The Main Market of the Jamaica Stock Exchange pulled back on Thursday, with more stocks prices declining than rising even as the volume of stocks traded more than doubled with a 231 percent increase as 34 percent greater value passed through the market than on Wednesday, with 56 securities trading up from 53 on Wednesday, with 17 rising, 23 declining and 16 ending unchanged.
A total of 13,269,863 shares were exchanged for $57,335,875 versus 4,010,188 units at $42,902,377 on Wednesday.
Trading on Thursday averaged 236,962 units at $1,023,855 versus 75,664 shares at $809,479 on Wednesday and month to date, an average of 166,859 units at $977,324 compared to 130,510 units at $953,197 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
Wigton Windfarm led trading with 5.77 million shares for 43.5 percent of total volume, Transjamaican Highway followed with 2.88 million units for 21.7 percent of the day’s trade and Pulse Investments with 1.55 million units for 11.7 percent market share.
The All Jamaican Composite Index dipped 2,217.91 points to 394,298.42, the JSE Main Index declined 1,738.67 points to 344,902.91 and the JSE Financial Index dropped 0.72 points to settle at 82.56.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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 ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments declined $1.48 to $95 with the swapping of 5,489 shares, Caribbean Cement climbed $3.40 in closing at $61.50 trading 9,217 stock units, First Rock Real Estate shed $1.44 after ending at $13 in exchanging 201,319 stocks. Jamaica Producers rose $2.80 to finish at $20.60 with the swapping of 2,795 units, JMMB Group advanced 70 cents to close at $37.30 with 23,906 stocks clearing the market, Kingston Wharves lost 50 cents to settle at $37 with 54,906 units changing hands. Mayberry Jamaican Equities rose 87 cents in closing at $13 in switching ownership of 200 stock units, PanJam Investment dipped $1.50 to end at $54.50 after closing with 1,491 shares clearing the market, Sagicor Group dropped $1.10 to $50 after the trading of 29,692 units. Scotia Group fell $2.40 to close at $33 in an exchange of 87,784 stock units, Seprod shed $3.45 to end at $67.50 with investors transferring 8,839 shares,
Supreme Ventures dropped 76 cents in closing at $26.70 in an exchange of 8,082 stocks and Victoria Mutual Investments fell 41 cents to end at $4.19 with a transfer of 80,815 stock units.
In the preference segment, Eppley 7.50% preference share dipped 95 cents in ending at 52 weeks’ low of $5.35 after an exchange of 39,000 shares and 138 Student Living preference share lost $11.90 to close at $43.10 with 42 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
A total of 4,010,188 shares were exchanged for $42,902,377 versus 10,084,883 units at $60,042,941 on Tuesday.
At the close, Barita Investments declined $1.52 in closing at $96.48 after exchanging 4,775 shares, Caribbean Cement gained 60 cents to close at $58.10 with the swapping of 1,283 stock units, Caribbean Producers popped 82 cents to $13.35 with investors transferring 82,145 units. Eppley climbed $2.23 to close at $37.43 after transferring 3,126 stocks, Eppley Caribbean Property Fund rose $1.97 to end at $40 with 1,500 shares changing hands, Jamaica Broilers lost 97 cents to close at $28 in trading 44,230 units. Jamaica Producers advanced 53 cents to $17.80 in exchanging 2,355 stocks, Kingston Wharves fell 40 cents in closing at $37.50 with 4,217 stock units clearing the market, Massy Holdings dropped $1.04 after ending at $79.96 in an exchange of 352 units. Mayberry Jamaican Equities dipped $1.69 to end at $12.13 trading 3,581 stock units, 138 Student Living shed 98 cents to close at $5.52 in an exchange of 25 stocks, Proven Investments gained $1.90 to end at $32 after 12,646 shares cleared the market.
In the preference segment, Eppley 7.50% preference share dropped $1.44 in closing at $6.30 with 202 units changing hands and Productive Business Solutions 9.75% preference share rallied $33 to $140 after a transfer of one stock unit.
A total of 10,084,883 shares were exchanged for $60,042,941 versus 42,372,789 units at $70,469,791 on Monday.
