Stocks traded mostly higher on Thursday, leading the major market indices to rise, with the volume of stocks rising 10 percent with 16 percent greater than on Wednesday at the Jamaica Stock Exchange Main Market as rising stocks exceeded were less than those declining.
The All Jamaican Composite Index climbed 3,067.03 points to 439,266.19, the JSE Main Index rose 2,365.47 points to 383,350.63 and the JSE Financial Index increased 0.95 points to settle at 91.88.
Trading ended with 51 securities compared to 54 on Wednesday, with 25 rising, 14 declining and 12 ending unchanged. Ciboney and JMMB Group 7 NC preference share traded at 52 weeks’ high.
A total of 16,705,305 shares were exchanged for $146,234,623 versus 15,220,491 units at $125,757,308 on Wednesday. Trading averages 327,555 units at $2,867,346, compared to 281,861 shares at $2,328,839 on Wednesday and month to date, an average of 264,077 units at $3,886,496, compared to 260,351 units at $3,946,308 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Transjamaican Highway led trading with 5.16 million shares for 30.9 percent of total volume, followed by Wigton Windfarm with 2.82 million units for 16.9 percent of the day’s trade, First Rock Capital with 2.03 million units for 12.1 percent market share, Supreme Ventures with 1.28 million units for 7.7 percent market share and Ciboney Group with 1.08 million units for 6.4 percent market share.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints lost $1 in ending at $11, with 35,423 shares changing hands, Caribbean Cement advanced $3.60 to $67.10 after trading 64,553 stock units, Ciboney Group climbed 37 cents to end at a 52 weeks’ high of $1.50 in trading 1,077,445 units. Eppley dropped $3.95 to close at $40 while exchanging 500 stocks, Eppley Caribbean Property Fund popped $4, in closing at $44 with the swapping of 11 shares, First Rock Capital increased 95 cents to $13.25 after exchanging 2,027,822 stock units. Guardian Holdings rose $1 to close at $501, trading 1,605 stocks, Jamaica Stock Exchange shed $1.27 to end at $17 after exchanging 56,302 units, Kingston Wharves gained $2.65 in closing at $39 with 27,672 stock units changing hands. Massy Holdings declined 44 cents to $91.56 with an exchange of 502 stocks, Mayberry Investments rallied 69 cents to close at $10.75 in exchanging 88,876 shares, Mayberry Jamaican Equities fell $1.03 to $13, with 9,558 units crossing the market. NCB Financial rose 50 cents in closing at $103 in an exchange of 72,458 shares, Palace Amusement jumped $86 to end at $986 with four shares crossing the market, PanJam Investment gained $1 in ending at $66 with 39,348 stocks clearing the market. Sagicor Group increased $1.99 in closing at $56.99 after 72,339 stock units crossed the exchange and Seprod popped $1.47 to $71.50 in switching ownership of 6,940 shares.
In the preference segment, JMMB Group 7.25% preference share fell 40 cents to end at $2.28 after exchanging 79 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

A 73 percent fall in the value of stocks trading on Wednesday compared to Tuesday was the most prominent feature of the Jamaica Stock Exchange Main Market activity that ended, with the volume of stocks traded rising just 7 percent ahead of Tuesday trade as trading ended with falling more stocks than those gaining.
Trading ended with, 15,220,491 shares were exchanged for $125,757,308 compared to 14,229,124 units averaging $463,454,123 on Tuesday. Trading averages 281,861 units at $2,328,839, compared to 273,637 shares at $8,912,579 on Tuesday and month to date, an average of 260,351 units at $3,946,312, compared to 258,926 units at $4,053,482 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Transjamaican Highway led trading with 8.23 million shares for 54 percent of total volume, followed by Wigton Windfarm with 959,041 units for 6.3 percent of the day’s trade and Pulse Investments with 648,410 units for 4.3 percent market share.
