Increased JSE Main Market trading


Investors pumped more money into trading on the Jamaica Stock Exchange Main Market on Friday, pushing the number of stocks changing hands up by 15 percent and the value 114 percent higher, compared to Thursday, with Supreme Ventures controlling 59 percent of stocks traded. The market closed with trading in 58 securities compared with 59 on Thursday and ended with prices of 20 rising, 18 declining and 20 ending unchanged.

Trading ended with an exchange of 19,453,239 shares valued at $284,365,684, after an increase from 16,948,175 stock units at $132,898,559 on Thursday.
Trading averaged 335,401 shares at $4,902,857 after climbing from 287,257 stock units at $2,252,518 on Thursday.
Trading for the month to date ended at an average of 292,317 stock units at $2,879,131, which is closely aligned with 289,939 shares at $2,767,451 on the previous day, but lower than the average of 895,289 stock units at $10,824,938 in August. Supreme Ventures led trading with 11.54 million shares for 59.3 percent of total volume followed by Transjamaican Highway with 3.14 million units for 16.1 percent of the day’s trade and Lasco Distributors with 707,124 stocks for 3.6 percent of the volume traded.
The All Jamaican Composite Index rallied 360.22 points to close at 440,538.59, the JSE Main Index climbed 1,179.39 points to 370,983.96 and the JSE Financial Index popped 0.37 points to 70.69. At the close, the Investor’s Choice bid-offer indicator shows six 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 15.8. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, AS Bryden gained $3.40 to end at $24.40 with 774 stocks crossing the market, Barita Investments popped $3.01 in closing at $70.49 in switching ownership of 50,914 units, Caribbean Cement skidded $1.95 to finish at $110 after an exchange of 21,554 shares. Eppley Caribbean Property Fund rallied $2.40 and ended at $42.70 following trading of 257 stock units, General Accident rose 63 cents to close at $8.63 with a transfer of 3,611 shares, Guardian Holdings fell $16.90 to end at $360 in an exchange of 2,498 units. Jamaica Broilers climbed 69 cents to $13.95 with 98,305 stocks passing through the market, Kingston Properties increased 40 cents to end at $11.90 after an exchange of 828 stock units, NCB Financial dropped 98 cents to close at $67.82 with 34,965 shares changing hands. Proven Investments lost 44 cents and ended at $9.35 after a transfer of 31,056 units, Sagicor Real Estate Fund dipped $1.40 to close at $8.33 with investors swapping 8,129 stocks and Scotia Group declined 50 cents to finish at $58.50 after trading of 11,922 stock units.

Prices of securities trading are thoseof the last transaction.

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