Trading surged on Wednesday on the Jamaica Stock Exchange Main Market Market, with an exchange of 412 percent more shares valued 1,067 percent higher than on Tuesday, resulting in a mild rise in the market indices at the close with rising after rising stocks just edged out by those declining.
The All Jamaican Composite Index rallied 1,270.23 points to 450,178.27, the JSE Main Index edged 195.57 points higher to 395,682.53 and the JSE Financial Index dipped 0.23 points to 93.43.
Trading ended with 59 securities compared to 58 on Tuesday, with 21 rising, 23 declining and 15 ending unchanged.
The PE Ratio, a formula used to compute stock values, averages 14.7. The PE ratio for the JSE Main and USD Market closing quotes is based on ICInsider.com earnings forecasts for companies with financial years ending to August 2023.
Overall, 95,428,562 shares traded for $992,647,318 versus 18,631,554 units at $85,039,171 on Tuesday. Mayberry Jamaican Equities led trading with 77.7 million shares accounting for 81.4 percent of total volume, followed by Pulse Investments, 3.58 million units for 3.8 percent of the day’s trade. Sagicor Select Financial Fund exchanged 2.97 million units for 3.1 percent market share, Transjamaican Highway ended with 2.87 million units for 3 percent market share, Wigton Windfarm traded 2.36 million units for 2.5 percent market share and Massy Holdings with 1.52 million units for 1.6 percent market share.
Trading averages 1,617,433 units at $16,824,531, up from 321,234 shares at $1,466,193 on Tuesday and month to date, an average of 717,931 units at $6,255,399, compared to 600,518 units at $4,875,800 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
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 climbed $1.17 to close at $12.47 with the swapping of 8,016 shares, 
Caribbean Cement rose 42 cents to end at $71.64, clearing the market with 3,168 stock units, Eppley dropped 33 cents in closing at $42, with 544 stocks changing hands. GraceKennedy popped $1.35 in, ending at $105.40 after exchanging 100,275 units, Guardian Holdings shed $10 to $520 with an exchange of 5,611 shares, Jamaica Broilers advanced 99 cents to end at $28.99 while 1,993 units changed hands. Jamaica Producers fell 74 cents to $22.36, with 1,032,168 stocks crossing the exchange, Jamaica Stock Exchange gained 40 cents in closing at $23.70 after exchanging 21,531 stock units, Kingston Properties declined 70 cents to close at $7.50 in trading 174,744 units. Kingston Wharves increased 90 cents to $41 with 1,372 shares passing through the market, Massy Holdings lost 45 cents to end at $100, with 1,515,090 stocks crossing the market, Mayberry Investments rallied 40 cents to $6.90 in an exchange of 511,626 stock units. Mayberry Jamaican Equities rose $3.07 to close at a 52 weeks’ high of $12.27 in switching ownership of 77,696,272 stocks, MPC Caribbean Clean Energy shed $1 in ending at $114 after trading 181 shares, Palace Amusement dropped $49.99 in closing at $950.01 with 18 stock units changing hands. Portland JSX climbed $1.20 to $11 in trading 283 units, Proven Investments lost $1.50 to close at $37 after 45,802 stock units crossed the market, Pulse Investments declined 53 cents to end at $4.18 after trading 3,581,096 units. 
Sagicor Group fell $2.09 in ending at $55 after exchanging 10,570 shares, Scotia Group advanced $1.38 in closing at $36.88 with an exchange of 11,638 stocks, Seprod rallied $1.45 to $61.10, trading 18,753 units. Stanley Motta shed 55 cents to end at $5.35 with 9,233 stock units changing hands, Supreme Ventures gained $2 to close at $25 in an exchange of 66,809 shares, Sygnus Credit Investments popped 58 cents in closing at $15.38 in switching ownership of 17,994 stocks. Sygnus Real Estate Finance increased 68 cents to end at $16.29 after an exchange of 1,681 units and Wisynco Group popped $1.80, in ending at a 52 weeks’ high of $24.30 in trading 160,489 stocks units.
In the preference segment, Eppley7.50% preference share declined 74 cents to $5.91 while exchanging 1,150 shares and Productive Business Solutions 9.75% Preference share gained $17.70 to close at $117.70, with seven stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Big bounce for Trinidad Stock Exchange
Market activity ended on Wednesday on the Trinidad and Tobago Stock Exchange, with the market indices bouncing, resulting from an equal number of stocks rising and falling after a 17 percent fall in the volume of shares trading, compared to Tuesday, as less funds passed through the market.
