Trading closed on the Junior Market of the Jamaica Stock Exchange Monday, with the volume of stocks traded rising 10 percent and the value 17 percent more than on Friday with 45 securities trading versus 41 on Friday and ended with 14 rising, 21 declining and 10 closing unchanged.
A total of 11,121,148 shares were exchanged for $31,427,127 versus 10,149,669 units at $26,870,316 on Friday.
Trading averaged 247,137 shares at $698,381 compared to 247,553 stock units at $655,374 on Friday, with the month to date, averaging 486,150 units at $1,583,408 compared to 500,665 units at $1,637,154 on the previous trading day. August closed with an average of 407,186 units at $1,330,946.
iCreate led trading with 3.06 million shares for 27.5 percent of total volume followed by Fosrich with 1.26 million units for 11.3 percent of the day’s trade and JFP Limited with 1.07 million units for 9.6 percent market share.
At the close, the Junior Market Index increased 7.85 points to 4,107.96. The PE Ratio, a measure of computing appropriate stock values, averages 12.4 The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AMG Packaging lost 20 cents to end at $3.61 in an exchange of 5,003 shares, Blue Power fell 40 cents to close at $3.10 in trading 16,658 units, CAC 2000 shed $1.24 to $7.06 with the swapping of 37 stock units. Cargo Handlers dropped $1 to $12.70, with 440 stocks crossing the exchange, Consolidated Bakeries rallied 39 cents in ending at a multi-year closing high of $2.89 as investors exchanged 710,394 shares, Dolla Financial dipped 11 cents to close at $3.12 after a transfer of 854,931 stocks. Fontana declined 45 cents in closing at $9 with a transfer of 141,832 units, Fosrich declined 24 cents to $3.76 with an exchange of 1,257,430 stock units, General Accident increased 78 cents to end, with 250 stock units crossing the market. Honey Bun dropped 42 cents to $7.85 with 12,260 units clearing the market, iCreate climbed 32 cents in closing at $2.53 after exchanging 3,057,352 shares, Iron Rock Insurance shed 63 cents to end at a 52 weeks’ low of $2.10, in switching ownership of 32,050 stocks. Lasco Distributors advanced 16 cents to $3 after exchanging 24,768 shares, Limners and Bards lost 10 cents to close at $2.90, with 213,357 units changing hands, Mailpac Group dipped 18 cents in ending at $2.24, with 141,473 stock units crossing the market. 
Main Event fell $1.42 to $6.59 while exchanging 63 stocks, MFS Capital Partners shed 10 cents in closing at $3.30 with investors transferring 427,301 stock units, Stationery and Office Supplies dipped $1 to end at $15.20 in trading 16,747 units and tTech lost 45 cents to close at $2.55 after trading 11,581 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE stocks popped on Monday
All three markets of the Jamaica Stock Exchange rose moderately on Monday at the close of a trading session, with the value of stocks trading falling sharply from Friday’s amount, leaving the JSE Combined Index, a measure of the overall market, to rise 2,193.77 points to 372,016.68.
The All Jamaican Composite Index popped 3,826.38 points to 410,654.87, the JSE Main Index rose 2,272.26 points to 358,370.48, the Junior Market Index popped 7.85 points to 4,107.96 and the JSE USD market Index added 1.25 points to close 203.88.
Trading ended, with 23,686,595 shares changing hands, valued at $102.3 million, down from $511.8 million, with 31,932,432 shares traded in the overall market on the previous trading day. The JSE USD market ended with the value of stocks traded at US$16,872 from US$30,924 on Thursday.
The market’s PE ratio ended at 22.4 based on 2021-22 earnings and 12.1 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
31% Express Catering rebounding profit
Tourist arrivals passing through Montego Bay rebounded strongly in the August quarter just a fraction less than the previous high mark in 2019 pushing revenues at Express Catering up 35 percent for the first quarter of the 2023 fiscal year to August to US$4.9 million as profit surged 31 percent to US$652,841, even as the 2021 period benefited from a rental concession of US$351,544, with none in the latest quarter.
