Trading activity ended on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of stocks traded declining 53 percent and the value 39 percent lower than on Monday, following trading in 55 securities compared with 59 on Monday, with prices of 17 stocks rising, 22 declining and 16 ending unchanged including AS Byden that closed at a a record high of $39 with a gain of 73 percent since listing late last year.
The market closed with just 5,418,018 shares trading for a mere $22,750,182 from 11,530,654 units at $37,231,165 on Monday.
Trading averaged 98,509 shares at $413,640 compared to 195,435 units at $631,037 on Monday. Trading for the month to date, averages 152,084 units at $750,496 versus 162,073 units at $813,300 on the previous day and December with an average of 264,266 units at $3,755,946.
Wigton Windfarm led trading with 2.32 million shares for 42.9 percent of total volume followed by Transjamaican Highway with 716,006 stock units for 13.2 percent of the day’s trade and Ciboney Group ended with 626,342 units for 11.6 percent market share.
The All Jamaican Composite Index popped 900.26 points to end at 360,920.75, the JSE Main Index gained 554.13 points to finish at 323,288.33 and the JSE Financial Index dipped 0.07 points to end at 70.20.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, AS Bryden rallied $5.51 to end at a 52 weeks’ high of $39 as investors exchanged 19,996 stock units, Barita Investments skidded 31 cents to $70.51 after a transfer of 11,254 shares, but ahead of the release of announcing a dividend of $1.634 to be paid on the second of February, Berger Paints fell 67 cents to close at $6.03, with 1,115 stocks changing hands. Caribbean Cement sank $2.86 in closing at $54.76 with 645 shares being traded, Eppley Caribbean Property Fund rose $1.98 and ended at $40 after an exchange of 400 shares, Jamaica Stock Exchange climbed $1.01 to $11.02 with a transfer of 1,129 stock units. JMMB Group increased 91 cents to close at $24.95 after exchanging 8,584 units, NCB Financial declined 78 cents in closing at $66.20 with investors transferring 27,475 stocks,
Pan Jamaica lost 30 cents to end at $50.20 in switching ownership of 358 shares. Scotia Group shed 90 cents and ended at $38.10 with investors trading 34,014 units, Seprod popped $2.49 to $84.99 while exchanging 45,431 stocks, Supreme Ventures advanced 49 cents to $25.99 in trading 19,835 stock units. Sygnus Credit Investments dropped 39 cents in closing at $10.90, with 115,762 shares crossing the market and Wisynco Group gained $1.14 and ended at $21.20 in trading 121,700 stock units.
In the preference segment, JMMB Group 7.35% – 2028 dipped 30 cents to close at $3 with 200,294 stocks clearing the market and 138 Student Living preference share rose $10.82 to $130.82 with investors trading 2 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading on Monday, 11,530,654 shares changed hands at $37,231,165 versus 10,952,841 units at $49,613,181 on Friday.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Salada Foods fell 67 cents to close at $3.30 while exchanging 785 stocks, Scotia Group rallied $1 to $39 with 41,955 units being traded, Seprod popped $5.50 in closing at $82.50 after a transfer of 13,572 stocks. Supreme Ventures dipped 49 cents to close trading at $25.50, with 24,378 shares changing hands, Sygnus Credit Investments advanced 59 cents and ended at $11.29 in trading 16,082 stock units and Wisynco Group sank $1.23 to end at $20.06 after an exchange of 27,355 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Honey Bun sales income rose 16 percent for the fiscal year but only 8 percent in the final quarter.
The average PE for the JSE Main Market ICTOP 10 stands at 5.2, well below the market average of 13.4 and the Junior Market TOP10 sits at 7.3, just over half of the market, with an average of 13.4.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market, but this is not always so. ICInsider.com ranks stocks based on projected earnings, allowing investors to focus on the most undervalued stocks and helping to remove emotions in selecting stocks for investments that often result in costly mistakes.
Trading ended after 10,952,841 shares changed hands for $49,613,181 versus 6,738,490 stock units for $30,536,095 on Thursday.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Kingston Properties dropped 49 cents to close at $7.01 after an exchange of 10,445 shares. NCB Financial shed 50 cents to end at $67 after 58,382 units passed through the market, Proven Investments rallied 34 cents to $22.44 after an exchange of 5,129 stocks, Sagicor Group dipped $5.39 and ended at $41.60 with investors swapping 34,746 stock units. Scotia Group skidded $1.29 in closing at $38 after an exchange of 50,732 shares, Seprod sank $8 to close at $77 with investors trading 28,326 units, Supreme Ventures rallied $1.39 to end at $25.99 with 20,775 stocks crossing the market and Sygnus Credit Investments declined 60 cents to $10.70 as investors exchanged 33,660 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated 
The Main Market ended trading with an average PE Ratio of 13.5. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with their financial year ending around August 2024.
NCB Financial rose $1 to close at $67.50 in an exchange of 19,439 shares, Pan Jamaica gained 50 cents to close trading at $50.50 with an exchange of 468 stocks, Proven Investments shed 40 cents to close trading at $22.10, with 50,116 stock units changing hands. Scotia Group climbed 79 cents to end at $39.29 after 6,125 shares passed through the market, Seprod rallied $2.10 in closing at $85 with investors trading 30,503 stocks, Stanley Motta popped 46 cents and ended at $5.82 with investors trading 4,000 stock units. Supreme Ventures declined $1.35 to $24.60 with an exchange of 343,822 stock units and Wisynco Group lost 80 cents to close at $21.50, with 28,959 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of trading, the JSE Combined Market Index shed 206.43 points to end trading at 336,846.57, the All Jamaican Composite Index rose 1,082.80 to close at 363,466.02, the JSE Main Index fell 499.84 points to 323,758.65. The Junior Market Index climbed 29.96 points to 3,792.26 and the JSE USD Market Index fell 2.02 points to 237.31.
