Trading on the Jamaica Stock Exchange Main Market jumped sharply on Friday, with an exchange of 103 percent more shares valued 74 percent more than on Thursday, leading to rising stocks exceeding those declining and sending the main indices higher at the close.
The All Jamaican Composite Index popped 1,319.00 points to settle at 429,258.81, the JSE Main Index rallied 1,620.15 points to close at 384,350.94 and the JSE Financial Index climbed 0.18 points to settle at 92.36.
Trading ended with 59 securities compared to 54 on Thursday, with 24 rising, 20 declining and 15 ending unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16.1. The PE ratio for the JSE Main and USD Market closing quotes is based on ICInsider.com earnings forecasts for companies with financial years ending to August 2022.
Overall, 22,970,250 shares were exchanged for $151,749,632 versus 11,327,830 units at $87,135,931 on Thursday. Wigton Windfarm led trading with 13.10 million shares for 57 percent of total volume, followed by JMMB Group 7.5% with 2.66 million units for 11.6 percent of the day’s trade and Transjamaican Highway with 2.15 million units for 9.4 percent market share.
Trading averages 389,326 units at $2,572,028, compared to 209,775 shares at $1,613,628 on Thursday and month to date, an average of 407,288 units at $6,223,499, compared to 408,901 units at $6,551,408 on the previous trading day. February closed with an average of 392,520 units at $3,199,976.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments popped 31 cents in closing at $89.41, with 3,417 shares crossing the market, Berger Paints climbed 69 cents to $12.79 in exchanging just one unit, Caribbean Cement dropped $1 to $69, with 8,944 stock units crossing the exchange. Carreras gained 35 cents to end at $8.75, trading 128,780 units, Eppley fell 55 cents to close at $39.95 with an exchange of 1,951 shares, First Rock Capital increased 66 cents in closing at $11.95 in an exchange of 8,777 units. GraceKennedy rallied 50 cents to close at $102 with the swapping of 168,647 stocks, Guardian Holdings declined $24 to $526 after trading 12 stock units, Jamaica Broilers shed 90 cents to end at $27 in trading 73,134 stocks. Jamaica Stock Exchange rose 57 cents to $17.60 after exchanging 385 shares, JMMB Group lost 50 cents to close at $41 after trading 809,440 stock units, Massy Holdings shed $4.99 to close at $109 while exchanging 39,691 units. Mayberry Jamaican Equities lost 79 cents in closing at $7.11 and finishing trading of 6,922 shares, MPC Caribbean Clean Energy declined $14.45 to end at $101.05 in switching ownership of 84 stock units, Palace Amusement advanced $25 to $975 after 25 stocks crossed the market. Seprod fell 79 cents to $54, with 54,762 units clearing the market, Stanley Motta dropped 42 cents in closing at $5.50, with 1,310 stock units changing hands, Supreme Ventures increased 35 cents in ending at $17.60 after exchanging 9,879 units and Victoria Mutual Investments rallied 30 cents to end at $6.75, with 88,059 stocks changing hands.
In the preference segment, Eppley 7.75% preference share gained 65 cents to close at $20.65 after trading 241 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

NCB Financial traded to an intraday low for the day of $91.01 as demand for the stock melted away made worse by the stock hitting 52 weeks’ lows in the Trinidad and Tobago market, but it closed at $115, with few bids that are weak. Elsewhere market activity ended, with the volume of shares trading declining moderately but the value dropped 44 percent lower than on Wednesday on the Jamaica Stock Exchange Main Market as declining stocks exceeded those rising leaving the market falling at the close on Thursday.

NCB Financial hits a new low on Thursday.

