The Trinidad and Tobago based AS Bryden commenced trading on the Main Market of the Jamaica Stock Exchange on Friday and was welcomed by investors who pushed the stock price up $6.50, up 29 percent on the listing price of $22.50, in swapping 53,309 shares with a value of J$1,575,191 as the price closed at $29 on a day when the All Jamaican Composite Index lost 1,118.17 points to close at 348,023.43, the JSE Main Index climbed 1,433.99 points to 314,999.24 and the JSE Financial Index dipped 0.10 points to end at 68.74.
The day closed with rising stocks beating out those declining, with trading in 57 securities, a similar number compared with Thursday and resulted in prices of 23 rising, 19 declining and 15 ending unchanged as the volume of stocks traded rose 52 percent but with a marginally higher value.
Investors traded 11,402,012 shares at $114,300,385 compared to 7,516,087 units at $111,267,823 on Thursday.
Trading averaged 200,035 shares at $2,005,270 compared with 131,861 stocks at $1,952,067 on Thursday. Trading for the month to date, averaged 159,869 units valued at $1,664,779 compared to 153,983 units at $1,614,887, on the previous day. Trading in October closed with an average of 214,410 units at $1,325,907.
Wigton Windfarm led trading with 4.489 million shares for 39.4 percent of total volume, followed by Kingston Wharves with 3 million units for 26.6 percent of the day’s trade and Transjamaican with 986,893 million units for 8.7 percent of the day’s trade.
At the close of trading, the JSE Combined Market Index popped 1,420.45 points to close at 328.954.78,
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments rose $1 to $71.05 after an exchange of 32,450 stocks, Eppley gained 67 cents to close at $34 after investors traded 33 shares, Eppley Caribbean Property Fund dropped $2.50 to end at $33.50 after trading 210 stock units. General Accident fell 52 cents to close trading of 3,360 shares at $5.04, GraceKennedy added 99 cents to close at $72.49 as investors exchanged 84,190 shares, Guardian Holdings rose $1.99 to $439.99 after a transfer of 300 shares. Jamaica Broilers had an exchange of 24,321 shares at $34.97, after gaining 97 cents, Jamaica Stock Exchange lost 55 cents in closing at $8.45 after investors exchanged 27,320 shares, JMMB Group rose $0.36 to $27.40 with an exchange of 22,320 shares. 
Kingston Wharves lost $1.21 to finish at $17.58, with 3,029,633 stock units crossing the market, MPC Caribbean Clean Energy jumped $12.13 to $93 after an exchange of 102 shares, Margaritaville popped $1.57 in closing at $17.58 after 284 stocks passed through the market. NCB Financial popped $1.99 and ended at $66.99 in switching ownership of 35,941 units, Pan Jamaica shed $2.50 to close at $47 with shareholders swapping 1,057 stocks, Seprod slipped $1 to $77 in an exchange of 12,345 shares. Sygnus Credit Investments gained 60 cents in closing at $11.90 after investors traded 3000 shares, Sygnus Real Estate Fund dropped $0.87 in closing at $11.00 with just 24 shares changing hands and Wisynco Group ended with investors trading 55,638 shares and lost 55 cents in closing at $20.
In the preference segment, Jamaica Public Service 7% climbed $8 to close at $50, with investors dealing in 1,495 stock units and Productive Business Solutions 9.75% preference share popped $10.20 to end at $112.20, with 231 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jump in dollars entering the JSE Main Market
Declining stocks overpowered rising ones in trading on the Jamaica Stock Exchange Main Market on Thursday, with trading in 57 securities compared with 58 on Wednesday and resulting in prices of 19 rising, 26 declining and 12 ending unchanged as the volume of stocks traded declined 39 percent but with the value jumping 108 percent more than on Wednesday,
A total of 7,516,087 shares were traded for $111,267,823 versus 12,287,636 units at $53,452,673 on Wednesday.
Trading averaged 131,861 shares at $1,952,067 versus 211,856 shares at $921,598 on Wednesday and month to date, an average of 153,983 units at $1,614,887, compared with 157,781 units at $1,556,998 on the previous day. October closed with an average of 214,410 units at $1,325,907.
