Trading surged on the Jamaica Stock Exchange Main Market on Thursday, with an 825 percent in the volume of stocks traded and a 904 percent jump in the value compared with market activity on Wednesday, following a big bounce in the volume and value of trading in Kingston Wharves shares and Key Insurance and ending with trading in 53 securities compared with 54 on Wednesday, and ended with prices of 22 rising, 18 declining and 13 ending unchanged.
A total of 50,800,250 shares changed hands at $320,174,232, up sharply from 5,494,640 units at $31,905,669 on Wednesday.
Trading averaged 958,495 shares at $6,041,023, up from 101,753 units at $590,846 on Wednesday. Trading for the month to date, averages 213,386 units at $1,617,793, compared with 133,607 units at $1,144,195 on the previous day. Trading in August closed with an average of 316,608 units at $1,867,646.
Key Insurance led trading with 33.39 million shares for 65.7 percent of total volume followed by JMMB Group with 6.61 million units for 13 percent of trading, Wigton Windfarm with 4.11 million units for 8.1 percent of the day’s trade, Transjamaican Highway with 2.70 million units for 5.3 percent market share and JMMB Group 7.5% with 1.26 million units for 2.5 percent of total volume.
The All Jamaican Composite Index skidded 1,390.33 points to 349,133.32, the JSE Main Index climbed 128.65 points to close trading at 316,174.86 and the JSE Financial Index dipped 0.31 points to finish at 70.35.
The Main Market closed trading with an average PE Ratio of 12.3. The JSE Main and USD Market PE ratios are based on the last traded prices and ICInsider.com’s earnings forecasts for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments advanced $1.48 in closing at $77.80 with 5,406 shares changing hands, Berger Paints climbed 58 cents to close at $7.74, with 11 stocks clearing the market, Caribbean Cement dipped 99 cents to end at $49 after traders dealt in 6,946 units, First Rock Real Estate shed 70 cents to close at a 52 weeks’ low of $7.30 and closed, with 27,218 stock units changing hands. GraceKennedy increased $2.60 and ended at $73.10 after trading 71,212 shares, Jamaica Broilers rose 50 cents to $32.50 with a transfer of 157,455 stocks, Jamaica Producers popped $1.38 and ended at $20.08 in trading 522 units, JMMB Group skidded 49 cents to close at $27.71 after 6,609,429 stock units passed through the market.
Kingston Wharves lost $1.48 to end at $26.52, with 1,390 stock units crossing the market, Massy Holdings rallied $1.50 in closing at $96.50 with 553 shares changing hands, Mayberry Investments declined 89 cents in closing at $7.61 while exchanging 2,225 units, NCB Financial dropped $2 to $66 with stakeholders trading 66,742 stocks. Pan Jamaica gained $1.40 to close at $46.40 with the swapping of 39,793 stock units, Proven Investments popped 95 cents and ended at $22.45 with 13,352 shares crossing the exchange, Pulse Investments fell 30 cents to end at $2.20 in switching ownership of 55,812 units, Sagicor Group fell 41 cents in closing at $44.09 in an exchange of 34,660 stocks and Supreme Ventures gained 22 cents and ended at $27.24 with investors dealing in 13,697 shares.
In the preference segment, Jamaica Public Service 7% skidded $13 to $42 after exchanging 216 stocks, JMMB Group 7% preference share advanced 30 cents to close at $2 with investors transferring 3,276 units, 138 Student Living preference share lost $15 to end at $84.98 in an exchange of 44 stock units and Productive Business Solutions 10.5% preference share dropped $180 and ended at $1020 with an exchange of 100 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The Jamaica Stock Exchange Main Market ended lower at the close on Wednesday, Guardian Holdings and Caribbean Cement were the two leading stocks rising at the close of trading, following a moderate trading session with a slightly higher volume of stocks trading with a 47 percent lower value than on Tuesday, but the Investor’s Choice bid-offer indicator flashed a positive signal of a higher open on Thursday.
Trading took place in 54 securities compared with 53 on Tuesday and ended, with prices of 20 rising, 16 declining and 18 left unchanged.
