Trading on the Jamaica Stock Exchange Main Market on Monday ended with the volume of stocks traded rising by 41 percent, but the value was 6 percent lower than on Friday. Trading ended with activity in 58 securities compared to 56 on Friday, with 23 stocks rising, 19 declining, and 16 ending firm, resulting in overall gains for the market.
The All Jamaican Composite Index rose 1,217.16 points to 349,209.17, at the same time, the JSE Main Index rallied 1,126.04 points to 304,111.12 and the JSE Financial Index popped 0.49 points to 61.91. The market closed following 13,500,867 shares trading for $74,637,155, well above the 8,476,138 units at $69,163,067 on Friday.
Trading ended with an average of 232,775 shares for an average of $1,285,579 compared to 151,360 stocks at $1,235,055 on Friday and month to date, an average of 202,179 units at $1,508,408 compared with 200,512 shares at $1,520,485 on the previous day and June with an average of 183,242 stock units at $1,532,211.
JMMB 9.5% led trading with 5.01 million shares for 37.1 percent of total volume, followed by Transjamaican Highway, with 1.75 million shares for 13 percent of the day’s trade, Sagicor Select Funds-Financial closed with 1.45 million stock units for 10.8 percent of the volume traded, Wigton Energy chipped in with 1.20 million units for 8.9 percent of the day’s trade, Sterling Investments closed with 1.19 million units for 8.8 percent of shares traded and NCB Financial with 1.11 million units for 8.2 percent of market share.
At the close, the Investor’s Choice bid-offer indicator shows 14 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 13.2. 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, AS Bryden advanced 57 cents in closing at $25 with 589 shares crossing the stock exchange, Caribbean Cement popped $1.34 to $84.96 with investors trading of 1,373 units, Eppley increased 83 cents to end at $33.33 with investors dealing in 38 shares. GraceKennedy slipped 39 cents and ended at $69.50 with traders swapping 19,261 stock units, Guardian Holdings fell $1 to finish at $317 with investors trading 563 stocks, JMMB Group climbed $1.24 to close at $20 with an exchange of 13,457 units. Massy Holdings rose 48 cents to $77.48 with 67,016 stocks clearing the market, Pan Jamaica rallied 95 cents to $49 as investors exchanged 5,183 shares, Sagicor Group shed 89 cents and ended at $39.11 with 17,553 stock units changing hands. Scotia Group gained $1.40 in closing at $53 with traders dealing in 9,861 shares,
Supreme Ventures sank 73 cents to end at $19.25 after an exchange of 24,307 stocks and Sygnus Credit Investments popped 75 cents to close at $13.75 in trading 111,964 units.
In the preference segment, Jamaica Public Service 7% skidded $2 to $41 closing with an exchange of 9 stock units, 138 Student Living preference share fell $24.20 to finish at $190.80 in trading of 20 shares, Sygnus Credit Investments 10% declined $1.10 and ended at $106.90 with investors passing 439 stock units through the market and Sygnus Credit Investments C10.5% lost $7 to close at $98 after a transfer of 1,100 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.at the same time