JSE Main Market falters to start the week

Stocks suffered losses in trading closed on the Jamaica Stock Exchange Main Market on Monday following a 39 percent decline in the volume passing through the exchange and the value 67 percent less than in trading on Friday and ended with trading in 57 securities up from 55 on Friday, resulting in prices of 20 rising, 22 declining and 15 unchanged.
A total of 5,884,158 shares were exchanged for $75,612,128, down from 9,589,463 units at $231,326,583 on Friday.
Trading averaged 103,231 shares at $1,326,529 compared with 174,354 shares at $4,205,938 on Friday and month to date, an average of 179,166 units at $2,201,830 compared to 183,732 units at $2,254,459 on the previous day. January closed with an average of 205,236 stock units at $1,805,558.
Wigton Windfarm led trading with 1.79 million shares for 30.4 percent of the volume traded,  Transjamaican Highway followed with 985,284 units for 16.7 percent of the day’s trade and Sagicor Select Financial Fund with 448,665 units for 7.6 percent market share. The All Jamaican Composite Index suffered a significant loss of 4,790.29 points to finish at 372,687.17, the JSE Main Index declined by a more moderate 2,606.82 points to 330,714.66 and the JSE Financial Index slipped 0.38 points to settle at 78.25.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14 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.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Eppley advanced $2.51 to $40 after trading 447 shares, First Rock Real Estate rose $1.55 to $11.65 with a transfer of 220,567 stock units, GraceKennedy fell $1.55 to $77.20 after exchanging 148,988 units. Guardian Holdings climbed $19.99 in closing at $519.99 as investors swapped just 18 stocks, Jamaica Broilers rallied $2 to $35 in trading 12,001 stocks, Jamaica Producers popped $1.03 to close at $22.28 with 22,572 stock units changing hands. Massy Holdings gained 90 cents to settle at $79.90 in switching ownership of 23,305 units, NCB Financial shed $1.05 to end at $76.95 in trading 4,205 shares, 138 Student Living popped 69 cents to $5.70 after exchanging 2,000 stock units. Palace Amusement rose $1.45 to $5.95 after 211 stocks passed through the market, following the 600 to 1 stock split taking effect on the market, Proven Investments declined $2 to $27 after a transfer of 26,749 units, Seprod dipped $3.98 to close at $62 after swapping of 371,770 shares and Sygnus Real Estate Finance fell 80 cents to $9.20 after trading 553 stock units.
In the preference segment, Productive Business 10.50% preference share climbed $50 to end at $1,200 with the swapping of 59 units,  JMMB Group 7% preference share lost 42 cents in closing at $2.39 in switching ownership of 93 shares and 138 Student Living preference share declined $11.55 to $65.45with 20 stocks clearing the market.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE Main Market

Trading activity picked up sharply on the Jamaica Stock Exchange Main Market on Friday with the volume of stocks traded rising 39 percent and the value  79 percent greater than on Thursday, with 55 securities trading up from 52 on Thursday, leading to prices of 21 rising, 19 declining and 15 ending unchanged.
A total of 9,589,463 shares were traded for $231,326,583 up from 6,903,600 units at $128,999,772 on Thursday.
Trading averaged 174,354 units at $4,205,938 versus 132,762 shares at $2,480,765 on Thursday and for the month to date, an average of 183,732 units at $2,254,461 compared with 184,309 units at $2,134,270 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Wigton Windfarm led trading with 3.38 million shares for 35.2 percent of total volume followed by Massy Holdings with 1.89 million units for 19.7 percent of the day’s trade and Jamaica Producers with 700,848 units for 7.3 percent market share.
The All Jamaican Composite Index rallied 3,396.57 points to 377,477.46, the JSE Main Market Index climbed 2,289.80 points to 333,321.48 and the JSE Financial Index advanced 0.23 points to 78.63.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.7 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.
Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments shed 79 cents in closing at $80.71 with an exchange of 6,755 shares, Berger Paints dipped 65 cents to $9.25 in transferring 1,685 stock units, Caribbean Cement popped $1.01 in ending at $61 with swapping of 9,990 units. Eppley Caribbean Property Fund climbed $9 to end at $46 after a mere three stocks passed through the market, First Rock Real Estate shed 90 cents to close at $10.10 after an exchange of 5,649 stock units, GraceKennedy rose $1.55 to $78.75 with a transfer of 37,607 shares. Jamaica Broilers declined $1.96 to close at $33 with investors trading 642,278 stocks, JMMB Group fell $1.87 in closing at $31 in an exchange of 450,035 units, MPC Caribbean Clean Energy rallied $7.01 to end at $69.01 with 200 stocks changing hands. Palace Amusement dropped $45 to  $2,655 with the swapping of 894 shares, ahead of a stock split to take effect at the start of trading on Monday, PanJam Investment lost 50 cents to close at $56.60 with 2,045 units changing hands, Scotia Group advanced $1.94 to $34.20 after trading 177,491 stock units. Seprod rose $3.98 in closing at $65.98 after 2,579 stocks passed through the market, Supreme Ventures shed 96 cents to close at $25.04 in switching ownership of 41,444 units and Wisynco Group gained 79 cents to end at $17.40 as investors traded 14,900 stock units.
In the preference segment, Eppley 5% preference share declined $3.33 in closing at $19.61 after a transfer of 96 shares, Eppley 7.25% preference share advanced $4 tot $22 in exchanging 48 stocks and Jamaica Public Service 7% rallied $2.26 to a record high of $17.26 with an exchange of 1,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading rises on JSE USD Market but prices slip

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks changing hands rising 1,962 percent and valued 206 percent higher than on Thursday and resulted in seven securities trading, compared to seven on Thursday with none rising, two declining and five ending unchanged.
Overall, 318,483 shares were traded for US$4,336 compared to 15,447 units at US$1,416 on Thursday.
Trading averaged 45,498 shares at US$619 compared with 2,207 stocks at US$202 on Thursday, with a month to date average of 42,593 shares at US$2,021 compared to 42,410 units at US$2,109 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.65 points to close at 248.71.
The PE Ratio, a measure used in computing appropriate stock values, averages  9.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than the last selling prices and four with lower offers.
At the close, Margaritaville remained at 12.5 US cents while trading 8,228 shares, MPC Caribbean Clean Energy ended at 58 US cents, with 400 units crossing the market, Proven Investments remained at 19 US cents with 15 stocks clearing the exchange. Sterling Investments lost 0.11 of a cent in ending at 1.89 US cents in an exchange of 5,400 stock units, Sygnus Real Estate Finance USD share dipped 0.1 of a cent in closing at 8.4 US cents with a transfer of 1,850 stock units and Transjamaican Highway ended at 0.94 of one US cent, with 302,588 units changing hands.
In the preference segment, Eppley 6% preference share remained at US$1.15 in switching ownership of 2 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading pulls back on JSE Main Market

The volume passing through the market declined sharply and pulled the value drastically down at the close of the Jamaica Stock Exchange Main Market on Thursday with a 66 percent fall in volume and 57 percent drop in value compared to Tuesday, after 52 securities changed hands compared to 56 on Tuesday, with prices of 22 rising, 20 declining and 10 unchanged.
A total of 6,903,600 shares were traded for $128,999,772 versus 20,246,503 units at $297,780,461 on Tuesday.
Trading averaged 132,762 units at $2,480,765 compared with 361,545 shares at $5,317,508 on Tuesday and month to date, an average of 184,309 units at $2,134,268 compared with 187,496 units at $2,112,843 on the previous trading day. January closed with an average of 205,236 units at $1,805,558.
Wigton Windfarm led trading with 1.86 million shares for 27 percent of total volume followed by JMMB Group 7.25% preference share due 2024 with 1.0 million units for 14.5 percent of the day’s trade and Massy Holdings with 509,158 units for 7.4 percent market share.
The All Jamaican Composite Index shed 1,325.39 points to end at 374,080.89, the JSE Main Index declined 1,395.74 points to 331,031.68 and the JSE Financial Index lost 0.93 points to close at 78.40.
