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.
Steady trading on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 13 percent fall in the volume of stocks changing hands, with a value that was 21 percent lower than on Tuesday and resulting in the trading of six securities, compared to seven on Tuesday with two rising, three declining and one ending unchanged.
Investors traded 193,894 shares for US$13,133, down from 223,523 units at US$16,568 on Tuesday.
Trading remains consistent for the month to date with an average of 32,316 shares at US$2,189 on Wednesday, versus 31,932 shares at US$2,367 on Tuesday, with a month to date average of 13,503 shares at US$2,816 compared with 12,496 units at US$2,849 on the previous day. February ended with an average of 43,793 units for US$2,015.
The JSE USD Equities Index jumped 21.31 points to end at 216.14.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share rose 0.1 of a cent to 6.5 US cents after an exchange of 30 shares, Productive Business Solutions remained at US$1.75 trading one stock unit, Proven Investments lost 1.5 cents in closing at 16.5 US cents, with 21,425 stocks clearing the market. Sygnus Real Estate Finance USD share rallied 1.08 cents to 7.18 US cents after three units crossed the market and Transjamaican Highway dipped 0.06 of a cent to close at 0.9 of one US cent with a transfer of 171,800 shares.
In the preference segment, Productive Business Solutions 9.25% preference share declined 40 cents to US$12.50 with the swapping of 635 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main market rises on depressed volume
Rising stocks gave a lift to the Jamaica Stock Exchange Main Market on Wednesday, but with the volume of stocks traded declining 67 percent, valued 61 percent less than on Tuesday, with trading in 50 securities compared to 51 on Tuesday, with 19 rising, 20 declining and 11 unchanged.
A total of 15,400,994 shares were traded for $41,503,503 down from 47,132,067 units at $105,575,678 on Tuesday.
Trading averaged 308,020 shares at $830,070, compared to 924,158 units at $2,070,111 on Tuesday and month to date, an average of 275,557 units at $2,852,067, compared to 273,634 shares at $2,972,905 on the previous day. February closed with an average of 183,599 units at $2,160,070.
Sagicor Select Financial Fund led trading with 4.78 million shares for 31 percent of total volume, followed by Wigton Windfarm with 3.75 million units for 24.4 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund with 2.63 million units for 17.1 percent and JMMB Group 7.5% with 1.89 million units for 12.3 percent market share.
The All Jamaican Composite Index rallied 2,900.13 points to 365,833.01, the JSE Main Index gained 1,812.61 points to end at 323,708.81 and the JSE Financial Index rallied 1.22 points to close at 75.63.
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 two with lower offers.
At the close, Barita Investments rose 95 cents to $80 after 53,860 shares crossed the exchange, Caribbean Cement lost 50 cents in closing at $57 after a transfer of 725 stocks, First Rock Real Estate increased 56 cents to $12.06 as investors exchanged 15,000 stock units. GraceKennedy shed $1 to end at $80 after investors traded 10,545 units, Guardian Holdings dipped $10 to close at $480 after 2,481 stocks passed through the market, Jamaica Broilers fell 60 cents after ending at $33, with 49,102 shares crossing the market. 
Jamaica Producers advanced 76 cents to $21.75 after an exchange of 13,940 units, Kingston Wharves declined $3.43 to close at $31.05 with investors trading 12,000 stock units, Margaritaville dropped 64 cents to $17 with investors transferring 168 stocks. NCB Financial gained $4.50 to end at $72.50 after investors traded 214,024 stock units, PanJam Investment rallied $1.99 to end at $53.99, trading 12,261 units, Proven Investments dipped $1.87 to close at $26.50, with 1,529 shares clearing the market, Radio Jamaica closed at a 52 weeks closing low of $1.64 after falling 6 cents in trading 3,500 shares, Scotia Group climbed 94 cents to $34.94 with the swapping of 5,635 stock units, Seprod fell $3.85 to $64.03 with a transfer of 160 stocks and Sterling Investments shed 44 cents in ending at $2.52 with 5,086 units changing hands.