A mere 5,494,640 shares were traded for $31,905,669, down from 5,365,366 units at $60,054,838 on Tuesday.
Trading averaged 101,753 shares at $590,846 compared to 101,233 units at $1,133,110 on Tuesday and month to date, an average of 133,607 shares at $1,144,195, compared to 137,507 units at $1,211,952 on the previous day. August closed with an average of 316,608 units at $1,867,646.
Wigton Windfarm led trading with 1.29 million shares for 23.5 percent of total volume followed by Transjamaican Highway with 1.28 million units for 23.3 percent of the day’s trade and QWI Investments with 812,823 units for 14.8 percent market share.
The All Jamaican Composite Index fell 107.59 points to 350,523.65, the JSE Main Index shed 1,264.18 points to end at 316,046.21 and the JSE Financial Index rose 0.24 points to 70.66.
The Main Market ended trading with an average PE Ratio of 12.3. 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 12 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments skidded $1.88 in closing at $76.32 with investors trading 66,328 shares, Caribbean Cement gained 23 cents and ended at $36 in an exchange of 12,659 stocks, GraceKennedy popped 20 cents to close at $70.50 with 67,526 stocks clearing the market. Guardian Holdings climbed $28.80 to $430 after a transfer of 2,062 units, Jamaica Broilers popped $1 and ended at $32 after investors swapped 4,600 shares, JMMB Group dropped 30 cents in closing at $28.20, with 38,141 stock units changing hands, Kingston Wharves rallied $1.20 to $28 in trading 22,050 stocks. Massy Holdings shed $1 to close at $95 after exchanging 3,000 units, Mayberry Jamaican Equities rose 45 cents to end at $11.50 after 26,200 stock units passed through the market, NCB Financial declined 25 cents to $68 after an exchange of 41,895 stocks, Proven Investments dipped 40 cents to end at $21.50 with traders dealing in 230 shares. Seprod lost 41 cents in closing at $69.49, with 5,713 shares crossing the exchange, Supreme Ventures rallied 30 cents and ended at $27.02 with investors dealing in 51,532 stocks and Victoria Mutual Investments rose 18 cents to close at $3.03 while exchanging 173,342 stock units.
In the preference segment, JMMB Group 7% preference share fell 30 cents in closing at $1.70 following 199 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Barita Investments and Eppley Caribbean Property Fund gained over $1 but sharp declines in Caribbean Cement, down $4.85, Kingston Wharves falling $3.16, Jamaica Producers losing $1.35 and Pan Jamaica skidding $1 pressured the Jamaica Stock Exchange Main Market on Tuesday. Trading activity dropped sharply, with a 41 percent decline in the volume of stocks traded with 55 percent lower value than Monday, resulting from trading in 53 securities compared with 54 on Monday, with 18 rising, 20 declining and 15 ending unchanged.
A total of 5,365,366 shares were traded for $60,054,838 versus 9,156,436 units at $134,445,305 on Monday.
Trading averaged 101,233 shares at $1,133,110 versus 169,564 shares at $2,489,728 on Monday and month to date, an average of 137,507 units at $1,211,952 compared to 142,462 units at $1,222,721, the previous day. August closed with an average of 316,608 units at $1,867,646.
Transjamaican Highway led trading with 1.57 million shares for 29.2 percent of total volume followed by Carreras with 1.40 million units for 26.2 percent of the day’s trade and Wigton Windfarm with 469,969 units for 8.8 percent market share.