Ian Dear, Managing Director of Express Catering
The company also released full year results showing continued recovery from last fiscal year’s fallout, with a profit of US$1.1 million, up from a loss of USUS$1.73 million in 2021. In contrast, in the nine months to February, profit was just US$364,607, with only US$120,248 of it generated in the February quarter.
Sales jumped 223 percent for the year to US$14.24 million from just US$4.4 million in 2021. For the fourth quarter, revenues rose to US$4.6 million, just 7 percent behind the August 2022 quarter and well ahead of the US$933,000 generated in 2021.
According to directors Ian Dear and John Byles, “total passengers accessing the departure lounge at the Sangster International Airport during the quarter were just below 623,000 or 37.44 percent higher than the similar period last year.” The directors also stated that they expect the trend to continue for the rest of the fiscal year.
Gross profit margin remained stable at around 65 percent for all periods from 2021, but input rose a tad faster than sales, with that for the latest quarter rising 40 percent and 228 percent for the fiscal year. The effect, gross profit rose just 32 percent in the August quarter to US$3.17 million from US$2.4 million in 2021 and increased 220 percent for the 2022 fiscal year, to US$9.3 million from US$2.9 million in 2021.
Administrative expenses rose 24 percent to US$1.23 million in the August 2022 quarter and increased 100 percent in the year to May, to US$5 million. Depreciation charge moved from US$2.4 million to US$2.78 million for the fiscal year and was stable at US$678,000 in the latest quarter. Finance costs rose in the quarter, to US$522,000 from US$515,000 in 2021 and from US$1.9 million to US$2.1 million for the year to May.
Gross cash flow brought in US$1.35 million, with US$1 million advanced to a related company, in addition to fixed assets consuming $298,324 and lease payment absorbed US$475,222.
At the end of August, shareholders’ equity stood at US$3.9 million with borrowings at US$33 million. Current assets ended the period at US$12.6 million, with US$11 million due from related company, without a date for repayment and on which no interest is charged even as the company is due to pay interest at around 12 percent per annum on funds it owes. Current liabilities amount to $6.47 million and Net current assets ended the period at US$6.1 million.
Earnings per share came in at 0.04 US cents for the quarter and 0.067 US cents for the fiscal year, If the company passed on the interest cost to the related party, profit for the quarter would be higher by around U$350,000 for the quarter, assuming no amount changed back for the prior years and more than US$1 3 million for the year.
ICInsider.com forecasts 40 Jamaican cents per share earnings for 2023 fiscal, assuming no interest is charged on the intercompany debt. The rebound in tourist arrivals only came back to 2019 levels in June, this year. Providing there are no reversals, the company that is highly dependent on the sector will enjoy a big bounce for the next nine months compared to the lower business generated from last year to May this year.
The PE is 13 times earnings based on the latest stock price of $5.25 on the Junior Market of the Jamaica Stock Exchange.
The company is increasing its coverage in the airport, according to the Directors, construction work on the revamped post security food and beverage lounge is ongoing. “There was a soft transitioning into the new food court with some concepts opening March 2022” stated the report accompanying the quarterly. Work on the second phase is slated for completion by the end of December, the directors indicated, “with the full rollout of the rest of Concepts – Bob Marley One Love, Freshens and Bento Sushi.”
CAC 2000 ICTOP10 top performer
Junior Market IC TOP10 stocks had some strong gains in the past week and losses that were lower than the gains, but Main Market stocks were more stable, with minor price changes while Lasco Financial in the Junior Market replaced Iron Rock Insurance.
