Innovative trading hits JSE Main Market


Innovative Energy took control of trading on Friday, with 81 percent of the stocks exchanged on the Jamaica Stock Exchange Main Market on Friday, resulting in the overall volume changing hands surging 911 percent and the value climbing 21 percent compared with Thursday. Trading activity led to 60 securities changing hands, down from 61 on Thursday, with stocks rising and falling in a relatively tight embrace with prices of 25 rising, 27 declining and eight ending unchanged.

Trading ended the day with an exchange of 86,348,623 shares worth $209,695,547, with a solid increase from 8,541,634 stocks at $172,991,340 on Thursday.
The average trade ended at 1,439,144 shares at $3,494,926, rising from 140,027 stock units worth $2,835,924 on Thursday. Trading for the month to date, an average of 255,068 units at $1,701,002, from 166,923 units $1,567,459 on the previous day and October with an average of 210,503 stock units at $1,467,012.
Innovative Energy led trading with 70.20 million shares for 81.3 percent of total volume, followed by Supreme Ventures, with 5.62 million stock units for 6.5 percent of the day’s trade, Transjamaican Highway closed with 4.50 million units for 5.2 percent of the overall volume traded, JMMB Group 7.35% – 2028, closed with 1.74 million shares for 2 percent of the volume traded and Wigton Energy with 1.25 million stocks for 1.4 percent of market share.
The All Jamaican Composite Index lost 2,581.50 points to settle at 355,824.19, the JSE Main Index sank 1,401.44 points to 312,486.94 and the JSE Financial Index shed 0.78 points to finish at 63.66. At the close, the Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE of 13.2. The JSE Main and the USD Market PE are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
At the close of the market, AS Bryden climbed $1.78 and ended at $31.98 after 308 shares were traded, Barita Investments lost 99 cents to close at $77 after a transfer of 276 units, Caribbean Cement climbed $1.90 to finish at $106.90 with 49,314 shares clearing the market. Eppley Caribbean Property Fund sank $6.49 to end at $38.51 with 5,426 shares changing hands, General Accident rose 43 cents in closing at $6.43 with a mere one unit changing hands, GraceKennedy advanced $1 to close at $73 with trader of 23,646 stock units. Guardian Holdings popped $4.11 to $370 with 54 units passing through the market, Jamaica Broilers skidded 87 cents to close at $17.25 with investors dealing in 424,262 shares, Jamaica Producers gained 46 cents in closing at $22.56 after an exchange of 2,567 stock units. Kingston Properties rallied 88 cents to finish at $9 with traders dealing in 624 shares, Kingston Wharves increased 80 cents and ended at $29.80 in an exchange of 2,211 units,  Massy Holdings popped 50 cents to end at $76.50 with investors trading 2,501 stocks. Mayberry Group fell 58 cents in closing at $6.56 after an exchange of 10,001 stock units, Mayberry Jamaican Equities shed 99 cents to $8 after trading of 61,576 shares, MPC Caribbean Clean Energy declined $6.75 to a 52 weeks low of $38.25 as investors exchanged a mere 8 stock units. Proven Investments rallied 80 cents to finish at $15.90 in trading 56 stocks, Sagicor Real Estate Fund lost 44 cents and ended at $7.56 after an exchange of 4,229 units, Seprod dropped $1.94 to end at $80.01 with a transfer of 1,712 stocks. Supreme Ventures rose $1.17 in closing at $16.34 with 5,617,017 units crossing the market, Sygnus Credit Investments advanced 50 cents to $12.50 with investors trading 10,689 shares and Wisynco Group sank 71 cents to finish at $19.19 with 38,447 stock units passing through the market.In the preference segment, Eppley 7.75% preference share gained $3.20 and ended at $21.34 with investors swapping 20 shares, Jamaica Public Service 7% slipped 50 cents to end at $42 with traders switching ownership of 2,867 units, Jamaica Public Service 9.5% lost $1 to close at $2,599 with investors dealing in 85 stocks. 138 Student Living preference share climbed $5 to $230 in an exchange of 8 stock units, Productive Business Solutions 10.5% slipped $100 in closing at $1,055 with investors swapping a mere one share and Sygnus Credit Investments 10% rose $1 to end at $106 in an exchange of 45 stocks.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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