Declining stocks outclassed those rising more than 2 to 1 in trading on the Jamaica Stock Exchange Main Market on Tuesday, following a 63 percent jump in the volume of stocks traded, with the value 23 percent more than on Monday, emanating from trading in 57 securities, down from 60 on Monday, with prices of 12 advancing, 27 declining and 18 ending unchanged.
The market closed with 13,296,040 shares trading for $59,268,535, up from only 8,172,827 stock units at $48,080,512 on Monday.
Trading averaged 233,264 shares valued at $1,039,799, well over the 136,214 stock units at $801,342 on Monday and well below the month to date average of 2,405,440 units at $9,818,079, down from 2,618,545 shares worth $10,679,287 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 6.42 million shares for 48.3 percent of the total volume, followed by Wigton Energy that ended with 3.66 million stock units for 27.5 percent of the day’s trade and Sagicor Select Financial Fund with 769,936 stocks for 5.8 percent of the volume traded.
The All Jamaican Composite Index slipped 2,110.82 points to 362,382.67, the JSE Main Index dropped 1,103.52 points to wrap up trading at 314,944.15 and the JSE Financial Index gained 0.15 points to close at 64.99. The Investor’s Choice bid-offer indicator shows 10 stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended with an average PE Ratio of 13. The JSE Main and USD Market PE ratios are based on the last traded prices and earnings that are forecasted by ICInsider.com for companies with the financial year ending around August 2025.
At the close of a consolidating market, Barita Investments fell 50 cents in closing at $71 with a transfer of 1,000 shares, Caribbean Cement fell $2.20 to $80.30 with investors trading 3,638 units, GraceKennedy sank $1.35 to end at $72.63 after an exchange of 13,587 shares. Jamaica Broilers slipped 35 cents and ended at $26.50 after the trading of 121,080 stock units, Jamaica Producers sank $1 to finish at $23 as investors exchanged 22,455 stocks, Kingston Wharves shed $2.57 to close at $26.22 with 150,381 shares clearing the market. Lasco Manufacturing dropped 49 cents to $7.09 in an exchange of 50,913 stocks, NCB Financial dipped 50 cents to end at $43.50 with investors trading 22,930 units, 138 Student Living popped 73 cents in closing at $3.85 with traders crossing the exchange with 11,006 stock units. 
Pan Jamaica climbed $3 to close at $57 with investors dealing in 101,816 shares, Proven Investments declined 48 cents to finish at $17 with 8,357 stocks passing through the market, Sagicor Group skidded $2.47 and ended at $39.51 with an exchange of 59,908 units. Sagicor Real Estate Fund fell 65 cents to $8 with sellers crossing the market with 1,036 stock units, Sygnus Credit Investments rose 90 cents to finish at $11.90 in an exchange of 88,338 shares and Wisynco Group lost $1 and ended at $20 with 10,846 stock units crossing the market.
In the preference segment, Jamaica Public Service 7% sank $4.50 to close at $40 after a transfer of 70 units, Jamaica Public Service 9.5% gained $38 in closing at $2,688 with 5 stock units changing hands and Sygnus Credit Investments C10.5% dipped $5.98 to end at $95 and closed after 1,040 shares were traded.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.