Main Market rises into June

Trading activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 64 percent and the value 65 percent lower than on Wednesday, with 54 securities trading compared to 57 on Wednesday, with 15 rising, 26 falling and 13 ending unchanged.
A total of 8,887,886 shares were traded for $52,849,273 compared to 4,443,891 units at $149,369,888 on Wednesday.
Trading averaged 164,590 shares at $978,690 compared with 428,840 shares at $2,620,524 on Wednesday. May closed with an average of 226,361 units at $1,362,447.
Transjamaican Highway led trading with 4.60 million shares for 51.8 percent of total volume, followed by Sagicor Select Financial Fund with 2.02 million units for 22.7 percent of the day’s trade and Wigton Windfarm with 777,412 units for 8.7 percent of market share.
The All Jamaican Composite Index jumped 2,332.39 points to 372,808.36, the JSE Main Index rose 1,749.45 points to finish at 338,283.36 and the JSE Financial Index popped 0.76 points to 76.19.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement fell $1.93 to close at $54, with 50,369 shares changing hands, Caribbean Producers rose 45 cents to end at $10.10, with 13,596 stocks crossing the market, Eppley lost 99 cents to close at $37 after eight stock units were traded. Eppley Caribbean Property Fund increased 40 cents to $40.40 after an exchange of 1,590 units, First Rock Real Estate declined 95 cents and ended at $10.15 after 3,208 shares changed hands, Jamaica Broilers shed 40 cents in ending at $35.99 in an exchange of 146,932 units. Jamaica Stock Exchange dropped $1.75 in closing at $12.05 after investors swapped 70,152 stocks, JMMB Group dipped $1.24 to $28.75 after exchanging 27,614 stock units, Massy Holdings climbed $1.50 to $104.50 with investors transferring 732 shares. Mayberry Investments rallied 47 cents to end at $8.50, with 102,411 units crossing the market, NCB Financial popped 49 cents to $69.99 as 148,709 stock units passed through the market, Sagicor Group dipped $3.74 and ended at $48.25 after investors ended trading of 39,116 stocks. Scotia Group advanced 60 cents to close at $34.85 while exchanging 323,426 shares, Seprod declined $6 to $70 with an exchange of 2,214 units, Supreme Ventures fell 99 cents to end at $26.90 with shareholders swapping 18,867 stock units and Sygnus Credit Investments rallied 30 cents to $12.90 with a transfer of 200 stocks.
In the preference segmentJamaica Public Service 7% advanced $9.20 and ended at $78.50 after a transfer of 1,589 units and 138 Student Living preference share shed $15.75 to close at $89.25 with 106 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

May ends with a blast for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands surging 5,354 percent valued at 9,770 percent more than on Tuesday and resulting in seven securities trading, compared to six on Tuesday with prices of four rising, one declining and two ending unchanged.
Overall, 842,727 shares were traded for US$97,351 compared to 15,452 units at US$986 on Tuesday.
Trading averaged 120,390 shares at US$13,907 versus 2,575 units at US$164 on Tuesday, with a month to date average of 43,350 shares at US$2,759 compared to 39,779 units at US$2,243 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index jumped 30.40 points to 242.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 9. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville advanced 2.47 cents to 11.48 US cents, with 8,600 shares crossing the market, Productive Business Solutions climbed 44.92 cents to US$1.90 with an exchange of 41,899 stocks, Proven Investments lost 0.9 of a cents and ended at 16 US cents, with 918 units crossing the exchange, Sterling Investments ended at 1.68 US cents while investors traded 1,188 stock units and Transjamaican Highway rose 0.16 of a cent to close at a record high of 1.45 US cents after a transfer of 787,041 shares.
In the preference segment, Productive Business 9.25% preference share gained US$1 to close at US$12.50 after exchanging one unit and JMMB Group 5.75%  ended at US$1.90 with investors transferring 3,080 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market closes May with gains

