Main Market trading plunged on Friday

Trading activity plunged on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded diving 27 percent and the value plunging 71 percent lower than on Thursday, with trading in 57 securities compared with 54 on Thursday, and ended with prices of just 11 rising, 31 declining and 15 ending unchanged.
The market closed with only MPC Caribbean Clean Energy up $7.36 and Seprod $4.80, ended with worthwhile gains with the others up 30 cents or less while losses were more prominent across the top 10, led by Pan Jamaica falling $2.40 and NCB Financial, down $23.9 with the lowest top 10 decliner, Jamaica Broilers with a 50 cents decline.
A total of 4,087,425 shares were traded for $30,292,867, down from 5,596,104 units at $102,723,231 on Thursday.
Trading averaged 71,709 shares at $531,454 versus 103,632 shares at $1,902,282 on Thursday and month to date, an average of 111,111 units at $1,369,955, compared with 132,500 units at $1,825,141 on the previous day. October closed with an average of 214,410 units at $1,325,907.
Transjamaican Highway led trading with 1.32 million shares for 32.3 percent of total volume, followed by Carreras with 772,775 units for 18.9 percent of the day’s trade and Sagicor Select Financial Fund with 417,841 units for 10.2 percent of market share.
The All Jamaican Composite Index fell 1,366.63 points to settle at 347,733.07, the JSE Main Index lost 3,039.14 points to finish at 312,866.71 and the JSE Financial Index declined 0.07 points to close at 68.43.
The Main Market ended trading with an average PE Ratio of 12. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments skidded 86 cents to $71.03 with traders dealing in 26,881 stocks Berger Paints lost 80 cents to end at $6.20, with 8,849 units clearing the market, GraceKennedy dropped 68 cents in closing at $73.32 with investors dealing in 4,628 shares. Jamaica Broilers shed 50 cents and ended at $33, with 20,678 stock units crossing the exchange, Jamaica Producers fell 75 cents to close at $19.15 with a transfer of 2,866 shares, Kingston Properties fell 54 cents to $7.01 after an exchange of 15,523 units. MPC Caribbean Clean Energy increased $7.36 and ended at $80.87 with just one stock changing hands, NCB Financial dipped $2.39 to close at $60.51 in an exchange of 74,210 stock units, Pan Jamaica lost $2.40 in closing at $47.65 after 1,118 shares passed through the market. Scotia Group skidded 50 cents to end at $34 as investors exchanged 16,794 stocks, Seprod climbed $4.80 in closing at $79.80 in trading 12,312 units and Wisynco Group fell 50 cents to $20.50, with 131,691 stock units crossing the market.
In the preference segment, Eppley 7.50% preference share declined 90 cents to end at $5.07 while exchanging 379 shares and 138 Student Living preference share shed $17.73 and ended at $89.27 after closing with an exchange of 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising stocks crushed decliners on JSE USD market

Rising stocks crushed those declining in trading on the Jamaica Stock Exchange US dollar market on Friday, with the volume of stocks changing hands declining 74 percent, but with a 41 percent higher value than on Thursday, resulting in the trading of nine securities up from to seven on Thursday with prices of seven rising, one declining and one ending unchanged.
Overall, 50,369 shares were traded for US$10,547 compared to 191,624 units at US$7,484 on Thursday.
Trading on Friday averaged 5,597 shares at US$1,172 compared to 27,375  units at US$1,069 on Thursday. Trading for the month to date average 1s3,717 shares at US$1,011 compared with 18,937 units at US$908 on the previous day. October ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index rallied 1.94 points to 230.99.
The PE Ratio, a measure used in computing appropriate stock values, averages nine. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ended with the bid higher than the last selling price and none with a lower offer.
At the close, Margaritaville gained 0.98 of one cent and ended at 12.98 US cents, with 121 units changing hands, MPC Caribbean Clean Energy rose 4.99 cents to 58.99 US cents with stakeholders exchanging 2 stocks, Proven Investments shed 0.01 of a cent to close at 15.99 US cents in switching ownership of 4,314 shares. Sterling Investments rallied 0.03 cents to end at 1.93 US cents as investors exchanged 2,212 stocks, Sygnus Credit Investments popped 0.11 of a cent in closing at 8.68 US cents after trading 520 shares, Sygnus Real Estate Finance USD share ended at 10 US cents, with 305 stock units crossing the market and Transjamaican Highway climbed 0.01 of a cent and ended at 1.69 US cents with investors dealing in 38,311 stocks.
