Trading dropped sharply on the Jamaica Stock Exchange Main Market on Wednesday, compared to Tuesday, with a 77 percent fall volume of stocks traded and an 87 percent drop in value following trading in 56 securities compared with 58, with prices of 17 rising, 26 declining and 13 ending unchanged.
A total of 17,334,420 shares were traded for $83,845,979 compared to 76,180,578 units at $630,021,406 on Tuesday.
Trading averaged 309,543 shares at $1,497,250 compared with 1,313,458 shares at $10,862,438 on Tuesday and month to date, an average of 606,480 units at $4,976,885, versus 752,344 units at $6,686,180 on the previous day. Trading in June closed with an average of 366,795 units at $6,952,581, including Bonds trading.
Ciboney Group led trading with 6.43 million shares for 37.1 percent of total volume, followed by Sagicor Select Financial Fund with 2.75 million units for 15.9 percent of the day’s trade, Transjamaican Highway ended with 2.58 million units for 14.9 percent of market share, Wigton Windfarm chipped in with 2.41 million units for 13.9 percent share and Carreras with 1.13 million units for 6.5 percent of total volume.
The All Jamaican Composite Index lost 1,461.79 points to finish at 364,684.10, the JSE Main Index fell 487.98 points to close at 328,377.50 and the JSE Financial Indexslipped 0.53 points to close at 71.93.
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 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Producers popped 90 cents in closing at $10.95 after an exchange of 35,426 shares, Eppley dropped $1.90 to $34 with shareholders swapping 1,471 units, First Rock Real Estate dipped 98 cents to end at $9.02 with stakeholders exchanging 40,939 stock units, Guardian Holdings fell $40.49 to close at $412.01 after an exchange of 259 stocks. Jamaica Broilers rallied $1.14 to $36.95 with a transfer of 27,974 stocks, Jamaica Stock Exchange shed $1.29 to $10.21 in trading 138,185 stock units, Kingston Wharves increased $1.90 in closing at $29.90 after 876 units crossed the market, Margaritaville lost $2.75 and ended at $15.30 after 1,105 shares passed through the exchange. Mayberry Investments rose 50 cents to end at $9 while exchanging 1,606 shares, NCB Financial advanced 45 cents to close at $65.50 in switching ownership of 121,185 stock units after the price hit an intraday 52 weeks’ low of $60, Pan Jamaica declined $2.01 and ended at $50.99, with 507,508 stocks crossing the exchange, Proven Investments declined $1 to end at $24.06 with 1,206 units crossing the market. Sagicor Group dipped $1 to close at $48 after a transfer of 38,194 stocks, Seprod shed $5.30 to $70.01 in an exchange of 2,630 stock units, Sygnus Real Estate Finance rose $1.22 in closing at $12 with 816 shares clearing the market.
In the preference segment, Eppley 5% preference share gained $2.87 and ended at $20 in an exchange of 100 units, Eppley 7.50% preference share rallied 61 cents to end at $6.70, after trading 868 units and Jamaica Public Service 7% advanced $6.12 to $55 and closed with an exchange of 1,488 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading activity on the Jamaica Stock Exchange Main Market ended on Tuesday with a big surge in the volume of stocks traded over that on Monday, with a 695 percent jump in volume and a 377 percent jump in the value after trading in 58 securities compared with 56 on Monday, with 18 rising, 27 declining and 13 ending unchanged.
A total of 76,180,578 shares were traded for $630,021,406 in contrast with 9,586,592 units at $132,203,147 on Monday.
Trading averaged 1,313,458 shares at $10,862,438 compared to 171,189 shares at $2,360,770 on Monday and month to date, an average of 752,344 units at $6,686,180. Trading in June closed with an average of 366,795 units at $6,952,581 including trading in Bonds.
JMMB Group 7.25% preference share – 2024, led trading with 50.25 million shares for 66 percent of total volume, Eppley Caribbean Property Fund followed with 8.35 million units for 11 percent of the day’s trade, Transjamaican Highway chipped in with 3.20 million units for 4.2 percent market share, Kingston Wharves ended with 2.75 million units for 3.6 percent of shares traded, Ciboney Group had 2.39 million units trading for 3.1 percent of the market s and Jamaica Stock Exchange with 2.22 million units for 2.9 percent of total volume.
