Rising stocks edged out on JSE Main Market

Declining stocks edged out those rising on the Jamaica Stock Exchange Main Market on Tuesday, following a 48 percent decline in the volume of stocks traded declining with the value being 16 percent more than on Monday, with trading in 57 securities compared with 61 on Monday, with prices of 22 stocks rising, 24 declining and 11 ending unchanged.
The market closed with an exchange of 9,447,304 shares for $55,827,190 compared to 18,204,801 stock units valued at $48,152,166 on Monday.
Trading averaged 165,742 shares at $979,424 compared to 298,439 stock units at $789,380 on Monday and trading for the month to date, with an average of 290,511 units with a value of $2,258,494.
Transjamaican Highway led trading with 4.17 million shares for 44.2 percent of total volume followed by Transjamaican 8% preferred share, with 2.01 million units for 21.3 percent of the day’s trade and Wigton Windfarm with 809,692 stock units for 8.6 percent market share.
The All Jamaican Composite Index fell 597.26 points to conclude trading at 349,473.56, the JSE Main Index shed a mere 1.65 points to 308,076.08 and the JSE Financial Index lost 0.46 points to close at 63.44.
The Main Market ended trading with an average PE Ratio of 14.1. 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.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close of the market, Barita Investments rose 40 cents to end at $73.49 with 1,958 shares crossing the exchange, Caribbean Cement dipped 50 cents to $64.50 with a transfer of 988 stocks, Eppley sank $2.10 to close at $34.90 after just 74 shares passed through the market. Eppley Caribbean Property Fund climbed $3 and ended at $42 after an exchange of a mere 14 stock units, GraceKennedy lost 50 cents to finish at $73.96 with 39,985 shares clearing the market, Jamaica Broilers dropped $2.48 in closing at $31.50 with an exchange of 39,156 stock units. JMMB Group fell 44 cents to $20.65 with 18,196 stocks crossing the market, Margaritaville increased $1.05 to end at $15.43 with traders dealing in 100 units, Massy Holdings popped $1.10 in closing at $80 after an exchange of 817 shares. NCB Financial advanced 75 cents to finish at $51.90 after the trading of 33,721 stock units, Pan Jamaica slipped $3.37 and ended at $46.10 in switching ownership of 30,743 units, Sagicor Real Estate Fund rallied 43 cents to close at $9 and closed with 313 stocks changing hands. Scotia Group gained 89 cents to $43.80 with investors swapping 477,479 units and Supreme Ventures rose 70 cents to finish at $21.15, with 19,056 stocks crossing the market.
In the preference segment, Jamaica Public Service 9.5% sank $1 and ended at $2699 with investors trading 4 shares and Sygnus Credit Investments C10.5% climbed $1.50 to close at $104.50 with 28 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.