In the preference segment, JMMB Group 5.75% increased 5 cents to close at US$2 while exchanging 4,490 units and JMMB Group 6% advanced 4 cents in closing at US$1.05, with 94 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market rallies

The Jamaica Stock Exchange Main Market closed trading on Thursday, with the market indices rising, which followed a 33 percent decline in the volume of stocks traded combined with the value of stocks traded jumping 16 percent over Wednesday’s level, following trading in 54 securities compared with 51 on Wednesday, as the market closed with prices 21 stocks rising, 18 declining and 15 ending unchanged.
A total of 5,596,104 shares were traded for $102,723,231 compared to 8,316,427 units at $88,916,615 on Wednesday.
Trading averaged 103,632 shares at $1,902,282 compared with 163,067 stocks at $1,743,463 on Wednesday. Trading  for the month to date ended with an average of 132,500 stock units at $1,825,141, compared to an average of 214,410 shares in October valued at $1,325,907, with more funds entering the market in November to date.
Transjamaican Highway led trading with 1.46 million shares for 26.1 percent of total volume, followed by Jamaica Broilers with 1.08 million units for 19.3 percent of the day’s trade and Sagicor Select Financial Fund with 926,834 units for 16.6 percent market share.
The All Jamaican Composite Index advanced 370.00 points to end at 349,099.70, the JSE Main Index rallied 1,202.56 points to 315,905.85 and the JSE Financial Index popped 0.24 points to conclude trading at 68.50.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending in August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints gained 80 cents to end at $7 with traders dealing in 150 stocks, Caribbean Cement popped $1.99 in closing at $51 after an exchange of 35,095 units, First Rock Real Estate increased $1.21 to close at $7.91 after 19,841 shares passed through the market. GraceKennedy climbed 50 cents and ended at $74 with investors dealing in 111,373 stock units, Guardian Holdings rose $29.50 to close at $439.50 after 68 shares passed through the exchange, Jamaica Broilers rallied 51 cents to $33.50 with investors swapping 1,077,445 units. Kingston Properties rallied 55 cents to $7.55 in switching 6,831 stocks, Massy Holdings fell $1 and ended at $97, with 503 stock units clearing the market, MPC Caribbean Clean Energy shed $14.46 in closing at $73.51 with investors transferring two shares. Pan Jamaica declined 35 cents and ended at $50.05 after exchanging 800,704 units, Scotia Group rose 50 cents to $34.50 in trading 57,408 stocks, Seprod lost $1.50 in closing at $75 after a transfer of 8,808 stock units, and Wisynco Group skidded 93 cents and ended at $21 as investors exchanged 8,588 shares.
In the preference segment, Jamaica Public Service 9.5% rallied $10 to end at $2,900 after investors ended trading six units and JMMB Group 7.25% preference share popped 41 cents to close at $2.50 with an exchange of one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading climbs on the JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Thursday, with the volume of stocks changing hands rising 161 percent valued 43 percent more than on Wednesday, and resulting in trading in seven securities, similar to market activity on Wednesday and ended with prices of three rising, three declining and one ending unchanged.
Overall, 191,624 shares were traded, for US$7,484 up from 73,498 units at US$5,221 on Wednesday.
Trading averaged 27,375 units at US$1,069, versus 10,500 shares at US$746 on Wednesday, with a month to date average of 18,937 shares at US$908 compared with trading in October that ended with an average of 47,977 units for US$4,392.
