Rebound for JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining 12 percent after the value jumping 65 percent compared to trading on Tuesday, following trading in 50 securities down from 56 on Tuesday and leading to prices of 13 rising, 21 falling and 16 ending unchanged.
At the close, the All Jamaican Composite Index climbed 1,340.21 points to 356,869.10, the JSE Main Index rose 1,279.01 points to close at 323,635.78 and the JSE Financial Index popped 0.32 points to end trading at 71.55.
A total of 7,549,896 shares were traded for $79,965,770 in contrast with 8,602,396 units at $48,412,908 on Tuesday.
Trading averaged 150,998 shares at $1,599,315 versus 153,614 shares at $864,516 on Tuesday and month to date, an average of 356,371 units at $1,710,697 compared with 369,304 units at $1,717,711 on the previous day. July closed with an average of 283,368 units at $2,135,482.
Transjamaican Highway led trading with 2.59 million shares for 34.4 percent of the total volume, followed by Wigton Windfarm with 1.70 million units for 22.5 percent of the day’s trade and Caribbean Cement with 812,000 units for 10.8 percent market share.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios are computed based on the last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2024.
The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints dipped 74 cents to $7.05 after an exchange of 6,538 shares, Caribbean Producers fell 39 cents and ended at $9.60 while investors traded 15,883 stock units, Jamaica Producers dropped $1.08 to close at $18 with an exchange of 15,539 units. Massy Holdings rose 75 cents in closing at $101 after investors ended trading 152 stocks, Mayberry Investments increased 64 cents to end at $8.64 while a mere 202 stocks passed through the market, Mayberry Jamaican Equities fell 40 cents to close at $11 with 37,481 units being traded. Pan Jamaica advanced 86 cents in closing at $48.05 after a transfer of 23,977 stock units, Sagicor Group shed $2.82 to end at $44.08 with investors exchanging 28,063 shares, Scotia Group climbed 99 cents to close at $34 in trading 1,066 stocks. Seprod fell $1.99 to $68 with a transfer of 5,919 stocks, Sygnus Credit Investments dropped 55 cents in closing at $11.44, with 9,330 shares crossing the market and Victoria Mutual Investments gained 33 cents to close at $3.03 after a transfer of 4,947 units.

In the preference segment, Jamaica Public Service 7% declined $1 and ended at $55 after three units cleared the market and Jamaica Public Service 9.5% lost $50 to end at $3050 in an exchange of 9 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Pull back for JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 12 percent and the value 36 percent lower than Monday, with 56 securities trading compared with 58 on Monday, with 25 rising, 20 falling and 11 ending unchanged.
A total of 8,602,396 shares were traded for $48,412,908 compared with 9,803,797 units at $75,092,515 on Monday.
Trading averaged 153,614 shares at $864,516 compared with 169,031 units at $1,294,699 on Monday and month to date, an average of 369,304 stocks at $1,717,711, compared to 385,670 shares at $1,782,452 on the previous day. Trading in July closed with an average of 283,368 units at $2,135,482.
Wigton Windfarm led trading with 3.17 million shares for 36.9 percent of total volume, Transjamaican Highway followed with 1.55 million units for 18 percent of the day’s trade and Sagicor Select Financial Fund with 888,086 units for 10.3 percent market share.
