Trading dived on the Jamaica Stock Exchange Main Market on Thursday, with.42 percent drop in volume traded a 13 percent lower value compared to Wednesday, following trading of 55 securities up from 52 on Wednesday, with prices of 19 rising, 24 declining and 12 ending unchanged.
The market closed with only 6,123,360 shares trading for $88,487,284 after sliding from 10,593,921 stock units at $101,610,805 on Wednesday.
An average of 111,334 shares was traded for $1,608,860 compared to 203,729 stocks at $1,954,054 on Wednesday. Trading for the month to date, an average of 297,491 units at $2,772,234 skidding from 312,138 shares at $2,863,773 on the previous day and August with an average of 895,289 stock units at $10,824,938.
Transjamaican Highway led trading with 2.43 million shares for 39.7 percent of total volume, followed by Sygnus Credit Investments with 812,006 units for 13.3 percent of the day’s trade and JMMB Group with 759,529 stocks for 12.4 percent of the volume traded.
The All Jamaican Composite Index rose 1,303.78 points to end at 435,830.76, the JSE Main Index increased 1,364.68 points to close at 367,131.51 and the JSE Financial Index popped 0.03 points to 69.97. At the close, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and five with lower offers.
Trading closed with an average PE ratio of 15.7. ICInsider.com compiles the PE ratios of the JSE Main Market based on the last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the closing of the market, Caribbean Producers rallied 40 cents to finish at $8 with 5,083 stocks changing hands, Eppley fell $1.05 and ended at $34.75 after trading of 280 stock units, GraceKennedy popped $2.01 to $78.50 with 20,096 shares crossing the market. Guardian Holdings gained $20 to end at $370 with a transfer of 5,014 stock units, Kingston Properties rose $1.07 in closing at $11.67 with 2,909 shares crossing the exchange, Massy Holdings dipped $4.90 to close at $73.60 with investors trading 358 units.
MPC Caribbean Clean Energy lost $2.61 to $18.60 with 2 stocks crossing the market, Sagicor Group climbed $1.89 to close at $43.40 in switching ownership of 61,945 stock units, Sagicor Real Estate Fund increased $1.43 to finish at $9.43 with 109 shares clearing the market and Seprod slipped $1.04 and ended at $73.96 9,595 shares.
In the preference segment, Sygnus Credit Investments C10.5% skidded $5.05 in closing at $99.95 in trading 220 stocks.
Prices of securities trading are those of the last transaction.