A total of 21 securities traded compared to 19 on Tuesday, with four stocks rising, four falling and 13 remaining unchanged.
The Composite Index popped 12.46 points to settle at 1,433.41, the All T&T Index rallied 21.89 points to settle at 2,062.76 and the Cross-Listed Index increased 0.33 points to settle at 106.41.
A total of 381,189 shares were traded for $4,793,587 compared to 460,033 units at $5,267,557 on Tuesday. An average of 18,152 units traded at $228,389 compared to 24,212 shares at $277,240 on Tuesday, with trading month to date averaging 52,063 units at $442,817 versus 56,405 units at $470,274. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s finished at $46 with the swapping of 7,275 shares, Angostura Holdings declined $1 in ending at $21, with 590 stock units clearing the market, Ansa McAl remained at $57 trading 100 stocks. Calypso Macro Investment Fund ended unchanged at $19 with an exchange of 210 units, CinemaOne lost 55 cents to close at a 52 weeks’ low of $3.40, after 100 units passed through the exchange, Clico Investment Fund remained at $29 after exchanging 20,108 shares. Endeavour Holdings rose 91 cents to end at $7.50 trading 300 stocks, First Citizens Group gained $1.40 to close at $52 while exchanging 3,495 stock units, GraceKennedy popped 14 cents to $6.14 with 300 stocks changing hands. 
Guardian Holdings increased 39 cents in closing at $27.40 crossing the market 20,198 shares, JMMB Group finished at $2.42 in exchanging 218 stock units, Massy Holdings shed 43 cents in ending at $5.10 after switching ownership of 194,049 units. National Enterprises ended unchanged at $3, with 18,581 stock units crossing the market, NCB Financial Group remained at $6.10 after exchanging 32,730 units, Point Lisas ended unchanged at $3.50 with 3,425 shares changing hands. Prestige Holdings finished at $6.80 as 383 stocks changed hands, Republic Financial Holdings remained at $141 in an exchange of 1,232 shares, Scotiabank finished at $80, with 3,526 stock units crossing the market. Trinidad & Tobago NGL ended at $20.60 in exchanging 28,236 units, Unilever Caribbean dropped 10 cents in closing at $15.90 after an exchange of 41,704 stocks and West Indian Tobacco finished at $23.99, with 4,429 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks fall on the JSE USD market
Trading on Tuesday ended with the volume of shares changing hands rising 253 percent as 451 percent more funds entered the market than on Monday at the close of the Jamaica Stock Exchange US dollar market, resulting in six securities trading, compared to eight on Monday with one rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index slipped 1.43 points to end at 221.80.
The PE Ratio, a measure used in computing appropriate stock values, averages 10.7 based on ICInsider.com earnings forecasts for companies with financial year ending, up to August 2023.
A total of 994,124 shares were traded, for US$93,195 compared to 281,548 units at US$16,917 on Monday. Trading averaged 165,687 units at US$15,533, compared to 35,194 shares at US$2,115 on Monday, with a month to date average of 116,613 shares at US$5,551 versus 111,260 units at US$4,463 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two stocks with lower offers.
At the close, Margaritaville remained at 16 US cents with the swapping of 60 shares, Proven Investments shed 0.29 of a cent to close at 24.71 US cents with 291,088 stocks changing hands, Sterling Investments declined 0.01 of a cent to end at 2.27 US cents in switching ownership of 171,082 stock units. Sygnus Credit Investments USD share dropped 0.1 of a cent after ending at 12.85 US cents while exchanging 101,766 units and Transjamaican Highway rose 0.07 of a cent in closing at 1.09 US cents, 429,590 stock units crossing the market.
In the preference segment, JMMB Group 5.75% ended unchanged at US$2.03 after exchanging 538 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market trading drops
Market activity ended on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of shares trading declining after funds flowing into the market dropped 31 percent from that Monday leading rising stocks to exceed those declining but the market indices slipped at the close.
The All Jamaican Composite Index shed 1,006.71 points to settle at 448,908.04, the JSE Main Index slipped 541 points to 395,486.96 and the JSE Financial Index dipped 0.31 points to settle at 93.66.