The All Jamaican Composite Index shed 2,282.01 points to close at 355,528.89, the JSE Main Index declined 1,867.4  points to 322,356.77 and the JSE Financial Index dipped 0.64 points to end at 71.23.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Caribbean Cement dropped 49 cents to close at $51.50, with investors transferring 29,125 shares, First Rock Real Estate climbed $1.05 to end at $8.75, with 2,095 units crossing the market, Jamaica Stock Exchange dipped 65 cents in closing at $10.05 as investors exchanged 849 stocks. Kingston Properties rallied 44 cents and ended at $7.44 after an exchange of 3,998 stock units, Kingston Wharves popped $1.10 to $28.90 as 5,630 stocks passed through the market, Mayberry Investments shed 57 cents to end at $8 in an exchange of 15,942 shares. Mayberry Jamaican Equities increased 40 cents in closing at $11.40 in an exchange of 251 stock units, NCB Financial gained $2.98 to close at $75, after 64,578 units crossed the exchange, 138 Student Living rallied 40 cents to close at $4.65 in switching ownership of 1,400 shares. Pan Jamaica rose $4.19 to $47.19 with 500 units clearing the market, Sagicor Group rallied $1.81 to $46.90, with 29,098 stocks changing hands, Scotia Group lost 99 cents to end at $33.01 after a transfer of 109,584 stock units. Seprod popped 99 cents to close at $69.99 after an exchange of 53,646 stocks, Supreme Ventures climbed $1.39 and ended at $28.50 with investors swapping 5,620 units, Sygnus Credit Investments rose 67 cents in closing at $11.99 and closed with 28,630 stocks being traded and Victoria Mutual Investments declined 30 cents to close at a 52 weeks’ low of $2.70, with 104,183 shares crossing the market.
In the preference segment, Productive Business Solutions 9.75% preference share rallied $8 to end at $100 while exchanging 2,195 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading gains for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 22 percent with a 337 percent increased value compared to trading on Monday, resulting in trading in eight securities, compared to six on Monday with five rising, two declining and one ending unchanged.
A total of 343,792 shares were exchanged for US$39,382, up from 282,396 units at US$9,019 on Monday.
Trading averaged 42,974 shares at US$4,923 compared with 47,066 units at US$1,503 on Monday, with a month to date average of 54,414 shares for US$3,684 compared with 55,329 units at US$3,585 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index lost 6.67 points and concluded trading at 240.70.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.2. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, Margaritaville increased 0.16 of a cent to 11.5 US cents, with 300,000 shares changing hands, MPC Caribbean Clean Energy climbed 10 cents to 65 US cents in switching ownership of 2,592 units, Productive Business Solutions shed 10 cents to end at US$1.70 while exchanging 62 stocks. Proven Investments remained at 14.5 US cents to close trading of 5,000 stock units, Sterling Investments gained 0.17 of a cent to end at 1.97 US cents in an exchange of 247 stocks, Sygnus Credit Investments advanced 1.8 cents to 10.8 US cents, with 1,845 units crossing the exchange, Sygnus Real Estate Finance USD share rallied 0.01 of a cent to 10 US cents in trading 19,478 shares and Transjamaican Highway fell 0.04 of a cent to 1.75 US cents after a transfer of 14,568 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Surge in JSE Main Market index

Stocks closed much higher on Monday on the Jamaica Stock Exchange Main Market, with the market index surging more than 4,000 points following a mild decline in the volume of stocks traded as the value surged 91 percent above the outcome on Friday, after trading in 58 securities compared with 55 on Friday, resulting in 20 rising, 23 declining and 15 ending unchanged.
A total of 9,803,797 shares were traded for $75,092,515 against 10,256,198 units at $39,416,576 on Friday.
Trading averaged 169,031 shares at $1,294,699 compared with 186,476 units at $716,665 on Friday and month to date, an average of 385,670 stock units at $1,782,452 versus 404,148 units at $1,824,055 on the previous trading day. Trading in July closed with an average of 283,368 units at $2,135,482.
JMMB Group 7.35% was the leading trade, with 2.42 million shares for 24.7 percent of total trades followed by Transjamaican Highway with 1.82 million units for 18.6 percent of the day’s trade, Sagicor Select Financial Fund ended with 1.18 million units for 12 percent market share and Wigton Windfarm with 1.10 million units for 11.2 percent of the day’s volume.
