JSE Main Market trading plunges

Trading on the Jamaica Stock Exchange Main Market plunged on Tuesday, with the volume of stocks traded declining 47 percent with a 61 percent lower value than on Monday, following trading in 62 securities up from 58 on Monday, with prices of 28 stocks rising, 16 declining and 18 ending unchanged.
The market closed with 6,034,933 shares trading valued $30,473,110 compared to 11,475,735 stocks at $77,364,981 on Monday.
Trading averaged 97,338 shares at $491,502 compared to 197,858 stocks at $1,333,879 on Monday and month to date, an average of 175,651 units at $1,332,341 down from 184,066 units at $1,422,691 on the previous trading day and September that finished with an average of  592,167 stock units at $8,859,784.
Transjamaican Highway led trading with 2.97 million shares for 49.2 percent of total volume followed by Wigton Windfarm with 942,780 units for 15.6 percent of the day’s trade and Lasco Manufacturing with 461,974 stock units for 7.7 percent market share.
The All Jamaican Composite Index dropped 1,294.91 points to end at 355,359.73, the JSE Main Index rose 908.08 points to settle at 311,174.39 and the JSE Financial Index shed 0.15 points to close at 65.30. The Investor’s Choice bid-offer indicator shows the price of six stocks ending with bids higher than their last selling prices and three with lower offers.

The Main Market ended trading with an average PE Ratio of 14.3. 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.
At the close of market activities, AS Bryden climbed $2 in closing at $37 with traders dealing in just 140 stocks, Caribbean Cement rose $1 to $69 with 10,897 units changing hands, Carreras advanced 50 cents to close at $10.50 after an exchange of 191,413 shares. Eppley popped $1.50 to end at $37.50 with 11,187 stock units clearing the market, Guardian Holdings skidded $1 and ended at $327 with investors trading 26 shares, Jamaica Broilers increased $1.65 to finish at $36.75 with 31,469 stocks crossing the market. JMMB Group rallied $1.60 to $23.60 with investors trading in 35,551 stock units, NCB Financial sank 42 cents to close at $53.50 with 6,344 stock units crossing the exchange, Pan Jamaica gained $1.60 and finished at $48.90 with investors trading 569 shares. Proven Investments slipped 78 cents and ended at $15.50 after 1,400 stock units passed through the market, Sagicor Real Estate Fund rose 65 cents in closing at $8 trading 139,471 stocks, Scotia Group lost 43 cents to end at $44.97 in an exchange of 2,284 units. Supreme Ventures advanced $1.08 in closing at $22.88 with 117,925 stocks crossing the market and Sygnus Real Estate Finance popped 53 cents to $10.53 with investors swapping 473 units.

In the preference segment, Eppley 7.50% preference share rallied 99 cents to finish at $6.60 after an exchange of just 9 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.