JSE USD Market rallies

Trading fell on the Jamaica Stock Exchange US dollar market on Wednesday, with a 64 percent drop in the volume of stocks changing hands valued 58 percent lower than on Tuesday, the result from nine securities traded, similar to that on Tuesday with prices of four rising, two declining and three ending unchanged.
Overall, 91,439 shares were traded for US$9,740, down from 256,229 units at US$22,972 on Tuesday.
Trading averaged 10,160 units at US$1,082 versus  28,470 shares at US$2,552 on Tuesday, with month to date average of 34,442 shares at US$2,077 compared with 38,415 units at US$2,240 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index gained 4.02 points to end at 230.04.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 8.6. 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 stock ended with a bid higher than the last selling price and three with lower offers.
At the close, Margaritaville rallied 0.1 of a cent to 14.5 US cents in trading 28,413 shares, MPC Caribbean Clean Energy ended at 60 US cents after 15 units were transferred, Productive Business Solutions dipped 1 cent in closing at US$1.69 while exchanging ten stocks. Proven Investments rose 0.1 of a cent to 19.9 US cents with an exchange of 7,720 stock units, Sterling Investments advanced 0.1 of a cent to close at 2 US cents with a transfer of 2,400 units, Sygnus Credit Investments USD share ended at 10 US cents after 25,964 stocks were exchanged and Transjamaican Highway popped 0.07 of a cent in ending at 0.97 of one US cent with the swapping of 26,770 stock units.
In the preference segmentProductive Business 9.25% preference share ended at US$10.55, with 107 shares crossing the market and JMMB Group 6% dipped 4 cents to US$1.05 trading 40 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picked up on the JSE Main Market

The volume of stocks traded on the Jamaica Stock Exchange Main Market on Wednesday rose 18 percent and the value jumped 259 percent higher than on Tuesday, from trading in 54 securities compared to 55 on Tuesday, with 17 rising, 24 declining and 13 ending unchanged.
The All Jamaican Composite Index dropped 3,634.92 points to 386,883.40, the JSE Main Index declined 2,841.02 points to 341,084.32 and the JSE Financial Index shed 0.31 points to settle at 81.87.
A total of 9,841,967 shares were traded for $126,164,786 versus 8,360,004 units at $35,173,992 on Tuesday.
Trading averaged 182,259 shares at $2,336,385 versus 152,000 shares at $639,527 on Tuesday and month to date, an average of 151,804 units at $1,392,640  versus 147,119 units at $1,247,448 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Jamaica Broilers led trading with 3.27 million shares for 33.2 percent of total volume, followed by Wigton Windfarm with 2.65 million units for 26.9 percent of the day’s trade and Transjamaican Highway with 1.92 million units for 19.5 percent market share.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.1 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 seven stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Caribbean Producers shed 65 cents in closing at $11 with a transfer of 80,830 shares, Eppley climbed $6.11 to $40.99 after 155 stocks passed through the market, Eppley Caribbean Property Fund declined $10 to $40, trading 4,063 stock units. First Rock Real Estate fell $1.09 to close at $12 with an exchange of 11,203 units, GraceKennedy dropped $4.04 to $79.96, with 14,408 stocks clearing the market, Jamaica Producers popped $1.98 to $21.98 as investors traded 12,321 stock units. Jamaica Stock Exchange shed 98 cents to end at $14.50 with investors transferring 23,485 units, JMMB Group rallied 64 cents to $33.44 with 40,018 shares changing hands, Kingston Wharves declined $4.38 to close at $31.06 in swapping 3,345 units. Margaritaville advanced $2.93 to $19.55 after a transfer of 28,413 shares, Massy Holdings rose 95 cents in closing at $79.95 with the swapping of 945 stock units, Mayberry Investments gained 60 cents to end at $8.90, trading 503 stocks. Palace Amusement jumped $225 to close at a 52 weeks’ high of $1,830 in transferring 805 units, Proven Investments shed $2.40 in ending at $30 with 8,029 stocks changing hands, Scotia Group dipped $1.89 to $32.01 in trading 113,116 shares. Seprod advanced $1.98 to $67.98 in switching ownership of 1,733 stock units and Sygnus Credit Investments lost 65 cents in closing at $12.85 after exchanging 53,468 shares.
