Radio Jamaica grabs market share


Radio Jamaica outpaced all other stocks in trading on Monday in capturing 83 percent of the volume traded, with the value accounting for 39 percent at $68.5 million on the Jamaica Stock Exchange Main Market. The volume of stocks traded jumped by 318 percent and the value fell 30 percent compared to Friday, with an exchange of 63 securities, up from 60 on Friday, with prices of 22 rising, 21 declining and 20 ending unchanged.

The market closed with 68,169,647 shares trading for $174,638,204, with the volume increasing from 16,289,808 stocks at $249,65,396 on Friday.
Trading ended with an average of 1,082,058 shares at $2,772,035, from 271,497 units at $4,160,257 on Friday and month to date, an average of 287,416 stock units at $2,791,877 compared with 228,932 shares valued at $2,793,337 on the previous day and January with an average of 271,336 stock units at $2,043,022.
Radio Jamaica led trading with 56.62 million shares for 83.1 percent of the total volume, followed by Lasco Manufacturing, with 4.81 million shares for 7.1 percent of the day’s trade and Transjamaican Highway with 3.49 million stock units for 5.1 percent of the overall volume.
The All Jamaican Composite Index dropped 1,361.07 points to finish at 398,289.48, the JSE Main Index sank 690.49 points to 341,702.73 and the JSE Financial Index rallied 0.87 points to close at 62.98. At the close, the Investor’s Choice bid-offer indicator shows 13 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 17.5. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings compiled by ICInsider.com for companies with the fiscal year ending around August 2026.
At the close of trading, AS Bryden lost $2.88 to close at $29.55, after trading of 73 stocks  Barita Investments gained $1.20 to $70.23 with traders dealing in 624 stock units, Caribbean Producers skidded 49 cents to close at $6.31 after a transfer of 2,983 shares. Eppley Caribbean Property Fund popped 77 cents and ended at $40.63 with investors switching ownership of 1,912 units, Guardian Holdings fell $2.88 in closing at $361 with investors trading 892 stocks, Jamaica Producers rallied 95 cents to end at $23.95 in an exchange of 300,766 units. Lasco Manufacturing shed 75 cents in closing at $6.25, with investors dealing in 4,808,272 shares, Margaritaville sank 89 cents to $10.92, with 1,131 stocks crossing the exchange. Mayberry Jamaican Equities dropped $1.07 to end at $6.70, after trading 601 stock units. Pan Jamaica increased $2.54 and ended at $49.49 with an exchange of 18,328 shares, Portland JSX climbed 57 cents to finish at $8.57 after dealers swapped 46 stock units, Sagicor Group rose 80 cents to close at $40.45 with 8,370 stocks changing hands and Scotia Group sank 71 cents to $49.30 after an exchange of 47,137 units.
In the preferred segment, Jamaica Public Service 9.5% dipped $100 and ended at $2,400, with 22 stocks being traded and Productive Business Solutions 10.5% advanced $4.99 to end at $1,149.99, with investors swapping 467 units.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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