Trading jumps on JSE Main Market

Trading surged on Thursday, with the volume traded rising 51 percent compared to trading on Wednesday, with a 926 percent jump in value on the Jamaica Stock Exchange Main Market as rising stocks exceeded those declining.
The All Jamaican Composite Index dropped 1,238.52 points to 436,372.59, the JSE Main Index lost 1,477.94 points to 381,852.85 and the JSE Financial Index fell 0.18 points to 91.21. Trading ended with 54 securities up from 52 on Wednesday, with 24 rising, 20 declining and ten ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.1 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
A total of 12,502,865 shares were traded for $487,965,172 compared to 8,303,766 units at $47,547,654 on Wednesday. Trading averages 231,535 units at $9,036,392, compared to 159,688 shares at $914,378 on Wednesday and month to date, an average of 253,031 units at $3,614,150, compared to 254,965 units at $3,126,148 on the previous trading day. May averaged 238,645 units at $3,561,016.
Wigton Windfarm led trading with 3.82 million shares for 30.5 percent of total volume, followed by Productive Business Solutions with 9.75% Preference share with 3.62 million units for 29 percent of the day’s trade and Pulse Investments with 697,969 units for 5.6 percent market share.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close, Caribbean Cement gained $6.49 in ending at $67.50 while exchanging 45,734 shares, Caribbean Producers dropped 50 cents to $14 after trading 362,316 units, Eppley Caribbean Property Fund shed $3.63 to end at $39.12, with 3,800 stocks changing hands. GraceKennedy declined $2 in closing at $105 with the swapping of 24,989 stock units, Guardian Holdings climbed $3.88 to close at $510 in switching ownership of 1,708 stocks, JMMB Group increased 50 cents in closing at $42.50, with 35,661 shares crossing the market. Margaritaville popped $2.10 to end at $22.60, closing with 1,267 units changing hands, NCB Financial rose $1.49 to $102.50 with 147,580 stock units clearing the market, Palace Amusement rallied $35 to $855, with nine stocks crossing the market. PanJam Investment lost 79 cents in ending at $64.50 in an exchange of 8,900 stock units, Proven Investments advanced $1.90 to $39 in trading 23,609 shares, Sagicor Group fell $1.40 to close at $55.50 in exchanging 638,627 units. Seprod lost 40 cents to $71 in trading 108,333 stocks, Stanley Motta fell 35 cents in closing at $4.80 after 136,395 shares crossed the exchange, Supreme Ventures rose 99 cents in ending at $29.99 after exchanging 139,762 units. Sygnus Credit Investments declined 29 cents to $14.51 after trading 30,243 stock units and Sygnus Real Estate Finance advanced $1.43 in ending at $15.43 with an exchange of 459 stock units.
In the preference segmentJMMB Group 7.25% preference share due 2024 increased 30 cents to close at $2.27, with 1,000 stocks crossing the market and Productive Business Solutions 9.75% preference share shed $1.25 to end at $107, with 3,622,977 units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Fall for JSE USD Market

Trading on the Jamaica Stock Exchange US dollar market on Thursday, ended with the volume of stocks traded rising 69 percent, with a 63 percent drop in value than Wednesday, as eight securities were traded, up from six on Wednesday with three rising, three declining and two ending unchanged.
The JSE US Denominated Equities Index lost 3.43 points to end at 214.52.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Some 199,358 shares traded for US$12,579 compared to 118,104 units at US$34,212 on Wednesday. Trading averaged 24,920 units at US$1,572, compared to 19,684 shares at US$5,702 on Wednesday, with a month to date average of 83,984 shares at US$4,228 versus 89,891 units at US$4,494 on the previous day.  May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and one with a lower offer.
At the close, First Rock Capital USD share rallied 0.49 of a cent to 7.49 US cents, with 6,497 shares crossing the market, Margaritaville declined 0.01 of one cent to close at 14.99 US cents with the swapping of 12,982 stock units, Productive Business Solutions traded 1,297 stock units at US$1.15. Proven Investments shed 0.97 of a cent in closing at 25.02 US cents after exchanging 27,032 units, Sterling Investments dropped 0.25 cents to 1.92 US cents with 23,369 stock units changing hands, Sygnus Credit Investments USD share ended at 12.2 US cents after exchanging 2,014 stocks and Transjamaican Highway gained 0.07 of a cent after ending at 0.98 US cents in trading 126,115 units.
In the preference segmentJMMB Group 6% rose 4 cents to close at US$1.05 with the exchange 52 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Trading levels fall on JSE Main Market