The All Jamaican Composite Index surged 4,373.19 points to close at 357,810.90, the JSE Main Index jumped 4,153.40 points to 324,224.20 and the JSE Financial Index popped 1.39 points to 71.87.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments increased 94 cents and ended at $74.95 with a transfer of 48,849 shares, Berger Paints rose 74 cents to end at $7.79 and closed with 1,964 units changing hands, Eppley Caribbean Property Fund climbed $5.95 in closing at $41.95 as 710 stock units passed through the market. First Rock Real Estate lost $1.10 to close at $7.70, with 7,000 stocks crossing the market, Guardian Holdings advanced $18.25 to $439.75 with investors transferring 45 stock units, Kingston Wharves rallied $1.79 and ended at $27.80, with 520 shares crossing the exchange. Massy Holdings fell 75 cents to close at $100.25 in trading 691 units, Mayberry Jamaican Equities dropped 40 cents in closing at $11 with investors exchanging 36,852 stocks, NCB Financial declined 98 cents to $72.02 with an exchange of 562,220 shares. 138 Student Living shed 40 cents to end at $4.25 with stakeholders trading 2,445 stock units, Pan Jamaica dipped $4.18 to $43 after a transfer of 630 units, Portland JSX popped 50 cents to $10 in switching ownership of 144 shares. Proven Investments dipped 36 cents in closing at $22.35 with shareholders swapping 4,445 stock units, Radio Jamaica fell 16 cents to a 52 weeks’ low of $1.38 after an exchange of 45,658 shares, Sagicor Group gained $1.01 and ended at $45.09, with 58,600 stocks crossing the market. Scotia Group rose $1 to end at $34 after an exchange of 7,749 shares, Seprod popped $1.99 to end at $69 in an exchange of 1,343 units, Supreme Ventures lost 39 cents to close at $27.11 in an exchange of 36,633 stocks and Sygnus Credit Investments dropped 68 cents and ended at $11.32, with 30,018 shares changing hands.
In the preference segment, Jamaica Public Service 7% climbed 75 cents in closing at $56, with 6,058 units clearing the market, Productive Business Solutions 10.5% preference share increased by $2 to $1002 after trading 200 stock units and Productive Business Solutions 9.75% preference share shed $8 to close at $92 while exchanging three stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picks up on JSE Main Market

Trading activity climbed on the Jamaica Stock Exchange Main Market ended on Friday, with an 86 percent rise in the volume of stocks traded as the value rose moderately compared to trading on Thursday, which resulted in 55 securities trading similar to Thursday and ended with 11 rising, 21 declining and 23 ending unchanged.
The All Jamaican Composite Index rose 129.65 points to end at 353,437.71, the JSE Main Index dropped 684.90 points to close at 320,070.80 and the JSE Financial Index popped 0.16 points to end trading at 70.48.
Investor’s Choice bid-offer indicator closed positively with 14 stocks ending with bids higher than their last selling prices and only two with lower offers, an indication that the market seems set to open higher on Monday.
A total of 10,256,198 shares were traded for $39,416,576 up from just 5,505,100 units at $37,890,404 on Thursday.
Trading averaged 186,476 shares at $716,665 compared with 100,093 shares at $688,916 on Thursday with a month to date average of 404,148 units at $1,824,055, compared to 423,304 stock units at $1,921,505 on the previous day. July closed with an average of 283,368 units at $2,135,482.
Wigton Windfarm led trading with 3.51 million shares for 34.2 percent of total volume, followed by Stanley Motta with 2.80 million units for 27.3 percent of trading and Transjamaican Highway with 1.45 million units for 14.1 percent of market share.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.6 for the Main Market. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2024.
At the close, Barita Investments fell 97 cents and ended at $74.01 with a transfer of 20,256 shares,  Caribbean Producers lost 30 cents in closing at $10 with investors transferring 71,971 units, Carreras advanced 33 cents to close at $8.48 in an exchange of 672,556 stock units. Eppley Caribbean Property Fund dipped $5.94 to $36 after exchanging 500 stocks, First Rock Real Estate rose 70 cents to  $8.80 as investors traded 22,920 stocks, GraceKennedy fell $1 to close at $76 while exchanging 9,262 units. Guardian Holdings shed $18.25 to $421.50 after 51 stock units were traded, Kingston Wharves dropped $2.89 in closing at a 52 weeks’ low of $26.01 with an exchange of 6,154 shares, Massy Holdings popped 75 cents to end at $101 with stakeholders exchanging 5,500 stock units. Mayberry Investments climbed 64 cents to $8.64 in switching ownership of 14,745 shares, NCB Financial rose 60 cents to close at $73 after an exchange of 28,933 stocks, Stanley Motta fell 48 cents to end at $4.52 in an exchange of 2,800,110 units and Supreme Ventures declined 50 cents to $27.50 with 34,040 units clearing the market.
