Market activity ended on Thursday with the volume of shares declining 25 percent and the value plunging 26 percent lower than on Wednesday on the Jamaica Stock Exchange Main Market as rising stocks failed to match those declining.
The All Jamaican Composite Index dived 2,262.59 points to 431,950.73, the JSE Main Index shed 1,959.04 points to 390,804.57 and the JSE Financial Index lost 0.88 points to end at 94.97.
Overall 52 securities traded up from 51 on Wednesday, with 17 rising, 21 declining and 14 ending unchanged.
The PE Ratio, a formula used for computing appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasts by ICInsider.com for companies with financial years ending between the current year and August 2022.
Trading ended with 9,485,143 shares changing hands for $54,811,242 versus 12,587,397 units at $74,535,868 on Wednesday. Wigton Windfarm led trading with 26.2 percent of total volume with a transfer of 2.48 million shares followed by Transjamaican Highway 23.1 percent with 2.2 million units and Sterling Investments with 13.4 percent for an exchange of 1.27 million units.
Trading averages 182,407 units at $1,054,062, compared to 246,812 shares at $1,461,488 on Wednesday and month to date, an average of 245,918 units at $2,811,652, compared to 249,500 units at $2,910,778 on Wednesday. October closed with an average of 251,350 units at $2,773,208.
Investor’s Choice bid-offer indicator shows eight stocks ending with higher bids than their last selling prices and none with a lower offer.
At the close, Barita Investments spiked $2.15 to $92.15 in an exchange of 6,158 shares, Caribbean Cement rallied $2.31 to $88.81 with 124,985 units crossing the exchange, Caribbean Producers lost 30 cents to close at $9.60 in trading 308,440 stocks. Eppley slipped 40 cents to $35.60 with the swapping of 451 stock units, First Rock Capital fell $1.48 in closing at $10.02 after switching ownership of 47,855 shares, Guardian Holdings dropped $20 to close at $520 after 3,419 units cleared the market. Jamaica Broilers gained 30 cents to finish at $29 with 7,450 stocks changing hands, Jamaica Producers shed 55 cents to end at $23.40 in trading 8,389 shares, JMMB Group lost 30 cents in closing at $38.50 in ownership switching for74,664 stocks. Key Insurance rallied 36 cents to $4.39 in transferring 2,600 units, Palace Amusement dropped $45 in closing at $985, with 105 stock units changing hands, 
Proven Investments dipped 30 cents to end at $33.30 with a transfer of 15,877 shares. Sagicor Group rose 50 cents to $52.70 after an exchange of 73,402 stocks, Scotia Group lost 40 cents ending at $34.50, with 15,947 stock units changing hands, Seprod dipped 55 cents to $63.20 in exchanging 6,169 units. Supreme Ventures fell 63 cents in closing at $17.85 with the swapping of 73,324 shares and Sygnus Credit Investments rose 99 cents to $15.99, with 159,129 stocks crossing the market.
In the preference segment, Eppley 7.50% preference share shed 90 cents to settle at $6 in trading 130 units and Productive Business Solutions 9.75% preference shares advanced $28.90 to close at $101 after crossing the exchange with one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Overall, 51 securities traded compared to 50 on Tuesday, with 26 rising, 17 declining and eight unchanged. The All Jamaican Composite Index spiked 2,767.79 points to 434,213.32, the JSE Main Index jumped 2,471.24 points to 392,763.61 and the JSE Financial Index rallied 0.42 points to end at 95.85.
At the close, Barita Investments dropped $2.25 to $90 with 25,365 shares changing hands, Berger Paints slipped 54 cents in closing at $13.56 after trading 3,799 stocks, Caribbean Cement climbed $7.01 to $86.50 with 117,109 stock units clearing the market. Eppley Caribbean Property Fund spiked $4 to close at $42 in switching ownership of 1,334 units, First Rock Capital rose 85 cents to $11.50 after exchanging 54,379 stock units, GraceKennedy advanced 94 cents to close at $98.94 with the swapping of 15,926 shares. Guardian Holdings spiked $20 to $540 in an exchange of 334 stocks, Jamaica Broilers shed $2 to end at $28.70 in trading 14,930 units, Jamaica Producers rallied $2.50 in closing at $23.95 in switching ownership of 20,200 stocks. JMMB Group popped 61 cents to $38.80 after transferring 223,545 shares, Kingston Wharves lost 30 cents in closing at $43.70 with the swapping of 100 units, Mayberry Investments gained 31 cents to $7.81 in trading 41,417 stock units. 
