Main Market bounce


The Jamaica Stock Exchange Main Market ended with a robust rally with the major indices closing well above that on Monday as trading remained relatively steady on Tuesday, with the volume of stocks traded marginally down with an 18 percent lower value compared to Monday, following trading in 55 securities down from 59 on Monday, with prices of 17 rising, 23 declining and 15 left unchanged.

The market closed with 14,784,445 shares trading for $55,846,494, down from 15,124,381 stock units at $68,395,358 on Monday.
Trading averaged 268,808 shares worth $1,015,391, versus 256,345 stocks at $1,159,243 on Monday and month to date, an average of 211,135 units at $1,435,679 versus 202,020 shares at $1,502,104 on the previous day, but down from November with an average of 279,326 stock units at $1,890,583.
JMMB 9.5% led trading with 6.86 million shares for 46.4 percent of total volume, followed by Wigton Energy, ending with 2.34 million stock units for 15.9 percent of the day’s trade, Transjamaican Highway closed with 1.68 million units for 11.4 percent of the volume traded and JMMB Group 10% with 1.26 million shares for 8.5 percent of market share.
The All Jamaican Composite Index rallied 2,834.64 points to end at 357,330.20, the JSE Main Index gained 2,078.92 points to 312,190.83 and the JSE Financial Index popped 0.71 points to close trading at 63.51. At the close, the Investor’s Choice bid-offer indicator shows seven 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 12.8. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecast by ICInsider.com for companies with their financial year ending around August 2026.
At the close of the market, Caribbean Cement popped $3.50 to end at $105.50 with 24,582 shares being traded, Carreras shed 49 cents to $17 after trading of 114,729 stock units, First Rock Real Estate sank 88 cents and ended at $10.10 with 1,978 shares clearing the market. Jamaica Broilers climbed 60 cents in closing at $17.60 after an exchange of 24,271 stocks, Kingston Properties rose 80 cents to finish at $8.93 after investors swapped 7,647 units, Margaritaville gained $1.74 to close at $13.32 with traders dealing in 723 stocks. NCB Financial fell 50 cents to $39 in switching ownership of 139,737 shares, Pan Jamaica lost 75 cents to finish at $49.25 with investors trading 1,002 stock units, Proven Investments skidded $2.98 and ended at a 52 weeks low of $13 in an exchange of 3,345 units. Sagicor Group rallied $2.10 and ended at $39.10 with investors swapping 2,068 shares, Sagicor Real Estate Fund sank 88 cents in closing at $7.82 with a transfer of 622 stock units, Stanley Motta increased 93 cents to close at $7.13 as investors exchanged 379 units. Sygnus Credit Investments advanced 54 cents to $12.99 in trading 6,601 stocks and Wisynco Group declined 69 cents and finished at $19.10 with 735,577 units changing hands.
In the preference segment, Jamaica Public Service 9.5% rose $318 and ended at $2598 in an exchange of 57 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

About IC Insider.com