JSE Main Market falls as Tuesday looks up

The Jamaica Stock Exchange Main Market dipped at the end of trading on Monday, with the Investor’s Choice bid-offer indicator flashing encouraging signs of a possible big day for price gains on Tuesday with, a b bid to offer reading at the close, following a 67 percent drop in the volume of stocks traded, with the value climbing 15 percent above Friday.
Trading resulted in 60 securities changing hands, down slightly from 61 on Friday, with prices of 25 stocks rising, 23 declining and 12 ending unchanged.
The market closed with 6,470,651 shares being traded for a value of $140,689,420 down from 19,318,065 units at $122,171,322 on Friday.
Trading averaged 107,844 shares at $2,344,824 compared with 316,690 stocks at $2,002,809 on Friday and for the month to date, an average of 215,446 units at $1,707,179 versus 242,919 shares at $1,544,376 on the previous trading day and September with an average of 592,167 units at $8,859,784.
Sagicor Group led trading with 2.47 million shares for 38.2 percent of total volume followed by Transjamaican Highway with 1.50 million units for 23.2 percent of the day’s trade and Sagicor Select Financial Fund with 632,530 stock units for 9.8 percent market share.
The All Jamaican Composite Index dipped 1,197.71 points to close trading at 354,802.00, the JSE Main Index shed 391.69 points to conclude trading at 313,022.84 and the JSE Financial Index dipped 0.94 points to 65.83.
The Main Market ended trading with an average PE Ratio of 14.1. 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 17 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden popped $1.05 to close at $37 with investors swapping 543 stock units, Barita Investments sank $1.99 to $77 in an exchange of 5,734 shares, Berger Paints advanced 74 cents to end at $8.14 with traders dealing in 16,800 stocks. Eppley shed $1.99 in closing at $33 after an exchange of 1,103 units, GraceKennedy rose 65 cents to finish at $74 with investors trading 98,177 shares, Jamaica Broilers dropped 95 cents and ended at $35.05 with an exchange of 10,968 units. Jamaica Producers gained 63 cents to $20.70 and closed with an exchange of 152 stocks, JMMB Group fell $1.30 to close at $23 after investors exchanged 33,994 stock units, Massy Holdings dipped $1.90 and ended at $76 with 45 shares clearing the market. Mayberry Group lost $1.12 to finish at $7.16 with investors trading 3,627 stocks, Pan Jamaica declined $1.50 in closing at $46.60 with 450 units changing hands, Portland JSX sank 50 cents to end at $10.30 with 13,800 stock units crossing the exchange. Proven Investments climbed 74 cents in closing at $16.29 with a transfer of 4,780 shares, Seprod increased $4.45 to $85 with investors dealing in 318 units, Supreme Ventures rallied $1.05 to close at $22.90 in switching ownership of 23,579 stocks. Sygnus Credit Investments rose 66 cents and ended at $12 after a transfer of 11,601 stock units and Wisynco Group slipped 49 cents to finish at $20.50 with 30,381 shares crossing the market.
In the preference segment, Eppley 7.50% preference share rallied 44 cents to end at $6.89 with an exchange of 457 units and Sygnus Credit Investments C10.5% increased $1 in closing at $105.50 after 4,746 stocks passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.