In the preference segment, Jamaica Public Service 7% popped $43.54 to close at a new record high of $293.54 in an exchange of 502 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading picks up on JSE Main Market
Investors pushed the volume of stocks traded up 273 percent and the value 30 percent higher than on Monday at the close of the Jamaica Stock Exchange Main Market on Tuesday, after trading 51 securities compared to 55 on Monday, with 19 rising, 19 declining and 13 ending unchanged.
A total of 47,132,067 shares were exchanged for $105,575,678 compared to 12,642,427 units at $81,389,720 on Monday.
Trading averaged 924,158 units at $2,070,131 versus 229,862 shares at $1,479,813 on Monday and month to date, an average of 273,634 units at $2,972,954, compared to 231,797 units at $3,031,017 on the previous day. February closed with an average of 183,599 units at $2,160,070.
Transjamaican Highway led trading with 30.87 million shares for 65.5 percent of total volume followed by QWI Investments with 9.78 million units for 20.8 percent of the day’s trade, Sagicor Select Financial Fund with 2.30 million units for 4.9 percent of market share and Wigton Windfarm with 2.05 million units for 4.3 percent of stocks traded.
The All Jamaican Composite Index declined 1,777.23 points 
to 362,932.88, the JSE Main Index fell 1,543.61 points to 321,896.20 and the JSE Financial Index lost 1.24 points to end at 74.41.
The PE Ratio, a formula 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 11 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement lost 40 cents in closing at $57.50 after investors exchanged 6,678 shares, Eppley increased $5.50 in closing at $37.50 after investors switched ownership of 47 stock units, Eppley Caribbean Property Fund dropped $4.58 to $40.41 with one unit changing hands. First Rock Real Estate dipped 55 cents to close at $11.50 in trading 3,000 stocks, GraceKennedy rose $3 to end at $81 while exchanging 24,170 units, 
Jamaica Producers gained 74 cents to close at $20.99 with 4,304 stocks crossing the exchange. JMMB Group popped 48 cents in closing at $30 after trading 388,135 stock units after hitting a new 52 weeks’ low of $29, Mayberry Investments advanced 41 cents to $8.21 after an exchange of 1,011 shares, NCB Financial shed $1.69 to hit a 52 weeks’ closing low of $68 as 45,814 stock units passed through the market. PanJam Investment declined $4.50 to end at $52 after a transfer of 20,023 shares, Proven Investments climbed $1.86 to $28.37 as investors exchanged 6,216 stocks, Seprod rallied $5.87 in closing at $67.88 in an exchange of 1,379 units. Sterling Investments advanced 41 cents to close at $2.96 with a transfer of 54,910 units and Wisynco Group fell 40 cents to end at $16.60 with 95,712 shares clearing the market.
In the preference segment, Jamaica Public Service 7% popped $50 to record high of $250, with 306 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading jumps on JSE USD Market
Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with a 1,915 percent surge in the volume of stocks changing hands valued at 1,243 percent more than on Monday and resulting in trading of seven securities, compared to six on Monday with two rising, two declining and three ending unchanged.
Investors traded 223,523 shares for US$16,568 up from 11,094 units at US$1,234 on Monday.
Trading averaged 31,932 units at US$2,367 up from 1,849 shares at US$206 on Monday, with a month to date average of 12,496 shares at US$2,849 versus 11,200 units at US$2,882 on the previous day. February ended with an average of 43,793 units for US$2,015.
The JSE USD Equities Index lost 0.06 points to end at 194.83.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share advanced 0.32 of a cent to 6.4 US cents with a transfer of 843 shares, 
Proven Investments ended at 18 US cents as investors traded 3,447 stocks, Sterling Investments dipped 0.22 of a cent to close at 1.78 US cents after the trading of 40,000 units. Sygnus Credit Investments ended at 10 US cents with 5,069 stock units passed through the market, Sygnus Real Estate Finance USD share declined 1.08 cents to end at a 52 weeks’ low of 6.1 US cents while exchanging 509 units and Transjamaican Highway increased 0.02 of a cent in closing at 0.96 of one US cent, with 167,133 stock units crossing the market.
In the preference segment, JMMB Group 5.75% after ending at US$2 in an exchange of 6,522 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market near 5 year low
Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, with the market closing at the lowest point since September 2018, even as the volume of stocks traded rose by 83 percent with a marginally higher value than on Friday, with investors dealing in 55 securities similar to that on Friday, with prices of 13 rising, 28 declining and 14 ending unchanged.
