Moderate trading dominated the Jamaica Stock Exchange Main Market on Monday with the volume of stocks traded rising modesty over Friday’s level with a 63 percent lower value resulting from trading in 58 securities compared to 53 on Friday, with 21 rising, 24 declining and 13 ending unchanged.
A mere 5,922,099 shares were traded for $55,983,304 versus 5,510,092 units at $150,228,385 on Friday.
Trading averaged 102,105 shares at $965,229 versus 103,964 shares at $2,834,498 on Friday and month to date, an average of 141,332 units at $1,422,829 compared to 145,741 units at $1,474,265 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Wigton Windfarm led trading with 1.46 million shares for 24.6 percent of total volume followed by Carreras with 1.27 million units for 21.4 percent of the day’s trade and Transjamaican Highway with 933,867 units for 15.8 percent of the market share.
The All Jamaican Composite Index fell 4,412.33 points to 388,574.43, the JSE Main Index dipped 3,736.04 points to 341,761.06 and the JSE Financial Index shed 0.90 points to settle at 81.73.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 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 nine stocks ending with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments advanced $2.02 to $92 as investors exchanged 6,097 shares, Caribbean Cement gained $1.50 to end at $63.50 in switching ownership of 8,706 stock units, Carreras shed 45 cents in ending at $8 after 1,268,754 stocks crossed the market. Eppley Caribbean Property Fund rallied $4.95 in closing at $49.95, with 1,150 units clearing the market, GraceKennedy fell $1.50 to $80 with a transfer of 69,010 stock units, Guardian Holdings climbed $7.39 to close at $516 with 86 stocks changing hands. Jamaica Broilers shed 93 cents to end at $28.07 after exchanging 767,013 shares, 
Jamaica Stock Exchange popped $1 to $15.50 in trading 120 units, JMMB Group fell $1.05 to end at $32.95 after exchanging 32,059 units. Kingston Wharves rose 88 cents to close at $35.88 with the swapping of 4,465 stock units, Massy Holdings advanced $2 to $80 with a transfer of 1,824 shares, NCB Financial declined $2 in closing at a 52 weeks’ low of $78 after trading 47,920 stocks after the price hit a 52 weeks’ high of $2,004. Palace Amusement climbed $84.50 to $1,895 as investors switched ownership of 512 shares, PanJam Investment declined $5 in ending at $60 after 5,695 stock units passed through the market, Portland JSX gained 40 cents to close at $10.40 with investors transferring 11,098 units. Proven Investments popped $1 in closing at $31 in exchanging 1,452 stocks, Sagicor Group rallied $1.39 to finish at $54 with 35,383 stocks changing hands, Seprod dipped $1.39 to $66.05 trading 5,212 stock units. Stanley Motta lost 40 cents to end at $4.40 after a transfer of 8,180 units, Supreme Ventures popped 45 cents to close at $27.75 after an exchange of 16,189 shares and Sygnus Real Estate Finance gained 48 cents to end at $9.50 in switching ownership of 256 stocks.
In the preference segment, Eppley 7.75% preference share fell $2.88 to a 52 weeks’ low of $16.33 with an exchange of 10,000 shares and Jamaica Public Service 9.5% declined $5 in closing at $2,995 as investors transferred two stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Fall for JSE USD Market
Trading levels plunged on the Jamaica Stock Exchange US dollar market on Friday and pulled the Denominated Equities Index down by 1.47 points to 227.32, with the volume of stocks changing hands declining by 92 percent and the value dropping 93 percent from that on Thursday, resulting in an exchange of 10 securities, up from nine on Thursday, with no stock price rising, five declining and five ending unchanged.
Just 43,767 shares were traded for US$6,623, down from 531,152 units at US$99,750 on Thursday.
Trading averaged 4,377 shares at US$662, versus 59,017 shares at US$11,083 on Thursday, with month to date average of 33,484 units at US$2,883 compared with 37,472 stock units at US$3,188 on the previous day. December ended with an average of 39,679 units for US$1,494.
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 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and one stock with a lower offer.
At the close, First Rock Real Estate USD share ended at 7.5 US cents in exchanging 90 shares, MPC Caribbean Clean Energy declined 5 cents in closing at 60 US cents, 187 units changing hands, Productive Business Solutions remained at US$1.69 with investors transferring two stock units. 
