The Jamaica Stock Exchange Main Market ended on Tuesday, with much milder trading action than the heavy trading on Monday, with the volume of stocks traded declining 59 percent, with the value dropping 57 percent after trading took place in 61 securities compared with 58 on Monday, with prices of 26 rising, 22 declining and 13 ending unchanged.
The market closed with 10,151,849 shares trading for $157,001,347 down sharply from 24,637,211 stock units at $361,770,151 on Monday.
Trading averaged 166,424 shares at $2,573,793 compared to 424,780 stocks at $6,237,416 on Monday and month to date, an average of 243,933 stock units at $2,436,226 compared with 250,640 shares at $2,424,323 on the previous day and October averaging 205,025 stock units at $2,311,672.
Transjamaican Highway continues to enjoy the spotlight and led trading with 4.27 million shares for 42.1 percent of total volume followed by Pan Jamaica with 2.03 million stock units for 20 percent of the day’s trade and Wigton Energy with 1.23 million units for 12.1 percent market share.
The All Jamaican Composite Index lost 517.74 points to close at 361,988.18, the JSE Main Index rose 319.29 points to settle at 314,825.34 and the JSE Financial Index slipped 0.12 points to finish at 64.76. The Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and seven with lower offers.
The Main Market ended trading with an average PE Ratio of 14.1. 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 advanced 50 cents to $73 with investors swapping 102,407 units, Eppley Caribbean Property Fund shed $2 and ended at $35 in an exchange of 2,012 stocks, General Accident fell 45 cents to finish at $6 with 5,029 shares changing hands. Jamaica Broilers sank $2.38 to $36.50 as investors exchanged 24,623 stock units, Jamaica Stock Exchange popped 60 cents to close at $11.99 with 23,440 shares trading, Kingston Wharves climbed 79 cents to end at $32.10 after an exchange of just 257 stocks. Margaritaville rose $1.94 to $14.55 with investors dealing in 11 units, Massy Holdings gained $3.49 to end at $77.49 after a transfer of 10,700 stock units, MPC Caribbean Clean Energy increased $7.94 to finish at $80 with investors trading 50 shares. Pan Jamaica skidded $1 and ended at $46 with 2,028,103 stocks crossing the market, Proven Investments lost 89 cents to close at $18 as 2,266 units switched owners, Sagicor Group rallied $3.55 to end at $40.10 with 2,832 stock units crossing the exchange. Salada Foods popped 40 cents to $3.51 with investors trading 18,509 shares, Scotia Group declined $1.97 to end at $47 with 35,465 stock units clearing the market, Stanley Motta climbed 45 cents to $6.95 with traders dealing in a mere10 stocks and Sygnus Credit Investments sank 85 cents and ended at $12.15 in an exchange of 51,192 units.
In the preference segment, Eppley 7.75% preference share dropped $3.03 to finish at $17.17 with 3,759 stocks trading at the close of the market, Jamaica Public Service 7% increased $2 to close at $44 with a transfer of 14 units. Jamaica Public Service 9.5% dived $205 to $2,685 with 2 shares passing through the market, Productive Business Solutions 10.5% preference share dropped $25.50 and ended at $1,035 after trading 111 stock units and Sygnus Credit Investments C10.5% sank $4 to $101 with an exchange of 11,741 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.