Trading bounces on the Main market

Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded rising 113 percent and the value 41 percent more than on Monday, with trading in 51 securities compared with 64 on Monday, with prices of 16 stocks rising, 19 declining and 16 ending unchanged including Carreras at closed at a 52 weeks’ high of $9.70 followed by Eppley 7.25 at $20.99 while Pulse closed at a 52 weeks’ low of $1.43 and Radio Jamaica at a low of 95 cents.
The market closed with 15,743,476 shares being traded for $55,749,401 compared with 7,386,196 stock units at $39,659,258 on Monday.
Trading averaged 308,696 shares at $1,093,126 compared with 115,409 units at $619,676 on Monday and month to date, an average of 201,128 stock units at $829,641 compared to June with an average of 246,425 units at $1,945,941.
Wigton Windfarm led trading with 8.66 million shares for 55 percent of total volume followed by Lasco Manufacturing with 2.91 million stocks for 18.5 percent of the day’s trade and Transjamaican Highway with 1.90 million units for 12.1 percent of the day’s trade.
The All Jamaican Composite Index sank 1,373.96 points to close trading at 356,909.71, the JSE Main Index declined 401.33 points to conclude trading at 319,006.99 and the JSE Financial Index dipped 0.06 points to close at 67.03.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasts done by ICInsider.com for companies with the financial year ending around August 2025.
Investor’s Choice bid-offer indicator shows 12 stocks ended with bids higher than their last selling prices and two with lower offers.
At the close of the market, Caribbean Cement dipped $2.02 in closing at $61.98, with 69,242 shares being traded, GraceKennedy fell 71 cents to $73.50 with a transfer of 26,546 units, Guardian Holdings advanced $14.99 to end at $359.99 in trading 4 shares. Jamaica Broilers popped $1.41 to close at $34.43 with 817 stock units crossing the market, Jamaica Stock Exchange skidded 86 cents and ended at $11 with investors dealing in 53,132 shares, JMMB Group sank 45 cents to finish at $24.55 in switching ownership of 15,127 units. Kingston Wharves dropped $1.13 to $24.86 after closing with an exchange of 5,726 stocks, Lasco Manufacturing fell 45 cents to $6 after an exchange of 2,910,256 stock units, Margaritaville climbed $2.29 to finish at $15.45 with investors swapping 64 shares. Pan Jamaica increased 49 cents to end at $47, with 91,349 stocks crossing the exchange, Supreme Ventures rallied 76 cents in closing at $25.36, with 11,694 stocks changing hands and Wisynco Group rose 75 cents to close at $21.25 as investors exchanged 43,238 units.
In the preference segment, Eppley 7.25% preference share gained $1.99 to close at a 52 weeks’ high of $20.99 in trading 2 stocks, Eppley 7.75% preference share rose $1.42 to end at $19.99 after an exchange of 10 shares and Sygnus Credit Investments C10.5% rallied $6 in closing at $108 after 53 units passed through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.