Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with prices of 23 rising, 19 declining and 13 ending unchanged, after 55 securities were exchanged, down from 57 on Wednesday, with Quantas Advantage, Caribbean Producers and General Accident the leading winners. Trading ended with a 60 percent drop in the volume of stocks traded, with a 6 percent rise in value compared to Wednesday.
The market closed with trading in 17,851,585 shares, with a value of $174,828,688 after tumbling from 44,278,737 stock units at $164,593,495 on Wednesday.
Trading closed with an average of 324,574 shares at $3,178,703, down from 776,820 stock units at $2,887,605 on Wednesday and month to date, an average of 344,619 stocks for $3,103,713 compared with 347,250 shares at $3,093,870 on the previous day and August with an average of 895,289 stock units at $10,824,938.
Lasco Manufacturing led trading with 6.71 million shares for 37.6 percent of total volume followed by Transjamaican Highway with 4.19 million stocks for 23.5 percent of the day’s trade, Jamaica Producers closed with 2.01 million stock units for 11.2 percent of the volume traded, Wigton Energy ended with 1.29 million shares for 7.2 percent of the day’s volume and Sagicor Select Financial Fund with 1.16 million stocks for 6.5 percent of market share.
The All Jamaican Composite Index fell 182.18 points to 437,440.59, the JSE Main Index advanced 488.21 points to 367,153.90 and the JSE Financial Index slipped 0.22 points to end at 69.65. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 15.6. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on the last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading, Barita Investments skidded 50 cents and ended at $67 after trading 45,978 stock units, Berger Paints fell 50 cents to $5.50 with 1,500 shares crossing the exchange, Caribbean Producers gained $1.65 in closing at $8.79 with a transfer of 7,388 units. Eppley Caribbean Property Fund shed $1.10 to finish at $42 with 1,439 stocks clearing the market, First Rock Real Estate declined by 75 cents to close at $5.50 after a transfer of 4,056 units, General Accident jumped 76 cents to $8.77 with investors swapping 2,350 stock units. Mayberry Jamaican Equities rose 49 cents to $6.49 after an exchange of 23,292 stock units, Pan Jamaica lost 50 cents to close at $43 with investors dealing in 12,526 stocks,
Proven Investments dipped 55 cents and ended at $8.90 with 97,043 shares crossing the market. Quantas Advantage increased $2.50 in closing at $19.50 with investors swapping 2,810 stock units, Sagicor Group slipped $3.95 to finish at $40.05 with an exchange of 123,950 stocks, Sagicor Real Estate Fund dropped $1.37 to end at $8.43 after trading of 760 stock units and Scotia Group lost $1.20 to $57.80 as investors exchanged 7,368 shares.
In the preference segment, Sygnus Credit Investments 10% advanced $2.19 to finish at $113.99 with 890 units passing through the market.
Prices of securities trading are those of the last transaction.