Trading delivered a 49 percent surge in the volume of stocks traded on Wednesday with a mere 6 percent higher value than on Tuesday, with JPS 9.5% preferred shares accounting for 45 percent of the value traded on the Jamaica Stock Exchange Main Market, following activities in 63 securities down from 64 on Tuesday, with prices of 19 rising, 27 declining and 17 ending unchanged.
The market closed with trading of 31,085,446 shares with a value of 577,400,450 compared to 20,801,626 stocks at $546,832,127 on Tuesday.
Trading ended with an average of 493,420 shares at $9,165,087 up from 325,025 stocks at $8,544,252 on Tuesday and for the month to date, an average of 192,962 units at $2,296,822 from 176,921 shares at $1,930,127 on the previous day and well below September with an average of 592,167 stock units at $8,859,784 each.
Sagicor Select Financial Fund led trading with 11.31 million shares for 36.4 percent of total volume followed by Wigton Windfarm with 3.41 million stocks for 11 percent of the day’s trade, Kingston Wharves closed with 2.59 million units for 8.3 percent market share, Transjamaican Highway ended with 2.55 million shares for 8.2 percent market share, Jamaica Producers finished with 2.41 million stock units for 7.7 percent market share and Sterling Investments with 1.91 million units for 6.2 percent of total volume.The All Jamaican Composite Index dropped 1,773.41 points to wrap up trading at 360,523.29, the JSE Main Index sank 1,652.50 points to end at 312,776.69 and the JSE Financial Index slipped 0.52 points to finish at 65.39. The Investor’s Choice bid-offer indicator shows 15 stocks ended with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 14.3. 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, Barita Investments advanced 95 cents to finish at $75.95 after 5,124 shares passed through the market, Caribbean Cement rose 48 cents and ended at $72.48 after an exchange of 13,659 stocks, Eppley shed $4.44 to $33 after trading 143 shares. General Accident sank 79 cents to end at $6 with 2,132 stock units crossing the exchange,
GraceKennedy skidded 65 cents in closing at $73.30 with 225,867 shares changing hands, Guardian Holdings sank $9 to close at $305 with investors trading 710 units. Jamaica Broilers declined $1.99 to $35 with 930,147 stocks clearing the market, Kingston Wharves lost $2.35 to finish at $25.50 in an exchange of 2,591,500 stock units, Massy Holdings dropped $3 and ended at $74 with investors swapping 6,046 shares. 138 Student Living gained 55 cents to end at $4.55 with an exchange of 40,031 stock units, Pan Jamaica popped 50 cents in closing at $49.50 with 450,465 stock units crossing the market, Proven Investments rallied $1.25 to close at $20 as investors exchanged 52,132 units and Scotia Group fell 50 cents to $45 and closed with an exchange of 589,834 shares.
In the preference segment, Eppley 7.25% preference share increased 60 cents to close at $19.60 with investors dealing in 350,000 units, Jamaica Public Service 7% slipped $4.89 in closing at $40.11 after an exchange of 12 stocks and 138 Student Living preference share climbed $12.26 and ended at $212 with a transfer of 201 stock units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
In the preference segment, Jamaica Public Service 9.5% sank $210 to $2690 after an exchange of 1,133 shares and Sygnus Credit Investments C10.5% increased 40 cents in closing at $105 with investors dealing in 39 stock units.
The market closed with
The All Jamaican Composite Index sank 618.05 points to settle at 357,496.90, the JSE Main Index lost 1,151.31 points to close at 311,890.12 and the JSE Financial Index popped 0.21 points to end at 65.41.
Jamaica Broilers sank $1.63 in closing at $35.50 with traders dealing in 513,394 stocks, JMMB Group slipped 64 cents to $21.66 after 49,090 units passed through the market, Kingston Wharves sank $1.22 to finish at $25.83 with investors dealing in 885 stocks. Massy Holdings advanced $4 and ended at $78 after 318,735 stock units were exchanged, MPC Caribbean Clean Energy dipped $12.99 to end at $75 with investors trading 30 shares, NCB Financial popped 62 cents to close at $53.16 in an exchange of 19,190 stock units. Pan Jamaica rallied $1.96 to $48.96 with 5,471 shares clearing the market, Sagicor Group fell $1.51 in closing at $37.54 as investors exchanged 8,085 stock units, Sagicor Real Estate Fund skidded 41 cents and ended at $7.53 with a transfer of 16,320 stocks. Scotia Group gained $1.20 to finish at $45.20 with investors swapping 313,527 units, Sygnus Real Estate Finance lost 76 cents to close at $10.02 after a transfer of 649 shares and Wisynco Group shed 83 cents to end at $20.61 with 24,471 stocks changing hands.
In the preference segment, Jamaica Public Service 7% climbed $2 to $46 after an exchange of just 4 units and 138 Student Living preference share popped $12.98 to finish at $199.74 with investors trading 20 stock units.
The market closed with 6,034,933 shares trading valued $30,473,110 compared to 11,475,735 stocks at $77,364,981 on Monday.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed after trading 11,475,735 shares with a value of $77,364,981 compared with 5,075,111 units at $49,246,082 on Friday.
The Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and four with lower offers.