Transjamaican Highway closed at a record high of $12.70 after climbing a solid $1.42, with the volume of stocks trading rising 35 percent on the Jamaica Stock Exchange Main Market on Wednesday, with at a slightly lower value compared to Tuesday. Trading ended with 59 securities changing hands similar to Tuesday, with prices of 24 rising, 27 declining and eight ending unchanged.
The market closed following an exchange of 24,918,385 shares for $213,647,357 compared with 18,467,471 stocks with a value of $241,065,021 on Tuesday.
Trading ended with an average of 422,346 shares having a value of $3,621,142, with 313,008 stock units at $4,085,848 on Tuesday and month to date, an average of 369,799 units worth $4,794,013 compared with 343,964 shares at $5,370,674 on the previous day and well above July that closed with an average of 294,201 stock units at $3,175,664.
Transjamaican Highway led trading with 11.06 million shares for 44.4 percent of total volume, followed by Wigton Energy which ended with 6.58 million stocks for 26.4 percent of the day’s trade and Lasco Distributors with 2.27 million units for 9.1 percent of stocks traded, following release of positive first quarter results.
The All Jamaican Composite Index rallied 2,130.90 points to end at 449,254.35, the JSE Main Index advanced 1,615.50 points to conclude trading at 376,719.18 and the JSE Financial Index dipped 0.14 points to settle at 70.04.
At the close, the Investor’s Choice bid-offer indicator shows 18 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.8. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasted for the fiscal year ending around August 2026.
At the close of the market, Barita Investments declined $1.50 to finish at $65.50, with 14,444 units crossing the market, Caribbean Cement rose $2 to $116 with an exchange of 6,346 stock units, Carreras rallied 43 cents and ended at $35.91 with an exchange of 497,416 shares. Eppley Caribbean Property Fund fell $2.80 to close at $39.20 with investors trading 3,457 stock units, GraceKennedy dropped 50 cents in closing at $75.50, after an exchange of 45,147 shares, Guardian Holdings lost $7 to end at $360 after 9,431 stock units passed through the market. Proven Investments dipped 56 cents in closing at $9.34 after an exchange of 25,370 units, Quantas Advantage shed 56 cents to $15 in trading 174,203 stocks,
Sagicor Real Estate Fund slipped $2.50 and ended at $6.50, with 38,255 shares changing hands. Scotia Group skidded 44 cents and ended at $57.06 after an exchange of 230,489 stock units, Transjamaican Highway increased $1.42 to close at a record high of $12.70 after trading of 11,057,816 stock units and West Indies Petroleum lost $1.29 to end at $8.60, with 11,336 stock units crossing the market.
In the preference share segment, Sygnus Credit Investments 10% climbed $13 in closing at $113 after a transfer of 252 shares and Sygnus Credit Investments C10.5% ended with an exchange of 893 stocks after falling by $2.51 and ended at $103.99.Prices of securities trading are those of the last transaction.
The healthy increase is fueled by West Indies Petroleum a solid outperforming stock, well above others, after rising 598 percent, but lower than the much higher level of $14 on January 14 when it peaked at an uncanny high. The price has since cooled but still excessively high, with a PE ratio of 178.
The biggest losers include movie house, Palace Amusement Company with a decline of 60 percent, followed by MPC Caribbean Energy, down 38 percent while the investment house, Proven Investments, ended with a loss of 35 percent, Portland PJX lost 34 percent followed by a Caribbean Producers with a fall of 30 percent.
The market closed with trading of 18,467,471 shares with valued at $241,065,021, in comparison with 22,808,177 stocks at $403,415,861 on Monday.
The Main Market ended trading with the average PE Ratio at 15.4. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and forecasted earnings that for companies with the financial year ending around August 2026.
