JSE Main Market trading jumps


Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with a 51 percent jump in the volume of stocks changing hands, valued 235 percent more than on Tuesday, with trading in 62 securities compared with 61 on Tuesday, with prices of 21 rising, 25 declining and 16 ending unchanged.

The market closed with 17,740,083 shares trading worth $182,300,899 compared to 11,741,183 stock units at $54,384,733 on Tuesday.
Trading averaged 286,130 shares at $2,940,337 compared to 192,478 stocks at $891,553 on Tuesday and for the month to date, an average of 183,568 units valued at $1,434,994 compared with 175,879 shares at $1,322,139, on the previous day and September with an average of 383,823 stock units at $3,398,543.
Carreras led trading with 3.31 million shares for 18.7 percent of total volume followed by Sagicor Select Financial Fund, with 3.0 million stocks for 16.9 percent of the day’s trade, Transjamaican Highway closed with 2.48 million stocks for 14 percent of the volume traded, Wigton Energy closed with 2.41 million units for 13.6 percent of the days total volume and Wisynco Group with 1.71 million units for 9.6 percent of market share.
The All Jamaican Composite Index dropped 4,239.29 points to end at 361,821.69, the JSE Main Index declined 3,408.36 points to 319,020.22 and the JSE Financial Index dipped 0.61 points to close at 65.99. At the close, the Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings that are forecasted by ICInsider.com for companies with the financial year ending around  August 2026.
At the close of market activity, Caribbean Cement popped 50 cents to finish at $90 after an exchange of 141,856 shares, Carreras dipped 61 cents and ended at $18 with investors trading 3,311,138 stock units, Eppley Caribbean Property Fund sank $3.38 to $38.62 in switching ownership of 10 shares. First Rock Real Estate gained 45 cents to end at $11.99 with investors trading 651 units, GraceKennedy rose $1 in closing at $72, with 128,914 stocks crossing the market, Guardian Holdings skidded $13 to close at $360 with an exchange of 572 shares. Kingston Wharves sank 90 cents to $28.80 with 128,927 stock units changing hands, Lasco Manufacturing dropped 43 cents to finish at $6.26 after an exchange of 127,683 units, Massy Holdings fell $2.48 and ended at $75.02 with investors swapping 217,602 stocks. MPC Caribbean Clean Energy declined 49 cents to close at $42.50 after a transfer of 500 units, NCB Financial advanced $1.48 to end at $41.48, with trading of 30,851 shares, Pan Jamaica rallied $1.74 in closing at $49.75 in an exchange of 21,692 stock units and Wisynco Group shed 45 cents to $20, with 1,710,620 stocks clearing the market.
In the preference segment, Jamaica Public Service 7% lost 41 cents to close at $44.08 in trading 1,058 units, 138 Student Living preference share increased $20 in closing at $260 after just 51 stocks crossing the exchange and Productive Business Solutions 10.5% climbed $7.48 to finish at $1,160 with a transfer of a mere two shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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