Rally for JSE Main Market

Market activity on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 42 percent with an 85 percent lower value than on Friday, leading to gains in the major indices after 60 securities were exchanged compared to 58 on Friday, resulting in 23 rising, 27 declining and 10 ending unchanged.
Investors traded 12,286,844 shares for $70,856,504 against 21,314,565 units at $485,002,686 on Friday.
Trading averaged 204,781 shares at $1,180,942 versus 367,493 stock units at $8,362,115 on Friday and month to date, an average of 213,094 units at $3,048,601, against 213,626 units at $3,168,195 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 4.23 million shares for 34.4 percent of total volume, followed by Wigton Windfarm with 3.16 million units for 25.7 percent of the day’s trade and Sagicor Select Financial Fund with 2.52 million units for 20.5 percent market share.
The All Jamaican Composite Index advanced 3,865.75 points to 410,694.24, the JSE Main Index rallied 2,301.06 points to 358,399.27 and the JSE Financial Index gained 0.62 points to close at 85.48.
The PE Ratio, a formula 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 11 stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Barita Investments gained $4 to close at $98 after trading 293,687 shares, Caribbean Cement popped $1.48 to $62.48 after 5,402 units crossed the exchange, Carreras increased 48 cents to $8.98 with a transfer of 63,210 stocks. Eppley climbed $2.51 to $41 in trading 2,335 stock units, First Rock Real Estate dropped $1.50 to $12 as investors exchanged 2,785 stock units, Guardian Holdings fell $24.97 to close at $495 in switching ownership of 712 units. Jamaica Stock Exchange declined 50 cents to $15.50, with 4,355 shares crossing the market, Kingston Properties advanced $1.05 in closing at $7 after exchanging 4,313 stocks, Kingston Wharves shed $6 to $38, with 20,715 stocks changing hands. Massy Holdings lost $7.90 to end at $82.10 after exchanging 310 shares, 138 Student Living dipped 96 cents to close at $5.54 with an exchange of 4,066 stock units, Palace Amusement rallied $19.95 to $750 after exchanging 119 units. PanJam Investment dropped $1.49 to $58.50 while exchanging 26 stocks, Sagicor Group rose $3.50 in closing at $53.50 with the swapping of 29,523 units, Scotia Group rallied $2 to end at $35.50, with 408 shares clearing the market. Seprod climbed $1.95 to $67 after a transfer of 5,676 stock units, Supreme Ventures lost $2.40 to end at $27.60, with 403,709 stock units changing hands and Sygnus Real Estate Finance shed $1.64 in closing at $9.27 in an exchange of 1,133 shares.
In the preference segment, Productive Business Solutions 9.75% preference share dipped 50 cents to $139.50 and closed with 198 stocks traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Barita corners a third of value traded

Barita trading high volumes since announcing to buy shares to populate the staff option portfolio.

