Stocks mostly fell on the JSE Main Market

Trading value plunged 76 percent on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded declining 22 percent compared to Wednesday, with trading in 56 securities up from 53 on Wednesday, with prices of 18 stocks rising, 28 declining and 10 ending unchanged.
The market closed with trading of 5,174,773 shares for $30,198,962 compared with 6,653,491 units at $126,514,825 on Wednesday.
Trading averaged 92,407 shares at $539,267 compared with 125,538 stocks at $2,387,072 on Wednesday and month to date, an average of 209,935 stock units at $3,132,693 compared with 224,058 shares at $3,444,349 on the previous day and August with an average of 290,511 units at $2,258,494.
Transjamaican Highway led trading with 1.76 million shares for 34 percent of total volume followed by Wigton Windfarm with 976,521 units for 18.9 percent of the day’s trade and Sagicor Select Financial Fund with 493,046 stock units for 9.5 percent market share.
The All Jamaican Composite Index advanced 723.01 points to end trading at 349,126.03, the JSE Main Index skidded 1,078.81 points to close at 308,225.55 and the JSE Financial Index rallied 0.39 points to 64.37.
The Main Market ended trading with an average PE Ratio of 14. 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.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and seven with lower offers.
At the close of the market, Caribbean Cement sank 61 cents in closing at $63.99 after trading 20,758 units, Eppley advanced 48 cents to $37.47 with investors dealing in 90 stocks, Eppley Caribbean Property Fund fell 40 cents to close at $39.60 with a transfer of 2,165 shares. Guardian Holdings shed $19.25 and ended at $320 with investors swapping 25 stock units, Jamaica Producers sank 70 cents to finish at $20.60 with 4,530 shares crossing the exchange, Massy Holdings dipped $4.01 to end at $76 with investors trading 34,536 stock units. Mayberry Jamaican Equities lost 99 cents in closing at $9.16 with an exchange of 76,520 units, NCB Financial declined 75 cents to $51.25 after 61,896 stocks passed through the market, Scotia Group popped $2.05 and ended at $43.80 in an exchange of 17,551 units and Wisynco Group increased 43 cents to finish at $21.45 after 179,989 stocks changed hands.
In the preference segment, Jamaica Public Service 9.5% climbed $1 to end at $2700 after a transfer of 1 share and Sygnus Credit Investments C10.5% skidded $3.11 to close at $101.39 with traders dealing in 500 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.