The majority of rose on Thursday on the Jamaica Stock Exchange Main Market with 58 securities compared to 53 on Wednesday, with 32 rising, 12 declining and 14 ending unchanged and trading ended, with the volume of stocks traded rising 171 percent with a 43 percent lower value than Wednesday as a mere $46 million passed through the market.
The All Jamaican Composite Index rallied 543.67 points to 420,869.32, the JSE Main Index climbed 480.00 points to 369,335.69 and the JSE Financial Index added 0.40 points to close at 87.45.
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 are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to August 2023.
Overall, 16,728,941 shares were traded for $46,042,543 compared to 6,172,524 units at $81,213,738 on Wednesday. Trading ended with an average of 288,430 units at $793,837, versus  116,463 shares at $1,532,335 on Wednesday and month to date, an average of 186,606 units at $1,138,336, compared to 132,918 units at $1,319,982 on the previous trading day. July closed with an average of 173,643 units at $1,683,017.
Wigton Windfarm led trading with 9.10 million shares for 54.4 percent of total volume followed by JMMB Group 7.35% – 2028 with 3.99 million units for 23.8 percent of the day’s trade and Sagicor Select Financial Fund with 1.27 million units for 7.6 percent market share.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Berger Paints rose 85 cents to $11.85 and closed with 89 shares changing hands, Caribbean Cement shed $1.45 in ending at $61 with 7,376 stock units clearing the market, Guardian Holdings advanced $1 to $506 after exchanging 105 units. Jamaica Broilers rallied 51 cents in closing at $29.37 in transferring 18,223 stocks, Jamaica Stock Exchange fell $1 to $17 after 6,864 stock units changed hands, Mayberry Investments fell $1.63 in closing at $8.85 after exchanging 26,148 shares. Mayberry Jamaican Equities declined 50 cents to $14 in an exchange of 106,063 units, NCB Financial popped $7.42 to end at $97.42, with 9,641 stocks crossing the market, 138 Student Living dropped 75 cents in ending at $4.30 in switching ownership of 2,895 stocks. Palace Amusement gained $1.01 to close at $756.01 after trading 50 units, PanJam Investment increased $1.40 to end at $59.60, with hinge shares crossing the exchange, Portland JSX gained 99 cents in closing at $9.50 in trading 1,524 stock units. Proven Investments popped 95 cents to close at $33.45, trading 563 stocks, Scotia Group lost 92 cents after ending at $34.07, with 12,502 stock units changing hands, Stanley Motta advanced 62 cents to $5.60 while exchanging 980 units and Sygnus Real Estate Finance increased 50 cents to $12.50 with the swapping of 364 shares.
In the preference segment, 138 Student Living preference share jumped $5.16 to a record high of $56.90 with an exchange of 218 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The Jamaica Stock Exchange Main Market closed on Wednesday, with a big fall in the market as the volume and the value of stocks traded declined 27 percent from trading on Tuesday, leading to more stocks declining than rising.
The All Jamaican Composite Index dropped 3,995.89 points to settle at 420,325.65, the JSE Main Index declined by 3,019.85 points to 368,855.69 and the JSE Financial Index shed 1.03 points to settle at 87.45.
Trading ended with 53 securities compared to 57 on Tuesday, with 13 rising, 25 declining and 15 ending unchanged. Overall, 6,172,524 shares were exchanged for $81,213,738 versus 8,448,425 units at $63,984,241 on Tuesday. Trading averages 116,463 units at $1,532,335, compared to 148,218 shares at $1,122,531 on Tuesday and month to date, an average of 132,918 units at $1,319,982, compared to 148,218 units at $1,122,531 on the previous trading day. July closed with an average of 173,643 units at $1,683,017.
Transjamaican Highway led trading with 1.50 million shares for 24.3 percent of total volume followed by Wigton Windfarm with 1.16 million units for 18.9 percent of the day’s trade and Sagicor Select Financial Fund with 608,480 units for 9.9 percent of market share.
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 are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Berger Paints fell 93 cents to $11 after trading 3,154 shares, Eppley Caribbean Property Fund climbed $2 to close at $40 after exchanging 310 stocks, Guardian Holdings lost $1 in ending at $505 after switching ownership of 926 units. Jamaica Producers advanced 50 cents to $21.25, with 8,534 stock units crossing the market, Jamaica Stock Exchange declined 88 cents to end at $18 while exchanging 8,835 units and Mayberry Investments rose 85 cents to close at $10.48, with 4,504 shares clearing the market. NCB Financial shed $6 in ending at a 52 weeks’ low of $90 with an exchange of 22,866 stocks, PanJam Investment dropped $5.80 in closing at $58.20 trading 5,506 stock units, QWI Investments lost 11 cents in closing at 74 cents after the price hit an intraday 52 weeks’ low of 59 cents as investors traded 282,628, Scotia Group popped 92 cents to end at $34.99 after an exchange of 32,705 units. Supreme Ventures increased $1.52 to $28.67, with 23,538 shares crossing the market, Sygnus Real Estate Finance rallied 86 cents to close at $12, with 2,860 stock units changing hands and Wisynco Group dropped 52 cents to end at $18.40 after an exchange of 92,999 stocks.