At the close, Barita Investments dropped $1.85 to $98 with 12,578 stocks crossing the market, Caribbean Cement declined $3.25 to $57.50 with 116,678 stock units clearing the exchange, Caribbean Producers dipped 77 cents in closing at $12.53 after a transfer of 40,424 units, Eppley shed $4.50 to close at $35.20 with 174 stock units changing hands, First Rock Real Estate advanced 90 cents to $14.40 in an exchange of 1,114 units. GraceKennedy fell $2.85 to close at $82 with the swapping of 39,592 shares, Jamaica Producers lost $2.73 to end at $17.27 after trading 13,041 stocks, Jamaica Stock Exchange dipped $1.29 in closing at $15.21 with 3,767 stocks clearing the market. MPC Caribbean Clean Energy rallied $4 to $84 after trading 751 shares, NCB Financial gained $1 to close at $84.99 in exchanging 236,109 units, 138 Student Living dropped 45 cents to $6.50 in switching ownership of 1,073 stock units. PanJam Investment shed $3 to end at $56 as investors exchanged 73 stock units, Pulse Investments rose 46 cents after finishing at $3.39 with investors transferring 1,269,900 units, Sagicor Group lost $2.02 to close at $50.98 with the swapping of 50,178 stocks. 
Scotia Group declined $1.28 to end at $35.40 with a transfer of 62,578 shares, Stanley Motta popped $1.25 to close at $5.25 in trading 24,307 stocks, Sygnus Real Estate Finance fell 58 cents in closing at $10 after investors transferred two stock units.
The JSE Financial Index declined 0.55 points to settle at 83.08.
At the close, 
PanJam Investment climbed $2.13 to end at $59 in exchanging 14,751 stocks, Sagicor Group increased $3 to close at $53 with a transfer of 66,120 shares, Scotia Group rallied 68 cents to $36.68 with the swapping of 32,744 units. Stanley Motta fell 60 cents in closing at $4 after a transfer of 13,007 stock units and Sygnus Real Estate Finance advanced $1.38 to $10.58 with investors transferring 941 stocks.
Three stocks traded at one year lows, with NCB Group hitting an intraday low of $80 before closing at a yearly low of $84.99, Pulse Investment closed at a low of $2.85 and Sagicor Select Financial Fund hit a year’s low of 36 cents but closed at 42 cents.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.5 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.
Scotia Group rose 60 cents to $36, closing with an exchange of 4,653 stocks, Seprod popped $2.84 to $71 with the swapping of 2,491 shares and Sygnus Real Estate Finance dipped 80 cents to end at $9.20 in an exchange of 300 stock units.
A total of 7,725,167 shares were traded for $52,758,028 down from 18,798,375 units at $73,598,833 on Wednesday.
At the close, Barita Investments dipped $1.16 to close at $100 with 2,216 shares clearing the market, Caribbean Cement lost 40 cents to end at $57.50 after exchanging 32,270 stock units, Eppley Caribbean Property Fund dropped $1.03 to $38.01 after trading 2,137 units. GraceKennedy climbed 50 cents in closing at $89.50 with investors dealing in 77,765 stocks, Guardian Holdings shed $5 in ending at $495 after a transfer of 8,167 stock units, Jamaica Producers fell $1.70 to $17.30 with 8,532 shares changing hands. Kingston Wharves advanced $1.65 in closing at $37.90 in transferring 524 units, NCB Financial declined $1 to close at $85 with investors swapping 225,109 stocks, Palace Amusement shed 81 cents to $827 after trading 43 stock units. 
Proven Investments rallied $1.49 to end at $30 with the swapping of 1,250 units, Sagicor Group dipped 49 cents to $50.50 in trading 10,901 shares, Scotia Group dropped 60 cents in closing at $35.40 with 29,966 stocks crossing the exchange and Seprod dropped $2.79 to $68.16 while exchanging 4,390 units.
Investors traded 18,798,375 shares for $73,598,833, up from 6,498,000 units at $63,227,582 on Tuesday.
At the close, Barita Investments declined 80 cents to $101.16 after an exchange of 3,272 shares, Caribbean Cement dipped 85 cents to $57.90 after a transfer of 4,574 units, Caribbean Producers rose 42 cents to end at $13.60 with investors transferring 40,723 stocks. First Rock Real Estate rallied 49 cents to close at $14.49 after trading 3,375 stock units, JMMB Group fell $1 in closing at $37.50, with 163,830 stock units crossing the market, Kingston Wharves advanced $1.05 to $36.25, with a change in ownership of 34,654 shares. Massy Holdings dropped $4.85 to close at $80.15, with 878 units crossing the exchange, Mayberry Investments fell 59 cents to $7.86 in trading 28,550 stocks, NCB Financial popped 80 cents in closing at $86 after an exchange of 217,528 stock units. PanJam Investment gained $1.88 to end at $56.88 in exchanging 1,554 stocks, Proven Investments shed $1.49 to close at a 52 weeks’ low of $28.51 as investors exchanged 25,450 shares, 
Sagicor Group increased 99 cents to end at $50.99 in an exchange of 1,933 units and Sygnus Real Estate Finance climbed $1.31 to $10.31 with the swapping of 2,941 units.
Investors traded 6,498,000 shares for $63,227,582 up from 5,633,077 units at $47,384,697 on Monday.
