Trading falls back on JSE Main Market


Following the trading of 5.2 million GraceKennedy shares worth $377.6 million the Jamaica Stock Exchange Main Market ended activity on Thursday, with the volume of stocks exchanged declining by 82 percent and the value 77 percent lower than Wednesday, with Wigton Energy accounting for 40 percent of trading from 58 securities down from 60 on Wednesday, with prices of 15 rising, 25 declining and 18 ending unchanged.

The market closed with trading of just 7,389,877 shares valued at $109,962,525 versus 41,544,650 stock units at $485,714,988 on Wednesday.
Trading ended with an average of 127,412 shares at $1,895,906, well below the 692,411 stocks at $8,095,250 on Wednesday and for the month to date, an average of 998,042 units at $39,035,197 down from 1,119,427 shares at $44,213,271 on the previous day and February with an average of 405,332 stock units at $1,953,730.
Wigton Energy led trading with 2.94 million shares for 39.8 percent of total volume followed by Transjamaican Highway with 1.83 million units for 24.7 percent of the day’s trade and Massy Holdings with 991,529 stocks for 13.4 percent of the volume traded.
The All Jamaican Composite Index fell 1,694.22 points to end trading at 377,201.91, the JSE Main Index skidded 1,421.60 points to 325,694.75 and the JSE Financial Index dipped 0.30 points to conclude trading at 67.76. The Investor’s Choice bid-offer indicator shows 11 stocks ending with bids higher than their last selling prices and four with lower offers.
The Main Market ended trading with an average PE Ratio of 15. The JSE Main and 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, Berger Paints lost 60 cents to finish at $7.15 with a transfer of 6,866 shares, Eppley shed $2.17 and ended at $33.33 with 11,421 stock units crossing the market, Eppley Caribbean Property Fund dropped $7.28 to $30 in switching ownership of 4,602 shares. JMMB Group sank 50 cents in closing at $21.60 after an exchange of 3,634 stock units, Kingston Properties rallied 62 cents to close at $8.52 with investors trading 14,000 shares, Kingston Wharves increased $2.15 to end at $29.65 with 2,717 units changing hands. Lasco Manufacturing climbed 50 cents to $7.50 in trading 7,823 stocks, Massy Holdings rose 52 cents to close at $81.50 as investors exchanged 991,529 stock units, Mayberry Group gained 41 cents to end at $8 in trading 16,609 shares. NCB Financial dipped 35 cents in closing at $45.20 with 115,459 stocks crossing the exchange, Pan Jamaica sank 35 cents and ended at $52 with investors swapping 26,240 units, Scotia Group skidded $1.20 to finish at $57.50 after an exchange of 32,662 stock units and Stanley Motta popped 54 cents and ended at $6.95 with an exchange of 50 shares.

In the preference segment, 138 Student Living preference share advanced $34.99 to $290 in an exchange of 2 stocks and Sygnus Credit Investments C10.5% popped $3.95 to end at $100 with traders dealing in 1,221 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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