In the preference segment, 138 Student Living s preference share gained $1.29 after ending ends record high of $51.74 in an exchange of 4 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The usual month end rally surfaced again on the last trading day for July, on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks rising 232 percent more than on Thursday, with a 157 percent higher value, with rising stocks exceeding those declining.
The All Jamaican Composite Index gained 1,802.80 points to close at 429,500.62, the JSE Main Index climbed 1,031.73 points to 375,693.41 and the JSE Financial Index inched 0.52 points higher to 89.64.
Trading ended with 59 securities compared to 56 on Thursday, with 23 rising, 21 declining and 15 ending unchanged.
At the close of trading, 22,398,173 shares were exchanged for $169,689,057 versus 6,738,750 units at $66,010,050 on Thursday. Trading averages 379,630 units at $2,876,086, compared to 120,335 shares at $1,178,751 on Thursday and a month to date, average of 173,643 units at $1,683,017, compared to 162,714 units at $1,619,716 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
Wigton Windfarm led trading with 9.80 million shares for 43.7 percent of total volume, followed by JMMB Group 7.35% – due 2028, with 5.08 million units for 22.7 percent of the day’s trade and Transjamaican Highway with 1.80 million units for 8 percent market share.
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 are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Eppley dropped $1.98 to end at $38.70 with an exchange of 866 shares, Guardian Holdings shed $5 in ending at $505, with 139 stocks crossing the market, Jamaica Producers climbed $1.71 to $22.49 in an exchange of 143,940 units. Jamaica Stock Exchange increased $1.54 to close at $19.49, with 235,971 stock units clearing the market, Mayberry Investments gained 89 cents in closing at $10.69 after trading 37,405 units, Mayberry Jamaican Equities lost 50 cents to end at $14.50 in exchanging 570 stock units. NCB Financial rallied $6.95 to $97, trading 15,437 stocks, Palace Amusement fell $1 to close at $889 in exchanging one share, PanJam Investment rose 54 cents in closing at $64.99 with the swapping of 11,910 units. Proven Investments declined 79 cents after ending at $32.51, with 44,818 stock units crossing the exchange, Salada Foods popped 50 cents to end at $5.10 in trading 4,882 stocks, Scotia Group advanced 47 cents while ending at $36.47 in trading 17,005 shares. Seprod gained $1.93 in closing at $70 after exchanging 23,844 units, Supreme Ventures climbed 62 cents to close at $30, with 184,773 stocks changing hands.
In the preference segment, 138 Student Living preference share rose 90 cents to a 52 weeks’ close of $40 with an exchange of 101 stock units and Productive Business Solutions 9.75% preference share increased 50 cents to $105 in switching ownership of 1,945 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stock prices mostly fell in market activity on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded dropping 40 percent with a 58 percent lower value than on Wednesday.
Trading ended with an exchange of 6,738,750 shares for $66,010,050 down sharply from 11,320,379 units at $157,629,727 on Wednesday. The average trade was 120,335 units at $1,178,751, compared to 188,673 shares at $2,627,162 on Wednesday and month to date, an average of 162,714 units at $1,619,716, compared to 164,961 units at $1,643,100 on the previous trading day. June  averaged 281,913 units at $5,309,050.
Wigton Windfarm led trading with 1.72 million shares for 25.5 percent of the volume, followed by Transjamaican Highway with 729,653 units for 10.8 percent of trading and Sagicor Select Financial Fund with 705,363 units for 10.5 percent market share.
The All Jamaican Composite Index fell 2,610.73 points to 427,697.82, the JSE Main Index declined 1,907.55 to 374,661.68 and the JSE Financial Index slipped 0.69 points to close at 89.12.
A total of 56 securities traded compared to 60 on Wednesday, with 13 rising, 18 declining and 25 left unchanged.
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 are computed based on ICInsider.com’s forecasted earnings for companies with financial years, ending to the close of August 2023.
The Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and four stocks with lower offers.
At the close, Barita Investments shed 55 cents in closing at $87.35 after switching ownership of 153,550 shares, Berger Paints lost 95 cents to end at $11, with 1,600 stock units crossing the market, Eppley Caribbean Property Fund declined $3.23 to close at $40 trading 180 units. Guardian Holdings advanced $4, ending at $510, with 123 stocks crossing the market, Jamaica Broilers climbed 48 cents to $29.48 in trading 11,847 shares, Jamaica Producers fell $1.71 in closing at closing after exchanging 1,500 units. Jamaica Stock Exchange popped 55 cents to $17.95 in exchanging 67,304 stocks, Kingston Properties dropped 46 cents to $7.01 after trading 394,190 stock units, Margaritaville rallied $3.75 to close at $21, with 506 units clearing the market. Massy Holdings rose 99 cents to $91 while exchanging two stock units, NCB Financial lost $7.45 to close at $90.05 in an exchange of 111,712 shares, PanJam Investment fell 55 cents to $64.45, with 502 stocks changing hands. Salada Foods dropped 50 cents to end at a 52 weeks’ low of $4.60 with an exchange of 11,370 shares and Supreme Ventures shed 62 cents in closing at $29.38 with an exchange of 196,312 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.