JSE Main Market rose on reduced trading

Stocks mostly rose at the close of trading on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded declining 61 percent valued 33 percent lower than on Tuesday, with trading in 60 securities up from 59 on Tuesday, with prices of 31 stocks rising, 18 declining and 11 ending unchanged.
Trading closed with an exchange of 12,161,308 shares for $176,680,058 compared to 31,493,482 stock units at $262,090,658 on Tuesday.
Trading averaged 202,688 shares at $2,944,668 compared to 533,788 units at $4,442,215 on Tuesday and month to date, an average of 457,154 units at $2,403,909 compared with 482,643 units at $2,349,743 on the previous day and April that closed with an average of 680,802 units at $3,619,595.
Transjamaican Highway led trading with 3.76 million shares for 30.9 percent of total volume followed by Wigton Windfarm with 2.67 million units for 22 percent of the day’s trade and NCB Financial with 1.62 million units for 13.4 percent of the day’s trade.
The All Jamaican Composite Index jumped 4,043.31 points to cease trading at 356,886.54, the JSE Main Index rallied 3,561.72 points to lock up trading at 319,806.60 and the JSE Financial Index popped 0.49 points to finish at 67.65.
The Main Market ended trading with an average PE Ratio of 12.5. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, AS Bryden popped $4.35 to end at $38.35, with 26 stock units clearing the market, Barita Investments rallied $2.07 to $72.11 with traders dealing in 2,624 shares, Berger Paints increased $1.70 and ended at $8.70 and closed with an exchange of just 471 units. Caribbean Cement climbed 50 cents to close at $63.50 with investors dealing in 52,166 stocks, Eppley dipped $2.04 to finish at $37.46 in trading 61 shares, General Accident sank $1.02 in closing at $6.30 after exchanging 34,922 stocks. Guardian Holdings dropped $10 to $360 with investors transferring 396 units, Jamaica Broilers rose 60 cents to close at $31.10 in switching ownership of 46,394 stocks, Jamaica Producers gained 74 cents to end at $22.55 with investors swapping 70,001 shares. Jamaica Stock Exchange shed $2.22 in closing at $9.04 with an exchange of 214,189 stocks, JMMB Group advanced 90 cents and ended at $24.50 after 270,629 units passed through the market, Kingston Wharves rose 60 cents to $26 after an exchange of 501,011 stocks. Margaritaville climbed 92 cents and ended at $15 with investors trading just one share, Massy Holdings popped $1.89 to $89.89 in an exchange of a mere one stock unit, Mayberry Group lost 50 cents to close at $7.50, with 294 units crossing the market. NCB Financial gained $2.49 to finish at $63.99 in an exchange of 1,624,909 stock units, Pan Jamaica rallied $2.19 to $47.50, with 2,456 shares changing hands, Proven Investments advanced 43 cents in closing at $21.43 with 3,766 units crossing the exchange. Sagicor Group gained 55 cents to $40.55 in trading 9,907 stocks, Scotia Group slipped $1.20 to close at $42, with 161,192 stock units crossing the market, Seprod popped $1.01 in closing at $80 as investors exchanged 9,844 shares and Wisynco Group advanced $1 and ended at $21 after a transfer of 120,383 stocks.
In the preference segment, Jamaica Public Service 7% rose $5.40 to finish at $48 with a transfer of 2 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.