Decline for JSE Main Market

The Jamaica Stock Exchange Main Market dived at the close of trading on Wednesday, following activity in 60 securities compared with 57 on Tuesday, with prices of 15 stocks rising, 18 declining and 24 ending unchanged resulting in a marginal decline in the volume of stocks traded as the value climbed 26 percent over Tuesday.
The market closed with 11,755,061 shares being traded for $78,397,036 compared with 12,791,113 stock units at $62,324,282 on Tuesday.
Trading averaged 206,229 shares at $1,375,387 compared to 213,185 stocks at $1,038,738 on Tuesday and month to date, an average of 209,796 units at $1,202,746 compared with September that averaged 592,167 shares at $8,859,784.
Transjamaican Highway led trading with 3.02 million shares for 25.7 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund with 2.46 million stocks for 20.9 percent of the day’s trade, Wigton Windfarm with 2.26 million units for 19.2 percent market share and Lasco Manufacturing with 1.18 million shares for 10.1 percent of total volume.
The All Jamaican Composite Index dropped 2,909.34 points to 358,550.27, the JSE Main Index sank 2,808.47 points to settle at 314,538.23 and the JSE Financial Index increased 0.09 points to end at 66.89.
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 12 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden slipped $1.05 to finish at $35.95 with 2,631 stock units crossing the market, Barita Investments fell $2.24 to $78.01 with a transfer of 26,971 shares, Caribbean Cement fell $1.45 to $72.50 with 202,786 stock units being traded. Guardian Holdings popped $9.90 to $359.90 with an exchange of 1,568 units, Jamaica Broilers popped $2.68 to end at $37.95 with investors dealing in 2,855 stocks, Jamaica Producers climbed $1.93 in closing at $20.98 in switching ownership of 9,125 units. Jamaica Stock Exchange rose 62 cents to $10.63 as 30,459 shares passed through the market, JMMB Group advanced $1.98 to close at $24.49 with an exchange of 22,392 stock units, Massy Holdings sank $1.10 in closing at $76 after the swapping of 109,317 shares. Mayberry Jamaican Equities rallied $1.94 and ended at $12.99 with traders dealing in 95 units, Pan Jamaica skidded $1.40 to finish at $49 after a transfer of 188,886 stocks, Proven Investments increased $2.29 to end at $16.20 as investors exchanged 3,993 stock units. Seprod sank $6 in closing at $80 in trading 42,448 shares, Supreme Ventures climbed $1.37 to $22.98 with 46,822 stocks passing through the exchange and Wisynco Group increased 50 cents to end at $21 trading 80,446 units.
In the preference segment, Eppley 7.25% preference share declined $3 to finish at $16 with 3,992 stocks clearing the market, Eppley 7.50% preference share lost 99 cents and ended at $5.61 after an exchange of 440 units, JMMB Group 7.35% – 2028 dipped 40 cents to close at $2.78 with 330,155 shares crossing the market and 138 Student Living preference share popped $35.24 to $234.99 with investors swapping 23 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.