Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the Market indices climbing sharply, with the volume of stocks traded rising 11 percent, with a 37 percent lower value on Thursday, with trading in 57 securities compared with on Thursday, with prices of 33 rising, 13 declining and 11 ending unchanged.
The All Jamaican Composite Index surged 5,926.89 points to end at 369,318.79, the JSE Main Index jumped 4,710.76 points to wrap up trading at 320,857.81 and the JSE Financial Index rose 0.76 points to 66.60.
At the close, the Investor’s Choice bid-offer indicator shows 36 stocks ending with bids higher than their last selling prices and none with a lower offer.
The market closed with 22,723,807 shares trading for $107,226,755 compared with 20,497,763 stock units at $167,435,238 on Thursday.
Trading averaged 398,663 shares at $1,881,171 compared to 353,410 stocks at $2,886,814 on Thursday and month to date, an average of 286,418 units at $1,923,954 compared with 280,212 shares at $1,926,320 on the previous day and July with an average of 286,418 stock units at $1,923,954.
Wigton Energy led trading with 8.27 million shares for 36.4 percent of total volume followed by Sagicor Select Financial Fund which ended with 4.0 million stocks for 17.6 percent of the day’s trade, Radio Jamaica closed with 2.73 million stocks for 12 percent of the volume traded, Transjamaican Highway with 2.40 million units for 10.6 percent of the overall volume, Victoria Mutual Investments with 1.07 million units for 4.7 percent of the stocks traded and Sagicor Select Manufacturing & Distribution Fund with 1.07 million units for 4.7 percent of market share.
The Main Market ended trading with an average PE Ratio of 13.5. 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 rallied $5 to end at $30, with 23,107 shares crossing the market, Caribbean Cement popped $10 to $98 with investors trading 124,290 stocks, Eppley gained $2.12 to close at $35.45, with 57 shares changing hands. First Rock Real Estate rose 45 cents to finish at $9.95 in an exchange of 30,024 stocks, Guardian Holdings dropped $16 and ended at $340, with 30,096 units crossing the market. Jamaica Broilers climbed 80 cents to end at $26.60 after an exchange of 6,842 shares. Jamaica Producers increased $1.10 to $25 with a transfer of 98,449 units, Massy Holdings sank 50 cents to close at $77, with 483 stocks crossing the market, Mayberry Jamaican Equities slipped $1.04 to end at $9.50 in switching ownership of 1,127 stock units. MPC Caribbean Clean Energy sank $5.73 in closing at $59 after the trading of 142 shares, 138 Student Living advanced 40 cents to finish at $4.40 after an exchange of 186 units. Proven Investments popped 50 cents and ended at $17 after 220,155 shares passed through the market. Sagicor Group rallied $1.99 to $41.99 with an exchange of 99,243 stock units, Sagicor Real Estate Fund increased 35 cents to close at $8 and closed with an exchange of 50,520 shares, Seprod climbed $5.44 in closing at $82.93 after a transfer of 7,909 stock units and Supreme Ventures rose $1.49 to end at $19.90 in trading 81,728 stocks.
In the preference segment, Jamaica Public Service 7% dipped $3 and ended at $40, with 8 units crossing the exchange, 138 Student Living preference share gained $2.15 to finish at $242.15, with investors trading 22 shares. Productive Business Solutions 10.5% fell $15 to $1,085 in an exchange of 137 units and Sygnus Credit Investments 10% shed 50 cents to close at $104 with investors swapping 528 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.