Market activity ended on Wednesday on the Jamaica Stock Exchange Main Market with the volume of stocks traded declining 13 percent with a 54 percent lower value than on Tuesday and ended with 4 stocks declining for every 3 rising after 8,303,766 shares were exchanged for $47,547,654 versus  9,560,292 units at $102,831,242 on Tuesday. 
The All Jamaican Composite Index fell 332.58 points to 437,611.11, the JSE Main Index slipped 219.82 to 383,330.79 and the JSE Financial Index popped 0.15 points to 91.39.
Trading ended with 52 securities compared to 55 on Tuesday, with 18 rising, 24 declining and  10 ending unchanged.
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 are computed based on ICInsider.com’s forecasted earnings for companies with financial years, ending up to the close of August 2023.
Trading on Wednesday averages 159,688 units at $914,378 compared to 173,823 shares at $1,869,659 on Tuesday and month to date, an average of 254,965 units at $3,126,148, compared to 264,006 units at $3,336,024 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Wigton Windfarm led trading with 2.38 million shares for 28.7 percent of total volume followed by Sagicor Select Financial Fund with 1.95 million units for 23.4 percent of the day’s trade and Transjamaican Highway with 1.06 million units for 12.8 percent market share.
Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and five stocks with lower offers.
At the close, Berger Paints shed $1 to end at $11 after trading 25,240 shares, Caribbean Cement declined $3.79 to $61.01 in trading 19,460 units, Caribbean Producers rallied 80 cents to $14.50, with 85,170 stocks changing hands. Eppley dropped $5.95 to $40 after exchanging 203 stock units, GraceKennedy climbed $1.25 to close at $107 after 79,803 units crossed the market, Guardian Holdings lost $3.98 to end at $506.12 in an exchange of 845 shares. Jamaica Broilers increased 44 cents to $26.49 with an exchange of 6,807 stock units, Kingston Wharves rose $2.05 to close at $39 while trading 1,477 stocks, Mayberry Jamaican Equities fell $2.10 in closing at $13 with 259,339 units changing hands. MPC Caribbean Clean Energy advanced $12.94 in ending at $107.95 after trading 10 shares, 138 Student Living declined 30 cents in closing at $4.76 in exchanging 794 stock units, Palace Amusement lost $90 in ending at $820 with the swapping of 5 stocks. PanJam Investment popped 29 cents to $65.29 after exchanging 607 units, Portland JSX rallied $1.41 to close at $10.84 with 1,728 stocks clearing the market, Salada Foods fell 45 cents to end at $5.15 trading 7,136 shares. Scotia Group dropped 33 cents ending at $37.03 after 30,234 stock units crossed the market, Seprod advanced 37 cents to end at $71.40 in switching ownership of 3,155 stocks, Sygnus Credit Investments popped 70 cents to $14.80 after trading 144,255 units. Sygnus Real Estate Finance shed $1.52 in closing at $14 with the swapping of 2,200 shares and Victoria Mutual Investments increased 25 cents to close at $5.57 with 36,803 stock units clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Volume up, prices down on JSE USD market

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Trading picked up on Wednesday, with the volume of stocks traded rising 32 percent, with a more than doubling in the value that rose 120 percent more than on Tuesday, on the Jamaica Stock Exchange US dollar market, resulting in more stocks falling than rising at the close.
A total of six securities traded, compared to five on Tuesday with two rising, four declining and no ending unchanged. The JSE US Denominated Equities Index fell 1.02 points to 217.95.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.1. The PE ratio uses ICInsider.com earnings forecasts for companies with their financial year ending, up to August 2023.
Overall, 118,104 shares were traded, for US$34,212 up from 89,436 units at US$15,551 on Tuesday. Trading averaged 19,684 units at US$5,702, compared to 17,887 shares at US$3,110 on Tuesday, with month to date average of 89,891 shares at US$4,494 versus 95,583 units at US$4,396 on the previous day. May averaged 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than the last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share shed 0.4 of a cents to end at 7 US cents with the swapping of 28,483 shares, Proven Investments rallied 0.97 of one cent in ending at 25.99 US cents after trading 5,000 units, Sterling Investments advanced 0.25 of a cent to 2.17 US cents, as 250 stocks changed hands. Sygnus Credit Investments USD share declined 0.19 of a cent to close at 12.2 US cents while exchanging 275 stock units and Transjamaican Highway fell 0.07 of a cent in closing at 0.91 of one US cent in an exchange of 54,096 units.
In the preference segmentJMMB Group 6% lost 4 cents to close at US$1.01 after trading 30,000 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

