The value of stocks traded on the Jamaica Stock Exchange Main Market on Monday slipped by 48 percent compared to Friday, resulting in a 31 percent decline in the volume of stocks traded, following trading in 63 securities compared with 58 on Friday, with prices of 23 rising, 23 declining and 17 ending unchanged.
The market closed with 15,600,130 shares trading for $123,170,250 , following a plunge from 22,608,191 shares at $239,014,176 on Friday.
Trading averaged 247,621 shares valued at $1,955,083 after falling from 389,796 stocks at $4,120,934 on Friday and month to date, an average of 242,855 stock units at $1,618,659, down moderately from 242,545 shares at $1,596,764 on the previous day and December with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway led trading with 8.29 million shares for 53.2 percent of total volume, with the price hitting a record high of $6.30, followed by Wigton Energy, ending with 1.70 million stocks for 10.9 percent of the day’s trade and Sagicor Select Financial Fund with 1.36 million stock units for 8.7 percent of the day’s trade.
The All Jamaican Composite Index surged 5,195.35 points to end at 395,624.06, the JSE Main Index climbed 2,726.22 points to close trading at 338,406.45 and the JSE Financial Index rose 0.43 points to settle at 63.66. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
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, Barita Investments dropped $1.90 to $70 after trading 5,975 shares, Caribbean Cement sank 80 cents to $105 after a transfer of 12,582 stock units, Caribbean Producers popped 49 cents in closing at $6.99 with investors swapping 14,323 shares. GraceKennedy shed 95 cents and ended at $71 after an exchange of 164,404 stock units, Jamaica Producers increased $1.39 to close at $23.89 with investors trading 19 units, JMMB Group climbed 40 cents to finish at $17.40 in an exchange of 50,600 shares. Kingston Wharves fell $1.48 to $36 with traders dealing in 2,796 stocks, Margaritaville slipped 56 cents to close at $13.37 with investors exchanging 22 units,
Massy Holdings sank 50 cents in closing at $73.50 after trading of 45,096 stock units. Mayberry Jamaican Equities dropped $1.15 and ended at $7.01 with a transfer of 15,424 shares, NCB Financial rose 54 cents to finish at $44.49 with 523,854 stock units crossing the market, Sagicor Group rallied 50 cents to end at $41 in an exchange of 11,708 stocks. Sagicor Real Estate Fund lost 79 cents in closing at $6.71 with 2,678 units clearing the market, Scotia Group advanced $2.60 to $51.90 with investors dealing in 80,695 stocks, Seprod gained $1 to close at $80 with 4,294 units changing hands. West Indies Petroleum rose 35 cents to finish at $10.35 with investors trading 51,523 shares and Wisynco Group gained 55 cents and ended at $21.50 after an exchange of 292,138 stock units.
In the preference segment, 138 Student Living preference share declined $22.99 to end at $171.01 with 100 shares crossing the market and Sygnus Credit Investments 10% skidded $1 to $108 with traders switching ownership of 2,226 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.