Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with four consecutive days of gains, with the volume of stocks traded rising 315 percent and the value 208 percent more than on Tuesday, with trading in 58 securities compared with 42 on Tuesday, with prices of 19 rising, 21 declining and 18 ending unchanged.
The All Jamaican Composite Index climbed 2,272.33 points to close at 360,710.78, the JSE Main Index rallied 1,135.63 points to 311,964.85 and the JSE Financial Index increased 0.60 points to finish at 64.39.
At the close, the Investor’s Choice bid-offer indicator was showing 12 stocks ending with bids higher than their last selling prices and four with lower offers.
The market closed with 22,664,356 shares trading for $192,548,549, surging from just 5,428,993 stock units at $60,680,520 on Tuesday.
Trading averaged 390,765 shares at $3,319,803 compared to 129,262 stocks at $1,444,774 on Tuesday and month to date, an average of 321,962 units at $2,040,862compared with 309,906 shares at $1,816,757 on the previous day and July with an average of 270,399 stock units at $2,493,078.
Transjamaican Highway led trading with 15.17 million shares for 66.9 percent of total volume, followed by NCB Financial, with 1.75 million stocks for 7.7 percent of the day’s trade, Jamaica Broilers closed with 1.56 million stock units for 6.9 percent of the volume traded and Sagicor Select Financial Fund with 1.53 million shares for 6.7 percent of market trade.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the 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 the market, AS Bryden climbed $2.20 in closing at $26.20 in transferring 962 shares, Caribbean Cement dived $4.99 to end at $90.01 with an exchange of 9,394 stocks, Eppley Caribbean Property Fund shed $2.50 to close at $40 with an exchange of 640 units. GraceKennedy popped 37 cents and ended at $71.37 as 8,761 shares crossed the market, Guardian Holdings gained $1.02 to finish at $320 after an exchange of just one stock unit, Jamaica Broilers lost $1.90 to end at $23.50, with traders trading 1,751,493 shares. Kingston Wharves rose $2.57 to $32.47 with investors swapping 1,177 stocks, Mayberry Jamaican Equities advanced 97 cents to end at $10.37 with 480 stock units crossing the exchange, NCB Financial dropped $1.03 in closing at $38.97 as 1,621,200 stock units changed hands. 138 Student Living rallied 49 cents to close at $4.69 in an exchange of 189 shares, Pan Jamaica sank $1.49 and ended at $48.51 with investors trading 1,927 stocks,
Sagicor Group slipped 50 cents to finish at $39.50 with an exchange of 21,255 units. Scotia Group sank $1.90 to $54 with traders dealing in 2,440 stock units and Wisynco Group increased 75 cents to close at $20.75 with investors switching ownership of 76,405 shares.
In the preference segment, Eppley 7.25% preference share climbed 75 cents to finish at $19.25 with an exchange of 42 stock units. Jamaica Public Service 7% popped $2 and ended at $43 after a transfer of 22 units, Jamaica Public Service 9.5% dipped $5 to end at $2,650 trading 55 stocks, Sygnus Credit Investments 10% fell $2.95 in closing at $105 as investors exchanged 241 units and Sygnus Credit Investments C10.5% skidded $2.08 to $105.90 in trading of 1,000 shares.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.