The PE Ratio, a formula to compute appropriate stock values, averages 13.3 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.
Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments rallied 49 cents to end at $81.50 with 45,615 shares clearing the market, Caribbean Cement rose $1.99 to $59.99 after investors traded 110,271 stock units, Eppley dipped 41 cents to $37.49 with investors transferring 314 stocks. Eppley Caribbean Property Fund declined $9 to close at $37 with 6,980 units changing hands, First Rock Real Estate lost 50 cents in closing at $11 after 2,107 stock units crossed the market, Guardian Holdings dropped $15 to $500 after an exchange of 2,210 shares. Jamaica Broilers gained 96 cents to settle at a 52 weeks’ high of $34.96 trading 190,225 units, Jamaica Producers fell 60 cents to $21.25 as investors traded 13,071 stocks, JMMB Group popped $2.27 to $32.87 with the swapping of 463,131 units. Massy Holdings shed 99 cents to close at $79.01 after a transfer of 509,158 shares, Mayberry Investments fell 68 cents to close at $7.85 in switching ownership of 7,095 stocks, Mayberry Jamaican Equities rose $1.04 to $12.25 with an exchange of 45,299 stock units. NCB Financial gained 48 cents in ending at $77.98 as investors traded 12,014 units, Palace Amusement gained $1 to end at $2,700 after exchanging 1,098 shares, PanJam Investment rose 60 cents in closing at $57.10 with the swapping of 3,569 stock units. Proven Investments rose $1 to $29 in an exchange of 3,575 stocks, Sagicor Group shed $1 to $51.50 with a transfer of 15,067 stock units, Scotia Group dipped $1.74 in closing at $32.26 in trading 4,072 stocks. Seprod declined $3.98 to close at $62 with 499,056 shares changing hands and Wisynco Group shed 89 cents to end at $16.61 with 165,256 units crossing the market.
In the preference segment, Productive Business 10.50% preference share dropped $50 ending at $1,150 as investors exchanged 41 units. Jamaica Public Service 7% advanced $3 to a record high of $15 with a transfer of 2,000 stocks and 138 Student Living preference share rose $1 to close at $77 with the swapping of 163 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on JSE USD Market

Trading dropped on the Jamaica Stock Exchange US dollar market on Thursday, with the volume of stocks changing hands declining 85 percent, valued 91 percent lower than on Tuesday, resulting in seven securities traded, compared to five on Tuesday with three rising, two declining and two ending unchanged.
A total of 15,447 shares were traded for US$1,416, down from 106,437 units at US$16,273 on Tuesday.
Trading averaged 2,207 units at US$202 down from 21,287 shares at US$3,255 on Tuesday, with a month to date average of 42,410 shares at US$2,109 compared to 45,116 units at US$2,237 on the previous day. January closed with an average of 48,604 units for US$4,865.
The JSE USD Equities Index gained 0.09 points to end at 249.36.
The PE Ratio, a measure used to compute appropriate stock values, averages 9.8. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and four with lower offers.
At the close, Margaritaville ended at 12.5 US cents as investors exchanged 955 shares, Proven Investments rose 0.1 of a cent to 19 US cents, with 5,014 units crossing the market, Sterling Investments increased 0.25 of one cent in closing at 2 US cents after a transfer of 5,559 stock units. Sygnus Credit Investments USD share dropped 0.4 of a cent after ending at 9.6 US cents and exchanging 900 stocks and Transjamaican Highway lost 0.01 of one cent to end at 0.94 of one US cent with a transfer of 3,000 shares.
In the preference segment, Productive Business 9.25% preference share closed at US$12 with 9 stocks crossing the exchange and Eppley 6% preference share rallied 5 cents to US$1.15 while exchanging 10 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE Main Market

Trading climbed on the Jamaica Stock Exchange Main Market on Tuesday with investors exchanging 37 percent more shares with the value surging 327 percent more than on Monday, from trading in 56 securities down from 59 on Monday, with 23 rising, 19 declining and 14 unchanged.
