Trading activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 52 percent, with a 6 percent lower value than on Thursday, after trading in 62 securities compared to 55 on Thursday, with 22 rising, 28 declining and 12 ending unchanged.
A total of 5,006,796 shares were traded for $37,626,082, compared to 10,510,147 units at $39,934,059 on Thursday.
Trading averaged 80,755 shares at $606,872 versus 191,094 shares at $726,074 on Thursday and month to date, an average of 196,767 units at $889,124, compared with 228,878 units at $967,247 on the previous trading day. March had an average of 356,137 units at $3,015,416.
Wigton Windfarm led trading with 1.32 million shares for 26.4 percent of total volume, followed by Sagicor Select Financial Fund with 1.14 million units for 22.7 percent of the day’s trade and Transjamaican Highway with 740,233 units for 14.8 percent market share.
At the close, the All Jamaican Composite Index shed 1,204.07 points to end at 369,311.56, the JSE Main Index dropped 195.10 points to 331,197.91 and the JSE Financial Index fell 0.14 points to conclude trading at 76.33.
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 incorporate earnings forecasts by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments rose $1.75 to $81 in an exchange of 26,109 shares after the price hit an intraday 52 weeks’ low of $77.05. Caribbean Cement rallied 50 cents to $59.50 with investors trading 9,116 units, First Rock Real Estate fell 85 cents to end at $11 with a transfer of 4,490 stock units, Guardian Holdings dropped $10 in closing at $485 while exchanging 245 stocks, Jamaica Producers popped 95 cents to $21.95 after trading 5,617 stocks. Kingston Properties shed 67 cents in closing at $6.40 as investors exchanged 22,951 units. Kingston Wharves dipped 60 cents to end at $30.55, with investors trading 5,849 stock units, Margaritaville gained $2.04 to close at $18.50 in trading 103 shares.
Massy Holdings climbed $1 after ending at $91 with the swapping of 804 shares, Mayberry Investments increased 40 cents to $8 with an exchange of 10,000 units, NCB Financial lost $3.47 after ending at $71.01 as 20,912 stock units passed through the market, Salada Foods advanced 46 cents in closing at $3.99 in an exchange of 1,152 stocks. Scotia Group increased 73 cents to end at $35 after an exchange of 14,909 shares, Seprod declined $4.40 to $63.60, with 16,383 stock units clearing the market, Supreme Ventures advanced 50 cents to close at $27 in switching ownership of 244,880 units. Sygnus Credit Investments lost 40 cents to close at $11.60 as 36,446 stocks cleared the market and Sygnus Real Estate Finance dropped $1.97 in closing at $11.16 after 1,087 shares crossed the market.
In the preference segment, Eppley 5% crossing the market preference share, fell $2.90 to $19.10 t 25 units and Jamaica Public Service 7%, with 172 stock units dipping $8.17 after ending at $61.53 changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Overall, 299,535 shares were traded for US$25,772 compared with 694,591 units at US$29,863 on Thursday.
Proven Investments shed 2.5 cents in closing at 16.5 US cents with 132,027 stock units clearing the market, Sterling Investments fell 0.12 of a cent to 1.87 US cents after 11,563 stocks crossed the market, Sygnus Credit Investments declined 0.04 of a cent after ending at 9.4 US cents and trading 3,131 stocks and Transjamaican Highway dipped 0.01 of a cent to 1 US cent after a transfer of 150,000 shares.
A total of 10,510,147 shares were traded for $39,934,059 compared to 12,992,157 units at $42,746,105 on Wednesday.
The PE Ratio, a formula used to compute 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 2022 and August 2023.
Wharves advanced 61 cents to $31.15 w ith investors exchanging 150,000 units, Mayberry Investments declined 40 cents to close at $7.60 in switching ownership of 17,378 stocks, Proven Investments fell 60 cents in closing at $26 after 4,792 shares crossed the market, Sagicor Group increased by $1 after in ending at $48, with 10,735 stocks crossing the market, Seprod popped 99 cents to end at $68 after trading 27,037 units, Sterling Investments advanced 42 cents to $2.96 as 88,527 shares passed through the market, Supreme Ventures dipped 50 cents to close at $26.50 in trading 107,575 stock units, Sygnus Credit Investments increased 40 cents in closing at $12 after an exchange of 10,840 stock units and Sygnus Real Estate Finance rallied $1.50 to $13.13 after a transfer of 227 stocks.
In the preference segment, Jamaica Public Service 7% lost $14.30 to end at $69.70 after exchanging 87 units.
A total of 12,992,157 shares were traded for $42,746,105 compared to 9,556,783 units at $28,842,985 on Tuesday.
The All Jamaican Composite Index dropped 2,088.91 points to 369,166.27, the JSE Main Index shed 1,159.46 points to end at 330,217.61 and the JSE Financial Index popped 0.01 points to close at 76.30.
