Stocks mostly dropped as trading pulled back sharply on the Jamaica Stock Exchange Main Market on Tuesday, with a 37 percent fall in the volume, valued 77 percent less than Monday resulting in an exchange of 60 securities up from 58 on Monday, with prices of just 10 rising, 34 declining and 16 ending unchanged, with the market indices plunging from the pressure of falling prices.
The market closed with 22,477,080 shares being traded for $98,411,558, down from 35,403,032 stock units at $428,792,197 on Monday.
Trading averaged 374,618 shares at $1,640,193, well below the 610,397 stocks for $7,392,969 on Monday and compared to March, with an average of 896,190 stock units at $20,804,277.
Fresh from the closure of the public share issue initiated by NROCC on behalf of Jamaica’s Government, Transjamaican Highway led trading with 15.83 million shares for 70.4 percent of total volume followed by Radio Jamaica that ended with 2.37 million stocks for 10.5 percent of the day’s trade, Sagicor Select Financial Fund closed with 1.31 million stock units for 5.8 percent of the volume traded and Wigton Energy with 1.20 million shares for 5.3 percent of market share.
The All Jamaican Composite Index sank 4,984.16 points to end at 378,196.07, the JSE Main Index sank 3,402.63 points to 326,701.66 and the JSE Financial Index lost 0.36 points to conclude trading at 68.40. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.7. 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 of the market, Berger Paints fell $1.15 to finish at $7.15 with 758 shares clearing the market, Caribbean Cement sank 85 cents and ended at $83 in an exchange of 12,107 units, First Rock Real Estate rallied 39 cents to $9.99 with traders dealing in 604 shares. GraceKennedy dipped 35 cents in closing at $72.65 with 8,267 stock units being traded, Jamaica Broilers sank $2 to close at $28 with investors trading 246,623 stocks, Jamaica Producers declined 70 cents to end at $25.50 with 1,495 shares crossing the market. JMMB Group shed $1.69 in closing at $21 with trading in 24,763 stock units, Kingston Wharves dropped $1.10 to $27.90 with 173,141 stocks crossing the exchange, Lasco Manufacturing lost 78 cents to end at $7.02 with a transfer of 8,132 units. Massy Holdings skidded $1 to finish at $80 with investors swapping 3,309 shares, Mayberry Jamaican Equities slipped $2 and ended at $9.99 with 500 stock units changing hands, Proven Investments sank $1.95 to close at $17 in trading 14,697 units. Sagicor Group increased $1 to $44 with an exchange of 36,468 stocks, Scotia Group skidded 50 cents to end at $54 with 44,636 shares crossing the market, Seprod climbed 40 cents to close at $89.90 with investors trading 68 stock units. Supreme Ventures sank $2.98 and ended at $20.50 after a transfer of 27,207 stocks, Sygnus Real Estate Finance lost $1.42 to finish at $8.07 with investors dealing in 200 units and Wisynco Group shed 38 cents to close at $21.92 in an exchange of 18,113 stocks.
In the preference segment, Eppley 7.75% preference share dropped $2.45 to $18.05 with 952 units passing through the market, Jamaica Public Service 7% fell $5 to end at $40 after an exchange of 100 shares, 138 Student Living preference share slipped $33 in closing at $200 after an exchange of 28 stock units and Sygnus Credit Investments C10.5% declined $6.05 and ended at $91 as investors exchanged 1,000 shares.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 35,403,032 shares trading for $428,792,197, down from 211,546,624 stock units at $4,258,930,941 on Friday.
The Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and none with a lower offer.
The market closed with trading of 211,546,624 shares for $4,258,930,941, up from 197,123,972 stock units at $470,952,289 on Thursday.
The All Jamaican Composite Index popped 1,461.32 points to conclude trading at 378,006.39; at the same time, the JSE Main Index climbed 1,254.58 points to close at 325,739.24 and the JSE Financial Index rallied 0.62 points to end trading at 68.07.
The market closed with trading of 820,603 shares for $6,335,662, up from just 339,143 stock units at $5,290,186 on Thursday.