A total of 12,642,427 shares were exchanged for $81,389,720 versus 6,908,564 units at $81,081,310 on Friday.
Trading averaged 229,862 shares at $1,479,813 compared with 125,610 shares at $1,474,206 on Friday and month to date, an average of 231,797 units at $3,030,966, versus 231,941 units at $3,146,566 on the previous day. Trading in February ended with an average of 183,599 units at $2,160,070.
Wigton Windfarm led trading with 3.62 million shares for 28.6 percent of total volume, followed by Sagicor Select Financial Fund with 2.68 million units for 21.2 percent of the day’s trade, Jamaica Stock Exchange, 1.16 million units for 9.2 percent of the market, Sagicor Select Manufacturing & Distribution Fund with 1.16 million units for 9.1 percent of stocks traded and JMMB Group 7.35% – due 2028 with 1.06 million units for 8.4 percent market share.
The All Jamaican Composite Index dropped 3,422.66 points to 364,710.11, the JSE Main Index declined 2,021.79 points to 323,439.81 and the JSE Financial Index shed 0.66 points to end at 75.65.
The PE Ratio, a formula 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 11 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments lost $1 to close at $79 after 109,758 shares were traded, Eppley fell $4 to $32, with 1,000 stocks changing hands, Eppley Caribbean Property Fund rallied $4.59 in ending at $44.99, with 4,558 stock units crossing the market. GraceKennedy shed $2 in closing at $78 in switching ownership of 119,969 units, Guardian Holdings popped $10 to end at $490 with the swapping of 1,823 shares, Jamaica Stock Exchange declined $1 to close at $13 after 1,160,007 units crossed the exchange. JMMB Group dipped 48 cents to $29.52 with investors transferring 42,247 stocks, Kingston Wharves rallied $3.68 to $34.48 after 15,306 stock units passed through the market, Margaritaville climbed $1.24 in closing at $17.64 as investors exchanged 300 shares. 
Mayberry Investments dropped $1 to $7.80 after an exchange of 430,294 stocks, NCB Financial dipped $2.31 to a 52 weeks’ low of $69.69 in an exchange of 49,530 units, PanJam Investment rose $2.50 to close at $56.50 in trading 57,273 stock units. Proven Investments advanced 51 cents to $26.51, with 2,510 stock units clearing the market, Scotia Group declined $1 to $34 in an exchange of 62,062 stocks, Seprod shed $1.39 in ending at $62.01, with 11,256 shares crossing the market. Sterling Investments lost 41 cents to end at $2.55 with a transfer of 65,854 units, Supreme Ventures dipped 88 cents in closing at $25 while exchanging 156,110 stocks and Wisynco Group fell 40 cents to close at $17 with an exchange of 28,984 stock units.
In the preference segment, Jamaica Public Service 7% lost $21.51, ending at $200 after a transfer of just three units and 138 Student Living s preference share dropped $7.43 to $70, trading three shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Increased action on JSE Main Market
Trading activity resulted in a rise in the level of market activity leading to a fall in the market on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 81 percent and the value 91 percent more than on Thursday, 
after trading in 55 securities up from 50 on Thursday and ended with prices of 14 rising, 21 declining and 20 unchanged.
Investors traded 6,908,564 shares for $81,081,310 versus just 3,815,209 units at $42,492,694 on Thursday.
Trading averaged 125,610 shares at $1,474,206, up from 76,304 stocks at $849,854 on Thursday and month to date, an average of 231,941 units at $3,146,622, compared with 240,504 units at $3,281,297 on the previous day. In contrast February averaged 183,599 units at $2,160,070.
Wigton Windfarm led trading with 2.75 million shares for 39.8 percent of total volume followed by Sagicor Select Financial Fund with 1.04 million units for 15.1 percent of the day’s trade and Transjamaican Highway, 651,680 units for 9.4 percent market share.
The All Jamaican Composite Index dipped 2,977.64 points to close at 368,132.77, the JSE Main Index declined 2,484.15 points to close at 325,461.60 and the JSE Financial Index shed 0.61 points to end at 76.31.
PE Ratio, a formula 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 seven stocks ending with bids higher than their last selling prices and one stock with a lower offer.
