JSE Main Market falters to start month


Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 31 percent and the value 47 percent lower than on Wednesday, following trading in 55 securities compared with 60 on Wednesday, with prices of 13 rising, 28 declining and 14 ending unchanged.

The market closed with 14,473,698 shares trading worth $72,415,760, down from 20,922,408 stock units at $136,737,004 on Wednesday.
Trading averaged 263,158 shares at $1,316,650 compared to 348,707 stocks with a value of $2,278,950 on Wednesday, compared to April with an average of 1,417,136 stock units at $6,010,754.
Transjamaican Highway led trading with 10.51 million shares for 72.6 percent of the total volume, followed by Radio Jamaica, with 1.19 million units for 8.2 percent of the day’s trade and Wigton Energy with 625,781 stocks for 4.3 percent of the volume traded.
The All Jamaican Composite Index skidded 5,041.82 points to 372,957.21, the JSE Main Index dived 3,392.92 points to finish at 324,860.99 and the JSE Financial Index sank 1.09 points to conclude trading at 68.71. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. 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 financial year ending around August 2025.
At the close, AS Bryden increased $1.71 and ended at $30.46 with 17,302 shares crossing the market, Caribbean Cement fell $3.03 to $82.97 in an exchange of 2,471 stock units, Eppley Caribbean Property Fund popped 62 cents in closing at $39.45 with 8 shares changing hands. General Accident rallied 58 cents to end at $5.38 and closed with an exchange of 3,611 stocks, Guardian Holdings shed $4.99 in closing at $345, with investors trading 39 units, Jamaica Broilers sank $1 to finish at $28 after 39,712 shares passed through the market. Jamaica Producers slipped $2.40 to $22.50 with investors dealing in 33,001 units, JMMB Group sank 78 cents and ended at $21.87 with 5,836 stocks crossing the exchange, Kingston Wharves skidded 73 cents to finish at $27.75 with investors trading 31,919 stock units. Mayberry Group rose 55 cents to end at $7.25 after a transfer of 9,686 shares, NCB Financial lost $4.43 in closing at $45.02 following trading of 106,507 units, Pan Jamaica declined $1.35 to close at $54.90 as investors exchanged 131 stocks. Proven Investments dropped 45 cents to $18 with a transfer of 210,884 stock units, Sagicor Group fell $1.60 to $43.90 with 4,232 shares clearing the market, Scotia Group lost $1.19 to finish at $53 with traders dealing in 51,375 stocks and Wisynco Group gained 41 cents to close at $20.99 in switching ownership of 18,520 units.
In the preference segment, Jamaica Public Service 7% advanced $7.99 in closing at $44.50 after an exchange of 98 stock units and 138 Student Living preference share dropped $22.84 to end at $241.71 in trading 5 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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