Barita Investments, one of the volume leaders in the Main Market on Friday accounted for more than a third of the value of stocks traded on the Jamaica Stock Exchange Main Market and helped to push the volume of stocks traded up 211 percent and the value 491 percent higher than on Thursday, with 58 securities trading compared to 56 on Thursday, with prices of 25 rising, 19 declining and 14 ending unchanged.
Investors exchanged 21,314,565 shares for $485,002,686 up from 6,862,645 units at $82,023,834 on Thursday. Trading averaged 367,493 units at $8,362,115, versus 122,547 shares at $1,464,711 on Thursday and month to date, an average of 213,626 units at $3,168,195, compared to 203,473 units at $2,825,479 on the previous day. August closed with an average of 738,534 units at $5,975,613.
Transjamaican Highway led trading with 9.18 million shares for 43.1 percent of total volume followed by Supreme Ventures with 4.71 million units for 22.1 percent of the day’s trade, Barita Investments ended with 1.74 million units for 8.2 percent of trade share and Massy Holdings with 1.23 million units for 5.8 percent market share.
The All Jamaican Composite Index increased 1,975.07 points to 406,828.49, the JSE Main Index increased 284.34 points to 356,098.21 and the JSE Financial Index gained 0.60 points to settle at 84.86.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.9 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 11 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments popped $3 to $94 with 1,743,018 shares crossing the exchange, Caribbean Cement rose $1.70 to $61 as investors exchanged 21,036 stock units, Caribbean Producers rose 75 cents to $14 in an exchange of 23,344 stocks. Carreras dropped 49 cents to end at $8.50 with 204,917 units crossing the market, Eppley lost $2.01 to close at $38.49 with the swapping of 514 stock units, First Rock Real Estate climbed $2 to $13.50 while exchanging 89,910 stocks. GraceKennedy dipped $1.25 to end at $92 in switching ownership of 139,928 units, Guardian Holdings gained $24.87 to close at $519.97 with a transfer of 250 shares, Jamaica Broilers advanced $1.10 to $29.30 with an exchange of 21,115 stock units. Jamaica Stock Exchange fell 49 cents in closing at $16 after trading 19,419 units, Kingston Properties declined $1.05 in ending at a 52 weeks’ low of $5.95 after a transfer of 59,297 stocks, Kingston Wharves rallied $5.10 to $44, with 44,779 shares clearing the market. Massy Holdings increased $5 in closing at $90, with 1,229,433 units changing hands, Mayberry Jamaican Equities climbed $3.01 to end at $13.01 with investors transferring 414,835 stock units, Palace Amusement shed $119.95 to close at $730.05 trading two shares. PanJam Investment rallied $1.69 to close at $59.99 after exchanging 33,816 stocks, Portland JSX advanced $1.52 to end at $10.52 in trading 501 units, Supreme Ventures rose $1.65 to $30 in exchanging 4,714,407 stocks. Sygnus Real Estate Finance gained $1.42 after ending at $10.91, with 200 stock units changing hands.
In the preference segment, Eppley 7.50% preference share lost $1.33 in closing at $6, with 200 shares crossing the market and Productive Business Solutions 9.75% preference share fell $9.50 in ending at $140 after exchanging two shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading climbs on the JSE US dollar market

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks exchanged rising 109 percent, valued 15 percent lower than in trading on Thursday, resulting in action in eight securities, compared to four on Thursday with three rising, one declining and four ending unchanged.
Overall, 468,198 shares were traded for US$30,924 compared to 223,783 units at US$36,555 on Thursday.
Trading averaged 58,525 shares at US$3,866 versus 55,946 units at US$9,139 on Thursday, with the month to date averaging 54,253 shares at US$4,801 versus 53,973 units at US$4,863 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index gained 0.96 points to end at 202.62.
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 ended with a bid higher than the last selling prices and none with a lower offer.
At the close, First Rock Real Estate USD share remained at 5 US cents, with 301,294 shares crossing the market, MPC Caribbean Clean Energy ended at US$1 with a transfer of 2 stock units, Proven Investments popped 1 cent to 21 US cents and closed with 44,288 units changing hands. Sygnus Credit Investments USD share advanced 1.96 cents to close at 10.96 US cents, with 1,963 stocks clearing the market and Transjamaican Highway gained 0.04 of a cent in closing at 0.94 of one US cent as investors exchanged 117,255 stocks.
In the preference segment, Eppley 6% preference share ended at US$1.13 after exchanging 15 shares, JMMB Group 5.75% fell 5 cents to close at US$1.75, with 2,881 stock units crossing the exchange and JMMB Group 6% remained at US$1.05 in switching ownership of 500 units.

Main Market treading drops

The Jamaica Stock Exchange Main Market ended on Thursday, with modest gains following a 37 percent fall in the volume of stocks traded as 59 percent less money entered the market compared to Wednesday, with 56 securities trading compared to 52 on Wednesday, resulting in prices of 15 stocks rising, 23 declining and 18 unchanged.
Investors traded 6,862,645 shares for $82,023,834 down from 10,894,043 units at $200,361,949 on Wednesday. Trading averages 122,547 units at $1,464,711, versus 209,501 shares at $3,853,114 on Wednesday and month to date, an average of 203,473 units at $2,825,479, compared to 208,980 units at $2,918,070 on the previous day. August closed with an average of 738,534 units at $5,975,613.

