Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising just 5 percent with a 13 percent lower value than on Tuesday, with trading in 58 securities compared with 60 on Tuesday, with prices of 27 stocks rising, 20 declining and 11 ending unchanged and resulted in a spike in the major market indices.The market closed with 11,422,541 shares trading for $58,122,200 compared with 10,864,715 units at $66,883,337 on Tuesday.
Trading averaged 196,940 shares at $1,002,107 compared to 181,079 units at $1,114,722 on Tuesday and month to date, an average of 163,799 stock units at $1,429,438 compared with 161,624 units at $1,457,476 on the previous day and September with an average of 592,167 units at $8,859,784.
Amusement led trading with 4.75 million shares for 41.6 percent of total volume followed by Wigton Windfarm with 1.86 million stock units for 16.3 percent of the day’s trade, QWI Investments closed with 1.43 million units for 12.5 percent market share and Transjamaican Highway with 1.05 million shares for 9.2 percent of total volume.
The All Jamaican Composite Index rallied 4,324.48 points to settle at 356,293.12, the JSE Main Index popped 2,035.29 points to wrap up trading at 311,523.65 and the JSE Financial Index rose 1.26 points to finish at 65.19.The Main Market ended trading with an average PE Ratio of 14.4. 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 nine stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments sank $1.41 to end at $74.99 with investors swapping 30,208 shares, Berger Paints popped $1.45 in closing at $8 with just 10 stocks crossing the market, Eppley climbed 81 cents to $37 in trading 1,013 shares. Eppley Caribbean Property Fund rose $2.90 and ended at $41.90 with 47 stock units clearing the market, Guardian Holdings slipped $13.01 to close at $314.99 after a transfer of 5,902 shares, Jamaica Broilers advanced 99 cents to finish at $36.75 in switching ownership of 5,947 stocks. Jamaica Stock Exchange gained 53 cents to $10.64 as investors exchanged 6,809 units, JMMB Group rallied $1.85 to close at $22.90 in trading 15,819 stock units, Mayberry Group fell 79 cents and ended at $7.26 in an exchange of 51,174 shares. NCB Financial shed 41 cents to end at $52.99 after 20,137 stocks passed through the market, Sagicor Group increased $2 in closing at $39 with an exchange of 120 units and Seprod popped 80 cents to finish at $81.50 with 15,447 stock units changing hands.
In the preference segment, Jamaica Public Service 9.5% sank $210 to $2690 after an exchange of 1,133 shares and Sygnus Credit Investments C10.5% increased 40 cents in closing at $105 with investors dealing in 39 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.