In the preference segmentEppley 7.25% preference share dropped $2 to close at $20 after trading 2,480 units and Eppley 7.75% preference share lost 79 cents to finish at a 52 weeks’ low of $19.21 after an exchange of 200 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading dropped Tuesday on Main Market

Trading volume declined on Tuesday for a second consecutive day on the Jamaica Stock Exchange Main Market with the volume of stocks traded declining 20 percent and the value 36 percent lower than on Monday, as 55 securities were traded compared to 60 on Monday, with prices of 27 rising, 16 declining and 12 ending unchanged.
A total of 8,360,004 shares were traded for a mere $35,173,992 compared with 10,386,916 units at $54,644,130 on Monday.
Trading averaged 152,000 units at $639,527  compared to 173,115 shares at $910,736 on Monday and month to date, an average of 147,119 stocks at $1,247,448 compared with 146,212 units at $1,360,406 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Wigton Windfarm led trading with 3.29 million shares for 39.3 percent of total volume followed by Sagicor Select Financial Fund with 2.09 million units for 25 percent of the day’s trade and Transjamaican Highway with 1.36 million units for 16.2 percent of market share.
The All Jamaican Composite Index popped 397.74 points to 390,518.32, the JSE Main Index advanced 417.79 points to 343,925.34 and the JSE Financial Index dipped 0.30 points to close at 82.18.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.3 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 and August 2023.
Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments shed $2.28 in ending at $94 with 2,972 shares crossing the exchange, Caribbean Cement declined 58 cents to $62.90 with a transfer of 1,166 units, Caribbean Producers rose 83 cents to $11.77 after trading 42,013 stocks.Eppley Caribbean Property Fund rallied 50 cents to close at $50 with an exchange of two stock units, GraceKennedy advanced $2.50 to $84 as investors swapped 26,554 stock units, Guardian Holdings climbed $3.01 to $508.01 after an exchange of 50 stocks. Jamaica Broilers gained 50 cents to close at $31 with investors transferring 7,991 units, Jamaica Producers fell $2.73 to $20 with the swapping of 31,927 shares, Jamaica Stock Exchange advanced 93 cents to $15.48 in trading 1,400 shares. Kingston Wharves popped $5.19 to end at $35.44 with 1,801 units clearing the market, Massy Holdings dipped $1 to close at $79 after trading 120,708 stocks, NCB Financial rose 70 cents to $80 after 14,668 stock units cleared the market. Palace Amusement fell $40 to close at $1,605 in an exchange of 46 units, PanJam Investment shed 46 cents to end at $62.54 with a transfer of 19,265 stocks, Portland JSX lost 50 cents in closing at $10 after 1,003 stock units crossed the market. Proven Investments popped $2.40 to $32.40 in switching ownership of 17,118 shares and Scotia Group rose 80 cents to $33.90 in exchanging 107,362 stocks.
In the preference segmentJamaica Public Service 9.5% advanced $1 in closing at $3,000 after investors transferred 44 shares. JMMB Group 7% preference share rallied 43 cents to $2.89 after an exchange of 7,336 stock units, 138 Student Living preference share advanced $6.35 to close at $65 as investors exchanged 25 units and Productive Business Solutions 9.75% preference share climbed $13 in closing at $120 in trading 404 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading down on JSE USD Market

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Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands declining 52 percent and valued 65 percent lower than on Monday, resulting in nine securities traded, compared to eight on Monday, with one rising, five falling and three ending unchanged.
Overall, 256,229 shares were traded for US$22,972 down from 534,157 units at US$64,761 on Monday.
Trading averaged 28,470 units at US$2,552, versus 66,770 shares at US$8,095 on Monday, with month to date average of 38,415 shares at US$2,240 compared with 40,361 units at US$2,179 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index lost 5.76 points to end at 226.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending between November 2022 to August 2023.
