JSE Main market declines into March


The Jamaica Stock Exchange Main Market Index reversed gains made on Friday, and he slipped just over 2,600 points on Monday, after an exchange of 64 securities, up from 61 on Friday and ended, with prices of 17 stocks rising, 31 declining and 16 ending unchanged. The market closed with 15,568,575 shares, down 63 percent from 41,909,751 on Friday, after $182,887,896 passed through the market, down 24 percent from $239,535,045 previously.

Trading averaged 243,259 shares at $2,857,623 after plunging from 687,045 stock units at $3,926,804 on Friday and February, with an average of 296,521 stock units at $2,650,049.
Transjamaican Highway was the heaviest traded stock, with 5.14 million shares changing, with 33 percent of total volume, followed by Carreras, with 5.11 million stocks for 32.8 percent of the day’s trade and Wigton Energy with 2.18 million units for 14 percent of the overall trades.

The All Jamaican Composite Index slipped 4,021.38 points to wrap up trading at 400,383.26, the JSE Main Index shed 2,641.27 points to 344,057.03 and the JSE Financial Index climbed 0.07 points to end at 63.55. At the close, the Investor’s Choice bid-offer indicator shows 14 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 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 the market, Barita Investments rose 48 cents to $69.50 in trading 3,425 shares, Caribbean Cement sank $3 to finish at $107 with 12,939 units crossing the exchange, Carreras slipped 66 cents to end at $21.50 with trading of 5,110,119 stocks. Eppley Caribbean Property fell 39 cents to close at $45.50 after traders exchanged 643 shares, Jamaica Producers dipped 40 cents to end at $23 after an exchange of 22,319 stock units, JMMB Group declined $1.53 to $16.85 with 51,420 shares passing through the market. Margaritaville climbed 61 cents to $13.44 after an exchange of 758 units, MPC Caribbean Clean Energy fell 50 cents and ended at $44 with 11 stocks clearing the market, NCB Financial skidded $1.31 to finish at $42.42 in an exchange of 154,739 stock units. Pan Jamaica popped $2.80 in closing at $49.80 with investors trading 1,295 shares, Portland JSX rallied 57 cents to end at $8.57 with an exchange of 907 units, Proven Investments shed 95 cents to close at $12.05 with 2,686 stocks crossing the market. Sagicor Real Estate Fund dropped 53 cents to end at $8.49 as investors exchanged 8,703 stock units and Seprod increased by 50 cents and closed at $80 after a transfer of 6,918 shares.
In the preferred segment, Jamaica Public Service 7% dipped $5.95 to close at $37 with traders dealing in 519 units. 138 Student Living preference share gained $2.70 and ended at $243.70 with 5 stocks changing hands, Productive Business Solutions 10.5% advanced $20 to finish at $1,200 trading 30 stock units and Sygnus Credit Investments 10% fell $1.92 to $107.08 with a transfer of 3,261 shares.

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


 
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