Trading climbs on JSE Main Market


Investors boosted trading on the Jamaica Stock Exchange Main Market on Tuesday, resulting in a 22 percent rise in stocks traded, with a 29 percent climb in value compared to Monday, following activity in 60 securities, after sliding from 62 on Monday, with prices of 20 rising, 24 declining and 16 ending unchanged, resulting in a fall in the value of the market.

The market closed with 19,324,470 shares trading worth $235,983,383 after rising from 15,872,782 stock units at $183,203,796 on Monday.
Trading averaged 322,075 shares worth $3,933,056, after increasing from 256,013 stocks at $2,954,900 on Monday. Trading for the month to date averages 335,057 units at $4,115,990, after just slipping from 336,340 shares at $4,134,072 on the previous day, but greater than  July with an average of 294,201 stock units at $3,175,664.
Transjamaican Highway led trading with 13.68 million shares for 70.8 percent of total volume, followed by Wigton Energy with 1.31 million stocks for 6.8 percent of the day’s trade and Sagicor Select Financial Fund with 1.21 million units for 6.3 percent of the volume of stock changing hands.
The All Jamaican Composite Index shed 2,918.04 points to close at 441,881.22, the JSE Main Index skidded 1,972.56 points to end at 371,292.36 and the JSE Financial Index slipped 0.69 points to 69.06. At the close, the Investor’s Choice bid-offer indicator shows 12 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. ICInsider.com compiles the JSE Main Market PE ratios based on last traded prices and earnings forecasts for companies with the fiscal year ending around August 2026.
At the close of trading on a day ending with mostly modest price changes, Caribbean Cement fell $6.99 to $107 with a transfer of 4,275 units, Eppley shed $1.40 to close at $31.35 after an exchange of 1,337 stocks, Jamaica Producers gained $1.24 to end at $21.84 with 5,968 shares crossing the market. JMMB Group popped 40 cents in closing at $15.10 in an exchange of 123,906 stock units, Kingston Wharves fell 51 cents to finish at $32.99 with 688,677 shares changing hands, Massy Holdings increased by 35 cents to end at $72.45 after investors exchanged 1,836 units, Mayberry Group rallied 46 cents to $5.96 in trading 4,268 units. NCB Financial lost 30 cents in closing at $69.65 after an exchange of 223,425 stocks. Proven Investments gained 65 cents to $9.90 with 88,750 stocks crossing the market, Quantas Advantage climbed 90 cents to close at $16.40 in switching ownership of 6,100 stock units and Supreme Ventures dipped 40 cents to end at $17.50 after a transfer of 162,251 shares.
In the preference segment, 138 Student Living preference share dropped $22.50 to close at $205 with 74 stocks crossing the exchange and Sygnus Credit Investments C10.5% shed $4.90 to finish at $101.10 with a transfer of 190 units.

Prices of securities trading are those of the last transaction.

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