The Jamaica Stock Exchange Main Market lost ground on Monday, as the volume of stocks traded declined 20 percent and the value dived 47 percent from Friday, following trading in 59 securities compared with 55 on Friday, leading to prices of 22 rising, 26 declining and 11 ending unchanged.
The market closed with trading of 10,127,598 shares for $54,364,045, falling from 12,681,799 stock units at $103,301,856 on Friday.
Trading averaged 171,654 shares at $921,424, a fall from 230,578 stocks at $1,878,216 on Friday. Trading for the month to date closed with an average of 230,674 units at $1,347,570 compared with 237,449 shares at $1,396,485 on the prior day and June with an average of 183,242 stock units at $1,532,211.
Transjamaican Highway led trading with 2.80 million shares for 27.6 percent of total volume followed by JMMB Group 10% which ended with 1.57 million stocks for 15.5 percent of the day’s trade, Sagicor Select Manufacturing & Distribution Fund closed with 1.46 million stock units for 14.5 percent of the volume traded, Wigton Energy with 1.29 million shares for 12.7 percent of the volume traded and Pulse Investments ended with 1.20 million stocks for 11.9 percent of market trade.
The All Jamaican Composite Index skidded 124.69 points to end at 352,851.24, the JSE Main Index lost 572.60 points to close at 305,698.81 and the JSE Financial Index rose 0.10 points to close at 62.79. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.3. 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, Caribbean Cement advanced $1.09 to $84.59 after investors transferred 164,454 shares, JMMB Group slipped 53 cents to a 52 week low of $18.75 as traders exchanged 33,507 stocks, Key Insurance sank 38 cents to close at $2.24 in an exchange of 22 shares. Lasco Distributors popped 40 cents to finish at $3.82 with 3,937 stock units clearing the market, Margaritaville shed $2.54 in closing at $10.22 with traders switching ownership of 266 units, Massy Holdings lost $1.09 to end at $75.90, with trading of 4,786 shares. NCB Financial increased $1 to $35 with investors exchanging 243,221 units, Pan Jamaica climbed $1.51 to finish at $51.28 with 21,874 stocks crossing the market, Proven Investments skidded 42 cents and ended at $17.07 in an exchange of 684 stock units. Sagicor Group rose $1.25 in closing at $40.95 with investors trading 7,622 shares, Seprod gained 95 cents to close at $79.45 after an exchange of 6,208 units, Sygnus Real Estate Finance sank 80 cents to end at $7.25 with investors trading 133 stocks and Wisynco Group dipped 70 cents to $19.30 after an exchange of 12,018 stock units.
In the preference segment, 138 Student Living preference share fell $5.99 and ended at $215 with investors dealing in a mere one share, Productive Business Solutions 10.5% rallied $80 in closing at $1,120 with 6 units crossing the market and Sygnus Credit Investments C10.5% declined $1.50 to end at $108.50 as investors exchanged 11,541 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 12,681,799 shares traded worth $103,301,856, after jumping from 5,814,614 stock units at $81,101,642 on Thursday.
Main Market trading ended with an average PE Ratio of 13.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings projected by ICInsider.com, for financial years ending and or around August 2025.
NCB Financial lost $1 to close at a 52 week closing low of $34 closing with 1,783,475 shares, Seprod slipped 50 cents to end at $78.50 with 400 stock units crossing the exchange, Stanley Motta increased $1.05 to finish at $6.30 in trading 10,820 stock units. Sygnus Credit Investments gained 35 cents to $12.50 with investors trading 515,525 stocks and Wisynco Group sank $1 in closing at $20 with investors swapping 17,392 shares.
The market closed with 5,814,614 shares trading for $81,101,642, a slight drop from 5,929,915 stocks for $87,528,704 on Wednesday.
The Main Market ended trading with an average PE Ratio of 13.5. 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.
Sagicor Group sank 95 cents in closing at $40 with a transfer of 3,594 units, Seprod dropped $2 to end at $79 as 10,756 stock units crossed the market and Supreme Ventures gained 70 cents to finish at $20.30 with traders switching ownership of 8,358 shares.
