JSE Main Market fall

Stocks mostly declined on the Jamaica Stock Exchange Main Market on Tuesday, sending the market index downwards, following a 14 percent rise in the volume of stocks traded rising with a 12 percent rise in value compared to Monday, with trading in 60 securities as was the case on Monday and ended with prices of 17 stocks rising, 30 declining and 13 ending unchanged.
The market closed on Tuesday with an exchange of 13,781,274 shares for $78,318,558 up from 12,089,527 units at $69,811,459 on Monday.
Trading averaged 229,688 shares at $1,305,309 compared to 201,492 units at $1,163,524 on Monday and month to date, an average of 614,258 units at $5,606,030 down from 635,008 units at $5,838,083 on the previous day and June with an average of 246,425 units at $1,945,941.
Sagicor Select Financial Fund led trading with 4.68 million shares for 34 percent of total volume followed by Transjamaican Highway with 2.61 million stocks for 18.9 percent of the day’s trade, Wigton Windfarm ended with 1.96 million units for 14.2 percent of market share and Wisynco Group with 1.19 million shares for 8.6 percent of total volume.
The All Jamaican Composite Index dropped 2,475.39 points to settle at 352,724.22, the JSE Main Index shed 1,735.59 points to end at 311,699.02 and the JSE Financial Index fell 0.79 points to 65.49.
The Main Market ended trading with an average PE Ratio of 13.8. The JSE Main and 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 2025.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and six with lower offers.
At the close of the market, AS Bryden climbed $2.01 to $39.97 as investors exchanged 338 stocks, Berger Paints rose 50 cents and ended at $7.50 trading 766 units, Caribbean Cement gained 50 cents to finish at $65 after an exchange of 67,806 shares. Eppley popped $1.40 to end at $36.51 with investors swapping 327 stock units, Eppley Caribbean Property Fund declined $3.53 in closing at $37 after 2,160 shares crossing the market, General Accident sank 35 cents to close at $6.35 with investors trading 8,372 stock units. Jamaica Broilers rallied 90 cents to $33.40 and closed with an exchange of 43,090 units, Jamaica Producers dipped 41 cents in closing at $24.59 with investors trading 285,018 stocks, Jamaica Stock Exchange increased 30 cents to end at $11.40 with an exchange of 128,090 shares. Kingston Wharves lost 50 cents and ended at $27.90 after 206,871 stock units passed through the market, Mayberry Group slipped 50 cents to close at $7.50 with traders dealing in 66,005 stocks, Mayberry Jamaican Equities fell 51 cents to finish at $9 in an exchange of 1,470 units. NCB Financial shed $1 to $51, with 21,590 stocks crossing the market, Proven Investments advanced $2.87 to end at $18.42 in switching ownership of 6,030 units, Sagicor Group dropped $1.87 in closing at $39.03 after a transfer of 16,588 shares. Scotia Group sank $2.18 to close at $43.01 after 107,137 stock units crossed the exchange, Seprod rose $2 and ended at $82 in trading 3,693 shares and Wisynco Group skidded 49 cents to finish at $20 after an exchange of 1,188,496 stock units.
In the preference segment, Eppley 7.75% preference share climbed $1 and ended at $20.99, with 365 stocks clearing the market, Jamaica Public Service 7% sank $1.34 to $46 in an exchange of 21 units, 138 Student Living preference share surged $41.50 to finish at $190, with 609 stocks changing hands and Sygnus Credit Investments C10.5% dropped 50 cents to end at $100 with a transfer of 773 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.