Real estate stocks surge on JSE Main Market 


Eppley Caribbean Property surged 18 percent and Sagicor Real Estate Fund jumped 15 percent at the close on Tuesday in trading on the Jamaica Stock Exchange Main Market following trading in 52 securities, down from 58 on Monday, with prices of 19 rising, 25 declining and eight ending unchanged. The volume of stocks traded jumped 114 percent and the value climbed 57 percent over Monday.

The market closed with 11,072,953 shares traded worth $50,190,156, climbing from 5,165,643 stock units at  $32,043,934 on Monday.
Trading averaged 212,941 shares at $965,195, rising from 89,063 stocks at $552,482 on Monday and for the month to date, an average of 149,509 units at $1,246,967 versus 144,331 shares at $1,269,968 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Transjamaican Highway led trading with 6.67 million shares for 60.2 percent of the total volume, followed by Innovative Energy, with 1.04 million units for 9.4 percent of the day’s trade and QWI Investments with 613,414 stocks for 5.5 percent of the volume traded.
The All Jamaican Composite Index gained 469.35 points to close at 359,135.67, the JSE Main Index advanced 326.36 points to 311,654.19 and the JSE Financial Index fell 0.19 points to close trading at 64.56. At the close, the Investor’s Choice bid-offer indicator shows 18 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. 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 2025.
At the close of active trading, AS Bryden popped $1 to close at $27 with investors trading 10,032 shares, Barita Investments dipped 77 cents to $70.02 in an exchange of 4,111 stocks, Berger Paints rallied 58 cents to finish at $7.58, after trading at a 52 week intraday low of $5.97, in trading of 6,675 shares. Caribbean Producers fell 65 cents and ended at $8.10 after closing with 2,223 units changing hands, Carreras increased 55 cents in closing at $15.86 in trading 72,523 stock units, Eppley Caribbean Property Fund climbed $6.59 to end at $42.59 with 519 shares changing hands. Jamaica Broilers shed 50 cents in closing at a 52 week low of $23.50, with investors trading 45,922 stocks, JMMB Group dropped 48 cents to $20.02 with 234,619 units crossing the market, Kingston Wharves rose 77 cents to end at $31.77 in an exchange of 302 stock units. Lasco Distributors advanced 58 cents and ended at $3.58 with traders dealing in 6,336 shares, Lasco Manufacturing lost $1 to close at $6.10 as investors exchanged 93,641 stocks, Massy Holdings skidded 45 cents to finish at $77.05 as traders switched ownership of 41 units. Mayberry Group gained 71 cents to $7.25 as 86 stock units crossed the exchange, Mayberry Jamaican Equities rose 67 cents to end at $9.70 with investors dealing in 650 shares, Pan Jamaica advanced 85 cents in closing at $51.50 as 14,676 units crossed the market. Proven Investments sank $1.25 to finish at $16.50 after an exchange of 1,286 stocks, Sagicor Group slipped $1 and ended at $39.01 with investors clearing 26,701 stock units in the market, Sagicor Real Estate Fund popped $1.06 to close at $8.10 after an exchange of 1,250 shares. Scotia Group sank 50 cents to $53.50 with a transfer of 60,148 stock units, Seprod declined $1 in closing at $77 as 1,152 stock units passed through the market, Stanley Motta shed 52 cents to close at $6.28 with an exchange of 26,047 stocks. Supreme Ventures lost 35 cents and ended at $19.55 with investors swapping 25,201 units, Sygnus Credit Investments rallied 37 cents to finish at $11.90 after a transfer of 187,648 stocks and Wisynco Group slipped 41 cents to end at $20.99 with traders switching ownership of 17,826 shares.

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

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