Investors were more aggressive in trading on the Jamaica Stock Exchange Main Market on Friday, following the commencement of refunding of monies previously tied up in the recent ONEonONE IPO. Buying interest resulted in 97 percent more shares trading with 166 percent higher value than on Thursday, sending the prices of 32 stocks higher, 12 lower and 13 unchanged as 57 securities were swapped compared to 58 on Thursday.  
The All Jamaican Composite Index rallied 2,977.43 points to end at 412,677.51, the JSE Main Index climbed 1,783.83 points to finish at 362,545.21 and the JSE Financial Index rose 0.71 points to close at 87.15.
The PE Ratio, a formula used in the computation of appropriate stock values, averages 14 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on ICInsider.com’s forecasted earnings for companies with the financial year ending between November and August 2023.
A total of 17,038,158 shares were traded for $174,268,763 up from 8,634,954 units at $65,465,672 on Thursday. Trading averages 298,915 units at $3,057,347, versus 148,879 shares at $1,128,718 on Thursday and month to date, an average of 788,281 units at $4,934,777, compared to 816,008 units at $5,041,153 on the previous trading day. July closed with an average of 173,643 units at $1,683,017.
Portland JSX led trading with 7.0 million shares for 41.1 percent of total volume, followed by Transjamaican Highway with 3.47 million units for 20.4 percent of the day’s trade, Wigton Windfarm with 2.32 million units for 13.6 percent market share and Pulse Investments with 1.41 million units for 8.3 percent market share.
The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement advanced $3 to close at $60 after a transfer of 14,069 shares, Eppley rallied $1 to $41 in switching ownership of 1,058 units, GraceKennedy shed $1.01 in closing at $94.99 in trading 137,648 stock units. Guardian Holdings rose $10 to $530 after the trading of 5,101 stocks, Jamaica Broilers climbed 50 cents to $29 in exchanging 31,400 stocks, Jamaica Stock Exchange popped $1.13 to close at $16.20 with 5,823 units changing hands. JMMB Group gained $1.20 in closing at $41.50 after 940,974 shares crossed the exchange, Kingston Wharves increased 35 cents to end at $37.85 while exchanging 21,670 stock units, Massy Holdings rose $12.50 to $86.50 in exchanging 50,536 units. MPC Caribbean Clean Energy increased $2.49 after ending at $84.49 and trading 56 stocks, NCB Financial dropped $1.90 in closing at $91 with investors transferring 55,661 stock units, Palace Amusement lost $34.99 to end at $700, with 52 shares clearing the market. PanJam Investment declined $2.99 in ending at $59.01 in an exchange of 9,854 shares, Portland JSX popped $1.50 to end at $12 after 7,000,330 stock units changed hands, Sagicor Group rallied $4.48 to close at $54.50, with 9,118 units changing hands. Salada Foods advanced 57 cents to close at $5.32 with the swapping of 22,969 stocks, Seprod dipped 38 cents to $69.02 with a transfer of 5,517 units and Supreme Ventures fell $1.20 in closing at $28.80 as investors exchanged 32,579 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 Thursday, with the volume of stocks traded declining 43 percent with 12 percent less value than Wednesday as 58 securities were exchanged compared to 52 on Wednesday, with 24 rising, 18 falling and 16 remaining unchanged.
Investors exchanged 8,634,954 shares for $65,465,672 versus 15,124,626 units at $74,624,156 on Wednesday. Trading averaged 148,879 units at $1,128,718 versus 290,858 shares at $1,435,080 on Wednesday and month to date, an average of 816,008 units at $5,041,153, compared to 856,824 units at $5,280,521 on the previous trading day. July closed with an average of 173,643 units at $1,683,017.
Wigton Windfarm led trading with 4.36 million shares for 50.5 percent of total volume, followed by Transjamaican Highway with 960,791 units for 11.1 percent of the day’s trade and Supreme Ventures traded 786,773 units for 9.1 percent market share.
The All Jamaican Composite Index popped 5,021.15 points to 409,700.08, the JSE Main Index climbed 7,542.39 points to s 360,761.38 and the JSE Financial Index rallied 0.98 points to settle at 86.44.
