Slippage hits JSE Main Market


The Jamaica Stock Exchange Main Market slipped on Tuesday, with the volume of stocks traded declining 83 percent to 11,892,251 units, from 68,169,647 stock units, previously and the value dropped 57 percent from $174,638,204 on Monday to $75,617,149, following trading in 61 securities after inching down from 63 on Monday, with prices of 16 rising, 23 declining and 22 ending unchanged.

Trading averaged 194,955 shares at $1,239,625, after falling from 1,082,058 stocks at $2,772,035 on Monday and month to date, an average of 281,661 stock units at $2,695,257, after slipping down from 287,416 shares at $2,791,877 on the previous day and higher than for January, with an average of 271,336 units at $2,043,022.
Transjamaican Highway was the leading stock with 4.35 million shares for 36.6 percent of total volume, followed by Lasco Manufacturing, with 3.20 million stocks for 26.9 percent of the day’s trade and Sagicor Select Financial Fund with 1.15 million stock units for 9.7 percent of the day’s volume.
The All Jamaican Composite Index declined 756.02 points to 397,533.46, the JSE Main Index fell 522.08 points to end at 341,180.65 and the JSE Financial Index slipped 0.13 points to 62.85. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 17.4. 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 2026.
At the close of trading, Barita Investments lost 43 cents and ended at $69.80 with 4,186 shares passing through the market, Caribbean Cement rallied 92 cents to $112.92 in an exchange of 7,082 units, Carreras rose $1 to $21.20 with trading in 165,490 shares. Eppley Caribbean Property Fund rose $5.37 to end at $46 with trading of 25,668 stocks , Guardian Holdings skidded 52 cents to close at $360.48 with investors trading 1,013 stocks, Jamaica Producers sank $1.15 to finish at $22.80 after a transfer of 165,550 units. Kingston Wharves dipped 91 cents to $33.95 with investors trading 8,554 shares, Margaritaville popped 89 cents and ended at $11.81 with an exchange of 51 stock units, NCB Financial sank 55 cents to $42.40 trading 86,002 stocks. Pan Jamaica shed $2.49 to finish at $47 with 4,201 units crossing the market, Portland JSX dropped 57 cents to end at $8 in trading 213 stocks, Sagicor Group fell 95 cents to close at $39.50 after an exchange of 20,613 shares. Sagicor Real Estate Fund slipped $1.19 to $6.75 with investors dealing in 11,071 stock units and Seprod declined $4.98 to end at $77 in an exchange of 513 shares.
In the preference segment, 138 Student Living preference share increased by $16 in closing at $236 after investors swapped 6 units and Sygnus Credit Investments 10% sank $4 to finish at $102 with 445 stocks crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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