CAC 2000 was the star performer in the Junior Market during the week, jumping 20 percent to $8.30, after dropping 14 percent in the previous week to $6.90. Caribbean Assurance Brokers declined 15 percent last week to $2.30, rebounded 13 percent to $2.60 and Access Financial recovered from a 9 percent decline last week, gaining 12 percent to $22.30. Elite Diagnostic climbed 8 percent to $3.58 last week, but fell 8 percent to $3.31, Lasco Distributors gained 5 percent last week to $3.10 but could not hold on and slipped 8 percent to $2.84 and Caribbean Cream jumped 18 percent last week to $4.70, fell 5 percent to close at $4.47.
In the Main Market Guardian Holdings rose 5 percent to $520, Berger Paints gained 4 percent to percent but Key Insurance fell 7 percent to $3.36 and Sygnus Credit Investments declined 5 percent to $13.08.
At the end of the week, the average PE for the JSE Main Market TOP 10 is 6.2, well below the market average of 13.9, while the Junior Market Top 10 PE sits at 5.9 versus the market at 12.8, important indicators of the level of undervaluation of the ICTOP10 stocks. The Junior Market is projected to rise by 245 percent and the Main Market TOP10 s projected to gain an average of 239 percent, to May 2023.
The Junior Market currently sells at an average PE of around 12.8 but already there are 15 stocks or a third of the market, with PEs from 16 to 33, averaging 21. The top half of the market has an average PE of 18. This data shows how much potential gains are in the top 10. The situation in the main market is similar, with the 15 highest valued stocks priced at a PE of 15 to 84, averaging 25 and 21 excluding the highest valued one.
Currently, the Junior Market is slightly negative but is poised to move higher in the weeks ahead but the main market is under negative clouds that could send the market index lower as NCB Financial and other financial companies continue to trade with inadequate support.
ICTOP10 focuses on likely yearly winners, accordingly, the list includes some of the best companies in the market but not always. 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.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023 and are ranked in order of potential gains, computed using projected earnings for the current fiscal year. Expected values will change as stock prices fluctuate and result in weekly movements in and out of the lists. Revisions to earnings are ongoing, based on receipt of new information.
Persons who compiled this report may have an interest in securities commented on in this report.
Barita corners a third of value traded
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.
Trading climbs on the JSE US dollar market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 109 percent, valued 15 percent lower than in trading on Thursday, resulting in action in eight securities, compared to four on Thursday with three rising, one declining and four ending unchanged.
Overall, 468,198 shares were traded for US$30,924 compared to 223,783 units at US$36,555 on Thursday.
Trading averaged 58,525 shares at US$3,866 versus 55,946 units at US$9,139 on Thursday, with the month to date averaging 54,253 shares at US$4,801 versus 53,973 units at US$4,863 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index gained 0.96 points to end at 202.62.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no 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 remained at 5 US cents, with 301,294 shares crossing the market, 
MPC Caribbean Clean Energy ended at US$1 with a transfer of 2 stock units, Proven Investments popped 1 cent to 21 US cents and closed with 44,288 units changing hands. Sygnus Credit Investments USD share advanced 1.96 cents to close at 10.96 US cents, with 1,963 stocks clearing the market and Transjamaican Highway gained 0.04 of a cent in closing at 0.94 of one US cent as investors exchanged 117,255 stocks.
In the preference segment, Eppley 6% preference share ended at US$1.13 after exchanging 15 shares, JMMB Group 5.75% fell 5 cents to close at US$1.75, with 2,881 stock units crossing the exchange and JMMB Group 6% remained at US$1.05 in switching ownership of 500 units.
Junior Market trading drops
Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with a 50 percent fall in the volume of stocks traded and a 33 percent decline in the value compared to Thursday, after activity in 41 securities versus 42 on Thursday and ending with the prices of 20 rising, 16 declining and five closing unchanged.
A total of 10,149,669 shares were traded for $26,870,316 down from 20,300,179 units at $40,240,995 on Thursday.
Trading averaged 247,553 shares at $655,374 compared to 483,338 shares at $958,119 on Thursday, with the month to date, averaging 500,665 units at $1,637,154 compared to 515,490 units at $1,694,659 on the previous day. August closed with an average of 407,186 units at $1,330,946.