Investors traded 20,246,503 shares for $297,780,461 up from 14,762,179 units at $69,659,072 on Monday.
Trading averaged 361,545 units at $5,317,508 versus 250,206 shares at $1,180,662 on Monday and month to date, an average of 187,496 units at $2,112,843 compared to 175,080 units at  1,884,230 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Wigton Windfarm led trading with 10.78 million shares for 53.3 percent of total volume followed by Wisynco Group with 2.50 million units for 12.3 percent of the day’s trade, Massy Holdings with 2.09 million units for 10.3 percent and Jamaica Broilers with 1.52 million units for 7.5 percent market share. The All Jamaican Composite Index shed 79.68 points to end at 375,406.28, the JSE Main Index dropped 105.61 points to settle at 332,427.42 and the JSE Financial Index lost 0.06 points to close at 79.33.
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 2022 and August 2023.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints jumped $1.65 to $9.90 after exchanging 53 shares, Caribbean Cement popped $1.24 to end at $58 after trading 7,068 stocks, Guardian Holdings rallied $4 to $515 with investors transferring 802 units. Jamaica Broilers advanced $2.78 to a 52 weeks’ high of $34 in switching ownership of 1,516,920 stock units, Jamaica Producers gained $1.65 in ending at $21.85 with the swapping of 14,000 stock units, Kingston Wharves rose $1.49 to close at $31.99 with seven shares changing hands. Mayberry Jamaican Equities fell 79 cents to end at $11.21 in switching ownership of 4,264 stocks, NCB Financial dipped 49 cents to close at $77.50 with the exchange of 15,205 units, Palace Amusement lost $1 in closing at $2,699 with a transfer of 439 stocks. Portland JSX rose 90 cents to $10.90 after an exchange of 17,347 shares, Proven Investments declined $1.22 in closing at $28 as investors traded 14,642 units, Sagicor Group shed 50 cents to $52.50, with 14,971 stock units crossing the market. Scotia Group advanced $1.75 to $34 with an exchange of 307,103 stocks, Sterling Investments popped 44 cents to close at $2.90 after trading 79,998 shares, Supreme Ventures gained 80 cents to finish at $26 after 32,071 units passed through the market and Wisynco Group popped 89 cents to end at $17.50 as investors exchanged 2,495,740 stock units.
In the preference segment, Productive Business 10.50% preference share climbed $50 in ending at $1,200 after a transfer of 240 stock units, Jamaica Public Service 7% advanced $2 to close at a 52 weeks’ high of $12 with 2,000 stocks changing hands and 138 Student Living preference share rallied $6 to $76 in an exchange of 33 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Low-keyed JSE USD trading

Trading closed mixed on the Jamaica Stock Exchange US dollar market on Tuesday, resulting from a 39 percent fall in the volume of stocks changing hands, but with 169 percent greater value than on Monday, after trading in five securities, compared with seven on Monday with three rising, one declining and one ending unchanged.
Investors traded 106,437 shares for US$16,273 compared to 175,300 units at US$6,059 on Monday.
Trading averaged 21,287 shares at US$3,255 versus 25,043 stock units at US$866 on Monday, with a month to date average of 45,116 shares at US$2,237 compared with 46,320 units at US$2,186 on the previous day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 0.81 points to end at 249.27.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.8, The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two with lower offers.
At the close, First Rock Real Estate USD share shed 1 cent to close at 6 US cents in swapping of 3,375 shares, Proven Investments rose 0.38 of a cent to 18.9 US cents after an exchange of 79,269 stocks, Sygnus Credit Investments USD share ended at 10 US cents, with 9,730 stocks changing hands and Transjamaican Highway popped 0.01 of a cent in ending at 0.95 of one US cent in trading 14,055 units.
In the preference segment, Productive Business Solutions 9.25% preference share rallied 99 cents to close at US$12 after eight stock units crossed the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rally for JSE Main Market

Investors pushed the Jamaica Stock Exchange Main Market higher on Monday following a 124 percent rise in the volume traded, valued 54 percent more than on Friday, with trading taking place in 59 securities compared to 57 on Friday, ending with losers outnumbering winners, following the prices of 17 stocks rising, 28 declining and 14 unchanged.
