Trading plunges on JSE Main Market


Trading on the Jamaica Stock Exchange Main Market ended on Tuesday, with the volume of stocks traded declining 9 percent and the value 38 percent lower than on Monday, with trading in 62 securities compared with 58 on Monday, with prices of 18 rising, 32 declining and 12 ending unchanged.

The market closed with 13,806,979 shares traded for $79,583,760 and sliding from 14,588,589 stock units at $111,467,715 on Monday.
Trading averaged 222,693 shares at $1,283,436 down from 251,527 stocks at $1,921,857 on Monday and month to date, an average of 236,630 units worth $1,592,006, compared with July, which ended with an average of 270,399 stock units at $2,493,078.
Transjamaican Highway was the leading traded stock with 3.42 million shares for 25.9 percent of total volume followed by JMMB Group 7.35% – 2028, with 2.22 million stocks for 16.8 percent of the day’s trade, Wigton Energy closed with 1.87 million stock units for 14.2 percent of the volume traded, Sagicor Select Manufacturing & Distribution Fund, closed with 1.38 million shares for 10.4 percent of the overall volume, Sagicor Select Financial Fund ended with 1.03 million stocks for 7.8 percent of the stocks traded and JMMB Group 10% with 1.01 million stock units for 7.7 percent of market share.
The All Jamaican Composite Index advanced 1,231.39 points to 354,759.05, the JSE Main Index rallied 495.41 points to end at 307,743.10 and the JSE Financial Index lost 0.01 points to close at 62.26. At the close, the Investor’s Choice bid-offer indicator shows eight 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 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 2025.
At the close of the market, AS Bryden declined $1.45 and ended trading at $25 with investors dealing in 23 shares, Caribbean Cement lost $17 to $88 after hitting a 52 week high of $105 on Monday, with trading of 15,349 stocks, Eppley dropped 82 cents to finish at $32.50 with 200 shares passing through the market. Eppley Caribbean Property Fund shed $3.51 to close at $38 as investors exchanged 3,610 units, GraceKennedy rallied $2 to end at $72 after trading in 25,159 stock units, Guardian Holdings popped $1 in closing at $310 with traders exchanging 83 shares, Jamaica Broilers sank $1.29 to $24.51 with investors swapping 19,430 stocks, JMMB Group slipped $1.45 to close at a 52 week low of $18.51 with 4,380 units clearing the market, NCB Financial fell 90 cents to end at a 52 week low of $28 with investors trading 753,302 stock units. Pan Jamaica skidded 50 cents in closing at $50.50 after an exchange of 6,596 shares, Sagicor Group gained 49 cents to finish at $41.49 with investors dealing in 5,548 stocks, Scotia Group sank $2.95 and ended at $53 with 12,942 units crossing the market. Seprod rose $2 to $85 with a transfer of 551 stock units, Sygnus Credit Investments dipped 57 cents to end at $13.33 with 9,069 shares changing hands and Wisynco Group sank 70 cents in closing at $20.75 with an exchange of 8,847 stocks.
In the preference segment, Eppley 7.25% preference share declined 49 cents and ended at $18.50 in closing with 5,000 units, Jamaica Public Service 7% lost $4 to close at $39 with investors switching ownership of 6 stock units, 138 Student Living preference share fell $20 to finish at $210 with 16 shares crossing the exchange and Sygnus Credit Investments C10.5% advanced $3 and ended at $105 in trading 7,913 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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