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded jumping 188 percent and the value 180 percent more than on Tuesday, with trading in 57 securities compared to 56 on Tuesday, resulting in prices of 31 rising, 13 declining and 13 ending unchanged.
A total of 24,443,891 shares were traded for $149,369,888 compared to 8,501,678 units at $53,413,585 on Tuesday.
Trading averaged 428,840 shares at $2,620,524 compared with 151,816 shares at $953,814 on Tuesday. The month to date averaged 226,361 units at $1,362,447 versus 216,744 units at $1,302,689 on the previous day. Trading in April closed higher than in May with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 13.87 million shares for 56.7 percent of total volume followed by Wigton Windfarm with 4.19 million units for 17.1 percent of the day’s trade and Sagicor Real Estate Fund with 1.06 million units for 4.3 percent of the day’s trade.
The All Jamaican Composite Index climbed 112.20 points to close at 370,475.97, the JSE Main Index gained 696.33 points to 336,533.91 and the JSE Financial Index shed 0.01 points to 75.43.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement rallied $1.43 to close at $55.93 as investors traded 3,117 shares, Eppley Caribbean Property Fund dipped 40 cents in closing at $40 with investors transferring 6,512 stocks, First Rock Real Estate popped $1.10 and ended at $11.10 after 2,266 stock units were traded. Jamaica Stock Exchange gained 79 cents to close at $13.80 after 24,049 units were exchanged, JMMB Group advanced 69 cents to end at $29.99 after a transfer of 98,541 units, Margaritaville rose 99 cents to close at $18.41 with shareholders swapping 11 stocks, Massy Holdings dipped $1.50 and ended at $103 while exchanging 97,198 stock units. Mayberry Investments shed 97 cents to close at $8.03 after exchanging 14,614 shares, NCB Financial lost 50 cents in closing at $69.50 with investors trading 50,335 shares, Pan Jamaica Group climbed $5 to $57 with 634,963 stocks crossing the exchange, Portland JSX increased 84 cents to $11.54 after 44,836 stock units passed through the market, Sagicor Group gained $1.99 in closing at $51.99, with 212,000 units crossing the market, Seprod rallied $4 to $76 in an exchange of 167,248 units, Supreme Ventures advanced 42 cents to end at $27.89 with 24,083 shares clearing the market, Sygnus Credit Investments fell 39 cents to close at $12.60 with a transfer of 14,266 stocks and Wisynco Group climbed $1 to close at $19, with 401,684 stock units crossing the market.In the preference segmentProductive Business 10.50% preference share popped $124 to $1225 in an exchange of 101 stocks and Jamaica Public Service 7% increased by $9.30 and ended at $69.30 with one stock unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dives on Main Market

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Rising and falling stocks shared the spotlight at the close of trading on the Jamaica Stock Exchange Main Market on Tuesday, after trading ended with activities in 56 securities compared to 60 on Monday, resulting in gains for 20 rising and fall for 21 as 15 ended unchanged, following a 55 percent decline in the volume of stocks traded valued 39 percent less than on Monday.
A total of 8,501,678 shares were traded for $53,413,585 compared to 19,055,221 units at $86,952,533 on Monday.
Trading averaged 151,816 shares at $953,814 versus 317,587 shares at $1,449,209 on Monday and month to date, an average of 216,744 units at $1,302,689, compared with 219,922 shares at $1,319,766 on the previous day. April closed with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 3.94 million shares for 46.3 percent of total volume, followed by Wigton Windfarm with 1.29 million units for 15.2 percent of the day’s trade and Sagicor Select Financial Fund with 1.03 million units for 12.1 percent of the day’s trade.
The All Jamaican Composite Index drifted 1,804.90 points lower to 370,363.77, the JSE Main Index shed 1,165.52 points to end trading at 335,837.58 and the JSE Financial Index rose 0.23 points to 75.44.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Caribbean Cement dropped $1.50 to end at $54.50 with shareholders swapping 30,865 shares, First Rock Real Estate lost $1.30 to close at $10, with 45,900 units crossing the market, Jamaica Broilers popped $3.50 and ended at $36.50 in switching ownership of 106,122 stock units, JMMB Group advanced 30 cents in closing at $29.30 after exchanging 35,621 stocks after the stock hit a 52 weeks’ intraday low of $28.50, Margaritaville rose $2.44 to $17.42 after a transfer of 450 units, Massy Holdings drifted 50 cents lower to close at $104.50 after trading 1,755 stocks, Mayberry Jamaican Equities increased 50 cents in closing at $11 after 38,300 stocks cleared the market, NCB Financial fell $2 to end at $70 with an exchange of 92,711 shares. 138 Student Living gained 74 cents to end at $5.50 with a transfer of 403 shares, Pan Jamaica Group rallied $1 and ended at $52 with an exchange of 37,191 stock units, Proven Investments climbed 56 cents to $26, with 1,063 stock units crossing the market. Seprod shed $3 in closing at $72 as investors exchanged 8,428 units, Sygnus Real Estate Finance gained 49 cents to end at $14.99 and closed with an exchange of 13,908 stock units and Wisynco Group declined $1 to close at $18 after 195,610 shares changed hands.
In the preference segmentEppley 5% preference share dropped $2.90 and ended at $20 in an exchange of 49 stocks and Jamaica Public Service 7% declined $9 to close at $60 while exchanging 23 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dives on JSE USD Market

