Trading on the Jamaica Stock Exchange Main Market ended on Monday, with the volume of stocks traded diving 81 percent and the value 66 percent compared to Friday, following trading in 61 securities, similar to trading on Friday, with prices of 26 rising, 18 declining and 17 ending unchanged.
The market closed with 5,898,243 shares traded for just $42,246,380 compared with 30,644,804 stock units at $122,921,813 on Friday.
Trading averaged 96,693 shares for $692,564, down sharply from 502,374 stock units at $2,015,112 on Friday and for the month to date, an average of 299,533 units at $1,353,838 compared to April with an average of 342,509 stock units at $2,726,829.
Transjamaican Highway led trading with 2.46 million shares for 41.7 percent of total volume followed by JMMB Group 7.35% – 2028 with 560,532 units for 9.5 percent of the day’s trade and Wigton Energy with 439,385 stocks for 7.4 percent of the volume traded.
The All Jamaican Composite Index declined 804.24 points to end at 411,283.72, the JSE Main Index sank 787.27 points to 347,777.94 and the JSE Financial Index dipped 0.24 points to finish at 64.69. At the close, the Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and none with a lower offer.
The Main Market ended trading with an average PE of 20.5. The JSE Main and the USD Market PE ratios are based on the last traded prices and projected profits done by ICInsider.com for the financial years ending around August 2026.
At the close of the market, Caribbean Cement gained $1.78 to finish at $104.78 after an exchange of 3,712 shares, Carreras rose 59 cents and ended at $22.74 with 313,887 stock units changing hands, Eppley Caribbean Property Fund skidded $3.46 to $42 as investors exchanged 706 shares. First Rock Real Estate climbed 93 cents to end at $9.74 in switching ownership of 627 units, GraceKennedy fell $1 in closing at $71 with traders dealing in 20,042 stocks, Guardian Holdings increased $11 to close at $346 after an exchange of 4,923 units. Jamaica Broilers popped 41 cents to $15.66, with 21,449 stocks crossing the market, Jamaica Producers shed $1 to finish at $25 with investors dealing in 11 shares, Margaritaville advanced $1.11 and ended at $11.41 in an exchange of 4 stock units.
Mayberry Jamaican Equities sank 64 cents to end at $6.51 following trading of 20,518 shares, Sagicor Real Estate Fund rallied 60 cents in closing at $10.90 after a transfer of 2,149 stock units and Scotia Group popped $1.04 to close at $52, with 6,318 units crossing the exchange.
In the preferred share segment, Jamaica Public Service 7% gained 99 cents to finish at $42.99 with investors trading 304 stocks, Jamaica Public Service 9.5% dipped $49 to close at $2,550 with 50 units being traded, 138 Student Living preference share rose $20 and ended at $220 in an exchange of 11 stocks and Sygnus Credit Investments 10% rallied $1 to finish at $109 and closed with 4 shares changing hands.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.