Main Market posts more gains


Trading jumped appreciably on the Jamaica Stock Exchange Main Market on Wednesday, with the volume exchanged rising 49 percent and the value 43 percent more than on Tuesday, following trading in 60 securities compared with 62 on Tuesday, with prices of 31 rising, 13 declining and 16 ending unchanged, with Guardian Holdings trading at an intraday 52 weeks’ high of $390 and Wigton Energy grabbed 51 percent of the day’s trade as the market put on its usual month end dressing.

The market closed with 20,922,408 shares trading for $136,737,004 up from, 13,995,385 stock units at $95,941,290 on Tuesday.
Trading averaged 348,707 shares at $2,278,950, up from 225,732 stocks at $1,547,440 on Tuesday and month to date, an average of 1,417,136 units at $6,010,754 compared with 1,474,889 shares at $6,212,474 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Wigton Energy led trading with 10.74 million shares for 51.3 percent of total volume followed by Transjamaican Highway, with 4.89 million units for 23.4 percent of the day’s trade and Sagicor Select Financial Fund with 802,486 stocks for 3.8 percent of the volume traded.
The All Jamaican Composite Index jumped 3,626.12 points to conclude trading at 377,999.03, the JSE Main Index rallied 3,285.19 points to 328,253.91 and the JSE Financial Index popped 0.64 points to 69.80.
At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. 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 2025.
At the close, Caribbean Cement rose $3 and ended at $86 after 43,715 shares passed through the market, Eppley Carib Property Fund skidded 62 cents to $38.83 with investors dealing in 1,000 stock units, GraceKennedy lost 35 cents in closing at $71.65, with 15,108 shares crossing the market. Guardian Holdings climbed $5.99 to finish at $349.99 after hitting a 52 weeks’ intraday high of $390, with investors trading 31,393 stocks, Jamaica Broilers popped $1 to end at $29 with 126,780 units crossing the market, Kingston Wharves increased 78 cents to close at $28.48 in trading 166,054 stocks. Margaritaville declined 55 cents to $15 and closed with just 4 shares changing hands, Massy Holdings rallied $1.10 to end at $79.50 after a transfer of 232 stock units, Mayberry Group advanced 35 cents in closing at $6.70 with 2,229 units crossing the exchange. Mayberry Jamaican Equities gained 78 cents and ended at $9.78 with 8,120 stocks changing hands, NCB Financial popped $3.45 to finish at $49.45 with an exchange of 281,429 units, Pan Jamaica fell 70 cents to close at $56.25 after investors ended trading 87,584 shares. Sagicor Group gained $1.60 to $45.50 after an exchange of 141,323 stock units, Sagicor Real Estate Fund rose 40 cents and ended at $8.60 with a transfer of 3,541 shares, Seprod sank $1.55 to close at $84.95 as investors exchanged 100,022 units. Sygnus Real Estate Finance advanced $1.20 to end at $9.34 in switching ownership of 12 stocks and Wisynco Group dropped 42 cents in closing at $20.58 with traders dealing in 24,744 stock units.

In the preference segment, Jamaica Public Service 7% sank $4.49 to finish at $36.51, with an exchange of 100 shares. 138 Student Living preference share increased $44.28 and ended at $264.55 with investors swapping 4,816 stocks and Productive Business Solutions 10.5% preference share climbed $10.99 to $1,044.99 after an exchange of 8 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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