Investor’s Choice bid-offer indicator shows three stocks ended with a bid higher than the last selling prices and three with lower offers.
At the close, First Rock Real Estate USD share shed 0.02 of a cent after ending at 7.85 US cents after 5,042 shares passed through the market, Margaritaville climbed 0.4 of a cent to end at 14.4 US cents in exchanging 98,829 stocks, Productive Business Solutions ended at US$1.70 in switching ownership of 6 units. Proven Investments dropped 0.09 of a cent in closing at 19.8 US cents with a transfer of 35,252 stock units; Sterling Investments declined 0.16 of one cent to 1.9 US cents with the swapping of 4,898 units, Sygnus Credit Investments USD share remained at 10 US cents after exchanging 10,010 stocks and Transjamaican Highway dipped 0.07 of a cent to 0.9 of one US cent after 102,168 shares were transferred.
In the preference segmentJMMB Group 5.75% remained at US$1.7365 after a transfer of 5 stock units and JMMB Group 6% fell 1 cent to close at US$1.09 after finishing trading 19 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Plunge for JSE Main Market

Stocks traded sharply down on the Jamaica Stock Exchange Main Market on Monday with a dip in the volume of stocks traded at 73 percent lesser value than on Friday, after trading in 60 securities down from 56 on Friday, ending with 21 rising, 27 declining and 12 unchanged.
A total of 10,386,916 shares were traded for $54,644,130 versus 11,174,825 units at $201,235,785 on Friday.
Trading averaged 173,115 shares at $910,736 down from 199,550 shares at $3,593,496 on Friday and trading month to date averaged 146,212 units at $1,360,406 compared to 139,372 units at $1,474,729 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Transjamaican Highway led trading with 4.73 million shares for 45.5 percent of total volume followed by Pulse Investments with 2.05 million units for 19.7 percent of the day’s trade and Sagicor Select Financial Fund with 960,501 units for 9.2 percent market share.
The All Jamaican Composite Index plunged 5,923.29 points to 390,120.58, the JSE Main Index dropped 4,673.08 points to 343,507.55 and the JSE Financial Index declined 0.43 points to close at 82.48.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.4 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 seven stocks ending with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments declined $1.36 to close at $96.28 after an exchange of 4,332 shares, Caribbean Producers shed 91 cents to end at $10.94 after trading 52,746 units, Eppley fell $6.11 to $34.88 after a transfer of 42 stock units. Eppley Caribbean Property Fund dipped 49 cents in closing at $49.50 with 112 stocks changing hands, First Rock Real Estate popped $1 to $13.03 in switching ownership of 525 stocks, Guardian Holdings dropped $19.50 to $505 with investors transferring 337 units. Jamaica Broilers rose 89 cents to $30.50 with 6,023 shares clearing the market, JMMB Group fell 40 cents to $32.60 trading 20,395 stock units, Kingston Wharves fell $4.35 to end at $30.25 in switching ownership of 137,494 stocks.NCB Financial shed 70 cents in closing at $79.30 in exchanging 55,225 units, Palace Amusement climbed $55 to $1,645 with 292 shares passing through the market, Portland JSX advanced $1.50 to $10.50 after a transfer of 218 stock units. Sagicor Group declined 65 cents to $51 in exchanging 10,698 stock units, Scotia Group lost 90 cents to close at $33.10 as investors swapped 46,782 shares, Seprod shed $2.90 in ending at $66 with a transfer of 3,584 units. Stanley Motta fell 50 cents to finish at $4.50 in trading 2,010 stocks, Supreme Ventures lost 49 cents to close at $27.01 after transferring 105,284 shares, Sygnus Credit Investments advanced 65 cents to end at $13.50 with an exchange of 10,368 stock units and Sygnus Real Estate Finance gained 50 cents to close at $9.90 with the swapping of 836 units.
In the preference segmentJMMB Group 7% preference share fell 44 cents to $2.46 in trading 71 stocks and Productive Business Solutions 9.75% preference share dropped $13 in closing at $107 with the swapping of 187 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Gains for JSE Main Market

Trading picked up sharply on the Jamaica Stock Exchange Main Market on Friday, with an 84 percent increase in the volume of stocks traded with an 818 percent more value than Thursday, with 56 securities trading down from 60 on Thursday, with 18 rising, 22 declining and 16 ending unchanged.