Kingston Wharves increased 76 cents to end at $34 with investors trading 24,830 units, Pan Jamaica declined $1.51 to close at $43.49 after an exchange of 8,252 stocks. Proven Investments climbed $1.09 to $9.90 in trading 18,689 shares, Sagicor Real Estate Fund rallied 50 cents and ended at $9 with a transfer of 597 stocks, Scotia Group increased 49 cents to close at $57.50 after trading of 34,390 units. Seprod dipped $1.50 in closing at $72.50 in an exchange of 16,979 stock units and Sygnus Real Estate Finance fell $2.11 to end at $7.39 with 2,104 shares crossing the market.
The market closed after trading of 22,808,177 shares with a value of $403,415,861, down from trading of 41,753,131 stock units valued at $323,847,100 on Friday.
At the close of trading, AS Bryden dropped $2 to end at $25 with 941 units passing through the market, Barita Investments fell 40 cents to $66.90 following trading in 26,755 stocks, Berger Paints skidded 50 cents and ended at $5 as investors traded 94,609 shares. Carreras rallied $1.01 in closing at $36.50 after trading of 193,497 stock units, Eppley Caribbean Property Fund popped $1.05 to finish at $43.99 in the trading of 83 shares, General Accident fell 75 cents to close at $8.25 with investors trading 2,987 stock units. GraceKennedy gained 55 cents to end at $76.25 after an exchange of 24,458 units, Guardian Holdings dipped $5 to end at $365 with investors swapping 8,125 stocks, Jamaica Producers rose 98 cents in closing at $21.98 in switching ownership of 452 units. Kingston Properties slipped 55 cents to $10.45 with investors dealing in 591 stocks, Lasco Manufacturing declined 52 cents and ended at $7.18 with 15,425 shares crossing the market, Pan Jamaica shed 95 cents to finish at $45 with an exchange of 11,935 stock units. Quantas Advantage declined 50 cents and ended at $15.50 with 39,274 shares clearing the market, Sagicor Real Estate Fund shed 50 cents to close at $8.50 after an exchange of 3,436 stock units,
Scotia Group fell 49 cents to end at $57.01 with 21,179 stock units changing hands. Seprod dropped by $1 in closing at $74 after an exchange of 38,676 stocks, Transjamaican Highway advanced 56 cents to close at $10.95 with 6,535,147 shares crossing the market and the West Indies Petroleum climbed 76 cents to finish at $9.90 after a transfer of 11,594 stocks.
The market closed with the trading of 12,846,746 shares with a value of $102,917,764, with a slight fall from 13,213,833 stock units worth $105,706,728 on Thursday.
At the close, Barita Investments shed 44 cents to finish at $68.01 after an exchange of 7,088 stock units, Berger Paints declined by 50 cents and ended at $5 with 9,444 shares clearing the market, Carreras rallied 89 cents to close at $30.89 with an exchange of 89,884 stocks. Eppley Caribbean Property Fund increased $3.50 in closing at $44.50, with trading of 176 units, General Accident rose 40 cents to $9 with a transfer of 6,896 stocks, GraceKennedy lost $4.47 to end trading at $71.53, with 29,253 units crossing the market. Guardian Holdings gained $1.01 in closing at $354 with investors trading 1,632 shares, Kingston Properties rose 58 cents to $10.48, with 300 stock units crossing the market, Lasco Manufacturing dipped 42 cents to close at $6.60 after trading of 20,443 shares. Margaritaville fell $2.50 and ended at a 52 weeks low of $8.50 as investors exchanged 300 stock units, Massy Holdings advanced 51 cents to end at $72.01 in switching ownership of 585 stocks, Mayberry Group dropped 44 cents to finish at $5.54, with 1,859 units crossing the exchange. NCB Financial climbed $1 and ended at $72.90 after 154,295 shares were exchanged,
Proven Investments slipped 48 cents to $9.82 with investors dealing in 23,144 units, Quantas Advantage skidded 80 cents in closing at an all-time low of $14.45 after an exchange of 14,198 stocks. Scotia Group declined by 94 cents to $57.06 with investors swapping 26,745 stock units, Seprod skidded $1.50 to close at $73 after 9,674 shares passed through the market and Sygnus Credit Investments fell 60 cents to finish at $9.35 and closed with 1,001,538 stock units changing hands.
