Trading surged on the Jamaica Stock Exchange Main Market following a jump in the number of Supreme Ventures shares changing hands and accounting for $253 million and 82 percent of the value traded on Tuesday, with a 37 percent rise in the volume of stocks traded g and 79 percent surge in the value compared to Thursday. Similar to trading on Thursday there was activity in 63 securities, with prices of only 14 rising, 34 declining and 15 ending unchanged, resulting in a noted fall in the Main Index
The All Jamaican Composite Index shed 4,327.22 points to 401,261.86, the JSE Main Index declined 3,590.53 points to close at 340,876.51, while the JSE Financial Index dipped by 0.70 points to settle at 63.14. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five ended with lower offers. The market closed with 25,845,084 shares trading for $309,012,147 after jumping from18,875,786 stock units at $172,618,714 on Thursday.
Trading averaged 410,239 shares at $4,904,955 after rising from 299,616 stock units at $2,739,980 on Thursday and month to date, an average of 349,261 units at $3,334,583 compared with 317,772 shares at $2,523,653 on the previous day and March with an average of 244,194 stock units at $3,119,428.
Supreme Ventures led trading with 19.18 million shares for 74.2 percent of total volume followed by Transjamaican Highway which ended with 3.81 million units for 14.7 percent of the day’s trade and QWI Investments with 483,911 stocks for 1.9 percent of the volume traded.
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 financial year ending around August 2026.
Trading closed with, Barita Investments dropping $1.30 in closing at $68 with 3,627 shares passing through the market, Eppley dropped 49 cents to $35.01 with 2,619 units changing hands, General Accident lost 80 cents to close at $5.70 after a transfer of 6,000 shares. GraceKennedy declined by 68 cents to $70.02 with 101,721 stock units crossing the market, Guardian Holdings sank 95 cents and ended at $329 with investors swapping 1,440 stocks, Jamaica Stock Exchange advanced 40 cents to finish at $12.61 with 955 units crossing the market. Kingston Wharves rose $2 to $37.50 with investors trading 4,603 stocks, Massy Holdings fell 93 cents to end at $71.50 in an exchange of 3,923 shares, NCB Financial rallied 45 cents in closing at $43.45, following the trading of 175,246 stock units.
Proven Investments slipped 51 cents and ended at $13.76 in an exchange of 4,982 shares, Sagicor Real Estate Fund sank 99 cents to finish at $10after trading 13,701 units, Scotia Group skidded 53 cents to $49.87 in trading 12,948 stocks. Seprod popped 40 cents to $81.40 after an exchange of 1,668 stock units and Supreme Ventures dipped 49 cents to close at $14 with 19,181,458 shares clearing the market.
In the preference segment, Eppley 7.25% preference share lost 50 cents and ended at $19 in switching ownership of 308 stock units, 138 Student Living preference share declined $29 in closing at $205 as investors exchanged 34 units and Productive Business Solutions 10.5% shed $4.30 to end at $1,150 with a transfer of 189 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.