Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 11 percent and the value 63 percent more than on Wednesday, with trading in 59 securities compared with 64 on Wednesday, with prices of 17 stocks rising, 28 declining and 14 ending unchanged.
The market closed with 20,497,403 shares being traded at $168,382,641 compared with 23,114,868 stocks at $103,556,387 on Wednesday.
Trading averaged 347,414 shares at $2,853,943 compared with 361,170 stocks at $1,618,069 on Wednesday and month to date, an average of 278,842 stock units at $2,405,644 compared with 275,256 shares at $2,382,196 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 8.64 million shares for 42.1 percent of total volume followed by Transjamaican Highway with 3.51 million stocks for 17.1 percent of the day’s trade, Sagicor Select Financial Fund chipped in with 3.22 million stock units for 15.7 percent market share and Barita Investments with 1.35 million shares for 6.6 percent of total volume.
The All Jamaican Composite Index skidded 2,528.66 points to 363,191.72, the JSE Main Index dropped 2,329.66 points to settle at 316,257.61 and the JSE Financial Index slipped 0.63 points to conclude trading at 63.77. The Investor’s Choice bid-offer indicator shows 17 stocks ended with bids higher than their last selling prices and four with lower offers.The Main Market ended trading with an average PE Ratio of 14.3. 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 the day when Barita Investments hit a 52 weeks’ intraday low of $55, before closing at $75.25, up 26 cents, AS Bryden fell $2.90 in closing at $31 after an exchange of 3,499 stock units, First Rock Real Estate lost 50 cents to end at $10 after 19,320 shares passed through the market, GraceKennedy shed 50 cents to end at $77 with 52,863 stocks crossing the exchange. Guardian Holdings popped $4 and ended at $315 with traders dealing in 119 units, Jamaica Broilers gained 50 cents to finish at $37 with 3,139 stocks changing hands, Kingston Wharves sank $1 to close at $30 with investors trading 6,906 units. Margaritaville declined 81 cents to $14.29 after a transfer of 10 shares, Massy Holdings sank $1.95 to finish at $78 with investors swapping 1,077 stock units, NCB Financial rose 95 cents and ended at $51.90 in an exchange of 260,131 shares. Pan Jamaica dropped $2.65 in closing at $49.10 with investors trading 200,142 stock units, Proven Investments advanced 50 cents to end at $19.50 in switching ownership of 119,370 units, Sagicor Group skidded $1 to close at $37 after 2,925 stocks changed hands. Sagicor Real Estate Fund climbed 50 cents to $7.90 with an exchange of 141,901 units, Scotia Group dipped $1.95 and ended at $44.07, with 125,200 stocks crossing the market, Seprod increased 70 cents to end at $84.70 after an exchange of 1,996 shares and Supreme Ventures slipped 59 cents to $21.70 in trading 29,285 stock units.
In the preference segment, Jamaica Public Service 9.5% sank $10 to finish at $2,850 with 13 shares clearing the market and Sygnus Credit Investments C10.5% rallied $5 to close at $105 in an exchange of 18,308 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.