ONE on ONE Educational led trading with 2.16 million shares for 21.3 percent of total volume followed by iCreate with 1.95 million units for 19.2 percent of the day’s trade and Consolidated Bakeries with 1.06 million units for 10.4 percent market share.
At the close, the Junior Market Index lost 27.58 points to settle at 4,100.11.
The PE Ratio, a measure of computing appropriate stock values, averages 12.8. The PE ratios of Junior Market stocks incorporate ICInsider.com projected earnings for companies with financial year end that falls between November this year and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial increased 30 cents to $22.30 in trading 1,015 shares, AMG Packaging gained 31 cents to end at $3.81, with 153 units crossing the exchange, Caribbean Assurance Brokers rallied 30 cents to $2.60 with an exchange of 11,852 stocks. Caribbean Cream advanced 46 cents to $4.47, with 220 stock units crossing the market, Consolidated Bakeries climbed 45 cents in ending at a multiple-year closing high of $2.50 while exchanging 1,056,501 stock units, Elite Diagnostic declined 34 cents to close at $3.31 in a swapping of 92,279 stocks. Everything Fresh rose 20 cents in closing at $1.50 with investors transferring 158,580 units, Fontana popped 20 cents in ending at $9.45 after 80,927 shares crossed the market, Future Energy Source shed 28 cents to end at $5.01 with 241,453 stock units clearing the market. Honey Bun rose 49 cents to $8.27 after trading 6,714 units, iCreate fell 26 cents in closing at $2.21 with the swapping of 1,952,192 shares, Lasco Distributors lost 16 cents to end at $2.84 after exchanging 160,365 stocks. Lasco Manufacturing increased 19 cents to end at $4.30 in trading 22,650 units, Mailpac Group popped 15 cents in ending at $2.42 after exchanging 106,187 shares, Spur Tree Spices dipped 15 cents to close at $3.49 in an exchange of 497,012 stocks. 
Stationery and Office Supplies dropped $1.30 to end at $16.20 in switching ownership of 10,000 stock units and tTech rallied 45 cents to $3 as investors exchanged 254,811 stocks.
In the preference segment, CAC 2000 9.5% preference share shed 16 cents to close at $1.01, with 6,538 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE main market gains, Junior Market slips
The main market of the Jamaica Stock Exchange rose moderately on Friday while the Junior Market slipped but the JSE USD market inched higher at the close of a trading session, with the value of stocks trading rising sharply over Thursday’s trades, resulting in the JSE Combined Index, a measure of the overall market, rising 15.41 points to 369,822.91.
The All Jamaican Composite Index popped 1,975.07 points to 406,828.49, the JSE Main Index rose 284.34 points to 356,098.21, the Junior Market Index fell 27.58 points to 4100.11 and the JSE USD market Index added 0.96 points to close 202.62.
Trading ended, with 31,932,432 shares changing hands, valued at $511.87 million, from $122.26 million, with 27,386,607 shares traded in the overall market on the previous day. The JSE USD market ended with the value of stocks traded at US$ 30,924 from US$36,555 on Thursday.
The market’s PE ratio ended at 22.8 based on 2021-22 earnings and 12.3 times those for 2022-23 at the close of trading.
Investors need pertinent information to successfully navigate many investment options in the local stock market. The ICInsider.com PE ratio chart and the more detailed daily report charts provide investors with regularly updated information to help decision-making.
Investors should use the chart to help make rational investment decisions by investing in stocks close to the average for the sector and not going too far from it unless there are compelling reasons to do so. This approach helps to remove emotions from investment decisions and put in on fundamentals while at the same time not being too far from the majority of investors. Investors who buy when the price of a stock is close to the average will find that they are not inclined to overpay for a stock.
The ICInsider.com PE Ratio chart covers all ordinary shares on the Jamaica Stock Exchange. It shows companies grouped on an industry basis, allowing easy comparisons between the same sector companies and the overall market.
