Heavy trading closes year on JSE Main Market


Trading for the year ended on the Jamaica Stock Exchange Main Market on Wednesday, with the market indices rising to leave the market with a fall of 5.3 percent for the year, the best performing of the three JSE markets, after just 13 stocks recorded gains during the year. Trading closed with the volume of stocks traded jumping 259 percent, with the value rising 64 percent compared to Tuesday, following trading in 60 securities compared with 61 on Tuesday, with prices of 26 rising, 24 declining and 10 ending unchanged.

The market closed with 138,255,200 shares being traded at $802,340,940 compared with 38,501,644 stocks at $489,916,796 on Tuesday.
Trading averaged 2,304,253 shares at $13,372,349 compared to 631,174 stock units valued at $8,031,423 on Tuesday. Trading for the month to date averaged 395,435 stock units at $4,321,753 compared with 297,127 shares at $3,855,628 on the prior day and November with an average of 279,326 stock units at $1,890,583.
Trading was heavy in the leading stocks, with Wigton Energy leading with 39.28 million shares for 28.4 percent of total volume followed by Innovative Energy, with 33.13 million stocks for 24 percent of the day’s trade, Transjamaican Highway closed with 26.95 million stocks for 19.5 percent of the volume traded, Supreme Ventures contributed 23.16 million units for 16.8 percent of the volume, Radio Jamaica had trading in 4.11 million units for 3 percent of volume traded and Tropical Battery with 3.10 million units for 2.2 percent of market share.
The All Jamaican Composite Index rallied 2,783.73 points to 365,314.38, the JSE Main Index advanced 2,186.89 points to 317,986.88 and the JSE Financial Index gained 0.52 points to 64.44. At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and seven with lower offers.
The Main Market ended trading with an average PE Ratio of 14.1. 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 closing day of the year, Barita Investments rallied $5.75 to $75.75 after 124,035 shares passed through the market. Berger Paints gained 45 cents to finish at $6.19, with investors trading 48 stocks. Caribbean Cement shed 50 cents to end at $107.50, with trading of 359,920 shares. Carreras fell $1.05 to close at $18, after trading of 191,796 units, General Accident climbed 40 cents in closing at $6.20 with investors dealing in 2,309 stock units, GraceKennedy rose $1.25 to end at $73.25 after an exchange of 20,410 shares. JMMB Group advanced $1.05 in closing at $19.95 with investors trading 270,974 stock units, Kingston Wharves sank $3 to $32, with 306,437 units crossing the exchange, Massy Holdings rose 90 cents and ended at $75.90 with a transfer of 865 stocks. Mayberry Group gained 90 cents to end at $7.90 as investors exchanged 53,924 units, Mayberry Jamaican Equities popped 49 cents to close at $9, with 53,990 shares crossing the market, MPC Caribbean Clean Energy gained $2 to finish at $47 in an exchange of 22 stock units. NCB Financial lost $4.50 and ended at $36 in closing with an exchange of 590,226 stocks, Pan Jamaica slipped 99 cents to $51 in switching ownership of 277,183 units, Proven Investments sank $1.29 to close at $13.75 after 43,440 shares changed hands. Sagicor Group rose $1.93 to end at $41.48 in trading 1,132,613 stock units, Salada Foods climbed 50 cents in closing at $3.42 after a transfer of 485,071 stocks, Scotia Group dipped 94 cents to finish at $53, with 10,577 shares clearing the market. Stanley Motta increased 68 cents to $6.98 with investors swapping 2,070 stock units, Supreme Ventures advanced $3.76 to finish at $19.56 with 23,159,158 stocks crossing the market, Sygnus Credit Investments fell 80 cents and ended at $11.68 with traders dealing in 36,704 units and Wisynco Group skidded 62 cents to end at $19.50 in an exchange of 97,228 shares.
In the preference segment, Eppley 7.25% preference share rallied $1.39 in closing at $19.40 in trading 50 stock units, Jamaica Public Service 9.5% popped $200 to close at $2,500 after two shares crossed the market. 138 Student Living preference share gained $32.50 to $247, trading 5,386 units and Sygnus Credit Investments C10.5% rose $1.80 to end at $102 with an exchange of 2,983 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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