Trading on the Jamaica Stock Exchange Main Market ended on Wednesday, with the volume of stocks traded rising 97 percent, valued 67 percent more than on Tuesday, with trading in 54 securities down from 57 on Tuesday, with prices of 21 rising, 21 declining and 12 ending unchanged.
The market closed with 26,127,733 shares trading for $99,012,198, up from just 13,296,040 stock units at $59,268,535 on Tuesday.
Trading averaged 483,847 shares at $1,833,559 compared to 233,264 stocks at $1,039,799 on Tuesday and month to date, an average of 2,255,489 units at $9,195,009 from 2,405,440 shares at $9,818,079 on the previous day and March with an average of 896,190 stock units at $20,804,277.
Transjamaican Highway led trading with 18.32 million shares for 70.1 percent of total volume followed by Wigton Energy with 3.92 million units for 15 percent of the day’s trade and Sagicor Select Financial Fund with 906,391 stocks for 3.5 percent of the volume traded.
The All Jamaican Composite Index sank 1,084.28 points to close at 361,298.39, the JSE Main Index shed 1,303.18 points to wrap up trading at 313,640.97 and the JSE Financial Index shed 0.37 points to close at 64.62. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and 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 2025.
At the conclusion of trading, AS Bryden fell $1.20 to $28.75 with investors trading just one share, Barita Investments popped 48 cents to $71.48 and closed with an exchange of 2,790 stock units, Caribbean Cement climbed $2.70 to finish at $83 with traders dealing in 7,085 shares. Eppley Caribbean Property Fund rose $1.95 and ended at $39.45 with 4,202 units clearing the market, First Rock Real Estate skidded 91 cents in closing at $8.53 in trading 249 stocks, Guardian Holdings sank $3 to end at $303 after a transfer of 2,258 shares. Jamaica Producers rallied 40 cents in closing at $23.40 with investors swapping 301,224 stocks, Jamaica Stock Exchange slipped 72 cents to $12.03 with 2,500 units changing hands, Kingston Wharves increased $2.24 to close at $28.46 after 2,089 stock units passed through the market.
Lasco Manufacturing advanced 38 cents to end at $7.47 with investors trading 11,471 shares, Massy Holdings sank $1.43 to finish at $78.55 with 132 stock units crossing the market, Pan Jamaica declined $3.50 and ended at $53.50 after an exchange of 6,254 stocks. Sagicor Real Estate Fund gained 65 cents to close at $8.65 with 205 units crossing the market, Scotia Group shed $1.48 to close at $52.52 after an exchange of 8,194 shares, Sygnus Credit Investments shed 43 cents to finish at $11.47 in trading 15,005 units and Sygnus Real Estate Finance lost $1.36 and ended at $8.14 with an exchange of 21 stocks.
In the preference segment, Sygnus Credit Investments 10% preferred share popped $4 in closing at $104, with investors dealing in 103 stock units and Sygnus Credit Investments C10.5% advanced $5.99 to end at $100.99 in switching ownership of 104 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.