Trading fell on the JSE Main Market 


The Jamaica Stock Exchange Main Market shed over 3,200 points on Wednesday, even as prices of 24 stocks rose, 23 declined and 12 ended firm. Trading resulted in the exchange of 59 securities compared to 63 on Tuesday, with the volume of stocks traded declining 24 percent and the value 32 percent lower compared to trading on Tuesday.

The market closed with 11,655,439 shares trading worth $101,650,621 after sliding from 15,264,024 stock units at $150,066,974 on Tuesday. Trading averaged 197,550 shares at $1,722,892, after declining from 242,286 stock units at $2,382,015 on Tuesday and month to date, an average of 228,163 stock units at $1,841,376 compared to 232,383 shares at $1,857,709 on Tuesday and January with an average of 271,336 stock units at $2,043,022. Transjamaican Highway led trading with 5.49 million shares for 47.1 percent of total volume, followed by Tropical Battery, ended with 1.26 million units for 10.9 percent of the day’s trade and Jamaica Producers, with 873,884 stocks for 7.5 percent of the volume traded.
The All Jamaican Composite Index skidded 1,472.60 points to end trading at 400,728.57, the JSE Main Index sank 3,288.92 points to close at 341,922.65 and the JSE Financial Index dipped 0.45 points to close trading at 62.09.
At the close, the Investor’s Choice bid-offer indicator shows 15 stocks ending with bids higher than their last selling prices and seven with lower offers. The Main Market ended trading with an average PE Ratio of 17.7. The JSE Main and the 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 2026.
At the close of the market, AS Bryden declined 60 cents to finish at $30 with 5,589 shares crossing the market, Barita Investments climbed by $1.24 and ended at $70.25 with traders dealing in 176 units, Caribbean Cement rallied $1 to $114 with 13,326 shares changing hands. Eppley fell $1.39 in closing at $32.56 with 1,280 stock units passing through the market, Eppley Caribbean Property Fund skidded $8.50 to end at $38.50 with investors dealing in 1,105 stocks, GraceKennedy rose $1.40 to close at $71.50 with 15,596 units clearing the market. Jamaica Stock Exchange sank 54 cents to $10.66 with investors swapping 202,300 stocks, Massy Holdings climbed 50 cents to $74.50 after an exchange of 6,502 shares, 138 Student Living increased 47 cents to close at $3.47 with investors trading 5,937 stock units. Pan Jamaica gained $2.60 and ended at $48.10 with an exchange of 6,811 shares, Proven Investments shed 74 cents to finish at $13.10 trading 24,712 units, Scotia Group dropped $1.15 to end at $50.10 with a transfer of 98,843 stocks. Seprod dropped $2.14 to close at $78.86 with 5,431 stock units crossing the exchange and Stanley Motta advanced 47 cents to close at $6.50 in trading 199 shares.
In preference segment trading, Jamaica Public Service 7% rose 45 cents to finish at $43.45 after swapping 51 stocks. Jamaica Public Service 9.5% rallied $85 and ended at $2,585 with investors switching ownership of 4 units and Sygnus Credit Investments 10% dipped $4 in closing at $103 after a transfer of 763 stock units.

Prices of securities trading are those for the last transaction of each stock unless otherwise state

About IC Insider.com