Market activity was steady on Wednesday, versus Tuesday with the volume and value of stocks trading differed, marginally from Tuesday’s levels on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining but that failed to prevent the market indices from slipping.
Overall, 9,365,107 shares were traded for $89,019,484 versus 9,657,015 units at $85,919,427 on Tuesday. Trading averages 167,234 units at $1,589,634, compared to 178,834 shares at $1,591,100 on Tuesday and month to date, an average of 186,265 units at $1,754,509, compared to 192,803 units at $1,811,153 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
Community & Workers Credit Union led trading with 2.44 million shares for 26.1 percent of total volume followed by Transjamaican Highway with 1.53 million units for 16.3 percent of the day’s trade and Sagicor Select Financial Fund with 1.35 million units for 14.5 percent market share.
The All Jamaican Composite Index dropped 2,438.78 points to 435,164.77, the JSE Main Index fell 488.85 points to 381,571.02 and the JSE Financial Index declined 0.48 points to 90.25.
Trading ended with 56 securities compared to 54 on Tuesday, with 24 rising, 18 declining and 14 ending unchanged.
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 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 eight stocks ended with bids higher than their last selling prices and five stocks with lower offers.
At the close, Eppley Caribbean Property Fund rose $1 to $40.50, with 13 shares crossing the market, First Rock Capital gained 94 cents to end at $12.70 with an exchange of 3,903 stock units, Guardian Holdings rallied $20.79 to $521.79 after trading 733 stocks. JMMB Group lost 64 cents in closing at $43 in switching ownership of 55,562 units, Kingston Properties increased 50 cents to close at $8.20, with 23,543 units crossing the market, Kingston Wharves fell $1.30 to $37.70, with 1,558 stocks changing hands. Margaritaville climbed 65 cents to end at $17.15 and closed after 2,121 stock units passed through the exchange, Massy Holdings advanced $3 in closing at $95 with 18,357 shares clearing the market, Mayberry Investments popped 82 cents in ending at $9.99 after exchanging 190 stocks. Mayberry Jamaican Equities shed 91 cents to close at $12.99 in trading 312,293 shares, MPC Caribbean Clean Energy dropped $16.62 in ending $89.88 while exchanging 682 stock units, Proven Investments fell $3.50 to end at $33 in trading 195,898 units. Sagicor Group lost 49 cents in closing at $55 in an exchange of 96,640 stock units, Scotia Group dropped 94 cents to close at $36, with 6,402 units crossing the exchange, Stanley Motta shed 60 cents to $5 after the trading of 11,200 stocks. Sterling Investments fell 40 cents to a 52 weeks’ low of $2.50 in exchanging 77,690 shares, Supreme Ventures advanced $1.54 to end at $30.69 with the swapping of 68,794 units and Sygnus Credit Investments rallied 75 cents to close at $14.75 after 10,990 shares crossed the market.
In the preference segment, Eppley 7.50% preference share popped 90 cents in closing at $6.90 in exchanging 100 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading picked on Tuesday, with the volume of stocks traded rising after trading 12 percent more and 40 percent lower than on Monday on the Jamaica Stock Exchange Main Market as declining stocks edged out those rising with gaining ones outpowering to push the market indices higher.
The All Jamaican Composite Index popped 1,073.75 points to 437,603.55, the JSE Main Index rose 631.05 points to 382,059.87 and the JSE Financial Index added 0.02 points to settle at 90.73.
Trading ended with 54 securities changing hands compared to 56 on Monday, with 20 rising, 23 declining and 11 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.5 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.
Overall, 9,657,015 units were exchanged for $85,919,427 shares versus 8,595,018 units valued at $143,207,141 on Monday. Trading averages 178,834 units at $1,591,100, compared to 153,482 shares at $2,557,270 on Monday and month to date, an average of 192,803 units at $1,811,153, compared to 199,724 units at $1,920,170 on the previous trading day. June closed with an average of 281,913 units at $5,309,050.
Sagicor Select Financial Fund led trading with 3.14 million shares for 32.5 percent of total volume followed by Wigton Windfarm with 1.81 million units for 18.7 percent of the day’s trade and Transjamaican Highway with 1.17 million units for 12.1 percent market share.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and two stocks with lower offers.
