Trading on the Jamaica Stock Exchange Main Market dipped on Monday, following activities in 62 securities, from 58 on Friday, with prices of 22 rising, 25 declining and 15 ending unchanged. The number of shares traded declined by 6 percent, with a 7 percent lower value compared to Friday.
The market closed with 10,511,029 shares trading valued $85,903,688, down from 11,151,447 stock units at $92,004,030 on Friday.
Trading averaged 169,533 shares at $1,385,543 after decreasing from 192,266 stock units at $1,586,276 on Friday. For the month to date, trading averages 207,606 units at $2,181,105, in sliding from 211,266 shares at $2,257,577 on the prior trading day and in April with an average of 342,509 stock units at $2,726,829.
Transjamaican Highway led trading with 3.22 million shares for 30.7 percent of total volume followed by Sagicor Select Financial Fund which ended with 1.75 million stocks for 16.7 percent of the day’s trade, Wigton Energy closed with 1.18 million stock units for 11.3 percent of the volume traded and Supreme Ventures with 1.16 million shares for 11 percent of market share.
The All Jamaican Composite Index slipped 1,444.32 points to finish at 409,765.29, the JSE Main Index fell 2,160.53 points to 347,502.05 and the JSE Financial Index lost 0.91 points to close at 64.59. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 15.4. ICInsider.com compiles the JSE Main and the USD Market PE ratios based on last traded prices and earnings forecasts for companies with the financial year ending around August 2026.
At the close of trading, Caribbean Cement popped 90 cents to finish at $103 as investors exchanged 9,692 shares, Eppley Caribbean Property Fund slipped by $2 to $44 with 971 stock units clearing the market, General Accident rallied by 96 cents to conclude the trading of 1,056 shares at a 52 weeks high of $8.95, GraceKennedy climbed 82 cents and ended at $72.32 with 6,836 units passing through the market, Guardian Holdings fell $28.75 to $320 in switching ownership of 5,186 stocks, Jamaica Broilers gained 45 cents to close at $15.65 with investors dealing in 18,791 units. Jamaica Producers skidded 99 cents tto $24 after an exchange of 4,574 stocks, JMMB Group fell 59 cents to $15.21 in trading 11,046 shares, Kingston Properties declined $1.48 and ended at $10.50 with 8,922 stock units changing hands. Margaritaville climbed $1.56 to end at $11.86 with an exchange of 18 shares, Mayberry Group shed 49 cents to finish at $5.51 with 13,908 stocks crossing the market, Proven Investments dropped $1.19 to close at $11.40 with investors trading 3,628 units.
Scotia Group increased 51 cents to $53.51 with 117,892 stock units crossing the exchange, Seprod rallied 76 cents to finish at $82 with investors swapping 3,314 shares, Supreme Ventures popped 75 cents and ended at $17.25 with 1,158,538 units crossing the market. Sygnus Credit Investments lost 70 cents to end at $10.20 after an exchange of 9,932 stocks and Sygnus Real Estate Finance rallied $1.15 in closing at $10.65 after traders dealt in 500 stock units.
In the preference segment, Jamaica Public Service 9.5% dipped $11 to close at $2,389 with a transfer of 13 shares. 138 Student Living preference share sank $8 to $212 following trading of 8 stock units and Sygnus Credit Investments 10% fell $5 to finish at $104 in an exchange of 1,018 units.
Prices of traded securities are those of the last transaction unless otherwise stated.