A total of 58 securities traded compared to 57 on Monday, with 26 rising, 20 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 14.5. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 18,631,554 shares traded for $85,039,171 versus 16,149,953 units at $124,025,246 on Monday. Wigton Windfarm led trading with 5.34 million shares for 28.7 percent of total volume followed by Transjamaican Highway with 3.93 million units for 21.1 percent of the day’s trade. Sagicor Select Financial Fund followed with 3.34 million units for 17.9 percent market share, while Pulse Investments ended with 1.82 million units changing hands for 9.8 percent market share.
Trading averaged 321,234 units at $1,466,193, compared to 283,333 shares at $2,175,882 on Monday and month to date, an average of 600,518 units at $4,875,800, compared to 641,631 units at $5,377,722 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Cement dropped 78 cents to close at $71.22 while exchanging 9,542 shares, Caribbean Producers gained 43 cents to end at $18.20 in an exchange of 497,281 stocks, Eppley popped 33 cents in closing at $42.33 in trading 34 units. Eppley Caribbean Property Fund shed $2 to $45 after 516 stock units changed hands, First Rock Capital rose 56 cents in ending at $11.67 after trading 7,450 shares, Jamaica Broilers traded 11,074 stocks with the rice falling 63 cents to end at $28. Jamaica Stock Exchange advanced $1.30 to $23.30, with 47,422 units crossing the market, JMMB Group lost $1.07 in closing at $47 with the swapping of 213,313 stock units, Kingston Propertiesdeclined $1.15 to close at $8.20, with 13,822 stock units crossing the market. MPC Caribbean Clean Energy climbed $13.20 in ending at $115, with an exchange of two shares, NCB Financial fell $1.50 to end at $108 after exchanging 53,112 units, Palace Amusement rallied $34 to close at $1000, in exchanging just two stock units. 
Portland JSX increased $1.05 after ending at $9.80 after 1,524 stocks changed hands, Proven Investments advanced 55 cents to $38.50 in switching ownership of 8,968 shares, Scotia Group increased 50 cents in closing at $35.50, with 127,996 units changing hands, Supreme Ventures declined $1.50 to close at $23 with an exchange of 39,446 stock units and Sygnus Credit Investments shed 60 cents to $14.80 trading 204,058 stock units.
In the preference segment, 138 Student Living Preference shares rallied $1.44 to $16.50 after switching ownership of 301 units and Eppley 7.25% Preference share rose $2.98 to $23 with the swapping of 201 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Stocks drop on the Trinidad Stock Exchange
Market activity ended on Tuesday with more stocks declining than rising, leaving the market index with a big loss as the volume and value of stock trading fell 48 percent and 54 percent, respectively, than on Monday, at the close of the Trinidad and Tobago Stock Exchange.
Nineteen securities traded, down from 24 on Monday, with three rising, nine declining and seven closing unchanged.
The Composite Index lost 34.07 points to settle at 1,420.95, the All T&T Index fell 32.87 points to settle at 2,040.87 and the Cross-Listed Index lost 4.95 points to settle at 106.08.
A total of 460,033 shares traded for $5,267,557 down from 876,591 units at $11,470,015 on Monday. An average of 24,212 units traded at $277,240 compared to 36,525 shares at $477,917 on Monday, with trading month to date averaging 56,405 units at $470,274 versus 60,624 units at $495,568. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows one stock ended with a higher bid than the last selling price and one with a lower offer.
At the close, Agostini’s declined 10 cents to $46 while exchanging 1,135 shares, Angostura Holdings rallied $1.70 in closing at $22 after trading 1,651 units, Ansa McAl shed 50 cents to end at $57, with 3,076 stock units clearing the market. Calypso Macro Investment Fund remained at $19 in trading five stocks, Clico Investment Fund dropped 50 cents to $29 after trading 15,997 stocks, First Citizens Group fell 40 cents to end at $50.60 after exchanging 1,048 stock units. FirstCaribbean International Bank lost 15 cents in ending at a 52 weeks’ low of $5.80 after 3,000 units crossed the market, GraceKennedy finished at $6 with the swapping of 190,499 shares, Guardian Holdings ended at $27.01 after 100 shares crossed the exchange. 
JMMB Group ended unchanged at $2.42 in switching ownership of 10,388 units, Massy Holdings dropped 7 cents to close at $5.53 in exchanging 64,270 stocks, National Enterprises gained 1 cent to $3, with 260 stock units changing hands. NCB Financial Group finished at $6.10 in an exchange of 47,986 stocks, Prestige Holdings lost 30 cents to end at $6.80 as just seven stock units passed through the market, Republic Financial Holdings declined 7 cents in closing at $141, with 856 units crossing the market. Scotiabank shed 50 cents to end at $80, with 5,650 shares changing hands, Trinidad & Tobago NGL increased 10 cents to end at $20.60 with an exchange of 26,865 shares, Unilever Caribbean remained at $16 after 66,196 stock units crossed the market and West Indian Tobacco remained at $23.99 in trading 21,044 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market falls
Market activity ended on Monday, with the volume and value of stocks trading declined compared to Friday by 54 percent and 59 percent respectively, on the Jamaica Stock Exchange Main Market as rising stocks just edged out those declining.