Transjamaican Highway led trading with 1.60 million shares for 21.2 percent of total volume, followed by Sagicor Select Financial Fund with 1.47 million units for 19.5 percent of the day’s trade and Carreras with 1.42 million units for 18.9 percent of the day’s trade.
The All Jamaican Composite Index lost 930.59 points to settle at 349,141.60, the JSE Main Index skidded 521.94 points to close at 313,565.25 and the JSE Financial Index dipped 0.43 points to end at 68.84.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments fell 95 cents and ended at $70.05 after an exchange of 7,809 stocks, Caribbean Cement gained $1.34 to close at $50.93 after trading ended with an exchange of 13,244 units, Eppley declined 62 cents to close at $33.33 after 196 shares were traded. Eppley Caribbean Property Fund dropped $4.05 to end at $36 after trading 31,239 stock units, Guardian Holdings rose $18 in closing at $438 after a transfer of 130 shares, Kingston Wharves lost $1.27 to finish the day at $27.71, with 13,232 stock units crossing the market.
Mayberry Investments advanced 80 cents to end at $7.90 with an exchange of 52,843 units, MPC Caribbean Clean Energy popped $7.36 in closing at $80.87 after 24 stocks passed through the market, NCB Financial dipped $1.99 and ended at $65 in switching ownership of 16,490 units. Pan Jamaica skidded 95 cents to close at $49.50 with shareholders swapping 72,815 stocks and Seprod rallied $3 to $78 in an exchange of 928,228 shares.
In the preference segment, Jamaica Public Service 7% increased 35 cents to close at $42, with investors dealing in 1,031 stock units. Jamaica Public Service 9.5% climbed $100 and ended at $2900 with three shares crossing the exchange, 
JMMB Group 7% preference share increased 45 cents to $2.45 with investors transferring 59 stock units and Productive Business Solutions 9.75% preference share popped $1 to end at $102, with three stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Profit to jump 40% in 2024 at Wisynco
Profit after tax for the first quarter ending September this year jumped 20 percent at Wisynco Group to $1.55 billion in the current year from $1.3 billion in 2022. Profit before tax also grew by 20 percent from $1.73 billion in 2022 to $2.1 billion, but profit is projected to jump 39 percent for the current year to $6.8 billion, ICInsider.com projections show.
The profit performance resulted from a 15 percent rise in revenues from $11.95 billion in 2022 to $13.73 billion in the current year. Although revenues climbed 15 percent, gross profit increased by just 11 percent, from $4.3 billion in 2022 to $4.8 billion in the current year, as input cost climbed 17 percent to $8.93 billion from $7.6 billion in 2022.
Selling and distribution expenses rose 14.3 percent from $2.12 billion to $2.43 billion and administrative expenses popped nearly 13 percent from $455 million to $513 million. Finance income brought in $168 million versus $85 million in the previous year, but finance cost fell from $150 million to just $11 million, despite borrowings standing at $8.9 billion at the end of the period.
Earnings per share for the quarter rose to 41 cents from 35 cents last year and is projected to reach $1.84 for the full year and $2.40 in 2025. The stock, up 15 percent for the year to date, trades at a PE of 11.3 at the last traded price of $20.70 on the Main Market at the Jamaica Stock Exchange. The PE is slightly below the market average of 12.2.
A dividend of 23 cents per share, totalling $863 million, was paid in July, up from 22 cents per share, totalling $751 million in July 2022. In addition to the above dividends, 22 cents per share was paid in March 2023 and 20 cents in March 2022. The stock trades at 3.4 times a net book value of $6.05 at the end of September.
Cash flow generated for the 2023 quarter amounted to $2.2 billion and $1.9 billion in 2022. After working capital movements, operations delivered net flows of $2.4 billion, up from just $800 million in 2022
Wata is one of Wisynco’s known brands.
Shareholders’ Equity climbed to $22.7 billion at the end of September, up from $19 billion in September last year. Long term borrowings jumped to $2.8 billion from $790 million at the end of September last year and short term loans ended at $1.3 billion and $920 million in 2022. Some of the amounts borrowed are used explicitly to fund a significant expansion of its facilities currently on the way, so far consuming $1.8 billion in the quarter.