In the preference segment, Eppley 7.25% preference share increased 50 cents in closing at $18.50, following trading in 300 stocks, JMMB Group 7.25% preference share traded 9,271 units and slipped 5 cents to close at a 52 weeks’ low of $1.45 and Productive Business Solutions 10.5 % preference share dived $100 and ended at $1000, with 150 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 34 percent, valued 79 percent more than on Thursday, resulting in nine securities traded, compared to eight on Thursday, with four rising, one declining and four ending unchanged.
A total of 595,775 shares were traded for US$31,180 compared to 445,494 units at US$17,444 on Thursday.
Trading averaged 66,197 units at US$3,464 compared to 55,687 shares at US$2,181 on Thursday, with a month to date average of 55,856 shares at US$3,718 versus 54,761 units at US$3,744 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index rosey 9.95 points to conclude trading at 246.53.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents in an exchange of 25,500 shares, Margaritaville rose 0.34 of a cent in closing at 11.34 US cents while exchanging 5,563 stock units, Productive Business Solutions increased 10 cents and ended at US$1.80 as investors traded a mere three stocks. Proven Investments ended at 14.8 US cents after a transfer of 9,980 units, Sterling Investments ended at 1.8 US cents with a transfer of 553 units, Sygnus Credit Investments popped 0.5 of a cent to 8.5 US cents with 45,690 shares clearing the market, Sygnus Real Estate Finance USD share dipped 0.01 of a cent to end at 9.99 US cents after 99 stocks crossed the market and Transjamaican Highway popped 0.04 of a cent to close at 1.75 US cents, with 507,156 stocks crossing the exchange.
In the preference segment, Productive Business Solutions 9.25% preference share ended at US$12.30 with an exchange of 1,231 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main Market trading plunges

Trading activity on the Jamaica Stock Exchange Main Market plunged on Thursday, with the volume of stocks traded dropping 80 percent and the value 68 percent lower than on Wednesday, with trading in 55 securities compared with 52 on Wednesday, with 21 rising, 21 falling and 13 ending unchanged.
A total of 5,505,100 shares were exchanged for $37,890,404 versus 27,243,669 units at $116,951,925 on Wednesday.
Trading averaged 100,093 shares at $688,916 compared to 523,917 units at $2,249,075 on Wednesday, while trading month to date averages 423,304 shares at $1,921,505 versus 454,491 units at $2,040,439 on the previous day. Trading in July ended with an average of 283,368 units at $2,135,482.
Transjamaican Highway led trading with 2.63 million shares for 47.9 percent of the volume, followed by Wigton Windfarm with 549,264 units for 10 percent of the day’s trade and JMMB Group 7.35% – 2028 with 511,801 units for 9.3 percent market share.
The All Jamaican Composite Index lost 757.11 points to close at 353,308.06, the JSE Main Index fell 457.71 points to 320,755.70 and the JSE Financial Index lost 0.20 points to undefined 70.32.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments popped 98 cents in closing at $74.98 with 86,364 shares being traded, Berger Paints fell 50 cents to close at $7.05 with shareholders swapping 200 stock units, Caribbean Cement increased 50 cents to $52 after trading 8,861 units. First Rock Real Estate lost 70 cents to end at $8.10, with 2,010 stocks crossing the market, Guardian Holdings climbed $1.75 and ended at $439.75, with 102 stocks passed through the market, Jamaica Producers declined 90 cents to $19.20 with a transfer of 5,492 shares. JMMB Group gained 76 cents and ended at $27.91, changing hands 27,686 units, Key Insurance dipped 40 cents to end at $2.56 after exchanging 330 stock units, Kingston Properties shed 44 cents in closing at $6.95 as investors traded 14,986 stocks. Kingston Wharves rallied 40 cents to close at $28.90, with 3,673 stock units crossing the market, Massy Holdings dropped 75 cents and ended at $100.25, with 4,035 units clearing the market, Mayberry Investments declined 65 cents to close at $8 after a transfer of 19,470 shares. MPC Caribbean Clean Energy advanced $12.33 in closing at $81.99 with investors trading 1,000 stocks, NCB Financial rose 65 cents to end at $72.40 after 104,630 stocks crossed the exchange, 138 Student Living increased 40 cents to $4.65 in trading 50,330 units, Proven Investments gained 50 cents in closing at $23 in an exchange of 2,211 shares, Pulse Investments advanced 55 cents and ended at $2.66 after traders swapped 132,000 stock units, Scotia Group lost $1 to end at $33 in switching ownership of 53,613 stocks. Seprod shed $1.99 to close at $67.01 with an exchange of 10,929 units and Supreme Ventures dropped $1 to $28 with investors transferring 33,173 shares.
