Trading rebounded on the Jamaica Stock Exchange Main Market on Wednesday, with the volume of stocks traded rising 56 percent, but with just a two percent greater value than on Tuesday resulting from trading in 57 securities down from 60 on Tuesday, with prices of 19 advancing, 22 declining and 16 ending unchanged, with a fall in the Main market indices.
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.
Trading averaged 616,685 shares at $1,755,376, up from 374,618 stocks at $1,640,193 on Tuesday and month to date, an average of 492,548 units at $1,696,308 well below March with an average of 896,190 stocks at $20,804,277.
Following the recent share sale by NROCC, trading in Transjamaican Highway has climbed in recent days, with the stock on Wednesday leading the market with 11.27 million shares for 32.1 percent of total volume followed by JMMB Group 10% preferred shares which ended with 10.08 million stocks for 28.7 percent of the day’s trade, Sagicor Select Financial Fund closed with 8.30 million stock units for 23.6 percent of the volume traded, Radio Jamaica closed with 1.69 million shares for 4.8 percent of the total volume and JMMB 9.5% preferred share with 1.18 million stocks for 3.3 percent of market share.
The All Jamaican Composite Index declined 2,749.97 points to 375,446.10, the JSE Main Index dipped 1,665.25 points to settle at 325,036.41 and the JSE Financial Index lost 1.00 points to close at 67.40. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and seven with lower offers.
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.
At the close of the market, AS Bryden rose $1.50 to finish at $29.50 with a transfer of just one share, Berger Paints rose $1.14 and ended at $8.29 with 7,684 stock units crossing the market, Caribbean Cement rose $3.97 to $86.97 after a transfer of 3,446 shares. Caribbean Producers declined 69 cents in closing at $8 with investors swapping 239,805 stocks, First Rock Real Estate sank $1.49 to end at $8.50 in an exchange of 6,000 units, GraceKennedy increased 35 cents to close at $73 with traders dealing in 11,019 stocks. Jamaica Broilers lost $1 in closing at a 52 weeks’ low of $27 in an exchange of 47,808 units, Kingston Wharves climbed $1.59 to close at $29.49 with investors trading 779 shares, Lasco Manufacturing advanced 61 cents in closing at $7.63 with 17,204 stock units switching owners. Massy Holdings rallied $1 to end at $81 with 30 shares changing hands, 138 Student Living dropped 72 cents and ended at $3.13 after an exchange of 1,492 units, Pan Jamaica fell $5.90 to finish at $54.10 after the trading of 61,257 stocks. Proven Investments rose 50 cents and ended at $17.50 with 102 stock units passing through the market, Sagicor Real Estate Fund shed 64 cents to $8 in trading 5,500 shares, Scotia Group sank 40 cents in closing at $53.60 with 152,345 units being traded. Seprod slipped $1.90 to finish at $88 as investors exchanged 14,305 stocks and Sygnus Real Estate Finance rallied $1.29 to end at $9.36 with 1,867 stock units clearing the market.
In the preference segment, Eppley 7.25% preference share skidded $2.99 to close at $17.01 with investors dealing in 59,068 shares. 138 Student Living preference share popped $30 to $230 after an exchange of 202 stock units and Sygnus Credit Investments C10.5% increased $14 to finish at $105 with investors trading 118 units.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 161,911 shares for US$40,305, significantly down from 815,187 stocks at US$28,912 on Monday.
The market closed with 22,477,080 shares being traded for $98,411,558, down from 35,403,032 stock units at $428,792,197 on Monday.
The Main Market ended trading with an average PE Ratio of 13.7. 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 35,403,032 shares trading for $428,792,197, down from 211,546,624 stock units at $4,258,930,941 on Friday.
The Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and none with a lower offer.
The market closed with an exchange of 815,187 shares for US$28,912 compared to 386,163 stocks at US$29,928 on Friday.
The market closed with trading of 211,546,624 shares for $4,258,930,941, up from 197,123,972 stock units at $470,952,289 on Thursday.
The All Jamaican Composite Index popped 1,461.32 points to conclude trading at 378,006.39; at the same time, the JSE Main Index climbed 1,254.58 points to close at 325,739.24 and the JSE Financial Index rallied 0.62 points to end trading at 68.07.
The market closed with an exchange of 1,881,720 shares for US$213,579, well more than the 1,108,531 stocks at US$101,391 on Wednesday.
The market closed with 197,123,972 shares being traded with a value of $470,952,289, markedly more than the 29,612,887 stocks with a value of $125,457,922 on Wednesday.
The Main Market ended trading with an average PE Ratio of 15.2. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings per share forecasts by ICInsider.com for companies with the financial year ending around August 2025.
The market closed after an exchange of 29,612,887 shares valued at $125,457,922, doubling the 14,713,604 stock units at $82,057,557 on Tuesday.
The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.