Trading on the Jamaica Stock Exchange Main Market ended on Monday, with a 133 percent jump in the volume of stocks traded, with the value 82 percent more than on Friday, following trading in 58 securities, compared with 55 on Friday, with prices of 18 rising, 20 declining and 20 ending unchanged as the market lost ground to start off the week.
The market closed with 13,400,959 shares trading for $152,861,943, up from 5,596,297 stock units at $75,970,219 on Friday.
Trading averaged 231,051 shares at $2,635,551, up from 101,751 stocks at $1,381,277 on Friday and for the month to date, an average of 274,239 units at $1,921,095 compared with 279,229 shares at $1,838,549 on the previous trading day and July with an average of 270,399 stock units at $2,493,078.
Transjamaican Highway led trading with 3.66 million shares for 28.1 percent of total volume followed by Sagicor Select Manufacturing & Distribution Fund which ended with 1.44 million stocks for 11.1 percent of the day’s trade, Wigton Energy closed with 1.09 million stock units for 8.4 percent of the volume traded and Carreras with 1.01 million shares for 7.8 percent of market share.
The All Jamaican Composite Index lost 2,311.43 points to conclude trading at 360,257.06, the JSE Main Index dropped 1,730.10 points to wrap up trading at 312,469.49 and the JSE Financial Index slipped 0.18 points to 64.69. At the close of the market, the Investor’s Choice bid-offer indicator shows 17 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 13.5. 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 the market, Caribbean Cement sank $1.50 to finish at $90 closing with 16,540 shares being traded, Eppley gained $3.26 to $33.32 after an exchange of 3,576 stock units, GraceKennedy popped 50 cents to end at $70.50 with 89,005 shares crossing the market. Jamaica Stock Exchange advanced 68 cents in closing at $12.94, with investors exchanging 70 stocks, JMMB Group rose 44 cents to close at $19.45 after traders transferred 6,647 units, Kingston Wharves declined 95 cents and ended at $31.05 with 2,365 stocks changing hands. Mayberry Jamaican Equities fell 39 cents to $10.60 with 648 shares crossing the exchange, MPC Caribbean Clean Energy skidded $1.54 to close at $63.45 with investors trading 12 stock units, NCB Financial lost 41 cents in closing at $41 as 1,014,403 stock units passed through the market.
138 Student Living dropped 67 cents and ended at $4.02 following the trading of 5,136 shares, Pan Jamaica climbed 49 cents to end at $49 with investors dealing in 230,552 stocks, Proven Investments increased 49 cents to finish at $16.49 in an exchange of 75,782 units. Sagicor Group rallied $1.14 and ended at $41 with investors swapping 190,976 stock units, Scotia Group shed 54 cents to $55.16 with 138,775 shares crossing the market, Seprod sank $6.03 in closing at $77.02 with traders switching ownership of 11,615 stock units. Sterling Investments dipped 38 cents to close at $3.30 with 281,566 units clearing the market and Supreme Ventures slipped 40 cents to finish at $18.85 with a transfer of 218,995 stocks.
In the preference segment, 138 Student Living preference share popped $24 to end at $227 after traders exchanged 38 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.