Following the closure of trading for the long Easter weekend, the Jamaica Stock Exchange Main Market ended on Tuesday, with declining stocks overpowering winning two to one following a 25 percent fall in the volume of stocks traded declining with a 54 percent drop in value compared to Thursday, with trading in 62 securities compared with 60 on Thursday, with prices of 15 stocks rising, 29 declining and 18 ending unchanged as Radio Jamaica closed at a 52 weeks’ low of $1.20.
The market closed with 11,767,625 shares being traded for $77,270,952 compared with 15,645,101 units at $167,372,295 on Thursday.
Trading averaged 189,800 shares at $1,246,306 compared to 260,752 units at $2,789,538 on Thursday compared to March that closed with an average of 828,473 units at $2,341,254.
Wigton Windfarm led trading with 3.86 million shares for 32.8 percent of the overall volume followed by Transjamaican Highway with 3.42 million units for 29.1 percent of the day’s trade and General Accident with 1.0 million units for 8.5 percent of market share.
The All Jamaican Composite Index sank 1,084.66 points to close trading at 367,499.60, the JSE Main Index declined 135.73 points to settle at 327,662.97 and the JSE Financial Index rallied 0.13 points to 70.38.
The Main Market ended trading with an average PE Ratio of 13.2. 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 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden jumped $3.50 and ended at $38.50 in an exchange of 150 stocks, Barita Investments lost $1.90 to close at $73 with investors swapping 13,978 units, Berger Paints popped 34 cents to end at $5.84 after 89 shares passed through the market. Caribbean Cement sank $2.70 in closing at $58.80 after an exchange of 3,851 stock units, Eppley rallied 45 cents to close at $34.66 in switching ownership of 472 shares, General Accident increased 35 cents to $5.65 after a transfer of 1,000,151 stock units. Guardian Holdings climbed $6 to close at $366, with 6,179 units changing hands, Jamaica Broilers declined 89 cents to $33.10 in an exchange of 76,126 units. Jamaica Producers fell 98 cents to end at $23 with investors dealing in 7,831 stocks, Jamaica Stock Exchange skidded 43 cents to $10.06, with 99,836 shares crossing the market, JMMB Group dropped $1.49 and ended at $25.01 in trading 150,970 stock units. Key Insurance shed 34 cents to close at $2.23 after an exchange of 3,568 shares, Kingston Properties dipped 40 cents in closing at $8 after 5,065 stock units passed through the market, 
Lasco Manufacturing sank 83 cents to end at $5.25 as investors traded 50,661 stocks. MPC Caribbean Clean Energy dropped $13.50 to $80 with an exchange of 1,532 units, NCB Financial lost $1.95 to end at $64 with investors trading 127,979 shares, Pan Jamaica gained $1 in closing at $50, with 2,572 units crossing the exchange. Seprod skidded 35 cents to close at $84.64 with investors transferring 3,811 stocks, Stanley Motta rose 46 cents and ended at $7.38 with 1,672 stock units clearing the market and Supreme Ventures fell $1.80 to $23 while exchanging 76,105 shares.
In the preference segment, Productive Business Solutions 10.5% preference share dropped $50.99 to end at $1,099.01 with a transfer of 12 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading drops & prices fall on Main Market
Trading slipped on the Jamaica Stock Exchange Main Market ended on Friday and pulled the Market indices with it after a 95 percent drop in the volume of stocks traded and an 87 percent fall in value compared with that on Thursday, with trading in 55 securities compared with 61 on Thursday and resulted in prices of 18 stocks rising, 23 declining and 14 ending unchanged.
The market closed with an exchange of 25,126,154 shares for $233,060,092, well down from 551,681,523 units at $1,798,734,217 on Thursday.
Trading averaged 456,839 shares at $4,237,456 compared to 9,043,959 units at $29,487,446 on Thursday and month to date, an average of 2,585,174 units at $9,516,984 compared with 3,224,837 units at $11,103,727 on the previous day and March that closed with an average of 828,473 units at $2,341,254.
