The Jamaica Stock Exchange Main Market closed on Wednesday, with the volume of stocks traded rising by 37 percent, valued 47 percent less than on Tuesday. Similar to Tuesday, the market ended with trading in 54 securities, with prices of 17 rising, 24 declining and 13 ending unchanged.
The market closed with 11,890,305 shares trading valued $79,422,000 compared to 8,675,194 stock units at $149,588,060 on Tuesday.
Trading averaged 220,191 shares at $1,470,778 compared to 160,652 stocks at $2,770,149 on Tuesday and month to date, an average of 146,822 units at $1,307,866 in line with 142,712 shares at $1,298,740 on the previous day and May with an average of 245,284 stock units at $2,050,773.
Wigton Energy led trading with 2.76 million shares for 23.2 percent of total volume followed by Transjamaican Highway, with 2.14 million stock units for 18 percent of the day’s trade, JMMB Group closed with 1.57 million stocks for 13.2 percent of the volume traded and JMMB 9.5% with 1.28 million units for 10.7 percent of market share.
The All Jamaican Composite Index slipped 1,440.90 points to settle at 356,769.48, the JSE Main Index lost 1,119.63 points to settle at 309,555.28 and the JSE Financial Index climbed 0.07 points to finish at 64.42. At the close, the Investor’s Choice bid-offer indicator shows 16 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 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, Caribbean Producers slipped by one cent in closing at $8.47 after closing with an exchange of 12,626 shares, with the price trading at an 52 week intraday low of $7.20, GraceKennedy popped 90 cents in closing at $73 with traders dealing in 15,156 shares, Guardian Holdings advanced $1 to $318 and closed after an exchange of 567 stocks, Jamaica Broilers rose 50 cents and ended at $24.50, with 881 units crossing the market. Jamaica Stock Exchange rallied 97 cents to finish at $12.88 in an exchange of 12,859 shares, Massy Holdings increased 50 cents to end at $77.50 with investors swapping 18,760 stock units, MPC Caribbean Clean Energy slipped $1.77 to close at $62.75 with an exchange of just one share.
NCB Financial lost $2 to close at $40.60, with 110,184 units crossing the market. Sagicor Group declined $1.50 and ended at $40 in trading 1,162 stocks, Sagicor Real Estate Fund fell $1.05 in closing at $7.15 after an exchange of 401 stock units. Seprod sank $1.45 to finish at $77.50 with a transfer of 27,115 shares, Sterling Investments climbed 61 cents to close at $3.46 with investors dealing in 2,989 stock units and Wisynco Group dropped $1.55 to end at $18.95 in an exchange of 50,577 units.
In the preference segment, Jamaica Public Service 7% sank $1.99 to $36.01, with 129 stocks changing hands and 138 Student Living preference share dipped $34.24 to end at $190 after a transfer of 109 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with 5,906,767 shares trading for $74,251,622, down from 9,854,027 stock units at $97,063,679 on Wednesday.
The Main Market ended trading with an average PE Ratio of 12.8. 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.
The market closed with an exchange of 197,380 shares for US$50,568, down from 2,301,473 stock units at US$61,640 on Wednesday.
At the close of the market, the JSE Combined Market Index climbed 419.80 points to close at 330,445.35, the All Jamaican Composite Index rose 1,295.56 points to wrap up trading at 367,388.26, the JSE Main Index gained 214.37 points to end at 319,910.42, the Junior Market Index advanced 29.55 points to settle at 3,427.08 and the JSE USD Market Index declined 2.22 points to 244.73.
In the preference segment, 138 Student Living preference share declined $30 to finish at $211 and Productive Business Solutions 10.5% preference share fell $109 and ended at $1,101.
The market closed with trading of 7,748,170 shares for $9,778,916 compared with 9,637,234 units at $6,156,203 on Wednesday.
The Junior Market ended with an average PE Ratio of 13.5. The PE is computed using the last traded prices of stocks with projected earnings computed by ICInsider.com for financial years ending around August 2025.
The market closed with 9,854,027 shares trading worth $97,063,679, drastically lower than 29,367,477 units at $182,721,206 on Tuesday.
At the close of the market, Eppley Caribbean Property Fund climbed $8.79 to close at $45.90 with 53 shares trading, Jamaica Broilers popped 60 cents to end at $28 with investors exchanging 37,759 units, Jamaica Producers declined $1.50 to end at $22 with 118,017 shares traded. Jamaica Stock Exchange rose 55 cents to $13 as investors exchanged 3,915 stocks, Kingston Wharves rose 70 cents to close at $30 in trading 30,105 shares Massy Holdings shed 60 cents and ended at $76.40 in an exchange of 7,945 shares. Mayberry Group gained $1.36 to close at $7.38 with a mere one stock passing through the market, NCB Financial sank $1.50 and ended at $42 with an exchange of 117,172 units, 138 Student Living fell 37 cents in closing at $3.30 with traders swapping 60 stocks. Proven Investments lost 45 cents to close at $17 with investors dealing in 664 units, Sagicor Group rallied 48 cents to finish at $43 with 5,328 stocks changing hands, Scotia Group climbed $2.99 to end at $56 with traders dealing in a mere 2,290 shares.
Stanley Motta increased 73 cents to $6.73 with traders switching ownership of 1,342 stock units, Supreme Ventures sank $1.85 to close at a 52 week low of $17.30 in trading 3,588,059 shares, Sygnus Credit Investments popped 55 cents in closing at $12.55 in an exchange of 9,548 stocks. Sygnus Real Estate Finance rallied $1.23 and ended at $9.23 with investors swapping 32 units and Wisynco Group rose 68 cents to end at $20.90 after a transfer of 15,230 stock units.
The market closed with an exchange of 2,301,473 shares for US$61,640, a steep increase from 206,661 stocks at US$67,749 on Tuesday.
The market closed with trading of 9,637,234 shares for $6,156,203 compared with 8,088,481 units at $10,634,310 on Tuesday.
The Junior Market ended trading with an average PE Ratio of 13.3, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
At the close of the market, the JSE Combined Market Index fell 302.07 points to settle at 330,025.55, the All Jamaican Composite Index slipped 251.31 points to conclude trading at 366,092.70 and the JSE Main Index sank 473.24 points to wrap up trading at 319,696.05. The Junior Market Index rose 20.59 points to 3,397.53 and the JSE USD Market Index dipped a mere 0.03 points to end at 246.95.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.6 based on 2024-25 earnings and 19.7 based on 2024 earnings.