Falling stocks dominates Main Market trading

Falling stocks dominated trading on the Jamaica Stock Exchange Main Market ended on Tuesday, following a 47 percent decline in the volume of stocks traded and a 68 percent lower value than on Monday, with trading in 58 securities compared with 59 on Monday, with prices of 16 stocks rising, 33 declining and nine ending unchanged.
The market closed on Tuesday with 6,821,943 shares being traded for $67,725,820 compared to 12,757,709 units at $210,277,244 on Monday.
Trading averaged 117,620 shares at $1,167,687 compared with 216,232 stock units at $3,564,021 on Monday and month to date, an average of 245,441 units at $1,749,434 compared to 256,935 units at $1,801,747 on the previous day and trading in May with an average of 336,947 units at $2,177,110.
Sygnus Credit Investments led trading with 1.46 million shares for 21.4 percent of total volume followed by JMMB 9.5% preference share with 1.37 million units for 20.1 percent of the day’s trade and Transjamaican Highway with 1.18 million stocks for 17.2 percent of market share.
The All Jamaican Composite Index slipped 2,008.17 points to 353,488.03, the JSE Main Index advanced 304.05 points to end at 317,675.36 and the JSE Financial Index shed 0.13 points to settle at 66.81.
The Main Market ended trading with an average PE Ratio of 13.8. 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 nine stocks ended with bids higher than their last selling prices and six with lower offers.
At the close of trading, AS Bryden rallied $8 to $42 in an exchange of 10,000 stocks, Barita Investments increased 31 cents in closing at $71.71 with investors transferring 2,191 units, Berger Paints dipped $1.28 to end at $8.45, with 1,312 shares crossing the exchange. Caribbean Cement fell $2.70 to finish at $61.75 in switching ownership of 23,204 stock units, Eppley sank $2.45 and ended at $36.50, with 2,726 shares changing hands, Eppley Caribbean Property Fund popped $1.72 to close at $40.50 with trading of 636 stocks. First Rock Real Estate advanced 61 cents to $9.01, with 1,127 units crossing the market, General Accident skidded 45 cents to finish at $6.55 after investors ended exchanging 5,395 stock units, GraceKennedy lost $2.33 and ended at $74.07 with a transfer of 28,415 shares. Jamaica Broilers rose $1 to end at $33, after 4,119 stock units passed through the market, Jamaica Stock Exchange shed $1.12 in closing at $9.58 with an exchange of 59,135 stocks, JMMB Group dropped 40 cents to close at $24.10 with 98,605 units changing hands. Kingston Wharves declined $1.99 to $24.01 as investors exchanged 4,612 stocks, Lasco Manufacturing slipped 67 cents in closing at $6.27, with 112,085 units crossing the market, Margaritaville climbed $1.67 and ended at $16.22 with investors swapping 1,000 shares. Massy Holdings lost $4.98 to finish at $80.02 with 10,592 stock units clearing the market, NCB Financial slipped $1.09 to close at $57.91 with investors dealing in 404,189 shares, Pan Jamaica fell $2.14 to end at $46.86 after an exchange of 34,040 stocks. Proven Investments gained 43 cents in closing at $20 with investors trading 304 units, Sagicor Group popped 50 cents to $41 in an exchange of 44,066 stock units, Sagicor Real Estate Fund dropped 52 cents to close at $7.51 with traders dealing in 183,621 shares. Scotia Group shed $1.59 to end at $42.71 after a transfer of 12,278 units, Seprod declined $1 and ended at $78.50 in trading 2,800 stocks, Sygnus Credit Investments climbed 64 cents to finish at $11.24 after an exchange of 1,461,969 stock units and Sygnus Real Estate Finance sank 94 cents and ended at $9.51 in trading 7,223 shares,
In the preference segment, Eppley 7.50% preference share increased $1 to $6.50, with 6,106 stocks crossing the exchange, Jamaica Public Service 7% dipped $3 to finish at $45 with investors swapping 16 units and JMMB Group 7.15% – 2028 rose 48 cents to end at $3.08 with an exchange of 201 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.