A 56 percent jump in the volume of stocks traded on Thursday was funded by a 230 percent jump in funds passing through the Main Market of the Jamaica Stock Exchange compared with Wednesday, even as trading ended with activities in 56 securities, down from 60 on Wednesday. The market closed with prices of 25 stocks rising, 17 declining and 14 ending unchanged.
Market activity concluded with an exchange of 11,535,147 shares, worth $180,404,058, after soaring from 7,408,031 shares, valued at $54,644,759 on Wednesday.
Trading averaged 205,985 shares for $3,221,501, up from 123,467 units at $910,746 on Wednesday and month to date, an average of 206,335 units at $1,530,018 from 206,361 shares at $1,403,213 on the previous day and November with an average of 279,326 stock units at $1,890,583.
Pan Jamaica led trading with 2.50 million shares for 21.7 percent of total volume, followed by Transjamaican Highway, with 1.85 million stocks for 16 percent of the day’s trade, Wigton Energy closed with 1.81 million stock units for 15.7 percent of the volume traded and Tropical Battery with 1.08 million shares for 9.4 percent of market share.
The All Jamaican Composite Index shed 1,943.82 points to settle at 361,621.99, the JSE Main Index dipped 855.61 points to close at 314,799.28 and the JSE Financial Index slipped 0.27 points to 64.06. At the close of trading, the Investor’s Choice bid-offer indicator shows six stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.1. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts compiled by ICInsider.com for companies with their financial year ending around August 2026.
At the close of the market, AS Bryden rose $2 to close at $30 with 329 shares clearing the market, Barita Investments sank 50 cents to $71.50 in an exchange of 75,953 stock units, Eppley Caribbean Property Fund gained $4.40 to end at $44.40 with a mere one share passing through the market. General Accident popped 43 cents in closing at $6.15 in trading of 61,240 units, JMMB Group increased 79 cents to finish at $17.80 with dealers switching ownership of 50,220 stocks, Kingston Wharves climbed $2.28 and ended at $32 after trading of 11,810 shares. Mayberry Jamaican Equities advanced $1.60 to $8 with 13,902 stock units crossing the market,
NCB Financial rallied $2 to end at $44 with investors trading 46,634 stocks, 138 Student Living declined 43 cents to $3.36 after an exchange of 104,289 units. Sagicor Group rose 55 cents and ended at $40 with 22,180 shares crossing the market, Seprod climbed $7.88 to close at $88.88 with traders dealing in 23,754 stocks, Supreme Ventures fell 55 cents to finish at $15.45 after a transfer of 157,567 units and Wisynco Group slipped 40 cents to $19.50 with investors swapping 133,419 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.