Decliners just edged out advancers on the Jamaica Stock Exchange Main Market declined on Wednesday, with the prices of declining stocks outweighing those rising following a 35 percent drop in the volume of stocks traded with a 37 percent lower value than on Tuesday, after trading in 63 securities compared with 59 on Tuesday, with prices of 24 stocks rising, 25 declining and 14 ending unchanged, with the market closing with Jamaica Stock Exchange shares and Caribbean Cement trading at intraday 52 weeks’ high.
The market closed with 14,504,716 shares being traded at $68,895,426 down from 22,368,398 stock units at $108,813,417 on Tuesday.
Trading averaged 230,234 shares at $1,093,578 compared with 379,125 units at $1,844,295 on Tuesday and month to date, an average of 368,759 units at $1,697,130 compared with 442,096 shares at $2,016,657 on the previous day and November with an average of 286,669 stock units at $2,555,172.
Wigton Energy accounted for 43.3 percent of total volume to lead trading with 6.28 million shares followed by Transjamaican Highway with 3.70 million units for 25.5 percent of the day’s trade, with selling pressured buyers and Lasco Manufacturing with 655,784 stock units for 4.5 percent of market share.
The All Jamaican Composite Index sank 1,400.46 points to end the day at 368,924.38, up 0.5 percent year to date, the JSE Main Index slipped 520.23 points to finish at 320,807.43 and the JSE Financial Index declined 0.56 points to close trading at 64.50. The Investor’s Choice bid-offer indicator shows 14 stocks ended with bids higher than their last selling prices and four with lower offers.The Main Market ended trading with an average PE Ratio of 14.6. 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, Caribbean Cement lost $1.90 to finish at $77 after a transfer of 1,863 stock units and trading at a 52 weeks’ intraday high of $79.19, Caribbean Producers climbed 50 cents to close at $8 with investors swapping 9,342 shares, Eppley Caribbean Property Fund dipped $3.65 to close at $33.35 after an exchange of 90 stocks. Guardian Holdings popped $1 to end at $315 with 2,234 units passing through the market, Jamaica Stock Exchange gained $1.17 to close at a 52 weeks’ high of $14.45 with traders dealing in 201,427 stocks after the stocks traded as high as $15.84, Massy Holdings sank $1.49 and ended at $78.40 with just 94 shares switching owners. Mayberry Jamaican Equities slipped 55 cents to $9.50 with investors dealing in 4,609 stocks, MPC Caribbean Clean Energy sank $13.22 to close at $74.38 with a mere 8 stock units crossing the exchange, NCB Financial dropped 46 cents to end at $50.49 with investors trading 42,694 shares. Proven Investments shed $1.51 to finish at $17.97 after an exchange of 1,234 stocks, Sagicor Group declined $1 and ended at $37 with 80,212 stocks crossing the market and Stanley Motta rose 41 cents to end at $6.92 with a transfer of 533 units.
In the preference segment, Eppley 7.50% preference share fell 56 cents to $5.38 with 3,090 stocks clearing the market, Jamaica Public Service 7% advanced $1.22 to end at $44.90 in an exchange of 19 units, Jamaica Public Service 9.5% skidded $55 in closing at $2,700 trading 84 shares and 138 Student Living preference share rallied $26.55 to close at $260.05 with a mere 3 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise state
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Jamaica Public Service 9.5% declined $29.99 to finish at $2,860 with 10 stocks crossing the market and Productive Business Solutions 10.5% preference share gained $15 to land at $1,050 as investors exchanged 100 units.
In the preference segment, Eppley 7.75% preference share shed $2.57 to finish at $20.20 with 221 stocks clearing the market.
In the preference segment, Eppley 7.75% preference share advanced $5.60 to end at $22.77 with a transfer of 87 stocks, Jamaica Public Service 9.5% gained $204.99 to end at $2,889.99 in an exchange of just 3 units and 138 Student Living preference share popped 42 cents to finish at $236.42 with traders dealing in 50 stock units.