Rising stocks clobber JSE Main Market losers


Rising stocks pushed the Jamaica Stock Exchange Main Market higher on Friday, following trading in 61 securities, up from 57 on Thursday, with prices of 34 rising, just 15 declining and 12 ending unchanged, following a 42 percent fall in volume traded, with an 11 percent lower value than on Thursday.

The market closed with 30,821,308 shares trading for $194,472,980, falling from 52,921,774 stock units at $218,524,588 on Thursday.
Trading averaged 505,267 shares at $3,188,082, after declining from 928,452 stocks at $3,833,765 on Thursday. Trading for the month to date, an average of 290,756 units at $1,547,092, up from 265,299 stock units at $1,352,344 on the previous day and August with an average of 286,418 stock units at $1,923,954.
Transjamaican Highway led trading with 26.84 million shares for 87.1 percent of total volume followed by Lasco Manufacturing which ended with 1.36 million stock units for 4.4 percent of the day’s trade and Wigton Energy with 444,580 stocks for 1.4 percent of the volume traded.
The All Jamaican Composite Index rallied 1,663.64 points to cease trading at 367,588.25, the JSE Main Index popped 1,284.45 points to settle at 317,959.92 and the JSE Financial Index rose 0.47 points to finish at 66.25. At the close, the Investor’s Choice bid-offer indicator shows four stocks ending with bids higher than their last selling prices and eight with lower offers.
The Main Market ended trading with an average PE Ratio of 13.5. 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 2026.
At the close of the market, AS Bryden rallied 21 cents to close at $25.81 with 2,603 shares crossing the market, Berger Paints sank 62 cents to $6.08 in trading 308 units, Caribbean Cement shed 42 cents to finish at $94 with 2,294 stock units clearing the market. Eppley shed $1.90 and ended at $33 after a transfer of 55 shares, Eppley Caribbean Property Fund increased $1.99 to end at $41.99 with 2,020 stock units being traded on the market, GraceKennedy sank 65 cents in closing at $70.90 with traders transferring 257,522 shares. Guardian Holdings lost $25 to end at $330 after investors exchanged 32,775 stocks, Jamaica Broilers popped 50 cents in closing at $26.50, after trading of 9,587 units, JMMB Group advanced 35 cents to end at $19 as investors exchanged 11,444 stock units. Lasco Manufacturing rose 20 cents to finish at $6.43 as 1,361,483 shares changed hands, Margaritaville gained $1.79 and ended at $15 with an exchange of 1,772 stock units, Mayberry Group climbed 20 cents to close at $7 after trading of 64 units. Mayberry Jamaican Equities slipped 69 cents to $9.50 with 1,947 stocks crossing the exchange, NCB Financial popped $1.05 to close at $44 with investors trading 240,630 units, 138 Student Living gained 34 cents to end at $4.44 after an exchange of 392 stocks. Pan Jamaica fell 20 cents to $50.80 with investors trading 2,008 shares, Portland JSX rose 35 cents and ended at $10.50 in switching ownership of of just 4 units, Proven Investments rose 20 cents to finish at $17 with investors dealing in 82,993 shares. Sagicor Group increased $1 to $41 as traders exchanged 14,234 stocks, Sagicor Real Estate Fund advanced 40 cents to close at $8 with 2,063 stocks passing through the market, Scotia Group rallied 61 cents in closing at $54.61 in trading 442,826 units. Seprod increased $3.92 and ended at $82.40 with traders dealing in 6,383 stocks, Sterling Investments climbed 29 cents to finish at $3.20 in an exchange of 60 units, Supreme Ventures popped 46 cents to end at $19.65 with investors dealing in 40,346 shares. Transjamaican Highway rallied 30 cents to $4 with 26,840,867 stock units clearing the market and Wisynco Group rose 35 cents to end at $21.31 as investors exchanged 4,596 shares.
In the preference segment, Eppley 7.25% preference share gained $1.39 in closing at $19.99 as traders switched ownership of 2 units. Jamaica Public Service 7% dipped $2.90 to close at $42 after an exchange of 9 stocks and Sygnus Credit Investments 10% advanced 91 cents and ended at $104.90 with investors swapping 2,001 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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