Transjamaican Highway led trading with 1.78 million shares for 25.9 percent of total volume followed by Sagicor Select Financial Fund with 1.14 million units for 16.6 percent of the day’s trade and Wigton Windfarm with 622,424 units for 9.1 percent market share.
The All Jamaican Composite Index advanced 59.03 points to 404,853.42, the JSE Main Index rallied 327.78 points to 355,813.87 and the JSE Financial Index gained 0.07 points to settle at 84.26.
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 ten stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments advanced $3 to $91 in an exchange of 348,765 shares, Caribbean Cement dropped $3 to end at $59.30 after trading 57,589 stock units, Caribbean Producers fell 55 cents to $13.25 with the swapping of 88,466 stocks. Eppley rose $1.48 in closing at $40.50, with 69 units crossing the market, Eppley Caribbean Property Fund gained $1.58 to close at $43.98 with investors transferring 2,537 stock units, Jamaica Broilers dipped $1.10 to close at $28.20 after an exchange of 8,179 units. Jamaica Stock Exchange declined 51 cents to end at $16.49, with 58,696 shares crossing the market, Massy Holdings fell $1.01 to $85 with a transfer of 808 stocks, Mayberry Jamaican Equities shed $2.56 in ending at $10 after exchanging 4,400 units. MPC Caribbean Clean Energy increased $16 in closing at $84 with a mere two stock units traded, NCB Financial dipped $1 to $89 in trading 123,829 shares, Proven Investments declined 50 cents in closing at $30.01 after exchanging 35,422 stocks. Sagicor Group dropped 49 cents to $50.01 after trading 26,985 units, Scotia Group lost $1 to close at $33.50 after 23,423 stock units changed hands and Seprod shed $3 to end at $65, with 52,792 stocks crossing the exchange.
In the preference segment, Eppley 7.50% preference share popped 67 cents to end at $7.33 as investors exchanged 1,099 shares and 138 Student Living preference share fell $1.75 to $50, with 11 stocks clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading falls on JSE Main Market

Market activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded declining 18 percent with 58 percent less value than Tuesday, resulting in 52 securities trading compared to 56 on Tuesday, with 21 rising, 19 declining and 12 ending unchanged.
A total of 10,894,043 shares were exchanged for $200,361,949, down from 13,347,493 units at $482,583,082 on Tuesday. Trading averages 209,501 units at $3,853,114, versus 238,348 shares at $8,617,555 on Tuesday and month to date, an average of 208,980 units at $2,918,070, compared to 208,945 units at $2,855,006 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 3.89 million shares for 35.7 percent of total volume followed by Barita Investments with 1.29 million units for 11.9 percent of the day’s trade and Transjamaican Highway with 1.11 million units for 10.2 percent market share.
The All Jamaican Composite Index fell 299.62 points to 404,794.39, the JSE Main Index climbed 2,095.04 points to 355,486.09 and the JSE Financial Index slipped 0.33 points to 84.19.
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 seven stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints climbed 70 cents in closing at $11 after a transfer of 2,632 shares, Caribbean Cement gained $3 in ending at $62.30 with the swapping of 328,555 units, Caribbean Producers rose 57 cents to close at $13.80 with an exchange of 38,509 stocks. Carreras rallied 50 cents to $8.98, with 195,813 stock units clearing the market, Eppley Caribbean Property Fund advanced $3.40 to end at $42.40 changing hands 1,598 shares, First Rock Real Estate shed 75 cents to end at $11.50 in an exchange of 500 stock units. Jamaica Broilers increased 80 cents to $29.30 after exchanging 566,400 stocks, Jamaica Producers dipped $1.94 to $19.02 after exchanging 1,584 units, Jamaica Stock Exchange popped 49 cents to $17, with 20,556 shares crossing the market. JMMB Group fell 60 cents to close at $39.50 trading 468,760 stocks, Kingston Wharves advanced $4 in closing at $39 in switching ownership of 594 stock units, Massy Holdings lost $3.94 to $86.01 after trading 260 units. Mayberry Jamaican Equities increased 66 cents to close at $12.56, with 100,835 shares crossing the market, 138 Student Living rose 77 cents to end at $6.29 with an exchange if seven stock units, Portland JSX dropped 91 cents in ending at $9 as investors exchanged 2,500 stocks. Sagicor Group declined 50 cents to end at $50.50 in exchanging 141,695 units, Scotia Group dipped 50 cents to $34.50 while exchanging 7,460 units, Seprod popped $6 to $68 in trading 9,260 stocks and Supreme Ventures declined 50 cents in closing at $28.50 after trading 32,152 shares.
In the preference segment, 138 Student Living preference share shed $11.79 to close at $51.75 with investors transferring 109 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Rising JSE USD stocks edge out decliners

