Trading in Wigton Energy stocks accounted for more than 91 percent of all shares exchanged on the Jamaica Stock Exchange Main Market on Tuesday, pumping up the volume of stocks traded by 770 percent and the value 6 percent more than on Monday, with trading in 58 securities compared with 63 on Monday and ending with prices of 23 rising, 19 declining and 16 ending unchanged.
The market closed with 73,155,105 shares being traded for $128,115,803 up from just 8,404,948 stock units for $117,857,156 on Monday.
Trading ended with an average of 1,261,295 shares for $2,208,893 up from 133,412 stock units at $1,870,749 on Monday. Trading for the month to date ended with an average of 333,249 stock units at $1,869,861 compared with 186,182 shares at $1,816,134 on Monday and versus January that averaged 257,074 stock units at $2,582,065.
Wigton Energy led trading with 66.86 million shares for 91.4 percent of total volume followed by Transjamaican Highway that ended with 3.39 million stock units for 4.6 percent of the day’s trade and Carreras with 503,505 stocks for 0.7 percent of the volume traded.
The All Jamaican Composite Index advanced 645.13 points to 382,678.35, the JSE Main Index gained 129.38 points to end at 330,873.26 and the JSE Financial Index climbed 0.41 points to finish at 68.46. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and five with lower offers.The Main Market ended trading with an average PE Ratio of 14.7. 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.
At the close heavy trading in Wigton shares, Berger Paints fell 61 cents to $7.49 with investors swapping 126,404 units, Caribbean Cement popped $3.99 to end at $87 after an exchange of 36,435 shares, Eppley lost $2.50 in closing at $33.50 with a transfer of 309 units. Eppley Caribbean Property Fund increased $2.48 to close at $39.48 trading 3,132 stocks, First Rock Real Estate shed 96 cents and ended at $9 after a transfer of 402 units, Jamaica Broilers climbed 89 cents to finish at $37.30 with 17,712 stocks crossing the exchange. Kingston Wharves rose 71 cents to $30.90 with 5,847 shares changing hands, Massy Holdings declined $1.70 to close at $82 with investors dealing in 6,954 stock units, MPC Caribbean Clean Energy sank $5 in closing at $65 with 3,015 shares switching owners. 138 Student Living skidded 85 cents and ended at $3.25 with 15,929 stock units crossing the market, Sagicor Group gained 70 cents to end at $42 in trading 12,854 units, Scotia Group advanced 80 cents to finish at $56.20 with 24,044 stocks crossing the market and Seprod rallied $4.44 and ended at $88.94 in an exchange of 6,716 units.
In the preference segment, Eppley 7.75% preference share popped 59 cents to $19.99 with investors trading 199 stocks, Jamaica Public Service 7% advanced $3 to close at $43 in an exchange of 58 shares and Sygnus Credit Investments C10.5% sank $5.48 to end at $102.50 with 523 stock units passing through the market.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 469,562 shares for US$20,129 compared with 11,346,663 stocks at US$322,286 on Monday.
Trading surged on the Jamaica Stock Exchange US dollar market on Monday, with a 5,798 percent spike in the volume of stocks traded at a 356 percent greater value than on Friday, following an exchange of more than 11.3 million units of Transjamaican Highway after an exchange of nine securities, compared with eight on Friday with prices of two rising, five declining and two ending unchanged and resulting in the US Denominated Equities Index dropping 11.25 points to 228.70.
The market closed with an exchange of 192,369 shares for US$70,619 compared to 39,450 stocks at US$4,029 on Thursday.