PanJam Investment declined $7.90 to close at $63.10 with 26,012 shares changing hands, Proven Investments gained 35 cents to end at $33.60 with a transfer of 12,467 stocks, Sagicor Group fell $1.79 to $52.20 after crossing the exchange with 57,067 stock units. Salada Foods gained 25 cents to end at $7 in trading 38,973 units, Scotia Group rose 60 cents to close at $34.90 with the swapping of 124,679 stock units, Sygnus Credit Investments dipped 50 cents to $15 in exchanging 182,678 stocks. Sygnus Real Estate Finance rallied $1.51 to $16.01 after trading 2,629 shares.
Trading ended with eight securities changing hands, similar to Tuesday with our rising, one declining and three unchanged. The JSE US Denominated Equities Index lost 0.67 points to end at 195.65.
At the close, First Rock Capital USD share ended at 6.6 US cents in exchanging 1,135 shares, Margaritaville advanced 0.49 of a cent to 9.49 US cents while exchanging 13,928 units, Proven Investments increased 0.02 of a cent in ending at 22.58 US cents, with 49,538 stocks crossing the market. Sterling Investments spiked 0.09 of a cent in closing at 2.09 US cents after 4,331 stock units changed hands, Sygnus Credit Investments USD share remained at 13 US cents after exchanging 5,280 units, Sygnus Real Estate Finance USD share rallied 1 cent to close at 16 US cents in exchanging 1,389 stock units and Transjamaican Highway dropped 0.05 of a cent to 0.8 US cents, with 140,000 shares crossing the market.
Trading on Tuesday ended with the volume of shares changing hands declining 98 percent and the value 99 percent lower than on Monday, at the close of the Jamaica Stock Exchange US dollar market, resulting in more stocks falling stocks than rising.
First Rock Capital USD share shed 0.4 cents of a cent to 6.6 US cents while exchanging 1,002 shares, MPC Caribbean Clean Energy remained at US$1.08 in an exchange of one stock unit, Proven Investments declined 0.44 of a cent in closing at 22.56 US cents and trading 9,884 stocks. Sterling Investments ended unchanged at 2 US cents in trading 2,000 units, Sygnus Credit Investments USD share finished at 13 US cents after exchanging 1,558 units, Sygnus Real Estate Finance USD share ended at 15 US cents in switching ownership of 657 shares and Transjamaican Highway remained at 0.85 US cents after 100,000 stock units crossed the exchange.
Market activity ended on Tuesday with the volume of shares trading rising marginally, with the value 62 percent higher than on Monday on the Jamaica Stock Exchange Main Market as declining stocks beat out those rising.
A total of 9,056,607 shares traded for $98,885,368 up from 8,605,350 units at $61,182,683 on Monday. Transjamaican Highway led trading with 32.7 percent of total volume after an exchange of 2.96 million shares followed by Wisynco Group 15.7 percent, with 1.43 million units, Wigton Windfarm contributed 12 percent with 1.09 million units and Pulse Investments 11.3 percent for an exchange of 1.02 million units.
NCB Financial rose $1 to $119 in exchanging 18,541 stock units, PanJam Investment rallied $3.50 to $71 with the swapping of 117,621 units, Sagicor Group spiked 49 cents to $53.99 after 1,940 stocks crossed the market. Scotia Group popped 30 cents to end at $34.30 with 41,558 stock units changing hands, Seprod rose 65 cents to close at $63.75 in switching ownership of 3,824 units, Sygnus Credit Investments dipped 48 cents in closing at $15.50 after trading 264,810 shares and Victoria Mutual Investments lost 40 cents to close at $5.60 in transferring 51,422 stocks.
Trading averaged 165,488 units at $1,176,590, down from 168,071 shares at $3,760,319 on Friday and month to date, an average of 253,830 units at $3,057,633, versus 259,804 units at $3,184,829 on Friday. October averaged 251,350 units at $2,773,208.