Carreras led trading with 10.79 million shares for 43 percent of total volume followed by Wigton Windfarm with 5.19 million units for 20.7 percent of the day’s trade, JMMB 9.5% preference share chipped in with 3.01 million units for 12 percent market share, as JMMB Group 7.25% preference share due 2024 ended with 1.66 million units for 6.6 percent total shares traded and GraceKennedy with 1.31 million units for 5.2 percent of the overall volume.
The All Jamaican Composite Index slipped 2,067.87 points to conclude trading at 365,157.55, the JSE Main Index skidded 1,505.24 points to wrap up trading at 326,418.42 and the JSE Financial Index rallied 0.09 points to 70.49.
The Main Market ended trading with an average PE Ratio of 13.1. 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 11 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden gained $3.25 in closing at $39 with an exchange of 314 stock units, Barita Investments lost 63 cents to end at $70, with 8,596 shares crossing the market, Eppley shed $2.49 to end at $37 with a transfer of 302 units. Eppley Caribbean Property Fund rose $2.49 to close at $40 after investors ended trading just two stocks, Jamaica Broilers rallied $1.09 and ended at $33.99 in an exchange of 5,449 shares, Jamaica Producers fell $2.52 to finish at $21.78 with 31,288 stock units clearing the market. Key Insurance dipped 35 cents and ended at $2.22 in trading 552 stocks, Kingston Wharves sank 75 cents to $29.25, with 3,427 units crossing the market, Mayberry Group increased 45 cents to close at $7.37 in an exchange of 1,721 shares. 
NCB Financial skidded 50 cents to end at $64.50 with investors transferring 3,769 units, Scotia Group climbed 35 cents in closing at $47.05 in switching ownership of 193,476 stocks, Seprod shed $4.59 to finish at $78.81 and closed with an exchange of 2,012 stock units. Stanley Motta declined $1.07 to $6.03 after 3,605 shares passed through the market, Supreme Ventures popped 30 cents to finish at $23.80 after an exchange of 28,854 stock units and Wisynco Group dropped 51 cents and ended at $20.51 with investors trading 261,544 stocks.
In the preference segment, Jamaica Public Service 7% advanced $5 to end at $48 with 15 units crossing the exchange and Productive Business Solutions 9.75% preference share fell $9.92 in closing at $95.08 with traders dealing in 920 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big drop for Junior Market on Friday
Trading closed on the Junior Market of the Jamaica Stock Exchange Friday, with a big drop in the market index following a 10 percent decline in the volume of stocks traded, following a 28 percent drop in value compared to market activity on Thursday with trading in 40 securities compared with 44 on Thursday and ending with prices of nine rising, 20 declining and 11 closing unchanged.
At the close of trading, the Junior Market Index dived 51.06 points to end at 3,766.56, down 2.1 percent for the year to date.
The market closed on Friday with trading of 3,732,698 shares valued at $7,075,691 compared with 4,130,132 stock units at $9,762,303 on Thursday.
Trading averaged 93,317 shares at $176,892, compared with 93,867 units at $221,871 on Thursday. Trading for the month to date, averaged 151,929 stock units at $328,204 compared with 170,245 stocks at $375,489 on the previous day and compared to March with an average of 221,659 units at $464,382.
ONE on ONE Educational led trading with 1.23 million shares for 32.8 percent of total volume followed by EduFocal with 432,820 units for 11.6 percent of the day’s trade as the price hit a 52 weeks’ low in trading and Fosrich with 222,006 stock for 5.9 percent market share.