A 98 percent fall in stocks trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the market climbing above the close on Monday and resulted in the trading of six securities, down from eight on Monday and ended with prices of three rising, none declining and three ending unchanged.
Overall, 15,452 shares were traded for US$986 compared to 959,588 units at US$46,217 on Monday.
Trading averaged 2,575 shares at US$164 versus 119,949 units at US$5,777 on Monday, with a month to date average of 39,779 shares at US$2,243 compared with 41,318 units at US$2,329 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index popped 12.60 points to conclude trading at 212.29.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio is calculated based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share popped 0.5 of a cent after closing at 5 US cents, with shareholders swapping 560 shares, Proven Investments ended at 16.9 US cents after a transfer of 2,325 stock units, Sterling Investments remained at 1.68 US cents, with 5,741 stocks crossing the market and Transjamaican Highway rose 0.29 of a cent to end at 1.29 US cents after closing with an exchange of 6,616 units.
In the preference segmentJMMB Group 5.75% ended at US$1.90 with 204 shares changing hands and JMMB Group 6% increased 13 cents to US$1.20 as investors exchanged just 6 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Increased trading hits JSEUSD Market

The Jamaica Stock Exchange US dollar Market had another chunk of the index chopped off on Monday, with the volume of stocks changing hands surging 354 percent and valued 172 percent more than on Friday, resulting in the trading of eight securities, compared to seven on Friday with two rising, three declining and three ending unchanged.
Investors traded 959,588 shares for US$46,217 compared with 211,505 units at US$16,972 on Friday.
Trading averaged 119,949 shares at US$5,777 versus 30,215 units at US$2,425 on Friday, with a month to date average of 41,318 shares at US$2,329 compared to 36,727 units at US$2,127 on the previous trading day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index lost 10.51 points to end at 199.69.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. The PE ratio is computed based on the last traded price of each stock divided by projected earnings forecasts done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share fell 0.5 of a cent and ended at 4.5 US cents as 11,871 shares passed through the market, Margaritaville ended at 9.01 US cents while exchanging 570 units, Proven Investments rose 0.9 of a cent to 16.9 US cents, with 233,554 stock units clearing the market, but only after trading at a 52 weeks’ intraday low of 13.6 cents. Sterling Investments ended at 1.68 US cents after trading 4,057 stocks, Sygnus Credit Investments popped 0.86 of one cent to 11.01 US cents, with 100 shares crossing the exchange, Sygnus Real Estate Finance USD share lost 0.1 of a cent in closing at 11 US cents after an exchange of 100 units and Transjamaican Highway dipped 0.3 cents to 1 US cent in trading 708,836 stocks.
In the preference segmentJMMB Group 6% ended at US$1.07 and with 500 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading up prices down on JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, led to 36 percent more stocks trading at a slightly higher value than on Friday, with trading in 60 securities compared to 53 on Friday, with the market closing with prices of 22 stocks rising, 27 declining and 11 ending unchanged.
A total of 19,055,221 shares were traded for $86,952,533 compared to 14,037,627 units at $85,583,051 on Friday.
Trading averaged 317,587 shares at $1,449,209 compared with 264,861 shares at $1,614,775 on Friday and month to date, an average of 219,922 units at $1,319,766, compared to 214,516 units at $1,312,602 on the previous trading day. April closed with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 9.46 million shares for 49.7 percent of total volume followed by Stanley Motta with 3.01 million units for 15.8 percent of the day’s trade and Wigton Windfarm with 1.85 million units for 9.7 percent of the day’s trade.
The All Jamaican Composite Index lost 503.63 points to end at 372,168.67, the JSE Main Index slipped 58.12 points to 337,003.10 and the JSE Financial Index dipped 0.25 points to 75.21.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.3 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Eppley Caribbean Property Fund fell $3.29 and ended at $40.40 with a transfer of 6,165 shares, First Rock Real Estate popped 93 cents to $11.30 in an exchange of 281 stocks, GraceKennedy rose 50 cents to $79, with 70,283 units crossing the exchange, Jamaica Broilers shed $3 to $33 while exchanging 50,785 stock units. Jamaica Producers declined 48 cents to end at $20.50 after 37,428 units crossed the market, JMMB Group lost $1.35 to end at $29 after 326,812 stock units passed through the exchange, Kingston Wharves dipped 40 cents and ended at $30.60 as investors exchanged 2,658 shares,  Margaritaville dropped $3.43 in closing at $14.98 after trading 22 stocks, Massy Holdings advanced $5 to close at a 52 weeks’ high of $105, with  3,524 shares crossing the market, with the price still around 11 percent lower than in Trinidad. Mayberry Jamaican Equities fell 50 cents to $10.50 after a transfer of 171,230 shares, NCB Financial rose $2 and ended at $72 with investors transferring 50,904 units, 138 Student Living dipped 84 cents to close at $4.76 after trading 28,560 stocks, Pan Jamaica Group shed $2.99 to end at $51 with 2,058 stock units clearing the market. Portland JSX gained $1.45 to close at $10.70 in an exchange of 35 stocks, Proven Investments rose 34 cents to $25.44 with an exchange of 2,022 shares, Sagicor Group fell 49 cents in closing at $50.01, with 2,042 units changing hands, Seprod traded 61,632 shares at $75 after the price hit a 52 weeks’ intraday high of $79.80. Stanley Motta lost 44 cents to close at $5.20 after an exchange of 3,011,831 stock units, Sygnus Real Estate Finance rallied $1.50 to end at $14.50 after exchanging 2,734 shares and Wisynco Group declined 50 cents to close at $19 with shareholders swapping 162,231 stocks.
In the preference segmentEppley 7.75% preference share fell 74 cents and ended at $19 in trading 472 units and Jamaica Public Service 7% gained $9 to close at $69 in switching ownership of 4,655 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE USD market inched higher on Friday

