The market indices of the Jamaica Stock Exchange Main Market enjoyed a big bounce on Tuesday, with the JSE Main Index jumping a solid 6,842.80 points, with the volume of stocks traded increasing 56 percent with a 20 percent rise in value compared to Monday, following trading in 61 securities compared with 62 on Monday, with prices of 23 rising, 25 declining and 13 ending unchanged.
The market closed with trading of 19,036,666 shares with the value at $284,857,279, up from 12,183,080 stocks at $237,605,239 on Monday.
Trading averaged 312,076 shares at $4,669,791 compared to 196,501 stocks at $3,832,343 on Monday. Trading for the month to date ended at an average of 288,473 units at $3,015,762 compared with 287,244 shares at $2,929,600 on the prior day, with an average of 895,289 stocks at $10,824,938 in August.
Transjamaican Highway led trading with 4.13 million shares for 21.7 percent of total volume followed by Sagicor Select Financial Fund which ended with 3.49 million stocks for 18.3 percent of the day’s trade, Radio Jamaica closed with 2.0 million stocks for 10.5 percent of the volume traded, Wigton Energy with 1.94 million units for 10.2 percent of the volume traded and Barita Investments with 1.32 million units for 6.9 percent of market trade.
The All Jamaican Composite Index rallied 7,035.81 points to settle at 450,658.36, the JSE Main Index advanced 6,842.80 points to conclude trading at 378,537.42 and the JSE Financial Index rose 2.28 points to end at 73.60.
At the close, the Investor’s Choice bid-offer indicator shows four 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 15.9. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close, Barita Investments rallied $10.99 to finish at $84.99 with 1,321,951 units being traded, GraceKennedy popped $1 and ended at a 52 weeks high of $82 with 40,534 units clearing the market, Guardian Holdings skidded $5 to $355 with investors trading 9,387 shares. Jamaica Producers lost 96 cents to close at $18.02, with 153,883 stock units crossing the exchange, JMMB Group dropped 43 cents to end at $20 with investors trading 189,510 shares, Lasco Manufacturing fell 40 cents in closing at $7.10 after a transfer of 80,906 units. Massy Holdings gained $5.05 to $79.05 with 59 stocks changing hands, MPC Caribbean Clean Energy slipped $3 and ended at $18, with 55,916 shares changing hands, NCB Financial rose 50 cents to close at $67.50 with investors swapping 239,746 shares. Proven Investments declined 98 cents and ended at $9.02 after an exchange of 358,750 units,
Quantas Advantage climbed 49 cents to $24.99 in trading 96,330 stocks, QWI Investments climbed 11 cents to close at a 52 weeks high of 87 cents, after trading of 747,061 shares, Sagicor Real Estate Fund rallied $1.48 to $9.78, with 102 stocks crossing the market. Scotia Group advanced $8.25 to a 52 weeks high of $67.50, with swapping of 890,332 shares and Sygnus Real Estate Finance rose $1.13 in closing at $8.63 after 35 stocks passed through the market.
In the preference segment, Jamaica Public Service 9.5% shed $40 to finish at $2160 with an exchange of 2 units. 138 Student Living preference share gained $1 and ended at $230, with an exchange of a mere 1 stock unit and Productive Business Solutions 10.5% popped $250 to end at $1,250, with investors dealing in 4 shares.Prices of securities trading are those for the last transaction
Aided by the big move in the price of Scotia Group’s shares, the JSE Combined Market Index surged 6,784.22 points to 384,119.79, the All Jamaican Composite Index popped 7,035.81 points to finish at 450,658.36, a 4 year high the JSE Main Index rallied 6,842.80 points to wrap up trading at 378,537.42, for a high of just over four years, the Junior Market Index gained 33.65 points to conclude trading at 3,090.85 and the JSE USD Market Index lost 3.38 points to settle at 291.14.
Among the top losers, Guardian Holdings fell $5 to finish at $355.00, MPC Caribbean Clean Energy slipped $3 and ended at $18.00, Proven Investments lost 98 cents to finish at $9.02, Jamaica Producers skidded 96 cents to end at $18.02 and JMMB Group dipped 43 cents in closing at $20.00.