The Junior Market ended trading with an average PE Ratio of 12.5, based on the last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Access Financial declined $2.09 to $19.86 after an exchange of 121 shares, AMG Packaging fell 34 cents and ended at $3.12, with 500 units changing hands, Blue Power rose 23 cents in closing at $3.23 after an exchange of 69,564 shares. CAC 2000 dropped 67 cents to finish at $3.82 with investors transferring 569 stock units, Caribbean Assurance Brokers advanced 15 cents to end at $2.35 in an exchange of 84,264 shares, Caribbean Cream shed 30 cents to close at $3.58 with investors swapping 2,030 units. Derrimon Trading sank 10 cents to $2 in switching ownership of 207,716 stocks, 
Elite Diagnostic popped 25 cents in closing at $1.66 with traders dealing in 1,471 stock units, Image Plus skidded 7 cents to finish at $1.88 as investors exchanged 12,718 shares. Jetcon Corporation lost 7 cents and ended at 88 cents in trading 2,056 stock units, Knutsford Express slipped 80 cents to end at $11 with investors exchanging 2,293 stocks, Limners and Bards dipped 41 cents to close at $1.34 with a transfer of 11,395 units. Lumber Depot sank 36 cents to close at $2.34 following the trading of 181,052 shares, Main Event lost 66 cents to end at $13.61 in an exchange of 39,401 stock units, ONE on ONE Educational slipped 7 cents in closing at 92 cents with investors trading 1,225,460 stocks and Tropical Battery gained 13 cents to close at $2.18 after a transfer of 26,549 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Lacklustre trading on JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 12 percent, with 38 percent lower value than on Thursday, resulting in trading in eight securities, compared to nine on Thursday with prices of four rising, one declining and three ending unchanged.
The market closed with an exchange of 209,773 shares for US$28,768 compared to 186,609 units at US$46,047 on Thursday.
Trading averaged 26,222 units at US$3,596 versus 20,734 shares at US$5,116 on Thursday, with a month to date average of 40,669 shares at US$3,482 compared to 45,694 units at US$3,442 on the previous day and March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index rallied 0.59 points to cease trading at 244.03.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden rallied 0.01 of a cent to finish at 22.02 US cents with investors trading 8,914 units, First Rock Real Estate USD share increased 0.49 of one cent and ended at 4.5 US cents after an exchange of 2,133 stocks, 
Margaritaville ended at 10 US cents in trading 3,335 shares. Proven Investments popped 0.99 of one cent to 14.89 US cents, with 181,504 stocks crossing the exchange, Sterling Investments fell 0.05 of a cent to end at 1.65 US cents in switching ownership of 1,267 shares, Sygnus Credit Investments rose 0.7 of a cent to 8 US cents as investors traded 2,983 stock units and Transjamaican Highway remained at 2.18 US cents after trading 9,137 stocks.
In the preference segment, JMMB Group US8.5% preference share remained at US$1.19 after an exchange of 500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE suffers big decline on Friday
The Main and Junior markets suffered a sizable fall but the USD Market inched up higher, with trading on the Jamaica Stock Exchange coming back to earth on Friday, following the big bounce on Thursday with trading ended with the volume and value of stocks changing hands dropping sharply from that of the previous trading day, resulting in prices of only 27 shares rising and 39 declining.
At the close of trading, the JSE Combined Market Index dropped 1,798.83 points to 339,161.61, the All Jamaican Composite Index sank 2,067.87 points to end at 365,157.55, the JSE Main Index shed 1,505.24 points to end at 326,418.42. The Junior Market Index plunged 51.06 points to 3,766.56 and the JSE USD Market Index rallied 0.63 points to finish at 244.03.
At the close of trading, 29,059,711 shares were exchanged in all three markets, well off from 555,998,264 units on Thursday, with the value of stocks traded on the Junior and Main markets amounted to $240.14 million, vastly lower than the $1.808 billion on the previous trading day and the JSE USD market closed with an exchange of 209,773 shares for US$28,768 compared to 186,609 units at US$46,047 on Thursday.
In Main Market activity, Carreras led trading with 10.79 million shares followed by Wigton Windfarm with 5.19 million units, then JMMB 9.5% preference share with 3.01 million shares, JMMB Group 7.25% preference share due 2024 chipped in with 1.66 million units and GraceKennedy with 1.31 million stock units.
In the Junior Market, ONE on ONE Educational led trading with 1.23 million shares followed by EduFocal with 432,820 stock units and Fosrich with 222,006 units.
In the preference segment, Jamaica Public Service 7% advanced $5 to end at $48 and Productive Business Solutions 9.75% preference share fell $9.92 in closing at $95.08.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 19.7 on 2022-23 earnings and 13.7 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the 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 decisions when 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 place them 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 net asset value of each company is reported as a guide for investors 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 paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Junior Market drops
Trading closed on the Junior Market of the Jamaica Stock Exchange Thursday, with a 60 percent decline in the volume of stocks traded, with a 56 percent lower value than Wednesday flowing from
trading in 44 securities up from 39 on Wednesday and ending with prices of 16 rising, 17 declining and 11 closing unchanged.
