Trading on the Jamaica Stock Exchange Main Market ended on Thursday, with a 42 percent drop in the volume of stocks traded with the value 20 percent lower than on Wednesday, following an exchange of 60 securities compared with 62 on Wednesday, with prices of 27rising, 18 declining and 15 ending unchanged and resulted in gains for the major market indices of the JSE Main Market.
The market closed with trading of 10,363,654 shares at $145,134,187 compared with 17,740,083 stocks at $182,300,899 on Wednesday.
Trading averaged 172,728 shares at $2,418,903, down from 286,130 stocks with a value of $2,940,337 on Wednesday. Trading month to date ended with an average of 182,882 units at $1,497,201, which is well aligned with 183,568 shares at $1,434,994 on the previous day but below September that closed with an average of 383,823 stock units at $3,398,543.
JMMB Group led trading with 6.33 million shares for 61 percent of total volume followed by Transjamaican Highway which ended with 1.26 million units for 12.2 percent of the day’s trade and JMMB 9.5% with 648,687 stocks for 6.3 percent of the volume traded.
The All Jamaican Composite Index climbed 1,550.84 points to wrap up trading at 363,372.53, the JSE Main Index rallied 1,541.93 points to settle at 320,562.15 and the JSE Financial Index popped 0.17 points to conclude trading at 66.16. At the close, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and three 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 market activities, Caribbean Cement advanced by $2.50 to $92.50 with the trading of 6,926 shares, Carreras rose 49 cents to end at $18.49 after an exchange of 109,716 stock units, Eppley lost 50 cents to finish at $34.50 in trading 183 shares. Eppley Caribbean Property Fund rallied $2.38 and ended at $41, with 145 units crossing the market, First Rock Real Estate declined $1.79 to end at $10.20 with traders dealing in 308 stock units, GraceKennedy shed $1 in closing at $71 as investors exchanged 21,132 shares. Guardian Holdings increased $10 to $370 after a transfer of 14 units, Jamaica Broilers sank $1 to finish at $23.50 with investors trading 181,268 stocks, Kingston Properties slipped 89 cents and ended at $8.11, with 4,574 stock units crossing the exchange. Massy Holdings climbed $1.48 to end at $76.50 with a transfer of 1,347 shares, NCB Financial popped 37 cents in closing at $41.85, with 48,760 units changing hands, Pan Jamaica fell $1.72 to close at $48.03 in an exchange of 19,910 stocks. Seprod skidded $2.53 to $77.05, with 11,182 stock units clearing the market and Sygnus Real Estate Finance gained 54 cents in closing at $8.49 in switching ownership of 2,179 shares.
In the preference segment, 138 Student Living preference share sank $39.85 to end at with a mere 8 stock units $220.15 crossing the market and Sygnus Credit Investments C10.5% dropped $4.90 to finish at $100 with an exchange of 10,041 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.