The US Denominated Equities Index gained 0.03 points to end at 229.05.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share declined 0.26 of one cent and ended at 4.11 US cents after exchanging 10,652 stock units, Margaritaville shed 0.7 of a cent to close at 12 US cents in trading 16 shares, MPC Caribbean Clean Energy ended at 54 US cents, with 132 units clearing the market. Proven Investments popped 0.5 of one cent in closing at 16 US cents with investors dealing in 22,233 stocks, Sterling Investments lost 0.06 of a cent to close at 1.9 US cents, with 502 units crossing the market, Sygnus Credit Investments rallied 0.01 of a cent to end trading at 8.57 US cents with an exchange of 11,625 stocks and Transjamaican Highway rose 0.03 of a cent to end at 1.68 US cents after trading 146,464 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main market falters to start November

Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 11 percent and the value surging 36 percent more than on Tuesday, following trading in 51 securities compared with 58 on Tuesday, with 18 rising, 24 declining and nine ending unchanged.
A total of 8,316,427 shares were traded valued at $88,916,615 compared with 7,470,394 units at $65,380,690 on Tuesday.
Trading averaged 163,067 shares at $1,743,463 versus 128,800 shares at $1,127,253 on Tuesday, compared to October with an average of 214,410  stock units at $1,325,907.
Transjamaican Highway led trading with 1.54 million shares for 18.5 percent of total volume, followed by Scotia Group with 1.51 million units for 18.1 percent of the day’s trade and Wigton Windfarm with 1.33 million units for 16 percent of the day’s trade.
The All Jamaican Composite Index shed 2,746.69 points to close at 348,729.70, the JSE Main Index dipped 4,097.53 points to 314,703.29 and the JSE Financial Index shed 1.17 points to conclude trading at 68.26.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement declined $1.98 to $49.01 and closed with an exchange of 46,234 stocks, GraceKennedy rallied 50 cents to close at $73.50 after investors traded 4,585 units, Guardian Holdings fell $30 in closing at $410 after 3,848 shares were traded. Jamaica Broilers skidded 98 cents to end at $32.99 with 44,119 stock units clearing the market, Jamaica Producers popped 82 cents and ended at $19.90 with traders dealing in 7,100 shares, Jamaica Stock Exchange lost 60 cents to $8.50 after a transfer of 5,664 stocks. Kingston Properties dipped 70 cents to close at $7, with 730 units changing hands, Kingston Wharves advanced 50 cents in closing at $28.50 in an exchange of 25,283 stock units, Massy Holdings dropped 80 cents to end at $98, with 824 shares crossing the market. MPC Caribbean Clean Energy rose $11.47 and ended at $87.97 after exchanging 10 stock units, Proven Investments gained 64 cents to finish the day at $23.69 in trading 939 units, Sagicor Group shed $2 and ended at $42.60, with 25,185 stocks crossing the exchange. Scotia Group declined 70 cents to end at $34 with a transfer of 1,505,779 units, Seprod lost $2 in closing at $76.50 with stakeholders exchanging 1,699 stocks, Supreme Ventures shed 50 cents to close at $26, with 187,628 shares crossing the market and Sygnus Real Estate Finance dropped $1.40 to $9.55 with an exchange of 16,028 stock units.
In the preference segment, Eppley 7.75% preference share fell 78 cents to end at $19.22 after 500 shares passed through the market and Jamaica Public Service 7% increased $6.46 in closing at $48.46 while exchanging 361 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise

Trading falls but JSE USD Market rises

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with the volume of stocks changing hands declining 75 percent, valued 85 percent lower than on Tuesday, resulting from trading in seven securities, compared to four on Tuesday with one rising, two declining and four ending unchanged.
A total of 73,498 shares were traded for US$5,221 compared to 296,100 units at US$34,738 on Tuesday.
Trading averaged 10,500 units at US$746, versus 74,025 shares at US$8,685 on Tuesday compared to trading in—October with an average of 47,977 units for US$4,392.
The US Denominated Equities Index advanced 3.00 points to finish at 229.02.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.8. The PE ratio is calculated based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows one stock ended 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 4.37 US cents, with 640 units crossing the market, Margaritaville remained at 12.7 US cents after trading 1,411 stocks, Proven Investments ended at 15.5 US cents closed with an exchange of 1,372 shares. Sterling Investments advanced 0.26 of a cent in closing at 1.96 US cents in an exchange of 50,816 stocks, Sygnus Credit Investments declined 0.12 of a cent to close at 8.56 US cents with investors transferring 162 shares and Transjamaican Highway remained at 1.65 US cents after exchanging 17,297 units.