JSE Main Market pulls back on Tuesday

Stocks mostly fell on the Jamaica Stock Exchange Main Market on Tuesday, after an exchange of 55 securities down from 59 on Monday, with 30 declining and only 16 rising and nine ended unchanged as the volume of stocks traded slipped 11 percent and the value of funds chasing stocks fell 78 percent from Monday.
Trading ended with the All Jamaican Composite Index falling 2,221.13 points to 437,943.69, the JSE Main Index slipping 1,733.32 points to 383,550.61 and the JSE Financial Index declined 0.29 points to 91.24.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.4 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Investors exchanged 9,560,292 shares for $102,831,242, down from 10,717,973 units at $468,094,270 on Monday. Trading averaged 173,823 units at $1,869,659, compared to 181,661 shares at $7,933,801 on Monday and month to date, an average of 264,006 units at $3,336,024, compared to 274,067 units at $3,499,615 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Wigton Windfarm led trading with 2.68 million shares for 28 percent of total volume, followed by Carreras with 1.19 million units for 12.5 percent of the day’s trade and Mayberry Jamaican Equities with 1.11 million units for 11.6 percent market share.
Investor’s Choice bid-offer indicator shows seven stocks ended with bids higher than their last selling prices and four stocks with lower offers.
At the close, Caribbean Cement dropped $3.90 to $64.80 after trading 4,579 shares, Caribbean Producers shed 60 cents to end at $13.70 after an exchange of 135,144 units, Eppley Caribbean Property Fund lost 74 cents to end at $42.76, with 3,637 stocks crossing the exchange. Guardian Holdings fell $1.90 to $510.10 after trading 290 stock units, Jamaica Stock Exchange dropped 25 cents to close at $18.10 after exchanging 5,734 stock units, JMMB Group lost 99 cents in closing at $42.01 while trading 605,310 stocks. Key Insurance fell 35 cents to $3.83 in an exchange of 25,371 shares, Kingston Properties advanced 44 cents to $7.95, with 1,339 units crossing the market, Kingston Wharves dropped $2.05 in ending at $36.95 after exchanging 1,441 stock units. Margaritaville shed $2.10 to close at $20.50, with 4,000 units changing hands, Massy Holdings declined $1.49 in closing at $92.51 with 4,696 stocks clearing the market, Mayberry Investments rallied 90 cents to close at $11.40 with an exchange of 153,246 shares. Mayberry Jamaican Equities rose 40 cents to $15.10, with 1,105,805 units changing hands, 138 Student Living climbed 30 cents to $5.06 in trading 801 stock units, PanJam Investment dropped $1 to $65 in switching ownership of 9,327 stocks. Portland JSX fell $1.37 to $9.43 with the swapping of 478 shares, Pulse Investments popped 39 cents in closing at $3.40 after trading 667,922 stock units, Salada Foods declined 40 cents to $5.60 after exchanging 8,385 shares on its long way back into the $4 range before too long. Seprod shed 96 cents to end at $71.03, with 27,430 stocks crossing the market, Stanley Motta lost 35 cents to $5.15 in trading 19,928 units, Sygnus Real Estate Finance gained $1.42 to close at $15.52, with 283 units clearing the market and Wisynco Group dropped 78 cents to end at $19 in an exchange of 489,872 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Slippage for the JSE USD market

