Following the closure of the market on Labour Day on Friday, trading surged on Monday on the Jamaica Stock Exchange Main Market, with a 65 percent jump in the volume of stocks traded carrying a 24 percent lower value than on Thursday, with trading in 59 securities compared with 56 on Thursday and ended with prices of only seven rising, 36 declining and 16 ending unchanged.
The market closed with 9,762,580 shares trading for $56,407,184, increasing from 5,906,767 stock units at $74,251,622 on Thursday.
Trading averaged 165,467 shares at $956,054 compared to 105,478 stocks at $1,325,922 on Thursday and month to date, an average of 237,845 units at $1,918,847, slightly down from 242,467 shares at $1,980,324 on the previous day and April with an average of 1,417,136 stock units at $6,010,754.
Transjamaican Highway led trading with 4.26 million shares for 43.6 percent of total volume, followed by Sagicor Select Financial Fund which ended with 1.43 million stocks for 14.7 percent of the day’s trade, Wigton Energy closed with 1.13 million stock units for 11.5 percent of the volume traded and Sagicor Select Manufacturing & Distribution Fund with 1.06 million shares for 10.9 percent of market trade.
The All Jamaican Composite Index rose 19.55 points to finish at 367,407.81, the JSE Main Index sank 1,636.91 points to 318,273.51 and the JSE Financial Index dropped 1.01 points to finish at 66.62. At the close, the Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 12.5. 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 trading, Berger Paints dropped 59 cents to end at $7.01 with investors ending up trading 4,098 shares, Caribbean Cement sank 90 cents to $80 after a transfer of 25,270 stocks, with Eppley Caribbean Property Fund dropping $7.43 in closing at $38.01, with investors swapping 234 shares. First Rock Real Estate lost 90 cents to finish at $8.60 in an exchange of 2,123 stock units, Guardian Holdings declined $33 and ended at $327 with investors trading 7 units, Jamaica Broilers fell 87 cents to close at $28 with traders passing 6,641 stocks through the market. Jamaica Producers sank $1.42 to $22.08 in trading 108 shares, Massy Holdings skidded 58 cents to finish at $76.42 with 15,613 stock units crossing the market, Mayberry Group dipped 35 cents and ended at $7 with investors trading 559 units. Mayberry Jamaican Equities shed 59 cents to end at $9 with 499 stocks changing hands, MPC Caribbean Clean Energy lost $6.70 in closing at $57.30 with investors dealing in a mere one unit, NCB Financial fell $1 to close at $43 with 32,840 shares switching owners. 138 Student Living popped 38 cents to $3.68 with traders dealing in 2,079 stock units, Sagicor Real Estate Fund sank 35 cents to end at $8.60 in an exchange of 5,655 shares, Seprod skidded $1.45 in closing at $81.55 with 1,054 stock units clearing the market. Supreme Ventures sank 64 cents and ended at $19 with an exchange of 10,178 stock units, Sygnus Credit Investments shed 40 cents to finish at $12.10 with 6,228 units crossing the market, Sygnus Real Estate Finance declined 93 cents to close at $8.30 after an exchange of 2,418 stocks and Wisynco Group slipped 80 cents to $20.20 with a transfer of 16,108 units.
In the preference segment, Jamaica Public Service 9.5% dipped $35.82, in closing at $2,654.18 with a mere one share crossing the exchange.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.