Trading jumps on the JSE Main Market


Trading picked on the Jamaica Stock Exchange Main Market on Tuesday, with a 109 percent jump in volume and a 149 percent climb in value than on Monday, with trading in 56 securities down from 61 on Monday, with prices of 19 rising, 21 declining and 16 ending unchanged.

The market closed with 13,204,953 shares trading for $94,301,130 up from 6,309,844 stock units at $37,898,847 on Monday.
Trading averaged 235,803 shares for $1,683,949 up from 103,440 stocks at $621,293 on Monday and month to date, with an average of 412,025 units at $1,844,150 in line with 422,305 shares at $1,853,495 on the previous day and January with an average of 257,074 stock units at $2,582,065.
Transjamaican Highway led trading with 3.64 million shares for 27.6 percent of total volume ahead of the public share offer by NROCC at an offer of 2.5 billion priced at $3.60. Wigton Energy followed with 2.45 million stocks for 18.6 percent of the day’s trade, Sagicor Select Financial Fund closed with 2.02 million stocks for 15.3 percent of the volume traded and Carreras with 1.77 million units for 13.4 percent of market trade.
The All Jamaican Composite Index rallied 547.34 points to close at 378,491.97, the JSE Main Index fell 246.87 points to close trading at 327,311.90 and the JSE Financial Index gained 0.27 points to 67.70. The Investor’s Choice bid-offer indicator shows 12 stocks ending with bids higher than their last selling prices and three with lower offers.
The Main Market ended trading with an average PE Ratio of 15.5. 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.
At the close of the market, Berger Paints rose 72 cents to $7.87 in switching ownership of a mere 125 stocks, Caribbean Cement shed $1.97 in closing at $84.03 with investors dealing in 5,094 shares, Eppley Caribbean Property Fund fell $3.39 to end at $36.06 with 1,070 stocks clearing the market. First Rock Real Estate gained 70 cents in closing at $9.30 after an exchange of 20,930 units, Guardian Holdings lost $5.75 to finish at $304 with 57 stocks crossing the market, Jamaica Broilers sank $1.07 and ended at $35.22 as investors exchanged 6,060 shares. Jamaica Producers popped $1 to $25 in the trading of 113,640 stock units, JMMB Group rallied 85 cents to end at $22 with a transfer of 432,741 units, Margaritaville dipped 52 cents in closing at $14.20 with 22 stocks changing hands. NCB Financial sank 70 cents and ended at a 52 weeks’ low of $46.50 with investors trading 65,425 units, with bids to purchase the stock, looking weak. Pan Jamaica increased $6.24 to close at $56.79 after 43,380 shares passed through the market, Proven Investments skidded $1.23 to finish at $17.50 with investors swapping 431,095 stock units. Sagicor Group climbed $3.51 to $41.50 and closed with 99,566 shares changing hands, Scotia Group shed 60 cents and ended at $57.40 in trading 79,455 stock units, Seprod advanced $1.94 to close at $87 after a transfer of 39,910 units. Supreme Ventures declined $1.67 in closing at $19.30 with investors trading 53,948 stocks, Sygnus Credit Investments slipped 36 cents to end at $13 in an exchange of 7,328 units and Sygnus Real Estate Finance rose $1.02 to finish at $9.70 with traders dealing in 34,953 stocks.
In the preference segment, JMMB Group 7.15% – 2028 climbed 40 cents to $3 with just one share crossing the exchange, 138 Student Living preference share increased $19.56 to end at $259.56 after an exchange of 102 stock units and Sygnus Credit Investments C10.5% popped $1.30 in closing at $101.30 after a mere one share ended crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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