Trading falters on the JSE Main Market

Trading pulled back from Tuesday’s more healthy levels on the Jamaica Stock Exchange Main Market at the close of the market on Wednesday, with the volume of stocks traded rising 95 percent with a 64 percent lower value than on Tuesday, with trading taking place in 57 securities compared with 60 on Tuesday, with prices of 26 stocks rising, 19 declining and 12 ending unchanged.
The market closed with trading of 28,514,210 shares for $142,749,199 compared with 14,595,442 units at $395,682,969 on Tuesday.
Trading averaged 500,249 shares at $2,504,372 compared to 243,257 stocks at $6,594,716 on Tuesday and month to date, an average of 585,844 units at $8,098,380 compared with 590,792 shares at $8,421,766 on the previous day and August that ended with an average of 290,511 units at $2,258,494.
Transjamaican Highway led trading with 21.07 million shares for 73.9 percent of total volume followed by Wigton Windfarm with 2.25 million units for 7.9 percent of the day’s trade and Carreras with 952,018 stocks for 3.3 percent market share.
The All Jamaican Composite Index rallied 776.64 points to close trading at 349,959.17, the JSE Main Index slipped 693.16 points to settle at 307,547.03 and the JSE Financial Index lost 0.10 points to end trading at 65.02.
The Main Market ended trading with an average PE Ratio of 14. 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.
Investor’s Choice bid-offer indicator shows 16 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close of trading, Berger Paints climbed 62 cents to $6.85 after 133,088 stock units changed hands, Caribbean Cement shed $1.25 in ending at $63.50 with 46,893 units crossing the exchange, Eppley popped 98 cents to $36 in switching ownership of 1,533 shares. First Rock Real Estate dropped 60 cents to close at $10 with 450 stock units crossing the market, General Accident lost 40 cents in closing at $6.50 with an exchange of 119,350 shares, GraceKennedy increased 85 cents to end at $74.25 after 228,987 stock units passed through the market. Jamaica Broilers skidded $1.01 to $33.99 with an exchange of 273,511 units, Jamaica Stock Exchange sank 45 cents and ended at $10.20 with investors dealing in 225 stocks, Kingston Wharves dipped 58 cents in closing at $25.42 after an exchange of 13,617 shares. Massy Holdings advanced 50 cents to close at $78 in trading 105,519 stocks, NCB Financial rose 49 cents to end at $51.50 after a transfer of 21,097 units, Pan Jamaica rallied $2.79 to finish at $48.99 as investors exchanged 83,218 stock units. Sagicor Group fell $1.05 and ended at $38 with 73,750 shares clearing the market, Scotia Group gained $1.23 to $45.24 after an exchange of 93,197 stocks, Seprod popped $1.99 to close at $82 with investors trading 1,633 stock units. Supreme Ventures advanced $1.24 to finish at $22.75 after an exchange of 51,387 stock units and Wisynco Group rose 65 cents to end at $21 with investors trading 68,931 shares.
In the preference segment, Eppley 7.50% preference share gained 48 cents in closing at $6.69 with an exchange of 610 stocks and JMMB Group 7.15% – 2028 slipped 45 cents to $2.55 after trading of 20,134 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.