The All Jamaican Composite Index lost 1,710.4 points to close at 350,631.24, JSE Main Index skidded 526.78 points to 317,310.39  and the JSE Financial Index slipped 0.27 points to 70.42.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.3 for the Main Market. The JSE Main and USD Market PEs are computed based on the last traded prices and earnings forecasted by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments popped $2.14 and ended at $78.20 after investors ended trading 46,794 shares, Berger Paints declined 59 cents to $7.15 in an exchange of 1,292 units, Caribbean Cement dropped $4.85 to $45.15 while exchanging 14,426 stocks, Eppley Caribbean Property Fund gained $2 in closing at $37 with stakeholders trading 16,143 stock units. Jamaica Producers fell $1.35 to $18.70 with 5,350 units changing hands, Jamaica Stock Exchange rose 50 cents to $10.15, with 19,583 shares crossing the market, JMMB Group climbed $1 to end at $28.50 after 34,852 stock units were traded, Kingston Properties rose 80 cents and ended at $7.40 in trading 10,000 stocks. Kingston Wharves dropped $3.16 to close at $26.80 after a transfer of 5,313 shares, Pan Jamaica dipped $1 in closing at $45 in an exchange of 2,716 stock units, Sagicor Group skidded 50 cents in closing at $44.50, with 155,542 units changing hands, Scotia Group rallied 40 cents and ended at $33.90 after an exchange of 119,374 stocks after the group reported nine month’s profit up 74 percent, to $12.8 billion. Seprod increased 90 cents to end at $69.90 after 963 stocks passed through the market, Stanley Motta advanced 59 cents to $5.34 with investors dealing in 100 units and Sygnus Credit Investments increased 30 cents to close at $11.30, with 58,391 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading activity climbed sharply relative to that on Friday on the Jamaica Stock Exchange Main Market on Monday, with a 74 percent jump in the volume of stocks traded and 149 percent climb in value, with trading in 54 securities compared with 57 on Friday, with prices of 19 rising, 27 declining and eight ending unchanged.
The market closed with trading of 9,156,436 shares at  $134,445,305, up from 5,259,080 units at $54,075,283 on Friday.
Trading averaged 169,564 shares at $2,489,728 that jumped sharply above the 92,265 units for $948,689 on Friday, and month to date, an average of 142,462 units at $1,222,721, compared with 138,081 units at $1,017,876 on the previous trading day. Trading in August averaged 316,608 units at $1,867,646.
Kingston Wharves led trading with 3.50 million shares for 38.2 percent of total volume followed by Transjamaican Highway with 1.97 million units for 21.5 percent of the day’s trade and JMMB Group 7.35% – 2028 with 1.11 million units for 12.1 percent of the day’s trade.
The All Jamaican Composite Index rose 672.31 points to 352,341.68, the JSE Main Index declined 2,517.03 points to finish at 317,837.17 and the JSE Financial Index shed 0.42 points to settle at 70.69.
The PE Ratio, a formula used to compute appropriate stock values, averages 12.2 for the Main Market. The JSE Main and USD Market PE ratios are computed 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 15 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments dropped $2.90 to end at $76.06 with a transfer of 56,959 shares, Caribbean Cement dipped 30 cents to $50 with shareholders swapping 2,760 stocks, First Rock Real Estate shed 59 cents to close at $7.80 while exchanging 10,002 units, GraceKennedy skidded 30 cents in closing at $70.20 with stakeholders trading 70,580 stocks. Guardian Holdings shed $34.80 to $401.20, with 182 units crossing the market, Jamaica Broilers fell $1 to $31 with an exchange of 66,931 shares, Jamaica Producers climbed $1.44 to end at $20.05 after 2,766 stocks changed hands, Jamaica Stock Exchange lost 35 cents in closing at $9.65 with trading of 17,938 stock units. JMMB Group fell $2.20 and ended at $27.50, with 43,366 stock units clearing the market, Kingston Properties, lost 72 cents to $6.60, with 5,350 units crossing the exchange, Kingston Wharves advanced $3.39 to $29.96 with investors dealing in 3,501,338 shares, Massy Holdings dipped $4.20 to close at $96 with 4,965 stocks being traded. NCB Financial skidded $1.50 in closing at $68.50 after trading 18,481 shares, Pan Jamaica popped $3 to end at $46 with investors transferring 878 units, Pulse Investments rallied 31 cents and ended at $2.51 and closed after trading in 16,227 stocks, Sagicor Group rose 49 cents to $45, with 9,649 stock units crossing the market. Seprod dropped $1.10 and ended at $69 in trading 17,450 shares, Stanley Motta declined 46 cents in closing at $4.75 with traders dealing in 30,730 stock units, Sygnus Credit Investments shed 30 cents to close at $11 after an exchange of 71,631 stocks and Wisynco Group increased 60 cents to end at $18 after exchanging 122,891 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.