Barita Investments climbed $11.54 to a record high of $115.04 in market activity on the Jamaica Stock Exchange Main Market on Friday after 6.5 million of the company’s shares were traded for a consideration of $706 million, at the end of trading there were only two lots on offer with the lowest offer of 7,200 shares at $140 and the other includes just 50 units at $200, three bids closed at $115 and $115.04 to buy over 400,000 shares.

Barita headquarters

Barita was not the only big as Sagicor Real Estate Fund led trading with 189.69 million shares for 89.3 percent of total volume, valued $1.56 billion. Sagicor Select Financial Fund with 7.07 million units for 3.3 percent of the day’s trade followed. The Barita Investments trade accounted for 3.1 percent of stocks trading. Stanley Motta traded 1.77 million units for 0.8 percent market share, Sagicor Select Manufacturing and Distribution Fund ended with 1.36 million units for 0.6 percent of market activity and Transjamaican Highway saw trading of 1.06 million units for 0.5 percent market share.
The total volume of stocks traded increased by 14 percent with 203 percent greater consideration than Thursday, resulting in trading in 60 securities compared to 50 on Thursday, with 36 rising, 15 declining and 11 ending unchanged.
A total of 212,535,654 shares were exchanged for $2,391,952,140 up from 186,827,923 units at $789,529,362 on Thursday. Trading averages 3,542,261 units at $39,865,869,  compared to  3,736,558 shares at $15,790,587 on Thursday and month to date, an average of 533,719 units at $5,494,321 versus 377,970 units at $3,714,948 on the previous trading day. August closed with an average of 533,719 units at $5,494,282. The All Jamaican Composite Index popped 3,872.20 points to 413,943.31, the JSE Main Index rallied 3,792.45 points to 361,691.60 and the JSE Financial Index gained 1.47 points to settle at 87.70.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.2 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 20 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments climbed $11.54 to $115.04, with 6,539,692 stocks crossing the market, Berger Paints dipped $1.30 to end at $10 after a transfer of 4,259 units. Caribbean Producers fell 75 cents to close at $13.14 in exchanging 15,371 stock units, Eppley Caribbean Property Fund advanced $3.04 to end at $49.99 in trading 26,168 shares, First Rock Real Estate rallied 40 cents to close at $1, with 1,163 units changing hands. GraceKennedy declined 47 cents in closing at $89.50 with the swapping of 298,310 units, Guardian Holdings increased $10 to $510 after exchanging 106 stocks, Jamaica Broilers rose 50 cents to $29.50 as investors exchanged 137,737 stock units, Jamaica Producers gained $1.74 to end at $20.74, with 169,921 stock units crossing the market, Jamaica Stock Exchange climbed $2.52 to $17.60 in trading 103,903 units, JMMB Group dipped 50 cents to $39.50 with a transfer of 375,498 shares. Kingston Properties advanced $1 to $8, with 935,835 stock units crossing the exchange, Kingston Wharves gained $1 to end at $38 in exchanging 25,446 units, Margaritaville lost $4.45 in closing at $22 with investors transferring 1,237 shares. Massy Holdings increased 90 cents to end at $82 in switching ownership of 525 stocks, Mayberry Jamaican Equities popped 72 cents to close at $13.35 with an exchange of 2,450 stocks, Proven Investments shed 92 cents in closing at $30.08, with 3,497 stock units changing hands. Sagicor Group rose $2.01 ending at $53.51 in finishing treading of 285,915 shares, Scotia Group rallied $1.90 to $35.90 with 61,627 units clearing the market, Seprod rose $1.95 to $67 while exchanging 6,208 stock units. Supreme Ventures shed 50 cents in closing at $27 in trading 75,206 units and Sygnus Real Estate Finance increased $1.24 to $10.30 while exchanging 4,000 stocks.
In the preference segment, Jamaica Public Service 9.5% climbed $10 to $2800 after 127 shares crossed the market, 138 Student Living preference share advanced $11.50 to close at $69, with 1,891 stocks changing hands and newly listed Productive Business Solutions preference share popped $200 in closing at $1200 in an exchange of 43 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 168 percent with  231 percent higher value than Tuesday, with Barita Investments accounting for 49 percent of the total value of stocks traded on the Main Market after activity ended in 57 securities compared to 55 on Tuesday, with 19 rising, 21 declining and 17 ending unchanged.

