Trading picked up sharply on the Jamaica Stock Exchange Main Market on Thursday, but that was insufficient to prevent a fall in the market after the volume of stocks traded jumped 183 percent and the value surged 357 percent over trading on Wednesday, after 52 securities were traded down from 56 on Wednesday, leading to prices of 19 rising, 22 declining and 11 ending unchanged.
A total of 12,082,376 shares were exchanged for $88,446,679 up from 4,265,895 units at $19,430,399 on Wednesday.
Trading on Thursday averaged 232,353 units at $1,700,898, up from 76,177 shares at $345,971 on Wednesday and month to date, an average of 194,550 units at $1,216,524 versus 189,470 units at $1,151,441 on the previous day. October closed with an average of 231,243 units at $1,464,224.
Wigton Windfarm led trading with 3.36 million shares for 27.8 percent of total volume followed by Pulse Investments with 2.46 million units for 20.3 percent of the day’s trade, Transjamaican Highway with 1.93 million units for 16 percent of the market and JMMB Group 7.35% – 2028 with 1.13 million units for 9.4 percent market share.
The All Jamaican Composite Index fell 2,281.94 points to 392,649.24, the JSE Main Index lost 3,773.19 points to close at 343,916.81 and the JSE Financial Index dropped 0.55 points to settle at 82.93.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.3 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 seven stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Eppley Caribbean Property Fund gained $2.95 in closing at $40 after an exchange of 2,445 shares, First Rock Real Estate fell $1.41 to $13 after exchanging 10,849 units, GraceKennedy rallied 50 cents to close at $86.50 after the trading of 14,897 stock units. Kingston Properties dropped 43 cents to end at $6.56 with a transfer of 293,304 stocks, Kingston Wharves declined 70 cents to $36.30 in an exchange of 100 units, Massy Holdings lost $1 to end at $80 as investors traded 841 stocks. Mayberry Jamaican Equities rose 96 cents in closing at $13.96, with 51,611 stock units crossing the market, PanJam Investment climbed 50 cents to close at $53.50 in trading 519 shares, Proven Investments shed $2.27 to $28.73 with the swapping of 1,968 units. Seprod dipped 50 cents after ending at $67.50 in switching ownership of 2,467 shares and Supreme Ventures increased $2.45 to $28.95 after trading 272,233 stock units.
In the preference segment, Eppley 7.50% preference share popped 72 cents to $7.87, with 2,159 stocks crossing the market, Jamaica Public Service 9.5% advanced $100 to close at $3100 after an exchange of just one stock and 138 Student Living s preference share dipped $15 to $45 with an exchange of 105 stock units.
Prices of securities trading are those for the last transaction of each stock unless other

Stocks mostly declined in Main Market activity on the Jamaica Stock Exchange on Tuesday, after the volume of stocks traded declined 4 percent but with an 83 percent greater value than on Monday, with 56 securities trading down from 57 on Monday, and ended with 16 rising, 28 declining and 12 ending unchanged.
A total of 15,475,658 shares were traded for $123,996,797 versus 16,146,320 units at $67,828,590 on Monday.
Trading averages 276,351 units at $2,214,229 versus 283,269 shares at $1,189,975 on Monday and month to date, an average of 208,638 units at $1,287,544 versus 194,849 units at $1,098,838 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
Transjamaican Highway led trading with 5.53 million shares for 35.7 percent of total volume followed by Radio Jamaica with 2.51 million units for 16.3 percent of the day’s trade, Pulse Investments with 2.05 million units for 13.3 percent market share and Wisynco Group with 1.25 million units for 8 percent market share.
