Transjamaican Highway closed trading as the market leader on Tuesday with the price hitting a record high, helping to push the Jamaica Stock Exchange Main Market to close another day with solid gains and helping to push the volume of stocks traded up by 41 percent, with the value 36 percent lower than on Monday, with trading in 60 securities down from 62 on Monday, with prices of 21 stocks rising, 27 declining and 12 ending unchanged.
The market closed with trading of 26,500,977 shares at $154,386,911 versus 18,751,570 stock units at $240,793,065 on Monday. Trading ended with an average of 441,683 shares at $2,573,115 compared to 302,445 stocks at $3,883,759 on Monday and for the month to date, an average of 270,088 stock units at $2,428,159 compared to 259,833 shares at $2,419,496 on Tuesday and October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led with 7.40 million shares for 27.9 percent of total volume followed by Wigton Energy with 6.94 million stocks for 26.2 percent of the day’s trade, Sterling Investments chipped in with 5.45 million units for 20.6 percent market share, 138 Student Living ended with 1.40 million stock units for 5.3 percent market share and JMMB 9.5% preference share with 1.05 million shares for 4 percent of total volume.
The All Jamaican Composite Index increased 3,241.38 points to finish at 364,576.88, the JSE Main Index rallied 2,864.42 points to end at 318,220.32 and the JSE Financial Index gained 0.38 points to close at 64.27. The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and four with lower offers.The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and 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, Barita Investments rose $1.50 to finish at $75 after 1,578 stock units passed through the market, Berger Paints gained 91 cents to end at $8.55 with investors trading 118 shares, Caribbean Cement dropped $3.30 to close at $71.20 with an exchange of 136,422 stocks. Eppley Caribbean Property Fund popped $4 and ended at $37 with 510 units clearing the market, General Accident gained 84 cents to end at $6.40 as investors exchanged 803 shares, GraceKennedy climbed $1.46 in closing at $78.26 after trading in 316,607 stock units. Guardian Holdings sank $15 to $300 after an exchange of 473 units, Jamaica Producers advanced $1 to finish at $23 with investors swapping 54,815 stocks, Kingston Wharves rallied 59 cents and ended at $31 in an exchange of 913 units. Massy Holdings skidded 90 cents to end at $78 with investors dealing in 132,486 stocks, Mayberry Group increased 47 cents in closing at $7.97, with 831 shares crossing the exchange, Mayberry Jamaican Equities popped 42 cents to close at $9.92 in switching ownership of 430 stock units. NCB Financial rallied 50 cents to $51 after an exchange of 149,721 shares, Pan Jamaica rose $1.02 to end at $51 with a transfer of 120,115 units, Proven Investments gained $1.50 in closing at $19 with 124,093 stocks crossing the market. Sagicor Real Estate Fund fell $1.18 to close at $7.38 in an exchange of 14,020 stock units, Salada Foods dropped 40 cents to $3.10 with 11,730 shares being traded, Supreme Ventures advanced 78 cents to finish at $22.48 after transferring 7,199 stocks and Sygnus Real Estate Finance shed 45 cents to close at $11 with investors trading 550 units.
In the preference segment, Eppley 7.50% preference share sank 48 cents in closing at $5.52 with 6,064 stock units crossing the market, Eppley 7.75% preference share climbed $2.39 to end at $22.59 following trading of 202 shares. Jamaica Public Service 7% dipped $3 and ended at $40 in trading 1,838 stocks, Productive Business Solutions 10.5% preference share lost $15 to finish at $1,035 with traders dealing in 128 units and Sygnus Credit Investments C10.5% slipped $4.99 to close at $100 in switching ownership of 9,547 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.