Trading picked up on the Jamaica Stock Exchange Main Market on Monday, following a low level of trading on Friday, with a 52 percent in the volume of stocks trading with a 163 percent more value compared to Friday, following trading in 61 securities, up from 54 on Friday, with prices of 20 rising, 28 declining and 13 ending unchanged.
The market closed with 17,738,008 shares trading worth $226,732,279 after increasing from 11,657,525 stocks at $86,155,572 on Friday.
Trading averaged 290,787 shares at $3,716,923, up from 215,880 stock units at $1,595,474 on Friday and month to date, an average of 327,241 stock units at $3,028,944 compared with 331,453 shares at $2,949,461 on the preceding day and August with an average of 895,289 stock units at $10,824,938.
Transjamaican Highway led trading with 10.55 million shares for 59.5 percent of total volume, followed by Wigton Energy with 2.56 million stocks for 14.4 percent of the day’s trade and Sagicor Group with 1.47 million units for 8.3 percent of the overall trades.
The All Jamaican Composite Index dived 6,978.92 points to end at 435,071.59, the JSE Main Index dropped 3,989.75 points to close at 366,369.53 and the JSE Financial Index lost 0.99 points to close at 69.73. At the close, the Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 15.8. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading, Barita Investments declined by $1.56 to finish at $65.45 with 165,068 units passing through the market, Caribbean Cement shed $1.50 and ended at $108 with 26,146 stocks changing hands, Eppley Caribbean Property Fund rose $1 to $43 in an exchange of 5 shares. Guardian Holdings dropped $19.99 to end at $350 with investors dealing in 5,102 stock units, Jamaica Producers lost 95 cents in closing at $17.90 with a transfer of 76,857 shares, JMMB Group gained 66 cents to close at $17.99 with a transfer of 82,636 units. Kingston Properties slipped $1.24 to $10.60 with investors swapping 15,497 stocks, Massy Holdings gained $5.90 and ended at $79.40 with a transfer of 5,222 stock units., NCB Financial advanced 97 cents and ended at $67.98 with an exchange of 14,256 shares.
Quantas Advantage fell $2.70 to end at $16.80 with 7,100 stocks crossing the market, Sygnus Real Estate Finance dipped $1.36 in closing at $7.64 after a transfer of 12,000 units, Transjamaican Highway skidded by 78 cents to close at $10.21, after trading of 10,554,234 stock units. West Indies Petroleum rallied 66 cents to $9.96 after an exchange of 1,769 shares and Wisynco Group increased 64 cents to close at $20.82 with 241,916 units crossing the market.
In the preferred share segment, Jamaica Public Service 9.5% climbed $6 and ended at $2,160 in an exchange of a mere stock unit, 138 Student Living preference share fell $19 to finish at $201 with investors trading 11 stocks and Productive Business Solutions 10.5% rose $1 in closing at $1,290 after an exchange of 18 shares.Prices of securities trading are those of the last transaction.