Main Market rises on Thursday

Market activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded rising 55 percent, with 21 percent lower value than on Wednesday, with 49 securities trading compared to 59 on Wednesday, with 19 rising, 20 declining and 10 ending unchanged.
A total of 15,879,100 shares were traded for $107,233,955 versus 10,275,420 units at $135,202,574 on Wednesday.
Trading averaged 324,063 units at $2,188,448 against 174,160 shares at $2,291,569 on Wednesday and for the month to date, an average of 262,399 units at $2,551,349, compared to 251,684 units at $2,614,406 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 8.13 million shares for 51.2 percent of total volume followed by JMMB Group 7.35% due 2028 with 3.50 million units for 22 percent of the day’s trade and Transjamaican Highway with 839,751 units for 5.3 percent market share.
The All Jamaican Composite Index advanced 2,591.81 points to 410,394.66, the JSE Main Index popped 1,117.23 points to 360,448.00 and the JSE Financial Index gained 0.37 points to settle at 86.63.
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 and August 2023.
Investor’s Choice bid-offer indicator shows five stocks ended with a bid higher than their last selling prices and four with lower offers.
At the close, Carreras shed 46 cents to end at $8.34 in an exchange of 246,903 shares, Eppley Caribbean Property Fund rallied $2.40 in closing at $44 in switching ownership of 15 stocks, GraceKennedy rose $1.78 in ending at $94.49 after trading 14,524 stock units. Guardian Holdings fell $3 to $520, with 51 units crossing the market, Jamaica Broilers declined 50 cents to close at $27.55 with the swapping of 13,562 units, Jamaica Stock Exchange advanced $1.01 to close at $17.21 with investors transferring 10,525 stock units. JMMB Group climbed 99 cents in closing at $41 as investors exchanged 33,848 stocks, Kingston Wharves increased $1.35 to $37.45 after 445 shares were exchanged, Massy Holdings fell $1.50 to $85, with 508,521 stocks crossing the exchange. Mayberry Investments gained 48 cents to end at $8.59 after closing with trading of 137,639 stock units, Mayberry Jamaican Equities popped $1.05 to close at $14.06 after a transfer of 100,200 shares, 138 Student Living dropped $1.04 to end at $5.96, with 3,172 units changing hands. Palace Amusement dropped $55.98 in closing at $894.02 with an exchange of 53 stock units, PanJam Investment rose 40 cents to $60 after exchanging 2,281 units, Portland JSX advanced 99 cents to $10 trading 3,898 shares. Sagicor Group popped 45 cents to close at $54.45 while exchanging 38,963 stocks, Scotia Group climbed $1.50 to $35 with a transfer of 48,825 shares, Supreme Ventures rallied $1.05 in ending at $29.35 with 33,129 units clearing the market. Sygnus Credit Investments dipped 44 cents to end at $13.21 in exchanging 22,892 stock units and Sygnus Real Estate Finance increased $1.25 in closing at $10.30 after exchanging 20 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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Main Market stocks rise Wednesday  

Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 118 percent with 215 percent more value than on Tuesday, following trading of 59 securities compared to 53 Tuesday, with 25 rising, 15 declining and 19 ending unchanged.
Investors traded 10,275,420 shares for $135,202,574 up from 4,720,134 units at $42,982,084 on Tuesday.
Trading averaged 174,160 units at $2,291,569 versus 89,059 shares at $810,983 on Tuesday and for the month to date, an average of 251,684 units at $2,614,406 compared to 272,195 units at $2,699,821 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 2.37 million shares for 23 percent of total volume followed by JMMB Group 7.5% with 1.37 million units for 13.3 percent of the day’s trade, Transjamaican Highway ended with 1.25 million units for 12.1 percent market share and Caribbean Producers with 1.16 million units for 11.3 percent of shares traded.
The All Jamaican Composite Index rallied 1,089.93 points to 407,802.85, the JSE Main Index advanced by 1,179.38 points to close at 359,330.77 and the JSE Financial Index added 0.84 points to settle at 86.26.
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 and August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments gained $2.03 to end at $87 with an exchange of 556,415 shares, Caribbean Cement increased $1 to $61 while trading 15,240 stock units, Caribbean Producers advanced 80 cents to close at $14.20 in switching 1,159,358 stocks. GraceKennedy lost $1.79 to end at. $92.71, with 39,017 units clearing the market, Guardian Holdings climbed $7 to $523 with the swapping of 100 stock units, Jamaica Producers dropped $1.47 to end at $19.02 after transferring 29,303 shares. Jamaica Stock Exchange shed 80 cents in ending at $16.20 as investors exchanged 2,515 stocks, JMMB Group fell $1.49 to $40.01 after closing trading of 792,727 units, Massy Holdings dipped $2 in closing at $86.50, with 2,192 stocks changing hands. Mayberry Investments declined $1.19 to close at $8.11 after exchanging 142,722 units, Mayberry Jamaican Equities shed 59 cents to $13.01 in exchanging 7,083 stock units, 138 Student Living popped 43 cents to $7, with 162,701 shares crossing the exchange. Palace Amusement rose $170 to $950 in trading 23 shares, Proven Investments rallied $2.48 in closing at $32.50 in exchanging 3,742 stock units, Scotia Group gained $1.50 to close at $33.50, with 89,436 stocks crossing the market. Seprod increased 90 cents to close at $69.95 in an exchange of 4,305 units, Supreme Ventures declined 70 cents in closing at $28.30 with a transfer of 69,347 units and Wisynco Group dropped 46 cents in ending at $16.99 trading 101,247 stock units.
In the preference segment, Eppley 7.25% 
preference share lost $1.28 to $20 finishing at 6,000 shares and Transjamaican Highway 8% climbed 43 cents to end at $1.90 crossing the market one stock. 
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

 

Trading activities dropped on JSE Main Market

The Jamaica Stock Exchange Main Market ended trading on Tuesday, with the volume of stocks declining by 58 percent, with a 37 percent lower value than on Monday, after  53 securities traded compared to 57 on Monday, with 16 rising, 22 declining and 15 ending unchanged after 138 Student Living preference share closed at a record high of $62.
Just 4,720,134 shares were exchanged for a mere $42,982,084,down from 11,109,790 units at $68,584,991 on Monday. Trading averaged 89,059 units at $810,983 versus 194,909 shares at $1,203,245 on Monday and month to date, an average of 272,195 units at $2,699,821, compared to 329,291 units at $3,288,694 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 1.03 million shares for 21.9 percent of total volume followed by Wigton Windfarm with 898,022 units for 19 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 500,000 units for 10.6 percent of market share.
The All Jamaican Composite Index rose262.34 points to 406,712.92, the JSE Main Index declined 956.79 points to 358,151.39 and the JSE Financial Index shed 0.17 points to settle at 85.42.
The PE Ratio, a formula to ascertain 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 and August 2023.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Caribbean Cement shed 50 cents to end at $60 in an exchange of 61,451 shares, Eppley Caribbean Property Fund lost $2.40 to close at $41.60 after trading 235 units, Guardian Holdings gained $1 in ending at $516, with 86 stock units clearing the market. Jamaica Stock Exchange fell 52 cents in closing at $17, with an exchange of 24,969 stocks, Kingston Wharves declined $1.40 to close at $36.10, with a transfer of 2,815 stocks, Mayberry Investments rose 79 cents to end at $9.30 as investors exchanged 89,048 stock units. Palace Amusement dipped $70 to $780, with 29 shares crossing the exchange, PanJam Investment dropped 50 cents in closing at $59.50 while exchanging 8,385 units, Portland JSX shed $1 to $9 after trading 365 stocks. Proven Investments dropped $2.63 to close at $30.02 with investors transferring 5,449 stock units, Salada Foods rallied 50 cents in ending at $4.50 in exchange of 592 units, Scotia Group declined $1.46 to $32 after exchanging 9,651 shares. Seprod dipped 45 cents to close at $69.05 after trading 1,457 stocks and Wisynco Group increased 55 cents to end at $17.45 after a transfer of 105,711 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

