Trading on the Jamaica Stock Exchange Main Market ended Monday, with a 31 percent fall in the volume of stocks traded following a 75 percent drop in funds passing through the market compared with Friday, resulting in activities in 62 securities up from 57 on Friday and ending with prices of 21 rising, 20 declining and 21 ending unchanged.
The market closed with 11,953,622 shares trading costing $65,051,577 compared to 16,566,578 stock units at $251,744,914 on Friday. Trading ended with an average of 192,800 shares at $1,049,219 down from 290,642 stocks at $4,416,577 on Friday. For month to date, trading averaged 233,664 stock units valued $2,167,578, lower than the average of 240,882 shares at $2,365,123 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 5.05 million shares for 42.2 percent of total volume followed by Transjamaican Highway with 2.39 million stock units for 20 percent of the day’s trade and Lasco Manufacturing with 1.30 million units for 10.9 percent share of the total volume.
At the close of trading, the All Jamaican Composite Index dropped 1,411.66 points to end at 362,264.40, the JSE Main Index shed 1,362.91 points to finish at 316,354.12 and the JSE Financial Index sank 0.77 points to settle at 64.68. The Investor’s Choice bid-offer indicator shows 17 stocks ending with bids higher than their last selling prices and three with lower offers, a b signal for Tuesday’s opening.The Main Market ended trading with an average PE Ratio of 14.3. 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 slow day of trading, AS Bryden dipped $2.90 to end at $31.10 with 955 stock units changing hands, Caribbean Cement fell by $2.39 to end at $69.01 after investors exchanged 7,321 shares, Kingston Wharves rallied $1.60 to finish at $30 with 18,667 units traded. Massy Holdings increased $1.40 and ended at $81 as 2,018 stocks crossed the market, NCB Financial sank $1 to close at $50.50 after an exchange of 75,019 shares, Proven Investments lost $2.07 to close at $17.90 with investors trading 7,014 stock units.
Sagicor Group dropped $1.90 to $38.10 as 5,576 stocks crossed the exchange, Scotia Group popped $1.39 in closing at $47 following the drying up of offers for the stock units against increased demand, with traders dealing in 161,697 units and Sygnus Real Estate Finance advanced $1 and ended at $12.50 in an exchange of 4,552 stocks.
In the preference segment, Jamaica Public Service 9.5% dipped $4.99 to finish at $2,895 with investors swapping 10 units, 138 Student Living preference share jumped $48.49 to close at $241.49 after an exchange of just 9 shares and Sygnus Credit Investments C10.5% popped $3 higher to end at $105 with 26 stock units having been traded.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
ange of 23,932 shares for US$3,328 compared to 45,633 stocks at US$7,963 on Friday.
The market closed with an exchange of 200,050 shares for US$36,385 compared with 149,669 stocks at US$12,181 on Wednesday.
The market closed with an exchange of 49,694 shares for US$9,736 compared to 225,466 stocks at US$8,422 on Monday.
The market closed with an exchange of 225,466 shares for US$8,422 up from just 44,023 stocks at US$2,193 on Friday.