The All Jamaican Composite Index shed 659.59 points to close at 366,145.89, the JSE Main Index fell 272.83 points to end trading at 328,865.48 and the JSE Financial Index popped 0.57 points to 72.46.
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 forecasted by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Cement fell $1.04 to close at $57.96 with a transfer of 14,586 shares, Caribbean Producers dipped 75 cents in closing at $10.05 in an exchange of 13,592 stock units, Ciboney Group rose 38 cents and ended at a 52 weeks’ high of $1.56, with 2,393,664 stocks crossing the market, Eppley Caribbean Property Fund dropped $4 to end at $39 as investors exchanged 8,348,944 units. First Rock Real Estate rallied 93 cents to $10, with 154,732 stocks crossing the exchange, Guardian Holdings surged $32.50 to $452.50 with 131 stock units passing through the market, Jamaica Stock Exchange lost 60 cents to end at $11.50 in an exchange of 2,215,100 shares, JMMB Group climbed 47 cents and ended at $32.47, with 8,676 units changing hands. Kingston Wharves shed $2 in closing at $28 with shareholders swapping 2,745,588 units, Massy Holdings popped $2 to close at $101 with an exchange of 2,700 stock units, Mayberry Jamaican Equities advanced 40 cents in closing at $11.70 after stakeholders traded 3,598 stocks. MPC Caribbean Clean Energy declined 98 cents to close at $60.02 after 667 shares were traded, NCB Financial lost 90 cents and ended at a 52 weeks’ low of $65.05 with 301,043 units clearing the market, Proven Investments rallied $2.03 to end at $25.06 after 10 stock units were traded. Sagicor Group gained $1 to end at $49 after a transfer of 7,962 shares, Seprod declined $2.91 in closing at $75.31 in switching ownership of 9,729 stocks and Supreme Ventures shed 45 cents to end at $29 as 12,335 shares passed through the market.
In the preference segment, Eppley 7.50% preference share dipped $1.08 and ended at $6.09 in trading 20,000 units, Jamaica Public Service 7% dropped $8.62 to close at $48.88 after an exchange of 100 stocks, Jamaica Public Service 9.5% fell $22 to end at $2978 while exchanging just one stock unit. 138 Student Living preference share rose $17 to end at $105 after exchanging 193 shares and Productive Business Solutions 9.75% preference share rallied $12.90 to $103 with investors transferring 3 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The Jamaica Stock Exchange Main Market suffered its first decline in four days as it started out the new month on a negative footing on Monday, with the volume of stocks traded declining 62 percent and the value 47 percent lower than on Friday and leading to trading in 56 securities compared with 55 on Friday and ended, with 19 rising, 24 declining and 13 ending unchanged.
A total of 9,586,592 shares were traded for $132,203,147 down from 25,472,457 units at $247,227,632 on Friday.
Trading averaged 171,189 shares at $2,360,770 compared with 463,136 stock units at $4,495,048 on Friday. June closed with an average of 366,795 stock units at $6,952,581, including trading in the Corporate Bond section.
Transjamaican Highway led trading with 3.97 million shares with 41.4 percent of total volume, followed by Eppley Caribbean Property Fund with 1.22 million stock units for 12.8 percent of the day’s trade and Wigton Windfarm with 983,613 units for 10.3 percent market share.
The All Jamaican Composite Index dived 3,768.45 points to 366,805.48, the JSE Main Index dropped 2,896.62 points to 329,138.31 and the JSE Financial Index fell 1.06 points to settle at 71.89.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.6 for the Main Market. The JSE Main and USD Market PE ratios are 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 two with lower offers.
