Falling JSE Main Market stocks outdid risers

Trading activity rose on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded jumping 137 percent with a 34 percent higher value than on Friday, with trading in 61 securities compared with 60 on Friday, with rising stocks being dwarfed by declining ones on a one to three ratio following the prices of 21 stocks rising, 32 declining and eight ending unchanged.
Trading closed with 11,028,594 shares for $88,599,929 versus just 4,656,593 units at $66,077,872 on Friday.
Trading averaged 180,797 shares at $1,452,458 compared to 77,610 units at $1,101,298 on Friday and month to date, an average of 185,174 units at $1,138,305 compared with 186,674 units at $1,030,646 on the previous trading day and April with an average of 680,802 units at $3,619,595.
Transjamaican Highway led trading with 3.41 million shares for 30.9 percent of total volume followed by Wigton Windfarm with 2.64 million units for 24 percent of the day’s trade, QWI Investments came in with 1.21 million stocks for 11 percent market share and General Accident with 1.03 million shares for 9.3 percent of total volume.
The All Jamaican Composite Index rose 486.01 points to finish at 358,584.22, the JSE Main Index declined 131.88 points to finish at 320,662.11 and the JSE Financial Index fell 0.50 points to lock up trading at 67.99.
The Main Market ended trading with an average PE Ratio of 12.9. The JSE Main and USD Market PE ratios are based on the 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 15 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Barita Investments slipped 48 cents to $72, with 8,576 shares changing hands, Caribbean Cement sank $2.30 to $67.60 with investors trading 10,178 stocks, Caribbean Producers declined $1 to finish at $8 after 41,355 shares crossed the market. Eppley climbed $3 and ended at $40 as investors exchanged 4,951 stock units, First Rock Real Estate shed 78 cents to end at $10 in trading 12,385 shares, General Accident increased 40 cents to close at $6.90, with 1,026,275 stock units crossing the market. Guardian Holdings dropped $9.90 to $360.10 in swapping 2,329 units, Jamaica Producers lost 65 cents to finish at $22.55 with 304 stocks crossing the exchange, Jamaica Stock Exchange skidded 60 cents and ended at $10.90 with a transfer of 51,733 units. JMMB Group popped 80 cents to close at $24.40 after an exchange of 28,918 stocks, Margaritaville gained $1.45 to end at $15.71 after a mere two shares passed through the market, Massy Holdings fell $1.40 to close at $88.60 in an exchange of 8,426 stock units. Mayberry Jamaican Equities dipped $1.26 to $9.60 with investors trading 35,500 shares, NCB Financial lost 75 cents and ended at $61 after an exchange of 639,915 units, Pan Jamaica skidded $3.56 to finish at $47.50 closed after 13,285 stocks changed hands. Portland JSX fell 75 cents to $9.50 after a transfer of 1,301 stock units, Sagicor Group dipped 60 cents in closing at $41 with traders dealing in 18,598 shares, Scotia Group rose $1 to close at $42 with 7,758 stocks clearing the market. Seprod sank $6.50 to $77 trading 8,520 units, Sygnus Real Estate Finance advanced 34 cents to end at $11.89 with an exchange of 79 stock units and Wisynco Group shed 94 cents in closing at $20.51 with investors trading 37,588 shares.
In the preference segment, Eppley 7.25% preference share dropped $1.50 to finish at $18.50 in an exchange of 3 units, Eppley 7.50% preference share rallied 55 cents and ended at $6.10 with investors dealing in 2 stocks, Jamaica Public Service 7% increased $6.42 to close at $48.93 with 226 stock units changing hands. JMMB Group 7% preference share declined 50 cents to $2.85 with an exchange of 1,000 shares and 138 Student Living preference share slipped $18 to finish at $200 after 100 stock units changed hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.