Pan Jam grabs big share of JSE Main Market


Trading in PJAM shares added $44 million to the value of stocks traded on the Jamaica Stock Exchange Main Market on Thursday, with the volume of stocks traded rising 116 percent and the value jumping 186 percent compared to Wednesday, with trading in 59 securities, after climbing from 56 on Wednesday, with prices of 18 rising, 19 declining and 22 ending unchanged.

The market closed with 8,516,581 shares trading for $110,934,522, increasing from 3,938,632 stocks at $38,761,359 on Wednesday.
Trading averaged 144,349 shares with a value of $1,880,246, after jumping from 70,333 stock units at $692,167 on Wednesday and for the month to date, an average of 314,597 units at $2,615,188, slipping from 326,757 shares at $2,667,684 on the previous day and March with an average of 244,194 units at $3,119,428.
Transjamaican Highway led trading with 2.06 million shares for 24.2 percent of total volume, followed by Supreme Ventures with 1.53 million stocks for 18 percent of the day’s trade and Wigton Energy with 1.29 million units for 15.2 percent of the day’s trade.
The All Jamaican Composite Index lost 1,819.74 points to close at 399,418.21, the JSE Main Index declined 890.61 points to 339,563.92 and the JSE Financial Index advanced 0.17 points to finish at 63.40. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 20.2. 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 fiscal year ending around August 2026.
At the close of trading, Barita Investments popped 62 cents and ended at $68.65 with traders dealing in 3,421 shares, Caribbean Producers advanced 50 cents to $6 after a transfer of 2,318 stock units, Carreras sank 65 cents to end at $20.55 with 310,912 shares clearing the market. First Rock Real Estate fell $1.35 in closing at $7.65 in an exchange of 750 units, GraceKennedy rose 49 cents to close at $70.80, with 35,412 stocks passing through the market, Jamaica Broilers skidded 70 cents to finish at $15.15 after an exchange of 45,075 shares. Jamaica Stock Exchange rallied 53 cents and ended at $12.54 with investors swapping 2,300 stocks, Kingston Wharves lost $2.47 to $35.02 with 4,481 units crossing the market, Massy Holdings increased $3.41 to finish at $74 with investors dealing in 245 stock units. MPC Caribbean Clean Energy slipped $6.51 to close at $36.49 with 100 shares crossing the exchange, Pan Jamaica sank $1.05 to end at $45.05 following trading of 980,507 units, Sagicor Real Estate Fund declined $1.94 to $7.96 after an exchange of 1,379 stocks. Scotia Group climbed $1 to $51 with investors trading 83,733 stock units, Seprod shed $3.97 in closing at $76.03 in an exchange of 3,159 shares, Supreme Ventures gained 43 cents and ended at $16 with 1,533,303 units changing hands and Wisynco Group dropped $1.79 to finish at $20.01 with a transfer of 66,763 stocks.
In the preference segment, Eppley 7.75% preference share dipped $1 to end at $20 as investors exchanged 2,399 stock units and Productive Business Solutions 10.5% sank $130 to close at $1,060 in trading 103 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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