Trading increased on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of stocks traded doubling and the value jumping 46 percent compared to Monday. JMMB 9.50% preferred share was the volume leader, with just over 18 million shares for 68 percent of the days’ volume following trading in 60 securities, up from 59 on Monday, with 27 rising, 19 declining and 14 ending unchanged.
The market closed with trading of 26,920,421 shares for $94,889,599 after increasing from 13,475,981 stocks at $65,009,956 on Monday.
Trading averaged 448,674 shares worth $1,581,493, up from 228,406 stocks $1,101,864 on Monday and for the month to date, an average of 345,406 stocks for $2,811,358 compared with 336,679 shares at $2,915,290 on the prior day and March with an average of 244,194 stock units at $3,119,428.
JMMB 9.5% preferred share led trading with 18.41 million shares for 68.4 percent of total volume, followed by Transjamaican Highway with 3.30 million stocks for 12.3 percent of the day’s trade, Caribbean Producers closed with 1.40 million stock units for 5.2 percent of the volume traded and Wigton Energy with 1.11 million shares for 4.1 percent of market share.
The All Jamaican Composite Index dropped 1,770.27 points to finish at 398,864.09, the JSE Main Index declined by 1,439.18 points to close at 339,055.01 and the JSE Financial Index fell 0.47 points to wrap up trading at 63.49. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and two with lower offers.
The Main Market ended trading with an average PE Ratio of 20. 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 fiscal year ending around August 2026.
At the close of trading, First Rock Real Estate rallied by 50 cents and ended at $9 following the exchange of just 90 shares, GraceKennedy shed 49 cents to $70 in trading 10,424 stock units, Jamaica Broilers shed 60 cents to end at $15.90 after a transfer of 41,157 shares. Jamaica Stock Exchange rose 50 cents in closing at $12.50 with 2,427 stocks changing hands, Kingston Properties climbed 50 cents to finish at $12.50 as investors exchanged 1,000 units, Massy Holdings popped $3.05 to end at $74 with 83,864 stocks passing through the market. Mayberry Group sank 90 cents to $5.55 with investors trading 83,519 units, Mayberry Jamaican Equities slipped 65 cents to $6.60 in an exchange of 8,162 shares, MPC Caribbean Clean Energy rallied $3.60 to end at $39.60 with 73 stock units clearing the market.
NCB Financial sank $2 to close at $50 after an exchange of 386,378 shares, Sagicor Group dropped 48 cents and ended at $39.51 with investors swapping 46,634 stock units, Seprod fell 80 cents to finish at $79.20 with 2,059 stock units crossing the market. Supreme Ventures increased 64 cents to $15.37 with investors dealing in 79,009 units and Wisynco Group advanced $1.83 to end at $21.83 in an exchange of 17,402 stocks.
In the preference share segment, Eppley 7.75% preference share rose $1 in closing at $21, with investors trading 47 units. Jamaica Public Service 7% skidded $3.99 to close at $39 with an exchange of a mere 4 shares, 138 Student Living preference share climbed $10 and ended at $225 trading 7 stock units and Sygnus Credit Investments 10% increased $3 to finish at $109 with a transfer of 27 shares.
Prices of traded securities are those of the last transaction of each stock unless otherwise stated.