At the close, Eppley dropped $2 to $42.50 after exchanging 1,475 shares, Eppley Caribbean Property Fund declined $3.75 after ending at $39.50 in an exchange of 2,000 stocks, First Rock Capital lost $1.54 to end at $11.76 with an exchange of 21,494 units. Guardian Holdings fell $1 to close at $501 with the swapping of 749 stock units, Jamaica Producers climbed 90 cents to $21 in trading 35 shares, Jamaica Stock Exchange rallied 50 cents in closing at $18, with 3,349 units changing hands. JMMB Group rose $1.33 to $43.64 after exchanging 38,817 stocks, Kingston Properties shed $1.04 to close at $7.70 in exchanging 5,213 stock units, Kingston Wharves fell 99 cents to $39 after 6,425 units changed hands. Mayberry Investments popped 97 cents to end at $9.17, with 121,522 shares crossing the market, Mayberry Jamaican Equities gained 91 cents in ending at $13.90, with 1,816 stock units crossing the market, NCB Financial declined $1 to $99 with an exchange of 215,288 stocks. Portland JSX dropped $1.35 to close at $10.50 in switching ownership of 58 units, Proven Investments lost 85 cents to end at $36.50 in trading 7,841 shares and Supreme Ventures increased 55 cents in closing at $29.15 while exchanging 26,168 stocks.
In the preference segment, 138 Student Living preference share advanced 96 cents in ending at $22.30, with 11 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Main market activity ended on Monday, with declining stocks far exceeding those rising, resulting in the market falling sharply as the volume of stocks traded declined 35 percent, with 117 percent more value than on Friday at the close of the Jamaica Stock Exchange Main Market.
The All Jamaican Composite Index dropped 6,345.40 points to 436,529.80, the JSE Main Index declined 4,898.50 points to 381,428.82 and the JSE Financial Index lost 0.80 points to settle at 90.71.
Trading ended with 56 securities changing hands compared to 53 on Friday, with 14 rising, 30 declining and 12 ending unchanged.
Overall, 8,595,018 shares traded for $143,207,141 versus 13,174,872 units at $66,091,370 on Friday. Trading averages 153,482 units at $2,557,270, compared to 248,582 shares at $1,247,007 on Friday and month to date, an average of 199,724 units at $1,920,170. June closed with an average of 281,913 units at $5,309,050.
Wigton Windfarm led trading with 2.12 million shares for 24.6 percent of total volume, followed by Transjamaican Highway with 1.56 million units for 18.2 percent of the day’s trade, Ciboney Group ended with 1.14 million units for 13.3 percent market share and NCB Financial with 1.10 million units for 12.8 percent share of all trades.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.5 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 eight stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement declined 50 cents to $64, with 25,007 shares clearing the market, Eppley Caribbean Property Fund shed $4 to $43.25, with 68 stock units crossing the market, First Rock Capital climbed $1.55 to close at $13.30 in trading 1,131 units. GraceKennedy dipped 35 cents to end at $102.65 in switching ownership of 10,970 stocks, Guardian Holdings fell $17.99 in closing at $502 while exchanging 10 units, Jamaica Producers lost $2.35 in closing at $20.10 after finishing with an exchange of 27,149 stock units. Jamaica Stock Exchange declined $2.45 to close at $17.50, with 22,325 shares changing hands, JMMB Group fell $1.34 in ending at $42.31 with the swapping of 62,848 stocks, Key Insurance rose 52 cents to end at $3.90 after 4,130 units crossed the exchange. Massy Holdings dropped $1 to $92 with 8,502 stock units changing hands, Mayberry Investments shed $1.81 to $8.20 in exchanging 14,097 shares, Mayberry Jamaican Equities lost 86 cents in closing at $12.99 in an exchange of 92,575 stocks. NCB Financial shed $1.25 to end at $100 after trading 1,096,829 stocks, Palace Amusement fell $85 to $860 with an exchange of 39 shares, PanJam Investment dropped $1.48 to close at $64.50 as 10,769 stock units changed hands. Pulse Investments declined 40 cents in closing at $3.99 after exchanging 353,439 units, Salada Foods lost 30 cents to close at $5.50 after trading 8,476 shares, Scotia Group rallied 44 cents in ending at $36.94 with an exchange of 95 stock units. Supreme Ventures shed $2.85 to $28.60, with 106,907 units changing hands, Sygnus Credit Investments dropped 56 cents to end at $14.23 after trading 52,552 stocks, Sygnus Real Estate Finance popped $2.49 to $15 after trading just one stock and Victoria Mutual Investments fell 41 cents to close at $5.39 with an exchange of 248,114 stock units.
In the preference segment, Eppley 7.50% preference share fell $1.18 to $6 in trading 1,189 shares and 138 Student Living s preference share advanced $1.94 in closing at $21.34 after just one share was traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks rose on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks trading declining 64 percent, with 97 percent lower value than on Thursday as rising stocks exceeded those declining, but the market closed with the IC bid-offer Indicator flashing short term negative signals.
