The Jamaica Stock Exchange Main Market rallied on Thursday following trading in 57 securities, down from 59 on Wednesday, with prices of 17 rising, 29 declining and 11 ending unchanged. The volume of stocks traded fell 11 percent, with the value 46 percent lower, compared to Wednesday.
The market closed the day with 13,066,430 shares being traded, down by 11 percent from the 14,609,258 stock units, with the value declining to $74,861,736, from $137,596,723 the prior day.
Trading ended with an average of 229,236 shares at $1,313,364, after falling from 247,615 stocks worth $2,332,148 on Wednesday and month to date, an average of 188,258 units valued $1,542,428 compared with 175,062 shares at $1,616,195 on the previous day and November with an average of 279,326 stock units at $1,890,583.
Transjamaican Highway led trading with 4.16 million shares for 31.9 percent of the total volume, followed by Lasco Manufacturing with 3.32 million stock units for 25.4 percent of the day’s trade and Wigton Energy with 2.39 million stock units for 18.3 percent of the volume traded.
The All Jamaican Composite Index climbed 2,416.15 points to end at 360,498.70, the JSE Main Index climbed by 701.10 points to end at 314,748.22 and the JSE Financial Index rallied 0.07 points to 64.15.
The Investor’s Choice bid-offer indicator closed with nine 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 13.1. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasted by ICInsider.com for companies with financial years, ending around August 2026.
At the close of the market, AS Bryden rallied $1.19 to close at $33.39, with investors dealing in 307 shares, Barita Investments increased $4 to $76 with 2,563 stock units being traded, Berger Paints fell 89 cents in closing at $5.81 after closing with an exchange of 31,373 shares. Caribbean Cement skidded $1.60 to end at $103 in trading 22,026 units, Eppley Caribbean Property Fund climbed $2.31 to finish at $46 after an exchange of 310 stock units, GraceKennedy lost 54 cents and ended at $72.46 with investors trading 34,614 shares. Guardian Holdings slipped $15 to $335 with an exchange of 6,437 stocks, Jamaica Producers rose 91 cents to end at $23 with 1,523 units clearing the market, Massy Holdings sank $1 in closing at $75 as investors exchanged 41,661 stock units. Mayberry Group advanced 50 cents and ended at $6.50 after a transfer of 19,833 shares,
NCB Financial declined $1.70 to close at $37.10 with investors trading 191,807 stocks, 138 Student Living shed 40 cents to finish at $3.50 in an exchange of 3,525 units. Pan Jamaica popped $1.99 to $54.99 with 263 stock units changing hands, Sagicor Group gained 50 cents in closing at $40 with a transfer of 6,295 shares, Sagicor Real Estate Fund popped 69 cents to end at $8.49 with 150 stock units crossing the market. Stanley Motta climbed 50 cents to finish at $6.50 with traders dealing in just 158 stocks, Sygnus Credit Investments dropped 90 cents and ended at $12 with 63,315 units crossing the exchange and Wisynco Group rose 58 cents to close at $19.88 with investors swapping 100,084 stocks.
In the preference segment, 138 Student Living preference share sank $37.50 to $212.50 with 144 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.