Trading activity slowed on the Jamaica Stock Exchange Main Market on Monday, with the volume of stocks traded declining 15 percent and the value just 8 percent lower than in trading on Friday, following trading in 62 securities after climbing from 57 on Friday, with prices of 19 rising, 31 declining and 12 ending unchanged.
The market closed with 12,534,155 shares trading worth $100,412,846, after dipping from 14,821,316 stock units at $108,874,973 on Friday.
Trading averaged 202,164 shares at $1,619,562, following a fall from 260,023 stock units at $1,910,087 on Friday. For the month to date, an average of 221,662 shares at $1,865,999, following a moderate decline from 223,761 shares at $1,892,526 on the previous day and May with an average of 328,145 stock units at $2,328,972.
Transjamaican Highway led trading with 5.43 million shares for 43.3 percent of the total volume, followed by Lasco Distributors, with 2.50 million stocks for 20 percent of the day’s trade and Sagicor Select Financial Fund with 1.16 million stock units for 9.3 percent of the day’s trade.
The All Jamaican Composite Index skidded 1,665.53 points to close at 401,958.39, the JSE Main Index dropped 1,549.36 points to settle at 339,737.64 and the JSE Financial Index popped 0.04 points to 64.97. At the close, the Investor’s Choice bid-offer indicator shows 15 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 14.8. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading in the market, Caribbean Cement fell $3.30 to close at $102.10 after an exchange of 16,232 stock units, Carreras rallied 60 cents to end at a 52 weeks high of $25.50 following the trading of 168,826 shares, Eppley popped 50 cents to $33.50 in an exchange of 75 stocks. General Accident shed 69 cents and ended at $8.01 with investors trading 64,508 shares, GraceKennedy climbed $1.01 to close at $69 following a transfer of 79,467 stock units, Guardian Holdings declined $6 to finish at $315 with investors swapping 18 shares. Jamaica Broilers sank 40 cents to $14.60 with 12,062 stock units changing hands, Jamaica Producers dropped 48 cents to $22.02 with investors trading 7,165 stocks, Margaritaville increased $1.09 in closing at $12.06 with 872 units passing through the market. Massy Holdings fell $3 and ended at $71 with a transfer of 356 shares, Mayberry Group skidded 49 cents to finish at $5.51 with 6,327 units crossing the market, NCB Financial rose 50 cents to close at $52.50 with investors dealing in 34,895 stocks. Pan Jamaica rallied $3.76 to $47.89 with 981 stock units crossing the exchange, Sagicor Group sank $1 to $38.50 after a transfer of 20,134 shares,
Sagicor Real Estate Fund slipped 40 cents and ended at $8.59 with 11,930 units crossing the market. Scotia Group dipped 64 cents to 58.99 as investors exchanged 38,969 stocks and Seprod advanced $5.53 to finish at $78.28 with 89,803 stock units clearing the market.
In the preference segment, Jamaica Public Service 7% fell $5.91 to close at $33.46 after a transfer of 60 shares. Jamaica Public Service 9.5% skidded $344.85 to $1,954.15 after trading of just 6 units, 138 Student Living preference share rose $10 to finish at $200 after an exchange of 76 stocks, Productive Business Solutions 10.5% lost $9.78 and ended at $1,150 after traders swapped a mere 2 stock units. Sygnus Credit Investments 10% dropped $1.50 to $108.50 in switching ownership of 10 shares and Sygnus Credit Investments C10.5% sank $6.50 to end at $100 after a transfer of 4,961 stock units.Prices of stocks trading are those for the last transaction unless otherwise stated.