Falling Main Market stocks beat out gainers

The Main Market of the Jamaica Stock Exchange opened with a big 3,539 points rise in the market index by the end, the gains petered out at the close on Tuesday, with the volume of stocks traded declining 20 percent with a 38 percent rise in value over Monday, with trading in 60 securities compared with 62 on Monday, with prices of 16 rising, 27 declining and 17 ending unchanged.
The market closed with 14,595,442 shares being traded for $395,682,969 compared to 18,149,104 stock units at $287,225,487 on Monday.
Trading averaged 243,257 shares at $6,594,716 compared with 292,727 units at $4,632,669 on Monday and month to date, an average of 590,792 stocks at $8,421,766 compared with 613,311 shares at $8,540,150 on the previous day and well above August with an average of 290,511 units at $2,258,494.
NCB Financial led trading with 6.39 million shares for 43.8 percent of total volume followed by Wigton Windfarm with 1.87 million stock units for 12.8 percent of the day’s trade, Transjamaican Highway closed with 1.26 million stocks for 8.6 percent of market share and Sagicor Select Financial Fund with 1.02 million shares for 7 percent of total volume.
The All Jamaican Composite Index sank 945.77 points to settle at 349,182.53, the JSE Main Index declined 226.85 points to close at 308,240.19 and the JSE Financial Index rose 0.28 points to finish at 65.12.
The Main Market ended trading with an average PE Ratio of 14.2. 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 10 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Berger Paints fell 61 cents to $6.23 after investors traded 30,316 shares, Eppley Caribbean Property Fund climbed $1.99 to $42 in trading 76 stocks, GraceKennedy fell $1.09 to $73.40, with 11,394 shares crossing the exchange. Guardian Holdings sank $14.98 to finish at $335 in switching ownership of 618 stock units, Jamaica Broilers rose 61 cents to close at $35 after a transfer of 58,246 shares, Jamaica Producers skidded $1.98 in closing at $20.02 after 16,508 stock units passed through the market. Jamaica Stock Exchange advanced 47 cents to $10.65 in an exchange of 56,094 stocks, Margaritaville popped $1.89 to finish at $14 with traders dealing in 16 units, NCB Financial sank $1.99 and ended at $51.01 with 6,393,236 shares clearing the market. Pan Jamaica slipped $1.08 to end at $46.20 with a transfer of 3,996 units, Sagicor Group shed 45 cents in closing at $39.05 after trading 205,319 stock units, Scotia Group declined $1.23 to $44.01 with 377,425 stock units crossing the market. Seprod dropped $3.29 to $80.01 as investors traded 19,120 shares, Supreme Ventures dipped 48 cents in closing at $21.51 with 572,305 stocks crossing the market and Wisynco Group lost $1.09 to end at $20.35 with investors dealing in 76,083 units.
In the preference segment, Eppley 7.25% preference share increased 99 cents and ended at $19.59 after an exchange of 10 stock units, Eppley 7.75% preference share gained $2 to finish at $21.99 with investors trading 2,507 shares, 138 Student Living preference share shed $1.01 to close at $179.99 after an exchange of 4 stock units and Sygnus Credit Investments C10.5% sank 50 cents to $103 with investors swapping 500 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.