The market closed following trading falling by 57 percent
The All Jamaican Composite Index rallied a solid 5,202.98 points to finish at a 5-year by a record high of 423,099.82, the JSE Main Index rose 2,502.79 points to settle at 355,579.82 and the JSE Financial Index popped by 0.64 points to end at 68.33. At the close, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and one with a lower offer.
NCB Financial climbed $2 to finish at a 52 weeks closing high of $65 after an exchange of 235,149 shares, with the price trading at an intraday high of $66 and more that doubling since August last year. Proven Investments advanced 45 cents to $11.45 with 4,451 stocks passing through the market, Quantas Advantage dipped $1.01 in closing at $19.99 in switching ownership of 146,197 units, Sagicor Group rallied 70 cents to $39.70 with investors trading 4,467 stock units. Sagicor Real Estate Fund slipped 90 cents to $8.10 with 1,030,603 shares crossing the exchange, Scotia Group ended at $58.00 with dealers swapping 37,590 shares and Sygnus Real Estate Finance climbed $1.76 to end at $8.50 with 124 units clearing the market.
The market closed with 38,787,920 shares trading for $319,454,428, up from 22,091,560 stock units at $255,435,039 on Friday.
The Main Market ended trading with an average PE Ratio of 15.1. ICInsider.com compiles the JSE Main and USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
Proven Investments slipped 49 cents in closing at $10.51 in trading 483 stock units, Scotia Group lost 40 cents to finish at $57.50 and closed with an exchange of 25,927 stocks, Seprod dipped $1 to close at $79 in switching ownership of 2,296 units and Wisynco Group rose 42 cents to $20.22 after an exchange of 38,498 stocks.
Market activity ended after an exchange of 23,242,113 shares at $165,216,260, compared with 24,281,054 stock units valued at $113,829,111 on Wednesday.
At the close of the market, Berger Paints lost 66 cents and ended at $5.14 with 2,311 shares clearing the market, Carreras shed $1.10 to close at $28 following trading of 496,408 units, Eppley Caribbean Property Fund popped $1.35 in closing at $43.75 after 648 shares changed hands. First Rock Real Estate advanced 44 cents to finish at $7.60 after a transfer of 1,708 stock units, Guardian Holdings rose $16.81 to $349 in switching 7,270 stocks, Kingston Wharves fell 70 cents to $34.80 following trading of 14,182 shares. Mayberry Group rallied 45 cents to $5.98 in an exchange of 16,593 units, Mayberry Jamaican Equities slipped 68 cents to $6.10 with investors swapping 1,500 stocks, NCB Financial increased $1 in closing at $61 with 221,084 stock units crossing the market. Pan Jamaica climbed $1.40 to close at $47.40 with a transfer of 372 shares, Proven Investments dipped 50 cents to finish at $11 with investors dealing in 35,016 stocks,
Scotia Group gained 50 cents and ended at $58 with 8,063 units crossing the exchange. Seprod popped 50 cents to $79 in trading 4,060 stock units and Wisynco Group declined 50 cents and ended at $20 with 11,391 shares changing hands.
The market closed with 24,281,054 shares trading worth $113,829,111 compared with 10,290,895 stock units at $135,163,331 on Tuesday.
The Main Market ended trading with an average PE Ratio of 15. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for fiscial year ending around August 2026.
Pan Jamaica dropped $1 and ended at $46 with investors trading 273,802 units, Sagicor Real Estate Fund gained 48 cents to $8.99 with 522 stocks crossing the exchange. Scotia Group shed 50 cents in closing at $57.50 in trading 64,133 shares, Seprod declined $1.49 to finish at $78.50 with 56,127 stocks crossing the market and Sygnus Real Estate Finance climbed 51 cents to $8 in an exchange of 845 units.