Trading climbed sharply on the Jamaica Stock Exchange Main Market and ended on Friday, with the volume of stocks traded rising 7 percent with the value surging a massive 804 percent over Thursday, with Barita Investments ending with an exchange of 50 million shares worth $3.67 billion, following trading in 55 securities compared with 59 on Thursday, with prices of 18 rising, 20 declining and 17 ending unchanged and resulted in the market recorded gains at the close.
The market closed with trading of 211,546,624 shares for $4,258,930,941, up from 197,123,972 stock units at $470,952,289 on Thursday.
Trading averaged 3,846,302 shares at $77,435,108, up from 3,341,084 stocks at $7,982,242 on Thursday and month to date, an average of 910,987 units at $21,498,705 well above 759,398 shares at $18,609,971 on the previous day and February with an average of 405,332 stock units at $1,953,730.
Transjamaican Highway led trading with 104.06 million shares for 49.2 percent of total volume followed by JMMB Group 10% preferred shares which ended with 50.87 million stocks for 24 percent of the day’s trade, Barita Investments closed with 50.01 million shares for 23.6 percent of the volume traded and Wigton Energy with 1.81 million units for 0.9 percent of market share.
The All Jamaican Composite Index popped 1,461.32 points to conclude trading at 378,006.39; at the same time, the JSE Main Index climbed 1,254.58 points to close at 325,739.24 and the JSE Financial Index rallied 0.62 points to end trading at 68.07.
The Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 15.3. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
At the close of a day of heavy trading, Berger Paints advanced 50 cents to finish at $7.95 with an exchange of just 77 stock units, Caribbean Producers popped 35 cents and ended at $8.65 with 5,508 shares crossing the market, Jamaica Producers gained $1 to close at $25 with investors trading 203,550 units. JMMB Group skidded $2.78 to $20 with 426,361 stocks changing hands, Massy Holdings rose $1.40 in closing at $79.50 with traders dealing in 843 shares, Mayberry Group rallied 58 cents to end at $7.60 in switching ownership of 3,352 stock units. Mayberry Jamaican Equities increased 60 cents to $10.60 with investors trading 58,504 units, Pan Jamaica climbed 50 cents to close at $58.50 after an exchange of 43,046 stocks, Scotia Group fell 50 cents in closing at $54.50 with a transfer of 16,062 shares. Seprod increased $1.50 and ended at $89.50 in the trading of 106,496 stock units, Supreme Ventures lost 50 cents to finish at $21 with investors dealing in 233,791 units and Transjamaican Highway dipped 39 cents to end at $3.80 and closed with an exchange of 104,060,443 stocks.
In the preference segment, Sygnus Credit Investments C10.5% sank $1.50 to $98.50 with 741 shares crossing the exchange.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.