Investors plunked down more money in trading activity on the Jamaica Stock Exchange Main Market on Wednesday and exchanged 40 percent more stocks with a 136 percent more value than Tuesday, with 57 securities trading compared to 59 on Tuesday, resulting in 23 rising, 21 declining and 13 ending unchanged.
A total of 10,739,673 shares were exchanged for $143,425,088, up from 7,679,692 units at $60,706,599 on Tuesday.
Wednesday’s trading averages 188,415 units at $2,516,230 compared with 130,164 shares at $1,028,925 on Tuesday and month to date, an average of 171,366 units at $2,457,494 compared to 163,130 units at $2,429,121 on the previous day. September closed with an average of 533,719 units at $5,494,282.
JMMB Group led trading with 2.25 million shares for 21 percent of the day’s volume, followed by Transjamaican Highway with 2.22 million units for 20.7 percent of the day’s trade and Wigton Windfarm with 2.06 million units for 19.2 percent of market share.
The All Jamaican Composite Index dived 4,899.45 points to 405,205.12, the JSE Main Index fell 4,260.42 points to 355,012.14 and the JSE Financial Index shed 1.19 points to settle at 85.26.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 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 six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments gained $2.02 to close at $100.50 after a transfer of 23,023 shares, Berger Paints rose 54 cents to $11.10 in trading 600 stock units, Eppley climbed $2.50 to $41 as investors exchanged 316 units. First Rock Real Estate dropped $1.05 to $11.95 in trading 2,072 stocks, Guardian Holdings rose $10 to $510, with 10 stock units crossing the exchange, Jamaica Broilers rallied 43 cents to end at $29.93 after 10,555 units passed through the market. Jamaica Producers advanced $1.83 to close at $20.83 finishing at 154,744 stocks, JMMB Group dropped 45 cents in closing at $38 while exchanging 2,251,622 shares, Kingston Properties declined 60 cents to $6.80 in exchanging 23,333 shares. Massy Holdings shed 45 cents to $86 with the swapping of 4,826 units, 138 Student Living popped 40 cents to $5.80 in switching ownership of 4,132 stock units, PanJam Investment popped 90 cents to close at $59.90 with a transfer of 3,781 stocks. Sagicor Group increased 90 cents to $52.11, with 66,449 shares changing hands, Seprod gained $1.99 in closing at $68, with 45,109 stock units crossing the market and Sygnus Real Estate Finance dipped $1 to $9 with an exchange of 8,500 units.
In the preference segment, Eppley 7.50% preference share fell $1.74 to $6 after exchanging 1,353 stocks and 138 Student Living preference share rose $2 to $69 after trading 45 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 34 percent, with a 73 percent lower value than on Monday, with the number of securities trading remaining at 59 as was the case on Monday, with price of 25 rising, 22 declining and 12 ending unchanged.
A total of 7,679,692 shares were exchanged for $60,706,599 down from 11,569,694 units at $225,929,693 on Monday.
Tuesday’s trading averaged 130,164 units at $1,028,925, compared to 196,097 shares at $3,829,317 on Monday and month to date, an average of 163,130 units at $2,429,121. September closed with an average of 533,719 units at $5,494,282.
Wigton Windfarm led trading with 1.98 million shares for 25.7 percent of total volume followed by Transjamaican Highway with 1.51 million units for 19.7 percent of the day’s trade and Radio Jamaica with 1.50 million units for 19.5 percent market share.
The All Jamaican Composite Index dropped 4,027.86 points to 410,104.57, the JSE Main Index declined 1,429.05 points to 359,272.56 and the JSE Financial Index fell 1.37 points to settle at 86.45.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 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 eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments shed $7.92 in ending at $98.48, with 22,207 shares crossing the market, Berger Paints fell 49 cents in closing at $10.56 with investors transferring 352 stocks, Caribbean Cement dipped $3.28 to end at $58.22 in trading 42,616 units. First Rock Real Estate rallied $1.05 to $13 after trading 7,164 stock units, GraceKennedy rose 50 cents to close at $89 in switching ownership of 118,717 stock units, Guardian Holdings fell $10 to $500 after an exchange of 10 units. Jamaica Broilers dropped 50 cents in closing at $29.50 after trading 7,789 shares, Jamaica Producers declined $1.89 to close at $19 in an exchange of 26,522 stocks, Jamaica Stock Exchange fell $1.25 to $15.23, with 14,049 shares changing hands. JMMB Group lost $2.05 in ending at $38.45 as investors exchanged 241,616 stocks, Kingston Properties gained 59 cents to end at $7.40 while exchanging 15,371 units, Kingston Wharves popped $3.85 to $39, with 8,777 stock units crossing the market. Massy Holdings advanced $6.45 to end at $86.45 with the swapping of 1,237 stocks, 138 Student Living declined 46 cents in closing at $5.40 after exchanging 15,578 stock units, Palace Amusement climbed $50 to close at $800 with an exchange of one unit. PanJam Investment dropped 90 cents to end at $59, with 26,233 shares changing hands, Portland JSX shed $1.45 to close at $9.05 after trading 8 shares, Proven Investments increased $1.17 to $31.19 with a transfer of 968 stock units. Sagicor Group dipped $2.27 in closing at $51.21 after 2,613 units crossed the exchange, Scotia Group increased $1.65 to $36.35 while exchanging 106,603 stocks, Seprod dropped $1.49 to $66.01 with 7,675 stock units clearing the market. Sygnus Real Estate Finance gained 70 cents in closing at $10 while exchanging 1,694 stocks, Wisynco Group advanced 85 cents to $18.35 with the swapping of 222,018 units.