The All Jamaican Composite Index dropped 3,612.99 points to 393,037.27, the JSE Main Index shed 1,329.63 points to end at 345,693.08 and the JSE Financial Index dipped 0.67 points to settle at 82.69.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.3 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 seven stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments fell $2.80 to 91.98 after trading 15,982 stocks, Caribbean Cement shed $4 to end at $57.50, with 6,138 stock units crossing the market. Eppley Caribbean Property Fund declined $1.70 in closing at $38.30 after exchanging 560 units, First Rock Real Estate fell 87 cents to $13.55 clearing the market with 7,625 stock units, GraceKennedy dipped $1.60 to $85.40 in trading 31,476 units. Guardian Holdings climbed $28.97 to end at $524.99 with an exchange of 5 shares, Jamaica Broilers increased 50 cents to $28.50 as investors exchanged 538,867 stocks, Kingston Wharves dipped $1.25 to close at $36.25 while exchanging 2,236 shares. Massy Holdings lost $4.99 in closing at $74.01 after trading 301,694 stocks, NCB Financial declined $2 to close at $83 with 193,074 units changing hands, PanJam Investment fell $2.55 in closing at $51.45 after exchanging 13,262 stock units. Proven Investments dropped $2.10 to $30, with 4,772 units crossing the market and Scotia Group shed $1 to end at $35 with a transfer of 294,706 shares.
In the preference segment, 138 Student Living preference share rallied $10.45 to $60, with one stock unit changing hands, Productive Business Solutions 9.75% preference share fell $21 to close at $119 in switching ownership of 5 stocks and Productive Business Solutions 10.5% dropped $100 to close at $1050, with 100 shares crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

In Monday’s trading, declining stocks exceeded those rising by a wide margin on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks traded rising 60 percent with an 8 percent lower value than on Friday, after 57 securities were traded up from 54 on Friday, and ended with 16 rising, 25 declining and 16 ending unchanged.
A total of 16,146,320 shares were exchanged for $67,828,590 versus 10,072,258 units at $74,070,561 on Friday.
Trading averaged 283,269 units at $1,189,975 compared with 186,523 shares at $1,371,677 on Friday and month to date, an average of 194,595 units at $1,098,838, compared to 171,730 units at $1,075,008 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
Wigton Windfarm led trading with 10.90 million shares for 67.5 percent of total volume, followed by Transjamaican Highway with 1.50 million units for 9.3 percent of the day’s trade and 138 Student Living with 1.04 million units for 6.4 percent market share.
The All Jamaican Composite Index dropped 1,302.79 points to 396,650.26, the JSE Main Index fell 2,127.45 points to 347,022.71 and the JSE Financial Index declined 0.30 points to close at 83.36.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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 nine stocks ending with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement rallied $4 in closing at $61.50 after exchanging 4,250 shares, Guardian Holdings slumped $22.98 to end at $496.02 with investors transferring 2,971 stock units, Jamaica Broilers shed $1.13 after finishing at $28 trading 34,225 stocks. Jamaica Producers fell $2.78 to close at $17.52 in exchanging 5,328 units, Jamaica Stock Exchange gained 84 cents to close at $16.05 with the swapping of 400 units, JMMB Group declined 80 cents to end at $36.50 with 32,634 stock units changing hands. Massy Holdings dipped $1 to close at $79 in transferring 1,128 stocks, Mayberry Investments dropped $1 to end at $7 with an exchange of 15,815 shares, NCB Financial lost $1 in closing at $85, trading 377,375 units. PanJam Investment shed 50 cents to finish at $54 with the swapping of 366 shares, Portland JSX gained 50 cents to end at $9.50 with 6,612 stocks changing hands, Supreme Ventures dipped 68 cents to $26 as investors switched ownership of 220,329 stock units.
In the preference segment, Jamaica Public Service 9.5% popped $100 in closing at $3,000 with an exchange of 4 shares and 138 Student Living preference share declined $1.07 to close at $49.55 after a transfer of 322 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Stocks registered solid gains for the Jamaica Stock Exchange on Friday ended, with Guardian Holdings jumping $24, GraceKennedy nearly $5, Seprod $3.50 and Scotia Group $3, helping to drive the market index solidly up, with funds chasing stocks rising 29percent over Thursday even as the volume of stocks trading declined 24 percent and resulting in trading in 54 securities traded compared to 56 on Thursday, with 22 rising, 17 declining and 15 ending unchanged.
