JSE Main Market trading plunged


Trading ended with reduced activity on the Jamaica Stock Exchange Main Market on Wednesday, resulting in a 10 percent reduction in the volume of stocks traded and a 49 percent drop in value compared to trading on Tuesday, following an exchange of 54 securities, down from 59 on Tuesday, with prices of 21 rising, 25 declining and eight ending unchanged.

The market closed with 5,348,668 shares being traded with a value of a mere $27,352,412, after declining below the 6,807,392 stock units at $44,911,562 on Tuesday.
Trading averaged 99,049 shares at $506,526 compared with 109,797 stocks at $724,380 on Tuesday and month to date, an average of 164,910 units at $1,236,457, falling from 170,897 shares at $1,302,815 on the prior day and September with an average of 383,823 stock units at $3,398,543.
Wigton Energy led trading with 1.68 million shares for 31.4 percent of total volume, followed by Transjamaican Highway, with 1.40 million stock units for 26.2 percent of the day’s trade and Radio Jamaica chipped in with 437,785 stocks for 8.2 percent of the volume traded.
The All Jamaican Composite Index increased 709.26 points to finish at 367,297.53, the JSE Main Index advanced by just 243.47 points to 322,529.59 and the JSE Financial Index slipped 0.27 points to 66.76. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the 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 2026.
At the close of the market, AS Bryden popped $1.99 and ended at $37.27, with investors dealing in 1,985 shares, Barita Investments advanced by 90 cents to $82.90, with 5,037 stock units passing through the market, Caribbean Cement shed $2.84 to close at $89.27, after trading of 6,180 shares. Caribbean Producers sank 45 cents to end at $7.05 after a transfer of 8,386 units, Eppley Caribbean Property Fund fell $3.40 in closing at $39 as investors exchanged 1,580 stocks, First Rock Real Estate rose $1.55 to finish at $11.75 with traders transferring 84 shares. GraceKennedy fell 50 cents and ended at $72.50 with investors swapping 1,503 stocks, Guardian Holdings slipped $15 to $360 with an exchange of 171 units, Jamaica Producers sank $1.25 to close at $23.25 with 58,130 stock units changing hands. Massy Holdings skidded 50 cents to finish at $77.50 after brokers executed an exchange of 854 shares, NCB Financial lost $1.05 to close at $40.90 with traders dealing in 48,479 units, Pan Jamaica dropped 75 cents to end at $49.25, with investors switching ownership of 29,009 stocks. Sagicor Group gained $1.28 to $41.49 after an exchange of 4,365 stock units, Scotia Group declined 98 cents to close at $55 in trading 30,928 shares, Seprod sank $1.06 to end at $78.60 with 2,015 units crossing the exchange. Supreme Ventures dropped 40 cents in closing at $18.40 with investors trading 209,850 stocks and Victoria Mutual Investments increased 42 cents to finish at $2.67 in an exchange of 121,608 stock units.
In the preference segment, Productive Business Solutions 10.5% lost $7.48 and ended at $1,152.52, with 38 shares changing hands. Sygnus Credit Investments 10% climbed 65 cents to $104.25 as traders cleared 205 stock units in the market and Sygnus Credit Investments C10.5% rallied $1.09 in closing at $105 after exchanging a mere one unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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