JSE Main Market closes at a 5-year high


The Jamaica Stock Exchange Main Market Index hit a new 5 year high in closing out the month on Friday, with a 17.6 percent increase for the year to date, Trading closed with the volume of stocks traded rising 37 percent and the value climbing 15 percent over trading on Thursday, with action in 59 securities compared with 55 on Thursday, resulting in prices of 21 rising, 30 declining and eight ending unchanged.

The market closed with 41,753,131 shares trading for $323,847,100, up from 30,445,350 stock units at $281,536,908 on Thursday.
Trading averaged 707,680 shares valued at $5,488,934 compared to 553,552 stock units at $5,118,853 on Thursday and month to date, an average of 294,201 units valued at $3,175,664, compared to 275,928 shares at $3,073,429 on the prior day and June with an average of 277,379 stock units at $3,134,117.
Wigton Energy led trading with 20.24 million shares for 48.5 percent of total volume followed by Transjamaican Highway with 7.83 million stocks for 18.8 percent of the day’s trade, Carreras closed with 3.76 million stock units for 9 percent of the volume traded, Radio Jamaica ended with 2.55 million shares for 6.1 percent of the volume exchanged and Sagicor Select Financial Fund with 2.46 million stocks for 5.9 percent of market share.
The All Jamaican Composite Index increased 3,370.96 points to close at 445,549.88, the JSE Main Index gained 3,889.14 points to wrap up trading at 374,012.30 and the JSE Financial Index advanced a mere 0.60 points to end at 70.21. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15.2. ICInsider.com compiles the JSE Main Market PE ratios based on last traded prices and earnings forecasts for companies with fiscal years ending around August 2026.
At the close of trading, AS Bryden popped $3.52 and ended at $27 with an exchange of 4,125 stocks, Barita Investments dipped $1.14 to $67.30 with 16,674 units changing hands, Carreras fell 51 cents to finish at $35.49 with investors trading 3,762,816 shares. Eppley dropped $2.80 in closing at $30.60 after a transfer of 1,788 stock units, General Accident rallied $1.65 to end at $9 with trading of just 1,225 shares, Guardian Holdings rose $10 to close at $370 with a transfer of 2,077 stocks. Jamaica Producers lost $1 to end at $21 with investors swapping 213,113 units, Margaritaville declined $2.51 and ended at $9.49 after an exchange of 415 stock units, Massy Holdings climbed $2.49 to close at $73 with investors dealing in 36,380 shares. Mayberry Group increased 84 cents to finish at $5.88 after trading 16,378 stocks, Quantas Advantage shed 69 cents to end at $16 with 64,672 stocks passing through the market, Sagicor Group gained $2.25 in closing at $41 as investors exchanged 563,092 stock units. Scotia Group advanced 49 cents to $57.50 in trading 16,804 shares, Seprod rose $1 to finish at $75 after an exchange of 8,737 units, Sygnus Real Estate Finance skidded 48 cents and ended at $9.50 with a transfer of 510 stocks and Transjamaican Highway advanced 40 cents to close at $10.39 with 7,832,569 stock units crossing the exchange.
In the preference segment, Eppley 7.25% preference share slipped $2.55 and ended at $16.50 with 20,000 shares changing hands and 138 Student Living preference share ended at $2.99 with a transfer of 784 shares.
Prices of securities are those for the last transaction.

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