A total of 10,072,258 shares were exchanged for $74,070,561 against 13,269,863 units at $57,335,875 on Thursday.
Trading averaged 186,523 shares at $1,371,677 compared to 236,962 stocks at $1,023,855 on Thursday and month to date, an average of 171,730 units at $1,075,008 versus 166,859 units at $977,324 on the previous day. October closed with an average of 231,243 units at $1,464,224.
Transjamaican Highway was the lead trade, with 5.93 million shares for 58.9 percent of total volume, followed by Wigton Windfarm with 1.08 million units for 10.7 percent of the day’s trade and Pulse Investments with 564,202 units for 5.6 percent market share.
The All Jamaican Composite Index climbed 3,654.63 points to 397,953.05, the JSE Main Index advanced 4,247.25 points to 349,150.16 and the JSE Financial Index popped 1.10 points to end at 83.66.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.6 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 and August 2023.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement dipped $4 to $57.50, trading 227,991 shares, First Rock Real Estate rose $1.44 to $14.44 in exchanging 10,904 stock units, GraceKennedy rallied $4.98 to end at $86.98 with the transfer of 8,513 stocks. Guardian Holdings climbed $24 to $519 with 3,296 units changing hands, Jamaica Broilers increased $1.03 in closing at $29.13 after 613 stock units crossed the market, Kingston Properties gained 47 cents to close at $7.32 in transferring 77,215 shares. Kingston Wharves popped 50 cents in closing at $37.50 in trading 2,599 stocks, Mayberry Investments rose 50 cents to end at $8 with an exchange of 20,000 units, Mayberry Jamaican Equities gained 78 cents to close at $13.78 with investors transferring 3,100 stock units. MPC Caribbean Clean Energy declined $4 to $80 with the swapping of 32 units, NCB Financial increased $1 in closing at $86 with 345,924 stocks clearing the market, 138 Student Living shed $1 to end at $4.50 after trading 35,857 shares. Palace Amusement dropped $107.82 to end at $720 as investors exchanged just six shares, Scotia Group rose $3 to close at $36 with a transfer of 69,965 stock units, Seprod advanced $3.50 to $71 with 12,086 units changing hands. Victoria Mutual Investments popped 61 cents in closing at $4.80 after an exchange of 751 stocks.
In the preference segment, Eppley 5% preference share fell 46 cents to $22.99 with an exchange of 20 stock units and 138 Student Living preference share climbed $7.52 to $50.62 after a transfer of 11 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The Main Market of the Jamaica Stock Exchange pulled back on Thursday, with more stocks prices declining than rising even as the volume of stocks traded more than doubled with a 231 percent increase as 34 percent greater value passed through the market than on Wednesday, with 56 securities trading up from 53 on Wednesday, with 17 rising, 23 declining and 16 ending unchanged.
A total of 13,269,863 shares were exchanged for $57,335,875 versus 4,010,188 units at $42,902,377 on Wednesday.
Trading on Thursday averaged 236,962 units at $1,023,855 versus 75,664 shares at $809,479 on Wednesday and month to date, an average of 166,859 units at $977,324 compared to 130,510 units at $953,197 on the previous trading day. October closed with an average of 231,243 units at $1,464,224.
Wigton Windfarm led trading with 5.77 million shares for 43.5 percent of total volume, Transjamaican Highway followed with 2.88 million units for 21.7 percent of the day’s trade and Pulse Investments with 1.55 million units for 11.7 percent market share.

The All Jamaican Composite Index dipped 2,217.91 points to 394,298.42, the JSE Main Index declined 1,738.67 points to 344,902.91 and the JSE Financial Index dropped 0.72 points to settle at 82.56.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.5 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 two with lower offers.
