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.
e market closed with an exchange of 44,023 shares for US$2,193 down from 555,546 stocks at US$14,136 on Thursday.
The market closed with an exchange of 227,093 shares for US$10,758 compared with 148,501 stocks at US$5,489 on Tuesday. Trading averaged 32,442 shares at US$1,537 compared to 24,750 stocks at US$915 on Tuesday, with a month to date average of 441,916 units at US$11,594 less than 465,032 stocks at US$12,161 on the prior day and September with an average of 161,382 stock units at US$5,462. The US Denominated Equities Index sank 2.42 points to settle at 225.07. The Investor’s Choice bid-offer indicator shows one stock ended with a bid higher than the last selling price and two with lower offers. The PE Ratio, one of the best known measures used to determine appropriate stock values, averages seven. The PE ratio is calculated based on last traded prices divided by projected earnings, computed by ICInsider.com for companies with financial year ending around August 2025.
The market closed with an exchange of 148,501 shares for US$5,489, up from 65,465 stock units at US$1,775 on Monday.