Net Current Assets closed the period at $13.5 billion, up from $11 billion at the end of September 2022 and emanate from Current Assets of $12 billion and $8.9 billion at the end of September last year and includes cash and investments of $10.2 billion and $7.7 billion in 2022. These amounts do not take into consideration $2.2 billion in longer term securities at the end of the quarter.
Current Liabilities ended at $7.4 billion at the end of September this year compared to $6.1 billion last year.
The group acquired the distribution rights for the Jamaican Teas products for sale locally. It will add around 2-3 percent to revenues in an entire year in addition to the expansion of the factory and warehousing currently underway and expected to come on stream by March 2024. The expansion will allow for increased production to meet demand they are unable to fill currently and provide capacity to expand exports.
Main Market trading drops back on Wednesday
Trading activity dropped back sharply on Wednesday from Tuesday’s levels on the Jamaica Stock Exchange Main Market, with a 28 percent fall in the volume of stocks traded at a 74 percent lower value than on Tuesday, as the market returned to more sedate levels that characterises trading in recent days, following trading in 58 securities down from 53 on Tuesday, with 21 rising, 23 declining and 14 ending unchanged.
A total of 12,287,636 shares were traded for $53,452,673 down from 17,113,084 units at $207,420,352 on Tuesday.
Trading averaged 211,856 shares at $921,598 compared to 322,888 shares at $3,913,592 on Tuesday and month to date, an average of 157,781 units at $1,556,998, compared with 146,335 units at $1,691,498 on the previous day. October closed with an average of 214,410 units at $1,325,907.
Transjamaican Highway led trading with 6.98 million shares for 56.8 percent of total volume followed by Carreras with 1.78 million units for 14.4 percent of the day’s trade and Wigton Windfarm with 1.52 million units for 12.4 percent of the day’s trade.
The All Jamaican Composite Index popped 4,070.89 points to settle at 350,072.19, the JSE Main Index rallied 2,220.52 points to settle at 314,087.19 and the JSE Financial Index popped 1.00 points to finish at 69.27.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, Barita Investments rose 95 cents and ended at $71 with stakeholders exchanging 333 stock units, Caribbean Cement lost $1.41 to close at $49.59 in trading 834 shares, Eppley rallied 75 cents to $33.95 after a transfer of 270 stocks. First Rock Real Estate popped $1.30 to end at $8.80 as investors exchanged 2,371 units, GraceKennedy shed $1 in closing at $71.50 with a transfer of 20,186 shares, Guardian Holdings declined $20 to $420 while exchanging 236 units. Jamaica Broilers fell 95 cents to close at $34, with 12,228 stocks crossing the market, Jamaica Producers climbed $1 and ended at $21 in an exchange of 22,386 stock units, Margaritaville dropped $1.19 to end at $16.01 with shareholders swapping 1,000 shares. 
Mayberry Investments dipped 90 cents in closing at $7.10 after investors traded 4,434 stock units, MPC Caribbean Clean Energy skidded $1.66 to $73.51 with an exchange of 33 units, NCB Financial increased $1.99 in closing at $66.99, with 47,222 stocks clearing the market. Pan Jamaica advanced $2.95 to close at $50.45 with investors transferring 11,414 units, Proven Investments lost 73 cents and ended at $23 after 1,859 stocks passed through the market, Sagicor Group gained $1 to end at $43 with traders dealing in 7,726 shares. Seprod fell $4.99 to $75 after an exchange of 18,465 stock units and Stanley Motta popped 58 cents to end at $5.78 after trading 5,481 shares.
In the preference segment, Jamaica Public Service 7% shed $7.35 in closing at $41.65 after exchanging 47 stocks and Jamaica Public Service 9.5% dropped $100 and ended at $2800 with investors dealing in 1 unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Seprod dominates Main Market trading
Seprod jumped $6.97 to $79.99 while trading 1.46 million units and accounted for more than a half of the total value of stocks traded on the Jamaica Stock Exchange Main Market on Tuesday, on a day when the volume of stocks traded jumped 243 percent and the value, 508 percent more than in trading on Monday and ended, with 53 securities changing hands, down from 59 on Monday, with prices of 20 risings, 19 declining and 14 ending unchanged.
At the close, 17,113,084 shares were traded with a value of $207,420,352, pushed by Seprod accounting for $113.5 million of the value traded. Monday trading ended with 4,982,626 units at $34,117,477.
