Trading rise on the JSE Main Market

Trading picked up on the Jamaica Stock Exchange Main Market on Tuesday, with the volume of stocks traded rising 38 percent and the value 139 percent more than on Monday, following trading in 58 securities up from 57 on Monday, with prices of 20 stocks rising, 29 declining and nine ending unchanged.
The market closed with 10,216,315 shares trading for $114,195,348 up from 7,412,487 units at $47,727,836 on Monday.
Trading averaged 176,143 shares at $1,968,885 compared to 130,044 units at $837,330 on Monday and month to date, an average of 317,641 units at $3,303,582 compared with 341,224 units at $3,526,031 on the previous day and July with an average of 602,415 units at $5,405,031.
Transjamaican Highway led trading with 3.03 million shares for 29.7 percent of total volume followed by Wisynco Group with 1.40 million units for 13.7 percent of the day’s trade, Wigton Windfarm with 1.11 million units for 10.8 percent of market share and Sagicor Select Financial Fund with 1.05 million units for 10.2 percent of total volume.
The All Jamaican Composite Index skidded 1,646.71 points to 349,783.60, the JSE Main Index dipped 1,411.14 points to 308,687.82 and the JSE Financial Index fell 0.07 points to lock up trading at 65.18.
The Main Market ended trading with an average PE Ratio of 13.7. 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.
Investor’s Choice bid-offer indicator shows nine stocks ended with bids higher than their last selling prices and five with lower offers.
At the close of trading, Berger Paints slipped 53 cents in closing at $6.85 with 216,860 shares crossing the exchange, following the release of positive six months results, First Rock Real Estate climbed 55 cents to $10.85 in trading 584 stocks, General Accident rose 70 cents and ended at $7.05 after a transfer of 3,043 shares. Jamaica Broilers lost $2.70 to finish at $33.05 after closing with an exchange of 365,791 stock units, Jamaica Producers declined $1 to end at $23 in an exchange of 905,437 shares, Jamaica Stock Exchange advanced 83 cents to close at $10.96 with traders dealing in 1,110 stocks. JMMB Group sank 99 cents to $23.01 with 55,473 units clearing the market, Kingston Properties popped 40 cents to finish at $9.40 after trading in 1,214 stock units, Kingston Wharves rallied $1 and ended at $28.50 with an exchange of 3,432 shares. Lasco Manufacturing dropped 38 cents to close at $6.52 with 58,916 stock units passing through the market, NCB Financial shed $1 to end at $50 after an exchange of 221,493 units, Portland JSX fell 65 cents in closing at $10.15 with a transfer of 976 stocks. Proven Investments increased $1.26 to $17.80 with investors dealing in 3,636 units, Scotia Group skidded $2.45 and ended at $42.30 in an exchange of 267,703 shares, Sygnus Real Estate Finance sank 67 cents in closing at $8.04 with investors trading 3,000 stocks and Wisynco Group dipped 30 cents to end at $19.90 in switching ownership of 1,402,808 stock units.
In the preference segment, Eppley 7.50% preference share sank $1.04 to finish at $5.92 with 2,493 shares crossing the market, Jamaica Public Service 7% gained $1.77 to close at $48 with investors swapping 145 stocks, 138 Student Living preference share popped $10.16 to $210 after an exchange of 6 units and Sygnus Credit Investments C10.5% dropped $3 and ended at $101, with 600 stock units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.