Stocks had a big retreat in prices at the close of the Jamaica Stock Exchange Main Market Indices, dropping on Tuesday, following trading in 62 securities, the same as on Monday, and ended with prices of just 15 rising, being swamped by 34 declining and 13 ending left unchanged. Trading volume fell 35 percent, with the value 7 percent lower than on Monday.
Only 6,582,118 shares were traded with a value of $50,375,973, a fall from 10,166,077 stock units at $53,905,822 on Monday.
Trading averaged 106,163 shares at $812,516, down from 163,969 stocks at $869,449 on Monday and for the month to date, an average of 135,066 stock units at $840,982 compared with May, with an average of 245,284 stock units at $2,050,773.
Transjamaican Highway led trading with 2.79 million shares for 42.4 percent of total volume, followed by JMMB Group 7.35% – 2028, which ended with 1.15 million units for 17.5 percent of the day’s trade and Wigton Energy with 532,578 stock units for 8.1 percent of the volume traded.
The All Jamaican Composite Index dropped 4,253.80 points to 370,384.31, the JSE Main Index sank 4,099.91 points to close trading at 320,380.12 and the JSE Financial Index fell 0.73 points to end at 66.51. At the close, the Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.
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 dropped $5.88 in closing at $24.06 after traders exchanged 335 shares, Caribbean Cement shed $2 to close at $83 with investors dealing in 1,554 stock units, Eppley Caribbean Property Fund rallied 80 cents to end at $36 with 226 shares being traded. Jamaica Broilers sank $1 to $27 with trading of 112,886 stock units, Jamaica Producers shed $2.90 to finish at $22.10 with 102,005 units clearing the market, JMMB Group sank $1.81 and ended at $20.18 with investors trading 126,554 stocks. Kingston Wharves declined 85 cents to $32 after a transfer of 37,738 units, Margaritaville lost 59 cents and ended at $13.50 as investors traded 318 shares, Massy Holdings popped 50 cents to finish at $77.50 with 1,010 stock units crossing the market. Mayberry Jamaican Equities skidded 95 cents to close at $10.10 with traders dealing in 45,285 shares, MPC Caribbean Clean Energy fell 48 cents to end at $64.52 with brokers switching ownership of 4 stock units, 138 Student Living slipped 45 cents in closing at $3.25 with 2,248 stocks crossing the market. Pan Jamaica fell $2.20 to $50.60 with an exchange of 1,058 units, Seprod skidded $3.66 to close at $85 with 1,037 stocks changing hands, Stanley Motta lost 47 cents in closing at $6.28 in trading 309 shares. Supreme Ventures shed 53 cents to end at $19.01 after an exchange of 156,424 stock units and Sygnus Real Estate Finance sank 69 cents to finish at $8.31 after closing with an exchange of 941 units.
In the preference segment, Eppley 7.25% declined 59 cents and ended at $19.40 with investors trading 2,562 stocks. Jamaica Public Service 7% climbed $2.96 to $44.37 in an exchange of 17 shares, Jamaica Public Service 9.5% sank $1 to finish at $2,689 with traders passing 101 stock units through the market, 138 Student Living preference share surged $69.97 and ended at $239.98 with a transfer of 32 units and Sygnus Credit Investments C10.5% advanced $2 to close at $100.50 as investors exchanged 78 shares.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.