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 48 percent but valued 45 percent less than on Thursday, resulting in a rise in the market index, following trading in seven securities, compared to six on Thursday with two rising, two declining and three ending unchanged.
A total of 211,505 shares were traded for US$16,972 compared to 142,507 units at US$31,099 on Thursday.
Trading averaged 30,215 units at US$2,425 compared with 23,751 shares at US$5,183 on Thursday, with a month to date average of 36,727 shares at US$2,127 compared with 37,077 units at US$2,111 on the previous day. April ended with an average of 394,241 units for US$22,357.
The US Denominated Equities Index rose 3.83 points to close at 210.66.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. The PE ratio is computed based on the last traded price of each stock divided by projected earnings, forecasted by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share added 0.6 of a cent to end at 5 US cents with 1,133 shares being traded, Margaritaville dipped 0.34 of a cent to 9.01 US cents after trading 1,430 stocks, Proven Investments ended at 16 US cents, with 95,323 stock units crossing the market. Sterling Investments ended at 1.68 US cents with an exchange of one unit, Sygnus Credit Investments dipped 0.88 of one cent to close at 10.15 US cents in exchanging 51 shares and Transjamaican Highway gained 0.1 of a cent to close at 1.3 US cents in switching ownership of 113,517 stock units.
In the preference segmentEppley 6% preference share remained at US$1.40 while exchanging 50 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

7,000 points 1 week rally for JSE Majors

The Jamaica Stock Exchange Main Market ended the week on Friday, with the market index jumping more than 7,000 points for the holiday shortened week, following a 56 percent jump in the volume of stocks traded and a 79 percent rise in the value compared to Thursday, with trading in 53 securities compared to 56 on Thursday and resulting with 30 rising, 12 declining and 11 ending unchanged.
A total of 14,037,627 shares were traded for $85,583,051, compared with 9,017,684 units at $47,750,582 on Thursday.
Trading averaged 264,861 shares at $1,614,775, compared with 161,030 shares at $852,689 on Thursday and month to date, an average of 214,516 units at $1,312,602, compared with 211,928 units at $1,297,068 on the previous day. April closed trading with an average of 264,549 units at $1,409,410.
Transjamaican Highway led trading with 5.51 million shares for 39.3 percent of total volume followed by Stanley Motta with 2.0 million units for 14.3 percent of the day’s trade, Wigton Windfarm chipped in with 1.79 million units for 12.7 percent market share and Sagicor Select Manufacturing & Distribution Fund ended with 1.20 million units for 8.6 percent of total volume.
The All Jamaican Composite Index jumped 3,017.25 points to 372,672.30, the JSE Main Index climbed 2,660.04 points to 337,061.22 and the JSE Financial Index declined 0.18 points to end at 75.46.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded stock prices and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments popped $1.23 in closing at $76.25 in switching ownership of 34,170 shares, Caribbean Cement climbed $4 to end at $56 in an exchange of 107,172 stock units, Eppley fell $1.01 to close at $37.99 as 255 units passed through the market. First Rock Real Estate declined $1.03 and ended at $10.37 with shareholders swapping 2,953 stocks, GraceKennedy rose 50 cents to close at $78.50 while exchanging 90,339 stock units, Jamaica Broilers gained 50 cents to end at $36 with a transfer of 15,457 units. Jamaica Stock Exchange rallied 32 cents to close at $13.10 after an exchange of 7,434 shares, Kingston Properties gained 60 cents to end at $7.85, with 226,071 stocks crossing the market, Margaritaville rose $1.85 in closing at $18.41 in an exchange of 57 stock units. Massy Holdings rallied $1 to end at $100 with 3,911 stocks changing hands, NCB Financial lost $1 in ending at $70 in an exchange of 30,290 shares, Proven Investments dropped 90 cents to close at $25.10 after 1,474 units changed hands, Seprod gained $5 in closing at $75 as investors exchanged 70,414 stock units. Stanley Motta rose 57 cents to end at $5.64 and closed with 2,001,753 units being traded, Supreme Ventures advanced 40 cents to $27.40 as 17,842 shares crossed the market, Sygnus Real Estate Finance climbed $1.37 in closing at $13 after a transfer of 7,507 stocks and Wisynco Group increased $1.02 ended at $19.50 after an exchange of 229,985 stocks.
In the preference segmentJamaica Public Service 9.5% popped $21 to close at $3000 in trading 16 shares, JMMB Group 7% preference share rallied 32 cents to $2.48 with investors transferring 100 stock units and JMMB Group 7.25% due 2024 preference share shed 40 cents to end at $1.50 after shareholders ended trading 8,916 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market pullback

