The Jamaica Stock Exchange Main Market closed on Monday, following trading in 61 securities, up from 57 on Friday, with prices of 21 rising, 23 declining and 17 ending unchanged after a 44 percent jump in volume and a 119 percent spike in value compared to Friday, after Sagicor Select Manufacturing & Distribution Fund led trading with 54 percent of the day’s volume.
The market closed with 24,498,867 shares trading for $160,004,590, in climbing from 17,049,464 stock units at $72,943,349 on Friday.
Trading averaged 401,621 shares at $2,623,026, rising from 299,113 stock units at $1,279,708 on Friday and month to date, an average of 219,632 units at $1,496,877 after an increase from 200,190 shares at $1,376,570 on the previous day and November with an average of 279,326 stock units at $1,890,583.
Sagicor Select Manufacturing & Distribution Fund led trading with 13.29 million shares for 54.2 percent of total volume, followed by JMMB Group, ending with 6.60 million stocks for 26.9 percent of the day’s trade and Transjamaican Highway with 2.11 million units for 8.6 percent of the day’s trade.
The All Jamaican Composite Index increased 423.23 points to 360,864.65, the JSE Main Index advanced 1,171.25 points to 314,206.77 and the JSE Financial Index slipped 0.35 points to 63.07. At the close, the Investor’s Choice bid-offer indicator shows 13 stocks ending with bids higher than their last selling prices and four 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 by ICInsider.com for companies with the financial year ending around August 2026.
At the close of the trading, AS Bryden rallied $2.90 to finish at $30 with an exchange of 10,309 shares, Barita Investments fell $3.45 and ended at $71.51 with 6,467 stock units crossing the market, Caribbean Cement rose $2 to $112 with traders dealing in 24,913 shares. Eppley sank $3.30 in closing at $31.20 with 9,115 stocks crossing the exchange, Jamaica Broilers declined 50 cents to end at $17 in trading 31,032 units, Kingston Properties climbed 40 cents to close at $9.10 after dealings in 1,841 shares. Kingston Wharves popped $4.80 to $36.80 in an exchange of 22,483 stock units, Margaritaville shed $3.37 to finish at $11.58 with 1,470 stocks crossing the market,
Mayberry Jamaican Equities increased $1.32 and ended at $8.80 with a transfer of 3,912 units. Proven Investments advanced 90 cents to close at $15 after an exchange of 1,668 shares, Sagicor Real Estate Fund lost 42 cents to end at $8 with 2,531 units passing through the market and Scotia Group shed 62 cents in closing at $52.50 with 56,522 stocks switching ownership.
In the preference segment, Jamaica Public Service 7% gained $1.50 to $41.50 as investors exchanged 163 stock units, 138 Student Living preference share rose $20 and ended at $220 with 317 shares changing hands and Productive Business Solutions 10.5% sank $100 to finish at $1,050 after an exchange of 89 stocks.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.