Guardian Holdings rose $5 to $495 in trading 198 units, Jamaica Broilers increased $1.50 to end at $36.50 after exchanging 17,292 stocks, Jamaica Stock Exchange declined 90 cents in closing at $13.05 in switching ownership of 2,448 shares. JMMB Group shed $2.79 after ending at $29 as investors exchanged 113,841 stocks, Key Insurance advanced 48 cents in closing at $3.48 after a transfer of 300 stock units, Kingston Wharves declined $3.46 to $30.54 and closing with 5,626 units being traded. Margaritaville climbed $1.49 to $16.46 after an exchange of 239 shares, Massy Holdings gained $1 to $90, with 5,741 units crossing the market, Mayberry Jamaican Equities shed 60 cents to close at $11.60 with an exchange of 11,691 stock units. NCB Financial rose $1.48 to end at $74.48 as 31,311 stocks passed through the market, Sagicor Group dipped 50 cents in closing at $47 in an exchange of 16,886 stock units, Seprod dropped $2.98 to close at $67.01 with the swapping of 1,602 stocks.
Sterling Investments fell 42 cents to $2.54 in an exchange of 57,819 shares, Sygnus Credit Investments fell 49 cents after ending at $11.60 with investors transferring 12,879 units, Sygnus Real Estate Finance popped $1.43 to end at $11.63, with 1,342 units clearing the market.
A total of 9,556,783 shares were traded for $28,842,985 compared to 18,209,479 units at $105,140,128 on Monday.
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 incorporate earnings forecasted by ICInsider.com for companies with the financial year ending between November 2022 and August 2023.
Guardian Holdings climbed $5 after ending at $490 as investors exchanged 19 stocks. Jamaica Broilers dipped $2.35 to end at $35, with 12,988 shares changing hands, Jamaica Producers dropped 80 cents to $21 with investors transferring 20,061 stock units, Kingston Wharves lost 49 cents to close at $34 with an exchange of 339 stocks. Massy Holdings popped $3.80 in closing at $89 after an exchange of 5,529 units, NCB Financial dropped $2 to $73 after 17,263 shares passed through the market, Pan Jamaica Group increased $3.94 to end at $55.94 after a transfer of 10,135 stock units. Sagicor Group fell $3.40 in closing at $47.50 in an exchange of 37,018 shares, Seprod rose $2.49 after ending at $69.99 with a transfer of 5,493 stock units and Supreme Ventures gained 90 cents to close at $26.90, with 15,373 stocks crossing the exchange.
In the preference segment, Eppley 5% preference share rose $2 in closing at $22 after 11 units crossed the market, Jamaica Public Service 7% dropped $30.99 to $98, with 46 units crossing the market, Jamaica Public Service 9.5% climbed $2 to end at $3000 after exchanging one stock unit and Productive Business Solutions 9.75% preference share increased $16.05 in ending at $107 while exchanging 28 stocks.
Overall, 303,705 shares were traded for US$18,904 compared with 929,408 units at US$15,231 on Monday.
Productive Business Solutions declined by 26.55 cents after ending at US$1.5345 with the swapping of 445 stocks, Proven Investments ended at 18 US cents while exchanging 87,301 units. Sterling Investments dipped 0.01 of a cent to 1.99 US cents in an exchange of 1,299 stock units and Transjamaican Highway shed 0.1 of a cent to 1 US cent, with 213,428 stocks crossing the exchange.
At the close of trading, after a 26 percent fall in the volume of stocks traded with an 82 percent lower value than on Friday, resulting from trading in 57 securities compared to 60 on Friday, with 13 rising, 29 declining and 15 ending unchanged and ended with the JSE Financial Index losing 2.65 points to close at 76.48.
The PE Ratio, a formula used to compute appropriate stock values, averages 13.8 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 2022 and August 2023.
Key Insurance shed 49 cents to end at $3 in trading 5,110 stocks, Margaritaville lost $2.64 to close at a 52 weeks’ low of $14.97 with 979 shares clearing the market, Massy Holdings dropped $3.75 to end at $85.20 after a transfer of 5,985 stock units. Mayberry Jamaican Equities fell 77 cents in closing at $12.23 while exchanging 40,327 stocks, Pan Jamaica Group, with an expanded portfolio of companies following the acquisition of companies that were part of Jamaica Producers, declined $2 to $52 with an exchange of 5,731 units, Proven Investments dipped 99 cents after ending at $26.50 with investors transferring 22,769 stock units. Sagicor Group dropped $2.10 in closing at $50.90, with 373,953 shares crossing the market, Scotia Group declined 98 cents to close at $34 in trading 12,149 stocks, Seprod dipped $10 to $67.50 as investors exchanged 1,928 units. Stanley Motta lost $1 after ending at $5 after 25,109 stock units passed through the market, Supreme Ventures shed $4.50 to end at $26 with the swapping of 1,094,398 shares and Sygnus Real Estate Finance gained 70 cents to close at $10, with 20,009 stocks changing hands.
