Trading pumps JSE Main Market prices


Trading activities jumped sharply on Thursday on the Jamaica Stock Exchange Main Market, ending with a 121 percent pop in the volume of stocks traded with the value climbing 83 percent higher than Wednesday and resulting in trading in 61 securities up from 56 on Wednesday, with prices of 32 rising, 21 declining and eight ending unchanged.

The market closed with 24,228,317 shares trading for $219,452,208 well over 10,953,752 stock units valued $119,800,922 on the previous day.  Trading averaged 397,186 shares at $3,597,577 up healthily from just 195,603 stock units at $2,139,302 on Wednesday. For the month to date, trading ended with an average of 233,710 units at $2,154,544 up from 214,823 shares at $1,987,830 on the previous day and October with an average of 205,025 stock units at $2,311,672.
Wigton Energy led trading with 9.0 million shares for 37.1 percent of total volume followed by Lasco Manufacturing with 5.64 million stock units for 23.3 percent of the day’s trade, Wisynco Group with 2.21 million stock units for 9.1 percent market share, Transjamaican Highway ended with 1.98 million stock units for 8.2 percent market share after the stock traded at a record high of $3.96 and Jamaica Broilers with 1.42 million units for 5.8 percent of total volume.
The All Jamaican Composite Index jumped 1,603.80 points to finish at 360,694.11, the JSE Main Index gained 989.89 points to end at 312,261.66 and the JSE Financial Index dipped 0.13 points to end at 64.54. The Investor’s Choice bid-offer indicator shows 10 stocks ended with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 14. The JSE Main and 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 2025.
At the close of an active market, Barita Investments slipped $1.80 and ended at $71.20 in an exchange of 9,734 stocks, Caribbean Cement popped $1 to $71 with 43,158 shares crossing the market, Carreras rose 57 cents to end at $11.60 after an exchange of 244,915 stocks. Eppley Caribbean Property Fund rose $6.75 to $36.90 with a transfer of 436 units, General Accident rallied 48 cents to finish at $6.49 after a mere 889 shares crossed the exchange, GraceKennedy sank 49 cents to close at $74 with trading in 392,208 units. Guardian Holdings fell $5 to $305 as 52 stocks crossed the exchange, Jamaica Broilers skidded 55 cents to close at $36.44 with investors trading 1,416,515 stock units, Jamaica Producers increased $1.88 to $21.99 with an exchange of 227,289 shares. Lasco Manufacturing sank 43 cents and ended at $7.10 with a transfer of 5,644,394 units, Margaritaville dipped $2.18 to end at $12.61 as investors exchanged 119 stocks, Massy Holdings advanced $4.89 to finish at $75 after a transfer of 31,841 stock units. Mayberry Group fell 49 cents and ended at $7.41 with investors dealing in 5,521 shares, Mayberry Jamaican Equities declined 78 cents to $9 after an exchange of 659 units, MPC Caribbean Clean Energy shed $13 to close at $75 with investors swapping 2,375 stocks. Portland JSX dropped 50 cents to finish at $10.30 with 50,000 stock units clearing the market, Proven Investments gained $1 to end at $18 with traders dealing in 5,660 shares, Sagicor Group rose 75 cents to $40 with 9,973 units switching owners. Scotia Group rallied $1.99 to close at a 52 weeks’ high of $48.99 with investors trading 75,002 stocks, Seprod increased 50 cents and ended at $85 as 1,122 stock units changed hands and Wisynco Group climbed 50 cents to $21.50 with 2,206,238 shares having been traded.

In the preference segment, Jamaica Public Service 7% popped $3.28 to $43.50 in an exchange of 1,150 stock units and 138 Student Living preference shares advanced $81 to close at $290.99 with a mere 5 units passing through the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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