Sharp jump in trading on JSE Main Market 


Trading jumped sharply on the Jamaica Stock Exchange Main Market on Monday, with Transjamaican Highway controlling 65 percent of shares traded and resulted in a 234 percent rise in the volume of stocks traded, with the value climbing 126 percent over Friday, following trading in 57 securities compared with 56 previously, with prices of 17 rising, 22 declining and 18 ending unchanged, with NCB Financial jumping $5.63 as it bounces from the recent low of $27.50.

The market closed with 47,379,247 shares trading for $194,226,991 compared with 13,799,663 stock units at $80,790,833 on Friday.
Trading averaged 831,215 shares at $3,407,491 compared to 246,423 stocks at $1,442,693 on Friday. For the month to date, an average of 336,159 stock units at $1,870,817 compared with 214,529 shares at $1,493,272 on the previous day and July with an average of 270,399 stock units at $2,493,078.
Transjamaican Highway led trading with 29.86 million shares for 63 percent of total volume followed by Sagicor Select Financial Fund which ended with 11.73 million stocks for 24.8 percent of the day’s trade, Carreras closed with 2.56 million stock units for 5.4 percent of the volume traded and Sagicor Select Manufacturing & Distribution Fund with 1.21 million shares for 2.6 percent of market share.
The All Jamaican Composite Index rose 1,815.69 points to 356,077.28, the JSE Main Index dropped 393.30 points to conclude trading at 307,981.39 and the JSE Financial Index rose 0.84 points to 63.41. At the close, the Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with fiscal years ending around August 2025.
At the close of the market, AS Bryden sank $4 to end at $22.25 with 341 shares passing through the market, Berger Paints gained 63 cents to $7.24 with traders dealing in 651 units, Caribbean Cement advanced $4.73 to $90 with 2,880 shares crossing the market. Carreras popped 49 cents to finish at $17.49 with an exchange of 2,560,572 stock units, Eppley skidded $1.99 and ended at $30.01 with 291 stocks clearing the market, Eppley Caribbean Property Fund fell 80 cents to close at $42.50 in an exchange of 1,346 units. Jamaica Broilers gained $1.84 to finish trading of 4,067 shares at $25.84, Kingston Wharves dropped $1.10 to close at $29.90 with investors swapping 17,369 stock units, Mayberry Group shed 36 cents and ended at $6.84 with traders passing 2,210 stocks through the market. NCB Financial rallied $5.60 to end at $37 with investors dealing in 331,190 shares, 138 Student Living sank 50 cents in closing at $4.20 with a transfer of 1,120 units, Pan Jamaica dipped $1.48 to finish at $48.51 as investors exchanged 4,968 stocks. Sagicor Group lost 50 cents and ended at $41 after the trading of 61,771 stock units, Sagicor Real Estate Fund slipped 73 cents to $7.15 after an exchange of 1,114 shares, Scotia Group increased 83 cents to end at $53.64 with 1,591 stocks crossing the market. Sterling Investments declined 49 cents in closing at $2.80 in an exchange of 67,779 units and Wisynco Group climbed 75 cents to close at $20.75 with investors trading 52,076 stock units.
In the preference segment, Sygnus Credit Investments 10% rose $1.95 to finish at $107.95 after an exchange of 23 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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