GraceKennedy is Main Market’s top trade


GraceKennedy was the most valuable traded stock on the Jamaica Stock Exchange Main Market on Monday, with 6.56 million shares changing hands with a value of $473 million or 68 percent of the total value of shares traded in the Main market and pushed the value of stocks traded up 72 percent more than on Friday even as the volume of stocks traded declined by 27 percent following trading in 63 securities up from 58 on Friday, with prices of 26 rising, 24 declining and 13 ending unchanged.

The market closed with 22,311,420 shares trading valued $692,219,403 compared to 30,419,280 stock units at $401,684,771 on Friday. Trading ended with an average of 354,150 shares at $10,987,610 compared to 524,470 stocks at $6,925,599 on Friday and for the month to date, an average of 834,952 stock units at $7,731,993 compared with 886,118 shares at $7,385,534 on the prior trading day and well above the  average of 286,669 stock units at $2,555,172 in November.
Supreme Ventures led trading with 7.08 million shares for 31.7 percent of total volume followed by GraceKennedy with 6.56 million stock units for 29.4 percent of the day’s trade, Transjamaican Highway finished with 2.57 million stock units for 11.5 percent market share and Wigton Energy with 1.43 million units for 6.4 percent of total volume.
The All Jamaican Composite Index dropped 1,371.52 points to 369,029.51, the JSE Main Index lost 730.18 points to finish at 321,281.72 and the JSE Financial Index rallied 0.34 points to end at 66.05. The Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and just one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.2. 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, AS Bryden skidded $3.84 to $30.50 in an exchange of 299 shares, Barita Investments rose $1.20 to $74.70 with 3,348 stocks crossing the market, Berger Paints fell 79 cents to $7.01 with an exchange of 671 shares. Caribbean Cement rallied $1.43 to close at $78 with 19,987 stock units changing hands, Caribbean Producers shed 45 cents and ended at $8 with investors exchanging 49,988 shares, Jamaica Producers gained $2.48 to finish at $24.48 after an exchange of a mere 6 stock units. Jamaica Stock Exchange climbed 43 cents and ended at $13.43 after trading 4,086 units, Margaritaville lost $2.45 to close at $9.52 as investors exchanged a mere 25 stocks, Massy Holdings popped $1 to close at $82 in trading 300,319 shares. Mayberry Group gained 48 cents in closing at $7.99 with just 10 units crossing the market, Pan Jamaica advanced $1.98 to finish at $50 in switching ownership of 4,538 stocks, Proven Investments dropped $2.11 to end at $17.35 and closed after 2,936 stock units changed hands.  dropped $1 and closed at $51 after investors traded 32,015 shares, Supreme Ventures dipped $2.20 to $20.30 with traders dealing in 7,080,763 stocks and Sygnus Real Estate Finance rose $1.74 to end at $10.74 after an exchange of 275 units.
In the preference segment, Jamaica Public Service 7% climbed 95 cents to close at $43.95 with investors swapping 994 stock units, 138 Student Living preference share popped $42 and ended at $297 in an exchange of just 2 shares, Productive Business Solutions 10.5% preference share sank $78 to finish at $994 with investors dealing in 190 stocks and Sygnus Credit Investments C10.5% declined $4.50 and ended at $100.50 after 4,870 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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