At the close, Eppley climbed $1 to close at $36 trading 7 shares, GraceKennedy dipped $2 in ending at $80 after 138,649 units crossed the market, Guardian Holdings declined $4 to $480 with the swapping of 3,082 stocks. 
Jamaica Broilers rose 49 cents to end at $33.50 in switching ownership of 446,715 stock units, Jamaica Producers shed $2.24 to close at $20.25 in an exchange of 64,697 stocks, JMMB Group dropped $1 to close at $30 in trading 187,664 shares. Mayberry Jamaican Equities popped 97 cents to $12.97 as 22,000 stock units passed through the market, NCB Financial gained 50 cents to end at $72 after an exchange of 215,558 units, 138 Student Living increased 49 cents in closing at $5.50 with a transfer of 888 stocks. PanJam Investment fell $2.79 to $54 in an exchange of 2,774 stock units, Sagicor Group lost $2.90 to close at $47, with 261,239 units crossing the market, Seprod fell $4.57 to $63.40, with 7,759 shares changing hands and Wisynco Group rallied 40 cents to end at $17.40 after exchanging 30,667 stocks.
In the preference segment, Jamaica Public Service 7% surged $46.28 in closing 26 percent higher to record high of $221.51 with investors exchanging 7,599 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market rises on depress volume
Trading activity dropped below normal levels on the Jamaica Stock Exchange Main Market on Thursday, following a big rise in trading on Wednesday with the volume of stocks traded declining 89 percent and the value 84 percent lower than on Wednesday, with just 50 securities trading compared to 56 on Wednesday, with 16 rising, 19 declining and 15 ending unchanged.
A total of 3,815,209 shares were exchanged for $42,492,694 versus 34,822,128 units at $269,703,535 on Wednesday.
Trading averaged 76,304 shares at $849,854 versus 621,824 shares at $4,816,135 on Wednesday. Trading month to date, averaged 240,504 units at $3,281,297 compared to 253,474 units at $3,473,354 on the preceding trading day. Trading in February averaged 183,599 units at $2,160,070.
Wigton Windfarm led trading with 1.68 million shares for 44.1 percent of total volume followed by Palace Amusement with 235,004 units for 6.2 percent of the day’s trade and Supreme Ventures with 168,670 units for 4.4 percent market share.
The All Jamaican Composite Index rose 496.57 points to 371,110.41, the JSE Main Index gained 303.85 points to close at 327,945.75 and the JSE Financial Index increased 0.17 points to close at 76.92.
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 nine stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, GraceKennedy dipped 50 cents to $82 and closed with 76,020 shares changing hands, Guardian Holdings fell $25.50 to close at $484 after exchanging 303 stock units, Jamaica Broilers declined $3.64 in closing at $33.01, with 91,622 stocks crossing the market. Kingston Wharves shed $1.50 after ending at $30.50 while exchanging 16,694 units, NCB Financial rose 45 cents to end at $71.50 trading 13,327 stock units, 138 Student Living dropped 49 cents to $5.01 with an exchange of 2,274 stocks. 
PanJam Investment rallied $1.79 to end at $56.79 after investors exchanged 41,158 units, Portland JSX advanced $1 in closing at $11.50 after a transfer of 5 shares, Proven Investments lost 59 cents to close at $26 in trading 30,700 shares. Sagicor Group increased $1.15 to $49.90 with 1,931 units changing hands, Seprod climbed $2.97 to close at $67.97 as investors exchanged 3,420 stock units, Supreme Ventures gained 89 cents to end at $25.88 in switching ownership of 168,670 stocks and Wisynco Group declined 45 cents ending at $17 with a transfer of 25,835 stock units.
In the preference segment, Jamaica Public Service 7% popped $34.50 in closing at yet another record high of $175.23 with just 46 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged for the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands jumping 1,167 percent, valued 283 percent more than on Wednesday, resulting from trading in 10 securities, up from seven on Wednesday with prices of three rising, four declining and three ending unchanged.
Investors traded 430,568 shares for US$30,840 compared to 33,994 units at US$8,059 on Wednesday.
