Trading drops for JSE Main Market

Trading pulled back on Friday, from Thursday’s healthier numbers on the Jamaica Stock Exchange Main Market with the volume of stocks traded declining 26 percent and the value 71 percent lower, with trading in 62 securities compared with 62 on Thursday, with prices of 25 stocks rising, 24 declining and 13 ending unchanged.
The market closed with trading of 7,077,088 shares with a value of $75,413,738 compared with  9,575,838 units  at $259,212,134 on Thursday.

Trading averaged 114,147 units at $1,216,351 up from 154,449 units at $4,180,841 on Thursday and month to date, an average of 160,208 units at $1,482,433 compared with 163,955 units at $1,504,083 on the previous day and September with an average of 592,167 units at $8,859,784.
QWI Investments led trading with 2.97 million shares for 41.9 percent of total volume, with the stock closing at a 52 weeks’ high of 85 cents ahead of the company reporting the payment of a dividend in December amounting to 2.5 cents without the deduction of taxes and a profit of $133 million after tax for the year to September. Transjamaican Highway ended with 1.02 million units for 14.5 percent of the day’s trade and Wigton Windfarm with 769,827 stocks for 10.9 percent market share.
The All Jamaican Composite Index sank 618.05 points to settle at 357,496.90, the JSE Main Index lost 1,151.31 points to close at 311,890.12 and the JSE Financial Index popped 0.21 points to end at 65.41.
The Main Market ended trading with an average PE Ratio of 14.2. 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.
Investor’s Choice bid-offer indicator shows 11 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of subdued trading, AS Bryden declined $2.38 to close at $33.12 after 6,524 shares were traded, Carreras shed 45 cents to end at $11 with 283,489 stocks crossing the market, Eppley gained $5.47 to finish at $37.48 in trading 4,738 shares. First Rock Real Estate rose 50 cents and ended at $10.50 with 505 stock units crossing the market, General Accident lost $1.05 in closing at $5.75 after trading 11,510 shares, Guardian Holdings dropped $7 to end at $320 in switching ownership of 272 stock units. Jamaica Broilers sank $1.63 in closing at $35.50 with traders dealing in 513,394 stocks, JMMB Group slipped 64 cents to $21.66 after 49,090 units passed through the market, Kingston Wharves sank $1.22 to finish at $25.83 with investors dealing in 885 stocks. Massy Holdings advanced $4 and ended at $78 after 318,735 stock units were exchanged, MPC Caribbean Clean Energy dipped $12.99 to end at $75 with investors trading 30 shares, NCB Financial popped 62 cents to close at $53.16 in an exchange of 19,190 stock units. Pan Jamaica rallied $1.96 to $48.96 with 5,471 shares clearing the market, Sagicor Group fell $1.51 in closing at $37.54 as investors exchanged 8,085 stock units, Sagicor Real Estate Fund skidded 41 cents and ended at $7.53 with a transfer of 16,320 stocks. Scotia Group gained $1.20 to finish at $45.20 with investors swapping 313,527 units, Sygnus Real Estate Finance lost 76 cents to close at $10.02 after a transfer of 649 shares and Wisynco Group shed 83 cents to end at $20.61 with 24,471 stocks changing hands.

In the preference segment, Jamaica Public Service 7% climbed $2 to $46 after an exchange of just 4 units and 138 Student Living preference share popped $12.98 to finish at $199.74 with investors trading 20 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.