7 love in favour of losers

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks exchanged declining by 25 percent but the value jumped 91 percent above Friday’s levels, resulting in trading in 10 securities, compared to seven on Friday with none rising, seven declining and three ending unchanged.
Investors traded 299,180 shares for US$31,910 versus 398,402 units at US$16,693 on Friday. Trading averaged 29,918 shares at US$3,191 against 56,915 stocks at US$2,385 on Friday, with the month to date averaging 30,045 shares at US$2,618 compared to 30,115 units at US$2,299 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index dropped 7.36 points to end at 206.50.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. The PE ratio incorporates ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one ended with the bid higher than the last selling price and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 4 US cents while exchanging 79,098 shares, MPC Caribbean Clean Energy ended at US$1.10 as investors exchanged one share, Productive Business Solutions remained at US$1.321, with one stock unit crossing the market. Proven Investments dropped 2 cents to end at 20 US cents, with 3,064 units changing hands, Sterling Investments dipped 0.01 of a cent to close at 2.08 US cents with an exchange of 30 stock units, Sygnus Credit Investments USD share declined 0.08 of a cent to 12.9 US cents in an exchange of 826 shares. Sygnus Real Estate Finance USD share shed 0.01 of a cent in closing at 12.43 US cents after a transfer of 782 stocks and Transjamaican Highway fell 0.07 of a cent to 0.83 of one US cent, with 200,000 units clearing the market.
In the preference segment, JMMB Group 5.75% lost 5 cents to close at US$1.75 with the swapping of 14,428 stock units and JMMB Group 6% shed 5 cents in ending at US$1.05 with a transfer of 950 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Low-keyed trading for JSE Main Market

Market activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 16 percent less and 12 percent lower than on Friday, with 57 securities trading compared to 56 on Friday, with 15 rising, 26 declining and 16 ending unchanged.
At the close of trading four stocks ended at a 52 weeks’ low and one at a 52 weeks’ low high.
A total of 11,109,790 shares were exchanged for $68,584,991 down from 13,235,143 units at $77,577,657 on Friday. Trading averages 194,909 units at $1,203,245 versus 236,342 shares at $1,385,315 on Friday and month to date, an average of 329,291 at $3,288,694  compared to 397,076 units at $4,340,646 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 5.52 million shares for 49.7 percent of total volume followed by Transjamaican Highway with 1.83 million units for 16.5 percent of the day’s trade and Pulse Investments with 543,973 units for 4.9 percent market share.
The All Jamaican Composite Index dipped 2,145.65 points to 406,450.58, the JSE Main Index declined 930.64 points to 359,108.18 and the JSE Financial Index remained unchanged at 85.59.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.8 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com’s for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Producers declined 95 cents to end at $13.50 in trading 118,472 shares, First Rock Real Estate dipped 66 cents ending at $11.71 after exchanging 2,893 units, GraceKennedy shed $1.50 in closing at $94.50 after trading 87,636 stocks. Guardian Holdings increased $9 to $515 in an exchange of 41 stock units, Jamaica Broilers fell 87 cents to close at $28.06 with investors transferring 13,416 stocks, Jamaica Producers popped $1.47 to end at $20.49, with 6,269 units changing hands. Kingston Properties dropped 57 cents to close at $7.02 with investors transferring 73,136 stock units, Massy Holdings lost 50 cents to $88.50 with an exchange of 1,317 shares, Mayberry Investments gained 56 cents to end at $8.51, with 55,814 stock units crossing the exchange. Mayberry Jamaican Equities advanced 55 cents to $13.60 with 8,336 units changing hands, NCB Financial climbed 98 cents to $89.98 in exchanging 30,511 stocks, Palace Amusement rallied $51.13 to end at $850 in switching ownership of 58 shares. Salada Foods shed 70 cents to end at a 52 weeks’ low of $4, with 135,521 shares crossing the market, Seprod dropped $1.50 to close at $69.50 while exchanging 3,228 stocks, Sygnus Real Estate Finance declined $1.97 in closing at a 52 weeks’ low of $9.03, with 92,487 crossing the market stock units and Wisynco Group dipped 65 cents to end at $16.90 with the swapping of 175,173 units.
In the preference segment, Eppley 7.50% preference share rose $1.53 in closing at $7.48, with 5 shares clearing the market and 138 Student Living preference shares gained $2.30 to close at a 52 weeks’ high of $61.81 with an exchange of 5 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising stocks dominate decliners

