Trading activity dipped on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks traded diving 78 percent and the value 15 percent more compared to Friday, resulting in the Main Market Index falling. with trading in 58 securities sliding from 59 on Friday, with prices of 22 rising, 27 declining and nine ending unchanged.
The market closed following trading of 17,999,843 shares with a value of $249,273,407, from 86,182,062 units at $259,773,986 on Friday.
Trading averaged 310,342 shares at $4,297, in contrast to 1,460,713 stock units at $4,402,949 on Friday and an average of 328,145 stock units at $2,328,972 for May.
Transjamaican Highway was the leading stock that was traded, with 6.37 million shares for 33.1 percent of the overalll volume followed by Mayberry Jamaican Equities that closed with 3.03 million stocks for 15.8 percent of the day’s trade, NCB Financial closed with 2.03 million units for 10.6 percent of the volume traded, Sagicor Real Estate Fund with 2.01 million shares for 10.5 percent of trading for the day, Carreras ended with 1.48 million stocks for 7.7 percent of the overall volume and Sagicor Group with 1.33 million stock units for 6.9 percent of market share.
The All Jamaican Composite Index dropped 3,742.17 points to finish at 399,640.14, the JSE Main Index fell 2,573.50 points to settle at 338,770.65 and the JSE Financial Index advanced 0.12 points to settle at 64.66. At the close, the Investor’s Choice bid-offer indicator shows 11 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 15.3 at the close of trading. ICInsider.com compiles the JSE Main and the USD Market PE ratios are based on the last traded prices and earnings forecasts for companies with the fiscal year ending around August 2026.
At the close of the market, Barita Investments rallied $1 to $69.50 after the trading of 3,226 shares, Caribbean Cement climbed 90 cents to finish at $104.90 in switching ownership of 4,283 stock units, General Accident lost $2.01 and ended at $7.95 with investors trading 112,152 shares. Guardian Holdings rose $14 to $330 after an exchange of 1,463 units, Jamaica Producers sank $1.48 to $22.52 with 4,507 stocks crossing the market, Jamaica Stock Exchange declined 80 cents to finish at $10.05 after a transfer of 95,212 shares. JMMB Group rallied $1 to $16 following trading in 80,161 stock units, Kingston Properties sank 50 cents to close at $12 with investors dealing in 10,024 stocks, Mayberry Group popped 91 cents to end at $6.42 with 1,083 units crossing the market.
Sagicor Group skidded $1.50 in closing at $39.50 with investors swapping 101,043 shares, Stanley Motta gained 50 cents and ended at $7 with 30 stock units clearing the market, Sterling Investments advanced 49 cents to finish at $3.20 in an exchange of 16,114 units. Sygnus Real Estate Finance fell $1.50 to $8.50 following trading of 1,114 stocks and West Indies Petroleum slipped 49 cents to $9 in an exchange of 47,236 units.
In the preference segment, Productive Business Solutions 10.5% dropped $29.78 to $1,130 in a transfer of 106 stocks and Sygnus Credit Investments 10% shed $6.50 to close at $102 in trading 2,000 shares.The closing prices of stocks are for the last transaction unless otherwise stated.