Barita Investments headquarters

A total of 28,254,323 shares were traded for $365,934,690 versus 10,530,582 units at $110,705,795 on Tuesday.
Trading on Wednesday averaged 495,690 units at $6,419,907 versus 191,465 shares at $2,012,833 on Tuesday and month to date, an average of 226,546 units at $3,170,510, compared with 211,963 stock units at $2,994,449 on the previous day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 17.70 million shares for 62.6 percent of total volume, followed by Wigton Windfarm with 2.62 million units for 9.3 percent of the day’s trade, Barita Investments ended with 1.80 million units for 6.4 percent of the market, Pulse Investments with 1.26 million units for 4.4 percent of shares traded and Massy Holdings with 1.13 million units for 4 percent market share.
The All Jamaican Composite Index dropped 388.89 points to end at 408,412.37, the JSE Main Index shed 2,103.56 points to 356,047.27 and the JSE Financial Index popped 0.26 points to settle at 86.13.
The PE Ratio, a formula used to ascertain appropriate stock values, averages 13.8 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 climbed $3.85 to $102.85 in trading 1,797,206 shares, Caribbean Cement popped $1.70 to end at $61, with 3,236 stock units crossing the market, Carreras gained 48 cents in closing at $8.88 after exchanging 58,865 stocks. Eppley dipped 40 cents to $38.50 after trading 500 units, First Rock Real Estate increased $1.75 to close at $13.75, with 133,786 units clearing the market, GraceKennedy dropped 80 cents to close at $90, with 116,985 stocks changing hands. Guardian Holdings fell $3 to $497 in an exchange of 114 shares, Kingston Wharves advanced $1 in ending at $37 as investors exchanged 2,918 stock units, Massy Holdings declined 55 cents in closing at $87.45, after 1,129,652 stocks changed hands. Mayberry Jamaican Equities rose $1.58 to end at $12.63 with an exchange of 141,470 shares, NCB Financial rallied $1 to end at $90, with a transfer of 100,439 stock units, Proven Investments shed $1.98 in closing at $30.02, with 4,100 units crossing the exchange. Salada Foods lost 47 cents in ending at $4.21 after exchanging 26,641 stocks, Seprod shed $2.47 to close at $64.53 in switching ownership of 16,339 units and Stanley Motta declined 40 cents to end at $4.50 after trading 33,339 shares and Supreme Ventures rose 40 cents to $27.50 with the swapping of 288,623 stock units.
In the preference segment, 138 Student Living preference share rallied $7.50 to close at $57.50 with investors transferring 256 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 14 percent as 56 percent more funds passed through the market than on Monday, following trading in 55 securities compared to 60 on Monday, with 17 rising, 21 declining and 17 ending unchanged.
At the close, 10,530,582 shares were exchanged for $110,705,795 ccompared to 12,287,344 units at $70,856,504 on Monday.
Wednesday’s trading averaged 191,465 units at $2,012,833 versus 204,781 shares at $1,180,942 on Monday and month to date, an average of 211,963 units at $2,994,449 versus 213,094 units at $3,048,601 on the previous day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 3.21 million shares for 30.5 percent of total volume followed by Pulse Investments with 2.50 million units for 23.7 percent of the day’s trade and Sagicor Select Financial Fund with 702,867 units for 6.7 percent market share.
The All Jamaican Composite Index declined 1,892.98 points to 408,801.26, the JSE Main Index fell 248.44 points to 358,150.83 and the JSE Financial Index rallied 0.39 points to settle at 85.87.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.7 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 ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments popped $1 to $99, with 151,286 shares crossing the market, Caribbean Cement dipped $3.18 to $59.30 in an exchange of 144,468 stock units, Carreras declined 58 cents to $8.40 in trading 279,235 units. Eppley shed $2.10 to $38.90 with an exchange of 61 stocks, GraceKennedy fell $1.19 to close at $90.80 with investors transferring 75,728 units, Guardian Holdings rallied $5 to $500 with the swapping of 208 stocks. Jamaica Stock Exchange advanced 99 cents to $16.49 after 68,349 stock units crossed the market, Kingston Wharves lost $2 to close at $36 trading 12,169 shares, Massy Holdings gained $5.90 in closing at $88 after 530 stocks crossed the exchange. Mayberry Investments dropped 40 cents to close at $7.50 trading 352,655 shares, Mayberry Jamaican Equities dipped $1.95 to $11.05 as investors exchanged 80,083 units, 138 Student Living increased 96 cents to end at $6.50 after exchanging 5,015 stock units. PanJam Investment rose $1.49 in closing at $59.99, with 406,254 stock units clearing the market, Proven Investments climbed $1.80 to close at $32, with 22,884 units changing hands, Sagicor Group shed $2 in ending at $51.50 after an exchange of 35,774 shares. Scotia Group lost 50 cents to end at $35 in exchanging 1,276 stocks and Supreme Ventures declined 50 cents to $27.10 in switching ownership of 112,085 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.