The All Jamaican Composite Index fell 4,466.69 points to settle at 427,939.81, JSE Main Index declined 2,641.22 points to close at 382,730.79 and the JSE Financial Index fell 0.80 points to settle at 92.18.
Trading ended with 54 securities compared to 55 on Wednesday, as 20 rose, 24 fell and 10 ended unchanged.
The PE Ratio, a formula for computing appropriate stock values, averages 16. The PE ratio for the JSE Main and USD Market closing quotes are based on ICInsider.com earnings forecasts for companies with financial years ending up to August 2022.
Overall, 11,327,830 shares traded at $87,135,931 versus 11,622,326 units at $156,171,406 on Wednesday. Wigton Windfarm led trading with 6.08 million shares accounting for 53.6 percent of total volume followed by Transjamaican Highway, 1.30 million units for 11.5 percent of the day’s trade and Sagicor Select Financial Fund, 1.03 million units with 9.1 percent market share.
Trading averages 209,775 units at $1,613,628, compared to 211,315 shares at $2,839,480 on Wednesday and month to date, an average of 408,901 units at $6,551,408, compared to 426,733 units at $6,993,598 on the previous trading day. February closed with an average of 392,520 units at $3,199,976.
Investor’s Choice bid-offer indicator shows ten stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments shed 87 cents to close at $89.10 with an exchange of 33,219 shares, Berger Paints fell 30 cents to close at $12.10 trading 102 stock units, Eppley rallied 60 cents in closing at $40.50, with 199 stocks changing hands. GraceKennedy dropped $1 to end at $101.50, with 366,663 units crossing the market, Guardian Holdings rose $27 in ending at $550 with the swapping of 1,820 units, Jamaica Stock Exchange lost 96 cents to end at $17.03 after 4,495 stock units were traded. JMMB Group popped $1.50 to close at $41.50, with 258,062 stocks crossing the market, Kingston Properties increased $1 in ending at $9.50 while exchanging 35 shares, Kingston Wharves declined $1.51 in closing at $39.49, with 2,495 units clearing the market. Margaritaville advanced $2.20 to $24.20 with 5,300 stock units changing hands, Massy Holdings gained $6.19 in ending at $113.99 after exchanging 26,384 stocks, Mayberry Investments shed 49 cents to close at $6.02 after trading 906 shares. Mayberry Jamaican Equities climbed 84 cents to end at $7.90 in switching ownership of 2,535 shares, MPC Caribbean Clean Energy popped $10.50 in closing at $115.50 in an exchange of 20 stock units, Sagicor Real Estate Fund rose $1.96 to $8.19 in exchanging 36,732 stocks. Supreme Ventures dropped 35 cents in closing at $17.25, with 6,098 units crossing the exchange and Sygnus Real Estate Finance fell 43 cents to end at $16.50 in trading 3,603 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Market activity ended on Tuesday on the Jamaica Stock Exchange Main Market with the volume of shares trading sliding 59 percent as 37 percent less funds entered the market compared to Monday and resulted in rising stocks pressured from those declining.
The All Jamaican Composite Index fell 4,236.02 points to 434,185.95, JSE Main Index dropped 3,408.49 points to close at 386,530.80 and the JSE Financial Index slipped 1.03 points to 94.30.
A total of 49 securities traded down from 59 on Monday, with 14 rising, 18 declining and 17 ending unchanged.
The PE Ratio, the most used formula to compute appropriate stock values, averages 16.1. The PE for JSE Main and USD Market incorporates earnings forecast done by ICInsider.com  for companies with financial years ending to August 2022.
A total of 12,554,479 shares traded for $195,108,057 versus 30,346,423 units at $309,070,966 on Monday. Wigton Windfarm led trading with 3.15 million shares for 25.1 percent of total volume, followed by Sagicor Select Financial Fund with 2.24 million units for 17.9 percent of the day’s trade and QWI Investments with 1.19 million units for 9.5 percent market share.
Trading averages 256,214 units at $3,981,797, compared to 514,346 shares at $5,238,491 on Monday and month to date, an average of 448,354 units at $7,410,526, down from 467,221 units at $7,747,214 on the previous trading day. February closed with an average of 392,520 units at $3,199,976.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and one with lower offers.
At the close, Caribbean Cement shed $1.10 to close at $68.90 trading 7,575 shares, Eppley rose $1.20 to $41.50 after 1,358 stock units crossed the market, Jamaica Stock Exchange gained $1.01 in ending at $18.01, with 215,905, with stocks changing hands. Key Insurance popped 42 cents to $4.70, with 8,532 units clearing the market, Kingston Properties dropped $1 to $8.50 in switching ownership of 11,259 shares, Kingston Wharves popped $1.50 to $41 after exchanging 200 stocks. Massy Holdings jumped $8 in closing at $107, finishing at 108,561 stock units, Mayberry Investments lost 75 cents to close at $6.50 after exchanging 537 units, MPC Caribbean Clean Energy dropped $19 to end at $100 with an exchange of 92 shares. NCB Financial rallied $2.25 to $119 while exchanging 34,372 stock units, PanJam Investment declined 50 cents to end at $68 in exchanging 45,596 units, Proven Investments fell $1.10 in closing at $35 after 14,131 stocks changed hands. Sagicor Group lost $3 after ending at $58 in an exchange of 605,621 stocks, Seprod climbed $2.10 to close at $57.50, with 7,462 units crossing the market, Victoria Mutual Investments fell 30 cents to $6.45, with 10,788 shares crossing the exchange and Wisynco Group shed 42 cents to close at $19.10 with the swapping of 93,865 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.