PanJam Investment fell $2.50 to $67.50 in exchanging 100 stocks, Sagicor Group advanced $1.29 to $53.50 after trading 6,861 stock units, Scotia Group lost 30 cents in closing at $34 with the swapping of 86,295 units. Seprod shed 60 cents to close at $63.10 in switching ownership of 15,550 shares, Stanley Motta gained 32 cents to end at $5.82 in trading 1,000 stock units, Sygnus Credit Investments popped 32 cents to $15.98 after an exchange of 66,912 shares and Sygnus Real Estate Finance climbed 65 cents to $14.70 with 5,007 stocks changing hands.
Trading ended with seven securities changing hands, compared to six on Thursday, with prices of two rising, four declining and one ending unchanged.
At the close, First Rock Capital USD share shed 0.1 of a cent to 6.9 US cents in exchanging eight shares, Margaritaville fell 0.45 cents, in ending at 9 US cents after switching ownership of 41,754 units, Proven Investments popped 0.85 of a cent to close at 23.44 US cents while exchanging 49,602 stock units. Sygnus Credit Investments Jamaica dollar share dropped 0.17 of a cent to end at 12.83 US cents with 393 stocks crossing the market, Sygnus Credit Investments USD share ended at 12.5 US cents, with 2,131 shares changing hands, Sygnus Real Estate Finance USD share declined 1 cent to end at 15 US cents after finishing trading of 1,500 units and Transjamaican Highway popped 0.01 of a cent to 0.85 of one US cent with an exchange of 21,637 stock units.
The All Jamaican Composite Index plunged 7,346.88 points, following Thursday nearly 5,000 points drop, to close the week at 427,237.85, and the lowest point since late-December last year. The JSE Main Index dived 6,433.10 points to 386,813.17 and the JSE Financial Index declined 1.26 points to end at 94.49.
Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and none with a lower offer.
NCB Financial shed 98 cents to end at $117.02 with an exchange of 42,468 stocks, 138 Student Living rose 70 cents to $4.70 in transferring 4,360 shares, PanJam Investment lost 50 cents to close at $70 after exchanging 17,794 units, Portland JSX fell 89 cents to $6.61 with 500 shares clearing the market. Radio Jamaica lost 26 cents to close at $3.06 in switching ownership of 689,952 stock units, Sagicor Group shed 64 cents in ending at $52.21 while trading 103,931 shares, Seprod popped 65 cents to finish at $63.70 after exchanging 2,252 stocks. Supreme Ventures rose $1.48 to $18.48 with 66,957 units changing hands and Sygnus Real Estate Finance declined $1.93 to $14.05 after 1,700 stock units crossed the market.
Six securities traded, compared to five on Wednesday, with three rising, two declining and one ending unchanged.
First Rock Capital USD share climbed 0.4 of a cent to close at 7 US cents with the swapping of 43,840 shares, Margaritaville ended at 9.45 US cents in switching ownership of 18,153 units, Sterling Investments shed 0.09 cents in ending at 2 US cents after trading 486 stocks. Sygnus Credit Investments USD share popped 0.49 of a cent to 12.5 US cents, in trading with 714 stock units and Transjamaican Highway dropped 0.03 of a cent in closing at 0.84 US cents after an exchange of 440 shares.
The average trade for the day was 70,196 units at $5,401,049 versus 440,284 shares at $9,078,293 on Wednesday and month to date, an average of 266,594 units at $3,142,230, compared to 273,987 units at $2,968,998 on Wednesday. October closed with an average of 251,350 units at $2,773,208.
Margaritaville popped $2.68 ending at $20.52 in switching ownership of 510 stock units, 138 Student Living lost 45 cents to end at $4 in exchanging 8,290 shares, Palace Amusement rallied $30 to $1,030 with 27 units clearing the market, PanJam Investment gained 50 cents in closing at $70.50 with an exchange of 18,453 shares. Proven Investments lost 49 cents to settle $33 with the swapping of 2,500 stock units, Sagicor Group declined $1.91 to end at $52.85 after 70,956 stocks crossed the market, Scotia Group fell $2 in closing at $34.50 with the swapping of 157,337 units. Seprod shed 70 cents to close at $63.05 in trading 12,286 shares, Stanley Motta lost 26 cents in ending at $5.40 with 1,000 stock units changing hands, Sygnus Credit Investments lost 41 cents to finish at $15.60 in trading 66,085 shares and Wisynco Group shed 45 cents to close at $16.50 in switching ownership of 114,643 stocks.