In the preference segment, JMMB Group 5.75% shed 5 cents in closing at US$1.95 after 1,800 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Tuesday, with the volume of stocks changing hands rising 125 percent as the value surged 895 percent more than on Monday, resulting from trading in four securities, compared to nine on Monday with three rising and one declining.
Overall, 296,100 shares were traded for US$34,738 compared to 131,600 units at US$3,492 on Monday.
Trading averaged 74,025 units at US$8,685 compared to 14,622 shares at US$388 on Monday. Trading for the  month to date averages 47,977 shares at US$4,392 up from 47,163 units at US$4,258 on the previous day. trading in September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index popped 12.76 points to settle at 226.01.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.7. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close of the market, Productive Business Solutions rallied 20 cents and ended at US$1.60 after exchanging 3,546 units, Proven Investments increased 0.9 of one cent to 15.5 US cents with a transfer of 186,386 stocks, Sygnus Credit Investments dipped 0.02 of a cent to end at 8.68 US cents and closed, with 39 shares being traded and Transjamaican Highway climbed 0.11 of a cent in closing at 1.65 US cents with investors transferring 106,129 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market jumps to end October

Trading activity picked up on the Jamaica Stock Exchange Main Market from the lacklustre levels on Tuesday, with the volume of stocks traded rising 30 percent and the value 310 percent more than on Monday, with trading in 58 securities compared with 55 on Monday, with 20 rising, 25 declining and 13 ending unchanged.
A total of 7,470,394 shares were traded for $65,380,690 compared with 5,763,109 units at $15,955,473 on Monday.
Trading averaged 128,800 shares at $1,127,253 compared to 104,784 shares at $290,100 on Monday and month to date, an average of 214,410 units at $1,325,907, compared with 218,949 units at $1,336,439 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Wigton Windfarm led trading with 2.46 million shares for 32.9 percent of total volume followed by Transjamaican Highway with 1.07 million units for 14.3 percent of the day’s trade and Carreras with 701,528 units for 9.4 percent market share.
The All Jamaican Composite Index popped 4,665.94 points to close at 351,476.39, the JSE Main Index jumped 4,914.30 points to finish at 318,800.82 and the JSE Financial Index rose 0.79 points to close at 69.43.
The Main Market ended trading with an average PE Ratio of 12.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints lost $1.20 to close at a 52 weeks’ low of $6.20, with 1,138 units crossing the market, Caribbean Cement rose $1.99 to $50.99 in switching ownership of 34,273 stocks, First Rock Real Estate skidded $1.36 to end at a 52 weeks’ low of $6.55 with investors transferring 19,332 shares. General Accident rallied 36 cents in closing at $5.56 after an exchange of 19,809 stock units, GraceKennedy increased 50 cents and ended at $73 with traders dealing in 40,025 shares, Jamaica Producers fell 87 cents to $19.08 while exchanging 363 stocks. JMMB Group climbed 49 cents in closing at $27.50 with shareholders swapping 55,168 units, Key Insurance dropped 29 cents to close at $2.21 after investors ended trading of 34,312 stock units, Kingston Properties popped 30 cents and ended at $7.70 with an exchange of 63,719 shares. Kingston Wharves gained 50 cents to end at $28, with 72,619 stocks changing hands, Margaritaville advanced $2.45 to $16.50, after just one unit passed through the market, Massy Holdings popped $7.93 and ended at $98.80 after a transfer of 28 stock units. NCB Financial shed 30 cents to end at $62.85, with 146,019 shares crossing the exchange, Proven Investments declined 45 cents in closing at $23.05 with investors dealing in 1,356 stock units, Sagicor Group rallied $1.10 to close at $44.60 after 25,814 stocks crossed the market. Sagicor Real Estate Fund increased 20 cents to $8.30 after an exchange of 9,794 units, Scotia Group climbed 20 cents in closing at $34.70, with 35,513 stocks clearing the market, Seprod rose $7.50 and ended at $78.50 with an exchange of 91,825 units. Sygnus Real Estate Finance dipped 95 cents to close at $10.95 as investors exchanged 10 shares and Wisynco Group advanced $1.05 to end at $21.95 in trading 676,252 stock units.
