Trading surged on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded rising 56 percent and the value 53 percent more than Tuesday, resulting from trading in 57 securities, down from 60 on Tuesday, with the prices of 26 rising, 18 declining and 13 ending unchanged.
The market closed with 14,979,388 shares trading for $133,414,112, climbing from 9,576,121 stock units at $87,077,760 on Tuesday.
Trading averaged 262,796 shares at $2,340,598 above the 159,602 stocks at $1,451,296 on Tuesday and month to date, an average of 234,871 stock units at $1,915,198 compared with 233,344 shares at $1,891,950 on the previous day and April with an average of 1,417,136 stock units at $6,010,754.
Sterling Investments led trading with 5.51 million shares for 36.8 percent of total volume, followed by Transjamaican Highway, with 3.07 million stocks for 20.5 percent of the day’s trade and Wigton Energy with 1.79 million stock units for 11.9 percent of the share of the market.
The All Jamaican Composite Index fell 391.55 points to 369,042.65, the JSE Main Index sank 569.44 points to settle at 320,945.23 and the JSE Financial Index slipped 0.48 points to 67.01. At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than the last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 13. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with their financial year ending on or around August 2025.
At the close of the market, Caribbean Cement gained 40 cents and ended at $81.40 with traders swapping 61,891 shares, Caribbean Producers rose 99 cents to $9 with 254,556 stocks clearing the market, GraceKennedy rallied $2.39 to close at $74.39 after closing with an exchange of 41,948 shares. Guardian Holdings skidded $1 in closing at $359 with investors trading 303 stock units, Kingston Properties increased 46 cents to finish at $10 after an exchange of 22,692 units, Mayberry Group climbed 57 cents to end at $7.28 as traders passed 664 stocks through the market. Mayberry Jamaican Equities popped 59 cents in closing at $9.59 with 1,200 shares crossing the exchange, MPC Caribbean Clean Energy lost $6.70 to $57.30 with traders dealing in 15 stock units,
NCB Financial advanced $1.50 to end at $43.50 as investors exchanged 804,656 units. Sagicor Group popped 50 cents to finish at $43 with a transfer of 7,076 shares, Scotia Group dipped 48 cents and ended at $55.50 with investors swapping 12,183 stocks, Seprod sank $1.50 to close at $83.50 after an exchange of 68,380 units and Stanley Motta advanced 87 cents to $6.88 with investors dealing in 1,803 stock units.
In the preference segment, Productive Business Solutions 10.5% rose $49 to end at $1,150 after the trading of 5 shares, Sygnus Credit Investments 10% slipped $1 in closing at $101 in an exchange of 500 stock units and Sygnus Credit Investments C10.5% climbed 50 cents to finish at $100.50 with investors trading a mere one stock.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.