Trading averaged 322,888 shares at $3,913,592, sharply higher than the 84,451 shares, with an average of $578,262 on Monday. Trading for the month to date ended with an average of 146,335 units at $1,691,498, up from 103,994 units at $1,158,598 on the previous day. October closed with an average of 214,410 units at $1,325,907.
Wigton Windfarm led trading with 5.27 million shares for 30.8 percent of total volume, followed by Carreras with 4.06 million units for 23.7 percent of the day’s trade, First Rock Real Estate with 2.01 million units for 11.7 percent market share, Seprod with 1.46 million units for 8.5 percent market share and Transjamaican Highway with 1.42 million units for 8.3 percent of total volume.
The All Jamaican Composite Index popped 342.51 points to close at 346,001.30, the JSE Main Index climbed 1,171.68 points to finish at 311,866.67 and the JSE Financial Index rose 0.31 points to end at 68.27.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts done by ICInsider.com for companies with the financial year ending around August 2024.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and eight with lower offers.
At the close, Barita Investments skidded 85 cents to $70.05 and closed with an exchange of 1,765 shares, Berger Paints rallied 40 cents in closing at $7.40 with stakeholders exchanging 2,178 units, First Rock Real Estate fell 50 cents to close at $7.50 in switching ownership of 2,009,206 shares. GraceKennedy rose 99 cents and ended at $72.50, with 51,377 stock units clearing the market after the price hit a 52 weeks’ low of $60 before the price rebounded to close out the day positively, Guardian Holdings advanced $15 to end at $440 after an exchange of just two shares, 
Jamaica Broilers popped 95 cents to $34.95 after 152,408 stock units were traded. Jamaica Producers gained 85 cents to close at $20 with a transfer of 218,591 stocks, Jamaica Stock Exchange climbed 49 cents to $9.19 after 35,951 units passed through the market, Massy Holdings rose $1 in closing at $91 in trading 10,596 shares. Mayberry Investments popped $1 and ended at $8 after exchanging 75,606 stock units, NCB Financial increased $2.50 to $65 with investors transferring 240,233 stocks, Sagicor Group declined $1.48 in closing at $42 in an exchange of 40,903 units. Seprod climbed $6.97 and ended at $79.99, with 1,459,106 stocks changing hands, Stanley Motta shed 80 cents to end at $5.20 as investors exchanged 2,092 units and Wisynco Group rose 70 cents to close at $21 trading 52,967 shares.
In the preference segment, Jamaica Public Service 7% gained 54 cents to $49 with just one stock unit crossing the exchange and Productive Business Solutions 9.75% preference share lost $19.99 to end at $101 with traders dealing in 6 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading up prices down on JSE Main Market
Trading activity picked up on the Jamaica Stock Exchange Main Market on Monday, but the market declined, with the volume of stocks traded rising 22 percent, and the value 13 percent more than on Friday, with trading ended with an exchange of 59 securities compared to 57 on Friday, with 22 rising, 24 declining and 13 ending unchanged.
A total of 4,982,626 shares were exchanged at $34,117,477 compared to 4,087,425 units for $30,292,867 on Friday.
Trading averaged 84,451 shares on Monday at $578,262 compared with 71,709 shares at $531,454 on Friday and month to date, an average of 103,994 units at $1,158,598, down from 111,111 units at $1,369,955 on the previous trading day. October closed with an average of 214,410 units at $1,325,907.
Transjamaican Highway led trading with 1.96 million shares for 39.3 percent of total volume, followed by Sagicor Select Financial Fund with 830,120 units for 16.7 percent of the day’s trade and Wigton Windfarm with 537,437 units for 10.8 percent market share.
