Trading picks up on JSE Main Market

The Jamaica Stock Exchange Main Market closed lower on Monday, following an 8 percent rise in the volume of stocks traded, value 84 percent more than on Friday, with trading in 59 securities compared with 58 previously and ending with prices of 17 stocks rising, 23 declining and 19 ending unchanged after Berger Paints and Sagicor Select Manufacturing & Distribution Fund both traded at 52 weeks’ high.
The market closed with trading of 30,398,621 shares for $182,144,563 compared with 28,048,957 units at $98,812,380 on Friday.
Trading averaged 515,231 shares at $3,087,196 compared to 483,603 units at $1,703,662 on Friday and month to date, an average of 276,041 units at $1,420,730 compared with 228,041 units at $1,086,304 on the previous trading day and May that closed with an average of 336,947 units at $2,177,110.
Wigton Windfarm led trading with 8.40 million shares for 27.6 percent of total volume followed by JMMB 9.5% preference share with 5.63 million units for 18.5 percent of the day’s trade. Sagicor Select Financial Fund ended with 4.89 million units changing hands for 16.1 percent market share, Sagicor Select Manufacturing & Distribution Fund closed with 2.47 million units for 8.1 percent of the market volume, Palace Amusement had an exchange of 1.58 million units for 5.2 percent of the market and Transjamaican Highway 1.33 million units for 4.4 percent of total volume.
The All Jamaican Composite Index slipped 3,400.86 points to 357,350.17, the JSE Main Index shed 2,739.68 points to 318,089.94 and the JSE Financial Index skidded 0.90 points to end the day at 68.02.
The Main Market ended trading with an average PE Ratio of 14.3. 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 12 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, AS Bryden declined by $2.50 to $34 after 227 stock units passed through the market, Berger Paints increased $1.88 to end at a 52 weeks’ closing high of $10.14 after the price hit an intraday high of $11.98 and closed with an exchange of 12,690 shares, Caribbean Cement lost $2 in closing at $60.50 with investors dealing in 106,126 units. Eppley Caribbean Property Fund dropped $1.24 to end at $38.76, with 3,609 stocks changing hands, First Rock Real Estate sank 80 cents and ended at $9.20 with a transfer of 14,773 shares, Jamaica Broilers skidded $1.74 to finish at $32.01 after an exchange of 40,457 stock units. Jamaica Producers fell 53 cents and ended at $22.01 with 900,385 stocks clearing the market, Kingston Properties dipped 48 cents to $8 after a transfer of 11,968 units, Margaritaville dropped $1.65 to close at $14.30 in switching ownership of 3,753 shares. NCB Financial shed $1 to finish at $61.90 after an exchange of 28,435 stock units, Proven Investments sank $2.44 in closing at $18.55 with investors swapping 6,750 stocks, Sagicor Group popped $1.98 to end at $41.98, with 8,580 units crossing the market. Scotia Group advanced 34 cents in closing at $44.75 with an exchange of 540,060 shares, Seprod lost $1 to end at $79 and closed with an exchange of 100,666 units and Stanley Motta skidded 30 cents to close at $7 in an exchange of 1,616 stocks.
In the preference segment, Eppley 7.50% preference share rose 70 cents to end at $7.29 with investors trading 535 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.