Trading drops on the JSE Main Market


Trading dropped on the Jamaica Stock Exchange Main Market on Wednesday, with a 31 percent drop in volume as the value slipped 42 percent lower compared to Tuesday, following an exchange of 59 securities up from 58 on Tuesday, with 21 rising, 23 declining and 15 ending unchanged, with the JSE Main Index climbing.

The market closed with 12,913,449 shares trading for $139,868,128, after rising from 18,731,691 stock units at $242,408,969 on Tuesday.
Trading averaged 218,872 shares at $2,370,646 after falling from 322,960 stock units at $4,179,465 on Tuesday. Trading month to date ended with an average of 226,674 units at $2,560,009 compared with 228,633 shares at $2,607,552 the preceding day and an average of 1,710,130 stock units at $16,217,430 in September.
Transjamaican Highway led trading with 7.06 million shares for 54.7 percent of total volume, followed by Sagicor Select Financial Fund with 1.75 million units for 13.6 percent of the day’s trade and Carreras with 892,034 stocks for 6.9 percent of the volume traded.
The All Jamaican Composite Index popped 3,974.61 points to end at 461,008.24, the JSE Main Index increased 4,262.38 points to settle at 385,643.79 and the JSE Financial Index gained 0.77 points to close at 75.84. At the close, the Investor’s Choice bid-offer indicator shows 14 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 15.7. ICInsider.com compiles the JSE Main Market PE ratios that are derived by dividing the last traded stock price by earnings per share for companies with the fiscal year ending around August 2027.
At the close of trading, AS Bryden slipped $1.98 to end at $17.02 in an exchange of 47,246 stock units, Barita Investments climbed $5.01 to $75 with investors dealing in 533 shares, Caribbean Producers lost $1.15 to end at $6.30 with 3,153 units crossing the market. Eppley Caribbean Property Fund popped $1.59 in closing at $42 with investors trading 2,000 stocks, First Rock Real Estate gained $1 and ended at $6 after an exchange of 962 shares, GraceKennedy dipped $2.50 to finish at $91 with investors swapping 141,536 stock units. Guardian Holdings rose $17 to $377 with 131 units crossing the exchange, Jamaica Producers rallied 43 cents to finish at $18.93 in switching ownership of 165 stocks, Jamaica Stock Exchange increased 65 cents and ended at $9.67 with a transfer of 1,682 units. JMMB Group advanced 64 cents to $17.65 with 41,747 stocks passing through the market, Margaritaville fell 65 cents in closing at $9 in trading of a mere one share, NCB Financial popped $2.50 to close at $74 with 59,781 stock units crossing the market. Pan Jamaica shed $1.10 to $43 ollowing a transfer of 648 shares, Proven Investments declined 55 cents to close at $9.30 with 1,701 units changing hands, Sagicor Group dropped 62 cents and ended at $42.28 in an exchange of 85,100 stocks. Scotia Group skidded $1.80 to end at $72.20 after trading of 3,267 stock units and Supreme Ventures increased 91 cents to $19.86 with 522,159 shares clearing the market.
Prices of securities trading are those of the last transaction.

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