Trading pulled back from Wednesday’s activity on the Jamaica Stock Exchange Main Market on Thursday, with a decline in the market indices with the volume of stocks traded declining 50 percent with a 30 percent lower value than Wednesday, following trading in 56 securities down from 61 on Wednesday and ended with the prices of 22 rising, 21 declining and 13 ending unchanged.
At the close of trading, 9,017,684 shares valued at $47,750,582 were exchanged, down from 17,951,966 shares at $68,245,213 Wednesday.
Trading averaged 161,030 shares at $852,689, compared to 294,295 shares at $1,118,774 on the prior day and month to date, an average of 211,928 units at $1,297,068, compared with 214,851 units at $1,322,591 on Wednesday. April closed with an average of 264,549 units at $1,409,410.
Transjamaican led trading with 3.21 million shares for 35.6 percent of total volume, followed by Wigton Windfarm with 2.54 million units for 28.1 percent of the day’s trade and Stanley Motta with 798,674 units for 8.9 percent market share.
The All Jamaican Composite Index dropped 1,262.90 points to settle at 369,655.05, the JSE Main Index dipped 770.38 points to 334,401.18 and the JSE Financial Index lost 0.19 points to conclude trading at 75.64.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last selling prices of stocks and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Berger Paints dropped 41 cents and ended at $7.73 after an exchange of 96 shares, Caribbean Cement declined $3.85 to $52 while exchanging 3,962 stocks, Eppley Caribbean Property Fund rose $5.69 to end at $43.69 in switching ownership of 61 units, First Rock Real Estate gained $1.29 in closing at $11.40 in an exchange of 19 stock units. GraceKennedy increased 50 cents to close at $78, with 21,613 stocks changing hands, Jamaica Broilers shed 95 cents and ended at $35.50, with 26,914 units crossing the market, Jamaica Producers climbed 48 cents to end at $20.98 in an exchange of 32,507 stock units, Jamaica Stock Exchange fell 34 cents to $12.78 after an exchange of 57,726 shares after hitting an intraday low of $10. Key Insurance dipped 50 cents to $3.15 with shareholders swapping 255 shares, Kingston Properties popped 34 cents to close at $7.25 after a transfer of 1,229 stock units, Kingston Wharves gained 47 cents to end at $31 with 2,492 units being traded. Mayberry Investments rallied $1 to $9, with an exchange of 36,025 stocks, NCB Financial lost $1 to close at $71 as investors traded 94,523 shares, 138 Student Living popped 70 cents to $5.60, with 500 stock units crossing the exchange, Sagicor Group rallied 99 cents in closing at $50.49 following the trading of 111,688 units. Scotia Group advanced 50 cents to end at $34.50 and closed with an exchange of 16,948 stocks, Seprod climbed $2 in closing at $70 after trading 2,925 stocks and Supreme Ventures dropped 54 cents and ended at $27 with investors transferring 22,109 shares.
In the preference segmentEppley 5% preference share gained $1.91 to close at $22.90, with 11 units clearing the market, Jamaica Public Service 7% dropped $19 to $60 after 11 stock units passed through the market and 138 Student Living preference share fell $1.67 to close at $105 with an exchange of 55 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.