Trading averaged 43,057 shares at US$3,084 versus 4,856 shares at US$1,151 on Wednesday, with a month to date average of 12,020 units at US$3,178 compared with 8,281 units at US$3,190 on the previous day. February averaged 43,793 units for US$2,015.
The JSE USD Equities Index dropped 25.30 points to end at 195.24.
The PE Ratio, a measure used in computing appropriate stock values, averages 15.1. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share fell 0.87 cents to end at 6.08 US cents crossing the market 18,684 shares, Margaritaville dipped 0.01 of a cent in closing at 10.99 US cents in switching ownership of 28,631 units after the price hit an intraday 52 weeks’ low of 95 cents. MPC Caribbean Clean Energy dropped 1.4 cents to 66.6 US cents, with 126 stocks changing hands. 
Productive Business Solutions ended at US$1.75 in trading 227 stock units, Proven Investments declined 0.02 of a cent to 18.5 US cents as 18,719 stocks passed through the market, Sygnus Credit Investments remained at 10 US cents with investors transferring 24,164 stock units. Sygnus Real Estate Finance USD share ended at 7.18 US cents with a transfer of 139 shares and Transjamaican Highway gained 0.05 of a cent to end at 0.95 US cents after an exchange of 338,464 units.
In the preference segment, Productive Business Solutions 9.25% preference share popped 10 cents to US$12.50 after an exchange of 1,396 units and JMMB Group 5.75% rose 0.35 of a cent in closing at US$1.74 after trading 18 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market trading surges
Trading activity surged on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded jumping 328 percent higher than on Tuesday with a 490 percent higher value, after trading occurred in 56 securities compared to 55 on Tuesday, with 22 rising, 17 declining and 17 ending unchanged.
A total of 34,822,128 shares were traded for $269,703,535 up sharply from 8,135,336 units at $45,729,948 on Tuesday.
Trading averaged 621,824 shares at $4,816,135 versus 147,915 shares at $831,454 on Tuesday. Trading month to date, averaged 253,474 units at $3,473,289, compared with 217,724 stock units at $3,342,961 on the previous day. February closed with an average of 183,599 units at $2,160,070.
JMMB Group 7.35% due 2028 preference share led trading with 16.68 million shares for 47.9 percent of the volume, followed by Wigton Windfarm with 5.37 million units for 15.4 percent of stocks traded, Jamaica Broilers chipped in with 3.51 million units for 10.1 percent market share, followed by JMMB Group 7.5% preference share, with 2.31 million units for 6.6 percent, Carreras ended with 1.87 million units trading for 5.4 percent of the market and Sagicor Select Financial Fund with 1.80 million units for 5.2 percent.
The All Jamaican Composite Index slipped 558.16 points to 370,613.84, the JSE Main Index lost 341.03 points at 327,641.90 and the JSE Financial Index dropped 0.09 points to finish at 76.75.
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 seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments rallied $1 to $80 while trading 79,464 shares, Eppley dipped $4.40 to close at $35 after exchanging 3,358 stock units, Eppley Caribbean Property Fund fell 60 cents to $40.40 with the swapping of 1,143 stocks. First Rock Real Estate climbed 99 cents to end at $12.04, with 11 units crossing the exchange, 
Guardian Holdings gained $25.50 to close at $509.50 in switching ownership of 21 units, JMMB Group dropped 49 cents to close at $31, with 298,216 stock units crossing the market. Wharves rose 95 cents to $32 after 6,199 stocks were exchanged, Mayberry Jamaican Equities lost 98 cents to end at $12, with 4,200 shares changing hands, Palace Amusement popped 52 cents to $3.80 with an exchange of 186,662 stock units. PanJam Investment shed $1.50 to end at $55 after trading 81,003 units, Portland JSX popped 91 cents to end at $10.50 with investors transferring 74 shares, Seprod increased 50 cents to $65 in an exchange of 3,046 stocks and Supreme Ventures advanced 99 cents in ending at $24.99 as 88,209 shares passed through the market.
In the preference segment, Productive Business 10.50% preference share climbed $30 to $1200 with 100 units clearing the market, Jamaica Public Service 7% popped $34.74 to close at a new record high of $140.73 in trading 705 stock units and Productive Business Solutions 9.75% preference share increased $16.90 ending at $107 with a transfer of 10 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
