Transjamaican Highway shot to a record close of $8.15 after hitting a high of $8.20 for the day in garnering 44 percent of a 32 percent reduction of the volume traded on the Jamaica Stock Exchange Main Market on Thursday, with the value of trading jumping 54 percent above that on Wednesday. Trading closed with an exchange of 60 securities similar to Wednesday, and ended with prices of 23 rising, 24 declining and 13 ending unchanged.
The market closed, following an exchange of 11,013,373 shares, worth $141,467,311 compared to 16,301,774 units at $91,641,614 on Wednesday.
Trading ended with an average of 183,556 shares at $2,357,789 compared to 271,696 stocks at $1,527,360 on Wednesday and for the month to date, an average of 209,781 units at $2,083,927 compared with 211,676 shares at $2,064,130 on the preceding day and lower than for April with an average of 342,509 stock units at $2,726,829.
Transjamaican Highway led trading with 4.86 million shares for 44.1 percent of total volume, with the price rising 15 cents to a record high of $8.15, followed by Kingston Wharves, with 1.20 million stocks for 10.9 percent of the day’s trade and JMMB Group 7.35% – 2028 with 1.05 million units for 9.5 percent of the day’s trade.
The All Jamaican Composite Index sank 5,473.74 points to conclude trading at 405,999.39, the JSE Main Index dropped 4,705.24 points to close at 344,789.70 and the JSE Financial Index skidded 1.05 points to 64.97. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE of 15.9. 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 fiscal year ending around August 2026.
At the close of trading, AS Bryden fell $2.98 to close at $25.02 with dealings in 19,160 shares, Eppley fell $1 to end at $36 with trading of 135 stocks, Eppley Caribbean Property fell $4.50 to close at $42, following trading of 2,011 units. First Rock Real Estate shed $1.04 and settled at $8.93 with one share crossing the market, General Accident advanced $1.46 to close at $7.71 with an exchange of 500 stock units, Guardian Holdings declined $22 to finish at $323, following trading of 5,915 shares. Jamaica Broilers rose $1.50 to $15 with investors dealing in 24,113 units, Jamaica Producers sank 62 cents and ended at $22.88 with a transfer of 87,154 stocks, Kingston Properties gained $1.66 to finish at $12.21 with 323 stock units changing hands.
Massy Holdings dropped 40 cents to close at $72 with investors trading 1,217 shares, MPC Caribbean Clean Energy skidded $4.70 in closing at $26.62 with 1,770 stocks crossing the market, Portland JSX dipped $1.20 to end at $6.80 with investors swapping 812 units. Proven Investments slipped 90 cents to $11.60 with 259 stock units passing through the market, Sagicor Real Estate Fund sank 99 cents to finish at $8.91 as investors exchanged 15,501 shares and West Indies Petroleum declined $1.42 to $8.58 after a transfer of 120,911 units.
In the preference segment, Jamaica Public Service 7% shed $3.98 in closing at $37 after trading of 304 stocks and Sygnus Credit Investments C10.5% popped $8 to end at $109 in an exchange of 4 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.