The Jamaica Stock Exchange Main Market closed on Wednesday, with the volume of stocks traded rising by 37 percent, valued 47 percent less than on Tuesday. Similar to Tuesday, the market ended with trading in 54 securities, with prices of 17 rising, 24 declining and 13 ending unchanged.
The market closed with 11,890,305 shares trading valued $79,422,000 compared to 8,675,194 stock units at $149,588,060 on Tuesday.
Trading averaged 220,191 shares at $1,470,778 compared to 160,652 stocks at $2,770,149 on Tuesday and month to date, an average of 146,822 units at $1,307,866 in line with 142,712 shares at $1,298,740 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Wigton Energy led trading with 2.76 million shares for 23.2 percent of total volume followed by Transjamaican Highway, with 2.14 million stock units for 18 percent of the day’s trade, JMMB Group closed with 1.57 million stocks for 13.2 percent of the volume traded and JMMB 9.5% with 1.28 million units for 10.7 percent of market share.
The All Jamaican Composite Index slipped 1,440.90 points to settle at 356,769.48, the JSE Main Index lost 1,119.63 points to settle at 309,555.28 and the JSE Financial Index climbed 0.07 points to finish at 64.42. At the close, the Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 12.9. The JSE Main and the 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 of trading, Caribbean Producers slipped by one cent in closing at $8.47 after closing with an exchange of 12,626 shares, with the price trading at an 52 week intraday low of $7.20, GraceKennedy popped 90 cents in closing at $73 with traders dealing in 15,156 shares, Guardian Holdings advanced $1 to $318 and closed after an exchange of 567 stocks, Jamaica Broilers rose 50 cents and ended at $24.50, with 881 units crossing the market. Jamaica Stock Exchange rallied 97 cents to finish at $12.88 in an exchange of 12,859 shares, Massy Holdings increased 50 cents to end at $77.50 with investors swapping 18,760 stock units, MPC Caribbean Clean Energy slipped $1.77 to close at $62.75 with an exchange of just one share.
NCB Financial lost $2 to close at $40.60, with 110,184 units crossing the market. Sagicor Group declined $1.50 and ended at $40 in trading 1,162 stocks, Sagicor Real Estate Fund fell $1.05 in closing at $7.15 after an exchange of 401 stock units. Seprod sank $1.45 to finish at $77.50 with a transfer of 27,115 shares, Sterling Investments climbed 61 cents to close at $3.46 with investors dealing in 2,989 stock units and Wisynco Group dropped $1.55 to end at $18.95 in an exchange of 50,577 units.
In the preference segment, Jamaica Public Service 7% sank $1.99 to $36.01, with 129 stocks changing hands and 138 Student Living preference share dipped $34.24 to end at $190 after a transfer of 109 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.