The market closed with trading of 4,130,132 shares for $9,762,303 compared with 10,446,628 units at $22,291,796 on Wednesday.
Trading averaged 93,867 shares at $221,871, compared with 267,862 units at $571,585 on Wednesday with the month to date, averaging 170,245 units at $375,489 compared to 210,253 stock units at $455,956 on the previous day and March with an average of 221,659 units at $464,382.
Express Catering led trading with 805,692 shares for 19.5 percent of total volume followed by EduFocal with 793,618 units for 19.2 percent of the day’s trade and MFS Capital Partners with 461,757 units for 11.2 percent market share.
At the close of trading, the Junior Market Index shed 17.46 points to end the day at 3,817.62.
The Junior Market ended trading with an average PE Ratio of 12.9, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, CAC 2000 rallied 24 cents to close at $4.49 with traders dealing in 29 stock units, Dolla Financial dropped 10 cents to $2.70 as investors exchanged 235,216 shares, Dolphin Cove popped 41 cents to finish at $19.39 after trading 320 units. Elite Diagnostic sank 26 cents and ended at $1.41 with a transfer of 64,794 stocks, Fontana skidded 10 cents to end at $8.80 with investors swapping 129,128 units, 
Iron Rock Insurance gained 16 cents in closing at $2.51, with 76 stocks crossing the market. Jamaican Teas lost 28 cents to $2.40 with investors trading 35,389 shares, Knutsford Express slipped 9 cents in closing at $11.80, with 1,965 stock units changing hands, Lasco Financial rose 11 cents and ended at $1.91 in trading 5,980 shares. Limners and Bards climbed 28 cents to finish at $1.75 with 1,449 units clearing the market, MFS Capital Partners fell 12 cents to end at $1.53 with an exchange of 461,757 stocks, Tropical Battery shed 15 cents to close at $2.05 after 99,901 stock units passed through the market and tTech increased 29 cents to $2.30 in switching ownership of just one share.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Transjamaican dominated JSE trading
Transjamaican Highway dominated trading on the Jamaica Stock Exchange on Thursday with more than half a billion units traded valued at just over $1.75 billion, with trading resulted in the Main and USD Markets rising and the Junior Market JSE USD market closing lower as trading ended with the value and number of stocks changing hands surging sharply over the previous trading day and resulting in prices of 33 shares rising and 39 declining.
At the close of trading, the JSE Combined Market Index climbed 1,326.81 points to 340,960.44, the All Jamaican Composite Index gained 1,625.36 points to 367,225.42, the JSE Main Index rallied 1,510.99 points to 327,923.66. The Junior Market Index declined 17.46 points to end the day at 3,817.62 and the JSE USD Market Index rose 2.55 points to close at 243.40.
At the close of trading, 555,998,264 shares were exchanged in all three markets, well up on 37,702,741 units on Wednesday, with the value of stocks traded on the Junior and Main markets amounted to $1.808 billion, up from just $178.27 million on the previous trading day and the JSE USD market closed with an exchange of 186,609 shares for US$46,047 compared to 560,085 units at US$19,785 on Wednesday.
In the Main Market activity, Transjamaican Highway led trading with 540.57 million shares followed by QWI Investments with 4.40 million stocks, JMMB Group 7.25% preference share due 2024 ended with 1.98 million units and Wigton Windfarm closed with 1.42 million stock units being traded.
In the Junior Market, Express Catering led trading with 805,692 shares followed by EduFocal with 793,618 stock units and MFS Capital Partners with 461,757 units.
In the preference segment, Productive Business Solutions 10.5 % preference share advanced $11 to finish at $1,110 and Sygnus Credit Investments C10.5% popped $1 and ended at $110.
The market’s PE ratio, the most popular measure used to determine the value of stocks, ended at 21.93 on 2022-23 earnings and 14.3 times those for 2023-24 at the close of trading. ICInsider.com PE ratio chart and the more detailed daily charts provide investors with regularly updated information to help decision-making.