The All Jamaican Composite Index gained 2,638.98 points to settle at 442,875.20, the JSE Main Index climbed 2,141.50 to 386,327.32 and the JSE Financial Index added 0.11 points to settle at 91.51.
Trading ended with 53 securities compared to 55 on Thursday, with 24 rising, 17 declining and 12 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 15 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.
Overall, 13,174,872 shares were exchanged for $66,091,370 versus 36,352,680 units at $2,054,073,702 on Thursday. Trading averages 248,582 units at $1,247,007, compared to 660,958 shares at $37,346,795 on Thursday. June closed with an average of 281,913 units at $5,309,050.
Ciboney Group led trading with 2.89 million shares for 22 percent of total volume, followed by Radio Jamaica with 2.70 million units for 20.5 percent of the day’s trade and Sagicor Select Financial Fund with 2.59 million units for 19.7 percent market share.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and 11 stocks with lower offers.
At the close, Berger Paints added 70 cents in ending at $12.20, with 337 shares crossing the market, Caribbean Cement lost $2.50 to end at $64.50, with 20,215 stocks changing hands, Eppley fell 50 cents in closing at $44.50 after trading 175 stock units. First Rock Capital declined $1.55 to close at $11.75 while exchanging 5,681 units, Guardian Holdings rallied $16.99 to $519.99, with 1,654 shares crossing the exchange,  Jamaica Producers advanced 45 cents to $22.45 trading 2,595 units. JMMB Group climbed $1.90 to close at $43.65 closed at 59,098 stock units, Key Insurance dropped 52 cents to end at $3.38 with the swapping of 2,005 stocks, Massy Holdings gained $1.30 after ending at $93 in exchanging 55,872 stocks. Mayberry Jamaican Equities popped 85 cents in closing at $13.85 with an exchange of 602 shares, Palace Amusement rose $45 to $945 with 23 stock units clearing the market, PanJam Investment climbed 98 cents in closing at $65.98 in an exchange of 138,936 units. Proven Investments rose $1.27 to close at $37.29 after exchanging 22,727 units, Radio Jamaica rallied 50 cents in ending at $2.90 after 2,700,500 stock units were exchanged, Scotia Group rose 45 cents to $36.50 in switching ownership of 1,039 shares. Seprod shed 70 cents in closing at $71.25, with 4,408 stocks crossing the exchange, Supreme Ventures increased 75 cents to close at $31.45 after exchanging 327,481 units and Sygnus Real Estate Finance recovered from the sharp fall on Thursday by gaining $1.26 to end at $12.51 in switching ownership of 501 shares.
In the preference segment, Eppley 7.25% preference share popped $1.94 to $21.99 after trading 2 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Barita Investments was the most prominent trade on Thursday, with 21.49 million shares for 59.1 percent of total volume as trading closed out the half year. The Jamaica Stock Exchange Main Market was constrained within a narrow consolidation range it has been in for several months.
The volume of stocks trading on Thursday rose 117 percent with 590 percent greater value than on Wednesday, with an exchange of 36,352,680 shares with a value of  $2,054,073,702, up from 16,776,950 units at $297,498,943 on Wednesday. Trading averages 660,958 units at $37,346,795, up from 310,684 shares at $5,509,240 on Wednesday and month to date, an average of 281,913 units at $5,309,050, compared to 263,593 units at $3,760,655 onthe previous trading day. May closed with an average of 238,645 units at $3,561,016.
Pulse Investments traded the second highest volume with 4.49 million units for 12.3 percent of the day’s trade and Ciboney Group 3.25 million units for 8.9 percent market share.
The All Jamaican Composite Index climbed 1,350.07 points to 440,236.22, the JSE Main Index rose 1,152.41 points to 384,185.82 and the JSE Financial Index declined 0.03 points to settle at 91.40 as trading ended with 55 securities compared to 54 on Wednesday, with 25 rising, 19 declining and 11 ending unchanged.
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 three stocks with lower offers.