The volume of stocks trading jumped 176 percent with the value surging 278 percent above trading on Monday at the close of the Jamaica Stock Exchange US dollar market on Tuesday, resulting in five securities traded, down from seven on Monday with one rising, three declining and one ending unchanged.
The JSE US Denominated Equities Index lost 1.51 points to close at  218.97.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.3. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending, up to August 2023.
Overall, 89,436 shares traded, for US$15,551 compared to 32,360 units at US$4,111 on Monday. Trading averaged 17,887 units at US$3,110, compared to 4,623 shares at US$587 on Monday, with the month to date average of 95,583 shares at US$4,396 versus 101,214 units at US$4,489 on the previous day.  May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows one ended with a bid higher than the last selling prices and two stocks with lower offers.
At the close, First Rock Capital USD share dropped 0.1 of a cent in ending at 7.4 US cents with the swapping of 102 shares, Proven Investments fell 1.23 cents to 25.02 US cents in an exchange of 58,051 stock units, Sygnus Credit Investments USD share rallied 0.39 of one cent to close at 12.39 US cents with 3,284 units crossing the exchange and Transjamaican Highway ended unchanged at 0.98 US cents after trading of 27,998 stocks.
In the preference segmentJMMB Group 6% declined 3 cents to end at US$1.05, with one unit changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Sharp jump in funds in JSE Main Market

Market activity ended on Monday, with the volume of stocks traded declining 69 percent and the valuing surging 185 percent over trading Friday at the close of the Jamaica Stock Exchange Main Market and ended with rising stocks just edged out by those declining.
The All Jamaican Composite Index dipped 44.74 points to 440,164.82, the JSE Main Index fell 1,246.97 points to 385,283.93 and the JSE Financial Index lost 0.22 points to settle at 91.53.
Trading ended with 59 securities up from 56 on Friday, with 24 rising, 25 declining and 10 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.5 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years, ending up to the close of August 2023.
Overall, 10,717,973 shares were exchanged for $468,094,270 versus 34,028,346 units at $164,480,692 on Friday. Trading averages 181,661 units at $7,933,801, compared to 607,649 shares at $2,937,155 on Friday and month to date, an average of 274,067 units at $3,499,615, compared to 286,629 units at $2,896,811 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Productive Business Solutions 9.75% preference share led trading with 3.63 million shares for 33.9 percent of total volume followed by Transjamaican Highway ended with 1.80 million units for 16.8 percent of the day’s trade and QWI Investments with 1.07 million units for 9.9 percent market share.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Barita Investments declined $1.41 to end at $86.99, with 213,628 shares crossing the exchange, Berger Paints rallied $1 to close at $12 with an exchange of 11,736 stock units, Caribbean Cement shed $1.30 to $68.70 with the swapping of 25,573 stocks. Eppley jumped $7.90 in closing at $46 after trading two units, First Rock Capital gained $1.07 in ending at $13.07 and finishing trading with 6,954 units, Guardian Holdings fell $25 to close at $512 in switching ownership of 34 stocks. Jamaica Broilers dropped $1.49 in closing at $26 trading 73,934 stock units, Jamaica Producers lost 95 cents to end at $21.27 in an exchange of 1,736 shares, Jamaica Stock Exchange fell $1.60 to $18.35, with 4,545 stocks crossing the market. JMMB Group popped $1 in ending at $43 after an exchange of 149,358 stock units, Kingston Properties shed 40 cents to close at $7.51 while trading 15,395 shares, Massy Holdings advanced $1.50 to $94 after 47,901 units changed hands. Mayberry Investments climbed $1.50 to $10.50 with 532,238 stock units clearing the market, Mayberry Jamaican Equities declined 29 cents to $14.70, with 35,083 units crossing the market, MPC Caribbean Clean Energy lost $12.94 in closing at $95.01 after exchanging 10,624 shares. 138 Student Living dropped 43 cents in closing at $4.76, with 3,271 stocks changing hands, Palace Amusement dropped $78 to $910 in an exchange of 19 units, PanJam Investment rose 50 cents to $66 in exchanging 22 shares. Pulse Investments declined 59 cents to close at a 52 weeks’ low of $3.01 with 621,901 stocks changing hands, Sagicor Group rallied 90 cents to end at $56.90 in an exchange of 5,878 stock units, Scotia Group advanced $1.46 to close at $37.50 after exchanging 18,617 units. Stanley Motta climbed 40 cents in closing at $5.50 with the swapping of 3,590 shares and Supreme Ventures shed $1 to end at $29, with 113,240 stock units changing hands.
In the preference segmentEppley 7.50% preference share lost $1.23 to end at $6, with 10,000 stocks crossing the market, 138 Student Living preference share fell 25 cents to $20.63 with 5 stock units changing hands and Productive Business Solutions 9.75% preference share gained $1.25 to $108.25 with 3,628,039 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Volume jumps on JSE Main Market

Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded jumping 221 percent and 21 percent higher than on Thursday as declining stocks continue to exceed those rising.
The All Jamaican Composite Index shed 510.21 points to settle at 440,209.56, the JSE Main Index gained 102.53 points to close at 386,530.90 and the JSE Financial Index declined 0.06 points to settle at 91.75. Trading ended with 56 securities compared to 54 on Thursday, with 17 rising, 21 falling and 18 ending unchanged.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.6 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 34,028,346 shares were exchanged for $164,480,692 versus 10,590,832 units at $135,566,664 on Thursday. Trading averages 607,649 units at $2,937,155, compared to 196,127 shares at $2,510,494 on Thursday and month to date, an average of 286,629 units at $2,896,811, compared to 239,071 units at $2,890,834 on the previous trading day. May closed with an average of  238,645 units at $3,561,016.
JMMB Group 7.35% preference share due 2028 led trading with 27.48 million shares for 80.7 percent of total volume, followed by Jamaica Broilers with 1.1 million units for 3.2 percent of Friday’s trade and Transjamaican Highway with 970,028 units for 2.9 percent market share.
The Investor’s Choice bid-offer indicator shows ten stocks ending with bids higher than their last selling prices and two with lower offers.
At the close, Caribbean Cement rose $9 to close at $70 with the swapping of 1,296 shares, Caribbean Producers rallied 33 cents to $14.50 with an exchange of 40,540 stocks, Eppley fell $8.90 to $38.10, with 10,859 stock units crossing the exchange. Eppley Caribbean Property Fund declined $1.50 to $43.50 with 1,045 units changing hands, First Rock Capital shed $1.10 in ending at $12 while exchanging 51,837 shares,GraceKennedy climbed $1 to close at $106 in switching ownership of 32,735 units. Guardian Holdings advanced $26 to $537 with 2,783 stock units clearing the market, Jamaica Broilers lost 49 cents in ending at $27.49 after exchanging 1,098,934 stocks, Jamaica Stock Exchange gained $1.95 to end at $19.95, with 400 stock units crossing the market. JMMB Group dropped $1 in closing at $42 with 273,211 units changing hands, Key Insurance increased 25 cents to $4.20 while exchanging one share, Kingston Wharves popped $2.49 to end at $38.99 in trading 1,474 stocks. Massy Holdings dropped $1.50 to $92.50 with 266 units changing hands, Mayberry Investments shed $1.06 to close at $9 in exchanging 254,204 shares, NCB Financial lost $2 in closing at $101 in an exchange of 106,486 stock units. PanJam Investment rose $1 to $65.50 after trading 8,419 stocks, Proven Investments declined 77 cents to end at $37.05 after 13,981 stocks passed through the market, Sagicor Group fell 90 cents in closing at $56 with the swapping of 81,399 units. Stanley Motta fell 40 cents to close at $5.10 in trading 8,000 shares and Supreme Ventures dropped 25 cents to $30 after exchanging 75,133 stock units.
In the preference segmentEppley 7.25% preference share lost $1.95 to end at $20.05 in switching ownership of 801 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Volume climbs on JSE USD market Friday

Trading on the Jamaica Stock Exchange US dollar market ended on Friday, with the volume of stocks traded rising 995 percent and the value jumping 1,406 percent more than on Thursday, resulting in a decline in the market index.
A total of six securities traded, compared to eight on Thursday, with one rising, two declining and three ending unchanged. The JSE US Denominated Equities Index slipped 0.06 points to end at 220.39.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio uses ICInsider.com earnings forecasts for companies with financial years ending up to August 2023.
Overall, 247,506 shares traded, for US$57,518, up from 22,611 units at US$3,819 on Thursday.
Trading averaged 41,251 units at US$9,586, up from 2,826 shares at US$477 on Thursday, with a month to date average of 112,119 shares at US$4,929 versus 119,712 units at US$4,430 on the previous day. May ended with an average of 47,916 units for US$3,528.
Investor’s Choice bid-offer indicator shows two ended with higher bids than the last selling prices and none with a lower offer.
At the close, First Rock Capital USD share rose 0.1 of a cent to 7.5 US cents with 5,313 shares clearing the market, Margaritaville ended unchanged at 15 US cents in trading 10,006 stocks, Proven Investments lost 0.1 of one cent to end at 26 US cents in switching ownership of 210,953 units. Sterling Investments fell 0.2 of a cent to 2 US cents after exchanging 7,000 stock units, Sygnus Credit Investments USD share finished at 12.39 US cents while exchanging 1,990 stocks and Transjamaican Highway remained at 0.98 of one US cent after trading 12,244 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

