JSE Main Market slides as trading jumps


The Jamaica Stock Exchange Main Market slipped at the end of trading on Tuesday, with the JSE Index falling 2,130 points and the All Jamaican Composite Index dropping 2,998.08 points following trading in 54 securities, compared to 59 on Monday, with prices of 19 advancing, 25 declining and 10 ending unchanged. The volume of stocks traded rose 24 percent and the value surged 179 percent more than on Monday.

The market closed with 8,675,194 shares trading for $149,588,060, increasing from 7,001,365 stock units at $53,652,770 on Monday.
Trading averaged 160,652 shares at $2,770,149, well above the 118,667 stocks at $909,369 on Monday and month to date, an average of 142,712 units at $1,298,740 compared with 141,647 shares at $1,211,425 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Transjamaican Highway led trading with 2.23 million shares for 25.7 percent of the total volume, followed by Scotia Group which ended with 1.53 million stocks for 17.6 percent of the day’s trade, Wigton Energy closed with 1.38 million shares for 15.9 percent of the volume traded and Jamaica Broilers with 1.20 million stock units for 13.9 percent of market trade.
The All Jamaican Composite Index slipped 2,998.08 points to finish at 358,210.38, the JSE Main Index shed 2,129.19 points to wrap up trading at 310,674.91 and the JSE Financial Index skidded 0.95 points to finish at 64.35. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and eight with lower offers.
The Main Market ended trading with an average PE Ratio of 13.2. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with their financial year, ending on or around August 2025.
At the close, Caribbean Cement fell 70 cents to close trading of 4,952 shares at $81, Caribbean Producers increased 48 cents in closing at $8.48, with 4,542 stock units being traded, Carreras rose 36 cents to $15.86 with investors swapping 56,540 shares. Guardian Holdings skidded 90 cents to finish at $317 in switching ownership of 238 units, Jamaica Broilers sank 93 cents and ended at $24 after an exchange of 1,203,638 stocks, Jamaica Stock Exchange dipped 97 cents to close at $11.91 with an exchange of 5,589 units. Mayberry Group sank 44 cents to $6.56 in an exchange of 5,369 shares, Mayberry Jamaican Equities shed 99 cents in closing at $10 in trading 8,532 stock units, NCB Financial gained $2.09 to end at $42.60, with 258,371 stocks crossing the market. Sagicor Group dropped 50 cents to finish at $41.50 in an exchange of 7,582 shares, Salada Foods rose 44 cents and ended at $3.29, with 7,411 stocks changing hands, Scotia Group fell 39 cents to close at $52.80 as investors exchanged 1,528,259 units. Seprod advanced 96 cents to $78.95, with 1,389 stock units clearing the market. Sterling Investments declined 35 cents to end at $2.85 with an exchange of 10,000 shares and Wisynco Group slipped 54 cents in closing at $20.50 after trading at an intraday 52 week low of $18.01 after 210,974 stock units passed through the market.
In the preference segment, Jamaica Public Service 7% climbed 75 cents and ended at $38 after a transfer of 46 units and Jamaica Public Service 9.5% rallied $5 to finish at $2,655 with traders dealing in just one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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