The PE ratio chart covers all ordinary shares on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons between the same sector companies and the overall market. The EPS & PE ratios are based on 2023 and 2024 actual or projected earnings, excluding major one off items.
Investors need pertinent information to navigate numerous investment options successfully in the 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 decisions when 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 place them 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 net asset value of each company is reported as a guide for investors 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 paid or payable and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
Transjamaican steals Main Market spotlight
Trading surged on the Jamaica Stock Exchange Main Market ended on Thursday, with Transjamaican Highway dominating with more than 540 million shares worth $1.756 billion, sending the volume of stocks traded up by a solid 1,967 percent with the value jumping 1,053 percent more than on Wednesday, with trading in 61 securities compared with 60 on Wednesday, with prices of 21 stocks rising, 24 declining and 16 ending unchanged.
The market closed after 551,681,523 shares were traded for $1,798,734,217 compared with 26,696,028 units at $155,976,938 on Wednesday.
Trading averaged 9,043,959 shares at $29,487,446 compared to 444,934 stocks at $2,599,616 on Wednesday. Trading for the month to date, ended with an average of 3,224,837 units at $11,103,727, compared with 315,276 units at $1,911,868 on the previous day and March that closed with an average of 828,473 units at $2,341,254.
Transjamaican Highway led trading with 540.57 million shares for 98 percent of total volume followed by QWI Investments with 4.40 million units for 0.8 percent of the day’s trade, JMMB Group 7.25% preference share due 2024 closed with 1.98 million units for 0.4 percent market share and Wigton Windfarm with 1.42 million units for 0.3 percent of total volume.
The All Jamaican Composite Index climbed 1,625.36 points to lock up trading at 367,225.42, the JSE Main Index jumped 1,510.99 points to close at 327,923.66 and the JSE Financial Index popped 0.43 points to end the day at 70.40.
The Main Market ended trading with an average PE Ratio of 13.2. 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 eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden shed $2.75 to close at $35.75 with investors trading 2,332 units, Barita Investments fell $2.27 in closing at $70.63, with 6,503 stocks changing hands, Caribbean Cement declined $2.45 and ended at $56 as investors exchanged 16,470 shares. Caribbean Producers shed 50 cents to finish at $8.90 in trading 98,724 stock units, Eppley Caribbean Property Fund climbed 51 cents to close at $37.51 after an exchange of 117 shares, First Rock Real Estate dropped 43 cents to end at $10 with investors swapping 284,351 stock units. Jamaica Broilers sank 60 cents to $32.90 in an exchange of 104,752 units, Jamaica Producers increased $1.30 to close at $24.30 with investors dealing in 5,026 stocks, Key Insurance popped 36 cents and ended at $2.57 with 2,094 shares clearing the market.
Kingston Wharves skidded 30 cents to finish at $30 with investors transferring 29,870 units, Margaritaville lost $1.02 to end at $15.98 in switching ownership of 3 stocks, Mayberry Group slipped 46 cents in closing at $6.92 after 3,448 stock units passed through the market. NCB Financial advanced $1 to $65 in an exchange of 4,109 shares, Pan Jamaica rose $1.40 and ended at $49.90, with 2,533 stock units crossing the market, Sagicor Group gained 30 cents to finish at $41.50 after a transfer of 18,896 stocks. Scotia Group rallied 80 cents to end at $46.70 after 132,003 units were traded, Supreme Ventures sank 99 cents in closing at $23.50 with a transfer of 15,342 stocks, Sygnus Credit Investments skidded 30 cents to close at $10.50, with 63,922 units crossing the exchange and Sygnus Real Estate Finance fell $2.60 to $10.20 with traders dealing in 242 shares.
In the preference segment, Jamaica Public Service 7% rose 99 cents in closing at $43, with 6 stock units crossing the market, 138 Student Living preference share dipped 53 cents to close at $217.50 after exchanging 2 shares. Productive Business Solutions 10.5 % preference share advanced $11 to finish at $1110 and closed with an exchange of 249 stock units and Sygnus Credit Investments C10.5% popped $1 and ended at $110 with an exchange of 587 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading rises on the JSE USD market
Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with an 84 percent rise in the volume of stocks that changed hands after a 48 percent jump in value compared with Tuesday, resulting in trading in seven securities, similar to Tuesday with prices of three rising, three declining and one ending unchanged.
