Steady trading for JSE Main Market


Trading was steady on the Jamaica Stock Exchange Main Market on Wednesday, with Wigton Energy capturing 42 percent of a 31 percent reduced traded volume of stocks trading on Tuesday, with little change in the value. At the end of trading, 59 securities crossed the market, down from 61 on Monday, with an equal number of 21 stocks rising and falling and 17 ending unchanged.

The market closed with 10,196,021 shares trading for $61,375,187 compared with 14,777,464 stock units at $61,524,284 on Monday.
Trading averaged 172,814 shares at $1,040,257 fairly close to 242,254 stocks at $1,008,595 on Monday and month to date, an average of 786,725 stock units at $28,750,548 down from 847,703 shares with a value of $31,502,916 previously and more than in February with an average of 405,332 stock units at just $1,953,730.
Wigton Energy led trading with 4.27 million shares for 41.9 percent of total volume followed by Transjamaican Highway with 2.38 million stock units for 23.4 percent of the day’s trade and Innovative Energy with 622,149 stocks for 6.1 percent of the volume traded.
The All Jamaican Composite Index rallied a mere 17.58 points to settle at 375,839.23, the JSE Main Index fell 329.67 points to 324,797.60 and the JSE Financial Index dipped 0.46 points to 67.09. The Investor’s Choice bid-offer indicator shows 11 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 15. The JSE Main and 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, AS Bryden gained 95 cents to finish at $28.95 with 32 units crossing the market, Berger Paints skidded 80 cents and ended at $7.15 with an exchange of just 54 stocks, Eppley Caribbean Property Fund popped 85 cents to $35.73 after a mere 3 shares were traded, Guardian Holdings fell $12 to close at $291 with just 149 stocks being traded, Jamaica Broilers dipped $1.69 to end trading at $35.30 with investors swapping 12,331 shares, Kingston Wharves advanced 50 cents to close at $28 with 10,199 stocks crossing the exchange. Margaritaville rose 52 cents to $15.25 with investors trading 329 units, Massy Holdings lost $2.19 to close at $79.31 with 183,055 stock units crossing the market, Mayberry Jamaican Equities climbed 58 cents to end at $10 as investors exchanged 607 shares. NCB Financial slipped 55 cents to close at a 52 weeks’ low of $44.45 in trading 65,397 stock units, Pan Jamaica sank $1.25 and ended at $50 after a transfer of 101,000 stocks, Proven Investments shed $1.49 to finish at $17.23 trading 18,342 units. Sagicor Real Estate Fund increased 40 cents and ended at $8.40 with 608 shares switching owners, Scotia Group declined 50 cents to $57 after an exchange of 238,889 stock units and Stanley Motta rallied 45 cents in closing at $6.85 with 500 units changing hands.

In the preference segment, Jamaica Public Service 9.5% rose $40 to close at $2,690 in an exchange of just 1 stock, 138 Student Living preferred share gained $3.98 to finish at $311.98 with traders dealing in 39 shares and Sygnus Credit Investments C10.5% popped $1.99 to end at $101.99 in an exchange of 1,001 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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