In the preference segment, Productive Business 10.50% preference share fell $8 to end at $1250 in an exchange of two stock units and Jamaica Public Service 7% shed $35.11 to $128.99 with a transfer of 434 shares.
A total of 24,564,536 shares were traded for $579,763,758, compared with 13,390,755 units at $105,351,603 on Thursday.
The PE Ratio, a formula used to compute appropriate stock values, averages 14.2 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 2022 and August 2023.
Kingston Wharves advanced 49 cents to $34.49, with 21,599 units crossing the market, Mayberry Investments shed 40 cents to end at $8 in an exchange of 10,912 stocks, Mayberry Jamaican Equities rose 50 cents to $13, with investors exchanging 777,262 stock units. NCB Financial rallied 50 cents to $75, with 2,429,581 shares crossing the exchange, Proven Investments popped 49 cents to end at $27.49 in an exchange of 2,131 stock units, Radio Jamaica rallied 51 cents to close at $2.26 as investors exchanged 1,084,937 stocks. Sagicor Group gained $3 to $53 with 975,343 shares clearing the market, Scotia Group increased 98 cents after ending at $34.98 with the swapping of 19,486 units, Seprod advanced $7.50 to $77.50 while 73,607 stock units passed through the market. Stanley Motta popped 66 cents to end at $6 with a transfer of 1,282,680 units, Supreme Ventures dropped 50 cents to close at $30.50 after an exchange of 4,249,866 shares, Sygnus Real Estate Finance dropped 66 cents to $9.30 with 508 stocks changing hands and Wisynco Group rose 40 cents after ending at $17.40 and 82,849 shares crossed through the market.
In the preference segment, Productive Business 10.50% preference share rallied $58 to end at $1258 in an exchange of 6 units, Jamaica Public Service 7% fell $55.90 in closing at $164.10, with 58 stocks clearing the market and Jamaica Public Service 9.5% gained $98 after ending at $2998 as investors exchanged 6 stock units.
A total of 13,390,755 shares were traded for $105,410,403 compared to 60,107,710 units at $290,707,932 on Wednesday.
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 incorporate ICInsider.com’s earnings forecasts for companies with the financial year ending between November 2022 and August 2023.
Kingston Wharves advanced $1.10 in closing at $34 with an exchange of 22,177 stock units. Massy Holdings increased $8.11 to end at $89.11 in trading 1,002 stocks, NCB Financial shed 48 cents to $74.50, with 10,681 units crossing the market, Proven Investments gained 50 cents to end at $27 and closed with 3,803 shares changing hands. Sagicor Group advanced $3 after ending at $50 in trading 109,283 stocks, Scotia Group dropped 94 cents in closing at $34, with 124,974 shares changing hands, Seprod popped $3 to close at $70 while exchanging 24,463 units. Supreme Ventures rose $3.18 to end at $31 as 1,148,754 stock units passed through the market and Sygnus Real Estate Finance climbed 66 cents in closing at $9.96 in an exchange of 465 stocks.
In the preference segment, Jamaica Public Service 7% fell $43.39 in ending at $220, with 26 shares crossing the market, Jamaica Public Service 9.5% declined $98 to $2900 with a transfer of 2 stock units and Productive Business Solutions 9.75% preference share dropped $16.05 to close at $90.95 in an exchange of 62 units.
A total of 60,107,710 shares were traded for $290,707,932, up from 17,081,333 units at $87,212,275 on Tuesday.
The All Jamaican Composite Index surged 3,756.40 points to 368,992.59, the JSE Main Index popped 976.04 points to finish at 326,722.53 and the JSE Financial Index rallied 0.68 points to 76.15.
GraceKennedy dipped $2.50 in ending at $80 as 270,948 units passed through the market, Guardian Holdings dropped $4 to close at $490 in an exchange of 25 units, JMMB Group gained 45 cents to close at $30 after trading 88,644 shares. Massy Holdings declined $8 to end at $81 after trading 500,481 stock units, Mayberry Jamaican Equities increased $1 in closing at $12.50 with the swapping of 7,309 stocks, NCB Financial popped 98 cents to close at $74.98 after exchanging 11,726 stock units. Proven Investments rallied 50 cents after ending at $26.50 with investors transferring 1,144 stocks, Seprod shed $2.88 after finishing at $67 with a transfer of 21,165 shares, Stanley Motta rose 54 cents to $5.34, with 190,246 units changing hands. Supreme Ventures advanced 82 cents to end at $27.82, with 1,194,866 stocks crossing the market,
Sygnus Real Estate Finance declined 67 cents to close at $9.30, with 1,600 stock units clearing the market and Wisynco Group climbed 40 cents to $16.70 while exchanging 206,419 shares.