Declining Main Market stocks included, GraceKennedy lost $1.75 to close at $78, Supreme Ventures declined $1.35 to $24.60 and Jamaica Broilers sank $1 in closing at $33.50.
The net asset value of each company is reported as a guide to quickly assess the value of stocks based on this measure. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices.
A total of 7,001,247 shares were traded for $56,070,502 down from 11,588,245 units at $66,472,610 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with their financial year ending around August 2024.
Mayberry Group dropped 70 cents in closing at $7.90 after 7,314 units passed through the market, MPC Caribbean Clean Energy rose 49 cents to close at $89.50 and closed after 5 shares were traded. NCB Financial shed $1.50 and ended at $66.50 with an exchange of 152,874 stocks, Pan Jamaica declined 70 cents to $50, with 2,028 units changing hands, Proven Investments fell 98 cents and ended at $22.50 in an exchange of 8,932 stock units. Scotia Group dipped $1 to end at $38.50 with investors trading 13,371 shares, Seprod advanced $2.91 in closing at $82.90 after switching ownership of 3,375 units, Stanley Motta fell 68 cents to close at $5.36 with investors trading 1,939 stocks. Supreme Ventures gained 95 cents to $25.95 in an exchange of 43,554 stock units and Wisynco Group rose $1.25 to a 52 weeks’ closing high of $22.30, with 71,584 shares crossing the market.
In the preference segment, Eppley 7.75% preference share gained $3.99 and ended at a 52 weeks’ closing high of $22.99 with a transfer of 3 stocks.
A total of just 11,588,245 shares were traded for $66,472,610 compared to 49,282,609 units at $809,014,389 on Friday.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and eight with lower offers.
Massy Holdings rallied $1 to end at $91, with 3,152 shares crossing the market, Mayberry Group shed 90 cents in closing at $8.60 as investors exchanged 3,759 stocks, MPC Caribbean Clean Energy dropped 88 cents to close at $89.01 in switching ownership of 655 units. NCB Financial lost $1.99 to close at $68, with 40,596 stock units changing hands, 138 Student Living increased 32 cents to end at $4.21 with a transfer of 11,200 shares, Proven Investments climbed 98 cents to $23.48, with 6,233 units crossing the exchange. Pulse Investments dipped 25 cents to close at $1.84 with investors transferring 160,749 stocks, Radio Jamaica fell 48 cents and ended at $1.45 after closing with an exchange of 171,837 stock units, Sagicor Group skidded $2.50 to $47 with 700,814 shares changing hands. Scotia Group rallied $1.10 and ended at $39.50, with 69,913 stock units clearing the market, Seprod declined $2.51 to end at $79.99 with traders dealing in 11,464 units, 
Supreme Ventures shed $2 in closing at $25 with investors swapping 159,371 stocks and Wisynco Group dropped 95 cents to close at $21.05 in an exchange of 34,165 units.
The Main Market ICTOP10 ended with, Palace Amusement gaining 15 percent to $1.40, followed by JMMB Group up 4 percent to $26 and Margaritaville 3 percent to $17.58, while 138 Student Living and Key Insurance declined 6 percent each two $3.89 and $2.25 respectively.
In the Main Market ICTOP 10, a total of 15 of the most highly valued stocks representing 31 percent of the Main Market are priced at a PE of 15 to 108, with an average of 32 and 23 excluding the highest PE ratios, and a PE of 26 for the top half and 19 excluding the stocks with overweight values.
Trading averaged 807,912 shares at $13,262,531 compared with 943,415 units at $14,353,657 on Thursday and month to date, an average of 264,266 units at $3,755,94 compared with 230,599 units at $3,167,213 on the previous day. November closed with an average of 275,587 units at $2,488,949.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Margaritaville rose 58 cents to end at $17.58 with 592 stocks clearing the market, Mayberry Group climbed 62 cents in closing at $9.50 with an exchange of 20,568 units, NCB Financial increased $2.49 to $69.99, with 8,031,610 stock units crossing the market. 138 Student Living popped 38 cents to close at $3.89 in an exchange of 10,161 shares, Pan Jamaica sank 80 cents to end at $50.70 after trading 174,963 stock units, Sagicor Group gained $3.52 and ended at $49.50 after an exchange of 1,638,388 stocks. Salada Foods advanced 26 cents to $3.98 with investors transferring 124,752 units, Scotia Group rallied 40 cents to end at $38.40 in switching ownership of 65,342 stocks, Seprod popped $2.01 in closing at $82.50 after 59,998 units passed through the market. Sygnus Credit Investments climbed 50 cents and ended at $11.40 after a transfer of 102,722 shares and Wisynco Group increased 51 cents to close at $22, with 344,392 stock units crossing the market.
In the preference segment, Eppley 7.75% preference share rose $3 to $22 with investors trading 100 shares and 138 Student Living preference share advanced $33.10 in closing at $130, with 115 stock units crossing the exchange.