Trading on the Jamaica Stock Exchange Main Market ended Friday. The volume of stocks exchanged rose moderately over Thursday, with a 20 percent lower value, following the exchange of 57 securities compared with 56 on Thursday, with prices of 21 rising, 20 declining and 16 ending unchanged.
The market closed with 8,684,104 shares trading worth $82,887,921, compared to 8,427,058 stock units at $103,412,472 on Thursday.
Trading averaged 152,353 shares at $1,454,174 in contrast with 150,483 stock units at $1,846,651 on Thursday.
An average of 251,712 shares, was traded at $2,681,438 for the month to date compared with 260,425 shares at $2,789,060 on the previous day, and well below the average of 1,710,130 stock units at $16,217,430 in September.
Transjamaican Highway led trading with 6.59 million shares for 75.9 percent of total volume, followed by Wigton Energy, with 812,917 units for 9.4 percent of the day’s trade and Carreras with 210,402 stocks for 2.4 percent of the volume traded.
The All Jamaican Composite Index rose 493.78 points to trading at 455,656.10, the JSE Main Index popped 1,027.18 points to 380,173.09 and the JSE Financial Index gained 0.52 points to finish at 75.43. At the close, the Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended an average PE Ratio of 15.9. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with fiscal years ending around August 2027.
At the close, AS Bryden increased $1.39 in closing at $18.70 in an exchange of 36,255 stock units, Barita Investments declined by 56 cents to end at $74.14, with 5,393 shares passing through the market, Caribbean Cement popped 85 cents to close at $114.85 after trading of 3,569 units. Eppley Caribbean Property Fund shed 75 cents and ended at $40.25 with 474 stocks changing hands, Guardian Holdings dipped by $2.98 to finish at $374.94, with 150 units crossing the exchange, Jamaica Broilers gained 48 cents to end at $14.48 with investors dealing in 132,101 shares.
Jamaica Stock Exchange dipped 30 cents to end at $9.35 in an exchange of 12,228 units, JMMB Group climbed 30 cents to finish at $17.90 in trading 142,934 stock units, Mayberry Group lost 31 cents and ended at $5.10 with 22,630 shares clearing the market, tNCB Financial fell $1 to finish at $73 in an exchange of 45,724 stock units, Sagicor Real Estate Fund lost $1.10 to close at $8.39 with investors trading 10,966 stocks and Scotia Group rose $1.45 in closing at $71.50 after a transfer of 4,310 shares.
In the preference segment, Productive Business Solutions 10.5% skidded $50 to end at $1,150 as investors exchanged 3 stock units.Prices of securities trading are those for the last transaction.