The All Jamaican Composite Index shed 2,074.28 points to conclude trading at 345,658.79, the JSE Main Index skidded 2,171.72 points to 310,694.99 and the JSE Financial Index dipped 0.47 points to 67.96.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending in August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Berger Paints increased 80 cents to end at $7 743 stocks crossing the exchange, Eppley dropped 75 cents in closing at $33.20 with investors dealing in 353 units, GraceKennedy lost $1.81 to close at $71.51, with 21,747 shares crossing the market. Guardian Holdings skidded $14.49 and ended at $425 with shareholders swapping 131 stock units, Jamaica Broilers popped $1 to close at $34 in an exchange of 334,284 shares, Margaritaville gained 60 cents to $17.20 after investors trading 521 units. Massy Holdings fell $7 to end at $90 with a transfer of 1,163 stocks,
MPC Caribbean Clean Energy dipped $5.70 in closing at $75.17 with an exchange of 103 stock units, NCB Financial rose $1.99 and ended at $62.50 after 84,449 shares passed through the market. Sagicor Group advanced $1.48 to close at $43.48 in an exchange of 2,598 stocks, Scotia Group climbed 50 cents to $34.50 after investors cleared the market of 29,605 units, Seprod declined $6.78 to close at $73.02 after exchanging 19,768 stock units and Sygnus Real Estate Finance rallied $2.32 and ended at $11.87 after completing with 900 shares changing hands.
In the preference segment, Eppley 7.50% preference share rose 85 cents in closing at $5.92 with an exchange of 123 stocks and Productive Business Solutions 9.75% preference share shed $1.01 to end at $120.99, as 18 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Main Market trading plunged on Friday
Trading activity plunged on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded diving 27 percent and the value plunging 71 percent lower than on Thursday, with trading in 57 securities compared with 54 on Thursday, and ended with prices of just 11 rising, 31 declining and 15 ending unchanged.
The market closed with only MPC Caribbean Clean Energy up $7.36 and Seprod $4.80, ended with worthwhile gains with the others up 30 cents or less while losses were more prominent across the top 10, led by Pan Jamaica falling $2.40 and NCB Financial, down $23.9 with the lowest top 10 decliner, Jamaica Broilers with a 50 cents decline.
A total of 4,087,425 shares were traded for $30,292,867, down from 5,596,104 units at $102,723,231 on Thursday.
Trading averaged 71,709 shares at $531,454 versus 103,632 shares at $1,902,282 on Thursday and month to date, an average of 111,111 units at $1,369,955, compared with 132,500 units at $1,825,141 on the previous day. October closed with an average of 214,410 units at $1,325,907.
Transjamaican Highway led trading with 1.32 million shares for 32.3 percent of total volume, followed by Carreras with 772,775 units for 18.9 percent of the day’s trade and 
Sagicor Select Financial Fund with 417,841 units for 10.2 percent of market share.
The All Jamaican Composite Index fell 1,366.63 points to settle at 347,733.07, the JSE Main Index lost 3,039.14 points to finish at 312,866.71 and the JSE Financial Index declined 0.07 points to close at 68.43.
The Main Market ended trading with an average PE Ratio of 12. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments skidded 86 cents to $71.03 with traders dealing in 26,881 stocks Berger Paints lost 80 cents to end at $6.20, with 8,849 units clearing the market, GraceKennedy dropped 68 cents in closing at $73.32 with investors dealing in 4,628 shares. Jamaica Broilers shed 50 cents and ended at $33, with 20,678 stock units crossing the exchange, 
Jamaica Producers fell 75 cents to close at $19.15 with a transfer of 2,866 shares, Kingston Properties fell 54 cents to $7.01 after an exchange of 15,523 units. MPC Caribbean Clean Energy increased $7.36 and ended at $80.87 with just one stock changing hands, NCB Financial dipped $2.39 to close at $60.51 in an exchange of 74,210 stock units, Pan Jamaica lost $2.40 in closing at $47.65 after 1,118 shares passed through the market. Scotia Group skidded 50 cents to end at $34 as investors exchanged 16,794 stocks, Seprod climbed $4.80 in closing at $79.80 in trading 12,312 units and Wisynco Group fell 50 cents to $20.50, with 131,691 stock units crossing the market.
In the preference segment, Eppley 7.50% preference share declined 90 cents to end at $5.07 while exchanging 379 shares and 138 Student Living preference share shed $17.73 and ended at $89.27 after closing with an exchange of 50 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main Market rallies
The Jamaica Stock Exchange Main Market closed trading on Thursday, with the market indices rising, which followed a 33 percent decline in the volume of stocks traded combined with the value of stocks traded jumping 16 percent over Wednesday’s level, following trading in 54 securities compared with 51 on Wednesday, as the market closed with prices 21 stocks rising, 18 declining and 15 ending unchanged.