The All Jamaican Composite Index fell 1,183.04 points to 449,914.75, the JSE Main Index lost 940.51 points to end at 396,027.96 and the JSE Financial Index slipped 0.13 points to 93.97.
A total of 57 securities traded up from 55 on Friday, with 23 rising, 22 declining and 12 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 14.6. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 16,149,953 shares were exchanged for $124,025,246 versus 35,213,318 units at $300,629,178 on Friday. Transjamaican Highway led trading with 6.74 million shares for 41.8 percent of total volume followed by Wigton Windfarm with 2.51 million units for 15.6 percent of the day’s trade, Pulse Investments, 2.09 million units for 12.9 percent market share and 138 Student Living ended with 1.0 million units changing hands for 6.2 percent market share.
Trading averages 283,333 units at $2,175,882, compared to 640,242 shares at $5,465,985 on Friday and month to date, an average of 641,631 units at $5,377,722, compared to 702,233 units at $5,919,280 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments dropped 32 cents in closing at $90.03 after exchanging 26,993 shares, Berger Paints lost 44 cents to close at $11.55 after trading 5,840 stock units, Caribbean Cement climbed 50 cents in ending at $72 with the swapping of 5,616 units. Caribbean Producers declined 43 cents to $17.77, with 217,938 stocks clearing the market, Eppley shed 50 cents to end at $42, with 3,919 shares crossing the market, First Rock Capital fell 86 cents in closing at $11.11, with 10,653 stocks changing hands. GraceKennedy declined $1.15 to end at $104 in exchanging 380,803 stock units, Guardian Holdings dropped $10 to $530 in trading 3,127 units, Jamaica Stock Exchange shed $2 ending at $22 in an exchange of 240,986 stocks. JMMB Group lost $3.82 to close at $48.07 after exchanging 112,123 units, Margaritaville popped 50 cents to end at $26 trading 25 shares, Massy Holdings fell 30 cents in ending at $100.50 after trading 17,066 stock units. Mayberry Jamaican Equities declined 70 cents to close at $9.10 while exchanging 46,406 stocks, NCB Financial increased $1.49 in closing at $109.50 with an exchange of 54,054 units, Palace Amusement gained $15.99 to end at $966, with 16 stock units crossing the market. Portland JSX shed $2.25 to end at $8.75 in switching ownership of 1,272 shares, Sagicor Group rose 50 cents ending at $57 with an exchange of 36,401 shares, Scotia Group dropped 71 cents in closing at $35 in trading 316,163 stocks. 
Seprod fell $2.35 to close at $59.65 in an exchange of 12,073 stock units, Supreme Ventures fell 50 cents to $24.50 124,464 units crossing the market, Sygnus Credit Investments rallied 35 cents to end at $15.40 in an exchange of 27,147 stocks and Wisynco Group advanced $1.12 to 52 weeks’ high of $22.62 after 49,434 shares crossed the market.
In the preference segment, 138 Student Living Preference shares advanced $1.96 in ending at $15.06 after 800 units changed hands and Eppley 7.50% preference share increased 60 cents in closing at $6.60 after trading 911 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading surged Monday on TTSE
Trading surged on Monday over Friday, with 93 percent more shares changing hands with a 216 percent higher value at the close of the Trinidad and Tobago Stock Exchange, resulting in more stocks falling than rising at the close.
A total of 24 securities traded compared to 21 on Friday, with five stocks rising, ten declining and nine remaining unchanged. The Composite Index popped 5.02 points to 1,455.02, the All T&T Index lost 2.15 points to end at 2,073.74 and the Cross-Listed Index advanced 1.78 points to close at 111.03.
Overall 876,591 shares traded for $11,470,015 compared to 453,136 units at $3,627,650 on Friday. An average of 36,525 units traded at $477,917 compared to 21,578 shares at $172,745 on Friday, with trading month to date averaging 60,624 units at $495,568 versus 65,404 units at $499,069. The average trade for March amounts to 36,197 units at $438,630.
