Trading surged on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded rising 177 percent as Transjamaican Highway dominated trading with the trading ending with a 34 percent higher value than on Friday, with trading in 64 securities up from 56 on Friday, with prices of 24 stocks rising, including Caribbean Cement that closed at a 52 weeks’ high of $75, 27 declined and 13 ended unchanged.
The market closed with 34,121,468 shares trading for $124,264,644 up from just 12,322,346 stock units at $92,478,739 on Friday.
Trading averaged 533,148 shares at $1,941,635 compared to 220,042 stocks at $1,651,406 on Friday and month to date, an average of 387,032 stock units at $1,806,195 compared with October with an average of 205,025 stock units at $2,311,672.
Transjamaican Highway led trading with 29.52 million shares for 86.5 percent of total volume followed by Sagicor Select Financial Fund with 1.78 million units for 5.2 percent of the day’s trade and Wigton Energy with 910,857 stock units for 2.7 percent market share.
The All Jamaican Composite Index declined 524.20 points to close at 364,914.43, the JSE Main Index advanced 150.93 points to end at 317,745.18 and the JSE Financial Index rose 0.17 points to close trading at 66.15. The Investor’s Choice bid-offer indicator shows 12 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 14.4. 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, Carreras rallied 50 cents in closing at $11.50 after 219,637 stock units passed through the market, Eppley shed $3.44 to end at $34 with investors swapping 503 shares, Jamaica Broilers sank $2.17 to end at $36 following 49,789 units crossing the exchange. Jamaica Producers rose 97 cents and ended at $21.97 with traders dealing in 18,426 stocks, MPC Caribbean Clean Energy advanced $6.30 to finish at $84.30 with a mere 3 shares crossing the market, Proven Investments lost $1 to close at $19 with investors trading 9,173 stocks. Scotia Group popped 50 cents to $45.50 in switching ownership of 19,614 units, Sterling Investments dropped 52 cents in closing at $2.26 with investors dealing in 34,556 stock units and Sygnus Real Estate Finance sank 69 cents to close at $10.81 with a transfer of 583 shares.
In the preference segment, Eppley 7.25% preference share gained $3.39 and ended at $19.90 after investors ended trading of 15,000 units, Eppley 7.50% preference share climbed 40 cents to end at $6.40 with an exchange of 3,405 stocks, Jamaica Public Service 7% increased $4.17 to finish at $44.27 with 15 stock units changing hands and 138 Student Living preference share declined $38 and ended at $212 after a transfer of 7 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
In the preference segment, Jamaica Public Service 9.5% sank $210 to $2690 after an exchange of 1,133 shares and Sygnus Credit Investments C10.5% increased 40 cents in closing at $105 with investors dealing in 39 stock units.
The market closed with
The All Jamaican Composite Index sank 618.05 points to settle at 357,496.90, the JSE Main Index lost 1,151.31 points to close at 311,890.12 and the JSE Financial Index popped 0.21 points to end at 65.41.
Jamaica Broilers sank $1.63 in closing at $35.50 with traders dealing in 513,394 stocks, JMMB Group slipped 64 cents to $21.66 after 49,090 units passed through the market, Kingston Wharves sank $1.22 to finish at $25.83 with investors dealing in 885 stocks. Massy Holdings advanced $4 and ended at $78 after 318,735 stock units were exchanged, MPC Caribbean Clean Energy dipped $12.99 to end at $75 with investors trading 30 shares, NCB Financial popped 62 cents to close at $53.16 in an exchange of 19,190 stock units. Pan Jamaica rallied $1.96 to $48.96 with 5,471 shares clearing the market, Sagicor Group fell $1.51 in closing at $37.54 as investors exchanged 8,085 stock units, Sagicor Real Estate Fund skidded 41 cents and ended at $7.53 with a transfer of 16,320 stocks. Scotia Group gained $1.20 to finish at $45.20 with investors swapping 313,527 units, Sygnus Real Estate Finance lost 76 cents to close at $10.02 after a transfer of 649 shares and Wisynco Group shed 83 cents to end at $20.61 with 24,471 stocks changing hands.
In the preference segment, Jamaica Public Service 7% climbed $2 to $46 after an exchange of just 4 units and 138 Student Living preference share popped $12.98 to finish at $199.74 with investors trading 20 stock units.