Market activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded surging 4,201 percent with 590 percent greater value than on Wednesday with 57 securities compared to 55 on Wednesday, with 20 rising, 18 declining and 19 ending unchanged.
Pulse closed at a new high after hitting a record $10.59 during the day.
Overall, 358,301,804 shares were exchanged for $1,351,391,586 up from 8,329,845 units at $195,931,637 on Wednesday. Trading averages 6,285,997 units at $23,708,624, versus 151,452 shares at $3,562,393 on Wednesday and month to date, an average of 641,350 units at $3,094,438, compared to 159,696 units at $1,335,443 on the previous trading day. July closed with an average of 173,643 units at $1,683,017.
Pulse Investments led trading with 350.18 million shares for 97.7 percent of total volume followed by Wigton Windfarm with 3.73 million units for one percent of the day’s trade and JMMB Group with 1.19 million units for 0.3 percent market share.
The All Jamaican Composite Index dipped 414.17 points to 414,436.77, the JSE Main Index fell 122.66 points to 365,745.97 and the JSE Financial Index advanced 0.06 points to 87.77.
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 are computed based on ICInsider.com’s forecasted earnings 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 andseven with lower offers.
At the close, Caribbean Cement dipped $2.01 to $57.99, with 39,649 shares crossing the exchange, Eppley shed $2.30 in closing at $38.70 with investors transferring 740 stock units, First Rock Real Estate dropped 50 cents to $11.55, with 42,407 stocks changing hands. Guardian Holdings rose $19 to end at $569 with a transfer of 366 units, Jamaica Producers increased 88 cents to close at $21 in exchanging 14,667 units, JMMB Group popped 50 cents in closing at $41.75 after exchanging 1,194,935 stocks. Key Insurance traded 28,384 shares and gained 39 cents to close at $3.89, Massy Holdings gained $2 to end at $87 after 9,865 shares crossed the market, 
Scotia Group advanced 50 cents to close at $34.50 with the swapping of 6,510 stock units, Seprod rallied 45 cents to end at $69.50 with investors transferring 1,119 stock units. Supreme Ventures climbed $1.01 to $29.99 with an exchange of 91,949 units and Victoria Mutual Investments gained 65 cents in closing at $5.66 after 78,171 shares changed hands.
In the preference segment, Eppley 5% preference share fell $1.69 to $20.20 as investors exchanged five stock units and Productive Business Solutions 9.75% preference share climbed $31.95 to close at $158.15 in trading 35 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Investors exchanged 394,179 shares for US$26,302 compared to 1,690,663 units at US$286,936 on Wednesday. Trading averaged 32,848 units at US$2,192, versus 187,851 shares at US$31,882 on Wednesday, with month to date average of 45,865 shares at US$7,629 versus 47,248 units at US$8,206 on the previous trading day. July ended with an average of 49,665 units for US$3,449.
Sygnus Credit Investments USD share climbed 0.79 of one cent to 11.99 US cents with an exchange of 1,857 units. Sygnus Real Estate Finance USD share increased 1.85 cents in closing at 12.5 US cents and exchanging ten stocks and Transjamaican Highway shed 0.01 of a cent to close at 0.95 of one US cent with investors transferring 3,179 stock units.
Trading ended with 55 securities, the same as Tuesday, with 14 rising, 27 declining and 14 ending unchanged. The All Jamaican Composite Index shed 2,917.62 points to 414,850.94, the Main Index fell 847.36 points to 365,868.63 and the JSE Financial Index slipped 0.20 points to 87.71.
At the close, Caribbean Cement increased $1 to $60 with the swapping of 4,491 shares, Eppley rose $1.05 to $41 trading 770 stocks, Eppley Caribbean Property Fund climbed $6.45 to $44.85 in switching ownership of 4,000 stock units. GraceKennedy dropped $2.50 in closing at $95.50 in trading 326,540 units, Guardian Holdings gained $28.90 to close at $550, with seven stock units crossing the market, JMMB Group shed 75 cents to close at $41.25 as investors exchanged 330,814 shares. Margaritaville lost 44 cents in ending at $29.50 after trading 85 stocks, Massy Holdings dipped $2 to $85 with a transfer of 760 units, Mayberry Investments rallied $2.42 in closing at $9.93 in an exchange of 49,286 shares. MPC Caribbean Clean Energy fell $6.05 to end at $65.78 after a transfer of 266 units, NCB Financial declined $1 to end at $94, with 26,489 crossing the exchange, Palace Amusement fell $3.37 to close at a 52 weeks’ low of $750 with 38 stock units clearing the market. PanJam Investment advanced $1.95 in closing at $62 after exchanging 1,145,510 stocks, Portland JSX popped $1.45 to $10.80 with an exchange of 1,155 shares, Proven Investments fell 50 cents to $32 after exchanging 3,023 units.
