Winning stocks dominated price movements in trading on the Jamaica Stock Exchange Main Market on Tuesday, with trading in 58 securities down from 64 on Monday, with prices of 23 stocks rising, 17 declining and 18 ending unchanged resulting from an 84 percent decline in the volume of stocks traded with the value dropping 65 percent lower than on Monday.
The market closed with 5,438,609 shares trading for $43,671,309 down from 34,121,468 stock units valued at $124,264,644 on Monday.
Trading averaged 93,769 shares at $752,954 versus 533,148 stocks at $1,941,635 on Monday and month to date, an average of 291,474 units at $1,463,004 from 387,032 shares at $1,806,195 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led trading with 1.44 million shares for 26.4 percent of total volume followed by Sagicor Select Financial Fund with 1.41 million units for 25.9 percent of the day’s trade and QWI Investments with 807,877 stock units for 14.9 percent market share.
The All Jamaican Composite Index advanced 559.86 points to conclude trading at 365,474.29, the JSE Main Index rallied 769.19 points to wrap up trading at 318,514.37 and the JSE Financial Index slipped 0.14 points to end at 66.01. The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and nine with lower offers.The Main Market ended trading with an average PE Ratio of 14.7. 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, Berger Paints slipped 85 cents to end at $6.97 with an exchange of just 500 stock units, Eppley popped $1 in closing at $35 after a mere 5 shares passed through the market, Eppley Caribbean Property Fund rallied 40 cents to $41.55 with a transfer of just 107 units. First Rock Real Estate sank 45 cents to finish at $10 with 452 stocks crossing the exchange, Guardian Holdings lost $3 and ended at $312 with traders dealing in 386 units, Jamaica Producers dropped 85 cents to close at $21.12 with 509 stocks clearing the market. Kingston Properties increased 55 cents to close at a 52 weeks, high of $10 with investors trading 909 shares, Margaritaville sank 80 cents to end at $14.50 after a transfer of 754 stock units,
Massy Holdings climbed $2 in closing at $80 following 7,065 shares crossing the market. Mayberry Group skidded 49 cents to finish at $7.41 in an exchange of 13,110 stock units, Proven Investments rose 97 cents and ended at $19.97 trading 14,684 stocks and Sygnus Real Estate Finance gained 69 cents to close at $11.50 in an exchange of 159 stock units.
In the preference segment, Jamaica Public Service 7% advanced 63 cents to $44.90 with investors swapping 452 shares and 138 Student Living preference share fell $2 to $210 after closing with an exchange of just 1 stock unit.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.