent of the day’s trade, Transjamaican Highway traded 1.58 million units for 9.5 percent of market share. Sagicor Group chipped in with 1.32 million units for 7.9 percent market, Wigton Windfarm with 1.24 million units for 7.5 percent share and Carreras with 1.09 million units for 6.5 percent of the day’s trade.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four stocks with lower offers.
At the close, Barita Investments rose 86 cents to $89.90 after exchanging 22,699 shares, Caribbean Cement fell $2.20 to close at $64.80 after trading 102,605 stocks, Caribbean Producers shed $1.53 to $15.44, with an exchange of 332,609 stock units. Eppley advanced $2.10 to end at $48, trading 1,874 units, GraceKennedy popped 50 cents in closing at $109, with 128,518 shares changing hands, Guardian Holdings gained $2.50 to close at $515 with the swapping of 19,135 units. Jamaica Broilers climbed 60 cents to $28.40 in trading 14,231 stocks, Jamaica Producers gained 50 cents to $23.10 after exchanging 34,059 stock units, Jamaica Stock Exchange declined $1.30 to $20.70, with 131,470 stock units crossing the market. JMMB Group dropped $2 to end at $46 in an exchange of 2,858,891 shares, Kingston Properties lost 38 cents at $8.30 in switching ownership of 16,369 units, Kingston Wharves declined 40 cents in closing at $39.05, with 1,152 stocks clearing the market. Massy Holdings fell $2.50 to $94 with an exchange of 3,851 shares, Mayberry Investments shed $1.30 to close at $11.50, with 590,935 stocks changing hands, MPC Caribbean Clean Energy rallied $13.99 to end at $109 while exchanging 34 stock units. NCB Financial lost $2.15 in closing at $109.11 after 27,271 units crossed the market, Palace Amusement dropped $164.02 to $955 in exchanging 764 units, PanJam Investment fell 50 cents to  $66 after an exchange of 24,981 stock units. Sagicor Group shed 70 cents to end at $55 in switching ownership of 1,316,087 stocks, Seprod increased 51 cents to $72 while exchanging 8,283 shares and Supreme Ventures rallied $2.20 in closing at $31.50 after trading 156,869 shares.

Sygnus Real Estate Finance lost $1.70 to $15.10 after 5,150 units changed hands and Wisynco Group declined 45 cents to $22.50 in trading 654,361 stocks.
In the preference segment, Eppley 7.50% preference share popped 82 cents to end at $7.02 with the swapping of 44 stock units, Jamaica Public Service 9.5% advanced $500 to close at $3100 in trading 50 shares and Productive Business Solutions 9.75% preference share gained $5.99 to $114.24 in an exchange of 6 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.