Sagicor Group shed $2.50 in closing at $52 with 1,036,762 stock units changing hands, Scotia Group dipped $1.05 to $34 after exchanging 70,141 units, Seprod lost 94 cents to end at $69.05, with 9,590 stock units crossing the market. Supreme Ventures increased 43 cents to $28.98 with investors transferring 101,987 stocks and Sygnus Real Estate Finance dropped 64 cents to close at $10.30 while trading 2,606 shares.
The JSE US Denominated Equities Index lost 6.98 points to end at 208.31.
Proven Investments remained at 21.2 US cents with investors transferring 1,244,860 stocks, Sterling Investments ended at 2.05 US cents with an exchange of 5,000 stocks, Sygnus Credit Investments USD share declined 0.01 of a cent to close at 11.2 US cents, with 34,015 shares crossing the market and Transjamaican Highway dipped 0.02 of a cent in closing at 0.96 of one US cent with the swapping of 125,074 units.
A total of 6,129,079 shares were exchanged for $50,321,427 versus 7,396,135 units at $31,788,226 on Monday. Trading averaged 111,438 units at $914,935, compared to 125,358 shares at $538,783 on Monday, with the month to date, averaging 160,435 units at $1,135,635, compared to 165,265 units at $1,157,389 on the previous trading day. July averaged173,643 units at $1,683,017.
At the close, Caribbean Cement declined 80 cents to close at $59, with 13,474 shares crossing the exchange, GraceKennedy rallied $2.50 to $98 after exchanging 84,925 units, Guardian Holdings advanced $16.10 in ending at $521.10, with 60 stock units changing hands. JMMB Group shed 50 cents in closing at $42, with 144,349 stocks crossing the market, Margaritaville gained $5.74 to close at a 52 weeks’ high of $29.94 after exchanging 100 stock units, Massy Holdings fell $2 to end at $87 and closed with 781 shares changing hands. Mayberry Investments lost $2.44 to close at $7.51, with 98,300 stocks clearing the market, NCB Financial increased $1 in closing at $95 after exchanging 101,809 units, Palace Amusement dropped $66.62 after ending at $753.37 in trading 196 shares. PanJam Investment fell 95 cents to $60.05 in an exchange of 814 stocks, Portland JSX shed $1.65 in ending at $9.35 while exchanging 245 units, Scotia Group declined $1.45 to close at $35.05 after transferring 5,742 stock units and Wisynco traded 54,729 shares and gained 30 cents in closing at $17.70.
In the preference segment, 138 Student Living preference share rose 78 cents to end at $50.10 after trading 21 stock units and Productive Business Solutions 9.75% preference share dropped $38.80 in closing at $126.20 with an exchange of 373 shares.
A total of 340,214 shares were traded for US$68,279, up from 138,969 units at US$22,959 on Monday. Trading averaged 37,802 units at US$7,587 compared to 13,897 shares at US$2,296 on Monday. Trading month to date averages 35,080 shares at US$6,157 versus 34,822 units at US$6,022 on the previous day. July averaged 49,665 units for US$3,449.
Proven Investments dropped 0.81 of a cent to end at 21.2 US cents with the swapping of 312,596 units, Sygnus Credit Investments Jamaican dollar share after the last trading in late November last year, rose 0.17 of a cent to 13 US cents in exchanging three shares, Sygnus Credit Investments USD share popped 0.01 of a cent to 11.21 US cents, with 1,500 stock units changing hands and Transjamaican Highway advanced 0.12 of a cent to 0.98 of one US cent, with 14,939 stocks clearing the market.
Overall, 7,396,135 shares were exchanged for $31,788,226 versus 4,959,941 units at $65,424,573 on Friday. Trading averaged 125,358 units at $538,783 compared to 88,570 shares at $1,168,2961 on Friday and month to date, an average of 165,265 units at $1,157,389, compared to 169,983 units at $1,230,531 on the previous trading day. July averaged 173,643 units at $1,683,017.
