Pre-Easter day slumber for JSE Main Market


The Jamaica Stock Exchange Main Market closed the shortened week on Thursday, with more decline for the market with trading in 60 securities up from 54 on Wednesday, with prices of 20 rising, 23 declining and 17 ending unchanged following a 46 percent decline in the volume of stocks traded with a 43 percent lower value than Wednesday.

The market closed with trading of 14,003,097 shares for $56,426,679, down from 26,127,733 stock units at $99,012,198 on Wednesday.
Trading averaged 233,385 shares at $940,445, down from 483,847 stocks valued at $1,833,559 on  Wednesday and month to date, an average of 2,094,151 stock units at $8,536,400, from 2,255,489 shares at $9,195,009 on the previous day compared with an average of 896,190 stock units at $20,804,277 in March.
Wigton Energy led trading with 6.77 million shares for 48.4 percent of total volume, followed by Transjamaican Highway that ended with 4.09 million units for 29.2 percent of the day’s trade and JMMB Group 7.35% – 2028 with 407,074 stocks for 2.9 percent of the volume traded.
The All Jamaican Composite Index dropped 809.47 points to close at 360,488.92, the JSE Main Index sank 1,153.08 points to 312,487.89 and the JSE Financial Index slipped 0.32 points to end at 64.30. The Investor’s Choice bid-offer indicator shows 16 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 12.9. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings forecasts for companies with financial year ending around August 2025 done by ICInsider.com.
At the close of the market, Caribbean Cement increased 87 cents to end at $83.87 in trading 16,759 shares, First Rock Real Estate popped 72 cents in closing at $9.25, with 1,395 stock units crossing the market. Guardian Holdings fell $13 to $290 as investors exchanged 1,198 shares. Jamaica Broilers shed 50 cents and ended at $26 after a transfer of 56,772 stocks, Jamaica Producers dropped 40 cents to finish at $23 in trading 50,192 units, Kingston Wharves lost $2.18 to close at $26.28 after 1,495 shares passed through the market. Lasco Manufacturing dipped 42 cents to $7.05 in an exchange of 230,515 stock units, Margaritaville sank 90 cents and ended at $13 with traders dealing in 950 units, MPC Caribbean Clean Energy slipped $1 in closing at $63 with a mere 2 stocks being traded and Sygnus Real Estate Finance gained $1.22 to finish at $9.36 after the trading of 14 shares.
In the preference segment, Eppley 7.75% preference share rose $1.95 to end at $20 in switching ownership of 230 stock units, Jamaica Public Service 7% rallied $4.50 to close at $44.50 with investors swapping 2 stocks and Sygnus Credit Investments C10.5% sank $2.99 to $98 after an exchange of 1,571 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated 

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