Investor’s Choice bid-offer indicator shows two stocks ending with a bid higher than their last selling prices and two with lower offers.
At the close, Agostini’s finished at $46.10, trading 6,667 shares, Angostura Holdings shed $1.70 to end at $20.30 after an exchange of 1,170 stock units, Ansa McAl remained at $57.50, with 340 units crossing the market. Calypso Macro Investment Fund ended unchanged at $19 in an exchange of 6 stocks, Clico Investment Fund finished at $29.50 with 44,711 stock units changing hands, First Citizens Group dropped 99 cents to close at $51 after trading 3,100 stocks. FirstCaribbean International Bank remained at $5.95, with ten shares crossing the market, GraceKennedy rose 70 cents to $6 with the swapping of 369,455 units, Guardian Holdings declined 39 cents to end at $27.01 in exchanging 46,984 stocks. JMMB Group popped 13 cents to $2.42 after exchanging 394 units, L.J. Williams B share lost 3 cents to close at $1.97 in trading 25 shares, Massy Holdings fell 14 cents to $5.60 in switching ownership of 10,081 stock units. 
National Enterprises finished at $2.99 while 9,260 stocks changed hands, National Flour Mills fell 5 cents to $1.55, with 35,545 units crossing the exchange, NCB Financial Group shed 60 cents to end at a 52 weeks’ low of $6.10, with 6,348 shares clearing the market. One Caribbean Media rallied 5 cents to $4.18 after trading 9,325 stock units, Point Lisas remained at $3.50 in trading 20 stocks, Prestige Holdings gained 20 cents to $7.10, with 46,010 shares changing hands. Republic Financial Holdings climbed 7 cents to end at $141.07 after exchanging 2,979 units, Scotiabank lost 50 cents to close at $80.50 after trading 400 stock units, Trinidad & Tobago NGL declined 12 cents to close at $20.50 with an exchange of 2,074 shares. Trinidad Cement dipped 2 cents to $3.50 in exchanging 36,000 stock units, Unilever Caribbean ended unchanged at $16 with an exchange of 111,825 units and West Indian Tobacco finished at $23.99, trading 133,862 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Impressive gains for ICTOP10 stocks
ICTOP10 listed Jamaican Stock Exchange stock price surged to a 52 weeks’ high of $24 on Friday with a gain of 28 percent in the week as Caribbean Producers jumped 21 percent to $18.20, followed by a 12 percent gain in JMMB Group that closed the week at $51.89 after hitting a peak in the week of $61.24, on Tuesday, while Productive Business Solutions rose 12 percent to US$1.19.
In the Junior Market, Stationery and Office Supplies rose 12 percent to $7.88. Jetcon Corporation recovered lost grounds with a rise of 11 percent to end at $1.10, following knee-jerk reaction by investors to an article in one of the local newspapers in the previous week. Elite Diagnostic plunged 14 percent to $2.57 as a major shareholder sold a portion of their holdings. Caribbean Cream dropped 7 percent to $4.76 and Caribbean Assurance lost 6 percent to land at $2.25.
This stock is in limited supply and replaced Caribbean Producers in the TOP10. Coming into the Junior Market ICTOP10 is tTech that slipped in price and came in at the expense of General Accident. The latter will be a big beneficiary of the hike in interest rates on its $4.5 billion investment and cash funds.
Scotia Group is ICInsider.com’s new stock for the future that comes into the Main Market ICTOP10 at number 9, with projected earnings of $4.47 per share as the group generates increasing income from the sharp hike BOJ induced hike in interest rates on investments.
Transjamaican Highway, an ICTOP10 listing in the previous week, closed out this past week with a rise to an all-time high of $1.78 before closing at $1.70 for the week.
The average PE for the JSE Main Market TOP 10 is 6.2, well below the market average of 14.8, while the Junior Market PE for the Top 10 is at 5.4 versus the market at 12.9. The Junior Market TOP10 is projected to gain an average of 289 percent to May 2023 and the Main Market 192 percent.
ICTOP10 focuses on likely yearly winners; accordingly, the list may or may not include the best companies in the market. ICInsider.com ranks stocks based on projected earnings to highlight winners from the rest, allowing investors to focus on potential winning stocks and helping to remove emotional attachments to shares that often result in costly mistakes.
IC TOP10 stocks are likely to deliver the best returns up to the end of May 2023. They are ranked in order of potential gains, based on the possible increase for each company, considering the earnings and PE ratios 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.
