Trading on the Jamaica Stock Exchange Main Market declined on Tuesday, with the volume of stocks traded down 26 percent and the value 17 percent lower than on Monday, following trading in 59 securities compared with 60 on Monday, with prices of 23 stocks rising, 21 declining and 15 ending unchanged, including Caribbean Cement and the Jamaica Stock Exchange stocks that closed at 52 weeks’ highs.
The market closed with 22,368,398 shares being traded at$108,813,417 down from 30,240,989 stock units at $131,168,749 on Monday. Trading ended with an average of 379,125 shares at $1,844,295, well below the 504,016 stocks with an average of $2,186,146 on Monday and for the month to date, an average of 442,096 stock units for $2,016,657 compared to an average of 286,669 stocks at $2,555,172 in November.
Wigton Energy led trading with 15.01 million shares accounting for 67.1 percent of total volume followed by Transjamaican Highway with 3.75 million stocks for 16.8 percent of the day’s trade and Sagicor Select Financial Fund with 1.39 million units for 6.2 percent of the day’s trade.
The All Jamaican Composite Index dropped 842.57 points to close trading at 370,324.84, the JSE Main Index shed 540.20 points to end at 321,327.66 and the JSE Financial Index slipped 0.83 points to end at 65.06. The Investor’s Choice bid-offer indicator shows 13 stocks ended with bids higher than their last selling prices and eight with lower offers.The Main Market ended trading with an average PE Ratio of 14.5. 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 trading, Caribbean Cement gained $1.90 to finish at a 52 weeks’ high of $78.90 with traders dealing in 4,558 stock units, Eppley Caribbean Property Fund rose $2.50 to $37 with 125 shares crossing the market, Guardian Holdings sank $1 to end at $314 with investors dealing in 126 units. Jamaica Producers rallied $2 to close at $25 with 3,072 stocks clearing the market, Jamaica Stock Exchange increased $1.03 to close at a 52 weeks’ high of $13.28 with 63,980 units switching owners, Mayberry Jamaican Equities climbed 55 cents and ended at $10.05 with 350 stocks changing hands. NCB Financial popped 95 cents to $50.95 in an exchange of 264,825 shares, Pan Jamaica skidded $2 and ended at $50 in trading just 1 stock unit, Sagicor Group advanced $1.44 to close at $38 with 27,156 shares passing through the market and Scotia Group rose 99 cents to finish at $46.49 in an exchange of 33,589 stocks.
In the preference segment, Jamaica Public Service 7% climbed 68 cents in closing at $43.68 with investors trading 38 units, JMMB Group 7% preference share sank 42 cents to end at $2.51 after an exchange of 41 stock units and Productive Business Solutions 10.5% preference share increased $10 to $1060 after it closed with 230 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise state
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jamaica Public Service 9.5% declined $29.99 to finish at $2,860 with 10 stocks crossing the market and Productive Business Solutions 10.5% preference share gained $15 to land at $1,050 as investors exchanged 100 units.
In the preference segment, Eppley 7.75% preference share shed $2.57 to finish at $20.20 with 221 stocks clearing the market.
In the preference segment, Eppley 7.75% preference share advanced $5.60 to end at $22.77 with a transfer of 87 stocks, Jamaica Public Service 9.5% gained $204.99 to end at $2,889.99 in an exchange of just 3 units and 138 Student Living preference share popped 42 cents to finish at $236.42 with traders dealing in 50 stock units.
Productive Business Solutions 10.5% preference share rose $15 in closing at $1,050 after an exchange of 532 units and Sygnus Credit Investments C10.5% gained $1 to close at $102 after the trading of 1,821 stock units.