Trading activity on the Jamaica Stock Exchange Main Market ended on Monday, with the market indices rising meaningfully following a solid 71 percent rise in the volume of stocks traded after six companies traded more than 1 million shares led to a 362 percent jump in value compared to that on Friday, following trading in 58 securities, similar to that on the previous trading day, resulting in prices of 19 stocks rising, 25 declining and 14 ending unchanged after Transjamaican Highway traded at another record high and Sagicor Group hit a new 52 weeks’ low.
The market closed with 24,637,211 shares trading for $361,770,151 up robustly from 14,408,912 stock units at $78,350,856 on Friday. Trading ended with an average of 424,780 shares at $6,237,416 in comparison to 248,430 stocks at $1,350,877 on Friday and for the month to date, an average of 250,640 stock units at $2,424,323 up from 235,029 shares at $2,082,500 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy was the leading traded stock with 6.22 million shares for 25.2 percent of total volume followed by Sagicor Group with 5.48 million stock units for 22.3 percent of the day’s trade, Transjamaican Highway ended with 5.16 million stock units for 20.9 percent market share, Wisynco Group chipped in with 4.03 million stock units for 16.4 percent of traded shares and Carreras with 1.17 million units for 4.7 percent of total volume.
For a third consecutive day, the Main Market two major indices rose, with the All Jamaican Composite Index advancing 1,489.75 points to end at 362,505.92, the JSE Main Index climbed 1,016.57 points to close at 314,506.05 and the JSE Financial Index advanced 0.17 points to conclude trading at 64.88. The Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.8. The JSE Main and USD Market PE ratios are based on last traded prices and earnings that are computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Barita Investments rallied 50 cents to end at $73.50 with investors trading 2,354 shares, Berger Paints popped 99 cents to close at $7.99 with just 642 stocks passing through the market, Caribbean Cement rallied 50 cents to $72.50 after a transfer of 15,814 shares. First Rock Real Estate lost 50 cents to end at $10 with 726 units crossing the exchange, Guardian Holdings rose $12.79 and ended at $310 with 64 shares changing hands, Jamaica Broilers gained $3.28 to finish at $38.88 with 194,027 stock units passing through the market. Massy Holdings skidded 75 cents and ended at $74 with 13,440 stocks crossing the exchange,
MPC Caribbean Clean Energy sank $2.94 to $72.06 with investors dealing in 243 units, Sagicor Group declined $2.70 to end at a 52 weeks’ low of $36.55 after an exchange of 5,481,963 stock units. Scotia Group increased $1.97 to $48.97 with a mere 8,738 units crossing the market, Seprod climbed 79 cents to finish at $84.79 with traders dealing in 2,782 shares, Supreme Ventures fell 88 cents to $21.50 after a transfer of 18,473 stock units and Transjamaican Highway ended with trading of 5.16 million stock units with a rise of 11 cents to a record close of $4.20 after trading a an intraday record high or $4.49.
In the preference segment, Jamaica Public Service 7% dipped $1.50 to $42 with 240 shares having been traded, 138 Student Living preference shares sank $41.72 to $236.42 after an exchange of 14 stock units and Productive Business Solutions 10.5% preference share rose $45.50 and ended at $1,060.50 with investors trading 301 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.