Trading on the Jamaica Stock Exchange US dollar market ended on Wednesday, with a 153 percent jump in the volume of stocks exchanged, with a 205 percent higher value than on Tuesday, resulting in four securities trading, compared to five on Tuesday with the prices of two rising, one declining and one ending unchanged.
Overall, 122,203 shares traded for US$20,869, up from 48,397 units at US$6,844 on Tuesday.
Trading averaged 30,551 shares at US$5,217 versus 9,679 units at US$1,369 on Tuesday, with a month to date average of 53,906 shares at US$4,718 versus 54,726 units at US$4,700 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index slipped 0.11 points to end at 199.63.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.4. 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 none ended with a bid higher than the last selling prices and one stock with a lower offer.
At the close, First Rock Real Estate USD share shed 0.99 of one cent to close at 4.01 US cents after trading 12,900 shares, Proven Investments rallied 0.04 of a cent in ending at 20.55 US cents after the trading of 100,064 units, Sygnus Credit Investments USD share ended at 10 US cents trading 7,239 stocks and Transjamaican Highway gained 0.08 of a cent to 0.9 of one US cent, with 2,000 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading jumps on JSE Main Market, prices fall

Market activity jumped on the Jamaica Stock Exchange Main Market on Tuesday, but that could not save the market from sinking at the close with the volume of stocks traded rising 58 percent with the value jumping 261 percent higher than Monday, after 56 securities traded similar to Monday, and resulting in prices of 18 rising, 22 declining and 16 ending unchanged.
A total of 13,347,493 shares were exchanged for $482,583,082 up from 8,448,292 units at $133,833,060 on Monday. Trading averages 238,348 units at $8,617,555, versus 150,862 shares at $2,389,876 on Monday and month to date, an average of 208,945 units at $2,855,006 compared to 206,642 units at $2,403,674 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 2.99 million shares for 22.4 percent of total volume followed by Barita Investments with 2.56 million units for 19.2 percent of the day’s trade, Transjamaican Highway with 1.93 million units for 14.5 percent market share, Massy Holdings with 1.70 million units for 12.8 percent of the market and PanJam Investment ended with 1.05 million units for 7.8 percent of trading.
The All Jamaican Composite Index dropped 4,194.74 points to 405,094.01 the JSE Main Index dived 5,837.99 points to 353,391.05 and the JSE Financial Index slipped 1.02 points to 85.54.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.1 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 nine stocks ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Barita Investments advanced 67 cents to $87.65 and closed with 2,563,691 shares being traded, Berger Paints shed $1.02 in closing at $10.30 while exchanging 1,044 stock units, Caribbean Producers lost 44 cents after ending at $13.23, with 16,741 stocks changing hands. Carreras dropped 52 cents to $8.48 after 44,622 units crossed the market, Eppley Caribbean Property Fund fell $3 to close at $39, with an exchange of 12,993 units, Jamaica Producers popped 46 cents to end at $20.96 in trading 7,127 shares. Kingston Wharves declined $2.50 to $35 after 37,915 stocks crossed the exchange, Massy Holdings climbed $2.95 to $89.95 after trading 1,703,213 stock units, MPC Caribbean Clean Energy dipped $16 to close at $68, with 44 stock units clearing the market. Palace Amusement increased $5 in closing at $850 after exchanging 91 units, PanJam Investment declined $1 to $58 with the swapping of 1,045,185 shares, Sagicor Group dropped $1.30 to end at $51 in exchanging 173,099 stocks. Seprod shed $7.50 to $62 with a transfer of 28,262 shares and Supreme Ventures lost 50 cents in closing at $29 after exchanging 45,951 stock units.
In the preference segment, Eppley 7.50% preference share fell $1.18 to $6.66 after a transfer of 323 stocks. Eppley 7.75% preference share gained $1 to close at $21 in an exchange of 59 units, 138 Student Living s preference share dipped $11.21 to $63.54 as investors exchanged 600 stock units and Productive Business Solutions 9.75% preference share dipped 50 cents in closing at $149.50 with investors transferring 130 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage in JSE USD market