The All Jamaican Composite Index jumped 3,559.20 points to 396,043.87, the JSE Main Index climbed 2,768.71 points to 348,180.63 and the JSE Financial Index popped 0.93 points to settle at 82.91.
A total of 11,174,825 shares were traded for $201,235,785 compared to 6,062,724 units at $21,930,574 on Thursday.
Trading averaged 199,550 shares at $3,593,496, up from 101,045 stocks at $365,510 on Thursday and month to date, an average of 139,372 units at $1,474,729 compared to 120,650 units at $815,557 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Transjamaican Highway led trading with 6.36 million shares for 57 percent of total volume, followed by PanJam Investment with 1.07 million units for 9.6 percent of the day’s trade, Massy Holdings with 1.05 million units for 9.4 percent market share and Wisynco Group with 1.04 million units for 9.3 percent market share.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.4 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 ten stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Eppley gained 99 cents to close at $40.99 with an exchange of 1,110 shares, GraceKennedy lost 60 cents in closing at $81.40 after an exchange of 15,302 stocks, Guardian Holdings increased $2.50 to $524.50, with 199 units changing hands. Jamaica Broilers declined $1.39 to end at $29.61 with the swapping of 24,396 stock units, Kingston Wharves rose 55 cents to $34.60 with 4,215 stock units clearing the market, Massy Holdings advanced $1.50 to end at $80 and finishing with 1,054,501 units passing over the exchange.Palace Amusement shed $90 in ending at $1590 with investors trading 431 stocks, PanJam Investment rallied $6 to $63 with 1,072,233 shares crossing the market, Proven Investments climbed $2.01 in closing at $30 in an exchange of 170,085 stocks. Sagicor Group dropped $3.15 to close at $51.65 after exchanging 9,594 shares, Scotia Group fell 40 cents in ending at $34 in trading 1,236 units, Stanley Motta popped 90 cents to end at $5 as investors exchanged 198 stock units. Supreme Ventures dipped $2.37 in closing at $27.50 after 32,697 shares crossed the market and Sygnus Real Estate Finance fell 60 cents to close at $9.40, trading 11,699 stocks.
In the preference segmentEppley 5% preference share increased $2.25 to $24.73 with five units passing through the market and Eppley 7.25% preference share gained $4.80 to end at $22 after an exchange of 200 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Flat trading on JSE USD market

The Jamaica Stock Exchange US dollar market closed Thursday, with no change to the market index following activities that led to the volume of stocks changing hands falling 12 percent with a 170 percent increase in value than on Wednesday, resulting in trading of 11 securities, compared to seven on Wednesday with five rising, three declining and three ending unchanged.
A total of 40,710 shares were traded for US$9,508 compared to 46,347 units at US$3,524 on Wednesday.
Trading averaged 3,701 units at US$864 versus 6,621 shares at US$503 on Wednesday, with month to date average of 41,747 shares at US$966 compared with 71,640 units at US$1,047 on the previous day. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index ended unchanged at 233.85 points.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 no stock ended with a bid higher than the last selling price and four with lower offers.
At the close, First Rock Real Estate USD share gained 0.1 of a cent in closing at 7.7 US cents with 150 shares changing hands, Margaritaville ended at 14 US cents with a transfer of 708 units, MPC Caribbean Clean Energy popped 4 cents to close at 65 US cents with an exchange of 2,501 stock units. Productive Business Solutions fell 0.01 of one cent to US$1.8039 with 100 stocks clearing the market, Proven Investments lost 0.79 of one cent in ending at 18.51 US cents after trading 15,867 shares, Sterling Investments rose 0.11 of a cent to close at 2.08 US cents with the swapping of 61 stocks. Sygnus Credit Investments J$ share remained at 13.62 US cents after 30 stock units passed through the market, Sygnus Credit Investments USD share ended at 9.99 US cents with 183 units changing hands and Transjamaican Highway gained 0.02 of a cent to end at 0.97 of one US cent after exchanging 20,744 units.
