Trading picked up on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of stocks traded increasing 20 percent accompanied by a 39 percent jump in value over trading on Monday. Investors ended their investment activity in 63 securities compared with 60 on Monday, as the market closed with prices of 18 rising, 25 declining and 20 ending unchanged, resulting in a mild slippage in the market indices.
The market closed with 14,336,129 shares trading for $85,336,664 after an increase from 11,988,984 stock units at $61,180,712 on Monday.
Trading averaged 227,558 shares at $1,354,550, after climbing from 199,816 stock units at $1,019,679 on Monday and month to date, an average of 228,161 shares with a value of $1,457,820 after sliding from 228,214 shares at $1,466,782 on the previous day and December with an average of 395,435 stock units at $4,321,753.
Transjamaican Highway led trading with 8.69 million shares for 60.6 percent of the total volume, followed by Sagicor Select Manufacturing & Distribution Fund, ended with 1.14 million units for 8 percent of the day’s trade and QWI Investments with 767,972 stocks for 5.4 percent of the volume traded.
The All Jamaican Composite Index shed 603.84 points to settle at 382,287.25, the JSE Main Index fell 271.61 points to 329,924.94 and the JSE Financial Index slipped 0.12 points to conclude trading at 63.14. At the close, the Investor’s Choice bid-offer indicator shows eight 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 16.1. 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 2026.
At the close of the market, Barita Investments dropped 51 cents to end at $73.20 after trading of 2,146 shares, Caribbean Cement dropped $1.90 to close at $105 after investors dealt in 8,839 units, GraceKennedy climbed by 74 cents to $71.94 after an exchange of 20,084 shares. Guardian Holdings lost $3 in closing at $340 after 789 stocks passed through the market, while the Jamaica Stock Exchange advanced 53 cents and ended at $11.78 with traders dealing in 345 stocks, Kingston Wharves declined 50 cents to finish at $37.50 with market participants switching ownership of 16,821 units. Massy Holdings sank 50 cents to $74.50 with 4,798 shares crossing the market, Mayberry Group rose 35 cents and ended at $6.95 after trading of 3,380 stock units, MPC Caribbean Clean Energy skidded $2 to finish at $42 with 500 stocks passing through the market. NCB Financial fell 74 cents in closing at $40.75 in an exchange of 279,234 shares,
Proven Investments slipped 68 cents to close at $14.42 with 1,899 stocks clearing the market, Scotia Group shed 50 cents to end at $49.50 with an exchange of 114,619 units and Sygnus Real Estate Finance dipped $1 in closing at $12 with 1,038 stock units crossing the market.
In the preference segment, the Jamaica Public Service 7% share sank $3 to $37 as with an exchange of 4,226 shares, Jamaica Public Service 9.5% fell $8 to close at $2,590 with a transfer of 1 unit, 138 Student Living preference share rallied $18.78 and ended at $230 after an exchange of 801 stocks and Productive Business Solutions 10.5% lost $1.99 to end at $1,148 with investors trading 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.