Trading on the Jamaica Stock Exchange US dollar market ended on Monday, with the volume of stocks exchanged declining 82 percent and valued 63 percent less than on Friday, resulting from trading in nine securities, the same as on Friday with prices of four rising, three declining and two ending unchanged.
Overall, 223,078 shares were traded for US$13,623 compared to 1,269,887 units at US$37,144 on Friday. Trading averaged 24,786 units at US$1,514, down from 141,099 shares at US$4,127 on Friday, with a month to date average of 56,792 shares at US$4,853 versus 59,673 units at US$5,153 on the previous trading day. August ended with an average of 53,206 units for US$7,288.
The JSE US Denominated Equities Index lost 5.19 points to end at 207.72.
The PE Ratio, a measure used in computing appropriate stock values, averages 8.2. 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 none with a lower offer.
At the close, First Rock Real Estate USD share increased 0.1 of a cent to close at 5 US cents as investors exchanged 175,180 shares, MPC Caribbean Clean Energy remained at US$1 trading one stock, Productive Business Solutions ended at US$1.3225 in an exchange of 171 units. Proven Investments lost 1.49 cents to end at 20.51 US cents after trading 3,000 stock units, Sterling Investments advanced 0.01 of a cent to 2.1 US cents, with 8,350 stocks crossing the market, Sygnus Credit Investments USD share dipped 1 cent to close at 10 US cents in switching ownership of 33,991 units. Sygnus Real Estate Finance USD share rose 1.72 cents in ending at 12.38 US cents in trading 786 stock units and Transjamaican Highway declined 0.08 of a cent to 0.82 of one US cent with a transfer of 1,593 shares.
In the preference segment, JMMB Group 6% climbed 5 cents to end at US$1.10 after trading 6 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market stocks gain

Stocks rose on Monday on the Jamaica Stock Exchange Main Market, as the volume of stocks traded rising 11 percent with a 23 percent fall. In value compared to Friday, following activity in 56 securities up from 54 on Friday, resulting in 27 rising, 21 declining and eight ending unchanged.
A total of 8,448,292 shares were traded for $133,833,060 compared to 7,640,097 units at $172,839,636 on Friday.
Monday’s trading averaged 150,862 units at $2,389,876 versus 141,483 shares at $3,200,734 on Friday and month to date, an average of 206,642 units at $2,403,674 compared to 211,382 units at $2,404,846 on the previous trading day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 4.18 million shares for 49.5 percent of total volume followed by Transjamaican Highway with 864,808 units for 10.2 percent of the day’s trade and Barita Investments with 712,307 units for 8.4 percent market share.
The All Jamaican Composite Index climbed 1,243.77 points to 409,288.75, the JSE Main Index advanced 727.77 points to 359,229.04 and the JSE Financial Index gained 0.20 points to settle at 85.54.
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 ended with bids higher than their last selling prices and one stock with a lower offer.
At the close, Barita Investments rose 58 cents to $86.98, trading 712,307 shares, Berger Paints climbed 79 cents to $11.32 in switching ownership of 269,675 units, Eppley dropped $1.49 to $39.01 in an exchange of 700 stock units. Jamaica Broilers fell $1.50 to $28.50 after transferring 34,709 stocks, Jamaica Producers advanced $1 to $20.50, with 6,958 units crossing the exchange, Jamaica Stock Exchange popped 56 cents in closing at $16.50 after trading 14,324 shares. JMMB Group shed $1.39 to close at $40.11 trading 197,333 stock units, Mayberry Investments rallied 45 cents to $8 in exchanging 2,877 stocks, MPC Caribbean Clean Energy increased by 50 cents to $84 with investors transferring 148 units. NCB Financial gained $1.19 to $89.70 in exchanging 96,142 shares, PanJam Investment rose 70 cents to $59 after a transfer of 30,000 stocks, Proven Investments declined $1.96 to close at $30.02 with an exchange of 8,218 stock units. Sagicor Group lost $1.21 in closing at $52.30 with the swapping of 9,259 units, Salada Foods popped 58 cents to end at $4.68 while exchanging 28,857 shares, Seprod dipped 40 cents to $69.50 after 389 stocks crossed the market and Supreme Ventures rallied $2 to $29.50 and closed after 44,852 stock units changed hands.
In the preference segment, Eppley 5% preference share lost $3Sharon ending at $20.31, with two shares clearing the market,Jamaica Public Service 9.5% dropped $350to $2650 after exchanging 6,511 stock units. JMMB Group 7% preference share increased 55 cents to end at $2.50 crossing the market 19,040 stocks. Investors continue to push two preference shares to unrealistic values that defile logic, with 138 Student Living preference share advancing $9.75 to close at a record high of $74.75 after trading 78 units and Productive Business Solutions 9.75% preference share gaining $5 to $150 as investors exchanged six stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading climbs on JSE main market