In the preference segment, Jamaica Public Service 7% fell $3.22 to $42 after exchanging 1,110 shares and Productive Business Solutions 9.75% preference share shed $1 and ended at $122 with a transfer of 11 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Drop In JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks changing hands rising 315 percent but with a 54 percent lower value than on Friday, resulting in the trading of nine securities, compared to six on Friday with four rising, three declining and two ending unchanged.
Overall, 131,600 shares were traded, for a mere US$3,492 compared to 31,673 units at US$7,572 on Friday.
Trading averaged 14,622 units at US$388, versus 5,279 shares at US$1,262 on Friday, with a month to date average of 47,163 shares at US$4,258 compared with 49,625 units at US$4,551 on the previous trading day. Trading in September ended with an average of 73,281 units for US$5,102.
The US Denominated Equities Index lost 12.69 points to settle at 213.33, down 8.8 percent for the year to date.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.5. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending between November 2023 and August 2024.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, First Rock Real Estate USD share remained at 4.37 US cents after an exchange of 1,000 stocks, Margaritaville gained 1.68 cents to close at 12.7 US cents, with one unit crossing the market, Productive Business Solutions dropped 15 cents to close at US$1.40 in an exchange of 51 shares. Proven Investments popped 0.1 of a cent in closing at 14.6 US cents, with 4,400 stock units crossing the market, Sterling Investments increased 0.1 of a cent to end at 1.7 US cents after an exchange of 710 shares and Transjamaican Highway lost 0.11 of one cent in closing at 1.54 US cents, with 125,038 units changing hands.
In the preference segment, JMMB Group 5.5% skidded 33.9 cents to US$1.65 after 250 stocks passed through the market, JMMB Group 5.75% ended at US$1.74 with investors transferring 140 stock units and Productive Business Solutions 9.25% preference share climbed 84 cents to close at US$12.40 in switching ownership of 10 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market falls Monday

Trading activity closed on Monday, with an exchange of 5,763,109 shares for a mere $15,955,473 that was down 49 percent compared with the value of $31,523,597 on Friday from trading in 5,448,012 units on Friday, on the Jamaica Stock Exchange Main Market in ending, with trading in 55 securities similar to Friday, and ending with prices of 16 rising, 16 declining and 23 ending unchanged.
Trading averaged 104,784 shares at $290,100 versus 99,055 shares at $573,156 on Friday and month to date, an average of 218,949 units at $1,336,439, compared with 224,992 units at $1,391,827 on the previous trading day. Trading during September ended with an average of 218,512 units at $1,768,691.
Transjamaican Highway led trading with 2.39 million shares for 41.4 percent of total volume followed by JMMB Group 7.5% with 1.25 million units for 21.7 percent of the day’s trade and Wigton Windfarm with 597,959 units for 10.4 percent market share.
The All Jamaican Composite Index slipped just 9.86 points to 346,810.45, the JSE Main Index dropped 1,512.64 points to end at 313,886.52 and the JSE Financial Index dipped 0.03 points to finish at 68.64.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints rose 90 cents to end at $7.40 with shareholders swapping 90 units, Caribbean Cement declined $1.32 in closing at $49, with 18,894 stocks crossing the market, Jamaica Broilers climbed 97 cents to $33.97 with stakeholders exchanging 34,920 shares. Jamaica Producers increased 95 cents and ended at $19.95 in trading 20 stock units, JMMB Group fell 49 cents to close at $27.01 after 9,356 shares passed through the Market, Massy Holdings dropped $7.93 to $90.87 with traders dealing in 155 stock units. Proven Investments popped $2 in closing at $23.50 while investors traded 202 stocks, Scotia Group rallied 95 cents and ended at $34.50, after 25,702 units passed through the market, Seprod dropped 50 cents to close at $71 in an exchange of 3,594 shares, Wisynco Group gained 95 cents to end at $20.90 with investors transferring 41,836 stock units.
In the preference segment, Jamaica Public Service 7% shed $4.68 to end at $45.22 after an exchange of 239 stocks, 138 Student Living preference share jumped $12 and ended at $107, with 61 units crossing the market and Productive Business Solutions 9.75% preference share dipped $2 in closing at $123 as investors exchanged 1,094 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.