Trading drops on JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended Thursday, with the volume of stocks traded declining 45 percent and the value 6 percent lower than on Tuesday, with trading in 56 securities compared with 62 on Tuesday, with prices of 16 rising, 25 declining and 15 ending unchanged.

The market closed with 7,575,501 shares trading for $74,612,967, down from 13,806,979 stock units at $79,573,053 on Tuesday.
Trading averaged 135,277 shares at $1,332,277, compared with 222,693 stocks at $1,283,436 on Tuesday and month to date, an average of 204,381 stock units at $1,509,365, down from 236,630 shares at $1,592,006 on the prior trading day and July with an average of 270,399 stock units at $2,493,078.
Transjamaican Highway led trading with 2.59 million shares for 34.2 percent of total volume, followed by NCB Financial which ended with 1.58 million stocks for 20.8 percent of the day’s trade and Sagicor Select Manufacturing & Distribution Fund with 1.27 million stock units for 16.8 percent of the day’s trade.
The All Jamaican Composite Index sank 1,764.69 points to 352,994.36, the JSE Main Index declined by 930.06 points to end at 306,813.04 and the JSE Financial Index slipped 0.46 points to 61.80. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.4. 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 2025.
At the close of the market, AS Bryden advanced $1.25 to $26.25 with investors trading 100 shares, Caribbean Cement rose $8 to $96, with the trading of 10,172 stocks, Eppley Caribbean Property Fund rallied $4.50 to close at $42.50 with investors swapping 545 stock units. General Accident increased 39 cents to finish at $5.39 after closing with an exchange of 1,277 shares, GraceKennedy skidded $3 and ended at $69 with investors dealing in 35,046 stock units, Guardian Holdings popped $10 to end at $320 after a transfer of 202 shares. JMMB Group gained 87 cents in closing at $19.38 with traders switching ownership of 5,813 stock units, Massy Holdings fell $1.30 to $76 as investors exchanged 42,049 units, NCB Financial climbed $2.60 to close at $30.60 with traders clearing 1,579,193 stocks from the market. 138 Student Living rose 42 cents to finish at a 52 week high of $4.65 with investors trading 7,908 shares, Pan Jamaica shed $1.60 and ended at $48.90 with 2,058 stocks crossing the market, Proven Investments sank 80 cents to end at $16.50 in trading 16,767 units. Sagicor Group declined 49 cents in closing at $41 with 2,100 stock units passing through the market, Scotia Group fell 50 cents to $52.50 after trading of 11,106 shares, Seprod slipped $1 to finish at $84 with an exchange of 1,166 stocks and Wisynco Group lost 75 cents and ended at $20 with 120,495 units crossing the market.

In the preference segment, 138 Student Living preference share advanced $3 to close at $213 after an exchange of 5 stock units, Sygnus Credit Investments 10% dipped $7.95 to end at $100 with a transfer of 609 shares and Sygnus Credit Investments C10.5% popped $2.99 to $107.99 after an exchange of 6,001 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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