Seprod, Kingston Wharves and Margaritaville were big winners at close of the Jamaica Stock Exchange Main Market on Thursday, following activity in 61 securities up from with 54 on Wednesday, with prices of 18 rising, 28 declining and 15 ending unchanged, resulting in the volume of stocks traded declining 15 percent and the value 73 percent lower than on Wednesday, with Transjamaican Highway dominating with 60.9 percent of total volume.
The market closed with 12,257,707 shares trading worth $76,185,624, after sliding from 14,941,475 stocks at $283,960,943 on Wednesday.
Trading averaged 200,946 shares at $1,248,945, down from 268,397 stocks valued at $5,255,307 on Wednesday and month to date, and an average of 154,891 stock units at $1,425,034 compared to 148,797 shares at $1,448,335 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Transjamaican Highway led trading with 7.47 million shares for 60.9 percent of total volume, followed by Carreras which ended with 1.71 million stocks for 13.9 percent of the day’s trade and Wigton Energy with 1.69 million stock units for 13.8 percent of the day’s trade.
The All Jamaican Composite Index rose 809.62 points to close at 361,498.88, the JSE Main Index fell 329.20 points to 312,503.70 and the JSE Financial Index fell 0.35 points to conclude trading at 64.75. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and none with a lower offer.
The Main Market ended trading with an average PE Ratio of 13.4. 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 2025.
At the close of the market, Berger Paints dropped 54 cents to $7.04 as investors exchanged 3,300 shares, Carreras lost 40 cents and ended at $15.30, with 1,709,794 units clearing the market, GraceKennedy skidded $1.88 to end at $72.10 with traders swapping ownership of 8,013 shares. while Guardian Holdings sank $1 in closing at $318 after an exchange of 652 stock units, Jamaica Producers shed $1.30 to close at $22.50 with investors trading 1,113 stocks, Kingston Wharves advanced $2.97 to finish at $32.47 with 17,330 units crossing the market. Margaritaville popped $1.81 to $12.36 after a transfer of 10 stocks, Massy Holdings fell $1.20 in closing at $76.30 with 4,125 shares being traded, NCB Financial increased 65 cents to end at $41.95 with 58,216 stock units crossing the exchange. 138 Student Living climbed 42 cents to close at $3.68 with investors dealing in 1,796 shares, Pan Jamaica sank $1.79 to finish at $50.71 with 180 units changing hands, Proven Investments dipped 65 cents and ended at $17.25 after an exchange of 2,565 stocks. Sagicor Group slipped $1.20 to $41.19 with 4,941 stock units crossing the market, Seprod rose $4.27 and ended at $79.77, but after hitting an intraday 52 week low of $75.10, with investors swapping 6,909 shares and Supreme Ventures declined 85 cents to end at $19.05 in an exchange of 34,746 units.
In the preference segment, Jamaica Public Service 9.5% gained $1 in closing at $2,650 with traders dealing in just 3 stocks, JMMB Group 7.15% – 2028 shed 53 cents to close at $2.55 after investors exchanged 266,152 stock units and 138 Student Living preference share sank $5.50 to finish at $194.50 after 21 shares were traded.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.