JSE Main Market trading plunge

Trading activity plunged on the Jamaica Stock Exchange Main Market on Monday, with a 38 percent drop in the volume of stocks traded, with 55 percent less value than on Friday, following trading in 63 securities up from 60 on Friday, with the market declining following the prices of 21 stocks rising, 29 declining and 13 ending unchanged.
The market closed with 6,274,451 shares trading for $32,345,923 a sizable fall from 10,194,467 units at $72,333,313 on Friday.
Trading averaged 99,594 shares at $513,427 compared to 169,908 units at $1,205,555 on Friday and down from August with an average of 290,511 units at $2,258,494.
Sagicor Select Financial Fund led trading with 1.29 million shares for 20.5 percent of total volume followed by Transjamaican Highway with 1.27 million units for 20.3 percent of the day’s trade and Wigton Windfarm with 780,462 stock units for 12.4 percent market share.
The All Jamaican Composite Index fell 2,244.49 points to close at 353,055.26, the JSE Main Index shed 965.44 points to end at 311,533.81 and the JSE Financial Index slipped 0.24 points to finish at 65.37.
The Main Market ended trading with an average PE Ratio of 14.2. The JSE Main and 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 2025.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and five with lower offers.
At the close, AS Bryden sank $3.29 to $36.05 with 168 stock units passed through the market, Barita Investments fell 58 cents to close at $73.42 in an exchange of 9,312 shares, Berger Paints gained 47 cents in closing at $6.83 with trading of 3,414 units. Caribbean Cement sank 69 cents to $64.30 in swapping 16,110 stocks, Eppley popped $2.49 and ended at $37.49, with 185 shares changing hands, Eppley Caribbean Property Fund advanced $3.79 to finish at $44.69 with an exchange of 6 stocks. General Accident dropped 96 cents to $5.45 after 161 units were exchanged, GraceKennedy rose $1.49 to $73.99 after a transfer of 61,359 stock units, Guardian Holdings climbed $20 to finish at $340 with investors trading 2 shares. Jamaica Broilers lost $1 to end at $33.50 after an exchange of 18,565 stock units, Jamaica Stock Exchange skidded $1.02 in closing at $10.05 with investors swapping 284,981 stocks, Kingston Wharves dropped 80 cents to close at $28.10, with 16,282 units crossing the market. Massy Holdings climbed $1.70 to $78.70 as investors traded 873 shares, Pan Jamaica shed $2.74 to finish at $48 in trading 29,057 stock units, Sagicor Real Estate Fund rallied 40 cents and ended at $8.50 after 30,100 units passed through the market. Scotia Group declined 98 cents in closing at $43 with investors dealing in 36,658 stocks, Seprod dipped $5 to close at $81 after trading of 9,327 shares and Sygnus Real Estate Finance popped 54 cents to end at $10.55 with a transfer of 175 units.
In the preference segment, JMMB Group 7% preference share lost 45 cents in closing at $2.54, with 1,346 stocks crossing the exchange, 138 Student Living preference share skidded $15 to $195 with investors trading just 1 stock unit and Sygnus Credit Investments C10.5% sank 50 cents to close at $108.50 in an exchange of 2 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.