In the preference segmentProductive Business 9.25% preference share popped 95 cents to US$12 with an exchange of 365 stock units and Eppley 6% preference share dipped 1 cent and ended at US$1.07 after a transfer of one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market down for a second day

The Main Market of the Jamaica Stock Exchange ended trading on Thursday, with a decline in the index for a second day running after the number of stocks rising outpaced those falling three to two as the volume of stocks traded declined 18 percent while the value dropped 62 percent lower than Wednesday’s close, after trading in 60 securities compared to  58 on Wednesday, with 26 rising, 17 declining and 17 ending unchanged.
A total of 6,062,724 shares were traded for a mere $21,930,574 down from 7,402,150 units at $57,740,739 on Wednesday. Trading averages 101,045 units at $365,510 versus 127,623 shares at $995,530 on Wednesday and month to date, an average of 120,650 units at $815,557, compared to 130,452 units at $1,040,581 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Wigton Windfarm led trading with 1.98 million shares for 32.6 percent of total volume followed by Transjamaican Highway with 1.73 million units at 28.6 percent of the day’s trade and Ciboney Group with 516,314 units for 8.5 percent of market share.
The All Jamaican Composite Index shed 2,146.48 points to close at 392,484.67, the JSE Main Index declined 1,737.67 points to 345,411.92 and the JSE Financial Index shed 0.80 points to settle at 81.98.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.4 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 eight stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Barita Investments rallied 98 cents to close at $97.98, with 4,047 shares crossing the exchange, Berger Paints popped 55 cents to $10.40 with an exchange of 1,500 units, Caribbean Cement popped $1.46 after ending at $63.45 with a transfer of 1,330 stock units. Eppley rose $5.05 to $40 with 536 stocks clearing the market, First Rock Real Estate lost $1.79 in closing at $12.01, with 23,081 units crossing the market, GraceKennedy declined 60 cents to end at $82, as 16,204 stock units passed through the market. Guardian Holdings dipped $3 to $522 after an exchange of 416 stocks, Jamaica Producers climbed $1.07 in closing at $22.99, with 1,500 shares crossing the market, Jamaica Stock Exchange fell 80 cents ending at $14.50 in an exchange of 12,167 units. JMMB Group increased 40 cents to close at $33 while exchanging 58,195 stock units, Margaritaville shed $2.93 to close at $16.62 in exchanging 1,959 shares, Massy Holdings dropped $1.45 ending at $78.50 in switching ownership of 58,914 stocks. MPC Caribbean Clean Energy gained $9 to end at $84 with the swapping of 4,637 stock units, NCB Financial gained $1.79 to $80 trading 7,843 shares, Palace Amusement rallied $80 in closing at a 52 weeks’ high of $1680, with 404 stocks changing hands. Proven Investments increased 49 cents to end at $27.99 as investors exchanged 17,978 units, Sagicor Group rose $3.80 to $54.80 with investors transferring 854 stock units, Scotia Group popped $1.40 to close at $34.40 in trading 13,614 stocks. Seprod dropped 90 cents in ending at $69.10 after 1,831 shares changed hands, Stanley Motta shed $1.15 in closing at $4.10 after a transfer of 15,876 units and Supreme Ventures climbed $2.52 after ending at $29.87 with an exchange of 5,708 shares.
In the preference segmentJamaica Public Service 9.5% dipped $1 in closing at $2999 as a mere one share was traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading drops on the JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 95 percent fall in the volume of stocks changing hands valued at 68 percent less than on Tuesday and resulting in seven securities traded, similar to Tuesday with three rising and four declining.
A total of 46,347 shares were traded for US$3,524 compared with 956,617 units at US$11,129 on Tuesday.
Trading averaged 6,621 shares at US$503, down from 136,660 shares at US$1,590 on Tuesday, with the month to date averaging 71,640 shares at US$1,047. December ended with an average of 39,679 units for US$1,494.
