Radio Jamaica claimed market leader status after contributing 52 percent of trading on the Jamaica Stock Exchange Main Market on Wednesday, pushing the volume of stocks traded up by 269 percent, with the value 18 percent lower compared to Tuesday. Trading ended with 57 active securities down from 60 on Tuesday, with prices of 21 rising, 25 declining and 11 ending unchanged.
Trading ended with an exchange of 44,278,737 shares with a value of $164,593,495 compared with 12,013,747 stock units valued at $200,084,049 on Tuesday.
Trading averaged 776,820 shares worth $2,887,605 compared with 200,229 stocks at $3,334,734 on Tuesday. Trading for the month to date closed with an average of 347,250 units valued $3,093,870 compared with 279,611 shares at $3,126,348 on the previous day and well below August , with an average of 895,289 stock units at $10,824,938.
Radio Jamaica led trading with 23.09 million shares for 52.1 percent of total volume, followed by JMMB 9.5% with 8.01 million stocks for 18.1 percent of the day’s trade, Transjamaican Highway closed with 6.37 million stocks for 14.4 percent of the volume traded and Wigton Energy with 3.31 million units for 7.5 percent of market trade.
The All Jamaican Composite Index increased 1,804.91 points to end trading at 437,622.77, the JSE Main Index rose 1,801.20 points to 366,665.69 and the JSE Financial Index dropped 0.21 points to end at 69.87. At the close, the Investor’s Choice bid-offer indicator shows 16 stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 15.5. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2027.
At the close of trading, Barita Investments rose $1 to end at $67.50 with an exchange of 385 stock units, Carreras skidded by $1.09 to $28.70 with a transfer of 161,482 shares, First Rock Real Estate advanced $1.05 to close at $6.25 in trading 4,229 units. General Accident lost 82 cents in closing at $8.01 after a transfer of 1,294 stocks, Guardian Holdings gained $2.02 and settled at $354.02 after investors swapped 766 shares, Jamaica Producers gained $1.39 and ended at $18.89 after an exchange of 4,998 stocks. Jamaica Stock Exchange increased 47 cents to $9.37 with a transfer of 27,954 units, Kingston Wharves declined 49 cents in closing at $34 after an exchange of 227,788 stock units, Massy Holdings climbed $2.90 to finish at $72.90 with investors trading 72 shares. Mayberry Jamaican Equities shed 47 cents and ended at $6 in an exchange of 20,708 stocks, NCB Financial dropped 99 cents to end at $67 with 179,842 units crossing the market, Pan Jamaica fell $1.98 to close at $43.50 in an exchange of 73,077 stock units.
Proven Investments rallied 61 cents to $9.45 with 9,523 shares crossing the market, Quantas Advantage slipped by $2.50 to close trading at $17 with an exchange of 1,003 stocks, Sagicor Group dipped 48 cents and ended at $44 with 29,663 units changing hands. Sagicor Real Estate Fund increased $1.46 to $9.80 with 1,600 stocks crossing the exchange, Scotia Group popped 50 cents to finish at $59 with investors dealing in 29,244 units, Seprod rallied $1 to close at $75 with 107,199 stocks passing through the market and Sygnus Real Estate Finance rose 59 cents to $9 with investors trading 506 shares.
In the preference segment, Jamaica Public Service 7% lost $1.11 to end at $37, with a mere one stock unit clearing the market and Productive Business Solutions 10.5% fell $1 to close at $1,289, with investors swapping a mere one share.Prices of securities trading are those of the last transaction.
The market closed with an exchange of 1,277,677 shares for US$117,937 after climbing from 438,783 stock units at US$73,278 on Tuesday.
The market closed with 12,013,747 shares trading for $200,084,049 compared with 13,478,774 stock units at $150,097,002 on Monday.
The Main Market ended trading with an average PE Ratio of 15.4. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2027.
Quantas Advantage climbed by $2.40 to close at $19.50 with 17,932 stock units changing hands. Scotia Group increased $1.50 to $58.50 in an exchange of 11,785 shares, Seprod dipped by 60 cents to $74 with investors dealing in 13,342 stock units, Supreme Ventures fell 43 cents to finish at $17 in an exchange of 50,291 stocks. Sygnus Real Estate Finance advanced 91 cents to close at $8.41 after trading of 106 units, Transjamaican Highway rose 86 cents to end at $10.99 in switching ownership of 5,537,086 shares and West Indies Petroleum lost 76 cents in closing at $9.20 after a transfer of 2,621 stock units.
The market closed with an exchange of 1,312,663 shares for US$93,471 compared to 1,084,551 stock units at US$79,042 on Friday.
The day closed following trading of 19,542,841 shares with a value of $185,174,250, down from 20,135,675 stocks at $274,794,901 on Thursday.
The Main Market ended trading with an average PE Ratio of 15.8. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices of each company and forecasted earnings for the fiscal year ending around August 2026.
NCB Financial dropped $1.20 in closing at $68.80 with investors swapping 30,996 stocks, Pan Jamaica jumped $4 and settled at $44.00 with trading of 505, 379 shares. Proven Investments shed 59 cents to close at $8.70 with dealing in 79,680 shares, Quantas Advantage fell by $2.10 to close at $17.90 after a transfer of 1,743 stocks, Sagicor Group advanced $2.54 to $44.94 in switching ownership of 3,304 units and Seprod skidded $2.90 to end at $71.70 after an exchange of 4,137 stock units.
The market closed with an exchange of 1,084,551 shares for US$79,042 after increasing from 522,273 stocks at US$51,007 on Thursday. Trading ended with an average of 98,596 shares at US$7,186 after rising from 65,284 units at US$6,376 on Thursday, with a month to date average of 72,418 units at US$5,859, compared to 62,819 stocks at US$5,372 on the previous day and August that ended with an average of 115,072 units for US$12,480.
The market closed with an exchange of 522,273 shares for US$51,007 after it dropped from 845,195 stock units at US$62,437 on Wednesday.