JSE Main Market drops


Trading on the Jamaica Stock Exchange Main Market ended on Monday, following a 29 percent rise in the volume of stocks traded, with the value 73 percent more than on Friday, following trading in 58 securities compared with 57 on Friday, with prices of 22 rising, 24 declining and 12 ending unchanged.

The market closed with 13,477,623 shares trading for $104,726,080, after an exchange of 10,476,508 stocks at $60,512,855 on Friday.
Trading averaged 232,373 shares at $1,805,622, up from 183,798 stock units at $1,061,629 on Friday and month to date, an average of 194,613 units at $1,116,610, up from 186,902 shares at $975,897 on the previous day and August with an average of 286,418 stock units at $1,923,954.
Transjamaican Highway led trading with 5.91 million shares for 43.8 percent of total volume, followed by Radio Jamaica, with 1.43 million stocks for 10.6 percent of the day’s trade and Sagicor Select Financial Fund with 1.14 million stock units for 8.4 percent market share.
The All Jamaican Composite Index dropped 2,630.31 points to settle at 364,546.10, the JSE Main Index declined by 2,144.87 points to settle at 318,477.79 and the JSE Financial Index sank 0.48 points to wrap up trading at 66.37. At the close, the Investor’s Choice bid-offer indicator shows 11 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 13.3. 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 fiscal year ending around August 2026.
At the close of the market, AS Bryden rose $2.01 to close at $30 with 51,264 shares crossing the market, Barita Investments rallied $3.02 to $79 with investors trading 2,170 stocks, Caribbean Cement sank $5.50 to finish at $89.50 after closing with an exchange of 136,125 shares. Eppley Caribbean Property Fund climbed $3.99 to $41.99 with investors swapping a mere two shares. GraceKennedy advanced 40 cents in closing at $70.90 as investors exchanged 77,733 stock units. Guardian Holdings skidded $19 to close at $360 in trading 1,234 shares. JMMB Group popped 86 cents to $19.48 after traders exchanged 145,283 stock units, 138 Student Living increased 43 cents to close at $4.48 with an exchange of 1,117 units. Proven Investments climbed 97 cents in closing at $16.98 in an exchange of 20,921 shares, Sagicor Group climbed 50 cents to close at $40.50 as 13,485 shares switched hands, Scotia Group dipped 40 cents to $54.60 after an exchange of 5,445 stocks, Seprod sank $2.10 to end at $78 with investors trading 1,571 shares and Sygnus Credit Investments declined 59 cents to close at $13 with 8,065 units changing hands.
In the preference segment, Jamaica Public Service 7% rallied $1.65 to end at $44.90 with investors swapping 993 stock units and 138 Student Living preference share increased $93.50 in closing at $333.50 after a transfer of 119 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com