At the close, Barita Investments declined $1.48 to $95 with the swapping of 5,489 shares, Caribbean Cement climbed $3.40 in closing at $61.50 trading 9,217 stock units, First Rock Real Estate shed $1.44 after ending at $13 in exchanging 201,319 stocks. Jamaica Producers rose $2.80 to finish at $20.60 with the swapping of 2,795 units, JMMB Group advanced 70 cents to close at $37.30 with 23,906 stocks clearing the market, Kingston Wharves lost 50 cents to settle at $37 with 54,906 units changing hands. Mayberry Jamaican Equities rose 87 cents in closing at $13 in switching ownership of 200 stock units, PanJam Investment dipped $1.50 to end at $54.50 after closing with 1,491 shares clearing the market, Sagicor Group dropped $1.10 to $50 after the trading of 29,692 units. Scotia Group fell $2.40 to close at $33 in an exchange of 87,784 stock units, Seprod shed $3.45 to end at $67.50 with investors transferring 8,839 shares, Supreme Ventures dropped 76 cents in closing at $26.70 in an exchange of 8,082 stocks and Victoria Mutual Investments fell 41 cents to end at $4.19 with a transfer of 80,815 stock units.
In the preference segment, Eppley 7.50% preference share dipped 95 cents in ending at 52 weeks’ low of $5.35 after an exchange of 39,000 shares and 138 Student Living preference share lost $11.90 to close at $43.10 with 42 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

The volume of stocks trading on Wednesday dropped 60 percent and the value was 28 percent lower than on Tuesday, following trading in 53 securities compared to Tuesday with 21 rising, 8 declining and 14 ending unchanged.
A total of 4,010,188 shares were exchanged for $42,902,377 versus 10,084,883 units at $60,042,941 on Tuesday.
Trading averaged 75,664 units at $809,479 versus 183,361 shares at $1,091,689 on Tuesday and month to date, an average of 130,510 units at $953,197. October closed with an average of 231,243 units at $1,464,224.
JMMB Group 7.35% – 2028 led trading with 1.08 million shares for 26.9 percent of total volume followed by Wigton Windfarm with 857,861 units for 21.4 percent of the day’s trade and Pulse Investments with 853,000 units for 21.3 percent market share.
The All Jamaican Composite Index rose 126.73 points to 396,516.33, the JSE Main Index gained 596.57 points to 346,641.58 and the JSE Financial Index dipped 0.15 points to settle at 83.28.
The PE Ratio , a formula to ascertain appropriate stock values, averages 13.5 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 seven with lower offers.
At the close, Barita Investments declined $1.52 in closing at $96.48 after exchanging 4,775 shares, Caribbean Cement gained 60 cents to close at $58.10 with the swapping of 1,283 stock units, Caribbean Producers popped 82 cents to $13.35 with investors transferring 82,145 units. Eppley climbed $2.23 to close at $37.43 after transferring 3,126 stocks, Eppley Caribbean Property Fund rose $1.97 to end at $40 with 1,500 shares changing hands, Jamaica Broilers lost 97 cents to close at $28 in trading 44,230 units. Jamaica Producers advanced 53 cents to $17.80 in exchanging 2,355 stocks, Kingston Wharves fell 40 cents in closing at $37.50 with 4,217 stock units clearing the market, Massy Holdings dropped $1.04 after ending at $79.96 in an exchange of 352 units. Mayberry Jamaican Equities dipped $1.69 to end at $12.13 trading 3,581 stock units, 138 Student Living shed 98 cents to close at $5.52 in an exchange of 25 stocks, Proven Investments gained $1.90 to end at $32 after 12,646 shares cleared the market.
In the preference segment, Eppley 7.50% preference share dropped $1.44 in closing at $6.30 with 202 units changing hands and Productive Business Solutions 9.75% preference share rallied $33 to $140 after a transfer of one stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.