Proven Investments dropped 0.9 of a cent to close at 19 US cents as investors exchanged 30,019 shares, Sygnus Credit Investments USD share ended at 10 US cents while exchanging 1,432 stocks, Sygnus Real Estate Finance USD share lost 0.07 of a cent to close at 12.4 US cents, with 56 units crossing the exchange and Transjamaican Highway fell 0.02 of a cent in ending at 0.95 of one US cents, with 11,928 shares changing hands.
In the preference segment, Productive Business 9.25% preference share shed 45 cents to US$10.55 after 50 stock units crossed the market, Equityline Mortgage Investment preference share remained at US$1.67 with a transfer of just two units and JMMB Group 6% remained at US$1.05 and closed with an exchange of one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Rising JSE Main Market
Stocks recorded gains for a second straight day on Friday on the Jamaica Stock Exchange Main Market, with trading ending with the prices of 23 stocks rising, 17 declining and 13 ending unchanged, with the volume traded declining 33 percent but with a much higher value of 223 percent compared to Thursday, after trading in 53 securities down from 58 on Thursday.
Trading ended with 5,510,092 shares at $150,228,385 versus 8,211,791 units at $46,473,139 on Thursday.
Trading averaged 103,964 shares at $2,834,498 compared with 141,583 shares at $801,261 on Thursday and month to date, an average of 145,741 units at $1,474,265 compared to 150,524 units at $1,318,558 on the previous day. December closed with an average of 604,110 units at $4,072,598.
Massy Holdings led trading with 1.35 million shares for 24.4 percent of total volume, followed by Pulse Investments with 576,242 units for 10.5 percent of the day’s trade and Jamaica Producers with 438,161 units for 8 percent market share.
The All Jamaican Composite Index advanced 3,343.14 points to 392,986.76, the JSE Main Index
rallied 2,244.00 points to 345,497.10 and the JSE Financial Index rose 0.39 points to 82.63.
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 financial year ending between November last year 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, Caribbean Cement declined 90 cents and ended at $62 with investors transferring 4,026 shares, Eppley Caribbean Property Fund climbed $5 in closing at $45 in switching ownership of 788 stocks, Guardian Holdings rallied 60 cents to $508.61 after 25 units crossed the market. 
Jamaica Broilers shed $1 to close at $29 in exchanging 231,447 stock units, Jamaica Producers lost 50 cents to end at $21.49 with a transfer of 438,161 shares, Jamaica Stock Exchange fell $1 to end at $14.50 in trading 3,001 stock units. JMMB Group advanced $1.05 to finish at $34 with an exchange of 278,837 units, Kingston Wharves gained 55 cents in ending at $3,5, trading 2,171 stocks, Margaritaville popped $1.99 to close at $22.99 with the swapping of 10 shares. Massy Holdings dipped $1.95 to $78 with investors exchanging 1,345,487 stocks, Palace Amusement dropped $91.89 to close at $1,810.50 after the price hit an intraday 52 weeks’ high of $2,000 with 648 shares changing hands, PanJam Investment advanced $2.46 to $65 in trading 693 stock units. 
Sagicor Group rose $1.12 to end at $52.61 after a transfer of 5,943 stock units, Supreme Ventures fell 70 cents to $27.30 in switching ownership of 9,231 stocks and Sygnus Real Estate Finance declined 88 cents ending at $9.02 with a transfer of 6,600 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market gains on low volume
Rising stocks impacted the Jamaica Stock Exchange Main Market positively on Thursday, with the major market indices gaining even as the volume of stocks traded declined 17 percent from Wednesday’s level, and valued 63 percent less after trading in 58 securities, up from 54 on Wednesday, and ended with prices of 19 rising, 22 declining and 17 ending unchanged.
A total of 8,211,791 shares were exchanged for $46,473,139, down from 9,841,967 units at $126,164,786 on Wednesday.
Trading averaged 141,583 units at $801,261 compared with 182,259 shares at $2,336,385 on Wednesday and month to date, an average of 150,524 units at $1,318,558 versus 151,804 units at $1,392,640 previously. December closed with an average of 604,110 units at $4,072,598.
Wigton Windfarm led trading with 2.14 million shares for 26.1 percent of total volume, followed by JMMB Group 7.35% – 2028 with 1.40 million units for 17.1 percent of the day’s trade, Transjamaican Highway with 1.14 million units for 13.9 percent of trading, Sagicor Select Financial Fund with 1.13 million units for 13.8 percent share of the day’s trade and Caribbean Producers with 1.02 million units for 12.4 percent market share.
