Gains for JSE Main Market stocks


Stocks prices bounced for the first time since the start of July in trading on the Jamaica Stock Exchange Main Market on Friday, with gains wiping out the losses on Thursday but only partially ate into Wednesday losses, following trading in 60 securities, up from 57 on Thursday, with prices of 26 securities rising, 19 declining and 15 ending firm, with the volume of stocks traded rising 40 percent and the value remaining static compared with Thursday.

The All Jamaican Composite Index jumped 2,479.15 points to end at 360,786.78, the JSE Main Index climbed 2,138.17 points to close at 312,991.30 and the JSE Financial Index rose 0.41 points to 64.47.
At the close, the Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and two with lower offers.
Market activity closed after trading of 18,537,937 share worth $93,974,345 compared with 13,280,166 stock units at $93,569,848 on Thursday.
Trading averaged 308,966 shares at $1,566,239 compared to 232,985 stock units at $1,641,576 on Thursday and month to date, an average of 237,033 units at $1,286,089 compared with 211,495 shares at $1,186,628 on the previous day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway was the leading traded stock with 9.69 million shares for 52.3 percent of total volume, followed by Wigton Energy, with 3.57 million stock units for 19.3 percent of the day’s trade and 138 Student Living closed with 2.07 million units for 11.2 percent of the day’s market share. The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings that are projected by ICInsider.com for the listed companies with financial year ending around August 2025.
At the close of the market, Caribbean Cement dipped by 88 cents to close at $84 after 1,919 shares passed through the market, Eppley lost $4.54 to finish trading at $26.96 after an exchange of 6,336 units, Eppley Caribbean Property Fund rallied $3.72 to finish at $41.97 with a mere 2 stocks clearing the market. GraceKennedy popped 45 cents and ended at $70.50 with investors trading 247,494 shares, after trading at an intraday 52 week low of $69.01, Jamaica Broilers gained $1.72 in closing at $25.84 with 12,688 stock units crossing the market, Mayberry Group rose 40 cents to end at $7.60 after an exchange of 5 shares. MPC Caribbean Clean Energy climbed $10.17 in closing at $63.50 after trading of 200 stocks, Pan Jamaica increased 78 cents to $51.48 after a transfer of 30 units, Stanley Motta advanced by 55 cents to finish at $6.60 and closed after 34,661 stocks changed hands. Supreme Ventures slipped 38 cents and ended at $19.30, with 28,229 shares crossing the market and Sygnus Credit Investments popped 35 cents to close at $12.90 in trading 357 stock units.
In the preference segment, Jamaica Public Service 7% climbed $1.55 to end at $43.25, with just 1 stock crossing the exchange, 138 Student Living preference share rose $3 to $220 with traders dealing in 14 units, Productive Business Solutions 10.5% sank $10 in closing at $1,080 as investors exchanged 70 stocks and Sygnus Credit Investments 10% advanced $8.49 to end at $109.49 with a transfer of 22 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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