In the preference segment, Eppley 5% preference share lost $3.15 to end at a 52 weeks’ high of $17.85 in switching ownership of 211 stock units, Eppley 7.50% preference share rose 70 cents ending at $7.74 while exchanging 310 units, Jamaica Public Service 9.5% popped $100 in closing at $3000 as investors exchanged one share,  Productive Business Solutions 9.75% preference share declined $3.63 to close at $136.37 with an exchange of two stocks and Transjamaican Highway 8% climbed 70 cents to close at $2.40 with investors transferring 74 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

After a run of rising market over the past seven the Jamaica Stock Exchange Main Market was tamed on Monday, with the start of a new month as the volume of stocks traded declined 95 percent with a 91 percent lower value than on Friday, after 59 securities were trading compared to 60 on Friday, with 22 rising, 30 declining and seven ending unchanged.
A total of 11,569,694 shares were traded for $225,929,693 down from 212,535,654 units at $2,391,952,140 on Friday.
Trading averaged 196,097 units at $3,829,317 versus 3,542,261 shares at $39,865,869 on Friday. Trading in September ended with an average of 533,719 units at $5,494,282.
Transjamaican Highway led trading with 3.75 million shares for 32.4 percent of the volume  Massy Holdings followed with 1.46 million units for 12.6 percent of the day’s trade, Scotia Group ended with 1.31 million units for 11.3 percent market share and Sagicor Select Financial Fund with 1.24 million units for 10.7 percent of stocks trading.
The All Jamaican Composite Index rose 189.12 points to 414,132.43, the JSE Main Index shed 989.99 points to 360,701.61 and the JSE Financial Index increased 0.12 points to settle at 87.82.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 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 three with lower offers.
At the close, Barita Investments declined $8.64 to close at $106.40 in switching ownership of 70,616 stock units, Berger Paints advanced $1.05 to close at $11.05 in an exchange of 4,248 stocks. Caribbean Producers increased 85 cents to end at $13.99 after finishing trading 277,773 units, Eppley dipped $2.50 in closing at $38.50 as investors exchanged 238 stock units, Eppley Caribbean Property Fund dropped $4.49 to end at $45.50 after a transfer of 4,003 stocks. First Rock Real Estate fell $1.80 in closing at $11.95 with an exchange of 5,613 units, GraceKennedy shed $1 to end at $88.50 trading 22,068 shares, Jamaica Broilers rose 50 cents to $30 in exchanging 101,621 stocks. Jamaica Stock Exchange shed $1.12 to close at $16.48, with 12,756 shares crossing the exchange, JMMB Group rallied $1 ending to $40.50 after 93,852 stock units passed through the market, Kingston Properties lost $1.19 to close at $6.81 after 13,179 units changed hands. Kingston Wharves dipped $2.85 in closing at $35.15 after exchanging 80,711 stocks, Margaritaville dropped $2.60 to end at $19.40 while investors swapped four shares, Massy Holdings declined $2 to close at $80, with 1,456,860 stock units clearing the market. 138 Student Living popped 61 cents ending at $5.86 with an exchange of 204 units, PanJam Investment climbed 90 cents to $59.90 with investors transferring 1,837 units, Scotia Group fell $1.20 in closing at $34.70 in trading 1,305,258 shares. Seprod gained 50 cents to end at $67.50, with 388 stock units changing hands, Sygnus Credit Investments shed 43 cents to close at $13 after exchanging 16,407 stocks, Sygnus Real Estate Finance fell $1 to $9.30 with the swapping of 250 shares and Transjamaican Highway 8% dipped 50 cents in closing at $1.70 in exchanging 120,876 units.
In the preference segment, Eppley 5% preference share gained $1 to end at $21 while exchanging 1,000 stocks, Eppley 7.50% preference share increased 92 cents to $7.04 in trading 707 stock units. Jamaica Public Service 9.5% rose $100 to close at $2900, with stock crossing the exchange, 138 Student Living preference share fell $2 to close at $67 after a transfer of 90 stock units, Productive Business Solutions 9.75% preference share advanced 50 cents ending at $140 trading one share and Productive Business Solutions 10.5% preference share lost $48 to close at $1152, with 100 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.