Trading volume dipped on the Jamaica Stock Exchange Main Market on Thursday, ending 56 percent lower with Transjamaican Highway accounting for 24 percent of the total shares exchanged in the market as the value popped 49 percent higher than on Wednesday. Trading took place in 61 securities compared with 56 on Wednesday and ended with prices of 19 rising, 26 declining and 16 ending unchanged.
The market closed with trading of 6,256,844 shares at $94,236,504 in contrast to 14,230,000 stocks at $63,207,258 on Wednesday.
Trading averaged 102,571 shares valued at $1,544,861 compared to 254,107 stocks at $1,128,701 on Wednesday and month to date, an average of 229,633 units at $1,827,540 slightly down from 238,169 shares at $1,846,531 on the previous day and December with an average of 967,720 stock units at $18,390,902.
Trading was led by Transjamaican Highway with 1.50 million shares for 24 percent of the total volume and followed by JMMB 9.5% preferred share with 1.29 million units for 20.6 percent of the day’s trade and Sagicor Select Financial Fund with 842,421 stocks for 13.5 percent of the volume traded.
The All Jamaican Composite Index declined 401.76 points to conclude trading at 380,609.53, the JSE Main Index lost 255.90 points to finish at 330,127.82 and the JSE Financial Index dipped 0.36 points to wrap up trading at 67.40. The Investor’s Choice bid-offer indicator shows 11 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 14.4. The JSE Main and USD Market PE ratios are based on the last traded stock prices and earnings computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, Berger Paints dipped 50 cents to end at $7.80 after an exchange of 3,551 stocks, Caribbean Cement rose $2.99 to close at $87.99 with trading in 713,090 units, Eppley Caribbean Property Fund sank $1 to $37 with 1,408 shares clearing the market. GraceKennedy dropped 45 cents and ended at $73.50 in an exchange of 21,332 stock units, Guardian Holdings sank $5.90 to close at $300.10 with investors dealing in 984 shares, Jamaica Broilers declined 50 cents to finish at $39.50 with 4,847 stocks switching owners. Mayberry Group fell 49 cents to $7.52 with 9,400 units crossing the exchange, Mayberry Jamaican Equities advanced 63 cents to finish at $10 with investors trading just three stock units, NCB Financial shed 45 cents and ended at $50.20 in an exchange of 127,097 shares. Pan Jamaica popped $1.18 to close at $51.79 with investors swapping 2,430 units, Proven Investments lost $3.50 in closing at $17.92 with an exchange of 600 stocks, Sagicor Group slipped $2 to end at $37 with 108,660 stock units having been traded at the close. Scotia Group increased $1.02 to $61 with traders dealing in 103,450 shares, after the price hit an intraday low of $56.59, Seprod climbed 50 cents to $84.50 after an exchange of 150 stocks and Sygnus Real Estate Finance gained 38 cents to close at $10.28 with 450 units crossing the market.
In the preference segment, Eppley 7.25% preference share rallied $2.89 to finish at $19.25 with a transfer of 250 stock units, 138 Student Living preferred share popped $40.12 and ended at $278.87 with 123 shares crossing the market, Productive Business Solutions 10.5% preference share skidded $165 to end at a 52 weeks’ low of $935 with the trading of 113 stock units and Sygnus Credit Investments C10.5% gained $5 to $109 with 5,622 stocks passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 10,853,995 shares for US$299,532 up from just 325,340 stocks at US$10,946 on Tuesday.