Stocks recorded gains on the Jamaica Stock Exchange Main Market on Tuesday, with the All Jamaican Composite Index rising 1,277.14 points to 361,766.06, the JSE Main Index climbing 1,927.56 points to close at 314,415.45 and the JSE Financial Index gaining 0.66 points to end at 64.96 as the volume of stocks traded declined 16 percent and the value 29 percent more than on Thursday, following trading in 61 securities compared with 60 on Thursday, with prices of 24 rising, 18 declining and 19 ending unchanged.
The market closed with 11,711,045 shares trading worth $73,006,878 compared to 14,003,097 stock units at $56,426,679 on Thursday.
Trading averaged 191,984 shares at $1,196,834 compared to 233,385 stocks at $940,445 on Thursday and month to date, an average of 1,951,430 shares for $7,985,707, down from 2,094,151 stock units at $8,536,400 on the previous trading day and March with an average of 896,190 shares at $20,804,277.
Transjamaican Highway led trading with 5.60 million shares for 47.8 percent of total volume, followed by QWI Investments, with 2.14 million stocks for 18.3 percent of the day’s trade and Wigton Energy with 2.07 million units for 17.7 percent of market share.
The Investor’s Choice bid-offer indicator shows nine 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 13.1. 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, Caribbean Cement rallied 43 cents to end at $84.30 while trading 2,130 shares, Eppley skidded 83 cents to $32.50, with an exchange of 2,473 units, Guardian Holdings climbed $19.75 to close at $309.75 with a transfer of 106,215 shares, the largest trade since November last year when 112,030 shares were traded. Jamaica Stock Exchange gained 74 cents and ended at $12.74 with investors swapping 22,566 stock units, JMMB Group popped 40 cents in closing at $20.50 with an exchange of 5,463 stocks, Kingston Wharves advanced 82 cents to finish at $27.10 with 2,294 units crossing the market. Lasco Manufacturing increased 45 cents and ended at $7.50 with investors trading 22,618 stocks, Massy Holdings climbed $1.35 to $79.90 in an exchange of 618 shares, 138 Student Living lost 49 cents to end at $3.21, with 15,641 stock units clearing the market and Proven Investments rose 57 cents in closing at $17.50 as investors exchanged 80,332 shares.
In the preference segment, Jamaica Public Service 7% sank $6.68 to close at $37.82 after a transfer of 72 stock units, JMMB Group 7.15% – 2028 declined 36 cents to $2.60 with investors trading 20,136 stocks. Productive Business Solutions 10.5% preference share rallied $43.99 and ended at $1,043.99 after an exchange of 3 units, Sygnus Credit Investments 10% sank $13.99 to $90.01 with the trading of 400 stock units and Sygnus Credit Investments C10.5% popped $2 to close at $100 with traders dealing in 141 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.