A total of 14,762,179 shares were traded for $69,659,072 compared to 6,585,063 units at $45,380,317 on Friday.
Trading averaged 250,206 units at $1,180,662 versus 115,527 shares at $796,146 on Friday and month to date, an average of 175,080 units at $1,884,230 compared with 168,975 units at $1,941,407 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Wigton Windfarm led trading with 4.90 million shares for 33.2 percent of total volume and was  followed by Transjamaican Highway with 2.51 million units for 17 percent of the day’s trade, Sagicor Select Financial Fund with 2.03 million units for 13.8 percent and QWI Investments with 1.61 million units for 10.9 percent market share after it hit a 52 weeks’ intraday low of 55 cents.
The All Jamaican Composite Index climbed 2,961.53 points to 375,485.96, the JSE Main Index rallied 2,287.99 points to 332,533.03 and the JSE Financial Index gained 1.18 points to close at 79.39.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 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.
Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints shed $1.78 to end at $8.25 after 24,292 shares crossed the exchange, Eppley Caribbean Property Fund fell $1.99 to $46 with a transfer of 30 stock units, GraceKennedy gained 59 cents to finish at $76.99 in exchanging 3,838 stocks. Guardian Holdings declined $2 to $511 with an exchange of 64 units, Jamaica Broilers fell $2.68 to $31.22, trading 74,750 units, Kingston Wharves shed $1.47 to end at $30.50 after investors transferred 35,439 stock units. Margaritaville dropped $3.70 in closing at $19.20 with 244 stocks changing hands, MPC Caribbean Clean Energy dipped $2 to $62 after swapping 1,611 shares, Portland JSX advanced 89 cents to $10 with a transfer of 10 stock units. Sagicor Group rallied $1.50 to $53 with the swapping of 51,666 shares, Salada Foods fell 38 cents to close at a multiyear low of $3.51 after an exchange of 2,875 shares. Scotia Group lost 70 cents to settle at $32.25 after 336,678 stocks passed through the market, Seprod popped 50 cents to $66 after an exchange of 8,856 units, Sterling Investments lost 44 cents to settle at $2.46 in switching ownership of 90,858 units and Wisynco Group shed 63 cents to close at $16.61 with 605,928 stock units clearing the market.
In the preference segment, Eppley 7.50% preference share fell $1.17 in closing at $6.63, with investors transferring 348 stocks. Jamaica Public Service 7% rose $1.50 to end at a 52 weeks’ high of $10 with 4,442 shares changing hands, 138 Student Living preference share declined $7.99 to close at $70 after trading 303 shares and Productive Business Solutions 9.75% preference share gained $1 to finish at $107 after investors exchanged 86 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks fall but trading picks up

Trading picked up on the Jamaica Stock Exchange US dollar market on Monday, with an increase of 174 percent in the volume of stocks changing hands and a 223 percent rise in the value than on Friday, resulting in the trading of seven securities compared to nine on Friday with one rising, six declining.
Overall, 175,300 shares were traded for US$6,059 compared to 64,058 units at US$1,876 on Friday.
Trading averaged 25,043 units at US$866 versus 7,118 shares at US$208 on Friday, with a month to date average of 46,320 shares at US$2,186 compared with 47,938 units at US$2,287 on the previous trading day. January ended with an average of 48,604 units for US$4,865.
The JSE USD Equities Index lost 2.67 points to end at 250.08.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.9. The PE ratio is computed using ICInsider.com earnings forecasts for companies with financial years ending between November 2022 and August 2023.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than the last selling prices and three with lower offers.
At the close, Margaritaville fell 0.49 of a cent in closing at 12.5 US cents in trading 404 shares, MPC Caribbean Clean Energy shed 1 cent to end at 58 US cents in switching ownership of 1,277 units, Proven Investments declined 0.48 of a cent to 18.52 US cents, with 18,014 stocks crossing the market. Sygnus Credit Investments J$ share dipped 1.79 cents to close at 10.21 US cents after exchanging 820 stock units, Sygnus Credit Investments USD share advanced 0.5 of a cent in ending at 10 US cents, with 2,754 units clearing the market and Transjamaican Highway dropped 0.02 of a cent to 0.94 of one US cent after 152,000 stocks passed through the market.