At the close, Barita Investments rose 91 cents in closing at $75 after an exchange of 53,075 shares, Caribbean Cement climbed $1 to $59, with 1,505 units changing hands, Eppley Caribbean Property Fund rallied $1.05 to close at $43 after 1,223,210 stocks passed through the market, First Rock Real Estate dropped $1.19 and ended at a 52 weeks’ low of $9.07 in trading 22,157 stock units. GraceKennedy dipped $1 to $78 with stakeholders exchanging 179,610 shares, Jamaica Broilers climbed $1 in closing at $36, with an exchange of 15,933 stock units, Jamaica Stock Exchange popped 57 cents and ended at $12.10, with 19,890 stocks crossing the market, JMMB Group declined $1 to end at $32 in switching ownership of 22,750 units. Mayberry Investments lost 58 cents to close at $8.50 after an exchange of 1,391 shares, NCB Financial traded 319,722 shares and lost 5 cents in closing at a 52 weeks’ low of $65.95, Pan Jamaica fell 89 cents to close at $53 as investors traded 67,386 units. Proven Investments shed $2.77 to end at $23.03 after an exchange of 2,213 stock units, Sagicor Group declined $1 to close at $48 with a transfer of 68,657 stocks, Scotia Group increased 50 cents to $34.50, with 25,150 units crossing the market. Seprod gained $1.22 to end at $78.22 while investors traded 30,940 shares, Supreme Ventures fell $1.55 to $29.45 with a transfer of 265,619 stocks, Sygnus Credit Investments rallied 32 cents to close at $12.98 after 45,666 stock units crossed the exchange and Sygnus Real Estate Finance dipped $1.15 to $11 trading 1,100 shares.
In the preference segment, Jamaica Public Service 7% shed $9.50 and ended at $57.50 in an exchange of 224 stock units, JMMB Group 7% preference share fell 38 cents to $2 with 657 units changing hands and 138 Student Living preference share advanced $3 in closing at $88 with shareholders swapping 18 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks rose at the close of trading activity on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 14 percent and the value 20 percent more than on Thursday, after trading took place in 55 securities trading compared with 53 on Thursday, with 24 rising, 19 declining and 12 ending unchanged as the All Jamaican Composite Index added a few points for June but the JSE Main Index suffered 4,500 points loss.
A total of 25,472,457 shares were traded for $247,227,632 compared to 22,306,090 units at $206,410,617 on Thursday.
Trading averaged 463,136 shares at $4,495,048 compared with 420,870 shares at $3,894,540 on Thursday and month to date, an average of 366,795 units at $5,403,360 versus 362,312 units at $5,445,625 on the previous day. Trading in May closed with an average of 226,361 units at $1,362,447.
Wigton Windfarm led trading with 9.11 million shares for 35.8 percent of total volume followed by Supreme Ventures with 4.42 million units for 17.3 percent of the day’s trade, Radio Jamaica chipped in with 4.08 million units for 16 percent market share and Transjamaican Highway with 2.25 million units for 8.8 percent of total volume.
The All Jamaican Composite Index jumped 2,559.69 points to 370,573.93, the JSE Main Index climbed 1,645.95 points to settle at 332,034.93 and the JSE Financial Index popped 0.03 points to close at 72.95.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.7 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 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and 11 with lower offers.
At the close, Caribbean Cement fell $2.18 to $58 with shareholders swapping 32,347 shares, Eppley dropped 60 cents in closing at $35.90 in switching ownership of 583 units, First Rock Real Estate popped 61 cents to close at $10.26 while investors were exchanging 305 stocks, GraceKennedy rose $1 to end at $79 after 5,286 stock units changed hands, Jamaica Broilers lost $2.69 and ended at $35 as 286,206 units passed through the market, Jamaica Producers declined 30 cents and closed at $20.20, with trading in 20,000 shares, JMMB Group climbed $3.05 to $33 in an exchange of 270,782 stock units, Margaritaville rallied $3.45 to $18.05 in an exchange of 139 stocks, Pan Jamaica gained $4.77 to close at $53.89 after a transfer of 28,566 stocks, Proven Investments increased 80 cents to end at $25.80 with an exchange of 54,507 shares, Sagicor Group shed $1.50 in closing at $49 with 360,766 units clearing the market, Scotia Group dipped 74 cents to $34, with stakeholders exchanging 96,185 stock units, Seprod advanced $1.90 to $77 as investors exchanged 62,597 stocks, Supreme Ventures jumped $3.50 to end at $31 after 4,418,487 stock units crossed the exchange.
In the preference segment, Eppley 7.50% preference share gained 47 cents to close at $7.17 in trading 269 shares, Jamaica Public Service 7% advanced $9.50 to close at $67 with investors transferring 6 units and 138 Student Living preference share rallied $10.20 ended at $85 with trading in 1,072 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.