Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with a 21 percent rise in the volume of stocks traded and the value dropping 27 percent below Wednesday’s level, following trading in 57 securities compared with 58 on Wednesday, with prices of 17rising, 21 declining and 19 ending unchanged.
The market closed with 9,442,070 shares trading worth $56,653,050 compared to 7,812,662 stock units at $77,406,640 on Wednesday.
Trading averaged 165,650 shares at $993,913 compared to 134,701 stocks that averaged $1,334,597 on Wednesday and month to date, an average of 1,728,197 units valued at $7,140,560, down from 1,830,454 shares at $7,542,809 on the prior day, compared with March with an average of 896,190 stock units at $20,804,277.
Sagicor Select Financial Fund led trading with 2.85 million shares for 30.2 percent of total volume, followed by Transjamaican Highway, which ended with 2.83 million shares for 30 percent of the day’s trade and Wigton Energy with 1.69 million units for 17.9 percent of the overall volume.
The All Jamaican Composite Index rose 1,669.61 points to wrap up trading at 364,075.81, the JSE Main Index climbed 1,068.01 points to 316,258.81, and the JSE Financial Index rallied 0.50 points to finish at 65.43. The Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 13.2. 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 rallied $6.09 to end at $84.29 in trading 1,208 shares, Caribbean Producers popped 40 cents to $8.40 after a transfer of 118,707 units, Carreras dipped 40 cents to finish at $15 with investors dealing in 237,270 stock units. Eppley Caribbean Property lost $4.85 and ended at $34.60 after 600 shares were traded. First Rock Real Estate dropped 70 cents to close at $8.55 following the trading of 55 stock units, General Accident fell 60 cents in closing at $4.80 in switching ownership of 2,600 shares. GraceKennedy sank 40 cents to $71.60 with traders dealing in 90,437 stock units, Jamaica Broilers climbed $1 and ended at $26 with 15,136 stock crossing the exchange, JMMB Group rose 97 cents to close at $20.02 with investors trading 21,513 units. Kingston Properties advanced 90 cents to finish at $9.30 with 122 stocks clearing the market, Kingston Wharves shed $1.36 in closing at $27.10 as investors exchanged 1,276 shares, Massy Holdings sank 50 cents to end at $79 after 358 stock units passed through the market. NCB Financial gained $1 in closing at $46 in an exchange of 20,247 units, 138 Student Living increased 38 cents to $3.70 with investors swapping 849 stocks, Pan Jamaica skidded $3.80 to close at $53.20 after an exchange of 79,027 units. Proven Investments popped $1 to end at $18.50 with 477,202 shares crossing the market, Sagicor Real Estate Fund declined 65 cents to finish at $8 with an exchange of 254 stock units, Scotia Group slipped $1.45 and ended at $52.50 with 160,868 shares changing hands and Sygnus Credit Investments rallied 55 cents to $12 and closed after an exchange of 20,105 stock units.
In the preference segment, Jamaica Public Service 7% rose $8.50 in closing at $44.50 after 110 stocks changed hands, Productive Business Solutions 10.5% preference share sank $5.97 to finish at $1,035 with 28 units crossing the market. Sygnus Credit Investments 10% advanced $9.99 and ended at $100 in an exchange of 915 shares and Sygnus Credit Investments C10.5% increased 51 cents to close at $100.50 with investors trading 384 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.