The market closed with an exchange of 798,381 shares forUS$86,114 compared to 681,520 stock units at US$106,010on Friday.
At the end of the market activity, the JSE Combined Market Index rallied 729.97 points to 377,335.57, with the All Jamaican Composite Index popping 3,083.96 points to 443,622.55, the JSE Main Index rose 710.66 points to 371,694.62, the Junior Market Index climbed by 7.04 points to 3,057.20 and the JSE USD Market Index skidded 2.84 points to finish at 294.52.
Among the top losers, AS Bryden shed $5.40 to close at $19.00, NCB Financial dropped 82 cents to $67.00, Sygnus Real Estate Finance lost 40 cents in closing at $7.50, JMMB Group dipped 32 cents to finish at $20.43 and Kingston Wharves fell 23 cents and ended at $33.22.
At the close, trading ended with an exchange of 681,520 shares for US$106,010, up from 520,462 stock units at US$43,778 on Thursday.
Trading ended with an exchange of 19,453,239 shares valued at $284,365,684, after an increase from 16,948,175 stock units at $132,898,559 on Thursday.
The All Jamaican Composite Index rallied 360.22 points to close at 440,538.59, the JSE Main Index climbed 1,179.39 points to 370,983.96 and the JSE Financial Index popped 0.37 points to 70.69. At the close, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three with lower offers.
Jamaica Broilers climbed 69 cents to $13.95 with 98,305 stocks passing through the market, Kingston Properties increased 40 cents to end at $11.90 after an exchange of 828 stock units, NCB Financial dropped 98 cents to close at $67.82 with 34,965 shares changing hands. Proven Investments lost 44 cents and ended at $9.35 after a transfer of 31,056 units, Sagicor Real Estate Fund dipped $1.40 to close at $8.33 with investors swapping 8,129 stocks and Scotia Group declined 50 cents to finish at $58.50 after trading of 11,922 stock units.
At the end of the market activity, the JSE Combined Market Index increased 1,381.98 points to end at 376,605.60, the All Jamaican Composite Index rallied 360.22 points to end at 440,538.59, the JSE Main Index gained 1,179.39 points to close at 370,983.96, the Junior Market Index rallied by 35.43 points to finish at 3,050, the highest level since the first week of July and the JSE USD Market Index slipped 4.89 points to settle at 297.36.
Among the top losers, Guardian Holdings lost $16.90 to finish at $360.00, Caribbean Cement dipped $1.95 to $110.00, Sagicor Real Estate Fund fell $1.40 to close at $8.33, NCB Financial dropped 98 cents to end at $67.82 and Scotia Group shed 50 cents in closing at $58.50.
The market closed with 16,948,175 shares trading worth $132,898,559 in falling from 32,642,342 shares at $342,167,799 on Wednesday.
The Main Market ended trading with an average PE Ratio of 15.8. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
NCB Financial increased by $1.80 to close at $68.80 with an exchange of 4,748 stock units, Proven Investments climbed by 77 cents in closing at $9.79 with an exchange of 20,443 stock units, Quantas Advantage climbed by $1.44 and ended at $22.99 with investors exchanging 89,595 stock units. Seprod dipped $1 to close at $79, with an exchange of 115,358 units and Sygnus Credit Investments declined 48 cents to $10.52 after a transfer of 209,097 shares.
The market closed with an exchange of 520,462 shares for US$43,778 after surging from 218,169 stock units at US$15,689 on Wednesday.
At the end of the market activity, the JSE Combined Market Index climbed by a mere 113.68 points to 375,223.62, with the All Jamaican Composite Index skidding 42.17 points to finish at 440,178.37, the JSE Main Index lost 140.40 points to end at 369,804.57, the Junior Market Index put in a meaningful rally by increasing 34.54 points to finish at 3,014.73 and the JSE USD Market Index skidded 1.55 points to settle at 302.25.
Among the top losers, Jamaica Broilers slipped $1.74 to end at $13.26, Margaritaville fell $1.23 to $6.97, GraceKennedy skidded by $1.02 and ended at $79.98, Seprod lost $1 to end trading at $79.00 and General Accident shed 74 cents in closing at $8.00.