JSE Main Market rallies into the weekend


Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 58 percent and 4 percent greater value compared to Thursday, following trading in 57 securities compared with 59 on Thursday, with prices of 17 rising, 23 declining and 17 ending unchanged, resulting in healthy gains in the market index.

The market closed after 14,821,316 shares were traded with a value of $108,874,973, in comparison with 9,400,269 stocks for $104,848,942 on Thursday.
Trading averaged 260,023 shares for $1,910,087, up from 159,327 shares at $1,777,101 on Thursday and month to date, an average of 223,757 units at $1,892,495, well aligned with 219,774 shares at $1,890,563 on the preceding day and below May with an average of 328,145 stock units at $2,328,972.
Transjamaican Highway led trading with 7.0 million shares for 47.3 percent of total volume, followed by Innovative Energy, with 5.45 million units for 36.8 percent of the day’s trade and Lasco Distributors with just 373,318 stocks for 2.5 percent of the volume traded.
The All Jamaican Composite Index climbed 2,898.56 points to close at 403,623.92, the JSE Main Index advanced 1,664.86 points to 341,287.00 and the JSE Financial Index rose 1.00 points to 64.93. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 14.8. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close, AS Bryden skidded $2.24 to $23.01, with 2,716 shares being traded, Barita Investments declinedx $1.19 in closing at $68.01 with an exchange of 8,690 units, Eppley slipped 50 cents to $33, with 2,500 shares changing hands. GraceKennedy fell 91 cents and ended at $67.99 with investors trading 35,025 stock units, Guardian Holdings popped $6 to close at $321, with 5,108 stocks crossing the exchange, Massy Holdings advanced $1.60 to finish at $74 with investors swapping 2,764 shares. Mayberry Group declined 40 cents to $6, with 1,481 stocks clearing the market, Pan Jamaica sank 87 cents to close at $44.13 after an exchange of 7,167 units, Proven Investments rose 87 cents in closing at $11.90 and closed with an exchange of 417 stock units. Sagicor Group rallied $1.14 and ended at $39.50 after an exchange of 15,629 shares, Sagicor Real Estate Fund increased 40 cents to end at $8.99 with investors dealing in 718 stock units, Scotia Group climbed $5.33 to finish at $59.63 in an exchange of 314,086 stocks. Stanley Motta dipped $1.20 and ended at $5.80, with 6,034 units crossing the market and Sygnus Real Estate Finance sank 50 cents to $8 as investors exchanged 4,240 shares.
In the preference segment, Productive Business Solutions 10.5% gained $99.78 to finish at $1159.78, following trading of 888 stock units and Sygnus Credit Investments 10% popped $1.50 to end at $110 in an exchange of 1,966 stocks.

Prices of stocks traded are those for the last transaction unless otherwise stated.

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