Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks changing hands falling by 34 percent and the value 48 percent lower than on Monday, with an exchange of 58 securities similar to trading on Monday and closed with prices of 22 rising, 20 declining and 16 ending unchanged.
The market closed with 8,912,798 shares being traded, with a value of $54,686,296, following a decline from 13,477,623 stock units for $104,726,080 on Monday.
Trading averaged 153,669 shares at $942,867, falling from 232,373 stocks at $1,805,622 on Monday and month to date, an average of 188,676 stock units at $1,091,418 compared with 194,613 shares at $1,116,610 on the previous day and August with an average of 286,418 stock units at $1,923,954.
Transjamaican Highway led trading with 5.46 million shares for 61.3 percent of the total volume, followed by Sagicor Select Financial Fund, with just 735,326 units for 8.3 percent of the day’s trade and Radio Jamaica with 680,000 stock units for 7.6 percent of the volume traded.
The All Jamaican Composite Index advanced 493.98 points to close at 365,040.08, the JSE Main Index sank 837.41 points to end at 317,640.38 and the JSE Financial Index slipped just 0.03 points to 66.34. At the close, the Investor’s Choice bid-offer indicator shows eight stocks ending with bids higher than their last selling prices and one with a lower offer.
The Main Market ended trading with an average PE Ratio of 13.3. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with financial year ending around August 2026.
At the close of trading, AS Bryden slipped $4.40 and ended at $25.60 with trading of a mere 5 shares, Barita Investments sank 49 cents to $78.51 in an exchange of 1,415 units, Berger Paints gained 77 cents to close at $6.78 with 81 stocks crossing the market. Caribbean Cement rose $4.50 to end at $94 in an exchange of 55,587 shares, Eppley Caribbean Property Fund fell $3.49 in closing at $38.50, following trading of 306 stock units, Guardian Holdings sank $1 to finish at $359 after an exchange of 10 shares. JMMB Group dipped $1.06 and ended at $18.42 with traders swapping 46,691 stock units, 138 Student Living lost 40 cents to close at $4.08 with 1,945 stock units crossing the market, Scotia Group climbed 90 cents in closing at $55.50 after investors transferred 8,303 stock units and Seprod popped 50 cents to close at $78.50 after closing with 2,464 shares changing hands.
In the preference segment, 138 Student Living preference share skidded $78.50 to finish at $255 with a transfer of 280 stocks and Sygnus Credit Investments 10% advanced 51 cents to end at $104.50 with traders clearing 3,350 units in the market.Prices of securities trading are those for the last transaction of each stock unless otherwise stated.