JSE Main Market retreats on Wednesday

Investors pulled back from trading on the Jamaica Stock Exchange Main Market on Wednesday, resulting in the volume and value of stocks traded falling 17 percent and 27 percent, respectively. Transjamaican Highway ended with trading of 44 percent of the total volume, following trading activities in 59 securities compared with 62 on Tuesday, with prices of 21 securities rising, 26 declining, and 12 ending unchanged.

The market closed with 5,441,255 shares trading, worth $36,679,194, slipping from 6,582,118 stock units at $50,375,973 on Tuesday.
Trading averaged 92,225 shares at $621,681, declining from 106,163 stocks at $812,516 on Tuesday and month to date, an average of 121,254 stock units at $770,279 compared with 135,066 shares at $840,982 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Transjamaican Highway led trading with 2.40 million shares for 44.1 percent of total volume. followed by Sagicor Select Financial Fund with 987,752 units for 18.2 percent of the day’s trade and Wigton Energy with 499,603 stocks for 9.2 percent of the volume traded.
The All Jamaican Composite Index fell 2,981.22 points to close at 367,403.09, the JSE Main Index dropped 1,594.90 points to 318,785.22 and the JSE Financial Index fell 0.13 points to 66.38. At the close, the Investor’s Choice bid-offer indicator shows 19 stocks ending with bids higher than their last selling prices and two with lower offers.
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 of the trading, AS Bryden increased 94 cents and ended at $25 in an exchange of 40 shares, Barita Investments lost 92 cents to finish at $70 with investors trading 1,609 stock units, Caribbean Cement fell $2 to end at $81 as traders exchanged 5,771 shares. Jamaica Broilers sank 70 cents in closing at $26.30, with 20,901 units being traded, Margaritaville dipped $2.98 to close at $10.52 with an exchange of 59 stocks, Mayberry Jamaican Equities climbed 95 cents to finish at $11.05 with 5,000 units clearing the market. NCB Financial sank $1.80 to $41.19 with traders dealing in 295,909 shares, Pan Jamaica popped 40 cents to end at $51 with 9,929 stock units crossing the exchange, Proven Investments skidded 98 cents in closing at $17.21 after a transfer of 516 stocks. Seprod dropped $1.50 to close at $83.50, after trading of 9,446 units and Supreme Ventures advanced 49 cents to finish at $19.50 after an exchange of 2,525 stocks.

In the preference segment, 138 Student Living preference share shed $35.98 and ended at $204, with a transfer of 5 shares and Sygnus Credit Investments 10% declined $2.10 to $100.90, with investors swapping 100 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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