In the preference segment, JMMB Group 5.75% lost 1 cent to end at US$2 after a transfer of 31 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big drop for JSE Main market

The Jamaica Stock Exchange Main Market ended trading with a significant decline on Friday following a marginal decline in the volume of stocks traded and a 36 percent fall in the value of stocks changing hands compared to Thursday, and ended with trading in 57 securities compared to 58 on Thursday, leading to rising and declining stock accounting for 22 stocks each and 13 ending unchanged.
Trading ended with two stocks in the preference segment hitting new 52 weeks’ highs and three ordinary shares hitting 52 weeks’ lows.
A total of 6,585,063 shares were traded for $45,380,317, down from 6,869,971 units at $71,142,724 on Thursday.
Trading averaged 115,527 shares at $796,146, down from 118,448 units at $1,226,599 on Thursday and for the month to date, an average of 168,975 units at $1,941,407 versus 173,529 units at $2,038,988 on the previous day. January closed with an average of 205,236 units at $1,805,558.
Wigton Windfarm led trading with 2.42 million shares for 36.8 percent of total volume, followed by Transjamaican Highway with 2.06 million units for 31.3 percent of the day’s trade and Pulse Investments with 308,500 units for 4.7 percent market share.
The All Jamaican Composite Index plunged 6,402.06 points to end at 372,524.43, some 6 percent lower than at the start of the year, the JSE Main Index dropped 4,529.20 points to 330,245.04, to be down 5.9 percent for the year to date and the JSE Financial Index dipped 1.40 points to close at 78.21 with a loss of 7.3 percent year to date.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 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.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments declined $2.47, ending at a 52 weeks’ low of $81.01, exchanging 41,677 shares, Berger Paints advanced $2.52 to $10.03 after a transfer of 186 stocks, Caribbean Cement fell $1.23 to end at $56.77 with the swapping of 7,685 stock units. Eppley popped 41 cents to $37.90 after trading five units, GraceKennedy shed $2.60 in closing at $76.40 with 41,276 stocks changing hands, Guardian Holdings rallied $7 in closing at $513 in switching ownership of 17,101 shares. Jamaica Broilers rose $1.93 to $33.90 with investors transferring 119,956 stock units, JMMB Group lost $1.50 to $30.80 after 48,007 units passed through the market, Mayberry Investments gained 54 cents in ending at $8.54 after an exchange of 35,199 shares. MPC Caribbean Clean Energy declined $6 to close at a 52 weeks’ low of $64 with the swapping of 2,948 stock units, Palace Amusement dropped $179 in closing at $2,700 in an exchange of 671 units, Proven Investments rose $1.65 to end at $29.20 in trading 1,138 stocks. Sagicor Group dipped $1.50 to $51.50 with 26,466 units changing hands, Salada Foods lost 6 cents to end at a 52 weeks’ low of $3.89 after trading 13,991 shares, Scotia Group shed $1.05 to close at $32.95 as investors exchanged 40,352 stock units, Seprod fell $1.50 in ending at $65.50 after trading 35,293 shares. Stanley Motta gained 90 cents to end at $5.40 with 76,722 stocks clearing the market and Supreme Ventures lost 60 cents in ending at $25.50 after an exchange of 44,939 units.
In the preference segment, Eppley 5% preference share popped 94 cents to close at $22.94 after crossing the exchange with 11 shares. Jamaica Public Service 7% gained 50 cents to settle at a 52 weeks’ high of $8.50 in exchanging 546 stocks, JMMBG7.25C – 2025 climbed 39 cents to close at a 52 weeks’ high of $4.33 after an exchange of 694 shares, JMMB Group 7.15% – 2028 popped 49 cents in closing at $3 in switching ownership of one stock unit and 138 Student Living preference share rallied $5.99 to $77.99 with the swapping of 38 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.