Trading jumps on the JSE Main Market

Trading climbed on the Jamaica Stock Exchange Main Market on Friday, with the volume of stocks traded rising 156 percent, with the value 123 percent more than on Thursday, with trading in 62 securities compared with 60 on Thursday, resulting in prices of 22 stocks rising, 26 declining and 14 ending unchanged.
Trading of 16,107,185 shares ended with an exchange of $138,294,154 compared with 6,285,352 units at $62,015,913 on Thursday.
Trading averaged 259,793 shares at $2,230,551 compared to 104,756 units at $1,033,599 on Thursday and month to date, an average of 167,265 units at $1,205,421 compared with 153,638 units at $1,054,452 on the previous day and April that closed with an average of 680,802 units at $3,619,595.
Wigton Windfarm led trading with 4.66 million shares for 28.9 percent of total volume followed by JMMB 9.5% preference share with 4.11 million units for 25.5 percent of the day’s trade, Transjamaican Highway closed with 2.24 million units for 13.9 percent market share and JMMB Group with 1.05 million units for 6.5 percent of total volume.
The All Jamaican Composite Index sank 624.47 points to close trading at 356,196.59, the JSE Main Index declined 1,389.45 points to 318,562.02 and the JSE Financial Index slipped 0.28 points to 67.84.
The Main Market closed with an average PE Ratio of 12.6. The JSE Main and USD Market PE ratios are based on the 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 14 stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, AS Bryden gained 51 cents to land at $38.47 after 29 shares passed through the market, Barita Investments lost $2.43 and ended at $70.04 with investors swapping 11,169 shares, Caribbean Cement rose $3.47 in closing at $64.98, with 25,889 stocks crossing the market. Caribbean Producers shed 30 cents to close at $8.20 in an exchange of 19,126 units, Eppley declined $2.49 to finish at $37.01 and closed with an exchange of 972 stocks, First Rock Real Estate fell $1.50 to $8.40, with 45 units clearing the market. General Accident climbed 49 cents to $6.99 as investors exchanged 7 shares, GraceKennedy popped $2.50 to end at $76 after a transfer of 30,259 stock units, Guardian Holdings advanced $10 in closing at $370 in switching ownership of 8 shares. Jamaica Broilers skidded 40 cents to close at $31.10, with 73,385 units crossing the exchange, Lasco Manufacturing gained 32 cents to end at $5.47 with a transfer of 5,600 stocks, Margaritaville sank 73 cents to finish at $15 with investors exchanging 228 stock units. Massy Holdings slipped $2 to $88 with investors trading 1,987 shares, NCB Financial dipped 48 cents to finish at $64 after an exchange of 467,997 units, Pan Jamaica dipped 30 cents and ended at $45.20 with investors dealing in 732,442 stocks. Proven Investments shed $1.03 in closing at $20 after trading 8,527 stock units, Sagicor Group dropped $1.07 to close at $40.19 with investors transferring 8,461 shares, Scotia Group sank 65 cents to end at $42.50 in an exchange of 11,068 stocks. Seprod dipped $4.50 to $77, with 15,309 units changing hands and Supreme Ventures rallied 51 cents and ended at $25.07 in trading 271,964 stock units.
In the preference segment, Eppley 7.50% preference share popped 48 cents in closing at $6.13, with 94 shares crossing the market and Jamaica Public Service 7% gained $5.40 to end at $48 with traders dealing in 124 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.