Stocks surged on the JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 4 percent and the value surging 157 percent over that on Monday, with NCB Financial accounting for $478 million of the total value, following activities in 64 securities compared with 63 on Monday, with prices of 28 rising, 16 declining and 20 ending unchanged.
The market closed with 20,801,626 shares being traded at $546,832,127 compared with 21,633,014 stocks at $212,763,504 on Monday.
Trading averaged 325,025 shares at $8,544,252 compared to 343,381 stocks at $3,377,198 on Monday and for the month to date, an average of 176,921 stocks at $1,930,127 up from 168,427 shares at $1,550,822 on the previous day and September with an average of 592,167 stock units at $8,859,784.
NCB Financial led trading with 9.26 million shares for 44.5 percent of total volume followed by Sagicor Select Financial Fund with 2.79 million stocks for 13.4 percent of the day’s trade, Wigton Windfarm with 1.30 million units for 6.3 percent market share. Radio Jamaica contributed 1.23 million shares for 5.9 percent market share and Transjamaican Highway with 1.11 million units for 5.3 percent of total volume.
The All Jamaican Composite Index climbed 3,524.53 points to end trading at 362,296.70, the JSE Main Index increased 3,581.63 points to conclude trading at 314,429.19 and the JSE Financial Index popped 0.74 points to end the day at 65.91. The Investor’s Choice bid-offer indicator shows eight stocks ended with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 14.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasted by the ICInsider.com for companies with the financial year ending around August 2025.
At the close, Barita Investments fell 97 cents to $75 with investors swapping 1,739 stock units, Caribbean Cement rallied $1.98 to finish at $72 with an exchange of 8,001 shares, Guardian Holdings dipped $1 and ended at $314 with 146 stocks crossing the market. Jamaica Producers popped $1.70 to close at $21.95 with investors dealing in 68,937 units, Jamaica Stock Exchange climbed 70 cents to end at $10.90 in switching ownership of 305,566 stocks, Kingston Wharves increased $1.24 in closing at $27.85 with traders dealing in 41,198 units. Massy Holdings advanced $4 to $77 after an exchange of 618 shares, Mayberry Group rose 78 cents in closing at $8.25 after 89,027 stock units passed through the market, Mayberry Jamaican Equities gained $1.14 and ended at $10.14 in an exchange of 40,470 shares. MPC Caribbean Clean Energy popped $1.50 to end at $76.50 with a mere one stock crossing the market, NCB Financial sank $1.14 to finish at $51.61 with a transfer of 9,260,670 units, Pan Jamaica gained $1.70 to close at $49 as investors exchanged 221,766 stock units. Proven Investments rose $1.75 to $18.75 with 502,035 shares changing hands and Supreme Ventures popped 40 cents to close at $21.90 with investors trading 50,111 stock units.

In the preference segment, Jamaica Public Service 7% skidded 98 cents to finish at $45 with 35 stocks changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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