Trading picks up on the JSE Main Market

Falling prices dominated those rising at the close of the Jamaica Stock Exchange Main Market on Wednesday, following trading in 57 securities down from 62 on Tuesday, with prices of 18 rising, 25 declining and 14 ending unchanged, with the volume of stocks traded, rising 25 percent with a 27 percent greater value than on Tuesday.
The market closed with trading of 7,896,278 shares for $62,829,037 up from 6,312,177 units at $49,633,997 on Tuesday.
Trading averaged 138,531 shares at $1,102,264 up from 101,809 units at $800,548 on Tuesday and month to date, an average of 150,866 units at $1,023,944 compared with 156,583 units at $987,649 on the previous day and May that closed with an average of 336,947 units at $2,177,110.
Transjamaican Highway led trading with 3.43 million shares for 43.5 percent of the volume followed by Wigton Windfarm with 1.68 million stocks for 21.3 percent of the day’s trade and Scotia Group with 360,975 units for 4.6 percent market share.
The All Jamaican Composite Index declined 1,046.83 points to 357,718.29, the JSE Main Index rose 1,447.87 points to end the day at 319,363.28 and the JSE Financial Index fell 0.14 points to close at 68.00.
The Main Market ended trading with an average PE Ratio of 14. 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 11 stocks ended with bids higher than their last selling prices and four with lower offers.
At the close of the market, Barita Investments dropped 30 cents in closing at $71.20 with 3,729 stock units clearing the market, Caribbean Cement rose 50 cents to $63 with investors swapping 17,789 shares, Eppley rallied $1 to $40 with 76 stocks changing hands. Eppley Caribbean Property Fund rose $1.25 to finish at $40 with an exchange of 5,851 units, Jamaica Broilers shed $1.29 and ended at $32.20 after 5,179 stocks passed through the market, Jamaica Producers declined $1.20 to close at $21.90 in switching ownership of 1,067 units. Jamaica Stock Exchange lost 40 cents to end at $10 with investors dealing in 154,096 shares, JMMB Group climbed 40 cents to $25 after an exchange of 60,519 stock units, Kingston Wharves dipped $1.05 in closing at $26.40 in trading 121,219 shares. Lasco Manufacturing popped 45 cents to close at $5.85, with 43,846 units crossing the market, Margaritaville sank $1.65 to finish at $14.50 in trading 2,609 stocks, Massy Holdings gained $7.99 and ended at $88 after an exchange of 35 stock units. MPC Caribbean Clean Energy slipped $3 to $92 with a transfer of 100 shares, Pan Jamaica advanced $1.40 and ended at $51.30, with 125 stocks crossing the exchange, Scotia Group rose 50 cents in closing at $44.40 with traders dealing in 360,975 units, ahead of second quarter results due out on Thursday along with a dividend announcement. Seprod fell $1.40 to close at $78 in an exchange of 6,468 stock units, Stanley Motta skidded $1.34 to finish at $6.11 with 2,847 shares crossing the market and Supreme Ventures sank 30 cents to end at $22.70 after a transfer of 133,409 units.
In the preference segment, Productive Business Solutions 10.5% preference share advanced $90 in closing at $1200 with an exchange of 10 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.