Trading ended on Friday with a sharp bounce in the Jamaica Stock Exchange Main Market following a 63 percent jump in the volume of stocks traded with a 25 percent lower value than Thursday, flowing from trading in 57 securities down slightly from 58 on Thursday. Trading resulted in, prices of 25 shares rising, 14 declining and 18 ending unchanged.
The market closed with 15,065,778 shares trading for $82,569,896 up from 9,258,988 stock units with a value of $109,778,942 on Thursday.
Trading averaged 264,312 shares at $1,448,595 in contrast to 159,638 stocks at $1,892,740 on Thursday and month to date, an average of 659,748 units at $23,008,281 that is closely aligned with 689,021 shares at $24,604,258 on the previous day but well above February with an average of 405,332 stock units at just $1,953,730.
Wigton Energy led trading with 7.28 million shares for 48.3 percent of total volume followed by Transjamaican Highway that ended with 3.50 million stocks for 23.2 percent of the day’s trade and Sagicor Select Financial Fund with 1.01 million stock units for 6.7 percent of the day’s total volume.
The All Jamaican Composite Index jumped 3,457.62 points to wrap up trading at 375,985.50, the JSE Main Index surged 3,847.52 points to close at 325,040.47 and the JSE Financial Index advanced 0.48 points to 67.17. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15.1. The JSE Main and USD Market PE ratios are based on the last traded stock prices and earnings projected by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints popped 83 cents to finish at $7.98 after an exchange of just 5 stock units, Eppley sank 45 cents and ended at $35 with 1,109 shares being traded, First Rock Real Estate increased 43 cents to $8.95 with an exchange of 123,765 stocks. General Accident climbed 72 cents to end at $5.72 with 2,465 units crossing the market, Guardian Holdings rose $18 in closing at $307 in trading 302 stocks, Jamaica Broilers rallied $1.49 to close at $35.24 after an exchange of 4,072 shares. Jamaica Producers gained $2 to close at $24 with 111,606 units passing through the market, Kingston Wharves advanced $1.30 to finish at $27.90 as investors exchanged 760 stock units, Massy Holdings popped $2.98 and ended at $80.98 with 71 shares switching owners. NCB Financial skidded $1.78 to end at a multiyear low of $42 with 90,433 stocks clearing the market. Pan Jamaica rallied $3.80 in closing at $57 in an exchange of 214,250 units, Sagicor Group sank 41 cents to close at $41.99 with investors dealing in 110,317 stock units and Scotia Group increased 82 cents to $56.82 in an exchange of 25,761 shares.
In the preference segment, Sygnus Credit Investments C10.5% climbed $4.93 and ended at $101.99 in trading 674 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.