The Jamaica Stock Exchange Main Market recovered losses incurred from Thursday’s trading, with the JSE Main Market Index bouncing just over 4,100 points on Friday. The volume of stocks traded declined 26 percent and the value slid 19 percent lower compared to Thursday. Investors traded in 63 securities, up from 59 on Thursday, with prices of 22 rising, 26 declining and 15 ending unchanged.
The market closed with 10,418,450 shares trading valued $88,310,564 after falling from 14,157,671 stock units at $109,166,935 on Thursday.
Trading averaged 165,372 shares at $1,401,755, after declining from 239,961 stock units at $1,850,287 on Thursday and month to date, an average of 228,670 stock units at $1,833,222, skidding from 245,285 shares valued at $1,946,482 on the previous day and down from an average of 271,336 stock units at $2,043,022 in January.
Transjamaican Highway led trading with 4.87 million shares for 46.8 percent of total volume, followed by Wigton Energy, ending with 1.20 million units for 11.5 percent of the day’s trade and QWI Investments with 674,410 stocks for 6.5 percent of the volume traded.
The All Jamaican Composite Index rallied 3,038.24 points to end at 396,928.21, the JSE Main Index climbed 4,105.61 points to settle at 342,361.72 and the JSE Financial Index advanced 1.01 points to settle at 62.96. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 17.7. 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 close of trading, Berger Paints skidded 65 cents to finish at $5.50 after an exchange of 280 shares, Caribbean Cement lost $1.50 to end at $110.50 with a transfer of 6,961 units, Eppley dropped $1.30 to close at $32.55 with the trading of11,360 shares. General Accident sank $1 to end at $5 with an exchange of 56,828 stock units, Guardian Holdings increased $1.95 in closing at $340 with 1,475 stocks passing through the market, Jamaica Producers shed $1.25 to close at $22.75 as traders switched ownership of 39,366 shares. JMMB Group declined 78 cents to $17 after swapping 25,975 units, Kingston Wharves slipped 40 cents to close at $36.20 in an exchange of 42,320 stocks, Massy Holdings fell 75 cents and ended at $74.50 after trading of 59,403 stock units. Mayberry Jamaican Equities dropped $1.79 in closing at a 52 weeks’ low of interest in $6.01 in an exchange of 20,000 shares, MPC Caribbean Clean Energy popped $5.70 to end at $43.70 with traders dealing in 31 units, Pan Jamaica slipped $2.87 to finish at $45.03 after an exchange of 53,036 stocks.
Proven Investments sank 70 cents to $13.55 in trading 5,251 stock units, Sagicor Group gained 39 cents to finish at $38 with 18,673 shares passing through the market, Sagicor Real Estate Fund rose 72 cents and ended at $7.50 with investors dealing in 2,944 units. Seprod rallied 80 cents to close at $82.80 with 1,515 stocks crossing the market, Supreme Ventures advanced 89 cents to end at $17.40 with investors trading 334,309 stock units, West Indies Petroleum climbed 65 cents in closing at $10.75 with 13,116 shares clearing the market and Wisynco Group skidded 38 cents to $22.62 after a transfer of 26,680 stock units.
In the preference segment, Eppley 7.75% preference share increased 48 cents and ended at $18.50 with 638 stocks crossing the exchange, Jamaica Public Service 7% jumped $5.95 to close at $43 with investors swapping 60 units. Jamaica Public Service 9.5% lost $99 to end at $2,500 with investors trading one stock, Productive Business Solutions 10.5% rallied $174.87 to $1,139.87 with an exchange of 86 units and Sygnus Credit Investments 10% rose $3 to finish at $106 with 500 shares switching owners.Prices of securities trading are those of the last transaction of each stock unless otherwise stated.