The JSE US Denominated Equities Index dipped 0.57 points to end at 233.85.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.6. 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 none ended with a bid higher than the last selling prices and two with a lower offer.
At the close, First Rock Real Estate USD share declined 0.18 of a cent to 7.6 US cents, with 1,371 shares crossing the exchange, Margaritaville rallied 0.01 of a cent after ending at 14 US cents trading 700 units, Proven Investments lost 0.44 of one cent in closing at 19.3 US cents as 12,671 stock units changed hands. Sterling Investments dipped 0.03 of a cent to 1.97 US cents with a transfer of 26,126 stocks, Sygnus Credit Investments USD share popped 0.58 of one cent to close at 9.99 US cents in switching ownership of 150 shares and Transjamaican Highway fell 0.02 of a cent to 0.95 of one US cent with 5,048 stock units changing hands.
In the preference segmentJMMB Group 6% increased by 3 cents ending at US$1.10 after exchanging 281 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Big fall for JSE Main Market

Stock rising and falling was almost evenly matched at the close of market activity on the Main Market of the Jamaica Stock Exchange on Wednesday, following a 10 percent slide in the volume of stocks traded with a 14 percent lower value than on Tuesday and a significant fall in the market index, with 58 securities trading compared to 62 on Tuesday, with 23 rising, 24 declining and 11 ending unchanged.
The All Jamaican Composite Index lost 9,718.27 points to settle at 394,631.15, the JSE Main Index fell 9,089.39 points to settle at 347,149.59 and the JSE Financial Index lost 3.14 points to settle at 82.78.
A total of 7,402,150 shares were exchanged for $57,740,739 versus 8,252,097 units at $67,129,016 on Tuesday. Trading averages 127,623 units at $995,530 versus 133,098 shares at $1,082,726 on Tuesday and month to date, an average of 130,452 units at $1,040,581. December closed with an average of 604,110 units at $4,072,598.
Sagicor Select Financial Fund led trading with 2.53 million shares for 34.2 percent of total volume followed by Wigton Windfarm with 1.31 million units for 17.7 percent of the day’s trade and Transjamaican Highway with 948,703 units for 12.8 percent market share.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.4 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 ten stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments shed $2.02 in closing at $97 with an exchange of 4,107 shares, Berger Paints lost 75 cents to end at $9.85 in trading 50 stock units, Eppley rose 95 cents to $34.95, with 90 stocks crossing the market. Eppley Caribbean Property Fund advanced $2.78 to close at $50 while exchanging 25 units, First Rock Real Estate rallied 80 cents in ending at $13.80 in an exchange of 29,271 shares, GraceKennedy dipped 40 cents to $82.60 with a transfer of 12,276 stock units. Guardian Holdings fell $44 to $525 and finished with 43,028 stocks changing hands, Jamaica Stock Exchange declined 69 cents to end at $15.30 after exchanging 22,960 units, Kingston Properties dropped 75 cents to close at $7, with 65,635 stock units clearing the market. Kingston Wharves dropped $2.33 in closing at $33.67, with 2,640 shares changing hands, Massy Holdings climbed 45 cents to $79.95 as 74,874 units were traded, Mayberry Investments fell 70 cents to end at $8 closing with 142,781 stocks passing through the market. NCB Financial lost $1.79 in closing at $78.21, with 78,538 units crossing the market, Palace Amusement popped $1 to close at a 52 weeks’ high of $1600 as 267 stock units passed through the market, Portland JSX declined $1.55 to close at $9 as investors exchanged 100 stocks. Proven Investments gained 50 cents to end at $27.50 after exchanging 1,122 shares, Sagicor Group dipped $4 in closing at $51 in switching ownership of 2,788 stocks, Sagicor Real Estate Fund shed 86 cents to end at $8.67 as 11,700 stock units crossing the exchange. Scotia Group dipped $1.49 to close at $33 in exchanging 11,506 shares and Stanley Motta increased $1.23 after ending at $5.25 with a transfer of 244 units.
In the preference segmentJamaica Public Service 7% advanced $2.73 to close at a 52 weeks’ high of $3.37 with the swapping of 30,000 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.