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 are computed based on ICInsider.com’s forecasted earnings for companies with their 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, Caribbean Producers declined 50 cents in closing at $13, with 37,948 shares crossing the market, Eppley Caribbean Property Fund increased $4.99 to end at $44.99 in swapping of six units, GraceKennedy rallied $2 to $96, with 4,758 stocks crossing the exchange. Guardian Holdings fell $37.46 to  $520, closed at 29 stock units, Jamaica Producers gained 85 cents ending at $20.98 after a transfer of 6,447 stock units, Jamaica Stock Exchange lost 93 cents to close at $15.07 as investors exchanged 13,509 stocks. JMMB Group shed 95 cents to end at $40.30 with a transfer of 164,695 shares, Kingston Properties popped 40 cents to $7.40 with 1,954 units clearing the market, Kingston Wharves climbed $3.38 in closing at $37.50 in trading 3,443 stock units. Margaritaville dipped 45 cents in ending at $27.55, with four units crossing the market, Massy Holdings dropped $1 to a 52 weeks’ low of $74 after exchanging 2,077 stocks, Mayberry Investments advanced 65 cents to end at $9.90 in trading 13,575 shares. MPC Caribbean Clean Energy rose $16.22 to $82, with 13 stock units changing hands, NCB Financial increased 40 cents to $92.90 with investors transferring 40,434 units, 138 Student Living rose $1.04 to close at $6.95 after exchanging 507,024 shares. Palace Amusement climbed $44.99 in closing at $734.99 in trading 45 stocks, PanJam Investment popped $2 to close at $62 in switching ownership of 6,805 stocks, Portland JSX shed 40 cents to end at $10.50 in an exchange of 158 shares. Proven Investments gained $1.50 after finishing at $33 while exchanging 5,206 units, Seprod advanced 40 cents to $69.40 with an exchange of 115 stock units, Stanley Motta rallied 69 cents to close at $5.29 in trading 3,000 stock units. Supreme Ventures increased 50 cents to end at $30 after exchanging 786,773 shares, Sygnus Credit Investments advanced 40 cents to $13.50, with 23,180 units crossing the market and Sygnus Real Estate Finance climbed $1.14 in closing at $10.94 after trading ten stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The Jamaica Stock Exchange Main Market fell 10.8 percent to its lowest level since the start of the year at the end of trading on Wednesday. The volume of stocks traded rose 51 percent with a 43 percent lower value than at the close on Tuesday as 52 securities were exchanged compared to 56 on Tuesday, with 16 rising, 21 declining, and 15 ending unchanged.

The All Jamaican Composite Index dived 2,743.15 points to 404,678.93, to be down 7.7 per for the year to date, the JSE Main Index dropped 4,595.49 points to  353,218.99, with a 10.8 percent fall for the year and the JSE Financial Index shed 0.72 points to settle at 85.46.
Investors traded 15,124,626 shares costing $74,624,156 versus 10,035,795 units at $130,106,528 on Tuesday. The average trade for the day was 290,858 units at $1,435,080, compared to 179,211 shares at $2,323,331 on Tuesday and month to date, an average of 856,824 units at $5,280,521, compared to 889,671 units at $5,503,694 on the previous day. July closed with an average of 173,643 units at $1,683,017.
138 Student Living led trading with 4.23 million shares for 28 percent of total volume, followed by Wigton Windfarm with 3.76 million units for 24.9 percent of the day’s trade, Sagicor Select Financial Fund with 2.85 million units for 18.9 percent market share and Transjamaican Highway with 1.24 million units for 8.2 percent of the day’s transactions.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 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.
The Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints rose $1.16 to $11.47, with 1,591 shares changing hands, Eppley fell $1 to close at $40 in trading 100 stocks, GraceKennedy shed $2 in closing at $94 with the swapping of 143,571 units. Guardian Holdings jumped $50.46 to end at $557.46, with 35 stock units crossing the market, Jamaica Broilers popped 50 cents to $28.50 while exchanging 19,549 shares, Jamaica Producers lost 87 cents to end at $20.13 after exchanging 20,436 stocks. JMMB Group climbed 50 cents in closing at $41.25 after 124,437 units changed hands, Massy Holdings dropped $10.84 to close at a 52 weeks’ low of $75 after trading 1,464 stock units, 138 Student Living advanced 46 cents to $5.91 with 4,229,552 shares changing hands. Palace Amusement declined $70 to end at a 52 weeks’ low of $690 after exchanging 74 stocks, Proven Investments dipped 50 cents to close at $31.50, with 7,052 stock units crossing the market, Scotia Group dropped $1.10 to $34 as investors exchanged 13,588 units. Seprod lost 45 cents to end at $69 in an exchange of 5,129 shares and Supreme Ventures declined 40 cents to $29.50 with investors transferring 48,546 units.
In the preference segment, Eppley 7.50% preference share increased 49 cents in closing at $7.49 after trading 10,940 stock units and JMMB Group 7% preference share dipped 50 cents to $2 with 30,116 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.