A total of 5,596,104 shares were traded for $102,723,231 compared to 8,316,427 units at $88,916,615 on Wednesday.
Trading averaged 103,632 shares at $1,902,282 compared with 163,067 stocks at $1,743,463 on Wednesday. Trading for the month to date ended with an average of 132,500 stock units at $1,825,141, compared to an average of 214,410 shares in October valued at $1,325,907, with more funds entering the market in November to date.
Transjamaican Highway led trading with 1.46 million shares for 26.1 percent of total volume, followed by Jamaica Broilers with 1.08 million units for 19.3 percent of the day’s trade and Sagicor Select Financial Fund with 926,834 units for 16.6 percent market share.
The All Jamaican Composite Index advanced 370.00 points to end at 349,099.70, 
the JSE Main Index rallied 1,202.56 points to 315,905.85 and the JSE Financial Index popped 0.24 points to conclude trading at 68.50.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending in August 2024.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints gained 80 cents to end at $7 with traders dealing in 150 stocks, Caribbean Cement popped $1.99 in closing at $51 after an exchange of 35,095 units, First Rock Real Estate increased $1.21 to close at $7.91 after 19,841 shares passed through the market. GraceKennedy climbed 50 cents and ended at $74 with investors dealing in 111,373 stock units, Guardian Holdings rose $29.50 to close at $439.50 after 68 shares passed through the exchange, 
Jamaica Broilers rallied 51 cents to $33.50 with investors swapping 1,077,445 units. Kingston Properties rallied 55 cents to $7.55 in switching 6,831 stocks, Massy Holdings fell $1 and ended at $97, with 503 stock units clearing the market, MPC Caribbean Clean Energy shed $14.46 in closing at $73.51 with investors transferring two shares. Pan Jamaica declined 35 cents and ended at $50.05 after exchanging 800,704 units, Scotia Group rose 50 cents to $34.50 in trading 57,408 stocks, Seprod lost $1.50 in closing at $75 after a transfer of 8,808 stock units, and Wisynco Group skidded 93 cents and ended at $21 as investors exchanged 8,588 shares.
In the preference segment, Jamaica Public Service 9.5% rallied $10 to end at $2,900 after investors ended trading six units and JMMB Group 7.25% preference share popped 41 cents to close at $2.50 with an exchange of one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE Main market falters to start November
Trading activity on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 11 percent and the value surging 36 percent more than on Tuesday, following trading in 51 securities compared with 58 on Tuesday, with 18 rising, 24 declining and nine ending unchanged.
A total of 8,316,427 shares were traded valued at $88,916,615 compared with 7,470,394 units at $65,380,690 on Tuesday.
Trading averaged 163,067 shares at $1,743,463 versus 128,800 shares at $1,127,253 on Tuesday, compared to October with an average of 214,410 stock units at $1,325,907.
Transjamaican Highway led trading with 1.54 million shares for 18.5 percent of total volume, followed by Scotia Group with 1.51 million units for 18.1 percent of the day’s trade and Wigton Windfarm with 1.33 million units for 16 percent of the day’s trade.
The All Jamaican Composite Index shed 2,746.69 points to close at 348,729.70, the JSE Main Index dipped 4,097.53 points to 314,703.29 and the JSE Financial Index shed 1.17 points to conclude trading at 68.26.
The Main Market ended trading with an average PE Ratio of 12.1. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Caribbean Cement declined $1.98 to $49.01 and closed with an exchange of 46,234 stocks, GraceKennedy rallied 50 cents to close at $73.50 after investors traded 4,585 units, Guardian Holdings fell $30 in closing at $410 after 3,848 shares were traded. Jamaica Broilers skidded 98 cents to end at $32.99 with 44,119 stock units clearing the market, Jamaica Producers popped 82 cents and ended at $19.90 with traders dealing in 7,100 shares, Jamaica Stock Exchange lost 60 cents to $8.50 after a transfer of 5,664 stocks. 
