The Jamaica Stock Exchange Main Market ended on Thursday, with gains in major market indices following trading in 61 securities down from 63 on Wednesday, with prices of 21 stocks rising, including Caribbean Cement that closed at a 52 weeks’ high of $74. Prices of 21 stocks declined, 19 ended unchanged resulting in the volume of stocks traded declining 12 percent and the value 72 percent lower than on Wednesday. The market closed with 27,500,921 shares trading for $159,469,871 compared to 31,085,446 stocks at $577,400,450 on Wednesday.
Trading averaged 450,835 shares at $2,614,260 compared to 493,420 stocks at $9,165,087 and month to date, an average of 205,025 units at $2,311,672 compared with 192,962 shares at $2,296,822 on the prior day and September that averaged 592,167 stock units at $8,859,784.
Sagicor Select Financial Fund led trading with 6.73 million shares for 24.5 percent of total volume followed by Transjamaican Highway with 6.40 million stock units for 23.3 percent of the day’s trade, Wigton Windfarm with 6.23 million stock units for 22.6 percent market share and Radio Jamaica with 2.29 million shares for 8.3 percent of total volume.
The All Jamaican Composite Index climbed 3,211.53 points to end trading at 363,734.82, the JSE Main Index gained 2,216.56 points to finish at 314,993.25 and the JSE Financial Index popped 0.77 points to conclude trading at 66.16. The Investor’s Choice bid-offer indicator shows 12 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 1.46. 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.
At the close, Caribbean Cement climbed $1.52 and ended at a 52 weeks; high of $74 with investors trading 724,184 stocks, Eppley popped $4.44 to $37.44 in an exchange of 69 units, Eppley Caribbean Property Fund fell 40 cents to finish at $41.15 after one share was traded. General Accident rallied 80 cents in closing at $6.80 after an exchange of 1,411 stock units, GraceKennedy increased 70 cents to close at $74 with investors dealing in 294,785 shares, Guardian Holdings gained $9 to end at $314 with 177 stocks clearing the market. Jamaica Broilers rose $1.98 in closing at $36.98 with trading of 29,321 stock units, Kingston Wharves advanced $2.50 to $28 after a transfer of 6,566 stocks, Massy Holdings sank 95 cents to end at $73.05 after 224 shares passed through the market. MPC Caribbean Clean Energy popped $1.50 and ended at $78 with a transfer of 110 stock units, NCB Financial rallied $1.04 to close at $52.74 with 70,105 units changing hands, Proven Investments climbed 50 cents to finish at $20.50 as investors exchanged 47,031 stocks. Sagicor Real Estate Fund rose 75 cents and ended at $8.50 in trading 864,708 shares, Salada Foods dipped 40 cents to $3.15 after an exchange of 24,502 stocks, Scotia Group rallied 50 cents in closing at $45.50 with an exchange of 27,625 units and Seprod gained $3 to close at $86 with 44,658 stock units crossing the exchange.
In the preference segment, Eppley 7.50% preference share sank 99 cents to end at $5.61 with investors swapping 112 shares and 138 Student Living preference share advanced $38 to finish at $250 with an exchange of 242 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.