Ansa McAl ended at $50 with a transfer of 5,353 units, CIBC Caribbean Bank shed 31 cents to close at $8.19 with investors swapping 1,800 shares. Endeavour Holdings ended at $18 in switching ownership of 50 stock units, First Citizens Group ended at $42.12 with 821 shares being traded, Guardian Holdings shed 2 cents to finish at $14.85 in trading 885 units. Guardian Media ended at 96 cents with 21 stocks clearing the market, JMMB Group advanced 2 cents to close at $1.22 in an exchange of 510 stock units, L.J. Williams B share popped 9 cents and ended at 90 cents with 1,000 shares crossing the market. Massy Holdings remained at $3.90 after an exchange of 521,273 stocks, National Enterprises slipped 1 cent to end at $2.65 after the trading of 500 units, One Caribbean Media remained at $2.97 with an exchange of 505 stock units.
The market closed with 197,123,972 shares being traded with a value of $470,952,289, markedly more than the 29,612,887 stocks with a value of $125,457,922 on Wednesday.
The Main Market ended trading with an average PE Ratio of 15.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings per share forecasts by ICInsider.com for companies with the financial year ending around August 2025.
The market closed with trading of 339,143 shares for $5,290,186 up from 231,844 stocks at $5,567,697 on Wednesday.
Ansa McAl ended at $50 in an exchange of 41,706 shares, Calypso Investment Fund jumped $1.59 and ended at $25 with investors swapping 13 stocks. First Citizens Group climbed 52 cents to end at $42.12 with 16,936 stock units crossing the exchange, GraceKennedy gained 4 cents in closing at $3.69 after a transfer of 26,731 stocks, Guardian Holdings remained at $14.87 with investors trading 735 units. Guardian Media fell 4 cents and closed at a 52 weeks’ low of 96 cents after 346 shares changed hands, JMMB Group rallied 9 cents to close at $1.20 in trading 5 stock units, L.J. Williams B share ended at 81 cents with investors dealing in 561 shares. Massy Holdings popped 4 cents in closing at $3.90 in an exchange of 217,615 stocks, National Enterprises remained at $2.66 with traders dealing in 9,263 units, National Flour Mills advanced 9 cents and ended at $1.70 after an exchange of 255 stock units. Point Lisas gained 22 cents to close at a 52 weeks’ high of $3.50 with 4,094 shares crossing the market,
The market closed after an exchange of 29,612,887 shares valued at $125,457,922, doubling the 14,713,604 stock units at $82,057,557 on Tuesday.
The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
The market closed with trading of 231,844 shares valued $5,567,697 compared to 296,235 stock units at $2,387,488 on Tuesday.
Ansa McAl remained at $50 with 77,718 shares crossing the market. CIBC Caribbean Bank rose 37 cents to end at $8.50 with traders dealing in 43,166 stock units, First Citizens Group rallied 1 cent to finish at $41.60 with an exchange of 10,296 shares, GraceKennedy increased 15 cents and ended at $3.65 after a transfer of 10,000 stock units. Guardian Holdings remained at $14.87 and closed with 1,410 stocks changing hands, Guardian Media ended at $1 after 178 stock units passed through the market, JMMB Group rose 3 cents to finish at $1.11 after an exchange of 19 shares. Massy Holdings ended at $3.86 with a transfer of 5,027 stocks, National Enterprises popped 1 cent to close at $2.66 with investors swapping 1,943 units, National Flour Mills remained at $1.61 with an exchange of 31,000 stock units. NCB Financial fell 1 cent to end at a 52 weeks’ low of $2.34 with 1,000 shares clearing the market, One Caribbean Media advanced 7 cents to close at $2.97 with investors trading 6,907 stocks,
e market closed with 14,713,604 shares trading for $82,057,557, down from 21,696,953 stock units at $113,302,776 on Monday.
The Main Market ended trading with an average PE Ratio of 14.9. 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.
The market closed with trading of 296,235 shares for $2,387,488 up from 130,830 stocks at $1,229,998 on Monday.
Ansa McAl shed $4 to finish at $50 with 191 stocks crossing the exchange. Ansa Merchant Bank rose $1 and ended at $41 with traders dealing in 500 stock units, Calypso Macro Investment Fund lost $1.59 to end at $23.41 in switching ownership of 368 stocks, CIBC Caribbean Bank climbed 3 cents to close at $8.13 with investors trading 44 shares. First Citizens Group increased 4 cents to $41.59 in an exchange of 3,829 units, GraceKennedy ended at $3.50 with investors trading 10,399 stock units, Guardian Media remained at $1 with just one share changing hands. JMMB Group dipped 3 cents to finish at $1.08 with investors swapping 8,320 stocks, Massy Holdings slipped 4 cents and ended at $3.86 after 52,782 units passed through the market, National Enterprises dipped 1 cent to close at $2.65 as investors exchanged 45,839 stock units.