The All Jamaican Composite Index rallied 286.14 points to 436,199.16, the JSE Main Index fell 624.84 points to 380,985.16 and the JSE Financial Index dipped 0.38 points to settle at 90.93.
Trading ended with 54 securities compared to 52 on Tuesday, with 18 rising, 23 declining and 13 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Caribbean Cement fell $1 to close at 63.50, with 36,506 shares crossing the exchange, Eppley advanced $3.95 in closing at $43.95 with the swapping of 79 stocks, First Rock Capital fell 70 cents to close at $12.30 while exchanging 1,688 units. GraceKennedy declined $1.01 to $101.99, with 133,000 stock units changing hands, Guardian Holdings popped $2.50 to $500 and closed with trading in 1,748 stock units, Jamaica Producers increased 49 cents to close at $21 with an exchange of 11,644 units. Jamaica Stock Exchange gained 77 cents to end at $18.27 in switching ownership of 3,250 shares, Kingston Wharves dropped 65 cents to close at $36.35 after exchanging 8,957 stocks, Mayberry Investments shed 44 cents in closing at $10.06 after trading 97,096 stock units. Mayberry Jamaican Equities rose $1.04 in ending at $14.03, with 70,680 units crossing the market, NCB Financial rallied $1.30 to $102.50 after finishing trading 19,030 stocks, 138 Student Living lost 30 cents to close at $4.76 in trading 5,544 shares. Palace Amusement dropped $1.01 to end at $900 with 60 stocks clearing the market, Portland JSX climbed 50 cents in closing at $11.50 in exchanging 22,917 units, Proven Investments advanced $1.97 to $38 in an exchange of 8,308 shares. Sagicor Group declined $1.70 in, ending at $55 after 588,190 stock units crossed the market and Supreme Ventures rallied 28 cents to $29.91 after exchanging 497,456 shares.
In the preference segment, Eppley 7.50% preference share climbed 63 cents to $7.23, with 550 stocks changing hands and JMMB Group 7.25% due 2024 preference share fell 30 cents in closing at $1.70 after trading 11,543 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Moderately more shares were exchanged on the Jamaica Stock Exchange Main Market on Tuesday valued 108 percent more than on Monday Market activity ended, with the prices of rising stocks falling behind declining ones.
The All Jamaican Composite Index gained 501.91 points to end at 435,913.02, the JSE Main Index rallied 603.43 points to 381,610 and the JSE Financial Index increased 0.14 points to settle at 91.31.
Trading ended with 52 securities compared to 54 on Monday, with 17 rising, 22 declining and 13 ending unchanged.
The PE Ratio, a formula used in ascertaining appropriate stock values, averages 14.1 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years, ending up to the close of August 2023.
Overall, 14,229,124 shares were exchanged for $463,454,123 versus 13,828,390 units at $222,616,334 on Monday. Trading averages 273,637 units at $8,912,579, compared to 256,081 shares at $4,122,525 on Monday and month to date, an average of 258,926 units at $4,053,482, compared to 257,923 units at $3,722,324 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Productive Business Solutions 9.75% Preference share led trading with 3.63 million shares for 25.5 percent of total volume, followed by Transjamaican Highway with 2.64 million units for 18.6 percent of the day’s trade, Wigton Windfarm traded 1.49 million units for 10.4 percent market share and Sagicor Select Financial Fund ended with 1.13 million units for 8 percent market share.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Caribbean Cement rose $1.50 to $64.50 with the swapping of 51,968 shares, Eppley lost $2.50 in ending at $40 after exchanging 2,930 units, Eppley Caribbean Property Fund dropped $2 to close at $40 in switching ownership of 4,502 stock units. First Rock Capital gained 99 cents to end at $13, with 12,625 stocks crossing the exchange, GraceKennedy declined $1.50 in closing at $103 in trading 29,388, units, Guardian Holdings fell $9.50 in closing at $497.50 with an exchange of 35 stock units. Jamaica Broilers popped 50 cents to close at $26.50 in trading 22,882 shares, Jamaica Producers shed 89 cents to end at $20.51, with 21,247 stocks changing hands, Jamaica Stock Exchange declined $1 in ending at $17.50 with 58,695 shares clearing the market. JMMB Group lost 51 cents to end at $42.49 while exchanging 62,861 stock units, Kingston Wharves advanced 70 cents in closing at $37 in trading 2,432 units, Mayberry Investments fell 50 cents to $10.50 as 69,355 stocks changed hands. MPC Caribbean Clean Energy increased $10.50 to $106.50 after exchanging 180 stocks, NCB Financial climbed $4.20 to close at $101.20, with 60,622 shares crossing the market, Proven Investments dropped 97 cents to end at $36.03 after trading 68,396 units. Seprod shed $1.60 to close at $70, with 8,883 stock units crossing the market, Supreme Ventures lost 67 cents to end at $29.63 after trading 260,691 units, Sygnus Real Estate Finance declined $1.45 in closing at $14 and closing with 2,296 stock units changing hands.
