Trading on the Jamaica Stock Exchange Main Market ended on Friday, with a 61 percent jump in the volume of stocks traded accompanied by a 344 percent surge in value over Thursday’s activities, following trading in 59 securities compared with 60 on Thursday, with prices of 26 rising, 17 declining and 16 ending unchanged.
The market closed with 16,121,646 shares trading for $289,183,399 compared with 10,010,074 stock units at $65,070,056 on Thursday.
Trading averaged 273,248 shares at $4,901,414 up from just 166,835 stocks at $1,084,501 on Thursday and month to date, an average of 1,703,635 stocks at $76,220,676 compared with 2,188,651 shares at $100,403,644 on the previous day and February with an average of 405,332 stock units at $1,953,730.
Kingston Wharves led trading with 4.0 million shares for 24.8 percent of total volume followed by Sagicor Select Financial Fund which ended with 2.27 million stocks for 14.1 percent of the day’s trade, Transjamaican Highway closed with 2.21 million units for 13.7 percent of the volume traded, Sagicor Select Manufacturing & Distribution Fund ended with 1.67 million shares for 10.3 percent of the day’s volume and NCB Financial with 1.40 million units for 8.7 percent of market share after the price hit a new 52 weeks’ intraday low of $43.
The All Jamaican Composite Index climbed 1,628.08 points to wrap up trading at 381,038.54, the JSE Main Index rallied 1,734.11 points to conclude trading at 328,873.32 and the JSE Financial Index popped 0.17 points to 67.83. The Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and six with lower offers.
The Main Market ended trading with an average PE Ratio of 16.4. The JSE Main and USD Market PE ratios are based on last traded prices and earnings forecasted by ICInsider.com for companies with financial year ending around August 2025.
At the close of the market, Caribbean Cement shed $1.11 to $85.39 with an exchange of 2,993 stocks, Eppley Caribbean Property Fund fell 50 cents to $35.55 with 2,664 shares being traded, Jamaica Broilers rallied 39 cents to end at $35.40 as investors exchanged 234,728 stocks. Jamaica Producers rose 77 cents to finish at $24.75 after 562,628 units passed through the market, JMMB Group declined $1.23 and ended at $20.77 with investors dealing in 6,020 stocks, Kingston Wharves fell $1.65 to close at $28 with 4,003,132 units crossing the market. Lasco Distributors rallied 40 cents to $5.10 with a transfer of 40,288 shares, Massy Holdings increased $4 to close at $81.50 and ended with 40,927 stock units, Pan Jamaica popped $1.98 to $53 in an exchange of 6,021 shares. Proven Investments rose 82 cents and ended at $18.82 with investors trading 6,411 stock units, Salada Foods dipped 38 cents to end at $3.20 after an exchange of 3,139 stock units, Supreme Ventures gained 50 cents in closing at $19 with 54,605 units clearing the market and Sygnus Real Estate Finance sank 42 cents to $8.83 in switching ownership of 352 shares.
In the preference segment, 138 Student Living preferred skidded $10.75 to end at $259.25 in trading 20 units, Productive Business Solutions 10.5% preference share rose $87 in closing at $980 after a transfer of 1,080 stocks, Sygnus Credit Investments 10% sank $4.73 to close at $110.77 with investors swapping 15 stock units and Sygnus Credit Investments C10.5% slipped $2 to finish at $100 after an exchange of 196 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.