Trading on the Jamaica Stock Exchange Main Market ended, with the volume of stocks traded just declining marginally on Thursday, with the value 106 percent more than on Wednesday, following trading in 57 securities compared with 56 on Wednesday, with prices of winning and declining stocks sharing 21 stocks each and 15 ending unchanged, sending the market into a fall.
The All Jamaican Composite Index dropped 1,493.92 points to conclude trading at 358,307.63, the JSE Main Index declined 838.31 points to 310,853.13 and the JSE Financial Index slipped 0.29 points to 64.06.
At the close of the market, the Investor’s Choice bid-offer indicator is showing nine stocks ending with bids higher than their last selling prices and three with lower offers.
The market closed with 13,280,166 shares trading for $93,569,848 compared with 13,517,427 stock units at $45,330,088 on Wednesday.
Trading averaged 232,985 shares at $1,641,576 compared to 241,383 stocks at $809,466 on Wednesday and month to date, an average of 211,495 units at $1,186,628, more than 200,557 shares at $955,092 on the previous day compared to June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 5.82 million shares for 43.9 percent of total volume followed by Wigton Energy with 1.24 million stocks for 9.3 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.23 million stocks for 9.3 percent of the volume traded, Eppley Caribbean Property Fund with 1.20 million units for 9 percent of stocks trading and QWI Investments with 1.0 million units for 7.6 percent market share.
The Main Market ended trading with an average PE Ratio of 13.6. 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 advanced $2.33 to finish at $26.50 following 541 shares being traded, Berger Paints sank 46 cents to $6.99 with traders dealing in 10,012 stock units, Eppley fell $1.49 to close at $31.50 in exchanging 757 shares. GraceKennedy lost $1.95 to close at $70.05, with 119,910 units crossing the market. Jamaica Broilers popped 52 cents in closing at $24.12 in trading 4,580 stocks, JMMB Group shed 72 cents and ended at $20.12 and closed with an exchange of 11,990 shares. Mayberry Jamaican Equities rallied $1.65 to $10.90 with trading in 274 stock units, MPC Caribbean Clean Energy sank $9.42 in closing at a 52 week low of $53.33 with investors dealing in 285 units, NCB Financial increased 82 cents and ended at $40.89 in an exchange of 11,311 stocks.
Pan Jamaica dropped $1 to close at $50.70 with investors trading 294 shares, Sagicor Group climbed $1.55 to end at $40.95 with 22,909 stock clearing the market, Scotia Group declined 55 cents to finish at $52.50 with an exchange of 42,373 units. Seprod rose 70 cents to $81.70 after 3,648 stock units passed through the market, Supreme Ventures gained 68 cents to end at $19.68 with 88,824 shares crossing the exchange and Sygnus Credit Investments skidded 40 cents in closing at $12.55 with a transfer of 4,699 units.
In the preference segment, Jamaica Public Service 7% popped $5.11 to finish at $41.70 as investors exchanged 84 stocks, Productive Business Solutions 10.5% slipped $35 and ended at $1,090 after a transfer of 110 stock units, Sygnus Credit Investments 10% dipped $8.69 to close at $101 with investors trading 418 shares and Sygnus Credit Investments C10.5% fell $1.50 to $105.99 after an exchange of 140 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.