At the close, Barita Investments rose $5.96 to end at $101.96, with 9,476 shares crossing the market, Caribbean Cement popped 65 cents to $58.75 after 14,442 stocks were traded, Caribbean Producers dipped 62 cents to $13.18 after trading of 164,065 stock units. GraceKennedy advanced 50 cents to $89, with 61,884 units crossing the market, Jamaica Producers dropped $1 to $19 in exchanging 3,369 stock units, JMMB Group rose 45 cents to close at $38.50 after an exchange of 341,509 units. Kingston Wharves fell $2.80 to $35.20 with the swapping of 20,659 stocks, Massy Holdings increased $3.90 in closing at $85, with 1,172 shares changing hands, Mayberry Investments rallied 45 cents to $8.45 with a transfer of 43,592 stock units. NCB Financial shed $1.30 to $85.20 in trading 60,828 units, Palace Amusement declined $12.19 to close at $827.81 with investors transferring ten shares, PanJam Investment climbed $2.25 to $55 after a transfer of 1,185 stocks. 
Proven Investments lost $2.09 to end at $30 in an exchange of 13,784 stock units, Sagicor Group shed 50 cents to end at $50 in switching ownership of 52,179 units, Scotia Group dipped 81 cents in closing at $36 after exchanging 19,291 shares. Seprod advanced 70 cents to close at $70.95 after trading 4,553 stocks and Stanley Motta popped 43 cents in closing at $5 after exchanging 3,787 stock units.
A total of 5,633,077 shares were exchanged for $47,384,697 versus 6,909,965 units at $29,190,379 on Friday.
At the close, Barita Investments lost $6.47 to end at $96 with 16,132 shares crossing the market, Caribbean Cement declined 65 cents to $58.10 in exchanging 4,823 stock units, Eppley shed $1.70 after ending at $38 with a transfer of 7,618 units. GraceKennedy dipped $1 in closing at $88.50 with 64,175 stocks changing hands, Jamaica Stock Exchange dropped 84 cents to close at $15.15 after trading 12,777 stock units, Key Insurance fell 54 cents to end at a 52 weeks’ low of $3.10 in an exchange of 920 stocks. Mayberry Investments advanced 60 cents to $8 with 68,331 units crossing the market, NCB Financial dropped $2.23 in closing at a 52 weeks’ low of $86.50 in transferring 221,710 shares, Palace Amusement rallied $10 to close at $840 in switching ownership of four shares. Proven Investments popped $1.54 to $32.09 while exchanging 8,618 stocks, Scotia Group rose $1.41 to close at $36.81 with 3,234 shares changing hands, Stanley Motta declined 43 cents to end at $4.57 in an exchange of 100 stock units and Sygnus Real Estate Finance fell $1.31 in closing at $9 with investors dealing in 350 stocks.
In the preference segment, Eppley 5% preference share climbed $5.55 to $23.40 with the swapping of one stock unit, 138 Student Living preference share increased $3.50 to $63.50 in transferring 63 units and Productive Business Solutions 9.75% preference share gained $33 in closing at $140 with an exchange of 243 shares.
Investors showed hesitance in buying stocks, trading 6,909,965 shares for $29,190,379 versus 4,041,001 units at $117,403,602 on Thursday.
At the close, Barita Investments popped 57 cents to $102.47 after swapping 15,273 stock units, Caribbean Cement rallied 75 cents to close at $58.75, with 472 units crossing the exchange. Caribbean Producers increased 43 cents in closing at $13.93, with 14,795 stocks changing hands, Eppley Caribbean Property Fund gained $1.01 to end at $39.02 after trading 500 stock units, First Rock Real Estate dropped $1.19 to close at $14.16 with 2,000 units changing hands. GraceKennedy dipped 50 cents, ending at $89.50, with 27,637 stocks clearing the market, Guardian Holdings rose $3.98 to $500 in switching ownership of 50 shares, Jamaica Producers advanced $1 to $20 as investors exchanged 7,669 stocks. Margaritaville shed $2.90 to $22.60 after trading 99 stock units, Massy Holdings declined $3.89 in closing at $81.11 in trading 111 units, Mayberry Investments fell 60 cents to close at $7.40 with investors transferring 1,011 shares. NCB Financial lost $1.26 after ending at $88.73 in an exchange of 2,531 stock units, PanJam Investment fell $4.28 to end at $52.71 as 5,029 stocks were exchanged, Proven Investments rallied 50 cents to $30.55, with 6,065 units crossing the market. 
Sagicor Group increased 50 cents ending at $50.50 with an exchange of 3,010 shares, Seprod declined $1.06 to end at $69.94 with a transfer of 14,416 units and Wisynco Group dipped 48 cents to close at $17.92 in exchanging 84,013 stocks.