Market activity on the Main Market of the Jamaica Stock Exchange ended on Friday, with the volume of stocks traded declining 58 percent with an 81 percent lower value than on Thursday, with 56 securities trading compared to 57 on Thursday, with 25 rising, 20 declining and 11 ending unchanged. A total of 13,235,143 shares were traded for $77,577,657 versus 31,634,499 units at $412,915,308 on Thursday. Trading averaged 236,342 units at $1,385,315 versus 554,991 shares at $7,244,128 on Thursday and month to date, an average of 397,076 units at $4,340,646, compared to 554,991 units at $7,244,128 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Sagicor Select Financial Fund led trading with 3.80 million shares for 28.7 percent of total volume followed by Wigton Windfarm with 2.27 million units for 17.2 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund with 2.25 million units for 17 percent market share and Transjamaican Highway with 1.07 million units for 8.1 percent of the day‘s trades.
The All Jamaican Composite Index dropped 347.86 points to 408,596.23, the JSE Main Index fell 720.30 points to 360,038.82 and the JSE Financial Index increased 0.08 points to settle at 85.59.
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 and August 2023.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Caribbean Cement dropped $3.45 in ending at $60.50 with investors transferring 9,711 shares, Caribbean Producers shed 45 cents to end at $14.45 after exchanging 111,480 stock units, Eppley Caribbean Property Fund climbed $2.40 to close at $44 with an exchange of 575 stocks. First Rock Real Estate advanced 87 cents to $12.37 with 346 units clearing the market, GraceKennedy popped $3.30 in closing at $96 after exchanging 26,732 stocks, Guardian Holdings dived $41 to $506 after trading just 11 stock units. Jamaica Broilers rallied 93 cents in closing at $28.93 with an exchange of 12,421 shares, Margaritaville fell $1.05 to $26.50 in switching ownership of 69 units, Mayberry Investments dipped 43 cents to close at $7.95 with an exchange of 66,452 stocks. NCB Financial dropped $1 to $89, with 76,146 units changing hands, 138 Student Living gained $1.34 in ending at $6.64 with the exchange of 4,215 shares, Palace Amusement dropped $51.13 in closing at $798.87 while swapping 3 stock units. PanJam Investment increased 47 cents to close at $60, with a mere seven units crossing the market, Portland JSX declined $2.10 to $9.90 in exchanging 600 shares, Sagicor Group dipped 55 cents to end at $53.95 in trading 193,172 stock units. Scotia Group rose $2.55 to $33.50 with a transfer of 987,581 stocks and Seprod rose $1.95 to close at $71, with 700 units crossing the market.
In the preference segment, Eppley 7.50% preference share dropped $1.54 to $5.95 in an exchange of 5,714 stocks. JMMB Group 7.25% preference share shed 47 cents to end at $2.50 as investors exchanged 1,976 shares and 138 Student Living preference share rallied $7.76 in closing at $59.51 after a transfer of 284 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Increased trading for the JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 177 percent, with 32 percent less value than on Thursday, resulting in seven securities trading, compared to 11 on Thursday with one rising, one declining and five ending unchanged.
A total of 398,402 shares were traded for US$16,693 versus 143,667 units at US$24,695 on Thursday. Trading averaged 56,915 units at US$2,385 compared to 13,061 shares at US$2,245 on Thursday, with a month to date average of 30,115 shares at US$2,299. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index inched 0.04 points higher to end at 213.86.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows one price of one stock ending with a bid higher than the last selling price and one with a lower offer.
At the close, First Rock Real Estate USD share ended at 4 US cents with investors transferring 394,539 shares, MPC Caribbean Clean Energy ended at US$1.10, with just one share changing hands, Productive Business Solutions ended  at US$1.321 after exchanging one stock unit. Proven Investments remained at 22 US cents, with 3,617 stock units crossing the market and Sygnus Credit Investments USD share shed 0.02 of a cent to 12.98 US cents with the swapping of 200 units.
In the preference segment, JMMB Group 5.75% climbed 26.5 cents to close at a 52 weeks’ high of US$2 after a transfer of 41 stocks and JMMB Group 6% ended unchanged at US$1.10 as investors exchanged 3 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Heavy trading continues JSE main market

