Following suspension of trading on the Jamaica Stock Exchange Main Market from Monday to Wednesday due to the passage of Hurricane Melissa, the market opened on Thursday, with the volume of stocks traded rising 56 percent and the value 28 percent more than on Friday, with trading in 57 securities compared with 56 on Friday, resulting in prices of 23 rising, 20 declining and 14 ending unchanged.
The market closed with 11,709,850 shares traded worth $63,409,333 compared to 7,520,061 stock units at $49,523,282 on Friday.
Trading averaged 205,436 shares at $1,112,444 compared to 134,287 stocks at $884,344 on Friday and month to date, with an average of 181,530 units at $1,444,234 in line with 180,175 shares at $1,463,052 on the prior day and September with an average of 383,823 stock units at $3,398,543.
Wigton Energy led trading with 5.08 million shares for 43.4 percent of total volume followed by Transjamaican Highway, with 2.40 million stocks for 20.5 percent of the day’s trade and Radio Jamaica with 1.25 million stock units for 10.7 percent of the day’s trade.
The All Jamaican Composite Index gained 106.49 points to close at 367,771.46, the JSE Main Index slipped just 1.30 points to close at 323,841.80 and the JSE Financial Index climbed a mere 0.24 points to 66.87. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 13.5. The JSE Main and the 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 2026.
At the close of the market, Caribbean Cement lost $2.50 to end at $90 with traders dealing in 19,502 shares, Carreras sank 50 cents in closing at $18 after an exchange of 234,764 stocks, Eppley fell 50 cents to $34 with investors trading 955 shares. Eppley Caribbean Property Fund rallied $1 to finish at $42 with 110 stock units clearing the market, GraceKennedy shed $1 and ended at $72 in trading 24,289 stock units, Guardian Holdings sank $7 to close at $375 with 6,000 shares crossing the market. JMMB Group popped 38 cents to $17.88 as investors exchanged 2,300 units, Kingston Wharves dipped $1.20 in closing at $28.60 after the trading of 4,789 stocks, Lasco Manufacturing gained 45 cents and ended at $6.70 with 7,945 stock units crossing the market. Pan Jamaica rose 90 cents to close at $50 with investors dealing in 27,019 shares, Proven Investments advanced $1 to end at $16.80 with 211,511 units changing hands, Sagicor Group climbed 79 cents to finish at $42 after a transfer of 50,064 stock units and Supreme Ventures increased 65 cents to $18.65 with brokers switching ownership of 730,902 stock units.
In the preference segment, 138 Student Living preferred share climbed $2 to end at $265 after closing with an exchange of just 6 shares and Sygnus Credit Investments C10.5% fell $4.90 in closing at $100 with an exchange of 1,500 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.