The net asset value of each company is reported as a guide to assess the value of stocks based on this measure quickly. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends payable and yields for each company are shown in the Main and Junior Markets’ daily report charts that show the closing volume for the bids and offers.
The EPS & PE ratios are based on 2021 and 2022 actual or projected earnings, excluding major one off items. The PE Ratio is the most popular measure used to determine the value of stocks.
Trading jumps on JSE US dollar market
Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged rising 83 percent and valued 75 percent more than on Wednesday, resulting from trading of four securities, similar to Wednesday with one rising, three declining with none unchanged.
Overall, 223,783 shares traded, for US$36,555 up from 122,203 units at US$20,869 on Wednesday. Trading averaged 55,946 units at US$9,139 versus 30,551 shares at US$5,217 on Wednesday, with a month to date average of 53,973 shares at US$4,863 versus 53,906 units at US$4,718 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index gained 2.03 points to end at 201.66.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share rose 0.99 of a cent to 5 US cents in exchanging 120,250 shares, Proven Investments shed 0.55 of one cent in closing at 20 US cents while trading 4,122 stocks and Sygnus Credit Investments USD share dropped 1 cent to end at 9 US cents with the swapping of 78,411 units.
In the preference segment, JMMB Group 6% dipped 5 cents after ending at US$1.05, with 21,000 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market treading drops
The Jamaica Stock Exchange Main Market ended on Thursday, with modest gains following a 37 percent fall in the volume of stocks traded as 59 percent less money entered the market compared to Wednesday, with 56 securities trading compared to 52 on Wednesday, resulting in prices of 15 stocks rising, 23 declining and 18 unchanged.
Investors traded 6,862,645 shares for $82,023,834 down from 10,894,043 units at $200,361,949 on Wednesday. Trading averages 122,547 units at $1,464,711, versus 209,501 shares at $3,853,114 on Wednesday and month to date, an average of 203,473 units at $2,825,479, compared to 208,980 units at $2,918,070 on the previous day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 1.78 million shares for 25.9 percent of total volume followed by Sagicor Select Financial Fund with 1.14 million units for 16.6 percent of the day’s trade and Wigton Windfarm with 622,424 units for 9.1 percent market share.
The All Jamaican Composite Index advanced 59.03 points to 404,853.42, the JSE Main Index rallied 327.78 points to 355,813.87 and the JSE Financial Index gained 0.07 points to settle at 84.26.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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 ten stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments advanced $3 to $91 in an exchange of 348,765 shares, Caribbean Cement dropped $3 to end at $59.30 after trading 57,589 stock units, Caribbean Producers fell 55 cents to $13.25 with the swapping of 88,466 stocks. Eppley rose $1.48 in closing at $40.50, with 69 units crossing the market, Eppley Caribbean Property Fund gained $1.58 to close at $43.98 with investors transferring 2,537 stock units, Jamaica Broilers dipped $1.10 to close at $28.20 after an exchange of 8,179 units. Jamaica Stock Exchange declined 51 cents to end at $16.49, with 58,696 shares crossing the market, Massy Holdings fell $1.01 to $85 with a transfer of 808 stocks, Mayberry Jamaican Equities shed $2.56 in ending at $10 after exchanging 4,400 units. MPC Caribbean Clean Energy increased $16 in closing at $84 with a mere two stock units traded, NCB Financial dipped $1 to $89 in trading 123,829 shares, Proven Investments declined 50 cents in closing at $30.01 after exchanging 35,422 stocks. 
Sagicor Group dropped 49 cents to $50.01 after trading 26,985 units, Scotia Group lost $1 to close at $33.50 after 23,423 stock units changed hands and Seprod shed $3 to end at $65, with 52,792 stocks crossing the exchange.
In the preference segment, Eppley 7.50% preference share popped 67 cents to end at $7.33 as investors exchanged 1,099 shares and 138 Student Living preference share fell $1.75 to $50, with 11 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
