Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded declining 40 percent and the value 48 percent lower than on Friday, with trading in 60 securities compared with 62 on Friday, with prices of 19 rising, 28 declining and 13 ending unchanged, on the first day of trading in March.
The market closed with 13,379,073 shares trading for $66,575,572 compared with 22,307,712 stock units at $127,310,156 on Friday.
Trading ended with an average of 222,985 shares valued at $1,109,593 compared to 359,802 stocks at $2,053,390 on Friday and February that ended with an average of 405,332 units at $1,953,730.
Wigton Energy led trading with 4.03 million shares for 30.1 percent of total volume followed by Transjamaican Highway that ended with 3.29 million stocks for 24.6 percent of the day’s trade, JMMB Group 7.35% – 2028 closed with 1.14 million shares for 8.5 percent of the volume traded and Sagicor Select Financial Fund with 1.11 million units for 8.3 percent of the market share.
As is commonly accepted at the start of the month, the All Jamaican Composite Index shed 532.57 points to end at 384,024.58, the JSE Main Index dropped 1,611.89 points to conclude trading at 329,757.90 and the JSE Financial Index rose 0.02 points to settle at 69.20. The Investor’s Choice bid-offer indicator shows 12 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 15.6. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, AS Bryden fell $2.87 to $28.13 after the transfer of 1,843 stocks, Caribbean Cement declined $1.37 to end at $86.63 as investors exchanged 3,635 units, First Rock Real Estate sank 73 cents in closing at $8.56 with 1,230 shares clearing the market. General Accident fell 90 cents and ended at $5.27 with traders dealing in 11,451 stock units, Guardian Holdings dipped $6 to close at $298 with 428 shares crossing the exchange, Jamaica Broilers sank 94 cents to finish at $36.50 with investors swapping 1,497 units. JMMB Group shed 45 cents and ended at $22 with 40,293 stocks passing through the market, Kingston Properties dropped $1.15 to $8.30 in trading 12,090 stock units, Massy Holdings skidded $3.30 in closing at $78 with 608 shares changing hands. Mayberry Group increased 45 cents to end at $7.85 after 7,421 stocks were traded, 138 Student Living slipped 40 cents to $3.60 with investors dealing in 5,186 units, Sagicor Group climbed 51 cents to close at $42.50 in an exchange of 24,620 stock units and Supreme Ventures lost 70 cents to close at $19.50 with investors trading 402,011 shares.
In the preference segment, JMMB Group 7.15% – 2028 rose 44 cents and ended at $2.99 with an exchange of 8,416 stocks, 138 Student Living preference share rallied $30 to end at $320 with 65 units crossing the market and Sygnus Credit Investments C10.5% popped $6.44 in closing at $102.50 in switching ownership of 1 stock unit.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.