The All Jamaican Composite Index climbed 2,760.22 points to 389,643.62, the JSE Main Index rose 2,168.78 points to 343,253.10 and the JSE Financial Index popped 0.37 points to 82.24.
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 and August 2023.
Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and one with a lower offer.
At the close, Barita Investments declined $3.84 to $90 with an exchange of 1,946 shares, Caribbean Producers gained 57 cents to end at $11.69 with 1,021,075 units crossing the market, GraceKennedy rose $1.29 to $81.25 in transferring 5,520 stocks. Jamaica Broilers shed 99 cents to end at $30 as investors exchanged 6,576 stock units, Jamaica Stock Exchange popped $1 to close at $15.50 in switching ownership of 11 units, JMMB Group lost 49 cents to finish at $32.95 after an exchange of 73,893 stock units. 
Kingston Wharves climbed $3.39 to $34.45 with a transfer of 432 shares, Margaritaville rallied $1.45 to $21 in the swapping of 404 stocks, Mayberry Investments fell 65 cents to $8.25 after 12,577 stocks cleared the market. Mayberry Jamaican Equities fell 51 cents to $13 with 4,704 stock units changing hands, MPC Caribbean Clean Energy shed 95 cents in closing at $83, trading 238 units, Palace Amusement climbed $72.39 to a 52 weeks’ high of $1,902.39 after a transfer of 305 shares. Sagicor Group gained 49 cents to end at $51.49, trading 5,138 stocks, Scotia Group rose $1.99 to $34 in an exchange of 343,004 shares, Seprod fell 53 cents to $67.45 after 3,703 stock units passed through the market. Stanley Motta rallied 50 cents to $5 with investors transferring 54,322 units and Supreme Ventures advanced 85 cents to $28 with 4,006 shares changing hands.
In the preference segment, Productive Business 10.50% preference share popped $12.01 in closing at $1,012.01 after switching ownership of 100 stock units, 
Eppley 5% preference share fell $1.90 to end at $23 in an exchange of 5 stocks, JMMB Group 7% preference share shed 67 cents to close at $2.22 with the swapping of 5,891 units and 138 Student Living preference share advanced $4.95 to $69.95 after exchanging 37 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in trading on JSE USD Market Thursday
Trading on the Jamaica Stock Exchange US dollar market climbed above with a 481 percent jump in the volume after 531,152 shares were traded, with a 924 percent greater value on Wednesday of US$99,750 changing hands compared to 91,439 units at US$9,740 on Wednesday.
The average trade for Thursday amounts to 59,017 shares at US$11,083, up from 10,160 units at US$1,082 on Wednesday. The month to date average amounts to 37,472 shares at US$3,188 up from the 34,442 units at US$2,077 on the previous day December ended with an average of 39,679 units for US$1,494.
While the volume of stocks traded rose, the number of securities that were exchanged remained at nine which is similar to that on Wednesday, with the market ending with prices of three rising, two declining and four ending unchanged.
The JSE US Denominated Equities Index slipped 1.25 points to end at 228.79.
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 2022 and August 2023.
Investor’s Choice bid-offer indicator shows no stock ended with a bid higher than the last selling price and two with lower offers.
At the close, First Rock Real Estate USD share lost 0.35 of a cent to close at 7.5 US cents after an exchange of 400 shares, Margaritaville remained at 14.5 US cents in trading 16,587 units, MPC Caribbean Clean Energy increased 5 cents to 65 US cents with investors swapping 500 stocks. 
Productive Business Solutions ended at US$1.69 with a transfer of 55 stock units, Proven Investments remained at 19.9 US cents, with 502,807 units crossing the exchange, Sterling Investments dipped 0.05 of a cent in closing at 1.95 US cents after a transfer of 7,211 shares and Sygnus Credit Investments USD share ended at 10 US cents, with 3,550 stock units changing hands.
In the preference segment, Productive Business 9.25% preference share rallied 45 cents to end at US$11 in exchanging 12 stocks and JMMB Group 5.75% climbed 30 cents to US$2.30 while exchanging 30 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
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 segment, Productive 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 segment, Eppley 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 segment, Jamaica 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
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 segment, JMMB 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 segment, JMMB 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.