At the close, Barita Investments fell 98 cents to $86.30 after exchanging 3,282 shares, Caribbean Cement dropped $2.70 to close at $59.80 after an exchange of 8,073 shares, Eppley jumped $1.32 in closing at $39.39, with 313 stocks crossing the market. First Rock traded 24,359 shares after rising 55 cents to $12.45. GraceKennedy dropped $3.25 to end at $95.50, with 23,610 units changing hands, Guardian Holdings fell $1 to close at $505 after trading 292 stock units, Jamaica Broilers rose 35 cents to $29 after exchanging 5,664 stocks. Jamaica Producers fell 60 cents in closing at $20.15, with an exchange of 1,365 shares, Jamaica Stock Exchange fell $2.26 to $16.70 after an exchange of 3,389 shares, Massy Holdings shed $1.10 in ending at $89, with 2,130 units crossing the exchange, Margaritaville climbed $2.20 to $24.20, with just two stocks changing hands. Mayberry Jamaican Equities fell 40 cents to close at $14.10 after trading 11,321 stock units. MPC Carib Energy fell $13.17 to close at a 52 weeks’ low of $71.83 after trading 185 shares, NCB Financial lost $2 to end at $94 with an exchange of 92,031 shares, PanJam Investment shed $3 in closing at $61 in an exchange of 8,350 units. 
Portland JSX jumped $2.49 to $11 in switching ownership of a mere four stocks, Scotia Group popped $2.43 to end at $36.50 with the swapping of 327 stock units, Seprod rose $1.92 to $69.99, with 4,631 stocks crossing the market, Supreme Ventures climbed $1.38 to close at $28.53 in exchanging 16,826 shares and Wisynco dropped $1.52 in closing at $10.21, in trading 87,422 stocks.
Investors exchanged 138,969 shares for US$22,959 versus 983,310 units at US$145,667 on Friday. The average trade on Monday was 13,897 units at US$2,296, down from 81,943 shares at US$12,139 on Friday, with a month to date average of 34,822 shares at US$6,022 versus 37,284 units at US$6,460 the previous day. July ended with an average of 49,665 units for US$3,449.
Sterling Investments rallied 0.05 of a cent to 2.05 US cents, with 5,400 stock units crossing the exchange, Sygnus Credit Investments USD share remained at 11.2 US cents, with 7,100 stocks crossing the market. Sygnus Real Estate Finance USD share dropped 1.85 cents to 10.65 US cents with the swapping of 1,000 units and Transjamaican Highway shed 0.11 of a cent to end at 0.86 of one US cent, with 3,000 shares crossing the market.
Overall, 983,310 shares traded for US$145,667, up from 703,183 units at US$76,534 on Thursday. Trading averaged 81,943 units at US$12,139 compared to 58,599 shares at US$6,378 on Thursday, with month to date average of 37,284 shares at US$6,460 versus 29,943 units at US$5,526 on the preceding day. July ended with an average of 49,665 units for US$3,449.
Sygnus Credit Investments USD share fell 0.8 cents to end at 11.2 US cents with 4,000 stocks changing hands. Sygnus Real Estate Finance USD share increased 1.89 cents ending at 12.5 US cents, with 46 shares crossing the market and Transjamaican Highway popped 0.1 of a cent to close at 0.97 US cents with an exchange of 294,151 units.
At the close, Caribbean Producers popped 42 cents to $14.02 after trading 20,482 stocks. Eppley increased $1.28 to close at $39.93, with 75 stock units changing hands. Eppley Caribbean Property Fund fell $4.50 to end at $38.40 with the swapping of 300 stocks, First Rock Real Estate lost 40 cents in ending at $12.05 after trading 5,075 shares, Guardian Holdings surged $64.96 to $569.99 after exchanging 352 stocks.Massy Holdings lost $2.70 in closing at $87, with 1,178 stock units crossing the exchange. Mayberry Investments climbed 65 cents to close at $9.99 in exchanging 99 stocks, Mayberry Jamaican Equities shed 22 cents in closing at $13.88 in trading 104,177 units, MPC Caribbean Clean Energy lost 50 cents in ending at $84.50 while exchanging 321 stock units. NCB Financial rose $1.50 to end at $95 in trading 236,805 shares, Palace Amusement dropped $30 to $760 with an exchange of 10 stocks, PanJam Investment shed 50 cents to end at $60 in switching ownership of 5,628 stock units, Seprod climbed $3.37 in closing at $71.44 in an exchange of 97,364 units and Stanley Motta popped 50 cents to $5.50 after trading 1,600 stocks.
In the preference segment, Eppley 7.50% preference share increased 87 cents to $7.47, with 201 shares crossing the market. Eppley 7.75% preference share declined $1 to end at $20 with one stock changing hands, JMMB Group 7.25% preference share rallied 28 cents to close at $3.27 in exchanging 90 stock units and Productive Business Solutions 9.75% preference share gained $29.05 to close at a 52 weeks’ high of $156.05, with 105 shares crossing the exchange.