Market activity on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 19 percent, with a 56 percent lower value than Wednesday, as 57 securities traded compared to 55 on Wednesday, with 20 rising, 29 declining and eight ending unchanged.
A total of 31,634,499 shares were traded for $412,915,308 down from 38,832,617 units at $938,675,238 on Wednesday. Trading averaged 554,991 units at $7,244,128 versus 706,048 shares at $17,066,823 on Wednesday. August’s average was 738,534 units at $5,975,613.
QWI Investments led trading with 12.17 million shares accounting for 38.5 percent of total volume followed by Jamaica Broilers with 5.23 million units for 16.5 percent of the day’s trade, 138 Student Living with 2.94 million units for 9.3 percent market share, First Rock Real Estate with 2.38 million units for 7.5 percent market share, Supreme Ventures with 1.26 million units for 4 percent market share and Sagicor Select Financial Fund with 1.01 million units for 3.2 percent market share.
The All Jamaican Composite Index gained 561.84 points to end at 408,944.09, the JSE Main Index rose 1,464.43 points to 360,759.12 and the JSE Financial Index popped 0.26 points to settle at 85.51.
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 and August 2023.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Eppley dipped 99 cents in closing at $39.01 after trading 351 shares, Eppley Caribbean Property Fund dropped $2.40 to $41.60 with the swapping of 295 stock units, First Rock Real Estate fell 90 cents to end at $11.50, with 2,381,918 units crossing the market. GraceKennedy lost $2.30 ending at $92.70 with 427,702 stocks changing hands, Guardian Holdings popped $31 to close at $547 in an exchange of 64 stock units, Jamaica Broilers declined 99 cents to $28 in switching ownership of 5,234,006 stocks. Jamaica Producers shed $1.96 to close at $19.02 after exchanging 74,745 units, Jamaica Stock Exchange lost 53 cents to $17.82 in exchanging 49,538 shares, Kingston Wharves declined 40 cents to end at $37.30 as investors exchanged 107,916 units. Massy Holdings rallied $2.02 in closing at $89 in exchanging 42,072 stock units, Mayberry Investments dropped 84 cents to close at $8.38 with an exchange of 53,916 stocks, NCB Financial fell $3.90 to a 52 weeks’ low of $90, with 160,992 shares changing hands. PanJam Investment dipped $2.47 to end at $59.53 and closed with 95,253 shares passing through the exchange, Proven Investments increased $2.59 in closing at $32.59 in trading 1,622 units, Sagicor Group rose 50 cents to $54.50 with a transfer of 20,548 stock units. Scotia Group shed $1.05 to close at $30.95 after a transfer of 533,796 stocks, Stanley Motta slipped 50 cents to $5 while exchanging 11,180 stock units and Supreme Ventures climbed 60 cents to end at $29.12 with investors transferring 1,258,424 shares.
In the preference segment, 138 Student Living preference share advanced $6.75 to $51.75, with 5 units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Volume falls on JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks exchanged declining 64 percent, but valued 286 percent more than on Wednesday, resulting in 11 securities changing hands, compared to seven on Wednesday with three rising, four declining and four closed unchanged.
A total of 143,667 shares were traded, for US$24,695 compared to 403,042 units at US$6,401 on Wednesday. Trading averaged 13,061 units at US$2,245, versus 57,577 shares at US$914 on Wednesday. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index climbed 8.22 points to end at 213.78.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November and August 2023.
Investor’s Choice bid-offer indicator shows two ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share ended unchanged at 4 US cents with a transfer of 115,000 shares, MPC Caribbean Clean Energy remained at US$1.10, with one stock changing hands, Productive Business Solutions dipped 0.15 of a cent to end at US$1.321, with 3 stock units clearing the market. Proven Investments advanced 2 cents to 22 US cents after a transfer of 307 stocks, Sterling Investments ended at 2.09 US cents in exchanging 411 stock units, Sygnus Credit Investments J$ share ended at 13.23 US cents after an exchange of 10 shares. Sygnus Credit Investments USD share popped 0.9 of a cent in ending at 13 US cents while exchanging 374 stocks, Sygnus Real Estate Finance USD share shed 0.01 of one cent to close at 12.44 US cents with investors transferring 69 units and Transjamaican Highway rallied 0.1 of a cent to end at 0.9 of a US cent with 16,486 stocks in crossing the exchange.
In the preference segment, JMMB Group 5.75% lost 10 cents in closing at US$1.80, with 11,000 units changing hands and JMMB Group 6% remained at US$1.10 with an exchange of 6 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big jump in JSE Main Market trading

Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded climbing 166 percent, with the value surging 671 percent above that on Tuesday, with 55 securities trading compared to 59 on Tuesday, with 20 rising, 27 declining and eight ending unchanged.
A total of 38,832,617 shares were exchanged for $938,675,238 compared to 14,621,118 units at $121,702,731 on Tuesday. Trading averaged 706,048 units at $17,066,823, versus 247,816 shares at $2,062,758 on Tuesday and month to date, an average of 738,534 units at $5,975,621, compared to 740,045 units at $5,459,970 on the previous trading day. July closed with an average of 173,643 units at $1,683,017.
JMMB Group led trading with 8.48 million shares for 21.8 percent of total volume followed by Sygnus Credit Investments with 5.14 million units for 13.2 percent of the day’s trade and Carreras chipped in with 4.99 million units for 12.8 percent of market share. Mayberry Jamaican Equities exchanged 3.92 million units for 10.1 percent of the day’s trade, Sagicor Group controlled 1.96 million units and held 5 percent of the market and Sagicor Select Financial Fund ended with 1.83 million units for 4.7 percent market share.
The All Jamaican Composite Index popped 146.95 points to 408,382.25, the JSE Main Index dipped 474.78 points to 359,294.69 and the JSE Financial Index fell 0.27 points to settle at 85.25.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.9 for the Main Market. The JSE Main and USD Market PE ratios incorporate earnings forecasted by ICInsider.com’s for companies with the financial year ending between November and August 2023.
Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement gained 50 cents to close at $64 with an exchange of 1,332,083 shares, First Rock Real Estate rose 90 cents to end at $12.40 in closing with 57,867 stock units changing hands, Grace Kennedy rallied $1.05 to $95 in switching ownership of 82,683 stocks. Guardian Holdings dipped $14 in closing at $516, with 2,087 units crossing the market, Jamaica Stock Exchange climbed 45 cents to $18.35 in trading 14,540 units, JMMB Group lost $1.15 to end at $41.35 trading 8,484,230 stock units. Kingston Properties popped 69 cents in ending at $7.70 after exchanging 395,688 stocks, Kingston Wharves dropped $1.30 to $37.70 as investors exchanged 27,305 shares, Margaritaville declined 54 cents to close at $26 while exchanging 1,735 shares. Massy Holdings advanced 84 cents to $86.98 in an exchange of 1,150 units, Mayberry Jamaican Equities fell $1.01 to end at $13.01, with 3,919,489 stocks crossing the market, MPC Caribbean Clean Energy increased 50 cents to $85 after a transfer of 6 stock units. NCB Financial advanced $1.10 to close at $93.90, with 749,008 units crossing the exchange, Portland JSX shed $1.84 in closing at $8.20, with 9,100 stock units clearing the market, Proven Investments dropped $2.80 to $30 with the swapping of 5,692 stocks. Sagicor Group gained $3 to close at $54 after exchanging 1,958,783 shares and Supreme Ventures dipped $1.38 in closing at $28.52, with 227,689 stock units changing hands.
In the preference segment, Productive Business Solutions 9.75% preference share increased $10.70 to end at $117.70 in exchanging 51 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.