JSE Main Market climbs as few shares rise


The Jamaica Stock Exchange Main Market climbed following trading in 56 securities, similar to Tuesday, with prices of just 12 rising, 31 declining and 13 ending unchanged on Wednesday, with the volume of stocks traded rising 7 percent to 14,635,752 shares from 14,013,445 stock units and the value ended at $87,844,783, after slipping 15 percent from $112,633,862 on Tuesday.

Trading averaged 261,353 shares at $1,568,657, in comparison with 250,240 stock units at $2,011,319 on Tuesday and month to date, an average of 227,527 stock units at $1,905,116 compared to 222,838 shares valued at $1,951,754 on the previous day and May with an average of 328,145 stock units at $2,328,972.
Transjamaican Highway was the leading traded stock with 5.75 million shares for 38.2 percent of the total volume, was followed by Tropical Battery with 4.39 million stocks for 29.2 percent of the day’s trade and Wigton Energy with 1.33 million units for 8.8 percent of the day’s volume.
The All Jamaican Composite Index rallied 1,316.05 points to 401,901.71, the JSE Main Index rose 781.42 points to 340,733.42 and the JSE Financial Index dipped 0.30 points to 63.93. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 15.42 ICInsider.com compiles the JSE Main and the USD Market PE ratios based on the last traded prices and earnings forecasted for companies with the fiscal year ending around August 2026.
At the close of trading, AS Bryden declined 64 cents to close at $25.11 with 309 shares changing hands, Berger Paints sank 53 cents to $5.12 with investors trading 4,814 units, Caribbean Cement advanced 50 cents and ended at $105.50 in switching ownership of 11,807 shares. Eppley skidded $1 to finish at $33.50 after an exchange of 7,346 stock units, Eppley Caribbean Property Fund sank $1.50 in closing at $44 with a transfer of 489 stocks, First Rock Real Estate slipped 47 cents to $7.28 after swapping 10 shares. General Accident lost 40 cents in closing at $8.75 with investors trading 845,915 stocks, Guardian Holdings dipped $3 to $317 after a transfer of 1,280 units, Jamaica Stock Exchange fell 49 cents to close at $10.30 with investors dealing in 3,946 stock units. Lasco Manufacturing rose 40 cents to $6.80 with 54,987 shares crossing the market, Mayberry Jamaican Equities rallied 79 cents to end at $6.79 in an exchange of 3,005 stock units, Sagicor Group shed $1.84 to finish at $38.16 following trading of 29,781 units. Sagicor Real Estate Fund increased $1.85 to $8.72 with 20,401 stocks passing through the market, Seprod dropped 89 cents to $74.01 with investors swapping 3,609 shares and Wisynco Group climbed 54 cents in closing at $19.50 with 10,752 stock units crossing the exchange.
In the preference segment, 138 Student Living preference share sank $32 to end at $200 following trading of 3,226 units.
The prices of stocks are those of the last transaction unless otherwise stated.

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