The market closed with an exchange of 75,771 shares for US$43,620, falling from 90,425 stocks at US$17,687 on Tuesday.
The market closed with 5,929,915 shares trading for $87,528,704, from 8,955,994 stock units at $45,557,853 on Tuesday.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year, ending around August 2025.
Proven Investments rallied 60 cents in closing at $17.69 with 20,424 units crossing the market, Sagicor Group rose $1.44 to $40.95 as investors exchanged 4,072 stocks, Seprod dipped 63 cents to close at $81 in trading 1,853 stock units. Stanley Motta lost 80 cents to end at $5.25 with 819 shares crossing the market and Sygnus Credit Investments slipped 70 cents and ended at $12.15 with investors trading 39,410 stock units.
The market closed with 8,955,994 shares trading worth $45,557,853 compared with 34,385,915 stock units at $105,788,980 on Monday.
The Main Market ended trading with an average PE Ratio of 13.4. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year, ending around August 2025.
The market closed with an exchange of 90,425 shares for US$17,687, up from 75,504 stocks at US$8,352 on Monday.
Trading averaged 9,043 shares at US$1,769 compared to 10,786 stocks at US$1,193 on Monday, with a month to date average of 30,429 units at US$1,920, down from 35,645 stocks at US$1,957 on the previous day and June that ended with an average of 591,343 units for US$19,218.
The US Denominated Equities Index slipped 1.25 points to end at 203.69. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and none with a lower offer.
The PE Ratio, one of the most frequently used measures to determine appropriate stock values, averages 10.1. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
At the close, First Rock Real Estate USD share shed 0.25 of one cent to finish at 1.7 US cents after an exchange of 459 shares, Margaritaville climbed 1.06 cents to 7.99 US cents, with 186 units crossing the market, Productive Business Solutions increased 1 cent to close at US$1.19 with traders dealing in 25 shares. Proven Investments popped 0.15 of one cent and ended at 10.4 US cents after closing with an exchange of 2,730 stocks,
The market closed with trading of 34,385,915 shares at $105,788,980 compared to 18,537,937 stock units at $93,974,345 on Friday.
At the close, Eppley advanced $5.38 to close at $32.34 after investors exchanged 306 shares, as Eppley Caribbean Property Fund skidded 47 cents to $41.50, with 14 units crossing the market, GraceKennedy popped 50 cents and ended at $71 with investors trading 6,073 shares. Guardian Holdings sank $10 in closing at $310 in an exchange of 617 stocks, Jamaica Broilers shed 84 cents to end at $25 with traders dealing in 2,776 stocks, JMMB Group declined 49 cents to finish at $19.31, with 22,309 shares passing through the market. Margaritaville lost 78 cents to end at $12.50 with investors swapping 5 stock units, NCB Financial dropped $2.45 to end at 52 week low of $38.50 after 912,847 shares passed through the market, Pan Jamaica sank 98 cents in closing at $50.50 with a transfer of 6,970 units. Sagicor Group dropped 70 cents to close at $40.29 after an exchange of 2,156 shares,
The All Jamaican Composite Index jumped 2,479.15 points to end at 360,786.78, the JSE Main Index climbed 2,138.17 points to close at 312,991.30 and the JSE Financial Index rose 0.41 points to 64.47.
Wigton Energy, with 3.57 million stock units for 19.3 percent of the day’s trade and 138 Student Living closed with 2.07 million units for 11.2 percent of the day’s market share. The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings that are projected by ICInsider.com for the listed companies with financial year ending around August 2025.
Pan Jamaica increased 78 cents to $51.48 after a transfer of 30 units, Stanley Motta advanced by 55 cents to finish at $6.60 and closed after 34,661 stocks changed hands. Supreme Ventures slipped 38 cents and ended at $19.30, with 28,229 shares crossing the market and Sygnus Credit Investments popped 35 cents to close at $12.90 in trading 357 stock units.
The market closed with an exchange of 255,956 shares for US$19,600 compared to 525,864 stocks at US$12,652 on Thursday.