Transjamaican Highway accounted for just over 75 percent of all the shares traded on the Jamaica Stock Exchange USD market closed on Wednesday helping to push the volume of stocks traded up by 717 percent with 254 percent more value than on Tuesday, resulting in exchange of seven securities, down from nine on the prior day with prices of four rising, one declining and two ending unchanged.
The market closed following an exchange of 2,421,389 shares for US$115,441 notably higher than the mere 296,466 stocks at US$32,601 on Tuesday.
Trading averaged 345,913 shares at US$16,492 up from 32,941 stocks at US$3,622 on Tuesday, with a month to date average of 435,560 units at US$16,753 that is in line with 448,367 stocks at US$16,790 on the previous day and well above March that ended with an average of 92,288 units for US$8,588.
The US Denominated Equities Index rallied 1.95 points to 216.15. The Investor’s Choice bid-offer indicator shows five stocks ending with bids higher than their last selling prices and one with a lower offer.
The PE Ratio, one of the best known measures to determine appropriate stock values, averages 11.2. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with the financial year ending around August 2025.
At the close of the market, First Rock Real Estate USD share rose 0.3 of a cent in closing at 2 US cents after trading of 3,746 shares, Proven Investments dipped 0.2 of one cent to 10.3 US cents in closing with an exchange of 484,937 stock units, Sterling Investments ended at 1.9 US cents after investors traded 89,561 shares. Sygnus Credit Investments advanced 0.1 of a cent to close at 7 US cents with 13,806 units clearing the market, Sygnus Real Estate Finance USD share remained at 8.63 US cents with 1,360 stock units switching the owners and Transjamaican Highway popped 0.2 of a cent and ended at 2.7 US cents as investors exchanged 1,820,486 units.
In the preference segment, JMMB Group 7.5% preferred share gained 1 cent to end at US$2.01 with 7,493 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 10,896,568 shares trading worth $47,423,116, falling from the 14,564,460 stock units at $47,513,938 on Monday.
Trading averaged 175,751 shares at $764,889, down from 251,111 stock units at $819,206 on Monday and well below the month to date average of 514,722 units valued at $3,628,657 and the 588,723 shares at $4,253,846 on the previous day and March that ended with an average of 896,190 stock units at $20,804,277.
Wigton Energy led trading with 3.98 million shares for 36.5 percent of total volume followed by Transjamaican Highway which ended with 3.45 million stock units for 31.7 percent of the day’s trade and JMMB 9.5% preference share with 606,122 stocks for 5.6 percent of the volume traded.
The All Jamaican Composite Index shed 2,832.48 points to close at 370,133.83, the JSE Main Index lost 2,120.55 points to settle at 319,974.29 and the JSE Financial Index slipped 0.56 points to conclude trading at 66.06. 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 Main Market ended trading with an average PE Ratio of 13.4. 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, Barita Investments slipped $1.44 to finish at $72 as investors exchanged 9,932 shares, Berger Paints advanced 90 cents and ended at $7.90 with 4,000 stocks switching owners, Caribbean Cement declined $2 to $83 with investors dealing in 83,780 shares. Eppley Caribbean Property Fund fell $2.89 to $34.60 in exchanging 6,556 units, GraceKennedy popped 52 cents in closing at $73.99 with 7,662 stocks crossing the market, Jamaica Broilers lost 57 cents to close at $27.40 with an exchange of 22,733 shares after the price hit an a 52 weeks intraday low of $25.52. JMMB Group declined 51 cents to $20.22 in trading 29,879 units, Kingston Wharves fell 43 cents in closing at $28.90 after an exchange of 5,410 stocks, Mayberry Group dropped 52 cents to end at $6.98 with investors trading 15,764 stock units. MPC Caribbean Clean Energy shed $7 and ended at a 52 weeks’ low of $57 in an exchange of 10 shares, NCB Financial fell 50 cents to finish at $43.50 with traders dealing in 43,151 stocks, Pan Jamaica dipped $2.69 to close at $52.31 after a transfer of 49,381 units.
The market closed with an exchange of 296,466 shares for US$32,601, sharply down from the Transjamaican boosted 20,195,931 stocks that traded at US$634,902 on Monday.
The market closed with just 14,564,460 shares trading for a mere $47,513,938, far below the 69,176,426 stock units at $329,968,167 on Friday.
The Main Market ended trading with an average PE Ratio of 13.5. 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.
The market closed with an exchange of 20,195,931 shares for US$634,902 well above the 807,161 stocks that were exchanged on Friday for US$98,342.
The Main Market ended trading with an average PE Ratio of 13.6. The JSE Main and 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.
market closed with 25,828,337 shares trading for $632,142,176 compared to 35,151,057 stocks at $100,056,439 on Wednesday.
The Main Market ended trading with an average PE Ratio of 13.4. 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 35,151,057 shares trading for $100,056,439, comfortably above Tuesday’s trade with 22,477,080 stock units for $98,411,558.
The Main Market ended trading with an average PE Ratio of 13.6. 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.