Rising stocks beat out losers on the Jamaica Stock Exchange Main Market on Tuesday, following trading in 60 securities similar to Monday, with prices of 26 rising, 18 declining and 16 ending unchanged. Market activity ended with a 27 percent rise in the volume of stocks traded at a 63 percent lower value than on Monday, and ended with gains in the market indices.
The market closed with 13,154,510 shares trading worth $72,172,993 compared with 10,381,875 stocks at $197,316,364 on Monday.
Trading averaged 219,242 shares at $1,202,883, up from 173,031 stocks at $3,288,606 on Monday and month to date, an average of 247,896 units at an average of $1,767,299, in close alignment with 249,752 shares at $1,803,870 on the previous day and more than October ending with an average of 210,503 stock units at $1,467,012.
Transjamaican Highway led trading with 5.97 million shares for 45.4 percent of total volume followed by JMMB Group 10%, with 2.38 million stock units for 18.1 percent of the day’s trade and Sagicor Select Financial Fund with 655,700 stocks for 5 percent of the volume traded.
The All Jamaican Composite Index rallied 2,251.41 points to 359,721.94, the JSE Main Index advanced 425.42 points to close trading at 314,894.62 and the JSE Financial Index dipped 0.54 points to 63.77. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. 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 2026.
At the close of the market, AS Bryden popped $1.52 to close at $33.50 with investors trading 311 shares, Caribbean Cement rallied $4.50 to $106 with 6,287 stocks crossing the exchange, Carreras rose 64 cents to end at $17.90 with traders dealing in 112,528 shares. Eppley dipped 49 cents to $34.50 as investors exchanged 5,803 units, Eppley Caribbean Property Fund fell $5.83 to $39.99 with 461 stocks being traded, GraceKennedy rose 50 cents to finish at $73.50 in an exchange of 68,455 shares. Guardian Holdings slipped 45 cents to $369.50 with investors trading 138 stocks, Jamaica Broilers gained 35 cents to end at $17.95 with 53,038 stock units switching owners, Jamaica Stock Exchange climbed 78 cents in closing at $11.98 after an exchange of 4,818 stock units. Kingston Wharves increased 50 cents and ended at $29.50 with investors dealing in 5,843 shares, Mayberry Group climbed 60 cents to close at $7.15 with 8,003 stock units changing hands, NCB Financial lost $1.65 to finish at $39 with investors swapping 83,362 stocks.
Sagicor Real Estate Fund increased $1.25 and ended at $7.56 with 700 stock units crossing the market, Seprod declined 38 cents to $81.60 in the trading of 3,093 shares, Sygnus Real Estate Finance popped 45 cents to end at $10.50 after an exchange of 3,591 units and Wisynco Group gained $1.64 in closing at $20.89 with 187,337 stocks clearing the market.
In the preference segment, Jamaica Public Service 9.5% shed $389.85 to finish at $2,209.15 with an exchange of 2 stock units, 138 Student Living preference share rose $25 to close at $255 after an exchange of 44 shares. Productive Business Solutions 10.5% rallied $100 to $1,155 with traders swapping a mere one unit and Sygnus Credit Investments 10% advanced $1.99 to close at $107.99 with 134 stocks crossing the market.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.