Moderate Man Market decline

 

Market activity ended on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded declining 20 percent with 72 percent lower value than on Wednesday, leading to more stocks declining than rising.
Trading ended with 54 securities down from 56 on Wednesday, with 20 rising, 22 declining, and 12 remaining unchanged. The All Jamaican Composite Index dropped 2,384.19 points to 440,719.77, the JSE Main Index lost 543.36 points to close at 387,606.85 and the JSE Financial Index climbed 0.06 points to settle at 91.81.
The PE Ratio, a formula to ascertain appropriate stock values, averages 14.7 for the Main Market. The JSE Main and USD Market PE ratios are computed based on ICInsider.com’s forecasted earnings for companies with financial years ending up to the close of August 2023.
Overall, 10,590,832 shares were traded for $135,566,664 versus 13,218,682 units at $481,286,926 on Wednesday. Trading averages 196,127 units at $2,510,494, compared to 236,048 shares at $8,594,409 on Wednesday and month to date, an average of 239,071 units at $2,890,834, compared to 246,228 units at $2,954,224 on the previous trading day. May closed with an average of 238,645 units at $3,561,016.
Caribbean Producers led trading with 1.87 million shares for 17.6 percent of total volume, followed by Wigton Windfarm with 1.56 million units for 14.7 percent of the day’s trade, Sagicor Select Financial Fund chipped in with 1.46 million units for 13.8 percent of market share. JMMB Group 7.25% preference share due 2024 ended with 1.20 million units for 11.4 percent market share, Portland JSX traded 1.14 million units for 10.8 percent market share and Transjamaican Highway closed with 1.05 million units for 9.9 percent market share.
Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three stocks with lower offers.
At the close, Barita Investments gained 40 cents to close at $88.40, with 13,879 shares crossing the market, Caribbean Cement dropped $11.60 in ending at $61 after trading 53,771 stocks, Eppley Caribbean Property Fund popped $1 to end at $45, with 5,633 units changing hands. GraceKennedy fell $2.50 in closing at $105 in trading 497,646 stock units, Guardian Holdings lost $1 to close at $511 in exchanging 39 stock units, Jamaica Broilers climbed 91 cents to end at $27.98, with 10,735 stocks crossing the market. Jamaica Producers dropped 40 cents to close at $22.30 with the swapping of 2,245 units, Jamaica Stock Exchange shed 60 cents to $18 and closed with 10,640 shares changing hands, Kingston Properties rallied 42 cents to $7.91 after exchanging 343 stocks. Kingston Wharves shed $2.49 in closing at $36.50 while trading 5,394 units, Massy Holdings advanced $1.25 to $94 with 76,770 shares clearing the market, Mayberry Investments declined 34 cents to close at $10.06 with an exchange of 4,460 stock units. Mayberry Jamaican Equities rose $1.22 to $15.22 in exchanging 6,283 shares, NCB Financial increased $2.01 in closing at $103 in switching ownership of 47,734 units, Portland JSX gained $1.37 to end at $10.80 in an exchange of 1,142,163 stocks. Proven Investments popped 77 cents in, ending at $37.82, with 9,842 stock units crossing the exchange, Sagicor Group rallied 90 cents to close at $56.90 after trading 46,587 shares, Scotia Group fell $1.12 in closing at $36.03 with an exchange of 23,712 stock units. Supreme Ventures slipped 25 cents to $30.25, trading 40,907 units and Sygnus Real Estate Finance dropped $1.52 to end at $14 after exchanging 173 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.