Bulls continue to charge quietly in trading on the Jamaica Stock Exchange Main Market ended on Friday, with trading in 62 securities compared with 63 on Tuesday, driving prices of 31 stocks higher, 12 lower and 19 ended unchanged, as 5 stocks hit 52 weeks’ high and one at a yearly low, with the volume of stocks traded rising 185 percent and the value 15 percent lower than on Tuesday.
The market closed with 43,842,677 shares trading for $162,667,778 compared to 15,371,742 stock units at $192,090,145 on Tuesday.
Trading averaged 707,140 shares at $2,623,674 compared to 243,996 stocks at $3,049,050 on Tuesday and month to date, an average of 1,016,778 units for $20,227,364 compared with 1,035,471 shares at $21,290,099 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy led trading with 18.14 million shares for 41.4 percent of total volume followed by Transjamaican Highway with 8.45 million stocks for 19.3 percent of the day’s trade, Sagicor Select Financial Fund ended with 6.13 million units for 14 percent of market share, QWI Investments contributed with 2.65 million shares for 6 percent of stocks traded, Lasco Manufacturing closed with 2.34 million stock units for 5.3 percent of trading and Sterling Investments with 1.19 million units for 2.7 percent of total volume.
Caribbean Cement ended at a 52 weeks’ high of $85.98 after hitting an intraday high of $86.65, Pan Jamaica closed at 52 weeks’ high of $61.0, Wigton Energy ended at a 52 weeks’ high of $1.59 after hitting a record high of $1.70, while Jamaica Public Service 9.5% preference shares declined to $2,431 for a yearly low. Carreras traded at pay intraday 52 weeks high of $13.02 and Scotia Group at$56.98 before falling back to close much lower.The All Jamaican Composite Index popped 4,047.53 points to end at 382,134.59, the JSE Main Index increased 1,586.90 points to 331,480.08 and the JSE Financial Index popped 0.41 points to finish at 67.64. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 14.8. 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, AS Bryden rose 69 cents to finish at $30.69 in trading 1,028 shares, Caribbean Cement gained 98 cents and ended at a 52 weeks’ closing high of $85.98 after hitting an intraday high of $86.65 and ending with 15,471 stocks clearing the market, First Rock Real Estate popped $1.30 to $10 as investors exchanged 24,651 shares. Jamaica Broilers increased $1.55 to end at $39.55 after 29,845 stock units were traded, Jamaica Producers climbed $1.69 in closing at $23.70 with an exchange of 11,734 shares, Kingston Wharves advanced 80 cents to close at $32.99 after 4,143 stocks passed through the market. Lasco Manufacturing rallied 66 cents to $8.16 with investors dealing in 2,342,337 units, Massy Holdings fell $2.60 and ended at $84.90 with a transfer of 1,565 stock units, Mayberry Group popped $1.11 to end at $9.10 with investors swapping 122,127 shares. Mayberry Jamaican Equities climbed $1.25 in closing at $11.30 after an exchange of 197,888 stocks, Pan Jamaica rose $4 to close at a 52 weeks’ high of $61 with investors trading 121,445 units, Proven Investments gained $1 to finish at $19.50 after a transfer of 40,102 stock units. Sagicor Group increased 90 cents and ended at $38.01 with traders dealing in 18,558 shares, Scotia Group fell $2.41 to $52.50 crossing the exchange 106,437 units after the price hit a 52 weeks’ intraday high of $57.94 before it ran out of steam, Seprod dipped 50 cents to close at $84.50 with 2,559 stocks changing hands. Supreme Ventures rallied $1.60 to end at $24 after an exchange of 1,024,563 stock units and Sygnus Real Estate Finance sank 88 cents in closing at $10 with 3,392 shares crossing the market.
In the preference segment, Jamaica Public Service 7% declined $3.95 to finish at $40 in an exchange of 124 units and Jamaica Public Service 9.5% shed $429 and ended at a 52 weeks’ low of $2,431 with 34 stocks crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.