The market closed with an exchange of 560,085 shares for US$19,785 compared with 304,275 stock units at US$13,337 on Tuesday.
Trading averaged 80,012 units at US$2,826 up from 43,468 shares at US$1,905 on Tuesday, with a month to date average of 61,740 shares at US$2,366 compared with March that ended with an average of 49,394 units for US$3,593.
The US Denominated Equities Index shed 5.61 points to wrap-up trading at 240.83.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share fell 0.49 of one cent to close at 4.01 US cents in an exchange of 15,191 stocks, 
Productive Business Solutions remained at US$1.70, with 2,540 units crossing the market, Proven Investments rallied 1.1 cents to 15.9 US cents with investors trading 29,228 shares. Sterling Investments shed 0.1 of a cent to end at 1.6 US cents, with an exchange of 11 stock units, Sygnus Credit Investments increased 0.98 of one cent in closing at 8 US cents in switching ownership of 1,120 shares, Sygnus Real Estate Finance USD share popped 0.03 of a cent to 9 US cents while exchanging 459 stocks and Transjamaican Highway dropped 0.03 of a cent in closing at 2.2 US cents after 511,536 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
More declines for Main Market
Falling stocks just edged out those rising in trading on the Main Market of the Jamaica Stock Exchange on Wednesday, with trading in 60 securities compared with 62 on Tuesday, with prices of 20 stocks rising, 22 declining and 18 ending unchanged, with a surge of 127 percent in the volume of stocks traded and 102 percent greater value than on Tuesday.
The market closed with an exchange of 26,696,028 shares at $155,976,938 from 11,767,625 units at $77,270,952 on Tuesday.
Trading averaged 444,934 shares at $2,599,616 compared to 189,800 units at $1,246,306 on Tuesday and month to date, an average of 315,276 units at $1,911,868 compared with March that closed with an average of 828,473 units at $2,341,254.
General Accident led trading with 15.0 million shares for 56.2 percent of total volume followed by Wigton Windfarm with 5.39 million units for 20.2 percent of the day’s trade and Transjamaican Highway with 2.76 million stock units for 10.3 percent market share.
The All Jamaican Composite Index lost 1,899.54 points to end trading at 365,600.06, the JSE Main Index fell 1,250.30 points to 326,412.67 and the JSE Financial Index skidded 0.41 points to settle at 69.97.
The Main Market ended trading with an average PE Ratio of 13.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints declined 34 cents and ended at $5.50 with investors trading 682 shares, Caribbean Cement lost 35 cents to close at $58.45 in an exchange of 9,434 stocks, Eppley gained $4.83 in closing at $39.49 as investors traded 635 units. Eppley Caribbean Property Fund fell $3 to end at $37 after investors ended trading 3,031 stock units, General Accident popped 35 cents to $6, with 15,003,418 shares crossing the market, Guardian Holdings skidded $6 to $360 in an exchange of 535 stock units. Jamaica Broilers advanced 40 cents and ended at $33.50 with investors dealing in 873,488 stocks, Lasco Distributors rose 54 cents to $4.80 with a transfer of 89,960 units, 
Lasco Manufacturing rallied 53 cents to close at $5.78, with 38,241 shares crossing the exchange. Margaritaville gained $1.02 to end at $17 in trading 596 stock units, MPC Caribbean Clean Energy rose $2.24 to $82.24 after an exchange of 55 units, Pan Jamaica sank $1.50 and ended at $48.50 with investors trading 44,310 stocks. Proven Investments popped 45 cents in closing at $22.45 in switching ownership of 302 units, Scotia Group dropped $1.43 to $45.90 with traders dealing in 2,177 shares, Seprod shed $1.24 to close at $83.40 while exchanging 24,514 stock units and Supreme Ventures increased $1.49 to $24.49 after a transfer of 111,813 stocks.
In the preference segment, Jamaica Public Service 9.5% dropped $200 to close at 52 weeks’ low of $2700 with 196 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