In the preference segment, Jamaica Public Service 7% fell $9.75 to $55.25 while exchanging five stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps, prices drop on JSE Main Market

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 116 percent and the value 190 percent more than on Tuesday, following trading in 52 securities compared with 56 on Tuesday and ended with declining stocks outpacing those rising and finished with 15 rising, 25 falling and 12 ending unchanged.
A total of 27,243,669 shares were traded for $116,951,925 compared to 12,623,404 units at $40,299,945 on Tuesday.
Trading averaged 523,917 shares at $2,249,075, up from 225,418 shares at $719,642 on Tuesday and month to date, an average of 454,491 units at $2,040,439, compared to 447,521 units at $2,019,495 on the previous day. July closed with an average of 283,368 units at $2,135,482.
Sterling Investments led trading with 13.34 million shares for 49 percent of the total volume, followed by Stanley Motta with 6.13 million units for 22.5 percent of trading, Wigton Windfarm ended with 2.99 million units for 11 percent market share, Sagicor Select Financial Fund filled in with 1.62 million units for 6 percent shares traded and Transjamaican Highway with 1.22 million units for 4.5 percent of total volume.
The All Jamaican Composite Index advanced 228.12 points to end at 354,065.17, the JSE Main Index dipped 192.39 points to 321,213.41 and the JSE Financial Index shed 0.33 points to 70.52.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.9 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments fell 80 cents to close at $74 with 48,522 shares clearing the market, Caribbean Cement gained $1.39 in closing at $51.50 after an exchange of 6,854 stocks, GraceKennedy shed 30 cents to $77 in trading 72,944 units, Guardian Holdings declined $1.75 and ended at $438 with an exchange of 5 stock units. Jamaica Producers popped 90 cents to end at $20.10, with 3,730 shares crossing the market, JMMB Group dropped 76 cents and ended at $27.15, with shareholders swapping 3,587 stocks, Kingston Wharves dipped 40 cents in closing at $28.50, with 314 stock units changing hands. Massy Holdings rallied 75 cents to end at $101, with investors transferring 45,101 units, Mayberry Investments climbed 53 cents to $8.65, with 878 shares crossing the exchange, NCB Financial rose 75 cents to $71.75 after investors traded 23,986 stock units. 138 Student Living lost 39 cents and ended at $4.25 after a transfer of 282 units, Pan Jamaica traded 8,554 shares and rose 9 cents to close at $47.29, but only after hitting an intraday 52 weeks’ low of $40.01, Proven Investments lost 50 cents to close at $22.50 with a transfer of 190 stocks. Pulse Investments shed 71 cents to end at $2.11 while exchanging 24,170 units, Radio Jamaica gained 1 cent to close at $1.54 after hitting an intraday low of $1.40 in trading 101,142 shares, Seprod dipped 92 cents to close at $69 with stakeholders trading 7,423 stocks. Stanley Motta advanced 31 cents to $5 in an exchange of 6,134,145 shares. Sygnus Credit Investments increased 58 cents to end at $12.05 in switching ownership of 10,712 stock units and Wisynco Group climbed 85 cents to $17.75 in an exchange of 80,898 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands jumping 293 percent, with a 185 percent greater value than on Monday, resulting in nine securities being traded, compared to seven on Monday, with one rising, two declining and six ending unchanged.
