JSE Main Market skids


The Jamaica Stock Exchange Main Market lost ground on Monday, as the volume of stocks traded declined 20 percent and the value dived 47 percent from Friday, following trading in 59 securities compared with 55 on Friday, leading to prices of 22 rising, 26 declining and 11 ending unchanged.

The market closed with trading of 10,127,598 shares for $54,364,045, falling from 12,681,799 stock units at $103,301,856 on Friday.
Trading averaged 171,654 shares at $921,424, a fall from 230,578 stocks at $1,878,216 on Friday. Trading for the month to date closed with an average of 230,674 units at $1,347,570 compared with 237,449 shares at $1,396,485 on the prior day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 2.80 million shares for 27.6 percent of total volume followed by JMMB Group 10% which ended with 1.57 million stocks for 15.5 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 1.46 million stock units for 14.5 percent of the volume traded, Wigton Energy with 1.29 million shares for 12.7 percent of the volume traded and Pulse Investments ended with 1.20 million stocks for 11.9 percent of market trade.
The All Jamaican Composite Index skidded 124.69 points to end at 352,851.24, the JSE Main Index lost 572.60 points to close at 305,698.81 and the JSE Financial Index rose 0.10 points to close at 62.79. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.3. 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 of trading, Caribbean Cement advanced $1.09 to $84.59 after investors transferred 164,454 shares, JMMB Group slipped 53 cents to a 52 week low of $18.75 as traders exchanged 33,507 stocks, Key Insurance sank 38 cents to close at $2.24 in an exchange of 22 shares. Lasco Distributors popped 40 cents to finish at $3.82 with 3,937 stock units clearing the market, Margaritaville shed $2.54 in closing at $10.22 with traders switching ownership of 266 units, Massy Holdings lost $1.09 to end at $75.90, with trading of 4,786 shares. NCB Financial increased $1 to $35 with investors exchanging 243,221 units, Pan Jamaica climbed $1.51 to finish at $51.28 with 21,874 stocks crossing the market, Proven Investments skidded 42 cents and ended at $17.07 in an exchange of 684 stock units. Sagicor Group rose $1.25 in closing at $40.95 with investors trading 7,622 shares, Seprod gained 95 cents to close at $79.45 after an exchange of 6,208 units, Sygnus Real Estate Finance sank 80 cents to end at $7.25 with investors trading 133 stocks and Wisynco Group dipped 70 cents to $19.30 after an exchange of 12,018 stock units.
In the preference segment, 138 Student Living preference share fell $5.99 and ended at $215 with investors dealing in a mere one share, Productive Business Solutions 10.5% rallied $80 in closing at $1,120 with 6 units crossing the market and Sygnus Credit Investments C10.5% declined $1.50 to end at $108.50 as investors exchanged 11,541 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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