Steady trading continues on JSE USD market
Trading ended on Friday, with the volume of shares changing hands rising over Thursday with 12 percent lower value at the close of the Jamaica Stock Exchange US dollar market, resulting in seven securities trading down from 10 on Thursday with no gains, four declining and three ending unchanged.
The JSE US Denominated Equities Index rose 2.33 points to end at 225.85.
The PE Ratio, a measure used to compute appropriate stock values, averages 10.4 incorporating ICInsider.com earnings forecasts for companies with the financial year ending between August 2022 and August 2023.
A total of 1,417,291 shares traded for US$40,251 compared to 1,319,482 units at US$45,994 on Thursday.
Trading averaged 202,470 shares at US$5,750, compared to 131,948 units at US$4,599 on Thursday, with the month to date averaging 124,207 shares at US$4,862 versus 110,511 units at US$4,707 on the previous day. March ended with an average of 59,258 units for US$6,669.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Capital USD share ended unchanged at 7.6 US cents in exchanging 2,309 shares, Proven Investments lost 0.05 of a cent to close at 25.95 US cents in an exchange of 23,270 units, Sterling Investments fell 0.15 of a cent to 2 US cents after trading 5,000 stock units.
Sygnus Credit Investments USD share ended at 12.95 US cents with 62,601 stocks changing hands, Sygnus Real Estate Finance USD share shed 0.99 of one cent to end at 12.05 US cents trading 11,988 stocks and Transjamaican Highway declined 0.1 of a cent in ending at 1 US cent after 1,307,123 units changed hands.
In the preference segment, JMMB Group 5.5% finished at US$2, with 5,000 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Retreat for JSE Main Market
Market activity on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of shares trading rising 12 percent and the value climbing 110 percent higher than Thursday, resulting in an equal number of advancing and declining stocks.
The All Jamaican Composite Index lost 2,760.94 points to end at 451,097.79, the JSE Main Index dipped 2,313.59 points to 396,968.47 and the JSE Financial Index lost 1.03 points to settle at 94.10.
Trading ended with 55 securities cversus 56 on Thursday, with 19 rising, 19 declining and 17 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 15. The PE ratio for the JSE Main and USD Market closing quotes is based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 35,213,318 shares traded for $300,629,178 versus 31,300,525 units at $141,657,125 on Thursday. Transjamaican Highway led trading with 14.08 million shares for 40 percent of total volume, followed by Pulse Investments with 6.42 million units for 18.2 percent of the day’s trade and Sagicor Select Financial Fund with 3.69 million units for 10.5 percent market share.
Wigton Windfarm ended with 3.40 million units for 9.6 percent market share, 138 Student Living traded 1.58 million units for 4.5 percent market share and Seprod, 1 million units for 2.9 percent market share.
Trading averaged 640,242 stock units at $5,465,985, up from 558,938 shares at $2,529,592 on Thursday and month to date an average of 702,233 units at $5,919,280, versus 714,323 units at $6,007,688 on the previous trading day. March closed with an average of 610,787 units at $6,967,031.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Caribbean Cement fell 52 cents to $71.50 after trading 11,056 shares, Caribbean Producers declined 58 cents to $18.20 in switching ownership of 209,609 stock units, Jamaica Broilers dropped 38 cents to $28.50 with an exchange of 20,152 stocks. Jamaica Stock Exchange rose $2.03 to end at a 52 weeks’ high of $24 in an exchange of 245,241 units, JMMB Group rallied $2.39 in closing at $51.89, finishing at 234,879 stocks, Kingston Properties popped $1.15 to end at $9.35 in trading 24,290 shares. Kingston Wharves fell $1.89 to close at $40.10 after exchanging 20,771 stock units, Massy Holdings increased 80 cents to $100.80 in exchanging 22,641 units, Mayberry Jamaican Equities gained 60 cents in closing at $9.80, with 102,998 stock units clearing the market. 
MPC Caribbean Clean Energy advanced $3.80 to $101.80 after 200 shares crossed the market, NCB Financial lost $1.99 in closing at $108.01 after trading 44,020 stocks, Palace Amusement slipped $25.99 to $950.01 after an exchange of 36 units. PanJam Investment dropped 49 cents to close at $65.01 with 500,100 stocks crossing the market and Sagicor Group declined 50 cents in ending at $56.50, with 9,340 shares changing hands.
In the preference segment, Eppley 5% preference share climbed $3 to end at $22 after 1,434 units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
