Strong JSE Main Market performance


The Jamaica Stock Exchange Main Market gained 3,241 points, following trading in 60 securities changing hands, up from 59 on Monday, with prices of 33 rising, 15 declining and 12 ending unchanged. The volume of stocks traded declined marginally, with the value 54 percent higher than on Monday.

The market closed with 9,576,121 shares being traded with a value of $87,077,760, down slightly from 9,762,580 stocks with a value of $56,407,184 on Monday.
Trading averaged 159,602 shares at $1,451,296 in comparison with 165,467 stocks at $956,054 on Monday and for the month to date, an average of 233,344 stock units valued at $1,891,950 in line with the 237,845 shares at $1,918,847 on the previous day and well below April with an average of 1,417,136 stock units at $6,010,754.
Sterling Investments led trading with 2.71 million shares for 28.3 percent of the total volume, followed by Transjamaican Highway, with 1.99 million stocks for 20.8 percent of the day’s trade and Sagicor Select Financial Fund with 1.14 million stock units for 11.9 percent of the day’s trade.
The All Jamaican Composite Index advanced 2,026.39 points to close at 369,434.20, the JSE Main Index rose 3,241.16 points to close trading at 321,514.67 and the JSE Financial Index popped 0.87 points to conclude trading at 67.49. At the close, the Investor’s Choice bid-offer indicator shows seven stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 12.9. The JSE Main and the 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 trading, Berger Paints rallied by 39 cents to close at $7.40 with trading in 3,089 shares, Caribbean Cement popped $1 to $81 after an exchange of 30,868 units, Caribbean Producers shed 44 cents and ended at $8.01 with investors dealing in 37,898 stocks. Eppley Caribbean Property Fund gained $7.89 in closing at $45.90 with 1,698 shares switching ownership, First Rock Real Estate rose 58 cents to end at $9.18 after a transfer of 40 stock units, Guardian Holdings climbed $33 to finish at $360 as 6 shares crossed the market. Jamaica Producers climbed $2.07 to $24.15 after an exchange of 300,000 stock units, JMMB Group advanced $1.89 to end at $21.89 as 303,490 units crossed the market, Massy Holdings popped 58 cents in closing at $77 in an exchange of 1,222 stocks. MPC Caribbean Clean Energy jumped $6.70 and ended at $64 with traders dealing in 304 shares, NCB Financial dropped $1 to finish at $42 with 331,874 stocks crossing the exchange, Sagicor Group lost 50 cents to close at $42.50 with investors trading 8,190 units. Seprod climbed $3.45 to $85 with traders exchanging 46,054 stock units, Stanley Motta declined 69 cents to close at $6.01 with 1,003 shares changing hands, Supreme Ventures rose 45 cents and ended at $19.45 in swapping 33,427 units. Sygnus Credit Investments rallied 40 cents in closing at $12.50, with trading in  4,804 stocks, Sygnus Real Estate Finance advanced 70 cents to end at $9 with investors exchanging 1,187 stock units and Wisynco Group gained 80 cents to finish at $21, with 47,246 shares clearing the market.
In the preference segment, Jamaica Public Service 7% dropped $8.37 and ended at $36 in exchange for a mere one stock unit and Sygnus Credit Investments C10.5% slipped 50 cents to $100 as traders swapped 3,203 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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