Big declines for Guardian & Massy

Seprod and Eppley gained $3 at the close on Monday, Guardian Holdings dropped $15.40 and Massy Holdings $6 and were the major movers on the Jamaica Stock Exchange Main Market, following activity in 59 securities as was the case on Friday, with prices of 18 stocks rising, 22 declining and 19 ending unchanged, with the volume of stocks traded dropping 50 percent with a 50 percent lower value than Friday’s trades.
The market closed with 15,366,921 shares trading for $40,907,311 down from a total of 30,657,259 units at $81,703,584 on Friday.
Trading averaged 260,456 shares at $693,344 compared to 519,615 units at $1,384,807 on Friday and month to date, an average of 310,438 stocks at $2,354,341 compared with 313,863 shares at $2,468,161 on the previous day and July that closed with an average of 602,415 stocks at $5,405,031.
Radio Jamaica led trading with 10.51 million shares for 68.4 percent of total volume followed by Transjamaican Highway with 1.11 million units for 7.2 percent of the day’s trade and JMMB 9.5% preference share with 859,789 stocks for 5.6 percent market share.
The All Jamaican Composite Index dropped 1,178.41 points to finish at 349,832.54, the JSE Main Index plunged 3,382.53 points to 304,809.02 and the JSE Financial Index slipped 0.70 points to settle at 64.52.
The Main Market ended trading with an average PE Ratio of 14. 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.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of trading, AS Bryden sank $3.33 to $33.62 with a transfer of 3,744 shares, Berger Paints skidded 50 cents to end at $6.35 with investors dealing in 5,275 stocks, Caribbean Cement increased 51 cents in closing at $64.49 after a transfer of 10,663 shares. Eppley popped $3 to finish at $38 with traders dealing in 304 stock units, Eppley Caribbean Property Fund sank $1.19 and ended at $40.80 after closing with an exchange of 5,725 shares, First Rock Real Estate rallied 62 cents to close at $10.92 after a swapping of 34,734 units. General Accident shed 80 cents to $5.50 with investors trading 5,106 stocks, GraceKennedy rose $1.50 and ended at $73.50 with an exchange of 14,661 stock units, Guardian Holdings dropped $15.40 to end at $301, with 203 shares changing hands. JMMB Group advanced 58 cents in closing at $21.68 after an exchange of 24,459 stocks, Key Insurance climbed 60 cents to finish at $3 after investors traded 4,000 units, Massy Holdings fell $6 to close at $70 in an exchange of 10,286 stock units. Mayberry Jamaican Equities gained $1.20 to end at $10.20, with 35,350 shares crossing the market, NCB Financial rose 50 cents to end at $53 in an exchange of 45,046 units and Seprod gained $3 in closing at $85 after 14,250 stocks passed through the market.
In the preference segment, 138 Student Living preference shares dropped $49 to close at $160 with 125 stock units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.