JSE Main Market trading jumps

Investors pumped more money into stocks on Thursday in trading on the Jamaica Stock Exchange Main Market, resulting in the volume of stocks traded rising 79 percent and the value 146 percent more than on Wednesday, with trading in 61 securities compared with 63 on Wednesday, with prices of 23 stocks rising, 20 declining and 18 ending unchanged.
The market closed with 13,748,626 shares trading for $132,263,247 up from 7,679,552 units at $53,712,877 on Wednesday.
Trading averaged 225,387 shares at $2,168,250 up from 121,898 units at $852,585 on Wednesday and for the month to date, an average of 333,219 units at $2,162,481 compared with 338,742 stock units at $2,162,186 on the previous day and April with an average of 680,802 units at $3,619,595.
Lasco Manufacturing was the leading trade with 2.35 million shares for 17.1 percent of total volume followed by Wigton Windfarm with 2.34 million stocks for 17.1 percent of the day’s trade, Transjamaican Highway ended with 1.82 million units for 13.3 percent of market share and Carreras with 1.15 million shares for 8.4 percent of total volume.
The All Jamaican Composite Index rallied 126.07 points to finish at 356,956.15, the JSE Main Index rose 207.13 points to conclude trading at 319,967.41 and the JSE Financial Index advanced 0.23 points to end at 68.12.
The Main Market ended trading with an average PE Ratio of 13.5. 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 six stocks ended with bids higher than their last selling prices and six with lower offers.
At the close, Berger Paints gained 30 cents to end at $8.50 with traders dealing in 84,264 shares, Caribbean Cement sank $1.79 in closing at $63.01, with 71,798 units crossing the market, Eppley Caribbean Property Fund lost 40 cents to close at $39 in an exchange of 546 shares. General Accident declined 57 cents to finish at $6.50, with 34,132 stock units changing hands, GraceKennedy shed 75 cents and ended at $73.30 after a transfer of 64,791 shares, Jamaica Broilers dropped 50 cents to close at $31.50 in switching ownership of 639,566 stock units. Jamaica Producers rose 66 cents to $22.55 after an exchange of 507,395 units, JMMB Group climbed 76 cents to $25.50 with investors trading 513,686 stocks, Mayberry Group fell 33 cents to close at $7.75 with an exchange of 77,798 shares. Mayberry Jamaican Equities slipped 90 cents and ended at $9.52 after trading 23,606 stocks, MPC Caribbean Clean Energy increased $2.99 in closing at $94.99 after an exchange of 1,075 units, NCB Financial popped $1.11 to end at $63 after closing with an exchange of 204,702 stock units. Pan Jamaica rallied $4.43 in closing at $50.50, with 71,480 shares crossing the exchange, Sagicor Group advanced 50 cents to $40.50 with investors dealing in 3,438 stock units, Sagicor Real Estate Fund rose 59 cents to close at $7.65 in an exchange of 154,200 units. Scotia Group gained $2.17 to end at $43.93, with 159,305 stocks crossing the market, Supreme Ventures dipped $1.40 and ended at $23 as investors exchanged 85,912 shares and Wisynco Group popped $1.15 to finish at $21.46 in trading 42,355 units.
In the preference segment, Jamaica Public Service 5% advanced 35 cents and ended at 82 cents as 25 stocks passed through the market, Productive Business Solutions 9.75% preference share skidded $11.10 to $102.40 with investors trading 1,000 stock units and Sygnus Credit Investments C10.5% rallied 50 cents to end at $110 with 3,000 shares clearing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.