Overall, 610,587 shares were traded for US$16,053 compared with 155,440 units at US$5,637 on Monday.
Trading averaged 67,843 units at US$1,784 versus  22,206 shares at US$805 on Monday, with a month to date average of 46,739 units at US$2,543 compared with 43,771 units at US$2,650 on the previous day. July ended with an average of 95,306 units for US$2,965.
The US Denominated Equities Index fell 4.12 points to 240.44.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ending with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents, with 545 shares crossing the market, Productive Business Solutions ended at US$1.80 after traders exchanged 6 units, Proven Investments ended at 14.8 US cents, with 1,076 stocks changing hands, Sterling Investments lost 0.18 of a cent in closing at 1.8 US cents as investors exchanged 109 stock units. Sygnus Credit Investments shed 1.5 cents in closing at 8 US cents with shareholders swapping 61,993 shares, Sygnus Real Estate Finance USD share ended at 10 US cents after switching ownership of 10 units and Transjamaican Highway gained 0.09 of a cent to close at 1.69 US cents in an exchange of 546,676 stocks.
In the preference segment, JMMB Group 5.75% closed at US$1.95 with an exchange of 52 stock units and Productive Business Solutions 9.25% preference share ended at US$12.50 while exchanging 120 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for JSE Main Market

The Jamaica Stock Exchange Main Market slipped at the end of trading on Tuesday, with the volume of stocks traded rising 16 percent and the value plunging 56 percent compared to that on Monday, resulting in trading in 56 securities compared with 61 on Monday, with prices of 19 rising, 20 declining and 17 ending unchanged.
A total of 12,623,404 shares were traded for $40,299,945 compared with 10,928,473 units at $91,325,752 on Monday.
Trading averaged 225,418 shares at $719,642 versus 179,155 shares at $1,497,143 on Monday and month to date, an average of 447,521 units at $2,019,495, compared with 474,443 units at $2,177,053 on the previous day. July closed with an average of 283,368 units at $2,135,482.
Wigton Windfarm led trading with 5.55 million shares for 44 percent of stocks traded, Transjamaican was next with 5.14 million units for 40.7 percent of the day’s trade and Carreras with 339,919 units for 2.7 percent market share.
The All Jamaican Composite Index dropped 612.08 points to 353,837.05, the JSE Main Index lost 846.13 points to finish at 321,405.80 and the JSE Financial Index inched 0.03 points higher to 70.85.
The PE Ratio, a formula used to compute appropriate stock values, averages 13 for the Main Market. The JSE Main and USD Market PE ratios are calculated based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments rose 50 cents and ended at $74.80 after 33,834 shares passed through the market, GraceKennedy rallied 80 cents to close at $77.30 in an exchange of 14,006 units, Jamaica Producers fell 80 cents to end at $19.20 after investors traded 10,785 stock units. Jamaica Stock Exchange popped 84 cents in closing at $10.79 with stakeholders exchanging 20,578 stocks, JMMB Group advanced 40 cents to $27.91, with 42,495 shares crossing the exchange, Margaritaville lost $2.47 to $14.03 while exchanging 250 stock units. Massy Holdings dipped 95 cents in closing at $100.25 in switching ownership of 716 stocks, MPC Caribbean Clean Energy dropped $12.29 and ended at $69.66 in trading 50 units, NCB Financial rallied $1 to end at $71 in an exchange of 94,546 stock units. Pan Jamaica gained $2.19 to close at $47.20 after an exchange of 120 units, Pulse Investments climbed 32 cents to $2.82 and closed with 173,001 stocks clearing the exchange. Sagicor Group shed 89 cents and ended at $44.10 after an exchange of 6,438 shares, Seprod popped 62 cents to close at $69.92 with an exchange of 3,366 stock units, Sygnus Credit Investments declined 53 cents in closing at $11.47 with investors transferring 20,526 units and Wisynco Group dropped 75 cents to end at $16.90 after a transfer of 27,934 stocks
In the preference segment, Jamaica Public Service 7% climbed $15 to end at $65, with 50 shares crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.