Trading on the Jamaica Stock Exchange Main Market ended on Friday, with the volume of stocks traded rising 102 percent and the value 205 percent more than on Thursday, with trading in 58 securities down from 60 on Thursday, with prices of 25 rising, 15 declining including, NCB Financial that traded at a 52 weeks’ low of $47.20 and 18 ending unchanged resulting 18 ending unchanged and resulted in the Market indices climbing.
The market closed with 13,681,851 shares trading for 165,127,354 up from just 6,727,759 stock units at $51,740,145 on Thursday.
Trading averaged 235,894 shares at $2,847,023 well above 112,129 stocks at $862,336 on Thursday and in trading for the month to date, an average of 443,829 units at $1,937,104 up from 458,289 shares at $1,874,351 on the prior day and January with an average of 257,074 stocks at $2,582,065.
Wigton Energy led trading with 3.62 million shares for 26.5 percent of total volume followed by QWI Investments which ended with 3.59 million stocks for 26.2 percent of the day’s trade and Transjamaican Highway with 1.54 million units for 11.2 percent of the day’s trade.
The All Jamaican Composite Index dipped 627.64 points to end at 378,269.18, the JSE Main Index rose 561.11 points to close at 327,774.19 and the JSE Financial Index slipped 0.52 points to 67.50. The Investor’s Choice bid-offer indicator shows five 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 14.9. 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.
At the close of the week, Caribbean Cement dropped $2.49 to $84 after a transfer of 6,405 stock units, Eppley Caribbean Property Fund gained $3.55 to close at $39.10 with investors swapping 106 shares, Guardian Holdings fell $6.17 to end at $303.58 after just 13 units traded. JMMB Group rose 62 cents in closing at $21.20 as investors exchanged 65,793 stocks, Key Insurance rallied 38 cents and ended at $2.40 with the trading of 344 shares, Kingston Wharves increased $2.49 to finish at $29.99 after an exchange of 1,023 stock units. Massy Holdings climbed $2.85 and ended at $82.85 with investors trading 134,873 units, Pan Jamaica popped 60 cents to $55.90 with an exchange of 45,849 stocks, Sagicor Group dipped $2.69 in closing at $37.31 with 42,349 units changing hands. Salada Foods advanced 48 cents to close at $3.68 with investors dealing in 364 stocks and Sygnus Credit Investments sank 39 cents to end at $12.60 in switching ownership of 177,576 shares.
In the preference segment, Jamaica Public Service 7% slipped $6 to finish at $38 with 1,132 stock units clearing the market and Sygnus Credit Investments C10.5% fell $2.70 and ended at $101.30 in an exchange of 1,938 shares.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.