Kingston Properties dipped 70 cents to close at $7, with 730 units changing hands, Kingston Wharves advanced 50 cents in closing at $28.50 in an exchange of 25,283 stock units, Massy Holdings dropped 80 cents to end at $98, with 824 shares crossing the market. MPC Caribbean Clean Energy rose $11.47 and ended at $87.97 after exchanging 10 stock units, Proven Investments gained 64 cents to finish the day at $23.69 in trading 939 units, Sagicor Group shed $2 and ended at $42.60, with 25,185 stocks crossing the exchange. Scotia Group declined 70 cents to end at $34 with a transfer of 1,505,779 units, Seprod lost $2 in closing at $76.50 with stakeholders exchanging 1,699 stocks, Supreme Ventures shed 50 cents to close at $26, with 187,628 shares crossing the market and Sygnus Real Estate Finance dropped $1.40 to $9.55 with an exchange of 16,028 stock units.
In the preference segment, Eppley 7.75% preference share fell 78 cents to end at $19.22 after 500 shares passed through the market and Jamaica Public Service 7% increased $6.46 in closing at $48.46 while exchanging 361 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise
JSE Main Market jumps to end October
Trading activity picked up on the Jamaica Stock Exchange Main Market from the lacklustre levels on Tuesday, with the volume of stocks traded rising 30 percent and the value 310 percent more than on Monday, with trading in 58 securities compared with 55 on Monday, with 20 rising, 25 declining and 13 ending unchanged.
A total of 7,470,394 shares were traded for $65,380,690 compared with 5,763,109 units at $15,955,473 on Monday.
Trading averaged 128,800 shares at $1,127,253 compared to 104,784 shares at $290,100 on Monday and month to date, an average of 214,410 units at $1,325,907, compared with 218,949 units at $1,336,439 on the previous day. September closed with an average of 218,512 units at $1,768,691.
Wigton Windfarm led trading with 2.46 million shares for 32.9 percent of total volume followed by Transjamaican Highway with 1.07 million units for 14.3 percent of the day’s trade and Carreras with 701,528 units for 9.4 percent market share.
The All Jamaican Composite Index popped 4,665.94 points to close at 351,476.39, the JSE Main Index jumped 4,914.30 points to finish at 318,800.82 and the JSE Financial Index rose 0.79 points to close at 69.43.
The Main Market ended trading with an average PE Ratio of 12.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending up to August 2024.
Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints lost $1.20 to close at a 52 weeks’ low of $6.20, with 1,138 units crossing the market, Caribbean Cement rose $1.99 to $50.99 in switching ownership of 34,273 stocks, First Rock Real Estate skidded $1.36 to end at a 52 weeks’ low of $6.55 with investors transferring 19,332 shares. General Accident rallied 36 cents in closing at $5.56 after an exchange of 19,809 stock units, GraceKennedy increased 50 cents and ended at $73 with traders dealing in 40,025 shares, Jamaica Producers fell 87 cents to $19.08 while exchanging 363 stocks. JMMB Group climbed 49 cents in closing at $27.50 with shareholders swapping 55,168 units, Key Insurance dropped 29 cents to close at $2.21 after investors ended trading of 34,312 stock units, Kingston Properties popped 30 cents and ended at $7.70 with an exchange of 63,719 shares. 
Kingston Wharves gained 50 cents to end at $28, with 72,619 stocks changing hands, Margaritaville advanced $2.45 to $16.50, after just one unit passed through the market, Massy Holdings popped $7.93 and ended at $98.80 after a transfer of 28 stock units. NCB Financial shed 30 cents to end at $62.85, with 146,019 shares crossing the exchange, Proven Investments declined 45 cents in closing at $23.05 with investors dealing in 1,356 stock units, Sagicor Group rallied $1.10 to close at $44.60 after 25,814 stocks crossed the market. Sagicor Real Estate Fund increased 20 cents to $8.30 after an exchange of 9,794 units, Scotia Group climbed 20 cents in closing at $34.70, with 35,513 stocks clearing the market, Seprod rose $7.50 and ended at $78.50 with an exchange of 91,825 units. Sygnus Real Estate Finance dipped 95 cents to close at $10.95 as investors exchanged 10 shares and Wisynco Group advanced $1.05 to end at $21.95 in trading 676,252 stock units.
In the preference segment, Jamaica Public Service 7% fell $3.22 to $42 after exchanging 1,110 shares and Productive Business Solutions 9.75% preference share shed $1 and ended at $122 with a transfer of 11 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
