Trading jumps on the JSE Main Market

Trading jumped on the Jamaica Stock Exchange Main Market ended on Thursday, with the volume of stocks traded jumping 207 percent with a 629 percent higher value than on Wednesday, following trading in 62 securities compared with 61 on Wednesday, with prices of 14 stocks rising, 29 declining and 19 ending unchanged.
The market closed with 9,575,838 shares trading for $259,212,134 compared with 3,117,397 units at $35,533,347 on Wednesday.

Trading averaged 154,449 shares at $4,180,841 compared to 51,105 units at $582,514 on Wednesday and month to date, an average of 163,955 stocks at $1,504,083 compared with 164,797 shares at $1,266,999 on the previous day and September with an average of 592,167 units at $8,859,784.

GraceKennedy led trading with 2.52 million shares for 26.4 percent of total volume followed by QWI Investments with 2.20 million stock units for 22.9 percent of the day’s trade, with the price hitting an intraday 52 weeks’ high of 89 cents. Wigton Windfarm ended with 1.03 million stock units for 10.7 percent market share and Pan Jamaica closed with 1.0 million shares for 10.5 percent of total volume.

The All Jamaican Composite Index sank 822.30 points to wrap up trading at 358,114.95, the JSE Main Index declined 145.24 points to end the day at 313,041.43 and the JSE Financial Index skidded 0.51 points to settle at 65.20.
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 13 stocks ended with bids higher than their last selling prices and one with a lower offer.

At the close of trading, AS Bryden declined 80 cents in closing at $35.50 in an exchange of 1,101 stock units, Carreras rallied 65 cents to a 52 weeks’ high of $11.45 with 84,605 shares passing through the market, Eppley sank $4.99 to finish at $32.01 with 697 stocks crossing the exchange. Eppley Caribbean Property Fund skidded $2.89 and ended at $39.01 with investors dealing in 443 units, First Rock Real Estate sank 54 cents to end at $10 after a transfer of 325 stocks, GraceKennedy shed 50 cents to close at $73.80 with traders dealing in 2,524,231 shares. Jamaica Producers increased 88 cents to $20.94 in an exchange of 22 stock units, JMMB Group popped 63 cents to $22.30 after investors traded 25,146 units, Key Insurance lost 68 cents to end at $2.01 with a transfer of 10,203 shares.  Massy Holdings slipped $1.50 in closing at $74 with 5,847 stock units crossing the market, NCB Financial fell 96 cents to close at $52.54 after an exchange of 52,593 stocks, Pan Jamaica dropped $1.90 to finish at $47 with 1,003,002 units clearing the market. Sagicor Group dipped 95 cents to $39.05 in switching ownership of 15,393 stocks, Seprod climbed $2.50 in closing at $83 with 4,419 units changing hands and Wisynco Group rose $1.07 to finish at $21.44 with investors swapping 6,124 shares.

In the preference segment, Eppley 7.50% preference share advanced 61 cents and ended at $6.59 with 86 stock units crossing the market, Jamaica Public Service 7% gained $4.90 to end at $44 as investors exchanged 58 shares and 138 Student Living preference share rose $16.98 to close at $186.76 after trading of just 2 stocks.

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

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