At the close, Barita Investments popped $1.02 to $88.02 in exchanging 21,487,543 shares, Berger Paints declined 75 cents in ending at $11.50 while exchanging 1,300 stock units, Caribbean Cement rose $3.40 in closing at $67 after trading 223,055 units. Eppley Caribbean Property Fund advanced $3.04 to end at $47 in an exchange of 60,745 stocks, First Rock Capital increased 73 cents to close at $13.30 in switching ownership of 79,859 units, GraceKennedy gained $1 to end at $103, with 416,560 stocks crossing the exchange. Guardian Holdings fell $20.98 in closing at $503 with the swapping of 51 stock units, Jamaica Broilers rallied 97 cents to close at $28, with 228,065 shares crossing the market, Jamaica Producers climbed $1 to $22, with 19,825 stocks changing hands. Jamaica Stock Exchange rallied 50 cents to $20 after 15,667 shares crossed the market, Kingston Properties increased 95 cents to close at $8.95, trading 140,927 units, Kingston Wharves popped $1 to $39.50 after exchanging 18,966 stock units. Massy Holdings dropped 30 cents in ending at $91.70 after exchanging 1,693 stocks, Mayberry Investments shed 40 cents in closing at $10 in trading 230,013 shares, NCB Financial slipped $1 to $101 with 36,536 stock units clearing the market. PanJam Investment lost $1 to end at $65 with an exchange of 19,380 units, Proven Investments shed $1.48 to close at $36.02 after 29,816 stocks changed hands, Pulse Investments gained 54 cents to close at $4.42 after exchanging 4,485,406 stock units. Sagicor Group fell 50 cents in closing at $55.49 in an exchange of 90,240 shares, Salada Foods advanced 30 cents in ending at $5.80 after just two units traded, Scotia Group declined $1.64 in closing at $36.05 with an exchange of 89,692 shares. Seprod rose 70 cents to end at $71.95 with the swapping of 65,213 stocks, Stanley Motta climbed 50 cents to $5.50, with 42,111 units crossing the market, Supreme Ventures increased 71 cents to $30.70 in an exchange of 236,568 stock units and Sygnus Real Estate Finance dropped $3.75 to close at a 52 weeks’ low of $11.25, with 10,000 shares crossing the market.
In the preference segment, Jamaica Public Service 9.5% gained $200 to close at $3000 after an exchange of a mere three units and 138 Student Living preference share climbed $1.76 to $19.40 in trading 15 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Winning stocks had the upper hand in trading on Wednesday, exceeding those declining by a 3 to 2 ratio, as the volume of stocks traded rose 76 percent with a 60 percent greater value than on Tuesday at the close of the Jamaica Stock Exchange Main Market.
Trading ended with 54 securities compared to 56 on Tuesday, with 24 rising, 15 declining and 15 ending unchanged.
Overall, 16,776,950 shares were traded for $297,498,943, up from 9,556,775 units at $186,056,204 on Tuesday. Trading averages 310,684 units at $5,509,240, versus 170,657 shares at $3,322,432 on Tuesday and month to date, an average of 263,593 units at $3,760,653, compared to 261,247 units at $3,673,549 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Wigton Windfarm led trading with 6.97 million shares for 41.6 percent of total volume, followed by Transjamaican Highway with 2.34 million units for 14 percent of the day’s trades, Barita Investments chipped in with 1.42 million units for 8.4 percent of market share, Pulse Investments traded 1.12 million units for 6.7 percent of total volume and Massy Holdings with 1.0 million units for 6 percent of the market volume.
The All Jamaican Composite Index increased 1,951.68 points to 438,886.15, the JSE Main Index rose 1,324.62 point to 383,033.41 and the JSE Financial Index rallied 0.32 points to close at 91.43.
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 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 nine stocks ended with bids higher than their last selling prices and five stocks with lower offers.
At the close, Barita Investments increased 46 cents in closing at $87 after trading 1,417,306 shares, Caribbean Cement declined 40 cents to $63.60, crossing the market 3,962 stocks, Eppley climbed $6.50 to $45 and finished trading 980 units. First Rock Capital popped 82 cents in, ending at $12.57, with 18,200 stock units changing hands, GraceKennedy lost $2 to close at $102 in an exchange of 275,338 stock units, Guardian Holdings rallied $22.98 in closing at $523.98 after exchanging 65 stocks. Jamaica Stock Exchange advanced $1.01 to close at $19.50 and closing with an exchange of 10 shares, NCB Financial shed $1.50 to $102 in trading 77,614 units, PanJam Investment rose 99 cents in ending at $66 with 123,286 shares crossing the exchange. Proven Investments gained $1 to end at $37.50 while exchanging 12,419 stocks, Pulse Investments climbed 38 cents to $3.88 in switching ownership of 1,116,423 units, Sagicor Group rallied 99 cents in closing at $55.99, trading 34,169 stock units. Supreme Ventures fell 75 cents to close at $29.99 with 103,993 shares changing hands and Sygnus Credit Investments popped 70 cents in, ending at $15, with 331,231 units clearing the market.
In the preference segment, 138 Student Living preference share dropped $2.36 to end at $17.64 with the swapping of 698 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.