In the preference segment, Jamaica Public Service 9.5% dropped $200 ending at $2800, with 5 stock units crossing the market and Productive Business Solutions 9.75% preference share rallied $8.25 to $108.25 in an exchange of 3,625,207 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The volume of stocks trading on Monday fell 21 percent below Friday’s level with a 12 percent lower value as 13,828,390 shares were exchanged for $222,616,334 versus 17,485,254 units at $253,862,892 on Friday on the Jamaica Stock Exchange Main Market leading to an equal number of rising and declining stocks.
Trading ended with 54 securities compared to 55 on Friday, with 22 rising, 22 declining and ten ending unchanged. The All Jamaican Composite Index dipped 860.46 points to 435,411.11, the JSE Main Index fell 521.64 points to 381,006.57 and the JSE Financial Index dropped 0.07 points to settle at 91.17.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Trading averages 256,081 units at $4,122,525, compared to 317,914 shares at $4,615,689 on Friday and month to date, an average of 257,923 units at $3,722,324, versus 258,064 units at $3,691,843 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Transjamaican Highway led trading with 2.87 million shares for 20.8 percent of total volume, followed by Sagicor Group with 1.96 million units for 14.2 percent of the day’s trade, Wigton Windfarm with 1.94 million units for 14 percent market share and Jamaica Broilers with 1.06 million units for 7.6 percent of stocks trading.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Berger Paints rallied 98 cents to close at $12, with 1,802 shares crossing the market, Caribbean Cement shed $1.50 to end at $63, with 44,250 units changing hands, Carreras lost 48 cents in ending at $9.50 after exchanging 830,839 stocks. Eppley declined $2.50 in closing at $42.50 with an exchange of 1,130 stock units,  Caribbean Property Fund dropped 50 cents to $42 in switching ownership of 2,957 stock units, First Rock Capital fell $1.49 to $12.01, with 988,026 units crossing the market. GraceKennedy shed 50 cents to close at $104.50 after exchanging 75,084 shares, Guardian Holdings declined $3 after ending at $507 and trading 222 stocks, Jamaica Stock Exchange advanced 50 cents in closing at $18.50 after trading 4,188 units. JMMB Group popped 50 cents to end at $43 with an exchange of 123,034 stock units, Kingston Properties increased 29 cents in closing at $7.89 with the swapping of 4,207 shares, MPC Caribbean Clean Energy lost $11.75 to end at $96 with 45 stocks clearing the market. NCB Financial fell $4.01 to close at $97, trading 34,111 stock units, 138 Student Living rose 30 cents to $5.06 after closing with 5,247 stocks changing hands, Palace Amusement gained $1 after ending at $901 in exchanging ten units. PanJam Investment dropped $1 to $65 in an exchange of 539 shares, Proven Investments declined 50 cents to end at $37 while exchanging 54,755 units, Sagicor Group climbed 50 cents to close at $56.50 in exchanging 1,964,393 shares. Scotia Group increased 82 cents in closing at $37.85 after trading 3,033 stocks, Seprod gained $1.10 in ending at $71.60 with the swapping of 27,965 stock units and Stanley Motta rose 38 cents to end at $5.50 after trading 347 units.