More shares were traded on the Jamaica Stock Exchange Main Market on Friday, than on Thursday with the market value falling at the close after the volume of stocks traded rose 67 percent and the value jumped 204 percent more than on Thursday, with 54 securities trading compared to 50 on Thursday, with 23 rising, 20 declining and 11 ending unchanged.
A total of 7,640,097 shares were exchanged for $172,839,636, up from 4,582,527 units at $56,809,986 on Thursday. Trading averaged 141,483 units at $3,200,734 versus 91,651 shares at $1,136,200 on Thursday and month to date, an average of 211,382 shares at $2,404,846 compared to 217,620 units at $2,333,808 on the prior day. August closed with an average of 738,534 units at $5,975,613.
Wigton Windfarm led trading with 1.67 million shares for 21.8 percent of total volume followed by JMMB Group with 1.34 million units for 17.5 percent of the day’s trade and PanJam Investment with 1.02 million units for 13.4 percent market share.
The All Jamaican Composite Index shed 582.84 points to end at 408,044.98, the JSE Main Index fell 1,441.22 points to end the week at 358,501.27 and the JSE Financial Index popped 0.08 points to close at 85.34.
The PE Ratio, a formula to ascertain appropriate stock values, averages 13.4 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 nine stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, Caribbean Cement lost $3.30 in closing at $59.10 after exchanging 2,724 shares, Eppley rose $1.49 to close at $40.50, with 561 stock units crossing the market, GraceKennedy declined 50 cents to $93, with an exchange of 20,390 stocks. Guardian Holdings dipped $4 to $495 in exchanging 4,371 units, Jamaica Broilers climbed $1.50 to  $30 as investors traded 112,061 shares, Jamaica Producers gained 45 cents to end at $19.50 in switching ownership of 3,198 stock units. Jamaica Stock Exchange shed 54 cents to close at $15.94 while exchanging 20,184 units, Massy Holdings dropped $3 in closing at $87, with 8,259 stocks changing hands, Mayberry Jamaican Equities fell $1 to $12 with a transfer of 6,110 shares. NCB Financial fell 49 cents to $88.51, with 80,705 units changing hands, Palace Amusement rallied $114.98 to $845 with investors transferring four stocks, PanJam Investment dipped 70 cents to close at $58.30, with 1,020,796 stock units clearing the market. Proven Investments popped 43 cents to end at $31.98 after a transfer of 24,698 shares, Sagicor Group increased 51 cents in ending at $53.51 after trading 1,856 stock units, Scotia Group advanced 50 cents in closing at $35, with 169,077 units crossing the market.Seprod rose 88 cents in ending at $69.90 after an exchange of 66,269 stocks and Supreme Ventures shed 51 cents to close at $27.50 in trading 89,674 stocks.
In the preference segment, Eppley 5% preference share gained $2.01 to end at a 52 weeks’ high of $23.90 in exchanging two units and Eppley 7.50% preference share increased 40 cents to $7.90 after trading 27 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.