Market activity ended on Friday, with the volume of shares trading declining moderately and the value of the trades rising 27 percent over that on Thursday on the Jamaica Stock Exchange Main Market resulting in an equal number of stocks advancing and declining stocks.
The All Jamaican Composite Index slipped 82.69 points to close at 443,617.32, the JSE Main Index dived 2,627.64 points to 400,578.43 and the JSE Financial Index lost 0.94 points to end at 96.51.
Trading ended with 53 securities down from 50 on Thursday, with 21 rising, 21 declining and 11 ending firm.
The PE Ratio, a measure used in the computation of appropriate stock values, averages 15.6. The PE ratio for the JSE Main and USD Market closing quotes are based on earnings forecasted by ICInsider.com for companies with financial years ending between now and July 2022.
Trading ended with 9,856,555 shares changing hands for $101,827,766 versus 10,649,478 units at $80,317,054 on Thursday. Wigton Windfarm led trading with 29.1 percent of total volume after a transfer of 2.87 million shares, followed by Pulse Investments 11 percent with 1.09 million units and JMMB Group 7.5% with 10.7 percent for an exchange of 1.05 million units.
Trading averages 185,973 units at $1,921,279, compared to 212,990 shares at $1,606,341 on Thursday and month to date, an average of 232,419 units at $2,598,803, compared to 235,838 units at $2,648,677 on Thursday. September closed with an average of 335,669 units at strong>$7,507,404.
Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and none with lower offers.
At the close of trading, Berger Paints fell 33 cents to end at $14.50 with 187 shares crossing the market, Caribbean Producers fell 22 cents to $6.60 in exchanging 237,559 stock units, Ciboney Group dipped 22 cents in closing at 80 cents after 681,345 stocks cleared the market. Eppley advanced by $2 to close at $37 with the swapping of 711 units, GraceKennedy shed 95 cents to close at $100.05 with an exchange of 279,338 stock units, Guardian Holdings dived $58 to end at $515 in a transfer of 27,752 stocks. Jamaica Producers fell $1.95 to $20.05 in an exchange of 743,969 shares, JMMB Group spiked 50 cents to close at $38 with 232,367 units changing hands, Kingston Wharves popped 20 cents to settle at $43.35 in trading 16,925 shares. Margaritaville slipped 40 cents to $14.30 after exchanging 30 stock units, Mayberry Jamaican Equities lost 21 cents to close at $8.79 in switching ownership of 201 units, NCB Financial climbed $4 to $130 with an exchange of 16,063 stocks.
PanJam Investment rose 75 cents in closing at $64, with 11,021 units crossing the exchange, Portland JSX declined $2.70 to $7.50 in trading 5,400 stock units, Sagicor Group shed 97 cents in ending at $52 after an exchange of 48,753 stocks. Sagicor Real Estate Fund lost 50 cents to close at $8 with the swapping of 20,200 shares, Seprod advanced $2.60 to $63.50 with a transfer of 4,291 stocks, Stanley Motta rallied 60 cents to $5.90 with the swapping of 8,215 stock units. Sterling Investments gained 20 cents to close at $3 in switching ownership of 18,739 units.
In the preference segment, Eppley 7.50% preference share shed 65 cents in closing at $7.60 after 245 shares crossed the market and JMMB Group 7.15% – due 2028 gained 25 cents to $3.35 in exchanging 764 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.