In the preference segment, Eppley 7.50% preference share popped 60 cents after ending at $6.60 after exchanging 306 shares and Productive Business Solutions 9.75% preference share lost $7 in closing at $100, with 2,001 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 40 percent over trading on Thursday but with a 48 percent lower value as the market closed with an equal number of stocks rising and falling.
Trading ended with slightly more securities trading than on Thursday, with 55 changing hands up from 54 before and ended with 19 rising, 19 declining and 17 ending unchanged. The All Jamaican Composite Index shed 101.02 points to close at 436,271.57, the JSE Main Index slipped 324.63 points to 381,528.21 and the JSE Financial Index rose 0.03 points to settle at 91.24.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 17,485,254 shares were exchanged for $253,862,892 versus 12,502,865 units at $487,965,172 on Thursday. Trading averages 317,914 units at $4,615,689, compared to 231,535 shares at $9,036,392 on Thursday and month to date, an average of 258,064 units at $3,691,843 compared to 253,031 units at $3,614,150 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
JMMB Group 7.25% preference share due 2024 led trading with 3.33 million shares for 19 percent of total volume, followed by Sagicor Select Financial Fund with 2.82 million units for 16.1 percent of the day’s trade, Transjamaican Highway ended with 2.02 million units for 11.6 percent market share, Seprod 1.69 million units for 9.7 percent of trading and Wigton Windfarm with 1.43 million units for 8.2 percent share of the volume of stocks traded.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four stocks with lower offers.
At the close, Caribbean Cement shed $3 to end at $64.50 in exchanging 16,764 shares, Eppley increased $5 to $45 in switching ownership of 1,097 stock units, Eppley Caribbean Property Fund popped $3.38 to $42.50 after trading 2,180 stocks. First Rock Capital climbed 47 cents to close at $13.50 with an exchange of 206,073 units, Jamaica Broilers fell 50 cents in closing at $26 in trading 170,838 stock units, Kingston Properties dropped 29 cents to end at $7.60 with 4,573 units clearing the market. Kingston Wharves lost $2.69 in ending at $36.31 while exchanging 7,001 stocks, Massy Holdings declined 60 cents to $92 after exchanging 18,432 shares, Mayberry Investments declined 45 cents in closing at $10.90 after 66,520 units crossed the exchange. NCB Financial lost $1.49 to $101.01 in trading 57,805 shares, Palace Amusement gained $45 to end at $900 in an exchange of two stock units, PanJam Investment rose $1.50 in closing at $66, with 9,404 stocks crossing the market. Proven Investments dropped $1.50 to $37.50 after exchanging 9,224 units, Pulse Investments advanced 29 cents to close at $3.59, with 550,211 shares crossing the market, Sagicor Group rallied 50 cents to $56, with 174,119 stocks changing hands. Salada Foods popped 25 cents in ending at $5.50 with the swapping of 2,363 stock units, Seprod shed 50 cents to end at $70.50 after trading 1,694,903 shares, Stanley Motta gained 32 cents in closing at $5.12 with the swapping of 14,345 stock units. Supreme Ventures climbed 36 cents to close at $30.35 in switching ownership of 535,642 units and Sygnus Credit Investments fell 31 cents to $14.20 in an exchange of 29,102 stocks.
In the preference segment, JMMB Group 7.25% preference share declined 52 cents in closing at $2.68 after trading 11,222 stocks, JMMB Group 7.25% due 2024 preference share lost 32 cents to $1.95 with 3,329,855 units crossing the market and 138 Student Living preference share fell $3.63 to end at $17 with 50 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.