JSE Main Market ends month with gains


Trading on the Jamaica Stock Exchange Main Market closed on Friday, with a 38 percent surge in the volume of stocks traded, with a 5 percent lower value than on Thursday, resulting from trading in 55 securities compared with 60 on Thursday, with prices of 17 rising, 15 declining and 23 ending unchanged and ended with gains in the market Indices.

The market closed with 22,968,539 shares trading for $187,235,609 compared to 16,693,892 stocks at $197,735,173 on Thursday.
Trading averaged 417,610 shares at $3,404,284, up from 278,232 stocks at $3,295,586 on Thursday and month to date, an average of 245,284 stock units at $2,050,773 compared with 237,113 shares at $1,986,598 on the previous day and April with an average of 1,417,136 shares at $6,010,754.
Wigton Energy led trading with 12.31 million shares for 53.6 percent of total volume, followed by Transjamaican Highway, with 3.0 million stocks for 13.1 percent of the day’s trade and Sterling Investments with 2.48 million units for 10.8 percent of the day’s trade.
The All Jamaican Composite Index popped 978.82 points to 374,106.01, the JSE Main Index advanced 460.35 points to close trading at 324,831.62 and the JSE Financial Index popped 0.10 points to conclude trading at 68.08. At the close, the Investor’s Choice bid-offer indicator shows 14 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 12.3. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2025.
At the close, AS Bryden dipped $6.88 to close at a 52 week low of $23.06 after trading of 11 shares, Berger Paints gained 38 cents to close at $7.40 after an exchange of 2,409 units, Caribbean Cement popped $4.44 to finish at $85.84 after closing with an exchange of 211,177 stocks. Eppley increased $3.30 and ended at $33.30 with traders dealing in 872 shares, Eppley Caribbean Property Fund lost $10.45 to end at $35.45 after 6,862 stock units were traded, Guardian Holdings slipped $19 in closing at $340 with investors trading 123 shares. Jamaica Broilers sank 89 cents to $28 in an exchange of 40,129 stocks, Kingston Wharves climbed $2 and ended at $32 after 2,346 units passed through the market, Mayberry Jamaican Equities rose $2 in closing at $12 with a transfer of 32,258 stock units. Pan Jamaica shed 49 cents to close at $53 with investors swapping 200,893 shares, Scotia Group sank 90 cents to finish at $55, with 51,000 stock units crossing the market, Seprod advanced $4.50 to end at $89.50 as investors exchanged 19,205 stocks and Wisynco Group rallied 40 cents in closing at $21.90 in switching ownership of 33,341 units.
In the preference segment, 138 Student Living preference share skidded $43 to $168 with 113 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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